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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 26371071 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 11, 2015, 04:01:16 AM

Coin

Explanation
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Morecoin Freeman
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November 11, 2015, 04:01:25 AM


I am in the same boat, i am doing ok from an investment point of view but this shit is insane and it feels like JPMOrgan is somehow jerking me around.... fuckers

yeah dude i hear you for sure and you and me and the other handful of people in the black are the *lucky ones*

(or deranged / skilled ? / spend all the time on the computer enough to pay constant attention and adequately guess when to buy/sell to not get totally fucked like im sure 9/10 people are who ever touch bitcoin)





Trading bitcoin is not supposed to be entertainment. This is one of the most stressful jobs on earth.
You have stress every single second. Not everybody can survive.
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November 11, 2015, 04:13:26 AM

sub-300 coinz pls?  Undecided
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November 11, 2015, 04:20:20 AM

duh + i never said anything about being entertained , that's just yet another regurgitated platitude spouted when the motherfucker crashes for the 10000th time and pisses people off. and it's not worth it unless youre a millionaire already. life is too short for me to want to live like that.

*im sorry that was rude im an angry drunk
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November 11, 2015, 04:24:20 AM

feel good shorts?



whiplashed yet?
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November 11, 2015, 04:24:46 AM

Man, what a whipsaw.  My neck is going to break just watching the price go up and down so damn fast.
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November 11, 2015, 04:31:13 AM

I went against my will of holding forever and sold at $320. Question is, buy now or wait for sub $300?
Wait. This race to $300 ain't stopping anytime soon.

In all my years trading I have won some and lost a lot, but I never won when I waited for everyone to agree on when to buy and sell. If you are doing what everyone else is doing you are probably screwed.
True.
But your screwed if you do and screwed if you don't.
Maybe I will sit this one out. It is making me dizzy. Roll Eyes
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November 11, 2015, 04:32:27 AM


I am in the same boat, i am doing ok from an investment point of view but this shit is insane and it feels like JPMOrgan is somehow jerking me around.... fuckers

yeah dude i hear you for sure and you and me and the other handful of people in the black are the *lucky ones*

(or deranged / skilled ? / spend all the time on the computer enough to pay constant attention and adequately guess when to buy/sell to not get totally fucked like im sure 9/10 people are who ever touch bitcoin)


Trading bitcoin is not supposed to be entertainment. This is one of the most stressful jobs on earth.
You have stress every single second. Not everybody can survive.
No doubt about that.

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November 11, 2015, 04:38:52 AM

This wall observer thread however is pure entertainment. Grin
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November 11, 2015, 04:40:39 AM

This wall observer thread however is pure entertainment. Grin

It really is.

Some pretty cool dudes/dudettes here. I always enjoy following the thread.
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November 11, 2015, 04:48:01 AM

I went against my will of holding forever and sold at $320. Question is, buy now or wait for sub $300?
Wait. This race to $300 ain't stopping anytime soon.

In all my years trading I have won some and lost a lot, but I never won when I waited for everyone to agree on when to buy and sell. If you are doing what everyone else is doing you are probably screwed.
True.
But your screwed if you do and screwed if you don't.
Maybe I will sit this one out. It is making me dizzy. Roll Eyes

lesson from today? ... don't drink supersize vanilla milkshake before riding the rollercoaster
MatTheCat
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November 11, 2015, 04:49:15 AM

This wall observer thread however is pure entertainment. Grin

So Morecoin Freeman, you called this like a demon.

What now?

Was $300 the bottom?

A fucking shit ton of shorts will be needing to exit their trades.....Finex short positions still up at 18K BTC.
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November 11, 2015, 04:54:58 AM

So Morecoin Freeman, you called this like a demon.

What now?

Was $300 the bottom?

A fucking shit ton of shorts will be needing to exit their trades.....Finex short positions still up at 18K BTC.

In my opinion we are still on the way down (bigger picture).
I think $300 will hold for now and we could see the price move towards ~$350 before the next move down.
This will take multiple days.

Where will the downtrend bottom out and reverse? I don't know yet.
I'm not too sure about exact values. I'm a lot more sure about the bigger picture here.
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November 11, 2015, 04:59:27 AM

ChartBuddy
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November 11, 2015, 05:01:11 AM

Coin

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blacky90
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November 11, 2015, 05:04:06 AM

The future are USD but not bitcoin
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November 11, 2015, 05:07:09 AM

The future are USD but not bitcoin
Give me your lack in confidence or any doge  Grin
That is my next stop after I get off this ride.

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November 11, 2015, 05:07:57 AM

You know you've been in bitcoin too long when you can laugh as you lose 6 figures... HODL to the end.
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November 11, 2015, 05:24:59 AM

You know you've been in bitcoin too long when you can laugh as you lose 6 figures... HODL to the end.


To lose 6 figures, you have to have at least 500 coins (if we are assuming a $200 drop in price).

Yet if someone has 500+ coins, they are most likely not going to attempt to trade them all at once, and you would have most likely had difficulties both cashing out and exactly timing the top...

That's what I would call a theoretical paper loss, full of what ifs.    Tongue Tongue



I can feel ya though.   I was certainly feeling a lot richer when BTC hit $500 than i am now with it teetering a little more than $300.
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November 11, 2015, 05:29:21 AM

This bounce looks super weak after almost going under $300.

In terms of percentage drop this move was massive too, nearly -20%? Haven't seen that in a long time, not in a single day anyway.

Pretty bearish now myself... I won't be surprised to wake up under $300.
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