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

[BitChick]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

It takes great patience and confidence to trade like Rpietila.  Most people cannot do it as well as he does.

[dgarcia]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

I like reading rpietila and I think he's a good analyzer. But better don't make him a bitcoin-guru.

[NewLiberty]

MTGox 749
CoinMkt 734
CampBX 724
BitStamp 719
BTC-e 706
BTCChina 705

I wonder when more miners will be pointing their output to CoinMKT and CampBX for their cash?  It seems there are more USD looking for coins than there are coins in these markets.

[granathus]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

Sounds like legit advice.

[gandhibt]

btw. i sold major portion, im now 80/20 (usd/btc)

Some of yours coins are belonging to me now. :-)

And mine
You are welcome 

Thanks for a nice xmas

And this is why nobody should listen to anybody for trading advice on this forum.

It's great that some people get lucky and make profits, and that experienced traders use volatility to their advantage. It creates market depth, which is a good thing.

I'm probably preaching to the choir, but there are sharks in the water and most noobs are armed with little more than a leaky inner tube

Now what I'd like to see are traders who brag about their bad trades. That would be entertaining, and sobering to newbies who think its easy to "double their stash".

i "bragged" little while ago how i bought back with 45 coin loss, now i sold again and its possible that i have to buy back with loss again

[Dragonkiller]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

i've read your last few posts, how much is he paying you? lol

[Jomppe]

btw. i sold major portion, im now 80/20 (usd/btc)

Some of yours coins are belonging to me now. :-)

And mine
You are welcome 

Thanks for a nice xmas

And this is why nobody should listen to anybody for trading advice on this forum.

It's great that some people get lucky and make profits, and that experienced traders use volatility to their advantage. It creates market depth, which is a good thing.

I'm probably preaching to the choir, but there are sharks in the water and most noobs are armed with little more than a leaky inner tube

Now what I'd like to see are traders who brag about their bad trades. That would be entertaining, and sobering to newbies who think its easy to "double their stash".

i "bragged" little while ago how i bought back with 45 coin loss, now i sold again and its possible that i have to buy back with loss again

If you trade like Rpietila, you will not be buying them with a loss.
Just waite until the price drops and there are blood all over the streets. Ask always, what would Rpietila do in this situation and you are on the side of moneymakers instead of loosers' side.

Cheers! Be good to your mom as one guy from da down-under used to say on youtube! 

[dgarcia]

i "bragged" little while ago how i bought back with 45 coin loss, now i sold again and its possible that i have to buy back with loss again

Why you make such things? :-(

Keep cool!

Buy back with loss, if it reaches 790,00$ on Gox, what will very likely not happen.

[Jomppe]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

i've read your last few posts, how much is he paying you? lol

Should I ask him a donation? I have my adress here below so anyone can send me some BTC because I have lack of them but plenty of cash that is not going to be thrown to BTC at these prices.

[prof7bit]

The day that BTCChina disallows fiat withdrawals, I believe. Cheers

Why would they want to do this? This would be the equivalent of completely shutting down their operations.

its the law.

Really? I read otherwise. I know only of one statement from official sources and that did not mention something as nonsensical as funding allowed, withdrawl not allowed, it also said that registered exchanges and bitcoin trading are legal and also no mention of a deadline of 31st January. Everything else I have heard since then were only interpretations and speculations by other people and the complaints of the owner of one exchange about how he could not find a payment provider or banking partner. But I have read nothing about a new law since then. Please send a link. Until then I call it market manipulation through FUD.

[gandhibt]

i "bragged" little while ago how i bought back with 45 coin loss, now i sold again and its possible that i have to buy back with loss again

Why you make such things? :-(

Keep cool!

Buy back with loss, if it reaches 790,00$ on Gox, what will very likely not happen.

now that i sold, my loss "vanished" almost completely, what if the price would had went to $800+? (i would have made a lot)

ofc i have my stop-loss

lets see if this trend last long enough to make some win

(btw jomppe must be trolling)

[Miz4r]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

How many bitcoins did Rpietila pay you to write this crap up? Rpietila made money because he's been into bitcoin for quite a while. Hard to not make tons of money during the past year unless you're an idiotic permabear.

[proudhon]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

Sounds like legit advice.

I'd totally be down for some bitcoin tarding again, but I hodl because I'm trying to put myself in a good position to pay long term capital gains (best, reasonable, compliance case) without any possible complications and obligation by having any USD or BTC on foreign exchanges.  

Given the position I'm trying to get into for compliance, short term tarding would just be foolish.  Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding.

If you're a US citizen and you're trading with more than $10k, and haven't considered the implications of foreign exchange and tax implications of realizing profit, etc, good luck.

[CryptStorm]

The day that BTCChina disallows fiat withdrawals, I believe. Cheers

Why would they want to do this? This would be the equivalent of completely shutting down their operations.

its the law.

Really? I read otherwise. I know only of one statement from official sources and that did not mention something as nonsensical as funding allowed, withdrawl not allowed, it also said that registered exchanges and bitcoin trading are legal and also no mention of a deadline of 31st January. Everything else I have heard since then were only interpretations and speculations by other people and the complaints of the owner of one exchange about how he could not find a payment provider or banking partner. But I have read nothing about a new law since then. Please send a link. Until then I call it market manipulation through FUD.

Hmm, I think it would be great to revisit this topic-- agreed, that there has been too much FUD. The situation is made worse by the veil that is all-things-China, so primary source links are critical. However, we also need to look at analysis and translation, as, I presume, the great majority of us do not speak or read Chinese in any useful manner.

Perhaps only anecdotally, I remember reading something about 'until the new year', which would be the Chinese new year, or the 31st, AFAIK.

Anyone?

[MAbtc]

Wasn't it just the deadline for 3rd party payment processors to stop servicing BTC exchanges? This was already done immediately.

[Jomppe]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

How many bitcoins did Rpietila pay you to write this crap up? Rpietila made money because he's been into bitcoin for quite a while. Hard to not make tons of money during the past year unless you're an idiotic permabear.

Bulls are not buying significiantly more coins - so the only way to get more demand for the coins is the changing behaviour of bears.
The bears will not change => BTC will crash and the bears change their views.
In my opinion, it is idiotic to be permanent bull. Rpietila has sold his bitcoin holdings (a part of it or even the whole position) so it is smart to convince him to rebuy the coins even higher prices - I think you are not going to succeed.
I am following the money so I need to follow Rpieitila's movements and trades if I can learn also and make some real cash in the side.

Rpietila, you can donate some coins in case you even have them at these levels any left...  

[phoenix1]

Given the position I'm trying to get into for compliance, short term tarding would just be foolish.  Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding.

Does that make you a hodling tard then ?

[granathus]

Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.

After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  

How many bitcoins did Rpietila pay you to write this crap up? Rpietila made money because he's been into bitcoin for quite a while. Hard to not make tons of money during the past year unless you're an idiotic permabear.

Bulls are not buying significiantly more coins - so the only way to get more demand for the coins is the changing behaviour of bears.
The bears will not change => BTC will crash and the bears change their views.
In my opinion, it is idiotic to be permanent bull. Rpietila has sold his bitcoin holdings (a part of it or even the whole position) so it is smart to convince him to rebuy the coins even higher prices - I think you are not going to succeed.
I am following the money so I need to follow Rpieitila's movements and trades if I can learn also and make some real cash in the side.

Rpietila, you can donate some coins in case you even have them at these levels any left...  

You are either a pretty weak troll or suffer from some pretty serious retardation.

[proudhon]

Given the position I'm trying to get into for compliance, short term tarding would just be foolish.  Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding.

Does that make you a hodling tard then ?

Sure.  A tard who doesn't want the disruption and potentially heavy financial costs of being unprepared for the tax man.

[Jomppe]

Given the position I'm trying to get into for compliance, short term tarding would just be foolish.  Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding.

Does that make you a hodling tard then ?

I am holder as the price is rising and let the others be holders in turn when the price turns.
I will be buyer only when I know I am making money. The loosers will hold BTC when the price drops and they are not in position of adding some more coins as they are all-in already.