Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30726. (Read 26720202 times)

sr. member
Activity: 308
Merit: 250
Hi Guys!

I am not putting in more $ than I am prepared to lose, but considering it is still quite a bit of money to me (though it may be peanuts to some of you guys) I want to make an informed and rational plan and not buy at an ath this time. I know that when I start looking at trade charts and the news constantly I will only behave like the herd and lose coins instead of gaining (holding) them.


Thats peanuts indeed, I don't know how old you are or where youre from, you should look into increasing your earnings, en slashing your costs.
sr. member
Activity: 378
Merit: 250
Hi Guys!

I am currently trying to invest about a couple of bucks in Bitcoin, and have been reading up on all kinds of predictions and advice (dreams even) over the last couple of days to get an idea of how to do this.

I am not putting in more $ than I am prepared to lose, but considering it is still quite a bit of money to me (though it may be peanuts to some of you guys) I want to make an informed and rational plan and not buy at an ath this time. I know that when I start looking at trade charts and the news constantly I will only behave like the herd and lose coins instead of gaining (holding) them.

My guess is the price will go down some in the near future and, in the case of some more bad news from china or something, maybe even dip quite low. After that I presume it will rise again to new records. Since I'm buying I want to buy as low as possible of course, but I do not want to risk missing the boat completely before the price rises again.

So I came up with these orders on Bitstamp (lets say I want to invest a thousand bucks):

at $521/BTC buy .333BTC for $173.49
at $357/BTC buy .333BTC for $118.88
at $303/BTC buy .750BTC for $227.25
at $273/BTC buy 1.76BTC for $480.38

Comments are highly appreciated.

you're optimistic ! Even if you're right and bitcoin crashes, you have little chances to see your orders under 400 filled (so even if you're lucky you could end with almost no coins
Even if you're bearish you could think about what you would do if bitcoins doesnt go below 600 anymore (you would completely miss the boat)
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Rpietila , Whats your insight for early 2014?

According to the trendline model, we should reach the ATH earliest May, and before that have a consolidation in 500 area, with possibly 1-2 dips below that. The trendline is the sum total of all news, etc. so it will most likely continue to be valid this year as it has all the previous years. SlipperySlope's logistic model has actually a less steep trendline because it is based on MtGox data only whereas I have all of it since 2009.

Due to several risks (most of it related to exchanges) I advocate keeping 50% of your (liquid) net worth in paper wallets. The rest should be mostly in fiat in this kind of condition where we are in a bear market following the bubble top, and the trendline does not allow a further uptrend just yet.

If you recall the April bubble and its aftermath, there was a high consolidation in 130 area which lasted for several weeks before the final capitulation. I don't believe we can stay at 750 and continue going up from here.

Today I'm paying for a bet I've lost. My position was we'd "never go over $710" and the opposite side was "over $800" by Friday. Oh well...
newbie
Activity: 5
Merit: 0
Hi Guys!

I am currently trying to invest about a couple of bucks in Bitcoin, and have been reading up on all kinds of predictions and advice (dreams even) over the last couple of days to get an idea of how to do this.

I am not putting in more $ than I am prepared to lose, but considering it is still quite a bit of money to me (though it may be peanuts to some of you guys) I want to make an informed and rational plan and not buy at an ath this time. I know that when I start looking at trade charts and the news constantly I will only behave like the herd and lose coins instead of gaining (holding) them.

My guess is the price will go down some in the near future and, in the case of some more bad news from china or something, maybe even dip quite low. After that I presume it will rise again to new records. Since I'm buying I want to buy as low as possible of course, but I do not want to risk missing the boat completely before the price rises again.

So I came up with these orders on Bitstamp (lets say I want to invest a thousand bucks):

at $521/BTC buy .333BTC for $173.49
at $357/BTC buy .333BTC for $118.88
at $303/BTC buy .750BTC for $227.25
at $273/BTC buy 1.76BTC for $480.38

Comments are highly appreciated.
sr. member
Activity: 686
Merit: 250
So let me get this straight the raided because some Rs20-30 rupees where traded. One bitcoin currently costs Rs 46600
Its Rs 20-30 crore.
1crore=10 million

The Enforcement Directorate is probing to see if any Money Laundering occured , Foreign Exchange violations and stuff.
Apparently the Reserve Bank of India issued only a trading advisory, but did not ban Bitcoin.
http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=30247
hero member
Activity: 812
Merit: 587
Space Lord
Maybe their definition of existence is actually having value in fiat.
legendary
Activity: 1554
Merit: 1000
So let me get this straight the raided because some Rs20-30 rupees where traded. One bitcoin currently costs Rs 46600

This made me lol very hard:

No country has legalised Bitcoin as of now because of its opaque nature

Cheesy Cheesy Cheesy

"Bitcoin came into existence just 3-year ago......."

Lazy journalism, considering Bitcoin is 9 days from its 5th birthday.  
legendary
Activity: 2324
Merit: 1125
So let me get this straight the raided because some Rs20-30 rupees where traded. One bitcoin currently costs Rs 46600

This made me lol very hard:

No country has legalised Bitcoin as of now because of its opaque nature

Cheesy Cheesy Cheesy

Haha what? I'm laughing out loud here Cheesy
hero member
Activity: 812
Merit: 587
Space Lord
Bid-wall re-placed to $795. I've witnessed this behavior in a falling alt-coin...

Keep calm and hodl.
hero member
Activity: 728
Merit: 500
Bid-wall re-placed to $795. I've witnessed this behavior in a falling alt-coin...
hero member
Activity: 812
Merit: 587
Space Lord
Stamp should start catching up soon Wink
I'm giving away some more fiat to them.
legendary
Activity: 1148
Merit: 1018
So let me get this straight the raided because some Rs20-30 rupees where traded. One bitcoin currently costs Rs 46600

This made me lol very hard:

No country has legalised Bitcoin as of now because of its opaque nature

Cheesy Cheesy Cheesy
hero member
Activity: 812
Merit: 587
Space Lord
bidwall @ 800 got pulled

Was it you who was gonna buy for 8k today or was it someone else?
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
swing tard

That pretty much sums up short term trading in bitcoin.
sr. member
Activity: 308
Merit: 250
bidwall @ 800 got pulled
hero member
Activity: 812
Merit: 587
Space Lord
100 trillion zimbabwean dollars!
legendary
Activity: 966
Merit: 1001
Energy is Wealth
So let me get this straight the raided because some Rs20-30 rupees where traded. One bitcoin currently costs Rs 46600
legendary
Activity: 854
Merit: 1000
hero member
Activity: 812
Merit: 587
Space Lord
Nice 800 miniwall on gox...

There was one also yesterday , but I don't know what happened to it , I went to sleep.
Anybody knows ?

I sold over 9000 BTC.

Just kiddin' Grin

You and Falsoraj Smiley

You'll cry when I dump all my BTC! Grin Grin Grin

I won't cry even if Loaded dumps all of his BTC Smiley.
I'm cold as Ice.

hero member
Activity: 812
Merit: 587
Space Lord
It's not a bubble. The "crashes" are the train stopping and refilling Cheesy

The fifth growth spurt .

Let's start using growth spurt, it's more accurate then "bubble".

Cheesy
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