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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368043 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
podyx
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November 09, 2014, 08:20:13 PM

Shit's hitting the fan mayn
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November 09, 2014, 08:24:16 PM

Can't miss the train!!!


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November 09, 2014, 08:27:40 PM

Those breaking longterm trend lines   Smiley
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November 09, 2014, 08:28:00 PM

Adam, why aren't your posting sir?
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November 09, 2014, 08:29:10 PM

We've got a bomb cyclone weather system hitting the U.S., significantly dropping temps, so we'll at least see the hash rate increase for those mining to heat their homes.
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November 09, 2014, 08:29:33 PM

Adam, why aren't your posting sir?
Adam = Blake Benthall ?
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November 09, 2014, 08:31:14 PM

Adam, why aren't your posting sir?
Adam = Blake Benthall ?

 Shocked
molecular
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November 09, 2014, 08:31:32 PM

Almost 4000 shorts opened on Finex in the last hours. Someone is establishing himself a large short position(that guy with all those 500+1000BTC asks).

1.2 million $ in longs opened, too. About equal amount.
nicked
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November 09, 2014, 08:32:43 PM

I'm so used to the regular "pump and dumps" that every time the price goes up a little, I get a feeling of remorse.
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November 09, 2014, 08:34:33 PM

Almost 4000 shorts opened on Finex in the last hours. Someone is establishing himself a large short position(that guy with all those 500+1000BTC asks).

1.2 million $ in longs opened, too. About equal amount.


Guess who´s sweating more now  Cheesy
inca
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November 09, 2014, 08:38:26 PM

All my finex coins lent out..

Hopefully we see a battle of the whales soon..
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November 09, 2014, 09:00:19 PM


Explanation
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November 09, 2014, 09:12:47 PM

I'd prefer if a competent member of this community would put a bit more effort before forming convictions, on the other hand.
You're making unwarranted assumptions about my background.

True. There's the other option as well: you've spent enough time and intellectual resources on the topic, but you still arrive at a conclusion that, at least in the extremely reduced way you presented it here ("trading = gambling"), completely misses the mark.

Perhaps it's a matter of semantics, though.

Do you consider a competent poker player a "gambler"? If yes, I'm okay with calling the act of trading that as well: both are (risk controlled) finite resource bets on a stochastic process, based on the limited ability to predict future outcomes of that process.

If, on the other hand, a competent poker player is not a gambler, while a trader is, I would like to hear what makes predictions of the 'poker' process different from predictions of the 'market' process. Or, if both of them are gamblers, but neither of them has a chance to be EV+ in your view, then I'd like to see an explanation of why a competent poker player beats an incompetent time after time, (almost) independent of the cards that have been dealt. Been there myself, lost some money in the process Cheesy

It's a game of skill with an element of chance, which means it's definitely gambling, but the best will get the money in the long-term. I think that could apply to either poker or trading.

This. What confuses people about this is how long the long run really is. When you think you know...you don't.

Source: over 3 million poker hands played
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November 09, 2014, 09:19:10 PM

Adam, why aren't your posting sir?
Adam = Blake Benthall ?

 Cheesy  AFAIK, Adam is just taking a break from bitcoin trading.
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November 09, 2014, 09:41:26 PM

Done for now.
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November 09, 2014, 10:00:20 PM


Explanation
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November 09, 2014, 10:22:29 PM

What's happening? Where are all the idiot dumpers??
Wandererfromthenorth
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November 09, 2014, 10:25:03 PM

I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!
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November 09, 2014, 10:26:14 PM

^ lol every time ^
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November 09, 2014, 10:26:50 PM

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