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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26817427 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
magicmexican
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April 02, 2014, 08:18:38 PM

btc-e looks like it having way more volume than stamp/china atm
seleme
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April 02, 2014, 08:21:37 PM

That BTC-e bot was too good to me in last half an hour. 800$+ profit. Almost recovered my lost from this morning.

What bot exactly?

some pushing the price up and down all the time.
jonoiv
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April 02, 2014, 08:22:02 PM

Fonzie.  You claim not to be a trader.  What do you do for a living ?
JayJuanGee
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April 02, 2014, 08:22:37 PM

You will see the end of this bear market by these following indicators.

1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.

If you will get tired of seeing indicator 3, then it's time to buy, not before.

We have already met all three sufficiently for the price to rise....  at least 1 and 2, which seem the most potentially relevant to this lame-ish description of prerequisites.

 Regarding #2 we have been between $420 and $599 for about 3 weeks... that is quite a long time.

Actually, regarding #3, this is NOT any kind of necessary prerequisite

No, it isn't so, sorry.
"400 is the bottom" has been the most popular belief and fools are still cheering for bitcoin going up. There has to be something stronger, that will shake the fools. Always exit an market when fools enter, and always enter the market when fools exit. And don't ever enter the market, that everyone is talking about, or else you will be the fool. Right now there is a lot of agony from those who bought at the top of the last bubble, but there has to be total desperation with dramatic finishing speeches etc. Then you know that the market is set to buy in.


The more you attempt to explain, the less sense that you make.  Your comments are filled with generalizations that fail to take into account a broader bitcoin history.  None of us can predict exactly where bitcoin is going or when is the bottom exactly.. except based on a variety of factors and information including entrances and exits into the market space.  Some people claim to be more knowledgeable and concrete in their predictions than others.  Some will be right and some will be wrong some will become rich and others maybe not so much. 

By the way, it is a little bit more difficult to lose money in a growing market, but some traders manage to accomplish that, too.... so there is quite a variety of traders and predictions and bets accordingly.
JayJuanGee
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April 02, 2014, 08:24:21 PM

BTW;

Is Goat still promoting "holding" in his thread? Or has he deleted that as well?


This forum should NOT allow deleting.. maybe after a day or some other reasonable short period.
adamstgBit
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April 02, 2014, 08:24:52 PM

What the fud is going on with btc. Just saw this on reddit. Fud everywhere. The question is how far will it bring the price down??

http://www.reddit.com/r/Bitcoin/comments/221i3e/looks_like_neo_bee_have_packed_up_and_left_says/

lol fuck.
nrd525
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April 02, 2014, 08:25:27 PM

Bitstamp decent 10k wall down to 400.
KeyserSoze
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April 02, 2014, 08:25:43 PM

new low

Glenn Beck reports impending food riots? Oops... too late. He'll need to sink lower.
Miley Cyrus sticks tongue out again? Too late, need to sink lower.
"Friends" TV Show has Bruce Willis for an episode? Again, too late... need to sink lower.
adamstgBit
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April 02, 2014, 08:26:50 PM

What the fud is going on with btc. Just saw this on reddit. Fud everywhere. The question is how far will it bring the price down??

http://www.reddit.com/r/Bitcoin/comments/221i3e/looks_like_neo_bee_have_packed_up_and_left_says/

lol fuck.

i don't see an update about them being bankrupt on havelock

seleme
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April 02, 2014, 08:27:32 PM

What the fud is going on with btc. Just saw this on reddit. Fud everywhere. The question is how far will it bring the price down??

http://www.reddit.com/r/Bitcoin/comments/221i3e/looks_like_neo_bee_have_packed_up_and_left_says/

lol fuck.

that was yesterday all over the trollboxes
JayJuanGee
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April 02, 2014, 08:28:51 PM

@Mervyn_Pumpkinhead

I´m glad you joined to forum. I´m totally down with all of your posts and like the style of your arguments.
I can´t write like this because i´m too big of a troll. Smiley
But your opinion fits mine pretty close.

I hope you don´t feel insulted now.



This endorsement is going to help Mervyn_Pumpkinhead with his credibility and reputation in this forum.
lynn_402
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April 02, 2014, 08:29:05 PM

What the fud is going on with btc. Just saw this on reddit. Fud everywhere. The question is how far will it bring the price down??

http://www.reddit.com/r/Bitcoin/comments/221i3e/looks_like_neo_bee_have_packed_up_and_left_says/

lol fuck.

that was yesterday all over the trollboxes

See the last post in this thread for the CEO's announcement: https://bitcointalk.org/index.php?topic=289730.0
fonzie
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April 02, 2014, 08:29:08 PM

Fonzie.  You claim not to be a trader.  What do you do for a living ?

I am daytrading! and made enough to quit my day job 6 months ago.
I worked in a psychiatric ward for 6 years(don´t laugh). Cheesy
I began to study 4 years ago to become a aeronautical engineer which i am finishing in the next weeks.
I hope that daytrading brings me enough to take 4-5 years off before i really have to start to work with that profession:D Cheesy:
yrtrnc
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April 02, 2014, 08:29:22 PM

What the fud is going on with btc. Just saw this on reddit. Fud everywhere. The question is how far will it bring the price down??

http://www.reddit.com/r/Bitcoin/comments/221i3e/looks_like_neo_bee_have_packed_up_and_left_says/

lol fuck.

i don't see an update about them being bankrupt on havelock



I don't know what is going on anymore. It may be fud. We need good news.
adamstgBit
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April 02, 2014, 08:30:15 PM

What the fud is going on with btc. Just saw this on reddit. Fud everywhere. The question is how far will it bring the price down??

http://www.reddit.com/r/Bitcoin/comments/221i3e/looks_like_neo_bee_have_packed_up_and_left_says/

lol fuck.

that was yesterday all over the trollboxes

oh april fools joke....

they get me EVERYTIME
MinermanNC
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April 02, 2014, 08:30:27 PM

Anyone remember the big stock market crash of 2007/2008? now look at those who stayed in and held tight, most are smelling the roses. Of course we don't have the FED pumping up the BTC market with quantitative easing etc., but that's what BTC is all about,,,, freedom from that kind of stuff.
Don't panic Smiley Its coming back.
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April 02, 2014, 08:30:46 PM

What the fud is going on with btc. Just saw this on reddit. Fud everywhere. The question is how far will it bring the price down??

http://www.reddit.com/r/Bitcoin/comments/221i3e/looks_like_neo_bee_have_packed_up_and_left_says/

This shows you why you cannot open a company on a shoestring. Neo and Bee had an impressive advertising campaign, and no funds to follow through so now they have to close their doors.

That's why companies like Circle.com make sure they have a $10+ million bankroll and then take months and months before they still announce. Its about preparation and planning and capitalization. Neo and Bee had great ideas and leaders who thought they could do things right on a shoe string.

Its embarrassing for "bitcoin" thought because Neo and Bee generated a shit ton of interest in Cyprus.
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April 02, 2014, 08:31:38 PM

@Mervyn_Pumpkinhead

I´m glad you joined to forum. I´m totally down with all of your posts and like the style of your arguments.
I can´t write like this because i´m too big of a troll. Smiley
But your opinion fits mine pretty close.

I hope you don´t feel insulted now.



This endorsement is going to help Mervyn_Pumpkinhead with his credibility and reputation in this forum.

JayJuanGee, i also like most of your posts.

 Cheesy Cheesy Cheesy Cheesy

JayJuanGee
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April 02, 2014, 08:33:10 PM

Free tip of the day :





So even the content of the referred to post will NOT show up, if you ignore someone?  I have NOTICED Quite a bit of disinformation posted in this thread, but usually, I can just mentally block out the ones who tend to speak too much out of their asses.... with the gobbledy gook.
KeyserSoze
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April 02, 2014, 08:33:15 PM

Professor Bitcorn getting agitated:
http://www.ustream.tv/recorded/45679957

I think Schweikert really likes Bitcoin. He sees the potential. This is great. Smart government folks like Schweikert and Lawsky who, while they have a job to do, are grasping the potential and you can hear the wheels spinning as they speak as conservatively as they can about how awesome Bitcoin is.
Indeed, looks good. As to Professor Bitcoin, for someone with all the answers he's not much good at straight questions.

He is a pretty good speaker but he is so blind to his position that he is easy to laugh at as well. He said something like, "You won't find a 9000% price rise like that anywhere else on this planet, or any planet."

This immediately says to anyone listening that if he's willing to say something he could not possibly know, for hyperbolic effect, then he is willing to lie. This undermines him overall as a speaker and is why it's fairly easy to ignore his passionate fear arguments even if you don't know anything about Bitcoin.

He also just plainly looks irritated every time he speaks about Bitcoin which shows a strong bias. It's OK to be biased -- we all mostly are to one degree or another. Just best in public to hide the emotional part of it when making an argument.
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