Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26706.

ShroomsKit

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Quote from: Davyd05 on July 21, 2014, 12:47:27 AM

Quote from: ShroomsKit on July 21, 2014, 12:20:08 AM

Looks like we're gonna drop under 620 again. Crazy Undecided

why is the trend of mid summer, crazy?

patience, perhaps a vacation Cheesy

But everybody told me we we're going to the moon mid summer. Now it's suddenly normal to go down instead?
I think someone needs to draw some lines quick to clear this up.

ChartBuddy

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Davyd05

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Quote from: ShroomsKit on July 21, 2014, 12:20:08 AM

Looks like we're gonna drop under 620 again. Crazy Undecided

why is the trend of mid summer, crazy?

patience, perhaps a vacation Cheesy

ShroomsKit

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Looks like we're gonna drop under 620 again. Crazy Undecided

Davyd05

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coil I say, coil.. and spring

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JerryCurlzzz

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ask walls are high, but that can change in an instant.

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camolist

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can we get back onto the path to the moon already Huh

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ChartBuddy

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empowering

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Agreed day tarding can be hazardous to your wealth.... especially on margin, and especially going short (BTC) on margin. These are things I NEVER do.

Personally though I could not give a hoot if the Wall street traders "clean up" they can look after themselves.

and I hope everyone here on this forum, gets out with as many BTC or $£ as possible and happy new year and good cheer to all I say. That goes for the chart readers, the point and guess "feels good to me" traders, day traders, the hodlers, the bulls and the bears, and even the pigs... the whales can look after themselves - oh and fud spreading market manipulators they can fuck off too.

justusranvier

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Quote from: dropt on July 20, 2014, 08:18:14 PM

That, coupled with the apparent inability for people to let their winners run caused him to speculate that if/when Wall Street level traders do show up, that the "day tradurrz" of BTC right now are going to get chewed the fuck up.

I can't wait.

Day tarding is just a bad idea in general.

JorgeStolfi

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Yesterday (Sunday Jul/21 UTC) Huobi's volume was only ~8.2 kBTC, their lowest daily volume since Nov/03 (just before the laas bubble, when they had been open for only 2 months).

OKCoin's volume was only ~12.8 kBTC. That is only a trifle higher than Feb/04 and Feb/05 (in the New Year holiday week) and than Jan/02 (when they started to again accept deposits by bank).

Maybe most of their their big traders have moved to the respective offshore exchanges (BitVC and OKCoin.com)?

ShroomsKit

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Quote from: dropt on July 20, 2014, 08:18:14 PM

Quote from: ShroomsKit on July 20, 2014, 07:39:41 PM

We went up 3 dollars so people have to take their 20 bucks profit you know.

I was just reading some garbage over on reddit that a self-described "non-professional" market trader with 25 years of experience posted. It blew his mind at how the people trading this market had no idea what they were doing. One point in specific, he noticed that people continue to want the price to crash so that they can "buy back in". That, coupled with the apparent inability for people to let their winners run caused him to speculate that if/when Wall Street level traders do show up, that the "day tradurrz" of BTC right now are going to get chewed the fuck up.

I can't wait.

Yup. I can't wait for the next bull run where all these people who keep dumping to make 50 bucks profit are forced to buy in with a loss. Where 2 months of trading and dumping is lost because we went up 100 dollars in 2 minutes.

hmmmstrange

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Quote from: dropt on July 20, 2014, 08:18:14 PM

Quote from: ShroomsKit on July 20, 2014, 07:39:41 PM

We went up 3 dollars so people have to take their 20 bucks profit you know.

I was just reading some garbage over on reddit that a self-described "non-professional" market trader with 25 years of experience posted. It blew his mind at how the people trading this market had no idea what they were doing. One point in specific, he noticed that people continue to want the price to crash so that they can "buy back in". That, coupled with the apparent inability for people to let their winners run caused him to speculate that if/when Wall Street level traders do show up, that the "day tradurrz" of BTC right now are going to get chewed the fuck up.

I can't wait.

Wall Street level traders have no idea how to use or make dinosaur charts properly.

adamstgBit

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Trusted Bitcoiner

dropt

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Quote from: ShroomsKit on July 20, 2014, 07:39:41 PM

We went up 3 dollars so people have to take their 20 bucks profit you know.

I was just reading some garbage over on reddit that a self-described "non-professional" market trader with 25 years of experience posted. It blew his mind at how the people trading this market had no idea what they were doing. One point in specific, he noticed that people continue to want the price to crash so that they can "buy back in". That, coupled with the apparent inability for people to let their winners run caused him to speculate that if/when Wall Street level traders do show up, that the "day tradurrz" of BTC right now are going to get chewed the fuck up.

I can't wait.

ChartBuddy

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