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

[ErisDiscordia]

Well, we've already had a little back and forth in respect to some of the government-related discussions, so surely such a topic could come up again... if we were to choose to engage.

But regarding your hodl strategy.   Your registration date for this forum account is March 2013.    That's a long time to hodl?  Would you also accumulate a bit more BTC, or does your personal financial or cashflow situation make accumulation of more BTC less than practicable.

For example, with me, through my two years of accumulating bitcoin, I have been buying with whatever spare fiat that I have and even allocating a budget and a plan for how much BTC I am authorizing myself to buy for any given planned period.

I only recently started trading (since about October, when the price crossed over $250 for about the 5th time)... and trading has certainly opened up some new perspectives for me.... even though I started plotting out some of my trading plans in August and September  (and initially allocating about less 1% of my total BTC holdings for trading, and then as the BTC price continued to rise, my allocation percentage of BTC trading continued to rise too (but probably still quite less than 10% of my total BTC holdings). 

The actual application of the trading  plans (rather than the theory) have caused me to have to tweak my practices quite a bit and even figure out some strategies for considering making my practice comfortable for me and my situation.

Anyhow, I am just thinking that many long term hodlers are also accumulating additional BTC at certain price points, at minimum.

well let's just say that my situation in early 2013 was much more favorable to accumulation of btc than it is now due to much lower prices of btc coupled with a higher availability of $ at my side 

now with my available $ and the current prices of btc I don't even bother buying, because it would change my position by...not very much at all.

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[ChartBuddy]

Coin



Explanation

[r0ach]

Ahhhhhhhhhhhhhhh

Down a bit. Much better. Isn't it much more fun to have a crazy ass market that can go down 30bbucks in 6 hours without any fucking reason? 

That's why btc can't be used in a global and daily way. But that's also why it's so cool and fun to invest in.

So we can't use fiat either because the Swiss franc went up 30% in one day and caused millions of dollars in loses for people?

http://www.wsj.com/articles/swiss-franc-move-cripples-currency-brokers-1421371654

[acquafredda]

Come on we could have been down by 50/100$ considering the past! This small dump is chocolate compared.
The real question is whether the 400$ price will hold or not: that concern me, nothing else.

[medialab101]

What is Coinsetter and why is the price currently USD $495? 

[flagpara]

Ahhhhhhhhhhhhhhh

Down a bit. Much better. Isn't it much more fun to have a crazy ass market that can go down 30bbucks in 6 hours without any fucking reason? 

That's why btc can't be used in a global and daily way. But that's also why it's so cool and fun to invest in.

So we can't use fiat either because the Swiss franc went up 30% in one day and caused millions of dollars in loses for people?

http://www.wsj.com/articles/swiss-franc-move-cripples-currency-brokers-1421371654

Well it means if you have the choice you'll always use a more reliable currency.
Swiss franc rise was a huge shock for the market. It's the consequence of a sudden decision of the European bank nothing else. It was exceptional, unexpected and a good counter example but happens maybe once every few years on the whole continent.

Whereas BTC up and down happen continuously and without any reason 
The rises and downs have no explanation, it just... Happens xD

That's why it's always funny to see people trying to guess the next move!

[ChartBuddy]

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Explanation

[TERA]

Long closed, cuz sleep. $1500 profit.

[flagpara]

Long closed, cuz sleep. $1600 profit.

GG
I wish I had more to invest when I bought at 325. "Only" 500$ profit here, but I sold at 450, didn't want to take the risk to go down.

Now let's take our breath. It's too risky to open anything right now I'd say, it needs to move a bit in order to be able to predict anything (while praying satan cause you never know if you're right concerning btc)

[wachtwoord]

Ahhhhhhhhhhhhhhh

Down a bit. Much better. Isn't it much more fun to have a crazy ass market that can go down 30bbucks in 6 hours without any fucking reason? 

That's why btc can't be used in a global and daily way. But that's also why it's so cool and fun to invest in.

So we can't use fiat either because the Swiss franc went up 30% in one day and caused millions of dollars in loses for people?

http://www.wsj.com/articles/swiss-franc-move-cripples-currency-brokers-1421371654

Well it means if you have the choice you'll always use a more reliable currency.
Swiss franc rise was a huge shock for the market. It's the consequence of a sudden decision of the European bank nothing else. It was exceptional, unexpected and a good counter example but happens maybe once every few years on the whole continent.

Whereas BTC up and down happen continuously and without any reason 
The rises and downs have no explanation, it just... Happens xD

That's why it's always funny to see people trying to guess the next move!

It wasnt sudden but well prepared. Well-conmected people made a shit ton of money on that one.

[flagpara]

Ahhhhhhhhhhhhhhh

Down a bit. Much better. Isn't it much more fun to have a crazy ass market that can go down 30bbucks in 6 hours without any fucking reason? 

That's why btc can't be used in a global and daily way. But that's also why it's so cool and fun to invest in.

So we can't use fiat either because the Swiss franc went up 30% in one day and caused millions of dollars in loses for people?

http://www.wsj.com/articles/swiss-franc-move-cripples-currency-brokers-1421371654

Well it means if you have the choice you'll always use a more reliable currency.
Swiss franc rise was a huge shock for the market. It's the consequence of a sudden decision of the European bank nothing else. It was exceptional, unexpected and a good counter example but happens maybe once every few years on the whole continent.

Whereas BTC up and down happen continuously and without any reason 
The rises and downs have no explanation, it just... Happens xD

That's why it's always funny to see people trying to guess the next move!

It wasnt sudden but well prepared. Well-connected people made a shit ton of money on that one.

So you say. I'm not saying you're wrong though. It's probably true cause I don't see any reason for such an announcement to be made so suddenly, without letting the people and companies some time to adapt.
But I'm still not too sure. There is no proof of your accusation and the rise of the Swiss currency didn't lead to a massive bought 5 seconds after the announcement, it took time for everyone to realize so i don't think there was a hidden company corrupting the European bank behind it.

Unless it was a much longer term operation and some well connected people/organization had bought billions of Swiss francs the year before, but on a long investment so nobody can link them to it.

Anyway, conspiracy conspiracy... I like it 

[criptix]

People struggling to access coins from 2011... bullish  

he's running an XT node, may as well just send them straight to Uncle Sam now and be done with all the other formalities and hassle ... lol.

I don't have a choice. There's no other BIP101 implementation and it's the only way I can vote for bigger blocks except for dumping my stash and you don't want me to do that, do you?

Yes please dump it all. Every last single satoshi. You would be my hero of 2015

[Boxman90]

Now THAT'S a bulltrap - someone got swindled for 1k over at bitstamp, throwing it right into 450 for no reason.

[spooderman]

Long closed, cuz sleep. $1500 profit.

$1500 profit on a (if you timed it perfectly) $20 rise? therefore 75 bitcoins bought and sold? which is a presumably tiny % of your total stash?

motherofgod.png

[gotmilk_]

Stamp looks bullish! Some fresh fiat arrived or what? 

Long closed, cuz sleep. $1500 profit.

$1500 profit on a (if you timed it perfectly) $20 rise? therefore 75 bitcoins bought and sold? which is a presumably tiny % of your total stash?

motherofgod.png

With leverage you don't need 75btc.

[otto93]

Thanks for helping to keep the price high until I can get my old coins out of cold storage. The wallet.dat file is incompatible with the new version so I am having a difficult time accessing them. Any ideas?

What version do you need?

What year was it released in, was it 2011 or earlier?

I notice the old version qt binary downloads have been removed from sourceforge.

Pywallet is supposed to be good for extracting keys from wallet.dat files, but you need to install python to use it.

http://sourceforge.net/projects/pywallet/files/

There is also source code for old qt versions on github, but it needs compiling.

[ChartBuddy]

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Explanation

[crossabdd]

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Explanation

nice rate we will comeback to $500 above after correction rate 

[crossabdd]

[mladen00]

new pool Q:

price on 1.1.2016 00:01 UTC

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