I don't think we will see sub-400 again.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26291. (Read 26712851 times)
August 18, 2014, 07:02:59 PM
Daily candle closed. Daily RSI positive divergence confirmed. Should help the bounce.
August 18, 2014, 07:02:47 PM
Looks like we got a breather for now. Not convinced this is over yet, though. Bearish me expects a low of around $380 within the next 2 weeks.
That's very bearish. I don't think we will see sub-400 again.
It'd still be a (marginally) higher low compared to April, so, not the most bearish scenario conceivable, imo.
August 18, 2014, 07:02:35 PM
But man, nobody is filling that btce arbitrage gap, market is in shocking state.
Been watching that most of the day wondering why its gap stays significantly profitable. Reminds me of GOX too much. 
August 18, 2014, 07:00:55 PM
Looks like we got a breather for now. Not convinced this is over yet, though. Bearish me expects a low of around $380 within the next 2 weeks.
That's very bearish. I don't think we will see sub-400 again.
August 18, 2014, 06:59:33 PM
August 18, 2014, 06:59:28 PM
Looks like we got a breather for now. Not convinced this is over yet, though. Bearish me expects a low of around $380 within the next 2 weeks.
August 18, 2014, 06:54:19 PM
But man, nobody is filling that btce arbitrage gap, market is in shocking state.
Been watching that most of the day wondering why its gap stays significantly profitable. Reminds me of GOX too much. August 18, 2014, 06:53:03 PM
Bitcoin at these prices now is the kind off steal you tell your grandchildren about later.
ya sell it back to them for 10000X Muahahahaha
August 18, 2014, 06:51:25 PM
im hoping the price stays low for 5 more days as i need to buy btc
secretly hoping that to
There may be a mini bubble mid-September. Otherwise, I anticipate 6 months to a year of sideways movement. March 2015 is the most likely period for the next major bubble.
August 18, 2014, 06:51:09 PM
But man, nobody is filling that btce arbitrage gap, market is in shocking state.
This. The bounce back on the other exchanges isn't real. It is just pump bots driving up the price. We still haven't retested the bottom. The last bottom will probably hold, though. But it is totally untradeable right now. I mean, if you are shorting you expose yourself to timing and price picking issues for a mere $20 profit per coin. If you are buying or long you expose yourself to a chance of a Finex flash crash (although, since we stabilized at least, that is less likely). Moreover, if Finex crashes and the other exchanges break 420 in the panic, then hell does break loose (even less likely).
It's just really untradeable. If you are nowhere near your margin points then good. We'll have quite a fine bounce back once we all have agreed on the bottom.
August 18, 2014, 06:50:09 PM
Bitcoin at these prices now is the kind off steal you tell your grandchildren about later.
August 18, 2014, 06:47:00 PM
I'll be honest, I never felt more fear than today. I screwed most of my awesome net worth from March and looking it bleeding even more is frightening. I laughed all crashes before, even when I had nothing almost, but this time is diferrent as those old numbers are making me going through the mare, I was just one little step from dreams and now it looks far away 
Hopefully, that means time for reversal
Hopefully, that means time for reversal
If you didn't lose coins I wouldn't worry a lot long term... if you did, this is problem x 2.
Hm, yes and no. I took some losses, cashed out some but most are locked in bad alts/fees investment. I had 500 BTC at one point, I have 70 BTC available now, and probably 300+ locked in losing trades. Very losing trades, may I add
So all, in all, I could collect maybe 150 btc max now, and not fast as I could crash some stuff to oblivion if I'd cash out :p.
But honestly, there is only one investment that is bothering me. That was like 140 btc and now is at 30 max. I was cool with others going down, and kinda expected it after some time, but this one wasn't suppose to happen and I am angry on myself that I failed to went out on time when it did. I seriously couldn't care about bitcoin price if I had those 140 btc now, I'd be pretty fine with 200+ available btc.
Yeah, I might be good in long term, it's the time between I am worried about, lol
Sorry about your luck. Sounds like you just diversified your btc waaaayyyy too much, and into too many higher risk options.
August 18, 2014, 06:43:35 PM
But man, nobody is filling that btce arbitrage gap, market is in shocking state.
August 18, 2014, 06:40:47 PM
im hoping the price stays low for 5 more days as i need to buy btc
secretly hoping that to
August 18, 2014, 06:32:02 PM
I'll be honest, I never felt more fear than today. I screwed most of my awesome net worth from March and looking it bleeding even more is frightening. I laughed all crashes before, even when I had nothing almost, but this time is diferrent as those old numbers are making me going through the mare, I was just one little step from dreams and now it looks far away
Hopefully, that means time for reversal
Hopefully, that means time for reversal
If you didn't lose coins I wouldn't worry a lot long term... if you did, this is problem x 2.
Hm, yes and no. I took some losses, cashed out some but most are locked in bad alts/fees investment. I had 500 BTC at one point, I have 70 BTC available now, and probably 300+ locked in losing trades. Very losing trades, may I add
So all, in all, I could collect maybe 150 btc max now, and not fast as I could crash some stuff to oblivion if I'd cash out :p.
But honestly, there is only one investment that is bothering me. That was like 140 btc and now is at 30 max. I was cool with others going down, and kinda expected it after some time, but this one wasn't suppose to happen and I am angry on myself that I failed to went out on time when it did. I seriously couldn't care about bitcoin price if I had those 140 btc now, I'd be pretty fine with 200+ available btc.
Yeah, I might be good in long term, it's the time between I am worried about, lol
August 18, 2014, 06:31:57 PM
I want a cookie.
Code:
Set-Cookie: USER=Walsoraj; path=/
August 18, 2014, 06:31:08 PM
im hoping the price stays low for 5 more days as i need to buy btc
August 18, 2014, 06:30:49 PM
I want a cookie.
Welcome to the rational mind bull team Walsoraj.
August 18, 2014, 06:29:58 PM
Who's ready for some PANIC BUYING!!!!!!?
panic buy BTC at $150ish?
August 18, 2014, 06:26:15 PM
Who's ready for some PANIC BUYING!!!!!!?
China would have to wake up pretty damn smitten if we are going to skip the retesting the bottom phase unless you think the blow off after the post-crash spike was that testing. Possible. Not likelies.
Jump to: