Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31219.

freethink2013

full member

Activity: 224

Merit: 100

Quote from: cbutters on December 09, 2013, 05:35:15 PM

Have any of you seen this bloomberg report?
http://www.bloomberg.com/video/12-days-of-bitcoin-struggling-to-buy-one-6gju__9xTpi5qyI_~aQy9A.html

Maybe I am just too much of a technical computer person, but I am speechless at the incompetence, and inability to grasp the basic bitcoin concept by "top minds". Watching some of these "experts" dismiss bitcoin without understanding any of the basic principles, makes my brain scream BUY BUY BUY.... No wonder it keeps growing exponentially despite important people, people with clout, saying it is a fad or malarcky, the financial "experts" saying this are absolutely incompetent, too set in their ways or too old to understand basic principles of cryptology, and even the long forgot basics of simple exchange.

No wonder it keeps growing while people shake their heads in disbelief and refusal, people are dumber than I realized, (or more stuck in their ways.) Bitcoin is going to sneak up on all of them.

there was a similar thing on the motleyfool. where they tried to pay for a christmas party with bitcoin. the whole thing was OMG it's so hard to get on and OMG we're being fucked on fees then once they got bitcoin they just went around 7/11 and asked then if they accepted bitcoin then a few other shops then the admitted defeat.

fuck these people

cbutters

sr. member

Activity: 294

Merit: 250

Have any of you seen this bloomberg report?
http://www.bloomberg.com/video/12-days-of-bitcoin-struggling-to-buy-one-6gju__9xTpi5qyI_~aQy9A.html

Maybe I am just too much of a technical computer person, but I am speechless at the incompetence, and inability to grasp the basic bitcoin concept by "top minds". Watching some of these "experts" dismiss bitcoin without understanding any of the basic principles, makes my brain scream BUY BUY BUY.... No wonder it keeps growing exponentially despite important people, people with clout, saying it is a fad or malarcky, the financial "experts" saying this are absolutely incompetent, too set in their ways or too old to understand basic principles of cryptology, and even the long forgot basics of simple exchange.

No wonder it keeps growing while people shake their heads in disbelief and refusal, people are dumber than I realized, (or more stuck in their ways.) Bitcoin is going to sneak up on all of them.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

china breaking 5500 resistance, very little volume required, price explosion immint.

Spaceman_Spiff

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Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: molecular on December 09, 2013, 05:28:02 PM

Quote from: crazy_rabbit on December 09, 2013, 04:21:08 PM

because you must be out of fiat, meaning your all in. Ooooh boy.

Don't worry, I almost always am.

On a side-note it's quite ironic. To go even longer on leverage I would have to sell first in order to be able to put up the collateral.

I think you can put your collateral in BTC too (on bitfinex). I personally wouldn't recommend it though (being that leveraged with everything).

molecular

donator

Activity: 2772

Merit: 1019

Quote from: crazy_rabbit on December 09, 2013, 04:21:08 PM

Quote from: molecular on December 09, 2013, 04:07:49 PM

Quote from: adamstgBit on December 09, 2013, 04:02:17 PM

Quote from: molecular on December 09, 2013, 03:58:51 PM

Quote from: saekki on December 09, 2013, 03:55:21 PM

Those are weekly volumes. And last is just this monday. So that is why "low" instead of low.

I see that. But why is it "volmue" instead of volume?

because adam.

just buy.....

I can't

because you must be out of fiat, meaning your all in. Ooooh boy.

Don't worry, I almost always am.

On a side-note it's quite ironic. To go even longer on leverage I would have to sell first in order to be able to put up the collateral.

maz

full member

Activity: 140

Merit: 100

Quote from: Nemo1024 on December 09, 2013, 05:04:08 PM

During these past days I made a few smaller trades that I didn't broadcast, and all I had to show was a wreck ball of nerves and a grand net of almost zero, with a minute pus sign.

Have you encountered that wonderful phenomenon that happens when the market runs nice and smooth, patterns plenty, but as soon as you buy low to flip high, it starts to plummit? Then you start thinking it would be a god send if you could even just sell for the price you paid, never mind making a huge profit! why did I even try to day trade in the first place...ahhhh!!!

sumantso

legendary

Activity: 1050

Merit: 1000

Quote from: Xer0 on December 09, 2013, 05:10:23 PM

Quote from: sumantso on December 09, 2013, 05:02:04 PM

I presume you want to change Btc-e fiat to goxbux? Keep in mind that if it crashes Btc-e may drop far lower than gox. Plus goxbux are not the best currency around, worse than fiat.

no, simpler: OKpay €

Go ahead then - have fun.

Xer0

hero member

Activity: 826

Merit: 1000

°^°

Quote from: sumantso on December 09, 2013, 05:02:04 PM

I presume you want to change Btc-e fiat to goxbux? Keep in mind that if it crashes Btc-e may drop far lower than gox. Plus goxbux are not the best currency around, worse than fiat.

no, simpler: OKpay €

sumantso

legendary

Activity: 1050

Merit: 1000

Quote from: Nemo1024 on December 09, 2013, 05:04:08 PM

Wonderful to know that I am leading other trades by example, provided my trade decisions are multiplied by -1 Cheesy

No, you misunderstood. I didn't buy back in partly coz you did, and adamstingbit started yelling 'buy, buy'.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

http://youtu.be/KjeVqDY_Wek?t=13s

UP UP UP!

Nemo1024

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Activity: 1680

Merit: 1014

Quote from: sumantso on December 09, 2013, 04:46:58 PM

Quote from: Nemo1024 on December 09, 2013, 04:38:27 PM

Quote from: sumantso on December 09, 2013, 04:31:17 PM

Quote from: Nemo1024 on December 09, 2013, 04:25:11 PM

Bid side of the order book on Bitstamp looks thin. I can't understand why the price stays up - nothing's supporting it. And that wall at 900 has been looming there for the whole day. Is someone waiting for funds so as to snatch almost 700 coins in front of the wall, before pulling it?

Didn't you buy in? Or have you sold again?

Sold at a small loss, didn't like being trapped against a wall.
Placed a few spread buy orders down into 700-s
It probably means the price will rally soon beyond 900. Grin

Oh, and I cashed out all my initial investments in BTC and mining equipment, plus a small bonus on top of that. That felt incredibly good. I feel much calmer, and the nagging feeling of fear deep down is gone. It's purely for fun from now and onwards.

Dammit - why did you sell? I sold earlier (roughly similar to your initial sell point, but on Btc-e) and was wondering whether to buy when you bought. Now you had to go ahead and sell again and mess it all up Angry

IMO, just stick to your guns now. At this rate even if you make some profit trade at some point it will come to nothing.

Nice to hear you cashing out and enjoying. Far too many people in here are waiting for the big prize and missing out on all the benefits money could have them right now. There was this guy who cashed out millions, paid his mortgages and virtually retired.

Wonderful to know that I am leading other trades by example, provided my trade decisions are multiplied by -1 Cheesy

I am sticking to my current somewhat bearish overnight orders. And when I wake up, please, none of that $100 up nonsense I've been getting these past 3 days. Right? Right?

During these past days I made a few smaller trades that I didn't broadcast, and all I had to show was a wreck ball of nerves and a grand net of almost zero, with a minute pus sign.

sumantso

legendary

Activity: 1050

Merit: 1000

Quote from: Xer0 on December 09, 2013, 04:59:27 PM

want to arb the hell out of BTCe, do you think the price will keep over 900 the next 60min?

Quite likely. There doesn't seem to be big movements - its dull as a ditch today.

I presume you want to change Btc-e fiat to goxbux? Keep in mind that if it crashes Btc-e may drop far lower than gox. Plus goxbux are not the best currency around, worse than fiat.

Xer0

hero member

Activity: 826

Merit: 1000

°^°

want to arb the hell out of BTCe, do you think the price will keep over 900 the next 60min?

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

https://www.youtube.com/watch?v=LTarlbRLYpw

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Good night bears... Grin

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: Vycid on December 09, 2013, 05:06:31 AM

Quote from: rpietila on December 08, 2013, 06:15:28 PM

Quote from: DougTanner on December 08, 2013, 05:56:46 PM

Breaking out of that triangle in a big way. Anyone want to place bets on recovery or bull trap?

You mean an actual bet? Yeah, sure. I feel we will go visit the exponential trendline.

I am game. 10 BTC that we don't touch your exponential trendline in December?

The one that projects $428, not one that incorporates data up to Dec. 9.

Hey Risto, I was serious about this

Not sure if it got buried and you didn't see it.

Escrow is OK if you don't trust me.

sumantso

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Activity: 1050

Merit: 1000

Quote from: Nemo1024 on December 09, 2013, 04:38:27 PM

Quote from: sumantso on December 09, 2013, 04:31:17 PM

Quote from: Nemo1024 on December 09, 2013, 04:25:11 PM

Bid side of the order book on Bitstamp looks thin. I can't understand why the price stays up - nothing's supporting it. And that wall at 900 has been looming there for the whole day. Is someone waiting for funds so as to snatch almost 700 coins in front of the wall, before pulling it?

Didn't you buy in? Or have you sold again?

Sold at a small loss, didn't like being trapped against a wall.
Placed a few spread buy orders down into 700-s
It probably means the price will rally soon beyond 900. Grin

Oh, and I cashed out all my initial investments in BTC and mining equipment, plus a small bonus on top of that. That felt incredibly good. I feel much calmer, and the nagging feeling of fear deep down is gone. It's purely for fun from now and onwards.

Dammit - why did you sell? I sold earlier (roughly similar to your initial sell point, but on Btc-e) and was wondering whether to buy when you bought. Now you had to go ahead and sell again and mess it all up Angry

IMO, just stick to your guns now. At this rate even if you make some profit trade at some point it will come to nothing.

Nice to hear you cashing out and enjoying. Far too many people in here are waiting for the big prize and missing out on all the benefits money could have them right now. There was this guy who cashed out millions, paid his mortgages and virtually retired.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

/me gives that suspicious look to the mtgox chart...

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: sumantso on December 09, 2013, 10:21:56 AM

Quote from: merkin51 on December 09, 2013, 10:08:08 AM

Quote from: ?? on ??

Quote from: UnDerDoG81 on December 09, 2013, 09:59:35 AM

Quote from: spooderman on December 09, 2013, 09:56:47 AM

Quote from: UnDerDoG81 on December 09, 2013, 09:54:24 AM

People sell but the price goes up Angry

Cmon did one mistake by selling yesterday, can we please go back to 800 for a second Cheesy

if we did, you'd think "why buy now? It'll go lower"

Probably

But really, I regret it so much (again) that I speculated (once again wrong) and sold, even though I tell my self I will hold forever.

I've been there. The worst type of sell is the "damn, i could have sold at the top but didnt, lets sell now and hope it goes down"

Did exactly the same in this recent crash... got shook out at the bottom thinking it had further to go, then frantically bought back in at a $150 loss. Think I'm just going to hold for ever until the moon or zero :/

You say that now ....

Btw, whats moon or 0? If it goes to $1m you may still be thinking it will go to $10m and end up holding.

If it goes to $1m of course you'd keep holding it. If it didn't go any higher you'd just spend it like cash.

Nemo1024

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Activity: 1680

Merit: 1014

Quote from: sumantso on December 09, 2013, 04:31:17 PM

Quote from: Nemo1024 on December 09, 2013, 04:25:11 PM

Bid side of the order book on Bitstamp looks thin. I can't understand why the price stays up - nothing's supporting it. And that wall at 900 has been looming there for the whole day. Is someone waiting for funds so as to snatch almost 700 coins in front of the wall, before pulling it?

Didn't you buy in? Or have you sold again?

Sold at a small loss, didn't like being trapped against a wall.
Placed a few spread buy orders down into 700-s
It probably means the price will rally soon beyond 900. Grin

Oh, and I cashed out all my initial investments in BTC and mining equipment, plus a small bonus on top of that. That felt incredibly good. I feel much calmer, and the nagging feeling of fear deep down is gone. It's purely for fun from now and onwards.

I have my life back! I think...

Quote from: freethink2013 on December 09, 2013, 04:35:15 PM

has mac gone to bed yet? I need to get some bids in. When's the rally? 30mins?

Guys, not fair! Grin

Can the price do what I expect it to do at least once these past 10 days?!

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