Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26414.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: mmitech on August 13, 2014, 06:42:36 AM

Quote from: oda.krell on August 13, 2014, 06:39:07 AM

Quote from: mmitech on August 13, 2014, 06:36:06 AM

Quote from: magicmexican on August 13, 2014, 06:19:07 AM

Quote from: mmitech on August 13, 2014, 06:10:28 AM

...

this graph could also be applied to the quality of your posts

So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this

the quality of thinking in this community is following that chart.

I don't know... I kind of liked your posts better before you started very obviously talking book in more than half of them. Which seemed to coincide with you turning mostly negative on market outlook.

don't you think that I was turning negative for a reason? don't you see what kind of a joke this community is turning to ? no voice of reason, no common sense whatsoever... and BTW I've never insulted you in any way but you did call me and imbecile just for fun...

Don't remember it, but quite possible. Sorry for that, in retrospect. Bad style.

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: oda.krell on August 13, 2014, 06:39:07 AM

Quote from: mmitech on August 13, 2014, 06:36:06 AM

Quote from: magicmexican on August 13, 2014, 06:19:07 AM

Quote from: mmitech on August 13, 2014, 06:10:28 AM

...

this graph could also be applied to the quality of your posts

So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this

the quality of thinking in this community is following that chart.

I don't know... I kind of liked your posts better before you started very obviously talking book in more than half of them. Which seemed to coincide with you turning mostly negative on market outlook.

don't you think that I was turning negative for a reason? don't you see what kind of a joke this community is turning to ? no voice of reason, no common sense whatsoever... and BTW I've never insulted you in any way but you did call me and imbecile just for fun...

hmmkay

full member

Activity: 306

Merit: 100

If you'd actually take a good look at that graph, we just had the 'first sell off' for the 2nd time this graph repeats, and on our way to the 'bubble'.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: mmitech on August 13, 2014, 06:36:06 AM

Quote from: magicmexican on August 13, 2014, 06:19:07 AM

Quote from: mmitech on August 13, 2014, 06:10:28 AM

...

this graph could also be applied to the quality of your posts

So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this

the quality of thinking in this community is following that chart.

I don't know... I kind of liked your posts better before you started very obviously talking book in more than half of them. Which seemed to coincide with you turning mostly negative on market outlook.

N12

donator

Activity: 1610

Merit: 1010

Quote from: inca on August 13, 2014, 06:14:54 AM

I take your point. But in a narrowly trading thin market with speculators like Oda for example waiting, then large dumps while you are either accumulate OTC on the cheap, or are heavily short should work no?

For the short side, there are hardly any shorts on the largest service that offers it, which is Bitfinex, none that would be individually large enough to make this a profitable exercise even if it worked.

I can't speak much for OTC aside from what I see at SecondMarket, and the evidence there is that there's no real buying going on. As for narrow markets in general, you can try affect the outcome of a breakout with enough force, for sure. If you're a clever manipulator, (assuming he's selling) you will want the resistance (prior support) to hold, and you'll need to expend funds again, enlargening your position that you will need to undo eventually. However, if the underlying conditions of a market are bullish, it will be prohibitively expensive naturally, both because there will be too many buyers on support and too many at resistance.

Never forget that there are many powerful interests, some who want the price to rise and some who want it to fall. There's competition, and ultimately even successful manipulation doesn't change that much.

There was a story about Livermore trying to hold down some commodity to unravel his large short in Reminiscences of a Stock Operator, and I think it showed some good insight.

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: magicmexican on August 13, 2014, 06:19:07 AM

Quote from: mmitech on August 13, 2014, 06:10:28 AM

...

this graph could also be applied to the quality of your posts

So you think the quality of my post is crashing because I am bearish? because I don't post picture of trains and rockets ? yet I have been telling you this for almost 3 months and everyone started to hate me for this

the quality of thinking in this community is following that chart.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: mmitech on August 13, 2014, 06:10:28 AM

oops....where are we at now ?

er that was disturbing!

Searing

freebit13

hero member

Activity: 616

Merit: 500

I got Satoshi's avatar!

blatchcorn

sr. member

Activity: 952

Merit: 281

Today's reaction to the price...

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Jesus Christ on August 13, 2014, 06:19:02 AM

Quote from: Jesus Christ on August 12, 2014, 12:34:23 PM

Doesn't matter, I'm selling now. Time to get out fellas.

Should I say it now or come back later to say "I told you so"?

Jesus Christ, what a fucking arrogant Jesus Christ, to be quoting him/herself!!! Roll Eyes

barbs

hero member

Activity: 854

Merit: 1000

HODL ME

falllling

member

Activity: 112

Merit: 10

iram3130

legendary

Activity: 1512

Merit: 1010

ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: Wandererfromthenorth on August 13, 2014, 06:06:17 AM

Quote from: freebit13 on August 13, 2014, 06:03:27 AM

For every sale, there's a buyer, a few thousand coins just changed hands... do you all think it's some noobs sitting around that decided to buy today and just got suckered on the way down?

Yes. for the most part.
At least for now.

We are fine till we are above 540, if we break 540 level then there will be problem start.
I am not going to sell coin till we are 540.

XxionxX

sr. member

Activity: 254

Merit: 250

Digital money you say?

Quote from: magicmexican on August 13, 2014, 06:19:07 AM

Quote from: mmitech on August 13, 2014, 06:10:28 AM

...

this graph could also be applied to the quality of your posts

I hate it when people post that graph. I get excited like bitcoin is going to let me pick up more at the sub $30 level.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: inca on August 13, 2014, 06:20:04 AM

Quote from: Jesus Christ on August 13, 2014, 06:19:02 AM

Quote from: Jesus Christ on August 12, 2014, 12:34:23 PM

Doesn't matter, I'm selling now. Time to get out fellas.

Should I say it now or come back later to say "I told you so"?

A second coming?

seljo

legendary

Activity: 1178

Merit: 1014

Hodling since 2011.®

Hodl like a boss!

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Jesus Christ on August 13, 2014, 06:19:02 AM

Quote from: Jesus Christ on August 12, 2014, 12:34:23 PM

Doesn't matter, I'm selling now. Time to get out fellas.

Should I say it now or come back later to say "I told you so"?

A second coming?

magicmexican

hero member

Activity: 812

Merit: 1000

Quote from: mmitech on August 13, 2014, 06:10:28 AM

...

this graph could also be applied to the quality of your posts

Jesus Christ

newbie

Activity: 25

Merit: 0

Quote from: Jesus Christ on August 12, 2014, 12:34:23 PM

Doesn't matter, I'm selling now. Time to get out fellas.

Should I say it now or come back later to say "I told you so"?

TeeBone

sr. member

Activity: 502

Merit: 251

Quote from: freebit13 on August 13, 2014, 06:03:27 AM

For every sale, there's a buyer, a few thousand coins just changed hands... do you all think it's some noobs sitting around that decided to buy today and just got suckered on the way down?

Yeah, that's precisely how it works. Lots of 'noobs' who bought in at 1K are bigtime suckers, as of today.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26414. (Read 26611258 times)