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

[LFC_Bitcoin]

if u plan on catching a pump u have to get the low and u will only have one chance

Yep! Weak hands (idiots) will follow the trend of selling after a 20 USD drop in price. Anybody with half a brain will be buying now. Buy on bad news, sell on good news, that logic has worked for traders for decades.
Personally I HODL but now is totally a good time for accumulating not selling.

[hdbuck]

[ChartBuddy]

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[natewelt]

if u plan on catching a pump u have to get the low and u will only have one chance

Yep! Weak hands (idiots) will follow the trend of selling after a 20 USD drop in price. Anybody with half a brain will be buying now. Buy on bad news, sell on good news, that logic has worked for traders for decades.
Personally I HODL but now is totally a good time for accumulating not selling.

I bought more under 262 yesterday. No way I'm selling after a huge panic sell event.

I will keep buying as long as it brings my average down. Right now my average is at 284. Started buying around 450 on the way down from the all-time high.

The reason I did not sell when we went above 300 was because I either want to make thousands of dollars or lose it all. I'm not in this thing to make a couple hundred bucks. I also believe in the system and want to use BTC for its intended purpose eventually.

[eerygarden]

if u plan on catching a pump u have to get the low and u will only have one chance

Yep! Weak hands (idiots) will follow the trend of selling after a 20 USD drop in price. Anybody with half a brain will be buying now. Buy on bad news, sell on good news, that logic has worked for traders for decades.
Personally I HODL but now is totally a good time for accumulating not selling.

I bought more under 262 yesterday. No way I'm selling after a huge panic sell event.

I will keep buying as long as it brings my average down. Right now my average is at 284. Started buying around 450 on the way down from the all-time high.

The reason I did not sell when we went above 300 was because I either want to make thousands of dollars or lose it all. I'm not in this thing to make a couple hundred bucks. I also believe in the system and want to use BTC for its intended purpose eventually.

Right on brother! (I cant pull off saying that in the real world)

I like your mentality and wish you luck. But... at what price does the value need to be before you are happy to use your coins for their intended purpose?

[natewelt]

if u plan on catching a pump u have to get the low and u will only have one chance

Yep! Weak hands (idiots) will follow the trend of selling after a 20 USD drop in price. Anybody with half a brain will be buying now. Buy on bad news, sell on good news, that logic has worked for traders for decades.
Personally I HODL but now is totally a good time for accumulating not selling.

I bought more under 262 yesterday. No way I'm selling after a huge panic sell event.

I will keep buying as long as it brings my average down. Right now my average is at 284. Started buying around 450 on the way down from the all-time high.

The reason I did not sell when we went above 300 was because I either want to make thousands of dollars or lose it all. I'm not in this thing to make a couple hundred bucks. I also believe in the system and want to use BTC for its intended purpose eventually.

Right on brother! (I cant pull off saying that in the real world)

I like your mentality and wish you luck. But... at what price does the value need to be before you are happy to use your coins for their intended purpose?

As long as I believe we can still make a new all-time high I don't think I will use any for commerce.  So maybe once we get back over 1,000 I'd sell a few, use a few for commerce, and hold a few. Something like that. But if I feel uncomfortable with the tech progression my plans can change quickly. So far I have held the course.

[JorgeStolfi]

Kraken says goodbye to New Yorkers too.

http://blog.kraken.com/post/126244351097/farewell-new-york

That only leaves Bitstamp out of the large Westernish exchanges who intend to apply.

What about itBit?  Has anyone tried to use it? 

What will Gemini have that itBit doesn't have?

[ImI]

Kraken says goodbye to New Yorkers too.

http://blog.kraken.com/post/126244351097/farewell-new-york

That only leaves Bitstamp out of the large Westernish exchanges who intend to apply.

What about itBit?  Has anyone tried to use it? 

What will Gemini have that itBit doesn't have?

Publicity.

[gentlemand]

As long as I believe we can still make a new all-time high I don't think I will use any for commerce.  So maybe once we get back over 1,000 I'd sell a few, use a few for commerce, and hold a few. Something like that. But if I feel uncomfortable with the tech progression my plans can change quickly. So far I have held the course.

I spend and replenish when the opportunity arises. I'm not totally convinced that retail is really its eventual fate, but if everyone just sat on their coins waiting for them to go up then it'll wither before long.

[natewelt]

As long as I believe we can still make a new all-time high I don't think I will use any for commerce.  So maybe once we get back over 1,000 I'd sell a few, use a few for commerce, and hold a few. Something like that. But if I feel uncomfortable with the tech progression my plans can change quickly. So far I have held the course.

I spend and replenish when the opportunity arises. I'm not totally convinced that retail is really its eventual fate, but if everyone just sat on their coins waiting for them to go up then it'll wither before long.

I agree and feel a little guilty for not using my coins for commerce. But then again, I'm not convinced in the system yet and it is my money so I will do what I see best. I've only been accumulating a little here and there not because I don't have enough fiat to exchange, but because I am allowing myself to grow more comfortable before making significant bets.

If and when I make my first purchase of goods/services through Bitcoin I'll be sure to post to the forum my experience.

[ChartBuddy]

Coin
Explanation

[eerygarden]

He returns!

How is it other gay porn gets deleted within minutes, but this JimboToronto is allowed to post lewd and suggestive pictures of himself in a fursuit?
How unfair is that?
Mods?

Touchez

[Erdogan]

As long as I believe we can still make a new all-time high I don't think I will use any for commerce.  So maybe once we get back over 1,000 I'd sell a few, use a few for commerce, and hold a few. Something like that. But if I feel uncomfortable with the tech progression my plans can change quickly. So far I have held the course.

I spend and replenish when the opportunity arises. I'm not totally convinced that retail is really its eventual fate, but if everyone just sat on their coins waiting for them to go up then it'll wither before long.

I agree and feel a little guilty for not using my coins for commerce. But then again, I'm not convinced in the system yet and it is my money so I will do what I see best. I've only been accumulating a little here and there not because I don't have enough fiat to exchange, but because I am allowing myself to grow more comfortable before making significant bets.

If and when I make my first purchase of goods/services through Bitcoin I'll be sure to post to the forum my experience.

If you have made purchases on a few different internet sites, try some purchases using bitcoin (and replenish your stash). You will feel the difference, and your belief in bitcoins future will be boosted.

[ChartBuddy]

Coin
Explanation

[Fatman3001]

As long as I believe we can still make a new all-time high I don't think I will use any for commerce.  So maybe once we get back over 1,000 I'd sell a few, use a few for commerce, and hold a few. Something like that. But if I feel uncomfortable with the tech progression my plans can change quickly. So far I have held the course.

I spend and replenish when the opportunity arises. I'm not totally convinced that retail is really its eventual fate, but if everyone just sat on their coins waiting for them to go up then it'll wither before long.

I agree and feel a little guilty for not using my coins for commerce. But then again, I'm not convinced in the system yet and it is my money so I will do what I see best. I've only been accumulating a little here and there not because I don't have enough fiat to exchange, but because I am allowing myself to grow more comfortable before making significant bets.

If and when I make my first purchase of goods/services through Bitcoin I'll be sure to post to the forum my experience.

If you have made purchases on a few different internet sites, try some purchases using bitcoin (and replenish your stash). You will feel the difference, and your belief in bitcoins future will be boosted.

Especially when your confirmation is delayed and you realize that you can't just send an e-mail to paypal.

[TerraMaster]

Until bitcoin can be used at the grocery store or at the gas pump its not going to get too far anytime soon. People buying/mining and holding surely isn't going to help its value. So I look for more of the same as we have seen the past year or so.

Not to say some new found value for the block chain could potentially boost price or another larger economic collapse,,, but would have to be much bigger than Greece and in a more technically advanced place like the U.S. economy collapsing, or China ..... Germany etc.

Glad to see BTC still fighting back this morning

[ImI]

Until bitcoin can be used at the grocery store or at the gas pump its not going to get too far anytime soon. People buying/mining and holding surely isn't going to help its value. So I look for more of the same as we have seen the past year or so.

Not to say some new found value for the block chain could potentially boost price or another larger economic collapse,,, but would have to be much bigger than Greece and in a more technically advanced place like the U.S. economy collapsing, or China ..... Germany etc.

Glad to see BTC still fighting back this morning

if you see bitcoin being used at the gas pump and the grocery price would already be in the thousands.

[Alley]

Until bitcoin can be used at the grocery store or at the gas pump its not going to get too far anytime soon. People buying/mining and holding surely isn't going to help its value. So I look for more of the same as we have seen the past year or so.

Not to say some new found value for the block chain could potentially boost price or another larger economic collapse,,, but would have to be much bigger than Greece and in a more technically advanced place like the U.S. economy collapsing, or China ..... Germany etc.

Glad to see BTC still fighting back this morning

if you see bitcoin being used at the gas pump and the grocery price would already be in the thousands.

Not necessarily.  There first has to be a reason for people to take the extra step to buy bitcoin then go to the gas station.  Rather then just to go the gas station.

[Morecoin Freeman]

BIG BUYS

[ChartBuddy]

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