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

[12345mm]

WTF Huobi on 'wisdom?  Lost its shit.

Any moves on weekend are suspicious.

You know, most people are out and can't react.

yeah who gives a shit why at this point its gone down so long so consistently those of us who have coin don't give a fuck if the exchanges books are cooked temporarily shutdown intentionally data blocked "fractional reserve" traded fucking willy bot fake buy that shit for all we care ... the world is corrupt so why not btc too ... fucking cook it

[GreekGeek]

looks like there is still plenty of cash in the sidelines

[marcus_of_augustus]

looks like there is still plenty of cash in the sidelines

sounds familiar, probably last time we will see sub-230 ... ever.

[12345mm]

looks like there is still plenty of cash in the sidelines

i'm personally 10:1 / cash:btc which is my maximum risk level in i'm willing to go ... nice to have scraped the latest bottom but no way i'm putting more in at this point ... just watching the gains now and looking for the eventual cliff dive ... hoping for sunshine preparing for rain ...

[shmadz]

looks like there is still plenty of cash in the sidelines

i'm personally 10:1 / cash:btc which is my maximum risk level in i'm willing to go ... nice to have scraped the latest bottom but no way i'm putting more in at this point ... just watching the gains now and looking for the eventual cliff dive ... hoping for sunshine preparing for rain ...

Interesting.

I'm the opposite, ten to one bitcoin to fiat.

One man's risk is another's safe haven I suppose.

[spooderman]

Ok, I think I've finally learnt my lesson and barely got excited by this.

[inca]

This is great, ~250 and shorters still trying..18k on finex. If we jump a bit higher they will begin to capitulate and we could glide over 300 and hold it. Throughout most of 2014 short interest was 5 to 10k..

[ChartBuddy]

Coin
Explanation

[GreekGeek]

squeeze dem bears !!!!

[12345mm]

looks like there is still plenty of cash in the sidelines

i'm personally 10:1 / cash:btc which is my maximum risk level in i'm willing to go ... nice to have scraped the latest bottom but no way i'm putting more in at this point ... just watching the gains now and looking for the eventual cliff dive ... hoping for sunshine preparing for rain ...

Interesting.

I'm the opposite, ten to one bitcoin to fiat.

One man's risk is another's safe haven I suppose.

Yeah I'm comfortable at this point pretty much ... good buy in price vs where we are right now ... it'd have to rock pretty hard down now for me to lose out ... i've been 10:1 - 20:1 or 100% fiat for most/all of this last years bear market so I'm pretty damned good at not *losing* lots of money ... seems nuts to me to put 90% eggs in one basket but hey you'll win a lambo i'll win a honda if we're both right and it keeps rocking up from here forward ... so i'm gaining enough for me and wish you luck ... you need it more than me ... 250 seems a natural # to attempt to hold it at for the next week or two perhaps ... there or backwards to the lower 2s ... also btw bitcoin is not where all my investment dollars are tied up in by a long shot ... real estate gold silver diamonds guns bonds and exxon stock make up the rest of my "portfolio" at this point ...

[inca]

Any TA gurus want to post some downtrend breaking targets? I have about 285.

[el_rlee]

looks like there is still plenty of cash in the sidelines

i'm personally 10:1 / cash:btc which is my maximum risk level in i'm willing to go ... nice to have scraped the latest bottom but no way i'm putting more in at this point ... just watching the gains now and looking for the eventual cliff dive ... hoping for sunshine preparing for rain ...

Interesting.

I'm the opposite, ten to one bitcoin to fiat.

One man's risk is another's safe haven I suppose.

I would say the US dollar is one of the worst places to park your wealth, I am sure many in this forum agree. What about some gold and silver?
By the way, what taxes do you have to pay in the US when you buy silver? It's the full VAT in EU, so 20% in my case 

[GreekGeek]

I would say the US dollar is one of the worst places to park your wealth, I am sure many in this forum agree. What about some gold and silver?
By the way, what taxes do you have to pay in the US when you buy silver? It's the full VAT in EU, so 20% in my case 

how about gold , do you pay VAT for golden coins,
here in Greece you buy them from the bank  no VAT  but the spread is like 50 EUR

[12345mm]

looks like there is still plenty of cash in the sidelines

i'm personally 10:1 / cash:btc which is my maximum risk level in i'm willing to go ... nice to have scraped the latest bottom but no way i'm putting more in at this point ... just watching the gains now and looking for the eventual cliff dive ... hoping for sunshine preparing for rain ...

Interesting.

I'm the opposite, ten to one bitcoin to fiat.

One man's risk is another's safe haven I suppose.

I would say the US dollar is one of the worst places to park your wealth, I am sure many in this forum agree. What about some gold and silver?
By the way, what taxes do you have to pay in the US when you buy silver? It's the full VAT in EU, so 20% in my case  

I certainly do not have most of my wealth in usd ... maybe i was not really clear with 10:1 - 20:1 - all fiat as my cash/btc balance ... fiat/btc makes up less than 15% of my net ... with basically the last year spent shielding myself from losses in btc by being mostly/all fiat switching in and out as seemed appropriate to do ... the rest is tied up in real estate gold silver diamonds guns bonds and exxon stock ... overall btc makes up like 2-3% of my net ... it's obviously highly speculative so ... yeah ... that's a good conservative ratio for me ... i'll not be getting extremely wealthy from btc but i'll not be losing my ass either ...

[lolled]

I wake up and see the price at 250. What an awesome price to wake up to

[ChartBuddy]

Coin
Explanation

[shmadz]

looks like there is still plenty of cash in the sidelines

i'm personally 10:1 / cash:btc which is my maximum risk level in i'm willing to go ... nice to have scraped the latest bottom but no way i'm putting more in at this point ... just watching the gains now and looking for the eventual cliff dive ... hoping for sunshine preparing for rain ...

Interesting.

I'm the opposite, ten to one bitcoin to fiat.

One man's risk is another's safe haven I suppose.

I would say the US dollar is one of the worst places to park your wealth, I am sure many in this forum agree. What about some gold and silver?
By the way, what taxes do you have to pay in the US when you buy silver? It's the full VAT in EU, so 20% in my case  

Oh yeah, I've got some metals of course, though I'm underwater on my silver, but the paladium I picked up is doing very well.

Not sure about the U.S., but in Canada there is no tax on precious metals.

I should clarify also, it's not like I started out being ten to one invested into bitcoin, but like anyone else that's been around for a while,  your investment ratio changes radically over time.

Still, I don't look at bitcoin as what is generally considered "real money" at this point. To me, it's just some numbers in a distributed ledger that may or may not have value in the future.

[el_rlee]

diamonds guns bonds and exxon stock ...

Really? I mean, really really?

Diamonds? Man.
Bonds? Excuse me.
Guns? What an investment is that?
Exxon stock? How about some ENRON? Heard they did great in the past.

[600watt]

squeeze dem bears !!!!

i assume you bought back yesterday? (i did and i think we will see a peak above 350 within two weeks. maybe even beyond 400. then it will come back to the 300 level in about 4 weeks  )

[billyjoeallen]

Is this another dead cat bounce

well, no.