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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30685. (Read 26713252 times)

legendary
Activity: 875
Merit: 1362
Did anyone see if that $800 mini wall on Gox was eaten or pulled in the last hour or so?  I got distracted watching War and Peace on TV  Roll Eyes
legendary
Activity: 1638
Merit: 1001
Quote
There are, however, some people immune to bitcoin and those are too arrogant, busy(LOL) or simply too lazy to learn about it, and I dont care that they are missing the boat.

Or too dumb, like me.  I tried to get in about 125 (such expensive) but Coinbase never sent my two little deposits for bank verification.  I took it as a sign - "stay out".  Just as well.  I would have washed my paper wallet in the laundry, or forgot my password, or left the BTC on some shady exchange.  

People as dumb as me need personal hodlers like fat people need personal trainers.

First BTC reality TV show coming - "Biggest Hodler".
legendary
Activity: 2324
Merit: 1125
Bitcoin is infectious.  Once you "catch it" it tends to infect those near you.  You become a carrier.  I don't think China is cured of bitcoin, it is spreading there, person to person.

nice analog, there's no cure Cheesy

Tim Minchin You grew on me (like a tumor) (love song Wink)
legendary
Activity: 854
Merit: 1000
Bitcoin is infectious.  Once you "catch it" it tends to infect those near you.  You become a carrier.  I don't think China is cured of bitcoin, it is spreading there, person to person.

Or all those Chinese who got burned by the several flash crashes will spread bad news in a viral fashion.

"I got a car and changed my gear to 1st while doing 150mph. The gearbox broke. What a shitty car."  Roll Eyes
full member
Activity: 224
Merit: 100
I will hopefully be buying some coins on monday
legendary
Activity: 1064
Merit: 1000
Bitcoin is infectious.  Once you "catch it" it tends to infect those near you.  You become a carrier.  I don't think China is cured of bitcoin, it is spreading there, person to person.

I agree with every word.

There are, however, some people immune to bitcoin and those are too arrogant, busy(LOL) or simply too lazy to learn about it, and I dont care that they are missing the boat. Fuck them. I jumped in the moment I spotted it. Im irremediably sick.
full member
Activity: 238
Merit: 100
Bitcoin is infectious.  Once you "catch it" it tends to infect those near you.  You become a carrier.  I don't think China is cured of bitcoin, it is spreading there, person to person.

nice analog, there's no cure Cheesy
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Bitcoin is infectious.  Once you "catch it" it tends to infect those near you.  You become a carrier.  I don't think China is cured of bitcoin, it is spreading there, person to person.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Stamp, China and BTC-e all in close sync - Gox 70 (goxbux) up....

Wonder who decides that synchronisation, does it prove we are still following China price - if so, it's a concern.

It's like the (China provoked) dip, was not noticed.

The market decides, as it routes through government barriers.  It moves through Arbitraging (sell on one exchange and buy on another).
Money moves in to china easily, bitcoin flows out easily.   Money does not move out of china easily so China should be expected to never be much below the others, though it could be significantly above with internal demand.

full member
Activity: 238
Merit: 100
major buy at stamp (50 coins)
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
There doesnt need to be a justification for the rise right now. Were simply going up "because china". Its a house of cards too.
China is too big for these little moves.
More likely some Overstock presages Amazon speculation.
newbie
Activity: 5
Merit: 0
this is good plan. personally i would increase each of those by $100-$150. gl

Thanks for the advice, I am considering what to do at this point. But I think I will do what you suggested.

Too much effort for too little money. Although it's good that you actually made a plan. If i were you i just placed a bid slightly below the current price. Put the coins in a cold storage and then wait and hodl.

Thanks, I have been thinking about that option as well. I want to have the coin(s) in cold storage somewhere in the next couple of months to sit on like a cockroach. Just need the right (well, at least not the stupid) way to get there. I'm currently considering your option (the easiest and fastest) and the option that I replied about to geoffreygp above (possibly get a bit more btc, risk of getting a bit less btc). I think I'll sleep about it and decide somewhere during the weekend.

Thanks for the input everybody.
legendary
Activity: 2604
Merit: 1748
Stamp, China and BTC-e all in close sync - Gox 70 (goxbux) up....

Wonder who decides that synchronisation, does it prove we are still following China price - if so, it's a concern.

It's like the (China provoked) dip, was not noticed.
legendary
Activity: 1178
Merit: 1014
Hodling since 2011.®
900 by Sunday!

700 on Gox is more likely.
So you got out too early instead of hodling little bit moar.
hero member
Activity: 812
Merit: 587
Space Lord
A house of cards with superglue Tongue
full member
Activity: 238
Merit: 100
There doesnt need to be a justification for the rise right now. Were simply going up "because china". Its a house of cards too.

price goes up if people want to buy and they want, simple as that, this is speculatively store of wealth, investing to the future
hero member
Activity: 728
Merit: 500
There doesnt need to be a justification for the rise right now. Were simply going up "because china". Its a house of cards too.
hero member
Activity: 812
Merit: 587
Space Lord
hero member
Activity: 841
Merit: 1000
Hi Guys!

I am currently trying to invest about a couple of bucks in Bitcoin, and have been reading up on all kinds of predictions and advice (dreams even) over the last couple of days to get an idea of how to do this.

I am not putting in more $ than I am prepared to lose, but considering it is still quite a bit of money to me (though it may be peanuts to some of you guys) I want to make an informed and rational plan and not buy at an ath this time. I know that when I start looking at trade charts and the news constantly I will only behave like the herd and lose coins instead of gaining (holding) them.

My guess is the price will go down some in the near future and, in the case of some more bad news from china or something, maybe even dip quite low. After that I presume it will rise again to new records. Since I'm buying I want to buy as low as possible of course, but I do not want to risk missing the boat completely before the price rises again.

So I came up with these orders on Bitstamp (lets say I want to invest a thousand bucks):

at $521/BTC buy .333BTC for $173.49
at $357/BTC buy .333BTC for $118.88
at $303/BTC buy .750BTC for $227.25
at $273/BTC buy 1.76BTC for $480.38

Comments are highly appreciated.
Too much effort for too little money. Although it's good that you actually made a plan. If i were you i just placed a bid slightly below the current price. Put the coins in a cold storage and then wait and hodl.
full member
Activity: 238
Merit: 100
btcchina leads huabi by 120 105 cny

They are having difficulties maintaining 4500 and it's already evening there.. so it can't go much higher from here.

dunno, now huobi has got it to 60 cny
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