2K more short contracts opened this weekend alone and the price isn't going down.
I see on the chart that both longs and shorts are increasing. It only means more people are starting to play the market. They bet both ways.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25092. (Read 26707085 times)
October 12, 2014, 01:14:47 PM
I see on the chart that both longs and shorts are increasing. It only means more people are starting to play the market. They bet both ways.
October 12, 2014, 01:13:09 PM
...
Interesting points. You seem to be attributing events to price action for some reason.
Interesting points. You seem to be attributing events to price action for some reason.
You seem to be forgetting that more and more countries are BANNING Bitcoin
October 12, 2014, 01:10:15 PM
14,142.33 BTC shorts lol, gl with that
What happens next month when Ross loses and the US gets to keep 175k BTC and within 2 months announce its for auction again?
We are going to continue to the down trend until one of three things happen
1) ETF (wish it would have been Nov but not likely imo)
2) We get within 8-12 months of halving
3) US stock market tanks -BTC is being traded like a commodity and with Oil getting trashed and gold going down expect BTC
I have been waiting for the US stocks to crash for almost a year now with no avail - its got to happen imo - maybe 2015?
Interesting points. You seem to be attributing events to price action for some reason.
October 12, 2014, 01:09:02 PM
2K more short contracts opened this weekend alone and the price isn't going down.
October 12, 2014, 01:08:29 PM
[...]
eg. You can't prove it's a bull market either.
eg. You can't prove it's a bull market either.
Actually yes, more bids than asks, price is going up, and indicators are going up
So it's either a trap and the large sells are coming soon or its a trend reversal and we're up from here
My bet is on the later
Reading indicators equals forming personal opinions.
Also evidence =/= proof.
Proof originates from applying irrefutable logical steps from factual starting observations, providing a conclusion that cannot be contested.
Give me irrefutable proof and you shall receive 10 BTC from me personally.
October 12, 2014, 01:08:04 PM
Not really pedantic. We had a high volume reversal. The price is what 32% above the low for the year.
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
Has the trend changed? That depends on what you mean. If you mean "we went up for a few days before going down again for a few days," then sure.
"Patently false" is a bit of an overstatement tho.
I sure think it's a bear market.
Its clearly a bull market.
Look, you're obviously overinvested to the point where it's easier 4u 2 lie 2 urself than face the grim truth.
Double down!
October 12, 2014, 01:07:45 PM
14,142.33 BTC shorts lol, gl with that
Should look at the short and long value in swaps. So much more money put into longs. People are bullish, they know good stuff is coming for bitcoin soonish.
http://bfxdata.com/sentiment/longshort.php
October 12, 2014, 01:04:59 PM
Not really pedantic. We had a high volume reversal. The price is what 32% above the low for the year.
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
Has the trend changed? That depends on what you mean. If you mean "we went up for a few days before going down again for a few days," then sure.
"Patently false" is a bit of an overstatement tho.
I sure think it's a bear market.
Its clearly a bull market.
October 12, 2014, 01:04:22 PM
Not really pedantic. We had a high volume reversal. The price is what 32% above the low for the year.
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
Has the trend changed? That depends on what you mean. If you mean "we went up for a few days before going down again for a few days," then sure.
"Patently false" is a bit of an overstatement tho.
I sure think it's a bear market.
October 12, 2014, 01:04:18 PM
But this is a very bear market and everybody can see it
Prove it is a bear market.
Well, this is more of a show than a proof, but here:
If you want to cherry pick your time frame, why not go for shorter term:
Or longer term:
Bear market?
October 12, 2014, 01:03:14 PM
I think we are all aware the price has fallen 76% from the ATH.
I mean prove we are still in a bear market.
I mean prove we are still in a bear market.
It is inherently impossible to prove anything that's based on pure speculation and public opinion.
eg. You can't prove it's a bull market either.
Actually yes, more bids than asks, price is going up, and indicators are going up
So it's either a trap and the large sells are coming soon or its a trend reversal and we're up from here
My bet is on the later
It can still retrace a little back to 330$. But then blow with full force through 400$ !
October 12, 2014, 01:02:13 PM
But this is a very bear market and everybody can see it
Prove it is a bear market.
Well, this is more of a show than a proof, but here:
If you want to cherry pick your time frame, why not go for shorter term:
Or longer term:
Bear market?
October 12, 2014, 01:00:59 PM
October 12, 2014, 12:59:36 PM
It is definitely a trend reversal. There are some huge orders coming in...the price should jump 50-100 before the month ends.
October 12, 2014, 12:56:44 PM
I think we are all aware the price has fallen 76% from the ATH.
I mean prove we are still in a bear market.
I mean prove we are still in a bear market.
It is inherently impossible to prove anything that's based on pure speculation and public opinion.
eg. You can't prove it's a bull market either.
Actually yes, more bids than asks, price is going up, and indicators are going up
So it's either a trap and the large sells are coming soon or its a trend reversal and we're up from here
My bet is on the later
October 12, 2014, 12:56:32 PM
Not really pedantic. We had a high volume reversal. The price is what 32% above the low for the year.
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
He said everyone knows we are in a bear market. Well that is patently false. Has the trend changed?
October 12, 2014, 12:54:41 PM
imo: the whole idea of bitcoin is based on the "community" .. bitcoin was created to counter the evil bankers wall street agenda...right?
Satoshi where you at ?
Satoshi where you at ?
Hold tight, he's coming!
That pic is actually 4realz
it's from the Watchtower.
[imgwidth=200]http://s24.postimg.org/pazkqjgat/image.jpg[/img]
October 12, 2014, 12:53:42 PM
I think we are all aware the price has fallen 76% from the ATH.
I mean prove we are still in a bear market.
I mean prove we are still in a bear market.
It is inherently impossible to prove anything that's based on pure speculation and public opinion.
eg. You can't prove it's a bull market either.
October 12, 2014, 12:52:37 PM
Well, this is more of a show than a proof, but here:
I think we are all aware the price has fallen 76% from the ATH.
I mean prove we are still in a bear market.
How pedantic can you get? Draw any chart you wish, and prove that is a bear market. I dare you. I double dare you!
October 12, 2014, 12:52:28 PM
imo: the whole idea of bitcoin is based on the "community" .. bitcoin was created to counter the evil bankers wall street agenda...right?
Satoshi where you at ?
Satoshi where you at ?
Hold tight, he's coming!
http://s28.postimg.org/yf80g326l/1985_life_how_235_large.jpg
http://obeygiant.com/images/2008/10/bob-dobbs.gif
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