Where the hell did adam go??
he got arrested in the SR2 bust
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24641. (Read 26713097 times)
November 10, 2014, 08:27:55 PM
he got arrested in the SR2 bust
November 10, 2014, 08:23:21 PM
do you guys still believe we will go sub 300?
No. That's too low. I think the tide is turning the other way... if not right now then pretty soon (before $400)... but below $300 would be a cataclysm.
Agree. $340 is now bedrock. If we go lower, the machines will be upon Zion and all will be lost.
305ish is also possible. $340 or 305 would be 60/40 odds on the low of the next wave. With the $305ish, I'm reading the $275 as stretching outside the normal wave because longs got caught off guard, were scared, and the situation got out of hand. If that's true, then the last wave was actually a notch lower (controlling for the long squeeze) at $315-$320 versus $330. If that, then the next level down is $305.
The other way to read the chart is as you have -- the last 1d chart wave low was higher than the previous and the same will happen again whether we jump or consolidate. Very, very, very reasonable read.
But, below 300 is lunacy and also doesn't jive with the last low or the depth in the market right now. It's not only a catacylsm, it would be crazy to expect below 300 anytime in the foreseeable future.
November 10, 2014, 08:15:58 PM
Where the hell did adam go??
he got arrested in the SR2 bust
November 10, 2014, 08:14:44 PM
Where the hell did adam go??
he got arrested in the SR2 bust
November 10, 2014, 08:12:38 PM
do you guys still believe we will go sub 300?
No. That's too low. I think the tide is turning the other way... if not right now then pretty soon (before $400)... but below $300 would be a cataclysm.
Agree. $340 is now bedrock. If we go lower, the machines will be upon Zion and all will be lost.
November 10, 2014, 08:10:52 PM
do you guys still believe we will go sub 300?
No. That's too low. I think the tide is turning the other way... if not right now then pretty soon (before $400)... but below $300 would be a cataclysm.
November 10, 2014, 08:09:29 PM
You're all f---ing dead and you don't even know it, yet. Calling it... we don't get higher than $395 on this rally and we may have already seen the top. Back down to the low, low 300s. The bears haven't even placed most of their reserved shorts on the market, yet. This is going to get ugly.
Whatcha mean? Shorts are up 50% in the last 36 hours? Seems ultra bullish.
It would be... if they had already entered their shorts. Those are just reserved Bitcoin swaps that can be entered as shorts at any time... I mean, unless you saw about 6,000 BTCs fly off the board in one fowl swoop. Also, look at the one day... the wave is closing and the downdraft will be lower than the last proximate bottom.
Dude, I'm thrilled for people who took a long and made some money, but you might want to find the next short wave peak to exit... if you are lucky you might catch 380 or 390... but, absent the ETF breaking in the next couple of days or something dramatic, your bets are going to start turning against you.
Note: I don't even have a position so I'm not even just talking my book (moms needed some money short term so I'm outta the game for about a week). You guys are some randos that I shoot the s--- with on, here, so as much as I like s--- talking, I want to see you all win this game. So, at least rethink your position. I think it's turning against you... I can be terribly wrong... but look.
You are wrong quite frequently, even though you have a tendency to give specific recommendations with some kind of attempt at compelling conviction... seems a bit much to be attempting such.. and really in the end, your supposedly quasi-objective predictions do tend to come off as a form of book-talk.
Says the guy who berated everybody for not buying at $600, $550, $500, $450, $400... I actually tend to be right about the direction, but still kind of suck at nailing entry and exit points... I make some money, but I could do a lot better if I could get over laziness and actually aim to be better at TA.
You... probably don't make much money, but then again, you'll probably also never say you lost any money because you refuse to ever sell. My father was like you... he'd always talk about how much he won at the dog track, but we'd never have money for more than spaghetti-o's every time he went to the track. He'd only call his winners and pretend his losers never happened. Actually seems to be a big thing on this gambling site.
November 10, 2014, 08:07:37 PM
do you guys still believe we will go sub 300?
November 10, 2014, 08:06:42 PM
Where the hell did adam go??
he got arrested in the SR2 bust
November 10, 2014, 08:00:17 PM
November 10, 2014, 08:00:17 PM
Where the hell did adam go??
November 10, 2014, 07:56:03 PM
Yawn.
Wake me up when we hit 600-700 dollars per BTC.
I'd have to have a stash of 1000 BTC to get excited over a 50 dollar rise.
Wake me up when we hit 600-700 dollars per BTC.
I'd have to have a stash of 1000 BTC to get excited over a 50 dollar rise.
So anything shorter than 50 grands in a week is not worth your attention... how do you sleep at night? on a mattress filled with dollar bills with 2 ebony slaves singing sweet songs in your ears?
50 bucks is nothing for such volatile asset as bitcoin.
It can go back down as easy as it gone up last few days
correct.
It can go up another 50 just as easily too.
November 10, 2014, 07:11:31 PM
Yawn.
Wake me up when we hit 600-700 dollars per BTC.
I'd have to have a stash of 1000 BTC to get excited over a 50 dollar rise.
Wake me up when we hit 600-700 dollars per BTC.
I'd have to have a stash of 1000 BTC to get excited over a 50 dollar rise.
So anything shorter than 50 grands in a week is not worth your attention... how do you sleep at night? on a mattress filled with dollar bills with 2 ebony slaves singing sweet songs in your ears?
50 bucks is nothing for such volatile asset as bitcoin.
It can go back down as easy as it gone up last few days
November 10, 2014, 07:00:16 PM
November 10, 2014, 06:59:19 PM
November 10, 2014, 06:55:23 PM
Not really a slide.
It's only fell 10 dollars.
All a bit meh.
It's only fell 10 dollars.
All a bit meh.
Dont get me wrong, I dont think its a big deal yet. I just think its odd how its moving steadily down, which it has not done in quite awhile.
I check the price regularly (probably too regularly) but unless you're a trader with a huge BTC bounty a price rise or fall of 50 dollars or so means nothing.
See? Right after I said that China realized their mistake and took a nice bump up
Its all a conspiracy!
Bulls be like:
November 10, 2014, 06:53:41 PM
Relax, we'll need to break $355 before we can confirm that the sky is falling.
November 10, 2014, 06:49:46 PM
Dumb ass traders. Every single time.
November 10, 2014, 06:48:32 PM
Not really a slide.
It's only fell 10 dollars.
All a bit meh.
It's only fell 10 dollars.
All a bit meh.
Dont get me wrong, I dont think its a big deal yet. I just think its odd how its moving steadily down, which it has not done in quite awhile.
I check the price regularly (probably too regularly) but unless you're a trader with a huge BTC bounty a price rise or fall of 50 dollars or so means nothing.
November 10, 2014, 06:46:42 PM
Not really a slide.
It's only fell 10 dollars.
All a bit meh.
It's only fell 10 dollars.
All a bit meh.
Dont get me wrong, I dont think its a big deal yet. I just think its odd how its moving steadily down, which it has not done in quite awhile.
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