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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33084. (Read 26496921 times)

hero member
Activity: 811
Merit: 1000
Web Developer
I don't see this holding.
hero member
Activity: 564
Merit: 508
Wall at 106.02 which I hope gets eaten. My ideal entry point with good profit is 105.5  Cool

You're playing a very dangerous game, for sure.

Hardly, I'm betting a percentage of the profits from purchasing at 100. Besides, we are just about to watch it fall.

I see.
i'd rate the chance to rise / fall from this level (106$) 70% vs 30% ... however i think we have plenty of obstacles on the way up.
member
Activity: 98
Merit: 10
Fiat is a guilty pleasure that you will all inevitably indulge.  Don't lie about what you're really after.   Wink

Spoken like a true user with 17 posts! Cheesy

I have about $85,000 riding on Bitcoin, don't you worry.

Daaaaammmnnn N*gga... you are a true believer! I hope you can afford to see all that go *poof* and not feel bad. In before Jaroslaw or Rpitiela appears to swing his e-peen about it being a small amount
member
Activity: 84
Merit: 10
supernode
Fiat is a guilty pleasure that you will all inevitably indulge.  Don't lie about what you're really after.   Wink

Spoken like a true user with 17 posts! Cheesy

I have about $85,000 riding on Bitcoin, don't you worry.

lol and you think its much ? i dump more bitcoins in one week than you have money dude
member
Activity: 98
Merit: 10
Wall at 106.02 which I hope gets eaten. My ideal entry point with good profit is 105.5  Cool

You're playing a very dangerous game, for sure.

Hardly, I'm betting a percentage of the profits from purchasing at 100. Besides, we are just about to watch it fall.
sr. member
Activity: 392
Merit: 250
Fiat is a guilty pleasure that you will all inevitably indulge.  Don't lie about what you're really after.   Wink

Spoken like a true user with 17 posts! Cheesy

I have about $85,000 riding on Bitcoin, don't you worry.
hero member
Activity: 564
Merit: 508
Wall at 106.02 which I hope gets eaten. My ideal entry point with good profit is 105.5  Cool

You're playing a very dangerous game, for sure.
member
Activity: 98
Merit: 10
Wall at 106.02 which I hope gets eaten. My ideal entry point with good profit is 105.5  Cool
hero member
Activity: 728
Merit: 500
Fiat is a guilty pleasure that you will all inevitably indulge.  Don't lie about what you're really after.   Wink

Spoken like a true user with 17 posts! Cheesy
legendary
Activity: 1552
Merit: 1047
Fiat is a guilty pleasure that you will all inevitably indulge.  Don't lie about what you're really after.   Wink
True bitcoiners will hold until they can purchase what they need directly with bitcoin  Wink
sr. member
Activity: 392
Merit: 250
Fiat is a guilty pleasure that you will all inevitably indulge.  Don't lie about what you're really after.   Wink
member
Activity: 98
Merit: 10
Bounce is almost over and i'm ready to buy in at a profit. Good times.

You don't profit until you sell, son.

Depends how you view profit. For profit in fiat you need to sell, for profit in BTC you need to buy back lower than you sold. Wink

+1.

legendary
Activity: 1552
Merit: 1047
Bounce is almost over and i'm ready to buy in at a profit. Good times.

You don't profit until you sell, son.
True bitcoiners doesn't consider fiat profit, only increase in amount of BTC Smiley
legendary
Activity: 1246
Merit: 1000
Bounce is almost over and i'm ready to buy in at a profit. Good times.

You don't profit until you sell, son.

Depends how you view profit. For profit in fiat you need to sell, for profit in BTC you need to buy back lower than you sold. Wink
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 392
Merit: 250
Bounce is almost over and i'm ready to buy in at a profit. Good times.

You don't profit until you sell, son.
member
Activity: 98
Merit: 10
Bounce is almost over and i'm ready to buy in at a profit. Good times.
hero member
Activity: 564
Merit: 508
the rally today was on volume and not just from whales.

I agree.

EDIT: i think  SMA100 is @110$. This may be the beginning of a way bigger movement. Let's see.
legendary
Activity: 1246
Merit: 1000
Let them sell, this rally has just started. They are the ones missing out in the end. Wink

When there's utterly zero volume at 98-101, this is no rally. The only place a rally can come from in this no-volume market is from whales manipulating the market with large buy orders. This isn't like it was in March-April-early May where Gox had millions a week being wired to it and the market had natural buying pressure from a large variety of players. Most of the newcomers lost their shirts to the whales buying at 200+ during the bubble and 150+ in the ripple immediately after.

As speculators, people should be thinking about how to make money from the manipulation without feeding the whales. Thinking that this is a true valuation of BTC is utterly foolish in my opinion.

People were scared to sell or buy at 98-101, many had already sold and were waiting for a crash and people still holding bitcoins didn't feel like selling at a strong support level. That explains the low volume, the rally today was on volume and not just from whales. I don't believe it is a sucker's rally like the one we had last week on low volume. That was a bearish wedge.
member
Activity: 98
Merit: 10
who wants to buy 4k coins at 108 when the price is surely going down afterwards...

Who wants to sell at 108 when people just demonstrated they were willing to pay 113?

I did. I knew the price would have momentum after the 108.5 wall was toast. After buying in at 100, it's a healthy profit. Didn't sell all my coins either

Oh, hence the "there will be panic" remark.

See you back at 113 tomorrow...

Great, I sold all of 10% of those coins I bought at 100. Bring it on.
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