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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29079. (Read 26706682 times)

legendary
Activity: 2772
Merit: 1028
Duelbits.com
Who panic bought?? Grin
I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.


wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.
This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.


no changes in supply, new 3600 coins hit the market every day.
Like I said you don't understand.  

-Change in supply to exchanges.
-Because people are buying OFF exchange.
-Change in supply because people aren't shorting anymore (and are covering shorts instead)
-Change in supply because no more goxcoins from builder.
-Other reasons


si, si.

I dont understand. good luck to ya, and your 570 buy.

Don't worry mate, if it goes up I'll order some stuff from you, need new TV and other stuff  Grin
hero member
Activity: 910
Merit: 1003
Can someone tell me is it about bitcoinwisdom or something I accidentally did when its like the resolution of btcwisdom changes?

The mouse wheel changes the horizontal resolution of the chart.
member
Activity: 87
Merit: 10
to be honest, I bought back, I lost few % on fees and price difference from my selling point at $570, sent coins to my wallet and I will have a break from trading for few weeks Wink

I feel you bro. I just bought when I saw this push to 600. It feels like I do need to stay away some weeks/months, HODLing on wallets (I'm bullish for 2014 end). Maybe if some recovery from mtgox i'll be back to some trading.
legendary
Activity: 1106
Merit: 1007
Hide your women
hero member
Activity: 728
Merit: 500
If it's a trap I should catch it if 1 day MACD goes down before 3 day MACD goes up, and not take too much of a loss, if any.
full member
Activity: 196
Merit: 100
Who panic bought?? Grin
I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.


wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.
This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.


no changes in supply, new 3600 coins hit the market every day.

Just out of curiosity - do they really? Do we know what percentage of new coins are sold immidiately vs held?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Don't you worry we will see 570 coins again.  And more.
hero member
Activity: 605
Merit: 500
BUT.. BUT.. You guys said we could buy cheap coins  Cry

They are cheap.

Says the mofo who probably bought them at 25 cents.

busted Grin

And panic sold the lot when it went to $1
legendary
Activity: 1232
Merit: 1011
Who panic bought?? Grin
I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.


wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.
This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.


no changes in supply, new 3600 coins hit the market every day.
Like I said you don't understand.  

-Change in supply to exchanges.
-Because people are buying OFF exchange.
-Change in supply because people aren't shorting anymore (and are covering shorts instead)
-Change in supply because no more goxcoins from builder.
-Other reasons


si, si.

I dont understand. good luck to ya, and your 570 buy.
legendary
Activity: 1470
Merit: 1007
Who panic bought?? Grin
I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.


wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.
This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.

Said it more than once, I'm still quite skeptical we broke the February downtrend, but the signs are there to at least give us a fighting chance.

That said, the lack of dumps so far isn't much of a point... during the early 2013 bubble/pop cycle, the reversal arguably started on July 7. Took until July 18 until some whale decided it's time to get out. So there's easily a bit of a lag possible. (btw, whatever that whale was doing, he never got a chance to buy back cheaper. he/she either cashed out, or bought back higher later on)
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Nobody should get proud on themselves yet. I bought some 50-60 coins in last half an hour but this is in no way clear where we are heading yet.

If you guys could just dump ltc/btc to 0.015-0.018 I couldn't care less what btc price is  Grin
hero member
Activity: 728
Merit: 500
Who panic bought?? Grin
I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.


wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.
This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.


no changes in supply, new 3600 coins hit the market every day.
Like I said you don't understand.  

-Change in supply to exchanges.
-Because people are buying OFF exchange.
-Change in supply because people aren't shorting anymore (and are covering shorts instead)
-Change in supply because no more goxcoins from builder.
-Other reasons
legendary
Activity: 1260
Merit: 1002
BUT.. BUT.. You guys said we could buy cheap coins  Cry

They are cheap.

Says the mofo who probably bought them at 25 cents.

busted Grin
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
BUT.. BUT.. You guys said we could buy cheap coins  Cry

They are cheap.

Says the mofo who probably bought them at 25 cents.
hero member
Activity: 672
Merit: 500
BUT.. BUT.. You guys said we could buy cheap coins  Cry

They are cheap.
legendary
Activity: 1232
Merit: 1011
Who panic bought?? Grin
I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.


wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.
This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.


no changes in supply, new 3600 coins hit the market every day.
hero member
Activity: 728
Merit: 500
BUT.. BUT.. You guys said we could buy cheap coins  Cry
You could have. I just didn't realize the deal would only last 6 hours.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
to be honest, I bought back, I lost few % on fees and price difference from my selling point at $570, sent coins to my wallet and I will have a break from trading for few weeks Wink
hero member
Activity: 605
Merit: 500
BUT.. BUT.. You guys said we could buy cheap coins  Cry
legendary
Activity: 2604
Merit: 1748
Who panic bought?? Grin

Er... I did a fair bit.  Had far too much fiat sitting at 450-550 waiting for dumps that don't look like coming too soon.

I was over 40% fiat - too much right now.

Now in 75% - Gox is as bad as everyone feared and the coins are gone, not destroyed, so are probably already in the market.

That is worst case scenario, and we are not crashing.    Gox seems over now. 

Time to move on.

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