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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29909. (Read 26708842 times)

legendary
Activity: 1218
Merit: 1000
really bears?? thats all u got???

i was told  that there would be $500 coins, fuck you  Cool

Have some patience, $500 coins will be here within 30 days Cheesy
hero member
Activity: 910
Merit: 1003
Let me know if you find this useful. If so I will keep it available if not, also fine.
Nice chart, thanks! (Except that the colors of the lines are too similar, it is hard to tell which is which.)

May I ask how you got the Huobi price data?  (I have been downloading from bitcoincharts.com but they omit Huobi and OKCoin)

legendary
Activity: 2338
Merit: 1035
really bears?? thats all u got???

i was told  that there would be $500 coins, fuck you  Cool
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
agreed, if phrased like that. we're in a consolidation phase strongly leaning towards bear market, and only a select few uberbulls don't see it like that. but then again, as long as they hold and don't sell in the end, they're golden, the primary upwards trend will continue eventually
Not necessarily …

"From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all" - Jesse Livermore

 Cheesy


Sure. The first premise is you invested at most what you can afford to lose, and the second premise is that btc hasn't peaked out yet. And, frankly, you don't have to be an uber bull to agree that, probably, 1200 USD isn't the end of the capitalization event -- that is, assuming non-catastrophic news, like outright ban of btc, major cryptographic flaws, etc

the third premise is once bitcoin has "peaked out" ( never gonna happen... potential BTC/USD is limitless! ) you don't have to sell, you can save and spend in a currency that is deflationary.
legendary
Activity: 1470
Merit: 1007
agreed, if phrased like that. we're in a consolidation phase strongly leaning towards bear market, and only a select few uberbulls don't see it like that. but then again, as long as they hold and don't sell in the end, they're golden, the primary upwards trend will continue eventually
Not necessarily …

"From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all" - Jesse Livermore

 Cheesy


Sure. The first premise is you invested at most what you can afford to lose, and the second premise is that btc hasn't peaked out yet. And, frankly, you don't have to be an uber bull to agree that, probably, 1200 USD isn't the end of the capitalization event -- that is, assuming non-catastrophic news, like outright ban of btc, major cryptographic flaws, etc
legendary
Activity: 1246
Merit: 1000
I'd like to add I only agree with this quote if you invest all, or near all you have. And that is the case for many "bulls" here.

How many have swollen balances and barely taken out any profits even though their balances grew 10, 100, 1000 fold?

Is it? Or do you just assume this? I think plenty took out profit since the April crash and since December I'm sure a lot of them have been doing the same. It's always during these crashes that people who are sitting on huge profits suddenly wake up and start to make a plan to take out some of their profits or diversify or whatever so they can sleep well again. You can be sure this has been going on since the December crash, and it is still ongoing but I also think this phase is almost over now.
hero member
Activity: 1302
Merit: 502
I'd like to add I only agree with this quote if you invest all, or near all you have. And that is the case for many "bulls" here.

How many have swollen balances and barely taken out any profits even though their balances grew 10, 100, 1000 fold?

my guess is very few, I cashed in some profits at all kinds of prices, and its no secret i'm very bullish, but i'm poor.... so that might have somthing to do with it.

Go big or go home

Once your initial investment is recouped it's remarkably easier to hold through it all. Source: me
hero member
Activity: 812
Merit: 1000
I'd like to add I only agree with this quote if you invest all, or near all you have. And that is the case for many "bulls" here.

How many have swollen balances and barely taken out any profits even though their balances grew 10, 100, 1000 fold?

my guess is very few, I cashed in some profits at all kinds of prices, and its no secret i'm very bullish, but i'm poor.... so that might have somthing to do with it.

Go big or go home
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I'd like to add I only agree with this quote if you invest all, or near all you have. And that is the case for many "bulls" here.

How many have swollen balances and barely taken out any profits even though their balances grew 10, 100, 1000 fold?

my guess is very few, I cashed in some profits at all kinds of prices, and its no secret i'm very bullish, but i'm poor.... so that might have somthing to do with it.
member
Activity: 107
Merit: 10
I'd like to add I only agree with this quote if you invest all, or near all you have. And that is the case for many "bulls" here.

How many have swollen balances and barely taken out any profits even though their balances grew 10, 100, 1000 fold?

based on the old money that moved yesterday, a few less than a couple days ago.  Definitely some solid profit taking happening yesterday during the rundown.

https://blockchain.info/charts/bitcoin-days-destroyed-min-year

hero member
Activity: 812
Merit: 1000
Gox is buying, ATH is coming
N12
donator
Activity: 1610
Merit: 1010
I'd like to add I only agree with this quote if you invest all, or near all you have. And that is the case for many "bulls" here.

How many have swollen balances and barely taken out any profits even though their balances grew 10, 100, 1000 fold?
hero member
Activity: 812
Merit: 1000
agreed, if phrased like that. we're in a consolidation phase strongly leaning towards bear market, and only a select few uberbulls don't see it like that. but then again, as long as they hold and don't sell in the end, they're golden, the primary upwards trend will continue eventually
Not necessarily …

"From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all" - Jesse Livermore

 Cheesy

There would be no fun if you knew that you cant lose it all
N12
donator
Activity: 1610
Merit: 1010
agreed, if phrased like that. we're in a consolidation phase strongly leaning towards bear market, and only a select few uberbulls don't see it like that. but then again, as long as they hold and don't sell in the end, they're golden, the primary upwards trend will continue eventually
Not necessarily …

"From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all" - Jesse Livermore

 Cheesy
full member
Activity: 152
Merit: 100
With the big drop in prices (especially Gox) the last 24 hours I was wondering if all exchanges were changing at the same percentages, and if not how would they differ. Since comparing CNY with USD and BTC with LTC is a bit tricky (apples and pears etc) I made myself a chart containing indexed prices (check this wikipdia entry if you want to know more about indices: http://en.wikipedia.org/wiki/Price_index#Normalizing_index_numbers )

I used  02/06/2014 -- 4:00:00pm UTC as the index base. A bit arbitrary I know, but that was the moment I started collecting Huobi ticker data and I did want to include Huobi since it is one of the largest exchanges.

This chart will make it easy to compare multiple markets and their relative volatility. I found it useful myself, and since I already made it I thought why not share it :

http://charts-bfxdata.rhcloud.com/graphExchangeComparison.php

Let me know if you find this useful. If so I will keep it available if not, also fine.

cheers

Bjorn

legendary
Activity: 1078
Merit: 1441

Technical analysis is well known to be a false science .... keep reading the future in shit ...what an expert .. 5years of false science ? nice !

well known to be a false science... ok then lets call it an "art" instead....

Fact is, for what ever reasons if you are half good at TA, and have experience and sense to know and when to use it, and what its limitations are and you use it as just another tool, then it works a decent amount of times, enough to make it worth it!... even a bat shit crazy loon can see this... and NOTHING works all of the time, and nothing could otherwise there would not, there could not be a market as we know it!  

Using TA sure as hell beats just sticking your finger in the air and trying to guess the direction of the wind... and can be very useful in helping you access price movements, which is useful and important if you are short term trading... again, unless you think that justtotal  wild guess work and gut feelings will do for your entery and exit points etc ,  and if you do that is up to you... but as for trying to convince others that is the best way, the only way to help you choose entry and exit points? I think that is far from science too... also if it works for some people let them get on with it...    


hero member
Activity: 812
Merit: 1000
The most interesting thing about this crash is the side bet in the speculation forums for 2BTC that stamp/btc-e would go =<600$
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
881.62BTC   a minute ago   734.0 ^

wow he just hit market.  Cheesy
hero member
Activity: 504
Merit: 500
Moderator
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