I should have held on to all my LTC, I'd be dumping them right now into BTC and then into USD to catch the next dip.Im guessing there will be a dip either at $120 or somewhere in the $120s... setting my buy orders at $101.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 316. (Read 1811613 times)
I should have held on to all my LTC, I'd be dumping them right now into BTC and then into USD to catch the next dip.Im guessing there will be a dip either at $120 or somewhere in the $120s... setting my buy orders at $101.
BTC China is from the Future.
I should have held on to all my LTC, I'd be dumping them right now into BTC and then into USD to catch the next dip.
BTC China @ $128.25
Wow!
118$ without bliking an eye... im getting scared.
The scariest part is the lack of bear-tantrums after 110. Is it possible they've ran out of bear juice? Or maybe they've learned they can't manipulate BTC any longer and have moved onto....scammier pastures...
it's not that. all the bears have been wiped out by now.
118$ without bliking an eye... im getting scared.
The scariest part is the lack of bear-tantrums after 110. Is it possible they've ran out of bear juice? Or maybe they've learned they can't manipulate BTC any longer and have moved onto....scammier pastures...
Perhaps they've evolved into a pack mentality. Fewer but bigger selloffs?
118$ without bliking an eye... im getting scared.
The scariest part is the lack of bear-tantrums after 110. Is it possible they've ran out of bear juice? Or maybe they've learned they can't manipulate BTC any longer and have moved onto....scammier pastures...
Similar to the scarcity post, yeah looks like a decent-sized wall at $120 but surprisingly not a whole lot past that. A few more K and we'd be over $150.
Fun fact - Currently 117,000 BTC are needed to achieve $32 again. What was once the absolutely unbreakable ATH. Amazing.
Only 35K to go until $1,164!
Fun fact - Currently 117,000 BTC are needed to achieve $32 again. What was once the absolutely unbreakable ATH. Amazing.
Only 35K to go until $1,164!
118$ without bliking an eye... im getting scared.
o hay that 118
Edit. $118!
So buyers went to a quick dinner and now are back to buying? 117$
Damn, I shouldn't have sold at $114. This thing is going to explode by tomorrow!
You never go broke taking profit.
Seriously. You're not "taking profit" when you "sell" bitcoins for, e.g., U.S. dollars, you are simply exchanging one currency for another. Now, the value of both fluctuates over time, and nothing is guaranteed. But the important difference to me is that one has established, over the course of its lifetime, an unmistakable long-term trend of losing purchasing power over time. The other has a less-clearly established (due to the fact that it's younger) trend of gaining purchasing power over time.
History does not repeat, but it does rhyme.
George Lucas, is that you?
http://www.youtube.com/watch?v=bxU2eqZtYmc
EDIT: Oh hay thar 117
While there is some seriousness going on, I will just paste this for reference with some search tags:
MARKET TOP BUBBLE BURST PEAK TULIP MANIA CRASH WARNING SIGNAL
http://bitcoincharts.com/charts/mtgoxUSD#rg5zig30-minzczsg2011-06-08zeg2011-06-11ztgSzm1g10zm2g25zv
The 2011 peak was characterized by a 60% climb in one day, 30% crash, recovery the next day, followed by a long decline.
Plenty of time to take profits before reinvesting.
History does not repeat, but it does rhyme. Keep an eye out for a similar bout of irrational exuberance...
MARKET TOP BUBBLE BURST PEAK TULIP MANIA CRASH WARNING SIGNAL
http://bitcoincharts.com/charts/mtgoxUSD#rg5zig30-minzczsg2011-06-08zeg2011-06-11ztgSzm1g10zm2g25zv
The 2011 peak was characterized by a 60% climb in one day, 30% crash, recovery the next day, followed by a long decline.
Plenty of time to take profits before reinvesting.
History does not repeat, but it does rhyme. Keep an eye out for a similar bout of irrational exuberance...
The conversation is getting far too serious for the Wall Observer thread. Allow me to lighten it.
LOLOLOL GONNA BREAK 116!
Bids still over 10mil, asks below 40k!
LOLOLOL GONNA BREAK 116!
Bids still over 10mil, asks below 40k!
I took a vacation in Zimbabwe a few years ago and bought a wooden basket for 1000 Zimbabwe dollars.
Before I left, knowing that I could not fit the basket on the plane I was able to sell it for 2000 Zimbabwe dollars.
I made a profit of 1000 Zimbabwe dollars in a week! I had more wealth!
Even though the value of Zimbabwe dollars went from $1/1000 Zimbabwe dollars to $1/10,000 Zimbabwe dollars that same week.
Did I profit?
Before I left, knowing that I could not fit the basket on the plane I was able to sell it for 2000 Zimbabwe dollars.
I made a profit of 1000 Zimbabwe dollars in a week! I had more wealth!
Even though the value of Zimbabwe dollars went from $1/1000 Zimbabwe dollars to $1/10,000 Zimbabwe dollars that same week.
Did I profit?
No. You lost. You made no wealth. IMO, wealth at its simplest is reusable production from lower "cost" production.
That's bullshit.
Take profit "in what"?
Take profit "in what"?
Is it?
Wealth. Please explain how it is possible to go broke making wealth.
I took a vacation in Zimbabwe a few years ago and bought a wooden basket for 1000 Zimbabwe dollars.
Before I left, knowing that I could not fit the basket on the plane I was able to sell it for 2000 Zimbabwe dollars.
I made a profit of 1000 Zimbabwe dollars in a week! I had more wealth!
Even though the value of Zimbabwe dollars went from $1/1000 Zimbabwe dollars to $1/10,000 Zimbabwe dollars that same week.
Did I profit?
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