Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29687. (Read 26709943 times)

legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
It was a pretty easy turnaround for those interested.  That said, now that the price has come back to earth a bit after the quick jump up to 720ish, this is when things get interesting.  These are the times when imo it becomes difficult to gauge the market and predict which direction it's going to go.  Last night was childs play (in terms of making the smart move).  This is where the men separate themselves from the boys, being able to make the correct play right about now.

Unfortunately, I'm not sure I have any insight lol

Agreed, I have been doing fine trading so far (unfortunately, I always make my best trades when I am playing around with some spare dimes instead of putting in a larger proportion--> that's when I fail spectacularly), but right now I find it harder to making the call and feel "pretty sure" about it.  
Sentiment has come down quite a bit the past week, which was needed I think.
legendary
Activity: 896
Merit: 1000
Looks like the Parabolic SAR will change side today  Cheesy



uber bullish lol
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
When it gets boring for most people, this is when I find the market most interesting.

The stuff last night and this morning was fun, but it was predictable.  Most people paying attention bought through the 500's and then sold through the 600's/700's this morning (if you're into that kinda quick profit... or else you bought through the 600's and 500's and are holding).

It was a pretty easy turnaround for those interested.  That said, now that the price has come back to earth a bit after the quick jump up to 720ish, this is when things get interesting.  These are the times when imo it becomes difficult to gauge the market and predict which direction it's going to go.  Last night was childs play (in terms of making the smart move).  This is where the men separate themselves from the boys, being able to make the correct play right about now.

Unfortunately, I'm not sure I have any insight lol

Depends. Was the downward momentum interrupted or reversed? We will need new good news to keep going up. A fix from Gox, a new app, integration with some major product or company, etc. We would need real bad news, not just FUD, to go back down. Otherwise, we'll go sideways.

And screw you it was not child's play. It's easy to say that after the fact, but my net worth was down hundreds of thousands of dollars and shrinking by thousands more by the minute and I knew I should buy MORE, but was surrounded by fear and panic. Calling it child's play is insulting. The children were running, screaming and crying. The adults were buying when they felt like selling but thought differently than they felt. That's what adults do. They act on thoughts more than feelings.

Sorry to offend you, I meant in terms of rational thought, it was in fact childs play.  You say so yourself.  The rational decision was 100% to buy.

It may take some decent sized balls to put your money where your mouth is and actually do it, but I was more strictly speaking in terms of predicting the market.  It was easy to predict whereabouts to start buying during the plunge down and that it would slingshot back up (although I'll admit I fully underestimated just how high and started selling sooner than I would have liked, I still moved a decent amount over 700).  Just as it was pretty easy to see it would shift back down to where it is now after it rebounded so quickly.

All those calls were relatively easy imo.  Having the fortitude to stick with them may be a different story, but the calls themselves were practically punching people in the face if they were paying attention.

The "this is where the men separate themselves from the boy" comment was more referring to being able to properly see where the market is likely to go now, which imo is much less clear than the fun exciting movement of the previous 20ish hours.

In terms of gutchecks and being able to put emotion aside, yeah, the fast action certainly will test that.

I don't have any special insight there. This market seems to be slower to react to things than I am in frustratingly different rates and at different times. If there is no new good news this weekend, we will possibly drift to a low that is loosely around 600 before heading back up. There's really no way of knowing without knowledge of what developments in software, politics and finance will unfold. If you sold  a little over $700, standing pat seems as good a position as any.

Yes, some good news would be good about now.   Despite the dip in prices, bitcoin has again displayed its resilience after the massive inflow of bad news over the past week.  I feel like we are going to be sitting in the mid 600s for a bit with a few flash crashes and quick recoveries.  I am still bullish long term obviously, but I think people who predicted 10k in 2014 would have to revise their predictions..
sr. member
Activity: 280
Merit: 250
Ol' Gil is not worried, even if he bought in at 700$.
Ol' Gil sees that the price is going down very slowly, so it's not dangerous at all! Soon there will be an upwards wave and Ol' Gil will finally catch his big break with bitcoin investments!


LOL  Cheesy
full member
Activity: 140
Merit: 100
banned but not broken
Ol' Gil is not worried, even if he bought in at 700$.
Ol' Gil sees that the price is going down very slowly, so it's not dangerous at all! Soon there will be an upwards wave and Ol' Gil will finally catch his big break with bitcoin investments!
full member
Activity: 280
Merit: 100
John McClane is Bitcoin, and Bitcoin is John McClane.

Ya right, tell that to Chuck Norris.  Cheesy

I do not associate Chuck Norris with Die Hard, which Bitcoin has in common with Detective John McClane.

Chuck Norris I associate with invincibility, an inability to bleed and just general decimation of all enemies.

I associate him with getting his ass kicked by Bruce Lee and cheezy American TV.

That was not Chuck Norris. Those were characters he was pretending to be.

John McClane, on the other hand, is a more fitting mascot for Bitcoin.

I can think of several Bitcoin price charts where the titles, "Die Hard," "Die Harder," Die Hard with a Vengeance," "Live Free or Die Hard" etc would apply fittingly.
legendary
Activity: 1106
Merit: 1007
Hide your women
When it gets boring for most people, this is when I find the market most interesting.

The stuff last night and this morning was fun, but it was predictable.  Most people paying attention bought through the 500's and then sold through the 600's/700's this morning (if you're into that kinda quick profit... or else you bought through the 600's and 500's and are holding).

It was a pretty easy turnaround for those interested.  That said, now that the price has come back to earth a bit after the quick jump up to 720ish, this is when things get interesting.  These are the times when imo it becomes difficult to gauge the market and predict which direction it's going to go.  Last night was childs play (in terms of making the smart move).  This is where the men separate themselves from the boys, being able to make the correct play right about now.

Unfortunately, I'm not sure I have any insight lol

Depends. Was the downward momentum interrupted or reversed? We will need new good news to keep going up. A fix from Gox, a new app, integration with some major product or company, etc. We would need real bad news, not just FUD, to go back down. Otherwise, we'll go sideways.

And screw you it was not child's play. It's easy to say that after the fact, but my net worth was down hundreds of thousands of dollars and shrinking by thousands more by the minute and I knew I should buy MORE, but was surrounded by fear and panic. Calling it child's play is insulting. The children were running, screaming and crying. The adults were buying when they felt like selling but thought differently than they felt. That's what adults do. They act on thoughts more than feelings.

Sorry to offend you, I meant in terms of rational thought, it was in fact childs play.  You say so yourself.  The rational decision was 100% to buy.

It may take some decent sized balls to put your money where your mouth is and actually do it, but I was more strictly speaking in terms of predicting the market.  It was easy to predict whereabouts to start buying during the plunge down and that it would slingshot back up (although I'll admit I fully underestimated just how high and started selling sooner than I would have liked, I still moved a decent amount over 700).  Just as it was pretty easy to see it would shift back down to where it is now after it rebounded so quickly.

All those calls were relatively easy imo.  Having the fortitude to stick with them may be a different story, but the calls themselves were practically punching people in the face if they were paying attention.

The "this is where the men separate themselves from the boy" comment was more referring to being able to properly see where the market is likely to go now, which imo is much less clear than the fun exciting movement of the previous 20ish hours.

In terms of gutchecks and being able to put emotion aside, yeah, the fast action certainly will test that.

I don't have any special insight there. This market seems to be slower to react to things than I am in frustratingly different rates and at different times. If there is no new good news this weekend, we will possibly drift to a low that is loosely around 600 before heading back up. There's really no way of knowing without knowledge of what developments in software, politics and finance will unfold. If you sold  a little over $700, standing pat seems as good a position as any.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
Looks like the Parabolic SAR will change side today  Cheesy

member
Activity: 107
Merit: 10
When it gets boring for most people, this is when I find the market most interesting.

The stuff last night and this morning was fun, but it was predictable.  Most people paying attention bought through the 500's and then sold through the 600's/700's this morning (if you're into that kinda quick profit... or else you bought through the 600's and 500's and are holding).

It was a pretty easy turnaround for those interested.  That said, now that the price has come back to earth a bit after the quick jump up to 720ish, this is when things get interesting.  These are the times when imo it becomes difficult to gauge the market and predict which direction it's going to go.  Last night was childs play (in terms of making the smart move).  This is where the men separate themselves from the boys, being able to make the correct play right about now.

Unfortunately, I'm not sure I have any insight lol

Depends. Was the downward momentum interrupted or reversed? We will need new good news to keep going up. A fix from Gox, a new app, integration with some major product or company, etc. We would need real bad news, not just FUD, to go back down. Otherwise, we'll go sideways.

And screw you it was not child's play. It's easy to say that after the fact, but my net worth was down hundreds of thousands of dollars and shrinking by thousands more by the minute and I knew I should buy MORE, but was surrounded by fear and panic. Calling it child's play is insulting. The children were running, screaming and crying. The adults were buying when they felt like selling but thought differently than they felt. That's what adults do. They act on thoughts more than feelings.

Sorry to offend you, I meant in terms of rational thought, it was in fact childs play.  You say so yourself.  The rational decision was 100% to buy.

It may take some decent sized balls to put your money where your mouth is and actually do it, but I was more strictly speaking in terms of predicting the market.  It was easy to predict whereabouts to start buying during the plunge down and that it would slingshot back up (although I'll admit I fully underestimated just how high and started selling sooner than I would have liked, I still moved a decent amount over 700).  Just as it was pretty easy to see it would shift back down to where it is now after it rebounded so quickly.

All those calls were relatively easy imo.  Having the fortitude to stick with them may be a different story, but the calls themselves were practically punching people in the face if they were paying attention.

The "this is where the men separate themselves from the boy" comment was more referring to being able to properly see where the market is likely to go now, which imo is much less clear than the fun exciting movement of the previous 20ish hours.

In terms of gutchecks and being able to put emotion aside, yeah, the fast action certainly will test that.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
John McClane is Bitcoin, and Bitcoin is John McClane.

Ya right, tell that to Chuck Norris.  Cheesy

I do not associate Chuck Norris with Die Hard, which Bitcoin has in common with Detective John McClane.

Chuck Norris I associate with invincibility, an inability to bleed and just general decimation of all enemies.

I associate him with getting his ass kicked by Bruce Lee and cheezy American TV.
legendary
Activity: 1106
Merit: 1007
Hide your women
When it gets boring for most people, this is when I find the market most interesting.

The stuff last night and this morning was fun, but it was predictable.  Most people paying attention bought through the 500's and then sold through the 600's/700's this morning (if you're into that kinda quick profit... or else you bought through the 600's and 500's and are holding).

It was a pretty easy turnaround for those interested.  That said, now that the price has come back to earth a bit after the quick jump up to 720ish, this is when things get interesting.  These are the times when imo it becomes difficult to gauge the market and predict which direction it's going to go.  Last night was childs play (in terms of making the smart move).  This is where the men separate themselves from the boys, being able to make the correct play right about now.

Unfortunately, I'm not sure I have any insight lol

Depends. Was the downward momentum interrupted or reversed? We will need new good news to keep going up. A fix from Gox, a new app, integration with some major product or company, etc. We would need real bad news, not just FUD, to go back down. Otherwise, we'll go sideways.

And screw you it was not child's play. It's easy to say that after the fact, but my net worth was down hundreds of thousands of dollars and shrinking by thousands more by the minute and I knew I should buy MORE, but was surrounded by fear and panic. Calling it child's play is insulting. The children were running, screaming and crying. The adults were buying when they felt like selling but thought differently than they felt. That's what adults do. They act on thoughts more than feelings.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
That was the bottom of the bear market. I've seen it several times before and that's what it looked like.  You can quote me on that.

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

note: I sold the bounce and bought the DDOS dip too!!!!!



Could you tell by the pixels?
member
Activity: 107
Merit: 10
When it gets boring for most people, this is when I find the market most interesting.

The stuff last night and this morning was fun, but it was predictable.  Most people paying attention bought through the 500's and then sold through the 600's/700's this morning (if you're into that kinda quick profit... or else you bought through the 600's and 500's and are holding).

It was a pretty easy turnaround for those interested.  That said, now that the price has come back to earth a bit after the quick jump up to 720ish, this is when things get interesting.  These are the times when imo it becomes difficult to gauge the market and predict which direction it's going to go.  Last night was childs play (in terms of making the smart move).  This is where the men separate themselves from the boys, being able to make the correct play right about now.

Unfortunately, I'm not sure I have any insight lol
full member
Activity: 182
Merit: 100
somebody took a shit on stamp or what happend?

Someone trying to ride the waves. Risky business.

Well the upswing today was kinda big, I wouldn't be surprised if it goes down quite a bit again. Also it was like a 1k dump, I doubt someone is riding waves with that many coins in a chunk like that
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
You realize with what kind of troll we're dealing here ?

Not the sharpest wad of gum.
hero member
Activity: 924
Merit: 1000
somebody took a shit on stamp or what happend?

Someone trying to ride the waves. Risky business.
newbie
Activity: 42
Merit: 0
Life of Fonzie.
Chapter 1.
First Post:

Quote
Other / Beginners & Help / Re: Which coin to mine?    on: January 08, 2014, 05:28:57 PM
Dogecoin, what else?

You realize with what kind of troll we're dealing here ?
+ 1.
Fonzi has no coins. He just has no life so he lives an imaginary one where hes a pro BTC day trader.
legendary
Activity: 2338
Merit: 1035
somebody took a shit on stamp or what happend?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Life of Fonzie.
Chapter 1.
First Post:

Quote
Other / Beginners & Help / Re: Which coin to mine?    on: January 08, 2014, 05:28:57 PM
Dogecoin, what else?

You realize with what kind of troll we're dealing here ?
hero member
Activity: 504
Merit: 500
Moderator
@windjc

JUST LOOK AT THE CHARTS. SKY IS FALLING; AGAIN. OH MY GOD


  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
Jump to: