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Topic: Deal with your problems by becoming rich with r0ach of Bitcoin - page 2. (Read 11113 times)

legendary
Activity: 1260
Merit: 1000
I speculate that the sideways will continue and taper off (which is in line with my earlier prediction when I divested).

We shall see.

Well, it's back to sideways again.  I knew this thing had to level off here.  I think exchange owners just naked short the fuck out of it to try and create churn for raking shekels into their pockets if the market actually does turn sideways.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
I speculate that the sideways will continue and taper off (which is in line with my earlier prediction when I divested).

We shall see.
hero member
Activity: 840
Merit: 1000
Current chart for me.



You seem to chart with only bitcoinwisdom r0ach....

.....tell me, how do you make such strings of killer trades, in at the bottom, and covering at the top, using such a basic, not to mention totally inaccurate, charting tool?
legendary
Activity: 1260
Merit: 1000
Current chart for me.

legendary
Activity: 1260
Merit: 1000
Quote
[19:44] I wish I have you knowledge, r0ach

Lol no one would ever say that, I call complete bullshit

Maybe it was MatTheCat:

I have multiple accounts, in different names
legendary
Activity: 1330
Merit: 1000
dafar consulting
Quote
[19:44] I wish I have you knowledge, r0ach


Lol no one would ever say that, I call complete bullshit
hero member
Activity: 1032
Merit: 502
IMO BTC is consolidating at this $600-650 price range. It`s getting ready for the next important leg up.
hero member
Activity: 840
Merit: 1000
Current state of Bitcoin market June 26, 2016:

Interesting theory.

Certainly been a lot of shenaningans on Finex recently.....traders getting locked out at key moments, etc...

I am currently in a short at the moment, despite the already hefty drop (just going where my trade setup tells me to go). I have no idea if I am gonna get stopped, or my target is gonna get hit.....but I do have the feeling that at some point, this p.o.s is going to get pushed lower than the $555.

legendary
Activity: 1260
Merit: 1000
Current state of Bitcoin market June 26, 2016:

01[19:03] when it broke below $600 the other day, it was due to MASSIVE amounts of shorts
01[19:03] and not real bitcoin sells
01[19:03] so it was entirely bullshit bear raid
[19:03] how do you predict the dips anyways? reading materials about news, etc, gather info?
01[19:05] this:  https://www.youtube.com/watch?v=4y6qD_2SQrs
[19:07] hehe
[19:30] r0ach: still bull?
01[19:34] market is controlled entirely by 1 single entity on finex right now, he can send price anywhere in short term, so I trade entirely off what he does.  For halving still bullish yes
[19:36] whats his position now?
01[19:38] he's testing the market low right now.  He is the one who pushed it to $550 last time, but he did so with shorts and not actual coin sells, so it entirely depends on if this guy does some stupid move and tries to crater the market while also taking a loss on shorts he has to cover (but can't)
01[19:38] it doesn't look like he's going ballistic with shorts this time tho
01[19:39] at least not the extent as before
[19:39] lets hope the uptrend continues Smiley thanks for your insight
[19:41] is it possible to identify this person and know who he is?
01[19:41] if BitFinex gives him up...sure
[19:41] ...
[19:42] id imagine youd have to have quite deep pockets to move the market
01[19:42] he's got a lot
[19:42] This is how difficult with bitcoin, when in stock exchange, they have to publish the biggest traders everyday
01[19:42] enough where nobody tried to fight him yet at least
[19:42] how do you know it's the same one, r0ach ?
01[19:42] because when you trade bitcoin every day it's easy as shit to notice
01[19:43] just like it's easy as shit to notice Eth is controlled by one guy on Poloniex
01[19:43] so the 2 biggest crypto markets are completely non-aggregate markets
[19:44] I wish I have you knowledge, r0ach
[19:44] your
01[19:44] also, the last guy this pushed the market down on purpose, he shorted all the way to the bottom, kept shorting at the bottom at a loss, then like 1 nanosecond after his last short, instantly begins to cover
01[19:45] with a big spike
01[19:45] the guy who is doing it is probably reading this right now pissed I'm telling people heh
[19:46] but r0ach how can you honestly know its just one single person and not a bunch of different people acting in a similar fashion?
01[19:46] because he doesn't obfuscate his activity
01[19:47] he's by far the biggest volume in the market, so he would have a hard time doing so anyway
01[19:48] he's also been forcing china to follow him
01[19:48] instead of vice versa
01[19:48] which was new to me
01[19:49] there was another mega whale that stepped in that attempted to take the reigns from China and pump higher when china didn't want to that got us to $790
01[19:50] not sure if it was the same guy or not
01[19:50] but that was the first time I saw China not being the leader of this market
[19:51] r0ach: it might be a china trader trading outside of china?
01[19:53] china whales are usually easy for me to spot because they operate in binary modes:  1)  altruistic type WE MUST GO HIGHER mode and then 2)  Can't rise any higher, time to screw everyone with mega dump and shorts then leave the market till it cools
01[19:53] but the chinese never try to actually do long term damage to charts with mega lows and shit like that
01[19:53] but this Finex trader DOES
[19:54] oh
01[19:54] I actually suspected it was Finex the exchange themselves naked shorting
01[19:55] because the guy has too much fucking money
01[19:55] which is why we should probably demand finex make a statement on this guy
01[19:55] when you have a completely non-aggregate bullshit market
01[19:57] the amount of margin right now is high, so they are also trying to scare out margin traders
01[19:59] yesterday the guy padded the buy side and got people to buy his shorts then dumped the market
01[19:59] so that's where we are now
01[20:00] price has 0 to do with fundamentals right now
01[20:00] just 1 guy
legendary
Activity: 1260
Merit: 1000
Last trades:

Selling:



Rebuying the dip:



This might have been a good long to hold but I just let it go for the scalp because I've been up like 48 hours and can't be assed dealing with babysitting a bunch of longs.  There's a perfect cup and handle setup, so if you've actually slept in the last week, it might be a good entry with a stop loss around here if you want to roll the dice on getting near term Brexit chaos gains:



Trading music sponsored by Metallica (TM)

https://www.youtube.com/watch?v=NUAdgt5Glk0

legendary
Activity: 1260
Merit: 1000
Oh yea man, such an expensive lesson selling at the top and dollar cost averaging buys all the way down and ending up with 3x more than what I started with lol.  Nice try shill account created in May 2016.
I'd love to see the maths that shows how selling at the top and "dollar cost averaging buys" across a ~30% drop gives you 300% of what you started with.

This thread is a continuation of:

Lose all your capital fast, with MatTheCat and his TA 101A!

https://bitcointalksearch.org/topic/lose-all-your-capital-fast-with-matthecat-and-his-ta-101a-1442399

We've been trading the rally up and down since $440...on leverage of course.
hero member
Activity: 1029
Merit: 712
Lel, u don't get to cry scam(!) after surprise Butsecs like that. Or, you can, but you shouldn't, makes you look'a' cuck. It's just business. Cheers, expensive lessons are the best ones.

Oh yea man, such an expensive lesson selling at the top and dollar cost averaging buys all the way down and ending up with 3x more than what I started with lol.  Nice try shill account created in May 2016.



I'd love to see the maths that shows how selling at the top and "dollar cost averaging buys" across a ~30% drop gives you 300% of what you started with.
full member
Activity: 238
Merit: 100
This article has some insanely high digits:

"if even 1% of funds currently sitting in offshore accounts were transferred to bitcoin, the value of this virtual currency could increase substantially. Since the number of Bitcoins in circulation is currently capped at 21 million, if these billions of offshore dollars migrate to that cryptocurrency, the worth of a single bitcoin could rise from $580 to nearly $3 million."

http://motherboard.vice.com/read/bitcoin-might-make-tax-havens-obsolete

Anthony:
Fact: Dignan, the picture's not doing it for me right now.

Dignan:
Well does the fact that I'm trying to do it do it for you?
legendary
Activity: 1260
Merit: 1000
This article has some insanely high digits:

"if even 1% of funds currently sitting in offshore accounts were transferred to bitcoin, the value of this virtual currency could increase substantially. Since the number of Bitcoins in circulation is currently capped at 21 million, if these billions of offshore dollars migrate to that cryptocurrency, the worth of a single bitcoin could rise from $580 to nearly $3 million."

http://motherboard.vice.com/read/bitcoin-might-make-tax-havens-obsolete
legendary
Activity: 1260
Merit: 1000
Lel, u don't get to cry scam(!) after surprise Butsecs like that. Or, you can, but you shouldn't, makes you look'a' cuck. It's just business. Cheers, expensive lessons are the best ones.

Oh yea man, such an expensive lesson selling at the top and dollar cost averaging buys all the way down and ending up with 3x more than what I started with lol.  Nice try shill account created in May 2016.

full member
Activity: 238
Merit: 100
Welp, I luckily didn't all in at $650 and dollar cost average my rebuys all the way down.  That was the scammiest drop I've ever witnessed.  The shorts at low levels were completely irrational when they know there's nothing on sell side walls for them to cover with.  They were basically setting their money on fire solely to try and lower price at that point when their rebuys would just take them into a loss and back up to over $600.

Then you have insanely scammy stuff like this on BTCE while the price was still over $600 on other exchanges:



Lel, u don't get to cry scam(!) after surprise Butsecs like that. Or, you can, but you shouldn't, makes you look'a' cuck. It's just business. Cheers, expensive lessons are the best ones.

Welp, bought more at $600.  Dollar cost averaging saves the day.






legendary
Activity: 1260
Merit: 1000
Welp, I luckily didn't all in at $650 and dollar cost average my rebuys all the way down.  That was the scammiest drop I've ever witnessed.  The shorts at low levels were completely irrational when they know there's nothing on sell side walls for them to cover with.  They were basically setting their money on fire solely to try and lower price at that point when their rebuys would just take them into a loss and back up to over $600.

Then you have insanely scammy stuff like this on BTCE while the price was still over $600 on other exchanges:

legendary
Activity: 1260
Merit: 1000
hero member
Activity: 744
Merit: 500
Are we fucked r0ach?  Embarrassed
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