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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484728 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.)
N12
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October 05, 2014, 06:54:36 PM

People act is if it's going to kill them if they have to hold an investment for two years. I let Vanguard convince me to hold on to GNMA securities for five years and only made 2.54%.
This. No-one ever lost money holding BTC for a year.
This is untrue. Check out 2011-2012, multiple points holding a year there would have left you at a loss. Stop spreading falsehoods.
TsuyokuNaritai
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October 05, 2014, 06:55:05 PM

People act is if it's going to kill them if they have to hold an investment for two years. I let Vanguard convince me to hold on to GNMA securities for five years and only made 2.54%.
This. No-one ever lost money holding BTC for a year.
um you may want to go back to the 2011 chart...
Look again. Name your 2 dates one year apart.
robinwilliams
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October 05, 2014, 06:55:12 PM

TooDumbForBitcoin
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October 05, 2014, 06:55:21 PM

I just cannot understand and comprehend why 98% of all the users in this thread are wanting to buy more BTC at the current levels when all the signals, trend, all point to a lower BTC.

Right now there is no reason to go long, only short.


Why is everybody guessing with their financial situation?

Are there error bars on these data points?
600watt
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October 05, 2014, 06:55:26 PM

i guess if bitcoin survives this slaughtering, every investor worlwide has to put it on the agenda.

i 'm kinda shellshocked, didn't even had time to reach the cold storage.

so no free lunch i guess.
QuestionAuthority
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October 05, 2014, 06:55:32 PM

I just cannot understand and comprehend why 98% of all the users in this thread are wanting to buy more BTC at the current levels when all the signals, trend, all point to a lower BTC.

Right now there is no reason to go long, only short.


Why is everybody guessing with their financial situation?

Because we have more money than you do. lol
ElectricMucus
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October 05, 2014, 06:55:47 PM

People act is if it's going to kill them if they have to hold an investment for two years. I let Vanguard convince me to hold on to GNMA securities for five years and only made 2.54%.
This. No-one ever lost money holding BTC for a year.

Until the first sucker for which it's not true anymore.
hmmmstrange
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October 05, 2014, 06:56:11 PM

People act is if it's going to kill them if they have to hold an investment for two years. I let Vanguard convince me to hold on to GNMA securities for five years and only made 2.54%.
This. No-one ever lost money holding BTC for a year.

Will you be able to say that in 30 days?
DonQuijote
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October 05, 2014, 06:57:06 PM

People act is if it's going to kill them if they have to hold an investment for two years. I let Vanguard convince me to hold on to GNMA securities for five years and only made 2.54%.
You are going to profit 1000x for hodling bitcoin 5 years  Grin
But we can increase the amount before hold
noobtrader
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October 05, 2014, 06:57:14 PM

half of swap that i offer at bitfinex was returned. is it good ?  Huh
roslinpl
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October 05, 2014, 06:57:21 PM

BTC


Those drops are showing clearly who is here for profit and who just love BTC.
Hunyadi
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October 05, 2014, 06:58:46 PM

Nice buying in Stamp.
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October 05, 2014, 06:58:52 PM

I was out for tea -- yes, I am studying in England so they really do such things here -- when Stamp and BFX cratered to $275. What was the sentiment on the floor. There seems to have been a nice little bump up thereafter, but I am getting the impression that people don't feel the bottom is in, yet. Any thoughts?

My solid and firm answer: I don't know.

Thanks man. Yea, it looks like about $2 to $2.5 million in swaps fell off the board in that downdraft. Quite a bit, but not catastrophic like I was hoping (that's the wrong word... but catastrophic enough to be a clear signal). Interesting, interesting, interesting. Thanks man.

Short squeeze next...
podyx
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October 05, 2014, 06:59:04 PM

DAT BOUNCE DOE!!
hd060053
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October 05, 2014, 06:59:06 PM

look at that buy power, it was only the silk road crash, now we go to next ATH Smiley
NotLambchop
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October 05, 2014, 06:59:13 PM

Rocketry again?
inca
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October 05, 2014, 06:59:22 PM

Just bought. Let's roll the dice!
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October 05, 2014, 06:59:27 PM

People, price is about to go moon.
I sold some and placed a buy order at 184.
Usually this means price will go up immediately.
I told you so.
Price is jumping like a maniac!
Schickeria
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October 05, 2014, 06:59:33 PM

The thing I don't like about the 30000 ask wall is that is the moment when the manipulator shows his hand.  Every one  panics at first, but then a feeling of temporary relief comes in and people tell themselves "don't worry, everything is fine, now we all know for sure that this crash is really just manipulation and nothing more".  People become confident and maybe even start placing bids.  Why would the manipulator prove to the whole world that the dumping is just manipulation and nothing more?  Wouldn't that make his accumulation harder?

It is done for one last good size dump so that he can accumulate his final coins. He would be foolish to put up the wall again. Somebody might be lurking, ready to take out the wall then he will lose his coins.
 
Why people are selling now is beyond comprehension.

About 30 times a day here i read about the whale or whales that are accumulating. Not once has someone shown me any evidence that this is the case. Will you be the first?

Check it out, he is accumulating right now.

I understand that you prefer to fool yourself but i prefer proof. Got any?

Sometimes our friend ShroomsKit is talking very reasonable  Smiley

Accumulation or not...no proof of it, so it is not more than a rumor.

A rumor?!

Buy, buy, buy! Cheesy
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October 05, 2014, 07:00:05 PM

What the fuck just happened???
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