Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18949. (Read 26609683 times)

Good morning Bitcoinland.

Still hanging in over $430 I see, with a short-lived touch over $435, clearing some of the ask walls around $434.

Hopefully we'll keep creeping slowly upward.



Contrary to popular belief all the blocks aren't full yet.

$5 down withiin 6.

Silence before the storm up

SERIOUS ADVISE

https://youtu.be/sWI4Qsqt-sU

cause of this https://youtu.be/YbzNJr26H-4

listen to the words dear fellows!

 

I don't know, but it's got everyone posting here again. I though this thread was dead after weeks of nothing but sparse NLC sock posts. A ten dollar pump later and all the old timers are back posting here again. This latest pump is unusually slow and steady compared to the usual sharp violent ones. Perhaps it's more sustainable because of it.

Love it

Does somebody know ehat is causing this price movement?

3

China >2800 looking good, just need to secure the local high right about now. >$435 on Bitfinex ... does this early breakout have wings? Interesting.

Morning gentlemen!
Woah Finex and Coinbase both over 434!
My coffee tastes much better this way!

i just came for the memes

BAM i guess Finex wants to go up

Ahem, that's Jr Member, to you.

I'll have you know, soon that will be Full Member, and I'll have a sig campaign to boot. HAterz gon hate.

If you believe that I could be a troll, you probably need to look up the definition of troll, newbie.

Either JJG is one of the most strangely committed, excruciatingly tedious troll jobs ever conceived… or he’s all too real folks, your call on which one scares you more.

hahahahahaha  Chef... I understand you are just trying to get Adam to reveal some additional specifics about his personal position... yet...


I agree generally with Adam's inclination that it is not necessary to reveal quantity of BTC in order to provide meaningful input into the thread (not that Adam has a high meaningful input batting average...  ).. ;

In any event, I think it remains good and relevant to bat around our various aspects of our personal holdings, personal strategies... including buying/selling strategies in order to attempt to improve our understanding of our BTC positions in comparison with what others are doing... .

I have come across quite a few people in these BTC forums and also in real life who really seem inclined towards too much risk taking and gambling with their BTC holdings in order to attempt to get rich... Is this Adam?  Could be, but I am not going to judge, at this moment.... ... 

Nonetheless, when we use BTC as a vehicle towards gambling we become considerably and too much emotionally invested in becoming rich through BTC.  .. then we start doing dumb things and even saying (posting) dumb things because prices will not go in the direction that we want/bet.

Frequently, I have to fight back my own inclinations toward gamble through my BTC allocated funds....

 For example, yesterday, BTC prices were hovering around the lower $425s.... and the situation seemed really poised towards moving up..  At that point, I was beginning to consider that the odds were in the 80/20 - ish arena that BTC prices were poised towards going up.    I began to think that I could make some quickie money, if I bet a bit on green...   Accordingly, I took about 30% of my BTC allocated fiat, and I bought at around $425.17.   Then for about the next hour, prices went up and down and up and down... and I said, "Shit.  That is really stupid of me to buy BTC on the way up when my overall BTC philosophy is to buy on the way up and to sell on the way down, and really at that moment I should have been planning to sell.... but only if the price goes up to meet my sell point... and I said to myself,

"shit!!! what if BTC prices go down from here, and then I am going to be screwed because I am not going to have very much fiat in my BTC fund to buy BTC (because I had just used 30% of those funds to bet on green, rather than saving it in case the outcome is red)..."    I reflected that my behavior had been fucking stupid.... for me to take chances with my BTC funds and to be under stress about it... and really, even though the odds had appeared to be 80/20 in favor of Green, there are a fuckload of BTC price manipulators who want us to bet rather than to have a plan (and then those manipulators force BTC prices in the opposite direction). 

I said to myself, "fuck, i cannot be gambling with my BTC fiat like that."   Thereafter, in the next couple of hours, BTC prices kept bouncing back and forth, and little by little I was able to sell back those BTC that I had bought the $425.25 territory. 

Also, even though a few hours later, BTC prices shot up to $430, I had been much relieved to get my BTC portfolio into the proper position of selling on the way up and buying on the way down.. in order that I would not be gambling with my btc allocated funds.... .

So, in essence I believe that many of us have an inclination towards gambling with our BTC allocated monies, even when we attempt to be very diligent, disciplined and cautious about following some kind of a pre-formulated strategy.

So, 20-30ish?

Captain's log, stardate 2016 - the Ethereum system has imploded into a black hole.  Supplies acquired, set course to explore the Bitcoin system.

i'm not rich yet.