Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 26427. (Read 26610681 times)

Quote from: kireinaha on August 12, 2014, 02:01:41 PM

This has to be the weakest bull trap I've ever seen. It will break soon followed by several more weeks of sideways down trending. TERA tried to tell you all this but you drove her away for having a "contrarian" opinion.

You're so right, man! My bitcoin that was worth $588 yesterday is only worth $570 today!!! What a devastating crash, a btc crash to end all crashes!!

_{(In. case. you. can't. tell. that. was. mega. sarcasm.)}

And it was worth $600 a couple weeks ago and worth $630 a week before that and $680 only a couple months ago. You're welcome to keep holding if you'd like, but smart people are reducing their exposure right now.

...and $450 three months ago. Forgotten that? Grin

Well, I think that represents where we're going again over the next few weeks. You need to remember that in May everyone was calling for the next huge rally in late July. There were graphs and TA everywhere calling it, and much of it looked quite convincing. All it took was a small spark to ignite that frenzy up to $680, but when nothing materialized, investors lost hope again.

What do we have to look forward to now? There are some half heartedly calling for a bubble in October or November, but I don't think they even really believe it. We're all just blindly hoping now, so I think a return to the April/May price levels (or lower) is just about inevitable now.

I believe you are wrong. Time will tell.

PS: People are hoarding coins. https://blockchain.info/charts/bitcoin-days-destroyed?showDataPoints=false×pan=2year&show_header=true&daysAverageString=28&scale=0&address=

PS2: Use of bitcoin is going up again. https://blockchain.info/charts/n-transactions-excluding-popular?timespan=1year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

http://www.businessinsider.com/bitcoin-2014-8

Don't read too much into the metrics often used to show adoption increasing etc.
That's not to say there aren't signs of growth.

Kupsi

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9.9.2012: I predict that single digits... <- FAIL

Quote from: kireinaha on August 12, 2014, 04:50:27 PM

Quote from: Kupsi on August 12, 2014, 04:42:29 PM

Quote from: kireinaha on August 12, 2014, 04:31:14 PM

Well, I think that represents where we're going again over the next few weeks. You need to remember that in May everyone was calling for the next huge rally in late July. There were graphs and TA everywhere calling it, and much of it looked quite convincing. All it took was a small spark to ignite that frenzy up to $680, but when nothing materialized, investors lost hope again.

What do we have to look forward to now? There are some half heartedly calling for a bubble in October or November, but I don't think they even really believe it. We're all just blindly hoping now, so I think a return to the April/May price levels (or lower) is just about inevitable now.

I believe you are wrong. Time will tell.

PS: People are hoarding coins. https://blockchain.info/charts/bitcoin-days-destroyed?showDataPoints=false×pan=2year&show_header=true&daysAverageString=28&scale=0&address=

PS2: Use of bitcoin is going up again. https://blockchain.info/charts/n-transactions-excluding-popular?timespan=1year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

I'm not surprised that transactions have risen in the past few days, but can't that just be attributed to holders getting spooked and sending their coins around to sell? If so, then yes, transactions are rising, but it's far from a good indication for future price forecasting, imho.

More transactions could be people wanting to sell. But Bitcoin days destroyed is low. That doesn't indicate people wanting to sell.

Dump3er

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Gna. My thread has been deleted (I will build up some conspiracies on this).

So have to come back here, to my personal fan boy thread - The Troll Oberserver.

kireinaha

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Quote from: Kupsi on August 12, 2014, 04:42:29 PM

Quote from: kireinaha on August 12, 2014, 04:31:14 PM

Well, I think that represents where we're going again over the next few weeks. You need to remember that in May everyone was calling for the next huge rally in late July. There were graphs and TA everywhere calling it, and much of it looked quite convincing. All it took was a small spark to ignite that frenzy up to $680, but when nothing materialized, investors lost hope again.

What do we have to look forward to now? There are some half heartedly calling for a bubble in October or November, but I don't think they even really believe it. We're all just blindly hoping now, so I think a return to the April/May price levels (or lower) is just about inevitable now.

I believe you are wrong. Time will tell.

PS: People are hoarding coins. https://blockchain.info/charts/bitcoin-days-destroyed?showDataPoints=false×pan=2year&show_header=true&daysAverageString=28&scale=0&address=

PS2: Use of bitcoin is going up again. https://blockchain.info/charts/n-transactions-excluding-popular?timespan=1year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

I'm not surprised that transactions have risen in the past few days, but can't that just be attributed to holders getting spooked and sending their coins around to sell? If so, then yes, transactions are rising, but it's far from a good indication for future price forecasting, imho.

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: kireinaha on August 12, 2014, 04:31:14 PM

@mmitech Haven´t you wrote 2-3 days ago that your sentiment changed bullish when we were around 595$, However it seem that you have deleted that post now, lol.
Are you possibly the personification of ShroomsKits fictional trader alter ego?

Mmitech makes things up as he goes along. He is like how you, Fonzie, used to be... Cheesy

However, he (mmitech) is much dumber than you used to be. Wink

Kupsi

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9.9.2012: I predict that single digits... <- FAIL

Quote from: Kupsi on August 12, 2014, 04:27:47 PM

Quote from: kireinaha on August 12, 2014, 03:24:53 PM

Quote from: kireinaha on August 12, 2014, 02:01:41 PM

This has to be the weakest bull trap I've ever seen. It will break soon followed by several more weeks of sideways down trending. TERA tried to tell you all this but you drove her away for having a "contrarian" opinion.

You're so right, man! My bitcoin that was worth $588 yesterday is only worth $570 today!!! What a devastating crash, a btc crash to end all crashes!!

_{(In. case. you. can't. tell. that. was. mega. sarcasm.)}

And it was worth $600 a couple weeks ago and worth $630 a week before that and $680 only a couple months ago. You're welcome to keep holding if you'd like, but smart people are reducing their exposure right now.

...and $450 three months ago. Forgotten that? Grin

Well, I think that represents where we're going again over the next few weeks. You need to remember that in May everyone was calling for the next huge rally in late July. There were graphs and TA everywhere calling it, and much of it looked quite convincing. All it took was a small spark to ignite that frenzy up to $680, but when nothing materialized, investors lost hope again.

What do we have to look forward to now? There are some half heartedly calling for a bubble in October or November, but I don't think they even really believe it. We're all just blindly hoping now, so I think a return to the April/May price levels (or lower) is just about inevitable now.

I believe you are wrong. Time will tell.

PS: People are hoarding coins. https://blockchain.info/charts/bitcoin-days-destroyed?showDataPoints=false×pan=2year&show_header=true&daysAverageString=28&scale=0&address=

PS2: Use of bitcoin is going up again. https://blockchain.info/charts/n-transactions-excluding-popular?timespan=1year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: empowering on August 12, 2014, 03:26:09 PM

Quote from: JayJuanGee on August 12, 2014, 03:16:44 PM

That is part of the reason that some people in this thread deem you as "retarded" b/c you cannot seem to differentiate concepts, and what makes it worse is that you fail to recognize your inability to differentiate concepts and then to insist upon your own inadequate view of the way that things work in the world.

sold some at $1060, $980 and $630 and the rest yesterday at $585 and I was right from February till today, I got one wrong call that Risto had right, but sure you can cry about me being a moron.... at least I try to analyze thing, you are just emotionally attached to your investments.

I do not know what emotions are

Yeah... your rendition above is ridiculous Mmitech... even your description of the facts is probably selective.. b/c likely you sold yesterday at $560-ish.. that's what you said yesterday during the "crash"... just sold...

No one is jealous of you.. you can do what you like regarding your supposed BTC and/or alt trading and other purported investment(s)... However, your attempts to get others to follow your investment (trading) lead does become irritating... especially, since you have a very limited grasp on the ways of the world and various market dynamics and even seemingly screwed up religious limitations that supposedly restrict your ability to earn interest (which seems contradictory to your purported investing/trading in various monies), and it seems that you are merely lucky, if we could actually believe your after-the-fact rendition of what you supposedly had done.

hyphymikey

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Quote from: empowering on August 12, 2014, 04:16:33 PM

Quote from: kireinaha on August 12, 2014, 04:14:44 PM

Quote from: dropt on August 12, 2014, 04:07:38 PM

Quote from: kireinaha on August 12, 2014, 04:04:36 PM

Don't go bringing Jimmy Buffet quotes in here. He said himself to stay away from commodities.

Jimmy Buffet eh?

yeah this guy .... Cheesy

[img]http://upload.wikimedia.org/wikipedia/commons/1/1d/Jimmy_Buffett_1.jpg[img]

Yes, that gentleman is a billionaire investor and he specifically said in an interview earlier this year to stay away from bitcoin. Grin

That would be Warren? Grin

what is it with you and names? first "sagon" and now "jimmy" where do you get this from ? Grin

Also that ol dude is as slippery as an eel - talkin' his book

Kireinaha is a teenage troll. I mean come on, its obvious.

Everyone please stop feeding the teenage troll.

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: Kupsi on August 12, 2014, 04:27:47 PM

Quote from: kireinaha on August 12, 2014, 03:24:53 PM

Quote from: kireinaha on August 12, 2014, 02:01:41 PM

This has to be the weakest bull trap I've ever seen. It will break soon followed by several more weeks of sideways down trending. TERA tried to tell you all this but you drove her away for having a "contrarian" opinion.

You're so right, man! My bitcoin that was worth $588 yesterday is only worth $570 today!!! What a devastating crash, a btc crash to end all crashes!!

_{(In. case. you. can't. tell. that. was. mega. sarcasm.)}

And it was worth $600 a couple weeks ago and worth $630 a week before that and $680 only a couple months ago. You're welcome to keep holding if you'd like, but smart people are reducing their exposure right now.

...and $450 three months ago. Forgotten that? Grin

Well, I think that represents where we're going again over the next few weeks. You need to remember that in May everyone was calling for the next huge rally in late July. There were graphs and TA everywhere calling it, and much of it looked quite convincing. All it took was a small spark to ignite that frenzy up to $680, but when nothing materialized, investors lost hope again.

What do we have to look forward to now? There are some half heartedly calling for a bubble in October or November, but I don't think they even really believe it. We're all just blindly hoping now, so I think a return to the April/May price levels (or lower) is just about inevitable now.

hdbuck

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Quote from: fonzie on August 12, 2014, 04:21:12 PM

Quote from: mmitech on August 12, 2014, 03:46:34 PM

Quote from: kireinaha on August 12, 2014, 03:24:53 PM

@mmitech Haven´t you wrote 2-3 days ago that your sentiment changed bullish when we were around 595$, However it seem that you have deleted that post now, lol.
Are you possibly the personification of ShroomsKits fictional trader alter ego?

I didn't delete that post, and yes a week ago I said that it is looking bullish, I've changed my mind and lost $5K for not selling at the time.

Nothing wrong with doing incorrect predictions, but please stop running around saying i have always been right since February with all of my predictions (e.g. LTC...).
That makes you look like, well as someone else stated, an imbecile.

yea dont tread on our little fonzie's toe. Shocked

Kupsi

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Activity: 1193

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9.9.2012: I predict that single digits... <- FAIL

Quote from: kireinaha on August 12, 2014, 02:01:41 PM

This has to be the weakest bull trap I've ever seen. It will break soon followed by several more weeks of sideways down trending. TERA tried to tell you all this but you drove her away for having a "contrarian" opinion.

You're so right, man! My bitcoin that was worth $588 yesterday is only worth $570 today!!! What a devastating crash, a btc crash to end all crashes!!

_{(In. case. you. can't. tell. that. was. mega. sarcasm.)}

And it was worth $600 a couple weeks ago and worth $630 a week before that and $680 only a couple months ago. You're welcome to keep holding if you'd like, but smart people are reducing their exposure right now.

...and $450 three months ago. Forgotten that? Grin

fonzie

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Moderator

Quote from: mmitech on August 12, 2014, 03:46:34 PM

Quote from: Jesus Christ on August 12, 2014, 12:34:23 PM

@mmitech Haven´t you wrote 2-3 days ago that your sentiment changed bullish when we were around 595$, However it seem that you have deleted that post now, lol.
Are you possibly the personification of ShroomsKits fictional trader alter ego?

I didn't delete that post, and yes a week ago I said that it is looking bullish, I've changed my mind and lost $5K for not selling at the time.

Nothing wrong with doing incorrect predictions, but please stop running around saying i have always been right since February with all of my predictions (e.g. LTC...).
That makes you look like, well as someone else stated, an imbecile.

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: medialab101 on August 12, 2014, 12:16:57 PM

Rakuten coming on board:
http://www.coindesk.com/rakuten-us-subsidiary-bitcoin/

Doesn't matter, I'm selling now. Time to get out fellas.

Bye, Bye!!!!

dropt

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Quote from: empowering on August 12, 2014, 04:16:33 PM

That would be Warren? Grin

what is it with you and names? first "sagon" and now "jimmy" where do you get this from ? Grin

And that quote doesn't even originate from Buffett, Warren or Jimmy. Cheesy

mmitech

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things you own end up owning you

Quote from: empowering on August 12, 2014, 04:10:22 PM

Quote from: mmitech on August 12, 2014, 04:04:30 PM

Quote from: empowering on August 12, 2014, 03:58:44 PM

Quote from: mmitech on August 12, 2014, 03:46:34 PM

Quote from: kireinaha on August 12, 2014, 04:14:44 PM

@mmitech Haven´t you wrote 2-3 days ago that your sentiment changed bullish when we were around 595$, However it seem that you have deleted that post now, lol.
Are you possibly the personification of ShroomsKits fictional trader alter ego?

I didn't delete that post, and yes a week ago I said that it is looking bullish, I've changed my mind and lost $5K for not selling at the time.

When you say you have lost $5K how exactly did you lose it?

for not taking action at the right moment when my sentiment changed, in other words lost the chance to make a $5K more...

Ohhh I see so you lost out on making $5K not lost $5k - there is a difference... you cannot lose something you never had... you missed an opportunity..
the old 20/20 hindsight psychology... that my friend is a bad road to go down.... you have got to admit... losing a hypothetical $5k is not much to cry about and also far far far better imo than having sold and have the market jump against you upwards by $200 then you really would have actually made a loss.. and the market will do it to you ake no doubts about that, if you play that game long enough....it will bite you... far better to cry over the hyptohetical loss of gains you could have had than to take the hit imo... far better..

never cried about it, if I would start crying, I would cry about not going all out at $1060 instead of selling only 10-15%, BTW I didn't have that much of BTC , I had less than 100 BTC, and I've never used leverage, I tried trading on Finex only once and it was fraustrating so I stopped using it.

empowering

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Quote from: dropt on August 12, 2014, 04:07:38 PM

Quote from: kireinaha on August 12, 2014, 04:04:36 PM

Don't go bringing Jimmy Buffet quotes in here. He said himself to stay away from commodities.

Jimmy Buffet eh?

yeah this guy .... Cheesy

[img]http://upload.wikimedia.org/wikipedia/commons/1/1d/Jimmy_Buffett_1.jpg[img]

Yes, that gentleman is a billionaire investor and he specifically said in an interview earlier this year to stay away from bitcoin. Grin

That would be Warren? Grin

what is it with you and names? first "sagon" and now "jimmy" where do you get this from ? Grin

Also that ol dude is as slippery as an eel - talkin' his book

kireinaha

sr. member

Activity: 350

Merit: 253

Quote from: dropt on August 12, 2014, 04:07:38 PM

Quote from: kireinaha on August 12, 2014, 04:04:36 PM

Don't go bringing Jimmy Buffet quotes in here. He said himself to stay away from commodities.

Jimmy Buffet eh?

yeah this guy .... Cheesy

[img]http://upload.wikimedia.org/wikipedia/commons/1/1d/Jimmy_Buffett_1.jpg[img]

Yes, that gentleman is a billionaire investor and he specifically said in an interview earlier this year to stay away from bitcoin. Grin

empowering

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Quote from: hdbuck on August 12, 2014, 04:07:12 PM

Quote from: empowering on August 12, 2014, 03:58:44 PM

Quote from: mmitech on August 12, 2014, 03:46:34 PM

Quote from: mmitech on August 12, 2014, 04:04:30 PM

@mmitech Haven´t you wrote 2-3 days ago that your sentiment changed bullish when we were around 595$, However it seem that you have deleted that post now, lol.
Are you possibly the personification of ShroomsKits fictional trader alter ego?

I didn't delete that post, and yes a week ago I said that it is looking bullish, I've changed my mind and lost $5K for not selling at the time.

When you say you have lost $5K how exactly did you lose it?

means he has around 125 BTC ?! Shocked

or leverage

empowering

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Activity: 1078

Merit: 1441

Quote from: empowering on August 12, 2014, 03:58:44 PM

Quote from: mmitech on August 12, 2014, 03:46:34 PM