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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 26373507 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.)
samson
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July 05, 2013, 08:45:38 PM
 #21341

I think we may hit $65 today, and then a bounce up into the 70s again.

Finally I made a decent prediction in here. Anyone wants to make a guess how high this bounce will go? Smiley

It looks this one is done already at under $72

The bounces are very small lately which is kind of surprising.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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gizmoh
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July 05, 2013, 08:47:33 PM
 #21342

Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.
crazy_rabbit
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July 05, 2013, 08:51:15 PM
 #21343

Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.

those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)
gizmoh
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July 05, 2013, 08:53:44 PM
 #21344

Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.

those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)

Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell  Roll Eyes
N12
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July 05, 2013, 08:57:24 PM
 #21345

Daily RSI has closed below 30 (oversold) multiple times now confirming the bear market and confirming a trending mode. Check out what happened conversely the last time the RSI has stuck in overbought:

ChartBuddy
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July 05, 2013, 09:00:40 PM
 #21346

TheKoziTwo
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July 05, 2013, 09:02:32 PM
 #21347

Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.

those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)

Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell  Roll Eyes
See that's the thing. $1500 isn't profit. BTC is profit. Any fool can make $ in this market, but to increase your share of the limited supply of bitcoin is what will really matter in the end.
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July 05, 2013, 09:06:06 PM
 #21348

Daily RSI has closed below 30 (oversold) multiple times now confirming the bear market and confirming a trending mode. Check out what happened conversely the last time the RSI has stuck in overbought:



similarly on the Bitstamp:


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July 05, 2013, 09:07:54 PM
 #21349

Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell  Roll Eyes
See that's the thing. $1500 isn't profit. BTC is profit. Any fool can make $ in this market, but to increase your share of the limited supply of bitcoin is what will really matter in the end.
[/quote]
That's only if there's 0% risk associated with Bitcoin. Successful trading is limiting your risk, even if you sacrifice some gains. Most of the time though, you will gain Bitcoins in a bear market. The point is that people are actually leaving (for however long) this market and the coins are distributed among fewer people. Furthermore, even among the people who remain, the cash (dirty bernanke bux) is leaving.

Thanks Dalib, good confirmation.
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July 05, 2013, 09:15:00 PM
 #21350

Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.

those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)

Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell  Roll Eyes
See that's the thing. $1500 isn't profit. BTC is profit. Any fool can make $ in this market, but to increase your share of the limited supply of bitcoin is what will really matter in the end.

More Fiat with cheaper Coins, more Win. The bear trend warrants me to have more fiat than coins Smiley
Fiat entering bitcoin economy is more limited than supply of coins currently, hence the decline.
Being stubborn can hurt in this game..
nmersulypnem
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July 05, 2013, 09:15:39 PM
 #21351

A volumeless rally.  Gee, I wonder what happens next...
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July 05, 2013, 09:16:07 PM
 #21352

Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?  
wonkytonky
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July 05, 2013, 09:19:57 PM
 #21353

A volumeless rally.  Gee, I wonder what happens next...

into my bids? Wink

edit:  i think we will see a triangle..

and then  the porn pattern   

TheKoziTwo
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July 05, 2013, 09:34:03 PM
 #21354

Bought at 65.5 sold at 69.99.. Suckers are making this easy..
wished i had guts to expose more of my dear fiat.

those "suckers" are the ones with guts. You can't win every round, but hey- like you said, you don't have the guts to expose your fiat, thus you also can't really ever 'win'. :-)

Following a rally is easier than taking the knife..And i consider my net profit of $1500 to be a win, you don't win until you sell  Roll Eyes
See that's the thing. $1500 isn't profit. BTC is profit. Any fool can make $ in this market, but to increase your share of the limited supply of bitcoin is what will really matter in the end.

More Fiat with cheaper Coins, more Win. The bear trend warrants me to have more fiat than coins Smiley
Fiat entering bitcoin economy is more limited than supply of coins currently, hence the decline.
Being stubborn can hurt in this game..
I want to hear about the BTC profits you make, fiat is only a temporary means to acquire more of the true asset. If you end up left behind in the coming rallies your fiat profit will leave a bitter taste in your mouth.
hlynur
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July 05, 2013, 09:34:36 PM
 #21355


lol
history repeats again...


edit: or not...bouncing time already over Tongue
lucas.sev
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July 05, 2013, 09:35:57 PM
 #21356

Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?  

People here secretly think it has
TheKoziTwo
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July 05, 2013, 09:38:07 PM
 #21357

Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?  
Certain people here are claiming that nothing being said in a silly speculation forum is affecting the price, on the other hand the same people can say things like "if you had listened to us and sold you would have been much better off now".

Of course what is being said in here matters, not much maybe, but there are people affected by what's being said here, even the troll box can influence people in their buying / selling.
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July 05, 2013, 09:38:12 PM
 #21358

I think we may hit $65 today, and then a bounce up into the 70s again.

Finally I made a decent prediction in here. Anyone wants to make a guess how high this bounce will go? Smiley
Ooooone hundred and eighty!

gizmoh
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July 05, 2013, 09:40:09 PM
 #21359

Just curious: why don't folk reveal the position of their bids in advance, if this thread has no impact on the price?  


I had orders at 65.5 and 63.6. One got filled.
Next stop i believe around 63ish, but I doubt it"ll bounce significantly from here,maybe 2-4 points.

Edit: Of course depending on incoming wave, situation can change dramtically.
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July 05, 2013, 09:40:30 PM
 #21360

72 apparently.
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