Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28164. (Read 26710696 times)

sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
Here comes the correction folks.

Huobi has been certainly acting crazy today

even bitstamp is not that bad at beeing crazy..
full member
Activity: 336
Merit: 100
Here comes the correction folks.

Huobi has been certainly acting crazy today
member
Activity: 84
Merit: 10
I know this sounds whacky, and it probably is, but the 12 HR chart on Huobi looks like one giant bot trading pattern. I have certain advanced pattern recognitions skills I have been tested for, but I can't explain how they work. It's just a feeling.  The danger is that the lower the signal to noise ratio, the greater your risk of picking up false patterns. It's not unlike Professor Nash reading Russian Codes into all those newspapers in the movie " A Beautiful Mind".

So I'm going to preface this by saying I'm probably wrong and it's most likely sour grapes from missing a bunch of trades, but I get the feeling that this is something massive, like a fraud on the scale of Mt. Gox or even greater.

I'm not a conspiracy guy. 911 truthers weird me out. I think Oswald acted alone. I don't believe in Bigfoot, Nessie or the Loch Ness Sea Monster. I think conspiracy types use the Illuminati or whatever to avoid the personal blame for being losers. So I know how stupid this is going to make me look, but something is just not right.

I don't feel like someone's out to get me. I feel like someone's out to get everyone. I'm a dude. I can't afford to make decisions based on feelings. I have to make decisions based on reason. So I need to step back and try to regain some self-awareness. This is much more likely a problem with my perception than a problem with the market, but it is such a powerful feeling of foreboding and I have no evidence at all to back it up.

Man,
Why are you flipping ideas every hour. With your idea about china wanted all the bitcoins, you must have been right. They are manipulating us since the beginning. That is just fair b/c they are putting their money on the line.

You just pushed it a little too far with the gov wanted bitcoin as a reserve currency Wink that must have been some good weed ^^
But chinese individuals, surely wanted a biggest share of the pie. They are just buying as quick as they could before western people wake up. This is the first buying round. All chinese doing.

Well, this is only what i think anyway.

I was NOT putting that forward as a real working theory, but more of a joke, something that just popped in my head.  I didn't say the Chinese want Bitcoins as the world reserve currency. I jokingly said they wanted it as part of their foreign currency reserves so that the renminbi could become a major world currency. It is a whacky theory. Occam's razor applies. The simplest explanation is most likely correct.  If there is a major manipulation plan, which there probably isn't, it is most likely private actors doing it for personal benefit.

Ok, didn t know if you were kidding. I like your posts.

I don t think that they want the renminbi to be a major world currency. They want it to be weak and manipulating it to do so since years. The US try to get them to stop manipulating it.

There is so much corruption in china that we shouldn t under estimate individuals manipulating gov statement. I don t know if you recall, but there was at the time, many posts about chinese people telling us to stop believing the shit they spread.
hero member
Activity: 798
Merit: 1000
legendary
Activity: 1428
Merit: 1000
Look at that long Red wick on Huobi.. Chinese says Fuck u white boy!

Usually when the wick is that long, expect bad chinese news later on..
legendary
Activity: 2156
Merit: 1070
Here comes the correction folks.
legendary
Activity: 1106
Merit: 1007
Hide your women
I know this sounds whacky, and it probably is, but the 12 HR chart on Huobi looks like one giant bot trading pattern. I have certain advanced pattern recognitions skills I have been tested for, but I can't explain how they work. It's just a feeling.  The danger is that the lower the signal to noise ratio, the greater your risk of picking up false patterns. It's not unlike Professor Nash reading Russian Codes into all those newspapers in the movie " A Beautiful Mind".

So I'm going to preface this by saying I'm probably wrong and it's most likely sour grapes from missing a bunch of trades, but I get the feeling that this is something massive, like a fraud on the scale of Mt. Gox or even greater.

I'm not a conspiracy guy. 911 truthers weird me out. I think Oswald acted alone. I don't believe in Bigfoot, Nessie or the Loch Ness Sea Monster. I think conspiracy types use the Illuminati or whatever to avoid the personal blame for being losers. So I know how stupid this is going to make me look, but something is just not right.

I don't feel like someone's out to get me. I feel like someone's out to get everyone. I'm a dude. I can't afford to make decisions based on feelings. I have to make decisions based on reason. So I need to step back and try to regain some self-awareness. This is much more likely a problem with my perception than a problem with the market, but it is such a powerful feeling of foreboding and I have no evidence at all to back it up.

Man,
Why are you flipping ideas every hour. With your idea about china wanted all the bitcoins, you must have been right. They are manipulating us since the beginning. That is just fair b/c they are putting their money on the line.

You just pushed it a little too far with the gov wanted bitcoin as a reserve currency Wink that must have been some good weed ^^
But chinese individuals, surely wanted a biggest share of the pie. They are just buying as quick as they could before western people wake up. This is the first buying round. All chinese doing.

Well, this is only what i think anyway.

I was NOT putting that forward as a real working theory, but more of a joke, something that just popped in my head.  I didn't say the Chinese want Bitcoins as the world reserve currency. I jokingly said they wanted it as part of their foreign currency reserves so that the renminbi could become a major world currency. It is a whacky theory. Occam's razor applies. The simplest explanation is most likely correct.  If there is a major manipulation plan, which there probably isn't, it is most likely private actors doing it for personal benefit.
hero member
Activity: 681
Merit: 507
Litecoin went from 14.17 to 13.1 in 5 minutes then back to 13.95.... talk about volatility and making profits....

my plan is to hold and not trade till the end of May Smiley

i am trading the ltc/btc pair for a week now, buying at 0.025 selling at 0.026. because its bit boring when you are only holding Smiley
its a little extra profit.
hero member
Activity: 798
Merit: 1000
Well this is fun, I thought we would have had a deeper correction by now, fine by me but it makes me suspect about how authentic any of this China news is. Either way we're at their mercy ...
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
I made so many bad decisions today it's not even funny. I can't fucking believe that I managed to lose some money on this drop to 340 and rise up instead of making a killing.

I'm in the same club. I took my principal away long time ago, but still! Almost half of my gains in coins since December have been wiped.

told you guys this is not safe to trade, we will be going up on waves till the end of this month then the price will be somehow stable for some time (couple of weeks).

and good morning Smiley

Stable $750 to $850 .. .would be good.. but I think that we have to stay between $600 and $700 for a little while before going to the next level.. my current thinking....
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
Have to LOL @ this.

China is bananas. Absolutely bananas.

We are still going down. I don't know when, but we will. This has to take a breather.



why do you thin so ? I'm quite optimistic about bitcoin value, but why do you think it is about to go down?
every day i see new businesses accepting BTC, new sites with gambling accepting BTC, a lot of sites offering work for beeing paid in BTC, so trust me, BTC is not gonna just die like that, global awareness will make it's price explode sooner or later.

It has to correct. This market is up over 50% in the last few days.

maybe you should look at the graph YTD and you will see your correction
legendary
Activity: 2156
Merit: 1070
Have to LOL @ this.

China is bananas. Absolutely bananas.

We are still going down. I don't know when, but we will. This has to take a breather.




^^This, fellows, is the sound of Butthurt of a Bear.^^

Not butt hurt. Just amused.
member
Activity: 84
Merit: 10
Have to LOL @ this.

China is bananas. Absolutely bananas.

We are still going down. I don't know when, but we will. This has to take a breather.



why do you thin so ? I'm quite optimistic about bitcoin value, but why do you think it is about to go down?
every day i see new businesses accepting BTC, new sites with gambling accepting BTC, a lot of sites offering work for beeing paid in BTC, so trust me, BTC is not gonna just die like that, global awareness will make it's price explode sooner or later.

I think he has interest with this going down ^^

he hodl some shorts. He just tries to be more confident about his trades. Doesn t look good.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Litecoin went from 14.17 to 13.1 in 5 minutes then back to 13.95.... talk about volatility and making profits....

my plan is to hold and not trade till the end of May Smiley
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Have to LOL @ this.

China is bananas. Absolutely bananas.

We are still going down. I don't know when, but we will. This has to take a breather.




^^This, fellows, is the sound of Butthurt of a Bear.^^
legendary
Activity: 2156
Merit: 1070
Have to LOL @ this.

China is bananas. Absolutely bananas.

We are still going down. I don't know when, but we will. This has to take a breather.



why do you thin so ? I'm quite optimistic about bitcoin value, but why do you think it is about to go down?
every day i see new businesses accepting BTC, new sites with gambling accepting BTC, a lot of sites offering work for beeing paid in BTC, so trust me, BTC is not gonna just die like that, global awareness will make it's price explode sooner or later.

It has to correct. This market is up over 50% in the last few days.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
Have to LOL @ this.

China is bananas. Absolutely bananas.

We are still going down. I don't know when, but we will. This has to take a breather.



why do you thin so ? I'm quite optimistic about bitcoin value, but why do you think it is about to go down?
every day i see new businesses accepting BTC, new sites with gambling accepting BTC, a lot of sites offering work for beeing paid in BTC, so trust me, BTC is not gonna just die like that, global awareness will make it's price explode sooner or later.
legendary
Activity: 2156
Merit: 1070
Have to LOL @ this.

China is bananas. Absolutely bananas.

We are still going down. I don't know when, but we will. This has to take a breather.

legendary
Activity: 2772
Merit: 1028
Duelbits.com
BTC-e Metatrader doesn't work so no shorts there  Grin
legendary
Activity: 1600
Merit: 1014
Wow. I pretty much underestimated how many people were waiting for a clear bottom to buy obviously...
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