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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370658 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. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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September 23, 2014, 11:01:21 AM


Explanation
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ShroomsKit
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September 23, 2014, 11:04:08 AM


I'm sorry to have to explain this to you but drawling lines on charts doesn't work.
Mervyn_Pumpkinhead
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September 23, 2014, 11:05:02 AM

no no.

I am not leaving you, just keeping my precious fiat for now.

Smart choice. If the future is uncertain, then always choose the safe way.
It's always better not to win money, then to lose money. Bagholders get emotionally to attached to the fairy tales of easy riches, and that makes them too acceptable to risk. Success in speculative trading is in small but constant winnings, not about big blind risks.
thetruth123123
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September 23, 2014, 11:24:03 AM

At least we can enjoy some cheap coins for a while.
Tzupy
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September 23, 2014, 11:33:47 AM

12h MACD suggests upcoming testing (major, I doubt it will break) of resistance at 430$ again.
piyany
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September 23, 2014, 11:55:16 AM

Who else wishes they shorted bitcoin when it was 500-600$ with maximum leverage shouting 'f*ck you bitcoin'?
Biontic
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September 23, 2014, 11:59:05 AM


I'm sorry to have to explain this to you but drawling lines on charts doesn't work.

No apology required Shroomy  Wink - but thanks - not my lines btw - just thought it sufficiently interesting to share it here...
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September 23, 2014, 12:01:21 PM


Explanation
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September 23, 2014, 12:01:34 PM

Who else wishes they shorted bitcoin when it was 500-600$ with maximum leverage shouting 'f*ck you bitcoin'?
I find imagining what I might have done when it comes to bitcoin one of the most mentally unhealthy pass times available to me.  
Sandia
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September 23, 2014, 12:15:37 PM

Who else wishes they shorted bitcoin when it was 500-600$ with maximum leverage shouting 'f*ck you bitcoin'?

Give me $20, a copy of the daily chart, send me back in time 3 years and I would be a billionaire.  (5 years would be too easy.)

The hard part is the present: will be break up or down?  Later, everyone will say they wish they had position x at this time.  But right now, it is impossible to know what to do.
spiderbrain
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September 23, 2014, 12:19:42 PM

Give me $20, a copy of the daily chart, send me back in time 3 years and I would be a billionaire. 
So true. What's annoying is when you seriously thought about whether to do X or Y at the time and could have been 50x richer had you chosen Y a few more times. Still, I can't complain, I've gotten a few more Y's than most it seems. 
Erdogan
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September 23, 2014, 12:23:14 PM

Who else wishes they shorted bitcoin when it was 500-600$ with maximum leverage shouting 'f*ck you bitcoin'?

Not me. It was risky then, it is risky now. The fact that was a success seen after the fact, does not make it less risky. With leveraged shorts, you can lose everything in one day.

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September 23, 2014, 12:28:28 PM


I'm sorry to have to explain this to you but drawling lines on charts doesn't work.

lol

I agree, everytime I see someone post one of these dumb fuckin charts I want to do one myself with rainbows and unicorns, but I cba.

If it was a case of being that easy to predict everyone in the world who owned a ruler would be a gazillionaire
karol
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September 23, 2014, 12:30:52 PM

Who else wishes they shorted bitcoin when it was 500-600$ with maximum leverage shouting 'f*ck you bitcoin'?

Not me. It was risky then, it is risky now. The fact that was a success seen after the fact, does not make it less risky. With leveraged shorts, you can lose everything in one day.



Agree that You may lose funds, but don't agree with statement that shorts are more dangerous than longs - it is opposite.

When You open long position with laverage You can lose the same as it is in short position even more becouse price falling is lot faster than growing.
AirFlame
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September 23, 2014, 12:39:27 PM

The only way to stop BTC price down is to hold. One person will not make a difference but 100.000 people will make. Take a paper !

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September 23, 2014, 12:43:05 PM

Who else wishes they shorted bitcoin when it was 500-600$ with maximum leverage shouting 'f*ck you bitcoin'?

Give me $20, a copy of the daily chart, send me back in time 3 years and I would be a billionaire.  (5 years would be too easy.)

The hard part is the present: will be break up or down?  Later, everyone will say they wish they had position x at this time.  But right now, it is impossible to know what to do.


It's just simple. Either bitcoin is here to stay or it isn't.
If it's here to stay, we are just beginning.
If it isn't, get the hell out of here.
MrPiggles
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September 23, 2014, 12:53:55 PM

I just sold $6000 worth of bitcoin because I need it in a hurry.  Cry
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September 23, 2014, 01:00:08 PM

TA with dinosaurs totally works.
ChartBuddy
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September 23, 2014, 01:01:22 PM


Explanation
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September 23, 2014, 01:11:45 PM

Goodbye Bitcoin it was nice knowing you !!!

Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!
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