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

[AirFlame]

Ok it go up now if it get over $428 we will have a new bottom for now If not it will fall again. to 390-400

[RoadStress]

Up!

I have a question for people who bought in October/December last year and sold on this dip: How is this dip any different from the one on 17 December when the exchange rate was ~380$? Why sell now and not back then? What about the $343 dip in April? What's different now?

[Ultros]

I hope that momentum push us high enough to test that wall @ 464. Not like I don't think we won't drop back no matter what, but I want to know if it's real once and for all.

[JayJuanGee]

So, it sounds as if through the passage of time you made some profits with your BTC, but frequently you cashed out early... Accordingly, frequently, you were NOT very well invested in BTC during various BTC price spikes.

So, currently, what is your approximate BTC holdings and what is your approximate price per BTC... including various administrative/transaction costs??

Absolutely. I just got out too early.

I could have bought that snowboard with other funds, but I lost faith in Bitcoin and decided that I should just sell all of what I had and at least get something out of the exercise.
 
Then I forgot about Bitcoin (had a normal life you might say) until about halfway into the run up to the ~$250 peak - I started up mining using my own electricity and also sent some fiat to Gox around the time it went through $100 for the first time. So that's when I first started actually incurring any costs.

Of the coins I purchased from exchanges, my avg buy price is over $400 AUD. I have another, much fatter, wallet with coins from alt trading/mining, gambling winnings, etc that really only cost me my time. I also bought a BTC mining contract from CloudHashing that (with prices this low) has not returned on the initial investment.

Surely each of us has his/her own inclinations when it comes to keeping track of financial specifics, and I personally created an excel spreadsheet to keep track of a large number of variables in respect to each BTC that I transact (buy, sell or trade), that way I have a running tally on my price per BTC for each transaction and also overall running average prices per BTC on any particular date.   Surely, if you have acquired some BTC (even a majority of BTC) for zero or NO costs, then that is going to considerably bring down your average cost per BTC.

I am NOT mining, but surely if I were mining, I would add into my excel spreadsheet any costs associated with mining, including electricity costs, and/or machinery and/or accessories costs. 

So far, whenever I have purchased anything with BTC, I have kept track of those purchases within my excel spreadsheet, but I have also engaged in purchasing behavior in order to preserve the size of my BTC holdings (in other words, so far, due to my BTC replacement practice, my BTC purchases have NOT caused my BTC holdings' quantity to go down.. NOT so far).

[akujin]

wow.. I just poop in the toilet for an hour and stamp hits 427  

[Buffer Overflow]

wow.. I just poop in the toilet for an hour and stamp hits 427  

An hour? You need more fibre in your diet.

[Pala_00]

wow.. I just poop in the toilet for an hour and stamp hits 427  

An hour? You need more fibre in your diet.

jesus...

[akujin]

wow.. I just poop in the toilet for an hour and stamp hits 427  

An hour? You need more fibre in your diet.

[JayJuanGee]

Up!

I have a question for people who bought in October/December last year and sold on this dip: How is this dip any different from the one on 17 December when the exchange rate was ~380$? Why sell now and not back then? What about the $343 dip in April? What's different now?

Your scenario is NOT very clear...

But you are suggesting people who bought at the high in the $1,100 territory selling NOW, but NOT selling on December 17. 

I doubt that there are very many people who meet that narrow category who may have done nothing between then and NOW and just HODLed for 9 months then panicked... sounds a little ridiculous and like you are just trolling or attempting to engage in unnecessary provocative and unproductive drama regarding answers that you could easily figure out yourself with a little bit of attempt at empathizing (by mentally putting yourself in those kinds of shoes).

[magicmexican]

You bite BTC and BTC bites back my man, dayum


Wasnt even 350 on btc-e, what is this bullish nonsense?

[RoadStress]

Up!

I have a question for people who bought in October/December last year and sold on this dip: How is this dip any different from the one on 17 December when the exchange rate was ~380$? Why sell now and not back then? What about the $343 dip in April? What's different now?

Your scenario is NOT very clear...

But you are suggesting people who bought at the high in the $1,100 territory selling NOW, but NOT selling on December 17. 

I doubt that there are very many people who meet that narrow category who may have done nothing between then and NOW and just HODLed for 9 months then panicked... sounds a little ridiculous and like you are just trolling or attempting to engage in unnecessary provocative and unproductive drama regarding answers that you could easily figure out yourself with a little bit of attempt at empathizing (by mentally putting yourself in those kinds of shoes).

Yes you got it. I don't think that this scenario is so narrow. Here is another one. Anyone that bought between 22 December and 20 March and hasn't sold on the big April dip, but sold it at any other point after April. There must be some...

[simmo77]

Surely each of us has his/her own inclinations when it comes to keeping track of financial specifics, and I personally created an excel spreadsheet to keep track of a large number of variables in respect to each BTC that I transact (buy, sell or trade), that way I have a running tally on my price per BTC for each transaction and also overall running average prices per BTC on any particular date.   Surely, if you have acquired some BTC (even a majority of BTC) for zero or NO costs, then that is going to considerably bring down your average cost per BTC.

I am NOT mining, but surely if I were mining, I would add into my excel spreadsheet any costs associated with mining, including electricity costs, and/or machinery and/or accessories costs.  

So far, whenever I have purchased anything with BTC, I have kept track of those purchases within my excel spreadsheet, but I have also engaged in purchasing behavior in order to preserve the size of my BTC holdings (in other words, so far, due to my BTC replacement practice, my BTC purchases have NOT caused my BTC holdings' quantity to go down.. NOT so far).

Yeah I've got a spreadsheet as well (but probably less free time than you   it really needs to be updated) - I know where I'm at, and at what price I will *actually* start worrying.


For me, the brown underpants stay in the drawer until we see the low 200s.

[edwardspitz]

What I'm currently looking at:



Ghost (H&S) pattern from Stamp is not confirmed. Looking at Bitfinex volume is quite high on the right side (compared to Stamp). Watch out for disappearing bid-support and dumping.

[AirFlame]

What I'm currently looking at:



Ghost (H&S) pattern from Stamp is not confirmed. Looking at Bitfinex volume is quite high on the right side (compared to Stamp). Watch out for disappearing bid-support and dumping.

Nice stats what Program You use ?

[NotLambchop]

Gentlemen!  Rocketry?

[ChartBuddy]

Explanation

[edwardspitz]

What I'm currently looking at:



Ghost (H&S) pattern from Stamp is not confirmed. Looking at Bitfinex volume is quite high on the right side (compared to Stamp). Watch out for disappearing bid-support and dumping.

Nice stats what Program You use ?

It is from TradingView (so you probably know it). Lots of wild ideas about bitcoin predictions there Data from Stamp is fairly close to real-time, it is free to use, and very good if you are into TA. Pretty awesome service

[Malin Keshar]

All that manipulation and pump and dumps are making me feel like I was in the Wolf of Wall Street movie.


But without the millions in my pocket

[AirFlame]

What I'm currently looking at:



Ghost (H&S) pattern from Stamp is not confirmed. Looking at Bitfinex volume is quite high on the right side (compared to Stamp). Watch out for disappearing bid-support and dumping.

Nice stats what Program You use ?

It is from TradingView (so you probably know it). Lots of wild ideas about bitcoin predictions there Data from Stamp is fairly close to real-time, it is free to use, and very good if you are into TA. Pretty awesome service

Wow good nose You have. They are dumping Good Work !

[Pala_00]

They are dumping Good Work !