Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25085. (Read 26708726 times)

Let's hack this shit !

 

Stupid Apple fanboys never learn. First their pictures, now their money.

Click bait. They write this nonsense just to get more clicks. I have no idea why that site is so popular in Bitcoin land. It's pure shit.

WTF was that?!?!?!? Is Condesk hacked or something....seriously WTF?

exactly why i dont like coindesk anymore.
typical overpaid nonsense.
those apple douche will never get it.

The market is ready to go up. It just struggles to get past these annoying dumpers.

Is going down really that much more profitable than going up?

Up,

I´m offering the shorters my asks between 430-450$ to close their positions.
We are one community and should work together, that´s my way of contributing to it.  

You are absolutely correct that for every buyer there is a seller. It just seems like relative to the rise, there was very little market buying, and no matter how much went on, the price just did not seem to break through. Regardless, my main indicator was based on sentiment: random people who don't care about bitcoin (and to be quite frank are just all around bad at investing) were asking me if it was time to get in, and the 3200 top call really sealed the deal for me. I also remembered oh god what's that guys name Max Keiser or something? He was saying 1400 top, so I figured him and people in the know would try to front-run that, as well as 30k bitcoin wall guy, who I highly suspect was taking profit all the way up and helping along in bringing us all the way down, so he could have a lot of money to use to find a bottom and try to bring us back up.

There were just a lot of things staring me in the face at that point that made me feel that it was time to jump ship for a while.

Explanation

tldr
Bitcoin developers are going to try to eat our lunch, and that’s fine……That’s called competition, and we’ll be competing.
JPMorgan chief executive Jamie Dimon

Last year J.P. Morgan Chase has made a patent application for their own anonymous digital payment system.

Market participants have gone full retard. Large buying pressure triggers more dumps.

If you sold at 800$ plus, bravo!

But saying there was no buying when you were at 1000$ + is not true, there was a buyer for each seller and nice volume, remember?

It didn't last but the price has been holding up most of 2014, maybe it is time to buy back in the market because the USD and western financial system collapses are around the corner

https://www.cryptocoinsnews.com/banking-elite-meet-washington-discuss-bitcoin-threat/

From Oct 6th:


Obviously if I said it seems bullish, I bought, right into that wall. I have a target for this run-up, which I will not disclose but at which point I will start taking profit (I kind of already am, but still holding a reasonable chunk of what I bought). I do not think we are out of the bear market yet, although there is a greater than 0 chance that we are heading out of it. If we break-out after I sell, I can always take a small loss and rebuy.

I believe I posted something on here around $800-900 urging people to exercise caution, but -- as I expected -- nobody listened. I sold most of what I had around that time, because people I have known for years who never gave a shit about bitcoin started asking me if they should get in, so I told them "dear god no you missed this train sit it out!" and used that as an indication that I should sell. There was also a (popular?) internet bitcoin market analyst who was calling for a potential 3200 top, which suggested to me we hit "new paradigm." I held onto a little bit, of course, and that's an amount I'll take to the grave or to a million, because I like bitcoin and don't want to be all the way out. I also watched the trading very closing during that time, and noticed that nobody was really buying once we broke over 1000. I could have been wrong, and I might have missed out on a nice chunk, but I figured hey, you know, let's not be too greedy.

Before I make myself sound like a genius, I also hedged my bets by selling small portions on the way up. The bulk was sold 50-150 from the top or so. I do this both ways to divest myself and help keep emotions out of my decisions.

When I made that comment to chessnut about "well I think you got your bearish sentiment now" a while back on that last drop to 350 (the one before the drop to 275), that was my hint that I was buying. I sold a bit too soon on that one, but hey, profit is profit.

Just because I don't shout my opinion to the rooftops to make sure everyone heard it, doesn't mean I'm not sharing. You've just got to pay attention, man. I generally trade big moves; I don't really day trade much, although occasionally I will use sentiment to try to catch falling knives and tops. This last purchase however was basely solely on my confidence in upward manipulation by that big wall that the guy was obviously going to buy out (at least a decent portion of) himself, and he would be okay with selling the rest to others for the reasons I quoted.

If you look back, notice how a few days later I mention that there had been little buying pressure, then suddenly once a 30k wall shows up, magically "everyone" is buying.

It's not the sharpest article in the shed is it

Lol, if he thinks Apple pay is a threat he should stop writing articles and start reading things because he's obviously lost.

edit: fixed typo

They always do.

Good... good...

Wall removed. Now just stop dumping for a few hours and let it break 400.

The market has arrived at a "high noon", will the bulls have the strength to break resistance?