After explaining Bitcoin and how I didn't buy early to a coworker, he said "Old Chinese Proverb: The best time to plant a tree is 20 years ago. The second best time is today." (self.Bitcoin)
submitted 10 hours ago by cosmicr
http://np.reddit.com/r/Bitcoin/comments/1rjluc/after_explaining_bitcoin_and_how_i_didnt_buy/
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31560. (Read 26609297 times)
November 27, 2013, 08:05:03 AM
November 27, 2013, 08:03:36 AM
November 27, 2013, 07:47:24 AM
Agreed. We don't know.
It's a "law of the universe" because the last two major Bitcoin rallies ended in crashes? OK.
Unfortunately we don't have a crystal ball to see into the future so we cant predict bitcoin's next move. It genuinely is like watching the roulette ball bounce around the wheel, where will it land?
What we do have though is past data to analyze, and from that data we have seen that when ATH's are broken to this extent, they typically end in a correction or crash. I trust past market data to be more reliable and trust worthy than guessing bitcoin's next move personally.
November 27, 2013, 07:41:42 AM
what a wishful thinking... 
the only thing that will crush the price is some spooky news from washington or politburo, other shit is just temporary...
the only thing that will crush the price is some spooky news from washington or politburo, other shit is just temporary...Lol, funny enough but I find 'bearish insight' to be more sensible and plausible than bullish insight. I haven't bought back in yet no, certainly not at these prices, a crash is only round the corner, it's a fact, a law of the universe even, we both know it. That's when I'll be waiting with QtTraderbot to munch all the cheap coins.
Taking advice from the early adopters, it's when people start talking like yourself then you know the pop isn't far away. You've become complacent by your excitement.
November 27, 2013, 07:10:42 AM
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
Hoping for some more bearish insight?
Did you buy back in yet?
This market is going to a $1000 and beyond. We are getting resistance as expect. Buying is trepidatious as expected. And what is the result? More consolidation right near ATHs. Very very bullish. All this talk of these schools of whales sweeping in to ruin the party is just urban legend. 10ks of coins are being sold off everyday and here we are still right under 1k.
Lol, funny enough but I find 'bearish insight' to be more sensible and plausible than bullish insight. I haven't bought back in yet no, certainly not at these prices, a crash is only round the corner, it's a fact, a law of the universe even, we both know it. That's when I'll be waiting with QtTraderbot to munch all the cheap coins.
With bitcoin what we "know" becomes lack of knowledge. It's a totally different animal, at least at this time.
How can an asset pushing so hard against its ATH be bearish?
Agreed. We don't know.
It's a "law of the universe" because the last two major Bitcoin rallies ended in crashes? OK.
The more I think about the consequences of bitcoin, the more I understand how little I know about my reality (not to mention other people's) and what it can become!!!
November 27, 2013, 07:05:07 AM
what a wishful thinking... the only thing that will crush the price is some spooky news from washington or politburo, other shit is just temporary...
the only thing that will crush the price is some spooky news from washington or politburo, other shit is just temporary...Lol, funny enough but I find 'bearish insight' to be more sensible and plausible than bullish insight. I haven't bought back in yet no, certainly not at these prices, a crash is only round the corner, it's a fact, a law of the universe even, we both know it. That's when I'll be waiting with QtTraderbot to munch all the cheap coins.
November 27, 2013, 07:05:03 AM
so I felt my inner bull..and bear.. so I bought a coin couldn't hurt
couldn't hurt November 27, 2013, 07:03:24 AM
November 27, 2013, 06:59:28 AM
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
Hoping for some more bearish insight?
Did you buy back in yet?
This market is going to a $1000 and beyond. We are getting resistance as expect. Buying is trepidatious as expected. And what is the result? More consolidation right near ATHs. Very very bullish. All this talk of these schools of whales sweeping in to ruin the party is just urban legend. 10ks of coins are being sold off everyday and here we are still right under 1k.
Lol, funny enough but I find 'bearish insight' to be more sensible and plausible than bullish insight. I haven't bought back in yet no, certainly not at these prices, a crash is only round the corner, it's a fact, a law of the universe even, we both know it. That's when I'll be waiting with QtTraderbot to munch all the cheap coins.
Yeah, I keep hearing about his "crash" that's coming. But the thing is, what did we have 10 days ago? If that wasn't a crash, what was it? It must have been a correction. So what's to keep us from going up another 600 and then correcting again.
I'm not so sure we are going to see a crash in this rally or for perhaps a long time.
And if we do crash, that would suggest, based on history, that we have one hell of a climb to reach parabolic. If we look at March, after that correction we grew another 100%. That would put us over $2000.
And if we do crash then, what are the odds we call lower than the $400-500 we corrected to last week?
Which means where do you really find your cheaper coins while missing out on the profit potential on the way up.
Maybe bulls sound more reasonable than you give us credit for
November 27, 2013, 06:58:56 AM
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
Hoping for some more bearish insight?
Did you buy back in yet?
This market is going to a $1000 and beyond. We are getting resistance as expect. Buying is trepidatious as expected. And what is the result? More consolidation right near ATHs. Very very bullish. All this talk of these schools of whales sweeping in to ruin the party is just urban legend. 10ks of coins are being sold off everyday and here we are still right under 1k.
Lol, funny enough but I find 'bearish insight' to be more sensible and plausible than bullish insight. I haven't bought back in yet no, certainly not at these prices, a crash is only round the corner, it's a fact, a law of the universe even, we both know it. That's when I'll be waiting with QtTraderbot to munch all the cheap coins.
With bitcoin what we "know" becomes lack of knowledge. It's a totally different animal, at least at this time.
How can an asset pushing so hard against its ATH be bearish?
Agreed. We don't know.
It's a "law of the universe" because the last two major Bitcoin rallies ended in crashes? OK.
November 27, 2013, 06:57:18 AM
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
Hoping for some more bearish insight?
Did you buy back in yet?
This market is going to a $1000 and beyond. We are getting resistance as expect. Buying is trepidatious as expected. And what is the result? More consolidation right near ATHs. Very very bullish. All this talk of these schools of whales sweeping in to ruin the party is just urban legend. 10ks of coins are being sold off everyday and here we are still right under 1k.
Exactly. The longer we stay in this 950 range, the more powerful will be the take off from 1000.
It is a very good sign that we didn't run for 1000 at once. In these circumstances I expect a strong bull run from 1000 and bought 17 extra coins this morning.
November 27, 2013, 06:55:43 AM
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
Hoping for some more bearish insight?
Did you buy back in yet?
This market is going to a $1000 and beyond. We are getting resistance as expect. Buying is trepidatious as expected. And what is the result? More consolidation right near ATHs. Very very bullish. All this talk of these schools of whales sweeping in to ruin the party is just urban legend. 10ks of coins are being sold off everyday and here we are still right under 1k.
Lol, funny enough but I find 'bearish insight' to be more sensible and plausible than bullish insight. I haven't bought back in yet no, certainly not at these prices, a crash is only round the corner, it's a fact, a law of the universe even, we both know it. That's when I'll be waiting with QtTraderbot to munch all the cheap coins.
With bitcoin what we "know" becomes lack of knowledge. It's a totally different animal, at least at this time.
How can an asset pushing so hard against its ATH be bearish?
November 27, 2013, 06:55:25 AM
STAMP:
9k coins to $1k
5k coins from $1k to $8k
All the newborn millionaires want to cash out at $1k
They do not realize that we will go up to 5 digits like a hot knife through butter once that the $1k resistance is broken.
9k coins to $1k
5k coins from $1k to $8k
All the newborn millionaires want to cash out at $1k
They do not realize that we will go up to 5 digits like a hot knife through butter once that the $1k resistance is broken.
I remember the times when we needed 30k coins to move 10$ on Gox
Oh , memories ...
November 27, 2013, 06:50:46 AM
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
Hoping for some more bearish insight?
Did you buy back in yet?
This market is going to a $1000 and beyond. We are getting resistance as expect. Buying is trepidatious as expected. And what is the result? More consolidation right near ATHs. Very very bullish. All this talk of these schools of whales sweeping in to ruin the party is just urban legend. 10ks of coins are being sold off everyday and here we are still right under 1k.
Lol, funny enough but I find 'bearish insight' to be more sensible and plausible than bullish insight. I haven't bought back in yet no, certainly not at these prices, a crash is only round the corner, it's a fact, a law of the universe even, we both know it. That's when I'll be waiting with QtTraderbot to munch all the cheap coins.
November 27, 2013, 06:46:32 AM
Perhaps he just needs to sell. Stamps liquidity is so friggin anemic that I just quit today's selling plan without selling any coins. I am not the only one willing to sell at these prices.
The selling plan you have outlined numerous times on this forum, doesn't include selling at Bitstamp at $925.
That was the buying plan, lol.
When have I denied that I work for several different companies, managing their (and even their customers') accounts?
Congrats for getting out of ignore
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
Hoping for some more bearish insight?
Did you buy back in yet?
This market is going to a $1000 and beyond. We are getting resistance as expect. Buying is trepidatious as expected. And what is the result? More consolidation right near ATHs. Very very bullish. All this talk of these schools of whales sweeping in to ruin the party is just urban legend. 10ks of coins are being sold off everyday and here we are still right under 1k.
November 27, 2013, 06:26:43 AM
Perhaps he just needs to sell. Stamps liquidity is so friggin anemic that I just quit today's selling plan without selling any coins. I am not the only one willing to sell at these prices.
The selling plan you have outlined numerous times on this forum, doesn't include selling at Bitstamp at $925.
That was the buying plan, lol.
When have I denied that I work for several different companies, managing their (and even their customers') accounts?
Congrats for getting out of ignore
Any update on your current stance since breaking ATH last night? if you don't mind sharing it with us.
November 27, 2013, 06:03:52 AM
STAMP:
9k coins to $1k
5k coins from $1k to $8k
All the newborn millionaires want to cash out at $1k
They do not realize that we will go up to 5 digits like a hot knife through butter once that the $1k resistance is broken.
9k coins to $1k
5k coins from $1k to $8k
All the newborn millionaires want to cash out at $1k
They do not realize that we will go up to 5 digits like a hot knife through butter once that the $1k resistance is broken.
Dude, do you ever sleep?
You seem to be compatible with about 3 different time zones!!
Judging by his overall posts he gets some healthy 4-6 hours of sleep.
Most of us won't make it till 80 anyhow
))Look at mine: I never sleep! https://bitcointalksearch.org/user/wachtwoord-18158
2 hours.
https://bitcointalksearch.org/user/vycid-89504
November 27, 2013, 05:49:01 AM
Beautifully said and depicted!!! Congrats!
Zoomed out and clicked from 1min back to 1w. that 900ATH looks more and more like a little road bump. That transform gave me little goosebumps.
OT: I mined only 4btc with my gpu at the beginning, had to gave up mining with single gpu and let it sit there. 0_o.
Its not much but very exciting. You guys are the Icing on the cake and gave me a good time reading this site.
Its just the End of the Beginning.
Be ready for the next round. Its flattening out.
November 27, 2013, 05:39:58 AM
November 27, 2013, 05:35:16 AM
sma's crossing eh
think the 950 bid wall will support us or slip out like a rug
think the 950 bid wall will support us
or slip out like a rug Jump to: