Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22932.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: elasticband on February 13, 2015, 05:58:41 AM

Quote from: superresistant on February 13, 2015, 05:36:27 AM

Quote from: elasticband on February 13, 2015, 05:33:19 AM

congrats to the local who bought 5000euro worth of btc from me yesterday...... whenever i do local trades we always go past the point i sold at.

You must be mad.

Not mad but i don't turn down the opportunity to meet someone new and help them with their first ever bitcoin transaction. I did make a nice % fee and i did buy 1350euro of those BTC previously that day for a very healthy % bellow market price from someone else, so not all that bad.

If only someone would contact me right now wanting to sell me 3650e worth of btc at a healthy % bellow market price........

Yeez, this sounds a lot like money laundering.

GreekGeek

hero member

Activity: 577

Merit: 500

Jesus was a (Goddamn) hippy socialist

Quote from: elasticband on February 13, 2015, 06:15:10 AM

Quote from: GreekGeek on February 13, 2015, 06:04:03 AM

Quote from: elasticband on February 13, 2015, 05:58:59 AM

Quote from: GreekGeek on February 13, 2015, 05:58:33 AM

unofficial poll:

I have 100k USD laying around

should I buy?

screenshot or it didn't happen Cool

sure but how I upload a photo from my PC

imgur

billyjoeallen

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Activity: 1106

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Hide your women

Quote from: dannyspk on February 13, 2015, 06:17:38 AM

Quote from: billyjoeallen on February 13, 2015, 06:06:04 AM

Quote from: dannyspk on February 13, 2015, 05:43:24 AM

Quote from: billyjoeallen on February 13, 2015, 04:29:23 AM

Quote from: KryptoFoo on February 13, 2015, 04:27:02 AM

short squeeze to 255 then consolidate.

edit: please, thank you.

bullshit. If we're going to $255 then we're going to $350, but I think we might be going down first. Time will tell.

Fake breakout?

It's a real breakout, but we don't know yet if it has legs. Just like that little bump to $$248 on Feb 3rd, there's money to be made trading these little swings, but I don't have the balls to do it for fear I'll miss out on the short squeeze to $350 that's coming. The CB pump and dump to $315 was a no-brainer. I trade the no-brainers and leave the smaller swings to people smarter/luckier/more ballsy than me.

As I said weeks ago, I buy a little every day until the short squeeze or for three months, whichever happens first. Gotmilk was right. MACD is a trailing indicator. It is not useless but its utility is limited. There is no crystal ball. The closest thing we have is the Four Punch Pattern, market momentum and the order book.

Oh, there's definitely money to be made if you don't let your emotions guide you. Everyone was expecting a move outside the triangle so here it is. This mini rally could have been orchestrated before the actual breakout. Yet there are no shorts available at a decent rate.

That's strange considering that there are only ~ 20,000 BTC swaps on BFX. Paradoxically, the high interest paid for swaps might drive the price higher. Lenders make much less than successful traders, but it's less risky. I'm paying a reasonable rate for my margin long, which is nice because it may take some time to pay off. I guess the fiat lenders are more bearish than the BTC lenders. That's a new development.

dannyspk

sr. member

Activity: 341

Merit: 250

Quote from: billyjoeallen on February 13, 2015, 06:06:04 AM

Quote from: dannyspk on February 13, 2015, 05:43:24 AM

Quote from: billyjoeallen on February 13, 2015, 04:29:23 AM

Quote from: KryptoFoo on February 13, 2015, 04:27:02 AM

short squeeze to 255 then consolidate.

edit: please, thank you.

bullshit. If we're going to $255 then we're going to $350, but I think we might be going down first. Time will tell.

Fake breakout?

It's a real breakout, but we don't know yet if it has legs. Just like that little bump to $$248 on Feb 3rd, there's money to be made trading these little swings, but I don't have the balls to do it for fear I'll miss out on the short squeeze to $350 that's coming. The CB pump and dump to $315 was a no-brainer. I trade the no-brainers and leave the smaller swings to people smarter/luckier/more ballsy than me.

As I said weeks ago, I buy a little every day until the short squeeze or for three months, whichever happens first. Gotmilk was right. MACD is a trailing indicator. It is not useless but its utility is limited. There is no crystal ball. The closest thing we have is the Four Punch Pattern, market momentum and the order book.

Oh, there's definitely money to be made if you don't let your emotions guide you. Everyone was expecting a move outside the triangle so here it is. This mini rally could have been orchestrated before the actual breakout. Yet there are no shorts available at a decent rate.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: dannyspk on February 13, 2015, 06:07:43 AM

Strange hunch that this is going back in the 220s. Got out at $235.

Thanks for your coins, Brother Wink

I feel better knowing that you'll be there providing support for the floor should it be needed.

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

Quote from: GreekGeek on February 13, 2015, 06:04:03 AM

Quote from: elasticband on February 13, 2015, 05:58:59 AM

Quote from: GreekGeek on February 13, 2015, 05:58:33 AM

unofficial poll:

I have 100k USD laying around

should I buy?

screenshot or it didn't happen Cool

sure but how I upload a photo from my PC

imgur

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: GreekGeek on February 13, 2015, 05:58:33 AM

unofficial poll:

I have 100k USD laying around

should I buy?

I have about 9 grand laying around also and I'm asking myself the same question. I bought a little and I'll buy a little more tomorrow regardless if price goes up or down. Save the panic buys for after big dumps, even if you end up buying at a higher price than now. We are liquidity providers, either of fiat or coins. Our trading partners are not enemies. Greed will not make you money. Patience will.

dannyspk

sr. member

Activity: 341

Merit: 250

Strange hunch that this is going back in the 220s. Got out at $235.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: dannyspk on February 13, 2015, 05:43:24 AM

Quote from: billyjoeallen on February 13, 2015, 04:29:23 AM

Quote from: KryptoFoo on February 13, 2015, 04:27:02 AM

short squeeze to 255 then consolidate.

edit: please, thank you.

bullshit. If we're going to $255 then we're going to $350, but I think we might be going down first. Time will tell.

Fake breakout?

It's a real breakout, but we don't know yet if it has legs. Just like that little bump to $$248 on Feb 3rd, there's money to be made trading these little swings, but I don't have the balls to do it for fear I'll miss out on the short squeeze to $350 that's coming. The CB pump and dump to $315 was a no-brainer. I trade the no-brainers and leave the smaller swings to people smarter/luckier/more ballsy than me.

As I said weeks ago, I buy a little every day until the short squeeze or for three months, whichever happens first. Gotmilk was right. MACD is a trailing indicator. It is not useless but its utility is limited. There is no crystal ball. The closest thing we have is the Four Punch Pattern, market momentum and the order book.

GreekGeek

hero member

Activity: 577

Merit: 500

Jesus was a (Goddamn) hippy socialist

Quote from: elasticband on February 13, 2015, 05:58:59 AM

Quote from: GreekGeek on February 13, 2015, 05:58:33 AM

unofficial poll:

I have 100k USD laying around

should I buy?

screenshot or it didn't happen Cool

sure but how I upload a photo from my PC

madmat

legendary

Activity: 966

Merit: 1000

Quote from: GreekGeek on February 13, 2015, 05:58:33 AM

unofficial poll:

I have 100k USD laying around

should I buy?

Buy now and sell when rumor about google square and bitcoin become a news.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

Quote from: GreekGeek on February 13, 2015, 05:58:33 AM

unofficial poll:

I have 100k USD laying around

should I buy?

screenshot or it didn't happen Cool

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

Quote from: superresistant on February 13, 2015, 05:36:27 AM

Quote from: elasticband on February 13, 2015, 05:33:19 AM

congrats to the local who bought 5000euro worth of btc from me yesterday...... whenever i do local trades we always go past the point i sold at.

You must be mad.

Not mad but i don't turn down the opportunity to meet someone new and help them with their first ever bitcoin transaction. I did make a nice % fee and i did buy 1350euro of those BTC previously that day for a very healthy % bellow market price from someone else, so not all that bad.

If only someone would contact me right now wanting to sell me 3650e worth of btc at a healthy % bellow market price........

GreekGeek

hero member

Activity: 577

Merit: 500

Jesus was a (Goddamn) hippy socialist