Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[hdbuck]

bear trolls are suspiciously quiet, bought back?

you wish

[nanobrain]

Wall is going DOWN.

300's here we come.

Bears rejoice, our time has come !

Really? What are you people gonna do? Buy tons of Bitcoins at 380 or sit on the forum crying all day how we will go down because you want cheap coins at 280?
I think i know.

I pretty much havent changed my position for quite a while. Until we see maximum pain, i think it'll continue to tumble.

This market is hell-bent on shaking out the bagholders and lottery-ticket types. 275-350 would do the trick, imo. Then, i'll turn bullish when i see some major volume buying.

Huh? You just said your time has come but now you suddenly don't want to buy because there are cheap coins at 275.
Who would've guessed. Oh wait, i did, 10 minutes ago.

Um, you're lost or high.

Say hello to the other idiots on my ignore list. Buh bye.

A long and ignominious list.

The Shrooms-bot is active LOL

[JayJuanGee]

So does that make sense to you, or do you want to grill me some more to attempt to figure our whether I am pulling your leg.. or not following a sound practice or you want to criticize some thing that I am doing or to suggest that I am either lying to myself or incompetent or some negative motives or you want to try to suggest some other investment strategy or you are engaging in Monday morning quarter-backing?

In any event, hopefully, I have clarified sufficiently for you to understand my earlier statement(s).

By the way, What's your story?   Do you have some personal investment details that you can share (sort of a quid pro quo)?  Surely people have different investment approaches, depending upon when they got in, their risk profile, their other investments and maybe even depending on their reasons for getting in.  Part of my original motivation remains my current motivation and that is to diversify or hedge my dollar investments.  I feel that I have way too much of my total investments in the dollar.

I grilled you some, so I suppose I could give you a little back: I had a decent amount of bitcoin that I bought for an average of $5, held straight through the first bubble. I sold at $200 originally, then when I saw all the buying pressure at $266 bought back in, and started selling all the way up in small but increasing amounts once we hit about 400 (started too early, for sure). I sold everything leftover that I was willing to sell (which was still a good chunk of it) at a little over 1000 based on some sentiment indicators: my friend who never gave a shit about bitcoin suddenly asked if he should buy (I told him no, of course), I read a bitcoin market analyst who a lot of people listen to (you can see some of his analysis being regurgitated by people on this forum) call a 3300 top, and because I noticed that buying pressure subsided substantially after 1000. If you look back, I was dropping warning hints that maybe people shouldn't be so overzealous a little ways after we broke 1000. After the initial double top and drop, I was told I was just lucky, which, who knows? That could very well be the case.

Thanks for sharing some of your personal circumstances.  Of course there is some luck, but also, there are a lot of advantages to being actively into something for a while in order to know whether to invest or not or how much to invest.  If I had known you in November 2013, I may or may NOT have adjusted my strategy... Sometimes it does help to have consultation from someone who has some experience. 

More or less, I had $30,000 to invest in November 2013, and I chose to begin investing with $1,500.. and to spread the remainder of the $30K over 6 months... that was my strategy based on what little I had studied into bitcoin for about 3 weeks before I started investing.  There were some timing issues b/c if I had heard earlier or later, my strategy would have been adjusted somewhat.  It's been an interesting ride for me, and surely it is NOT even close to being over.

[octaft]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

[magicmexican]

i predict huobi returning to 2600'ish level and hanging there waiting for more news

[koryu]

wow 400 held, on actual news and confirmations of banning lol, I don't get how this didn't break 400 lol Suppose it comes in waves, but chines is awake. I fell asleep really early trying to take a nap lol... woke up to turmoil as per usual.

this aint over yet, but 400 support is impressive. wonder if people really start selling for 400 and lower. i wont.

[ChartBuddy]

Explanation

[magicmexican]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

Not really, ignore list is a blessing to avoid boring attention whores who spam smiley faces. No need to read their posts just like you dont read your email spam folder about penis enlargements and niggerian princes offering you millions

[Davyd05]

Aww, poor bulls on the rag. Cant handle that they were WRONG hehe !!
[/quote]

How come I'm not bleeding? I think you're a little bit confused, coins are still in my possession all is well. I didn't buy in cause China was buying coins. I'll buy em from China when they get to our markets.

Day traders are entitled to making profit on swings, its tempting for me myself. But hodling for me is less stressful, I can't sell because none of this has anything to do with the core of bitcoin this is just human's running around with their heads cut off...the usual.

[Davyd05]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

Not really, ignore list is a blessing to avoid boring attention whores who spam smiley faces. No need to read their posts just like you dont read your email spam folder about penis enlargements and http://en.wikipedia.org/wiki/Nigerians princes offering you millions

ftfy

[TeeBone]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

It seems to ramp up when prices are falling. Reminds me of a really angry poker player on full tilt  

[JayJuanGee]

Wall is going DOWN.

300's here we come.

Bears rejoice, our time has come !

Really? What are you people gonna do? Buy tons of Bitcoins at 380 or sit on the forum crying all day how we will go down because you want cheap coins at 280?
I think i know.

I pretty much havent changed my position for quite a while. Until we see maximum pain, i think it'll continue to tumble.

This market is hell-bent on shaking out the bagholders and lottery-ticket types. 275-350 would do the trick, imo. Then, i'll turn bullish when i see some major volume buying.

Huh? You just said your time has come but now you suddenly don't want to buy because there are cheap coins at 275.
Who would've guessed. Oh wait, i did, 10 minutes ago.

Um, you're lost or high.

Say hello to the other idiots on my ignore list. Buh bye.

Aww, poor bulls on the rag. Cant handle that they were WRONG hehe !!

You should be honored to be on his ignore list.  He just wants to spew non-sense all day, and as soon as anyone challenges it or maybe causes him/her/it to think beyond some superficial slogan, ignored you become.

[Davyd05]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

It seems to ramp up when prices are falling. Reminds of a really angry poker player on full tilt  

Perhaps you don't understand what a troll is fundamentally, much different than an adversary. Trolls are just trying to make you waste your time fighting a circular argument which breaks down in to a name calling bash, responding to them directly and or quoting them seems to inflate their egos and attempts to troll across the forum.

[p0peji]

bear trolls are suspiciously quiet, bought back?

This seriously has to be the funniest comment ever, btw I have a house and a car to sell to you.

[chromosoma]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

It seems to ramp up when prices are falling. Reminds of a really angry poker player on full tilt  

Perhaps you don't understand what a troll is fundamentally, much different than an adversary. Trolls are just trying to make you waste your time fighting a circular argument which breaks down in to a name calling bash, responding to them directly and or quoting them seems to inflate their egos and attempts to troll across the forum.

I dont know, i am considering myself as a troll, but still i try not to abuse anyone here. Making fun and trolling is ok, insulting is not:)

[Davyd05]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

It seems to ramp up when prices are falling. Reminds of a really angry poker player on full tilt  

Perhaps you don't understand what a troll is fundamentally, much different than an adversary. Trolls are just trying to make you waste your time fighting a circular argument which breaks down in to a name calling bash, responding to them directly and or quoting them seems to inflate their egos and attempts to troll across the forum.

I dont know, i am considering myself as a troll, but still i try not to abuse anyone here. Making fun and trolling is ok, insulting is not:)

uh, poking fun is different...as it occurs in reality. Trolls form a reality in which they are the only ones possible of uttering the truth

[MrBlacky]

Chill guys.

Much of the China BTC account closing has already been factored in the price.

Bullshit. Every time there is news from China we go down more. Every time it's like the sheep just heard about it for the first time.
That's why it really sucks only 1 bank has come out now. Next week another one and another one and the reaction will be the same every time: omg paaaanic seeeelll omg China banned Bitcooooin!
Bitcoin traders are some dumbest people i can think of.

This does surprise me as well. But I guess it's because the market is still immature in many regards.
Sometimes it feels like a great portion of BTC investors are 15 year old kids.

[octaft]

I never understood the whole ignore thing in general. For most, all it does is make you have to click an extra button when you read their post. And let's face it, if you hate them enough to ignore them, you're going to hate them enough to want to see if you can find some way to start shit with them.

It seems to ramp up when prices are falling. Reminds of a really angry poker player on full tilt  

Perhaps you don't understand what a troll is fundamentally, much different than an adversary. Trolls are just trying to make you waste your time fighting a circular argument which breaks down in to a name calling bash, responding to them directly and or quoting them seems to inflate their egos and attempts to troll across the forum.

I dont know, i am considering myself as a troll, but still i try not to abuse anyone here. Making fun and trolling is ok, insulting is not:)

uh, poking fun is different...as it occurs in reality. Trolls form a reality in which they are the only ones possible of uttering the truth

Trolls are fishing for a response, any response. Most are not trolls on here per se, merely talking up their position.

[magicmexican]

Trolls are fishing for a response, any response. Most are not trolls on here per se, merely talking up their position.

I despise those kind the most, complete and utter trash, for multiple reasons

[octaft]

Trolls are fishing for a response, any response. Most are not trolls on here per se, merely talking up their position.

I despise those kind the most, complete and utter trash, for multiple reasons

Do you mean the talking up their position trolls or the fishing for a response trolls?