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

[adamstgBit]

Shorting on the correction at 357.16.  Lost a few bucks yesterday after getting stopped out, hope to make it all back for Black Friday.

Ballsy! Good luck to you.

Closed at 352.17.  Whew...   

nice

Should've left it open

Hindsight is 20/20.   

i'm closing my short sell, pretty much after opening it lol

good way to start the day

big spike on chart, be selling for 1 hour, and be buying all day long  

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[adamstgBit]

342. Sweet!

[adamstgBit]

Crash incoming 

Crash already happened. This is where big guys take BTC from pigs.

[adamstgBit]

wow this is pretty sweet trading going on.

a wave up would be in order.

 

[peonminer]

Shorting on the correction at 357.16.  Lost a few bucks yesterday after getting stopped out, hope to make it all back for Black Friday.

Ballsy! Good luck to you.

Closed at 352.17.  Whew...   

nice

Should've left it open

Should is a verb it "should" not be used in trading. You simply ignore it. Take your profit and that's it. No should, I should have ... whatever.
 

right its always best to grab profits when you see.
who knows whats going to happen, but it's always a pretty good bet  you get a successful trade if your looking for 1-5%
you have to know where the market is going scalp accordingly and know then to dive into a monstrous short and get out with 10%
 
he really should have waited a bit, 333 is pretty darn likely in the next 48 hours.

Shorting on the correction at 357.16.  Lost a few bucks yesterday after getting stopped out, hope to make it all back for Black Friday.

Ballsy! Good luck to you.

Closed at 352.17.  Whew...   

nice

Should've left it open

Hindsight is 20/20.   

[Frost]

Crash incoming 

Crash already happened. This is where big guys take BTC from pigs.

This is not the bottom yet.

[DefendKebab]

Made front page of foxnews.com

Not there any more (unless you're talking about that shitty isis link article). Link?

ISIS parks its cash in Bitcoin, experts say
http://www.foxnews.com/tech/2015/11/25/isis-parks-its-cash-in-bitcoin-experts-say.html

Bullish

[oda.krell]

Much volatile ;D

Bitcoin giveth and Bitcoin taketh away

Mostly taketh away tho :(

Look, I get it, you're trying to re-frame the discourse and/or perception of the market. No idea why, but your behavior makes little sense otherwise.

However, may I suggest to start a bit smaller? Looks like you're trying to bite off more than you can chew with such claims. Let's take a look at the larger market picture:



That's the market on Bitstamp since April 2012. "Ancient history", you'll shout, but shush -- it was your idea to talk about the big picture, not mine.

So, realistically, you had about 1 year of time to buy at a "loss" compared to current prices, between Nov. 2013 and Nov. 2014. Buying at any other time means you're not in the red, and, in fact, made a profit (on paper, assuming you're long).

That's going by daily price. If we're more cautious, and instead use some smoothed-out price proxy, say the 200 day simple moving average as plotted above, then the picture still only slightly shifts, to around 13 months chance to buy at a loss (Nov 2013 to end of 2014).

What do we get then? As of now, the market (since mid-2012) gave you a chance of around 1 year of "investing at a loss" vs. 2 and a half years of "investing at a profit", by current (smoothed out) price.

However, that's not even including the pre-Bitstamp period. Let's say Bitcoin trading seriously began in May 2011, when volume (in USD) crossed the 1 million USD mark. Which means, looking at the market as a whole, we get: ~1 year buying at a loss vs. ~3 and a half years of buying at a profit.

Like I said, maybe rethink your strategy. In order to get the idea into peoples' heads that "the market mostly took away" from investors, you're going to need a much longer bear market than this. Try again in two years from now, if price is still making new lows by then -- but maybe don't hold your breath for that happening :)

[adamstgBit]

Crash incoming 

Crash already happened. This is where big guys take BTC from pigs.

This is not the bottom yet.

not bottom, This is where big guys take BTC from pigs.

[TReano]

quiet big rejection if it closes like that.

Don't want to be caught in a long right now...

[abercrombie]

Long at 342.6ish...   long and strong!  

[peonminer]

Long at 342.6ish...   long and strong!  

Damn son,

[abercrombie]

Long at 342.6ish...   long and strong!  

Where is the quote "Is crypto done"?  

Long from 323.5€ also.

Haha...

Closed out position.  Still not enuf for that iPad pro.   

[Sitarow]

[peonminer]

Master of Puppets is syncing to BTC charts right now.

[Dotto]

Meanwhile, two years ago today...

thats poetical

[Richy_T]

Meanwhile, two years ago today...

thats poetical

ATH was on the 29th so I'll run these every day until then.

[adamstgBit]

market looks and feels bullish  
some say its a bull market now but it feels like it hasn't really set in, poeple really expect to see 2xx again, and even most bulls think 2xx is possible, pretty soon we'll be sitting at 335 for a few days, and then, just continue on, never to return.


never



to




return



....never ever!


never say, never say never!

The price goes down,currently on Bitstamp is 341$.It looks like we're back to 300-330$,or pump is not finished yet?

Now the price is ~344$, i think this round isn't finished yet, but i agree that finally the price will likely return to 325 +/- 15$ as it was before.

325 +/- 15$ as it was is no more.

people need to wake up

[ssmc2]

Meanwhile, two years ago today...

thats poetical

ATH was on the 29th so I'll run these every day until then.

We'll be there again soon enough 

[Andre#]

Much volatile

Bitcoin giveth and Bitcoin taketh away

Mostly taketh away tho

Look, I get it, you're trying to re-frame the discourse and/or perception of the market. No idea why, but your behavior makes little sense otherwise.

However, may I suggest to start a bit smaller? Looks like you're trying to bite off more than you can chew with such claims. Let's take a look at the larger market picture:



That's the market on Bitstamp since April 2012. "Ancient history", you'll shout, but shush -- it was your idea to talk about the big picture, not mine.

So, realistically, you had about 1 year of time to buy at a "loss" compared to current prices, between Nov. 2013 and Nov. 2014. Buying at any other time means you're not in the red, and, in fact, made a profit (on paper, assuming you're long).

That's going by daily price. If we're more cautious, and instead use some smoothed-out price proxy, say the 200 day simple moving average as plotted above, then the picture still only slightly shifts, to around 13 months chance to buy at a loss (Nov 2013 to end of 2014).

What do we get then? As of now, the market (since mid-2012) gave you a chance of around 1 year of "investing at a loss" vs. 2 and a half years of "investing at a profit", by current (smoothed out) price.

However, that's not even including the pre-Bitstamp period. Let's say Bitcoin trading seriously began in May 2011, when volume (in USD) crossed the 1 million USD mark. Which means, looking at the market as a whole, we get: ~1 year buying at a loss vs. ~3 and a half years of buying at a profit.

Like I said, maybe rethink your strategy. In order to get the idea into peoples' heads that "the market mostly took away" from investors, you're going to need a much longer bear market than this. Try again in two years from now, if price is still making new lows by then -- but maybe don't hold your breath for that happening

^This