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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336743 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. (170 posts by 1 users with 9 merit deleted.)
rpietila
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May 21, 2014, 04:39:24 AM

this time, it's launching from 450

my question to you is, when are you selling?

I have a resolution of not selling any below 2000.

I think that's an easy one to keep because the sell zone in the exponential trendline starts at earliest +0.4 points and we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.

I aim to sell at the top only, probably starting at 3000 and when it feels toppy. Apr-2013 my selling plan had just started the day before collapse. Nov-2013 I was too early (675) but managed to sell in bulk. It is hard to know the shape of the bubble top.

The ambitious plan is to buy back the same number of coins in the following crash, and use the proceeds to finish the castle repairs and miscellaneous expenses.
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derpinheimer
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May 21, 2014, 04:40:32 AM

this time, it's launching from 450

my question to you is, when are you selling?

I have a resolution of not selling any below 2000.

I think that's an easy one to keep because the sell zone in the exponential trendline starts at earliest +0.4 points and we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.

I aim to sell at the top only, probably starting at 3000 and when it feels toppy. Apr-2013 my selling plan had just started the day before collapse. Nov-2013 I was too early (675) but managed to sell in bulk. It is hard to know the shape of the bubble top.

The ambitious plan is to buy back the same number of coins in the following crash, and use the proceeds to finish the castle repairs and miscellaneous expenses.

$675?? Too early? That was an excellent point to start selling. Lets be real, a bad point would be $125 Smiley
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May 21, 2014, 05:00:41 AM


Explanation
Bitcoin_is_here_to_stay
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May 21, 2014, 05:07:44 AM

What now - up or down?
windjc
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May 21, 2014, 05:10:22 AM

What now - up or down?

Probably up a little higher - like to 505 or 510, then back down to 460-480 to establish new bottom, imo.
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May 21, 2014, 05:12:31 AM

You mean the rally was caused by this post of mine:

Did you finally buy a bitcoin? No? Then you had nothing to do with the rally.
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May 21, 2014, 05:26:09 AM

So is everybody in agreement? on to the next bubble now, moon time? i have been having my space suit tucked away in the closet for many months now. You guys telling me it is time to take it out?  Grin

One thing is for sure: It's exciting again to get up in the morning and check the price first thing when coffee is in-hand. I had kind-a dropped that habit.
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May 21, 2014, 05:33:10 AM

You mean the rally was caused by this post of mine:

Did you finally buy a bitcoin? No? Then you had nothing to do with the rally.

I did buy a bit, even though I planned not - could not pass up such an amazing vertical growth Wink but now we are flat again ..
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May 21, 2014, 05:35:40 AM

What now - up or down?

Probably up a little higher - like to 505 or 510, then back down to 460-480 to establish new bottom, imo.

I bought some btc for 455-463, sold about have @ 491, wondering whether another half is worth keeping ... Based on your prediction sounds safer to sell, before my easy gains will be eaten. On the other hand, I was always trying to let my winners run - only it is about midnight my time Sad
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May 21, 2014, 05:41:15 AM

You mean the rally was caused by this post of mine:

Did you finally buy a bitcoin? No? Then you had nothing to do with the rally.

Whew! I was worried...  Cheesy

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May 21, 2014, 05:49:56 AM

So is everybody in agreement? on to the next bubble now, moon time? i have been having my space suit tucked away in the closet for many months now. You guys telling me it is time to take it out?  Grin

I broke out the space suit when we crossed 480! We could pull back abit but it's moon time real soon, Im strapped in and ready to go! Cool Cheesy
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May 21, 2014, 05:50:59 AM

What now - up or down?

Probably up a little higher - like to 505 or 510, then back down to 460-480 to establish new bottom, imo.

I bought some btc for 455-463, sold about have @ 491, wondering whether another half is worth keeping ... Based on your prediction sounds safer to sell, before my easy gains will be eaten. On the other hand, I was always trying to let my winners run - only it is about midnight my time Sad

I depends on how often you trade. But I think this train is at least going to 550.

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May 21, 2014, 06:02:15 AM


Explanation
600watt
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May 21, 2014, 06:21:56 AM

So is everybody in agreement? on to the next bubble now, moon time? i have been having my space suit tucked away in the closet for many months now. You guys telling me it is time to take it out?  Grin

One thing is for sure: It's exciting again to get up in the morning and check the price first thing when coffee is in-hand. I had kind-a dropped that habit.



hahaha - that is exactly what i was doing. waking up... getting out of bed... wait - where is the smartphone ?? 

gotta love those 10% days !
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May 21, 2014, 06:22:06 AM

What now - up or down?

Probably up a little higher - like to 505 or 510, then back down to 460-480 to establish new bottom, imo.

I bought some btc for 455-463, sold about have @ 491, wondering whether another half is worth keeping ... Based on your prediction sounds safer to sell, before my easy gains will be eaten. On the other hand, I was always trying to let my winners run - only it is about midnight my time Sad

I depends on how often you trade. But I think this train is at least going to 550.



Normally, I preferred to trade once a year or less Wink. But this sudden rally tempted me into a bout of day trading Wink. But I agree that trend reversal looks convincing pocketed some small gain already, I will keep the rest of them for the time being Smiley I think the bear market is over now - will see.
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May 21, 2014, 06:26:12 AM

Bat shit crazy!  Where's the volume?
Searing
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May 21, 2014, 06:46:59 AM

Bat shit crazy!  Where's the volume?


volume..heh....everyone has drunk the 'kool-aid' and is 'holding'.......this is them buying more bitcoin...

now only if we could get more newbs to drink the kool-aid!!

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May 21, 2014, 06:59:41 AM

this time, it's launching from 450

my question to you is, when are you selling?

I have a resolution of not selling any below 2000.

I think that's an easy one to keep because the sell zone in the exponential trendline starts at earliest +0.4 points and we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.

I aim to sell at the top only, probably starting at 3000 and when it feels toppy. Apr-2013 my selling plan had just started the day before collapse. Nov-2013 I was too early (675) but managed to sell in bulk. It is hard to know the shape of the bubble top.

The ambitious plan is to buy back the same number of coins in the following crash, and use the proceeds to finish the castle repairs and miscellaneous expenses.


sounds like a good plan   Wink

i wonder how this guys projected top is "only" at $ 1356 ??

http://www.geekcipher.com/technology/bitcoin-price-breakout-on-may-20th-2014/

my own guess is a top between $ 3000 and 7000 followed by a 60% drop
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May 21, 2014, 07:00:42 AM


Explanation
Todorius
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May 21, 2014, 07:28:06 AM

this time, it's launching from 450

my question to you is, when are you selling?

I have a resolution of not selling any below 2000.

I think that's an easy one to keep because the sell zone in the exponential trendline starts at earliest +0.4 points and we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.

I aim to sell at the top only, probably starting at 3000 and when it feels toppy. Apr-2013 my selling plan had just started the day before collapse. Nov-2013 I was too early (675) but managed to sell in bulk. It is hard to know the shape of the bubble top.

The ambitious plan is to buy back the same number of coins in the following crash, and use the proceeds to finish the castle repairs and miscellaneous expenses.


sounds like a good plan   Wink

i wonder how this guys projected top is "only" at $ 1356 ??

http://www.geekcipher.com/technology/bitcoin-price-breakout-on-may-20th-2014/

my own guess is a top between $ 3000 and 7000 followed by a 60% drop

I agree with the prognosis of a top anywhere between 3000 and 7000.
I will not start selling below a certain price point, and I don't know how this guy came to the 1356$ ath conclusion, but comparing all the previous trends and bubbles,
there's no way this train will stop so low  Smiley
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