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481
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 23, 2014, 09:55:30 AM
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Bitcoin is over. Time to face the truth.
I will agree as soon as price hits 275$ again. Even if Bitcoin prices hit $275 again, it is NOT over... but it may cause a lot of loss of confidence... especially if it were to go into the $100s or even double digits.... Those kinds of numbers would really cause me to be suspicious about if there is some fractional reserve banking going on. I assume a lot of people thought it can't fall below 300$. When it did, some players stormed in to save the day. They even gave us a the false hope of a trend reversal to keep it from repeating too soon. But I guess they keep limited amount of fiat on the exchanges and have their threshold what they are ready to absorb. And I guess many people are keeping a much closer eye on the charts and they are still significantly more nervous about the downward price movements after that manbearwall incident. So, practically everything is set up for an exponentially accelerating freefall. Meanwhile, the long term trend is still negative (just take a look at the daily chart). To sum it up, it's practically just a matter of time to reach 0.01$ unless something dramatically changes. And it can happen much faster than we would assume it's possible. Of course, anything can happy anytime, the trend can revers and we can see a new ATH by the end of this month. But it's not granted. Nothing is. Yeah you're right , at the end is only a manipulation from some early adopters/miners . Don't worry .... Yea, fractional reserve, manipulation, agendas, conspiracy from banks...... keep dreaming and losing your shit when the bubble is bursting, I really wonder what will be your response at the bottom. |
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483
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Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;)
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on: October 22, 2014, 11:24:44 PM
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Have to wait 3 years for $10k??
That would be a huge dissapointment...
I'm not buying it though
I think we're gonna have atleast 1 more big bubble until growth starts to slow down
$4 billion market cap is just too small for this market
Hhaaa, the quick get rich investors... usually people like you get burnt/punished the most, so be careful and try to be a bit wiser about your investments. |
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484
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 22, 2014, 08:19:45 PM
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Winklevosses, Draper, Horrowitz, Wilson, the list goes on and on and only serves to show: The establishment in Silicon Valley is already on board of Bitcoin, and they will never allow the price to get too low (long-term) as long as they haven't cashed out yet. If they wanted, they already have not only the financial but the legal means to prevent new lows. It's completely legal to manipulate Bitcoin prices.
nah, these guys loses millions in order to make millions, they don't profit in every single investment they make, they allow a really good amount of failure chance before investing, even Marc Andreessen admitted it last time when he was asked " do you allow for the fact that you could be wrong about Bitcoin?" you can watch his answer here |
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485
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 22, 2014, 07:43:55 PM
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price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  . however, don't sell now. How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding. Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye. Exchange demand != actual demand ETF also create gateway for unseen amount of investors liquidity the type of which has never had access to bitcoin before. Also, the ETF does not depend on the BitLicenses to operate. See, I think some of you don't even really read the whole post, demand is not going to effect the market for long time, because Winklevoss got a shitload of coins that needs to be liquidated.... and yes, the Bitlicense is going to effect this ETF if it is going to operate in New York... I wont even start with wall street. |
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487
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 22, 2014, 06:35:08 PM
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price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble . however, don't sell now. How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding. Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye. |
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489
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 22, 2014, 02:34:32 PM
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some think that 11 is an optimistic number : They didn't post a list of the banks that could fail, but they did mention 3 banks from Italy, which worry me a bit because I have an account with unicredit bank which is an Italian bank. but this is just the test, you probably have a few months to get you funds safely into bitcoin.  maybe this explain why Stamp changed their Bank after all, I would have to start thinking about changing my bank, and I wont buy back yet, and I will buy only $4K-5K, so I am not the guy who you wish to save the scene  |
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494
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 22, 2014, 11:30:35 AM
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Bid support on Stamp looks solid. 2000 BTC to 380$ 5000 BTC to 370$ Huobi 14000 BTC to 2300CNY lol Conclusion: Breakout imminent!  Fonzie, you went long ? you will be fucked mmitech you didnīt buy@ 300$. You missed much profit Iīm not long btw, but holding and waiting for the end of the consolidation phase to make a decision. in fact I did buy @ $300 and sold for profit, I could hold longer and sell @ $400 but I felt it was too risky, I already lost so many opportunities to make money, this time is not going to happen again, I will stick to my game till the end. Still waiting for double digits? laugh your ass at me now, but I am not buying Bitcoin anymore if not @ double digits, the price is a bubble that needs to burst first, I am not going to touch it before it does |
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495
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 22, 2014, 11:12:01 AM
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Bid support on Stamp looks solid. 2000 BTC to 380$ 5000 BTC to 370$ Huobi 14000 BTC to 2300CNY lol Conclusion: Breakout imminent! Fonzie, you went long ? you will be fucked mmitech you didnīt buy@ 300$. You missed much profit Iīm not long btw, but holding and waiting for the end of the consolidation phase to make a decision. in fact I did buy @ $300 and sold for profit, I could hold longer and sell @ $400 but I felt it was too risky, I already lost so many opportunities to make money, this time is not going to happen again, I will stick to my game till the end. |
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497
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 21, 2014, 09:48:31 AM
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The MACD is a lagging indicator, without momentum it doesn't mean anything... with this slow market, MACD turning green is not a strong indicator of a reversal.
... and the worm turns. Don't know exactly what you are trying to say, but I bet it is not important and it is just a buthurt expression. I am getting use to your kind... but hey don't worry, only time will tell. |
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500
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 20, 2014, 06:29:03 PM
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The wall guy on Huobi seems to be having a good time.
It seems. Pulled his wall seconds before dump started. What a coincidence  Or it is Huobi again with their "phantom book order" manipulation, do you remember what happened with LTC when the price went all the way down to 1 CNY ? I wouldn't trust Huobi and OKcoin even if they were the last exchanges on existence.... fishy business. |
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