Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27000. (Read 26623285 times)

Yes they are. This move up from 575 started on Bitfinex. Absolutely. Check the time stamps.

Bitfinex can get right to phuck with its hookey volume and insider front running trading of their fractional reserve USD and BTC. Bitfinex is a barky dog. Bitstamp is the master. Bitstamp will stay below its trendline. BItfinex can bark and whipsaw around all it likes as the exchange operators empty stop losses into their koffers, in the end, Bitfinex aint going knowwhere unless Bitstamp agrees.

Bitfinex is leading this rally MFers!

Thats right, I'm talking to you MatTheHat.

Eat it.

Bitfenix is NOT leading???

Bitfinex is leading this rally MFers!

Thats right, I'm talking to you MatTheHat.

Eat it.

Even for next days-week I can conjure up just as convincing and easy TA that shows we're going up. Bear flag my ass, have you seen that bear flag at 420-450 in May? What a bear flag that was...

EDIT: ... also agreed on the windjc weirdness. Don't know what happened, but I remember a few interesting discussions with you. Now it's down to antagonistic one-liners.

At this moment in time I am not interested in the longer term. I am interested in the next few days-week.

time to buy all the bitcoins?

too soon?

 

nice little jump to 587, glad i bought at 561!

Are we piling onto Blitz because he's a mod/Hero and made a bad call, and some in here might have followed it? Are we really doing that? When all throughout the last bear market there was page after page of bullish hybris, "buy all you can, never will be as cheap as now!", "we've hit rock bottom. take a loan on your grandmother to buy moar!", by newbie, senior and hero members alike. Yeah, I thought as much.

EDIT: ... also agreed on the windjc weirdness. Don't know what happened, but I remember a few interesting discussions with you. Now it's down to antagonistic one-liners.

C'mon tae fuck guys....this is easy TA:



That is from Bitstamp and I will just take this opportunity to state that what the other charts are doing is irrelevant. Bitstamp is where all the liquidity is and the exchange the whales trust the most. No leveraged trading on Stamp, no insider Stop Loss farming (using fake volume to trigger orders) on Stamp which skews the charts and the indicators. What is happening is a bear flag scenario. We are currently in the 4th drive of that flag with momentum indicators on lower time frames starting to look a bit maxed out with the expected signs of bearish divergences as might be expected from such a low volume rise, punctuated with some bear dropping 500 BTC bombs into Bid Wall. We will likely correct back a bit from here, before rallying again to get up and meet trendline, at which point the 4th swing will have completed, and we will be looking at going back down to test support and on the next occasion, probably break through it to find lower lows.

This has been my prognosis since the before the break down. This is why I went short on what will be my last ever BFX short trade at $600, only to have my stop farmed by the exchange in final 'Fuck You' rally to $615, where spot price stayed on Bitfinex for 2 seconds, before being back down at $600 within the hour. Bitcoinsrus contacted me by PM when we were breaking $580 a couple of days ago. I told him that $580 would be a good short, but I didn't think we were going to be putting in any brutal low. I advised my m8 yesterday to take a position at $560, which I believed would be good until about $585-$590. So I have been calling things pretty good recently so how much dosh have I made?

Let me see, -$150 on Short Trade due to both getting my Stop triggered and then further swindled by exchange front running Ask wall and pushing my Stop order up $8 per BTC.
and then -$30 Bitstamp fees on long I entered at $560, and then left at $560 after 500 BTC dropping whale gave me cold feet.

I have been calling market pretty well and only lost around $200!

Hooray for being a Shit trader! (my mate made a few pennies though)

Are we piling onto Blitz because he's a mod/Hero and made a bad call, and some in here might have followed it? Are we really doing that? When all throughout the last bear market there was page after page of bullish hybris, "buy all you can, never will be as cheap as now!", "we've hit rock bottom. take a loan on your grandmother to buy moar!", by newbie, senior and hero members alike. Yeah, I thought as much.

EDIT: ... also agreed on the windjc weirdness. Don't know what happened, but I remember a few interesting discussions with you. Now it's down to antagonistic one-liners.