Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31972. (Read 26731830 times)
November 19, 2013, 09:15:54 PM
Its very obvious at this point that BTC is back in a upwards trend.
November 19, 2013, 09:12:27 PM
Alright its time I jump in and ask my obligatory "worried guy" question:
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Hold. Hold, hold hold. Do you have a bot? Then forgot about trying to trade for profit, you're going to get steamrolled by people who know what they are doing.
The market may bleed money over the next days or weeks. Do not worry about it. Look at the 1-year chart and take a deep breath.
Thank me in six months.
I've got several bots but sadly I'm not "smart" enough to quite get them configured right. I bought the HaasOnline bot and the Butter Bot. The various configs I've tried the past couple of times on each have ended up costing me -- so clearly I'm not getting the right variables configured in these to capitalize on the swings.
I've got 7BTC left...after my bot misfortunes...of which 5BTC is "frozen" in my freezer into an block of ice. The remaining 2BTC is what I planned to try and work with if it makes sense to try again wth the bots or just to manually trade for myself...
I think you should probably cut your losses, man, especially if you're new to trading. I've been doing this successfully in the real world for years and I still don't like technical trading.
But it is fun to watch.
The block of ice is hilarious, BTW. Laminated paper wallet? I might even do that.
I would have laminated it but I dont' have a lamination machine. I just got the paper double bagged in two ziplocks. That is then folded and put into a small tupperware container...which is water tight...and then frozen. My bank was asking too much for even their smallest safety deposit box. I'm actually thinking of thawing it out and sending a copy to my family as a backup... ONe thing I hadn't thought of is if my apartment building burns down or somethign...or if we have another Hurricane Sandy, I might lose the private keys...so I guess i know what i'm doing this weekend.
Remember, if there are two copies it's twice as easy to steal the coins. Make sure your family knows how to keep it safe, and NO CAMERAS EVER.
November 19, 2013, 09:11:27 PM
@worldlybedouin
I would be pretty scared playing with crappy printer ink and freezers :/
Why not just make a paper wallet with 2-factor encryption. That way you can make many copies of it without worries and even store some in the cloud. Nobody can use your bitcoins from that wallet without knowing the password.
Edit:
Is fiat starting to flow to stamp, there seems to be a lot of buying pressure?
I would be pretty scared playing with crappy printer ink and freezers :/
Why not just make a paper wallet with 2-factor encryption. That way you can make many copies of it without worries and even store some in the cloud. Nobody can use your bitcoins from that wallet without knowing the password.
Edit:
Is fiat starting to flow to stamp, there seems to be a lot of buying pressure?
November 19, 2013, 09:11:11 PM
which is more likely $300 a bitcoin or $2500 should I buy hold or sell?
November 19, 2013, 09:08:34 PM
GoxBux is not worth holding, most back on the books, building buying pressure until it explodes. 
Wow, the bulls and bears are quite literally chasing each other up the orderbook.
The bears are surely back, but the bulls are far from done.
Finally a little bit of stability?
Edit: Oh who am I kidding, China is waking up soon. Stability for them means PANIC BUY.
November 19, 2013, 09:06:13 PM
GoxBux is not worth holding, most back on the books, building buying pressure until it explodes.
Wow, the bulls and bears are quite literally chasing each other up the orderbook.
The bears are surely back, but the bulls are far from done.
November 19, 2013, 09:05:45 PM
Alright its time I jump in and ask my obligatory "worried guy" question:
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Hold. Hold, hold hold. Do you have a bot? Then forgot about trying to trade for profit, you're going to get steamrolled by people who know what they are doing.
The market may bleed money over the next days or weeks. Do not worry about it. Look at the 1-year chart and take a deep breath.
Thank me in six months.
I've got several bots but sadly I'm not "smart" enough to quite get them configured right. I bought the HaasOnline bot and the Butter Bot. The various configs I've tried the past couple of times on each have ended up costing me -- so clearly I'm not getting the right variables configured in these to capitalize on the swings.
I've got 7BTC left...after my bot misfortunes...of which 5BTC is "frozen" in my freezer into an block of ice. The remaining 2BTC is what I planned to try and work with if it makes sense to try again wth the bots or just to manually trade for myself...
I think you should probably cut your losses, man, especially if you're new to trading. I've been doing this successfully in the real world for years and I still don't like technical trading.
But it is fun to watch.
The block of ice is hilarious, BTW. Laminated paper wallet? I might even do that.
I would have laminated it but I dont' have a lamination machine. I just got the paper double bagged in two ziplocks. That is then folded and put into a small tupperware container...which is water tight...and then frozen. My bank was asking too much for even their smallest safety deposit box. I'm actually thinking of thawing it out and sending a copy to my family as a backup... ONe thing I hadn't thought of is if my apartment building burns down or somethign...or if we have another Hurricane Sandy, I might lose the private keys...so I guess i know what i'm doing this weekend.
November 19, 2013, 09:05:39 PM
Stuff going to start to get crazy when do the Chinese wake up?
November 19, 2013, 09:01:35 PM
November 19, 2013, 09:00:47 PM
If you compare the charts of the April correction and this one, this one looks a hell of a lot more bullish. In April, the initial crash lost roughly 60% of its price. The second day even lower and the third day it bottomed at about 18% of high 3 days before.
This correction lost about 33% of its value initially and then had a huge snap back recovering almost all its gains on Gox. The 2nd leg down took us to $500 or about 55% of the high.
Now we are in the 3rd leg down. This will probably establish our low on this correction. If we do not break $500, it will be very bullish. We will probably consolidate and start to move up.
If we break $500 on this next leg down we could go some more legs down.
I think we will know in the next 24-48 hours if this has bottomed out.
This correction lost about 33% of its value initially and then had a huge snap back recovering almost all its gains on Gox. The 2nd leg down took us to $500 or about 55% of the high.
Now we are in the 3rd leg down. This will probably establish our low on this correction. If we do not break $500, it will be very bullish. We will probably consolidate and start to move up.
If we break $500 on this next leg down we could go some more legs down.
I think we will know in the next 24-48 hours if this has bottomed out.
November 19, 2013, 08:58:48 PM
Alright its time I jump in and ask my obligatory "worried guy" question:
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Hold. Hold, hold hold. Do you have a bot? Then forgot about trying to trade for profit, you're going to get steamrolled by people who know what they are doing.
The market may bleed money over the next days or weeks. Do not worry about it. Look at the 1-year chart and take a deep breath.
Thank me in six months.
I've got several bots but sadly I'm not "smart" enough to quite get them configured right. I bought the HaasOnline bot and the Butter Bot. The various configs I've tried the past couple of times on each have ended up costing me -- so clearly I'm not getting the right variables configured in these to capitalize on the swings.
I've got 7BTC left...after my bot misfortunes...of which 5BTC is "frozen" in my freezer into an block of ice. The remaining 2BTC is what I planned to try and work with if it makes sense to try again wth the bots or just to manually trade for myself...
I think you should probably cut your losses, man, especially if you're new to trading. I've been doing this successfully in the real world for years and I still don't like technical trading.
But it is fun to watch.
The block of ice is hilarious, BTW. Laminated paper wallet? I might even do that.
November 19, 2013, 08:57:04 PM
Alright its time I jump in and ask my obligatory "worried guy" question:
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Hold. Hold, hold hold. Do you have a bot? Then forgot about trying to trade for profit, you're going to get steamrolled by people who know what they are doing.
The market may bleed money over the next days or weeks. Do not worry about it. Look at the 1-year chart and take a deep breath.
Thank me in six months.
I've got several bots but sadly I'm not "smart" enough to quite get them configured right. I bought the HaasOnline bot and the Butter Bot. The various configs I've tried the past couple of times on each have ended up costing me -- so clearly I'm not getting the right variables configured in these to capitalize on the swings.
I've got 7BTC left...after my bot misfortunes...of which 5BTC is "frozen" in my freezer into an block of ice. The remaining 2BTC is what I planned to try and work with if it makes sense to try again wth the bots or just to manually trade for myself...
November 19, 2013, 08:55:26 PM
Alright its time I jump in and ask my obligatory "worried guy" question:
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
if it drops lower sell it
November 19, 2013, 08:53:15 PM
The money hasn't even arrived yet from all this media attention! We were in top 3 google searches just a few days ago! That's going to be huge, but you need to wait a week patiently!
November 19, 2013, 08:52:26 PM
Alright its time I jump in and ask my obligatory "worried guy" question:
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Hold. Hold, hold hold. Do you have a bot? Then forget about trying to trade for profit, you're going to get steamrolled by people who know what they are doing.
The market may bleed money over the next days or weeks. Do not worry about it. Look at the 1-year chart and take a deep breath.
Thank me in six months.
November 19, 2013, 08:51:14 PM
Alright its time I jump in and ask my obligatory "worried guy" question:
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
Bought 1BTC @ $717USD. Do I hold or sell?
I have no strategy, no system, and most definately not a day trader...
FYI, I've "bought in" at a couple of diff price points so my weighted average cost per BTC is about $475...so that combined with my "greedy" nature is telling me to hold even though I'm staring at the blood-red candle sticks on this graph.
Help! Talk this wanna-be Bull away from the Bear ledge!
November 19, 2013, 08:51:07 PM
Bujaka! What the hell just happened on stamp?
November 19, 2013, 08:46:27 PM
What can we expect in the morning (european time), when the fresh money hits bitstamp? It's know that they didn't get deposits since friday... and as we can see on their FB page could be alot of fiat on the way 
Jump back to 700$?
Jump back to 700$?
$650 gox.
Temper your expectations. This is not a get-rich-instantly scheme, it's a get-rich-quick scheme.
Afford Bitcoin the same patience as you would any stock and you'll do just fine.
November 19, 2013, 08:42:45 PM
Weird, Bitstamp and Gox are on a collision course.
BRACE FOR IMPACT!
November 19, 2013, 08:39:21 PM
Weird, Bitstamp and Gox are on a collision course.
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