Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26633.

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: N12 on July 27, 2014, 10:50:33 PM

Quote from: BitChick on July 27, 2014, 10:41:02 PM

2 of 4.

Oh well. It really isn't that big of a "crash."

I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.

I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.

I ask again as I asked the other time, is this fund exchange-traded?

Off the top of my head, I remember at least 3-4 non-ETF funds dedicated solely to Bitcoin. Why would this one be so special?

Second Market has been a boost already. This one reaches an entirely different market of buyers and perhaps even at a different scale.

http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: BitChick on July 27, 2014, 10:47:47 PM

Quote from: sidhujag on July 27, 2014, 10:46:45 PM

Quote from: BitChick on July 27, 2014, 10:41:02 PM

Quote from: adamstgBit on July 27, 2014, 10:23:30 PM

Quote from: derpinheimer on July 27, 2014, 10:18:29 PM

Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha

i am 1 of 4 Cry

2 of 4.

Oh well. It really isn't that big of a "crash."

I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.

I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.

Hedge fund? So they hold bitcoins then offer to sell them or hedge
or investors or corporates? Hedge funds are usually on the opposite side of the trend.

They have to get coins from somewhere don't they?

Might already have them but I already hinted at that in my post. I would like multiple funds opening which may affect speculative price.

N12

donator

Activity: 1610

Merit: 1010

Quote from: BitChick on July 27, 2014, 10:41:02 PM

2 of 4.

Oh well. It really isn't that big of a "crash."

I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.

I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.

I ask again as I asked the other time, is this fund exchange-traded?

Off the top of my head, I remember at least 3-4 non-ETF funds dedicated solely to Bitcoin. Why would this one be so special?

We even know the trading activity that SecondMarket has, and it is nothing special. In fact, it has been abysmal the past 2-3 months.

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: sidhujag on July 27, 2014, 10:46:45 PM

Quote from: BitChick on July 27, 2014, 10:41:02 PM

Quote from: adamstgBit on July 27, 2014, 10:23:30 PM

Quote from: derpinheimer on July 27, 2014, 10:18:29 PM

Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha

i am 1 of 4 Cry

2 of 4.

Oh well. It really isn't that big of a "crash."

I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.

I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.

Hedge fund? So they hold bitcoins then offer to sell them or hedge
or investors or corporates? Hedge funds are usually on the opposite side of the trend.

They have to get coins from somewhere don't they?

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: BitChick on July 27, 2014, 10:41:02 PM

Quote from: adamstgBit on July 27, 2014, 10:23:30 PM

Quote from: derpinheimer on July 27, 2014, 10:18:29 PM

Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha

i am 1 of 4 Cry

2 of 4.

Oh well. It really isn't that big of a "crash."

I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.

I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.

Hedge fund? So they hold bitcoins then offer to sell them or hedge
or investors or corporates? Hedge funds are usually on the opposite side of the trend.

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: ?? on ??

but when we had all the great news rolling in lately, you would think we'd be going up.

The longest Bitcoin has ever gone between all time highs was 21 months - from the summer of 2011 until spring of 2013.

There was a lot of good news in 2012 too, with little-to-no price action.

We're only 7 months past an ATH now.

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: sidhujag on July 27, 2014, 10:40:23 PM

looks like I was right about the wedge breaking into a bear. So I think we are headed to $350 to $400... cya there

i can't wait for that if its true, buyers delight.

sidhujag

legendary

Activity: 2044

Merit: 1005

Some pretty good arb on cavirtex still trading at $640 cad

BayAreaCoins

legendary

Activity: 4018

Merit: 1250

Owner at AltQuick.com

Bitcoin is at $580s and you guys are worried....

I remember this shit getting to $100 again and being like "The moon...."

rofl quit yalls bitching.. We are headed sub 500's (but in a good way)

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: adamstgBit on July 27, 2014, 10:23:30 PM

Quote from: derpinheimer on July 27, 2014, 10:18:29 PM

Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha

i am 1 of 4 Cry

2 of 4.

Oh well. It really isn't that big of a "crash."

I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.

I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.

sidhujag

legendary

Activity: 2044

Merit: 1005

looks like I was right about the wedge breaking into a bear. So I think we are headed to $350 to $400... cya there

spiderbrain

legendary

Activity: 889

Merit: 1013

Down 5% in a week. Yawn.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: adamstgBit on July 27, 2014, 10:26:07 PM

583.IThinkI'mGoingToPuke!

fuck this, bed time.

Don't Puke. HODL!!!!!, HODL!!!!!!, HODL!!!!!!

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: cbeast on July 27, 2014, 10:27:00 PM

I've been expecting this, but not so soon. I just hope the bounce can wait until the end of August.

money freed up by then. I've been lazy to put the excess fiat to the exchange so I can set order for a true panic sell if they occur..

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

I've been expecting this, but not so soon. I just hope the bounce can wait until the end of August.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

583.IThinkI'mGoingToPuke!

fuck this, bed time.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: adamstgBit on July 27, 2014, 10:23:30 PM

Quote from: derpinheimer on July 27, 2014, 10:18:29 PM

Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha

i am 1 of 4 Cry

Fonzie is the second and Risto the third, who is the fourth? I'm sure it is not Blitz Grin

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: derpinheimer on July 27, 2014, 10:18:29 PM

Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha

i am 1 of 4 Cry

derpinheimer

legendary

Activity: 896

Merit: 1000

Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: cro on July 27, 2014, 09:37:19 PM

Quote from: JayJuanGee on July 27, 2014, 09:30:51 PM

Quote from: adamstgBit on July 27, 2014, 09:01:55 PM

Quote from: ?? on ??

Quote from: cro on July 27, 2014, 08:49:43 PM

Quote from: JayJuanGee on July 27, 2014, 08:41:42 PM

Quote from: cro on July 27, 2014, 08:28:51 PM

Quote from: beetcoin on July 27, 2014, 08:06:37 PM

Quote from: adamstgBit on July 27, 2014, 07:27:18 PM

Quote from: cro on July 27, 2014, 06:58:00 PM

I am wondering whether it is time to buy or not. No sleep for me, I guess.

i guess a good night sleep isn't very valuable to you?

most common rookie bitcoiner mistake.

set an order and get some sleep...

yeah, after being sleep deprived and feeling deranged, i don't think you'd be in the best situation to make the right call.

Thanks for your concern. Wink

I would buy some BTC straight away as I was about to for some time if it wasn't for this "will it fall terribly low or go up?" situation, really. I'm not afraid of fluctuations, but when people say the price may fall to 500$ it may be better for me to wait for a while...

This BTC investment matter does NOT need to be all or NOTHING, and really it remains quite risky to attempt to predict the market exactly.

Let's say that you have $1,000 that you want to invest in BTC;however, you are worried about whether the price will go down to $500. Well, why don't you use approximately half of the $1,000 ($500), and buy some BTC now? If the price goes down to $500, then you can use the other $500 or at that point you may have more to invest. or if at that point you believe it is going down some more, then buy another $250 and wait to see if BTC prices go down more.

It is generally less safe to attempt to time the market and attempt to bet all or NOTHING b/c inevitably it remains difficult to predict.

I just didn't wanted to wake up with knowledge that I could have waited one day and buy for a better price. It's hard to argue with your logic, though. I will follow your advice. Cheers.

He's telling you to catch a falling knife. LOL. Bad advice

thats not what hes saying

hes saying, realize you are not a god and there for cannot predict price movement, so dont try, just have a plan should it go lower.

Exactamente!!!!! The plan of investing while the price is going down does NOT need to be exactly how I described it b/c I quickly outlined a viable way to think about preparing for downward BTC price manipulations.

For example, I have had about $800 of BTC allocated in fiat for over a month, and I have been just waiting and waiting and waiting for when to buy with that $800. In about a week, I have another $2,000 coming in. That $800 will become $2800. I will probably buy about $1,400 with that, and just wait to see what happens regarding the other $1,400. I hate to run out completely of BTC allocated fiat - just in case the BTC price goes down some more.

'Twas a good read, gents. Thank you. I guess that I'll observe charts for a while and then I'll decide how much to spend on my first BTC order.

By the way, when there is quite a bit of increase volume and downward pressures, it may be good to wait to attempt to buy at a low point. A problem with this; however, is that the trend could reverse at any time and then downward turns into upward.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26633. (Read 26610970 times)