Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28192.

Zule

member

Activity: 84

Merit: 10

Quote from: ShroomsKit_Disgrace on April 15, 2014, 05:01:53 AM

In this thread we can find good people with valuable tips and advices for noobs (and everybody) like Rampion, and at the same time we find complete assholes, borderlines like Shroomskit.

Isn't this beautiful?

Its more like when a fly gets in your soup.

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: dreamspark on April 15, 2014, 05:02:58 AM

Huobi over $500, rally re engaging!

...but, but, but my TA Sad

dreamspark

hero member

Activity: 798

Merit: 1000

Huobi over $500, rally re engaging!

ShroomsKit_Disgrace

legendary

Activity: 952

Merit: 1000

Yeah! I hate ShroomsKit!

In this thread we can find good people with valuable tips and advices for noobs (and everybody) like Rampion, and at the same time we find complete assholes, borderlines like Shroomskit.

Isn't this beautiful?

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: magicmexican on April 15, 2014, 04:56:43 AM

I dont really get how its possible to sell @399 and only start thinking about buying back today? You had a decent timing window not only to buy back at 0 loss, but even to make some bonus coins.

Although i don't buy anymore even i couldn't resist buying a few coins at 400. It's so funny to see people buying in just now.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

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

Quote from: magicmexican on April 15, 2014, 04:46:38 AM

Quote from: SlipperySlope on April 15, 2014, 04:30:31 AM

Bitcoin logistic model for 1 million USD maximum price . . .

https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c

Cheers man!

In my thinking, $100K would be more reasonable to project..

I understand that $1million is possible.. but to me that projection seems to be a bit too much.. given current considerations

Dr. LY

member

Activity: 90

Merit: 10

Quote from: magicmexican on April 15, 2014, 04:56:43 AM

I dont really get how its possible to sell @399 and only start thinking about buying back today? You had a decent timing window not only to buy back at 0 loss, but even to make some bonus coins.

All my coins were through coinbase. I was going to sign up for an exchange in Jan., but several people told me the exchanges were shady as hell (and what a forecast that turned out to be). Since it was through coinbase, I sold on Thursday night, and my cash hasn't hit my bank acct yet.

Rampion

legendary

Activity: 1148

Merit: 1018

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.

magicmexican

hero member

Activity: 812

Merit: 1000

1 week MacD, hm

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

BBmodBB

full member

Activity: 154

Merit: 100

BTC = FREEDOM IS OUR ONLY HOPE!

Quote from: Rampion on April 15, 2014, 04:57:42 AM

Quote from: Dr. LY on April 15, 2014, 04:52:17 AM

Either way, the money just became available in my account. So I'm going to take Rpietila's advice, because he knows better than I do through experience.

I will state the obvious again: do not take anybody's advice on when to sell or when to buy. Just invest what you can afford to lose, make a rational plan regarding profit taking at certain points, and stop looking at the charts.

buy buy buy !!! ;-) haha

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: Dr. LY on April 15, 2014, 04:52:17 AM

Quote from: dreamspark on April 15, 2014, 04:46:50 AM

Quote from: Dr. LY on April 15, 2014, 04:40:26 AM

I didn't panic sell. I chose a point at which to cut losses. $400 was the major support that everyone said would be a sign of a long-term down trend. So I set an alarm on my phone and told myself I would sell when that alarm went off, regardless of anything else, being tired of having had nothing but incredible losses over the last few months. I took the advice of the experienced traders on this forum. And it was right, for a day, until the PBOC suddenly decided "oops, just kidding that whole notice doesn't exist even though all these exchanges are limiting deposit options."

In other words, fuck off. Considering you're the asshole giving awful advice calling it "panic selling" when people sold at $600+ a month ago, I'm going to go ahead and pass on your advice.

Just to re iterate, your main problem was listening to people on the internet. You took the advice of traders on a forum who will always talk their book. The PBoC notice has never changed they have never said they were banning it and all they did was reiterate the banking rules and double confirm (for anyone still listening to people saying China is banning it) that a ban was not happening.

I respect your stop loss and its wise if this was an investment rather than wanting to have and use BTC but you cant blame people on a forum.

If your here to get rich then it burns to loose money but if your generally interested in BTC, buy back with an amount you can afford to loose and ride the waves and hodl. There are many around that sold out super low and never returned.

Believe me, the last thing I am doing is blaming anyone else. I am just trying to get a grasp on what the responsible choice is here. I have used BTC and have a small amount I used on day-to-day purchases.

Did I hope to make a profit when I bought more? Yes. Is that the "wrong reason?" I'm not sure, is it?

Either way, the money just became available in my account. So I'm going to take Rpietila's advice, because he knows better than I do through experience. And yes, I understand that its a risk and I could lose everything, and don't hold anyone else responsible for my decisions. I just was angry after holding through this entire downtrend, I sold right before the rally.

Okay fair enough, im not meaning to sound condescending just you can see the effects of listening to 'experienced traders' on a speculation forum.

Hoping that an asset you hold gains value, nothing wrong with hoping that.
Putting your life savings into one of the most volatile assets in history and hoping to get rich quick, thats the wrong attitude.

You still have a choice to make and that choice is entirely yours. Just perhaps this time be a bit more reasonable with the amount you invest and make sure it is what your prepared to loose. This is still a beta experiment.

ShroomsKit

hero member

Activity: 672

Merit: 500

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?

GameStarter

full member

Activity: 214

Merit: 100

+50% from the bottom with the exact same situation. hit the top of the trend.
Now i expect consolidation to 425/435

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Dr. LY on April 15, 2014, 04:52:17 AM

Either way, the money just became available in my account. So I'm going to take Rpietila's advice, because he knows better than I do through experience.

I will state the obvious again: do not take anybody's advice on when to sell or when to buy. Just invest what you can afford to lose, make a rational plan regarding profit taking at certain points, and stop looking at the charts.

TERA

hero member

Activity: 728

Merit: 500

Quote from: rpietila on April 15, 2014, 04:52:55 AM

Quote from: TERA on April 15, 2014, 04:37:22 AM

If Huobi goes back to 2900 today it's going to look really bad.

Why do you think so? Is there something in my "technical signals = manipulation" model that is implausible?

What exactly is so bad that a market recovers +50% from its low in a few days and then takes a breather, even shedding up to 61.8% of the gains if need be (going back to 405)? Or is this the "really bad" that you're calling? If so, I will call that if we go to 405 and stop there, it is REALLY GOOD and a sign the sub-400 will NEVER EVER be visited again. Although I anyway think so... Wink

Quote from: ?? on ??

... it is kind of ironic that all the assholes are the ones who end up shorting bitcoin ... the fastest rising monetary asset EVER ... they deserve it, they are welcome to it, meet your fate.

LOL

You are always refuting something I say 'based on my model' as if we've established some time in the past that I've agreed with your models.

magicmexican

hero member

Activity: 812

Merit: 1000

I dont really get how its possible to sell @399 and only start thinking about buying back today? You had a decent timing window not only to buy back at 0 loss, but even to make some bonus coins.

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: Dr. LY on April 15, 2014, 04:44:03 AM

Yes, because I don't know much about buying bitcoin, so I'm trying to learn from people more experienced than I am.

That's dangerous. a day trader and a long term holder may express different trading ideas, and they may both be right. if you take those both of those opinions in the wrong way, you can lose very efficiently. Listen to Rpietila, he is trusty and experienced, and not a day trader.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: ?? on ??

... it is kind of ironic that all the assholes are the ones who end up shorting bitcoin ... the fastest rising monetary asset EVER ... they deserve it, they are welcome to it, meet your fate.

This +10000

Anyhow, we had retards coming in here screaming they were shorting during all major downtrends since 2011. I remember the guy who was shorting with 5x leverage on plus500.... As soon as the price rallied up the guy just disappeared, probably lost everything.

You just DO NOT SHORT the fastest appreciating asset ever. Sure, volatility is high and thus downtrends go pretty deep, but compared to rallies downtrends are ridiculously tiny. I think the "shorters" are noobs moved by greed, they enter the market during a downtrend and they want to profit hard ASAP. They are just dumb, they do not understand that the potential profit of shorting is very small compared to the amount of risk given the historic exponential appreciation of Bitcoin.

Mervyn_Pumpkinhead

legendary

Activity: 876

Merit: 1000

This is one hell of a bulltrap. Really surprising that it got over 500.
The worst thing about this, is that with rapid rises like these, the fall won't be very rapid. The fall will be slow, boring and painful, so that everyone would stay hopeful and not sell. And the higher it went, means the longer it will take to come down again. But let's have the overly enthiusastic people have their moment here, where they can really believe that this is a trend reversal that just happened out of the blue.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28192. (Read 26710313 times)