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

[p0peji]

And here we go again, get ready to buy back in at around 370-375$ for the next bull trap.

[billyjoeallen]

who? what? despair? huh?

No, despair would be dumping my whole stack and cashing out rather than waiting for suckers to buy my overpriced coins. Despair was closing my leveraged long position at $478, losing over six thousand dollars and saving myself from getting wiped out. The hardest and best trade I've ever made. The worst trade was taking the leveraged long position in the first place in the face of the same market conditions we have right now.

[Davyd05]

who? what? despair? huh?

No, despair would be dumping my whole stack and cashing out rather than waiting for suckers to buy my overpriced coins. Despair was closing my leveraged long position at $478, losing over six thousand dollars and saving myself from getting wiped out. The hardest and best trade I've ever made. The worst trade was taking the leveraged long position in the first place in the face of the same market conditions we have right now.

Hubris can get this best of us at times, none the less I don't margin trade nor have the stomach for it. I might after I give a year of hodling its time.

I remember reading you we're going long I just didn't know why you chose to do that following gox on Chinese *rumors* that we're semi confirmed.

[billyjoeallen]

Bitcoin will never rise again.

It just rose from $416 to $458, your statement is invalid

a 10% bounce after a 70% drop is not a change in trend. Keep in mind that if a market falls 50% and then bounces back up 50%, you're still 25% lower than where you started.

C'mon, you pussies, I lowered my buy order to $559 and still no takers. Where's all the "the worst is behind us" sentiment now?

You won't actually spot the change in trend until after it has happened - until then you will think it is a bulltrap.

I really hope you're right. If I miss the next rally, I'll be sitting in full fiat, go back to cold storage to get some more day trading money and apply the lessons I've learned.

[podyx]

billyjoeallen

why have you gone bear?

[ShroomsKit]

And here we go again, get ready to buy back in at around 370-375$ for the next bull trap.

You missed your way too low buy order?

[billyjoeallen]

who? what? despair? huh?

No, despair would be dumping my whole stack and cashing out rather than waiting for suckers to buy my overpriced coins. Despair was closing my leveraged long position at $478, losing over six thousand dollars and saving myself from getting wiped out. The hardest and best trade I've ever made. The worst trade was taking the leveraged long position in the first place in the face of the same market conditions we have right now.

Hubris can get this best of us at times, none the less I don't margin trade nor have the stomach for it. I might after I give a year of hodling its time.

I remember reading you we're going long I just didn't know why you chose to do that following gox on Chinese that we're semi confirmed.

It was following a rumor and an official denial by the PBoC a week earlier.  Buy the rumor, sell the news or in the case of bad news, sell the rumor and buy the news. That wasn't my mistake. My mistake was not paying attention to the technical indicators, the same indicators that are now saying a substantial move up is very unlikely in the near future.

[p0peji]

And here we go again, get ready to buy back in at around 370-375$ for the next bull trap.

You missed your way too low buy order?

I didnt miss anything, I just shorted at 453$.

[macsga]

Tiz CCMF weekend!!!
HODL!!!!!1

*Source: http://www.coindesk.com/ebay-adds-new-virtual-currency-category-us-site/

[Davyd05]

if 2636 holds on huobi I think they'll continue on a short term uptrend

[adamstgBit]

why is everyone shorting the bottom?

[seleme]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

[Davyd05]

http://www.ebay.ca/chp/Virtual-Currency-/179023
ADAM QUICKKKKK there is only DOGE FOR SALE ON EBAY Canada OH DEAR GODDDDDDDDDD

[adamstgBit]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

finally

[macsga]

why is everyone shorting the bottom?

HODL YOUR SHOTRS!!!1

[adamstgBit]

http://www.ebay.ca/chp/Virtual-Currency-/179023
ADAM QUICKKKKK there is only DOGE FOR SALE ON EBAY Canada OH DEAR GODDDDDDDDDD

ebay paypal closed my account.

[p0peji]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

What a surprise, the Chinese exchanges have been lying about their banks being OK.....

[fonzie]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Thanks for the update.

When will Bobby Lee and Huobi admit it? They should stop fooling the whole community.

[p0peji]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Thanks for the update.

When will Bobby Lee and Huobi admit it? They should stop fooling the whole community.

Maybe your fifth of April prediction will come true 

[fonzie]