Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22251.

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: rolling on March 29, 2015, 09:48:59 PM

Quote from: tarmi on March 29, 2015, 09:47:47 PM

this is a clear sign to me that this market is over-leveraged.

that on ok coin was just a massive short position closing, then other panicked and closed their positions and you have this ridiculous situation that we are back from when we started this descent. Cheesy

this fucker is going down again. just a matter of time.

Oh yeah, no doubt about it!

go ahead and buy sucker.

make my day.

coinableS

legendary

Activity: 1442

Merit: 1188

Quote from: Cconvert2G36 on March 29, 2015, 09:46:31 PM

My guess: The desire to be long for monday morning news. The possibility of GBTC doing something. Expect covering and sell off if nothing.

Winkies have been pretty quiet lately. Could be gemini news.

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

Quote from: Miz4r on March 29, 2015, 09:32:20 PM

Quote from: rolling on March 29, 2015, 09:17:11 PM

Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.

It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell).

This is true otherwise many more people would've been able to snag something at the last real low. The despair/unknowing period sometimes just makes people stunned and in a bind as to what to do next. Hopefully, people have learned. However, tonight no one knew the bottom would be around 236-7 and the chance passed them by, including me at this point. But I did bag some good swaps.

rolling

hero member

Activity: 824

Merit: 712

Quote from: tarmi on March 29, 2015, 09:47:47 PM

this is a clear sign to me that this market is over-leveraged.

that on ok coin was just a massive short position closing, then other panicked and closed their positions and you have this ridiculous situation that we are back from when we started this descent. Cheesy

this fucker is going down again. just a matter of time.

Oh yeah, no doubt about it! Clear downtrend for the last 19 days.

tarmi

legendary

Activity: 1232

Merit: 1011

this is a clear sign to me that this market is over-leveraged.

that on ok coin was just a massive short position closing, then other panicked and closed their positions and you have this ridiculous situation that we are back from when we started this descent. Cheesy

this fucker is going down again. just a matter of time.

ridiculous.

Cconvert2G36

sr. member

Activity: 392

Merit: 250

My guess: The desire to be long for monday morning news. The possibility of GBTC doing something. Expect covering and sell off if nothing.

rolling

hero member

Activity: 824

Merit: 712

Quote from: bad trader on March 29, 2015, 09:43:40 PM

I think it's risky to trade until GBTC trading begins. I do not know how or if it will affect the market.

Like risk ever stopped the degenerate gambler day-traders?

Morecoin Freeman

hero member

Activity: 854

Merit: 503

Legendary trader

If you are looking for profit: volatility > stability.

bad trader

sr. member

Activity: 344

Merit: 250

I think it's risky to trade until GBTC trading begins. I do not know how or if it will affect the market.

Morecoin Freeman

hero member

Activity: 854

Merit: 503

Legendary trader

tarp

rolling

hero member

Activity: 824

Merit: 712

Quote from: Cconvert2G36 on March 29, 2015, 09:39:24 PM

Stable is the one thing you definitely don't get in the bitcoin market, maybe some hours of flatlining. If it ever is stable, you wouldn't ask the question.

When I say stability, I mean a stable sustained uptrend that reflects all of the great things happening in Bitcoin.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Back above 240 for good or trap?

Cconvert2G36

sr. member

Activity: 392

Merit: 250

Stable is the one thing you definitely don't get in the bitcoin market, maybe some hours of flatlining. If it ever is stable, you wouldn't ask the question.

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: rolling on March 29, 2015, 09:34:57 PM

Quote from: Miz4r on March 29, 2015, 09:32:20 PM

Quote from: rolling on March 29, 2015, 09:17:11 PM

Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.

It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell).

Well, that sucks. Do we really need Wall Street market makers before we have a stable market?

You think this is volatile? Wait til they really do enter and hold on to your hat.

empowering

legendary

Activity: 1078

Merit: 1441

Meh.... no DOOOOM Angry

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: podyx on March 29, 2015, 09:36:44 PM

Maybe a double bottom?

gtfo

podyx

legendary

Activity: 2338

Merit: 1035

Maybe a double bottom?

rolling

hero member

Activity: 824

Merit: 712

Quote from: Miz4r on March 29, 2015, 09:32:20 PM

Quote from: rolling on March 29, 2015, 09:17:11 PM

Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.

It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell).

Well, that sucks. Do we really need Wall Street market makers before we have a stable market?

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: rolling on March 29, 2015, 09:17:11 PM

Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.

It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell).

rolling

hero member

Activity: 824

Merit: 712

Quote from: bad trader on March 29, 2015, 09:19:49 PM

Quote from: rolling on March 29, 2015, 09:17:11 PM

Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down.

What if it came from the same non-believers/whales/manipulators/sadists? Shocked

Ah ha!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22251. (Read 26709752 times)