Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20233. (Read 26623562 times)
November 11, 2015, 05:01:14 AM
November 11, 2015, 04:46:42 AM
The BTC market is unpredictable in the short term, but longer term the obvious patterns form. If you are a long term bull, then trade on the long term patterns. Buy/accumulate when the market is bottomed and no one cares, sell near top of rallies. Then be patient to get back in, because a rally bubble can take a while to unwind. A LONG while. There may even be several mini bull runs/short squeezes along the way, but ultimately the price ends up bottoming out way lower and all volume/volatility dies.
How about this as a strategy for a lazy trader (like me)? It's the cross-overs of K and J of the KDJ indicator.
Hasn't crossed over quite yet
I think we can settle on the crossing, right?
Its a lagging indicator, by the time you notice the cross, price will of already moved.
November 11, 2015, 04:17:25 AM
The BTC market is unpredictable in the short term, but longer term the obvious patterns form. If you are a long term bull, then trade on the long term patterns. Buy/accumulate when the market is bottomed and no one cares, sell near top of rallies. Then be patient to get back in, because a rally bubble can take a while to unwind. A LONG while. There may even be several mini bull runs/short squeezes along the way, but ultimately the price ends up bottoming out way lower and all volume/volatility dies.
How about this as a strategy for a lazy trader (like me)? It's the cross-overs of K and J of the KDJ indicator.
Hasn't crossed over quite yet
I think we can settle on the crossing, right?
November 11, 2015, 04:01:14 AM
November 11, 2015, 04:00:17 AM
Show is over for now. We'll go back to ~$300 and building a plateau there; Price will oscillate between $300 and $400 while slowly creeping up to around $450 until jan/feb. From there, we will start the rise far beyond the ATH.
wise statement i think
November 11, 2015, 03:52:31 AM
Told you so.
PSA: I call anything below $320 a must buy.
Will you buy the dip?
first "real" correction is on the way.
Show is over for now. We'll go back to ~$300 and building a plateau there; Price will oscillate between $300 and $400 while slowly creeping up to around $450 until jan/feb. From there, we will start the rise far beyond the ATH.
PSA: I call anything below $320 a must buy.
Will you buy the dip?
November 11, 2015, 03:30:52 AM
What gets me is just how brazen and rude it is
Rational people just roll their eyes when Bitcoin goes up and they're alway right
Not really. It's pretty simple; as soon as the demand becomes greater than the supply we're going up. This is just natural and I'm eager to see what is going to happen near and after the halving. Didn't the price always fluctuate (mostly towards down) after the Bitcoin auctions? Both sides are pretty weak depending on where you look. It could go either way anytime (although staying at $300 would be good). Rational people just roll their eyes when Bitcoin goes up and they're alway right
Don't get me wrong: I do not want to compare BTC to LTC but as far as I remember the LTC halving didn't have much impact on LTC prices.
I'm not saying that it will be the same thing with BTC but it seems to me there are other things, much more powerful, that can shake the BTC trading for the good or the bad. So far what I've seen always happening is that when chinese buy, volume and price tend to the sky
Actually i think it trippled in value..then stopped on double value
Look at the chart from August 25th onwards: nothing really happened. Only a very tiny increase in volume nothing else
November 11, 2015, 03:30:16 AM
guys it's not the end of the world, price did lose only 200 dollars
November 11, 2015, 03:28:45 AM
Good morning from Europe! We are still going down? Any news?
November 11, 2015, 03:21:00 AM
this thread is still hilarious thanks guys 
what happened to btc-e they finally aligned their price with other echanges, never thought i'd see the day
what happened to btc-e they finally aligned their price with other echanges, never thought i'd see the day
November 11, 2015, 03:13:05 AM
Don't get me wrong: I do not want to compare BTC to LTC but as far as I remember the LTC halving didn't have much impact on LTC prices.
I'm not saying that it will be the same thing with BTC but it seems to me there are other things, much more powerful, that can shake the BTC trading for the good or the bad. So far what I've seen always happening is that when chinese buy, volume and price tend to the sky
I don't think that it can be compared to Litecoin because of the massive size of the Bitcoin ecosystem which is not present with LTC. Actually it doesn't even come close. You do have a point, that other factors tend to be very deciding for the price. Although in order to make a guess, you'd have to look back at 2012. What kind of ecosystem did Bitcoin have then; what effect did the halving have? Something has to happen, else we lose some security as miners drop out. I'm not saying that it will be the same thing with BTC but it seems to me there are other things, much more powerful, that can shake the BTC trading for the good or the bad. So far what I've seen always happening is that when chinese buy, volume and price tend to the sky
November 11, 2015, 03:12:00 AM
What gets me is just how brazen and rude it is
Rational people just roll their eyes when Bitcoin goes up and they're alway right
Not really. It's pretty simple; as soon as the demand becomes greater than the supply we're going up. This is just natural and I'm eager to see what is going to happen near and after the halving. Didn't the price always fluctuate (mostly towards down) after the Bitcoin auctions? Both sides are pretty weak depending on where you look. It could go either way anytime (although staying at $300 would be good). Rational people just roll their eyes when Bitcoin goes up and they're alway right
Don't get me wrong: I do not want to compare BTC to LTC but as far as I remember the LTC halving didn't have much impact on LTC prices.
I'm not saying that it will be the same thing with BTC but it seems to me there are other things, much more powerful, that can shake the BTC trading for the good or the bad. So far what I've seen always happening is that when chinese buy, volume and price tend to the sky
Actually i think it trippled in value..then stopped on double value
November 11, 2015, 03:09:34 AM
What gets me is just how brazen and rude it is
Rational people just roll their eyes when Bitcoin goes up and they're alway right
Not really. It's pretty simple; as soon as the demand becomes greater than the supply we're going up. This is just natural and I'm eager to see what is going to happen near and after the halving. Didn't the price always fluctuate (mostly towards down) after the Bitcoin auctions? Both sides are pretty weak depending on where you look. It could go either way anytime (although staying at $300 would be good). Rational people just roll their eyes when Bitcoin goes up and they're alway right
Don't get me wrong: I do not want to compare BTC to LTC but as far as I remember the LTC halving didn't have much impact on LTC prices.
I'm not saying that it will be the same thing with BTC but it seems to me there are other things, much more powerful, that can shake the BTC trading for the good or the bad. So far what I've seen always happening is that when chinese buy, volume and price tend to the sky
November 11, 2015, 03:07:39 AM
The rise was too sharp and too fast, that's true...but i still thought we will survive the 350 support...
November 11, 2015, 03:02:44 AM
What gets me is just how brazen and rude it is
Rational people just roll their eyes when Bitcoin goes up and they're alway right
Not really. It's pretty simple; as soon as the demand becomes greater than the supply we're going up. This is just natural and I'm eager to see what is going to happen near and after the halving. Didn't the price always fluctuate (mostly towards down) after the Bitcoin auctions? Both sides are pretty weak depending on where you look. It could go either way anytime (although staying at $300 would be good). Rational people just roll their eyes when Bitcoin goes up and they're alway right
The rise was too sharp and too fast, that's true...but i still thought we will survive the 350 support...
What support? There was none at Bitstamp. November 11, 2015, 03:01:12 AM
November 11, 2015, 02:54:40 AM
just look at the charts. this will create such big time confidence for all those btc investors to come. now it looks as if the "bubbles" get smaller and smaller. 
the following months will be more of 2015 style. let´s wait for the halving of 2016.
how am i gonna tell this to my wife, for fuck sake? no skiing in switzerland this winter i guess.
the following months will be more of 2015 style. let´s wait for the halving of 2016.
how am i gonna tell this to my wife, for fuck sake? no skiing in switzerland this winter i guess.
What gets me is just how brazen and rude it is
Rational people just roll their eyes when Bitcoin goes up and they're alway right
The people who get fooled and fucked over are the ones Bitcoin needs to actually go somewhere
This won't keep working but early adopters have a payday once again off the back of noobs
Swings in the bitcoin price are exacerbated by fear and greed.
One can be a part of the solution rather than the problem by buying some when the price looks like crap and everyone is panicking or depressed... and by selling some when everyone is feeling euphoric and you're checking the fiat value of your stash multiple times a day.
Easier said than done tho...
November 11, 2015, 02:52:19 AM
You know you've been in bitcoin too long when you can laugh as you lose 6 figures... HODL to the end.
November 11, 2015, 02:47:34 AM
how am i gonna tell this to my wife, for fuck sake? no skiing in switzerland this winter i guess.
Say that you have a gambling problem and you might need help. If she loves you, then she'll understand.
since my gambling problem started in the summer of 2013, i am sure she will...
November 11, 2015, 02:45:19 AM
I don't understand why everybody is panicking. Right now BTC is on solid support. If it breaks this level, then I would worry.
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