So many big buys, but we aren't really moving anywhere. No one backs these 'whales' up after their big buys lol
Which could be exactly what they want.. no point in rising price when you're not done buying.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32581. (Read 26609430 times)
September 12, 2013, 09:10:19 AM
Which could be exactly what they want.. no point in rising price when you're not done buying.
September 12, 2013, 09:08:59 AM
So many big buys, but we aren't really moving anywhere. No one backs these 'whales' up after their big buys lol
September 12, 2013, 09:02:27 AM
September 12, 2013, 09:02:16 AM
Bitcoin gonna do what bitcoin gonna do.
True of course, and it'll probably do it in a minute because I have to leave now to collect my daughter from school and then go shopping. Sometimes it seems that these whales are just waiting for me to switch this computer off so that they can spring an unpleasant surprise on me. Note to whales: Buy, not sell! I want to see $100,000/BTC by the time I get home again, if that's okay with you lot? Thanks, lol September 12, 2013, 09:00:39 AM
Bitcoin gonna do what bitcoin gonna do.
True of course, and it'll probably do it in a minute because I have to leave now to collect my daughter from school and then go shopping. Sometimes it seems that these whales are just waiting for me to switch this computer off so that they can spring an unpleasant surprise on me. Note to whales: Buy, not sell! I want to see $100,000/BTC by the time I get home again, if that's okay with you lot? Thanks, lol 
September 12, 2013, 08:54:25 AM
Bitcoin gonna do what bitcoin gonna do.
September 12, 2013, 08:54:18 AM
^^ This.... and I don't blame them
How much longer will people keep exchanging coins for Gox IOU's ?
Probably til theres only 1 person left with IOU's. Its a game of survival, except the person who wins gets fucked
September 12, 2013, 08:50:57 AM
What if the Winklevii are buying Bitcoin for their ETF's because there happens to be quite a demand for it? just speculating here.
In that case they would take all the financial risk by buying coins already without having the clients their money.
(Since they cannot accept clients money before the ETF is approved and launched.)
So no, I don't think it's them.
http://www.quickmeme.com/meme/3vreju/
What would it be, like 5-10% of their wealth?.....
September 12, 2013, 08:48:25 AM
What if the Winklevii are buying Bitcoin for their ETF's because there happens to be quite a demand for it? just speculating here.
In that case they would take all the financial risk by buying coins already without having the clients their money.
(Since they cannot accept clients money before the ETF is approved and launched.)
I don't think it's them. They have enough coins themselves too.
I don't think it is a new buyer since he would buy where it is cheapest: bitstamp.
I still think it's someone wanting out of gox. And preferring coins for the moment over directly liquidating at bitstamp.
^^ This.... and I don't blame them
How much longer will people keep exchanging coins for Gox IOU's ?
September 12, 2013, 08:48:12 AM
Either that was a different buyer or he's changed his strategy. The buy was smaller and no bid wall was placed. If that is another person wanting to buy in like that then that's bullish anyway
You read my mind. We've seen a few of these that don't seem to fit the pattern. If it was someone else though, why the market buy instead of a bid?
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
September 12, 2013, 08:43:24 AM
What if the Winklevii are buying Bitcoin for their ETF's because there happens to be quite a demand for it? just speculating here.
In that case they would take all the financial risk by buying coins already without having the clients their money.
(Since they cannot accept clients money before the ETF is approved and launched.)
I don't think it's them. They have enough coins themselves too.
I don't think it is a new buyer since he would buy where it is cheapest: bitstamp.
I still think it's someone wanting out of gox. And preferring coins for the moment over directly liquidating at bitstamp.
September 12, 2013, 08:43:04 AM
So how about those walls, eh? The next one is at like $145.
Walls? Are you sure you've got the right thread?
Or he's not done yet
September 12, 2013, 08:39:11 AM
So how about those walls, eh? The next one is at like $145.
Walls? Are you sure you've got the right thread? September 12, 2013, 08:37:59 AM
So how about those walls, eh? The next one is at like $145.
Walls? Are you sure you've got the right thread? September 12, 2013, 08:36:23 AM
What if the Winklevii are buying Bitcoin for their ETF's because there happens to be quite a demand for it? just speculating here.
September 12, 2013, 08:33:06 AM
I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).
Well put.
_________
To use a baseball analogy, sabermetrics aren't reliable with a small sample size. Sometimes actual eyeball scouting leads to a better evaluation.
September 12, 2013, 08:32:03 AM
So how about those walls, eh? The next one is at like $145.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
September 12, 2013, 08:21:15 AM
The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently
That is a 'tour de force' as Bill Gates would say. Outperforming a buy and hold over a period where bitcoin went up, what 10,000% ?
Sorry but that is just a rediculous claim you make there. I won't even bother asking for evidence. :/
September 12, 2013, 08:17:44 AM
What a dick
Oops. Sorry if I hit a nerve.
Was it the reference to dinosaurs in the tarpits? Maybe my rhetoric was a little too robust.
I will stick to my belief that traditional TA, while undoubtedly very useful in assessing traditional stock and commodity markets, has far less relevance with Bitcoin.
September 12, 2013, 08:12:04 AM
i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July. I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.
You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.
Not manipulation? This whole market is a manipulation circlejerk.
This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.
I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.
Of course the smart people don't publicize their predictions, or at least not precisely.
What a dick
He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).
Noone is obliged to follow technical analysis
But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin.
The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently
You must be extremely rich?
It's not about me but about helping making our subscribers richer
Ah yes, obviously. How did i miss that part.
This is no joke.
The customer is always the number one priority in our philosophy. Egoistic goals and business success comes thereafter.
Ofcourse. Your mission in life is to make other people rich. Yourself you don't really care about getting rich. Eventhough it must be extremely easy for you.
I absolutely don't doubt this.
Your service is 100% free i assume. Otherwise your story wouldn't make much sense.
You guys are a bunch of dickheads lol
stop quoting 15 posts :d
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