it opened a way for a new downwards trend.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32724. (Read 26469432 times)
July 05, 2013, 06:20:45 PM
Lol, this wall was a joke, eaten in 1-2 minutes
it opened a way for a new downwards trend.
it opened a way for a new downwards trend.
July 05, 2013, 06:20:31 PM
So, sellers are just waiting for someone eager to buy BTC.
Down we go.
Down we go.
July 05, 2013, 06:20:17 PM
Probably a lost whale 
July 05, 2013, 06:19:47 PM
well.. he's gonne sell it when theprice is high enough.. expect blood next week
expect blood next week 
July 05, 2013, 06:19:41 PM
aaaannnd it's gone
July 05, 2013, 06:19:10 PM
3k wall eaten in minutes. We are going down hard.
July 05, 2013, 06:18:11 PM
by the way, someone built 3K Bids wall at 70.00 on the MtGox
what wall?
eaten in 2 minutes, lol
July 05, 2013, 06:17:58 PM
Wanted to post that, but wall was eaten
July 05, 2013, 06:17:48 PM
nom nom bidwall
July 05, 2013, 06:16:32 PM
by the way, someone built 3K Bids wall at 70.00 on the MtGox
July 05, 2013, 06:15:47 PM
Seems some are still quite confident
July 05, 2013, 06:15:35 PM
Who is this joker putting 3000 BTC at 70? Does he think he can single-handedly turn the market 
July 05, 2013, 06:11:02 PM
I love the smell of freshly minted Bitcoins hitting MtGox in order to crush the delusions and denials of the bulls.
The Great Dollar Extraction.
Don't forget to pay capital gains on your fiat profit. By the sound of it (assuming you sold $100+) that's going to be quite a dollar extraction from your wallet to the state.The Great Dollar Extraction.
Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.
wished i had guts to expose more of my dear fiat.
those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)
Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell
More Fiat with cheaper Coins, more Win. The bear trend warrants me to have more fiat than coins
Fiat entering bitcoin economy is more limited than supply of coins currently, hence the decline.
Being stubborn can hurt in this game..
Clearly our ideology differs, you think in terms of coins but worry about the underlying dollar value of that asset, else you wouldn't be here!
I'm managing risk, and protecting my Fiat against a declining asset.
When there is a sustainable rally, il gladly hop in even if i missed the 1st class seat.
Ideally I will never have to realize any fiat profit and be able to purchase everything I need with bitcoin.
Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.
wished i had guts to expose more of my dear fiat.
those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)
Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell
I'm sorry but this is extremely short-sighted and worthy of someone with 0 trading knowledge.
We're talking profit here. Even for long bulls, more USD means more BTC. It's as simple as that. Whether you like it or not, he now has 1500 USD worth of extra BTC.
Being a long bull DOES NOT mean you have take every loss that BTC goes through. There will ALWAYS be times when having more USD is the better way to have more BTC.
July 05, 2013, 06:10:55 PM
Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.
those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)wished i had guts to expose more of my dear fiat.
We're talking profit here. Even for long bulls, more USD means more BTC. It's as simple as that. Whether you like it or not, he now has 1500 USD worth of extra BTC.
Being a long bull DOES NOT mean you have take every loss that BTC goes through. There will ALWAYS be times when having more USD is the better way to have more BTC.
But, when is Uptrend you need to have profit (USD) greater than the increasimg price for more BTC.
Now in down trend - You don't need "to do anything" for more Btc. (only sell soon after top and then buy at the beginning of the next uptrend)
July 05, 2013, 06:02:40 PM
Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.
wished i had guts to expose more of my dear fiat.
those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)
Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell
I'm sorry but this is extremely short-sighted and worthy of someone with 0 trading knowledge.
We're talking profit here. Even for long bulls, more USD means more BTC. It's as simple as that. Whether you like it or not, he now has 1500 USD worth of extra BTC.
Being a long bull DOES NOT mean you have take every loss that BTC goes through. There will ALWAYS be times when having more USD is the better way to have more BTC.
July 05, 2013, 05:59:14 PM
Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?
Certain people here are claiming that nothing being said in a silly speculation forum is affecting the price, on the other hand the same people can say things like "if you had listened to us and sold you would have been much better off now". Of course what is being said in here matters, not much maybe, but there are people affected by what's being said here, even the troll box can influence people in their buying / selling.
the sheeps will follow their leader.
at this point you can only try following patterns if you want to trade.
People are known for their love of numbers so i see 50$ as a good psychological bottom,
but that's just my 2nd beer talking right now
July 05, 2013, 05:57:51 PM
The price declined just fine without me posting here, so I hope you guys can acknowledge that I do this simply because it's fun.
it wasn't a question pointed at anyone in particular, it was less specific.
July 05, 2013, 05:57:36 PM
I love the smell of freshly minted Bitcoins hitting MtGox in order to crush the delusions and denials of the bulls.
The Great Dollar Extraction.
Don't forget to pay capital gains on your fiat profit. By the sound of it (assuming you sold $100+) that's going to be quite a dollar extraction from your wallet to the state.The Great Dollar Extraction.
July 05, 2013, 05:56:32 PM
Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.
wished i had guts to expose more of my dear fiat.
those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)
Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell
More Fiat with cheaper Coins, more Win. The bear trend warrants me to have more fiat than coins
Fiat entering bitcoin economy is more limited than supply of coins currently, hence the decline.
Being stubborn can hurt in this game..
Clearly our ideology differs, you think in terms of coins but worry about the underlying dollar value of that asset, else you wouldn't be here!
I'm managing risk, and protecting my Fiat against a declining asset.
When there is a sustainable rally, il gladly hop in even if i missed the 1st class seat.
July 05, 2013, 05:54:57 PM
I love the smell of freshly minted Bitcoins hitting MtGox in order to crush the delusions and denials of the bulls.
The Great Dollar Extraction.
Don't forget to pay capital gains on your fiat profit. By the sound of it (assuming you sold $100+) that's going to be quite a dollar extraction from your wallet to the state. The Great Dollar Extraction.
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