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481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2016, 08:29:06 PM
once we hit

747

this thing is going to take off.

Passengers of the last (and doomed  Grin) flight please return to the lounge, takeoff is delayed by a couple of hours. Wink

Passengers of the last (and doomed  Grin) flight please commence boarding, the pilots are not sober yet and
the fuel tank is only half full, but we will try to give you the ride of your lifetime... Grin

Ladies and gentlemen, due to limited fuel we had to perform an emergence landing... Pilots have sobered now but the fuel tank is empty...

Joking aside, I didn't expect this to escalate so quickly, I didn't have time to decide to short, all happened too quickly...
482  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2016, 08:19:36 PM
Heavy resistance, especially in China. If this goes sideways for another hour, it will start looking corrective...

One of these times you're bound to be right. until then... CCMF

How about now? Grin
483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2016, 08:17:47 PM
Heavy resistance, especially in China. If this goes sideways for another hour, it will start looking corrective...

It did... and the dump triggered my stop loss... so just a tiny loss...
484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2016, 06:31:37 PM
Heavy resistance, especially in China. If this goes sideways for another hour, it will start looking corrective...
485  Alternate cryptocurrencies / Altcoin Discussion / Re: My prediction about ETH on: June 18, 2016, 04:15:48 PM
I am going to say it straightly, 0.05 BTC.

There is a panic now, you guys are not wrong, hard-soft fork, eth pos etc. bla bla bla.

But after the dust, eth will see an all time high. Sorry.


By 0.05 BTC, which is around 38$ now, do you mean a new ETH ATH, or was it a typo and you really meant 3.8$ as the bottom for ETH?
486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2016, 04:05:52 PM
once we hit

747

this thing is going to take off.

Passengers of the last (and doomed  Grin) flight please return to the lounge, takeoff is delayed by a couple of hours. Wink

Passengers of the last (and doomed  Grin) flight please commence boarding, the pilots are not sober yet and
the fuel tank is only half full, but we will try to give you the ride of your lifetime... Grin
487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2016, 01:45:07 PM
Pump starting again tomorrow when china wakes up?

Hopefully although we may have to wait until fresh fiat hits the exchanges on Monday?

No, pump must start today, or... Wink
488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2016, 09:02:09 AM
once we hit

747

this thing is going to take off.

Passengers of the last (and doomed  Grin) flight please return to the lounge, takeoff is delayed by a couple of hours. Wink
489  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2016, 10:32:02 PM
Once we pass $800 it could still easily drop to $750 before going back up

No, if we pass 800$ it's going above 900$, we'll know in 12 - 18 hours.
490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2016, 09:45:43 PM
This makes me happy that I waited for a clear direction, and didn't go blindly long. Grin
491  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2016, 03:33:17 PM
after carefully analyzing the chart for 5mins i conclude that we are STILL going to the moon.



Yeah... I think it will take a couple of days until we'll know if we're getting one last leg up or just crash.
492  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: June 17, 2016, 09:37:53 AM
In principle, you will always be paid in JPY, about 20% of the last balance, at a fixed bitcoin price.
But if the judge will accept, you could have this 20% in bitcoins, through Kraken, the banks don't convert JPY to BTC.
How exactly will this be done, remains to be seen.
493  Economy / Speculation / Re: Critical Levels - EW analysis on: June 17, 2016, 09:26:43 AM
How crazy does the following sound?
From February to May we had a local 3, within the second leg up of THE B wave, that was suppressed and lower than the 1, because of lack of fiat on Chinese exchanges.
And now we are experiencing the local 5, approaching the top of the "fools' rally". By this count, we might top in 4 - 5 days, around 900$ - 1000$.

I didn't get it?? chart?



this is not in accordance with the rule of non-overlap, those are uncorrect waves  Cheesy



It actually breaks 2 of 3 rules. 3 is also the shortest among not even making a hh above the 1. Come on tzupy, I know you can do better than that Tongue

First of all, I mentioned this sounds crazy. But bitcoin has raped the EW rules worse than that in August 2015, leading you (and me) to the wrong conclusions.
Back then the 4 not only went into 1 territory, it was lower than the 2, and this without counting the long squeeze, with that it went lower than the start of 1.
My opinion is that bitcoin performs the waves in different manners, depending on the available demand, and it would have taken only 10% lower prices
for the December rebound to fit within the rules (430$ instead of 475$).
494  Economy / Speculation / Re: Lose all your capital fast, with MatTheCat and his TA 101A! on: June 17, 2016, 09:17:09 AM
I closed the last bit of my long at 778$, now hoping to catch a falling knife around 720$.

Damn well played sir.

Yeah, except the plan with catching the knife. I waited and then had to go to sleep at 3 am (my time), so I moved my bids
to the worst scenario area, and - obviously - missed the local bottom, because I slept one hour too long.
But if this is to pump further, it should be range bound for a couple of days.
495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2016, 11:21:01 PM

Not at all... Cheesy
496  Economy / Speculation / Re: Lose all your capital fast, with MatTheCat and his TA 101A! on: June 16, 2016, 11:08:53 PM
I closed the last bit of my long at 778$, now hoping to catch a falling knife around 720$.
497  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2016, 11:05:22 PM
I was stuck in an airport for the first top and I was terrified but by some miracle it went back up so btc could have it's first ever double top.

The first double top:

498  Economy / Speculation / Re: Critical Levels - EW analysis on: June 16, 2016, 08:50:12 PM
How crazy does the following sound?
From February to May we had a local 3, within the second leg up of THE B wave, that was suppressed and lower than the 1, because of lack of fiat on Chinese exchanges.
And now we are experiencing the local 5, approaching the top of the "fools' rally". By this count, we might top in 4 - 5 days, around 900$ - 1000$.

I didn't get it?? chart?

499  Economy / Speculation / Re: Critical Levels - EW analysis on: June 16, 2016, 08:27:16 PM
How crazy does the following sound?
From February to May we had a local 3, within the second leg up of THE B wave, that was suppressed and lower than the 1, because of lack of fiat on Chinese exchanges.
And now we are experiencing the local 5, approaching the top of the "fools' rally". By this count, we might top in 4 - 5 days, around 900$ - 1000$.
500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2016, 11:41:37 AM
I closed half of my long at 754$, hoped to close more before the dump, but... no luck. Will increase my long position at the bottom of the correction.
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