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

[InvestorPerson]

gravity is giving bitcoin a tough fight, eh? 

[Torque]

Expect more of this on the way back down to 230. 

[Hyperjacked]

Expect more of this on the way back down to 230. 

Cool! We will be ready...

Cheers Torque 

[ChartBuddy]

Coin



Explanation

[makeacake]

I seem to remember bitcoin being a bit ...not as depressing. Is it just me?
http://denpubs.media.clients.ellingtoncms.com/img/croppedphotos/2011/08/31/Countryside.Pokeno.H_t670.jpg

[adamstgBit]

310 in 1 hour or never.

[Hyperjacked]

I seem to remember bitcoin being a bit ...not as depressing. Is it just me?

Don't kid yourself...I used to hang with a few billionaires that looked just like that!

One guy drove a ten year car with a burnt out headlight...

They always keep it real...but lets face it the triple tax exempt Muni's are boring...

Disclaimer:It cannot be confirmed or denied but rumor is Blythe Masters is in disguise in the lower left side of the photo!

[r0ach]

Every thread now has more anti-BTC spam accounts than real forum users

https://bitcointalk.org/index.php?topic=1250347.0

[InvestorPerson]

I seem to remember bitcoin being a bit ...not as depressing. Is it just me?

depressing? we are bullish as hell, one month ago price was around 250$

we will never see "sub 300$ again"©®™

 

[oda.krell]

so people finally start to realize this is going nowhere?  

Yep. Crypto is dead. You didn't hear?

well it will never die, but I would consider to say it reached it's all-time peak long time ago I guess..

That's the spirit that secretly^* makes me salivate a bit.


^* Alright. Not so secretly given this post, I guess.

[r0ach]

You don't win at BTC by day trading.  You figure out that 8 months from now, the price will be at least $500-600 from halving and try to have as many as you can by the day that happens.

[riils]

310 in 1 hour or never.

Ha ha ha.

I went all-in a leveraged short at 308 several days ago. And watched it go up to 350. But my conviction that it will retract to 270 is rock solid. I simply know it. Call me Nostradamus.

If it goes above 370 I am wiped out. But I won't mind since its a small sum of money I am already determined to loose. I don't take bitcoin speculation seriously.

Be patient, gravity works all the time. Only thing that can bring it much higher is yet another pump. Large or small. And likelihood of another pump to 370+ is not small. But smaller than it going below 300.

Remember - bitcoin price doesn't reflect anything. Not yet. At the moment its just blowing in winds of speculation.

[Hyperjacked]

310 in 1 hour or never.

Ha ha ha.

I went all-in a leveraged short at 308 several days ago. And watched it go up to 350. But my conviction that it will retract to 270 is rock solid. I simply know it. Call me Nostradamus.

If it goes above 370 I am wiped out. But I won't mind since its a small sum of money I am already determined to loose. I don't take bitcoin speculation seriously.

Be patient, gravity works all the time. Only thing that can bring it much higher is yet another pump. Large or small. And likelihood of another pump to 370+ is not small. But smaller than it going below 300.

Remember - bitcoin price doesn't reflect anything. Not yet. At the moment its just blowing in winds of speculation.

Wow...really? You will get wiped out...!

Bitcoin is for real traders not the fixed stock market naked short bs!

The pros are at the poker table and its game on...

[Fatman3001]

Talking your book won't stop the rocket.

[ChartBuddy]

Coin



Explanation

[galdur]

[riils]

310 in 1 hour or never.

Ha ha ha.

I went all-in a leveraged short at 308 several days ago. And watched it go up to 350. But my conviction that it will retract to 270 is rock solid. I simply know it. Call me Nostradamus.

If it goes above 370 I am wiped out. But I won't mind since its a small sum of money I am already determined to loose. I don't take bitcoin speculation seriously.

Be patient, gravity works all the time. Only thing that can bring it much higher is yet another pump. Large or small. And likelihood of another pump to 370+ is not small. But smaller than it going below 300.

Remember - bitcoin price doesn't reflect anything. Not yet. At the moment its just blowing in winds of speculation.

Wow...really? You will get wiped out...!

Bitcoin is for real traders not the fixed stock market naked short bs!

The pros are at the poker table and its game on...

Bitcoin is not for real traders, because its price can be manipulated severely (and easily) by a single person or a single pump&dump group. Therefore it is almost pointless to do any analysis and there is little or no added value for your time and work doing this analysis. You might as well hold forever or sell and never come back.

Maybe there is point in making automated fast trading mechanisms that will capitalize on short term price oscillations, but not things like long term technical analysis etc. Who are you kidding? That crap doesn't even work in stock market these days.

Why I know that its going to 270 is simply the fact that bubble hasn't deflated fully yet. You say "naive", I say "simple" lol

And I didn't need no "real trader voodoo" to figure out that it was a bubble. I know when I see one. And I was shorting all the way down from 500

[makeacake]

http://s28.postimg.org/6cdr6017x/later.jpg

Talking your book won't stop the rocket.

No. No it won't.

[Hyperjacked]

310 in 1 hour or never.

Ha ha ha.

I went all-in a leveraged short at 308 several days ago. And watched it go up to 350. But my conviction that it will retract to 270 is rock solid. I simply know it. Call me Nostradamus.

If it goes above 370 I am wiped out. But I won't mind since its a small sum of money I am already determined to loose. I don't take bitcoin speculation seriously.

Be patient, gravity works all the time. Only thing that can bring it much higher is yet another pump. Large or small. And likelihood of another pump to 370+ is not small. But smaller than it going below 300.

Remember - bitcoin price doesn't reflect anything. Not yet. At the moment its just blowing in winds of speculation.

Wow...really? You will get wiped out...!

Bitcoin is for real traders not the fixed stock market naked short bs!

The pros are at the poker table and its game on...

Bitcoin is not for real traders, because its price can be manipulated severely (and easily) by a single person or a single pump&dump group. Therefore it is almost pointless to do any analysis and there is little or no added value for your time and work doing this analysis. You might as well hold forever or sell and never come back.

Maybe there is point in making automated fast trading mechanisms that will capitalize on short term price oscillations, but not things like long term technical analysis etc. Who are you kidding? That crap doesn't even work in stock market these days.

Why I know that its going to 270 is simply the fact that bubble hasn't deflated fully yet. You say "naive", I say "simple" lol

And I didn't need no "real trader voodoo" to figure out that it was a bubble. I know when I see one. And I was shorting all the way down from 500

You are clearly mistaken! TA can be used on any security...you just need to know what the composite operator uses!

I've been trading since the early 1990's...not my first day! Plus I'm inside the composite operators head!

You can bury your head in the sand but...   

[riils]

If there is no bubble by next week (when fiat starts flowing), then I most likely will be proven correct (as far as price going to 270).