Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22374.

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: BitChick on March 19, 2015, 12:52:52 PM

For those of us that have been through a couple Bitcoin bubbles, we know how crazy fast the price can rise when it finally decides to do so. I believe it is more painful to miss out on that than just riding out these crashes, or equally so.

But price is not some magical thing that does whatever it wants.
Past bubble happened because people wired millions and millions on exchanges and you were clearly able to see it, among other things.
If price is about to go in a bubble you will be able to tell.

This time around it looks like nobody gives a flying fuck tho. At least for now.

$14-15M in bids currently on bistamp, bitfinex, btc-e, okcoin, huobi, btcchina, okcoin and coinbase ("$75M from NSYE!!!11!") combined, and still relentlessly going down.
3600 coins mined a day (almost $1M a day at current prices) and still 2 years of that shit.
Marketcap at $3.5-4 billion.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: adamstgBit on March 19, 2015, 01:37:48 PM

relax bears 270 is coming before 32,000

Oh that felt good for my sore eyes after a rain of red dildos yesterday... Shocked

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

relax bears 270 is coming before 32,000

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: Wandererfromthenorth on March 18, 2015, 04:09:40 PM

"Bounce or die" time

Morecoin Freeman

hero member

Activity: 854

Merit: 503

Legendary trader

Yea, down again...

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: tarmi on March 19, 2015, 12:15:12 PM

the bull brigate is out of the woods.
give us another good opportunity for shorting, please.

I hoped they'll provide us bears with a short entry at 270$, but that may have been optimistic.

coinableS

legendary

Activity: 1442

Merit: 1186

I'm pretty sure yesterday was the last time we'll see sub $250 coins. Tongue

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: okthen on March 19, 2015, 12:37:05 PM

Well, I voted 290 by Monday.
Really doubt we'll cross the 300 line (it's taking long and should still take a while), but I definitely think we'll rebound.

i voted less than 270... get ready for more dumpage.. really sorry guys i couldn't HODL my fiat to keep bitcoin from dumping again but do not worry i will be back in buy market in a few weeks! if it keeps dropping i will be forced to buy what i can so don't worry everyone .

N12

donator

Activity: 1610

Merit: 1010

Quote from: BitChick on March 19, 2015, 12:52:52 PM

For those of us that have been through a couple Bitcoin bubbles, we know how crazy fast the price can rise when it finally decides to do so. I believe it is more painful to miss out on that than just riding out these crashes, or equally so.

Psychological studies have actually shown that emotionally, financial losses are twice as strong as gains: https://en.wikipedia.org/wiki/Loss_aversion

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: dreamspark on March 19, 2015, 12:41:56 PM

Quote from: Andre# on March 19, 2015, 12:34:08 PM

Quote from: TankHankerous on March 19, 2015, 12:09:15 PM

Quote from: dreamspark on March 19, 2015, 12:04:32 PM

Quote from: TankHankerous on March 19, 2015, 12:02:46 PM

I'm out.

These price fluctuations are a testament to bitcoin's volatility.

Smell ya later when the price is a bit more stable and reasonably priced.

See you in the thousands then, thats the only time there will be enough liquidity for stable prices.

silly bitch

Why silly? (Because she's right.)
Don't know about the bitch part, though. Grin

I must have missed the part where I changed into a female lol.

If the comment had been made to me it would have worked. Wink

But that said, volatility is part of the "fun" in this early phase of BTC. When BTC becomes less volatile the price will be so much higher that there will no longer be the ability to achieve as much gains as those that invest now will have.

I have said it before, and I will say it again, people often think about the risks of buying BTC, but what people often seem to overlook is the risk of NOT buying right now. Lost opportunities are a risk too. I could have purchased some coins at $1 when my husband first mentioned BTC to me. At that point we were concerned about the legality of it all so we did not invest for that reason but we still lost out on some amazing gains which is unfortunate. We still got in at a good price in early 2013, but only invested a small amount we were willing to lose 100% of because we were not sure of where BTC was really going. But I am glad we took that risk early on.

For those of us that have been through a couple Bitcoin bubbles, we know how crazy fast the price can rise when it finally decides to do so. I believe it is more painful to miss out on that than just riding out these crashes, or equally so.

TankHankerous

jr. member

Activity: 55

Merit: 1

lol can't catch a break!

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: Andre# on March 19, 2015, 12:34:08 PM

Quote from: TankHankerous on March 19, 2015, 12:09:15 PM

Quote from: dreamspark on March 19, 2015, 12:04:32 PM

Quote from: TankHankerous on March 19, 2015, 12:02:46 PM

I'm out.

These price fluctuations are a testament to bitcoin's volatility.

Smell ya later when the price is a bit more stable and reasonably priced.

See you in the thousands then, thats the only time there will be enough liquidity for stable prices.

silly bitch

Why silly? (Because she's right.)
Don't know about the bitch part, though. Grin

I must have missed the part where I changed into a female lol.

okthen

hero member

Activity: 490

Merit: 500

Well, I voted 290 by Monday.
Really doubt we'll cross the 300 line (it's taking long and should still take a while), but I definitely think we'll rebound.

Andre#

hero member

Activity: 737

Merit: 500

Quote from: TankHankerous on March 19, 2015, 12:09:15 PM

Quote from: dreamspark on March 19, 2015, 12:04:32 PM

Quote from: TankHankerous on March 19, 2015, 12:02:46 PM

I'm out.

These price fluctuations are a testament to bitcoin's volatility.

Smell ya later when the price is a bit more stable and reasonably priced.

See you in the thousands then, thats the only time there will be enough liquidity for stable prices.

silly bitch

Why silly? (Because she's right.)
Don't know about the bitch part, though. Grin

Andre#

hero member

Activity: 737

Merit: 500

Quote from: xingming on March 19, 2015, 11:14:41 AM

Quote from: Jybrael on March 19, 2015, 07:44:35 AM

I am expecting the price of Bitcoin to rise up to atleast 300 or over by monday but then again that is my speculation...what do you guys think?

300 this week seem " hard " , i think it can rise 260 by this week-end and then we may see a dump
or pump Embarrassed

l you are from sellers right ?? you like that bitcoin price go to the top Cheesy

!

Weekend arrived in one hour already: $265. Grin

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Cassius on March 19, 2015, 12:14:48 PM

Quote from: inca on March 19, 2015, 12:07:20 PM

Until we break the log downtrend line we wont get a lot of technical traders jumping on board - that is when i consider us in a bull market (bitcoin style).

Where is that right now?

336 by my reckoning. It arcs down to our current price in June 2015, and 200 by October 2015.

tarmi

legendary

Activity: 1232

Merit: 1011

the bull brigate is out of the woods.

give us another good opportunity for shorting, please.

Cassius

legendary

Activity: 1764

Merit: 1031

Quote from: inca on March 19, 2015, 12:07:20 PM

Until we break the log downtrend line we wont get a lot of technical traders jumping on board - that is when i consider us in a bull market (bitcoin style).

Where is that right now?

inca

legendary

Activity: 1176

Merit: 1000

Quote from: soullyG on March 19, 2015, 12:14:13 PM

Quote from: aminorex on March 19, 2015, 11:34:54 AM

Monkey thinks price will be downish until Monday-Wednesday turn starts a steady upward move, but 250 will hold the bottom.

Nice to see yourself and Mr. Monkey back again

I concur!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22374. (Read 26609464 times)