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.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32725. (Read 26469430 times)
July 05, 2013, 05:50:50 PM
July 05, 2013, 05:48:38 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
Well said. BULL does this for BTC, BEAR does this for fiat. I'm a bull in a bear market.
July 05, 2013, 05:45:09 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. 
July 05, 2013, 05:42:36 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.
it's good to be upfront about such things, thanks.
July 05, 2013, 05:40:30 PM
72 apparently.
July 05, 2013, 05:40:09 PM
Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?
I had orders at 65.5 and 63.6. One got filled.
Next stop i believe around 63ish, but I doubt it"ll bounce significantly from here,maybe 2-4 points.
Edit: Of course depending on incoming wave, situation can change dramtically.
July 05, 2013, 05:38:12 PM
I think we may hit $65 today, and then a bounce up into the 70s again.
Finally I made a decent prediction in here. Anyone wants to make a guess how high this bounce will go?
July 05, 2013, 05:38:07 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.
July 05, 2013, 05:35:57 PM
Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?
People here secretly think it has
July 05, 2013, 05:34:36 PM
lol
history repeats again...
edit: or not...bouncing time already over
July 05, 2013, 05:34:03 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..
July 05, 2013, 05:19:57 PM
A volumeless rally. Gee, I wonder what happens next...
into my bids?
edit: i think we will see a triangle..
and then the porn pattern
July 05, 2013, 05:16:07 PM
Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?
July 05, 2013, 05:15:39 PM
A volumeless rally. Gee, I wonder what happens next...
July 05, 2013, 05:15:00 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..
July 05, 2013, 05:07:54 PM
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
See that's the thing. $1500 isn't profit. BTC is profit. Any fool can make $ in this market, but to increase your share of the limited supply of bitcoin is what will really matter in the end.[/quote]
That's only if there's 0% risk associated with Bitcoin. Successful trading is limiting your risk, even if you sacrifice some gains. Most of the time though, you will gain Bitcoins in a bear market. The point is that people are actually leaving (for however long) this market and the coins are distributed among fewer people. Furthermore, even among the people who remain, the cash (dirty bernanke bux) is leaving.
Thanks Dalib, good confirmation.
July 05, 2013, 05:06:06 PM
Daily RSI has closed below 30 (oversold) multiple times now confirming the bear market and confirming a trending mode. Check out what happened conversely the last time the RSI has stuck in overbought:
similarly on the Bitstamp:
July 05, 2013, 05:02:32 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
July 05, 2013, 05:00:40 PM
July 05, 2013, 04:57:24 PM
Daily RSI has closed below 30 (oversold) multiple times now confirming the bear market and confirming a trending mode. Check out what happened conversely the last time the RSI has stuck in overbought:
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