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
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22375. (Read 26609460 times)
March 19, 2015, 12:14:13 PM
Nice to see yourself and Mr. Monkey back again
March 19, 2015, 12:13:11 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.
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
Cya later newb
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
March 19, 2015, 12:10:55 PM
Monkey thinks price will be downish until Monday-Wednesday turn starts a steady upward move, but 250 will hold the bottom.
I ask again, has your monkey got this bitcoin thing down yet? I know he/she was a bit weak several months ago.
My Cargo Cult TA© says buy as of an hour ago. I already bought yesterday as I anticipated the change due to the quickness of the dump.
Remember so far this past week it was
buy at 282
sell at 290
buy an hour ago at 260 (I bought at 253)
March 19, 2015, 12:09:15 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.
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
March 19, 2015, 12:07:20 PM
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months?
Follow the trend and make money. Don't fight against it.
I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in!
Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below
Yesterday was black swan news driven. Technicals were overbought but you had no idea that would happen. Show off your profits though
The 'news' was just the grease for the wheels, its not like these guys were dumping thousands of coins and that's what bought it down. The market was ready for a drop, too much hopium and too many leveraged longs. Was saying for days before we were going down so actually yes did know it was going to happen. Would have at least thought longs would come down but nope we just keep piling them on. Bulls were out of steam and couldn't even break past $300. We're at ~1/5 of the ath and couldn't even break $300 that's a sad state of affairs particularly as were in a bull market now, right? You think I like $50 drops, even if my profits were that on my trading stash my fiat value still took a huge hit.
Sure i said it was overbought. Even i said the day before we would probably dip to the 250's. Clearly the drop was just whales dropping the hammer trying to encourage a cascading waterfall.
What is interesting is that bulls havent thrown in the towel. My guess is they never will and are using bitcoin as collateral for long positions - probably miners. In my mind this is the reason why even at the worst sell off I have ever witnessed down to 160 on finex the long interest failed to collapse.
Shorters are loading up again and will drive us back up into the next assault on 300..and the log downtrend line which lurches towards us with every day we sit in this range. Next price positive good news will propel us through IMO.
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).
March 19, 2015, 12:04:32 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.
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.
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.
These price fluctuations are a testament to bitcoin's volatility.
Smell ya later when the price is a bit more stable and reasonably priced.
March 19, 2015, 12:00:00 PM
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months?
Follow the trend and make money. Don't fight against it.
I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in!
Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below
Yesterday was black swan news driven. Technicals were overbought but you had no idea that would happen. Show off your profits though
The 'news' was just the grease for the wheels, its not like these guys were dumping thousands of coins and that's what bought it down. The market was ready for a drop, too much hopium and too many leveraged longs. Was saying for days before we were going down so actually yes did know it was going to happen. Would have at least thought longs would come down but nope we just keep piling them on. Bulls were out of steam and couldn't even break past $300. We're at ~1/5 of the ath and couldn't even break $300 that's a sad state of affairs particularly as were in a bull market now, right? You think I like $50 drops, even if my profits were that on my trading stash my fiat value still took a huge hit.
March 19, 2015, 11:59:00 AM
March 19, 2015, 11:54:27 AM
If it was an attempt at squeezing longs think it's safe to say that so far it's a failure (to my surprise as well was expecting more closed longs)
And that is gentleman.
March 19, 2015, 11:54:15 AM
Monkey thinks price will be downish until Monday-Wednesday turn starts a steady upward move, but 250 will hold the bottom.
I think that it might hit the 220-240 range but I did buy in 1 BTC around the 250 cause I thought it was a good enough price then. 
March 19, 2015, 11:51:19 AM
Maybe they're bitter they missed out on being early adopters.
I think the clincher is that they were screaming doom when it was a few dollars or less only to witness it blowing up around them. That's not going to be very good for the average soul.
Imagine being aware of BTC when it was 20 USD or less, being a member here & slating BTC saying it was shit & would go to 0, don't buy many/any coins & miss out on tens of thousands of dollars if not more.
Try 2 dollars in the names I quoted..
Owch.
I'm not going to lie.
I've built up a pretty good stash of coins in the 'nearly a year' that I've been accumulating.
I'm a HODLER, I've never sold anything but I am at least a 35% loss right now maybe more (on todays price).
It's pretty much all in cold storage, praying & hoping it's my lottery ticket one day
As long as you know the risk and can do without the money then relax and enjoy the
Yeah I'm totally ok riding it out.
Not known for my patience, would be nice to wake up one day and see 5000 dollar coins.
Maybe in 10 years.
March 19, 2015, 11:49:14 AM
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months?
Follow the trend and make money. Don't fight against it.
I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in!
Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below
Like I said, not everyone has the wisdom to see what kind of market we are in. Some of us, myself included, have tried trading and realize that we totally suck at it. I haven't lost anything thankfully, mostly because I actually listened to my husband and we sold some off when the price was higher. We then bought some back at a lower price and are now in the "green" but I feel like to trade would not be wise for me to do because I am just not very good at guessing which direction we are moving. If I believe the price is going to go up long-term, which I do, then holding long-term is less risky for someone like me. Hence why I am a long-term bull.
March 19, 2015, 11:46:40 AM
Maybe they're bitter they missed out on being early adopters.
I think the clincher is that they were screaming doom when it was a few dollars or less only to witness it blowing up around them. That's not going to be very good for the average soul.
Imagine being aware of BTC when it was 20 USD or less, being a member here & slating BTC saying it was shit & would go to 0, don't buy many/any coins & miss out on tens of thousands of dollars if not more.
Try 2 dollars in the names I quoted..
Owch.
I'm not going to lie.
I've built up a pretty good stash of coins in the 'nearly a year' that I've been accumulating.
I'm a HODLER, I've never sold anything but I am at least a 35% loss right now maybe more (on todays price).
It's pretty much all in cold storage, praying & hoping it's my lottery ticket one day
As long as you know the risk and can do without the money then relax and enjoy the
March 19, 2015, 11:45:12 AM
Imagine being aware of BTC when it was 20 USD or less, being a member here & slating BTC saying it was shit & would go to 0, don't buy many/any coins & miss out on tens of thousands of dollars if not more.
Yup. They'll always be with us wherever it goes from here. People still can't agree on gold even though it's been around for a few dozen centuries.
March 19, 2015, 11:44:46 AM
Maybe they're bitter they missed out on being early adopters.
I think the clincher is that they were screaming doom when it was a few dollars or less only to witness it blowing up around them. That's not going to be very good for the average soul.
Imagine being aware of BTC when it was 20 USD or less, being a member here & slating BTC saying it was shit & would go to 0, don't buy many/any coins & miss out on tens of thousands of dollars if not more.
Try 2 dollars in the names I quoted..
Owch.
I'm not going to lie.
I've built up a pretty good stash of coins in the 'nearly a year' that I've been accumulating.
I'm a HODLER, I've never sold anything but I am at least a 35% loss right now maybe more (on todays price).
It's pretty much all in cold storage, praying & hoping it's my lottery ticket one day
March 19, 2015, 11:44:17 AM
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months?
Follow the trend and make money. Don't fight against it.
I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in!
Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below
Yesterday was black swan news driven. Technicals were overbought but you had no idea that would happen. Show off your profits though
March 19, 2015, 11:41:28 AM
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months?
Follow the trend and make money. Don't fight against it.
I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in!
Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below
March 19, 2015, 11:41:17 AM
Maybe they're bitter they missed out on being early adopters.
I think the clincher is that they were screaming doom when it was a few dollars or less only to witness it blowing up around them. That's not going to be very good for the average soul.
Imagine being aware of BTC when it was 20 USD or less, being a member here & slating BTC saying it was shit & would go to 0, don't buy many/any coins & miss out on tens of thousands of dollars if not more.
Try 2 dollars in the names I quoted..
March 19, 2015, 11:39:37 AM
Maybe they're bitter they missed out on being early adopters.
I think the clincher is that they were screaming doom when it was a few dollars or less only to witness it blowing up around them. That's not going to be very good for the average soul.
Imagine being aware of BTC when it was 20 USD or less, being a member here & slating BTC saying it was shit & would go to 0, don't buy many/any coins & miss out on tens of thousands of dollars if not more.
Jump to: