Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20258. (Read 26707481 times)

http://www.bloomberg.com/news/articles/2015-11-10/hackers-accused-by-u-s-of-targeting-top-banks-mutual-funds

hacking the system hackers

Lol.  You mean that Chinese exchange accounts couldn't possibly be owned by the same whale that own Stamp and Bitfinex accounts?

Two indictments, unsealed Tuesday, tied three of four suspects to previously reported hacks of JPMorgan Chase & Co., E*Trade Financial Corp., Scottrade Financial Services Inc. and Dow Jones & Co., a unit of News Corp.

Hackers and conspirators in more than a dozen countries generated hundreds of millions of dollars in illicit proceeds om pump-and-dump stock schemes and particularly lucrative online gambling, prosecutors said.

The global network, with 100 employees and co-conspirators, stretched from Israel to the U.S., with a dozen online casinos and payments that ran through Cyprus, Azerbaijan and Switzerland.

The co-conspirators deceived financial institutions into processing and authorizing payments to and from the casino companies and others, prosecutors wrote in their latest indictment of Gery Shalon, Joshua Aaron and Ziv Orenstein, who they say are at the center of the scheme. Shalon and Orenstein were arrested in Israel in July. Aaron remains at large.

... and just like that all the mainstream media bitcoin-pump articles stopped, like magic.

Price-perception manipulation, TA analysis tool price-targetting, HFT, leveraged derivatives, say hello to Wall St. guys this is what you asked for.

Looking at long term candles, bounces are always accompanied by big fuckgin strong green candles that counter the big strong red candle....

however....looking at the shorter term candles, what you are looking for at a bottom, is basically an exhaustion of selling pressure....less and less willingness to sell at a price point. Less and less volume.

Likewise, I remember looking at $500 Bitcoin for a good a few hours, before the whales had decided that there was no fuel left, and started selling into the FOMO Bid Walls. In that case, it was exhaustion of buying pressure.

I guess I did ok not buying back then...





...or is the bounce imminent?

It's that time again when you MUST put on ignore EVERY newbie account with activity < 5 without reading the post.

If this is a Bull Market, and I believe it is....then we are right in accumulation zone right now.

Wow. +1 for being honest with yourself and admitting these things. I think there are a lot of very butthurt people lurking among us who traded like you.

Next time leave your emotions in the garden

No bounce. Christmas is cancelled.

Fuck me! Yer right n all!

Longs are like 5 times larger in volume than shorts!....

but never mind, Stamp Whale has decided to start buying into his own Ask walls now, so here comes the bounce.

You wouldn't believe the retarded manoeuvres I pulled off during that parabolic rise, with hefty profits being turned to a small loss, courtesy of Krakens magic dissappearing Sell quantity function, when you change from Limit order, by clicking the Market tab....thought I had made a good whack, but I had just Market Sold 0 Bitcoins.....since this was a leveraged postion to compensate for coming out the market way too early, and I feared a brutal correction at any moment, I panic sold my position......this was still in uppr $300s on the way up......

...Having flew into a rage at the fucking Kraken interface, I then decided to keep away from Bitcoin. When I came back, I bought in at $390. I sat looking at $505, remembering the absolute disgust of selling BTC earlier way too early, I decided I was going to hold. Then Bitcoin crashed down to $365, and I bought more again at $390.

So I am sitting bag holding from $390, and despite having been bullish on Bitcoin for months now (and I still am), If I were to cash out now, I will have actaully taken a loss on Bitcoin.

I am a fucking diabolical trader........anyone who remembers me as a Bear from the ATH, all the way down to the bottom, who kept shorting Bitcoin and reporting winning small, but losing big, will tell you I am a fucking awful trader of Bitcoin......

........But I am learning. Once upon a time, I would have sold at $360. I very nearly did, but the a bitter taste of past mistakes came into my mouth, and I closed the browser, and went outside and done a bit of gardening.....you may argue that Bitcoin, went to $550, so I should have sold, but this is bullshit. I wouldn't have bought in then, and I wouldn't have bought in now, as my emotional confirmation bias would have flip flopped....had I sold at $360, I would have no doubt bought back in at $390!