Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[TERA]

I can see why some people are still so bullish now. They see action but don't know what huobi is and they think all this is happening naturally.

Interesting analysis. I can see why some people are so bearish now. They can look into the future and disregard new investors in bitcoin as a potential factor in price. They think houbi is the one to rule us all.

I'm actually bearish for two reasons. First is huobi and second is even WITH huobi, this still looks like that weak trend in May that fell into final capitulation. So combine those two and I am extra bearish.

[Voodah]

I love it how you just disregard everything and oversimplify things.

I'll say it again in case you haven't read it: Recognizing something is not the same as identifying its purpose.

Which means NO, I don't see its effects and can automatically extrapolate all the information needed. No one can. What makes you the oracle?? "Then I will help you determine why".. Really??? Where do you get off?? Who made you trader of the century?

"This isn't rocket science." so you must be a multi-millionaire right? right??

I encourage you to use you're amazing foresight skills in other fields: see Cancer, extrapolate, Cancer defeated, profit. See quantum forces, extrapolate, time travel achieved, profit.

I read all of your posts and enjoy them, but this "know it all, EZ mode" attitude I cannot understand. I know you're a intelligent person.

Just answer me this with your most honest point of view: is there manipulation in Bitcoin markets?

a) Yes
b) No

Because that is what it boils down. I don't truly believe you, an intelligent person from what I've seen in your posts, thinks there is NO (and it means NO, not a single shred) manipulation.

Lol. So this secret manipulation, it always works against you?

Disregard everything and just answer with a stupid question?

You didn't answer my question.

I'll take that as "a) Yes, plus I'm too proud to admit it".

And it's no secret either, you just choose to blindly ignore and disregard (quite the modus operandi you've got there).

[T.Stuart]

I can see why some people are still so bullish now. They see action but don't know what huobi is and they think all this is happening naturally.

Interesting analysis. I can see why some people are so bearish now. They can look into the future and disregard new investors in bitcoin as a potential factor in price. They think houbi is the one to rule us all.

I'm actually bearish for two reasons. First is huobi and second is even WITH huobi, this still looks like that weak trend in May that fell into final capitulation. So combine those two and I am extra bearish.

May is a whole world away now though, don't you think? How much media attention, investment, start ups, countries giving their opinions (most of them quite positive) was there back then? How many key events - pending US clarification (looking very positive) for example - were just a few weeks ahead back in May? Things are very different now aren't they? What is your take on this side of things?

[Odalv]

I can see why some people are still so bullish now. They see action but don't know what huobi is and they think all this is happening naturally.

Interesting analysis. I can see why some people are so bearish now. They can look into the future and disregard new investors in bitcoin as a potential factor in price. They think houbi is the one to rule us all.

I'm actually bearish for two reasons. First is huobi and second is even WITH huobi, this still looks like that weak trend in May that fell into final capitulation. So combine those two and I am extra bearish.

What is huobi ? Some FAKE exchange with 200 btc in order book, and you can sell 100k bitcoin there and price will not even change. Seems legit.

oh houbi ... oh houbi ... oh houbi ... every post

[MAbtc]

We shouldn't have so much butt hurt around here. We all made shit loads of money recently!

[niothor]

I can see why some people are still so bullish now. They see action but don't know what huobi is and they think all this is happening naturally.

Interesting analysis. I can see why some people are so bearish now. They can look into the future and disregard new investors in bitcoin as a potential factor in price. They think houbi is the one to rule us all.

I'm actually bearish for two reasons. First is huobi and second is even WITH huobi, this still looks like that weak trend in May that fell into final capitulation. So combine those two and I am extra bearish.

What is huobi ? Some FAKE exchange with 200 btc in order book, and you can sell 100k bitcoin there and price will not even change. Seems legit.

oh houbi ... oh houbi ... oh houbi ... every post

I don't know about houbi , but the kyuubi , that's one mean character =)))

[granathus]

Bulls vs Bears in this thread has same nerd rage factor as Star Wars fanbois vs Star Trek fanbois, or Xbox Vs Playstation. Keep it up!  

[mmitech]

[trolling]

Dear bears!

what Makes you sure that the price will drop ? don't give me the "comparing with the last few crashes" because it is different every time, and every crash lasted less than the one before it, so I am really curious did you dump your coins already ? maybe I am wrong, so this is why I have Fiat sitting in my stamp account now, please dump your coins and crash the price because this is the only way price will crash, and I will make sure to get a piece of them.

[/trolling]

No seriously, it is a real small volume to judge from....I think the price is not moving because whoever believes that the price is going to crash has sold and who ever think the price will go up has already bought add to all that is we are in a time of holidays..

to be honest I did add some cash to my account just in case, I don't want to invest more money in Bitcoin but I don't want to miss the chance if there will be a big drop ....

  

[segeln]

don't know what huobi is

so do I,
explain,please

[Voodah]

don't know what huobi is

so do I,
explain,please

Just another Chinese exchange with fake volume.

Barely worth mentioning.

[T.Stuart]

don't know what huobi is

so do I,
explain,please

Just another Chinese exchange with fake volume.

Barely worth mentioning.

That's the spirit! 

[seljo]

don't know what huobi is

so do I,
explain,please

It's a Chinese exchange runned by some politicians sons mr. Bai Lo and mr. Sel Hai. Some say it fakes volume with no fee.

[ChartBuddy]

[segeln]

Thanks guys for explaining huobi

[TERA]

I can see why some people are still so bullish now. They see action but don't know what huobi is and they think all this is happening naturally.

Interesting analysis. I can see why some people are so bearish now. They can look into the future and disregard new investors in bitcoin as a potential factor in price. They think houbi is the one to rule us all.

I'm actually bearish for two reasons. First is huobi and second is even WITH huobi, this still looks like that weak trend in May that fell into final capitulation. So combine those two and I am extra bearish.

May is a whole world away now though, don't you think? How much media attention, investment, start ups, countries giving their opinions (most of them quite positive) was there back then? How many key events - pending US clarification (looking very positive) for example - were just a few weeks ahead back in May? Things are very different now aren't they? What is your take on this side of things?

These factors are already priced in thus btc is in an overbought  state.

[Peter R]

I recently learned I am one-degree of separation from a great whale manipulator.  Manipulation is happening.  I also learned that the exchanges realize this and are cracking down on it behind the scenes (they obviously don't want to come out and discuss this openly).  And besides, as the market grows, manipulation is becoming more difficult anyways.

But it's important to note that the great whales do not want bitcoin to crash to the point where it truly damages confidence.  They know they cannot quickly cash out 100,000 BTC and nor do they want to because they believe that bitcoin is the future of money.  

In fact, the more I think about "manipulation" and "whales" the less I see it as manipulation in the first place.  What's wrong with putting up a 1,000 BTC sell wall to try to drop the price?  By doing this you are risking a larger whale eating your wall in a single bite--live by the sword and die by the sword it seems.

In conclusion, the great whales--more often than not--are allies of bitcoin.  

[Erdogan]

I love it how you just disregard everything and oversimplify things.

I'll say it again in case you haven't read it: Recognizing something is not the same as identifying its purpose.

Which means NO, I don't see its effects and can automatically extrapolate all the information needed. No one can. What makes you the oracle?? "Then I will help you determine why".. Really??? Where do you get off?? Who made you trader of the century?

"This isn't rocket science." so you must be a multi-millionaire right? right??

I encourage you to use you're amazing foresight skills in other fields: see Cancer, extrapolate, Cancer defeated, profit. See quantum forces, extrapolate, time travel achieved, profit.

I read all of your posts and enjoy them, but this "know it all, EZ mode" attitude I cannot understand. I know you're a intelligent person.

Just answer me this with your most honest point of view: is there manipulation in Bitcoin markets?

a) Yes
b) No

Because that is what it boils down. I don't truly believe you, an intelligent person from what I've seen in your posts, thinks there is NO (and it means NO, not a single shred) manipulation.

Lol. So this secret manipulation, it always works against you?

Disregard everything and just answer with a stupid question?

You didn't answer my question.

I'll take that as "a) Yes, plus I'm too proud to admit it".

And it's no secret either, you just choose to blindly ignore and disregard (quite the modus operandi you've got there).

Manipulation, yes? Are you talking about someone happily selling to a happy buyer? Or are you talking about someone happily buying from a happy seller?

Or are you talking about someone using fraud or violence to aquire coins or fiat?

Or do you have problems with people selling many coins? Well that is ownership, he can sell if he wants. Large buyer? He can do that if that is what he wants to do with his fiat.

Maybe you are talking about trading for the effect, like selling a lot to lower the price, then take advantage of that? Well that may be forbidden in some markets, but not with bitcoin, and we don't want it to be. Rather we want the other traders to be aware of it and take precautions to exploit it. Which they do.

There is nothing to indicate that the bitcoin market is not free. Any reason to buy or sell is as good as another. It is up to the participants. And any rule to deviate from trading for each participant's own interest is just you wanting to control others. No thanks.

[T.Stuart]

I recently learned I am one-degree of separation from a great whale manipulator.  Manipulation is happening.  I also learned that the exchanges realize this and are cracking down on it behind the scenes (they obviously don't want to come out and discuss this openly).  And besides, as the market grows, manipulation is becoming more difficult anyways.

But it's important to note that the great whales do not want bitcoin to crash to the point where it truly damages confidence.  They know they cannot quickly cash out 100,000 BTC and nor do they want to because they believe that bitcoin is the future of money.  

In fact, the more I think about "manipulation" and "whales" the less I see it as manipulation in the first place.  What's wrong with putting up a 1,000 BTC sell wall to try to drop the price?  By doing this you are risking a larger whale eating your wall in a single bite--live by the sword and die by the sword it seems.

In conclusion, the great whales--more often than not--are allies of bitcoin.  

+1

The exchanges are of course wise to this and they have strategies implemented and are developing more. I was chatting with an employee of one of these exchanges recently about it.

And the whales are not in a conspiracy as some might fear. Take Loaded's word for it. 

As growth continues they will have less power also.

[aminorex]

2 hour 144 and 72 bar linear regressions.

[windjc]

I love it how you just disregard everything and oversimplify things.

I'll say it again in case you haven't read it: Recognizing something is not the same as identifying its purpose.

Which means NO, I don't see its effects and can automatically extrapolate all the information needed. No one can. What makes you the oracle?? "Then I will help you determine why".. Really??? Where do you get off?? Who made you trader of the century?

"This isn't rocket science." so you must be a multi-millionaire right? right??

I encourage you to use you're amazing foresight skills in other fields: see Cancer, extrapolate, Cancer defeated, profit. See quantum forces, extrapolate, time travel achieved, profit.

I read all of your posts and enjoy them, but this "know it all, EZ mode" attitude I cannot understand. I know you're a intelligent person.

Just answer me this with your most honest point of view: is there manipulation in Bitcoin markets?

a) Yes
b) No

Because that is what it boils down. I don't truly believe you, an intelligent person from what I've seen in your posts, thinks there is NO (and it means NO, not a single shred) manipulation.

Lol. So this secret manipulation, it always works against you?

Disregard everything and just answer with a stupid question?

You didn't answer my question.

I'll take that as "a) Yes, plus I'm too proud to admit it".

And it's no secret either, you just choose to blindly ignore and disregard (quite the modus operandi you've got there).

Manipulation, yes? Are you talking about someone happily selling to a happy buyer? Or are you talking about someone happily buying from a happy seller?

Or are you talking about someone using fraud or violence to aquire coins or fiat?

Or do you have problems with people selling many coins? Well that is ownership, he can sell if he wants. Large buyer? He can do that if that is what he wants to do with his fiat.

Maybe you are talking about trading for the effect, like selling a lot to lower the price, then take advantage of that? Well that may be forbidden in some markets, but not with bitcoin, and we don't want it to be. Rather we want the other traders to be aware of it and take precautions to exploit it. Which they do.

There is nothing to indicate that the bitcoin market is not free. Any reason to buy or sell is as good as another. It is up to the participants. And any rule to deviate from trading for each participant's own interest is just you wanting to control others. No thanks.

+1001

What a glorious post!  End. Of. Discussion.