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Question: Oct. 31 Closing Price:
$0 - 2 (6.9%)
<$7,000 - 2 (6.9%)
$7,000-$7,500 - 1 (3.4%)
$7,500-$8,000 - 2 (6.9%)
$8,000-$8,500 - 8 (27.6%)
$8,500-$9,000 - 4 (13.8%)
$9,000-$9,500 - 1 (3.4%)
$9,500-$10,000 - 2 (6.9%)
$10,000-$10,500 - 2 (6.9%)
>$10,500 - 4 (13.8%)
>$20,000 - 1 (3.4%)
Total Voters: 29

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21408306 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. (109 posts by 22 users deleted.)
Rampion
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May 27, 2013, 04:45:22 PM
 #11161

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink
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adamstgBit
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May 27, 2013, 04:45:54 PM
 #11162

Starting to look bad from here...  Lips sealed

 sell  everything!


its almost over  Embarrassed
samson
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May 27, 2013, 04:49:12 PM
 #11163

Starting to look bad from here...  Lips sealed

 sell  everything!


its almost over  Embarrassed

Up, Up, Up !
phatsphere
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May 27, 2013, 04:49:21 PM
 #11164

sell  everything!


its almost over  Embarrassed
OMG! ADAM SUDDENLY BEARISH!?
Ultraviolet
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May 27, 2013, 04:53:24 PM
 #11165

120-125 followed a similar pattern of apparent stagnation/decline before it got pumped to 126-128 iirc.
IG0BR0KE
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May 27, 2013, 04:54:07 PM
Last edit: May 27, 2013, 05:20:26 PM by IG0BR0KE
 #11166

It's just lame when you actualy see we only need 2.6k to come back on 136.. where're the bulls srsly.
wonkytonky
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May 27, 2013, 04:54:32 PM
 #11167

bears taking advantage  of the usa memorial day arent they ? Smiley no worries we can buy coins back at higher prices soon lol


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May 27, 2013, 04:58:06 PM
 #11168

bears taking advantage  of the usa memorial day arent they ? Smiley no worries we can buy coins back at higher prices soon lol

well, 1% daily trading profit is 3678% annual trading profit if you manage that consistently... Smiley
(But almost nobody does, that doesn't stop one from trying though...)
Its About Sharing
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May 27, 2013, 04:58:47 PM
 #11169

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink

And here in Germany bitcoin.de's price is down .10 from yesterdays! That is what happens with low volume (1400 today so far) and low float (3800 right now).

I can only hope for cheap coins...
michaelGedi
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May 27, 2013, 05:01:26 PM
 #11170

re holiday - I would imagine that it's the time when you go and do stuff with friends or family? When you are obliged to step away from the computer and do things in real life? Smiley

also in the same vein there is often a "weekend slump" (apparently), the "long weekend" should help to account for this quiet also no?
ShroomsKit
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May 27, 2013, 05:02:29 PM
 #11171

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink

Always. It hurts the coin.
ChartBuddy
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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May 27, 2013, 05:03:09 PM
 #11172

Frozenlock
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May 27, 2013, 05:05:29 PM
 #11173

I don't see why a holiday would put more selling pressure than buying pressure.

Sure, there could be less buyers, but also less sellers.
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May 27, 2013, 05:05:42 PM
 #11174

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink

Always. It hurts the coin.

No only when you are "all in" (which means you are broke and invested more than you can afford to lose)
Frozenlock
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May 27, 2013, 05:07:21 PM
 #11175

bears taking advantage  of the usa memorial day arent they ? Smiley no worries we can buy coins back at higher prices soon lol

well, 1% daily trading profit is 3678% annual trading profit if you manage that consistently... Smiley
(But almost nobody does, that doesn't stop one from trying though...)

And the exchanges would sooooo love you.
Rampion
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May 27, 2013, 05:10:17 PM
 #11176

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink

Always. It hurts the coin.

No only when you are "all in" (which means you are broke and invested more than you can afford to lose)

This. 

Just a remark: you can be "all in" in the sense that you bought coins with all the funds you have at your disposal for BTC trading/investing, which is obviously needs to be an amount you can afford to lose.
michaelGedi
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May 27, 2013, 05:11:56 PM
 #11177

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink

Always. It hurts the coin.

No only when you are "all in" (which means you are broke and invested more than you can afford to lose)


I've been wondering recently what is "more than you can afford to lose"?

should there be a distinction between "more than you can afford to lose" and "an amount that you can afford to lose, but it's quite a large percentage of what you own"...?

Rampion
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May 27, 2013, 05:14:11 PM
 #11178

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink

Always. It hurts the coin.

This is not true. Bitcoin already went from $32 to $2. Did it "hurt the coin"? No. Bitcoin is resilient, but very much prone to volatility because of its scarcity. Don't fool yourself thinking that it can only go up. It will go up, then down, then it will bubble, then it will lose 85% of its value.

Been there, seen that. Nothing to worry about. Just be cold-minded enough to do not shit yourself when it loses 85% of its value, just BUY more.

 
Frozenlock
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May 27, 2013, 05:14:30 PM
 #11179

I've been wondering recently what is "more than you can afford to lose"?

should there be a distinction between "more than you can afford to lose" and "an amount that you can afford to lose, but it's quite a large percentage of what you own"...?

Well yeah, there is a distinction. That's why you expressed it differently.  Undecided
samson
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May 27, 2013, 05:16:41 PM
 #11180

Starting to look bad from here...  Lips sealed

Since when cheap coins look bad?

Wink

Always. It hurts the coin.

This is not true. Bitcoin already went from $32 to $2. Did it "hurt the coin"? No. Bitcoin is resilient, but very much prone to volatility because of its scarcity. Don't fool yourself thinking that it can only go up. It will go up, then down, then it will bubble, then it will lose 85% of its value.

Been there, seen that. Nothing to worry about. Just be cold-minded enough to do not shit yourself when it loses 85% of its value, just BUY more.

 

Quite right but don't hold it like an idiot all the way down - sell it and buy it back much cheaper.
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