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

[podyx]

So what you guys are saying is;
I should sell now.
Panic buy back when the price rises $10
Cry, whine, hope, hodl in utter desperation hoping for it to reach my buy in again.
Finally cave and panic sell at the bottom.
Watch it skyrocket back up and buy back again at the top?

So basically just HODL is the bet strategy right?

sell high, rebuy higher works

[bitcoinvest]

So what you guys are saying is;
I should sell now.
Panic buy back when the price rises $10
Cry, whine, hope, hodl in utter desperation hoping for it to reach my buy in again.
Finally cave and panic sell at the bottom.
Watch it skyrocket back up and buy back again at the top?

So basically just HODL is the bet strategy right?

let me put it this way...

let's say we are back in 1995 for example and you buy the domain http://www.apple.com/     right?

would you sell it after some days or months? i think you would hold it...

that's what we have with bitcoin....but this one is much much more faster ....
you will see big big rise of the price in the next couple of weeks.....

EDIT: remember my words....

have a look here
http://www.wired.com/wiredenterprise/2014/01/chrisdixon/

[sonofliberty]

OMG SELL SELL SELL

[bitcoinvest]

OMG SELL SELL SELL

looking this picture, still having questions???

HODL!!!!!

[macsga]

OMG SELL SELL SELL

looking this picture, still having questions???

HODL!!!!!

No questions here. Just HODLING!

[MAbtc]

Why always "talking book" when someone expresses an opinion...

[Holliday]

Why always "talking book" when someone expresses an opinion...

Generally, on this specific subforum, it's a valid assumption.

[proudhon]

OMG SELL SELL SELL

No kidding!  That is one of the most bearish charts I've seen yet.  With all the confirmed bad news, plus this chart, plus all the great bearish TA you can find around here, it should just be obvious to everyone that if they have any bitcoins they need to SODL them ASAP.  If you don't have bitcoins, find a way to SHOTR at the highest margin levels.  We can all still make a lot of money from bitcoin on the way down.

[MAbtc]

Why always "talking book" when someone expresses an opinion...

Generally, on this specific subforum, it's a valid assumption.

I mean more so that it's sort of a moot point. Obviously if I post a buy/sell target, that's my position. But there is this nagging assertion around here that this is done to manipulate price. That seems absurd to me, but I guess some people put a lot more weight on this forum than others.

[kurious]

Why always "talking book" when someone expresses an opinion...

Generally, on this specific subforum, it's a valid assumption.

I mean more so that it's sort of a moot point. Obviously if I post a buy/sell target, that's my position. But there is this nagging assertion around here that this is done to manipulate price. That seems absurd to me, but I guess some people put a lot more weight on this forum than others.

I hate to sound nostalgic, but it is a little more adversarial and less of a communitarian thing on here.

Maybe it's because we are post all the choo choo times of Nov / Dec...

I have not felt like posting as much for fear of having to justify a quite reasonable position (although I am still always watching).

Disclosure - am part fiat (about 25%) a position I have roughly maintained since before Christmas, bar the odd trade on the dips - which I personally think is reasonable right now, until the month's end at least!

[windjc]

Why always "talking book" when someone expresses an opinion...

Generally, on this specific subforum, it's a valid assumption.

I mean more so that it's sort of a moot point. Obviously if I post a buy/sell target, that's my position. But there is this nagging assertion around here that this is done to manipulate price. That seems absurd to me, but I guess some people put a lot more weight on this forum than others.

It is definitely done by several in an attempt to manipulate price. It has become a lot more common since the last run up and the influx of new posters.

Meanwhile, French Congress met today with panel similar to US hearings and things were pretty much all positive on the Bitcoin front.

Good news is coming out every day, so I guess this market is actually over bought afterall. The market seems like it is just going to wait to see what happens in China or eventually there will be such good news that it won't have a choice but to go up.

In truth we really don't know if this market is extended or not, because we are creating a new context with which to view bitcoin every week.

Personally, I think the longer we hang out between 750-900, the more bullish this is. Eventually, and it might take some while, bitcoin will no longer seem expensive in this range.

[chriswilmer]

Why always "talking book" when someone expresses an opinion...

Generally, on this specific subforum, it's a valid assumption.

I mean more so that it's sort of a moot point. Obviously if I post a buy/sell target, that's my position. But there is this nagging assertion around here that this is done to manipulate price. That seems absurd to me, but I guess some people put a lot more weight on this forum than others.

It is definitely done by several in an attempt to manipulate price. It has become a lot more common since the last run up and the influx of new posters.

Meanwhile, French Congress met today with panel similar to US hearings and things were pretty much all positive on the Bitcoin front.

Good news is coming out every day, so I guess this market is actually over bought afterall. The market seems like it is just going to wait to see what happens in China or eventually there will be such good news that it won't have a choice but to go up.

In truth we really don't know if this market is extended or not, because we are creating a new context with which to view bitcoin every week.

Personally, I think the longer we hang out between 750-900, the more bullish this is. Eventually, and it might take some while, bitcoin will no longer seem expensive in this range.

Rocket on the moon is just refueling. It's a long way to mars.

[dgarcia]

The market seems like it is just going to wait to see what happens in China or eventually there will be such good news that it won't have a choice but to go up.

That's it.

[kurious]

Why always "talking book" when someone expresses an opinion...

Generally, on this specific subforum, it's a valid assumption.

I mean more so that it's sort of a moot point. Obviously if I post a buy/sell target, that's my position. But there is this nagging assertion around here that this is done to manipulate price. That seems absurd to me, but I guess some people put a lot more weight on this forum than others.

It is definitely done by several in an attempt to manipulate price. It has become a lot more common since the last run up and the influx of new posters.

Meanwhile, French Congress met today with panel similar to US hearings and things were pretty much all positive on the Bitcoin front.

Good news is coming out every day, so I guess this market is actually over bought afterall. The market seems like it is just going to wait to see what happens in China or eventually there will be such good news that it won't have a choice but to go up.

In truth we really don't know if this market is extended or not, because we are creating a new context with which to view bitcoin every week.

Personally, I think the longer we hang out between 750-900, the more bullish this is. Eventually, and it might take some while, bitcoin will no longer seem expensive in this range.

Quite right - we don't know, but with all the genuinely good news NOT fueling the moon flight, it does seem the market is reticent, so one can but act cautiously.....

It seems rational - TA doesn't offer much help if sentiment is wobbly and certainty (China, whatever) is noticeably absent.

We have media exposure that would have seemed amazing even months ago, yet we are forced to wait and watch a little, for now.

[Chalkbot]

[podyx]

https://blockchain.info/pools?timespan=24hrs

what is happening with this?? it was 29% 1 hour ago.. now 34%

what is up??

the boys at ghash start to piss me off :p

[versace]

http://i43.tinypic.com/2eaji51.jpg

this chart is telling me to HODL

[podyx]

200million per coin??

[spooderman]

http://www.forbes.com/sites/benkepes/2014/01/15/bitcoin-breaks-out-you-can-now-pay-the-irs-in-cryptocurrency/

The headline says BUY the rest of the article says....eh?

[ChartBuddy]

Explanation