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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30553. (Read 26720873 times)

legendary
Activity: 2156
Merit: 1070
At this rate we will hit $1500 this week  Shocked



We are going to correct soon, imo. This is unsustainable. Unless masses of new fiat hit the exchanges tomorrow, there is going to be a snapback. If we blow through ATHs like butter, I will be as shocked as anyone.
sr. member
Activity: 252
Merit: 250
At this rate we will hit $1500 this week  Shocked

full member
Activity: 160
Merit: 101

And now the volume is picking up!
hero member
Activity: 574
Merit: 500
One of Risto's best advice when new money come into exchange here https://bitcointalksearch.org/topic/sss-a-sane-and-simple-bitcoin-savings-plan-345065 is
Quote
It is important to buy in as soon as possible
I burnt by not buying at 750 on Friday, even though I got fresh funds cleared on Stamp by then. I was influenced by my prior bad trade, hoping for a week-end dip.
Note to self: always keep fresh money decisions for holding emotionally separated from trading decisions.

I've learned to stagger the buys up and down from a price point.. so you never get left in the full fiat for what you hoped to spend atleast.
legendary
Activity: 1680
Merit: 1014
One of Risto's best advice when new money come into exchange here https://bitcointalksearch.org/topic/sss-a-sane-and-simple-bitcoin-savings-plan-345065 is
Quote
It is important to buy in as soon as possible
I burnt by not buying at 750 on Friday, even though I got fresh funds cleared on Stamp by then. I was influenced by my prior bad trade, hoping for a week-end dip.
Note to self: always keep fresh money decisions for holding emotionally separated from trading decisions.
legendary
Activity: 1600
Merit: 1014
Nope.

Whats up with the username, goat?

also, all hell is going to break loose tomorrow after deposits get credited. Over the holidays, and weekend delays, I feel alot of buy support will be there tomorrow

The trust system here is lulz.

How do you even change your username?

give theymos 50 btc.

A real bargain. I'm tempted; however I'll talk to my wife first, but why shouldn't she agree?
member
Activity: 91
Merit: 10
As Hyphymikey's posts show, people can take what is said here seriously and base their investment strategies on users comments

I can't believe that people actually do that. Nobody has ANYTHING to gain by giving the world advance notice of their trading intentions. The best thing to do is either ignore, or do the opposite of what large holders claim they will be doing in the near future.

A fool and their money...


False. People have REPUTATION to gain. Never underestimate how powerful praise can be if you are deemed a demigod of trading (or predict anything ahead of time for that matter). I can give you a very specific, recent, and pertinent example:

 Rpietila said there would be a drop to low 400s in December. I held my fiat and waited. Sure enough, my phone started blowing up with notifications of falling BTC price. I waited, it hit 400, I bought, and it immediately rose hundreds of dollars. I said thank you to Rpietila for his advice. I am now up over 100%. Some fool I am...


There are only 3 possible scenarios for ALL time scales, realistically only 2 matter, up and down (otherwise you can wait and see). So even a monkey has a 50/50 chance of getting it right, in fact a monkey will probably be better than a lot of inexperienced traders.





I agree that markets have 3 directions. I agree that a money can pick between two choices. A monkey would be hard-pressed to predict the movement, the price point at which it will reverse direction, and a timeline for that movement.
member
Activity: 91
Merit: 10
As Hyphymikey's posts show, people can take what is said here seriously and base their investment strategies on users comments

I can't believe that people actually do that. Nobody has ANYTHING to gain by giving the world advance notice of their trading intentions. The best thing to do is either ignore, or do the opposite of what large holders claim they will be doing in the near future.

A fool and their money...


False. People have REPUTATION to gain. Never underestimate how powerful praise can be if you are deemed a demigod of trading (or predict anything ahead of time for that matter). I can give you a very specific, recent, and pertinent example:

 Rpietila said there would be a drop to low 400s in December. I held my fiat and waited. Sure enough, my phone started blowing up with notifications of falling BTC price. I waited, it hit 400, I bought, and it immediately rose hundreds of dollars. I said thank you to Rpietila for his advice. I am now up over 100%. Some fool I am...

Hope you didn't listen to his last prediction. So he's 50/50 by my count just like a coin

If you backtest his predictions, he's definitely done better than 50/50. However, that can definitely be a ton of homework seeing as he's got a ridiculous amount of posts. In short: Take what people say with a grain of salt, do your own research, come to your own conclusions. I've done that with many of the posters on here I feel are smarter than the average bear (no pun) and it has been very lucrative thus far. However, I think we can both agree that blindly following any person is not a smart idea
sr. member
Activity: 280
Merit: 250
Rpietila said there would be a drop to low 400s in December. I held my fiat and waited. Sure enough, my phone started blowing up with notifications of falling BTC price. I waited, it hit 400, I bought, and it immediately rose hundreds of dollars. I said thank you to Rpietila for his advice. I am now up over 100%. Some fool I am...

Look at his predictions before that.  I don't have a list of them in front of me, but I went through a few months of his speculation posts when he made that December prediction and found them to be generally wrong.
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
So, we have passed the dead-cat-bounce price of 1068.99999 1067.99999 without much volume. What to expect now?
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Goxed?

I can't login. None of charts are updating. Hmmm...  Undecided
go to some URL that requires login (like https://www.mtgox.com/trade ) and use the login form in the middle of the page instead of the one on the top-right

everything looking cool from here, I don't know what kind of issues you are having !!1
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
Goxed?

I can't login. None of charts are updating. Hmmm...  Undecided
go to some URL that requires login (like https://www.mtgox.com/trade ) and use the login form in the middle of the page instead of the one on the top-right
hero member
Activity: 750
Merit: 601
As Hyphymikey's posts show, people can take what is said here seriously and base their investment strategies on users comments

I can't believe that people actually do that. Nobody has ANYTHING to gain by giving the world advance notice of their trading intentions. The best thing to do is either ignore, or do the opposite of what large holders claim they will be doing in the near future.

A fool and their money...


False. People have REPUTATION to gain. Never underestimate how powerful praise can be if you are deemed a demigod of trading (or predict anything ahead of time for that matter). I can give you a very specific, recent, and pertinent example:

 Rpietila said there would be a drop to low 400s in December. I held my fiat and waited. Sure enough, my phone started blowing up with notifications of falling BTC price. I waited, it hit 400, I bought, and it immediately rose hundreds of dollars. I said thank you to Rpietila for his advice. I am now up over 100%. Some fool I am...


There are only 3 possible scenarios for ALL time scales, realistically only 2 matter, up and down (otherwise you can wait and see). So even a monkey has a 50/50 chance of getting it right, in fact a monkey will probably be better than a lot of inexperienced traders.



legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
As Hyphymikey's posts show, people can take what is said here seriously and base their investment strategies on users comments

I can't believe that people actually do that. Nobody has ANYTHING to gain by giving the world advance notice of their trading intentions. The best thing to do is either ignore, or do the opposite of what large holders claim they will be doing in the near future.

A fool and their money...


False. People have REPUTATION to gain. Never underestimate how powerful praise can be if you are deemed a demigod of trading (or predict anything ahead of time for that matter). I can give you a very specific, recent, and pertinent example:

 Rpietila said there would be a drop to low 400s in December. I held my fiat and waited. Sure enough, my phone started blowing up with notifications of falling BTC price. I waited, it hit 400, I bought, and it immediately rose hundreds of dollars. I said thank you to Rpietila for his advice. I am now up over 100%. Some fool I am...

Hope you didn't listen to his last prediction. So he's 50/50 by my count just like a coin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
Bot still buying on MtGox though.. Are they afraid of running out?
hero member
Activity: 560
Merit: 500
Lol we could panic crash now  Wink
hero member
Activity: 700
Merit: 500
Goxed?

I can't login. None of charts are updating. Hmmm...  Undecided
member
Activity: 91
Merit: 10
As Hyphymikey's posts show, people can take what is said here seriously and base their investment strategies on users comments

I can't believe that people actually do that. Nobody has ANYTHING to gain by giving the world advance notice of their trading intentions. The best thing to do is either ignore, or do the opposite of what large holders claim they will be doing in the near future.

A fool and their money...


False. People have REPUTATION to gain. Never underestimate how powerful praise can be if you are deemed a demigod of trading (or predict anything ahead of time for that matter). I can give you a very specific, recent, and pertinent example:

 Rpietila said there would be a drop to low 400s in December. I held my fiat and waited. Sure enough, my phone started blowing up with notifications of falling BTC price. I waited, it hit 400, I bought, and it immediately rose hundreds of dollars. I said thank you to Rpietila for his advice. I am now up over 100%. Some fool I am...
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

"Cashing out" is a relative term ... for those of us who felt imprisoned by the fiat monetary system, buying BTC was our "cashing out" moment.

P.S. ... are you, btw, the good Sir Richard?

I'm not good. I will take your bitcoin and your fiat  Grin

So what's the deal with these space planes ... when can I get from Auckland to London in an hour in one of these rocket-fueled tubes and how much will it cost?
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