Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30698.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: hdbuck on December 26, 2013, 05:08:38 PM

okay so could anyone give me some 'serious' insight cuz I just cant make a decision:

got couple $Ks now but I need to go travel so i wont have internet for 2days... should i buy back in now or not??

gaaaaddd im lost :/

Buy.

gandhibt

full member

Activity: 238

Merit: 100

Quote from: oda.krell on December 26, 2013, 05:03:35 PM

Quote from: gandhibt on December 26, 2013, 04:56:33 PM

yep, i was so sure that we will go down again so i took too big risk and then you know what happened, came by surprise this rally, but i feel good nevertheless, hard choices are part of trading

i'm not too confident about this rise thou, but i think we go >800 at stamp at least before possible drop, what you think?

k, here's my big secret thought.

alright, it's not really secret. and not particularly big or deep either. anyway:

I have quite some confidence in this rally right now (bid/ask looks good everywhere, several important trendlines are active, volume looks good). As long as we're above 700 (ideal), 670 (less ideal, still okay) (bitstamp prices, as always), we're golden.

That's point 1.

Point 2 is: I have equally much confidence that our correction is far from over yet.

So the tricky part is to figure out how to combine the two. Or more accurately, figure out when #1 ends and #2 kicks in again.

well we're on the same page, i bought back in so that i would get the benefit of the rise to the next dip

i was thinking that because 850 is major resistant that would be turning point, but i not so sure about this... it could go beyond i guess, there's some positive news and volume is starting to rise... but if it goes over 1000 then im starting to second guess about that 2. point...

hdbuck

legendary

Activity: 1260

Merit: 1002

okay so could anyone give me some 'serious' insight cuz I just cant make a decision:

got couple $Ks now but I need to go travel so i wont have internet for 2days... should i buy back in now or not??

gaaaaddd im lost :/

freethink2013

full member

Activity: 224

Merit: 100

Quote from: oda.krell on December 26, 2013, 05:03:35 PM

Quote from: gandhibt on December 26, 2013, 04:56:33 PM

yep, i was so sure that we will go down again so i took too big risk and then you know what happened, came by surprise this rally, but i feel good nevertheless, hard choices are part of trading

i'm not too confident about this rise thou, but i think we go >800 at stamp at least before possible drop, what you think?

k, here's my big secret thought.

alright, it's not really secret. and not particularly big or deep either. anyway:

I have quite some confidence in this rally right now (bid/ask looks good everywhere, several important trendlines are active, volume looks good). As long as we're above 700 (ideal), 670 (less ideal, still okay) (bitstamp prices, as always), we're golden.

That's point 1.

Point 2 is: I have equally much confidence that our correction is far from over yet.

So the tricky part is to figure out how to combine the two. Or more accurately, figure out when #1 ends and #2 kicks in again.

I think 650 is the figure at which even when people are screaming "china is dead, china is dead" that people will consider those coins cheap. No idea on the upper limit. I think we'll be 4 figure by feb but may hit 650-700 a few times on the way.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

Quote from: oda.krell on December 26, 2013, 05:03:35 PM

...

Point 2 is: I have equally much confidence that our correction is far from over yet.

Anything in particular that makes you believe that? Anything you would care to share?

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: gandhibt on December 26, 2013, 04:56:33 PM

yep, i was so sure that we will go down again so i took too big risk and then you know what happened, came by surprise this rally, but i feel good nevertheless, hard choices are part of trading

i'm not too confident about this rise thou, but i think we go >800 at stamp at least before possible drop, what you think?

k, here's my big secret thought.

alright, it's not really secret. and not particularly big or deep either. anyway:

I have quite some confidence in this rally right now (bid/ask looks good everywhere, several important trendlines are active, volume looks good). As long as we're above 700 (ideal), 670 (less ideal, still okay) (bitstamp prices, as always), we're golden.

That's point 1.

Point 2 is: I have equally much confidence that our correction is far from over yet.

So the tricky part is to figure out how to combine the two. Or more accurately, figure out when #1 ends and #2 kicks in again.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: F-bernanke on December 26, 2013, 05:00:48 PM

Quote from: adamstgBit on December 26, 2013, 04:59:26 PM

i dont understand why would you buy bitcoin to buy drugs everyone knows bitcoin is the best drug in the world.

So true, especially the ATH signs at bitcoinity, such a rush Grin

Those are my favorite!

F-bernanke

sr. member

Activity: 308

Merit: 250

Quote from: adamstgBit on December 26, 2013, 04:59:26 PM

i dont understand why would you buy bitcoin to buy drugs everyone knows bitcoin is the best drug in the world.

So true, especially the ATH signs at bitcoinity, such a rush Grin

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

i dont understand why would you buy bitcoin to buy drugs everyone knows bitcoin is the best drug in the world.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

Thank you Bitcoiners. Short term rising trend with some peaks and valleys.

Interesting thing on the 15 min BTC-e chart on Wisdom: the up slopes are taking much longer to peak than the drops do to hit the valleys. Bullish? I think so.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: hdbuck on December 26, 2013, 04:57:12 PM

Quote from: Parazyd on December 26, 2013, 04:00:42 PM

inb4 bought Bitcoin to get drugs Cheesy

so i guess im on drugs uhh.. or not?! whatever..

I'm shocked.

But that didn't start it.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: gandhibt on December 26, 2013, 04:56:33 PM

Quote from: oda.krell on December 26, 2013, 04:51:36 PM

Quote from: gandhibt on December 26, 2013, 04:43:52 PM

Quote from: oda.krell on December 26, 2013, 04:40:17 PM

Quote from: gandhibt on December 26, 2013, 04:16:32 PM

once important resistant is breached price tends to rally and then come back to test it as support, just as now in stamp at 720

Did you buy yet? Cheesy

EDIT: although I admit, I'm not fully behind this mini rally. Just that I'm not a very good bear I guess Tongue

yep i bought from 720 wall, im now 10/90 (usd/btc), took a fuckin huge loss buying back in, next target is 850 resistant, i think

Sorry to hear. Also took a (small though, luckily) loss when I bought back yesterday. The last leg of the downternd was really sneaky... I was pretty sure we'd go down further, but then it crept up, slooowly.

In retrospect, I feel a bit like the proverbial frog in a slowly warming up pot, never noticing that the water is boiling him soon Tongue

yep, i was so sure that we will go down again so i took too big risk and then you know what happened, came by surprise this rally, but i feel good nevertheless, hard choices are part of trading

i'm not too confident about this rise thou, but i think we go >800 at stamp at least before possible drop, what you think?

no.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: Parazyd on December 26, 2013, 04:00:42 PM

inb4 bought Bitcoin to get drugs Cheesy

so i guess im on drugs uhh.. or not?! whatever..

gandhibt

full member

Activity: 238

Merit: 100

Quote from: oda.krell on December 26, 2013, 04:51:36 PM

Quote from: gandhibt on December 26, 2013, 04:43:52 PM

Quote from: oda.krell on December 26, 2013, 04:40:17 PM

Quote from: gandhibt on December 26, 2013, 04:16:32 PM

once important resistant is breached price tends to rally and then come back to test it as support, just as now in stamp at 720

Did you buy yet? Cheesy

EDIT: although I admit, I'm not fully behind this mini rally. Just that I'm not a very good bear I guess Tongue

yep i bought from 720 wall, im now 10/90 (usd/btc), took a fuckin huge loss buying back in, next target is 850 resistant, i think

Sorry to hear. Also took a (small though, luckily) loss when I bought back yesterday. The last leg of the downternd was really sneaky... I was pretty sure we'd go down further, but then it crept up, slooowly.

In retrospect, I feel a bit like the proverbial frog in a slowly warming up pot, never noticing that the water is boiling him soon Tongue

yep, i was so sure that we will go down again so i took too big risk and then you know what happened, came by surprise this rally, but i feel good nevertheless, hard choices are part of trading

i'm not too confident about this rise thou, but i think we go >800 at stamp at least before possible drop, what you think?

freethink2013

full member

Activity: 224

Merit: 100

Quote from: mmitech on December 26, 2013, 04:49:42 PM

Quote from: freethink2013 on December 26, 2013, 04:46:22 PM

I always got my drugs from a local dealer. Paid in cash. First name basis only. I didn't know his address, he didn't know mine. Send drugs through the mail! are you fucking mad?!

Obviously that was years ago and I don't do anything but drink these days. No way I'm going to get involved in the honeytrap that is tor and give the group that snitches far more than any other criminal group my name and address. Seriously, put down the crack pipe. If you used silkroad 1.0 chances are you are a known person of interest and eventually you'll be leant on for info.

holy shit !! by drugs you mean hard drugs or marijuana ? Adam I think we need a new poll here, It goes like that "are you drug addicted, is this why you started using Bitcoin ? "

my answer to the poll is no. and the previous question's answer would be 'both'

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: hdbuck on December 26, 2013, 04:53:22 PM

Quote from: Parazyd on December 26, 2013, 04:48:03 PM

Could you quit the drug talk? Thanks.

isnt you who started it??! Roll Eyes

No, LOL.

Parazyd

hero member

Activity: 812

Merit: 587

Space Lord

Quote from: niothor on December 26, 2013, 04:48:39 PM

Time to change that poll , going below x?
Common , we're heading to the moon!!!

Anyone thinking we might hit 1000 again this year?

Most definitely. The weekend will bring more people.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: Parazyd on December 26, 2013, 04:48:03 PM

Could you quit the drug talk? Thanks.

isnt you who started it??! Roll Eyes

freethink2013

full member

Activity: 224

Merit: 100

Quote from: Parazyd on December 26, 2013, 04:48:03 PM

Could you quit the drug talk? Thanks.

Sorry but it's kind of relevant to the discussion. It was thought for a long time that sr was a major reason for the price rises in bitcoin and it's still held up as a price mover. I'll try not dwell on it any longer though. I'm presuming you are another bitcoiner who had nothing to do with sr/drug dealing. I believe we are in the majority tbh.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: gandhibt on December 26, 2013, 04:43:52 PM

Quote from: oda.krell on December 26, 2013, 04:40:17 PM

Quote from: gandhibt on December 26, 2013, 04:16:32 PM

once important resistant is breached price tends to rally and then come back to test it as support, just as now in stamp at 720

Did you buy yet? Cheesy

EDIT: although I admit, I'm not fully behind this mini rally. Just that I'm not a very good bear I guess Tongue

yep i bought from 720 wall, im now 10/90 (usd/btc), took a fuckin huge loss buying back in, next target is 850 resistant, i think

Sorry to hear. Also took a (small though, luckily) loss when I bought back yesterday. The last leg of the downternd was really sneaky... I was pretty sure we'd go down further, but then it crept up, slooowly.

In retrospect, I feel a bit like the proverbial frog in a slowly warming up pot, never noticing that the water is boiling him soon Tongue

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