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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31620. (Read 26608926 times)

full member
Activity: 183
Merit: 101
@rpietila, back on board, or still waiting for cheaper coins?
He's made it clear when he plans to re-enter..why not just let him say he's re-entering himself if he deviated from his plan which I doubt he would do without some major revelation.
And you should believe him; why exactly? Wink
He did give up advance warning of his Saturday night sell off, which I'm equating with that well planned multi-exchange 10K sell off.
I don't think he's gonna time stamp it for us... but he's not all out.. so why is it people try to troll him as if he doesn't have the required BtC to reap the rewards of to the moon scenarios.

I certainly wasn't trolling, the question was genuine interest, I too have respect for rpietila's opinion. I think the current position is on a knife edge, we could go either way.

true that !

but iam a lil bullished biased.. as of current action
hero member
Activity: 750
Merit: 601
@rpietila, back on board, or still waiting for cheaper coins?
He's made it clear when he plans to re-enter..why not just let him say he's re-entering himself if he deviated from his plan which I doubt he would do without some major revelation.
And you should believe him; why exactly? Wink
He did give up advance warning of his Saturday night sell off, which I'm equating with that well planned multi-exchange 10K sell off.
I don't think he's gonna time stamp it for us... but he's not all out.. so why is it people try to troll him as if he doesn't have the required BtC to reap the rewards of to the moon scenarios.

I certainly wasn't trolling, the question was genuine interest, I too have respect for rpietila's opinion. I think the current position is on a knife edge, we could go either way.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
@rpietila, back on board, or still waiting for cheaper coins?
He's made it clear when he plans to re-enter..why not just let him say he's re-entering himself if he deviated from his plan which I doubt he would do without some major revelation.
And you should believe him; why exactly? Wink
He did give up advance warning of his Saturday night sell off, which I'm equating with that well planned multi-exchange 10K sell off.
I don't think he's gonna time stamp it for us... but he's not all out.. so why is it people try to troll him as if he doesn't have the required BtC to reap the rewards of to the moon scenarios.
Let's make some things clear:
1. I'm not trolling rpietila.
2. I'm following his posts every day and I get precious info out of them.
3. I respect him and I also like his way of life (hoping some day I'll be able to imitate him).

On the other hand; I don't usually accept what people on a speculative forum thread like this are writing as per price predictions. I just don't. It's not wise, nor sane. People like us here are divided in 2 categories:

A. Those who are loaded.
B. Those who wish they were in the 1st category.

Speculation suggests a hunch, a pre-done mathematical approach, a statistical prediction if you wish. In any of the previous cases by ANY person who belongs in category A or B, there's no way someone is going to be 100% right. Especially with the Bitcoin. If you want to go along and trust anyone's predictions then go ahead and do it.

I just won't. Wink
hero member
Activity: 518
Merit: 500
Daytrading Bitcoins is a dangerous game, and a completely reckless game during a bull market.

Most in here delude themselves by seeing their fiat profits going up, so they don't feel so bad by losing coins.

I'd say that:

a) more than 5 trades per month is reckless, considering the high fees + slippage.
b) the only good moment to trade is a bear market - and there's is no bear market ATM (this could change in the next days/hours, but I wouldn't bet on it).

That depends entirely on what your stance is.

If you are in it to make profit in USD (like 99% of this market is doing atm), day trading to get USD gains is perfectly fine. And I say, in a market where there's currently (and practically always) the looming danger that the value of BTC goes through half, securing FIAT profits is not that bad an idea.

If you are a utopian true believer in BTC, believing it will go to 1 million USD per coin no matter what, yeah obviously don't sell then.
full member
Activity: 183
Merit: 101
if the actual indecision resolves itsway in favour of the bulls . ie. breaks out to the top , a momentum surge to the upside could be a potential result , with a rallie towards ATH
however there is also a chance of a range between pot. resistance 860 and pot. support 760 .. with 800 beeing the fair price..(800 is considerd fair as of now)

however a sign of strenght is that a former indecision (smaller TF) , was resolved to the downside . but price traded back .. ie pot. weakness was bought ! and that action is the current low @760


hero member
Activity: 728
Merit: 500
It's back.



Last 24h price: down -3.8%.

It will break up any moment, where "any" is defined that 5x the money is needed compared to any previous breakout in Bitcoinhistory.

Still waiting Smiley

Do you mean "up" as in this?

(sh*t I can't work)
legendary
Activity: 3122
Merit: 1538
yes
The technical picture is deteriorating. I'm with reptilia on this one: buy cheaper coins in about 1-2 days.

Checking back after 7 hours: no big buying, signals still deteriorating.
full member
Activity: 238
Merit: 100
It's back.



Last 24h price: down -3.8%.

It will break up any moment, where "any" is defined that 5x the money is needed compared to any previous breakout in Bitcoinhistory.

Still waiting Smiley

yesterdays low was 747 and todays has been 790 at stamp...
donator
Activity: 1722
Merit: 1036
It's back.



Last 24h price: down -3.8%.

It will break up any moment, where "any" is defined that 5x the money is needed compared to any previous breakout in Bitcoinhistory.

Still waiting Smiley
full member
Activity: 238
Merit: 100
In past 24h there have been 12.1k bought and 8k sold in gox alone. That's +4.1k = +3 300 000 USD more money via gox alone. Where I could easily see these statistics from all major exchanges?

This is from bitcointicker.

Bought and sold?
Trading coins are allways bought and sold. +4.1k coins? I think you logic is a bit flawed  Roll Eyes

You are right that it's not that black/white, you can always set ask and when it is filled this is considered "buying" when you could say that you sold. And btw. this is the best way to sell your coins vs market order (if you're not trying to start a panic).

So you can't directly say that's +3 300 000, but you can say that more trades are done from asks than from bids.
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
In past 24h there have been 12.1k bought and 8k sold in gox alone. That's +4.1k = +3 300 000 USD more money via gox alone. Where I could easily see these statistics from all major exchanges?

This is from bitcointicker.

Bought and sold?
Trading coins are allways bought and sold. +4.1k coins? I think you logic is a bit flawed  Roll Eyes
full member
Activity: 238
Merit: 100
In past 24h there have been 12.1k bought and 8k sold in gox alone. That's +4.1k = +3 300 000 USD more money via gox alone. Where I could easily see these statistics from all major exchanges?

This is from bitcointicker.
full member
Activity: 238
Merit: 100
All rpietila coins are belong to us

Cheesy Cheesy Cheesy Cheesy

I have to say that I don't feel so sorry about the rich who lose major amount of coins, but I do feel sorry for the poor who give up their few coins to the rich.

Daytrading Bitcoins is a dangerous game, and a completely reckless game during a bull market.

Most in here delude themselves by seeing their fiat profits going up, so they don't feel so bad by losing coins.

I'd say that:

a) more than 5 trades per month is reckless, considering the high fees + slippage.
b) the only good moment to trade is a bear market - and there's is no bear market ATM (this could change in the next days/hours, but I wouldn't bet on it).

+1, but I think there are short windows in bull market where you can make low risk profit by trading, but I'm not an advocate of daytrading. And yes this is not a bear market atm.
legendary
Activity: 1148
Merit: 1018
@rpietila, back on board, or still waiting for cheaper coins?
He's made it clear when he plans to re-enter..why not just let him say he's re-entering himself if he deviated from his plan which I doubt he would do without some major revelation.
And you should believe him; why exactly? Wink

He did give up advance warning of his Saturday night sell off, which I'm equating with that well planned multi-exchange 10K sell off.



I don't think he's gonna time stamp it for us... but he's not all out.. so why is it people try to troll him as if he doesn't have the required BtC to reap the rewards of to the moon scenarios.




Ristos post are very much appreciated (especially in his "second era" on Bitcointalk). We just make a bit of fun because his last "famous prediction" was $300k per coin by the end of 2013, and he made that prediction during the bear market that followed the bubble pop on April, 10th.

It's kinda funny that his last bold prediction is precisely a bear market during a bull run. He might be right and this bubble popped too one week ago, but its not yet confirmed at all - in fact the price has climbed since he sold.

TL;DR: we are just having some healthy fun.
legendary
Activity: 1148
Merit: 1018
All rpietila coins are belong to us

Cheesy Cheesy Cheesy Cheesy

I have to say that I don't feel so sorry about the rich who lose major amount of coins, but I do feel sorry for the poor who give up their few coins to the rich.

Daytrading Bitcoins is a dangerous game, and a completely reckless game during a bull market.

Most in here delude themselves by seeing their fiat profits going up, so they don't feel so bad by losing coins.

I'd say that:

a) more than 5 trades per month is reckless, considering the high fees + slippage.
b) the only good moment to trade is a bear market - and there's is no bear market ATM (this could change in the next days/hours, but I wouldn't bet on it).
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 574
Merit: 500
@rpietila, back on board, or still waiting for cheaper coins?
He's made it clear when he plans to re-enter..why not just let him say he's re-entering himself if he deviated from his plan which I doubt he would do without some major revelation.
And you should believe him; why exactly? Wink

He did give up advance warning of his Saturday night sell off, which I'm equating with that well planned multi-exchange 10K sell off.



I don't think he's gonna time stamp it for us... but he's not all out.. so why is it people try to troll him as if he doesn't have the required BtC to reap the rewards of to the moon scenarios.


full member
Activity: 238
Merit: 100
All rpietila coins are belong to us

Cheesy Cheesy Cheesy Cheesy

I have to say that I don't feel so sorry about the rich who lose major amount of coins, but I do feel sorry for the poor who give up their few coins to the rich.
hero member
Activity: 750
Merit: 601
@rpietila, back on board, or still waiting for cheaper coins?
He's made it clear when he plans to re-enter..why not just let him say he's re-entering himself if he deviated from his plan which I doubt he would do without some major revelation.
And you should believe him; why exactly? Wink

He did give up advance warning of his Saturday night sell off, which I'm equating with that well planned multi-exchange 10K sell off.

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
@rpietila, back on board, or still waiting for cheaper coins?

He's made it clear when he plans to re-enter..why not just let him say he's re-entering himself if he deviated from his plan which I doubt he would do without some major revelation.


And you should believe him; why exactly? Wink
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