Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24198. (Read 26609053 times)

Stolfi has bet his reputation on the fact bitcoin is gonna fail, if it was driven to new highs by fake volume he'd probably kill himself.

The bot now changed to buying 1/100m share of the total every existing bitcoins every 7 seconds.

Could this be a way of accumulating larger quantities of bitcoins, without really moving the market too much or running the risk to get dumped on (bid wall)?

Way to go Shroomie, it worked, you bought silver at the very top of a dead cat bounce and you made it crash.

Well...

I don't wish to make any new trades until we have a strongish distinct trend or a semi-predictable fluctuation pattern with a high amplitude.
And what does your trading profit worth if the exchange closes before you can collect it?

I had ~8 BTC on Mt.Gox when they closed. I had a few BTC worth of shitcoins on the [I can't remember it's name altcoin exchange] when they closed. I was simply lucky I moved ~12 BTC from Mintpal to Bittrex before they closed their doors (I still had <1 BTC worth of altcoins there). And I am not sure but I guess Crytpsy probably scalped me when I was doing some gambling there with a few BTC because I never kept an external log of my trades and later I learned they were famous about making some BTC "magically disappear" from your account.

So, all in all, I guess I have a reason to be a little paranoid when something unusual is happening on a crypto exchange.
This bot is probably legit (I am not trying to spread some FUT about Bitfinex! I do not! I am just paranoid! That's all. It's me. - But I guess it's reasonable for me to be a little paranoid.)

Nevertheless, my last trade on Bitfinex wiped out all my USD/BTC profits of the last month (I got stop-runned exactly at the peak, like somebody saw my order at a non-even number).
So, I am extremely cautious now. I won't make any risky trades for a long time, I will wait for the "almost sure thing" even if takes months.
I even think I developed a little trading addiction here (even though I think it's perfectly normal to loose from time to time). I got emotional after I had some crazy shit in my personal life right when Bitcoin started it's (fake or real?) trend reversal game, so it was easier to make a wrong bet and make it worse with an "emotionally calculated stop price".

Had I not recollected my original "investment" during the summer, I would probably rage-quit now. And this must be rectified (no rage-quit, no emotional gambling, no high risk positions).

Hear hear. I genuinely think btc will succeed. But along the way there is too much money to be made with etf's and price manipulation for no more bubbles going forward.

Worked last year!

^
ChartBuddy tells me that his friend, pumpbot, is not up to the job.

Price @376

Stolfi, noone can stop the pump bots. Given the lack of laws in this area, it is inevitable that Bitcoin will be manipulated to new highs, even if it doesn't get there legitimately.

Explanation

MtGOX had such a robot too (not to be confused with the more famous Willy); it bought 0.1 BTC every 20-30 seconds, IIRC.  It was turned on during certain periods last December and January.  And I recall spotting another such robot at OKCoin.  They may have accounted for 10% of the volume on some days.

That volume right?  Is this thing even on?

Explanation

How can he make this statement based on his record?  And especially his record with MACD.  


Price topped out at $414 then retracted.


Price never dropped below $350 and rallied to $395


What? "Not super unexpected" was your explanation after the rally to $395.  Well, based on what you said, yes it was totally unexpected.  

It didn't break 400 and it wasn't a trap.


The price never hit $350 there was a very brief dip and again it rallied to $389.



This guy is a ripple troll in disguise. "confirmed".

My differently-enabled friend:

I'm from Russia, or Soviet Union, as it was known at the time.  My father was imprisoned for a 30-second political demonstration.  

Stay angry and stupid

How would you short if you withdrew all your money from bitfinex?

Stupid pictures Lamb. You wouldnt post those if you or your familly have been victim of totalitarian regime.

BE INOVATIVE OR SHUT UP!

Good... good...

I was tired about the over-repeated Chinese posters, so even though the "quality" remained comparable, he does makes it up on the "quantity", so we might should give him some credit for that.


I hate that Bitfinex bot. It's yet another reason for me not to buy back here but it would be a good reason to withdraw everything from Bitfinex for a now (but I can't withdraw USD).

Filthy infidel!
In this, the final Jihad, no quarter shall be given!

via Imgflip Meme Maker

The nazi-card now? It's getting embarrassing.