1065
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 13, 2014, 04:21:33 AM
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maybe I sound pretty stupid, but can anyone explain me quick what that indicator tells me "MACD" https://en.wikipedia.org/wiki/MACD(Ahem, I cannot resist pointing out that I helped edit that article, a few months ago. ) Still looks like a coiled spring to me. God help us. What does it mean? I don't know dude, I can't tell you, all I know it's that I'm scared. For many reasons I would like to postpone take-off, if possible. If the son of bearwhale could just hurry up and dump already, I would appreciate it 6 years wasn't enough for you? Nope. Ideally I'd like six more. You put to much wealth into this thing at this stage and it becomes top-heavy.. ready to tip over. Slow and steady wins the race. (And is it weird that I miss the ramblings of our beneficent overlords?)
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1066
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 13, 2014, 04:08:32 AM
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maybe I sound pretty stupid, but can anyone explain me quick what that indicator tells me "MACD" https://en.wikipedia.org/wiki/MACD(Ahem, I cannot resist pointing out that I helped edit that article, a few months ago. ) Still looks like a coiled spring to me. God help us. What does it mean? I don't know dude, I can't tell you, all I know it's that I'm scared. For many reasons I would like to postpone take-off, if possible. If the son of bearwhale could just hurry up and dump already, I would appreciate it
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1070
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 13, 2014, 02:48:18 AM
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maybe I sound pretty stupid, but can anyone explain me quick what that indicator tells me "MACD" Yuck, I don't know about all this technical Crap, but that looks like a coiled spring to me. I really hope not, I'm hoping that a more mature, distributed environment of exchanges will slow the train down a bit. Efficient arbitrage and all that Crap.
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1071
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 13, 2014, 01:13:39 AM
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Where the f*** is Adam?
Admin of Silk Road 2, second in command. Just kidding, I don't know Let hope he's put us aside for family and will be back with his anxious posts following price movements. Let's hope his wife didn't make him sell all his bitcoins and leave the bitcoin talk forums forever as the condition for letting him out of the doghouse. Would be tragic, and typical.
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1074
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 06:02:06 PM
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I'd like to see a nice sized dump here to bring us back to the 380-390 range...
Slow and steady as she goes, As low as possible for as long as possible pls, kthx
Why? Personally I would like the price to stay reasonable to allow people time to get onboard before the next moon shot. This smells like wall street insiders loading up and pumping the price so they can sell to the commoners at the next ATH and then dump it again. I'd rather not have another blow-off top if it can be avoided.
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1077
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 01:52:24 PM
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what was btc lowest point in 2014? it wasn't under $250 was it
at early november 2013 btc was around 200... so what someone said it doubled in a few months, i was thinkin it hadnt gone that low this year that's all The lowest was 275 I think. I remember getting excited to see what would happen if the price dropped below the high of the previous bubble for the first time... Now it appears I may never know
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1078
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 02:50:13 AM
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I don't know how it works on your exchange, but in my experience, every day you spend in the red you are bleeding out interest. Also, because of the spread, your position is in the red the second you make your bet.
Definitely a good idea to start with some small bets to get used to the system before swinging for the fences.
Well, how big are the interests? They aren't that big right BTW, I know I look like a fool and I normally wouldn't do this but my gut, heart and brain is telling me to do this, like what am I supposed to do Follow your gut, your heart, your feelings. Pay no attention to the heartless psychopaths that try to second guess your inner instincts. I'm just saying to start slow, "how big are the interests?" is something I don't know because I've never traded on your exchange. I'm just trying to say that I wouldn't feel comfortable entering a significant position without knowing exactly how big are the interests
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1079
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 12:49:36 AM
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For god's sake no don't go long 20X now. I see you are eager to trade on big leverage.
Trust me, unless you REALLY know what you are doing I suggest you don't go big or you'll find yourself totally REKT with less than half of all your funds before you know it. You don't want that.
And even it tomorrow it shoots up (you don't know that now) don't go all "maaaan I could have made a killing if I would have put all 20X leverage yesterday!" ^^^This is the thought process of a gambler not a trader. A trader needs a strategy, not big wins on luck, or he will lose eventually.
How much experience do you have in trading and on trading on margin?
Not alot, swingtrade a bit with btc/doge/ltc . But unless it would go sub $350 I wouldn't lose any money
And I don't think it will go much lower then $355 I don't know how it works on your exchange, but in my experience, every day you spend in the red you are bleeding out interest. Also, because of the spread, your position is in the red the second you make your bet. Definitely a good idea to start with some small bets to get used to the system before swinging for the fences.
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