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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23486. (Read 26712353 times)

full member
Activity: 364
Merit: 102
bulls run out of energy already? worst rally ever... RIP bitcoin.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I just read a whole page without an ignored or a bear in sight. Are they exhausted yet? Cheesy

I'm not complaining.

Maybe they're all one person and he's asleep  Grin

LambTroll alone has like 10 accounts (I've ignored them all, hopefully) Tongue
hero member
Activity: 882
Merit: 1003
UNDERSOLD.

EMA is 290
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
legendary
Activity: 1025
Merit: 1000
I just read a whole page without an ignored or a bear in sight. Are they exhausted yet? Cheesy

I'm not complaining.

Maybe they're all one person and he's asleep  Grin
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I just read a whole page without an ignored or a bear in sight. Are they exhausted yet? Cheesy

I'm not complaining.

No, just that their job is done... Grin
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
I just read a whole page without an ignored or a bear in sight. Are they exhausted yet? Cheesy

I'm not complaining.
hero member
Activity: 784
Merit: 1001

They prolly started with much less, but have easily doubled up or more during every raid making them ~16X more powerful than when they started- 32X if you count this last one. These are technically skilled traders to begin with who would be profitable traders even if they weren't market movers and market makers. When you have skill to begin with, it takes much less ammo to push the market in the direction it wants to go anyway. Even I could walk it up and walk it back on a slow day with very low volume and--as has been pointed out several times--am just a hick fireman.

Surely they don't risk all of their capital every time. One miscalculation or piece of bad luck and you get wiped out.

They don't have to risk all of it because they are so powerful, they only risk what they need to risk. They were going to push the market down until there was a long squeeze. I have no idea how much of their capital it took but surely not all of it. The problem is there has been no real bounce yet like the other four raids. This is new. They may have been too successful in accumulating coins and now they have (like me ironically) too many coins that aren't worth anything. Yes, we can leverage them up to push the market higher, but not sustainably without a fresh infusion of fiat.

This may be an unrecoverable stall without Big Money coming to the rescue and who knows how long we're going to bleed before the vultures come in and pick over our carcasses. I am not selling, but I have to prepare for an indefinite period without additional income.

If these traders really know what they're doing, they probably have a stash of USD in reserve just in case the bounce needs a little help, wouldn't you think? A simple bump to $240 right about now would go a long way towards keeping hope (and by hope I mean their sheep) alive.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
sr. member
Activity: 316
Merit: 250
Price is stabilising in the short term.

I dont think its very likely that it will stabilize in this range for too long, i think it will either go to 160< or chu-chu to 250~ or so and settle down there.

I agree.  190 needs to hold here but no volume

No volume could be a sign capitulation is over and people will start buying back soon.
hero member
Activity: 559
Merit: 500
hero member
Activity: 784
Merit: 500
Price is stabilising in the short term.

I dont think its very likely that it will stabilize in this range for too long, i think it will either go to 160< or chu-chu to 250~ or so and settle down there.

I agree.  190 needs to hold here but no volume
hero member
Activity: 812
Merit: 1000
Price is stabilising in the short term.

I dont think its very likely that it will stabilize in this range for too long, i think it will either go to 160< or chu-chu to 250~ or so and settle down there.
legendary
Activity: 3122
Merit: 1538
yes
Price is stabilising in the short term.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 896
Merit: 1000
Just a matter of time..
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.


'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful' - Warren Buffett
sr. member
Activity: 434
Merit: 250
We need a reset to 2 or even 1 digit numbers, before the story with mtgox and its money from thin air. Maybe another bearish year will fix bitcoin.

Even though I have no technical reason I have to agree with you purely on what my personal valuation of BTC.

It isn't worth much more than single digits to me personally so I am reluctant to jump back in until then.

What if it never hits single digits?

I have other investments.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Throwback 2011:

Quote from: rizzn
Quote from: Olomana
Quote from: rizzn
There doesn't seem to be a great deal of new capital entering the system...
Bitcoins are still being mined, and some fraction of those are sold to pay for electricity.  There's enough new capital coming in every day to pay for the electricity.

I can agree with your first two assertions, but I don't see market evidence of the last one. If substantial amounts of capital were being brought in, there would be a number of indicators of that (most notably that the market would be trending up rather than down).

where's the timestamps?
I took them out so folks won't necro them. They are easy enough to search.
sr. member
Activity: 704
Merit: 270
Throwback 2011:

Quote from: rizzn
Quote from: Olomana
Quote from: rizzn
There doesn't seem to be a great deal of new capital entering the system...
Bitcoins are still being mined, and some fraction of those are sold to pay for electricity.  There's enough new capital coming in every day to pay for the electricity.

I can agree with your first two assertions, but I don't see market evidence of the last one. If substantial amounts of capital were being brought in, there would be a number of indicators of that (most notably that the market would be trending up rather than down).

where's the timestamps?
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