At the moment Bitcoin looks like just another scammy pump and dump coin. These fucking traders are horrible. I wish they would move on to something else they can destroy.
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384 I was expecting a hit to the 400's before the weekend Why would the dumpers suddenly stop dumping now? Nothing changed.
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The weak hands have been shaken.
Is this miners continuously dumping, stolen coins from yesteryear, combo or something else?
The good ol weak hands myth. Weak hands have been shaken 150 times now since 1200.
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Sorry to tell you this but drawning lines on a chart doesn't work. It predicts absolutely nothing. It's as acurate as throwing dice. Why people still dont't get that after 1000's of examples that failed is beyond me.
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I covered my short at a loss that I took a few days ago.
I was expecting it to go lower but it looks like support held and might advance higher.
Please tell me me you lost a lot?
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Yes blitz. But some on here won't see any bull scenario until we are well up into the high 4xx's.
Way later IMO, I think there will be denial unless we break 680. Also, a good technical picture doesn't guarantee anything, it just gives good chances that any downturn will likely not be severe. I actually wouldn't be surprised if we saw a longer period of sideways/fakeouts. Very possibly. Unless something unexpected spurs things on sooner. Buying at 70% below the previous ATH seems a good place to accumulate. Newcomers will likely think so too. Every newcomer quickly leaves after he realize every buy he makes gets dumped on.
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And it feels like 90% of them are dumping.
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Looking to buy again next day or two. 3day MACD kept barely negative by the obvious selling yesterday. This weekend could be exciting. We may dip lower, or instead take out 4xx again and stairstep higher. If we go below 350 for any length of time I will just buy immediately. At this stage I am assuming we have bottomed at 275, with some pretty monumental support visible there. I suspect we have a few weeks at most before surging higher on high volume, leaving bears scratching their heads and remembering that little heard word on here, fundamentals.
"We are about to go up" Inca - every day.
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I wouldn't be surprised if i wake up and its over 400 tomorrow morning Well, one day you will be right.
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well someone's having fun.
Anyone selling below 400 is taking a huge risk.
Sadly enough it's the buyers who take the risk. Basically anybody who bought above 390 and didn't sell lost money. Thanks to the dumpers. The goddamn annoying dumpers.
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Notice the pattern? We have buyers for a few days untill they find out every uptrend will dumped on and they stop buying. We've seen it the last few days. And after the Paypal news. And after the 30k sell off.
These fucking dumpers stop every single uptrend we have. Unbelievable.
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What is it with these goddamn dumpers!
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I respect and I like to have bears here. But trolls doesn´t apport nothing but crispation and noise. Please moderators, Blitz consider ban lambchop.
And the rest os us: PLEASE DONT QUOTE THE TROLLS. Thanks.
You mean don't quote the bear trolls, right? Because I see the bull-trolls aka marketers getting quoted all the time, and nobody seems to have a problem with that. And who are they? People like Jorge and Blitz.
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Yes, cut your loose and move on.
Please stop quoting that idiot. It's seriously one of the dumbest, least entertaining trolls on this forum.
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Inca, this is bullish right? We're about to go up?
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And the usual ask walls after the dumps. Because we are never low enough for these people. I wonder if this shit is ever gonna stop.
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I'm shorting for the first time in a while. I was hopefully optimistic, but now I'm convinced we still haven't hit bottom.
"I'm selling because we are going down". Guess why we are going down. 'Cause whales playing 'whale wars' and not Joe Public? Because people sell? Because only whales have the ability to dump 1000 BTC at a time, and not Joe Public? So no, not really "people"? Besides the big dump there are always many small guys who get scared and dump. This is often the intention of the whales. So yes 200 people dumping 5 coins is obviously taking down the price. And this are exactly the people who come here asking why we are going down.
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I'm shorting for the first time in a while. I was hopefully optimistic, but now I'm convinced we still haven't hit bottom.
"I'm selling because we are going down". Guess why we are going down. 'Cause whales playing 'whale wars' and not Joe Public? Because people sell?
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