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

[dave3k]

So who sodl below 500?

Gotta know when to hodl and when to fodl.

[Mirsad]

I can't believe I held on. I actually won over my less prudent self.

I think it helped to be on this forum. Holding out for another month.

No offense. But why hold? You could have sold @ 500-600 Euro (top was 900 Euro) and rebuy @ 320-350 Euro!
Much profit! So easy. Just place bids and wait for the panic sellers.

BTW:
We will go down at least 1 more! So don't cry if you rebuy now (after you sold below the actual price) and we drop again to a new low.

[iarsenaux]

I can't believe I held on. I actually won over my less prudent self.

I think it helped to be on this forum. Holding out for another month.

No offense. But why hold? You could have sold @ 500-600 Euro (top was 900 Euro) and rebuy @ 320-350 Euro!
Much profit! So easy. Just place bids and wait for the panic sellers.

BTW:
We will go down at least 1 more! So don't cry if you rebuy now (after you sold below the actual price) and we drop again to a new low.

I agree. Bitcoin will not be bitcoin anymore without the frequent ups and downs.

[fotosonics]

I can't believe I held on. I actually won over my less prudent self.

I think it helped to be on this forum. Holding out for another month.

No offense. But why hold? You could have sold @ 500-600 Euro (top was 900 Euro) and rebuy @ 320-350 Euro!
Much profit! So easy. Just place bids and wait for the panic sellers.

BTW:
We will go down at least 1 more! So don't cry if you rebuy now (after you sold below the actual price) and we drop again to a new low.

Agreed, but I still have to get last bit to 890 to make it all back :/

Let's all be good as godl

[DaRude]

I can't believe I held on. I actually won over my less prudent self.

I think it helped to be on this forum. Holding out for another month.

No offense. But why hold? You could have sold @ 500-600 Euro (top was 900 Euro) and rebuy @ 320-350 Euro!
Much profit! So easy. Just place bids and wait for the panic sellers.

BTW:
We will go down at least 1 more! So don't cry if you rebuy now (after you sold below the actual price) and we drop again to a new low.

Pffft yeah i'm sure everyone in here sold at 1242USd and rebought at 455. Easy 272% profit! Sure market lost billions in cap but i'm sure everyone is a winner here. Now please do tell us of your TA/magic ball predicting tops and bottoms. Personally i just held and rebought a bit

[jojo69]

so easy...lol

[mmitech]

you know that Bitcoin will skyrocket when there is so many bears here...

[Mirsad]

Pffft yeah i'm sure everyone in here sold at 1242USd and rebought at 455. Easy 272% profit! Sure market lost billions in cap but i'm sure everyone is a winner here. Now please do tell us of your TA/magic ball predicting tops and bottoms. Personally i just held and rebought a bit

First:

Read the news -> the sources
Don't give a fuck about bitcointalk speculation talk! -> 99% pigs with no clue
If you trade: trade with a strategie or a bot (with a self written algorithm)

I couldn't predict this bottom exactly. That's why my 200-300 Euro bid orders didn't get filled.
The top was fairly easy to guess (+/- 50 Euro).

My trades the last few days:
https://bitcointalk.org/index.php?topic=373181.msg4038895#msg4038895

A few were not really good, but overall the performance is ok.

Second:
Never go all-in or all-out! NEVER!
Don't buy in large chunks (compared to your portfolio) @ the same price
Be patient. Don't panic trade!

you know that Bitcoin will skyrocket when there is so many bears here...

Clever bears allready rebought.
Only stupid bulls turning to late bear are going to be buying in at a loss.

It's allways the same.. Dellusion and Fear...and Panic selling/buying.

[ChartBuddy]

[gizmoh]

New money coming on Stamp, in rally mode.
Meanwhile china is rallying painfully..like $80-$100 difference from stamp, that's worrying for the short term future..

[mmitech]

even with China without a cash flow into the exchange there is some progress, I would guess that the price should drop even more, but I think that the negative trend is done...

[MikeH]

well I 'guessed' we'd take a dive after 1200 before we reached it, sold at 1190 and I had a buy at 456 after the recent china news but I never follow through since it's not really based on anything - bought and sold many times during the drop reacting to crap on the forum and chart movement so didn't make much from it.

[Mirsad]

well I 'guessed' we'd take a dive after 1200 before we reached it, sold at 1190 and I had a buy at 456 after the recent china news but I never follow through since it's not really based on anything - bought and sold many times during the drop reacting to crap on the forum and chart movement so didn't make much from it.

Dont trade based on bitcointalk bullshit talk!

[MikeH]

Dont trade based on bitcointalk bullshit talk!

yeah I'm learning I'm better off tossing a coin to determine how I should trade.

[Kramerc]

well I 'guessed' we'd take a dive after 1200 before we reached it, sold at 1190 and I had a buy at 456 after the recent china news but I never follow through since it's not really based on anything - bought and sold many times during the drop reacting to crap on the forum and chart movement so didn't make much from it.

Dont trade based on bitcointalk bullshit talk!

I think that can be the biggest mistake one could possibly make, considering that posting on the forum is usually an emotional behaviour to different stimuli. I think you're better off not reading or maybe doing the exact opposite of the feelings you get while reading here, when trading.

[fotosonics]

"Finally, we have all seen the highs and lows of the price of bitcoins lately. Don't be alarmed by this. Fluctuations in price have been a reflection of uncertainty in China and will recover and stabilize with time. In the U.S. the authorities have taken a much kinder stance on Bitcoin, and investors have responded by beginning to enter the market. 2014 will be the year of Bitcoin as large investment firms begin entering the Bitcoin space en masse."

- email from Cloudhashing.com just now

[nanobrain]

Wow...isn't it quiet.
ANd the exchanges are the same...just bots trading among themselves
Guess this is what Christmas is going to be like...

[San1ty]

Wow...isn't it quiet.
ANd the exchanges are the same...just bots trading among themselves
Guess this is what Christmas is going to be like...

Should I change my bot to post on bitcointalk about it's trades?

[simonk83]

Smash that wall

[mmitech]

Bitstamp beating all exchanges only $20 less than Gox Mtgox, and look at that volume