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Topic: Market has peaked, sell off incoming. - page 4. (Read 13732 times)

sr. member
Activity: 516
Merit: 283
August 05, 2013, 02:10:50 PM
dirty sheep fuckers!!!  Grin
legendary
Activity: 1834
Merit: 1019
August 03, 2013, 03:20:59 PM
chodpaba is one of they few fellow traders who I expect to be pretty wealthy by now, but the way he posts now it seems it got to his head. (Sorry dude!)

Oh, no no no. I'm just looking out for my interests and that of my fellow jungle creatures. Strictly a 'good shepherd'.  Roll Eyes




legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 03, 2013, 02:34:56 PM
chodpaba is one of they few fellow traders who I expect to be pretty wealthy by now, but the way he posts now it seems it got to his head. (Sorry dude!)
legendary
Activity: 2170
Merit: 1094
August 03, 2013, 01:40:59 PM
#99
I suppose every ecosystem needs scavengers. Just be careful not to get stepped on.

if( ( chodpaba == WHALE ) && ( Tzupy != WHALE ) )
chodpaba_comment = NORMAL ;
else
chodpaba_comment = WEIRD ;
legendary
Activity: 896
Merit: 1000
August 03, 2013, 11:46:27 AM
#98
They are not doing this to profit few pennies but to profit few tens percentage. They do not need to buy back in one day, they can buy back in 1 month when price will be lower xy%.

lol, exactly. If the market worked that way, the price would barely move..
legendary
Activity: 2170
Merit: 1094
August 03, 2013, 10:55:06 AM
#97
I'm no whale, and in the past whales and walls made me lose money, now they help me make some money.
If I would only look at TA indicators, I would miss many opportunities. So for me whales and walls are important.
legendary
Activity: 1904
Merit: 1002
August 03, 2013, 10:42:43 AM
#96
Are we seriously talking about $2 wiggles?

Yep, and it's all based on whales and walls.
legendary
Activity: 2170
Merit: 1094
August 03, 2013, 08:00:18 AM
#95
I forgot about the low volume on weekends, so I was obviously wrong about the timing of the drop.
But the wall at 103.15 got chewed at, then got pulled. Makes me wonder if the wall at 101 won't be pulled if it gets chewed at.
That's why I cancelled my buy order at 101.0x, the market will definitely drop to 101 and if the wall gets pulled, IMO it's going to
trigger a panic sale. Then we might drop to 95-96. What do you think, will the 101 wall be pulled?
legendary
Activity: 1834
Merit: 1019
August 02, 2013, 03:07:18 PM
#94
I have a feeling that tonight the buy wall at 101$ will get tested (the 103.15$ wall will be eaten).
Lets hope it holds, if not we'll have a panic sale tomorrow morning, instead of the usual small whale buy.

bring it on
legendary
Activity: 2170
Merit: 1094
August 02, 2013, 03:01:27 PM
#93
I have a feeling that tonight the buy wall at 101$ will get tested (the 103.15$ wall will be eaten).
Lets hope it holds, if not we'll have a panic sale tomorrow morning, instead of the usual small whale buy.
legendary
Activity: 1904
Merit: 1002
August 02, 2013, 12:24:27 AM
#92
Bear fail, eh?

You are right, I jumped the gun.  The bears were just late to the party.
legendary
Activity: 2170
Merit: 1094
August 01, 2013, 10:35:02 PM
#91
Irony: I cancelled my buy order at 101.01, because of the trend reversal I spotted, bought at 103.85, then went to sleep,
hoping that the market won't slump to 101 out of inertia. When I woke up, surprise, it did. The price right now, at 102, is
what I would expect from the bid sum / ask sum ratio. Yet we don't have a clear trend reversal, but if no one panic sells
the uptrend should resume soon. BTW, I'm ready to sell into that meager 7k BTC wall at 101 if I see others doing it a lot.
legendary
Activity: 2170
Merit: 1094
August 01, 2013, 01:31:30 PM
#90
Bear fail, eh? Check the bid sum / ask sum again, then you may reconsider your opinion.
IMO we are going to have a major dump very soon, down to 101, maybe even back to double digits
if panic sale follows the dump. I moved my buy order from 101 to 96, just in case.

PS. I was wrong about the dump, the slide to 103 was slow and uneventful, followed by a trend reversal.
legendary
Activity: 1904
Merit: 1002
August 01, 2013, 06:26:37 AM
#89
If the bears can hold it here a bit longer we should have a decent move down fueled by the 2 hour goomboos to complete C of the correction.  Or we could just head up from here Wink.

Bear fail.
hero member
Activity: 714
Merit: 502
August 01, 2013, 05:48:45 AM
#88
If it is still impossible to withdraw USD from Gox, the BTC/USD can only go up.

The sooner they get their shit together, the sonner we will have a clear market picture. Now the market is driven by people Leaving Mt Gox for good.

^ this wouldn't be surprised by a steep rise over the weekend.
legendary
Activity: 1834
Merit: 1019
August 01, 2013, 05:33:55 AM
#87
i'm surprised mtgox prices haven't gone up even more than it has
legendary
Activity: 1148
Merit: 1018
August 01, 2013, 05:25:31 AM
#86
If it is still impossible to withdraw USD from Gox, the BTC/USD can only go up.

The sooner they get their shit together, the sonner we will have a clear market picture. Now the market is driven by people Leaving Mt Gox for good.
legendary
Activity: 1014
Merit: 1001
August 01, 2013, 05:17:50 AM
#85
.. I'll let you know when I buy back, thats' when the trend usually reverses Smiley
I've just sold @107. Please buy back now  Wink
hero member
Activity: 854
Merit: 1000
August 01, 2013, 05:13:48 AM
#84
The market didn't get the memo yet, but we should be at 103 - 104, and instead we breached 107.

what does that even mean lol
legendary
Activity: 2170
Merit: 1094
August 01, 2013, 05:12:46 AM
#83
The market didn't get the memo yet, but we should be at 103 - 104, and instead we breached 107.
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