Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33629. (Read 26461294 times)
April 30, 2013, 01:04:43 PM
Currently we are below SMA 200
April 30, 2013, 12:54:28 PM
LOL keep telling yourself that when we are at $150+ by week's end.
Oh and by the way...you should sell now and buy back in higher. Thanks
I might not be very useful for price prediction but, reading Smoothie signature, I think I've spotted a strong pattern.
The set of those who ordered BFL ASIC miner is remarkably congruent with the set of those who endlessly et brainlessly claim that "BTC price will be 500$ next week".
I wonder if this compliance for scam is just a coincidence or the sign of a deeper psychological deficiency...
I bought BFL ASICs when BTC was $6, figuring that it may double through the halving, and then with great luck be maybe $20 or $25 by now. I may be slightly upset if I had paid BTC, but at the time there was less risk in mining then holding, IMO. For me, above $100 is pure heaven, if I in fact ever receive my miners . . .
Deficiency exists only in those who ridicule others.
I bought BFL with BTC, so imagine my feeling. Anyway, is a bet I lost - it's only my fault. Who cares, I only gambled money I could afford to loose, now it's fiat value is x10, but still... It was just a quantity of BTC I was ok with gambling, and as I explained earlier I'm not concerned with the fiat exchange rate - that will crash and raise many times in the long run, and the long run is the only thing important for me.
April 30, 2013, 12:52:07 PM
LOL keep telling yourself that when we are at $150+ by week's end.
Oh and by the way...you should sell now and buy back in higher. Thanks
I might not be very useful for price prediction but, reading Smoothie signature, I think I've spotted a strong pattern.
The set of those who ordered BFL ASIC miner is remarkably congruent with the set of those who endlessly et brainlessly claim that "BTC price will be 500$ next week".
I wonder if this compliance for scam is just a coincidence or the sign of a deeper psychological deficiency...
I bought BFL ASICs when BTC was $6, figuring that it may double through the halving, and then with great luck be maybe $20 or $25 by now. I may be slightly upset if I had paid BTC, but at the time there was less risk in mining then holding, IMO. For me, above $100 is pure heaven, if I in fact ever receive my miners . . .
Deficiency exists only in those who ridicule others.
April 30, 2013, 12:46:47 PM
Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
So many noob "experts" on this forum lol
Love your arguments
Facts =/= Arguments
I love your fails
O shit!
I've been done
April 30, 2013, 12:45:33 PM
I have a theory... Smoothie is Proudhon's troll account.
This is how he lets some of his bullish pressure go.
This is how he lets some of his bullish pressure go.
April 30, 2013, 12:42:18 PM
Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
So many noob "experts" on this forum lol
Love your arguments
Facts =/= Arguments
I love your fails
April 30, 2013, 12:41:36 PM
Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
So many noob "experts" on this forum lol
Love your arguments
April 30, 2013, 12:40:46 PM
Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
So many noob "experts" on this forum lol
April 30, 2013, 12:36:31 PM
LOL keep telling yourself that when we are at $150+ by week's end.
Oh and by the way...you should sell now and buy back in higher. Thanks
It might not be very useful for price prediction but, reading Smoothie signature, I think I've spotted a strong pattern.
The set of those who ordered BFL ASIC miner is remarkably congruent with the set of those who endlessly and brainlessly claim that "BTC price will be 500$ next week".
I wonder if this compliance for scam is just a coincidence or the sign of a deeper psychological deficiency...
April 30, 2013, 12:26:33 PM
It seems to be going up or down.
I pay 2:1 that it is up.
I pay 2:1 that it is up.
I say 3:1 that is down.
Coins on the order book are peaking, money is going away. Yeah, those are just weak indicators, but it seems obvious to me that all the influx of new money just stopped with the correction. We're in the real price discovery phase here, and we may go lower... Anyhow this price level (or even $50ish BTW) is very good after the severe correction we had on April, 10th. Anything above $100 is very bullish mid-term IMO - and BTC is looking more bullish than ever in the long term.
April 30, 2013, 11:59:48 AM
Trying to accomplish? Nothing, people are selling...
Sorry I have a hard time trying to "predict" micro-movements, since they are completely uninteresting (except from the daytrading point of view which I do admit is the topic of the thread).
Big boys run the casino. Don't buy high, sell low for some "momentum" considerations, since it is all painting of the tape and other tricks.
Buy 100% into bitcoin. Then send 10% of your coins to an exchange of your choice, and always sell at the very highest point, trying to buy back lower. Only reasonable way to trade bitcoin (imho) is to short it. Going speculative long is waste of time. Be all in, and drop 10% when it is going too high (after 20-30% daily move this is pretty much the case, and if you are nimble, even 10% can be traded with grace and ease).
*painting the tape = selling to yourself with high volume after you have moved the price to a direction of your choice, to convince the market that something has happened to warrant a new price.
April 30, 2013, 11:57:10 AM
Trying to accomplish? Nothing, people are selling...
I'm skeptical that a 5k market order to sell is the best way to get the most money for your 5k coins. It's also odd to see fairly large asks walls pop up right at the bottom of the drop.
Agreed, I asked that question some days ago. There appears to be a significant amount of large-order trading that is sub-optimal, in that certain alternative tactics may be better: a limit order lets the other side come to you with no slippage, or a big order should be sliced up and targeted at select counter offers over a period of time - and program trading can automate that too.
April 30, 2013, 11:52:20 AM
Trying to accomplish? Nothing, people are selling...
LOL keep telling yourself that when we are at $150+ by week's end.
Oh and by the way...you should sell now and buy back in higher. Thanks
April 30, 2013, 11:52:05 AM
whoever sold....LAWL! SO FAIL! HAHAHA!
I don't see why you're laughing, anyone who sold can now buy more BTC from the proceeds of their sale.
What's to laugh about ?
I sold all of mine at $162 and they're now considerably cheaper so that would be a reasonable gain for me.
When you sell there isn't always a guarantee you get to buy cheaper. lol
But there is a guarantee that smoothie will laugh at you
April 30, 2013, 11:51:43 AM
Many bought in anticipation of a rally on Tuesday which never came hence the selling pressure.
probably..
April 30, 2013, 11:50:59 AM
Trying to accomplish? Nothing, people are selling...
I'm skeptical that a 5k market order to sell is the best way to get the most money for your 5k coins. It's also odd to see fairly large asks walls pop up right at the bottom of the drop.
April 30, 2013, 11:48:35 AM
Has anyone tried to analyze what these short down moves are trying to accomplish? It does not seem to be to just suppress price as it always bounces back fairly quickly.
What is the underlying motive then? Just trying to learn.
What is the underlying motive then? Just trying to learn.
Either profit-taking - which is the case for buyers after April 12, or stop loss - which is the case for buyers above current prices. In the first case, the motive is to realize a gain in dollars. In the second case the motive is to prevent further losses. I do not impute a manipulation motive where greed and fear are sufficient.
Well said, I think I am getting it. Thanks
April 30, 2013, 11:46:54 AM
Has anyone tried to analyze what these short down moves are trying to accomplish? It does not seem to be to just suppress price as it always bounces back fairly quickly.
What is the underlying motive then? Just trying to learn.
What is the underlying motive then? Just trying to learn.
Either profit-taking - which is the case for buyers after April 12, or stop loss - which is the case for buyers above current prices. In the first case, the motive is to realize a gain in dollars. In the second case the motive is to prevent further losses. I do not impute a manipulation motive where greed and fear are sufficient.
April 30, 2013, 11:45:58 AM
Many bought in anticipation of a rally on Tuesday which never came hence the selling pressure.
April 30, 2013, 11:42:59 AM
Trying to accomplish? Nothing, people are selling...
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