Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30583.

wachtwoord

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Quote from: molecular on January 05, 2014, 07:56:07 AM

Quote from: wachtwoord on January 05, 2014, 07:27:51 AM

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

Lol did you edit that from 500BTC? What is a good site to see the walls these days?

Yeah, I misread on bitcoinwisdom depth graph somehow using that mouse hover info. Then took a closer look at the little orderbook on the right and corrected.

Ah, you did use Bitcoinwisdom. I cannot get it to give wall info.

micalith

hero member

Activity: 894

Merit: 501

yay, choo choo, but I'm really not comfortable with the significant break outs being led by Huobi, as was the case here. It feels like thin ice

molecular

donator

Activity: 2772

Merit: 1019

Quote from: wachtwoord on January 05, 2014, 07:27:51 AM

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

Lol did you edit that from 500BTC? What is a good site to see the walls these days?

Yeah, I misread on bitcoinwisdom depth graph somehow using that mouse hover info. Then took a closer look at the little orderbook on the right and corrected.

flynn

hero member

Activity: 728

Merit: 540

Quote

edit: forget that, I'd actually like something that doesn't run on fossil fuels. Are there any green super cars?

Sure, buy a Tesla

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Feri22 on January 04, 2014, 11:48:06 AM

i think many guys here are really calm holding bulls because they bought under 10 USD...so it is little bit more easy to hodl i think...

It's irrelevant at what price you bought for deciding whether or not to hold an investment.

spooderman

legendary

Activity: 1680

Merit: 1045

I will buy a lambo when I can get one for < 5 btc.

edit: forget that, I'd actually like something that doesn't run on fossil fuels. Are there any green super cars?

pietje

full member

Activity: 224

Merit: 100

Quote from: Davyd05 on January 05, 2014, 07:46:39 AM

Quote from: Davyd05 on January 05, 2014, 07:32:25 AM

Quote from: pietje on January 05, 2014, 07:29:41 AM

Quote from: wachtwoord on January 05, 2014, 07:27:51 AM

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

Lol did you edit that from 500BTC? What is a good site to see the walls these days?

Alot of resistence at stamp though, 1000 bts till 850
I just use the stamp orderbook, but theres probably a better site for it Tongue

think a bite of 150 - 300BTC will get it pulled quickly.

theres the bite.. will it be pulled or gobbled

Didnt got pulled, it is allmost down though.
But still alot of resistence a stamp, also a selling wall of 100 btc showed up op btc-e, which was down within 1 minute.
But overall its looking pretty good, steady rise for the last couple of days Cheesy

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: molecular on January 05, 2014, 06:59:59 AM

Quote from: macsga on January 04, 2014, 07:04:53 PM

Quote from: molecular on January 04, 2014, 06:39:38 PM

not good for germans.

Sounds too much like "Mofa":

a choo choo mofa? No fucking way!

Jesus Christ!!! I owned one of those back in the 80s!!!! Shocked

If you still had it in good condition it'd be worth quite a bit these days Wink

Nope - But I do have one of these in perfect condition...

I can even take offers for exchanging it for a Lambo... Goat??? Are you here??? Grin

Feri22

hero member

Activity: 748

Merit: 500

Quote from: Richard Branson on January 04, 2014, 11:52:35 AM

Quote from: Feri22 on January 04, 2014, 11:48:06 AM

I sold at 550 expecting to buy at 350...i had to buy at 735 USD...I know i should be happy, but i feel like stupid panic selling at 550...i found out that everybody has some certain selling price...i bought at 90USD/1 BTC so of course i was easy hodling when the price went from 1200 to 800...but then was 700, 600, 580, 560, 550, bum..panic sold...i think many guys here are really calm holding bulls because they bought under 10 USD...so it is little bit more easy to hodl i think...But i learned now this about bitcoin the hard way and true is, i am not selling even when it would start falling to...so to all bears, you should buy right now and just shut the fuck up already, we are heading to 10,000 with or without you Cool

The price went 2 times from 1200 to 800...
It was really stupid not to sell at least 50% @ second top

Either you sell there or NEVER! But why @ 550? Just don't trade if you panic sell or buy. It's most of the time completly wrong.
Anticyclic buying and selling is the key to suceed. Or the easy way -> buy and hold (and sell @ ath, never at the bottom after a ath)

You are right, but after war is everyone general you know? In that moment when i read about Chinese almost banning BTC in China and seeing it is falling down fast, it was hard to hold....And you can't never know 100% in bitcoin market what the market will do...so i learned the hard way to hold or sell only when you got the really bad news in time...

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: Davyd05 on January 05, 2014, 07:32:25 AM

Quote from: pietje on January 05, 2014, 07:29:41 AM

Quote from: wachtwoord on January 05, 2014, 07:27:51 AM

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

Lol did you edit that from 500BTC? What is a good site to see the walls these days?

Alot of resistence at stamp though, 1000 bts till 850
I just use the stamp orderbook, but theres probably a better site for it Tongue

think a bite of 150 - 300BTC will get it pulled quickly.

theres the bite.. will it be pulled or gobbled

Erdogan

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Activity: 1512

Merit: 1005

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

The buying machine was out of memory and was oom-killed, then the operator woke up and restarted it.

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: Erdogan on January 05, 2014, 07:39:19 AM

Quote from: ?? on ??

Quote from: justusranvier on January 05, 2014, 07:09:01 AM

What makes Bitcoin attractive is that nobody can create new units arbitrarily and spend them, diluting everybody else's purchasing power.

Inflation is so destructive because of what it does to economic incentives - why work to create useful products and services to earn currency if someone else can just spend newly-printed units and bid up the price of everything you want to buy?

This effect is present in Bitcoin too, but fortunately it's something that diminishes over time via a known schedule.

The imaginary economic growth thanks to controlled inflation is what brought us to the information age. Using a deflationary monetary unit worldwide will just bring humanity back to neo-feudalism with the bitcoin whales being even crueler than the current elite who are at least kept in check by politicians. I sincerely doubt that bitcoin or deflationary cryptocurrencies will replace fiat altogether, it will just remain a complementary niche market.

Wrong forum pal.

Only permabulls allowed. To the moon.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: ?? on ??

Quote from: justusranvier on January 05, 2014, 07:09:01 AM

What makes Bitcoin attractive is that nobody can create new units arbitrarily and spend them, diluting everybody else's purchasing power.

Inflation is so destructive because of what it does to economic incentives - why work to create useful products and services to earn currency if someone else can just spend newly-printed units and bid up the price of everything you want to buy?

This effect is present in Bitcoin too, but fortunately it's something that diminishes over time via a known schedule.

The imaginary economic growth thanks to controlled inflation is what brought us to the information age. Using a deflationary monetary unit worldwide will just bring humanity back to neo-feudalism with the bitcoin whales being even crueler than the current elite who are at least kept in check by politicians. I sincerely doubt that bitcoin or deflationary cryptocurrencies will replace fiat altogether, it will just remain a complementary niche market.

Wrong forum pal.

T.Stuart

hero member

Activity: 644

Merit: 500

One Token to Move Anything Anywhere

The award for steadfastness at Bitcoin exchanges so far this year goes to STAMP! Cheesy

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: pietje on January 05, 2014, 07:29:41 AM

Quote from: wachtwoord on January 05, 2014, 07:27:51 AM

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

Lol did you edit that from 500BTC? What is a good site to see the walls these days?

Alot of resistence at stamp though, 1000 bts till 850
I just use the stamp orderbook, but theres probably a better site for it Tongue

think a bite of 150 - 300BTC will get it pulled quickly.

pietje

full member

Activity: 224

Merit: 100

Quote from: wachtwoord on January 05, 2014, 07:27:51 AM

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

Lol did you edit that from 500BTC? What is a good site to see the walls these days?

Alot of resistence at stamp though, 1000 bts till 850
I just use the stamp orderbook, but theres probably a better site for it Tongue

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: ?? on ??

The imaginary economic growth thanks to controlled inflation is what brought us to the information age. Using a deflationary monetary unit worldwide will just bring humanity back to neo-feudalism with the bitcoin whales being even crueler than the current elite who are at least kept in check by politicians. I sincerely doubt that bitcoin or deflationary cryptocurrencies will replace fiat altogether, it will just remain a complementary niche market.

Troll harder next time.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: molecular on January 05, 2014, 07:24:39 AM

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

Lol did you edit that from 500BTC? What is a good site to see the walls these days?

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: molecular on January 05, 2014, 07:22:24 AM

Quote from: justusranvier on January 05, 2014, 07:09:01 AM

Quote from: molecular on January 05, 2014, 06:58:44 AM

When you think of it: Bitcoin is just as silly. The scarcity is artificial, just as with diamonds.

What makes Bitcoin attractive is that nobody can create new units arbitrarily and spend them, diluting everybody else's purchasing power.

Inflation is so destructive because of what it does to economic incentives - why work to create useful products and services to earn currency if someone else can just spend newly-printed units and bid up the price of everything you want to buy?

This effect is present in Bitcoin too, but fortunately it's something that diminishes over time via a known schedule.

Main difference is that with Bitcoin, the oversight over the artificial scarcity is decentralized. With De Beers and the diamonds, it seems it's centralized. They are at least executing their policies consistently, though, it seems. At least compared to our fiat controllers.

It is centralized. One entity can have a large effect. In Bitcoin, no single entity can. In fact, no group of entities can, unless it's the majority of the people (NOT the hashing power, that's actually not as important for this).

molecular

donator

Activity: 2772

Merit: 1019

Looks like a breakout attempt. If the ~360 BTC wall @845 on bitstamp gets eaten, we'll break out.

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