price is struggling to go above the blue trend line, and a bear flag is forming , another potential drop incoming, this scenario will be invalid only if price close above the trend line which is less likely.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11486. (Read 26725197 times)
February 25, 2019, 09:36:06 AM
price is struggling to go above the blue trend line, and a bear flag is forming , another potential drop incoming, this scenario will be invalid only if price close above the trend line which is less likely.
February 25, 2019, 09:30:02 AM
Yesterday's dump was because of some miner who transferred 2500 BTC in Bitfinex and sold directly. He was not a trader, because a several hours earlier, he could have sold to an ask wall of 1180BTC at 4230$. This guy clearly went above the electricity expenses and decided to take his profit. May be he read the old news article: https://coinnounce.com/cryptocurrency-regulations-in-china-the-journey-and-the-current-status/
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!
Can I ask where you got this info from?
I get this info from the same source Lambie gave:
https://www.reddit.com/user/kippysmith1231
16 minutes ago
"So far, we have no reason to believe that this means that our uptrend is over. As far as we can tell, this sell off was mostly one whale market selling off 2500 coins, which you can see being transferred and then immediately spent here:
https://snag.gy/nk8rRM.jpg
This triggered a lot of stop losses, and since we were at the top of our uptrend just below resistance, there were plenty of people happy to follow along and short it.
However, we have found support at the bottom of our current upward channel trend."
16 minutes ago
"So far, we have no reason to believe that this means that our uptrend is over. As far as we can tell, this sell off was mostly one whale market selling off 2500 coins, which you can see being transferred and then immediately spent here:
https://snag.gy/nk8rRM.jpg
This triggered a lot of stop losses, and since we were at the top of our uptrend just below resistance, there were plenty of people happy to follow along and short it.
However, we have found support at the bottom of our current upward channel trend."
Edit. For some reason I can't see anymore the post in reddit. May be it was deleted. Yesterday I saw the addresses and the times of transactions. Everything matched perfect. I never use false numberes like n00b trolls here, FYI.
February 25, 2019, 09:24:33 AM
Good Afternoon WO. Sad news. We lost another good forum member:
I always hate to hear such things, hopefully his family is doing well.RIP brother. See you on the other side.
February 25, 2019, 08:58:53 AM
For that fourth leg up and dump, the one whale theory holds.
That's what I've been telling you morons for years. The price of bitcoin has been controlled by a single entity operating on the fraudulent exchange Bitfinex ever since it was $200. It was solely manipulation from a single entity all the way up, and then a 9/11 controlled demolition all the way down. There is no actual bitcoin market. A market requires more than one actor. The market is completely fake.
February 25, 2019, 08:56:21 AM
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Well nobody new is buying at the moment, let alone $3B of new money. Down we go.That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
All the people that have been selling from higher prices will begin to buy after a couple of green candles.. its called FOMO.
February 25, 2019, 08:52:16 AM
Good Afternoon WO. Sad news. We lost another good forum member:
RIP brother. See you on the other side.
February 25, 2019, 08:36:19 AM
oh god now i gotta ddg anal fisting rope
She wouldn't believe me. Just said anal fisting? you can forget that idea. LMAO
https://youtu.be/VXsPqUFsArM?t=147
February 25, 2019, 08:22:33 AM
oh god now i gotta ddg anal fisting rope
February 25, 2019, 08:17:22 AM
Funny story, I brought some anal fisting gel and rope from the internet to make giant bubbles.
I didn't mention it to my gf and she found them one day when tidying.
I didn't mention it to my gf and she found them one day when tidying.
February 25, 2019, 08:16:56 AM
Yes, proof that too many pricks own too much bitcoin.
February 25, 2019, 08:16:11 AM
February 25, 2019, 07:32:46 AM
The dildo. It's coming.
WO fellows, get prepared
with lightning support
February 25, 2019, 07:24:11 AM
Quote from: https://breakermag.com/open-letter-the-ethereum-community-calls-for-end-to-threats-and-toxic-behavior/
Unfortunately, time and time again we have witnessed ecosystem members engage in toxic behavior that discourages open discussion such as doxxing, violent threats, or brigading against people they disagree with. In an instance just last week, one of our longest standing contributors, and the catalyzer of the Görli Testnet, Afri, received a wave of verbal violence from some Redditors, forced into the center of a storm on r/ethtrader which, triggered by a couple of tweets issued by him, turned menacing, dark, and deeply toxic. Under stress from this backlash and to protect himself and his family from threats coming from unknown internet users, he made the decision to leave his position as a core Ethereum developer.
not even funny 
February 25, 2019, 07:20:25 AM
The dildo. It's coming.
February 25, 2019, 07:17:11 AM
Arthur does front run the little fish when his mates need to flog off a big chunk; saw this in action over the past few days.
For that fourth leg up and dump, the one whale theory holds.
Meanwhile we sprats fiat cost average in and btfd at these paltry prices.
For that fourth leg up and dump, the one whale theory holds.
Meanwhile we sprats fiat cost average in and btfd at these paltry prices.
February 25, 2019, 07:10:21 AM
Now THAT is what I’m talking about. Could maybe do with a few more blacked out windows, nobody wants to see you jerking off on the sofa.
On the other hand, it could protect you from pirates.
February 25, 2019, 06:58:35 AM
There will only be 818,913 more bitcoin mined before the next halvening event.
That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Well nobody new is buying at the moment, let alone $3B of new money. Down we go.That is only $3 billion worth of bitcoin.
Let bears enjoy a few extra percentage points.
Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.
https://twitter.com/alecziupsnys/status/1099746204433506304?s=21
Well, that doesn't include any existing holders who wish to cash out a little bit to fiat.
A net sale is a given for the next year or so, but that might only mean a slow drift down, not a sudden move at a predictable time..
IMO any new buyers in the next year or two will take up the issuance, leaving the price in a stable range. If volatility is low for a long time, it will ease objections about volatility making real use cases difficult..
Between 3k and 4k until 2021 is quite possible.
February 25, 2019, 06:54:47 AM
Except on Mex even a tiny order can have massive slippage.
Which I think shows their books are cooked.
Stop losses have their place on a proper exchange. You need tools to take you out of a position if the market turns.
Which I think shows their books are cooked.
Stop losses have their place on a proper exchange. You need tools to take you out of a position if the market turns.
February 25, 2019, 06:48:23 AM
Not spread, slippage. As in you place a stop loss at $3650 and it executes a sell at $3570.
But that depends on how big your order is. Nowadays I just play with multiple fraction of a BTC orders, so no slippage for me.
Stop losses always have had an ugly outcome. That's why I never use them.
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