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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 26389089 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.)
accord01
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December 06, 2013, 06:09:13 PM
 #55101

Hehe, all these bears want so badly cheap coins. Too bad for them Cheesy

No, I want to make more profit on my short. It will take some time till we see cheap coins

i wussed out and closed few of my short positions

You know, only long term holders are making profit  Grin

That's not neccesarily true.  Good traders make destroy everyone, including strong hands.

BTW-- if GOX didn't have the cash flow problem, this would be at 700 right now.
seleme
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December 06, 2013, 06:09:18 PM
 #55102

Put your bids between $100-$200. Thank me later (Monday).

I allways have bids that low  Tongue
There are crazy panic sellers everywhere.

I expect a drop till 435$ till monday with an impressive dead cat bounce back to 925$!
Lot's of money to make or lose  Grin

Yeah, your predictions were so accurate in last 2-3 weeks papak Cheesy
Hfertig
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December 06, 2013, 06:10:50 PM
 #55103

Hehe, all these bears want so badly cheap coins. Too bad for them Cheesy

No, I want to make more profit on my short. It will take some time till we see cheap coins

Don't be too greedy, I kindly suggest that you close that one now and take your btc profits.

Thank you for your advice. I do have my limits placed. But no reason to buy back above 900 USD
Davyd05
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December 06, 2013, 06:11:03 PM
 #55104

All I know is the same people have been preaching doom and gloom since October.. and none of the advice would've helped anyone at all.
Vigil
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December 06, 2013, 06:12:35 PM
 #55105

Gox's fees are too high. It is unprofitable to trade there.
maz
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December 06, 2013, 06:13:57 PM
 #55106

All I know is the same people have been preaching doom and gloom since October.. and none of the advice would've helped anyone at all.

Correction, called this China related shit on November the 11th I think you'll find. If only to remind folk that we're rallying on the coat tails of a country that takes no shit when it comes to currency matters.
conspirosphere.tk
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December 06, 2013, 06:14:18 PM
 #55107

It will take some time till we see cheap coins

it will take just another alt.coin called like that. CheapcoinsTM: the latecomers' coins.

The bottom we are bouncing on seem convincing, but we have a weekend just starting... -*and now we are just going below*
gandhibt
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December 06, 2013, 06:14:37 PM
 #55108

Hehe, all these bears want so badly cheap coins. Too bad for them Cheesy

No, I want to make more profit on my short. It will take some time till we see cheap coins

Don't be too greedy, I kindly suggest that you close that one now and take your btc profits.

Thank you for your advice. I do have my limits placed. But no reason to buy back above 900 USD

Okay, good, then you just have to stick to your limits, no matter what.
Davyd05
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December 06, 2013, 06:15:26 PM
 #55109

Gox's fees are too high. It is unprofitable to trade there.

try the 1.5% at cavirtex, vos @ .3% looks inticing waiting on CAD deposit and withdrawal methods.
gandhibt
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December 06, 2013, 06:16:23 PM
 #55110

Gox's fees are too high. It is unprofitable to trade there.

Yep, so much nicer to pay 0.2 at stamp.
accord01
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December 06, 2013, 06:17:11 PM
 #55111

sigh, wussed out closed my position @ 926.  But just started a new short @ 911, forgot today is only friday morning.
Davyd05
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December 06, 2013, 06:21:01 PM
 #55112

sigh, wussed out closed my position @ 926.  But just started a new short @ 911, forgot today is only friday morning.

go for 850 why not.
Hfertig
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December 06, 2013, 06:21:17 PM
 #55113

sigh, wussed out closed my position @ 926.  But just started a new short @ 911, forgot today is only friday morning.

Isn´t it funny. In a bull market you sell and buy back higher, in a bear market it is the opposite. you buy back and sell lower. You are not alone...
Nolo
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Whoa, there are a lot of cats in this wall.


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December 06, 2013, 06:22:50 PM
 #55114

Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?
derpinheimer
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December 06, 2013, 06:24:06 PM
 #55115

Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?

I would imagine not, since that basically puts us in neutral territory. Either way can go.
accord01
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December 06, 2013, 06:24:44 PM
 #55116

sigh, wussed out closed my position @ 926.  But just started a new short @ 911, forgot today is only friday morning.

Isn´t it funny. In a bull market you sell and buy back higher, in a bear market it is the opposite. you buy back and sell lower. You are not alone...

Lol, yeah.  that's why the best traders don't get phased much.  they pick a spot and start a position, then go on a vacation, come back and reep the rewards.
bitcodo
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December 06, 2013, 06:24:47 PM
Last edit: December 06, 2013, 06:35:11 PM by bitcodo
 #55117

Coming to your favorite exchange soon!


gandhibt
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December 06, 2013, 06:25:23 PM
 #55118

Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?

Last weekend we had a dip, there's usually not two in a row. We have seen big rises on weekends. This could be a nice weekend to take those coins from bears.
gizmoh
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December 06, 2013, 06:25:29 PM
 #55119

Gox's fees are too high. It is unprofitable to trade there.

Yep, so much nicer to pay 0.2 at stamp.

stamp is so difficult to trade when panic occurs as the order book is so anemic.
Btcchina No Fee, plenty of newbie and fat book , that must be yummy..
accord01
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December 06, 2013, 06:25:40 PM
 #55120

Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?

On the other hand, there is also unlimited of BTC's that can be added to the exchanges to be sold.
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