Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30900. (Read 26712704 times)
December 18, 2013, 12:51:25 PM
Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.
December 18, 2013, 12:50:48 PM
BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
You have good experience with them? Good liquidity?
Leverage trading can be bad if you don't know what your doing. Try it out but with a very small amount.
I prefer Bitfinex, they offer 2:1, 2.5:1 & 4:1. I currently use 4:1, but its very risky. With the market swings like this its very easy to make money.
December 18, 2013, 12:50:39 PM
This is a truly obscene recovery.
December 18, 2013, 12:50:28 PM
I sold at average of 650 on bitstamp, considering coming back in now. Thoughts?
I worry prices will fall again when China wakes up.
I worry prices will fall again when China wakes up.
December 18, 2013, 12:47:19 PM
ref: rpietila / others who 'knew'
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Go here: https://bitcointalksearch.org/topic/monthly-average-usdbitcoin-price-trend-322058
Read it. And then, when you have time, read it again.
This is a good-quality spinoff from that thread as well: https://bitcointalksearch.org/topic/stephen-reeds-million-dollar-logistic-model-366214
December 18, 2013, 12:46:49 PM
I'm calling the top at $1266.
Just checked through my ramblings to find this. I should have listened to me lol.
good work not following your own advice.
I did however stick with this one.
Sold at 840...it rebounded back...so quickly rebought at 860. Went for a nap, see the price at 740. Sold again. Buy order at 495. If it doesnt hit in the next couple of days I'm just cashing the rest out on localbitcoins.
December 18, 2013, 12:46:12 PM
This is the most bullish market I've ever witnessed.
Crazy, isn't it. And people seriously think Bitcoin is doomed, lol
December 18, 2013, 12:45:39 PM
wallls, thats what im talking about.
nice wall on the stampede
nice wall on the stampede
December 18, 2013, 12:45:18 PM
HODL!
December 18, 2013, 12:44:30 PM
This is the most bullish market I've ever witnessed.
December 18, 2013, 12:43:17 PM
I'm calling the top at $1266.
Just checked through my ramblings to find this. I should have listened to me lol.
good work not following your own advice.
December 18, 2013, 12:42:44 PM
I'm calling the top at $1266.
Just checked through my ramblings to find this. I should have listened to me lol.
December 18, 2013, 12:41:25 PM
700 in 5 hours.
we can get back to work now
we can get back to work now
Could be quicker at the rate were moving
December 18, 2013, 12:39:54 PM
ref: rpietila / others who 'knew'
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Go here: https://bitcointalksearch.org/topic/monthly-average-usdbitcoin-price-trend-322058
Read it. And then, when you have time, read it again.
This is a good-quality spinoff from that thread as well: https://bitcointalksearch.org/topic/stephen-reeds-million-dollar-logistic-model-366214
December 18, 2013, 12:38:26 PM
700 in 5 hours.
we can get back to work now
we can get back to work now
I'd prefer the moon Adam but I'll take anything above 600 as well.
Amazed that China is trending upwards.. NOT.. oh man I wonder how many government officials bought in hard
December 18, 2013, 12:37:27 PM
700 in 5 hours.
we can get back to work now
we can get back to work now
December 18, 2013, 12:31:51 PM
ref: rpietila / others who 'knew'
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
I knew in a general way that there will be forces acting against bitcoin now. Bitcoin was overvalued, in a downtrend, and above the long term trendline. Shorting it was a no-brainer. I did not even know that it would happen so quickly. Anyway I was positioned and made a nice 10% gain for my whole portfolio off of this crash. The last crash I made about the same. It's a yearly gain of 20% in bitcoins, so it is a lot.
Guys + girls,
The Episode II of my diary is nearing its end. I started it in 3.11.2013, in anticipation of a rally in bitcoin. About the same time I had a very intense Facebook campaign. The price started moving immediately, and so quickly that I issued my initial bearish call in 19.-20.11. That proved to be premature - the price still went up and crossed the important $1 threshold in the following days. It soon became apparent that it was overextended from the trendline however, and therefore exceedingly difficult to keep its uptrend. From the dead cat bounce (10.12.) following the double top (30.11.&4.12.), I have been selling more coins. I have devoted my last 2 weeks to researching about the price, whether I want to enter into such a trade. So far it is working well, selling more into rallies and buying some back at dips. I expect that the downtrend takes us to somewhere between $0.3 and $0.5 in the following months.
When the price was still rising, I had the mood and time to conduct Bitcoin Economics research. There is a list of the threads in the OP. I feel that in the short time quite many important topics have been presented and discussed. These threads will not become obsolete because of short-term events or swings in price.
There are some important matters that I must move on to. Perhaps some still remember the Supernode Network (still no better name
), which I promised will be started at $1.4/mBTC. As I now see it, reaching that figure is not happening any time soon, so I will have the opportunity to take the time off, and let the bubble-bust cycle run its natural course. If Wall Observer is any guide, we are now strongly in the "denial" phase (consult the well-known chart for details).
If you are heavy in bitcoin, and especially if this is your first bubble, I would ask you to consider if you still feel good if the price goes to $0.3 or $0.4. Otherwise it might be a time to sell a fraction of the holdings now at the record prices.
For those new in bitcoin, this is a very good time to enter with experimental/speculative funds, and buy more when the price goes down.
I do not suggest daytrading bitcoin to anyone: like all speculative markets, it is heavily manipulated, you pay fees, waste valuable time playing a zero-sum game and generally end up on the losing side of the trade. Optimally you only accumulate bitcoin until you have enough (never sell), and once you have enough, you gradually start to sell/buy things with it (and never buy back coins). This minimizes the problems outlined above.
Thank you for all the wonderful community and contributors!
The Episode II of my diary is nearing its end. I started it in 3.11.2013, in anticipation of a rally in bitcoin. About the same time I had a very intense Facebook campaign. The price started moving immediately, and so quickly that I issued my initial bearish call in 19.-20.11. That proved to be premature - the price still went up and crossed the important $1 threshold in the following days. It soon became apparent that it was overextended from the trendline however, and therefore exceedingly difficult to keep its uptrend. From the dead cat bounce (10.12.) following the double top (30.11.&4.12.), I have been selling more coins. I have devoted my last 2 weeks to researching about the price, whether I want to enter into such a trade. So far it is working well, selling more into rallies and buying some back at dips. I expect that the downtrend takes us to somewhere between $0.3 and $0.5 in the following months.
When the price was still rising, I had the mood and time to conduct Bitcoin Economics research. There is a list of the threads in the OP. I feel that in the short time quite many important topics have been presented and discussed. These threads will not become obsolete because of short-term events or swings in price.
There are some important matters that I must move on to. Perhaps some still remember the Supernode Network (still no better name
), which I promised will be started at $1.4/mBTC. As I now see it, reaching that figure is not happening any time soon, so I will have the opportunity to take the time off, and let the bubble-bust cycle run its natural course. If Wall Observer is any guide, we are now strongly in the "denial" phase (consult the well-known chart for details).If you are heavy in bitcoin, and especially if this is your first bubble, I would ask you to consider if you still feel good if the price goes to $0.3 or $0.4. Otherwise it might be a time to sell a fraction of the holdings now at the record prices.
For those new in bitcoin, this is a very good time to enter with experimental/speculative funds, and buy more when the price goes down.
I do not suggest daytrading bitcoin to anyone: like all speculative markets, it is heavily manipulated, you pay fees, waste valuable time playing a zero-sum game and generally end up on the losing side of the trade. Optimally you only accumulate bitcoin until you have enough (never sell), and once you have enough, you gradually start to sell/buy things with it (and never buy back coins). This minimizes the problems outlined above.
Thank you for all the wonderful community and contributors!
December 18, 2013, 12:30:34 PM
ref: rpietila / others who 'knew'
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
It was luck. The China news developed over time and I highly, highly doubt we would have even touched the $500's if it hadn't developed this way.
December 18, 2013, 12:27:34 PM
ref: rpietila / others who 'knew'
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Rpietila was calling lower than 500.
But yeah, of course it's possible. Some big traders might work together for easier market moves.
Anyway, don't let this to make you believe whatever rpietila says, he has far more bad calls than good ones here. You'll lose money if you listen to him.
December 18, 2013, 12:27:13 PM
ref: rpietila / others who 'knew'
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
Did they just have 'better' information than us in terms of an early 'nod' on the news?
Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?
To accurately say 'it will go down to 500' is pretty good.
Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).
Questions, questions.....
really ?!! now you are at the denial stage ? I clearly told you the price was about to drop, but you all told me that I am a retard for selling at 850 remember ? well I bought some at 700-650-540, most epic trade I ever did.
30% regain
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