Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26084. (Read 26656910 times)
August 30, 2014, 07:59:22 AM
August 30, 2014, 07:51:52 AM
Both we know, that a bear is not something static. The bad and clever bear only had to sell his coins on ~1000 and bought back on ~400 to have 2,5x more coins (on only one swing).
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Very much to the point. Really appreciate your posts in general in this thread, btw.
There was a discussion in here a while ago if it even makes sense to talk about "bulls" vs. "bears", or whether that's a gross simplification that should be avoided.. I suggested the following distinction:
(a) that as a successful trader or investor, you should strive to fall into neither camp, i.e. stay as objective wrt the market as possible, and
(b) that the only ones actually deserving the label "bull" (or "bear") are those who accuse others loudly of being a "bear" (or "bull", respectively).
(don't complain. it only looks like a paradoxical definition.)
It made sense to be a bear when the price was +900 USD and trolls screamed buy buy, but now when we are at the bottom, it doesn't make sense. Anyways, it is your choice.
August 30, 2014, 07:49:50 AM
Both we know, that a bear is not something static. The bad and clever bear only had to sell his coins on ~1000 and bought back on ~400 to have 2,5x more coins (on only one swing).
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Very much to the point. Really appreciate your posts in general in this thread, btw.
There was a discussion in here a while ago if it even makes sense to talk about "bulls" vs. "bears", or whether that's a gross simplification that should be avoided.. I suggested the following distinction:
(a) that as a successful trader or investor, you should strive to fall into neither camp, i.e. stay as objective wrt the market as possible, and
(b) that the only ones actually deserving the label "bull" (or "bear") are those who accuse others loudly of being a "bear" (or "bull", respectively).
(don't complain. it only looks like a paradoxical definition.)
It made sense to be a bear when the price was +900 USD and trolls screamed buy buy, but now when we are at the bottom, it doesn't make sense. Anyways, it is your choice.
August 30, 2014, 07:40:00 AM
Both we know, that a bear is not something static. The bad and clever bear only had to sell his coins on ~1000 and bought back on ~400 to have 2,5x more coins (on only one swing).
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
[...]
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
Very much to the point. Really appreciate your posts in general in this thread, btw.
There was a discussion in here a while ago if it even makes sense to talk about "bulls" vs. "bears", or whether that's a gross simplification that should be avoided.. I suggested the following distinction:
(a) that as a successful trader or investor, you should strive to fall into neither camp, i.e. stay as objective wrt the market as possible, and
(b) that the only ones actually deserving the label "bull" (or "bear") are those who accuse others loudly of being a "bear" (or "bull", respectively).
(don't complain. it only looks like a paradoxical definition.)
August 30, 2014, 07:24:53 AM
I still think that the $1200/BTC was just a test..
There are many news articles online about the Euro and the Usd that are expected to decrease in value due to the crisis and the ongoing wars (Russia/Ukrain, ISIS)
Don't think its going to take long before people are going to look for alternative currency's
We are in accumulation mode now
There are many news articles online about the Euro and the Usd that are expected to decrease in value due to the crisis and the ongoing wars (Russia/Ukrain, ISIS)
Don't think its going to take long before people are going to look for alternative currency's
We are in accumulation mode now
August 30, 2014, 06:59:21 AM
August 30, 2014, 06:46:27 AM
Bears never gonna learn 
It horrofies me reading such things after 9 months of bear market. Was it not enough going down to 300? Must it go down to the ~100 to cool down this maniac? Or even lower? To levels where is no more hope left?
Please let this not be a mirror of the general market sentiment, or the real cataclysm has not even happened.
We have to cross one bridge at a time, and prices have NOT really broken $500, yet. Then it would take much more work to get to those various lower levels that you mentioned. Do you really think bears have that many coins to sell or that they will be able to convince enough holders to sell at these prices and even lower prices... Gonna be tough to even get into the sub $450s arena... and I really have my doubts about getting that low absent some really decent FUD or other real negative news...
NEVER say NEVER, though.. NOT in Bitcoinlandia.
Both we know, that a bear is not something static. The bad and clever bear only had to sell his coins on ~1000 and bought back on ~400 to have 2,5x more coins (on only one swing).
Reading "bears never learn" after a long and hard bear/consolidation market makes me a bit afraid, that market participants are losing touch with reality.
No, I don't think we will fall to levels of oblivion and I hope we will build up a stable base between 400 - 600.
Get over it you lost the CCMF
*sigh*
The mysterious thing is that a lot of your bears will be on board of your CCMF, if and when it comes. Quite likely they would be one reason (if not the reason) of your CCMF.
So you should treat them better.
August 30, 2014, 06:41:05 AM
Bears never gonna learn
It horrofies me reading such things after 9 months of bear market. Was it not enough to go down to 300? Must it go down to the ~100 to cool down this maniac? Or even lower? To levels where is no more hope left?
Please let this not be a mirror of the general market sentiment, or the real cataclysm has not even happened.
I was hearing the same for 10, 100 and 1000 dollars....
Get over it you lost the CCMF
August 30, 2014, 06:40:07 AM
Bears never gonna learn
It horrofies me reading such things after 9 months of bear market. Was it not enough to go down to 300? Must it go down to the ~100 to cool down this maniac? Or even lower? To levels where is no more hope left?
Please let this not be a mirror of the general market sentiment, or the real cataclysm has not even happened.
flash crash to $1xx can be expected after long sideways & too many failures to break out
August 30, 2014, 06:36:16 AM
"Currency of the future" being dumped again
As soon as they have been dumped, it is history (and someone else's future).
August 30, 2014, 06:25:26 AM
Bears never gonna learn
It horrofies me reading such things after 9 months of bear market. Was it not enough going down to 300? Must it go down to the ~100 to cool down this maniac? Or even lower? To levels where is no more hope left?
Please let this not be a mirror of the general market sentiment, or the real cataclysm has not even happened.
We have to cross one bridge at a time, and prices have NOT really broken $500, yet. Then it would take much more work to get to those various lower levels that you mentioned. Do you really think bears have that many coins to sell or that they will be able to convince enough holders to sell at these prices and even lower prices... Gonna be tough to even get into the sub $450s arena... and I really have my doubts about getting that low absent some really decent FUD or other real negative news...
NEVER say NEVER, though.. NOT in Bitcoinlandia.
August 30, 2014, 06:21:08 AM
bitcoin is going down to where it came from
We'll go up, just wait and see
We'll go to where no price has been before!This is gonna be great!!!!!!!!
One liner duels between riiiiising and falllllling.
Where's my popcorn?
August 30, 2014, 06:19:48 AM
Bears never gonna learn
It horrofies me reading such things after 9 months of bear market. Was it not enough to go down to 300? Must it go down to the ~100 to cool down this maniac? Or even lower? To levels where is no more hope left?
Please let this not be a mirror of the general market sentiment, or the real cataclysm has not even happened.
August 30, 2014, 06:12:03 AM
bitcoin is going down to where it came from
We'll go up, just wait and see
We'll go to where no price has been before! August 30, 2014, 06:12:00 AM
Oversold. Jump on the buy train and make a few bones.
I don't see any time frames 15-minutes or above that are oversold. Daily has lots and lots of room to fall. I'm holding for now, but I'm looking for a good exit. Lower time frames show bullish diverging, so I think we'll bounce soon, but I don't expect much really. I'm gonna sit out and buy back in when the daily chart looks bullish.
Yeah?
Good luck with that. 
August 30, 2014, 06:09:46 AM
I'll going to ask Van Hellsling the dumpyr slayer to intervene...
August 30, 2014, 06:06:06 AM
I think we'll be revisiting the $450s the following weeks.
Perma-bulls please, don't be cheerleaders. BTC is still bearish.
-Low volume
-The little rallies we see are very short lived and they seem just an excuse for the whales (or anyone for that matter) to sell higher.
-Bitlicense and Winklevoss ETF uncertainties.
By basic TA the next attempt at a big rally should be around November, we'll see how that is gonna play out.
For now, stop cheering at every green candle, and stop wanting BTC to be a get rich quick scheme, it's getting ridiculous.
Perma-bulls please, don't be cheerleaders. BTC is still bearish.
-Low volume
-The little rallies we see are very short lived and they seem just an excuse for the whales (or anyone for that matter) to sell higher.
-Bitlicense and Winklevoss ETF uncertainties.
By basic TA the next attempt at a big rally should be around November, we'll see how that is gonna play out.
For now, stop cheering at every green candle, and stop wanting BTC to be a get rich quick scheme, it's getting ridiculous.
The potential that is GABI and the Dubai exchange ran by Igot should be propelling the price, right now, even if they eventually flop. Arguably, GABI is already priced in. I think the price is a bit cheap in the near term, though.
Longer term, I think the Winklevoss thing, despite being thought of as a sure shot, will actually be shot down. But, at this very moment in time I am buying all in and expecting prices not to deviate downward more than another $10 and upwards up to $50 or $60 within the next couple weeks.
Finally, I think the bears have been louder than the bulls as of late which suggests we are nearing a turning point.
bitcoin is going down to where it came from
August 30, 2014, 05:59:22 AM
August 30, 2014, 04:59:23 AM
August 30, 2014, 04:05:35 AM
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