Wall Observer - MtGoxUSD wall movement tracker

[cypherdoc]

Wonder how many non-believers panic and sold when we dipped down to $17.10 or so

I use the term "non-believers" in jest.

We have some real veterans *cough* trading with only one indicator so I expect a lot of depression around here.

Many ppl will discover that day trading is not so easy after all, and just by sitting on coins you can have better profits.

exactly.

i advanced a thesis well over a year and a half ago that most of the early adopter day traders around here will have gotten shaken out of the biggest moves to come.  this has come true.  look at all the frequent posters of even a month ago that have gone missing.  and all the legions before them.

You had a theory. You did not advance a thesis*.

 

cypherdawg, is this what I would get with you subscription? Sit and shit?  I don't want to buy now when the price drops back to 15$. I am a "believer", but my time frame is limited. I am sure the price will rise over a yearly view. And its still undervalued. But what if we need 6+ months to get back to this level? I can't afford to have a single variable strategy like mccorvic. What if I need a good portion of the money next month? Sell with a loss? I bought my coins in two bigger junks at 3.9€ and at 8.13€. My profit range is pretty big. And yes am easily afraid which makes me sell high and buy higher. (lost 20 coins with my stupid daytrading approches). I make my decisions on a monthly time frame since. I am not the ueber bear. I made the bet in December last year, when it looked all crazy, I won. Than I sold because I thought its fucking crazy to make such big steps without a correction... What now? I sit on my cash stack which I have doubled and watch the profit I could not realize. I am not waiting for the single digits but a correction to 15$-16$. I know I could fail, because the news and the volume are great...

lol.  it's not just about sit and shit.  there are alot of technicals which one can use to buy dips with.  i draw triangles to time breakouts.  i integrate cycle theory.  even though i am a long term bull, the trading discussion can be used to accumulate with maximum efficiency.  and most importantly, i think i have a unique perspective on the financial world which helps explain why i recommend what i do to keep ppl from panicking.  i also discuss the stock market at length which i believe is the playpen of TPTB.  what happens there directly affects Bitcoin in the long run and i think its important to understand that.  after all, what did Satoshi write in the genesis block?

[1714937385]

1714937385

[1714937385]

1714937385

[1714937385]

1714937385

[1714937385]

1714937385

[The Fool]

Wonder how many non-believers panic and sold when we dipped down to $17.10 or so

I use the term "non-believers" in jest.

We have some real veterans *cough* trading with only one indicator so I expect a lot of depression around here.

Many ppl will discover that day trading is not so easy after all, and just by sitting on coins you can have better profits.

exactly.

i advanced a thesis well over a year and a half ago that most of the early adopter day traders around here will have gotten shaken out of the biggest moves to come.  this has come true.  look at all the frequent posters of even a month ago that have gone missing.  and all the legions before them.

Yeah. In my opion there's not many early adopters with coins left. Maybe even no one. They either sold or gambled and lost.

yes.  the temptation is so great to sell after you've seen your coins go from $0.05 to $5.40.  but that's how bull markets are; a new group of adopters comes along to pay off the previous adopters while they in turn wait for the next wave up.  it's a fascinating dynamic exemplified well by a stock like AAPL:

https://i.imgur.com/8j3NhtS.png

Except Tim Cook sucks.

[cypherdoc]

Wonder how many non-believers panic and sold when we dipped down to $17.10 or so

I use the term "non-believers" in jest.

We have some real veterans *cough* trading with only one indicator so I expect a lot of depression around here.

Many ppl will discover that day trading is not so easy after all, and just by sitting on coins you can have better profits.

exactly.

i advanced a thesis well over a year and a half ago that most of the early adopter day traders around here will have gotten shaken out of the biggest moves to come.  this has come true.  look at all the frequent posters of even a month ago that have gone missing.  and all the legions before them.

Yeah. In my opion there's not many early adopters with coins left. Maybe even no one. They either sold or gambled and lost.

yes.  the temptation is so great to sell after you've seen your coins go from $0.05 to $5.40.  but that's how bull markets are; a new group of adopters comes along to pay off the previous adopters while they in turn wait for the next wave up.  it's a fascinating dynamic exemplified well by a stock like AAPL:

Except Tim Cook sucks.

no one will ever replace Steve Jobs.

[myself]

no one will ever replace Steve Jobs.

mostly because he was the founder and ppl did take more heat from him, things got done because he said so many times and few questions get raised, nobody will pull that off on apple, apple is going downhill and there is no way to stop it, also this show how important one person can be in corporate leadership     

[robocoin]

Wonder how many non-believers panic and sold when we dipped down to $17.10 or so

I use the term "non-believers" in jest.

We have some real veterans *cough* trading with only one indicator so I expect a lot of depression around here.

Many ppl will discover that day trading is not so easy after all, and just by sitting on coins you can have better profits.

exactly.

i advanced a thesis well over a year and a half ago that most of the early adopter day traders around here will have gotten shaken out of the biggest moves to come.  this has come true.  look at all the frequent posters of even a month ago that have gone missing.  and all the legions before them.

You had a theory. You did not advance a thesis*.

 

cypherdawg, is this what I would get with you subscription? Sit and shit?  I don't want to buy now when the price drops back to 15$. I am a "believer", but my time frame is limited. I am sure the price will rise over a yearly view. And its still undervalued. But what if we need 6+ months to get back to this level? I can't afford to have a single variable strategy like mccorvic. What if I need a good portion of the money next month? Sell with a loss? I bought my coins in two bigger junks at 3.9€ and at 8.13€. My profit range is pretty big. And yes am easily afraid which makes me sell high and buy higher. (lost 20 coins with my stupid daytrading approches). I make my decisions on a monthly time frame since. I am not the ueber bear. I made the bet in December last year, when it looked all crazy, I won. Than I sold because I thought its fucking crazy to make such big steps without a correction... What now? I sit on my cash stack which I have doubled and watch the profit I could not realize. I am not waiting for the single digits but a correction to 15$-16$. I know I could fail, because the news and the volume are great...

lol.  it's not just about sit and shit.  there are alot of technicals which one can use to buy dips with.  i draw triangles to time breakouts.  i integrate cycle theory.  even though i am a long term bull, the trading discussion can be used to accumulate with maximum efficiency.  and most importantly, i think i have a unique perspective on the financial world which helps explain why i recommend what i do to keep ppl from panicking.  i also discuss the stock market at length which i believe is the playpen of TPTB.  what happens there directly affects Bitcoin in the long run and i think its important to understand that.  after all, what did Satoshi write in the genesis block?

Wow, I didn't know that Angela Merkel is lurking in the blockchain 

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

Oki, put me on your list for one month and attack my FUD. (pm'ed you)

[420]

Soon enough I'll be buying your single digit coins.  

When?

April 15

https://bitcointalk.org/index.php?topic=76716.0

oh ya single digit bitcoins 5 days b4 420... ya that's totally going to happen... NOT!

I second that. Like the comment I made no one payed attention to...proudhorn; you have a problem. And I'm speaking out of respect and love for my dear acquaintance

*Some people tell me your username is proudhon...but I know you meant proudhorn when you signed up

[Kupsi]

is this the start of the way down?

Don't think so. Expecting 18.xx within 12 hours 

facepalm.jpg

I'm trying again. 12 hours  

[byronbb]

What is massively important with trading is money management. If you are buying and selling your entire "bankroll" in and out, eventually you are going to get burnt. This is inevitable.

[cypherdoc]

I second that. Like the comment I made no one payed attention to...proudhorn; you have a problem. And I'm speaking out of respect and love for my dear acquaintance

proudHON

I don't want your dear acquaintance to lose respect or love for you because you keep screwing up his name. 

there's a big difference btwn "horn" and "hon". 

[cypherdoc]

I second that. Like the comment I made no one payed attention to...proudhorn; you have a problem. And I'm speaking out of respect and love for my dear acquaintance

proudHON

I don't want your dear acquaintance to lose respect or love for you because you keep screwing up his name. 

there's a big difference btwn "horn" and "hon". 

If it was "horn" we might think he was actually a bull! (Although, I actually think he is a bull at heart! He just wants cheap coins again.)

well, i call my wife "hon" all the time, so deep down he must be a sweetheart 

[Loaded]

Tonight's going to be interesting.


And thanks to whoever sent me 0.1337 BTC.

[robocoin]

Tonight's going to be interesting.


And thanks to whoever sent me 0.1337 BTC.

gosh I have your address on my watchlist 

[420]

Tonight's going to be interesting.


And thanks to whoever sent me 0.1337 BTC.

geek love

[Spaceman_Spiff]

Tonight's going to be interesting.

I just hope that's not code for: I am going to dump all my shit on the market...  
(don't get me wrong, I would generally love a good buying opportunity, but no gox funds available atm)

And thanks to whoever sent me 0.1337 BTC.

There you have it again, the rich only get richer ... tsss   

[cypherdoc]

Apple reports earnings tonite.  this is gonna be good.

[Gyrsur]

Tonight's going to be interesting.


And thanks to whoever sent me 0.1337 BTC.

geek love

the only true love... lol

[Beta-coiner1]

Hmmm....I wonder is the incentive to buy at 18.It seems so far the buys are playing it safe and there hasn't been much of a rally for 24 hours.Usually it has been between +.75-1.00 over the last few days everyday.

[Chalkbot]

Tonight's going to be interesting.

Loaded! When someone like you says something like this, it makes me wonder what I'm missing. Did you want to add anything to that statement? 

[cheat_2_win]

Tonight's going to be interesting.


And thanks to whoever sent me 0.1337 BTC.

Tell us more

Dumping !!??

[bb113]

Tonight's going to be interesting.


And thanks to whoever sent me 0.1337 BTC.

Tell us more

Dumping !!??

Dumping is boring, thats what always happens.