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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 26373516 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.)
ChartBuddy
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March 15, 2015, 10:59:17 PM

Coin
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March 15, 2015, 11:03:17 PM

I dont margin trade and use obscure exchanges like bitfinex.

already did on bitfinex in 295 range few days ago...

LOL pwnage.
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March 15, 2015, 11:05:14 PM

good time to short.



Do it, jump on the OKCoin casino and go all in short 20x. Sure thing right?


already did on bitfinex in 295 range few days ago...

Surprised you still have coins to sell, been short all the way up  Wink

When you go short, don't you just borrow the coins? Shouldn't need any coins to sell.

Also, question for tarmi: don't you pay daily fee for holding an open position with your borrowed coins? After a "few days" doesn't that start to erode any profits you might make?

Lastly, don't you have to buy those coins back at some point to close your position? Why didn't you close already at 285 or lower? Are you that confident? That greedy? What is your target?

Yeah sure if you margin trade but tarmi doesn't ... apparently
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March 15, 2015, 11:05:31 PM

I dont margin trade and use obscure exchanges like bitfinex.

already did on bitfinex in 295 range few days ago...

LOL pwnage.

One of the many reason I have this clown on ignore. Cheesy
EsBitcoin.org
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March 15, 2015, 11:32:59 PM

...

...EDIT: how do I make small pictures?
it wasnt real, mtgoxbots are not working at this moment
michaelGedi
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March 15, 2015, 11:39:35 PM

numbers...


1 - cool

2 - not sure why you are not defining the downtrend as being from the ATH and all subsequent lower highs. If we do so then it is already broken. But you are quite right the price may not be going up any time soon..

3 - we can agree to disagree on this one

4 - Certainly not upset! I dont trade with leverage. When there are players stuffing 120,000,000 dollars into stealth startups, the majority of which work/own major silicon valley firms then I would suggest you are wrong Smiley. I think the price is heavily engineered or manipulated. But expecting the price to drop below 160 dollars from a high of 1200 seems a bit silly now.


2 - I have no idea either. My trading is based on other people's charts and my limited experience on exchanges since April 2013  Undecided ... but when talking to experienced traders and after reading Kahneman's "Thinking, Fast and Slow" it's clear that I'm probably just as better or worse off in my approach than most other traders anyways...

3 - Yes and no Smiley of course it could pop up, but I don't think the current news will necessarily affect price that way, and we are missing a sudden china involvement and a gox bot to give us the crazy momentum.

4 - it's so easy to read everything everyone says on here in the wrong voice in your (my) head Smiley I just don't see major investment into these unregulated exchanges happening right now just because there is all this "good news" and positive spin from WSJ etc. As bitcoiners we are acutely aware of every item of media attention, but I don't see the effects of the recent cascade of positive developments affecting price in the way that people imagine it might, just yet. It's still early days in terms of big investment and greater adoption. I imagine you'll still only get the odd risk taker actually putting a small portion of their capital onto coinbase (still not liquid enough) or some other random slovenian or hongkong/taiwan/anon exchange...
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March 15, 2015, 11:54:10 PM

numbers...


1 - cool

2 - not sure why you are not defining the downtrend as being from the ATH and all subsequent lower highs. If we do so then it is already broken. But you are quite right the price may not be going up any time soon..

3 - we can agree to disagree on this one

4 - Certainly not upset! I dont trade with leverage. When there are players stuffing 120,000,000 dollars into stealth startups, the majority of which work/own major silicon valley firms then I would suggest you are wrong Smiley. I think the price is heavily engineered or manipulated. But expecting the price to drop below 160 dollars from a high of 1200 seems a bit silly now.


My trading is based on other people's charts and my limited experience on exchanges since April 2013  Undecided

not sure what you guys were talking about, but this is really not a good basis for trading - actually it is a bad basis for everything ^^"
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March 15, 2015, 11:59:05 PM

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dreamspark
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March 16, 2015, 12:00:21 AM


4 - I just don't see major investment into these unregulated exchanges happening right now just because there is all this "good news" and positive spin from WSJ etc.

Good job we have Coinbase and the BIT GBTC then and Gemini on the way.
michaelGedi
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March 16, 2015, 12:05:19 AM


not sure what you guys were talking about, but this is really not a good basis for trading - actually it is a bad basis for everything ^^"

of course it's not a good basis, that would be ridiculous!!

don't worry about me man, I'm a pretty smart guy Cool



what you should worry about though, is your percieved notions of control over randomness. Skip to paragraph 10 for the lowdown.

http://www.standard.co.uk/lifestyle/london-life/the-thought-father-nobel-prizewinning-psychologist-daniel-kahneman-on-luck-9199162.html



on a related side note, have you fathomed how many people who "trade" bitcoin actually know what they are doing?
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March 16, 2015, 12:05:58 AM

Another Sunday down the tubes.

Nice to see a green candle on a Sunday, even if it's a short one.

michaelGedi
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March 16, 2015, 12:07:24 AM


4 - I just don't see major investment into these unregulated exchanges happening right now just because there is all this "good news" and positive spin from WSJ etc.

Good job we have Coinbase and the BIT GBTC then and Gemini on the way.

yeah, I'm just arguing that it's probably going to take a bit of time. I look forward to further developments Smiley
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March 16, 2015, 12:14:45 AM

Another Sunday down the tubes.

Nice to see a green candle on a Sunday, even if it's a short one.



Hear hear
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March 16, 2015, 12:29:50 AM

There's a wall in under 300$, let's see if we can cross it.



Filthy bitcoiners.

Watching the 3m on wisdom no doubt.
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March 16, 2015, 12:59:07 AM

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Cconvert2G36
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March 16, 2015, 01:12:16 AM

It lives.
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March 16, 2015, 01:18:40 AM

Did the 3D EMA cross over yet??

SkyValeey
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March 16, 2015, 01:29:23 AM

LFC
Are you dumb? Grin  Don't share pixelated big shitty pic!
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March 16, 2015, 01:34:54 AM

Are you dumb? Grin  Don't share pixelated big shitty pic!


LFC just deleted it... now it looks like you're talking about my pic  Cheesy
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March 16, 2015, 01:35:33 AM

Still half right.  Wink

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