Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23829.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: BlindMayorBitcorn on January 03, 2015, 08:43:15 PM

Quote from: shmadz on January 03, 2015, 08:33:20 PM

A little perspective from looking back at the crashes of the past.

At least this time we don't have one single point of failure like when gox halted trading in the crash from 266 to what? 70?

At least this time trades are getting filled and people are getting what they want. You want to sell? Sure! Plenty of liquidity at these prices. You want to buy? No problem! A veritable flood of sellers.

I wonder if these high volume events are just an indication of price discovery at work. We may need to get used to sub 300 because there seems to be plenty of liquidity on either side of this price.

285 to 275 sideways range for next couple weeks would suit me just fine.

I don't know how you people make money with crashing prices. I have to learn how to trade this year Undecided

Easy. Buy high, sell low. Piece of cake Grin

Stevenirving

sr. member

Activity: 296

Merit: 274

God.....
Are you there.....?
Its me God....
All I ask is for the Bitcoin to go to 400..........
I don't think that is too much to ask for.
Heck, I would be ok if it was just two bots manipulating the price.
I bought 80 BTC at 500$.
I refuse to sell until it hits 350-400$
So does that mean unintentionally I am going to be a permabull with bearish intentions.
Come on lucky dice.
I need you now

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: shmadz on January 03, 2015, 08:33:20 PM

A little perspective from looking back at the crashes of the past.

At least this time we don't have one single point of failure like when gox halted trading in the crash from 266 to what? 70?

At least this time trades are getting filled and people are getting what they want. You want to sell? Sure! Plenty of liquidity at these prices. You want to buy? No problem! A veritable flood of sellers.

I wonder if these high volume events are just an indication of price discovery at work. We may need to get used to sub 300 because there seems to be plenty of liquidity on either side of this price.

285 to 275 sideways range for next couple weeks would suit me just fine.

I don't know how you people make money with crashing prices. I have to learn how to trade this year Undecided

sherbyspark

hero member

Activity: 910

Merit: 1000

Quote from: macsga on January 03, 2015, 08:39:48 PM

Quote from: minerpumpkin on January 03, 2015, 08:37:57 PM

Well, if you're still in the game be thankful that you haven't been wiped out by some weird and risky leveraged games. There are people who lost their whole stash, I believe. I wonder how many of the regulars in this thread left the game for good.

Too many I can't even recall. Most of them on the way up to ATH though. Grin

I know a few people who after losing half their money due to the drop, lost the rest of their stash by Gambling.
That feels worse than this.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: minerpumpkin on January 03, 2015, 08:37:57 PM

Well, if you're still in the game be thankful that you haven't been wiped out by some weird and risky leveraged games. There are people who lost their whole stash, I believe. I wonder how many of the regulars in this thread left the game for good.

Too many I can't even recall. Most of them on the way up to ATH though. Grin

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Well, if you're still in the game be thankful that you haven't been wiped out by some weird and risky leveraged games. There are people who lost their whole stash, I believe. I wonder how many of the regulars in this thread left the game for good.

pjviitas

sr. member

Activity: 434

Merit: 250

Looks like it has leveled out for now but if you look at the 1w charts its obvious Bitcoin is going to continue its downward spiral below $272.

Bitcoin value has come back to roost folks...get used to it.

If your not all fiat right now you will miss the reset when it hits single digits before starting the next bubble.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

A little perspective from looking back at the crashes of the past.

At least this time we don't have one single point of failure like when gox halted trading in the crash from 266 to what? 70?

At least this time trades are getting filled and people are getting what they want. You want to sell? Sure! Plenty of liquidity at these prices. You want to buy? No problem! A veritable flood of sellers.

I wonder if these high volume events are just an indication of price discovery at work. We may need to get used to sub 300 because there seems to be plenty of liquidity on either side of this price.

285 to 275 sideways range for next couple weeks would suit me just fine.

Specular

full member

Activity: 180

Merit: 102