It's because people want some substance too. It's obvious people want one wall observer thread that is both serious but also has room for some fun and comic relief in between. The last thread was perfect imo, don't know why the TS wanted to change that.

We are just correcting to match difficty. We got a ways to go.

18% in 24 hours is not healthy growth. We've been there before. A correction down is expected. But long term we will be at $200 by the end of 2013!

HOLY MOLY!!!

i just woke up to this

 

There are some major differences now vs april. The most important one:

- Volume is spread in different exchanges

I highly doubt that we well see same kind of superpaniccrash that took place in %80 volume leading shitgox. Base in stronger. There were maybe 20k sold now and it didn't make a big dent and thats over 10 000 000 USD...

I'm guessing Stamp hasn't processed the wiretransfers from before the weekend yet and people have run out of USD to buy there. I know that Bitfinex doesnt have funds on Stamp anymore (BFX users can also trade on Stamp, but can only buy on Stamp when BFX has USD there, which they don't at the moment).

I'm expecting Stamp to pull back up in a few hours when the fiat lands there.

We've all been through that.  First time I spent a significant amount, the price doubled from the time I initiated the transfer to MtGox to when it showed up.  After I bought, the price fell 30%.  The time between the fall and when things picked up again was a little stressful, to say the least.

Hey tard, this is "Wall Observer BTC/USD" thread and you are on bitcointalk.org forum. Go back to altcoin subforum here, or better, to LTC forum.


See reply above.

You, sir, are not heeding my words. You have another 24 hours - 7 days to get back on this train. There's going to be a lot of resistance levels in that time period, but we are still in a bill market and the bear trap has been confirmed.

Better sell NOW!
Losing 13.5k$ is no fun! Just be safe. Sell and buy later.

lol. There are patterns that do hold though. Look at the last 4 months or so. Pretty much every sunday there is a big dump.

I'm going back to my precious alts trading, I'm tired of btc vs usd one and I'm shit in it.

Good job, let the good vibes roll  

Maybe we can see another swing, so im full bitcoin again? Because 90% bitcoin is just not enough to me.

much awesome, such made my day, wow

Might have been me:


That said - I don't have prophetic pretensions - I just know that it's very hard to call it.

I am still holding some 'play fiat' (it is the weekend and just before Christmas after all) and I have been holding it for a few days.

I think that is wise, but the general bearish mood is unusually strong - and our worst crashes have been when we are most bullish.

It seems like some of the bid orders have been pulled on the Stamp. There is a wall at 626 and not much below at all now.

What about 2014?

I've been waking up every three/four hours to check on the price (5.53am local time) and every time I look at the chart and think, "thank goodness I hodled".  I imagine trying to day trade in such a bullish trajectory is pretty stressful.

But this is another 'thin volume rally'...lets see what has happened by 31st Jan.

I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?

Lol. That's pretty funny.

But this doesn't change the fact that you are still an over-analytical asshole.

You have this tendency to take 1 thing someone will post, find some literal misinterpretation and run with a counter argument, just for the sake of being a pompous prick.  

Now, I misspoke to say I hadn't made any incorrect calls. In fact, you could have quoted various of my previous posts where I have mentioned "not having a clue" or "maybe wrong" or "I missed the fact that..." or some other caveat where I recognize that we all, including myself have limitations.  Of course you left any posts like this out because you wanted to paint a picture of me as a complete imbecile.

The truth is I sometimes cut corners with what I post or don't qualify my statements in "context" simply because I take for granted that people on here won't take things as black or white, but perhaps with some grey or because I am posting from my phone or don't have the time and energy to clarify ever little detail. Although, while you posted several quotes most of them came down to me missing on either the fact that the rally at $250 would go to $1240 or missing the capitulation going below $600 - in essence missing the news from China, although I posted a poll about that very thing 10 days before it happened. There were a few other misses and some you didn't post (would you like me to add them for you?) but most of these quotes are about the same topics.

Now it probably took you a good hour to go back through all my posts. And of course you didn't list any of my correct predictions, because you had a bone to pick. So, should I now go back and do the same to you? Heavens no, what a collossal waste of time and energy.

But hopefully you had a laugh and feel better about yourself now.

I can take it as good as I give it. So again, well done.

All I ask is just try not to be such an analytical prick.

But this doesn't change the fact that you are still an over-analytical asshole.

I just love seeing the 20 or so btc buys roll buy like clockwork... I can't decide if its a couple bigger stacks averaging in, or just people who have been waiting to buy getting in to the game.

As I believe I've understood from it being discussed.. essentially if whale A puts up xxxx coins at 800 and whale B with fiat can snatch em up and life goes on relatively undisturbed

I suppose we see the price move quickest when the walls are up for manipulation and get pulled before being completely eaten or as the price moves down towards them, also they can induce panic sells due to the volume.

Edit assuming the buys stay constant at 5-15 time range I took 10 minutes as a mean, and it ranges from 15-20 coins so 17.5 coins a buy, means 2520 coins are being bought over a 24 hr period. I'd love to believe that's a hedge fund buying up a stash lol

I'm not sure it has any charge -- you just buy your coins from them.

Can't Correct Mtgox Failures?

Well, are there any news in china I'm not aware of? Or is it just someone pumping? Damn, it sucks to not know any chinese  Sad

Adam you have a power that you are not using wisely, the poll over there if used correctly with some good questions could be really helpful with understanding many things about Bitcoin speculators, people pay real money to use that data, but there you go posting hodl and buy buy buy and sell sell.....


try to use it wisely, if not for your self than for others...

Also, insulting longtime members helps, throw those elbows around

Ignore list rules for wall observer thread. Ignore all accounts created after 01.01.2013., do not ignore chartbuddy and you are safe.

I didn't know Conan was on here. Hi O' Brien!


Current activity has me very hopeful for 1k+

i should buy back my coins now or those beers i handed out are gana end up costing me big time 

Guess nobody gave a flying duck about that correction.. Back to reality?

Still $700,- tommorow?

Anyone?

14GvZM5eojs4xvJGAm3zSVm7gbTPvPvUu5

Beer me? I'll put it in cold storage...

(I hope I'm the first to that pun)

Someone should run an autocorrelation on the price. Such an influence would show peaks at 2 weeks and 30 days (Also at 1 week but there would be other potential explanations for that).

Well, that was a bum note.      

heh

Stand away

Who said that?

I really do NOT buy into these numerology type explanations or suggestions that future ATHs are replicas of past ATHs.  Anyhow, my understanding is that the 24th was projected based on the number of days between ATHs...  You cannot just make things up, and begin to change the scenario and to say that is when the progression towards the ATH is going to begin.

On the other hand, it makes sense that a new ATH will be delayed, somewhat, based on a variety of negative publicity and just some need to consolidate a little longer b/c BTC is just NOT ready, yet.

Yes, wishful thinking stopping the various FUD, quasi-off topic and trolling.

I personally have little clue about the price direction on the short term.. with the various ongoing price manipulations that seem to be occurring and even the seemingly relatively speaking low volume.

It would be nice to get some high volume upward price action to bring us past $467, but I am having my doubts about how long it is going to take for such an event to occur because when we have fairly low trade volume with upward and downward girations, we have the sense that there is not a whole hell-a-va lot of passion out there regarding bitcoin pumping (to get us to move upwards), and when low volume is sustained, then the price is being controlled by a fairly small amount of capital, which means that BTC prices can be driven down with a few thousand coins dumped over a few hours. 

Surely, the whales need more than a few thousand coins and capital to control bitcoin prices, but relatively speaking, it is not a lot when the volume is so low on an ongoing basis. 

Accordingly, if there is high trade volume with upward price movement (for example, averaging more than 15k coins per day on Bitstamp for more than a week), then that level of trade volume signifies that we have a pretty decent BTC price battle going on (and some passion in the fight between the bears and the bulls)... otherwise if there is not a passionate battle, then little by little bears can control and manipulate and surprise with dumps...

To me, I kind of assess that we have not experienced such a sustained BTC price battle for more than 8 weeks... so can become a bit nerve racking.. to witness the bears kind of controlling and the FUD receiving too much attention... and the passion for upward movement is not quite high enough to cause upward umph. 

Prior to 8 weeks ago, we had about 20 weeks of a decent and sustained trade volume which really was a price battle that brought us to our current approximate floating price (largely floating between the $360s and the $460s during this kind of waiting and see period.. maybe even a kind of consolidation range.. at least for the moment, until passion increases... which will come, sooner or later.. hopefully sooner...  ).