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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23741. (Read 26714004 times)

legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
In about 6 days, 6 hours and 6 minutes blood will flow through the streets.
These times gentlemen, are very critical for the future of bitcoin and any other cryptocoin.
I'm finally making some profit. That means more coins, fuck it when they become worthless shit. I can say I was there,.... and be poor and broke...

My bearish scenario also says THE bottom in 6 - 7 days, according to the speed of the latest events, but it's a moving target.
And the bearish scenario requires (for start) some dumps during the next hours.
Need to start dumping within minutes. Cannot go higher than 292. Otherwise we're (I am) fucked. Grin
At least there is already a nice fake wall Smiley

Doesn't look like serious dumping will start within minutes, more like testing resistance at 290$ again. IMO it will take 2 - 3 hours for more consistent dumps.

You were right Smiley
What indicators do you use trade?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Looks like sellers on stamp will have some hard time buying back their coins  Grin
I wonder how many dozens of posts I made warning about this?
legendary
Activity: 2170
Merit: 1094
Last opportunity to go short at 290

Maybe, but I'll wait for another 5 - 6 hours for market indicators to confirm it, even if price will be at 285$ by then.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Last opportunity to go short at 290
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Quote from: findftp link=topic=178336.msg10067289
Thank you for confirming my thoughts.
Next 5 days are critical

Care to repost your recent price chart with the future guessed on it?

Yes I have a detailed one,.. but I've only sent it to a good friend and stored it for future reference.
You can still take the first one which is pretty accurate about relative movement, but not about the price.

This picture is pretty much what happened although the chart is much more bullish than reality.
We do not go as low as the deepest spike. 240 should hold more or less.

You should rotate the picture a bit to make it realistic.
Arrow on the right is where we're at.

By request, here:
A picture I made december 17th. A lot has changed since then.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1176
Merit: 1000
Quote from: findftp link=topic=178336.msg10067289
Thank you for confirming my thoughts.
Next 5 days are critical

Care to repost your recent price chart with the future guessed on it?
sr. member
Activity: 560
Merit: 250

If you're a shallow guy and into the fake and unnatural, than this gif is indeed the way to go. I for one will look at real women.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
I'm still expecting a plunge to as low as $220, but I'm buying anyway. These prices are just too low to pass up. I just don't think there was enough volume in the bounce off of $255 for it to be a final bottom. Worst case scenario is cascading margin calls that drop us to $200. Unlikely but possible. Ironically Stamp's suspended operations has given me and I suspect others time to pad our margins.  It also halted some panicked people.

A successful retest of $255 where it holds on even higher volume means a very likely end of the bear market, but it's way too soon to call it. Best case scenario is that Coinbase went down due to overwhelming buying. I doubt that's really the case but it's possible. If people really were naked short-selling, then there will be (and possibly is) a scramble to find coins in order to cover.

The least likely scenario is we go straight up from here. If that happens, a lot of short positions will be force liquidated causing a massive spike with a major retracement. If that happens, go margin short as close to the top as you can and then cover on the retracement.

Thank you for confirming my thoughts.
Next 5 days are critical
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
this points to more than just a wallet hack, whoever swept those coins into that wallet before clearing it must have had access to more than just the wallet.dat file...
Bitstamp lost their virginity.
legendary
Activity: 1176
Merit: 1000
So price drifting up. Some big sell walls capping the price on finex. Longs now down to 18.x million usd and btc swaps at 22,X00, still pretty much at ATH. Interest on usd lower than btc. The only question is how many of those swaps have been sold into the market - i would guess lots.

People seem to be expecting stamp to buy up the market, very unlikely, they will do an OTC trade i would guess. Either way those 18,000 coins need to be replaced. A single large market buy can really upturn the cart right now.

 Smiley

hero member
Activity: 583
Merit: 500
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
This poll is so old. All it's doing is collecting new votes for the obvious answer.
hero member
Activity: 656
Merit: 500


Do you know what happened to that guy that sold real bitcoins for goxcoins towards the end?

from what I heard, the operator of the exchange ("Bitcoinbuilder" I think)traded all or most of his profits for gox coins and got wiped out when Gox took the big dirt nap.

That was the dumbest business idea ever! I know hindsight is 20/20, but we could all smell the stench of death by then.

It would have been brilliant if he had taken his profits in real BTC and also traded away his own stash of goxcoins. He helped a lot of people cut their losses.

When the kraken distributes what is left, does he still get it though ? Wasnt he buying them on 10% of the real price towards the end ?
legendary
Activity: 1106
Merit: 1007
Hide your women


Do you know what happened to that guy that sold real bitcoins for goxcoins towards the end?

from what I heard, the operator of the exchange ("Bitcoinbuilder" I think)traded all or most of his profits for gox coins and got wiped out when Gox took the big dirt nap.

That was the dumbest business idea ever! I know hindsight is 20/20, but we could all smell the stench of death by then.

It would have been brilliant if he had taken his profits in real BTC and also traded away his own stash of goxcoins. He helped a lot of people cut their losses.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC


Do you know what happened to that guy that sold real bitcoins for goxcoins towards the end?

from what I heard, the operator of the exchange ("Bitcoinbuilder" I think)traded all or most of his profits for gox coins and got wiped out when Gox took the big dirt nap.

That was the dumbest business idea ever! I know hindsight is 20/20, but we could all smell the stench of death by then.
legendary
Activity: 1456
Merit: 1000
wow @ price movement  Shocked
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