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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 26371115 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.)
elasticband
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February 13, 2015, 11:44:18 AM



what rpice did you sell at? Or did you just deposit that?

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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NotHatinJustTrollin
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February 13, 2015, 11:44:21 AM

bulltrap
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February 13, 2015, 11:46:03 AM



what rpice did you sell at? Or did you just deposit that?



bought @ 2-6 USD  sold @ around 650 USD on the way down   Embarrassed Smiley Roll Eyes
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February 13, 2015, 11:48:41 AM



what rpice did you sell at? Or did you just deposit that?



bought @ 2-6 USD  sold @ around 650 USD on the way down   Embarrassed Smiley Roll Eyes

Impressive, very nice
elasticband
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February 13, 2015, 11:49:17 AM



what rpice did you sell at? Or did you just deposit that?



bought @ 2-6 USD  sold @ around 650 USD on the way down   Embarrassed Smiley Roll Eyes

why didn't i do that? FML I've been doing this all wrong.......

Do you still hodl BTC or was that your stash? you can triple your stash by buying back now, so why not.... you waited before just wait again and try and accumulate more coin while waiting.

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February 13, 2015, 11:51:06 AM



what rpice did you sell at? Or did you just deposit that?



bought @ 2-6 USD  sold @ around 650 USD on the way down   Embarrassed Smiley Roll Eyes

why didn't i do that? FML I've been doing this all wrong.......

Do you still hodl BTC or was that your stash? you can triple your stash by buying back now, so why not.... you waited before just wait again and try and accumulate more coin while waiting.


Or buy for 25k $ now. And when price goes down you buy again for 25k Wink
elasticband
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February 13, 2015, 11:53:16 AM

personally i prefer if you spend your whole $$$ right now in one click of a button on finex. you can eat that wall and send us up...
elasticband
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February 13, 2015, 11:53:30 AM

personally i prefer if you spend your whole $$$ right now in one click of a button on finex. you can eat that wall and send us up...

it's being eaten
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February 13, 2015, 11:56:12 AM

why didn't i do that? FML I've been doing this all wrong.......

Do you still hodl BTC or was that your stash? you can triple your stash by buying back now, so why not.... you waited before just wait again and try and accumulate more coin while waiting.



this is a summary of what I did

originally I had 1000 BTC (~5000 EUR) , lost half  Angry on the first bubble (260 -> 40)  but then I hedl  

130k is what I left in for re-investing  but I am very bad @ daytrading so now I only have 115k   Angry Angry Angry


when I buy, I buy to HODL  (with a stoploss of course)   Cool
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February 13, 2015, 11:56:45 AM

Where are all the predictions and YouTube videos for bitcoin going over $10,000?
How is that any more ridiculous than Apple having a market cap of $700 Billion? in order for one BTC to be worth $10,000, the market cap would only have to be $210B or less (depending on how many bitcoins have been mined when it happens), less than 1/3 of Apple Corp's current value.

Well, when you buy some Apple stock, you become owner of a slice of a huge company, that makes 70'000 USD of profit every second, by manufacturing and selling more than 10 million high-quality computers and smatrphones per month, that people literally give a kidney for.   Whereas, when you buy a bitcoin....

There is no rational reason why an Apple phone or computer is substantially more desirable than one of it's many competitors. It's simply a preference and preferences change. The desire to own bitcoins (which can be looked at as shares in the Bitcoin network) is also a preference. The demand for Apple products may go down, particularly if they fail to keep innovating at a pace and in a way their customers expect. The demand for bitcoins may go up if innovation in the space makes them more useful.

$700B puts Apple stock at a ludicrous price/earnings ratio reminiscent of the Dotcom bubble before the 2000 crash. There may be no objective way to value bitcoin, but there are objective ways of valuing stocks and by most objective measures, Apple is way overpriced.

Apple stock  pays a dividend

And the pe ratio is only 16.8 not bad for a company  still growing

Apple isn't maybe the best example, but can be easily replaced by Facebook or Twitter, and the point stands: by conventional metrics, they are overvalued. "They have so much growth potential" might be the investors' collective reasoning why they are so overvalued, but at that point, we're getting pretty close to the Bitcoiner's rationale, so it seems rather arbitrary to nod it off it in one field (tech stock) but scold it in another (entries/shares in a distributed ledger/currency).
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February 13, 2015, 11:57:10 AM

...
it's being eaten

That's what I like to see in the morning.  Optimism.
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February 13, 2015, 11:59:42 AM

Coin
Explanation
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February 13, 2015, 12:01:53 PM

...
it's being eaten

That's what I like to see in the morning.  Optimism.
Where is the ''Goodmorning Gentlemen''?
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February 13, 2015, 12:05:56 PM

...
it's being eaten

That's what I like to see in the morning.  Optimism.
Where is the ''Goodmorning Gentlemen''?


this is gentlemen!
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February 13, 2015, 12:11:10 PM

why didn't i do that? FML I've been doing this all wrong.......

Do you still hodl BTC or was that your stash? you can triple your stash by buying back now, so why not.... you waited before just wait again and try and accumulate more coin while waiting.



this is a summary of what I did

originally I had 1000 BTC (~5000 EUR) , lost half  Angry on the first bubble (260 -> 40)  but then I hedl  

130k is what I left in for re-investing  but I am very bad @ daytrading so now I only have 115k   Angry Angry Angry


when I buy, I buy to HODL  (with a stoploss of course)   Cool
I would buy but not now. Buy when the price is going down again.

Reason you lost on day trading is also probably because you bought in the pumps. Try to buy on the way down. It works out better in the end. Best of luck.

Oh and well done by the way. You did great with your investment for the most part! Smiley
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February 13, 2015, 12:17:11 PM


[/quote]
....Oh and well done by the way. You did great with your investment for the most part! Smiley
[/quote]


thanx tell tha to my white hair 

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February 13, 2015, 12:21:06 PM


Great. That is nealy enough to move the price of 1%. Grin
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February 13, 2015, 12:24:01 PM


Great. That is nealy enough to move the price of 1%. Grin


lol  I remember the days I used to create my own peaks
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February 13, 2015, 12:25:41 PM

...
it's being eaten

That's what I like to see in the morning.  Optimism.
Where is the ''Goodmorning Gentlemen''?

nolambychopsy is under his bed crying like a bitch Grin

Good morning, gentlemen!  The bitch is back, order shall be restored momentarily.


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February 13, 2015, 12:27:25 PM



what rpice did you sell at? Or did you just deposit that?



bought @ 2-6 USD  sold @ around 650 USD on the way down   Embarrassed Smiley Roll Eyes

BOOM!  I think it's foolish not to buy at least a little now. Fiat on an exchange is good for nothing except buying coins. I hope you have some in cold storage cuz if that's all the BTC you have left, You're notgonna catch up to me unless there's a truly catastrophic crash.

Congrats, BTW. I wish I had sold more in the $600s but not as much as I wish I had bought more during the crashes.
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