Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24617. (Read 26720873 times)

sr. member
Activity: 336
Merit: 250
Please raise your hand if you sold at the bottom of that dump. I know many of you traders did.

Grin  Grin Grin
newbie
Activity: 56
Merit: 0
Please raise your hand if you sold at the bottom of that dump. I know many of you traders did.

And now will be busy buying back for 10 dollars more plus trade fees
N12
donator
Activity: 1610
Merit: 1010
I do know of one particular trader:

I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.
hero member
Activity: 672
Merit: 500
Please raise your hand if you sold at the bottom of that dump. I know many of you traders did.
newbie
Activity: 56
Merit: 0
or that dump was the first bear trap of the bull season? who knows?

Pure speculation this.
Or the 7am. UTC dumper who has for months dumped about 1k at this time usually an hour later at weekends.
The dumpers timing changed at the end of september by one hour ( daylight savings time in Iran and Egypt). Both countries have cheap electricity - dumper could be mining syndicate.
Anyhow the dumper has held back for several days so this mornings dump could just be the backlog of saved coins.
Yesterdays Fiat transfers will be reaching Bitstamp around now lunchtime, speculators with their buying shoes on.
Anyone notice difficulty logging into Stamp as the dump was in progress? When the dump was over at $415 bitstamp was again properly accessible.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
sr. member
Activity: 541
Merit: 362
Rules not Rulers
another $50 rise while i sleep would be good bulls. Buy now or forever miss out.
legendary
Activity: 2338
Merit: 1035
I think we are gonna consolidate around 440 and move up heavy tomorrow
much like 21st may of 2014
hero member
Activity: 574
Merit: 500
or that dump was the first bear trap of the bull season? who knows?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Has the bottom been reached?

The bottom was reached a month ago, all the intelligent people who don't stare at charts 24/7 or get bothered by $20 movements loaded up the boat then and are now sitting back with a cigar laughing at all the people trying to trade a market like this, myself included. Trading short term in a market like this is a gamble at best.

All the charts, EW etc are bull shit.

Nobody has a mother fucking clue what's up.

HODL and enjoy the ride bitches.
legendary
Activity: 2338
Merit: 1035
sr. member
Activity: 280
Merit: 250
legendary
Activity: 1470
Merit: 1007
https://en.wikipedia.org/wiki/MACD

(Ahem, I cannot resist pointing out that I helped edit that article, a few months ago. Smiley)

Glad to see you're finally warming up to technical analysis Tongue

Well, I also created this article and a few others on spirituality, quack remedies, etc.  Grin

Looking for" reasons " yet for this one? Cheesy

Of course.

My best guess at the moment is the "three billion hedge fund started trading on our platform" rumor.  It is consistent with OKCoin being the leader, leaving even Huobi behind.  

But it may be TA, indeed: namely people expecting "the next bubble" because of the 5-year WorldCom extrapolation plot and/or analogies with 2011 or 2013.  I.e. a case of self-fulfilling prophecy.

+1 for being a WP editor.

And one day, when you're ready, you will see the (technical) light, and identify the two main drivers of markets (outside fundamentals): momentum, and mean reversion Cheesy
sr. member
Activity: 404
Merit: 500
Has the bottom been reached?
indeed, on the 5th of October

I mean temporary bitstamp bottom at $412

most likely for the short term. Looks like the bounce is under way Smiley
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Back up to $430 on Coindesk
legendary
Activity: 2338
Merit: 1035
Has the bottom been reached?
indeed, on the 5th of October

I mean temporary bitstamp bottom at $412
hero member
Activity: 798
Merit: 1000
Has the bottom been reached?

The bottom was reached a month ago, all the intelligent people who don't stare at charts 24/7 or get bothered by $20 movements loaded up the boat then and are now sitting back with a cigar laughing at all the people trying to trade a market like this, myself included. Trading short term in a market like this is a gamble at best.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
Has the bottom been reached?
indeed, on the 5th of October
sr. member
Activity: 404
Merit: 500
Jump to: