Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30420. (Read 26712353 times)
January 09, 2014, 10:56:31 AM
January 09, 2014, 10:52:01 AM
January 09, 2014, 10:48:02 AM
I am such an awesome trader. I successfully sold all of my coins this morning and because of my emotions I couldn't stand the thought of the price rising and me not having them so I bought them all back and made 0.01BTC! #Winning #tradingskillz #tradingclassestodayat6pm
I think I should stick to selling coins *link in signature* haha
January 09, 2014, 10:42:34 AM
I am such an awesome trader. I successfully sold all of my coins this morning and because of my emotions I couldn't stand the thought of the price rising and me not having them so I bought them all back and made 0.01BTC! #Winning #tradingskillz #tradingclassestodayat6pm
January 09, 2014, 10:38:37 AM
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news.I somehow feel reminded to the recurring topic of empiricists vs. rationalists during my philosophy courses. I'm Kantian, and his solution applies to the false dichotomy "does news follow price, or vice versa?" just as well (not literally, but the idea behind it)
January 09, 2014, 10:37:12 AM
I'd like to hear some theories why btc-e is higher than stamp? I can't make sense of it, at some point stamp was even higher than gox. People would sell BTC there to invest in shitcoins. Now... is there all of the sudden more trust in btc-e? Are their transfers easier then stamp? What gives
January 09, 2014, 10:34:49 AM
Hey Goat can you dump 300 coins on Gox for me? K Thanks.
Bears got no ammo?
147 to go
January 09, 2014, 10:25:35 AM
Hey Goat can you dump 300 coins on Gox for me? K Thanks.
Bears got no ammo?
January 09, 2014, 10:20:46 AM
Hey Goat can you dump 300 coins on Gox for me? K Thanks.
January 09, 2014, 10:16:43 AM
Singapore bucks the trend and welcomes Bitcoin, laying out tax rules for the virtual currency
http://thenextweb.com/asia/2014/01/09/singapore-bucks-the-trend-and-welcomes-bitcoin-laying-out-tax-rules-for-the-virtual-currency/?_escaped_fragment_=rNDop#!rNLJU
http://coinrepublic.com/singapore-tax-authorities-iras-recognize-bitcoin-and-gives-guidance/
http://thenextweb.com/asia/2014/01/09/singapore-bucks-the-trend-and-welcomes-bitcoin-laying-out-tax-rules-for-the-virtual-currency/?_escaped_fragment_=rNDop#!rNLJU
http://coinrepublic.com/singapore-tax-authorities-iras-recognize-bitcoin-and-gives-guidance/
January 09, 2014, 10:13:18 AM
Strong signs of support right now
free btc at bitstamp, hurry up
January 09, 2014, 10:12:18 AM
Strong signs of support right now
January 09, 2014, 10:05:22 AM
People seem to panic sell now.
if we relieve all of this selling pressure without actually breaking into a new low, this could be a very bullish sign short-term. the volume associated with this move is pretty significant and all it's doing so far is demonstrating the strength of the $860/$780 (gox/stamp) support.
January 09, 2014, 10:03:21 AM
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news.True.
January 09, 2014, 10:02:41 AM
January 09, 2014, 09:59:01 AM
People seem to panic sell now.
January 09, 2014, 09:51:36 AM
that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news.i'm aware of this, blitz, and i definitely agree with you. that was rather the point i was making, in response to medialab's idea that the TA is not relevant because all of the volatility is "based on news".
i've been trying to remind the newer folks that the news doesn't affect the price the way they think it affects the price...
--arepo
January 09, 2014, 09:38:49 AM
Or maybe its CoinBullshitter making a move?
ftfy
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