IMO we are a couple of months away from the bottom
I think its your position talking. If i were you i would spread your bids better, instead of "waiting till its confirmed train, then buyback"
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26376. (Read 26706950 times)
August 14, 2014, 11:36:05 AM
I think its your position talking. If i were you i would spread your bids better, instead of "waiting till its confirmed train, then buyback"
August 14, 2014, 11:34:45 AM
Final capitulations are the sweetest buying opportunities. You would probably never have heard of me, unless I happened to analyze the fundamentals and charts for month, before buying in at the final capitulation of 2011.
The more ppl speak like you (and the less they speak like me
) the better, because that much closer to the bottom we are.
But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.
It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.
Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a real backup, vainly sought after for 2-3 years.
The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.
The more ppl speak like you (and the less they speak like me
) the better, because that much closer to the bottom we are.But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.
It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.
Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a real backup, vainly sought after for 2-3 years.
The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.
I like what you did there, pouring oil on fire
I beg to disagree
Casually dropping some info about your at-noon breakfast of roasted liver with wine, in the middle of a capitulation that'll cost quite a few investors dearly, is the real oil-on-fire. Which is why I got the Marie Antoinette association.Yep.. I noticed that too... Risto can be a little bit pompously irritating from time to time - even if he may be dropping some otherwise decent data and/or historical perspective.
August 14, 2014, 11:32:26 AM
dont go in denial mode, 497 was the bottom, the chinese know it.
August 14, 2014, 11:31:58 AM
^^ Heart bleeds for this guy right here.. sold at around 500
That's why he's playing with $30k and you're probably playing with <$5k. Foresight. And by foresight I mean more than 2 hours. 
August 14, 2014, 11:31:25 AM
Chinese are actively buying right now, weird, I would have e expected a little weaker rebound
August 14, 2014, 11:29:20 AM
IMO we are a couple of months away from the bottom, we will still trade side ways but the big picture (1w MACD confirms that) is telling me that we are just not there and it will take some time.
I hope I am right, because I took the aggressive way of trading by going all out... and I have no open bids yet, I have no idea where I will put my bids but I will decide later when the picture is clearer.
I hope I am right, because I took the aggressive way of trading by going all out... and I have no open bids yet, I have no idea where I will put my bids but I will decide later when the picture is clearer.
+1
August 14, 2014, 11:26:40 AM
Just cashed out 30k worth. CBF volitility. Will return on up trend #panicseller
^^ Heart bleeds for this guy right here.. sold at around 500
August 14, 2014, 11:26:34 AM
IMO we are a couple of months away from the bottom, we will still trade side ways but the big picture (1w MACD confirms that) is telling me that we are just not there and it will take some time.
I hope I am right, because I took the aggressive way of trading by going all out... and I have no open bids yet, I have no idea where I will put my bids but I will decide later when the picture is clearer.
I hope I am right, because I took the aggressive way of trading by going all out... and I have no open bids yet, I have no idea where I will put my bids but I will decide later when the picture is clearer.
August 14, 2014, 11:24:58 AM
We have a small rally up to $520 and everyone now thinks it's over? There will be a lot of sad people here when we continue down into the $400s later this evening.
August 14, 2014, 11:24:52 AM
monkey is screaming buy now, intraday. remains bearish daily.
August 14, 2014, 11:21:30 AM
all who sold below 520 should buy back now to cut their losses fast.
so, you are shorting just below 520?
August 14, 2014, 11:20:10 AM
damn, choice time to buy right now, bottom was definitely 497
Yup.
Congrats to all those who added positions in the 400s. Solid play today. There is just no selling pressure now. Wouldn't be surprised if this is the catalyst for a long term rally.
August 14, 2014, 11:19:55 AM
all who sold below 520 should buy back now to cut their looses fast.
FTFY August 14, 2014, 11:19:33 AM
all who sold below 520 should buy back now to cut their losses fast.
August 14, 2014, 11:18:40 AM
They may have been keeping the price "stable" by holding the price down too. The benefit for them to do that is to keep the price lower so that they can purchase coins off the exchange for a much better price. I think we will have this little panic sell-off only to be surprised by how quickly the price can rise again.
Glad I am going on vacation next week. Hopefully I can return to a better Bitcoin price.
And how are they keeping the price down?Glad I am going on vacation next week. Hopefully I can return to a better Bitcoin price.
Witchcraft
That's how it is done. I always do my magic TA nude, the same as I dump coins beeing nude. You can't do it in another way.
August 14, 2014, 11:18:10 AM
waited until $499 just to make me feel pretty
August 14, 2014, 11:18:04 AM
Not really, huobi and okcoin have mostly fake volumes. Biggest platform are bitstamp&bitfinex then btcchina. Not saying that huobi and okcoin has to be ignored (we are adding them very soon ) but their volumes has to be taken as half fake.
I avoid calling it "fake" volume, but I agree. The current (daily) leg of the capitulation is, in my opinion, mainly driven by Bitfinex - not really a surprise, given the huge built-up leveraged long positions that Blitz highlighted in his post ages ago. Despite their daily volume still being dwarfed by the Chinese exchanges.
So that's further evidence for those of us who believe that, while CNY volume might be "real", it is simply less relevant, per dollar, being largely automated, zero fee volume.
August 14, 2014, 11:17:10 AM
damn, choice time to buy right now, bottom was definitely 497
August 14, 2014, 11:16:53 AM
wow, such rebound, much profit for retarded trolls.
August 14, 2014, 11:15:54 AM
With an ask side that shallow, and a few millions of $ more on the side lines from fishes that sold, we´re now ready to break 600$
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