Four Punch Raiders? | Bitcointalksearch.org

Dump3er

hero member

Activity: 1526

Merit: 597

Quote from: billyjoeallen on February 14, 2015, 04:40:06 PM

Quote from: Morecoin Freeman on February 14, 2015, 04:36:04 PM

Where did this originate? Who are they? Anyone know anything?

It's a term I made up to describe the tactics some one or group uses to maximize returns using loss aversion psychology. there has been a pattern that has repeated five times now in the last fourteen months:

1) crash/bounce
2) stutter step
3) spike/short squeeze
4) second bounce at much higher level

thennnn....crash, bounce, rinse and repeat.

We are getting close to the short squeeze.

Such investigator!

Keep the good work on and in a few years you will not only have made up the term of an ABC correction, no!, you will make up the terms of all Elliot Waves! Roll Eyes

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: Wandererfromthenorth on February 14, 2015, 05:46:15 PM

Quote from: billyjoeallen on February 14, 2015, 05:16:48 PM

Quote from: oda.krell on February 14, 2015, 04:57:17 PM

Hey, why write something original when you can just quote yourself Cheesy

From the wall thread...

Quote from: oda.krell on February 13, 2015, 08:58:49 AM

Can we eventually let this "FPR" meme die gracefully?

Not saying it's a completely bad way to visualize the market forces, especially to drive home a certain point to the "permahodling" crowd, but a much more accurate way (imo) of saying what has been going on since around July/August is that we're in a traders' market, while previously, since about late 2012/early 2013, we've been in a market that favored holders.

There is a pattern that repeats and the pattern is not random; therefore someone is causing it, someone with the ability to move a multi-billion dollar market.

You lost me there. "If a pattern is not random it means a small group is responsible for it"?
The market forces are causing it. Not a bunch of chinamen dudes or something.

I didn't say a "small" group. I have no idea how many there are. Hell, in a sense because I am front-running them, you could say I'm a FPR, only I'm really more of a three punch raider because I will not participate in the long squeeze.

EDIT: I also didn't say they are Chinese, although they do have accounts on the Chinese exchanges. I suspect they are not, judging by the bull and bear FUD from dummy accounts that comes in waves with the moves.

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: billyjoeallen on February 14, 2015, 05:16:48 PM

Quote from: oda.krell on February 14, 2015, 04:57:17 PM

Hey, why write something original when you can just quote yourself Cheesy

From the wall thread...

Quote from: oda.krell on February 13, 2015, 08:58:49 AM

Can we eventually let this "FPR" meme die gracefully?

Not saying it's a completely bad way to visualize the market forces, especially to drive home a certain point to the "permahodling" crowd, but a much more accurate way (imo) of saying what has been going on since around July/August is that we're in a traders' market, while previously, since about late 2012/early 2013, we've been in a market that favored holders.

There is a pattern that repeats and the pattern is not random; therefore someone is causing it, someone with the ability to move a multi-billion dollar market.

You lost me there. "If a pattern is not random it means a small group is responsible for it"?
The market forces are causing it. Not a bunch of chinamen dudes or something.

oda.krell

legendary

Activity: 1470

Merit: 1007

^ Agreed. But in my opinion, "someone" is a group, and they're not guided by some coordinated goal to move the market in this or that direction. What we see is more likely an emergent phenomenon, arising from the combination of a (pretty understandable, currently) desire of profit taking at the obvious resistances (target based trading), followed by panicky momentum to the downside (emotional traders and investors "losing hope"), followed by some real buying pressure at "low prices" (i.e. new money getting in) plus the initial traders covering their shorts at the sign of a significant capitulation bottom.

It's what the 2011 capitulation *should* have looked like, imo. That weird almost uninterrupted fall from $32 to $2 was before a sufficiently large amount of capital was in the hands of traders that knew what they're doing (EDIT: also, before large scale margin trading was possible).

I don't see a strategy here, only cause and effect, plus emotion driven overshoot. But, yes, I admit: I can't prove my hypothesis either.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: oda.krell on February 14, 2015, 04:57:17 PM

Hey, why write something original when you can just quote yourself Cheesy

From the wall thread...

Quote from: oda.krell on February 13, 2015, 08:58:49 AM

Can we eventually let this "FPR" meme die gracefully?

Not saying it's a completely bad way to visualize the market forces, especially to drive home a certain point to the "permahodling" crowd, but a much more accurate way (imo) of saying what has been going on since around July/August is that we're in a traders' market, while previously, since about late 2012/early 2013, we've been in a market that favored holders.

There is a pattern that repeats and the pattern is not random; therefor someone is causing it, someone with the ability to move a multi-billion dollar market.

oda.krell

legendary

Activity: 1470

Merit: 1007

Hey, why write something original when you can just quote yourself Cheesy

From the wall thread...

Quote from: oda.krell on February 13, 2015, 08:58:49 AM

Can we eventually let this "FPR" meme die gracefully?

Not saying it's a completely bad way to visualize the market forces, especially to drive home a certain point to the "permahodling" crowd, but a much more accurate way (imo) of saying what has been going on since around July/August is that we're in a traders' market, while previously, since about late 2012/early 2013, we've been in a market that favored holders.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: Morecoin Freeman on February 14, 2015, 04:36:04 PM

Where did this originate? Who are they? Anyone know anything?

It's a term I made up to describe the tactics some one or group uses to maximize returns using loss aversion psychology. there has been a pattern that has repeated five times now in the last fourteen months:

1) crash/bounce
2) stutter step
3) spike/short squeeze
4) second bounce at much higher level

thennnn....crash, bounce, rinse and repeat.

We are getting close to the short squeeze.

Morecoin Freeman

hero member

Activity: 854

Merit: 503

Legendary trader

Where did this originate? Who are they? Anyone know anything?

Topic: Four Punch Raiders? (Read 1878 times)