Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21616.

julian071

hero member

Activity: 1132

Merit: 818

Quote from: shmadz on May 31, 2015, 05:00:24 PM

Quote from: julian071 on May 31, 2015, 04:00:51 PM

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

That's good news for all the hodlers. I've been dead wrong on almost all of my trades. Probably Greece will default on the 5th of june and a lot of Europeans will get out of € and into BTC skyrocketing BTC-euro value.

You are brave. I don't know when or if the price will start upward again, but from my experience in the past, it can happen very quickly. In my case it can take me several weeks to transfer any significant amount of fiat to the exchange to transfer back into bitcoin. I hope that either you have much faster method of transfer, or if you're just leaving your money on account at the exchange, that your exchange of choice is more trustworthy than most.

Best of luck.

Thank you.

As I am in Europe I use Kraken. SEPA-transfer is pretty quick. I chose not to keep the € on Kraken tho, as this thing might take some time to play out. A transfer from Kraken to my bank-account is only € 0.09 and free from my account to Kraken, so better to not take any risk with these kinds of amounts.

blacky90

full member

Activity: 384

Merit: 117

Looks like a beartrap...

luckygenough56

legendary

Activity: 1526

Merit: 1012

pro tip : tomorrow is a pump or a dump

inca

legendary

Activity: 1176

Merit: 1000

Shorts up 4k to 25800..

Keep it coming bears..

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: podyx on May 31, 2015, 05:19:51 PM

Quote from: julian071 on May 31, 2015, 04:00:51 PM

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

That's good news for all the hodlers. I've been dead wrong on almost all of my trades. Probably Greece will default on the 5th of june and a lot of Europeans will get out of € and into BTC skyrocketing BTC-euro value.

What this? I've been away for a while

~~http://qntra.net/2015/05/gavin-threatens-to-quit-bitcoin-development-and-join-hearns-fork/~~
Actually, better discussion is here: https://bitcointalksearch.org/topic/gavin-threatens-to-quit-bitcoin-development-and-join-hearns-fork-1074701

Also check out Gavin vs Peter Todd:
https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-217-the-bitcoin-block-size-discussion

I'm hoping the fear, uncertainty, and doubt will keep the price in check for the rest of the summer... below 250 CAD would be ideal.

"As low as possible for as long as possible."

dakota neat

hero member

Activity: 658

Merit: 500

6am in china, time to take a nice dump.

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: julian071 on May 31, 2015, 04:00:51 PM

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

That's good news for all the hodlers. I've been dead wrong on almost all of my trades. Probably Greece will default on the 5th of june and a lot of Europeans will get out of € and into BTC skyrocketing BTC-euro value.

What this? I've been away for a while

inca

legendary

Activity: 1176

Merit: 1000

Yawn.

mrkavasaki

hero member

Activity: 888

Merit: 500

Lol..dont fall for this obvious beartrap Roll Eyes

Cconvert2G36

sr. member

Activity: 392

Merit: 250

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: julian071 on May 31, 2015, 04:00:51 PM

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

That's good news for all the hodlers. I've been dead wrong on almost all of my trades. Probably Greece will default on the 5th of june and a lot of Europeans will get out of € and into BTC skyrocketing BTC-euro value.

You are brave. I don't know when or if the price will start upward again, but from my experience in the past, it can happen very quickly. In my case it can take me several weeks to transfer any significant amount of fiat to the exchange to transfer back into bitcoin. I hope that either you have much faster method of transfer, or if you're just leaving your money on account at the exchange, that your exchange of choice is more trustworthy than most.

Best of luck.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

GaliX

hero member

Activity: 504

Merit: 500

1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6

mhh there is just soo much pressure downwards for Bitcoin atm...

I am just waiting for an early adopter to cut the ropes and make this fall to 200$. And once we at 200$ everybody is going to panic and wanting to get out above 200$...

There are currently 26,470,000 $ swaps in margin positions on BFX waiting for the price to go up to make profit. That's 115,100 BTC at current price. On top they are paying something between ~~ 12-18% annually interest for their swaps. Once we get to a critical price somewhere bellow 200$ we will start to see big margin calls to ignite the free fall.

On the other Hand there are only 24,100 BTC in margin positions for short. So the chance of a short squeeze is not really there.

If this goes to hell.... We will be there fast. We had a long accumulation phase at the price range of 220-300$. The Next big move should be a major one. And with not having a single trustworthy exchange with good volume beside BFX and all the problems with OKCoin I see BTC currently very overvalued...

Be careful with your Position currently. I am not going to buy any longs for Bitcoin... Too dangerous in my opinion. The Daily chart also indicates the next move is down.

Don't be the bagholder panic selling in the end...

Afrikoin

legendary

Activity: 1540

Merit: 1003

alan watts is all you need

I have this gut feeling an event similar to these (below) will unfold. Upside trick to catch excited bulls. Bull trap?

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: luckygenough56 on May 31, 2015, 04:10:45 PM

Quote from: julian071 on May 31, 2015, 04:00:51 PM

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

That's good news for all the hodlers. I've been dead wrong on almost all of my trades. Probably Greece will default on the 5th of june and a lot of Europeans will get out of € and into BTC skyrocketing BTC-euro value.

i hear ya a fork at such high price/marketcap is a big deal, i don't see people let millions of dollars in something that can go all wrong.

That was a retarded statement from Gavin. That sort of linux-type mudslinging doesn't work well with a currency. If you've listened to statements from the fed and seen how people react to it you understand that brain farts move markets. It's just irresponsible.

luckygenough56

legendary

Activity: 1526

Merit: 1012

Quote from: julian071 on May 31, 2015, 04:00:51 PM

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

That's good news for all the hodlers. I've been dead wrong on almost all of my trades. Probably Greece will default on the 5th of june and a lot of Europeans will get out of € and into BTC skyrocketing BTC-euro value.

i hear ya a fork at such high price/marketcap is a big deal, i don't see people let millions of dollars in something that can go all wrong.

julian071

hero member

Activity: 1132

Merit: 818

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

That's good news for all the hodlers. I've been dead wrong on almost all of my trades. Probably Greece will default on the 5th of june and a lot of Europeans will get out of € and into BTC skyrocketing BTC-euro value.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ