Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25054. (Read 26710013 times)
October 14, 2014, 07:16:16 AM
I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.
October 14, 2014, 07:07:56 AM
So the question I have for everyone is are we really ready for another bubble? For those of you that have been through a rally before do you remember how addicted we became to the charts? Even more so than now, which can be hard to believe for some of us. And if you are anything like me, all I seemed to talk about day and night was Bitcoin. My kids would even say, "Stop talking about Bitcoin!" But the obsessiveness was because of the adrenalin rush of price increases every day, every hour and sometimes every minute! Hopefully I can remain more calm and less of an "addict" this time around. We will see. . .
I prefer a modest rise of 10% per week in the beginning of a new bubble, so we rise too fast. Wild guess: this time we first get a minibubble of say 2000 USD/B, after a pause of a month or so we get the real bubble.
How far does the real bubble go?
Initially, I had been thinking $2.5k to $5k; however, since we seemed to have been delayed a few extra months, I began to conjecture between $3k and $13k... mostly based on pent-up demand and the fact that there has been considerable more infrastructure built and additional easy abilities for big money to easily get in or out, in fairly short notice.
I agree, much pent-up demand. At least $10K.
You are predicting, more or less, mini-bubble in 2014, and then "real" bubble in early 2015?
Exactly (but I don't pretend to know anything other than that we will have vastly higher prices in the long term).
October 14, 2014, 07:05:46 AM
Just predict things often and 1 day you will be right.
October 14, 2014, 07:02:43 AM
hm... pls read this:
http://nakamotoinstitute.org/mempool/everyones-a-scammer/
don´t get scammed out of your btc...
Probably the dumbest shit I've read in a long time. http://nakamotoinstitute.org/mempool/everyones-a-scammer/
don´t get scammed out of your btc...
October 14, 2014, 07:00:56 AM
October 14, 2014, 07:00:10 AM
I still don't really feel like we've had blood in the streets.
No one posted a suicide hotline on r/bitcoin yet
No one posted a suicide hotline on r/bitcoin yet
In other words, you are still holding out concerning when you are going to buy back in.
You may want to be safe and buy back part, so that you are NOT gambling all of your stash.. but I have my doubts if prices are going lower than they did yesterday, any time in the near future.... though anything seems possible in bitcoinlandia.
My income is entirely in btc. I did sell 60 this month at $380 but technically i'm buying in on a daily basis, to the tune of around $500-600
I have $20k that I haven't bought back in with yet. I'm actually more comfortable with the amount I have in btc right now (around 40 currently) so I can only assume I was overinvested, as I was far too emotional about it. I'll keep "buying back in" via my income in btc, but I think I'll put the $20k into a nice mutual fund or ETF
hm... pls read this:
http://nakamotoinstitute.org/mempool/everyones-a-scammer/
don´t get scammed out of your btc...
October 14, 2014, 06:58:52 AM
That's at least the second time that you quoted yourself...
cmon, that is my moment of fame !
& thx for requoting.
Any thoughts about predicting the price of the top, and when?
October 14, 2014, 06:55:46 AM
I thought that you were buying those coins back in the low $300s? NOT enough cash flow to buy them all back?
By the way, trend reversal again, we are in the $300s... back to a bear market.... Fuck..
Nah, I did say I changed my mind about buying back in:
I have $20k that I haven't bought back in with yet. I'm actually more comfortable with the amount I have in btc right now (around 40 currently) so I can only assume I was overinvested, as I was far too emotional about it. I'll keep "buying back in" via my income in btc, but I think I'll put the $20k into a nice mutual fund or ETF
October 14, 2014, 06:55:06 AM
What if there is more to crypto than just pumping?
xddddd
October 14, 2014, 06:54:23 AM
That's at least the second time that you quoted yourself...
cmon, that is my moment of fame !
& thx for requoting.
October 14, 2014, 06:53:22 AM
It seems China was breaking down and dragging everyone with them. It is time for China to start following the west I think 
In the short term China's going up regardless, whales have lost out bigtime trying to kick them around with the kind of things that made stamp a joke because there's way more inertia than western markets. The western markets are much more dynamic though and a jump on them when the asian exchanges are going through a round figure will give them a big boost. The weight of the asian markets is providing a platform to make agile moves on the western markets.
Not 100% sure, but I think I know what you mean. This was a breakdown from wedges though and I have not seen a recovery like this before. Much resistance on Bitfinex and Huobi. It will be interesting to see how this plays out.
October 14, 2014, 06:52:00 AM
That's at least the second time that you quoted yourself...
October 14, 2014, 06:49:46 AM
October 14, 2014, 06:48:07 AM
Was it a fake wall?
October 14, 2014, 06:34:54 AM
Was it a fake wall?
October 14, 2014, 06:32:09 AM
What if there is more to crypto than just pumping?
October 14, 2014, 06:27:58 AM
What if there is more to crypto than just pumping?
October 14, 2014, 06:27:16 AM
Even though i sold half my btc at $380 last month if we hit $3k it would make enough of a difference to my long term FI goal that I could pretty much quit working on the spot.
Therefore i think it's unlikely as I am never that lucky
Therefore i think it's unlikely as I am never that lucky
I thought that you were buying those coins back in the low $300s? NOT enough cash flow to buy them all back?
By the way, trend reversal again, we are in the $300s... back to a bear market.... Fuck..
I was just making an attempt at some light humor regarding a supposed trend reversal... I understand that trends do NOT change so easily.. or at least this particular trend is seemingly gonna be heading in the upward direction.... but I am NOT going to hold my breath.
October 14, 2014, 06:25:55 AM
How long until we get back to 420?
I wanna put some raggae to play
I wanna put some raggae to play
Reggae Shark .. is the dreadlock rasta fish I am talking about
http://youtu.be/A3ytTKZf344
Reggae shark got noooo political agen-da
He just wants redemption-na
and he also wants Ganja
But you can't light a spliff when you live in da wat-ta
October 14, 2014, 06:23:06 AM
In other words, it will NOT make a whole hell-a-va lot of difference if I buy additional coins at $390 or at $430.
Hopefully your spreadsheet speaks la verdad.That failure to hesitate has pretty much been my blessing and my problem, at the same time. I have been investing my spare money as it comes in and becomes available. Accordingly, some of my money was either NOT available during the lowest prices, or for example, I bought coins at $360, $340, $320 and $300, so when coins were $270, I did NOT have much money left, though I did buy a couple BTC at $280....
Also, in May and June, I began to consider that the downward trend had reversed, and I pretty much doubled down at that time (even though I did keep a little bit of fiat available, i had pretty much gone in heavily in the upper $500 and lower $600 arena...
Then this week, I had more cash come in my direction, but yes, prices are $120 higher per BTC... than they were last week... funny that...
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