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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32317. (Read 26713928 times)

donator
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-Bitcoin & Ripple-
CORRECTION IS CLOSER AND CLOSER
full member
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Did anybody not see this coming?

...

But this last push was about as obvious as they come.
just throwing this out there, because i've been seeing you post a lot. ~ five days ago, you said:
I think we hang out in a $20-$40 range for a bit before testing the ATHs early next year, but that doesn't mean even 2014 want see some days (or hours) under 150.
let's not pat ourselves too hard on the back, now....
legendary
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
240. Choo choooooooo!

legendary
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Gresham's Lawyer
legendary
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Did anybody not see this coming? This is the first time I have actually traded BTC.  I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k.  Bought positions on Saturday night.  I rarely see a more obvious time to buy.

I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.

But this last push was about as obvious as they come.

To be frank though, if we'd gone down would you have told everyone about your obvious play?   

I'll bet you would have kept that one to yourself.   Tongue
legendary
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legendary
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Gresham's Lawyer
Agreed, poor taste.  Would you show a GIF of the twin towers collapsing a few months after 9/11 to infer that a market crash was incoming?  Me thinks not.

But moving on...   Cheesy

If you wanted to post something more appropriate (for the day anyway)
http://www.youtube.com/watch?v=D9gYhnUKehU

Train and explosions included.
full member
Activity: 202
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So Bitstamp just passed it's all time closing high?  $229?

Yeah, I figured this would be the first real resistance this week. Didn't think we would be here on Monday, though.

If we consolidate here, not much stopping us from going to $250. Except $240, lol.

After $250 then its a race to $259, where some real resistance should come in.

After that - blue skies.

Guess it partly depends on how people just getting there money into Bitstamp behave?  I know I bought within 2 days.  $260 is the ATH for Bitstamp so I reckon they'll place as soon as they can.
legendary
Activity: 2156
Merit: 1070
Did anybody not see this coming? This is the first time I have actually traded BTC.  I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k.  Bought positions on Saturday night.  I rarely see a more obvious time to buy.

I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.

But this last push was about as obvious as they come.
I went all in but chickened out of using margin, partly because bit stamp was having an issue and bitfinex was trading $3 over. Now I really regret it. Is it still safe? Should I wait until the next dip?

See my post above. It all depends on how fast the dips last. We are at the first real point of resistance - 229. If we don't dip from here, then its to 250. And then to 259.

So we might slow down the momentum, but as long as we have things like Coinbase saying early in the morning that it has reached it "buy" limit, I don't see how we go anywhere but up. I also suspect that not all the funds reached Bitstamp accounts today from incoming latent wires.

I think its a foregone conclusion that we test the highs, it just a matter if it's 2-3 days or 2-3 weeks.  You pay more margin at 2-3 weeks, but you are still profitable if this happens.
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 728
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Did anybody not see this coming? This is the first time I have actually traded BTC.  I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k.  Bought positions on Saturday night.  I rarely see a more obvious time to buy.

I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.

But this last push was about as obvious as they come.
I went all in but chickened out of using margin, partly because bit stamp was having an issue and bitfinex was trading $3 over. Now I really regret it. Is it still safe? Should I wait until the next dip?
legendary
Activity: 2156
Merit: 1070
So Bitstamp just passed it's all time closing high?  $229?

Yeah, I figured this would be the first real resistance this week. Didn't think we would be here on Monday, though.

If we consolidate here, not much stopping us from going to $250. Except $240, lol.

After $250 then its a race to $259, where some real resistance should come in.

After that - blue skies.
full member
Activity: 202
Merit: 100
So Bitstamp just passed it's all time closing high?  $229?
legendary
Activity: 2156
Merit: 1070
Did anybody not see this coming? This is the first time I have actually traded BTC.  I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k.  Bought positions on Saturday night.  I rarely see a more obvious time to buy.

I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.

But this last push was about as obvious as they come.

Almost went long.  Couldn't stomach 60+% APR on Bitfinex..    :/ 





It was only 42%. Its been low for over a week.
legendary
Activity: 1400
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Remember early this year how we had to endure three months of stopped clocks calling for a crash every day?

It's going to be like that again for a while.
legendary
Activity: 1168
Merit: 1000
Did anybody not see this coming? This is the first time I have actually traded BTC.  I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k.  Bought positions on Saturday night.  I rarely see a more obvious time to buy.

I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.

But this last push was about as obvious as they come.

Almost went long.  Couldn't stomach 60+% APR on Bitfinex..    :/  

Funny thing is, I think we're just getting started. 
full member
Activity: 204
Merit: 100
i was all pumped about the price movement but you guys are really depressing the hell out of me up in here, damn
legendary
Activity: 2156
Merit: 1070
Did anybody not see this coming? This is the first time I have actually traded BTC.  I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k.  Bought positions on Saturday night.  I rarely see a more obvious time to buy.

I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.

But this last push was about as obvious as they come.
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