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

[manfred]

Went all-in at $20.

Never sold, now I see it was a mistake. I could have easily doubled my holdings if I sold when I thought I should have, but I didn't just because I didn't even want to have the hassle to send coins to Gox.

There is a big difference in holding 300 or 600 coins, guys.

Thats why it does not matter how big your stash is you only can sell it once at whatever price you think is right. Any smart trader will easily outpace your "hypernating" coins and convert it to cash along the way. Only requirement for good trades is a market which moves.

[gandhibt]

Trading would be easy if you could do it in the past.

[manfred]

Nothing in life is easy it takes commitment and dedication.

You have two choices:

• You work for the money
• Money works for you

[vokain]

Nothing in life is easy it takes commitment and dedication.

You have two choices:

• You work for the money
• Money works for you

i like that a lot

[N12]

Hope is the prerequisite for despair.

Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.

[cosmicblue]

commitment and dedication

Isn't that one and the same thing?

[gandhibt]

If you have commitment and dedication everything becomes easy, but that doesn't mean you get money. For money you also need luck.

And you could also say that either you work for the people or people work for you. If you said it like that then it's not so easy to decide which one is better.

Nothing in life is easy it takes commitment and dedication.

You have two choices:

• You work for the money
• Money works for you

[vokain]

and luck is all about increasing the opportunities you have for yourself

[phoenix1]

Hope is the prerequisite for despair.

Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.

What stands out to me in that image is that the rebound high was made in early August ,snapback' move (long wick on the candle) and was not exceeded in the next couple of weeks before the downtrend continued in September . Looks like there was actually a 40% pullback during this period too.
Hold onto your hats 

Or of course, we could be going to the moon ... today !!

[tutkarz]

Hope is the prerequisite for despair.

Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.

to be honest im getting tired of that comparison. 2011 bubble was different than 2012 and 2013 will be different that we saw to this date. We don't even know that second bubble this year didn't started already.

[vokain]

Hope is the prerequisite for despair.

Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.

What stands out to me in that image is that the rebound high was made in early August ,snapback' move (long wick on the candle) and was not exceeded in the next couple of weeks before the downtrend continued in September . Looks like there was actually a 40% pullback during this period too.
Hold onto your hats 

Or of course, we could be going to the moon ... today !!

how much time did we spend around $100 when we first broke it?

[phoenix1]

Hope is the prerequisite for despair.

Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.

What stands out to me in that image is that the rebound high was made in early August ,snapback' move (long wick on the candle) and was not exceeded in the next couple of weeks before the downtrend continued in September . Looks like there was actually a 40% pullback during this period too.
Hold onto your hats 

Or of course, we could be going to the moon ... today !!

how much time did we spend around $100 when we first broke it?

And how long till we saw it again

[vokain]

about a month if i recall correctly

[chsados]

Holy crap! Waking up to this !
Thank god I covered my shorts below $70. Wish I had held onto the long though ...
Oh well ... sidelined for now
Happy Bull Day people !

What service are you using to short?  All the ones I have tried (1broker, bitfinex, icbit, 796) are lacking in terms of features.  Kraken really needs to go live!

[Miz4r]

Hope is the prerequisite for despair.

Check out what we did in 2011 after a bounce from 5.74 to 12.1. That's more than a doubling.

Yeah that looks a lot like what we're seeing right now. I still see a flag formation forming after hitting 104 so I'm thinking we still haven't seen the top of this epic bounce. But so far we haven't broken the low that was set right after the crash @ 50, while in 2011 the lows just kept on going lower and lower. Things might turn out differently after all.

[phoenix1]

about a month if i recall correctly

12 days!

TBH I think we will hit $110 today but what do I know

EDIT : Here comes the next push ... 3 lots of 1000 added to bid side ... there's a whale in the water !

[fr33d0miz3r]

Mmm... trollwalls everywhere 

[spooderman]

whales man

[vokain]

so he wants us to go up

[barbs]

What are the whale sonars saying? that was very very creepy