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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373191 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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November 05, 2015, 02:01:19 AM

Coin

Explanation
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AZwarel
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November 05, 2015, 02:01:26 AM


$440 At most. And we will leave the $400's so don't hold for too long then.
My guesstimate target price is below $335 within 4 days from now.

Is there really any point in trying to guess anything in the near future? There's not a great deal of rationality floating around at present.


Well you see...many on here are extremely naive and believe they can affect the markets through their comments...while the others can't think for themselves and need reassurance on a regular basis.

Pretty sad really.

I only trust in math, never people. Market affected by 50-100 guys salivating over graphs (including me ofc)? Obviously NOT. So, i agree with You, that is why every second poster here are on ignore (the lambs,trollfis, ignorants and such ofc:). It is still a fun place, and sometimes with interesting links, funny images/gifs shows up Smiley
BlindMayorBitcorn
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November 05, 2015, 02:02:12 AM

Not sure if it was the best time to buy but I purchased some more bitcoin at $520 CAD.  COME ON BITCOIN, FLY FLY FLY!

I imagine people who really have to use BTC (for *ahem* business reasons) are just hoping it doesn't come crashing down over-night. Stability seemed so much more legit. Embarrassed


Right. So, if you happened to need to use Bitcoin today, you got stoned for it. And not in the way you expected. How do the darknet markets thrive with this kind of volitility?


And another question: how does the Bitpay business model account for swings like this? If I buy a gew-gaw from Nick's Knacks at 480 and a minute later we're at 400, somehow Bitpay swallows the loss?
Morecoin Freeman
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November 05, 2015, 02:04:05 AM

I am not under the illusion that I can influence the market. Because I cannot.
I believe that I have a somewhat good understanding of what is going on though.

Use your own discretion to guide your trading decisions.
Best of luck and happy trading!
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November 05, 2015, 02:05:10 AM

Not sure if it was the best time to buy but I purchased some more bitcoin at $520 CAD.  COME ON BITCOIN, FLY FLY FLY!

I imagine people who really have to use BTC (for *ahem* business reasons) are just hoping it doesn't come crashing down over-night. Stability seemed so much more legit. Embarrassed


Right. So, if you happened to need to use Bitcoin today, you got stoned for it. And not in the way you expected. How do the darknet markets thrive with this kind of volitility?


And another question: how does the Bitpay business model account for swings like this? If I buy a gew-gaw from Nick's Knacks at 480 and a minute later we're at 400, somehow Bitpay swallows the loss?

sometimes you buy a gew-gaw from Nick's Knacks at 400 and a minute later it's 480

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November 05, 2015, 02:05:30 AM

I see a dump to 375 followed by a quick recover.

For a moment I thought was game over and and were on top, but this is more solid than I thought
That was close.. thought I lost a lot more. Thanks for a quick recovery or I would be in major trouble with the wife playing with the kids college funds and so close Christmas. Daddy would have to go find a friends house to sleep at tonight if it stayed at $380.
Cconvert2G36
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November 05, 2015, 02:06:34 AM

I see a dump to 375 followed by a quick recover.

For a moment I thought was game over and and were on top, but this is more solid than I thought
That was close.. thought I lost a lot more. Thanks for a quick recovery or I would be in major trouble with the wife playing with the kids college funds and so close Christmas. Daddy would have to go find a friends house to sleep at tonight if it stayed at $380.

I really hope you're joking.
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November 05, 2015, 02:07:37 AM

Dammit, it's too early for this shit.  The Chinese are just waking up.  One of my bids missed by 11 fucking cents at the 366 bottom and now I have ten less coins to dump in the counterattack. 


adamstgBit
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November 05, 2015, 02:08:00 AM

I see a dump to 375 followed by a quick recover.

For a moment I thought was game over and and were on top, but this is more solid than I thought
That was close.. thought I lost a lot more. Thanks for a quick recovery or I would be in major trouble with the wife playing with the kids college funds and so close Christmas. Daddy would have to go find a friends house to sleep at tonight if it stayed at $380.
holy shit SELL!
InvestorPerson
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November 05, 2015, 02:08:44 AM

I see a dump to 375 followed by a quick recover.

For a moment I thought was game over and and were on top, but this is more solid than I thought
That was close.. thought I lost a lot more. Thanks for a quick recovery or I would be in major trouble with the wife playing with the kids college funds and so close Christmas. Daddy would have to go find a friends house to sleep at tonight if it stayed at $380.

I really hope you're joking.

hey, you gotta risk something to make money  Grin
BlindMayorBitcorn
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November 05, 2015, 02:09:01 AM

Not sure if it was the best time to buy but I purchased some more bitcoin at $520 CAD.  COME ON BITCOIN, FLY FLY FLY!

I imagine people who really have to use BTC (for *ahem* business reasons) are just hoping it doesn't come crashing down over-night. Stability seemed so much more legit. Embarrassed


Right. So, if you happened to need to use Bitcoin today, you got stoned for it. And not in the way you expected. How do the darknet markets thrive with this kind of volitility?


And another question: how does the Bitpay business model account for swings like this? If I buy a gew-gaw from Nick's Knacks at 480 and a minute later we're at 400, somehow Bitpay swallows the loss?

sometimes you buy a gew-gaw from Nick's Knacks at 400 and a minute later it's 480



I did that once so I know you're right. But how would a retail payment processor handle it?
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November 05, 2015, 02:09:10 AM

I see a dump to 375 followed by a quick recover.

For a moment I thought was game over and and were on top, but this is more solid than I thought
That was close.. thought I lost a lot more. Thanks for a quick recovery or I would be in major trouble with the wife playing with the kids college funds and so close Christmas. Daddy would have to go find a friends house to sleep at tonight if it stayed at $380.

I really hope you're joking.

I don't doubt it tho. Bitcoin, like crack, brings out the best in people Smiley
nioc
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November 05, 2015, 02:09:36 AM


$440 At most. And we will leave the $400's so don't hold for too long then.
My guesstimate target price is below $335 within 4 days from now.

Is there really any point in trying to guess anything in the near future? There's not a great deal of rationality floating around at present.


Well you see...many on here are extremely naive and believe they can affect the markets through their comments...while the others can't think for themselves and need reassurance on a regular basis.

Pretty sad really.

Thank you one and all as I can't think for myself Tongue  

What a day for work to put me on the road for 15hrs.  No ability to buy or sell, only watch the ups and downs Sad  Now I am toast Tongue Tongue

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November 05, 2015, 02:14:06 AM

<tinfoil>
Insider info on the auction bidders and winners | ETF pump | USG orchestrated pump to increase state revenue
</tinfoil>
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November 05, 2015, 02:15:29 AM

I think the correction woke some of the Chinese up to the fact that they need to convert some coins back into fiat after they have expatriated their capital.  There should be enough coins on western exchanges or easily transferred by now to keep this from really going nuclear before the auction.  We'll see.

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November 05, 2015, 02:16:14 AM

would pay 3.50 to see the face of the person that dumped to 300€ on kraken  Grin
BlindMayorBitcorn
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November 05, 2015, 02:17:37 AM
Last edit: November 05, 2015, 02:29:58 AM by BlindMayorBitcorn

Not sure if it was the best time to buy but I purchased some more bitcoin at $520 CAD.  COME ON BITCOIN, FLY FLY FLY!

I imagine people who really have to use BTC (for *ahem* business reasons) are just hoping it doesn't come crashing down over-night. Stability seemed so much more legit. Embarrassed


Right. So, if you happened to need to use Bitcoin today, you got stoned for it. And not in the way you expected. How do the darknet markets thrive with this kind of volitility?


And another question: how does the Bitpay business model account for swings like this? If I buy a gew-gaw from Nick's Knacks at 480 and a minute later we're at 400, somehow Bitpay swallows the loss?

Sorry for the off-topic. I was just curious.

Here:
BlindMayorBitcorn
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November 05, 2015, 02:19:45 AM

would pay 3.50 to see the face of the person that dumped to 300€ on kraken  Grin



Cconvert2G36
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November 05, 2015, 02:21:06 AM

Not sure if it was the best time to buy but I purchased some more bitcoin at $520 CAD.  COME ON BITCOIN, FLY FLY FLY!

I imagine people who really have to use BTC (for *ahem* business reasons) are just hoping it doesn't come crashing down over-night. Stability seemed so much more legit. Embarrassed


Right. So, if you happened to need to use Bitcoin today, you got stoned for it. And not in the way you expected. How do the darknet markets thrive with this kind of volitility?


And another question: how does the Bitpay business model account for swings like this? If I buy a gew-gaw from Nick's Knacks at 480 and a minute later we're at 400, somehow Bitpay swallows the loss?

You could have a bot that sells short the amount of the sale, hedging yourself. I somehow doubt bitpay's doing this tho.

Maybe if/when the exchange landscape becomes more legit/secure. (and if bitpay is still in business when that happens)
BlindMayorBitcorn
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November 05, 2015, 02:23:27 AM

Not sure if it was the best time to buy but I purchased some more bitcoin at $520 CAD.  COME ON BITCOIN, FLY FLY FLY!

I imagine people who really have to use BTC (for *ahem* business reasons) are just hoping it doesn't come crashing down over-night. Stability seemed so much more legit. Embarrassed


Right. So, if you happened to need to use Bitcoin today, you got stoned for it. And not in the way you expected. How do the darknet markets thrive with this kind of volitility?


And another question: how does the Bitpay business model account for swings like this? If I buy a gew-gaw from Nick's Knacks at 480 and a minute later we're at 400, somehow Bitpay swallows the loss?

You could have a bot that sells short the amount of the sale, hedging yourself. I somehow doubt bitpay's doing this tho.

Maybe if/when the exchange landscape becomes more legit/secure. (and if bitpay is still in business when that happens)

I guess they try to make/they'd need to make transition to fiats as quickly as possible, so straight to the exchange. Is that how it works now?
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