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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 887. (Read 1811613 times)

sr. member
Activity: 252
Merit: 250
full member
Activity: 239
Merit: 250
Wow, panic sell to 13.3 then seconds later rebounds to 13.6.
sr. member
Activity: 504
Merit: 250
Almost large enough to qualify as a weekend dip.
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
full member
Activity: 238
Merit: 100
Its panic time.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

this is the effect of block reward halving, hash rate crashing   Tongue
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Someone must really hate their bitcoins.

What if it's a bot. Logic:

1. buy up bitcoins over time, with assumption the price is going up.
2. while buying coins, gauge exposure to risk vs. potential profits of selling. Set a sell threshold based on past price / magic (depends on the bot I guess), trying to optimize the profits from selling and preventing getting caught out by a dip in the price. As the profit collected increases, the downswing required to trigger a sell will probably become smaller and smaller.
3. trigger sell, cash in profits, set aside what you made, start re-investing your base.

buy & hold is easier and probably more profitable

not for someone looking to play with 1 million dollars plus
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Someone must really hate their bitcoins.

What if it's a bot. Logic:

1. buy up bitcoins over time, with assumption the price is going up.
2. while buying coins, gauge exposure to risk vs. potential profits of selling. Set a sell threshold based on past price / magic (depends on the bot I guess), trying to optimize the profits from selling and preventing getting caught out by a dip in the price. As the profit collected increases, the downswing required to trigger a sell will probably become smaller and smaller.
3. trigger sell, cash in profits, set aside what you made, start re-investing your base.

buy & hold is easier and probably more profitable
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.

not sure why we aren't letting them win?

no one wants cheep coins?

Who's "we"?


the bulls

the bears appear to let the price rise, and then take big dumps, and repeat

why don't the bulls let the price fall and then Buy big, and repeat
legendary
Activity: 1615
Merit: 1000
The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.

not sure why we aren't letting them win?

no one wants cheep coins?

Who's "we"?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 504
Merit: 250
Is there any reason a mining pool owner might want the BTC to go down?

More miners with GPu's coming back on because of lower Diff?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.

not sure why we aren't letting them win?

no one wants cheep coins?
full member
Activity: 160
Merit: 100
Is there any reason a mining pool owner might want the BTC price to go down?
legendary
Activity: 840
Merit: 1000
The 13.80 wall is back and fully fortified for whenever the price gets back there. This is tiresome.
legendary
Activity: 1615
Merit: 1000
Someone must really hate their bitcoins.

What if it's a bot. Logic:

1. buy up bitcoins over time, with assumption the price is going up.
2. while buying coins, gauge exposure to risk vs. potential profits of selling. Set a sell threshold based on past price / magic (depends on the bot I guess), trying to optimize the profits from selling and preventing getting caught out by a dip in the price. As the profit collected increases, the downswing required to trigger a sell will probably become smaller and smaller.
3. trigger sell, cash in profits, set aside what you made, start re-investing your base.
full member
Activity: 238
Merit: 100
Someone must really hate their bitcoins.
sr. member
Activity: 462
Merit: 250
Clown prophet
pig time
sr. member
Activity: 252
Merit: 250
I exited with 80% at 13.787$. Am I too anxious?  Tongue

You better hope this weekend is good to you!

I hope so, I entered with the dump yesterday and would like to do it again Wink




So don't panic!  Grin
sr. member
Activity: 252
Merit: 250
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