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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26309. (Read 26713256 times)

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?
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
My guess is that this is mostly from big boys creating entrance points prior to ETFs.

Hey proudhon, are you currently a bear a bull or a proudhon? Smiley

It seems like the previous bubbles have desensitized traders and hodlers so much that the btc price has to smack us really long and hard in order for capitulation to occur. Such bad sentiment. wow.
N12
donator
Activity: 1610
Merit: 1010
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.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

Sentiment is in the shitter, r/bitcoin is proof of that. Take advantage now or complain later. Cheesy

I wouldn't feel a shit, in fact I would feel sorry for the "buy high and sell low" folks, because I think this train is not stopping here yet, I think it is still going south. r/Bitcoin is a catastrophic sub, I wonder how old the guys who hang there...
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 true 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.  It's the equivalent of shouting "We'll never see sub 500 again!" just yesterday.
N12
donator
Activity: 1610
Merit: 1010
Question is, how will you feel if the price rebounds to 500 soon? Or even 550.

Sentiment is in the shitter, r/bitcoin is proof of that. Take advantage now or complain later. Cheesy
member
Activity: 84
Merit: 10
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...
legendary
Activity: 1078
Merit: 1441
Does Monkey have a fallout shelter?  Embarrassed

Or at least something to shoot a black swan with ?

(in the wider world I mean , not necessarily in "BTC world")
legendary
Activity: 1078
Merit: 1441
guys i shorted @ $462

that means within the next 48h ~$500 will be breached...

and I will literally lose my shorts or eat them.

Just a word of friendly advice, *never* post your position!

Anyone else remember that one dude who posted his leveraged position on Bitcoinica to brag about the ~$24k profit he made, only to be forced out of his position 10 minutes later?

+1
hero member
Activity: 532
Merit: 500
wow... you have spent too much time on this thread Jorge...  you are sounding more and more like a troll lunatic/Bitcointalk.org member/one of us than an academic that anyone would take seriously, shame for you.  

The language may be a failed attempt to be funny but the opinion is quite serious.  What we saw since May/20 was a sudden rise from ~440$ to ~640 that no one can (or wants to) explain, then seven weeks of wandering around 600$, then a sudden drop back to ~470, that no one can (or wants to) explain either.   Why is it absurd to consider all that as a single event?

I have proposed a partial explanation: starting May/20, a few people got wind of something that made them buy all they could.  Now those people changed their minds, and dumped everything back.  So the price got back to where it was.  Is this so much sillier than the narwhals(*) that people have been discussing here?

(*) a large sea mammal reputed to be a cross between a whale and a unicorn.

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.
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?

Not me, I still believe that support should hold, even if it was pierced at 442$ on Bitstamp.
I would be surprised by a fast crash to 350$, and would have to reconsider my analysis.
That crash should come after the rebound, and could be some 15 - 20 days from now, in my current favorite scenario.

this is why i gata send more fiat today.
hero member
Activity: 777
Merit: 500
weren't you bears thinking 490-480 was a breaking point which would lead to fast crash to 350?

Not me, I still believe that support should hold, even if it was pierced at 442$ on Bitstamp.
I would be surprised by a fast crash to 350$, and would have to reconsider my analysis.
That crash should come after the rebound, and could be some 15 - 20 days from now, in my current favorite scenario.

but the question is, how big is the rebound???
legendary
Activity: 1078
Merit: 1441
wow... you have spent too much time on this thread Jorge...  you are sounding more and more like a troll lunatic/Bitcointalk.org member/one of us than an academic that anyone would take seriously, shame for you.  

The language may be a failed attempt to be funny but the opinion is quite serious.  What we saw since May/20 was a sudden rise from ~440$ to ~640 that no one can (or wants to) explain, then seven weeks of wandering around 600$, then a sudden drop back to ~470, that no one can (or wants to) explain either.   Why is it absurd to consider all that as a single event?

I have proposed a partial explanation: starting May/20, a few people got wind of something that made them buy all they could.  Now those people changed their minds, and dumped everything back.  So the price got back to where it was.  Is this so much sillier than the narwhals(*) that people have been discussing here?

(*) a large sea mammal reputed to be a cross between a whale and a unicorn.


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.



legendary
Activity: 2170
Merit: 1094
weren't you bears thinking 490-480 was a breaking point which would lead to fast crash to 350?

Not me, I still believe that support should hold, even if it was pierced at 442$ on Bitstamp.
I would be surprised by a fast crash to 350$, and would have to reconsider my analysis.
That crash should come after the rebound, and could be some 15 - 20 days from now, in my current favorite scenario.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
did someone forget to crash virtex properly?

oh ya that would be my job...  Cheesy

hopefully i muster up the balls to send more fiat later.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
A user on here posted on reddit that he got btc on btc-e for $350!

It went down to 309.
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
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
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 ?
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?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
guys i shorted @ $462

that means within the next 48h ~$500 will be breached...

and I will literally lose my shorts or eat them.

Just a word of friendly advice, *never* post your position!

Anyone else remember that one dude who posted his leveraged position on Bitcoinica to brag about the ~$24k profit he made, only to be forced out of his position 10 minutes later?


I AM MAX LEVERAGE SHORT

somone wana squeeze me?

please?

 Cheesy
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