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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22535. (Read 26607966 times)

legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
i think the price will stay 275-285 for few month...



That is an incredibly narrow range. When has bitcoin ever beem that stable for months?
legendary
Activity: 2464
Merit: 1145
when resistance becomes support  Cool
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Bought about 34 BTC yesterday, up 2% already.  Going to dump most it today, rest of it by tomorrow.  Stop loss at $280.



Good luck with that
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
i think the price will stay 275-285 for few month...



That's the only thing we know won't happen
legendary
Activity: 1159
Merit: 1001
Bought about 34 BTC yesterday, up 2% already.  Going to dump most it today, rest of it by tomorrow.  Stop loss at $280.

legendary
Activity: 1078
Merit: 1441
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Here is a great trade for those having fiat, but dare not invest more in bitcoin due to the downside risk.

1 Buy a bitcoin
2 Sell a 6 month forward, using the bitcoin as collateral.
3 Collect a USD20 no risk*) profit. That is a 7% in 6 months. Buy an extra ice cream now, care free.

The reason is that the forwards are 20 % higher than spot, indicating an expected rise, in aggregate, by the market.

You have the same phenomenon in oil, except storage of oil is costly, which means that a larger spread on the future/spot is necessary to make a profit.


*) except third party risk.

I don't personally go into this, I would rather just have the bitcoin, I don't mind the risk.

The only SERIOUS risk now, is not to hold bitcoin. Something stinks in the Eurozone (and not only there).
legendary
Activity: 1260
Merit: 1002
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1456
Merit: 1000
legendary
Activity: 1281
Merit: 1046
                                   
                                    i think the price will stay 275-285 for few month...


                                     



For a few months ? How much donkey dung did you smoke today ?
legendary
Activity: 1078
Merit: 1441
i think the price will stay 275-285 for few month...



I don't think so... too narrow a range imo, there will be more movement than a $10 range...  most likely in this quarter.

Maybe even sooner than you think...

Keep your eyes open.
hero member
Activity: 560
Merit: 500
few months? impossible  Grin
legendary
Activity: 1456
Merit: 1000
i think the price will stay 275-285 for few month...

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 378
Merit: 254
Good morning, gentlemen.  Still at it I see?

hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista

 Grin Grin Grin Grin

Well that's it. I've had enough of this wild speculation, gambling and blind belief in insider tips...

So I'm off to Cheltenham this afternoon for 3 days!!  Grin Grin Grin

(please don't go to the moon until i'm back....)
 
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