Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31739. (Read 26608070 times)

Damn... I missed the prediction by 1 day

allot of talk of holding, but if the price gets into 4 figures, my uber-careful coward trading (decimals per week when not crazy volatile like now) would be enough to start shifting my basic life costs to bitcoin where available. I get the feeling that the number of us in a similar situation is fast reaching critical mass.

getting ready I guess ?

OK, now someone's just playing!



Do a rabbit next.

 

i cant do it

i cant sell me coins! 

oh come on it was a pop, what news is going to out do the hearing?

just  sell...

All excellent points that I'd say even most bears on here generally hold, and bulls certainly do. There really is so much potential it is incredible, and with the USA senate hearings coming off overall quite positive the future is looking better than ever.  

It's possible that the price go little bit down before going up again, don't panic then.

It's important in trading to make rational plan and then when you are all emotional and watch the price to go up and down, it's a lot easier to react when you have plan to follow.

So I've been a mega bear lately, but I stopped myself to do some reasonable thinking.
1. Every time we have a huge run up in price and then a major correction we still land high above where we started.
2. We may be gettin toyed with by the whales shaking weak hands but in the long run they are accumulating more coins. They are not doing this to sell them low later.
3. With all of the VC and big multi millionaire supporters of bitcoins who have millions of dollars invested in Bitcoin and related startups I am sure they are not going to allow their investments to dwindle at the hands of day traders. I'm sure they will help stabilize the price if need be (from a seriously detrimental crash) and protect their assets.
4. I was under the assumption that we needed mass adoption for BTC to really take off and that these huge price swings scared the general public. I was wrong. All when need is savy investors and funds to buy into BTC (which is what's happening) and a few major sites to tell people they accept BTC and the general public will just follow suit like they do with everything. In the end the general public will be invested in BTC and may not even realize via retirement funds etc.
5. I have always believed that global corporations will see the technology of BTC and begin using it as a method of transferring their funds globally avoiding hefty fees, taxation etc. if I truly believe this (and I do) that alone will send the price sky rocketing.

So in the end. As the song goes I will http://youtu.be/NG1qooBzE2w

Mirso, stop pretending you know a shit about trading as if someone was listening to you in last week or so, he would be lost like Alice in Wonderland.

Yeah me too...if it is a "speculative bubble" and whoever is last holding the bag...the odds are still good with like 3 billion soon to be middle class Chinese ...looking for investment..plenty of time to use evil genus plan and run away to evil paid for btc lair.....ah ha...(twirls evil genius mustache) ...delusion the only way to go thru life!

True, true. But according to some (probably trolling) theorists we should be in the 2 digit to 300$ range by now.


Yep, still a bit new to this, but I've figured I'll hold to the moon and beyond :-)

Jeez it is like California *Whale Watching* on this thread...I'll just keep my 1 month of making 21 btc and stand in the corner over here less I get crushed by all the "Waltzing Whales"....should make a reality show "Real Bitcoiner's from Santa Claria" The drama the crying the gasping in dismay/joy....(crap actually that is just weird enough to work would be like "nerd porn*

+1

Miss dollars?
I thought you are in for BTC?

But it seems most are in for profit in "dirty" fiat in the long run.

You can allways buy back? It doesn't really matte if you get in @ 700 or 900 when the price goes to 2000$ -> but don't forget to SELL! or you didn't make any profit at all and  you have no chance to increase your BTC holdings.

This will probably bounce violently in the 700 range. Fun for everyone involved! Just make a quick 1 BTC in my break time.

same for me

All in again? What about your ramblings about the bubble popping, bad publicity for Bitcoin and BLAH BLAH BLAH.

You are weak if you thought this was a bubble pop at $550 and now you bought back at a los at $695. Bubble pop or correction is not confirmed yet, I don't see why you changed your "analysis" in such a way in just 24h. Maybe you are just being overemotional?

no.

if we go past 722 I will rebuy.

I'm all in again. I just agreed to purchase a roll of Casascius Coins from my friend as soon as they arrive. Grabbed a few electronic ones as well. So Bulls please feel free to go crazy!