Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26575. (Read 26608364 times)

Sure, but percent change from 1 year prior is still well below historical norms.


If you want to look at the data in other ways, you can play with the view here: http://research.stlouisfed.org/fred2/series/TCMDO

Debt growth has slowed and remains slow.  Everything will look exponential if you look at it in nominal terms because the dollar has devalued exponentially.

http://www.bloomberg.com/news/2014-07-30/bitcoin-tax-free-transactions-face-test-at-top-eu-court.html

Don't worry   

http://www.oftwominds.com/photos2014/TCMDO-GDP7-14b.png

Now I get it! Shroomy has been bearish all along. Not his postings have changed, but now he's actually speaking his mind rather than post positive things sarcastically!

Enemies? I think you take this internet thing a little bit too seriously.

Shroomy, you come off as a very emotional/dramatic person. First you pissed off the uber-bears, now you've switched to bating the uber-bulls. Your basically making "enemies" of everyone on here. I fear for your emotional state, I don't think you can handle what you are doing to yourself.

Yup it is a personal thing... but not a lot get it right - hence baby throw money out window.

Zen  

The trick is not being greedy.  Take profits early and don't panic.  If you push it to the line you will get burned.   If you never push it all the way to the line  you may be late on the moonshot,  but you have been making money the whole time people were waiting for the moonshot.

Yes - after Gox ate some of my stash - my average coin cost went up to slightly above where we are now.

I am philosophical and of course I am HODLING - but watching that 100 plus bucks drop since June 2nd is not exactly fun!

Autumn last year I was in a lot of profit, now I'm back sneaking into the red - after logging in here every day without fail for so long. 

*Stoical smile*

i wonder if the launch of coinapult's locks yesterdays has anything to do with all this selling.

People are selling like it's Apple stock in the 80s. They didn't know what they were doing either.

But which Shroomskit is posting??

I reckon that Shrooms has built himself another bot, not a trading bot this time... but one that posts on here...

Yeah I have been looking at the charts and sp/res lines... I had a good idea of where they have been for a while...

I guess if you are strict and have a good enough strategy in terms of stop loss and bank management , and you call it right at least 55% of the time, then using borrowed money to short the BTC market can be a good idea...  Day trading is risky (without even considering the counterparty risk element) as it is, risker on margin, and risker still in a market like the BTC market, if you have got good risk management and trading/banking strategy then the risk is more quantified and if that suits your risk profile and you are happy with it and you can achieve consistent results, then hey- who am I to say otherwise... though tight stop loss can give you control over your exposure,  you are also more likely to fall foul of the volatility and stop hunters too with a shallow stop... so if you are looking to catch a local top, but think it is going up medium-longer term in my view it is risky... if you are a full on bear then I can see how it would be something one would consider.. unless as stated you are in full control of your shit and you are trading the bounces, all good if you have got the strategy and accept the risk of being hunted or shaken out of your trade and can accept the losses.
 

Train is looking surprised as your avatar. Shush, now can you can buy...   ...yeah, what you can buy with 1160$? Maybe a few of this toy trains.

Explanation

30%

Nothing to worry about. Only a few dollars. Just some weak hands. We're going to the moon as the new deadline expires. The big boys are getting in. Wallstreet can't wait to get in.

I would worry more about having invested 10,000$, now having a value of 100,000$ than being worried about losing my investment that never climbed high in value.

Not everyone is a trader, most bitcoiners are hoarders and normal people.
Meaning they will sell their bitcoins only if the really need the money, but regular people have a day job and BTC is just a savings account. They are not freaking out of price drops like this.