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

[ChartBuddy]

Coin
Explanation

[bitards]

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.

-hardest known material with industrial application plus shiny for jewelry ... people do still get married yknow ... they have gained in value ... though not rapidly and not recently ... less than 1% of net ...
-bonds have made me money as well roughly 0.5% - 1% a year ... safe easy money i don't need to pay any attention to ... make up 1-2% of net ...
-guns is more of a collection ... some would count as antique art ... the others serve to protect the physical metals and yknow ... my person ... cops won't help you in a home invasion ... have you ever had a gun held to your head ? ... i have ... so i consider them money well spent ... the value of firearms have actually increased quite a bit as material costs have gone up and manufacturers jack the prices up accordingly ... maybe 2% of net
-my exxon stock has split 4 times since i've owned it and gained in value double digit %s as well ... exxon is last i checked the largest global petrochemical / energy company in the world ... not just oil ... large industrial infrastructure extremely different from ENRON which was basically an improperly (illegally) run futures trading market ... actually exxon and enron couldn't be much more different ... it has done very well so well i rarely check it ... 5% of net
... 15%fiat/btc never greater than 10:1 cash:btc ... 1% diamond 1% bond 2% gun 5% exxon 5% gold/silver ... with the remaining 70ish% real estate (which has tripled since grabbing all of that after us real estate bubble burst in 08/09) ... i'm doing just fine with my almost all solid physical conservative investments ... don't you worry about me ... i'm at low %s on the slow stuff ... low %s on the speculative ... mostly real estate and well timed ... but seriously i wish you luck if you've got more than 50% of your money tied up in a speculative ledger currency that has established the bulk of it's value in the last couple of years ... don't take your eyes off the screen ...

Having a bit of FIAT : OK
Real estate after a crash : OK
But please, don't advice people to buy things like diamonds, guns, bonds and stocks... please, this is ridiculous and terrible advice.

If people want to diversify, they can buy some gold and silver when it's low.

It is typical for a btc holder to advise buying silver.  Silver had a bubble, crashed back to its reasonable value a few years ago, and has been there ever since.  Money bought in on the way down, similar to btc is now sitting there waiting, aka holding forever.  The only difference is silver is time tested so one day it will go up, btc is not.

bullshiat .. this shows your total complete ignorance on the subject. there never was a bubble and it never crashed. it was manipulated lower for reasons likely beyond your IQ level to understand .

Coming from someone who thinks stocks are for idiots, I am pretty sure I understand finance better than you ever will.

[GaliX]

Technical pump over, back to reality.

[xingming]

What is the best strategy now buy or sell ?

[Fatov]

What is the break point? 254$ ?
Thanks

[Newar]

What is the break point? 254$ ?
Thanks

~270

[GaliX]

What is the best strategy now buy or sell ?

best would have been: closed long at 250 and short a bit above it.

As said. In the end nothing changed in Bitcoin. This pump was mainly created by pure day-trader caused by technical signals.

Daytraders don't bring value to the market in the end. I guess this will retrace like it did at the Coinbase pump...

[shmadz]

Technical pump over, back to reality.

Hmmmm ,, so theoretically, if someone had opened a short position at, oh let's say, 249.60...

What would be the target to close said position?

Theoretically, of course.  

 

[JimboToronto]

Good morning Bitcoinland. Another small step up and forward I see.

Happy Valentine's Day for those with any love (or lust) in their hearts, bulls and bears alike.

[12345mm]

holy shit what is that bull doing with the bear ?!?!

[xingming]

What is the best strategy now buy or sell ?

best would have been: closed long at 250 and short a bit above it.

As said. In the end nothing changed in Bitcoin. This pump was mainly created by pure day-trader caused by technical signals.

Daytraders don't bring value to the market in the end. I guess this will retrace like it did at the Coinbase pump...

Ah thanks , I can say the best strategy now is keep sell all my coins until the pump ends they buy again

[GaliX]

Technical pump over, back to reality.

Hmmmm ,, so theoretically, if someone had opened a short position at, oh let's say, 249.60...

What would be the target to close said position?

Theoretically, of course.  

 

would say something above 240 and look for another short at the bounce maybe even a long at 240 and look if the bounce has more power the maybe even get to a new high.. nobody knows

[inca]

What is the best strategy now buy or sell ?

best would have been: closed long at 250 and short a bit above it.

As said. In the end nothing changed in Bitcoin. This pump was mainly created by pure day-trader caused by technical signals.

Daytraders don't bring value to the market in the end. I guess this will retrace like it did at the Coinbase pump...

Attention..book talker detected!

[JimboToronto]

holy shit what is that bull doing with the bear ?!?!

A little trans-species lovin' in honor of Valentine's Day.  

Nature knows no bounds.

http://www.bbc.com/earth/story/20141117-why-seals-have-sex-with-penguins

 

[GreekGeek]

holy shit what is that bull doing with the bear ?!?!

A little trans-species lovin' in honor of Valentine's Day.  

Nature knows no bounds.

http://www.bbc.com/earth/story/20141117-why-seals-have-sex-with-penguins

 

"Seals have capacity for learning - we know this from their foraging behaviour for example," explained de Bruyn.
So male seals may see each other coercing penguins, then attempt it themselves.
That might explain why the number of incidents appears to be increasing. "I genuinely think the behaviour is increasing in frequency."

bubble mode   

[12345mm]

looks like that penguin got wrecked 

[aztecminer]

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.

-hardest known material with industrial application plus shiny for jewelry ... people do still get married yknow ... they have gained in value ... though not rapidly and not recently ... less than 1% of net ...
-bonds have made me money as well roughly 0.5% - 1% a year ... safe easy money i don't need to pay any attention to ... make up 1-2% of net ...
-guns is more of a collection ... some would count as antique art ... the others serve to protect the physical metals and yknow ... my person ... cops won't help you in a home invasion ... have you ever had a gun held to your head ? ... i have ... so i consider them money well spent ... the value of firearms have actually increased quite a bit as material costs have gone up and manufacturers jack the prices up accordingly ... maybe 2% of net
-my exxon stock has split 4 times since i've owned it and gained in value double digit %s as well ... exxon is last i checked the largest global petrochemical / energy company in the world ... not just oil ... large industrial infrastructure extremely different from ENRON which was basically an improperly (illegally) run futures trading market ... actually exxon and enron couldn't be much more different ... it has done very well so well i rarely check it ... 5% of net
... 15%fiat/btc never greater than 10:1 cash:btc ... 1% diamond 1% bond 2% gun 5% exxon 5% gold/silver ... with the remaining 70ish% real estate (which has tripled since grabbing all of that after us real estate bubble burst in 08/09) ... i'm doing just fine with my almost all solid physical conservative investments ... don't you worry about me ... i'm at low %s on the slow stuff ... low %s on the speculative ... mostly real estate and well timed ... but seriously i wish you luck if you've got more than 50% of your money tied up in a speculative ledger currency that has established the bulk of it's value in the last couple of years ... don't take your eyes off the screen ...

Having a bit of FIAT : OK
Real estate after a crash : OK
But please, don't advice people to buy things like diamonds, guns, bonds and stocks... please, this is ridiculous and terrible advice.

If people want to diversify, they can buy some gold and silver when it's low.

It is typical for a btc holder to advise buying silver.  Silver had a bubble, crashed back to its reasonable value a few years ago, and has been there ever since.  Money bought in on the way down, similar to btc is now sitting there waiting, aka holding forever.  The only difference is silver is time tested so one day it will go up, btc is not.

bullshiat .. this shows your total complete ignorance on the subject. there never was a bubble and it never crashed. it was manipulated lower for reasons likely beyond your IQ level to understand .

Coming from someone who thinks stocks are for idiots, I am pretty sure I understand finance better than you ever will.

stock market is a bubble of easy QE money that will burst and you gonna be left holding the bag.

[starfishi]

holy shit what is that bull doing with the bear ?!?!

A little trans-species lovin' in honor of Valentine's Day.  

Nature knows no bounds.

http://www.bbc.com/earth/story/20141117-why-seals-have-sex-with-penguins

 

Love ? Thats rape !

[ChartBuddy]

Coin
Explanation

[JimboToronto]

holy shit what is that bull doing with the bear ?!?!

A little trans-species lovin' in honor of Valentine's Day.  

Nature knows no bounds.

http://www.bbc.com/earth/story/20141117-why-seals-have-sex-with-penguins

 

Love ? Thats rape !

Which? The bull and the bear or the seal and the penguin?