Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32377. (Read 26712874 times)
October 29, 2013, 03:02:27 AM
October 29, 2013, 02:12:12 AM
wtf are you people wait for? Xmas!?, fuck this I'm emptying my bank account tonight.
I almost did this back in 2011 when I was drunk. Why, oh why, didn't I.
For highly analytical people like me, we make some of the best decisions when drunk.
Do you have an explanation for this?
Yeah, it stops second-guessing, lets you go with your gut, keeps you from getting bogged down in the details and missing the forest for the trees. It's a corrective for over-analysis, so it only works if you're actually prone to over-analysis. (The right amount of alcohol. Too much is eventually worse, of course.)
I noticed this too.
+1111111111 couldn't agree more.
Also....bid depth looking healthy!
So, now we know why bitcoin rates move all over the place: you're all drunk when trading!
It sounds like someone that says you should be a little drunk when you drive so your driving is more relaxed.
The decision to get drunk can be made whilst sober.....as with any drug. If you are aware of the benefits of the drug, then you are a very clever manipulator of your own consciousness.
+1
Seems a lot of people like to over-analyze why they like to get drunk...luckily I come from a country where we don't need a reason, just an occasion
I think society would be better off legalizing the other drugs, too. Alcohol is one of the most harmful drugs to society in general and there's a widespread dependence problems due to social acceptance / norms. There's nothing to say against responsible use (as with any other drug), but once things escalate, alcohol can produce quite ugly situations.
Sorry to go off on a tangent... volume is picking up a little as Europe wakes up and starts populating the trading stations.
I'm only here because pyramid.
there are more requtoes of the 'deepness' than there are buys/sells on gox
October 29, 2013, 02:09:51 AM
just buy, sell later if you think price is to damn high 
Yeah, it seems bears should get some ammunition so they can actually put their money where their yaws are. It seems it's only roaring nowadays.
October 29, 2013, 02:04:26 AM
wtf are you people wait for? Xmas!?, fuck this I'm emptying my bank account tonight.
I almost did this back in 2011 when I was drunk. Why, oh why, didn't I.
For highly analytical people like me, we make some of the best decisions when drunk.
Do you have an explanation for this?
Yeah, it stops second-guessing, lets you go with your gut, keeps you from getting bogged down in the details and missing the forest for the trees. It's a corrective for over-analysis, so it only works if you're actually prone to over-analysis. (The right amount of alcohol. Too much is eventually worse, of course.)
I noticed this too.
+1111111111 couldn't agree more.
Also....bid depth looking healthy!
So, now we know why bitcoin rates move all over the place: you're all drunk when trading!
It sounds like someone that says you should be a little drunk when you drive so your driving is more relaxed.
The decision to get drunk can be made whilst sober.....as with any drug. If you are aware of the benefits of the drug, then you are a very clever manipulator of your own consciousness.
+1
Seems a lot of people like to over-analyze why they like to get drunk...luckily I come from a country where we don't need a reason, just an occasion
I think society would be better off legalizing the other drugs, too. Alcohol is one of the most harmful drugs to society in general and there's a widespread dependence problems due to social acceptance / norms. There's nothing to say against responsible use (as with any other drug), but once things escalate, alcohol can produce quite ugly situations.
Sorry to go off on a tangent... volume is picking up a little as Europe wakes up and starts populating the trading stations.
October 29, 2013, 02:02:23 AM
October 29, 2013, 01:11:56 AM
Don't coins automatically get dumped at the end of the month by bitfinex or something?
October 29, 2013, 01:08:50 AM
Just that two trends are meeting right now and there should be some action by the next candle - either a breakout or breakdown.
I agree. Although I think the breakout up or down will not be huge. I actually expect that it might go south, simply because so many people expect it to go up but there are still many many coins to dump. Especially with the approaching holidays.
But news has been bullish so that might take us north. Although today had a lot of bullish news and we didnt move far.
October 29, 2013, 01:03:20 AM
I don't know if this means anything to you, but Localbitcoins selling offers in Europe are worse and illiquid than ever.
I guess that is a clear bullish sign. I won't be surprised if price keeps rising with strength.
I guess that is a clear bullish sign. I won't be surprised if price keeps rising with strength.
October 29, 2013, 01:02:28 AM
October 29, 2013, 01:02:26 AM
Just that two trends are meeting right now and there should be some action by the next candle - either a breakout or breakdown.
October 29, 2013, 12:59:30 AM
October 29, 2013, 12:52:20 AM
October 29, 2013, 12:02:26 AM
October 28, 2013, 11:27:45 PM
I expected a face plant of epic proportions. Left disappointed.
October 28, 2013, 10:24:07 PM
October 28, 2013, 10:12:17 PM
A moment of truth?
October 28, 2013, 09:57:21 PM
just buy, sell later if you think price is to damn high
October 28, 2013, 09:39:09 PM
Anyone creeped out by this slow low-volume recovery and all the selling?
TERA, there are some similarities.
Note, increased volume at blue circles (historical chart). That's where impatient speculators were buying in hope for the price to go from 104 to at least 190 (it went only to 136). First they bought at 104, then they bought at 91, and then the price fell even more causing them to partially exit with a loss. Each time they bought, the price went down (to 79). It was fun to watch.
They failed to analyze the increased volume at red circle + did not see some other things that happened earlier (not covered by your chart), which indicated for the patient speculators that the so called bull trap would develop later.
Well spotted!
October 28, 2013, 08:46:35 PM
There is no "all the selling".
Although the charts are similar the volume this week is a fraction of the volume in April (even allowing for gox's lost marketshare). A huge amount of coins are in stronger hands this time.
Not selling because cannot get fiat out of exchange = stronger hands? lol.
fixate much?
Btw, 1000s of people in Japan are getting their $$ out within 2-5 days. Most of the european and us trading has already migrated to other exchanges.
October 28, 2013, 08:44:26 PM
There is no "all the selling".
Although the charts are similar the volume this week is a fraction of the volume in April (even allowing for gox's lost marketshare). A huge amount of coins are in stronger hands this time.
Holding because cannot get fiat out of exchange = stronger hands? lol.
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