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

[blg425]

I believe in bitcoin from the beginning and keep buying as much as I'm will to spend and potentially lose. It's exciting and I don't care about short term gain.

[aztecminer]

Well, that was the bottom. I picked up a shitload of super cheap coins. Thanks to you idiots selling at the very bottom.
Thanks for playing.

i thought you was getting your money into the bank ??

[billyjoeallen]

THIS IS ALL MANIPULATION from the Four Punch Raiders


C'mon- all these posts from new accounts like who in the hell would be just now getting into BTC? This is all part of the FPR's plan. It's gonna shoot up to maybe $240, then crash back down to under $200 before the real short squeeze reversal up to even $350.

I'm thinking of even playing the pause selling at over $240 and then buying back in below $200.

the problem is that after the short squeeze and the second bounce, it will again go into free fall. I guess that's good because I will have made so much $$$ that I can load up, but damn, this is not good for Bitcoin.

I have to agree with you.  "Oh poor little me, I don't even know what a bull trap is, please explain. And what is CCMF?"  Yeah, of course you're just getting into bitcoin and you just read the white paper. Not fooling anyone.

This thread is weird beyond weird sometimes.

My trading coins have seen a 940% return in the past 3 days. Billyjoealien is the man! I was going to tip him a few 100 bucks in bitcoin, but then he didn't respond to my PM's asking for more advice....it doesn't pay to be rude

I have a job. I was at work. Besides, I don't believe you. You said you leveraged up 30:1 and that's not really an option. But if it is true, I'm glad I could be of service. Consider it a gift. gratis.

[JorgeStolfi]

Top 3 miners in the last 24 hours: F2Pool 29% + AntPool 12% + GHash.io 10% = 51%

[cbeast]

CCMF!

[aztecminer]

So which one of you tools sold at the bottom?

wasn't me. i didnt do it.

[Dilla]

Stop with the ccmf. Not yet, not yet. When it happens, you will KNOW.

[cbeast]

Stop with the ccmf. Not yet, not yet. When it happens, you will KNOW.

I will post no train before it's time.

[DaRude]

THIS IS ALL MANIPULATION from the Four Punch Raiders


C'mon- all these posts from new accounts like who in the hell would be just now getting into BTC? This is all part of the FPR's plan. It's gonna shoot up to maybe $240, then crash back down to under $200 before the real short squeeze reversal up to even $350.

I'm thinking of even playing the pause selling at over $240 and then buying back in below $200.

the problem is that after the short squeeze and the second bounce, it will again go into free fall. I guess that's good because I will have made so much $$$ that I can load up, but damn, this is not good for Bitcoin.

It's just someone HUGE cashing out (thinking Chinese exchanges) looks like they still have coins left which they're feeding off to the market. You'll know ince they'll run out of coins (guessing we're getting pretty close)

[billyjoeallen]

So which one of you tools sold at the bottom?

wasn't me. i didnt do it.

It's too early to say that WAS the bottom. I think it prolly was, at least until the next cycle, so I leveraged up a whopping 2.4% with a liquidation price of $5 bucks just for shits and giggles. I'm just not that enthusiastic about this round. I think maybe the FPRs might have killed their golden goose.

EDIT: Either that or they're waiting for another bear whale before they really start the next pump.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[aztecminer]

Who are the "Four Punch Raiders?"

i just learned about the 'four punch raiders' tonight .

[dspair]

We need a reset to 2 or even 1 digit numbers, before the story with mtgox and its money from thin air. Maybe another bearish year will fix bitcoin.

[pjviitas]

So which one of you tools sold at the bottom?

wasn't me. i didnt do it.

It's too early to say that WAS the bottom. I think it prolly was, at least until the next cycle, so I leveraged up a whopping 2.4% with a liquidation price of $5 bucks just for shits and giggles. I'm just not that enthusiastic about this round. I think maybe the FPRs might have killed their golden goose.

EDIT: Either that or they're waiting for another bear whale before they really start the next pump.

The 1w charts have to at least start looking up before I jump back in...I may not catch the very bottom but it will be close enough.

[pjviitas]

We need a reset to 2 or even 1 digit numbers, before the story with mtgox and its money from thin air. Maybe another bearish year will fix bitcoin.

Even though I have no technical reason I have to agree with you purely on what my personal valuation of BTC.

It isn't worth much more than single digits to me personally so I am reluctant to jump back in until then.

[lyth0s]

THIS IS ALL MANIPULATION from the Four Punch Raiders


C'mon- all these posts from new accounts like who in the hell would be just now getting into BTC? This is all part of the FPR's plan. It's gonna shoot up to maybe $240, then crash back down to under $200 before the real short squeeze reversal up to even $350.

I'm thinking of even playing the pause selling at over $240 and then buying back in below $200.

the problem is that after the short squeeze and the second bounce, it will again go into free fall. I guess that's good because I will have made so much $$$ that I can load up, but damn, this is not good for Bitcoin.

I have to agree with you.  "Oh poor little me, I don't even know what a bull trap is, please explain. And what is CCMF?"  Yeah, of course you're just getting into bitcoin and you just read the white paper. Not fooling anyone.

This thread is weird beyond weird sometimes.

My trading coins have seen a 940% return in the past 3 days. Billyjoealien is the man! I was going to tip him a few 100 bucks in bitcoin, but then he didn't respond to my PM's asking for more advice....it doesn't pay to be rude

I have a job. I was at work. Besides, I don't believe you. You said you leveraged up 30:1 and that's not really an option. But if it is true, I'm glad I could be of service. Consider it a gift. gratis.

I was leveraged 20:1, I don't think I ever said 30:1 and if I did it was a typo.

[cbeast]

We need a reset to 2 or even 1 digit numbers, before the story with mtgox and its money from thin air. Maybe another bearish year will fix bitcoin.

Not until it is 100% guaranteed that another gox/stamp won't happen.

[billyjoeallen]

So which one of you tools sold at the bottom?

wasn't me. i didnt do it.

It's too early to say that WAS the bottom. I think it prolly was, at least until the next cycle, so I leveraged up a whopping 2.4% with a liquidation price of $5 bucks just for shits and giggles. I'm just not that enthusiastic about this round. I think maybe the FPRs might have killed their golden goose.

EDIT: Either that or they're waiting for another bear whale before they really start the next pump.

The 1w charts have to at least start looking up before I jump back in...I may not catch the very bottom but it will be close enough.

Those charts are almost completely worthless and getting progressively more so. Back date them and you will see that they are not reliable indicators. What is critical to recognize is the four step pattern. This is not an organic market or even close to it.

The bear market will not end until the FPRs either lose control or change strategies. So far their is little evidence that either event has occurred.

[cbeast]

Throwback 2011:

There doesn't seem to be a great deal of new capital entering the system...

Bitcoins are still being mined, and some fraction of those are sold to pay for electricity.  There's enough new capital coming in every day to pay for the electricity.

I can agree with your first two assertions, but I don't see market evidence of the last one. If substantial amounts of capital were being brought in, there would be a number of indicators of that (most notably that the market would be trending up rather than down).

[poncho32]

We need a reset to 2 or even 1 digit numbers, before the story with mtgox and its money from thin air. Maybe another bearish year will fix bitcoin.

Even though I have no technical reason I have to agree with you purely on what my personal valuation of BTC.

It isn't worth much more than single digits to me personally so I am reluctant to jump back in until then.

What if it never hits single digits?