Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24076. (Read 26609734 times)
December 09, 2014, 04:27:12 PM
Monkey is making me very happy now. I forgive him for calling an oil reversion prematurely.
December 09, 2014, 04:25:05 PM
So, when you see the changes in Greece in the last years you see two things at the same time: the 'washington treatment' and the 'austerity package'.
Re Greece, recommended:
http://m.foreignaffairs.com/articles/142196/pavlos-eleftheriadis/misrule-of-the-few
Explains so much, including why we will all be in the Greek situation soon.
December 09, 2014, 04:20:55 PM
December 09, 2014, 04:10:38 PM
So, the sellers couldn't break the most recent low on 11/20. If this holds it's yet another higher low. That would be bullish.
December 09, 2014, 04:03:20 PM
Looking at the 3d moving averages we are really close to a crossover. MA is touching and EMA is close 
Can´t wait for it to pass so we officially enter the reign of bulls
Can´t wait for it to pass so we officially enter the reign of bulls
December 09, 2014, 04:01:29 PM
1w chart on stamp looks eerily similar to May 2012. If we follow a similar pattern we will be looking at a 12-24 months of big price increases well above $10k and even as high as $100k.
Exactly. I wrote this some days ago: https://bitcointalksearch.org/topic/sentiment-feels-much-alike-2012-spring-to-summer-880752
December 09, 2014, 04:00:48 PM
December 09, 2014, 04:00:03 PM
1w chart on stamp looks eerily similar to May 2012. If we follow a similar pattern we will be looking at a 12-24 months of big price increases well above $10k and even as high as $100k.
Pantera Capital believes we re-entered a bull market as of October this year...
December 09, 2014, 03:56:12 PM
Dude, seriously. Podyx just criticized my assessment on the market earlier when I was roughly 60 cents off. You, by contrast, were thousands of dollars off. That's worthy of repeat shaming. I mean, geez, if 60 cents gets a comment... thousands of dollars... sorry, but really?
Yea, we didn't quite reach $360(okcoin did reach $358 though and stamp $357)
December 09, 2014, 03:53:19 PM
atypical bottom forming?
back over 400 soon?
to the moon?
up, Up, or UP! ...I need answers poeple....
back over 400 soon?
to the moon?
up, Up, or UP! ...I need answers poeple....
If... and only if... this drop was based on the fake Chinese news, then I don't see reason for further drop.
Never say never.
December 09, 2014, 03:40:41 PM
There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?
Hopefully most sensible adult posters do.
I recall a poll here in the Speculation sub-forum about what percentage of people's net worth was in Bitcoin. Only a few were all or mostly in Bitcoin, I seem to recall.
I've got more in antique musical instruments alone than in Bitcoin but I expect my bitcoins to be worth a lot more eventually. The one asset I'm thin in is fiat currency in the bank but most of my revenues are in fiat so that's not an issue.
I'm basically all in bitcoin. I bought a long time ago and it became worth more than anything else I've ever owned. I bought it because I believe it will succeed to the extent of not being a loss of money, and also because I approve of it. I think it is an emancipatory technology for the 99.9% The middle men who knowingly ruined economies from the 80s to the naughties can be made less relevant.
Most worthy tech of my generation yet.
December 09, 2014, 03:40:25 PM
1w chart on stamp looks eerily similar to May 2012. If we follow a similar pattern we will be looking at a 12-24 months of big price increases well above $10k and even as high as $100k.
December 09, 2014, 03:38:20 PM
atypical bottom forming?
back over 400 soon?
to the moon?
up, Up, or UP! ...I need answers poeple....
back over 400 soon?
to the moon?
up, Up, or UP! ...I need answers poeple....
Not enough buying pressure yet. Could be a slow crawl like in Dec 2012.
December 09, 2014, 03:35:08 PM
atypical bottom forming?
back over 400 soon?
to the moon?
up, Up, or UP! ...I need answers poeple....
back over 400 soon?
to the moon?
up, Up, or UP! ...I need answers poeple....
December 09, 2014, 03:33:11 PM
Last shakeout before a nice breakout??
I have a feeling we could be trading in this range for a while though..
I have a feeling we could be trading in this range for a while though..
December 09, 2014, 03:26:19 PM
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.
To his credit, I recall him saying, a couple of months ago, that he went into bitcoin to make money, not to "chase unicorns"; and would be pulling out if the price did not recover soon.
I even think that he mentioned selling his Malla manor, but I am not sure.
Not true. He holds his position and only diversifies with XMR which (IMHO) is better to hold some than none in the future. But who am I to tell you people what's wrong and what's right... just another random guy on the internet.
December 09, 2014, 03:22:53 PM
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.
To his credit, I recall him saying, a couple of months ago, that he went into bitcoin to make money, not to "chase unicorns"; and would be pulling out if the price did not recover soon.
I even think that he mentioned selling his Malla manor, but I am not sure.
December 09, 2014, 03:16:07 PM
Hey billy well played sticking to your guns.
Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.
For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.
December 09, 2014, 03:14:39 PM
Looks like you're right bro. MUST A SELL ALL MA BITCOINZ AND PUT MA MONAY IN THA BANK!
you need to get on it because the 'bail-ins' could happen at any moment and you don't want to miss that investment opportunity right ??
December 09, 2014, 03:06:27 PM
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.
What's important to understand is that it is way worse to make a bad move than to make no move. The easiest way to do this is realize that there are actually hundreds of opportunities you aren't taking every day, where you are missing out on so much money. It's only that you have a limited scope of attention so you will be only psychologically exposed to some.
"There is the plain fool, who does the wrong thing at all times everywhere, but there is also the Wall Street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily– or sufficient knowledge to make his play an intelligent play." - Reminiscences of a Stock Operater, a great book.
What's important to understand is that it is way worse to make a bad move than to make no move. The easiest way to do this is realize that there are actually hundreds of opportunities you aren't taking every day, where you are missing out on so much money. It's only that you have a limited scope of attention so you will be only psychologically exposed to some.
"There is the plain fool, who does the wrong thing at all times everywhere, but there is also the Wall Street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily– or sufficient knowledge to make his play an intelligent play." - Reminiscences of a Stock Operater, a great book.
Why do you think Monero (XMR) is a scamcoin? Please give some proper arguments if you are going to accuse a coin of being a scam.
I suspect he had similar comments when he was buying bitcoins for less than the cost of a McDonald's cheeseburger.
Only history will tell if XMR is a scam, just another alt project or an epic investment opportunity missed by the masses.
regardless....get back on topic, please.
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