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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 26363857 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.)
owlbear
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December 16, 2013, 03:05:32 PM
 #61901

I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.

To da moon? Anyone? Damn it.
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seleme
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December 16, 2013, 03:06:25 PM
 #61902

If there's anything in China rumour, it would be on 3500 yuans til now.
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December 16, 2013, 03:06:32 PM
 #61903

I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.

To da moon? Anyone? Damn it.

Hey, people on wall street would kill for a few percent profit. You're not getting even a "full" procent at your local bank with your savings account. Be happy! You made a successful trade!
joburgtaxi
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December 16, 2013, 03:06:59 PM
 #61904



Sorry for my ignorance but what does this chart actually mean?
crazy_rabbit
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December 16, 2013, 03:08:36 PM
 #61905



Sorry for my ignorance but what does this chart actually mean?

From here it looks a massive wall of cash just waiting for the price to get low enough to wash like a tusnami up the charts. Or at least I hope so.
seleme
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December 16, 2013, 03:08:38 PM
 #61906



Sorry for my ignorance but what does this chart actually mean?

Asks and bids depth on MtGox portrayed on extremely confusing and stupid artistic way.
Spaceman_Spiff
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December 16, 2013, 03:09:02 PM
 #61907



Sorry for my ignorance but what does this chart actually mean?
Shouldn't we make a sticky out of the answer to this question?  
spooderman
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December 16, 2013, 03:13:56 PM
 #61908



Sorry for my ignorance but what does this chart actually mean?
Shouldn't we make a sticky out of the answer to this question?  

yes you should
Vigil
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December 16, 2013, 03:16:27 PM
 #61909



Sorry for my ignorance but what does this chart actually mean?
Nothing, which is why I have it ignored.
adamstgBit
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December 16, 2013, 03:18:40 PM
 #61910



Sorry for my ignorance but what does this chart actually mean?
Nothing, which is why I have it ignored.

it means alot.

its shows everyones bids and ask.

you should not focus solely on the bids and asks to do your trading, but it a useful piece of info.
Spaceman_Spiff
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December 16, 2013, 03:19:16 PM
 #61911

Sorry for my ignorance but what does this chart actually mean?
Shouldn't we make a sticky out of the answer to this question?  

yes you should
adamstgBit
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December 16, 2013, 03:19:26 PM
 #61912

so wow that drop

i guess bitmovements really is always right  Wink
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December 16, 2013, 03:19:28 PM
 #61913



Sorry for my ignorance but what does this chart actually mean?
Nothing, which is why I have it ignored.

it means alot.

its shows everyones bids and ask.

you should not focus solely on the bids and asks to do your trading, but it a useful piece of info.

You could see it on many other places in some normal, not fancy-confusing way. Ignored for months Cheesy
Nemo1024
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December 16, 2013, 03:19:48 PM
 #61914

1.947 BTC profit after covering my previous losses. Had a couple of near-botched trades on these waves, but managed to recover.

Now I am going to be a disciplined guy and transfer this profit from the exchange and to cold storage.

My current strategy is to trade with a fixed BTC sum. Once I am over it, the excess gets transferred out until both sums are in balance, at which point, I will increase my trading threshold a little.
adamstgBit
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December 16, 2013, 03:22:00 PM
 #61915



Sorry for my ignorance but what does this chart actually mean?
Nothing, which is why I have it ignored.

it means alot.

its shows everyones bids and ask.

you should not focus solely on the bids and asks to do your trading, but it a useful piece of info.

You could see it on many other places in some normal, not fancy-confusing way. Ignored for months Cheesy

this chart is for the pros

its not at all confusing when you understand this bid/ask sum, charts.
owlbear
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December 16, 2013, 03:22:06 PM
 #61916

I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.

To da moon? Anyone? Damn it.

Hey, people on wall street would kill for a few percent profit. You're not getting even a "full" procent at your local bank with your savings account. Be happy! You made a successful trade!

Thanks, it already feels a little better. Full BTC has been a decent position historically, so let's say I just made a few percent gain on my future millions. Cheesy
Vigil
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December 16, 2013, 03:24:32 PM
 #61917

I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.

To da moon? Anyone? Damn it.

Hey, people on wall street would kill for a few percent profit. You're not getting even a "full" procent at your local bank with your savings account. Be happy! You made a successful trade!

Thanks, it already feels a little better. Full BTC has been a decent position historically, so let's say I just made a few percent gain on my future millions. Cheesy
Only, if you are trading on Gox you actually lose money even on a few percent gains. I still haven't figured out how that works.
crazy_rabbit
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December 16, 2013, 03:25:50 PM
 #61918

1.947 BTC profit after covering my previous losses. Had a couple of near-botched trades on these waves, but managed to recover.

Now I am going to be a disciplined guy and transfer this profit from the exchange and to cold storage.

My current strategy is to trade with a fixed BTC sum. Once I am over it, the excess gets transferred out until both sums are in balance, at which point, I will increase my trading threshold a little.

That's actually a good idea for me as well. I do most of my trading on Stamp (My volume there means I have lower fees) but it also means there can be quite a lot of slippage in price when trading. It's not really helpful to keep trading a growing pot as eventually you stop being able to buy/sell all of it at one good price.
mmitech
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December 16, 2013, 03:27:26 PM
 #61919

it is still early for me to buy back, maybe I will wait for 600-650 if this wont happen, than I will withdraw my cash Smiley , But I am still not convinced about going up, I think we will be testing the 600 today-tomorrow
adamstgBit
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December 16, 2013, 03:29:08 PM
 #61920

it is still early for me to buy back, maybe I will wait for 600-650 if this wont happen, than I will withdraw my cash Smiley , But I am still not convinced about going up, I think we will be testing the 600 today-tomorrow

600$ that way to low, everyone will panic sell into our bids  Grin
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