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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26828. (Read 26709827 times)

legendary
Activity: 2324
Merit: 1125
To everyone selling:

Thank you for selling me cheap coins. I was worried I would never be able to get coins this cheap again. We went down 5.5%, I'm sure we will crash all the way down to 350 now. Panic sell, probably your last chance to get your money out of this fake nerd money ponzi scheme. Bitcoin is dead.

To the whales:

Thank you for putting up huge sell walls every time the market tries to break upwards. You managed to prevent a breakout for over 12 hours yesterday as the price bumped its head into your walls. Now these idiots actually believe we are still in a bear market... I realize you all missed out on the SR auction, and now you want to buy in as cheaply as possible. It is flattering that you believe so much in bitcoin long term that you are willing to tank the market with your 100's of coins, just so you can buy more.
Nowadays a whale is the one who has hundreds of coins. In a year time I'll be a whale too, with my 10 coins! Grin

100s of coins in NOT a whale. A whale is something like 5k BTC and up.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 1000
Who's there?
To everyone selling:

Thank you for selling me cheap coins. I was worried I would never be able to get coins this cheap again. We went down 5.5%, I'm sure we will crash all the way down to 350 now. Panic sell, probably your last chance to get your money out of this fake nerd money ponzi scheme. Bitcoin is dead.

To the whales:

Thank you for putting up huge sell walls every time the market tries to break upwards. You managed to prevent a breakout for over 12 hours yesterday as the price bumped its head into your walls. Now these idiots actually believe we are still in a bear market... I realize you all missed out on the SR auction, and now you want to buy in as cheaply as possible. It is flattering that you believe so much in bitcoin long term that you are willing to tank the market with your 100's of coins, just so you can buy more.
Nowadays a whale is the one who has hundreds of coins. In a year time I'll be a whale too, with my 10 coins! Grin
legendary
Activity: 2212
Merit: 1199
According to our pool we haven't got much time to hit >$700 Smiley

But well ... Wink in the thread's poll there is no "$" sign Smiley so well .. we will hit >700 yuan with no problem Cheesy
hehe

This seems like it will be another very flat weekend ...
sr. member
Activity: 448
Merit: 250
I just noticed the 1W MACD, after the last few bubbles, it would finally turn green then went back red for a week or two then once it broke green the second time the next bubble started. We have only gone green the first time since the last bubble. That may be holding back some TA strict whales. That doesn't necessarily mean it has to happen, as now I think the market participation is so big people will try to jump the gun and may keep the MACD from turning back red. All it would take is one whale to dump and make it red, but who would take the risk?

I noticed this too. Somehow I doubt people will try and stop the MACD from switching. Why? Because nobody's reputation hinges on it. TA-loving bulls would probably love for it to switch, so it could switch back, and the bubble could be on its way. TA-loving bears can't declare a bear market until its red. Non-TA-loving people wouldn't care, and TA-lovers without any specific bull/bear bias would just trade with the indicator, no matter which direction it points.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
I just noticed the 1W MACD, after the last few bubbles, it would finally turn green then went back red for a week or two then once it broke green the second time the next bubble started. We have only gone green the first time since the last bubble. That may be holding back some TA strict whales. That doesn't necessarily mean it has to happen, as now I think the market participation is so big people will try to jump the gun and may keep the MACD from turning back red. All it would take is one whale to dump and make it red, but who would take the risk?

I think you are right with that, and MACD is clear, it should be red now but i guess we will have to wait for one more week for that to happen.
legendary
Activity: 2156
Merit: 1070
So sad about Klee's lost  Cry

Do we now if the theft has dumped klee's 1170btc already?

Looks like it might have been last night. Sad. He's devastated.


EDIT: Actually its not been moved:
https://blockchain.info/address/1GwNLwoCQiobJzmURSAq54vH4BYjFkwaxr
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
So sad about Klee's lost  Cry

Do we now if the theft has dumped klee's 1170btc already?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 784
Merit: 1000
Anyone in this thread know when the Winklevii can legally announce the launch date of their ETF?  I heard they cannot discuss the launch date yet, so will there be a heads up or does it just go live one day?
legendary
Activity: 2324
Merit: 1125
What stage are we at? Like I said: no market goes straight up. And if it had continued the way it was all the easy money guys, the speculators, the get-rich-quick people, those people almost never get rewarded. They jump in and out of things and they loose. There has to be a shakeout to have a healthy bull market. If it continued going, the blow-off top (the peak) would be a lot sooner and a lot lower. It's going to go far far higher because of this healthy shakeout we've got.
Mike Maloney (in a different context, but who cares?)


Didn't the tree shake enough for this already?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 2772
Merit: 1019
What stage are we at? Like I said: no market goes straight up. And if it had continued the way it was all the easy money guys, the speculators, the get-rich-quick people, those people almost never get rewarded. They jump in and out of things and they loose. There has to be a shakeout to have a healthy bull market. If it continued going, the blow-off top (the peak) would be a lot sooner and a lot lower. It's going to go far far higher because of this healthy shakeout we've got.
Mike Maloney (in a different context, but who cares?)
full member
Activity: 238
Merit: 100
Looks like everyone is still waiting for a move from China. Cry Holding some bags from 623 BTC-E and 633 Bitfinex, nothing too heavy. Just hope we turn this around soon. Smiley
hero member
Activity: 784
Merit: 1000
I just noticed the 1W MACD, after the last few bubbles, it would finally turn green then went back red for a week or two then once it broke green the second time the next bubble started. We have only gone green the first time since the last bubble. That may be holding back some TA strict whales. That doesn't necessarily mean it has to happen, as now I think the market participation is so big people will try to jump the gun and may keep the MACD from turning back red. All it would take is one whale to dump and make it red, but who would take the risk?
legendary
Activity: 1237
Merit: 1010
C´mon BTC, do something  Undecided

What are you talking about, it's doing something every second  Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1005
sr. member
Activity: 546
Merit: 250
How the hell did you come up with the lower line of the wedge (the white line)?

It's my last hope for the long term trendline still existing.

And it's not part of the wedge.

I might be superstitious, but I always seem to make bad trading decisions when we are near that trendline. So I wouldn't mind moving away from it. Preferably up  Tongue
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