Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31716.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: TERA on November 21, 2013, 07:03:21 PM

I heard there was a 96% drop in 2011 also, and those who bought anywhere near the high didnt see their money for two years. You cant deny that bitcoin is a high risk investment. Anything can happen So in a worst case scenario I want my funds to at least maintain the same order of magnitude, and I want enough funds to be able to take significant margin positions on a crapload on coins during volatility to make some of it back. This is what I mean by a hedge.

You "heard"?

I'd look at the charts before even trying to trade in the BTC market Cheesy

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: Rampion on November 21, 2013, 07:00:52 PM

Quote from: MoreFun on November 21, 2013, 06:57:59 PM

Quote from: tHash on November 21, 2013, 06:49:02 PM

Quote from: MoreFun on November 21, 2013, 06:39:20 PM

Quote from: ardana123 on November 21, 2013, 06:37:29 PM

Any particular reason why the bitcoin price would surge due to merchant adoption? Let's all be honest with each other, bitcoin is still hard as fuck to use for the average person when buying something. Couple that with the volatility and there's just no incentive for anyone to use bitcoin over dollars.

All it would achieve is bring in more speculators who want in on the craze because they think they might make some profit. Yes that might surge the price temporarily, but it would drop just as fast as soon as everyone realizes everyone else is just here to make profits.

Are you frozenlock or why you have his image?

He is definitely not Frozenlock. I have no idea why he stole his image, or why we have not heard from Frozen for quite a while. I would speculate Frozen never bought back in after the April correction, since he said he was not holding through the fall again, and was expecting prices to fall much further than they did. This guy who stole his avatar said in a post he only got into BTC this year.

He is not, much different type of thinking and writing yea. I think he bought back, at least he said he ended daytrading cause this fucked him up.

Nice stories, but either he told you them privately or you are making them up: https://bitcointalksearch.org/user/frozenlock-13296

He didn't tell me. I am thinking that he learnt some things in the meantime like not daytrading if you suck at it and not going against the strong trend for too long.

Pruden

hero member

Activity: 496

Merit: 500

Spanish Bitcoin trader

Quote from: tomjo7 on November 21, 2013, 07:04:16 PM

Quote from: ChartBuddy on November 21, 2013, 07:01:44 PM

That looks ominous.

As usual after a swift move, wait for the bids to take their position.

And then WEEEEEEEE! Grin

nanobrain

legendary

Activity: 1008

Merit: 1000

Dumb broad

Quote from: YoYa on November 21, 2013, 06:32:59 PM

Quote from: nanobrain on November 21, 2013, 06:28:12 PM

Quote from: YoYa on November 21, 2013, 06:05:21 PM

Good morning HK,

Friday, 22 November 2013, 07:04:47 HKT

A good day to make history?

Where in HK are you YoYa?

Afraid I'm not in HK, Europe atm. But hopefully someday I'll get to do some window shopping of top floor apartments there...... Tongue

I was just saying hello to all those wonderful Chinese traders who'll take us to the moon Wink

I'd be interested to know what platform HK trades on.

I learnt yesterday that BTCChina doesn't accept HK bank accounts (whihc is very unfortunate). As an SAR HK residents have far greater privileges with regard to forex, so it would be interesting to know what exchanges are popular there.

YoYa

hero member

Activity: 809

Merit: 501

Always verify deals with me through my public key!

BTCChina: 838.83/5114.94

Taxidermista

legendary

Activity: 1148

Merit: 1001

Quote from: Nightowlace on November 21, 2013, 06:19:59 PM

Bitcoin!
Subway is in board! This is exciting!

https://twitter.com/SUBWAY/status/403628068222156801

tomjo7

newbie

Activity: 47

Merit: 0

Quote from: ChartBuddy on November 21, 2013, 07:01:44 PM

http://www.rtcons.com/wall/16030.23.small.png

That looks ominous.

TERA

hero member

Activity: 728

Merit: 500

I heard there was a 96% drop in 2011 also, and those who bought anywhere near the high didnt see their money for two years. You cant deny that bitcoin is a high risk investment. Anything can happen So in a worst case scenario I want my funds to at least maintain the same order of magnitude, and I want enough funds to be able to take significant margin positions on a crapload on coins during volatility to make some of it back. This is what I mean by a hedge.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

tHash

sr. member

Activity: 260

Merit: 250

Quote from: maz on November 21, 2013, 06:32:05 PM

Quote from: tHash on November 21, 2013, 06:27:54 PM

Quote from: maz on November 21, 2013, 06:20:11 PM

I wish I had someone to celebrate $1000 with, but my wife hates bitcoin cos I'm always playing with it. and NOBODY in my social world even knows about it, which kind of excites me. My little secret, my precious....

I'll party on my own.

If you party by selling a few coins, and treating your wife, she may warm up to it . . . And then you would have someone to party with Tongue

Gasp!!

lol

I'm just saying a happy wife can be pretty valuable too . . . Wink

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: MoreFun on November 21, 2013, 06:57:59 PM

Quote from: tHash on November 21, 2013, 06:49:02 PM

Quote from: MoreFun on November 21, 2013, 06:39:20 PM

Quote from: ardana123 on November 21, 2013, 06:37:29 PM

Any particular reason why the bitcoin price would surge due to merchant adoption? Let's all be honest with each other, bitcoin is still hard as fuck to use for the average person when buying something. Couple that with the volatility and there's just no incentive for anyone to use bitcoin over dollars.

All it would achieve is bring in more speculators who want in on the craze because they think they might make some profit. Yes that might surge the price temporarily, but it would drop just as fast as soon as everyone realizes everyone else is just here to make profits.

Are you frozenlock or why you have his image?

He is definitely not Frozenlock. I have no idea why he stole his image, or why we have not heard from Frozen for quite a while. I would speculate Frozen never bought back in after the April correction, since he said he was not holding through the fall again, and was expecting prices to fall much further than they did. This guy who stole his avatar said in a post he only got into BTC this year.

He is not, much different type of thinking and writing yea. I think he bought back, at least he said he ended daytrading cause this fucked him up.

Nice stories, but either he told you them privately or you are making them up: https://bitcointalksearch.org/user/frozenlock-13296

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: Pruden on November 21, 2013, 06:57:18 PM

Speculation is the gateway drug to bitcoin.

Nice

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: tHash on November 21, 2013, 06:49:02 PM

Quote from: MoreFun on November 21, 2013, 06:39:20 PM

Quote from: ardana123 on November 21, 2013, 06:37:29 PM

Any particular reason why the bitcoin price would surge due to merchant adoption? Let's all be honest with each other, bitcoin is still hard as fuck to use for the average person when buying something. Couple that with the volatility and there's just no incentive for anyone to use bitcoin over dollars.

All it would achieve is bring in more speculators who want in on the craze because they think they might make some profit. Yes that might surge the price temporarily, but it would drop just as fast as soon as everyone realizes everyone else is just here to make profits.

Are you frozenlock or why you have his image?

He is definitely not Frozenlock. I have no idea why he stole his image, or why we have not heard from Frozen for quite a while. I would speculate Frozen never bought back in after the April correction, since he said he was not holding through the fall again, and was expecting prices to fall much further than they did. This guy who stole his avatar said in a post he only got into BTC this year.

He is not, much different type of thinking and writing yea. I think he bought back, at least he said he ended daytrading cause this fucked him up.

NO2squik

newbie

Activity: 43

Merit: 0

Quote from: barbs on November 21, 2013, 06:55:18 PM

Quote from: TERA on November 21, 2013, 06:53:44 PM

But I'm traumatized from that 80% drop in April. What should I do see a doctor?

i basically sold half my btc at 388$, havent hit my bids yet .. also traumatized from april. she's going up, i was greedy, I deserve it.

I sold nearly all my btc around 360 because there was a huge jump, and I expected a correction. I waited for the big dump, but it never came, and I bought back in at a loss at 550. I made the good decision to sell at 870 before it dropped, so I pretty much made it back.

Pruden

hero member

Activity: 496

Merit: 500

Spanish Bitcoin trader

Quote from: ardana123 on November 21, 2013, 06:46:51 PM

Yes, they will all buy a fluctuating volatile difficult to learn currency just to buy a sandwich. In the process they are prone to losing money while doing all this.

No, they will learn about and buy bitcoin to speculate. Then they will decide to spend it some day, the same way many bitcoiners are now spending their first bitcoins after years of hoarding.

The article on Subway shamelessly talks of the constant appreciation. Speculation is the gateway drug to bitcoin.

YoYa

hero member

Activity: 809

Merit: 501

Always verify deals with me through my public key!