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27761  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 09:51:07 PM
The guy market selling 1-2000 BTC hasnīt been seen for a while. All systems go! Soonish ™!


How do you know it's only one guy, and not several orders stacked on top of eachother?

I donīt know if itīs only one guy, but there have been several single ~1000BTC  sells that were not stacked if you look into the historic trading records. Maybe there are different players making 1000BTC market sells, what do i know.




YEAH... what do you know?Huh?    Cheesy Cheesy Cheesy    Wink Wink
27762  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 04:22:18 AM
Sorry guise, I fed teh troll Sad
Bah.  He claimed to have a "foolproof" method.  I pointed out that it is not foolproof.  Who is the troll?



For the most part YOU, JORGE, are the troll - however, from time to time, you add some substance to this threads conversation b/c you are attempting to disguise your trolling efforts and you are attempting to gain credibility in order to be a more effective troll.....   For the most part, JORGE, you are trolling us... b/c your goals are NOT genuinely to contribute to meaning discussion and you strive to distract with information that is spinning reality to such extremes that it is NOT genuine or meaningful or sincere.
27763  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2014, 07:22:16 PM
I on the other hand do have a fool proof TA method....




....... buy bitcoin. Hold......

.....been working for the last two years....


.....not so much with precious metals though. lol
So you you never sold anything even when price was at $1200 to rebuy lower?

You had a lot of occasions to more than triple you whole BTC stash with basic TA in a couple of moves.
Nothing out of this planet, nothing difficult.

All fine and dandy, after the fact, but price changes are NOT completely predictable... even though we may be able to estimate with varying levels of certainty whether prices are above the trendline or below the trendline... seems pretty clear that currently BTC prices are quite below the trendline... meaning buy and hodl... when prices were $1200, seemed pretty likely that they are above the trendline... and either hodl or sell would have been best... but in retrospect, we know selling woudl have been better (but NOT while we are in the bubble).
27764  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2014, 07:18:00 PM
I on the other hand do have a fool proof TA method....
....... buy bitcoin. Hold......
.....been working for the last two years....

It is not foolproof, I am afraid.  For the fools who bought in late November, that method has been rather disappointing so far.  Wink


.....not so much with precious metals though. lol

Again, it depends on when one bought and sold...


Yep... let's be so dumb as to paint the worst case scenario... In that regard, if investors came in at $1200 per BTC, and have NOT bought since, they may have been feeling a lot of pressure... but it would be NOT to smart to have BTC buy-in costs at $1200 per BTC...

Seems pretty rare to be worrying about these exceptional circumstances, even though they do exist.


In other words, to get caught up on exceptions, seems to be FUD spreading.
27765  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 03:59:02 PM
is coinbase taking orders again?

They have been taking orders all week, since Sunday!!!!!
i mean can you get current market price and no waiting.

Yes, since Sunday.. They ran out of coins for 5 hours (and that was it).  They have had coins at current prices the whole week.
27766  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 03:55:00 PM
is coinbase taking orders again?

They have been taking orders all week, since Sunday!!!!!
27767  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 10:21:02 AM



Shit!!!!!  Where's BJA?  Did you get out of the fiat?
27768  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 08:28:43 AM
Possible inverse head and shoulders pattern. Watch for a breakout out if it crosses the $520 neckline.  I won't be too happy about it, as I'm still mostly sitting in fiat. It's better to sit in a lambo than a Fiat.
 

It's better to sit in a Fiat than to have to walk, too.   Especially, if you are carrying any luggage with you.
27769  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 07:55:41 AM
We can see $450 easily.

WE can see it, but is it within reach or is it just within sight?

Well I won't be personally satisfied till I get that 420 I seek
But in reality probally only within sight not within range at this time.

The rolling stones has a song just for you.  It is called:  " I can't get no satisfaction" 

And, even your comment is suggesting that your goal is a bit out of reach... You should be extremely happy if coins come within reach of the $460 to $470 range within the coming week or so..
27770  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 07:50:00 AM
Good morning, just woke up. Is there are reason why we are going down?

bitcoin is going to nowhere but down, dead cat bounces won't save the price

old stuff first:
51% pool fear (easy came easy gone easy return so it can't be fixed and never be fixed)
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k), yes, they are still slowly cashing out and will continue for a long long time
no new money, everyone is selling / spending
governments warning and banning
scam IPOs many including Ethereum and others
Dell / Expedia / Newegg / House dealer / etc are selling in real time
etc..

some latest news:
BitLicense comment period an additional 45 days, bitcoin will be seriously limited and people will lose interest and leave bitcoin, you will see more shits like this coming out later, please call it "a hidden US ban on bitcoin"
China central bank has a new ban coming soon, under the name of "anti money laundering" because ALL chinese exchangers are using "illegal coupons through 3rd party" to deposit/withdraw, they can't do it legally because ALL chinese banks REFUSED to work with them months ago, it's like central bank saying to exchangers: "You have been warned not engage in any bitcoin business since long time ago but you carried on regardless, so don't blame me if i kick your ass hard time by time"


De Ja Vu    --- seems like I read that response somewhere, previously, no?


Even though there remain a lot of positive BTC developments, there is also a decent set of explanations for the recent price drop in this video:

https://www.youtube.com/watch?v=GrZQldPEC6A
27771  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 07:35:56 AM
I just puked a little. last time this happend price was way way up in the sky. just sayin...


Probably NOT a pretty picture witnessing a penguin puking?
27772  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 07:33:36 AM
It seems bitcoin is history....   Sad

https://www.youtube.com/watch?v=Zl6DizyZgFY

if you trade you BTC for BC you're gonna have a really good time because BC is going up!  and BTC is going down Cry

ridiculous

In general, if you mess with altcoins you're gonna have a bad time. And that BC rap is the worst thing I've seen in quite awhile.

this video must be one hell of a slap in the face to everyone that contributed to these guys owning 8 lambos

I never quite thought about it like that....   Funny thing is that BC has a market cap of only 4 million dollars, and 8 lambos would cost nearly $2million... In that regard, they are planning to liquidate half of BC for 8 lambos?  50% liquidity,..... what an exaggeration, seems even worse than some of these bears in here with their exaggerations...
27773  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 07:17:07 AM
It seems bitcoin is history....   Sad

https://www.youtube.com/watch?v=Zl6DizyZgFY
That was actually surprisingly terrible.

I found it more entertaining than YTCracker.... But to each his/her own...  Wink
27774  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 07:07:34 AM
We can see $450 easily.

WE can see it, but is it within reach or is it just within sight?
27775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 06:58:49 AM

I buy through Coinbase too, but only if I am full BTC in my trading account. That is a bad, unbalanced position to be in and I took a loss just to get back in the game. I might have just waited longer and saved some money, but I only work in probabilities, not certainty. For day trading, CB is unworkable. You need a large exchange with lots of liquidity like bfx or Stamp.

I mention Coinbase b/c I initially get all my coins through them b/c they seem to be amongst the cheapest means to first acquire BTC for peeps in the USA.  I agree with you for a variety of reasons that Coinbase is NOT set up to be a trading platform, and it would NOT function too well to attempt to use it in such a way, and one of the reasons is the fee is a bit high for that 1% on each end, and another reason is that you cannot customize orders to take place upon price movement, they have to be accomplished manually or at Coinbase's preset times.

So far, I only have one account set up that I can use for trading, and that is a BTC-e account.  I have done a tiny bit of practice trading with that account; however, since I have NOT been sufficiently in the black with my BTC portfolio, and since I believe BTC prices are far below the "trendline," I consider trading to be an unwise option for my particular circumstances and viewpoint (however, I have it available in the event that I feel an urgent need to move from BTC to dollars (or possibly to some other currency) with decent fees .2%.








I am talking my book, but I'm honest about it.

It would be really foolish to be completely honest, and hopefully you realize that too.  Most of the time, investors are NOT going to reveal their position, except in fairly vague and non-specific terms, until after they have already taken it. ... same is true for you.  






I want the price to go down so I can get more coins. a crazy crash like the one on BTC-e aa few days ago to $309 is not out of the question. Unfortunately,  I no longer have enough cash to place meaningful orders down to $1 like I once did.

Almost any time we can have those kinds of crazy crashes, yet they seem to be more prevalent during some kind of upturn in the market's volatility... and then when they happen, they seem to cause additional volatility and imbalance for a short period of time.  Surely, it would be nice to have various orders placed on various exchanges in order to be able to profit from such irregularities when they do occur.







This is Bitcoin, the only thing steeper than the spikes and crashes is the learning curve.  

Surely, various kinds of knowledge develops with additional experience(s), yet here you go again with a kind of gratuitous self-serving reference to your implied guru status.  I will leave my comment a little vague for NOW; however, you should probably realize that some posters, including myself, will only have so much tolerance for those kinds of self-serving statements... but I will leave it alone for now, as I mentioned.  

Prices have only gotten down to $502, so far, as I type - so accordingly, I am sticking with my earlier made prediction of possibly $480 to $490 in the next 12 hours... otherwise, maybe we will have another shot at these levels within the next 36 hours.... (meaning approximately 24 hours later - after bouncing back a bit)... and I guess since we are dragging into the weekend.. these kinds of prices and attempts to push downward may linger into the weekend... but I am having my doubts about anything lower than approximately $462... but wtf do I know?   Cheesy


EDIT:::: oh yeah, i forgot the mention... my agreement with you, that we should all be acting with probabilities and calculating our position(s) and exposure(s) based on how we view these probability calculations, and liekly a variety of us will come to different results based on our view of the probability and/or our abilities to calculate them and/or our risk tolerance(s) to them.




27776  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 04:43:12 AM
Price is much more stable today. Me and my fellow decentral bankers have done our job! Only idiots put in market orders when the price is stable. Save that shit for chopping off the tops and bottoms.


WELCOME BACK!!!!.... Talking your book... yes, we know that you shorted, and you want the price to go down... good luck with that.

It's working out so far. Got ~40% of my trading stack back and I'm still sitting on a pile of cash just waiting for cheaper coinz. 


Well hopefully you are gaining back some of your trading stack and NOT just making things up!!!!!   

To me, it seems fairly risky to be trading, unless you happen to be a whale... and really talking your book can be quite irritating, even though quite a few posters do some variation of such.... in order to get people to follow their lead. 

I am thinking that we may see $480 or $490 in the next 12 hours... but sometimes those kinds of prices only last a short period, and I am NOT really set up for automatic buys, since I continue to buy my BTC through Coinbase....

NOW, I recall that you were a little bit amorphous about revealing some details of your trading stash... but I believe that your trading stash represented less than 10% of your total BTC stash?  Or have you changed your parameters? 

Also, I believe you had said that your average cost per BTC was in the less than $40 per BTC arena.. Is that still true, or have those calculations changed?

And another question is whether you trade with leverage or NOT... on the terms of the exchanges... I suppose that is where there remains greater possibilities in shorting, if you can do it correctly.  I get the sense that you do trade with leverage, and possibly you would NOT need to engage in that practice if you have a decent stash of your own coins.  The leverage game is stacked in favor of the house; however, if you are dealing with your own stash of cheap coins, then you could be in a fairly decent position to increase your BTC, also.... 

For me, personally, I would only feel comfortable trading on the very large swings in BTC prices, and currently, I consider anything below $700 or $800 to be well below the BTC price trendline (which has been true for more than 6 months), so I am way too nervous to sell... on the other hand, I may become a little more comfortable to sell some, if the price goes up... and even better if it goes above the trendline and even better if I experience at least one BTC bubble during my BTC investment experiences (been in the game for almost 9 months, and NO baby yet... to take from Risto... fuck!!!!!!.. ) ... anyhow:  probably I would be trading with well less than 10% of my stash, unless I feel pretty certain about a downward correction in price or if some other market conditions were to exist.
27777  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 04:03:25 AM
Hahaha, bitcoin chart reminds me  diarrhoea.
You are hungry, you ate something and feel relief, but  in 10 min you are hungry again:)))

That's NOT my experience of diarrhea...

More like.. you have diarrhea, and you do NOT feel like eating b/c you are shitting so much, then finally, you think you are feeling better, so you eat.  You feel good for a few minutes, and then 10 minutes later...... Need I say more?    Embarrassed Lips sealed Undecided

27778  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 03:59:35 AM


http://cointelegraph.com/news/112318/live-free-or-die-nh-governor-candidate-calls-for-bitliberty-in-response-the-bitlicense

very important every bitcoiner in New Hampshire votes for this Andrew Hemingway

oh ic what he did there... well played Andrew well played!   Smiley

what the world wants the world gets

One thing is being a candidate, and another thing is if this candidate Hemingway, actually wins and being able to carry out some of the proposed objectives.

Even if he does NOT win, it could be useful to have some of these kinds of public discussions.
27779  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 02:26:06 AM
market should hold here for a while clearly its a sticky price.

place your bets!

Indeed! the stability here is a great sign

I still think a retest of $500 is entirely possible this weekend though...

but coinbase should have a fresh wad of fiat ready to go and taking orders again, tomorrow.
and this is the settled price for the whale eat whale move we just had, moving away in any direction seems unlikely, we maybe stuck here so long as vol keeps coming.


I believe TA always rules over any "news" or "fundamentals", hence why I think it should at least touch this support line

Behold my famous mspaint chart: Cheesy
 




What AMAZING TA skills...    Shocked    Your prediction may come true tonight since price is hovering around $510, as I type.
27780  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2014, 02:19:21 AM
adam, you nazi. stop deleting my posts.

HOW do you know that it is Adam who is removing your posts?  

Also, you have been pretty bullish lately, which should be a good thing that allows your posts to stay.    Shocked


Except for the various posts of pictures of dead bears, your posts have been pretty socially acceptable...    Cheesy Cheesy Cheesy Wink
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