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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22977. (Read 26709638 times)

hero member
Activity: 924
Merit: 1000
Hmm Old Crypto taking big positions at BTCe. Could be bullish.

PPC was pumped and dumped like some whore. 200% up in 2 hours then dump to starting point.

Doesn't mean the buyer(s) dumped it all. Looks like the buying ran into heavy sell orders by the looks of those candle wicks. Probably bagholders cashing out.

Just wonder why they would choose to resurrect those old school coins.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Hmm Old Crypto taking big positions at BTCe. Could be bullish.

PPC was pumped and dumped like some whore. 200% up in 2 hours then dump to starting point.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 924
Merit: 1000
Hmm Old Crypto taking big positions at BTCe. Could be bullish.
legendary
Activity: 1120
Merit: 1000
Peercoin back to pre pump levels, this is ridiculous..
Nobody cares about shitty altcoins

stay here for some time.

You will see people cheerleading ripple and other coins sometimes(even LTC)
legendary
Activity: 1512
Merit: 1012
spam greek people ... and it can be up ...  Cheesy
legendary
Activity: 1281
Merit: 1046

Boring piece o' shit

legendary
Activity: 1106
Merit: 1007
Hide your women

What many traders are missing now is the significance of the selling climax to $160, and the subsequent retest of that area. It is an enormous sign of strength for that many coins to have been transferred from weak hands to strong. I keep hearing "the downtrend is still intact!" Well, technically it is, but you'd better have a close look at that super high volume area that stopped the selling, or you're ignoring a big message the market is trying to tell you.

I don't think most of those coins went from weak to strong hands. They went from bulls getting margin calls to people who will flip them for a quick profit. I think there is a short squeeze coming, but that doesn't mean that I think the bear market is over.

Could be. But the chart doesn't lie. Bulls may have been margin called but that would have contributed to the selloff as their long liquidation would sell into market. Someone stepped in to stop the selling, cover their shorts and scoop up those coins, or else the market would have gone lower. Somebody was willing to buy in hopes to sell at a higher price later. Simple logic there.

Also important and related (and slightly off topic)... a bulls market's success is defined by how much selling (supply) is introduced into it. Conversely bear markets are successful because there is not enough buying to stop the selling and bring supply/demand into equilibrium. Now if the "Four Punch Raiders" are ultimately bullish, it makes sense to remove as much selling as possible so to not impede their pumping.

That's a huge "if". I have seen no evidence at all that they are bullish and actually a preponderance of the evidence suggests the opposite. The short squeeze I am expecting will be followed by a bounce and then another crash, if the pattern continues.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
We're not the only ones with launch problems. Spacex had to cancel their launch today for the second day in a row, of the Discovr mission to L1. Wonder if it's connected. Then we should be To da Moon and Beyond tomorrow. If they can get that rocket off the pad.
hero member
Activity: 910
Merit: 1003
Well you're right about that, he is going to die eventually. I guess neither cold hard cash or digital fun bux can ultimately save any of us from that fate.

But maybe we can be entered in the blockchain somehow? That should beat being frozen in liquid nitrogen.
legendary
Activity: 3122
Merit: 1538
yes
Peercoin is a poster child of the potential.
full member
Activity: 364
Merit: 102
Warren Buffet -- the guy who all the bitcoiners claimed was too old and conservative to understand the potential of bitcoin -- is still enjoying his billions of dollars and auctioning off one of his luxury cars for charity this week, just because he can.

Meanwhile, bitcoiners are hoping that they can buy more than a matchbox car with the investment they made in this "revolutionary new technology". It must have really burned when their dreams of becoming rich got shattered and they realize they bought into the hype of digital funbux.
Warren Buffet will be dead in 10 years.
**** all his billions can do about that.

Well you're right about that, he is going to die eventually. I guess neither cold hard cash or digital fun bux can ultimately save any of us from that fate.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Peercoin back to pre pump levels, this is ridiculous..
Nobody cares about shitty altcoins

A lot of people do: don't kid yourself LFC. You before explained why you post here - and I won't get back at it - but keep an open mind, or you'll get trapped a second time. Bitcoin is not the final solution to everything, nor does it necessarily have to succeed.

Your memory is too good

Just saying it, and probably no one else here remembers it. Just stimulating you to keep your eyes and ears open. That's the best way of making a profit.

I hear you bro
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Warren Buffet -- the guy who all the bitcoiners claimed was too old and conservative to understand the potential of bitcoin -- is still enjoying his billions of dollars and auctioning off one of his luxury cars for charity this week, just because he can.

Meanwhile, bitcoiners are hoping that they can buy more than a matchbox car with the investment they made in this "revolutionary new technology". It must have really burned when their dreams of becoming rich got shattered and they realize they bought into the hype of digital funbux.
Warren Buffet will be dead in 10 years.
**** all his billions can do about that.
sr. member
Activity: 560
Merit: 250
Peercoin back to pre pump levels, this is ridiculous..
Nobody cares about shitty altcoins

A lot of people do: don't kid yourself LFC. You before explained why you post here - and I won't get back at it - but keep an open mind, or you'll get trapped a second time. Bitcoin is not the final solution to everything, nor does it necessarily have to succeed.

Your memory is too good

Just saying it, and probably no one else here remembers it. Just stimulating you to keep your eyes and ears open. That's the best way of making a profit.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Peercoin back to pre pump levels, this is ridiculous..
Nobody cares about shitty altcoins

A lot of people do: don't kid yourself LFC. You before explained why you post here - and I won't get back at it - but keep an open mind, or you'll get trapped a second time. Bitcoin is not the final solution to everything, nor does it necessarily have to succeed.

Your memory is too good
full member
Activity: 364
Merit: 102
Warren Buffet -- the guy who all the bitcoiners claimed was too old and conservative to understand the potential of bitcoin -- is still enjoying his billions of dollars and auctioning off one of his luxury cars for charity this week, just because he can.

Meanwhile, bitcoiners are hoping that they can buy more than a matchbox car with the investment they made in this "revolutionary new technology". It must have really burned when their dreams of becoming rich got shattered and they realize they bought into the hype of digital funbux.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 560
Merit: 250
Peercoin back to pre pump levels, this is ridiculous..
Nobody cares about shitty altcoins

A lot of people do: don't kid yourself LFC. You before explained why you post here - and I won't get back at it - but keep an open mind, or you'll get trapped a second time. Bitcoin is not the final solution to everything, nor does it necessarily have to succeed.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Peercoin back to pre pump levels, this is ridiculous..
Nobody cares about shitty altcoins
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