Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28191.

TakeTheSkyRoad

full member

Activity: 173

Merit: 100

Quote from: TERA on April 15, 2014, 05:20:45 AM

I think I'm going to do my first ever ignore on here and ignore ShroomsKit. I have said in the past I would never do one at all. But it is so annoying every time I make a post he says something about my position. He can't get it through his head that I make posts to be social and it has nothing to do with my position and I don't even believe I have the ability to effect this market at all. I have told him about it several times.

Think I'm joining you though he might have already ignored me for quoting someone he didn't like weeks ago.
He will be joining 2 other people including mah87 so he can join the trolls he is fond of complaining about lol

Smug disdain for those less fortunate is never nice.

Dr. LY

member

Activity: 90

Merit: 10

Quote from: TakeTheSkyRoad on April 15, 2014, 05:22:37 AM

Quote from: Dr. LY on April 15, 2014, 05:17:26 AM

Back in. I'm ready to see some rockets.

Now walk away and come back in a year or two.
The speculating over the long term is always the best way with a very volatile currency/stock.

I'm partly telling myself here since while chasing the *bottom* I missed the actual bottom and have subsequently lost all the hard-fought gains I made in the last couple of months *sigh*
Also I bought in back in December/January.... well above $700 lol

Main thing I've learned: the pain of watching it rise while out of it was far, far, far worse than watching it sink while holding.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Dr. LY on April 15, 2014, 05:17:26 AM

Back in. I'm ready to see some rockets.

Good luck this round. I hope you make your money back.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: TERA on April 15, 2014, 05:20:45 AM

I think I'm going to do my first ever ignore on here and ignore ShroomsKit. It is so annoying every time I make a post he says something about my position. He can't get it through his head that I make posts to be social and it has nothing to do with my position and I don't even believe I have the ability to effect this market at all. I have told him about it several times.

I have to back TERA a bit here. Everyones so quick to jump on her back at everything she says yet is one of the few posters who make real predictions and tell your their moves and positions in real time. I personally want to say thanks for the intersting material as it is far more insightful than just saying 'sheep' to everything.

TakeTheSkyRoad

full member

Activity: 173

Merit: 100

Quote from: Dr. LY on April 15, 2014, 05:17:26 AM

Back in. I'm ready to see some rockets.

Now walk away and come back in a year or two.
The speculating over the long term is always the best way with a very volatile currency/stock.

I'm partly telling myself here since while chasing the *bottom* I missed the actual bottom and have subsequently lost all the hard-fought gains I made in the last couple of months *sigh*
Also I bought in back in December/January.... well above $700 lol

Dr. LY

member

Activity: 90

Merit: 10

Quote from: MikeH on April 15, 2014, 05:19:17 AM

Quote from: Dr. LY on April 15, 2014, 03:33:08 AM

Then everyone said if it broke 400 we were screwed and there was NO good news from China at all so I sold at 399.

unfortunately a lot of people lose btc by trying to gauge sentiment here before realising most posts are just random gibberish and those that post those things usually don't believe it themselves.

you've taken a hit but you'll recover, just remember to only trade with a portion of your btc (or just hold) so you can be patient and not freak out at sudden movements.

There were a lot of fancy charts and lines and people with autistic math friends Wink

I've learned my lesson.

Hen0xyd

member

Activity: 87

Merit: 10

On Huobi 3100 to 3300 ask side is getting raped !

Edit : Partly Rebuilt.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: JorgeStolfi on April 14, 2014, 02:21:33 PM

(...)
LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
(...)
d) In 2014, price will visit below 400 = 80%
e) In 2014, price will visit above 500 = 30%
f) In 2014, price will visit above 750 = 5%
(...)

Well, I think somebody will just prove their deep lack of understanding of economics and human psychology in the next few weeks/months/years.

I for one going to keep the above quotes on hand.

TERA

hero member

Activity: 728

Merit: 500

I think I'm going to do my first ever ignore on here and ignore ShroomsKit. I have said in the past I would never do one at all. But it is so annoying every time I make a post he says something about my position. He can't get it through his head that I make posts to be social and it has nothing to do with my position and I don't even believe I have the ability to effect this market at all. I have told him about it several times.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: Rampion on April 15, 2014, 05:00:33 AM

Now, show me a post by a hero member saying he is shorting. Find someone? No one. The ones who did in the past (Moonshadow and his shorting during 2011 comes to mind) admitted they faced such losses they will never short BTC again.

... yeah. Bitcoin has ended the trading days of many, it is market like none other. I just can't fathom how people can expect to master this beast enough to short ... I guess there's always some foolhardy cowboys ready to saddle up the wildest of animals.

Just buy as cheap as possible and be thankful you got in when you did.

MikeH

sr. member

Activity: 406

Merit: 250

Quote from: Dr. LY on April 15, 2014, 03:33:08 AM

Then everyone said if it broke 400 we were screwed and there was NO good news from China at all so I sold at 399.

unfortunately a lot of people lose btc by trying to gauge sentiment here before realising most posts are just random gibberish and those that post those things usually don't believe it themselves.

you've taken a hit but you'll recover, just remember to only trade with a portion of your btc (or just hold) so you can be patient and not freak out at sudden movements.

Dr. LY

member

Activity: 90

Merit: 10

Back in. I'm ready to see some rockets.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: BTCfan1 on April 15, 2014, 05:08:55 AM

shooting up now!

I thought silk road was closed?

TERA

hero member

Activity: 728

Merit: 500

Quote from: ShroomsKit on April 15, 2014, 04:59:44 AM

Tera: "if 2900 then horrible disaster blah going down blah blah end of Bitcoin".

Yaaawn
You missed the train again. Get over it and learn from your mistakes for once. It's the same shit every single time. Don't you see a pattern here?

I did not miss the train... I covered at 340, bought at 420, and added at 470. Currently I am 60% btc if you count cold storage and will be adding more on a 3 day macd cross.

I have never said "the end of bitcoin".

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: JimboToronto on April 15, 2014, 05:09:08 AM

Quote from: Mythul on April 15, 2014, 04:24:30 AM

OMG. Ive never seen such a one day rally !

LOL Good one.

Seriously, it's nice to see Bitcoin back on track.

It's beginning to feel like spring of 2011, winter of 2013 or autumn of 2013 again.

Time to dust off those log charts and start looking upward.

I do agree. Back on track indeed and I would say we will see new top in a week if this rise will not stop.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: Rampion on April 15, 2014, 05:00:33 AM

Now, show me a post by a hero member saying he is shorting. Find someone? No one. The ones who did in the past (Moonshadow and his shorting during 2011 comes to mind) admitted they faced such losses they will never short BTC again.

+2 LMAO

Cassius

legendary

Activity: 1764

Merit: 1031

Quote from: TERA on April 15, 2014, 04:50:51 AM

Quote from: Cassius on April 15, 2014, 04:48:05 AM

Quote from: chessnut on April 15, 2014, 04:39:29 AM

Quote from: Cassius on April 15, 2014, 04:34:22 AM

Quote from: Jomppe on April 15, 2014, 04:27:39 AM

If I am not mistaken, this run will take Bitcoin all the way to 6500-7000 USD (based on how it rose last bull run from 60 to around 1200).
There might be some flashcrashes on the way but the major correction will come when the price is at the range of 6500-7000 USD.
I have been buying coins and even today I made a fiat transfer to Bitstamp so fresh cash is on the way. I still have significiant cash reserves to push the coin higher if it is necessary. Right now I do not recommend to short. The odds are that the price will go pretty high. Who am I to stop BTC running even towards 10 000 USD?

That is one heck of an assumption and the thinking that lies behind every speculative bubble in history.
I'm not going to put a ceiling price on bitcoin, but I won't make assumptions like that either!

yeah lol.... cant trust fools to buy when it's cheap..... and you cant trust them to stop buying when it's expensive! mania knows no ceilings.

The strangest/funniest thing is the change in sentiment from just 2 days ago. It's like a bipolar switch. Bam... and it's a bull market.

It means most likely it's a bull trap, and people are all exuberant because they've taken their longs already.

I meant "Bam... and suddenly [people are assuming] it's a bull market."
I won't call it either way myself but wouldn't be surprised if there was a big pullback.

magicmexican

hero member

Activity: 812

Merit: 1000

dreamspark

hero member

Activity: 798

Merit: 1000

I want to take this chance to show a perfect demonstration of why you must be carful with lagging indicators.

TERA posted a chart a few days ago quite rightly showing that the 1w ema had crossed. If you sold at that point it was just above $400.

Now look at the 1 week ema and see how lagging indicators can really burn you and you should never use just a lagging indicator to make your moves.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

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

Quote from: Cassius on April 15, 2014, 04:48:05 AM

Quote from: chessnut on April 15, 2014, 04:39:29 AM

Quote from: Cassius on April 15, 2014, 04:34:22 AM

Quote from: Jomppe on April 15, 2014, 04:27:39 AM

If I am not mistaken, this run will take Bitcoin all the way to 6500-7000 USD (based on how it rose last bull run from 60 to around 1200).
There might be some flashcrashes on the way but the major correction will come when the price is at the range of 6500-7000 USD.
I have been buying coins and even today I made a fiat transfer to Bitstamp so fresh cash is on the way. I still have significiant cash reserves to push the coin higher if it is necessary. Right now I do not recommend to short. The odds are that the price will go pretty high. Who am I to stop BTC running even towards 10 000 USD?

That is one heck of an assumption and the thinking that lies behind every speculative bubble in history.
I'm not going to put a ceiling price on bitcoin, but I won't make assumptions like that either!

yeah lol.... cant trust fools to buy when it's cheap..... and you cant trust them to stop buying when it's expensive! mania knows no ceilings.

The strangest/funniest thing is the change in sentiment from just 2 days ago. It's like a bipolar switch. Bam... and it's a bull market.

Yeah.. changes in prices, and also some of my additional buying of BTC has taken me from 45% in the red to 17% in the red (on paper) in a mere 5 days.... It is almost in my vision to be in the black again.. Maybe even HODLin will accomplish getting in the black. I could attempt some trades, but that would probably make matters worse.. HODL... seems the best approach for the moment.

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