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

[gandhibt]

The scornful replies to my observation indicate that you have too many bitcoins and that makes you emotional. I suggest you do what I have done and cash out a couple of $M so that you can sleep better and become less touchy 

Nice try... You didn't reply to any of my good non-emotional arguments, but you try to use this cheat-argument to get the attention away from them... and this emotion card is more fit to you, because you changed your strategic and didn't buy back in at loss, what a mistake, am i right?

[ChartBuddy]

[bitcoinbible]

Where do you cash out a couple of $M? Don't the exchanges have limits?

Where there is a couple of $M, there is a way.

Someone needs to start a business of "wealth management for bitcoin millionaires" .

Seriously.

 v\/v = in my siggy brah  

[niothor]

Now , this is a nice picture to see when you wake up on a saturday

[philip2000uk]

Now , this is a nice picture to see when you wake up on a saturday

need a bitcoin to be put on this sim https://www.youtube.com/watch?v=xwdX_B_PUmc

[BitThink]

I have too much fiat compared to BTC holdings

Do you think 850 is a fair entry point ?

Could it be the last time we see 850 ?

No one can predict the future, but I'll say it's unlikely to be the last time. We will see a lot of up and downs in the following months.

The question, however, is will you buy the next time you see 850? Say if it drops from $2000 to $850, will you buy or on the contrary just panic sell?

So it does not matter what's the current price, but what's the price you believe it will be in the future. If you believe it finally will be $2000, or even $10000, you can safely buy now and just hold it. For example, in 2001 people panic buying at $36 my regret for more than one year, but they will laugh now if they keep holding.

[rpietila]

The scornful replies to my observation indicate that you have too many bitcoins and that makes you emotional. I suggest you do what I have done and cash out a couple of $M so that you can sleep better and become less touchy  

Just sprayed coffee all over the keyboard laughing....

Hilarious, wish I had that solution in my problem solving box!

Finally someone catches the point

Where do you cash out a couple of $M? Don't the exchanges have limits?

Where there is a couple of $M, there is a way.

Someone needs to start a business of "wealth management for bitcoin millionaires" .

Seriously.

Yes, I am a wealth manager, doing that professionally since 2006. My personal APR is something like 40% in last 10 years (bitcoin distorts things everybody has that nowadays.. )

There are so many services that are so important for the bitcoin millionaires, and so few people are in the position to do it. Old world is clueless and/or untrustable. I will be able to make however much I want by selling targeted services to bitcoiners.

The "problem" is that I already have so much money in all possible forms that receiving more of it does not make a difference.

I just continue to offer exactly the services what I perceive to be the most useful (see sig for details). It does not matter if I make money or not. My advice is generally free, I have sold it in the past but it did not feel good. Whoever has an ear, let him hear.

[mmitech]

The scornful replies to my observation indicate that you have too many bitcoins and that makes you emotional. I suggest you do what I have done and cash out a couple of $M so that you can sleep better and become less touchy 

I do not need Fiat ATM, I will sure cash out some when I need it, I am exploring few other investment, "hint:" Litecoin

[nanobrain]

why singapore? that's one useless shopping center hell

Oh, the hours/days I've spent traipsing up and down, round and round Singapore airport - hell, I tell you HELL!

NO WAY! not changi airport that's actually heaven.  Also voted the best in the world at some point (it's on and off.) can't beleive you didn't like that place, that was the only real place in singapore that i went to (plane spotter)

Go away with your porn and your shiny, soulless airport.
Have an ignore.

[maz]

Fill in the blanks:


From March 18 to April 9, in 23 days, bitcoin appreciated 379% against the USD, which is average 7.0% daily. The following day it crashed, erasing all the gains of the last 3 weeks, and providing a stellar buying opportunity.

From November 3 to November 23, in 21 days, bitcoin appreciated 291% against the USD, which is average 6.7% daily. It still has room to appreciate __% in _ days, after which it will _____, erase ___ the gains of the last _ weeks and provide a ________ ______ ___________.


See for yourself

As much I would love to take your post's serious, I'm pretty sure you have made statements in the past to trick people into trading for your benefit. Which is a shame, because I think your posts are quite insightful. Kind of like the boy that cried wolf.

[philip2000uk]

why singapore? that's one useless shopping center hell

Oh, the hours/days I've spent traipsing up and down, round and round Singapore airport - hell, I tell you HELL!

NO WAY! not changi airport that's actually heaven.  Also voted the best in the world at some point (it's on and off.) can't beleive you didn't like that place, that was the only real place in singapore that i went to (plane spotter)

Go away with your porn and your shiny, soulless airport.
Have an ignore.

You're not very nice are you? I'm from the UK

[rpietila]

The scornful replies to my observation indicate that you have too many bitcoins and that makes you emotional. I suggest you do what I have done and cash out a couple of $M so that you can sleep better and become less touchy  

Nice try... You didn't reply to any of my good non-emotional arguments, but you try to use this cheat-argument to get the attention away from them... and this emotion card is more fit to you, because you changed your strategic and didn't buy back in at loss, what a mistake, am i right?

I select the people whom I ignore with the button, ignore by not replying, or reply with various tones.

I think you are making progress in your postings and are doing good. It didn't feel important to address your remarks, since I have already posted my investment strategy in detail in this thread, and your reply reveals that you have not read it. Of course it is not a requirement for you to read everything that I have ever posted (although I think it is time very well spent). I have no obligation to convince you that I play according to completely different rules. Upon saying that, however, I can explain:

- Most speculators hope that something will happen, and make trades based upon that. This, in the long term, does not lead to good result due to various factors.

- I estimate the scenarios (what could possibly happen), estimate probabilities, calculate value functions, and find whether I should realign the portfolio or not. I also decide what I do next in each of the scenarios. I do not buy or sell anything at a whim. I can hardly make a loss because I always select the choice which gives the best expected value. Even if a "negative" scenario happens, it does not change anything, because I never take risks. I spent several hours between the China $1,100 top and the start of selling, analyzing various things, such as the chart that quacks like a duck (100% per week is a parabolic top, no matter how rich you want to be.) Bitcoin can as well go to zero or million dollars. Everything is considered.

TL;DR: I don't find it interesting enough to discuss the topic at such a low level.

[maz]

I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game

[phoenix1]

The scornful replies to my observation indicate that you have too many bitcoins and that makes you emotional. I suggest you do what I have done and cash out a couple of $M so that you can sleep better and become less touchy  

I thought it was great advice for anyone in your position - why hold it all if selling 10% guarantees a comfortable life ? That's just stupid and greedy IMO. And gradually selling more at certain price targets, great strategy ...
You certainly seem to have regained a lot of your health now - good to see

Unfortunately I am not in the position that you are, but if my small stash ever becomes life changing, I will surely follow your lead and cash some out  

[Wekkel]

I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game

Report back when you are at $100.

[maz]

I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game

Report back when you are at $100.

Challenge accepted!

[ChartBuddy]

[Ivanhoe]

A bit of slow day while we just reached a new ATH on Bitstamp. I like this.

[jatajuta]

I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game

Report back when you are at $100.

Challenge accepted!

Are there any stop orders on QT Trader?

[maz]

I've got $13 left in my BTCChina account, QtTrader running, with 0% trading fee's. Let's see how far I can take this. I'm turning this into a computer game

Report back when you are at $100.

Challenge accepted!

Are there any stop orders on QT Trader?

Yes, you can set order's just as if you were trading with limit orders on the exchange. It also has a nice 'rules' feature where you can set certain conditions for selling.

https://bitcointalk.org/index.php?topic=201062.0