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1661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 04:07:15 PM
How fucking real is $200 by tomorrow?
$220 Is more likely in my opinion.
See told you dumb bears. Hope every bear gets margin called for shorting.

This is just the beginning of the great rally of 2015.

Smiley

This is what forming a bottom is like. People who short all rallies or manipulative sells have to be punished a few times..
1662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 12:01:43 PM
So is it mainly bots trading on these exchanges?

I just bought a lot of bitcoins at just over 193.4 euro in 1.8 bitcoin increments.

I have been waiting for something under 194 and saw that pop up so I bought it.

Then a few seconds later another 1.8 popped up for close to the same price. So I bought it again. And it popped up about 6 more times and I snatched it up each time.

But the numbers were different each time.
1.79871374  193.31098
1.79279944  193.42050

etc...numbers like that

what's that all about? I'm glad someone did that, if I were to buy that many bitcoins at the current volume I would have driven the price up to 200 euro.

I have a buy set at 200 but I think I will nibble this weekend if we don't hit it..
1663  Economy / Speculation / Re: It's looking worse and worse... on: February 06, 2015, 10:51:02 AM
Sudden drop from 226 to 210 in the last few minutes. The weekend is coming. I think we're looking at 160 during the next few days.

A sale of 5000 XBT that coincided with a 5000 XBT drop in the Ethereum address. https://bitcointalk.org/index.php?topic=946424.0. This is one motivated seller that cannot wait for a turnaround in the XBT/USD rate, so they will sell close to or at the bottom.

I'm a little surprised at this Ethereum dump being so close to the previous Ethereum dump and the fact it's much bigger. I did not expect this one for at least a few more weeks.

I'm a little surprised they are selling in such an irresponsible manner.
1664  Economy / Speculation / Re: Sub $100 in spite of good news? on: February 06, 2015, 10:27:01 AM


Either you're a paid shill or you're hoping to buy coins sub $100, why else would you be on a bitcoin forum?

If you don't see that 2015 will be the best year bitcoin has seen so far then I have no time to convice you.

Also your argument about the 3600 daily coins mined is something which is being repeated 1000 times a day in this forum. Just the last 24 hours the global trade volume exceeded 1.4 million coins, 3600 is like nothing compared to 1.4 million. And that is if all the 3600 coins are being sold daily, which isn't happening.

oooh. A sour 'hodlmybtc'.


I'm not hoping for sub 100$, i know it's inevitable most likely. All 3600 coins are sold daily - on average. More coins have been mined in the past that also maybe need to dump at one point.

why is it repeated so much? Maybe because it's a major marketforce (the supply)?

Sure, pump and dump volume is impressive. What's the point of that?

you keep 'hodlyourbitcoin' and maybe go for some fresh air in case it's too much for you. Remember: price isn't important for a true believer.

I maybe really need to quit the forum as only brainless people seem to be here now and everyone who isn't a bull is suspected to be a paid shill and insulted for being spot on.

I feel much better since i have let go of the bull on the 5th of january. And suddenly i make bitcoin while being in pain for so long.... you need to capitulate and be desperate before we can move up again. You're still in denial stage.

If 3600 coins being produced per day is bearish, why was 7200 coins per day bullish?

Oh and I buy coins each month no matter the price. If there are less than ten thousand people like me around the world that will suck up all coin supply at these prices..

Of course next year it becomes 1800 coins a day. Only 5000 people buying around the world monthly to support the price..and that excludes paupers and the rich.

Price may weaken, sure, but buying in a halving range with an exponentially decreasing coin inflation rate is a bit like buying bonds in the knowledge of progressive future interest rate falls.

Hint: look up the relationship of bond prices to interest rates..

The problem with this forum is it populated by short term traders using technical analysis, but ignoring the much bigger picture.
1665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 01:46:13 AM
Off to bed as we look like we retake the 220's.. maybe Smiley
1666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 01:24:43 AM
Walls retreating :p
1667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 12:57:47 AM
INCA you are nothing else than a bull scammer. An honest upright bull would prefer to see a sustainable growth.
But bull scammers like you are just waiting for a quick pump and dump short squeeze to unload their bags to the next bigger fool.
I am dissapointed.
Bitcoin would be better off without scammers like you.  Angry

Says probably the 2nd biggest troll on the site..

Finex:
Shorts 20,464
Longs 14.9m USD

Keep trying bears Smiley
1668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 11:51:27 PM


 Cheesy
I wish it would happen so he would stop talking about it ... getting kinda boring

<grabs pencil, starts analysing BFX statistics as if they are the only market driver>


A cursory glance at the short interest and price swings shows they are heavily correlated..
1669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 11:49:28 PM
Let's see you trading record fonzie..

Holding my breath..
1670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 10:30:47 PM
I have a small mining operation that I made out of thin air (trading + cheap electricity), that is still profitable and it will continue to be till we hit 100 $.

so I dont give a shit what will happen.

I am here for the lulz.

Riiiiight... Wink
1671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 10:23:44 PM
sorry guys, but the real crash is yet to be seen.

with all those bitcoin derivative trash, p&d altcoins, mining bubbles, bitcointalk ponzi schemes, bulltard trolls and scammy exchanges in place you need several rounds of really hard dumping to find the real bottom.

the one to 150 is the first and genuine step in the right direction.

I know it is customary to talk ones book in this place but you're getting a bit obvious. I often find your comments somewhat insightful, but this is just twaddle.


there is no book.

I am buying all the dips and cashing out all the rebounds since we broke 380.

that is all. 

So you have no coins currently but want to buy some at a lower price?
1672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 10:22:05 PM
and if you're short, keep shorting. It's the forced liquidations of the shorts that are going to really launch this next rally.

Plenty are..
1673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 10:13:10 PM
Remember all but a select few on this thread are retail playing with peanuts and leverage.

All it takes is a few consecutive 'short all the rallies!' attempts ending in margin calls and the attitude in here will change on a dime.


1674  Economy / Speculation / Re: Bitcoin price : still very pessimistic. on: February 05, 2015, 10:07:17 PM
Right now, it is a pessimistic and bearish scenario, again. What's interesting is that people seem to be nervous and hesitant to short right now. The market actually really wants to go up, but we may have to make that final correction and confirmation of the trend-reversal!

A quick glance at bfxdata.com shows there are over 20,000 shorts on bitfinex right now. Though I agree with your general sentiment. A few more unexpected jumps back into the high 2xx's and the aggressive 'short all rallies' approach will fizzle out.
1675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 10:00:52 PM
We get you are short newbie..I wish there would be some follow-through selling for you Smiley

BTW..10,500 coins to 200. 7000 to 246! Rape!

Yes, I am short. But considering there was about 400 to 219 a couple minutes ago, there is now 2200 to 219, and Magic Beanswisdom is down for a few of the exchanges so people can't track the walls... well, those things make me think yes... people on here might want to know.

I see you are long!

I'm long too but I trade on daily candles. Anything below 6h/4h is noise to me. The way I see it we're moving into oversold territory on the oscillators on declining sell volume with narrower candle spreads... the current daily candle has a decent wick pointing downward, indicating that the market absorbed anything in that range... even the 3d candle is turning into a no supply candle, pretty pathetic for bears. I think the markets have simply ground to a halt. Last selloff was meh. Noob/bad trader/gambler shorts have increased to 20k thinking we'll retest $200 when in reality there is almost nobody left to sell. Perfect opportunity for a pump.


don't worry when the chinese wake up they will see that big red 'chinese panic' flash dump and they will start the panic mode and huobi will shutdown and and all the chinese will start unloading their bags on the rumor that bitcoin is going to 170.

Is a $10 drop really enough to cause that much panic?

The only people panicking are those that dumped 5000 coins on finex hoping the price would fall in a cascade of selling.

In 30 days we have US regulation coming onto statute.
1676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 09:35:03 PM
We get you are short newbie..I wish there would be some follow-through selling for you Smiley

BTW..10,500 coins to 200. 7000 to 246! Rape!

Yes, I am short. But considering there was about 400 to 219 a couple minutes ago, there is now 2200 to 219, and Magic Beanswisdom is down for a few of the exchanges so people can't track the walls... well, those things make me think yes... people on here might want to know.

I see you are long!

I don't trade with leverage, so no.

Magic Beanswisdom isn't down either..

I've tried 2 different computers and I'm getting the price, but it is saying "load fail try again in 5 seconds" where it would normally show the market depth.

Working here in the UK..

I have a buy order at 200.
1677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 09:32:59 PM
We get you are short newbie..I wish there would be some follow-through selling for you Smiley

BTW..10,500 coins to 200. 7000 to 246! Rape!

Yes, I am short. But considering there was about 400 to 219 a couple minutes ago, there is now 2200 to 219, and Magic Beanswisdom is down for a few of the exchanges so people can't track the walls... well, those things make me think yes... people on here might want to know.

I see you are long!

I don't trade with leverage, so no.

Bitcoinwisdom isn't down either..
1678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 09:30:10 PM
We get you are short newbie..I wish there would be some follow-through selling for you Smiley

BTW..10,500 coins to 200. 7000 to 246! Rape!
1679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 09:22:10 PM
Is the price really down a whole 8$ and the bears are going wild?

Meanwhile it is still 10k more coins to break 200 on finex and shorts are over 20k again.

1680  Economy / Speculation / Re: It's looking worse and worse... on: February 05, 2015, 09:19:44 PM
Sunday target indicates to be around $160

What are you basing this on?  Wasn't that your last Sunday's target?

True.

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