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

[JayJuanGee]

And, Yes, I was one of those that by the time prices reached the mid-to-upper $600s in June,  I thought that prices were never returning to the $300s, and once prices got into the lower $400s, I thought NO way they were going to go below about $360, and as we know the price went lower than both of those points.  

I sold my friend's and my sister's coins (all of it) during those 650-ish days, cashed out their fiat and gave them an advise to buy gold instead (which they fully ignored).

I kept my coins because I figured I can mitigate the possible losses by some conservative margin trading (ride the big waves only but do ride those) and I can easily take the remaining risk because the potential is very high. But it's have the potential to get too hectic.

So are they currently underwater and pissed off about bitcoin?

[NotLambchop]

...
I kept my coins because I figured I can mitigate the possible losses by some conservative margin trading (ride the big waves only but do ride those) and I can easily take the remaining risk because the potential is very high. But it's have the potential to get too hectic.

Fun activities, everyone!

I tried my best but I give up.

Great Job janos!
The best thing about the interweb is there's alway plenty more where that came from.

[Newbie1022]

Crash-'O-Clock starting in 3-2-1... cut your loose, now.

[Searing]

well this whole slip sliding away till the next panic dump every couple weeks is getting quite old imho

just saying


but things will be better when KNC attains its long term goal of 20% of the mining network with their data hall projects

right? (ducks hey don't throw stuff in shout box)

[janos666]

Great Job janos!
The best thing about the interweb is there's alway plenty more where that came from.

Nah. Thanks, but I think I am sleepy enough after the last one.

But... should I close that short before going to sleep or keep it opened for some more ... weeks?

China seems to divine that answer out of it's fake nature soon.
Sometimes I wonder if China even exist since so much fake stuff is coming from there.

[mmitech]

well this whole slip sliding away till the next panic dump every couple weeks is getting quite old imho

just saying


but things will be better when KNC attains its long term goal of 20% of the mining network with their data hall projects

right? (ducks hey don't throw stuff in shout box)

you keep talking about KNC, the funny thing is that no one really cares about them here, some of us here don't even know what is KNC or what are their products.

[barbs]

I'm buying with both hands. Wiring money over to buttstamp. Yolo

[DaRude]

...
I kept my coins because I figured I can mitigate the possible losses by some conservative margin trading (ride the big waves only but do ride those) and I can easily take the remaining risk because the potential is very high. But it's have the potential to get too hectic.

Fun activities, everyone!

I tried my best but I give up.

Great Job janos!
The best thing about the interweb is there's alway plenty more where that came from.

Lol think Thomas the tank is another cartoon

[ChartBuddy]

Explanation

[Biffa]

well this whole slip sliding away till the next panic dump every couple weeks is getting quite old imho

just saying


but things will be better when KNC attains its long term goal of 20% of the mining network with their data hall projects

right? (ducks hey don't throw stuff in shout box)

you keep talking about KNC, the funny thing is that no one really cares about them here, some of us here don't even know what is KNC or what are their products.

Searing is worried that if they are mining 20% of the network, they are dumping around 700 BTC a day at whatever price they can get, constantly driving the price down.

[mmitech]

well this whole slip sliding away till the next panic dump every couple weeks is getting quite old imho

just saying


but things will be better when KNC attains its long term goal of 20% of the mining network with their data hall projects

right? (ducks hey don't throw stuff in shout box)

you keep talking about KNC, the funny thing is that no one really cares about them here, some of us here don't even know what is KNC or what are their products.

Searing is worried that if they are mining 20% of the network, they are dumping around 700 BTC a day at whatever price they can get, constantly driving the price down.

Worried about that 700BTC a day ? how about the other 13 million BTC waiting aside, the owners could change their minds and panic any day.

[dakota neat]

bears like

[inca]

I'm buying with both hands. Wiring money over to buttstamp. Yolo

Hopefully we can hang on below 400 before my next purchase.

Edit: hopefully a few more shorts opened up on that dump.

[NotLambchop]

I'm buying with both hands. Wiring money over to buttstamp. Yolo

Hopefully we can hang on below 400 before my next purchase.

Sounds like a safe bet.  When r u planning 2 buy?

[inca]

I'm buying with both hands. Wiring money over to buttstamp. Yolo

Hopefully we can hang on below 400 before my next purchase.

Sounds like a safe bet.  When r u planning 2 buy?

When the salary clears. I tend only 'trade' when I see a big drop (bought at 300, sold out original stake at 399). I add monthly 5 - 10 coins as a 'dollar cost average'.

Edit: Far more fun being a long term holder IMO. My job makes checking the price occasionally impossible for many hours at a time.

[Sitting Bull]

bears like
http://www.quickmeme.com/img/82/82d3e46fe7c13e1c21ed0586ac2faa8298ee1516e54d04355d60af2d1c5a3fd4.jpg

http://www.youtube.com/watch?v=YRKhTvUUYMI

[NotLambchop]

...bought at 300, sold out original stake at 399...

Every bull here bought @300 & sold at 400.  ...while always being "all in."
Your expertly timed paycheck cleared just as that 300 sell wall popped up.
gg

[inca]

...bought at 300, sold out original stake at 399...

Every bull here bought @300 & sold at 400.  ...while always being "all in."
Your expertly timed paycheck cleared just as that 300 sell wall popped up.
gg

It is documented on this very thread that I bought in at 301 or thereabouts with a big tranche of cash. It is well documented on this forum I am a bull and long term holder.

Your motivations are more shadowy

[BlindMayorBitcorn]

Me: Good morning, Bitcoin:D
Bitcoin: *dump dump dump dump* Oh, hi..

[ChartBuddy]

Explanation