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

[mmitech]

Seems to me there is developing a consensus in the market that 1BTC is AT LEAST worth something like $550. All the new people coming in have in the back of their heads that price has been +$1000 and with the momentum and press Bitcoin has now, it is just common sense that this is a good price. Which can be seen in buying pressure whenever we move down below 600. IMHO.

if you knew about bitcoin when it was 1000 than sure 550-600 is really cheap, if you knew about bitcoin when it was $10 and if you were present on the crashes we had than 500-650 still looks optimistic, although I have to point out that any move you do now is really risky because bitcoin by nature is unpredictable.

I know that I risk so much but I make sure that I wont regret my action if the price will start climbing so fast.... most of the time I am all BTC but when I have the sense of the price going down I sell 50% and open limit orders and wait, if the price start climbing back my strategy is to cash out.

since I invested in bitcoin, I cashed out less than 15% of my holdings, I always think about cashing out some of my profits but I always buy back because at the moment I don't really need that cash...

When comparing how the price looks for a person knowing bitcoin when it was at $10 with a person getting to know it the last months, you have to take into account how enormous Bitcoins progress towards adaption has been. At $10 it was basically just a bet for the pure visionaries, totally unproven in all aspects but the theoretical. At $1000 we were dealing with something that just might change the concept of money as we know it. Since then the price has halved, and apart from the China spectacle, the good news keep rolling in.

Personally I am fully accepting towards the prospect of losing my entire Bitcoin investment, but I will not risk the regret of not acting on and taking the chance on something that resonates completely with me. I have a strong feeling Bitcoin will change the world. If it doesn't, I will go on with a smile on my face, feeling good that i did what i believed to be right.  

bitcoin was a revolution since day one, sure we achieved allot this year and next year will see even a bigger boom, Bitcoin investment will pay out long term no matter when you buy, but being on the speculation sub-forum means that you want to catch the ups and downs, otherwise you would just buy and HODL    

[Kramerc]

Just itching to buy back in... this is torture!

I have sold at 670, two days ago. Since then, the price went up to 720, went down to 550 and kept fluctuating so I can say that I do know the feeling, even though I'm in this thing for only 2-3 weeks now. Now, the itch and anxiety have faded, and I'm just watching and waiting for the perfect moment to jump back in, but not before we get to another low. Be patient and have some sort of a plan, any plan; that will help drive the anxiety away.

In it for 2-3 weeks.. Does that mean you bought in at +$1000?

No. I'm in this for 2-3 weeks but bought at an average of 585, although both my reasoning and my gut feeling were telling me that the price would go lower. I bought impulsively and impaciently, even before reading the China news. Lesson learned, patience activated.

[granathus]

Seems to me there is developing a consensus in the market that 1BTC is AT LEAST worth something like $550. All the new people coming in have in the back of their heads that price has been +$1000 and with the momentum and press Bitcoin has now, it is just common sense that this is a good price. Which can be seen in buying pressure whenever we move down below 600. IMHO.

if you knew about bitcoin when it was 1000 than sure 550-600 is really cheap, if you knew about bitcoin when it was $10 and if you were present on the crashes we had than 500-650 still looks optimistic, although I have to point out that any move you do now is really risky because bitcoin by nature is unpredictable.

I know that I risk so much but I make sure that I wont regret my action if the price will start climbing so fast.... most of the time I am all BTC but when I have the sense of the price going down I sell 50% and open limit orders and wait, if the price start climbing back my strategy is to cash out.

since I invested in bitcoin, I cashed out less than 15% of my holdings, I always think about cashing out some of my profits but I always buy back because at the moment I don't really need that cash...

When comparing how the price looks for a person knowing bitcoin when it was at $10 with a person getting to know it the last months, you have to take into account how enormous Bitcoins progress towards adaption has been. At $10 it was basically just a bet for the pure visionaries, totally unproven in all aspects but the theoretical. At $1000 we were dealing with something that just might change the concept of money as we know it. Since then the price has halved, and apart from the China spectacle, the good news keep rolling in.

Personally I am fully accepting towards the prospect of losing my entire Bitcoin investment, but I will not risk the regret of not acting on and taking the chance on something that resonates completely with me. I have a strong feeling Bitcoin will change the world. If it doesn't, I will go on with a smile on my face, feeling good that i did what i believed to be right.  

bitcoin was a revolution since day one, sure we achieved allot this year and next year will see even a bigger boom, Bitcoin investment will pay out long term no matter when you buy, but being on the speculation sub-forum means that you want to catch the ups and downs, otherwise you would just buy and HODL    

I guess you are right   But that does not imply that I doubt Bitcoin. It just means I want to increase my position. I also put more fiat into it regularly, every time my finances can accomodate it.

[adamstgBit]

https://bitcointalk.org/index.php?topic=379582.new#new

 we can discuss price, when i wake up. 

please? 

[gandhibt]

https://bitcointalk.org/index.php?topic=379582.new#new

 we can discuss price, when i wake up. 

please? 

is $1000 a piece a fair price?

[rezurect]

https://bitcointalk.org/index.php?topic=379582.new#new

 we can discuss price, when i wake up. 

please? 

Call the bottom so that you can have a good nights sleep.. :-D

450?
400?

[adamstgBit]

https://bitcointalk.org/index.php?topic=379582.new#new

 we can discuss price, when i wake up. 

please? 

is $1000 a piece a fair price?

ya no its not.

buy them on stamps and sell them to me slightly higher!

[adamstgBit]

https://bitcointalk.org/index.php?topic=379582.new#new

 we can discuss price, when i wake up. 

please? 

Call the bottom so that you can have a good nights sleep.. :-D

450?
400?

i just woke up

i dont knwo where bottom is i dont give, i buy your coins for 610

[damiano]

Sweet just woke up and made a good call on my order last night

Closed my short at 571 with a low 568 on stamp

[ChartBuddy]

[mmitech]

Market is bored

this is exactly when the dumps usually appears and this is exactly what I am waiting for....

[mmitech]

Market is bored

this is exactly when the dumps usually appears and this is exactly what I am waiting for....

Or sudden pumps

it would be really something new, a weekend pump ?!! but you never know everything is really possible....

[tutkarz]

I don't understand how are you expecting dumps with such walls.

[tutkarz]

I don't understand how are you expecting dumps with such walls.

Could be a fake

 no sell offers is fake also? To me it looks like nobody wants to sell any more for that price.

[mmitech]

I don't understand how are you expecting dumps with such walls.

well the same like every time we experienced a dump, walls get eaten other walls get pulled back ...

[gandhibt]

market is waiting for whales, but volume is still constantly more red

[adamstgBit]

i just bought some coins. 

thanks again mmitech

up Up UP! forever!

[Krabby]

What is more boring than a slowly declining market?
I might have to find something else to do in my spare time than staring at graphs. (And then miss the rocket)

[joburgtaxi]

NO HODL BUTTON ??

[UnDerDoG81]

Was going to buy @577 on BTC-E, ignored rule #4 "don´t listen to others" and canceled the order... Meh lets see if we can go back down...