Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28259.

Spaceman_Spiff

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Quote from: bitcoinsrus on April 11, 2014, 01:28:12 PM

Quote from: seleme on April 11, 2014, 01:25:48 PM

Must confess I wish I bought and kept some coins from yesterday Grin

I own a time machine and I will take you back to one time frame. 24 hours it is.....Although, you could have gone back to feb 11 2009 Undecided

Better yet, go back to 2008, try to get in touch with Satoshi (all the while being ready to start mining the shit out of bitcoin as soon it is released), only to realize after some unsuccesfull attempts.... YOU are Satoshi !

virtualfaqs

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Quote from: seleme on April 11, 2014, 01:28:46 PM

Quote from: bitcoinsrus on April 11, 2014, 01:28:12 PM

Quote from: seleme on April 11, 2014, 01:25:48 PM

Must confess I wish I bought and kept some coins from yesterday Grin

I own a time machine and I will take you back to one time frame. 24 hours it is.....You could have gone back to feb 11 2009 :/

Deal

That begs the question. What if Satoshi never invented BTC, would we still have something like it today?

Stevenrm87

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Holy hammer candle on the weekly.

dreamspark

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Quote from: magicmexican on April 11, 2014, 01:27:22 PM

Quote

That's because there wasn't an end to the China FUD clearly its still going... Can you answer yes to those two questions and no to the third?

What is your prediction then of the effect that Houbi OKCoin etc actually being unable to be deposited to? Im not saying this is going to happen but Jay asked is it possible we wont see below $400 again.

Honestly i have no clue, market could certainly go full retard dump mode, thats true.

I think as long as the China holds powers to control the market they will abuse it to the maximum potential, its too tempting too pass up.

Exactly, at least a week till we see the actual effects rather than what the market thinks will be the effect. A week more of Chinese ass raping is a long time and a lot of price movement in Bitcoin land.

seleme

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Duelbits.com

Quote from: bitcoinsrus on April 11, 2014, 01:28:12 PM

Quote from: seleme on April 11, 2014, 01:25:48 PM

Must confess I wish I bought and kept some coins from yesterday Grin

I own a time machine and I will take you back to one time frame. 24 hours it is.....You could have gone back to feb 11 2009 :/

Deal

bitcoinsrus

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Quote from: seleme on April 11, 2014, 01:25:48 PM

Must confess I wish I bought and kept some coins from yesterday Grin

I own a time machine and I will take you back to one time frame. 24 hours it is.....Although, you could have gone back to feb 11 2009 Undecided

chromosoma

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Quote from: ChrisML on April 11, 2014, 01:23:34 PM

Quote from: chromosoma on April 11, 2014, 01:17:21 PM

Bitcoin rises to fall again very soon. Maybe it is just an epic dump strategy before the chine exit? Wink

Just like your "overnight BTC dies" prediction.

Suck a dick.

It dies. I am still pretty sure it will, maybe we will see massive dump this night.
Chinese have still some time, so they can artificially increase price in order to exit with profit.

magicmexican

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Quote

That's because there wasn't an end to the China FUD clearly its still going... Can you answer yes to those two questions and no to the third?

What is your prediction then of the effect that Houbi OKCoin etc actually being unable to be deposited to? Im not saying this is going to happen but Jay asked is it possible we wont see below $400 again.

Honestly i have no clue, market could certainly go full retard dump mode, thats true.

I think as long as the China holds powers to control the market they will abuse it to the maximum potential, its too tempting too pass up.

seleme

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Duelbits.com

Must confess I wish I bought and kept some coins from yesterday Grin

aminorex

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Sine secretum non libertas

Quote from: minerpumpkin on April 11, 2014, 01:13:34 PM

Someone's desperately trying to keep the price below 430. Successfully, it seems...

Arbitrageurs would benefit as long as they can get supply at a discount to huobi. Many off-exchange deals are priced to bitstamp. This would justify price suppresion on stamp.

ChrisML

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Quote from: chromosoma on April 11, 2014, 01:17:21 PM

Bitcoin rises to fall again very soon. Maybe it is just an epic dump strategy before the chine exit? Wink

Just like your "overnight BTC dies" prediction.

Suck a dick.

dreamspark

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Quote from: magicmexican on April 11, 2014, 01:17:55 PM

Quote from: dreamspark on April 11, 2014, 01:13:00 PM

Quote from: JayJuanGee on April 11, 2014, 01:00:51 PM

I've been buying all along, and my latest buying point was around $390. I did NOT go all in at that point b/c I was anticipating that we would get another price drop on saturday or at least sometime between then and early sunday.. then, thereafter, the BTC prices would be heading upwards.

However, if we are heading upwards today, or this is a prolonged upward bull trap, then the saturday price drop may only bring us back to today's prices. It is so difficult to predict exactly if NOW is a good time to buy, or to wait a little. It is possible that we will NOT see below $400 anymore?

Ask yourself, is the China FUD over? Has anything changed from yesterday in regards to what we know? Is it likely that at some point either before or on the 18th there will be some news that sends us straight back into sub $400 territory even if only briefly. Discard the PBoC statement regarding them not banning bitcoin, everyone knew that anyway and certainly the people with the coin or cash to move the market definitely knew that.

I dont think this is a very solid approach, if i remember the december china crash correctly, the reversal wasnt based on some "positive news that puts an end to the china fud", its just kinda happened. I doubt we will see the proper "green light" this time either.

That's because there wasn't an end to the China FUD clearly its still going... Can you answer yes to those two questions and no to the third?

What is your prediction then of the effect on the market that Houbi OKCoin etc actually being unable to be deposited to? Or are we now of the belief that China doesn't matter anymore? Im not saying this is going to happen but Jay asked is it possible we wont see below $400 again.

Spaceman_Spiff

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Woke up this morning and realized I hardly put any bids where I though it was most likely to go ($350-360).

Sucks Angry

.

1) It might have been the "real" bottom. (maybe not, but it's a valid candidate imho) --> I didnt buy enough
2) With the little I bought, I don't wanna risk selling part of the trading stash on this bounce. --> I miss out on "if it goes back down, at least I'll have more coins"

podyx

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Quote from: chromosoma on April 11, 2014, 01:17:21 PM

Bitcoin rises to fall again very soon. Maybe it is just an epic dump strategy before the chine exit? Wink

DING DING DING, GOOD ANSWER MR. CHROMOSOMA!

YOU WIN BITCOINS ON A DISCOUNT PRICE OF THE UNBELIEVABLE 500 DOLLARS!!

Would you like to go for the grandprize of 700?

podyx

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Quote from: magicmexican on April 11, 2014, 01:11:59 PM

pro LTC trading from the trollbox, thats how you do it :

I feel sorry for innocent panic sellers, in a good way

One should help them Grin

magicmexican

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Quote from: dreamspark on April 11, 2014, 01:13:00 PM

Quote from: JayJuanGee on April 11, 2014, 01:00:51 PM

I've been buying all along, and my latest buying point was around $390. I did NOT go all in at that point b/c I was anticipating that we would get another price drop on saturday or at least sometime between then and early sunday.. then, thereafter, the BTC prices would be heading upwards.

However, if we are heading upwards today, or this is a prolonged upward bull trap, then the saturday price drop may only bring us back to today's prices. It is so difficult to predict exactly if NOW is a good time to buy, or to wait a little. It is possible that we will NOT see below $400 anymore?

Ask yourself, is the China FUD over? Has anything changed from yesterday in regards to what we know? Is it likely that at some point either before or on the 18th there will be some news that sends us straight back into sub $400 territory even if only briefly. Discard the PBoC statement regarding them not banning bitcoin, everyone knew that anyway and certainly the people with the coin or cash to move the market definitely knew that.

I dont think this is a very solid approach, if i remember the december china crash correctly, the reversal wasnt based on some "positive news that puts an end to the china fud", its just kinda happened. I doubt we will see the proper "green light" this time either.

chromosoma

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Bitcoin rises to fall again very soon. Maybe it is just an epic dump strategy before the chine exit? Wink

dreamspark

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Quote from: billyjoeallen on April 11, 2014, 01:09:44 PM

Who here has money in case there is a weekend dip or a retest of $340?? BTC may go to the moon from here and if so, awesome. I'll cash out my trading stash and reload from cold storage. But what if there's another dump? You have to be flexible in case the unexpected happens.

If you want to make money day trading and help the Bitcoin economy at the same time, you don't buy at the top of a 20% rally. Missing the train isn't any more of a risk at this point than missing the next dump. I usually consider Friday to be "idiot with a paycheck day" and do the opposite of what everybody else is doing. I'm looking for an opportunity to partially buy back in and this certainly isn't it.

A push back from $340 is a very good long term sign, but that doesn't mean there isn't $4K coins in sell orders to get us back to where we were two days ago.

Precisely, I actually agree with you for the first time in a week or so Wink

I've adjusted my position accordingly and can see it go up another couple hundred dollars till I have to buy back evens on the coins I sold. Thanks go to MagicMexican for convincing me to hold off on my sell order for another $30/BTC extra this morning Grin

hodl_2015

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Quote from: magicmexican on April 11, 2014, 11:51:43 AM

[...]

There are several factors why people do not daytrade :

1) They feel safer to have their coins in the coldstorage and not on the exchange - nothing wrong with that
2) They understand that trading is a serious deal, that you cant just jump in right into it and make money - nothing wrong with that
3) They have other job and its more profitable/comfortable for them to just focus on their job and buy more coins when the price is right - nothing wrong with that

4) Profit from investing is taxed differently from profit from day trading in some countries. (0% and and >40% in my case)
(I also pay an additional 1.2%/year property tax over my bitcoins, but that's peanuts)
5) some people trade through websites that provide instant exchange between national back accounts and BTC, but have a relatively high fee of 3 to 5%, both ways, making day trading too expensive.

HODL'ing (and buying 1 BTC or less, if the price drops more than $30 below my last buy).

minerpumpkin

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A pumpkin mines 27 hours a night

Someone's desperately trying to keep the price below 430. Successfully, it seems...

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