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

[adamstgBit]

Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position.  good idea?

don't flip flop your trades...

you want to put yourself in a position where you don't care if it goes down, and love to see it go up.

and then you just HOLD that until really want to invest more, not speculate more.

[I_bitcoin]

Looks like the dragon is going to dance with 6k again.

[accord01]

Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position.  good idea?

don't flip flop your trades...

you want to put yourself in a position where you don't care if it goes down, and love to see it go up.

and then you just HOLD that until really want to invest more, not speculate more.

Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long...

definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks.

[adamstgBit]

my god look at the chinaman go!

[adamstgBit]

Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position.  good idea?

don't flip flop your trades...

you want to put yourself in a position where you don't care if it goes down, and love to see it go up.

and then you just HOLD that until really want to invest more, not speculate more.

Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long...

definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks.

it will probably make a new ATH, and then CHOO CHOO.

but i wouldn't bet my house on it....

[gandhibt]

china is going for 6000 again

[seriouscoin]

Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position.  good idea?

don't flip flop your trades...

you want to put yourself in a position where you don't care if it goes down, and love to see it go up.

and then you just HOLD that until really want to invest more, not speculate more.

Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long...

definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks.

it will probably make a new ATH, and then CHOO CHOO.

but i wouldn't bet my house on it....

so are you in holding both btc and cash?

hehehe so you can cheer both way

[Nolo]

"Mark it..." So no one in this thread mistakes my joke for seriousness...

http://www.youtube.com/watch?v=8BdT5mFAk-Y

It's a league game...

[accord01]

Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position.  good idea?

don't flip flop your trades...

you want to put yourself in a position where you don't care if it goes down, and love to see it go up.

and then you just HOLD that until really want to invest more, not speculate more.

Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long...

definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks.

it will probably make a new ATH, and then CHOO CHOO.

but i wouldn't bet my house on it....

The reason I've been so bearish is because of China and the last crash.  How is China supposed to hit higher than 1200+ usd if it doesn't have new money coming in?  But i pretty much give up, because all my shorts has destroyed me, though it worked out good in the crash.

[ChartBuddy]

[beetcoin]

"Mark it..." So no one in this thread mistakes my joke for seriousness...

http://www.youtube.com/watch?v=8BdT5mFAk-Y

It's a league game...

yeah, well, uh, that's just like.. your opinion, man.

[JorgeStolfi]

It's a league game...

You all understand that bitcoin trading is just a kind of gambling, right?

[Sitarow]

[11ams]

http://gointotheworld.net/wp-content/uploads/2012/07/berlin_wall_coming_down.jpg

[Nolo]

It's a league game...

You all understand that bitcoin trading is just a kind of gambling, right?

Living is just a form of gambling. 

[zoinky]

Anyone see the Colbert bump?

[Nolo]

Anyone see the Colbert bump?

Did he mention it tonight?  I wasn't watching. 

[JimboToronto]

It's a league game...

You all understand that bitcoin trading is just a kind of gambling, right?

Exactly. Trading is gambling, just like the stock market or casino. Holding is investment, like fine art or mortgage-free real estate.

[justusranvier]

I haven't been able to check the forum the last couple days because of this conference in Las Vegas.

Can anyone summarize the last 30 pages or so of this thread?

[zoinky]

Anyone see the Colbert bump?

Did he mention it tonight?  I wasn't watching.  

It was just a pun in one of the slides in "The Word" segment, it wasn't actually said, just text on the side.