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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26308. (Read 26713246 times)

hero member
Activity: 504
Merit: 500
Moderator
That guy, sellin 100BTC on BTC-e 23 $ below Stamp, what´s wrong with him? Shorter that came too late?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
MtGox + SilkRoad coins getting liquitated again? Nice to see!  Grin
Obviously to drive the price down to buy them back later, cheaper.
legendary
Activity: 1159
Merit: 1001
If the Fed wants to bring Bitcoin investors to their knees, they could just announce a FBI auctioning of the remaining coins. 

That could easily bring BTC to the 200's and lower.
legendary
Activity: 1237
Merit: 1010
MtGox + SilkRoad coins getting liquitated again? Nice to see!  Grin
member
Activity: 84
Merit: 10
N12
donator
Activity: 1610
Merit: 1010
Why did I buy coins in the first place? It's because I believed in a good opportunity for the price to rise, based on my analysis. My god, a trader! How horrifying. Someone who changes his stance based on the market's actions.

Do you truly believe I believe I could influence anyone here in such a way as to fulfill my price targets? Roll Eyes What I'm doing on this forum is meaningless to the market, I'm only having fun.

The flash made the shorts cover earlier than expected.  There will be no significant rise for you to profit.  Get ready to cut and run!  Cheesy
Always ready to take responsibility for my positions and CUT MY LOOSE when I'm wrong. That's the reason I don't become a jaded individual who keeps complaining about the market as he helplessly and senselessly watches. Cheesy
hero member
Activity: 910
Merit: 1003
I'm not sure how accurate it is, but a Coindesk article from a few days ago (http://www.coindesk.com/margin-trading-crash-price-bitcoin/) gave a good hypothesis: margin trading.  A lot of people borrowed money on margin to buy at the end of May, which led to the rally.  Now all of those trades are being undone as people's positions are being liquidated due to margin calls.  That seems very plausible.  I just wish someone had made light of that (prominently) in June.
Maybe. I know nothing of margin trading beyond the basic idea.  Those calls that expired at the end of May, when were they made, and for how much?  Was their volume compatible with the amounts involved in the rise?

@Mimitech suggested the Dell adoption as the causing event, and @walsoraJ pointed out Jed McCaleb's threat to sell his huge holding of XRP.  Maybe too.  However, I would first look for a cause in China.  Could that be the opening of the international branches of Huobi and OKCoin? Or some leak from the government? 
legendary
Activity: 3794
Merit: 5474
Why did I buy coins in the first place? It's because I believed in a good opportunity for the price to rise, based on my analysis. My god, a trader! How horrifying. Someone who changes his stance based on the market's actions.

Do you truly believe I believe I could influence anyone here in such a way as to fulfill my price targets? Roll Eyes What I'm doing on this forum is meaningless to the market, I'm only having fun.

The flash crash made the shorts cover earlier than expected, no steam left.  There will be no significant rise for you to profit.  Get ready to cut and run!  Cheesy
legendary
Activity: 1078
Merit: 1441
Be relaxed- think - act - relax.

legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3416
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The Concierge of Crypto
N12
donator
Activity: 1610
Merit: 1010
Why did I buy coins in the first place? It's because I believed in a good opportunity for the price to rise, based on my analysis. My god, a trader! How horrifying. Someone who changes his stance based on the market's actions.

Do you truly believe I believe I could influence anyone here in such a way as to fulfill my price targets? Roll Eyes What I'm doing on this forum is meaningless to the market, I'm only having fun.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

If it hits 550, and stays at that minimum for 2 weeks or more, then it's likely a reversal.  I'll happily buy more then.

Until then, it's still a bear downturn.  Acting like it's all over now is just silly.
I'm talking short term here. Not saying this bear downturn is down, just that things can bounce for now, and have already begun bouncing a while ago.

Why in the hell am I, accused "bear troll", arguing with former permabulls about the price rising? Cheesy Cheesy Funny how that goes, isn't it? The former bullish people giving up hope.

Thing is, if I'm wrong, I just CUT LOOSE.

All in the pursuit of a quick profit - we keep making BTC look like a volatile joke to the uneducated :/

Good traders reduce volatility
legendary
Activity: 1078
Merit: 1441
We have been through this before... lots of people have explained or expressed their opinion that you are wrong in your assertion/theory/guess,  and you just do not seem to listen, anyway I am taking a rain check on another slow dance.
Yes, many people here do not agree with my opinions.  I read theirs. So?

So... I am not going around in another pointless circle with you is all...

I was just pointing out that this forum is rubbing off on your style, you are becoming more troll like in your posts... is all I was pointing out as I believe I said... you brought up your theory again, and I am politely declining the dance.
X7
legendary
Activity: 1175
Merit: 1017
Let he who is without sin cast the first stone
Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

If it hits 550, and stays at that minimum for 2 weeks or more, then it's likely a reversal.  I'll happily buy more then.

Until then, it's still a bear downturn.  Acting like it's all over now is just silly.
I'm talking short term here. Not saying this bear downturn is down, just that things can bounce for now, and have already begun bouncing a while ago.

Why in the hell am I, accused "bear troll", arguing with former permabulls about the price rising? Cheesy Cheesy Funny how that goes, isn't it? The former bullish people giving up hope.

Thing is, if I'm wrong, I just CUT LOOSE.

All in the pursuit of a quick profit - we keep making BTC look like a volatile joke to the uneducated :/
legendary
Activity: 3794
Merit: 5474
Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

If it hits 550, and stays at that minimum for 2 weeks or more, then it's likely a reversal.  I'll happily buy more then.

Until then, it's still a bear downturn.  Acting like it's all over now is just silly.
I'm talking short term here. Not saying this bear downturn is down, just that things can bounce for now, and have already begun bouncing a while ago.

Why in the hell am I, accused "bear troll", arguing with former permabulls about the price rising? Cheesy Cheesy

Funny how that goes, isn't it? The former bullish people giving up hope.

You're not, you are just talking your book.  I'm sure you just got some cheap coins that you want to unload.  So transparent.

I have no interest in day trading, I'm in it for the long term.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
weren't you bears thinking 490-480 was a breaking point which would lead to fast crash to 350?

don't you think it is too early for celebration ?

i'm not celebrating.

just asking

this is indeed the sentiment isn't

Adam? Please, tell me you are joking! You bears? Who is this "you bears"? Is the market driven by a mystery interconnected "you bears"-force and this mystery force (with 1000 heads and one body) is posting here?

I better go out here for a while...

people's nerves are shot.

i don't blame them... this is horrific!

and no good reason for it, senseless massacre... we bulls will be vindicated! your bears just focus on exiting.

 Tongue
hero member
Activity: 910
Merit: 1003
We have been through this before... lots of people have explained or expressed their opinion that you are wrong in your assertion/theory/guess,  and you just do not seem to listen, anyway I am taking a rain check on another slow dance.
Yes, many people here do not agree with my opinions.  I read theirs. So?
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