Topic: Wall Observer - MtGoxUSD wall movement tracker - page 920. (Read 1811714 times)
Well there's something to be said for the price stability that we have had recently. Paired with a recent uptrend, I'm content.
nice breakout, no?
Quote from: Jesse Livermore - Reminiscences of a Stock Operator cropped
his experience has been the experience of so many traders so many times that I can give this rule: In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be up or down. The thing to do is to watch the market, read the tape to determine the limits of the get-nowhere prices, and make up your mind that you will not take an interest until the price breaks through the limit in either direction. A speculator must concern himself with making money out of the market and not with insisting that the tape must agree with him. Never argue with it or ask it for reasons or explanations. Stock-market post-mortems don't pay dividends.
„Boy Plunger“^^
Cool! Thanks for the "link".
nice breakout, no?
Quote from: Jesse Livermore - Reminiscences of a Stock Operator cropped
his experience has been the experience of so many traders so many times that I can give this rule: In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be up or down. The thing to do is to watch the market, read the tape to determine the limits of the get-nowhere prices, and make up your mind that you will not take an interest until the price breaks through the limit in either direction. A speculator must concern himself with making money out of the market and not with insisting that the tape must agree with him. Never argue with it or ask it for reasons or explanations. Stock-market post-mortems don't pay dividends.
More use/trades of bitcoin outside the exchanges = positive
More use/trades of bitcoin outside the exchanges = less volume traded on the exchanges
less volume traded on the exchanges = positive ?
More use/trades of bitcoin outside the exchanges = less volume traded on the exchanges
less volume traded on the exchanges = positive ?
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I only took byronbb's picture to say what I have on my mind. I should have differentiated it more. My 13$ something mark is a more general point of view. sry^^
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Thanks for the replies. I can't really decide on a bull/bear position. I feel there are contradictory signals.
Bid Ask ratio is diverging to the Bid side for the highest spread ever.
http://www.bitcoinx.com/charts1/depth_mtgox.png
Yet price has broken from following hash-rate.
http://www.bitcoinx.com/charts1/chart_large_lin.png
Bid Ask ratio is diverging to the Bid side for the highest spread ever.
http://www.bitcoinx.com/charts1/depth_mtgox.png
Yet price has broken from following hash-rate.
http://www.bitcoinx.com/charts1/chart_large_lin.png
I took a few hours to go through accumulation/ distribution theory. Actually a little dangerous. If you look at the 8k transfer yesterday it looks like a bot got triggered... I am bullish. If we're not going to break the 13$ mark, I'll change. But as Adam said there are too much good news/ new news. We could simply move on to the moon.
what video is that... wanna see!
http://www.youtube.com/watch?v=u6KXgjLqSTg
cover of:
http://www.youtube.com/watch?v=zU9lv_WqK6k
nice. thanks.
agreed. never seen that vid, but love the song. thanks.
what video is that... wanna see!
http://www.youtube.com/watch?v=u6KXgjLqSTg
cover of:
http://www.youtube.com/watch?v=zU9lv_WqK6k
nice. thanks.
Don't let them discourage you Adam, I'm 100% bull right now too. All these bears are full of cash and have nothing left to do but buy! 
well they could sent the cash to their bank account and then invest in the stock market
Don't let them discourage you Adam, I'm 100% bull right now too. All these bears are full of cash and have nothing left to do but buy!
well they could sent the cash to their bank account and then invest in the stock market
i let this here is likely to be useful in the future
Don't let them discourage you Adam, I'm 100% bull right now too. All these bears are full of cash and have nothing left to do but buy!
that's right Adam, more more you bad boy
that's right bitches! I WANT MOOORRRREEEEEE!
I can't really decide on a bull/bear position. I feel there are contradictory signals.
is their any reason to be bearish at this time?
nvm the stupid "signals"
any reasons?
Thanks for the replies. I can't really decide on a bull/bear position. I feel there are contradictory signals.
Bid Ask ratio is diverging to the Bid side for the highest spread ever.
Yet price has broken from following hash-rate.
Bid Ask ratio is diverging to the Bid side for the highest spread ever.
Yet price has broken from following hash-rate.
I strongly advise against trying to short!
that is all.
Does this drop of Accumulation/Distribution coupled with a lack of downswing mean anything to anyone?
I posted about that here as well:
https://bitcointalksearch.org/topic/m.1375152
Thanks, so basically there are more bitcoins being sold into bids, rather than being bought from asks right now.
yep but here is to get a better view using daily chart, we are above the level reached in 15,40 and the price did not rally yet a new down trend will take the price at some awesome low lvls 
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