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

[soullyG]

Wow, Lambie's sock puppets out in force today

[MatTheCat]

was it that hard to close your longs when we went parabolic to 500$?


 At least for me it wasn't....

You wouldn't believe the retarded manoeuvres I pulled off during that parabolic rise, with hefty profits being turned to a small loss, courtesy of Krakens magic dissappearing Sell quantity function, when you change from Limit order, by clicking the Market tab....thought I had made a good whack, but I had just Market Sold 0 Bitcoins.....since this was a leveraged postion to compensate for coming out the market way too early, and I feared a brutal correction at any moment, I panic sold my position......this was still in uppr $300s on the way up......

...Having flew into a rage at the fucking Kraken interface, I then decided to keep away from Bitcoin. When I came back, I bought in at $390. I sat looking at $505, remembering the absolute disgust of selling BTC earlier way too early, I decided I was going to hold. Then Bitcoin crashed down to $365, and I bought more again at $390.

So I am sitting bag holding from $390, and despite having been bullish on Bitcoin for months now (and I still am), If I were to cash out now, I will have actaully taken a loss on Bitcoin.

I am a fucking diabolical trader........anyone who remembers me as a Bear from the ATH, all the way down to the bottom, who kept shorting Bitcoin and reporting winning small, but losing big, will tell you I am a fucking awful trader of Bitcoin......

........But I am learning. Once upon a time, I would have sold at $360. I very nearly did, but the a bitter taste of past mistakes came into my mouth, and I closed the browser, and went outside and done a bit of gardening.....you may argue that Bitcoin, went to $550, so I should have sold, but this is bullshit. I wouldn't have bought in then, and I wouldn't have bought in now, as my emotional confirmation bias would have flip flopped....had I sold at $360, I would have no doubt bought back in at $390!

[gizmoh]

was it that hard to close your longs when we went parabolic to 500$?


 At least for me it wasn't....

Asks were empty at 500 , now sellers flock at 350. Greed and Panic..

[paul2000]

It's that time again when you MUST put on ignore EVERY newbie account with activity < 5 without reading the post.

[ynef]

You wouldn't believe the retarded manoeuvres I pulled off during that parabolic rise, with hefty profits being turned to a small loss, courtesy of Krakens magic dissappearing Sell quantity function, when you change from Limit order, by clicking the Market tab....thought I had made a good whack, but I had just Market Sold 0 Bitcoins.....since this was a leveraged postion to compensate for coming out the market way too early, and I feared a brutal correction at any moment, I panic sold my position......this was still in uppr $300s on the way up......

...Having flew into a rage at the fucking Kraken interface, I then decided to keep away from Bitcoin. When I came back, I bought in at $390. I sat looking at $505, remembering the absolute disgust of selling BTC earlier way too early, I decided I was going to hold. Then Bitcoin crashed down to $365, and I bought more again at $390.

So I am sitting bag holding from $390, and despite having been bullish on Bitcoin for months now (and I still am), If I were to cash out now, I will have actaully taken a loss on Bitcoin.

I am a fucking diabolical trader........anyone who remembers me as a Bear from the ATH, all the way down to the bottom, who kept shorting Bitcoin and reporting winning small, but losing big, will tell you I am a fucking awful trader of Bitcoin......

........But I am learning. Once upon a time, I would have sold at $360. I very nearly did, but the a bitter taste of past mistakes came into my mouth, and I closed the browser, and went outside and done a bit of gardening.....you may argue that Bitcoin, went to $550, so I should have sold, but this is bullshit. I wouldn't have bought in then, and I wouldn't have bought in now, as my emotional confirmation bias would have flip flopped....had I sold at $360, I would have no doubt bought back in at $390!

Wow. +1 for being honest with yourself and admitting these things. I think there are a lot of very butthurt people lurking among us who traded like you.

Next time leave your emotions in the garden

[Fatman3001]

.... I think you'll find you've forgot a zero. Shorts are way below longs in USD.

Fuck me! Yer right n all!

Longs are like 5 times larger in volume than shorts!....

but never mind, Stamp Whale has decided to start buying into his own Ask walls now, so here comes the bounce.

No bounce. Christmas is cancelled.

[luigi1111]

I guess I did ok not buying back then...





...or is the bounce imminent?

[makeacake]

No bounce. Christmas is cancelled.

http://s22.postimg.org/xl0rvxpz5/coal.gif

[MatTheCat]

Wow. +1 for being honest with yourself and admitting these things. I think there are a lot of very butthurt people lurking among us who traded like you.

Next time leave your emotions in the garden

There are lots of hapless fucking clowns like me in Bitcoin. Just as whale bot algorithms trade against Joe Blow bot algorithms, whales trade against the direction of the biggest amount of little fish possible, and eat em all up. That is how they make their dough.

[ChartBuddy]

Coin

Explanation

[YourMother]

If this is a Bull Market, and I believe it is....then we are right in accumulation zone right now.

Yes, we are in the accumulation zone right now. The accumulation of FIAT zone.


Wow! Gutted

[ssmc2]

It's that time again when you MUST put on ignore EVERY newbie account with activity < 5 without reading the post.

[MatTheCat]

I guess I did ok not buying back then...





...or is the bounce imminent?

Looking at long term candles, bounces are always accompanied by big fuckgin strong green candles that counter the big strong red candle....

however....looking at the shorter term candles, what you are looking for at a bottom, is basically an exhaustion of selling pressure....less and less willingness to sell at a price point. Less and less volume.

Likewise, I remember looking at $500 Bitcoin for a good a few hours, before the whales had decided that there was no fuel left, and started selling into the FOMO Bid Walls. In that case, it was exhaustion of buying pressure.

[ssmc2]

I guess I did ok not buying back then...





...or is the bounce imminent?

Looking at long term candles, bounces are always accompanied by big fuckgin strong green candles that counter the big strong red candle....

however....looking at the shorter term candles, what you are looking for at a bottom, is basically an exhaustion of selling pressure....less and less willingness to sell at a price point. Less and less volume.

Likewise, I remember looking at $500 Bitcoin for a good a few hours, before the whales had decided that there was no fuel left, and started selling into the FOMO Bid Walls. In that case, it was exhaustion of buying pressure.

Seems like we're almost there

[JimboToronto]

Good morning Bitcoinland.

After 4 days of sideways we finally got a buy-able dip. Seems every time it dipped it was off-hours for me and had rebounded by the time I could get out to make a purchase. Caught this one though and grabbed 4 coins at about $354, my first buy since August.

Of course this purchase raises my average price paid but a dip is a dip and when the price was over $500 accumulation was getting expensive. This is a little better for buying but I wouldn't mind the price going up again.

I see the trollbears and sock puppets are having their predictable little picnic. So pathetic but so amusing.

[marcus_of_augustus]

... and just like that all the mainstream media bitcoin-pump articles stopped, like magic.

Price-perception manipulation, TA analysis tool price-targetting, HFT, leveraged derivatives, say hello to Wall St. guys this is what you asked for.

[peonminer]

... and just like that all the mainstream media bitcoin-pump articles stopped, like magic.

Price-perception manipulation, TA analysis tool price-targetting, HFT, leveraged derivatives, say hello to Wall St. guys this is what you asked for.

We just got pumped and dumped by the creators of pump and dump

[InvestorPerson]

bitstamp goldfish trying hard with puny walls 

[barbs]

I wonder how many people are getting fucked over

[noobtrader]

derp bitcoin drunk again 

quick someone make bitcoin sober again https://www.youtube.com/watch?v=qGyPuey-1Jw