Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 56. (Read 85774 times)

Congrats! What sums are you trading, that you are capable of making this kind of profit of these relatively tiny market movements ?

4 BTC wins on the bounce m8. But seems I only get 'fans' when I am wrong.

P.S. Kerrching!

That chart is kinda useless when the $10 drop was from Craig Nakamoto, who is now out of the picture.  Ever heard of the phrase garbage in, garbage out?  Let's also forget the whole part about Bitcoin not being an aggregate market in the first place...

Did you lose everything already? Good.

Bitcoin is the opportunity of a lifetime. I'm all in.

Look out bulls!

Did someone just say "Weekend Dumpfest!"?

So you're saying that I am you now? ...

How quaint.

And this pretty much encapsulates who I imagine to be behind the 'roach' moniker:



Could we say, "Hurrr, Durrr, Dhhurrrrr"?

Whenever I see a Mat post, I imagine it being spoken by this:

And you certainly aren't good at figuring out what 'they' are doing.

They aint trying to manipulate BTC lower, they are trying to manipulate it higher.

At some point, possibly going through NYKZ, or NY Closing time, 'they' are either going to devour their own walls themselves, or simply remove them. And what do you think all the n00bs are going to do when they see that Bear Whale has either removed his wall, or their have been 1K BTC Mkt Orders fired into it? They are going to pile in, aren't they? Especially those who have maybe been intimidated by the wall and sold their positions fearing the dump.

At this point, I would say that 'they' are looking to push Bitcoin up into the Short RLZ, which is where 'they' like to take short trades from. My thinking at this point in time, is that BTC will pushed up to $460s, at which point 'they' will let the gravy train momentum chasing n00bs, have all the fucking Bitcoin that they want. After Bitcoin gets up into the short RLZ, 'they' will stop manipulating, and just let organic market pressure take over, selling into it the whole time, until it runs out of steam, and then they will dump this bitch, ultimately culminating in a n00b panic sell off, and n00b momentum chasing shorts piling up, and guess who will be there at the bottom to buy up all the Bitcoin that the n00bs want to sell to them? 'They' will be!

1530 BTC wall has been bought.

For someone that believes "they" control the markets, you're not very good at figuring out what "they" are doing:

I don't care.. new paycheck -> new bitcoins !

BTC has taken the symmetrical triangle right to the wire. Nothing to say that it won't break up or down, and put in a new high, or low, which will then go on to form a new limit of a larger triangle here, but which way she is going to go, is a really a coinflip for me at the moment. Looking at Higher timeframes, it has to be said, that BTC is looking pretty bearish right now, which is perhaps one reason why Bitcoin will break up a bit. Wash out all the shorters, and suck in any long gravy train riders for when the real dump comes.





I am currently long on two seperate trades, but if I wasn't, BTC would be in a no trade situation for me right now. Should BTC dump on the break of this triangle, I have my stops set on margin trade, and will adjust target to scratch on solid BTC trade, with emergency Stop Loss down beneath bottom of current range, should this thing really tank.

....  assumption being that he set up this mess.

He's opening up lots of doors for the govvy boyz to get inside bitcoin every step of the way, ATO especially so far, making it almost too easy for them.

So he should just move to a country which has no tax agreements with Australia. It would be way less trouble than to set up all this mess.

UK and Australia have tax information sharing and treaty arrangements ... claiming tax credits for $54 million and skipping the country is not going to win him any friends at the HMRC who got a phone call from some pissed off guys at the ATO

http://www.businessinsider.com.au/the-australian-who-may-have-invented-bitcoin-claimed-to-have-landed-54m-in-taxpayer-funded-rebates-2015-12

He's been moving tens of millions of notional amounts of bitcoins through a web of companies ... I think they will 'care' about him.

Why should he care about the Australian tax office now he is in UK?

He wants to raise money from other people (by convincing them he is satoshi) to settle his tax dispute, apparently ... he can't sell his coins because they (him and Kleiman) locked them up in a Seychelles trust.

The tax dispute stemmed from him claiming tens of million of dollars in R&D tax credits (note not avoiding unpaid taxes) by claiming to transfer notional amounts of bitcoins in the tens of millions between companies that he owns, i.e. the transfers were not done on the blockchain but just by producing a document that said Company B now has private keys that Company A once held.

... and that's the tl;dr.

If he's legit (and it's a big if), and he needs money to settle his tax dispute he could have told us he has no intention of dumping to keep the price high. The last thing he would want is the price crashing right before he has to dump. I doubt he could sell all Satoshi's stash all at once (if its his), but the Australian tax office wants a lot of money off him.

But even if he decide to sell cause he need money to pat taxes, he will not sell all stash at once probably. I don't even know can he sall that amount so easily..
And all that in my opinion is a good thing, he will sell someone will buy and invest, hold... coins will be somewhere around. They will not disappear.