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201  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2017, 05:09:53 AM
Correct me if I'm wrong, by all means, but with a spread like 50 bucks, couldn't a bot just continuously buy and sell and clean up like mad?
202  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 09:17:57 PM
Damn, down to 11200 and bounce like a gymnast.

And i bought at 11780 expecting a bull run when we broke ath.

As my wife says, "whoopsie."

Meh, hold and wait... It'll recover.

You better be prepared to wait because it could take a couple of hours

While by far the biggest drop I've bought the top of, it's not the first. That was last week when we dropped back below 10k.that took a whole day!

If it does keep falling i can sell a loss (about 2 bucks right now...) then but back lower.
203  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 09:05:16 PM
Damn, down to 11200 and bounce like a gymnast.

And i bought at 11780 expecting a bull run when we broke ath.

As my wife says, "whoopsie."

Meh, hold and wait... It'll recover.
204  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 08:38:32 PM
Well, stamp slipped... Two cents shy of the ath and boom, down she goes, by the hundred.
205  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 06:59:52 PM
Wouldn't surprise me if BTC hits $25K within 36 days (early 2018) let alone 365.

A year maybe, a month? No Fucking way. And if it does, expect a correction. Talk about going vertical...

Why don't we speak in relative terms rather than absolutes?  Look at the 30-day percentage; it's usually 60+ percent.  In recent months, we've seen it close to 100%.  If it's going to $25k, it wont take a year.  At 10% average monthly increase, $25k comes in 8 months and that would be quite sad considering the current rates of adoption - almost a let down IMHO.




That's a very reasonable logic. I spent be shocked by 6 months, even. But I think 15k, 20k will prove barriers, psychologically and just from profit taking.

Mind you, I'm mining and trading penny by penny either way. Wish I had started doing so earlier...
206  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 06:31:45 PM
Wouldn't surprise me if BTC hits $25K within 36 days (early 2018) let alone 365.

A year maybe, a month? No Fucking way. And if it does, expect a correction. Talk about going vertical...
207  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 06:04:32 PM
up several hundred while i slept, mostly in the last 6 hours? what the heck...

usual noise or did i actually miss some news?
208  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 05:15:53 AM
I always wondered if I went back in time and bought 1,000,000 coins, what would happen and how it would change. Maybe btc would just fail altogether.

how about if ya go back and just started mining earlier? like in 2009 when CPU was the way to go... then "oh look, it's BFL... well, i'll ignore that..." and "mt gox? hmm... maybe i'll stay away..." and so on. same events happen, just you choose the "not screwed" side.

course, moot point, since it requires time travel...

personally, i just wish i hadn't sold what i at one point had. or that i'd worked out my shit and kept distributing asic block eruptors... i bet canaryinthemine made bank...
209  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 01:01:52 AM
Wow, great post there. I'll believe it, too. This whole futures thing is going to be a wild ride.
210  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 07:57:32 PM
is it just me, or is it kinda hard to see a trend, at the moment? it's like "up... or down? hmm..."

where' the TA guys with their triangles?
211  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 04:47:22 AM
wall falling fast. This should be fun

not too fast to me... once we clear 11k though? oooh boy.

well, i called THAT wrong...
212  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 04:39:35 AM
Is anybody here still buying? Huh


Of course.

If the price goes down, then buy, and if the price goes up then sell.

The price has been going up and down in the past two days... so just apply the formula.

That's day trading. That's madness. I'd get r0ached for sure.

You do not have to call it day trading because it depends on the spread of your buy/sell increments.  Of course, it is better to practice with smaller increments, and then as you get used to the practice and you stack up your orders on each side, then you can just sit back and if your increments are large enough, you might not need to do anything for several days, and perhaps weeks at a time.

Currently my increments are $500, so they are executing fairly frequently; however, you could have increments of $1000 or $1500 or some other amount.  I would suggest an amount lower than mine to practice, and then thereafter, once you have practiced a bit to increase your increments.  Good luck (even though you sound very disinclined to take these kinds of measures and you would rather worry your little bot head off     Cheesy Cheesy Cheesy)....  

Been doing this the part couple of days successfully increasing what I put in, pennies at a time.

I have an understanding of stop sell orders and of course instant orders... What I want is "when prove rises to x buy" but not sure how to do... On stamp, mind.

To me, that does not sound like the correct mindset for what I am saying and for preparing your portfolio for either price direction.

Accordingly, what you are doing seems to be attempting to figure out what the market is going to do, and none of us really knows.. therefore, you should be largely doing the same thing no matter what, and just making little tweaks on the margin... if you want to accumulate more BTC, then you buy a bit more on the dips. and if you want to prepare a little better for dips, then you sell a bit more on the way up.. None of these moves of tweaking should be major in terms of the value of your whole BTC portfolio, unless for instance you happen to win the lottery or something like that, which would cause you to have a sudden influx of cash that could change your ratios and your plan and/or strategy a bit more than usual.

Thank you muchly for the advice. It's really very appreciated.
213  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 01:14:28 AM
wall falling fast. This should be fun

not too fast to me... once we clear 11k though? oooh boy.
214  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 01:08:29 AM
jesus...I still feel like ass

I'm not drinking again till 20K

still recovering, what, three days later? jesus, how much did you drink? i know there are songs and such about drinking until the barrel is dry, but you shouldn't take that literally!

i kid, of course. Cheesy
215  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 12:27:09 AM
a quick look at the inevitability chart tells me $11000 in 2 hours

There appears to be some lag in the system.  Please stand by for lift-off.
it seems so. good thing about the inevitability chart is that time is irrelevant Smiley

eh, only, what, 200 BTC (on stamp) to clear 11k? meh, that's chump change.

that i'll gladly be called a chump for, if someone cares to give me the 200 BTC. Cheesy
216  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 07:47:25 PM
Is anybody here still buying? Huh


Of course.

If the price goes down, then buy, and if the price goes up then sell.

The price has been going up and down in the past two days... so just apply the formula.

That's day trading. That's madness. I'd get r0ached for sure.

You do not have to call it day trading because it depends on the spread of your buy/sell increments.  Of course, it is better to practice with smaller increments, and then as you get used to the practice and you stack up your orders on each side, then you can just sit back and if your increments are large enough, you might not need to do anything for several days, and perhaps weeks at a time.

Currently my increments are $500, so they are executing fairly frequently; however, you could have increments of $1000 or $1500 or some other amount.  I would suggest an amount lower than mine to practice, and then thereafter, once you have practiced a bit to increase your increments.  Good luck (even though you sound very disinclined to take these kinds of measures and you would rather worry your little bot head off     Cheesy Cheesy Cheesy).... 

Been doing this the part couple of days successfully increasing what I put in, pennies at a time.

I have an understanding of stop sell orders and of course instant orders... What I want is "when prove rises to x buy" but not sure how to do... On stamp, mind.
217  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 04:40:30 PM
Bleh. Mempool back @ 60mb worth of 0-5sat transactions to slog through.

Sheeeit.

Years back, when Satoshi dice was popular, that would make sense. Maybe even be common. These days? No one processes zero fee transactions, and everyone knows that. Why, besides spam, would you send them?
218  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 04:20:07 PM
oh god


my head

Hopefully you will never see <$10k again Smiley.

While I agree with the hope, damn man, shut up!
219  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 03:23:27 PM
Yeah where is Proudhon? Love that guy. I giggle at some of the newbs here who think he is a serious troll.  Tongue

In other news, these price predictions seem so far fetched that I can't even wrap my brain around it. But I wouldn't be sad.

https://www.cnbc.com/2017/11/29/james-altucher-predicts-bitcoin-will-reach-1-million-by-2020.html

As incomprehensible as 10k was 5 years ago.
220  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2017, 03:06:18 PM
Got my pay yesterday, sent most of it to an exchange immediately, still missed the dip.

Oh well...

I sent in some, just a little, and... Bought at 10700. Dammit.
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