Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28296.

ParabellumLite

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Quote from: hdbuck on April 10, 2014, 07:24:35 PM

WHO THE HELL IS STILL SELLING??!!!!

1) Supporters that have lost all faith in Bitcoin and don't want to catch the falling knifes anymore;
2) Miners, that want to get rid of their accumulated coins;
3) Whales that are trying to manipulate the price downwards;
4) Mt. Gox hackers.

David M

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I'm a buyer at $345 on stamp.

TeeBone

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Quote from: hdbuck on April 10, 2014, 07:24:35 PM

WHO THE HELL IS STILL SELLING??!!!!

Everybody.

Didnt get the memo ?

chessnut

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Quote from: ampere9765 on April 10, 2014, 07:23:13 PM

Quote from: chessnut on April 10, 2014, 07:19:02 PM

Unexpected events unfold the same during panic selling. I bought at 475 the last time unexpected news crashed the market. now I have the same signal. Five waves have unfolded and I am expecting a rally to cerca 2500. should consolidate for hours If I am correct.

Yeah but then we went to 416. Before bouncing and falling to current levels.

It marked the beginning of a consolidation, that took us up to 530 on BFX. thats a $70 reaction. I am a day trader, I never promised a bottom. I made good money from that move. note I never promised a bottom in this post either.

billyjoeallen

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Hide your women

Quote from: porcupine87 on April 10, 2014, 07:05:53 PM

Quote from: billyjoeallen on April 10, 2014, 07:03:00 PM

Mining is no big deal issue. Half of all miners loose money. The difficulty will simply drop. It's happened before.

No! Why should the hashrate drop? Because they want to lose even more money?

Successful miners mine at a loss 90% of the time. That last 10% of the time, they make 20X% profits. That's the way it works. It's the long game. The smart ones lock in operating expenses for years or donate to the Cause knowingly. The WANT difficulty to rise to the point that only they can continue to mine at all, much less mine profitably. Then they have cornered the market. It's not different incentive-wise to me wanting to die with the most coins.

hdbuck

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WHO THE HELL IS STILL SELLING??!!!!

MinermanNC

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Quote from: ?? on ??

Quote from: MinermanNC on April 10, 2014, 07:19:17 PM

This all reminds me of a hurricane, everyone knows its coming but not sure how much they should prepare for it, and whether or not they should stay or leave, until its on them and to late Undecided

Then your simply trapped and ride it out and hope for the best" then the sun comes back out, you clean up the mess and move on again until next time..... such is bitcoin

Yep, trick part is u don't know if u gonna lose ur house or not

Very true, much less your ass lol
EDIT: I'm sure many in here are loosing there asses right about now....

ampere9765

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Quote from: chessnut on April 10, 2014, 07:19:02 PM

Unexpected events unfold the same during panic selling. I bought at 475 the last time unexpected news crashed the market. now I have the same signal. Five waves have unfolded and I am expecting a rally to cerca 2500. should consolidate for hours If I am correct.

Yeah but then we went to 416. Before bouncing and falling to current levels.

AngelSky

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Quote from: sonofliberty on April 10, 2014, 07:17:25 PM

https://www.youtube.com/watch?v=pWJkpdXmjqY

MinermanNC

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This all reminds me of a hurricane, everyone knows its coming but not sure how much they should prepare for it, and whether or not they should stay or leave, until its on them and to late Undecided

Then your simply trapped and ride it out and hope for the best" then the sun comes back out, you clean up the mess and move on again until next time..... such is bitcoin

chessnut

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Unexpected events unfold the same during panic selling. I bought at 475 the last time unexpected news crashed the market. now I have the same signal. Five waves have unfolded and I am expecting a rally to cerca 2500. should consolidate for hours If I am correct.

EDIT. If this is correct, we are unlikely to pass 2100 today.

slapper

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Leading Crypto Sports Betting & Casino Platform

Always remember, those who yell HODL, aren't necessarily hodling, they just give the impression they are, in order for them to dump at the higher prices. Learnt this the hard way with altcoin trading.

sonofliberty

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Market Integration Platform

https://www.youtube.com/watch?v=pWJkpdXmjqY

greenlion

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Quote from: porcupine87 on April 10, 2014, 06:56:34 PM

Quote from: mmitech on April 10, 2014, 06:53:44 PM

Miners are screwed, it is like 450 wasnt enough unprofitable, now they have to deal with 350 Cheesy

ASICs are only good for mining and electricity costs are marginal. So they can only mine and hope for better times

It's not at all marginal, if you max out a typical home 1440 watt line @ a US average rate of 0.15/kwatthr your cost is about $5.18 per day.

ampere9765

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Quote from: porcupine87 on April 10, 2014, 07:04:34 PM

Quote from: seleme on April 10, 2014, 06:56:08 PM

That was perfect Fib retracement on Bitstamp.

This is so arbitrary. It just depends were you set the low and high point.

Yeah. Choosing the correct low and high point makes it not arbitrary. At all

You can only bash TA methods if they arent predictive. There are plenty of questionable ones. Well fib levels are just about the most predictive possible tool in the entirety of methods

UnDerDoG81

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Quote from: ?? on ??

I am going down with this ship

Goodbye $25 grand Undecided

Hence your beliefs in impossible highs and rally's. I feel sorry for you though. Where did you buy?

$100 the first time

$440 the second time

still have some faith though

Thats no loss men, I bought @790 and @685 Cheesy

I know we will see new ATH´s so I can only laugh about all. I was in panic 20 mins ago but I would never sell to that low price. Instead of sell with that loss I play the game and go down with this ship as you said...

slapper

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Quote from: FlyingLotus on April 10, 2014, 07:13:59 PM

Feel sorry for you guys in despair at the moment..

If you still believe in the utility of BTC then stay strong I guess

Why cant you "utilize" with an altcoin that is not necessarily taking you to fiat moon but actually doing what satoshi's paper explained to do?

seleme

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Duelbits.com

Quote from: porcupine87 on April 10, 2014, 07:04:34 PM

Quote from: seleme on April 10, 2014, 06:56:08 PM

That was perfect Fib retracement on Bitstamp.

This is so arbitrary. It just depends were you set the low and high point. And all the other lows are not not pefect. They are just somewhere between. That what you would expect with randomness...

You set fibs from low to end of one impulse wave. It's big range but that's where I posted it.

Davyd05

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