Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31018.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: Davyd05 on December 16, 2013, 03:39:44 PM

[...]

nothing is wrong with selling.. a lot is wrong with panic selling.. and that is a majority of what I see pushed

It's only panic selling if you didn't conclude price will continue to fall and you sell anyway.

I see more and more evidence that this correction is far from over.

Hence my recommendation: wait for a moderate rebound (tonight? tomorrow maybe?), take a long, hard look at the charts and the tools of your choice, and then decide if it's time to sell some.

UnDerDoG81

legendary

Activity: 2186

Merit: 1213

China going down slowly. Not sure if I should buy back or not Huh

11ams

newbie

Activity: 56

Merit: 0

Quote from: seleme on December 16, 2013, 03:36:29 PM

Anything that is reliant on ~~communist~~ government mood has problems, so let's stop be reliant on China and do what we were doing good without China too.

ftfy

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: oda.krell on December 16, 2013, 03:37:48 PM

Quote from: Davyd05 on December 16, 2013, 03:34:52 PM

Quote from: crazy_rabbit on December 16, 2013, 03:30:19 PM

Quote from: Nemo1024 on December 16, 2013, 03:27:39 PM

Quote from: Hawkix on December 16, 2013, 03:22:50 PM

Quote from: ?? on ??

I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...

I thought the same on April this year. Calm down, everybody.

True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now.

You might want to cash something out now. Just saying.

I can almost hear the shaking of your body in your words.

you shouldn't be selling unless you NEED the money ( bills, food, a part of your monthly budget) if not calm the fuck down as any news about China gets blown so far out of fucking context is makes me sick.

"At the moment, these claims are still rumours, as neither the PBOC nor any payment company has issued a statement to confirm what was discussed and what the outcome was. However, our source revealed they got their information from various channels, including those people who were at the meeting." http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

I mean I'd love to believe that one article with non official sources would be 100% true but I don't buy it.. just like I am not buying the eurozone bail in discussion till they have a plan on the table thats agreed upon

What's wrong with selling.

Don't tell me you're one of those people that don't understand how markets work -- if it weren't for someone selling at some point, you would have exactly zero coins. (Unless you're a miner, in which case you still need people selling otherwise your coins are worthless as well)

nothing is wrong with selling.. a lot is wrong with panic selling.. and that is a majority of what I see pushed

gandhibt

full member

Activity: 238

Merit: 100

Quote from: Krabby on December 16, 2013, 03:35:41 PM

Quote from: jojo69 on December 16, 2013, 03:34:54 PM

I should drop acid

I should drop trading

I just smoked weed and now im drinking beer while making coins! Grin

How fun is this shit Grin

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: ?? on ??

Quote from: crazy_rabbit on December 16, 2013, 03:30:19 PM

Quote from: Nemo1024 on December 16, 2013, 03:27:39 PM

Quote from: Hawkix on December 16, 2013, 03:22:50 PM

Quote from: ?? on ??

I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...

I thought the same on April this year. Calm down, everybody.

True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now.

You might want to cash something out now. Just saying.

Nope. Now I will hold of course... And I know that it always looks easy in hindsight. And I bought them for the long run in the first place, didn't expect such a huge rise that soon, so I guess everything is alright Cheesy

It just feels weird right now. Thanks anyway

a Jr. member with a brain of his or her own.. Clap Clap heres to more people like you Cheesy

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: Davyd05 on December 16, 2013, 03:34:52 PM

Quote from: crazy_rabbit on December 16, 2013, 03:30:19 PM

Quote from: Nemo1024 on December 16, 2013, 03:27:39 PM

Quote from: Hawkix on December 16, 2013, 03:22:50 PM

Quote from: ?? on ??

I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...

I thought the same on April this year. Calm down, everybody.

True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now.

You might want to cash something out now. Just saying.

I can almost hear the shaking of your body in your words.

you shouldn't be selling unless you NEED the money ( bills, food, a part of your monthly budget) if not calm the fuck down as any news about China gets blown so far out of fucking context is makes me sick.

"At the moment, these claims are still rumours, as neither the PBOC nor any payment company has issued a statement to confirm what was discussed and what the outcome was. However, our source revealed they got their information from various channels, including those people who were at the meeting." http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

I mean I'd love to believe that one article with non official sources would be 100% true but I don't buy it.. just like I am not buying the eurozone bail in discussion till they have a plan on the table thats agreed upon

What's wrong with selling.

Don't tell me you're one of those people that don't understand how markets work -- if it weren't for someone selling at some point, you would have exactly zero coins. (Unless you're a miner, in which case you still need people selling otherwise your coins are worthless as well)

gandhibt

full member

Activity: 238

Merit: 100

Quote from: QuestionAuthority on December 16, 2013, 03:30:37 PM

Chinese officials are probably playing the market and forcing a dump. Tomorrow the official statement reads simply, "we never said that".

This would be very LOL Grin

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

I'll say it again - short term China news are bad but long term farewell China, it was nice to meet you on the road to 1200.

Anything that is reliant on communist government mood has problems, so let's stop be reliant on China and do what we were doing good without China too.

Nemo1024

legendary

Activity: 1680

Merit: 1014

BTC-E decided to take a small plunge.

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

Quote from: jojo69 on December 16, 2013, 03:34:54 PM

I should drop acid

I should drop trading

Nolo

hero member

Activity: 686

Merit: 500

Whoa, there are a lot of cats in this wall.

Quote from: MikeH on December 16, 2013, 03:34:09 PM

is there an iphone app that sends alerts on movements in % over a specified period?

"bitcoin paranoid" is what I use on android. Might want to see if they have an iphone app.

Nemo1024

legendary

Activity: 1680

Merit: 1014

Quote from: Kj1 on December 16, 2013, 03:32:55 PM

notice how everybody ignores gox now in this thread?

Yes.
I am following this http://bitcointicker.co/combined/ , and I am glued to the lower left and upper right corners Wink

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

I should drop acid

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: crazy_rabbit on December 16, 2013, 03:30:19 PM

Quote from: Nemo1024 on December 16, 2013, 03:27:39 PM

Quote from: Hawkix on December 16, 2013, 03:22:50 PM

Quote from: ?? on ??

I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...

I thought the same on April this year. Calm down, everybody.

True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now.

You might want to cash something out now. Just saying.

I can almost hear the shaking of your body in your words.

you shouldn't be selling unless you NEED the money ( bills, food, a part of your monthly budget) if not calm the fuck down as any news about China gets blown so far out of fucking context is makes me sick.

"At the moment, these claims are still rumours, as neither the PBOC nor any payment company has issued a statement to confirm what was discussed and what the outcome was. However, our source revealed they got their information from various channels, including those people who were at the meeting." http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

I mean I'd love to believe that one article with non official sources would be 100% true but I don't buy it.. just like I am not buying the eurozone bail in discussion till they have a plan on the table thats agreed upon

MikeH

sr. member

Activity: 406

Merit: 250

is there an iphone app that sends alerts on movements in % over a specified period?

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Krabby on December 16, 2013, 03:32:17 PM

Next Week: USA 'bans' bitcoin

It's the final step before we win. Please everyone: Fight us. Make our day!

Kj1

sr. member

Activity: 434

Merit: 250

notice how everybody ignores gox now in this thread?

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

Next Week: USA 'bans' bitcoin

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Davyd05 on December 16, 2013, 03:28:22 PM

like I said less than two days from now the eurozone resumes talks of plans that start with cyprus style bail ins. If the whales just fleeced people out of 200-300$ discounts there going to be laughing riding on the bubble a eurozone bail in will create.

Who's getting a bailout for Christmas?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31018. (Read 26712305 times)