Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33868.

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: SAQ on May 07, 2013, 12:29:37 PM

FUD or serious shit?

http://www.forbes.com/sites/timworstall/2013/05/07/now-this-really-could-make-a-dent-in-bitcoin/

FUD. Financial tools built on top of Bitcoin could be under CFTC jurisdiction, not Bitcoin itself.

Bitcoin Report Volume 47 (CFTC FUD)

Digikeys

member

Activity: 115

Merit: 10

Incoming Lag...

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: gizmoh on May 07, 2013, 12:33:35 PM

Quote from: SAQ on May 07, 2013, 12:29:37 PM

"I would argue very strongly that the rigid application of US financial reporting rules would bring [bitcoin] to a stop pretty quickly. And that is all the authorities really need to do. Volumes in Bitcoin are far too small for it to be worthwhile filing all the paperwork that could be demanded: so if it is demanded then financial institutions will simply stop handling any payments or transfers that have anything at all to do with Bitcoin. "

FUD or serious shit?

http://www.forbes.com/sites/timworstall/2013/05/07/now-this-really-could-make-a-dent-in-bitcoin/

If true,it would to a massive crash, back to sub 50. But its from forbes, so take it with a bag of salt..

I think it's inevitable that we will see something like this happen eventually. And it will certainly cause a pretty big crash in the price. But in the end does it really matter? It will just slow the growth for a while, but ultimately bitcoin can not be stopped and continues to provide a very useful service.

And also, luckily the US isn't the entire world (yet).

Coinseeker

sr. member

Activity: 252

Merit: 250

Quote from: mccorvic on May 07, 2013, 12:28:57 PM

Guys, seriously guys....

I've crunched the numbers and ran them through 77^1000 simulations to come up with the definitive and irrefutable calculation that predicts with 100% accuracy the future movement of BTC price and have printed it up on this piece of paper from which I shall now read.

*clears throat*

Bitcoin does whatever the f**k it wants.

Best post of the hour! Grin

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: SAQ on May 07, 2013, 12:29:37 PM

"I would argue very strongly that the rigid application of US financial reporting rules would bring [bitcoin] to a stop pretty quickly. And that is all the authorities really need to do. Volumes in Bitcoin are far too small for it to be worthwhile filing all the paperwork that could be demanded: so if it is demanded then financial institutions will simply stop handling any payments or transfers that have anything at all to do with Bitcoin. "

FUD or serious shit?

http://www.forbes.com/sites/timworstall/2013/05/07/now-this-really-could-make-a-dent-in-bitcoin/

If true,it would to a massive crash, back to sub 50. But its from forbes, so take it with a bag of salt..

phoenix1

hero member

Activity: 798

Merit: 1000

Quote from: seleme on May 07, 2013, 12:23:08 PM

Quote from: ronaldlee0917 on May 07, 2013, 12:20:49 PM

Quote from: seleme on May 07, 2013, 12:17:40 PM

Quote from: Hawker on May 07, 2013, 12:05:04 PM

Quote from: ineededausername on May 07, 2013, 12:01:36 PM

What. Out of all possibilities a few hours ago, this one seemed the most unlikely.

Tell me about it. I sold at 98.99 with a buy order at 97.89. Looks like I will be taking a loss on that position.

Mate, I do small margins trade often but it's nowhere near the quantities you are trading with. With all due respect, I don't think you are doing it on good way and it looks to me you're set to lose lot of money at some time. It's just not right thing to trade 100 coins at 1% margin, you're going to get burned soon or later.

It's as friendly advice as it could be.

And with the commission fee of 1%, he hardly can make any profit...

He has smaller fees with trading 100 coins all the time but it's still too small margin for such quantity.

What I really don't understand about peoples trading strategies here is that there seems to be a bias towards running losses and taking really small profits. That is the opposite of my perception of a successful strategy.
Get out of your losers quickly and run the winners as long as you dare IMO
Whatever your intended profit is, the stop loss should be considerably less than that.

Anyone agree with this ?

SAQ

newbie

Activity: 56

Merit: 0

"I would argue very strongly that the rigid application of US financial reporting rules would bring [bitcoin] to a stop pretty quickly. And that is all the authorities really need to do. Volumes in Bitcoin are far too small for it to be worthwhile filing all the paperwork that could be demanded: so if it is demanded then financial institutions will simply stop handling any payments or transfers that have anything at all to do with Bitcoin. "

FUD or serious shit?

http://www.forbes.com/sites/timworstall/2013/05/07/now-this-really-could-make-a-dent-in-bitcoin/

mccorvic

hero member

Activity: 518

Merit: 500

Guys, seriously guys....

I've crunched the numbers and ran them through 77^1000 simulations to come up with the definitive and irrefutable calculation that predicts with 100% accuracy the future movement of BTC price and have printed it up on this piece of paper from which I shall now read.

*clears throat*

Bitcoin does whatever the f**k it wants.

AmazonStuff

hero member

Activity: 628

Merit: 500

LoL!!!

http://www.youtube.com/watch?v=9-k5J4RxQdE

Frozenlock

sr. member

Activity: 434

Merit: 250

So much action!

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: ronaldlee0917 on May 07, 2013, 12:20:49 PM

Quote from: seleme on May 07, 2013, 12:17:40 PM

Quote from: Hawker on May 07, 2013, 12:05:04 PM

Quote from: ineededausername on May 07, 2013, 12:01:36 PM

What. Out of all possibilities a few hours ago, this one seemed the most unlikely.

Tell me about it. I sold at 98.99 with a buy order at 97.89. Looks like I will be taking a loss on that position.

Mate, I do small margins trade often but it's nowhere near the quantities you are trading with. With all due respect, I don't think you are doing it on good way and it looks to me you're set to lose lot of money at some time. It's just not right thing to trade 100 coins at 1% margin, you're going to get burned soon or later.

It's as friendly advice as it could be.

And with the commission fee of 1%, he hardly can make any profit...

He has smaller fees with trading 100 coins all the time but it's still too small margin for such quantity.

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: ineededausername on May 07, 2013, 12:18:55 PM

wow, this is a clear dump-and-pump-and-dump...

To its finest my friend..

ronaldlee0917

full member

Activity: 238

Merit: 100

Quote from: seleme on May 07, 2013, 12:17:40 PM

Quote from: Hawker on May 07, 2013, 12:05:04 PM

Quote from: ineededausername on May 07, 2013, 12:01:36 PM

What. Out of all possibilities a few hours ago, this one seemed the most unlikely.

Tell me about it. I sold at 98.99 with a buy order at 97.89. Looks like I will be taking a loss on that position.

Mate, I do small margins trade often but it's nowhere near the quantities you are trading with. With all due respect, I don't think you are doing it on good way and it looks to me you're set to lose lot of money at some time. It's just not right thing to trade 100 coins at 1% margin, you're going to get burned soon or later.

It's as friendly advice as it could be.

And with the commission fee of 1%, he hardly can make any profit...

Jaroslaw

member

Activity: 84

Merit: 10

supernode

Quote from: ineededausername on May 07, 2013, 12:18:55 PM

wow, this is a clear dump-and-pump-and-dump...

And one more pump Cheesy

its never ending storry Cheesy

KillaMarci

member

Activity: 84

Merit: 10

Bitcoin Mininode...and proud!

Quote from: gizmoh on May 07, 2013, 12:17:56 PM

Quote from: KillaMarci on May 07, 2013, 12:14:28 PM

Nope nope nope nope nope. Not believing in it. Sold.

It certainly appears a pump with an artificial support of several 1k around 106. Our 1k's mover guy has turned bull!

This whole thing was only pumped this far because that dude keeps putting up his wanna-be walls to scare people. This is not the real price, this is the fake price.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

wow, this is a clear dump-and-pump-and-dump...

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: KillaMarci on May 07, 2013, 12:14:28 PM

Nope nope nope nope nope. Not believing in it. Sold.

It certainly appears a pump with an artificial support of several 1k around 106. Our 1k's mover guy has turned bull!

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: Hawker on May 07, 2013, 12:05:04 PM

Quote from: ineededausername on May 07, 2013, 12:01:36 PM

What. Out of all possibilities a few hours ago, this one seemed the most unlikely.

Tell me about it. I sold at 98.99 with a buy order at 97.89. Looks like I will be taking a loss on that position.

Mate, I do small margins trade often but it's nowhere near the quantities you are trading with. With all due respect, I don't think you are doing it on good way and it looks to me you're set to lose lot of money at some time. It's just not right thing to trade 100 coins at 1% margin, you're going to get burned soon or later.

It's as friendly advice as it could be.

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: KillaMarci on May 07, 2013, 12:14:28 PM

Nope nope nope nope nope. Not believing in it. Sold.

I think this will be a smart decision. Already 1200btc leading back to 110 and growing.

SAQ

newbie

Activity: 56

Merit: 0

I see fake walls everywhere.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33868. (Read 26712930 times)