as time goes by I am more and more convinced that the party is already over and that this was an epic bull trap.
What are you talking about tarmi? You haven't been bullish for months. Phrased that way, it sounds more convincing  it's not about phrases or trying to convince someone here. it's about the order book and the fact that bulls are very weak and not able to break 300 after 5 attempt. very discouraging. and I was right for not been bullish for months. |
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stubborn realistic bulls.
22 mil of usd swaps opened.
ftfy we will see about them being realistic once bears really start their attack. I think bulls panic the best and the last. The only thing I've ever agreed with you about, is the fact that the powers that be will want to squeeze longs eventually. BUT the fact the we had a great capitulation at $160, then a month of sideways action, then 3 weeks now of upwards grind, the best scenario would be to continue up and create even more confidence. This would squeeze most of the shorts out, and create even more longs (during this time I would loan out my USD at a high rate to gain a few %). While the shorts close out as we move up, I would start borrowing coins for extremely cheap rates, but not sell them just yet. The masses will gain confidence and help propel the price and USD rates up. Once we get to high 300s I would drop the hammer, and take most by surprise. I would sell all those coins I borrowed and eat up all the closing longs on the way down. For now, the problem is most of the longs opened were opened under and close to 200, so to close them out we would need to create a lower low, which isn't cheap. Whales have much less to gain now by dumping and squeezing longs, than to move up more and do it later. The fact that we still have bears around here running their mouths means we are not ready yet for a drop. Once the bears go completely silent... Watch Out!!! confidence that we will break 300 easily - ✓ 8 mil of new longs opened - ✓ plenty of cheap coins to borrow - ✓ bulls thinking that we already had capitulation - ✓ no cheap dolla' / dolla' going ballistic - ✓ somebody already hammering the order book - ✓ Good luck dude! Tarmi you dawg! You know we're going up. Why won't you celebrate with us? as time goes by I am more and more convinced that the party is already over and that this was an epic bull trap. |
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stubborn realistic bulls.
22 mil of usd swaps opened.
ftfy we will see about them being realistic once bears really start their attack. I think bulls panic the best and the last. The only thing I've ever agreed with you about, is the fact that the powers that be will want to squeeze longs eventually. BUT the fact the we had a great capitulation at $160, then a month of sideways action, then 3 weeks now of upwards grind, the best scenario would be to continue up and create even more confidence. This would squeeze most of the shorts out, and create even more longs (during this time I would loan out my USD at a high rate to gain a few %). While the shorts close out as we move up, I would start borrowing coins for extremely cheap rates, but not sell them just yet. The masses will gain confidence and help propel the price and USD rates up. Once we get to high 300s I would drop the hammer, and take most by surprise. I would sell all those coins I borrowed and eat up all the closing longs on the way down. For now, the problem is most of the longs opened were opened under and close to 200, so to close them out we would need to create a lower low, which isn't cheap. Whales have much less to gain now by dumping and squeezing longs, than to move up more and do it later. The fact that we still have bears around here running their mouths means we are not ready yet for a drop. Once the bears go completely silent... Watch Out!!! confidence that we will break 300 easily - ✓ 8 mil of new longs opened - ✓ plenty of cheap coins to borrow - ✓ bulls thinking that we already had capitulation - ✓ no cheap dolla' / dolla' going ballistic - ✓ somebody already hammering the order book - ✓ Good luck dude! |
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stubborn realistic bulls.
22 mil of usd swaps opened.
ftfy we will see about them being realistic once bears really start their attack. I think bulls panic the best and the last. |
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stubborn bulls.
22 mil of usd swaps opened.
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but this isnt about crashing the price, but pressuring longs that borrowed 21 mil.
this will take days.
also, that wall on bitfinex at 280 is fake.
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LOL In other words, buy the dips and sell the spikes. Every time the price drops it's a trollfest. Every time it rises, they STFU.  works both ways. inca, jimbo, lfc showing up too often - sell. |
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now that is what I call experienced trader.
flashing with that support, removing big asks and piling a lot of small asks just above 285.
gl to all buyers!
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Despite what most crypto anarchists are hoping for, the Winklevoss twins believe that Bitcoin will not replace fiat currencies anytime soon. “There will be a future where people will use Bitcoin and they won’t even know they’re using it. At that point it’s everywhere — it’s a part of global finance, it’s a part of our everyday lives. In the same way using email was very difficult and the edge of technology … it’s always difficult, it’s problematic, it’s painful to use, and we’re at that point in Bitcoin right now. The point where we’re beyond it is the point where people don’t think of email as the bleeding edge of tech because it works so well everyone uses it … I think it’s going to get to that point. We’ll be in a situation where the majority value transferred around the world will use the Bitcoin protocol.” http://www.btcfeed.net/news/winklevoss-twins-bitcoin-will-not-replace-fiat-currency/....  how much does 1 email cost these days? |
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Nothing at all???Mainly because chinese miner and gambler don´t care about it. Second a small pennystock with merely 4 billion market cap has little to none correlations with the USDX. Bitcoins value is defined by pump and dumps, over leveraging, fake CNY/USD at exchanges, and the continuous attempt to lure in bigger fools all the time, which is absolutely necessary due to the high inflation in Bitcoin. Also almost no real life usage beside a few millions USD changing hands in online black markets.  hey fonzie! I kinda missed ya here. keep posting and trading. |
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hi bulls.
those high usd swap rates sure dont look like a good deal now. what is your point of maximum pain?
$48. Good luck! If you think bulls are feeling pain, you are not very smart. Picking up your coins while shorts increase is good thing. oh, I know you. you are one of those though & smart players that cant lose. I bet you will close your longs once we get close to 200. all things in time of course, we bears are patient. |
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hi bulls.
those high usd swap rates sure dont look like a good deal now. what is your point of maximum pain?
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no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300. lot of usd swaps opened in the process, no cheap dolla' on bitfinex... hidden bearish divergence showing up. usd going ballistic. but keep repeating that everything is ok, because I am ok with it.  Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it. we are not in a bull market. where did you get that idea? Daily chart? Seems pretty bullish to me. I guess it depends on your definition. Lately you seem to get excited about these low-volume shakeouts. You do realize they are meant to lock traders into poor positions. no, not really. what really got me excited was yesterday's bull attempt to break 300 on high volume that failed for the 4th time. delusional bulls are the one who will push us back down. bears really dont have to do anything. I see. Well we may get a little more downside, but I wouldn't personally be short here. If we can't go down and we can't go up, we go sideways/drift upwards until a) significant supply shows up or b) bulls push through. And with a capitulation/rising bottom gradient in the background putting demand in control (this is why we tend to drift upwards), I give greater probability to scenario b. of course you give greater probability to b, because you think we bottomed. many bulls think that. |
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no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300. lot of usd swaps opened in the process, no cheap dolla' on bitfinex... hidden bearish divergence showing up. usd going ballistic. but keep repeating that everything is ok, because I am ok with it. Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it. we are not in a bull market. where did you get that idea? Daily chart? Seems pretty bullish to me. I guess it depends on your definition. Lately you seem to get excited about these low-volume shakeouts. You do realize they are meant to lock traders into poor positions. no, not really. what really got me excited was yesterday's bull attempt to break 300 on high volume that failed for the 4th time. delusional bulls are the one who will push us back down. bears really dont have to do anything. |
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no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300. lot of usd swaps opened in the process, no cheap dolla' on bitfinex... hidden bearish divergence showing up. usd going ballistic. but keep repeating that everything is ok, because I am ok with it. Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it. we are not in a bull market. where did you get that idea? |
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no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300. lot of usd swaps opened in the process, no cheap dolla' on bitfinex... coins from auction went for a good price. hidden bearish divergence showing up. usd going ballistic. but keep repeating that everything is ok, because I am ok with it. |
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yes, you can do it this time bulls!
only 7 k to 300 on bitfinex!
GO GO GO
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what do you guys think loaded meant with the post if we are ready for the weekend?  you fools!  |
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Possible 300$ today
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is IBM full of idiots or what.
there's no need for a blockchain if everyone on the network is known and trusted.
there's a thing called a database, its been in existence for at least 50 years...
banks are doing bad exactly for that reason. their "network" was known and trusted even when they were selling some worthless junk to each other. would you trust your dollars to a bank in rwanda? |
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