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

[pjviitas]

No, thank you, I sold at 800 and recently at 550.

even if the price in fact reached 550 recently, that would not be a convincing tale. perhaps try 540?

It went above 550, I trade at Btc-e. Maybe you should try a new pair of glasses.

If you are being pedantic then I sold at some 548 or something like that, and that too not together. I have staggered buys and sells.

There is nothing wrong in being bullish. Keeping on saying it is going to the moon, do not sell when price was 1000 was just stupid.

+1

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[JayJuanGee]

This board is so bullish its amazing. A testimony to bitcoin indeed.

I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.

But I know that's not a complete picture.

Some of us have learned how to be bullish at all times.  

Learn me how, i need that optimizm

Hold for a year and after a couple of bull runs you will understand how Bitcoin is the "honey badger" of money. 

It was a real pleasure seeing you urging everyone not to sell as Bitcoin came down slowly from 800.

With Bitcoin reaching new all time highs once or twice a year I think it is wise to hold, even for those that purchased at $800 or even $1200.

However, if you want to sell go ahead!

No, thank you, I sold at 800 and recently at 550.

Carra23:  You must have some kind of inferiority complex if you get pleasure out of seeing some other people do worse than you, and then you feel some kind of need to "rub it in"

I doubt that you are particularly omniscent.  And, if it is true, being in fiat may NOT be the right way to go... that is if you are all in fiat or if you are planning to reinvest in BTC.

[pjviitas]

This board is so bullish its amazing. A testimony to bitcoin indeed.

I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.

But I know that's not a complete picture.

Some of us have learned how to be bullish at all times.  

Learn me how, i need that optimizm

Hold for a year and after a couple of bull runs you will understand how Bitcoin is the "honey badger" of money. 

It was a real pleasure seeing you urging everyone not to sell as Bitcoin came down slowly from 800.

With Bitcoin reaching new all time highs once or twice a year I think it is wise to hold, even for those that purchased at $800 or even $1200.

However, if you want to sell go ahead!

No, thank you, I sold at 800 and recently at 550.

Carra23:  You must have some kind of inferiority complex if you get pleasure out of seeing some other people do worse than you, and then you feel some kind of need to "rub it in"

I doubt that you are particularly omniscent.  And, if it is true, being in fiat may NOT be the right way to go... that is if you are all in fiat or if you are planning to reinvest in BTC.

what's the big deal...let the guy make some money off bitcoin...last time I checked making a buck is still legal in the western world.

[Carra23]

I doubt that you are particularly omniscent.  And, if it is true, being in fiat may NOT be the right way to go... that is if you are all in fiat or if you are planning to reinvest in BTC.

Not all. I stagger my trades, and you do not know which is top or bottom.

I am rubbing it in because this place was full of posts attacking anybody who tried give a sensible point. I use the various analysis given here and the charts posted, and all the abuse means some posters may not have posted. It also some foolish ones stupidly buy in because you have pages after pages of pictures of trains.

[JayJuanGee]

This board is so bullish its amazing. A testimony to bitcoin indeed.

I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.

But I know that's not a complete picture.

Some of us have learned how to be bullish at all times.  

Learn me how, i need that optimizm

Hold for a year and after a couple of bull runs you will understand how Bitcoin is the "honey badger" of money. 

It was a real pleasure seeing you urging everyone not to sell as Bitcoin came down slowly from 800.

With Bitcoin reaching new all time highs once or twice a year I think it is wise to hold, even for those that purchased at $800 or even $1200.

However, if you want to sell go ahead!

No, thank you, I sold at 800 and recently at 550.

Carra23:  You must have some kind of inferiority complex if you get pleasure out of seeing some other people do worse than you, and then you feel some kind of need to "rub it in"

I doubt that you are particularly omniscent.  And, if it is true, being in fiat may NOT be the right way to go... that is if you are all in fiat or if you are planning to reinvest in BTC.

what's the big deal...let the guy make some money off bitcoin...last time I checked making a buck is still legal in the western world.

Did anyone say that there is anything wrong with making a buck? 

 

[bitcoinsrus]

I doubt that you are particularly omniscent.  And, if it is true, being in fiat may NOT be the right way to go... that is if you are all in fiat or if you are planning to reinvest in BTC.

Not all. I stagger my trades, and you do not know which is top or bottom.

I am rubbing it in because this place was full of posts attacking anybody who tried give a sensible point. I use the various analysis given here and the charts posted, and all the abuse means some posters may not have posted. It also some foolish ones stupidly buy in because you have pages after pages of pictures of trains.

I only have pictures of trains because choo choo mofuckaz!

[ChartBuddy]

Explanation

[JayJuanGee]

I doubt that you are particularly omniscent.  And, if it is true, being in fiat may NOT be the right way to go... that is if you are all in fiat or if you are planning to reinvest in BTC.

Not all. I stagger my trades, and you do not know which is top or bottom.

I am rubbing it in because this place was full of posts attacking anybody who tried give a sensible point. I use the various analysis given here and the charts posted, and all the abuse means some posters may not have posted. It also some foolish ones stupidly buy in because you have pages after pages of pictures of trains.

There is NOTHING wrong with trains... and there is NOTHING wrong with sensible posts.

I would NOT classify your last post of "ha ha ha, i did  better than you," as a sensible or even a useful post.  

But YOU are going to do what you are going to do, and surely, if you have a reasonable prediction about the direction of the market (before it happens), then I am sure plenty of posters here would be interested to hear what you have to say.  If you are merely bragging after the fact, then I do NOT see what purpose that serves, except possibly just an attempt to incite or to insult other posters.

[Hpotsirc]

So on BFX the 2-and 4-hour RSI-Trendline just crossed as well as the 1-/2- and 4-hour OBV-Trendline (slightly). The rest of my indicators are also looking quite good so I am long for now.
Goood night guys  
P.s.: Don't trust in what I'm saying, just a noob here documenting his thoughts  

[solex]

A breakout from this 1-week softening trend is also a decisive break of the 5 month downtrend. Next stop $600.

[BitChick]

This board is so bullish its amazing. A testimony to bitcoin indeed.

I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.

But I know that's not a complete picture.

Some of us have learned how to be bullish at all times.  

Learn me how, i need that optimizm

Hold for a year and after a couple of bull runs you will understand how Bitcoin is the "honey badger" of money.  

It was a real pleasure seeing you urging everyone not to sell as Bitcoin came down slowly from 800.

With Bitcoin reaching new all time highs once or twice a year I think it is wise to hold, even for those that purchased at $800 or even $1200.

However, if you want to sell go ahead!

No, thank you, I sold at 800 and recently at 550.

I tried to trade with a small amount early on and got burned and realized I would have been better of just holding.  But some of you are really good at it.  I applaud that and hope it all works out.  It is just that the market is sometimes a little unpredictable.

Also, I thought about selling some at $1000 but there were tax reasons not to last year for us.  Sometimes things are not always that simple.

[keithers]

Both BTC and LTC have been relatively flat over the past few days.   Obviously this is much better than a steep decline, and stability reflects well on the entire ecosystem, but with the mass amount of adoption and new BTC business coming into the market every day, I think we are due for a re-adjustment in price levels (upwards).   

[seleme]

What's up guys, are perma bears getting nervous yet?

Is it time to buy, buy, buy? 

[ChartBuddy]

Explanation

[keithers]

What's up guys, are perma bears getting nervous yet?

Is it time to buy, buy, buy? 

It's funny, whenever there is a poll, it is flooded with super bulls or super bears...Always the absolute tops and bottoms of the ranges have the most votes.

[adamstgBit]

What's up guys, are perma bears getting nervous yet?

Is it time to buy, buy, buy?  

they should be nervous

its impossible to say the trend has reversed until it clearly has, i'm thinking things will become way clearer in about 48hours

I foresee a melt up to 500+ in < 8hours, then volume will start to pick up and we will have our blast off targeting 590-610, baby steps on the long journey to the moon.

I see no reason we won't see this, I haven't been paying attention for a while ( was AFK for a week!  ) , but to me it seems the news has been gr8, appearly china unbanned bitcoin!? is this true? in any case, I'd say < 500$ reflects china pretty much priced out, so ya price has only one way to go now. 

[billyjoeallen]

We have the advantage of seeing volume. If we get a double bottom on high volume, I'll buy my ass off. That hasn't happened yet.

[adamstgBit]

[bitcoinsrus]

We have the advantage of seeing volume. If we get a double bottom on high volume, I'll buy my ass off. That hasn't happened yet.

The thought of a double bottom 

[adamstgBit]

We have the advantage of seeing volume. If we get a double bottom on high volume, I'll buy my ass off. That hasn't happened yet.

The thought of a double bottom 

that is FOR SURE Bottom