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

[1FfmbHfnpaZjKFvyi1okTjJJu]

In Keizer I trust.

https://twitter.com/maxkeiser/status/409982499821850624

[1714722667]

1714722667

[1714722667]

1714722667

[barbs]

In Keizer I trust.

https://twitter.com/maxkeiser/status/409982499821850624

Man F that guy, for real

[ChartBuddy]

[Vycid]

In Keizer I trust.

https://twitter.com/maxkeiser/status/409982499821850624

Man F that guy, for real

I don't think he gives a solitary fuck about any part of Bitcoin besides the price.

[macsga]

In Keizer I trust.

https://twitter.com/maxkeiser/status/409982499821850624

Man F that guy, for real

I don't think he gives a solitary fuck about any part of Bitcoin besides the price.

I don't think he gives a solitary fuck about ANYTHING besides himself... I don't like these type of guys like him.

[elebit]

I don't like these type of guys like him.

You mean batshit insane people?

[mmitech]

well his show is really informative, but he is kind out of control, he reminds me of my SEM310 (analyse math) professor in university when he had the same explosion like keiser and sometimes said things that we were all like WTF

[DaSheep]

Have made large profits recently trading against a user I've dubbed BrM2 on MtGox. Please dump again if you're reading this.

Was you the guy countering the dump with that epic 1000 BTC bid move around $640?
It was totally awesome to watch him dump 400 coins in it right before we rebounded


/€dit: I don't trust kaiser he's one of the old school wallstreet dudes from when pump and dumps (and coke, alot of coke) where doable there.

[Nemo1024]

Fresh money should hit the exchanges (at least Bitstamp) within the next hour.
On the other hand, the current trend is slowly declining.
Will there be a rally..?

EDIT: And it's suspiciously quiet here! Silence before the storm?

[Hfertig]

Fresh money should hit the exchanges (at least Bitstamp) within the next hour.
On the other hand, the current trend is slowly declining.
Will there be a rally..?

EDIT: And it's suspiciously quiet here! Silence before the storm?

Looks like it. Lets see in which direction the wind will be blowing

[mmitech]

Fresh money should hit the exchanges (at least Bitstamp) within the next hour.
On the other hand, the current trend is slowly declining.
Will there be a rally..?

we will see a small raise on the price today, but the big move will be the next few days, many people are just about depositing today,also Wire transfer usually takes 5-7 days, so next days Bitcoin will fly especially if there wont be another weekend dump.

regardless, crashes/corrections are good for the long term health of Bitcoin, and we've got to know how strong the support we had in this weekend, so I predict the price will raise to a new ATH the next few days.

[DaSheep]

And it's suspiciously quiet here! Silence before the storm?

Well there is a pretty big cup & handle forming.. I'd say yes.

[Nemo1024]

Ok, I am all in, which means that we will probably crash. If I sell all out now, then we will rise.
I am probably the best contrary indicator there is.

[capsqrl]

EDIT: And it's suspiciously quiet here! Silence before the storm?

Looks like it. Lets see in which direction the wind will be blowing

Bullish pennant?

I don't know, I'm just learning a lot of new words these days and I'm eager to use them.

[oda.krell]

I've decided to sue bitcoin, for causing me whiplash, anyone care to join?

Maybe we can team up with the RIAA and start a class action suit.

I'm tired of these swings, I prefer peace and quiet but instead i'm constipated all the time now :(

How about you stop staring at charts and just hold? Are the potential profits you can make on these swings really worth all the trouble and the risk of ending up with a BTC loss instead?

Depends on who successful you are with it, and how much nerves it costs you. I also suspect the two points are related :D

[barbs]

last chance to sell under 1000$

[600watt]

Ok, I am all in, which means that we will probably crash. If I sell all out now, then we will rise.
I am probably the best contrary indicator there is.

you´re not alone, dude... 

[Davyd05]

last chance to sell under 1000$

it was 980 round 2 am est. you were late to that post..

either way please we could use less trolling like this.. so many assholes spreading fud to make a couple dollars ( or a couple thousand ).. your behaving like the losers who'd lie about whats on an exam in univ/college to cause a bell curve to improve your own mark at the cost of causing others to fail.

[barbs]

last chance to sell under 1000$

it was 980 round 2 am est. you were late to that post..

either way please we could use less trolling like this.. so many assholes spreading fud to make a couple dollars ( or a couple thousand ).. your behaving like the losers who'd lie about whats on an exam in univ/college to cause a bell curve to improve your own mark at the cost of causing others to fail.

Reread my post... and realize it makes no sense.. then lighten up

[Teslaza]

Wow, what an emotional and physical turmoil this "crash" had on me.
Not sure if I can breath a sigh of a relief yet, but feel must more at ease now that we have moved up again.

That morning when I woke up and the price was basically crawling around on the floor it was really tough on me to keep a level head and not to freak out.
I was so close to just unwinding everything I had, taking the knock and walking away. I think the hold mantra and the "this too shall pass" credo on this forum saved me from going through with that final decision. In the end I sold about 15% of my BTC at $730, which I consider a very reasonable price to pay for my newbie schooling. It could so easily have been everything at $580ish.
One of the biggest reasons for me freaking out was that I went from being 30% in BTC, then 50%,75% and then 95%. When I was at 30 and 50 percent the price swings barely raised an eyebrow, but once I was at 95, I just had to stay awake late at night, finger on the button, JUST IN CASE EVERYTHING came hurtling down in the blink of an eye. This was even though I was in it for the long run with all the best intentions of holding.
 
I personally think one of the forum posters here, Vycid, always has some or other meaningful posts which I seem to take valuable insight away from. I recalled that he mentioned that if you were constantly second guessing your long position, that you had too much invested. This was exactly my problem. I have now brought my position back to about 75%, aiming to bring it down just a little bit more. Although this is still a little bit high for me, but my stress levels is down by about 90%. I can now again see this as an exciting money experiment that I'm conducting with a portion of my money, which would not be the end of the world if it halved or dropped to even 10% of its value (think I would get out before it reached 0  ).
 
All in all, had interesting reflections on how greed and fear operated within me and how easily your emotions can take hold.
In any event, I am ready for which ever direction we move in, because the only thing I'm doing now is holding like a motherf#cker.