Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21182.

sAt0sHiFanClub

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Warning: Confrmed Gavinista

Quote from: inca on July 27, 2015, 05:48:21 PM

Quote from: bassclef on July 27, 2015, 05:41:43 PM

Quote from: inca on July 27, 2015, 05:31:09 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

But we will be back to 230 by Friday.

I see the bears are shorting again here at 300. It is basically a last stand for them.

Any appreciable buying now will eviscerate the remaining 10,666 shorts on finex.

Place your bets!

If the bears don't understand or care to learn about the context of the market compared to its prior actions--that is, how the last six months has been coiling the spring of this rally--they deserve to lose money.

I do wonder if they believe the crap they spew.

I only believe you, inca.. Grin

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V

Fakhoury

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Permabull Bitcoin Investor

Quote from: Fakhoury on July 27, 2015, 02:05:19 PM

Quote from: bassclef on July 27, 2015, 01:35:44 PM

Price looks ready to move out of the trading range. Phase A selling climax and automatic reaction scared most of the weak hands from the market. Phase B provided good opportunities to collect in the lower $200s and sell the high $200s. Phase C testing was unable to break support below $220, a clear indication of no supply. Phase D is a reaction to phase C--a clean, strong rally with very little selling. Phase E is the markup, yet to be seen.

Last points of supply to build long positions were $220 and $275. Medium term point & figure target $400-$500.

Exhibit A

Exhibit B

Any time range for phase E bassclef ?

Bassclef, kind reminder my friend

inca

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Quote from: bassclef on July 27, 2015, 05:41:43 PM

Quote from: inca on July 27, 2015, 05:31:09 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

But we will be back to 230 by Friday.

I see the bears are shorting again here at 300. It is basically a last stand for them.

Any appreciable buying now will eviscerate the remaining 10,666 shorts on finex.

Place your bets!

If the bears don't understand or care to learn about the context of the market compared to its prior actions--that is, how the last six months has been coiling the spring of this rally--they deserve to lose money.

I do wonder if they believe the crap they spew.

slap

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Activity: 564

Merit: 502

Quote from: findftp on July 27, 2015, 05:29:56 PM

What's with all the newbies on this forum this week?
New adoption?

Well, I just wanted to join the forum to give some farting_shot a reply.
Been a ~~holder~~ hodler for some time.
Sick and tired of those emptyminded posts about gloom and doom. Silly kids.
Guess the same goes for some permabulls overhere? Wink

btw someone knows anything about the meeting microsoft apparently has regarding btc/ blockchain?
Could be a katalysator for some upward movement. I guess.

Will accumilate more when confirmation around 310 has been.

sAt0sHiFanClub

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Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: JimboToronto on July 27, 2015, 05:37:13 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:29:23 PM

Quote from: BrewCrewFan on July 27, 2015, 05:23:43 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.

But we will be back to 230 by Friday.

If that is the case you should be more than happy to take 10 bucks over your spot price then, after all, giving you 10 dollar profit.

More profitable to sell at 290 and buy them back at the lower price. If you are a hoddler, then you may not get that.

What this holder doesn't get is how you can be so sure it's going to be appreciably lower on Friday, let alone all the way down to $230.

Sounds like a typical beartard pipe dream.

Well, on balance, you are right - 'appreciably lower' would have been a better term than '230'. But '230' gets a better reaction!!

Its just a hunch - I think a lot of the recent gains have come from Asian money hedging their stock market woes. I think when the dust settles on Thursday, there will be a lot of bargain hunting on the Beijing market, pulling money out of the bitcoin markets.

bassclef

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Quote from: inca on July 27, 2015, 05:31:09 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

But we will be back to 230 by Friday.

I see the bears are shorting again here at 300. It is basically a last stand for them.

Any appreciable buying now will eviscerate the remaining 10,666 shorts on finex.

Place your bets!

If the bears don't understand or care to learn about the context of the market compared to its prior actions--that is, how the last six months has been coiling the spring of this rally--they deserve to lose money.

JimboToronto

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You're never too old to think young.

Quote from: sAt0sHiFanClub on July 27, 2015, 05:29:23 PM

Quote from: BrewCrewFan on July 27, 2015, 05:23:43 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.

But we will be back to 230 by Friday.

If that is the case you should be more than happy to take 10 bucks over your spot price then, after all, giving you 10 dollar profit.

More profitable to sell at 290 and buy them back at the lower price. If you are a hoddler, then you may not get that.

What this holder doesn't get is how you can be so sure it's going to be appreciably lower on Friday, let alone all the way down to $230.

Sounds like a typical beartard pipe dream.

Fakhoury

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Permabull Bitcoin Investor

I feel if my ignore list had a mouth, it would yell and scream on me !!

ssmc2

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Quote from: inca on July 27, 2015, 05:31:09 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

But we will be back to 230 by Friday.

I see the bears are shorting again here at 300. It is basically a last stand for them.

Any appreciable buying now will eviscerate the remaining 10,666 shorts on finex.

Place your bets!

My money's on squuuuuuuuuuueeeeeeeeze.

inca

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Activity: 1176

Merit: 1000

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

But we will be back to 230 by Friday.

I see the bears are shorting again here at 300. It is basically a last stand for them.

Any appreciable buying now will eviscerate the remaining 10,666 shorts on finex.

Place your bets!

criptix

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Activity: 2464

Merit: 1145

Quote from: Feri22 on July 27, 2015, 05:25:29 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.

But we will be back to 230 by Friday.

I will buy 10 BTC for 230 on friday from you...what do you say?

sell it to me now i will pay you 240!!!

findftp

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Activity: 1022

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Delusional crypto obsessionist

Quote from: ?? on ??

Quote from: rjclarke2000 on July 27, 2015, 04:06:47 PM

Quote from: Greendragon on July 27, 2015, 03:46:10 PM

Quote from: rjclarke2000 on July 27, 2015, 03:30:30 PM

Are we at $10k yet?

Am I still going to work tomorrow?

I'm already retired at 23 Cool

From Bitcoin or rich parents?

He meant "retarded."

Pretty good quote from a newbie ;-)

What's with all the newbies on this forum this week?
New adoption?

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: BrewCrewFan on July 27, 2015, 05:23:43 PM

Quote from: sAt0sHiFanClub on July 27, 2015, 05:17:43 PM

Beijing market is in meltdown, so expect some temporary gains in Bitcoin. Next few hours will be interesting.

But we will be back to 230 by Friday.

If that is the case you should be more than happy to take 10 bucks over your spot price then, after all, giving you 10 dollar profit.

More profitable to sell at 290 and buy them back at the lower price. If you are a hoddler, then you may not get that.

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: criptix on July 27, 2015, 05:18:46 PM

how do westerners short chinese stocks?
eli5 please!

coz its a sure thing. right now. Chinese authorities made the fatal mistake of trying to fight the market.

edit: my bad - misread your "how" as a "why"

Feri22

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