Breaking down on Okcoin right now.
Dump.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24879. (Read 26711563 times)
October 25, 2014, 06:33:13 PM
October 25, 2014, 06:32:18 PM
in about 1 -2 hours the break out should happen. It looks pretty bullish to me.
If you're just looking to buy and hold, you probably should not be using 15 minute charts.
I do a bit of everything. But i'm using the 15 min to show when the ext big movement will come. And it will come in in the next hour or so imho
Triangle has broken and price is going down.
October 25, 2014, 06:21:17 PM
BitLicenses uncertainty again.
Drag on prices for another few weeks until we something positive on the regulatory front.
Only positives from BitLicenses will be approval of BIT and COIN ETFs.
Pain incoming.
Drag on prices for another few weeks until we something positive on the regulatory front.
Only positives from BitLicenses will be approval of BIT and COIN ETFs.
Pain incoming.
October 25, 2014, 06:13:24 PM
When the panic buys come and there is no Mt Gox to sell fractional reserve coins, how much faster will the price rise?
Interesting angle.
and no China to fake ban Bitcoin
only thing we should worry about letting governments ban is access to free water.. man I fear for the people of brazil already having a rough go due to a drought that measures almost a year or more now.
October 25, 2014, 06:09:47 PM
When the panic buys come and there is no Mt Gox to sell fractional reserve coins, how much faster will the price rise?
Interesting angle.
and no China to fake ban Bitcoin
October 25, 2014, 06:00:40 PM
October 25, 2014, 06:00:08 PM
Ok, so I am a bear, but what the f--- are these maniac shorters doing? The shorts have been around 13,000 on BFX for several hours, the price has stabilized or gone up slightly, and the price on BFX is $3 below that of BTC-e. For a while I thought there might be a chance for a flash crash on manipulation, but we've stabilized. I can understand being wary to buy in at this point, but to have a short right now is pure f---ing madness. Who the hell wants to be in a line with 13,000 BTCs trying to close out the shorts? That's f---ing nuts.
As i understand it, the absolute amount of money in long and short positions is more a measure of how much an exchange is used, than anything else. Only meaningless thing you can extract from these values is their ratio, as a sort of overall sentiment indicator.
October 25, 2014, 05:59:21 PM
When the panic buys come and there is no Mt Gox to sell fractional reserve coins, how much faster will the price rise?
Interesting angle.
and no China to fake ban Bitcoin
October 25, 2014, 05:55:36 PM
Ok, so I am a bear, but what the f--- are these maniac shorters doing? The shorts have been around 13,000 on BFX for several hours, the price has stabilized or gone up slightly, and the price on BFX is $3 below that of BTC-e. For a while I thought there might be a chance for a flash crash on manipulation, but we've stabilized. I can understand being wary to buy in at this point, but to have a short right now is pure f---ing madness. Who the hell wants to be in a line with 13,000 BTCs trying to close out the shorts? That's f---ing nuts.
October 25, 2014, 05:54:46 PM
look what happened last year at this time
October 25, 2014, 05:54:05 PM
If you're just looking to buy and hold, you probably should not be using 15 minute charts.
I do a bit of everything. But i'm using the 15 min to show when the ext big movement will come. And it will come in in the next hour or so imho
I seriously doubt it, but I'd love to be wrong
You will be loving it
October 25, 2014, 05:52:12 PM
in about 1 -2 hours the break out should happen. It looks pretty bullish to me.
If you're just looking to buy and hold, you probably should not be using 15 minute charts.
I do a bit of everything. But i'm using the 15 min to show when the ext big movement will come. And it will come in in the next hour or so imho
I seriously doubt it, but I'd love to be wrong
October 25, 2014, 05:49:45 PM
in about 1 -2 hours the break out should happen. It looks pretty bullish to me.
If you're just looking to buy and hold, you probably should not be using 15 minute charts.
I do a bit of everything. But i'm using the 15 min to show when the ext big movement will come. And it will come in in the next hour or so imho
October 25, 2014, 05:48:38 PM
Bitcoin horror story, read this:
https://www.reddit.com/r/BitcoinMarkets/comments/2kalug/desperate_personal_advice_sought_after_buying_at/
It's very sad and it's not a joke, I wouldn't even know what to say to that poor guy.
A very important reminder that one should NEVER expose himself to risk in investing/trading more that one is afford to lose.
Never expose yourself to that kind of risk.
Jesus Christ.
https://www.reddit.com/r/BitcoinMarkets/comments/2kalug/desperate_personal_advice_sought_after_buying_at/
It's very sad and it's not a joke, I wouldn't even know what to say to that poor guy.
A very important reminder that one should NEVER expose himself to risk in investing/trading more that one is afford to lose.
Never expose yourself to that kind of risk.
Jesus Christ.
Bitcoin is now in the despair phase.
Getting really close I would say. When it hit $275 that was despair. If it goes near that again that would be the same.
Let all the weak hands sell now so we can start the march on UP.
October 25, 2014, 05:46:02 PM
in about 1 -2 hours the break out should happen. It looks pretty bullish to me.
If you're just looking to buy and hold, you probably should not be using 15 minute charts.
October 25, 2014, 05:43:11 PM
in about 1 -2 hours the break out should happen. It looks pretty bullish to me.
http://s18.postimg.org/j54r18709/ppp.png
http://s18.postimg.org/j54r18709/ppp.png
break out again
October 25, 2014, 05:41:04 PM
in about 1 -2 hours the break out should happen. It looks pretty bullish to me.
October 25, 2014, 05:38:00 PM
Bought in too early, thought it will go up off 350.
Will get paid on Monday and so hoping that prices stay like this till next Thursday.
Will get paid on Monday and so hoping that prices stay like this till next Thursday.
October 25, 2014, 05:37:31 PM
Nothing. Deleted
You know there is a button to delete the complete post do you? Just next to the edit button 
October 25, 2014, 05:36:02 PM
Well when everyone is telling you OMG OMG OMG BUY BUY BUY and WE WILL NEVER SEE <1000 AGAIN, what do you think the point of those posts is? To get people who missed the train to panic and buy, obviously, when the correct play is to say "fuck it I missed the train, wait for it to come back."
I actually gave that advise once. A friend of mine called me to ask for the easiest way to convert 10k into bitcoin. It was his boss wanting to 'invest'. (somewhere when bitcoin did 700 in november)
I told him to call his boss an absolute idiot who could better flush his cash into the toilet.
What a dumb fuck that was,.. I was even feeling angry at the time, how could anyone invest in something they did not understand? I felt that I had to protect someone who was too stupid to figure out how to typ "how do I buy bitcoin" into google.
Quote
But of course the over-enthusiastic (and possibly over-invested) people won't ever tell you that, because they want it to keep going up on the back of greater fools.
Yes of course! Because without poor no rich! Jump to: