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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20997. (Read 26623612 times)

sr. member
Activity: 448
Merit: 255
shit ,i am too scared to sell this low Undecided
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
Is Theymos running this site from his laptop? Can someone send him a NUC so he doesn't have to turn off apache every time he wants to sell some coins?

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
We are going down from 280$ to 220$ in less than 10 days because two shills want to prove their might by forking bitcoin?

Okay, so now we know how little you understand the market. Thanks for sharing, partner!   Grin

Quote from: AizenSou
The answer from community is clear now, Gavin & Mike ?

Yup. 14% of nodes now and rising.  Cool

LOL Gavin&Mike fanboys. I don't want to discuss about blockchain size anymore, I just look at the price, ok?
Prove me wrong otherwise GTFO.

Btw, your 14% is mostly new nodes. Existing nodes doesn't change.

No, we're going down because investors are starting to pay attention and realize that a coin capped at 2-3 tps does not deserve a $3 billion market cap.
Scaling to 56 transaction per second by forcing doesn't magically increase the market cap either.

Nodes up by 16% in a couple of days? Looks like Gavin and Hearn fixed the node decline as well then.
legendary
Activity: 1358
Merit: 1016
I feel a bit like I'm in a Freddie Kruger movie, I'm too scared to go to sleep.
I don't want to wake up & discover that we're at like 140 USD. PRAY FOR US Sad


I am thinking sub $200. Good night mate! Zzz
legendary
Activity: 1159
Merit: 1001
legendary
Activity: 2002
Merit: 1040
I feel a bit like I'm in a Freddie Kruger movie, I'm too scared to go to sleep.
I don't want to wake up & discover that we're at like 140 USD. PRAY FOR US Sad

Here, this should help you get some shut-eye...


https://www.youtube.com/watch?v=iQXmlf3Sefg
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I feel a bit like I'm in a Freddie Kruger movie, I'm too scared to go to sleep.
I don't want to wake up & discover that we're at like 140 USD. PRAY FOR US Sad
hero member
Activity: 854
Merit: 1000
am i rich yet?!?!

grrr
hero member
Activity: 938
Merit: 1000
We are going down from 280$ to 220$ in less than 10 days because two shills want to prove their might by forking bitcoin?

Okay, so now we know how little you understand the market. Thanks for sharing, partner!   Grin

Quote from: AizenSou
The answer from community is clear now, Gavin & Mike ?

Yup. 14% of nodes now and rising.  Cool

LOL Gavin&Mike fanboys. I don't want to discuss about blockchain size anymore, I just look at the price, ok?
Prove me wrong otherwise GTFO.

Btw, your 14% is mostly new nodes. Existing nodes doesn't change.

No, we're going down because investors are starting to pay attention and realize that a coin capped at 2-3 tps does not deserve a $3 billion market cap.
Scaling to 56 transaction per second by forcing doesn't magically increase the market cap either.
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
We are going down from 280$ to 220$ in less than 10 days because two shills want to prove their might by forking bitcoin?

Okay, so now we know how little you understand the market. Thanks for sharing, partner!   Grin

Quote from: AizenSou
The answer from community is clear now, Gavin & Mike ?

Yup. 14% of nodes now and rising.  Cool
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Is Theymos running this site from his laptop? Can someone send him a NUC so he doesn't have to turn off apache every time he wants to sell some coins?

maybe his laptop is on fire?
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Is Theymos running this site from his laptop? Can someone send him a NUC so he doesn't have to turn off apache every time he wants to sell some coins?
member
Activity: 73
Merit: 10
We are going down from 280$ to 220$ in less than 10 days because two shills want to prove their might by forking bitcoin?

The answer from community is clear now, Gavin & Mike ?
No, we're going down because investors are starting to pay attention and realize that a coin capped at 2-3 tps does not deserve a $3 billion market cap.
hero member
Activity: 854
Merit: 503
Legendary trader
hero member
Activity: 938
Merit: 1000
We are going down from 280$ to 220$ in less than 10 days because two shills want to prove their might by forking bitcoin?

The answer from community is clear now, Gavin & Mike ?

hero member
Activity: 910
Merit: 1000
Hmm.. it's looking like the rollercoaster ride isn't over quite yet. Should I be wearing my seatbelt?
hero member
Activity: 798
Merit: 1000

...And the other 21 million obviously didn't fold even at $162.


Not all longs with liquidation price under $200 were liquidated. The liquidations were paused to allow the market to recover. How many are left and whether it's worth the risk of selling the market down to those prices again is any one's guess however.

Do we know at what point the liquidations were paused?

No but they have a system where if an order or liquidation moves the market by a certain % they wait to execute them.

Also after having multiple conversations with Phil from BFX before their liquidation system is very very dodgy. He explains it a little bit in the recorded teamspeak chat that's on soundcloud now.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

...And the other 21 million obviously didn't fold even at $162.


Not all longs with liquidation price under $200 were liquidated. The liquidations were paused to allow the market to recover. How many are left and whether it's worth the risk of selling the market down to those prices again is any one's guess however.

Do we know at what point the liquidations were paused?
hero member
Activity: 798
Merit: 1000
"Maybe we'll get a retest of lows, but it'll probably be a higher low."

So down then.

Depends what time frames your looking at completely. Weekly MACD is about to turn down.

We shall see, still $25 million in longs on BFX, LOL and that's after being told for the last 3 months that $30 million in longs was okay.

Standard triangle consolidation is occurring at the moment and I would seriously not be surprised to see it break out again to the downside. Where did all the bids go on Bitfinex? This could get so so ugly, where is everyone long on Finex going to close into?!

We shall see, its all speculation but there could still easily be a complete wipe out of those longs before we go anywhere.

Down slightly, then up. Catching a short here is dangerous.

If the longs are well-financed, it will take a dip to $100 or below to call them. You really think bearwhale will risk taking out another $3 million short? Everyone thought the sky was falling after $166 yet the best trade would have been long from there. I longed at $180 when everyone was crying about the end of Bitcoin.

Sell climaxes are meant to unnerve investors and encourage shorts in inexperienced traders. I bet you went short after the crash to $166 too.


No as I said if you wanna check my posts I was short from $280's on futures. I'm up a few hundred percent atm. Im also not short BTC atm, I'm hedged to protect my $ value and am crushing Forex instead  Grin

Look as always we shall see BUT do you really think that if this shit tanks, like really really tanks that an exchange like BFX can survive and make lenders whole. These are worse case scenarios but its a very scary time to have all your money in coin and on exchanges.

Um yeah, bearwhale just made a shit ton of money shorting high 200's it takes so little money now to start moving downwards again, everyone who opened trades around here and a little lower will want out, there's no bid side left on BFX anymore what are they going to close into.
hero member
Activity: 545
Merit: 500
We are now looking at the next huge wave down last seen summer 2014 (ofc with some bounces), we might find some ground at 230 (longterm trendline since april 2013) - if it fails we collapse into 1xx and then double digits.

Right now the price is $250 - advice, short.

If it comes true double digits will be around december this year (2015). My guess is $77.

Saved for future reference.

Edit: Within a year I also expect bitstamp & bitfinex to collapse (bankruptcy).

Excellent timing I must say, pure luck of course. And we have found ground as expected at 230. My position is still short.
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