Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24545. (Read 26712318 times)
November 14, 2014, 08:35:59 AM
New battle at finex. Seems to be locked between 414 and 405. Stamp should lead the way
November 14, 2014, 08:33:32 AM
china over 2500 RMB, yeah
November 14, 2014, 08:29:57 AM
update poll, please!!
We can see the moon! haha
We can see the moon! haha
November 14, 2014, 08:26:55 AM
Willy2.0 was beaten down by the nervous miners who don't want to ride this train any longer.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
What great humor that can be provide through this thread............ PPC... good luck with that..
PPC, woah, those were the times...
http://en.wikipedia.org/wiki/PowerPC_970
PPC will get you to The Moon and Beyond for sure!
http://en.wikipedia.org/wiki/RAD750
November 14, 2014, 08:06:07 AM
from when 796.com doesnt have fees ?
November 14, 2014, 08:04:35 AM
Pump dump pump dump.
November 14, 2014, 08:03:27 AM
The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.
It has one reason. Something which is new to Bitcoin since this year: Dumpers who do everything in their power to take the price down. Every single time.
We're gonna have a real hard time going up again.
I just don't understand what caused this behaviour. They just refuse to let the price go up.
It's absolutely crazy.
You are constantly whining like a child which can not understand why do the grownups do what they do. Problem is you are stuck in the fiat logic, counting your gains/loses in fiat instead of BTC. Try to finally understand that if you had 100 BTC each worth US$ 1000 each, and you now have 110 BTC each worth 400 BTC, you have not lost 56%, you gained 10%. Try to dig that into your thick head, the current price is irrelevant, it only matters how much BTC you will have when the day comes you wouldn't have to exchange them for fiat at all. The most straightforward way for smart people to gain more BTC trading is to push the price down selling as much as they can and buy more BTC when the price hits the bottom of the dump. Not everyone can trade with leverage on Bitfinex, most people trade on all other exchanges where there is no leveraged margin trading, so every they of price rising is their day lost, and every day price falling can be a big gain for them. I don't know how to put it more simpler, please try to finally understand total non-importance of short term price drops.
I love the smell of "welcome to ignore" in the morning!!
Ignore me or not, I just can't stand any more ShroomsKit's jealousy for other people making money on dumps. All he wants is a day to dump all his BTC to his fiat bank account, and he is calling other people short-sighted, imagine that!
I think he was referring to shroomskit who has ignored, at a rough estimate... 90% of the forum.
EDIT: the bull is back finally
There you go...someone is paying attention.
BTW...its she for your records. Although apparently women don't exist here.
November 14, 2014, 08:01:45 AM
Ignore me or not, I just can't stand any more ShroomsKit's jealousy for other people making money on dumps. All he wants is a day to dump all his BTC to his fiat bank account, and he is calling other people short-sighted, imagine that!
No, I'm not ignoring you just predicting shroomsy's response.
November 14, 2014, 07:54:59 AM
Do it.
November 14, 2014, 07:54:54 AM
There's a war at 414, the 38.2% fib retrace from 315/475, and the bulls might just win
November 14, 2014, 07:52:04 AM
LOL $414 again. Bear traps or bull traps? We'll see
November 14, 2014, 07:50:14 AM
Does anyone has any info regarding Secondmarket ETF? There were rumours that they would go live today...
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
Come on...
I still have more bitcoins to buy in the 300s.
Hold off on all major investor news for the next week please.
Pardon me... my bad!
Put the price back. Wire transfer is on its way.
November 14, 2014, 07:42:15 AM
how does 796.com work if you only can deposit cryptos ? I dont know if I get futures markets in crypto world, what exactly you get if you sell or buy at some price that is still in USD dollars ?
November 14, 2014, 07:39:18 AM
My best guess. No new bubble until February 2015. More time to acquire cheap coinz at around 0.38-0.40$ per 1kbits. I also think there could be one last sell-off in late december/early january reaching 0.3-0.32$ per 1kbits.
Excellent example of confirmation bias. Your bullish line is weak, little evidence it gives support. The bottoms in this chart could just as well be an inverted dish, which would mean we would be moving sideways for some months and then go down again for another 2 years..
Actually I wouldn't have any problems collecting more coins, if it took another 6 to 12 month to bottom out at ~0.18$ per 1 kbits. This is why "my buest guess" is, bitcoin will take the so called "weak bullish line".
November 14, 2014, 07:32:30 AM
BITCOINERS!
You are fighting a war you can not win!
Why die for your Communist puppet masters as they cavort with your wives and daughters?
You are fighting a war you can not win!
Why die for your Communist puppet masters as they cavort with your wives and daughters?
November 14, 2014, 07:29:17 AM
Interesting action, glad i was right about 400, although it went way beyond that. I think huobi even got to 470 or something at the top?
November 14, 2014, 07:23:04 AM
talk about some volatility, huh
November 14, 2014, 07:19:58 AM
The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.
It has one reason. Something which is new to Bitcoin since this year: Dumpers who do everything in their power to take the price down. Every single time.
We're gonna have a real hard time going up again.
I just don't understand what caused this behaviour. They just refuse to let the price go up.
It's absolutely crazy.
You are constantly whining like a child which can not understand why do the grownups do what they do. Problem is you are stuck in the fiat logic, counting your gains/loses in fiat instead of BTC. Try to finally understand that if you had 100 BTC each worth US$ 1000 each, and you now have 110 BTC each worth 400 BTC, you have not lost 56%, you gained 10%. Try to dig that into your thick head, the current price is irrelevant, it only matters how much BTC you will have when the day comes you wouldn't have to exchange them for fiat at all. The most straightforward way for smart people to gain more BTC trading is to push the price down selling as much as they can and buy more BTC when the price hits the bottom of the dump. Not everyone can trade with leverage on Bitfinex, most people trade on all other exchanges where there is no leveraged margin trading, so every they of price rising is their day lost, and every day price falling can be a big gain for them. I don't know how to put it more simpler, please try to finally understand total non-importance of short term price drops.
I love the smell of "welcome to ignore" in the morning!!
Ignore me or not, I just can't stand any more ShroomsKit's jealousy for other people making money on dumps. All he wants is a day to dump all his BTC to his fiat bank account, and he is calling other people short-sighted, imagine that!
I think he was referring to shroomskit who has ignored, at a rough estimate... 90% of the forum.
EDIT: the bull is back finally
November 14, 2014, 07:17:57 AM
My best guess. No new bubble until February 2015. More time to acquire cheap coinz at around 0.38-0.40$ per 1kbits. I also think there could be one last sell-off in late december/early january reaching 0.3-0.32$ per 1kbits.
Excellent example of confirmation bias. Your bullish line is weak, little evidence it gives support. The bottoms in this chart could just as well be an inverted dish, which would mean we would be moving sideways for some months and then go down again for another 2 years..http://i2.kym-cdn.com/photos/images/newsfeed/000/283/288/a20.jpg
November 14, 2014, 07:11:38 AM
In that paragraph I was not including the futures' markets like BitVC and 796.com (which, IIUC, are the only ones doing double-counting). But the volumes during those two days were huge either way.
OK:) And indeed, huge. Still not completely calm there..
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