Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31651.

Coinseeker

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Quote from: 600watt on November 24, 2013, 07:19:37 AM

Quote from: Zangelbert Bingledack on November 24, 2013, 06:22:35 AM

Barry Silbert: 2013 was the year of venture capital. 2014 will be the year of Wall Street.

Buckle up.

most of us owe mr silbert a lot Grin

Smart guy, Silbert is. Ripple Labs investor too. Nice! Wink

http://www.maxkeiser.com/2013/11/kr527-keiser-report-gold-silver-bitcoin-ftw/

(23:20)

ardana123

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Quote from: windjc on November 24, 2013, 04:10:54 AM

Quote from: Pruden on November 24, 2013, 04:07:24 AM

Quote from: Richy_T on November 24, 2013, 02:04:30 AM

Quote from: Wekkel on November 24, 2013, 01:55:24 AM

So, where is this magic $1,000?

Power is flowing away from Bitcoin.

2krpm is where the turbo kicks in on my car.

And you are aware that's a temperature gauge, not a fuel gauge on the left, right?

Which would mean you are kicking in the turbo without a proper oil temperature, which leads to failure. I'm not sure the increased bid sum this week is not due to money arriving late to the party, the next week might be more pessimistic as we see last monday's crashcorrection effect on new adopters.

Really? Do you really think that? Because I saw zero articles and news reports about the bitcoin correction. But I saw dozens about the boom.

The only people that know it corrected are already trading it.

Everyone only knows it went from 200 to 800 in 2 weeks.

I expect a lot of money to bit the market this week.

After that we will see.

Someone wants the price to go up Undecided

Getting nervous?
Now I hope we go down, Down, DOWN and YOU panic sell Cheesy

600watt

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Quote from: Zangelbert Bingledack on November 24, 2013, 06:22:35 AM

Barry Silbert: 2013 was the year of venture capital. 2014 will be the year of Wall Street.

Buckle up.

most of us owe mr silbert a lot Grin

maz

full member

Activity: 140

Merit: 100

I'm aware of all the good news that been coming out lately and how this creates a strong bullish sentiment. But having no previous market experience I'm just wondering if any of you other guys have some sort of term for when a market becomes 'saturated' with good news and shows a tendency to go sideways? or even down? People keep saying good news! more good news! But eventually there will be a point even for the short term, when all the people likely to invest (during this run of 'new' good news) will have either researched and disregarded, or actually invested?

Not being bearish or trolling, but it's hard to sort the wheat from the chaff when so many posters on here are blindly bullish through emotion or investment.

gandhibt

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hlynur

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Quote from: Zangelbert Bingledack on November 24, 2013, 06:37:48 AM

The way the holders have the balls to hold is that they understand what is happening. The world is switching over to secure digital asset ledgers. They are simply unquestionably superior. Since they've already cashed out enough fiat currency to meet their daily needs, the only thing they care about is increasing their share in that asset register.

If you want be able to hold on to your coins, deeper research and thought about the system in the grand sweep of things is essential. Here are some links for deep Bitcoin scholarship:
....

saved as lecture during cold winterdays

thanks, this should be a sticky...(or is it already?)

edit: i'll put mike hearn's talk on documentary thread

Wekkel

legendary

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yes

Even if you do not catch the crypto currency wave early, you will still benefit of the fairness and wealth-creating/preserving aspects of this technology.

A new Golden Age.

micalith

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Activity: 894

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Quote from: Zangelbert Bingledack on November 24, 2013, 06:37:48 AM

The way the holders have the balls to hold is that they understand what is happening. The world is switching over to secure digital asset ledgers. They are simply unquestionably superior. Since they've already cashed out enough fiat currency to meet their daily needs, the only thing they care about is increasing their share in that asset register.

If you want be able to hold on to your coins, deeper research and thought about the system in the grand sweep of things is essential. Here are some links for deep Bitcoin scholarship:

Money as Memory

http://www.minneapolisfed.org/research/sr/sr218.pdf
http://www.reddit.com/r/Bitcoin/comments/1fw3m5/bitcoin_is_memory/
https://bitcointalksearch.org/topic/bitcoin-is-memory-232137
http://libertyhq.freeforums.org/fed-economist-predicts-bitcoin-will-end-the-fed-t938-20.html
https://bitcointalksearch.org/topic/m.2450191
http://archive.freecapitalists.org/forums/t/31743.aspx

Natural Order

I, Pencil video: http://www.youtube.com/watch?v=IYO3tOqDISE
I, Pencil essay: http://en.wikisource.org/wiki/I,_Pencil
http://mises.org/journals/scholar/hasnas.pdf
http://faculty.msb.edu/hasnasj/GTWebsite/TIL.PDF
http://archive.freecapitalists.org/forums/t/8889.aspx
http://archive.freecapitalists.org//forums/t/18619.aspx
Google "FA Hayek, The Fatal Conceit" (book, available in PDF)

Panarchy

Balaji Srinivasan, Silicon Valley's Ultimate Exit: http://www.youtube.com/watch?v=cOubCHLXT6A&t=1m0s
http://athousandnations.com/2009/10/20/towards-youtopia-are-all-public-good-providers-earthbound/
http://www.panarchy.org/knott/bitcoin.html

Economics

Google "Economics in One Lesson" (book, available in PDF)
http://mises.org/Books/humanaction.pdf (PDF)

Also look into the revolutionary nature of:

- P2P

- Open Source

- Cryptography

Summaries

http://evoorhees.blogspot.ch/2013/05/bitcoin-2013-role-of-bitcoin-as-money.html
http://konradsgraf.squarespace.com/storage/On%20the%20Origins%20of%20Bitcoin%20Graf%2023.10.13.pdf
http://archive.freecapitalists.org/forums/p/32931/512864.aspx
https://bitcointalksearch.org/topic/m.2450191

Future Applications

Mike Hearn's 2012 talk: http://www.youtube.com/watch?v=mD4L7xDNCmA

nice post!

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Quote from: Zangelbert Bingledack on November 24, 2013, 06:37:48 AM

deep Bitcoin scholarship:

[...]

Exactly. Saved in my Evernote scrips... Grin

MickeyT2008

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Activity: 350

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This account was recently hacked

Quote from: NewLiberty on November 24, 2013, 06:39:20 AM

Quote from: ?? on ??

Quote from: UnDerDoG81 on November 24, 2013, 04:21:21 AM

Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$

Rule number one on bitcoin : do not sell on weekends.

Rule number two : do not sell on weekdays
Rule number three : do not sell at night
Rule number four : bitcoin is global, it is always night somewhere.

Rule number five: Don't go to sleep during trading hours - no sleep for Bitcoin speculators

NewLiberty

legendary

Activity: 1204

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Gresham's Lawyer

Quote from: ?? on ??

Quote from: UnDerDoG81 on November 24, 2013, 04:21:21 AM

Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$

Rule number one on bitcoin : do not sell on weekends.

Rule number two : do not sell on weekdays
Rule number three : do not sell at night
Rule number four : bitcoin is global, it is always night somewhere.

Zangelbert Bingledack

legendary

Activity: 1036

Merit: 1000

The way the holders have the balls to hold is that they understand what is happening. The world is switching over to secure digital asset ledgers. They are simply unquestionably superior. Since they've already cashed out enough fiat currency to meet their daily needs, the only thing they care about is increasing their share in that asset register.

If you want be able to hold on to your coins, deeper research and thought about the system in the grand sweep of things is essential. Here are some links for deep Bitcoin scholarship:

Money as Memory

http://www.minneapolisfed.org/research/sr/sr218.pdf
http://www.reddit.com/r/Bitcoin/comments/1fw3m5/bitcoin_is_memory/
https://bitcointalksearch.org/topic/bitcoin-is-memory-232137
http://libertyhq.freeforums.org/fed-economist-predicts-bitcoin-will-end-the-fed-t938-20.html
https://bitcointalksearch.org/topic/m.2450191
http://archive.freecapitalists.org/forums/t/31743.aspx

Natural Order

I, Pencil video: http://www.youtube.com/watch?v=IYO3tOqDISE
I, Pencil essay: http://en.wikisource.org/wiki/I,_Pencil
http://mises.org/journals/scholar/hasnas.pdf
http://faculty.msb.edu/hasnasj/GTWebsite/TIL.PDF
http://archive.freecapitalists.org/forums/t/8889.aspx
http://archive.freecapitalists.org//forums/t/18619.aspx
Google "FA Hayek, The Fatal Conceit" (book, available in PDF)

Panarchy

Balaji Srinivasan, Silicon Valley's Ultimate Exit: http://www.youtube.com/watch?v=cOubCHLXT6A&t=1m0s
http://athousandnations.com/2009/10/20/towards-youtopia-are-all-public-good-providers-earthbound/
http://www.panarchy.org/knott/bitcoin.html
Nullification: A Libertarian Gallop through American History

Economics

Google "Economics in One Lesson" (book, available in PDF)
http://mises.org/Books/humanaction.pdf (PDF)
Applying Economics to American History: http://www.youtube.com/watch?v=m-LJ3wZjD4I
Trade is Made of Win
Trade is Made of Win, Part 2

Also look into the revolutionary nature of:

- P2P

- Open Source

- Cryptography

(^ need links here, anyone feel free to add to this list and distribute)

Summaries

http://evoorhees.blogspot.ch/2013/05/bitcoin-2013-role-of-bitcoin-as-money.html
http://konradsgraf.squarespace.com/storage/On%20the%20Origins%20of%20Bitcoin%20Graf%2023.10.13.pdf
http://archive.freecapitalists.org/forums/p/32931/512864.aspx
https://bitcointalksearch.org/topic/m.2450191

Future Applications

Mike Hearn's 2012 talk: http://www.youtube.com/watch?v=mD4L7xDNCmA

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: Rampion on November 24, 2013, 05:36:54 AM

Quote from: UnDerDoG81 on November 24, 2013, 04:21:21 AM

Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$

Just sell everything and forget about Bitcoin. If you are nervous it means you invested more than what you can afford to lose - that will make you too emotional and you will panic sell as soon as the price crashes (and there will be many crashes on the way up).

With that approach you will lose this game. The way to win this game? Invest what you can afford to lose and hold for the long run. Take some profits on the way, but hold onto the vast majority of your coins through bubbles and crashes. That strategy NEVER failed so far.

jeez..i just started mining around 1 month ago..by my best calculation I'll have 25 btc at the end of the current month all together conservatively (started mining oct 18th).....and that is as a noob his first month mining....more or less..how you guys manage to hang on to 100/1000/10000 coins is beyond me.....I'm finding major shrinkage going on downstairs the closer this stuff gets to 1000usd for a btc

just saying ...... I guess this is where you find out if you have big brass ones or not

so far holding

Zangelbert Bingledack

legendary

Activity: 1036

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Barry Silbert: 2013 was the year of venture capital. 2014 will be the year of Wall Street.

Buckle up.

Zangelbert Bingledack

legendary

Activity: 1036

Merit: 1000

Quote from: Voodah on November 24, 2013, 06:13:11 AM

Why is everyone telling him to sell?

The advice should be: don't trade. Put it away for a long time, in cold secure place.

It's just rhetorical. I wouldn't expect him to actually sell it all.

What someone who is nervous at these tiny fluctuations should do is either self-bind like you suggested, or simply sell enough that they no longer feel so nervous.

Voodah

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Why is everyone telling him to sell?

The advice should be: don't trade. Put it away for a long time, in cold secure place.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Zangelbert Bingledack

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Quote from: windjc on November 24, 2013, 04:29:20 AM

Quote from: UnDerDoG81 on November 24, 2013, 04:21:21 AM

Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$

I'm going to be very honest with you. You probably should not be trading bitcoin. If you are worried right now about your 13k investment just cash out and go do something else. You are asking all these questions on this forum without researching for yourself.

If today makes you nervous this isn't for you. Just keep enough that you don't mind losing and walk away. Check back next year to see how it's doing.

+1

philip2000uk

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Activity: 276

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Quote from: UnDerDoG81 on November 24, 2013, 04:21:21 AM

Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$

Don't sell it. I spent $700 in total and i am not really looking at the price until it hits $150,000

Rampion

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Quote from: UnDerDoG81 on November 24, 2013, 04:21:21 AM

Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$

Just sell everything and forget about Bitcoin. If you are nervous it means you invested more than what you can afford to lose - that will make you too emotional and you will panic sell as soon as the price crashes (and there will be many crashes on the way up).

With that approach you will lose this game. The way to win this game? Invest what you can afford to lose and hold for the long run. Take some profits on the way, but hold onto the vast majority of your coins through bubbles and crashes. That strategy NEVER failed so far.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31651. (Read 26610002 times)