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

[Vycid]

It's going down people, no need for denial

Yeah, whatever. Nobody's getting my coins.

[1715087837]

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[seleme]

BTC transactions are seriously joke.

[EuroTrash]

It's going down people, no need for denial

Yeah, whatever. Nobody's getting my coins.

Wait till fear sets in and makes you and me and someone else want to defrost their cold storage...

[macsga]

It's going down people, no need for denial

I really looked forward for a $868 double low before getting up again. I don't think it's gonna happen though  

[vdcc]

@ maz: Agree; but we may have a better chance off it than fiat.

Are you sure of that?

http://www.businessinsider.com/927-people-own-half-of-the-bitcoins-2013-12

What did you believed , that each of us will have 0.0x bitcoins and we could all be rich?
No more people starving , no more forests cut in the Amazon?

This ain't a tool to reach utopia and never was.

It's important to consider what kind of people those 927 individuals are, and how they're likely to spend their money.

To wit: are they more likely to steer the world in direction you'd like to see than today's global elite?

Besides, only about half of the total bitcoins are yet in circulation. Their holdings will be diluted and the coins will be better spread out going forward.

Who said that's a 927 people? That's a 927 wallets addresses, maybe owned by a 50-100 individuals, who knows?

[tutkarz]

It's going down people, no need for denial

Yeah, whatever. Nobody's getting my coins.

Wait till fear sets in and makes you and me and someone else want to defrost their cold storage...

what for? in few months you will regret this anyway.

[seleme]

some support building on 900 though.

[seleme]

A dead cat in a dead cat bounce? 

I guess so though I'm not the one kids will learn in school for making great btc/usd calls.

[gandhibt]

If you are trading bitcoins, one good approach is that you normally have 100% BTC (from your invested fiat) and if something happens like big up or down then you should have a clear plan what to do, short-term future becomes a lot more easy to predict when these major spikes appear first.

Forget about how much USD you have short-term, focus only to get more BTC, because longest trend is UP UP UP.

I have noticed that my biggest loses (BTC) come when I'm holding USD and waiting too long. Don't wait that the price falls.

Make a plan and stick to it when something happens.

[Vycid]

It's going down people, no need for denial

Yeah, whatever. Nobody's getting my coins.

Wait till fear sets in and makes you and me and someone else want to defrost their cold storage...

I don't believe for a moment that I can profit from trading in this market on a statistical basis. Everybody thinks that but half of them will lose money. Any edge from TA (and I don't consider myself an expert) is pretty much overwhelmed by the insane news cycle and whale action. Not to mention that trading fees essentially give you a negative expectation value for trading.

So no, I'm holding regardless of where we go with the exception of some play money if I feel like trading for fun. And if it truly craters then I'll rid myself of some more fiat.

No point in selling, really. If bitcoin succeeds then I'll spend my coins.

[macsga]

If you are trading bitcoins, one good approach is that you normally have 100% BTC (from your invested fiat) and if something happens like big up or down then you should have a clear plan what to do, short-term future becomes a lot more easy to predict when these major spikes appear first.

Forget about how much USD you have short-term, focus only to get more BTC, because longest trend is UP UP UP.

I have noticed that my biggest loses (BTC) come when I'm holding USD and waiting too long. Don't wait that the price falls.

Make a plan and stick to it when something happens.

+1

[gandhibt]

There's a strong support at 805-810 at stamp, I have a hard time believing it will break. But I'm not much of an fortuneteller.

[seleme]

Damn, Bitfinex not counting my deposit with 4 confirmations.

[macsga]

There's a strong support at 805-810 at stamp, I have a hard time believing it will break. But I'm not much of an fortuneteller.

OOhhhh THAT BITCOIN THIIIING... I FORESEE IT WILL GO TO DA MOON!!!

[Vycid]

There's a strong support at 805-810 at stamp, I have a hard time believing it will break. But I'm not much of an fortuneteller.

OOhhhh THAT BITCOIN THIIIING... I FORESEE IT WILL GO TO DA MOON!!!

[maz]

It's going down people, no need for denial

Yeah, whatever. Nobody's getting my coins.

It's nice to see you admit it for once, even if its through gritted teeth.

[gambitv]

Trust Me, This is the last chance for cheap coins. Buy Now.




Always sounds like a bunch of gangsters trying to talk up or down the price here. Just a few shining moments when Loaded makes an appearance and the odd sage words by a few others.

What about this article, seems to me, if you are touching bitcoins with your business in USA, are they implying you have to be registered as MSB?

US State Regulators: Bitcoin Businesses Aren’t Applying for Licenses (December 10, 2013 at 17:20 GMT )

[macsga]

AND I MEAN:

[gandhibt]

There's a strong support at 805-810 at stamp, I have a hard time believing it will break. But I'm not much of an fortuneteller.

OOhhhh THAT BITCOIN THIIIING... I FORESEE IT WILL GO TO DA MOON!!!

Well that much I can tell with absolute certainty.

[seleme]

seriously bitfinex, what the fuck are you doing to me???

Is there any fucking competent exchange out there...