Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27679.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: meanig on May 21, 2014, 06:08:07 AM

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

Don't worry, we're definitely heading back down to the low 300s. Teratheterrible and Mattheshat said so and they wouldn't lie Cheesy

Confirmed, Having spoken with the CEO of Huobi and also the EU I have some interesting insider tips. Huobi will be closing after loosing ~600k BTC and the EU will also ban bitcoin every couple of days for 4 months. Sub $300 is possible Wink

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: GreekGeek on May 21, 2014, 05:48:46 AM

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

I apply this simple rule

how sure you feel this is the reversal/bottom/CCMF-begining ?

if you feel X% sure
then turn X% of your available fiat to bitcoins

for me X=25% now

This is good advice for someone who likes to take more balances positions than pretty much all in or all out.

Problem is if your a real bull or bear you would be buying/selling 90% of your fiat/BTC on most trades Cheesy

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Quote

I love this place.. "That's my advice" --> Don't listen to it!

hahaha its like the advice that confuses the alien computer at the end of a star trek episode

latoxine

newbie

Activity: 51

Merit: 0

Quote from: magicmexican on May 21, 2014, 06:18:15 AM

Quote from: Bronstad on May 21, 2014, 06:16:21 AM

you sir, are an artist.

Thanks, maybe i should be drawing dinosaurs for a living from now on.

Pimp dinosaurs ? Cheesy

flynn

hero member

Activity: 728

Merit: 540

Quote from: magicmexican on May 21, 2014, 05:54:57 AM

Quote from: flynn on May 21, 2014, 05:12:39 AM

there is clearly an urgent need for some dinosaurs

LOL

Thank you Sir. You saved the day !

There is definitely a correlation between Bitcoin's price and the number of dinosaurs in this forum

kehtolo

hero member

Activity: 707

Merit: 500

Quote from: KFR on May 21, 2014, 05:53:32 AM

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

"That's my advice.

Also, don't listen to anyone's advice on the Internet. Wink

"

I love this place.. "That's my advice" --> Don't listen to it!

magicmexican

hero member

Activity: 812

Merit: 1000

Quote from: Bronstad on May 21, 2014, 06:16:21 AM

you sir, are an artist.

Thanks, maybe i should be drawing dinosaurs for a living from now on.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

Just wait until someone tells you to buy. If it goes sour, blame him. If nobody shows up, and you loose, blame all the rest. It's brilliant, someone to blame in all cases.

Bronstad

member

Activity: 92

Merit: 10

Quote from: magicmexican on May 21, 2014, 05:54:57 AM

Quote from: flynn on May 21, 2014, 05:12:39 AM

there is clearly an urgent need for some dinosaurs

you sir, are an artist.

Asrael999

hero member

Activity: 703

Merit: 502

Quote from: KFR on May 21, 2014, 05:53:32 AM

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

Most of my smart chums that were still waiting on the sidelines bought in at approx. $420 in the belief that it wouldn't go much lower, if at all.

Do not invest more than you can afford to lose. If you should decide to invest anything at all, buy it and hold it. At some point you'll (probably and hopefully) have enough value to sell some, recoup your original fiat investment and retain a little coin as a long term investment. Do not watch the charts every day and do keep your emotions in check. If you're not a regular trader, charts can be very dangerous and very false friends. Buy, hold, sell a bit when you can and keep some for the future.

That's my advice.

Also, don't listen to anyone's advice on the Internet. Wink

particularly on this forum on the internet.

meanig

hero member

Activity: 531

Merit: 501

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

Don't worry, we're definitely heading back down to the low 300s. Teratheterrible and Mattheshat said so and they wouldn't lie Cheesy

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

magicmexican

hero member

Activity: 812

Merit: 1000

Quote from: flynn on May 21, 2014, 05:12:39 AM

there is clearly an urgent need for some dinosaurs

KFR

hero member

Activity: 560

Merit: 500

Per ardua ad luna

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

Most of my smart chums that were still waiting on the sidelines bought in at approx. $420 in the belief that it wouldn't go much lower, if at all.

Do not invest more than you can afford to lose. If you should decide to invest anything at all, buy it and hold it. At some point you'll (probably and hopefully) have enough value to sell some, recoup your original fiat investment and retain a little coin as a long term investment. Do not watch the charts every day and do keep your emotions in check. If you're not a regular trader, charts can be very dangerous and very false friends. Buy, hold, sell a bit when you can and keep some for the future.

That's my advice.

Also, don't listen to anyone's advice on the Internet. Wink

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: thezerg on May 20, 2014, 09:18:00 PM

Yeah, IMO you aggressive bulls are jumping the gun here. We popped a bit which caused wavering fence sitters to freak out and buy. We'll consolidate here for a bit, and hopefully trickle up for a month... this price action will start convincing the larger players and the media that the next run is coming. But I don't think its bubble time, instead compare it to the rebound from 2 to 4+ (in early 2012).

Great way of putting it.

I'm more optimistic than I have been in more than a month, but I'm puzzled when I see senior and hero members talk about the next ATH rally after we just broke the first line resistance, one of many more that we need to go through, complete with many more chances to retrace (and flatline) again for long stretches of time.

latoxine

newbie

Activity: 51

Merit: 0

Are we waiting for bad news that could bring down prices ?

GreekGeek

hero member

Activity: 577

Merit: 500

Jesus was a (Goddamn) hippy socialist

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

I apply this simple rule

how sure you feel this is the reversal/bottom/CCMF-begining ?

if you feel X% sure
then turn X% of your available fiat to bitcoins

for me X=25% now

michaelGedi

sr. member

Activity: 364

Merit: 250

"to be or not to be, that is the bitcoin"

yeah buying at $450 or below would have been a better plan... what is the likelyhood of it going back down that way again? Feels slim... and I've not even been following the discussion charts.

I bought back in at $575 at my lowest because I got impatient.

You've been very patient, just don't be too patient. Ultimately the choice is yours, but I've been telling my brother to buy since we hit $500.

If the predictions of anything above the last all time high are correct, well, to buy anytime now is potentially good for you really.

kehtolo

hero member

Activity: 707

Merit: 500

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

I'm not telling you to buy or sell..

I think this IS a/the breakout.
More confirmations required to confirm reversal. We need to stay above $550 in my opinion for reversal confirmation.
Though it would appear the downtrend is in fact broken.

A better time to buy would have been at $400-$430..

If momentum continues right through June.. we'll e over $600 by then. So, ask yourself.. what is the entry point you are looking for?

latoxine

newbie

Activity: 51

Merit: 0

Quote from: simtal on May 21, 2014, 05:32:59 AM

Does anyone think that now is a good idea to buy? Ive waited for a few months like I was told and now this has reverse?

Welcome to the club...I've waited like you, a good advise I've received here was that whatever you choose, it is Your choice...

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