One single person/entity on Bitfinex has controlled the entire bitcoin market from $200 till now.
Your provocative assertion would benefit from a listing of evidence and/or supporting rationale.
Something something Jews?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17099. (Read 26585956 times)
May 27, 2017, 01:25:23 PM
Your provocative assertion would benefit from a listing of evidence and/or supporting rationale.
Something something Jews?
May 27, 2017, 01:23:20 PM
Healthy correction ? 
Current action has it basing off support and a possible uptrend and now it meets the downtrend of the fall, at least in dollars. On huobi in CNY it looks a bit better rising outside a downward channel and with more even volume between the fall and rise now that looks ok. The dollar exchanges have more work and volume probably required for a recovery, 2140 to beat but the main thing is to establish volume above 2000 I think
Current action has it basing off support and a possible uptrend and now it meets the downtrend of the fall, at least in dollars. On huobi in CNY it looks a bit better rising outside a downward channel and with more even volume between the fall and rise now that looks ok. The dollar exchanges have more work and volume probably required for a recovery, 2140 to beat but the main thing is to establish volume above 2000 I think 
May 27, 2017, 01:20:24 PM
That's some serious carnage. Gratifying to see most of the top shitcoins got hit worse than The One True Cryptotm.
Wait - what? WTF is going on with Tether?
May 27, 2017, 01:16:39 PM
Whale purge.
OK, I'll bite... what is the bottom graph showing? What's the X axis?
May 27, 2017, 01:12:41 PM
That's some serious carnage. Gratifying to see most of the top shitcoins got hit worse than The One True Cryptotm.
Wait - what? WTF is going on with Tether?
May 27, 2017, 01:07:17 PM
If you can call the tops - and the bottoms - then you are a better man than 99.9% on here.
For the rest of mankind cost averaging doesn't seem like a bad strategy to me.
For the rest of mankind cost averaging doesn't seem like a bad strategy to me.
You don't need to call tops or bottoms. If you did, you could have restocked at $155. It's more a case of aligning probabilities. I haven't bought for myself since $300 either, but I did have money allocated for a sub-$100 panic (which never materialized).
I guess a cost-averaging strategy isn't a bad idea for the other 99% however.
May 27, 2017, 12:54:09 PM
Dollar cost averaging is for people who can't see when the prices are high or low, so blindly invest regardless what the price is.
Why not save and invest at prudent moments? Like now instead of 2 days ago. 2 days ago it looked far more dangerous than it doesn now.
It still could go down from here, but it is less likely.
I bought in between $200-300 and haven't bought since.
Great advice - don't try to spread the risk. Just go on instinct. And, if possible, buy at $200.
Easy to be a wise man with hinsight.
To be fair, it was not hindsight, it was foresight.
It was you being lucky and bragging about it.
And then offering bad advice.
Just buy the dip every time (or the crash if you get that opportunity).
If you can call the tops - and the bottoms - then you are a better man than 99.9% on here.
For the rest of mankind cost averaging doesn't seem like a bad strategy to me.
agreed, been auto weekly buying for past 3 years. Have done very well. Could have done even better
if i had stuck to my guns and not sold at what i thought was incoming crash that turned into a pump and vice versa.
aka... i suck at trading. i just buy and hodle .
May 27, 2017, 12:52:08 PM
Ehh well a $10MM market sell would probably devastate a small market cap company, AAPL (apple) would barely notice it
MarketCapBTC/MarketCapAAPL ~= 4%. Respectable.
May 27, 2017, 12:44:30 PM
Loompaland?
I got to fly in a WWII B-17 Bomber plane a few days ago. Fun factoid (perhaps apocryphal) imparted by the plane's crew -
This plane was built in Burbank. There are multitudinous small spaces requiring detailed assembly operations within. Several of the diminutive actors from The Wizard Of Oz were employed on this plane's assembly line, as they could reach the crevices that others could not.
We now return you to your regularly scheduled scaling argument...
edit: upon reflection, the proper reference should have been Munchkinland, not Loompaland. c'est la guerre.
May 27, 2017, 12:34:13 PM
Dollar cost averaging is for people who can't see when the prices are high or low, so blindly invest regardless what the price is.
Why not save and invest at prudent moments? Like now instead of 2 days ago. 2 days ago it looked far more dangerous than it doesn now.
It still could go down from here, but it is less likely.
I bought in between $200-300 and haven't bought since.
Great advice - don't try to spread the risk. Just go on instinct. And, if possible, buy at $200.
Easy to be a wise man with hinsight.
To be fair, it was not hindsight, it was foresight.
It was you being lucky and bragging about it.
And then offering bad advice.
Just buy the dip every time (or the crash if you get that opportunity).
If you can call the tops - and the bottoms - then you are a better man than 99.9% on here.
For the rest of mankind cost averaging doesn't seem like a bad strategy to me.
May 27, 2017, 12:33:19 PM
One single person/entity on Bitfinex has controlled the entire bitcoin market from $200 till now.
Your provocative assertion would benefit from a listing of evidence and/or supporting rationale.
May 27, 2017, 12:30:30 PM
Dollar cost averaging is for people who can't see when the prices are high or low, so blindly invest regardless what the price is.
Why not save and invest at prudent moments? Like now instead of 2 days ago. 2 days ago it looked far more dangerous than it doesn now.
It still could go down from here, but it is less likely.
I bought in between $200-300 and haven't bought since.
Great advice - don't try to spread the risk. Just go on instinct. And, if possible, buy at $200.
Easy to be a wise man with hinsight.
To be fair, it was not hindsight, it was foresight.
It was you being lucky and bragging about it.
And then offering bad advice.
Just buy the dip every time (or the crash if you get that opportunity).
May 27, 2017, 12:12:44 PM
Dollar cost averaging is for people who can't see when the prices are high or low, so blindly invest regardless what the price is.
Why not save and invest at prudent moments? Like now instead of 2 days ago. 2 days ago it looked far more dangerous than it doesn now.
It still could go down from here, but it is less likely.
I bought in between $200-300 and haven't bought since.
Great advice - don't try to spread the risk. Just go on instinct. And, if possible, buy at $200.
Easy to be a wise man with hinsight.
To be fair, it was not hindsight, it was foresight.
It was you being lucky and bragging about it.
And then offering bad advice.
May 27, 2017, 12:11:07 PM
Dollar cost averaging is for people who can't see when the prices are high or low, so blindly invest regardless what the price is.
Why not save and invest at prudent moments? Like now instead of 2 days ago. 2 days ago it looked far more dangerous than it doesn now.
It still could go down from here, but it is less likely.
I bought in between $200-300 and haven't bought since.
Great advice - don't try to spread the risk. Just go on instinct. And, if possible, buy at $200.
Easy to be a wise man with hinsight.
To be fair, it was not hindsight, it was foresight.
May 27, 2017, 12:09:36 PM
Dollar cost averaging is for people who can't see when the prices are high or low, so blindly invest regardless what the price is.
Why not save and invest at prudent moments? Like now instead of 2 days ago. 2 days ago it looked far more dangerous than it doesn now.
It still could go down from here, but it is less likely.
I bought in between $200-300 and haven't bought since.
Great advice - don't try to spread the risk. Just go on instinct. And, if possible, buy at $200.
Easy to be a wise man with hinsight.
Missed a trick though - should have bought at $5
May 27, 2017, 12:00:28 PM
At least it didn't take a year to crash like last time. That was brutal.
It sure was =(. Oh, the wailing....
Not if you have been buying every month from 2012-2016
Dollar cost averaging... Gotta love it
Dollar cost averaging is for people who can't see when the prices are high or low, so blindly invest regardless what the price is.
Why not save and invest at prudent moments? Like now instead of 2 days ago. 2 days ago it looked far more dangerous than it doesn now.
It still could go down from here, but it is less likely.
I bought in between $200-300 and haven't bought since.
May 27, 2017, 11:51:18 AM
May 27, 2017, 11:38:12 AM
That was a nice bounce, we consolidate here and the next leg up is around the corner.
May 27, 2017, 11:33:02 AM
So it turns out that the reappearance of Richy_T was a strong sell indicator 
(Nothing personal mate, just a joke...)
(Nothing personal mate, just a joke...)
Though possibly also true
May 27, 2017, 10:42:06 AM
At least it didn't take a year to crash like last time. That was brutal.
It sure was =(. Oh, the wailing....
Not if you have been buying every month from 2012-2016
Dollar cost averaging... Gotta love it
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