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Author Topic: rpietila Wall Observer - the Quality TA Thread ;)  (Read 907162 times)
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SlipperySlope
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May 01, 2014, 01:28:28 PM
 #3001

So from the posts I read from you on the topic of speculation in recent posts.  The short term expectations is pretty much unknown but it is a good buy time, correct?

That is my opinion as well.

I am buying small amounts almost every workday.
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May 01, 2014, 01:36:30 PM
 #3002

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink


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May 01, 2014, 03:10:21 PM
 #3003

Managed to catch.... $350



Wow. Was it there for a couple of min or even less? My best was ~$364  Smiley
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May 01, 2014, 03:45:29 PM
 #3004

Managed to catch.... $350



Wow. Was it there for a couple of min or even less? My best was ~$364  Smiley

It was there for like 10 minutes
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May 01, 2014, 03:47:26 PM
 #3005

Managed to catch.... $350



Wow. Was it there for a couple of min or even less? My best was ~$364  Smiley

It was there for like 10 minutes

I got a buy at slightly above 350. Good times Cheesy
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May 01, 2014, 03:56:12 PM
 #3006

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

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May 01, 2014, 04:08:46 PM
Last edit: May 01, 2014, 04:24:37 PM by BitChick
 #3007

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

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May 01, 2014, 04:51:02 PM
 #3008

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

I agree that its fairly certain that holding BTC for the long term is savvy move. The rewards will take car of themselves. The risk however I think is something you have to actively manage. I agree no holiday to Disneyland is not a bad thing, even though I'm probably more like your husband as I like a nice thing or two (I stick to the small luxuries though, nice food & drink etc). Over time I've come to see value in ensuring I don't (year again) end up in financial ruin - even if that means sacrificing a percentage of potential future returns.

I say all this with the warmest of hearts, purely from a place of concern for my fellow man (and chick). I'd hate to see that one in a million failure scenario wipe *anyone* out least of all you guys.

Who knows 10 years time we might all meet up in Risto's castle, I'll bring my bitchick and chicklets, and laugh at how I ever doubted it Wink

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
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May 01, 2014, 05:06:52 PM
 #3009

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

I agree that its fairly certain that holding BTC for the long term is savvy move. The rewards will take car of themselves. The risk however I think is something you have to actively manage. I agree no holiday to Disneyland is not a bad thing, even though I'm probably more like your husband as I like a nice thing or two (I stick to the small luxuries though, nice food & drink etc). Over time I've come to see value in ensuring I don't (year again) end up in financial ruin - even if that means sacrificing a percentage of potential future returns.

I say all this with the warmest of hearts, purely from a place of concern for my fellow man (and chick). I'd hate to see that one in a million failure scenario wipe *anyone* out least of all you guys.

Who knows 10 years time we might all meet up in Risto's castle, I'll bring my bitchick and chicklets, and laugh at how I ever doubted it Wink

The only thing our investments will wipe out at this point is BitchicksHusband's early retirement plan, our trip to Disney World, and extra funds for my mission trip to India in the fall.  We haven't mortgaged the house or anything really crazy.  Wink  Pretty much life will be as boring as usual if Bitcoin fails.   Cheesy

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May 01, 2014, 05:25:20 PM
 #3010

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

I agree that its fairly certain that holding BTC for the long term is savvy move. The rewards will take car of themselves. The risk however I think is something you have to actively manage. I agree no holiday to Disneyland is not a bad thing, even though I'm probably more like your husband as I like a nice thing or two (I stick to the small luxuries though, nice food & drink etc). Over time I've come to see value in ensuring I don't (year again) end up in financial ruin - even if that means sacrificing a percentage of potential future returns.

I say all this with the warmest of hearts, purely from a place of concern for my fellow man (and chick). I'd hate to see that one in a million failure scenario wipe *anyone* out least of all you guys.

Who knows 10 years time we might all meet up in Risto's castle, I'll bring my bitchick and chicklets, and laugh at how I ever doubted it Wink

The only thing our investments will wipe out at this point is BitchicksHusband's early retirement plan, our trip to Disney World, and extra funds for my mission trip to India in the fall.  We haven't mortgaged the house or anything really crazy.  Wink  Pretty much life will be as boring as usual if Bitcoin fails.   Cheesy

Thats reassuring Smiley good advice to anyone else reading...

I'm in a similar boat - by design - BTC @ zero wouldnt hurt me really (apart from emotionally!). I'm just lucky that I have ended up with a fair amount dollar wise invested in BTC already. Feels a bit like I'm cheating as I already broke even (and some).

Even though selling up and moving on would give me a nice chunk of cash, its cash I never had so I wouldn't miss it. It's better off sat there. All the while I just continue to work (not too had hard mind), save and see if I can make it the old fashioned way Smiley


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*my posts are not investment advice*
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May 01, 2014, 06:16:36 PM
 #3011

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

I agree that its fairly certain that holding BTC for the long term is savvy move. The rewards will take car of themselves. The risk however I think is something you have to actively manage. I agree no holiday to Disneyland is not a bad thing, even though I'm probably more like your husband as I like a nice thing or two (I stick to the small luxuries though, nice food & drink etc). Over time I've come to see value in ensuring I don't (year again) end up in financial ruin - even if that means sacrificing a percentage of potential future returns.

I say all this with the warmest of hearts, purely from a place of concern for my fellow man (and chick). I'd hate to see that one in a million failure scenario wipe *anyone* out least of all you guys.

Who knows 10 years time we might all meet up in Risto's castle, I'll bring my bitchick and chicklets, and laugh at how I ever doubted it Wink

The only thing our investments will wipe out at this point is BitchicksHusband's early retirement plan, our trip to Disney World, and extra funds for my mission trip to India in the fall.  We haven't mortgaged the house or anything really crazy.  Wink  Pretty much life will be as boring as usual if Bitcoin fails.   Cheesy

Thats reassuring Smiley good advice to anyone else reading...

I'm in a similar boat - by design - BTC @ zero wouldnt hurt me really (apart from emotionally!). I'm just lucky that I have ended up with a fair amount dollar wise invested in BTC already. Feels a bit like I'm cheating as I already broke even (and some).

Even though selling up and moving on would give me a nice chunk of cash, its cash I never had so I wouldn't miss it. It's better off sat there. All the while I just continue to work (not too had hard mind), save and see if I can make it the old fashioned way Smiley



I only ever purchased 10 BTC back last July/Aug when it was $100 and then made a sweet profit last Nov..  All the rest of my BTC I get from mining.. Smiley  I don't buy no stinking BTC    Grin  If it went down to $100 I would probably then buy 10 more..
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May 01, 2014, 09:27:46 PM
 #3012

I've bought a lot in the last month.  Managed to catch a $400, $375 and $350.  Now I just need it to go up before summer vacation since it's our vacation money.  Wink

I love you two. I believe in bitcoin. I admire your balls and resolve. However, sometimes, I do think you have been at the crack pipe Wink

The funny thing is we are super conservative in most things.  Never gamble, don't even drink and I don't think I have ever even seen a "crack pipe" and as far as investing in anything, I am super cheap. (BitchicksHusband is not as cheap and likes nice vacations as well as "quality" over quantity)  That said, I think taking this much risk in Bitcoin would seem out of our character from an outsider's point of view.  It is just that we believe in it that much.  Part of "faith" is being certain of things you hope for.  We are actually fairly certain at this point that Bitcoin will at least have another rally, or two or three.  I think we really feel like there is little risk vs. reward here. Wink And if the worst thing that happens with buying more coin this past month is that the kids miss out on a Summer trip to Disney World, oh well.  It is hot and humid in the Summer there anyways!   Cheesy

I agree that its fairly certain that holding BTC for the long term is savvy move. The rewards will take car of themselves. The risk however I think is something you have to actively manage. I agree no holiday to Disneyland is not a bad thing, even though I'm probably more like your husband as I like a nice thing or two (I stick to the small luxuries though, nice food & drink etc). Over time I've come to see value in ensuring I don't (year again) end up in financial ruin - even if that means sacrificing a percentage of potential future returns.

I say all this with the warmest of hearts, purely from a place of concern for my fellow man (and chick). I'd hate to see that one in a million failure scenario wipe *anyone* out least of all you guys.

Who knows 10 years time we might all meet up in Risto's castle, I'll bring my bitchick and chicklets, and laugh at how I ever doubted it Wink

The only thing our investments will wipe out at this point is BitchicksHusband's early retirement plan, our trip to Disney World, and extra funds for my mission trip to India in the fall.  We haven't mortgaged the house or anything really crazy.  Wink  Pretty much life will be as boring as usual if Bitcoin fails.   Cheesy

Thats reassuring Smiley good advice to anyone else reading...

I'm in a similar boat - by design - BTC @ zero wouldnt hurt me really (apart from emotionally!). I'm just lucky that I have ended up with a fair amount dollar wise invested in BTC already. Feels a bit like I'm cheating as I already broke even (and some).

Even though selling up and moving on would give me a nice chunk of cash, its cash I never had so I wouldn't miss it. It's better off sat there. All the while I just continue to work (not too had hard mind), save and see if I can make it the old fashioned way Smiley



I only ever purchased 10 BTC back last July/Aug when it was $100 and then made a sweet profit last Nov..  All the rest of my BTC I get from mining.. Smiley  I don't buy no stinking BTC    Grin  If it went down to $100 I would probably then buy 10 more..

Electricity is so expensive where we living it is more profitable just to buy. 

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May 01, 2014, 09:33:03 PM
 #3013

I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!   Grin
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May 01, 2014, 09:43:31 PM
 #3014

I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!   Grin

There's a good change we'll hit it again. I'm not sure what Risto's thoughts on that are, but analysis of this giant wedge we're in on the one day charts would indicate we could reach that low in the next few weeks before breaking out. I don't think it will go any lower than that though.

Night gathers, and now my bitcoinwisdom watch begins.
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May 01, 2014, 09:53:04 PM
 #3015

I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!   Grin

There's a good change we'll hit it again. I'm not sure what Risto's thoughts on that are, but analysis of this giant wedge we're in on the one day charts would indicate we could reach that low in the next few weeks before breaking out. I don't think it will go any lower than that though.

Do you think that the April low at $338 was the bottom for this bubble?
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May 01, 2014, 10:10:50 PM
 #3016

I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!   Grin

There's a good change we'll hit it again. I'm not sure what Risto's thoughts on that are, but analysis of this giant wedge we're in on the one day charts would indicate we could reach that low in the next few weeks before breaking out. I don't think it will go any lower than that though.

Do you think that the April low at $338 was the bottom for this bubble?

My guess is yes, but I'm no TA expert (if such a thing exists). I feel like we'll break $400 again sometime this month, but hopefully $338 holds.

Night gathers, and now my bitcoinwisdom watch begins.
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May 01, 2014, 10:36:29 PM
 #3017

I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!   Grin

There's a good change we'll hit it again. I'm not sure what Risto's thoughts on that are, but analysis of this giant wedge we're in on the one day charts would indicate we could reach that low in the next few weeks before breaking out. I don't think it will go any lower than that though.

Do you think that the April low at $338 was the bottom for this bubble?

My guess is yes, but I'm no TA expert (if such a thing exists). I feel like we'll break $400 again sometime this month, but hopefully $338 holds.

I do not think we will ever break $400 again.
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May 01, 2014, 10:38:11 PM
 #3018

*listen*

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May 01, 2014, 10:48:39 PM
 #3019

I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!   Grin

There's a good change we'll hit it again. I'm not sure what Risto's thoughts on that are, but analysis of this giant wedge we're in on the one day charts would indicate we could reach that low in the next few weeks before breaking out. I don't think it will go any lower than that though.

Do you think that the April low at $338 was the bottom for this bubble?

My guess is yes, but I'm no TA expert (if such a thing exists). I feel like we'll break $400 again sometime this month, but hopefully $338 holds.

I do not think we will ever break $400 again.


For what it's worth, I totally agree. 

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May 01, 2014, 11:01:19 PM
 #3020

I'm very happy for all of you that were able to buy at the $350 range but at same time I must admit I'm a little jealous!   Grin

There's a good change we'll hit it again. I'm not sure what Risto's thoughts on that are, but analysis of this giant wedge we're in on the one day charts would indicate we could reach that low in the next few weeks before breaking out. I don't think it will go any lower than that though.

Do you think that the April low at $338 was the bottom for this bubble?

I am quite confident it will go to 350 again. I am keeping a small amount at that range in case it does. Keep in mind its not based on fancy analysis or charts, but things have usually been working out for me.

Sometimes you may end up getting some crazy deal like when it went down to 102 at Btc-e.
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