We are in bull market, golden cross has occured.
The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside, and is interpreted by analysts and traders as signaling a definitive upward turn in price in a market. Once the crossover occurs, the long-term moving average is considered a major support level for the market from that point forward. Cross may occur as a signal of a trend change, but it more frequently occur as a strong confirmation of a change in trend that has already taken place.
So 250 USD is main support.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21160. (Read 26713056 times)
July 31, 2015, 09:32:02 PM
July 31, 2015, 09:30:35 PM
I won't panic until $220. Then at around $210 I'll just start to freak out, but on the inside. 
July 31, 2015, 09:22:17 PM
Down we go...
July 31, 2015, 09:02:22 PM
July 31, 2015, 08:23:21 PM
Karpeles arrested..
Good.
He's criminally implicated.
Or criminally negligent on a real rosy day.
But hey, the $1000 days were fun amirite?
July 31, 2015, 08:23:07 PM
Karpeles arrested..
I was lucky enough not to lose any coins at mtgox. When I got started in 2013, there were already ample rumors about their solvency and future, luckily I heeded those warnings and stayed away. I hope everyone that lost coins there eventually gets credited (wasn't kraken going to do some sort of payout on mtgox claims)?
July 31, 2015, 08:20:09 PM
Karpeles arrested..
July 31, 2015, 08:18:55 PM
finex wall should raise the price
Is it real though or a fake one put up to trick people into buying? I don't trust the walls any more. I'm no trader (long term HODLER) but I've seen walls put up & quickly taken down on all the main exchanges. Whales be manipulating. We'll see I guess, it's pay (wages) weekend for most people in the UK so people who buy in monthly will be active this weekend. I've already bought 2 bitcoin today, 10 dollars cheaper than this time last week, thanks weak hands
You are right.
When an exchange offers leverage trading, its orderbook is not trustworthy.
Too easy to play whale with 10x leverage
July 31, 2015, 08:02:41 PM
July 31, 2015, 07:45:48 PM
I see my bitcoin net worth go up/down ~$3K for every $10 btc price swing. Doesn't faze me a bit, but the silly n00bs who are afraid to HODL a single btc and are just looking to make a few bucks to buy the latest cheap trinket (that they'll forget about in 6 months) would be freaking out. They are the true weak hands.
And I'm still buying when I can, without any fear.
To create real wealth, you must have a long term vision and balls of steel.
Oh please, spare us the bs. Your a bigger bag holder than Inca!!! What did you buy at? 500? 600?
Quote
Name: Torque
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
That's only around 100 btc - it's not so much.
I don't think a 10 dollar swing would put you +\- 3k with 100 btc.
x/3000 = 284/10
x = 284 x 3000 / 10
x = 85200 / 284 = 300 BTC
it shows also that we can expect lower price variation if we get higher prices.
if the price is 30 you need just a variation of 3 to have a volatility of 10 %. if the price is 300 you need a variation of 30. price is 3000 you need 300. and if the price is 30000 you need a variation of 3000 to have a volatiliy of 10 %.
the costs are much higher to have volatilty of 10 % if the price is 30000 as if the price is just 30.
so we can expect lower volatility if we get higher prices.
this is why trading altcoins is so dangerous because of the low prices. you don't need any margin to feel like in a rollercoster.
July 31, 2015, 07:03:05 PM
July 31, 2015, 06:46:54 PM
what for a Bitcoin address or several or stealth address?
They were creating new addresses per donor.
July 31, 2015, 06:44:10 PM
July 31, 2015, 06:40:58 PM
I see my bitcoin net worth go up/down ~$3K for every $10 btc price swing. Doesn't faze me a bit, but the silly n00bs who are afraid to HODL a single btc and are just looking to make a few bucks to buy the latest cheap trinket (that they'll forget about in 6 months) would be freaking out. They are the true weak hands.
And I'm still buying when I can, without any fear.
To create real wealth, you must have a long term vision and balls of steel.
Oh please, spare us the bs. Your a bigger bag holder than Inca!!! What did you buy at? 500? 600?
Quote
Name: Torque
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
That's only around 100 btc - it's not so much.
I don't think a 10 dollar swing would put you +\- 3k with 100 btc.
Yeah...my bad. It's ~300 btc.
July 31, 2015, 06:34:33 PM
I see my bitcoin net worth go up/down ~$3K for every $10 btc price swing. Doesn't faze me a bit, but the silly n00bs who are afraid to HODL a single btc and are just looking to make a few bucks to buy the latest cheap trinket (that they'll forget about in 6 months) would be freaking out. They are the true weak hands.
And I'm still buying when I can, without any fear.
To create real wealth, you must have a long term vision and balls of steel.
Oh please, spare us the bs. Your a bigger bag holder than Inca!!! What did you buy at? 500? 600?
Quote
Name: Torque
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
That's only around 100 btc - it's not so much.
I don't think a 10 dollar swing would put you +\- 3k with 100 btc.
x/3000 = 284/10
x = 284 x 3000 / 10
x = 85200 / 284 = 300 BTC
July 31, 2015, 06:28:49 PM
I see my bitcoin net worth go up/down ~$3K for every $10 btc price swing. Doesn't faze me a bit, but the silly n00bs who are afraid to HODL a single btc and are just looking to make a few bucks to buy the latest cheap trinket (that they'll forget about in 6 months) would be freaking out. They are the true weak hands.
And I'm still buying when I can, without any fear.
To create real wealth, you must have a long term vision and balls of steel.
Oh please, spare us the bs. Your a bigger bag holder than Inca!!! What did you buy at? 500? 600?
Quote
Name: Torque
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
That's only around 100 btc - it's not so much.
I don't think a 10 dollar swing would put you +\- 3k with 100 btc.
You would need 300 Bitcoins for that.
$10 x 300 = $3000
If he has 300 Bitcoins they must be worth approximately 300 x $285, which is $85500. That's quite a substantial sum to invest in Bitcoins at today's prices, and would be even higher at 2013 bubble prices! I wish I had that many Bitcoins.
July 31, 2015, 06:09:27 PM
I see my bitcoin net worth go up/down ~$3K for every $10 btc price swing. Doesn't faze me a bit, but the silly n00bs who are afraid to HODL a single btc and are just looking to make a few bucks to buy the latest cheap trinket (that they'll forget about in 6 months) would be freaking out. They are the true weak hands.
And I'm still buying when I can, without any fear.
To create real wealth, you must have a long term vision and balls of steel.
Oh please, spare us the bs. Your a bigger bag holder than Inca!!! What did you buy at? 500? 600?
Quote
Name: Torque
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
That's only around 100 btc - it's not so much.
I don't think a 10 dollar swing would put you +\- 3k with 100 btc.
July 31, 2015, 06:02:24 PM
July 31, 2015, 05:51:28 PM
I see my bitcoin net worth go up/down ~$3K for every $10 btc price swing. Doesn't faze me a bit, but the silly n00bs who are afraid to HODL a single btc and are just looking to make a few bucks to buy the latest cheap trinket (that they'll forget about in 6 months) would be freaking out. They are the true weak hands.
And I'm still buying when I can, without any fear.
To create real wealth, you must have a long term vision and balls of steel.
Oh please, spare us the bs. Your a bigger bag holder than Inca!!! What did you buy at? 500? 600?
Quote
Name: Torque
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
Posts: 1300
Activity: 560
Position: Hero Member
Date Registered: November 18, 2013, 06:18:37 PM
Last Active: Today at 07:44:00 PM
That's only around 100 btc - it's not so much.
July 31, 2015, 05:02:18 PM
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