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

[BitChick]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option! 

Hubby and I have just been buying and holding for a little over a year now.

[pjviitas]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option! 

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

[Post-Cosmic]

Yea okay, looks like its 460 minimum, and most likely testing 440 and below

Noo.. I'm short, but I'm def out @ 450-460's.. dat huge support range for an 'eternity' during early Apr., & again for 1 day on 4/14.. b4 we had our run-up to 495 Stamp..? Gonna be hard to break thru that, all the way from 548 already, just b/c of old news that the 18th(done), 20th(..right? but..it's a sunday.. what a weird deadline/closure date.. ), 21st(?!?), 24th(>?!) are [supposed-to-be-] known btc-xchange bank acct closing times.

Of course there's always some freakish Unicredit failure minute-chance nightmare scenario, but we can't count on that, & as for those lollygagging aussie bankers coming up w/ their apparent May 2nd btc-related-bank-acct-closure deadline as well, that's far enough from now that it's reasonably safe to long or buy from 450's & wait to see if it can pierce through ~548, or if it's time to exit out the airlock, on the next launch attempt before Australia bankers open their foul mouths next month.

Huobi dump 3 days straight same time, why?

I wish we would stop caring.

You can. You don't trade.

But traders have to care. Or be stupid not to. Until & unless China's somehow fully driven offshore/underground.

Second: I do NOT know what you mean by Exemplary lesson.

Oh! Wel, well, well...  

It is decided, then.

In order to avoid collateral damage to innocent readers, I will deliver the Exemplary Lesson to @JayJuanGee by private message.  If he never shows up again in this forum, you will all know why.  If he survives (and I sincerely hope that he will), perhaps he will recover enough to tell you all how bad it was.  In either case, all the other sinners out there will have a chance to repent.

LMAO!!!!!! Ohh I just had a grand realization - that notorious 'Final Lesson' Jorge has been warning us about in ominous terms since months now must be a candid pic of his decrepifying behind scantily clad in a hula skirt while doing a literal round of the 'spinning' he'd always been accused of doing here - a sight sure to indeed leave even most internet-hardened veterans scarred for life  Prof., you must show mercy ahahaa

[..]

I found it to just be a continuation of the same thing that I had been accusing him.. non-responsive to my concerns about his intentionally spreading misinformation here.  Probably, we should NOT be calling him professor b/c that gives way too much credence to him and many of his non-sense posts...

[..]

Nahh, we may yet title him 'Prof.' merely as a tongue-in-cheek address in much the same way one humors a disheveled old homeless street joker in the Brooklyn subway  

(Sorry Jorge I don't intend to be so mean - it's just teasing you is so irresistible  ;p)

[BitChick]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option! 

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!   

[pjviitas]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option! 

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!   

why?

[BitChick]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option!  

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!    

why?

I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising.  There will come a day when I will cash some of the coins out.  Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.

[pjviitas]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option!  

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!    

why?

I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising.  There will come a day when I will cash some of the coins out.  Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.

ok so your actually still speculating then

[Raystonn]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option! 

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!   

why?

Most holders do so with the goal of increasing their wealth.  The current USD/BTC price is the current measure of that wealth.  It follows that holders would very much care about USD/BTC price at all times, as they care about the value of their wealth at all times.

I should create an Android app/widget that displays wealth based on BTC holdings multiplied by USD/BTC liquidation price.  

[pjviitas]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option!  

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!    

why?

I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising.  There will come a day when I will cash some of the coins out.  Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.

ok so your actually still speculating then

I have other investments which I am "holding" and sometimes go as long as 6 months between price checks

[pjviitas]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option! 

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!   

why?

Most holders do so with the goal of increasing their wealth.  The current USD/BTC price is the current measure of that wealth.  It follows that holders would very much care about USD/BTC price at all times, as they care about the value of their wealth at all times.

I should create an Android app/widget that displays wealth based on BTC holdings multiplied by USD/BTC liquidation price.  

I just thought holders where more set-it-and-forget-it laid back types.

In any event what I was originally getting at is that people that buy and sell bitcoin on a regular basis usually get burned at one time or another...part of the learning curve.

[Guinpen]

I'll just leave this here for all of those who miss Clarkmoody's BingBong sounds:
http://bitcoinsounds.0x3d.lu/

This started out as a little dirty hack for myself but as Bitcoin is quite boring today I polished it a little and so with this post consider it as released!

Awesome!!

Would you by any chance consider publishing the source code?

[ChartBuddy]

Explanation

[BitChick]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option!  

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!    

why?

I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising.  There will come a day when I will cash some of the coins out.  Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.

ok so your actually still speculating then

I have other investments which I am "holding" and sometimes go as long as 6 months between price checks

Other investments probably don't increase (or decrease) in value as fast as Bitcoin can. 

Because there are intervals in which we will sell (using the SSS plan that can be found on this board) I need to be vaguely aware of the price for that reason.  But I think it just becomes a bit addicting watching the price!  I need to find another hobby!   

[pjviitas]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option!  

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!    

why?

I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising.  There will come a day when I will cash some of the coins out.  Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.

ok so your actually still speculating then

I have other investments which I am "holding" and sometimes go as long as 6 months between price checks

Other investments probably don't increase (or decrease) in value as fast as Bitcoin can. 

Because there are intervals in which we will sell (using the SSS plan that can be found on this board) I need to be vaguely aware of the price for that reason.  But I think it just becomes a bit addicting watching the price!  I need to find another hobby!   

interesting...tell me more about this sss plan

[JorgeStolfi]

Curiosity: The OKCoin note (1008440) seems to come from their blog.  Note 1008442 seems to be a question by a customer:

https://www.okcoin.com/t-1008442.html

标题:停了银行卡汇款。充值码最小一万怎么办？
【紧急通知】OKCoin平台防诈骗指南 1#发表于:2014-04-18 22:05:19  - IP:112.241.*.*

停了银行卡汇款。充值码最小一万怎么办？难道不让小散玩了？

Title: Stop the bank card payment. Minimum ten thousand recharge code how to do?
[emergency notification] OKCoin platform Fraud Guide # 1 Posted :2014-04-18 22:05:19 - IP:. 112.241 * *.

Stop the bank card payment. Minimum ten thousand recharge code how to do? Do not let small, scattered play?

If I understand correctly, their "recharge code" alternative has a 10,000 CNY minimum, and, since bank transfers are closed, the client is asking how one can do occasional trading with small amounts.

[BitChick]

I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.

duh...ya...thats been everybody on here at one time or another.  Its part of the learning curve.

Everyone?  If you don't trade you can't short and get burned.  This is why holding is always a great option!  

Hubby and I have just been buying and holding for a little over a year now.

I am not talking about holders...I am talking about people that actually care about the day to day price of bitcoin

As a "holder" I still totally care about the day to day price!    

why?

I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising.  There will come a day when I will cash some of the coins out.  Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.

ok so your actually still speculating then

I have other investments which I am "holding" and sometimes go as long as 6 months between price checks

Other investments probably don't increase (or decrease) in value as fast as Bitcoin can. 

Because there are intervals in which we will sell (using the SSS plan that can be found on this board) I need to be vaguely aware of the price for that reason.  But I think it just becomes a bit addicting watching the price!  I need to find another hobby!   

interesting...tell me more about this sss plan

https://bitcointalk.org/index.php?topic=345065.0

[Equus]

As a "holder" I still totally care about the day to day price!    

why?

So we can decide when to buy more!

[BitChick]

As a "holder" I still totally care about the day to day price!    

why?

So we can decide when to buy more!

That's true too!     Although I am getting low on fiat.  I am now Bitcoin "rich" and fiat "poor." 

[JorgeStolfi]

PS. OKCoin's response to that client question, right below it, apparently says that they have only one broker for their recharge code system, and his minimum is "1 W" (一万 = Yi wàn = one wan = 10,000); but they expect to have more brokers eventually.

您好，目前只有一个代理商，充值最小额度是一W，后续会增加小额代理，方便更多用户充值，感谢您对OK的支持
谢谢！

[Raystonn]

PS. OKCoin's response to that client question, right below it, apparently says that they have only one broker for their recharge code system, and his minimum is "1 W" (一万 = Yi wàn = one wan = 10,000); but they expect to have more brokers eventually.

您好，目前只有一个代理商，充值最小额度是一W，后续会增加小额代理，方便更多用户充值，感谢您对OK的支持
谢谢！

Tough on the little guy.  That actually makes me think we could be close to breaking out big to the upside.  If the big players can keep the 99% out, the market is going up.