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Calm down ffs. Wait for it to dump, buy back in and just fuckin' hold until the real pump starts. Simplify your strategy.
This was the real pump and it overshot (in China). Still buying the retrace (which could go deep) should be a good reentry. |
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Someone is trying very hard to suppress price w/ giant 650 coin wall @ 497 on Stamp
Does it get eaten? Pulled?
They're going to have to try harder than that. Remember in November '13 when someone (Mark?) put up 10,000 BTC @ $200 on Gox? I remember, but it was at 260$, and made me panic sell. Bought back after it was eaten. |
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Market leader Huobi is going to run out of steam...
Except you're a known shill and every single one of your posts claims the price will "crash any second" Here's one of your last useless HERP DE DER posts. Looks like that May 24th prediction didn't work out too well huh, shill? The evolution of the bid sum on various exchanges does not support a bullish scenario.
The cockroach ate most of my post, so here it is whole. The current 50$ or more difference between Huobi and western exchanges is reflected in it. The evolution of the bid sum on various exchanges does not support a bullish scenario. Compared with December with a top of 475$, the bids are now much lower on western exchanges, down to 50% on Bitstamp. On Huobi, I suspect a whale / miner bullish manipulation: some 30 - 40 million CNY have been added to the bids during the last month, but without a real intent on buying, or we would be over 500$ already. Those bids have been pulled every time a minor dump occurred. Daily MACD has crossed to negative on Bitfinex and Bitstamp, but not on Chinese exchanges yet. So IMO the market is vulnerable to bad news, especially from China. A possible bad news could be the auctioning of the 202k BTC during the MtGox distribution, which could be announced tomorrow (or not, distribution by BTC would be bullish). If the auction(s) will take place, this could trigger 2 tests of the bottom support, one on the announcement, the other on the auction. After the distribution by fiat I would expect a rally, fueled by FOMO buying with the newly available funds. PS. Found a scenario that is in line with my expectations. https://www.tradingview.com/chart/BTCUSD/bRHCR1I2-Bitcoin-The-End-of-an-Era/And my next post, before he pump was: The Chinese pumpers are about to invalidate my scenario (short term bearish, medium term bullish), and may give RyNinDaCleM's scenario the first row. In such case, here is how I would expect this to happen, a bit slower if the current timings are to continue:  |
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I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them...  |
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Market leader Huobi is going to run out of steam...  |
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Correction time, nice dump on BTC-E...  |
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sold at 470, then watched it climb up & up!
ugh!
you want bears? cos this is how you get bears!
Should be a time in memorial lesson, never use all your fiat nor sell all your BTC. just a bit, but it still hurts after being so strong for so long! psychological damage more than financial but still. kicks self where the shills at? come back!!! i really need you tonight, forevers gonna start tonight... etc I guess you will panic buy at 450$ the next days, which is OK. But you will probably "forget" to sell at 570$...  |
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The Chinese pumpers are about to invalidate my scenario (short term bearish, medium term bullish), and may give RyNinDaCleM's scenario the first row. In such case, here is how I would expect this to happen, a bit slower if the current timings are to continue:  |
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So even after taking out the one claim for $2.3 trillion, there are still $32 billion of claims... And $91m of assets. 32 billion $ you say? What are you smoking, I want some too... It's about 415 million $ of accepted claims. But there is no mention of the 202k BTC auction, I am very disappointed... |
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The evolution of the bid sum on various exchanges does not support a bullish scenario. Compared with December with a top of 475$, the bids are now much lower on western exchanges, down to 50% on Bitstamp. On Huobi, I suspect a whale / miner bullish manipulation: some 30 - 40 million CNY have been added to the bids during the last month, but without a real intent on buying, or we would be over 500$ already. Those bids have been pulled every time a minor dump occurred. Daily MACD has crossed to negative on Bitfinex and Bitstamp, but not on Chinese exchanges yet. So IMO the market is vulnerable to bad news, especially from China. A possible bad news could be the auctioning of the 202k BTC during the MtGox distribution, which could be announced tomorrow (or not, distribution by BTC would be bullish). If the auction(s) will take place, this could trigger 2 tests of the bottom support, one on the announcement, the other on the auction. After the distribution by fiat I would expect a rally, fueled by FOMO buying with the newly available funds. PS. Found a scenario that is in line with my expectations. https://www.tradingview.com/chart/BTCUSD/bRHCR1I2-Bitcoin-The-End-of-an-Era/ |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
Some early adopter has a different opinion...  |
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volume looks pretty shitty though
wouldnt be surprised if we break that nice uptrend and test 370 again. lots of bullish expectations and barely any volume.
Testing 370$ would trigger a bearish flip of the weekly PSAR.  |
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Place your bid at 320$ and wait.
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And if a long squeeze happens instead? Would you consider never quoting again the author of that article? Bitcoin price is at a critical point. It may break the 500$ resistance, or invalidate the bullish scenario and crash hard, so caution is advised. I would rather have the bullish scenario, since the bearish scenario would imply many months of downtrend and sideways, but I'll try to be ready for the big bear.  |
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this is ridiculous, pop over 460 already.
Yes, this is ridiculous, unless something is fishy with the order book of the market leader, we should be already above 500$, yet we are not...  |
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ive said this many times, halving is priced in, those that want to buy already have. There is not enough buy support to maintain a pump. Theres waaaay to many people hoping to dump on noobs at $600+...problem is even the noobs now use google and have access to a wealth of information unlike 2013 when everybody was a noob,lol.
BTC is gonna dump real hard in the next month or so..probably back to $300s over summer...then watch out for oct ( good times begin again)
BTC will pump but only after the scalabilty issue is solved ( cmon dr wright, make that super computer do sum magic ) 2017 btc will be $1k+
bear logic: it will crash so i can buy back lower and THEN it will rocket to the moon. duh! How about another bear logic: let some guinea pigs try to break resistance at 500$, reach about 550$, then I'll buy the next dip, because it should reach 700+. Your bear logic on the night of May 5th didn't work. You said the 4.5k ask wall should hold, went to bed, and straight afterwards the price shot up over $15 while you slept. You left some guinea pigs to break resistance, and they did it. What if the guinea pigs do it again?  I see a fairly decent sized wall, and no one is talking about it here. Now I have the sad.
Edit: Wall shrinks
Yeah, Bitfinex wall grew from 1.5k to 4.5k, then shrank back. But it was enough to make me close my long at a tiny loss (slippage and fees). Let someone else attack that wall with force, then maybe I'll take a little bite too. I was expecting a little pump, but with low volume a 4.5k ask wall should hold. Point taken. Bitfinex chose to follow the Chinese market leader, despite this:  I later opened a small long at 452$ and closed it a bit higher, I believe the market is now forming a triangle, and I'll buy back if it breaks up (but hope it will break down ). |
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