Based on my technical analysis that spans 5 days in length, we are CERTAIN to have a rally this weekend as per all previous weekend.
another internet engineer
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30404. (Read 26712359 times)
January 10, 2014, 03:28:09 AM
another internet engineer
January 10, 2014, 03:26:55 AM
This all from a 30-day chart. So I'd say we have about a day or two more max before we move up with any significance -- and break out the choo choo memes -- again.
I've got 3 computers generating CHOO CHOO memes 24/7. You thinks that's enough?
Wow, 3 computers. You still haven't figured out that the amount of computers means nothing?
If you wanna be taken seriously speak in kilomemes / second like everybody else, please.
I've surpassed kilomemes the amount of memes i generate cannot be named by any number.
January 10, 2014, 03:17:51 AM
Perhaps I'm too conservative in my trading account. ::shrug::
edit: time out. -e is on the move.
edit: time out. -e is on the move.
probably not.. high fees on my exchange.. doesn't allow for good swing trading
January 10, 2014, 03:13:35 AM
Perhaps I'm too conservative in my trading account. ::shrug::
edit: time out. -e is on the move.
edit: time out. -e is on the move.
January 10, 2014, 03:08:38 AM
As to the other bearish sentiment why so afraid? we're up $30 bucks since last Friday.. a reasonable gain probably would've been higher had we not over shot so hard last weekend.
Not afraid at all. I'm uncertain of the short term direction, so 50-50.
One must consider the effect that the FUD merchants can have on the newly initiated members of the 'trade bitcoins' population.
FUD defined:
1. Fear, Uncertainity, Doubt.
2. F'd Up Data
Your choice.
The fundamentals all point to long term increases. My cold storage wallet believes that to be true. My trading account is a different story.
well, where I trade I had to have sold near 999-954 to make anything worth the risk of trading ...I watch the 295 coin wall go buy in a single woosh and said shucks should've been greedy
but I still don't even see reason to remain bearish on the short term direction.I think today's sell offs align with the panic of 51% attack news, overstock type news will take a couple days to set in as it hit on Thursday.
January 10, 2014, 03:02:39 AM
January 10, 2014, 03:01:59 AM
Enjoy your deflating currency.
What happened, did you lose some coins?
January 10, 2014, 02:56:22 AM
You could very well be right. However, if r/bitcoin jumps on another hot rumor it could just as easily, perhaps more easily, go down.
One thing I have noticed in the media storm is that there are agendas flying around everywhere.
Example: the pairing of bitcoin with Libertarianism. Infusing bitcoin with this external, incidental aspect can isolate (insulate) a lot of people from bitcoin.
Another agenda: defend the gold standard.
And another: defend the current monetary system and all those who stand to gain from a demise of bitcoin.
Basically bitcoin has pissed off a lot of people, let alone the Chinese Communist Party, political power in India, and elsewhere. Singapore is ok as long as they can tax it. Again, allegiance to fiat.
I wish people could simply see the benefits that bitcoin has to offer them and not react out of fear.
So, I take all the hating on bitcoin with a grain of salt.
Well said.
Thank you!
Re-posted on reddit http://www.reddit.com/r/Bitcoin/comments/1uvain/hating_on_bitcoin/
Meanwhile... hodl advisory in effect.
January 10, 2014, 02:55:05 AM
As to the other bearish sentiment why so afraid? we're up $30 bucks since last Friday.. a reasonable gain probably would've been higher had we not over shot so hard last weekend.
Not afraid at all. I'm uncertain of the short term direction, so 50-50.
One must consider the effect that the FUD merchants can have on the newly initiated members of the 'trade bitcoins' population.
FUD defined:
1. Fear, Uncertainity, Doubt.
2. F'd Up Data
Your choice.
The fundamentals all point to long term increases. My cold storage wallet believes that to be true. My trading account is a different story.
January 10, 2014, 02:54:07 AM
time to test support levels is it ?
yes
and
i'm ready, i was born ready!
What is your target @ stamp adam ?
i start buying at 700, i go ape shit at 650
Thats it? You think we have resistance at 700 to 650?
I was thinking closer to 550.
I wish you luck sir. Don't miss the train.
For what little I am able to buy at the moment, I would rather take the risk.
I think the suggestion regarding dollar cost averaging is a good one. I got mine in a similar way. Each month I bought a fixed quantity at what I considered a reasonable price. Usually it was at the beginning of the month but sometimes I would delay my purchase if the price seemed to be trending down. Occasionally I got caught out and bought higher but I still accumulated some each month. Alternatively you could spend half your fiat (or 25% or some other percentage you feel comfortable with) when you see a reasonable dip to get your foot back in the door and with the remainder you could place other bids all the way down to 550. Then you will still make some gains if the trend rises and will have fiat handy to go back all in if circumstances look really good
January 10, 2014, 02:53:33 AM
Based on my technical analysis that spans 5 days in length, we are CERTAIN to have a rally this weekend as per all previous weekend.
January 10, 2014, 02:52:56 AM
You could very well be right. However, if r/bitcoin jumps on another hot rumor it could just as easily, perhaps more easily, go down.
One thing I have noticed in the media storm is that there are agendas flying around everywhere.
Example: the pairing of bitcoin with Libertarianism. Infusing bitcoin with this external, incidental aspect can isolate (insulate) a lot of people from bitcoin.
Another agenda: defend the gold standard.
And another: defend the current monetary system and all those who stand to gain from a demise of bitcoin.
Basically bitcoin has pissed off a lot of people, let alone the Chinese Communist Party, political power in India, and elsewhere. Singapore is ok as long as they can tax it. Again, allegiance to fiat.
I wish people could simply see the benefits that bitcoin has to offer them and not react out of fear.
So, I take all the hating on bitcoin with a grain of salt.
it has been always like that, they laugh at you, then they start taking you seriously, then they fight you, then you win, and we are between the 2-3rd stage, now they take us seriously and they started fighting us but we will win this year
January 10, 2014, 02:52:25 AM
Everyone ready for the weekend rally??
Oh Yeah!!!
January 10, 2014, 02:50:43 AM
Everyone ready for the weekend rally??
This all from a 30-day chart. So I'd say we have about a day or two more max before we move up with any significance -- and break out the choo choo memes -- again.
I've got 3 computers generating CHOO CHOO memes 24/7. You thinks that's enough?
That is ok but are they sha256 or scrypt?
This all from a 30-day chart. So I'd say we have about a day or two more max before we move up with any significance -- and break out the choo choo memes -- again.
I've got 3 computers generating CHOO CHOO memes 24/7. You thinks that's enough?
That is ok but are they sha256 or scrypt?
January 10, 2014, 02:48:22 AM
This all from a 30-day chart. So I'd say we have about a day or two more max before we move up with any significance -- and break out the choo choo memes -- again.
I've got 3 computers generating CHOO CHOO memes 24/7. You thinks that's enough?
Wow, 3 computers. You still haven't figured out that the amount of computers means nothing?
If you wanna be taken seriously speak in kilomemes / second like everybody else, please.
January 10, 2014, 02:48:01 AM
You could very well be right. However, if r/bitcoin jumps on another hot rumor it could just as easily, perhaps more easily, go down.
One thing I have noticed in the media storm is that there are agendas flying around everywhere.
Example: the pairing of bitcoin with Libertarianism. Infusing bitcoin with this external, incidental aspect can isolate (insulate) a lot of people from bitcoin.
Another agenda: defend the gold standard.
And another: defend the current monetary system and all those who stand to gain from a demise of bitcoin.
Basically bitcoin has pissed off a lot of people, let alone the Chinese Communist Party, political power in India, and elsewhere. Singapore is ok as long as they can tax it. Again, allegiance to fiat.
I wish people could simply see the benefits that bitcoin has to offer them and not react out of fear.
So, I take all the hating on bitcoin with a grain of salt.
January 10, 2014, 02:41:01 AM
Well, you make a good point. I don't pay any attention to the Chinese markets, but I do watch for trends forming on gox and stamp. My trade signals, though, are limited to BTC-e.
swear we follow huobi alot now days..but whatever another story to be uncovered in full.
As to the other bearish sentiment why so afraid? we're up $30 bucks since last Friday.. a reasonable gain probably would've been higher had we not over shot so hard last weekend.
January 10, 2014, 02:37:52 AM
This all from a 30-day chart. So I'd say we have about a day or two more max before we move up with any significance -- and break out the choo choo memes -- again.
I've got 3 computers generating CHOO CHOO memes 24/7. You thinks that's enough?
January 10, 2014, 02:36:36 AM
You could very well be right. However, if r/bitcoin jumps on another hot rumor it could just as easily, perhaps more easily, go down.
January 10, 2014, 02:30:51 AM
If the past is any indication (with all of the following at Stamp numbers):
1) It's been sitting at around $800 for 2 days now.
2) In the past, it sat at around $715 from Dec 27 to about Dec 31 -- and then it went up.
3) From Dec 23rd til the end of the 24th it only moved around $10, from about $630 to $640 -- and then it went up.
This all from a 30-day chart. So I'd say we have about a day or two more max before we move up with any significance -- and break out the choo choo memes -- again.
1) It's been sitting at around $800 for 2 days now.
2) In the past, it sat at around $715 from Dec 27 to about Dec 31 -- and then it went up.
3) From Dec 23rd til the end of the 24th it only moved around $10, from about $630 to $640 -- and then it went up.
This all from a 30-day chart. So I'd say we have about a day or two more max before we move up with any significance -- and break out the choo choo memes -- again.
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