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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26406591 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
marcus_of_augustus
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Eadem mutata resurgo


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January 27, 2015, 01:54:00 AM

coinbase showed us the moon ...

ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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January 27, 2015, 01:59:56 AM

Coin
Explanation
Venusianism
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January 27, 2015, 02:01:57 AM

A fair few longs being liquidated on 796 futures. Another sleepless night coming up I think.

When there is blood in the streets!

Blood is like 200. I was there

False. There's less than 1.5M bitcoin users on the entire planet. Blood is $115.
Blazin604
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January 27, 2015, 02:07:54 AM

A fair few longs being liquidated on 796 futures. Another sleepless night coming up I think.

When there is blood in the streets!

Blood is like 200. I was there

False. There's less than 1.5M bitcoin users on the entire planet. Blood is $115.


This is bad why has the price dropped fuck coinbase
billyjoeallen
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January 27, 2015, 02:11:11 AM


It seems I don't have the nerve to sell and hope it drops. Do you keep to a trading strategy? or listen to your guts?

For now I'm trading the Four Punch Pattern.

*** Of course it drops after I close my short. Oh well, a small profit is better than none. Still 90% fiat though. Got plenty of dry powder.



You should have hung on until China opened. You had a logical strategy and let emotion in!

Totally good call, then you closed...Huh??!!!

C'mon BJA - remove emotion and stick with it.  It's what you would've said...  

Probably 250 dip at least?  You called it!

At least I can go to sleep tonight.

Don't worry. I'm still something like 87% fiat. I don't think there will be a sharp "V" shaped bottom but a leveling off and then a short squeeze, so I think I'm looking good. I've got about five grand of profits coming in and if it stays low long enough for them to hit my bank account, I'll dump them right back in and increase my coin stash.

Best case scenario is a true double bottom (higher low on higher volume). I have no idea how low we'll go other than what I already said: possibly the $220s, but that's only if we get enough panic dumping to initiate a margin call cascade.
NotLambchop
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January 27, 2015, 02:15:09 AM

May I direct your attention to Psalm 22, gentlemen, this little tidbit in particular:

Be not far from me; for trouble is near; for there is none to help.
Many bulls have compassed me: strong bulls of Bashan have beset me round.
They gaped upon me with their mouths, as a ravening and a roaring lion.
I am poured out like water, and all my bones are ...

For dogs have compassed me: the assembly of the wicked have inclosed me: they pierced my hands and my feet.


Yeah, see?  He didn't have it easy either.
OTOH as He suffered, He certainly didn't feel like an idiot--He didn't blow all of his family's money because a website posted a rocket pic.  Not like U Cheesy Cheesy

You'll be fine, bulls!  Feel better soon! <3

gkv9
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!!! RiSe aBovE ThE StoRm !!!


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January 27, 2015, 02:16:25 AM


Oh no please!!! Please don't mess up with the Bulls... Tongue We don't want to see it down under $200 again...
billyjoeallen
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January 27, 2015, 02:17:46 AM

coinbase showed us the moon ...



ROTFL!! Got that right. They have egg on their faces. Serves them right for pumping when they have no business telling people which way to trade.
damiano
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103 days, 21 hours and 10 minutes.


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January 27, 2015, 02:20:59 AM

How many of you are currently short?
cbeast
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Let's talk governance, lipstick, and pigs.


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January 27, 2015, 02:22:32 AM

There is no evidence of superstitious trading. Trade only bitcoins you can't afford to buy back at 350.
billyjoeallen
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January 27, 2015, 02:23:52 AM

How many of you are currently short?

Mark my words: shorts are gonna get squeezed within a month. I'm calling a $350 top, but first it's gotta go low enough to get all the bargain hunters on board.
TankHankerous
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January 27, 2015, 02:26:58 AM

Call me a stubborn bull but I'm out until coins are Low Low Low

Like the apple bottom jeans and the boots with the fur
billyjoeallen
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January 27, 2015, 02:28:03 AM

A fair few longs being liquidated on 796 futures. Another sleepless night coming up I think.

When there is blood in the streets!

Blood is like 200. I was there

False. There's less than 1.5M bitcoin users on the entire planet. Blood is $115.

1.5 M with what, an average of less than 10 coins each? if we all wanted an average of 11, there wouldn't be enough to go around, even if the price hit $10,000. 

This too shall pass, Gentlemen. Be greedy when others are fearful.
dreamspark
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January 27, 2015, 02:30:41 AM

How many of you are currently short?

Closed mine sub 260, need some sleep. Hoping it doesnt move too much either way in the next ~10 hours.


Mark my words: shorts are gonna get squeezed within a month. I'm calling a $350 top, but first it's gotta go low enough to get all the bargain hunters on board.

Shorts are already down 7k in 24 hours. We need some sideways and for the amount of shorts to go up before we can really squeeze them.
billyjoeallen
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January 27, 2015, 02:34:45 AM

How many of you are currently short?

Closed mine sub 260, need some sleep. Hoping it doesnt move too much either way in the next ~10 hours.


Mark my words: shorts are gonna get squeezed within a month. I'm calling a $350 top, but first it's gotta go low enough to get all the bargain hunters on board.

Shorts are already down 7k in 24 hours. We need some sideways and for the amount of shorts to go up before we can really squeeze them.

We'll get plenty of sideways, I think. The Four Punch pattern gets flatter each time. This CB pump put a little kink in the works, but the undercapitalized will have to sell and the get rich quick crowd will have to get bored and drop out first.  With my cold storage stash, pile of fiat and incoming profits, I can wait.
BlindMayorBitcorn
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January 27, 2015, 02:37:57 AM

How many of you are currently short?

Closed mine sub 260, need some sleep. Hoping it doesnt move too much either way in the next ~10 hours.


Mark my words: shorts are gonna get squeezed within a month. I'm calling a $350 top, but first it's gotta go low enough to get all the bargain hunters on board.

Shorts are already down 7k in 24 hours. We need some sideways and for the amount of shorts to go up before we can really squeeze them.

We'll get plenty of sideways, I think. The Four Punch pattern gets flatter each time.

So the pattern should be sideways sideways long squeeze short squeeze?

(One fish two fish red fish blue fish?)
marcus_of_augustus
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Eadem mutata resurgo


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January 27, 2015, 02:42:02 AM

Quote
Another thing about the latest research on the 1 percent from Rank and Hirschl: While one in eight Americans might visit the 1 percent for a year, only one in a hundred stay there for a decade or more.

http://www.marketplace.org/topics/wealth-poverty/making-it-1-percent-more-common-you-think
galdur
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January 27, 2015, 02:43:19 AM

Looking good

BlindMayorBitcorn
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January 27, 2015, 02:46:40 AM

Looking good



Man! Honeybadger don't even read the newspaper. And if it did it would be Chinese Grin
billyjoeallen
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January 27, 2015, 02:47:11 AM

How many of you are currently short?

Closed mine sub 260, need some sleep. Hoping it doesnt move too much either way in the next ~10 hours.


Mark my words: shorts are gonna get squeezed within a month. I'm calling a $350 top, but first it's gotta go low enough to get all the bargain hunters on board.

Shorts are already down 7k in 24 hours. We need some sideways and for the amount of shorts to go up before we can really squeeze them.

We'll get plenty of sideways, I think. The Four Punch pattern gets flatter each time.

So the pattern should be sideways sideways long squeeze short squeeze?

(One fish two fish red fish blue fish?)


No, it's crash/bounce, dip, short squeeze and second bounce. We are currently at the dip phase.
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