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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20261. (Read 26707826 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
.... I think you'll find you've forgot a zero. Shorts are way below longs in USD.

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.

No bounce. Christmas is cancelled.
full member
Activity: 158
Merit: 100
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!

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 Wink
hero member
Activity: 748
Merit: 500
It's that time again when you MUST put on ignore EVERY newbie account with activity < 5 without reading the post.
legendary
Activity: 1428
Merit: 1000
was it that hard to close your longs when we went parabolic to 500$?


 At least for me it wasn't....

Asks were empty at 500 , now sellers flock at 350. Greed and Panic..
hero member
Activity: 840
Merit: 1000
was it that hard to close your longs when we went parabolic to 500$?


 At least for me it wasn't....

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!
hero member
Activity: 1011
Merit: 721
Decentralize everything
Wow, Lambie's sock puppets out in force today
hero member
Activity: 840
Merit: 1000
.... I think you'll find you've forgot a zero. Shorts are way below longs in USD.

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.
sr. member
Activity: 448
Merit: 256
was it that hard to close your longs when we went parabolic to 500$?


 At least for me it wasn't....
hero member
Activity: 840
Merit: 1000
How low does everybody think we will realistically go in the short term?

I usually buy 2 bitcoin's every month to HODL on pay day but the short term price may influence that. Thinking about buying more if we continue to tank?

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

i.e. in between 61% - 78% retracement zone from the $500 high. This is the traditional smart money load up zone.

But this rule would only apply if Bitcoin were actually in a Bull Market. I believe that it is, what you believe is up to you to make up your own mind on.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Looks like the whale has finally tired of the "keep-selling-into-my-own-walls" game.  Cause no takers, he's not making any money.  So no bounce.  Cry

Will be much more fun to margin call the leveraged longs on the way down.

Leveraged Longs are about half the USD amount of the Shorts. You would have to go back to March 2015, until you got to a point where the leveraged longs were as low as they are now on Bitfinex. Shorts are pretty low as well, but still more than twice the volume of the longs......





.... I think you'll find you've forgot a zero. Shorts are way below longs in USD.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
How low does everybody think we will realistically go in the short term?

I usually buy 2 bitcoin's every month to HODL on pay day but the short term price may influence that. Thinking about buying more if we continue to tank?
hero member
Activity: 840
Merit: 1000
Looks like the whale has finally tired of the "keep-selling-into-my-own-walls" game.  Cause no takers, he's not making any money.  So no bounce.  Cry

Will be much more fun to margin call the leveraged longs on the way down.

Leveraged Longs are about half the USD amount of the Shorts. You would have to go back to March 2015, until you got to a point where the leveraged longs were as low as they are now on Bitfinex. Shorts are pretty low as well, but still more than twice the volume of the longs......



legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
legendary
Activity: 1260
Merit: 1002
meanwhile in okcoin world :


legendary
Activity: 1624
Merit: 1008
352, let's wait a wee bit and see if my hands are bloody Wink
legendary
Activity: 3794
Merit: 5474
Looks like the whale has finally tired of the "keep-selling-into-my-own-walls" game.  Cause no takers, he's not making any money.  So no bounce.  Cry

Will be much more fun to margin call the leveraged longs on the way down.
ImI
legendary
Activity: 1946
Merit: 1019
Do you think there's an imminent dump also considering the auctioned coins?

nope

auction coins stay where they are. those buyers usually dont care about little gains and swings. they are in for the long haul.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 1792
Merit: 1047
hero member
Activity: 1008
Merit: 1000
Do you think there's an imminent dump also considering the auctioned coins?

That's what I'm wondering, if these are auction coin entering the market that not really a bad thing being we are getting our btc back from the government.  
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