Why torture yourself with following the market and trading if you're going to just use 2%? I only trade(d) to strike it rich and make significant increases in my btc, and I still hate it.
How did that work out for you?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19900. (Read 26608391 times)
December 11, 2015, 07:08:15 PM
December 11, 2015, 07:07:00 PM
I don't get what drives the price.
My guess is that BTC is the latest speculative financial vehicle in China.
One thing that is missing in the west is the financial worldview/partyline of the Chinese press. The traditional places that Chinese like to put money in like real estate, new business and the stock market are kind of meh at the moment.
December 11, 2015, 07:04:41 PM
So far we on the way to 500 ...moving in the right direction 
My advice, sell when we see 1000.00 again
It could be that again... remember when some analyst were saying 10,000 lol what ever happened to that kind of talk....
My advice, sell when we see 1000.00 again
It could be that again... remember when some analyst were saying 10,000 lol what ever happened to that kind of talk.... December 11, 2015, 07:03:24 PM
Why torture yourself with following the market and trading if you're going to just use 2%? I only trade(d) to strike it rich and make significant increases in my btc, and I still hate it.
How did that work out for you? December 11, 2015, 07:01:01 PM
I don't get what drives the price.
My guess is that BTC is the latest speculative financial vehicle in China.
One thing that is missing in the west is the financial worldview/partyline of the Chinese press. The traditional places that Chinese like to put money in like real estate, new business and the stock market are kind of meh at the moment.
December 11, 2015, 07:00:52 PM
December 11, 2015, 06:58:08 PM
Why torture yourself with following the market and trading if you're going to just use 2%? I only trade(d) to strike it rich and make significant increases in my btc, and I still hate it.
December 11, 2015, 06:56:18 PM
I think Huobi will smash through 3k soon, it just touched it.
December 11, 2015, 06:54:27 PM
i think i'm going to puke!
You shouldn't swing trade so much!
I only trade at most 2%of my btc for grins and chuckles...
I think that Adam likes to exaggerate a bit for lols... because I think that he is only trading a small portion of his holdings....
Anyhow, regarding trading quantity, I'm kinda in a similar boat that I only trade small portions of my holdings - however, there are various points that I sell a bit and that bit gets left behind. So for example, earlier today, I sold about 1BTC at $436, and soon thereafter, we left that trading range.
My tentative solution is just to forget about that 1 BTC, unless the price comes back down... and accordingly I put off selling anymore a bit more... for example, maybe I will try selling another 1 BTC in the $490 price range - even though I remain a bit hesitant - and I may wait until $520.. just to make up for the fact that I sold one of my BTC too early. I have done this several times already, and it is a kind of self punishment for selling any BTC too early.
December 11, 2015, 06:51:14 PM
I don't get what drives the price.
Short term prices are driven by speculation and traders.Mid term prices are driven by the rise and fall of exchanges and fresh fiat injections.
Long term prices are driven by adoption
Nice one.
I'd probably say sufficiently strong momentum means speculative influence crosses from short to mid term, but that's splitting hairs maybe.
December 11, 2015, 06:51:06 PM
December 11, 2015, 06:49:20 PM
Long term prices are driven by adoption
that's the most significant one
that's the most significant one
December 11, 2015, 06:48:45 PM
I don't get what drives the price.
That's always a bit of a mystery.... and likewise what drives the price down. Its as clear as muddy water lolEdit: of course as in anything demand sets the price, but what drives that demand like, as in now?
December 11, 2015, 06:48:16 PM
We are up 8.6% in the last 24 hours. I'm opening a short position. This thing is gonna dip. I will buy back in at 435, or maybe 420.
or you'll close your short at 475 and buy back in 485.
December 11, 2015, 06:46:51 PM
I don't get what drives the price.
... free energy mostly and maybe a little negative entropy gradient from the increased information flux due to Bitcoin.
December 11, 2015, 06:46:32 PM
I don't get what drives the price.
Short term prices are driven by speculation and traders.Mid term prices are driven by the rise and fall of exchanges and fresh fiat injections.
Long term prices are driven by adoption
December 11, 2015, 06:42:27 PM
Huobi moving fast 2992 already
I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
Everyone's a financial god in retrospect. If I'd had the spare money I would've bought more in the 200s but my limit was reached. This is a fine way to round off what's been a pretty indifferent year for the value overall. Let's hope both newcomers and those who hung in there have a juicy 2016.
December 11, 2015, 06:41:32 PM
I don't get what drives the price.
That's always a bit of a mystery.... and likewise what drives the price down. Its as clear as muddy water lolEdit: of course as in anything demand sets the price, but what drives that demand like, as in now?
December 11, 2015, 06:40:45 PM
December 11, 2015, 06:39:13 PM
Huobi moving fast 2992 already
I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
Yep, and even a few coins is better than no coins right now I wish I had bought a lot more this summer oh well, this is a lot of fun to watch even if I only have a few coins. Beats the shit out of watching tv.
Jump to: