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

[Mythul]

So is this massive dump over or is Bitcoin going to die ?

[Guinpen]

Yes, you are doing something wrong.

Solution: Trade on larger time frames.

Too much noise otherwise, especially in bitcoin. You wont just lose money, you will also lose your sleep and then your sanity.

Fair enough, but having read the last 400 pages of this thread, it is still unclear to me what the long-term trend will be. So it is hard for me to decide whether to wait in BTC or in fiat. Besides, why should I miss out on riding these waves when everyone else here does it? (not arguing, just asking)

I was doing rather well until 30 hours ago.

Anyhow my brain is fried. I just bought BTC, so the way my luck is going, expect a massive downtrend until I'm back.

[JorgeStolfi]

Am I just really unlucky or am I doing something wrong?

You are just doing your part. In day trading, some people must lose so that others can profit. 

[chessnut]

Fair enough, but having read the last 400 pages of this thread, it is still unclear to me what the long-term trend will be. So it is hard for me to decide whether to wait in BTC or in fiat. Besides, why should I miss out on riding these waves when everyone else here does it? (not arguing, just asking)

I was doing rather well until 30 hours ago.

Anyhow my brain is fried. I just bought BTC, so the way luck is going, expect a massive downtrend until I'm back.

This is your mistake, this is the wall observer, a day-traders thread - for scalping. besides the amount of bashing and bitching that goes on in here puts everything out of context. remember, it's a zero sum game and you are up against everyone.

[nanobrain]

you talking out your arse again chessnut....it was only last week you were trying to convince everyone that you knew we were on our way to $500 after going long at $450....every opinion you have expressed has been wrong.

It's quite sad that the lad feels he needs to constantly prove himself here.

But if you can convince yourself that every time you change your mind is simply being 'agile' then you can never actually be 'wrong'.

Looks like we are going down again so I expect a revised "Chessnut Report" any second

[magicmexican]

I expect a nice and big bear trap candle in the next 6-10 hours

[chessnut]

you talking out your arse again chessnut....it was only last week you were trying to convince everyone that you knew we were on our way to $500 after going long at $450....every opinion you have expressed has been wrong.

It's quite sad that the lad feels he needs to constantly prove himself here.

But if you can convince yourself that every time you change your mind is simply being 'agile' then you can never actually be 'wrong'.

Looks like we are going down again so I expect a revised "Chessnut Report" any second

and what are you doing here? trying to be social? or are you here to read everything and agree with the bits you deem correct and then proceed to feel smart? why dont you give us some of your top notch analysis, that's what you should be here for. on "Bitcoin price movement tracking & discussion"

you still cant argue with the fact that Iv'e made money after posting my trades. and you think we are going down? didnt you hear? china unbanned bitcoin!

my trade is over BTW. I nailed it. the market may turn wither it wants. but it is only your misjudgement of what I have said that will feed your argument. (what was it again? oh im not a seasoned trader....)

[Guinpen]

Fair enough, but having read the last 400 pages of this thread, it is still unclear to me what the long-term trend will be. So it is hard for me to decide whether to wait in BTC or in fiat. Besides, why should I miss out on riding these waves when everyone else here does it? (not arguing, just asking)

I was doing rather well until 30 hours ago.

Anyhow my brain is fried. I just bought BTC, so the way luck is going, expect a massive downtrend until I'm back.

This is your mistake, this is the wall observer, a day-traders thread - for scalping. besides the amount of bashing and bitching that goes on in here puts everything out of context. remember, it's a zero sum game and you are up against everyone.

Well of course I'm not buying everytime I see a train picture or selling every time someone spreads panic and FUD. I try my best to filter the noise and evaluate the overall sentiment, and correlate what is happening to what the people here do, and learn.

[nanobrain]

I said the worst is over - of the bear market. and so it is.

Er...last Saturday we went up $10 and you were telling ME "this is a significant move" and an indication that the market had reversed.  Hhhhmmm..that worked out.

Make as many predictions as you like but stop with the constant triumphalism, you get it wrong as much as the rest of us...if you are such a great trader you wouldn't be here most of your free time telling us how great you are.

[koryu]

did we see bottom?

I'm going to say yes, because of this.
http://finance.china.com.cn/news/special/boao2014/20140411/2327233.shtml

just woke up, is this the reason why we have gone up a bit?  i also read that the second market had bought 5k btc. are there any more news?

the recent panic selling starts to worry me. didnt expect people to sell that low. but now when it happens, i am not sure if that was the bottom.

[nanobrain]

my trade is over BTW. I nailed it. the market may turn wither it wants. but it is only your misjudgement of what I have said that will feed your argument. (what was it again? oh im not a seasoned trader....)

You're a very immature young boy who needs to grow up.

[ampere9765]

nanobrain killin it up in here

[chessnut]

Well of course I'm not buying everytime I see a train picture or selling every time someone spreads panic and FUD. I try my best to filter the noise and evaluate the overall sentiment, and correlate what is happening to what the people here do, and learn.

I wouldn't expect you to. but I think this is the wrong thread. Go to Rpietilas thread. there you will find unbiased opinion, valid argument, and a friendlier environment.

[hlynur]

Well of course I'm not buying everytime I see a train picture or selling every time someone spreads panic and FUD. I try my best to filter the noise and evaluate the overall sentiment, and correlate what is happening to what the people here do, and learn.

I wouldn't expect you to. but I think this is the wrong thread. Go to Rpietilas thread. there you will find unbiased opinion, valid argument, and a friendlier environment.

you forgot the cigars 

[chessnut]

CHOO CHOO MOFOS!!

cheers for the tips chessnut!

No problem nanobrain!

[nanobrain]

nanobrain killin it up in here

I'm sorry but as one of the few female contributors here all this endless dick measuring by boys whose brains are still growing really irks me.  I come here to learn but the hubris that some display is overwhelming.

[dreamspark]

So glad I bought in the mid $3XX and fell asleep. Woke up to something positive for a change!

Now Huobi leading again... Will this ever end 

[lebing]

Yes, you are doing something wrong.

Solution: Trade on larger time frames.

Too much noise otherwise, especially in bitcoin. You wont just lose money, you will also lose your sleep and then your sanity.

Fair enough, but having read the last 400 pages of this thread, it is still unclear to me what the long-term trend will be. So it is hard for me to decide whether to wait in BTC or in fiat. Besides, why should I miss out on riding these waves when everyone else here does it? (not arguing, just asking)

I was doing rather well until 30 hours ago.

Anyhow my brain is fried. I just bought BTC, so the way my luck is going, expect a massive downtrend until I'm back.

trading on a weekly timescale in bitcoin is almost trivially easy. History doesnt repeat itself... but it certainly rhymes.

[nanobrain]

@Chessnut
Please remove the falsely attributed quote.

[chessnut]

@Chessnut
Please remove the falsely attributed quote.

First do me a favour and ignore me, then Ill take it down.

In fact, we could both take down the whole freaking argument and do this thread a favour.