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10981  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 07:12:06 PM
So I ate a fortune cookie last night, and another this mourning..both fortunes said, "People will be talking about your success." Clearly this means too the moon.
Cheesy

Panic buying and panic selling are both poor decisions. If your position is sound, commit to it until it is time to reassess -- not the second the market moves against you. I quite like to get away from the charts for a few hours after making a trade. (when not day trading I mean)
sound advice.

but this is infact day trading.  day trading doesn't mean you buy and sell the same day...

I recommend HOLDING BTC like an african would HOLD USD back in 1987

day trading is a fun way to lose money.
10982  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 06:05:57 PM
I don't get it, you aren't in a position that will be beneficial to how you are thinking?... So you are either lying to yourself, or simply believe that your best judgment is more than likely wrong.

Nobody knows what Bitcoin is doing right now. You would have to suffer a serious disorder in order to honestly believe you did. So the "bulls" are only hyping because they worry sick that they shouldn't have bought, and the bears are crying doom because they worry sick that they shouldn't have sold.

Everybody here knows this, of course.

The long term holders just get entertainment Tongue

i speculate that bitcoin can trade well over 1000$ purely on entertainment value
10983  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 05:59:05 PM
socketio.mtgox.com does not work
websocket.mtgox.com does not work
data.mtgox.com does not work

why?

3 poeple tried to access the api at the same time.

KABOOM!
10984  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 05:56:48 PM
its so simple its not even funny


some poeple are cashing out, alot of new poeple are cashing in, who will win, OH the excitement!
10985  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 05:49:41 PM
Check 1d at Moody. Such classic.

Yall know what to do.  Cool Cool Cool

Actually, no I don't. Bounce or continuation of rally after extreme correction?
looks like a head and shoulders is maybe forming, which would mean sub $500 on gox.  

http://www.youtube.com/watch?v=1ByzZ6b4ET8&list=PL33D0C18CDEBF64B7

This is what I'm thinking. Possibly test $400.

no no no.

bears are committing suicide nothing more.
10986  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:55:51 PM


i've put myself in a position where i love to see bitcoin move up, and don't care if it moves down.

My trading account is 50/50 ATM

but I hold paper wallets and investments ( 2 year mining contracts ) long term, and this position is much greater than my play money trading account.  

Are those cloud hashing mining contracts?


ya

I spent 50BTC

so far, my worst investment ever.
10987  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:34:35 PM
in a few years once the CNY goes in the toilet china will announce that it will let the free market decide what money should be.


just a heads up.


And you call others trolling?

What a hypocrite.

hehehehe

its a well known fact i constantly troll my own thread

its my favorite pass time

tell me.... are you selling or holding ... or both?

lol
Mtgox API is down .... someone should wake that fat fuck.


i've put myself in a position where i love to see bitcoin move up, and don't care if it moves down.

My trading account is 50/50 ATM

but I hold paper wallets and investments ( 2 year mining contracts ) long term, and this position is much greater than my play money trading account.  
10988  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:28:47 PM
in a few years once the CNY goes in the toilet china will announce that it will let the free market decide what money should be.


just a heads up.


And you call others trolling?

What a hypocrite.

hehehehe

its a well known fact i constantly troll my own thread

its my favorite pass time
10989  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:23:50 PM
in a few years once the CNY goes in the toilet china will announce that it will let the free market decide what money should be.


just a heads up.
10990  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:48:50 AM
Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position.  good idea?

don't flip flop your trades...

you want to put yourself in a position where you don't care if it goes down, and love to see it go up.

and then you just HOLD that until really want to invest more, not speculate more.

Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long...

definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks.

it will probably make a new ATH, and then CHOO CHOO.

but i wouldn't bet my house on it....
10991  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:47:40 AM
my god look at the chinaman go!
10992  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:41:52 AM
Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position.  good idea?

don't flip flop your trades...

you want to put yourself in a position where you don't care if it goes down, and love to see it go up.

and then you just HOLD that until really want to invest more, not speculate more.
10993  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:05:22 AM
wow support was tested and wow

I sold 1

shitty shit shit!

i should listen to what i preach....


Did you  just execute the timeless "sell low" in the dip??

Shame on you !

no i did the china went down so i will correct the market where i trade.
10994  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 03:01:34 AM
wow support was tested and wow

I sold 1

shitty shit shit!

i should listen to what i preach....


10995  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 02:51:10 AM
its going to go up again in 20 mins ...
10996  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 02:37:28 AM
bad news in china or why their chart is going down again?  Undecided

random walk with an upward drift

thats just how markets move

don't panic.
10997  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 02:06:48 AM
oh shit watch out i think the rise might start to accelerate
10998  Economy / Speculation / Re: Got a bitcoin price prediction for 2014? on: December 11, 2013, 01:58:47 AM
over 10K  under 100K
10999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 01:52:54 AM
No ATH yet ? Grin
Still waiting 6100-6200 to be broken on BTCchina...

 Grin
11000  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2013, 12:27:51 AM

LMAO
thank you
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