adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 27, 2014, 12:31:33 AM |
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time to buy all the bitcoins? too soon?
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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akujin
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June 27, 2014, 12:31:47 AM |
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Who do you guys think dumped the 60K Litecoins earlier today? Miner ? Early Adopter? or Someone who bought within the last year and is now sad cakes?
Bobby Lee... LOL!
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Richy_T
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Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 27, 2014, 12:34:20 AM |
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Are we piling onto Blitz because he's a mod/Hero and made a bad call, and some in here might have followed it? Are we really doing that? When all throughout the last bear market there was page after page of bullish hybris, "buy all you can, never will be as cheap as now!", "we've hit rock bottom. take a loan on your grandmother to buy moar!", by newbie, senior and hero members alike. Yeah, I thought as much.
EDIT: ... also agreed on the windjc weirdness. Don't know what happened, but I remember a few interesting discussions with you. Now it's down to antagonistic one-liners.
Meh, I'm not upset by Blitz but he didn't just make a bad call, he repeatedly insisted that we wouldn't make triple digits if I recall correctly. Not worth having a fit about though.
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Dotto
Legendary
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Activity: 981
Merit: 1005
No maps for these territories
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June 27, 2014, 12:36:41 AM |
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I'd prefer to hear a rundown of the Jesus thing. Any takers?
You would as you never provide TA. Ok. Here's the best I can do. Resistance at 580. Current price at 580. I'll believe this is a rally if it breaks through on high volume. C'mon tae fuck guys....this is easy TA: That is from Bitstamp and I will just take this opportunity to state that what the other charts are doing is irrelevant. Bitstamp is where all the liquidity is and the exchange the whales trust the most. No leveraged trading on Stamp, no insider Stop Loss farming (using fake volume to trigger orders) on Stamp which skews the charts and the indicators. What is happening is a bear flag scenario. We are currently in the 4th drive of that flag with momentum indicators on lower time frames starting to look a bit maxed out with the expected signs of bearish divergences as might be expected from such a low volume rise, punctuated with some bear dropping 500 BTC bombs into Bid Wall. We will likely correct back a bit from here, before rallying again to get up and meet trendline, at which point the 4th swing will have completed, and we will be looking at going back down to test support and on the next occasion, probably break through it to find lower lows. This has been my prognosis since the before the break down. This is why I went short on what will be my last ever BFX short trade at $600, only to have my stop farmed by the exchange in final 'Fuck You' rally to $615, where spot price stayed on Bitfinex for 2 seconds, before being back down at $600 within the hour. Bitcoinsrus contacted me by PM when we were breaking $580 a couple of days ago. I told him that $580 would be a good short, but I didn't think we were going to be putting in any brutal low. I advised my m8 yesterday to take a position at $560, which I believed would be good until about $585-$590. So I have been calling things pretty good recently so how much dosh have I made? Let me see, -$150 on Short Trade due to both getting my Stop triggered and then further swindled by exchange front running Ask wall and pushing my Stop order up $8 per BTC. and then -$30 Bitstamp fees on long I entered at $560, and then left at $560 after 500 BTC dropping whale gave me cold feet. I have been calling market pretty well and only lost around $200! Hooray for being a Shit trader! (my mate made a few pennies though) At the end we get our dose of interesting TA, maybe wrong, but IS interesting. That are the kind of posts that are nice to read, instead of that ego-driven burst of flames and blablablahs
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10233
Self-Custody is a right. Say no to"Non-custodial"
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June 27, 2014, 12:51:41 AM |
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Are we piling onto Blitz because he's a mod/Hero and made a bad call, and some in here might have followed it? Are we really doing that? When all throughout the last bear market there was page after page of bullish hybris, "buy all you can, never will be as cheap as now!", "we've hit rock bottom. take a loan on your grandmother to buy moar!", by newbie, senior and hero members alike. Yeah, I thought as much.
EDIT: ... also agreed on the windjc weirdness. Don't know what happened, but I remember a few interesting discussions with you. Now it's down to antagonistic one-liners.
Maybe WindJC's account was taken over by an alien?
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Krabby
Sr. Member
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Activity: 644
Merit: 250
https://primedao.eth.link/#/
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June 27, 2014, 12:59:15 AM |
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Well I mean if you want to pump it like that I guess that's how it's going to be...
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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June 27, 2014, 01:00:56 AM |
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Bullfenix -> Dead
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 27, 2014, 01:01:38 AM |
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BTCfan1
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June 27, 2014, 01:04:58 AM |
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nice little jump to 587, glad i bought at 561!
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MatTheCat
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June 27, 2014, 01:07:49 AM |
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nice little jump to 587, glad i bought at 561!
Time to take profits.
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Raystonn
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June 27, 2014, 01:09:01 AM |
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The 1-hour chart is going parabolic.
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Miz4r
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Activity: 1246
Merit: 1000
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June 27, 2014, 01:14:12 AM |
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C'mon tae fuck guys....this is easy TA:
It's also easy TA to provide a chart that shows the opposite. You'd do better to zoom out a bit and look at the longer term trend. At this moment in time I am not interested in the longer term. I am interested in the next few days-week. Even for next days-week I can conjure up just as convincing and easy TA that shows we're going up. Bear flag my ass, have you seen that bear flag at 420-450 in May? What a bear flag that was...
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windjc
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Activity: 2156
Merit: 1070
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June 27, 2014, 01:14:37 AM |
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EDIT: ... also agreed on the windjc weirdness. Don't know what happened, but I remember a few interesting discussions with you. Now it's down to antagonistic one-liners.
Interesting. I've been thinking the same thing about you recently. You used to make powerful arguments for where were headed and why. Now you seem to make no such posts, instead, you make subtle and not so subtle bearish jabs at people - very similar to what TERA has been doing for months. I miss your old analysis. As for me, I have been more punchy this week - but I've been vocal as to why. This forum has gone to complete SHIT again, with people just talking their hands and making fools of themselves. I have a very busy life offline, so when I come here I like to get a pulse on things. But from time to time this forum is complete and utter bullshit. And it has been like this recently again. I posted a link to decent analysis by a trader on traderview who has been fairly consistent in his analysis. I didn't say he was bitcoin jesus, just that he has been right more than wrong which is better than 95% of the people I read on here or on there. Right away you attacked his credentials. AS IF any of us have fucking credentials. Please. Anyway, this market is going up very soon (already started) and the rest of you can go fuck yourselves.
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windjc
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Activity: 2156
Merit: 1070
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June 27, 2014, 01:16:15 AM |
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Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
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MatTheCat
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June 27, 2014, 01:18:56 AM |
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Even for next days-week I can conjure up just as convincing and easy TA that shows we're going up. Bear flag my ass, have you seen that bear flag at 420-450 in May? What a bear flag that was...
We will see. I think we are more likely to break down from this flag formation, you think we are more likely to break up. Fine. You stick with your TA and I will stick with mine. We could also use as an example: "Bull flag my ass, have you seen that Bull Flag in early June 620-680? What a bull flag that was..."
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derpinheimer
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Activity: 896
Merit: 1000
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June 27, 2014, 01:20:03 AM |
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Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfenix is NOT leading???
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windjc
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Activity: 2156
Merit: 1070
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June 27, 2014, 01:20:44 AM |
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Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfenix is NOT leading??? Yes they are. This move up from 575 started on Bitfinex. Absolutely. Check the time stamps.
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MatTheCat
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June 27, 2014, 01:23:15 AM |
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Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfinex can get right to phuck with its hookey volume and insider front running trading of their fractional reserve USD and BTC. Bitfinex is a barky dog. Bitstamp is the master. Bitstamp will stay below its trendline. BItfinex can bark and whipsaw around all it likes as the exchange operators empty stop losses into their koffers and front run the market, in the end, Bitfinex aint going knowhere unless Bitstamp agrees.
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windjc
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Activity: 2156
Merit: 1070
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June 27, 2014, 01:25:11 AM |
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Bitfinex is leading this rally MFers!
Thats right, I'm talking to you MatTheHat.
Eat it.
Bitfinex can get right to phuck with its hookey volume and insider front running trading of their fractional reserve USD and BTC. Bitfinex is a barky dog. Bitstamp is the master. Bitstamp will stay below its trendline. BItfinex can bark and whipsaw around all it likes as the exchange operators empty stop losses into their koffers, in the end, Bitfinex aint going knowwhere unless Bitstamp agrees. Bitstamp is going to follow and then its going to lead, just like when the rally begin at $420. Get ready to eat crow, MatTheHat. This incoming rally (reverse buy the rumor sell the news) is the most obvious incoming rally we've had since Silk Road imploded and crashed the market down to $80. Hold on to your old man shorts, cause its coming.
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