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1901  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: March 31, 2014, 09:06:04 PM

I sold all. Game over.

BINGO!
1902  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 09:10:24 AM
Looking through the last 10 pages and nobody has used the term "cheap coins" even once.
That's quite bearish:)

well I think thats just taken for granted  Wink

1903  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 09:01:15 AM
There is no erratic panic selling. It's all been used up. this market showed us today how vulnerable the bears are, and we will see again before too long.

You should have sold in the 480s. Not that we won't see them again, but you are yelling into a tidal wave right now.

lots of people like to assume what I did/ didnt do.

unless you mean I should have shorted at 480...

because today has been a good day for me, even creekbore would know. I shorted at 468 last night as I promised in that scenario, woke up to good profit this morning. Now I am patiently waiting for the next bottom, if there be one.

I cant name numbers, but frankly the selling pressure is getting embarrassingly weak in the face of disaster.


1904  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 08:29:08 AM
There is no erratic panic selling. It's all been used up. this market showed us today how vulnerable the bears are, and we will see again before too long.
1905  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 06:55:53 AM
lol you can tell I hurt his feelings poor bastard. ^^

 Grin

1906  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 04:37:06 AM
It's only $7,- of price pump.

Lets just wait till it surpasses that magical $666 line.  Roll Eyes

Yes. Tired of all the hasty abuse of train images. People do that each time there's a small jump, ignorant that each time they're making noise it's for a much lower price than the last time they made noise.

And no sooner does someone yell "CCMF" than the price begins to dive again, deeper than the previous low.

Kids these days.  

+1
We're in a bear market in the weekly, daily and 15 charts.
The bid/sum ratio stand at 1:2.5.
The only 'bright' spot is we've broken the 200 EMA (15min) for the first time in ten days or so but even that is on thin volume.

Yet, the ferroequinologists pop up in even a glimmer of sunshine. Wink
 

So. The price right now is 443. And falling. I hate to be the one to say "I told you so," but... why this should surprise anyone at this point is beyond me.

So to all you ferroequinologists, aka CCMFers, just please, STFU. So you don't continue to look like fools.

CCMF CHOO MOTHER FUCK'n CHOO

to DA MOOOON!!!
1907  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 03:33:35 AM
What are the chances that any FUD we get tomorrow will be shrugged off as an April Fool's joke?


Tuesday you mean, unless you're experiencing Monday I'm still 34 minutes out.

I doubt China would April fools us..but I mean weirder things have happened. I think the market is ready to absorb the news as false...and then digest the possible regulations being added but I just don't see an outright ban on bitcoin...why waste time on posting it...to somehow give your people a chance at dumping first.. that seems way too altruistic Cheesy

Can you imagine?

"PBOC Bans Bitcoin" - billions of dollars of value lost in crash.

next day - LOL just jokes! wanna buy some bitcoins?
1908  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 03:21:45 AM
Huobi leading the way. 350 BTC order chasing the price up!
1909  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 02:47:21 AM
If I understood correctly the Google Transalte output, this article says that students at a university entrance examination in China were asked to evaluate Bitcoin risk, among other random questions:

http://www.dzwww.com/shandong/sdnews/201403/t20140331_9926899.htm

Is this bullish or bearish?  Smiley

BULLISH! GREAT!

we teach students to prepare them for the future right....

not to mention that the censorship in china is huge. this would not get past if they were threatened by bitcoin.

1910  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: March 31, 2014, 02:43:00 AM


Its even later, and I'm still not in bed. I like what the bible says about a lot of stuff, its unfortunate that the church has had 2000 years to co-opt its message to their own ends Wink I generalise though. I'm sure that, as ever, it's the few spoiling it for the many.

I think you are probably right there are plenty who miss the message of christianity as a result of them being so determined not to be a christian. That's a shame, because its not a terrible springboard to from which to develop a good morale foundation. With a few tweaks here and there to bring it into the 20th century!

Im first to admit that there is wisdom in the Bible. we can all learn from it (and we could alternatively teach our-selves) but there is no way you will have me believe anything that would define me as a christian. I simply don't have a choice, because I have seen with my own eyes since I was young.
1911  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 02:28:59 AM
It's only $7,- of price pump.

Lets just wait till it surpasses that magical $666 line.  Roll Eyes

Yes. Tired of all the hasty abuse of train images. People do that each time there's a small jump, ignorant that each time they're making noise it's for a much lower price than the last time they made noise.

And no sooner does someone yell "CCMF" than the price begins to dive again, deeper than the previous low.

Kids these days.  


.... the sentiment is not bullish right now!

ALWAYS there will be people crying ccmf and MOON and a few of them will be right!
1912  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 02:14:17 AM
Time to close shorts bears??
1913  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 01:55:19 AM
Now is a good time to go onto Bitbet and bet 'No' the price of BTC will not go under $400 before June. good dds too!
1914  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 01:52:39 AM
this is the best day Ive had for ages, the rally is moving effortlessly, like a knife through butter. I think ol' Bitcoin is back!

and big orders chasing the price action! it's on baby!
1915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 01:06:33 AM

...then we are going to head for our upward trajectory into the $500s this week, $600s by the weekend and $700 by the end of April, maybe even $800 by the end of April..... Of course, continued and ongoing speculation that is based on NOT much more than overall sense of a need for an uptrend and that we are continuing to get increased rather than decreased adoption....


I mean this in the most sincere way, take the money you are "speculating" with and buy yourself something you enjoy, or go on a trip.

dude look at the price action.

by a fair chance, this guy might be picking an absolute bottom, and you would advise him to spend his capital on holiday.

1916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 01:04:22 AM

As for 'the smart money' dinking around with local bitcoins it seems laughable to me.  Possibly there are agents working generally on their behalf trying to scrape up BTC wherever they can find it but these would be autonomous actors who have nothing better to do than to run around to various Starbucks and stuff money into envelopes and such.



would you laugh at the Winkelvii?

1917  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 12:35:34 AM
NOW.. if the china ban rumor ends up being true.. then this could put a cog in my speculation..  At this point, I am "speculating" that the chances for the china rumor to be true is fairly unlikely... maybe less than 5% chance that material aspect of it is true.

I think a lot of people have forgoten the game plan.

ever have a vision in the market, only to see it happen before your eyes, yet somehow you impaled yourself on the market like a ship on a rock?

of coarse this is 'serious', as in high risk, but just like everything else bad that has happened to bitcoin, it will probably be forgotten within a week, if not sooner.

if you want to get ahead, you need to stick your neck out.

I am betting that the china news will be inaccurate, or be fake, and the reaction will be huge.

1918  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 12:27:48 AM
If we can break the 475 lvl approximately this exponential slide will be broken, and that will likely stall this very weak drop.
1919  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 31, 2014, 12:16:35 AM


So I suppose we could be talking about patterns, absent fairy godmother whales, b/c the fairy godmother whales are going to mess up any kind of pattern that may be the usual... .... but bitcoin seems to NOT be the usual b/c it does seem to be fairly easy to manipulate with just a few million dollars....... I recognize that manipulation also depends upon volume.. so seems to be easier to manipulate during times when there is less volume.... but the attempts to manipulate may draw other whales if the manipulator(s) is(are) NOT subtle about it.



you are thinking that whales are selling to drop the price so they can buy?

that is taking a huge gamble where already many longs have been squeezed, and selling is something nobody wants to do right now, especially whales.

the smart money is off the exchanges buying bitcoins from local bitcoins and such.

there are mostly smaller players left on these exchanges, and they are not worth the effort and risk for the whales to try and fool.
1920  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2014, 11:57:59 PM
I agree that sell volume was not as strong on the last push down, but buy volume was enemic.

I guess you think the worst is past us. No more issues from here. $436 is the new perma-low.

buy volume = sell volume, not so?

everyone seems to think the bottom will be much lower, so I am assured that it will not be much lower. the amount of people who are ready on the trigger to close their shorts and fill their bags with bitcoin on leverage at sub 400 is massive.
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