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

[barbs]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

I really don't want to have to strap on my moon suit but i usually trade against whatever sentiment is in this thread.

Now i'll have to buy!

[billyjoeallen]

The way to build bitcoin is to work together and to propose various solutions and to attempt to convince in constructive rather than destructive manners....
 

We tried that. Gavin's been trying that for years.  Time to bring out the big guns. I'm sick of arguing with stupid people. I'm just going to take your money and hope you learn the hard way.

[mOgliE]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

I really don't want to have to strap on my moon suit but i usually trade against whatever sentiment is in this thread.

Now i'll have to buy!

I agree with you. There is no reason anyone here says the truth. If they want to buy they have to make us sell. If they want to sell they have to make us buy. Most of the time the trend is more or less the opposite of here! 

[billyjoeallen]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

I really don't want to have to strap on my moon suit but i usually trade against whatever sentiment is in this thread.

Now i'll have to buy!

You're welcome to borrow my fiat to buy on margin. I think there's still a little left at ~40% APR.

suckers.

[mOgliE]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

I really don't want to have to strap on my moon suit but i usually trade against whatever sentiment is in this thread.

Now i'll have to buy!

You're welcome to borrow my fiat to buy on margin. I think there's still a little left at ~40% APR.

suckers.

What's the point of the insult? Bitch.

[ChartBuddy]

Coin



Explanation

[Elwar]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

I really don't want to have to strap on my moon suit but i usually trade against whatever sentiment is in this thread.

Now i'll have to buy!

Not really enough panic to buy yet. Just the whining stage.

[billyjoeallen]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

I really don't want to have to strap on my moon suit but i usually trade against whatever sentiment is in this thread.

Now i'll have to buy!

You're welcome to borrow my fiat to buy on margin. I think there's still a little left at ~40% APR.

suckers.

What's the point of the insult? Bitch.

Do I have to fucking spell it out? I'll try to use small words so you morons can understand. I make money no matter which way the market goes because there is ~$25 Million in margin longs on BFX all the time. That jacks the dollar funding rate to 5-10X the BTC lending rate.

The only risk I have to worry about is BFX disappearing with all my money, and traders have that same risk in addition to exchange rate going against them.

It's not a generic insult. It's a specific insult to people who don't know how to trade but worse than that think there isn't anything to know that they don't already know. I can deal with stupid peoiple. I do it all the time every day. What is most unpleasant to deal with is stupid people who don't know they're stupid. Those are the people I really enjoy watching suffer.

It wasn't an accident that I got in in 2011 and you didn't. I'm smarter than you. If you don't agree, keep pumping and prove me wrong. If you can.

[a7mos]

 400 sounds to be the new resistance point in the bitcoin chart now, and breaking it now is difficult as the Chinese holidays is coming and the market will be very calm like the Xmas days

[Fatman3001]

So kiddies, let's review:

What are the elements of a four punch raid?

Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check

so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.

I really don't want to have to strap on my moon suit but i usually trade against whatever sentiment is in this thread.

Now i'll have to buy!

You're welcome to borrow my fiat to buy on margin. I think there's still a little left at ~40% APR.

suckers.

What's the point of the insult? Bitch.

Do I have to fucking spell it out? I'll try to use small words so you morons can understand. I make money no matter which way the market goes because there is ~$25 Million in margin longs on BFX all the time. That jacks the dollar funding rate to 5-10X the BTC lending rate.

The only risk I have to worry about is BFX disappearing with all my money, and traders have that same risk in addition to exchange rate going against them.

It's not a generic insult. It's a specific insult to people who don't know how to trade but worse than that think there isn't anything to know that they don't already know. I can deal with stupid peoiple. I do it all the time every day. What is most unpleasant to deal with is stupid people who don't know they're stupid. Those are the people I really enjoy watching suffer.

It wasn't an accident that I got in in 2011 and you didn't. I'm smarter than you. If you don't agree, keep pumping and prove me wrong. If you can.

[Cconvert2G36]

I'm smarter than you. If you don't agree, keep pumping and prove me wrong. If you can.

Yeap, that cold storage bag gettin' him a little agitated. 

[Karartma1]

Nerves going on in here. I came to remind all of you why you are here. 

[billyjoeallen]

I'm smarter than you. If you don't agree, keep pumping and prove me wrong. If you can.

Yeap, that cold storage bag gettin' him a little agitated. 

You mean the cold storage I bought @ $10? Yeah, I'm really agitated it's currently worth 3600% more than I paid for it. 

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

[cbeast]

I'm smarter than you. If you don't agree, keep pumping and prove me wrong. If you can.

Yeap, that cold storage bag gettin' him a little agitated. 

You mean the cold storage I bought @ $10? Yeah, I'm really agitated it's currently worth 3600% more than I paid for it. 

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

Bitcoin will scale. If everyone else gives up on it and the price drops, I will learn how to program and take over as Chief Scientist and raise it from the dead. But I'm betting others will do that before me.

[Lutzow]

There's no reason for bitcoin to raise its price with so many months before the halving. The price could go lower unless there'll be a rally from the whales.

[billyjoeallen]

So who bought the $375 dip? anyone? Somebody did or we wouldn't be going back up. Ok, I admit it was me, but I am not going to hold those coins for more than a $20 bounce and probably not that long. This is a fucking downward ratchet, folks.

[Cconvert2G36]

You mean the cold storage I bought @ $10? Yeah, I'm really agitated it's currently worth 3600% more than I paid for it.  

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

Opportunity cost... the frustration is not alien to me, friend.

Edit: Your southern charm's a bit much. 

[billyjoeallen]

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

Bitcoin will scale. If everyone else gives up on it and the price drops, I will learn how to program and take over as Chief Scientist and raise it from the dead. But I'm betting others will do that before me.

Fine. When it scales, I'm back in. It's not the code. Gavin and Mike already fixed it, but the damn miners won't run it.  That's why we have to crash the market. If the Chinks can't understand Engrish, let's see how they grok poverty.

[billyjoeallen]

You mean the cold storage I bought @ $10? Yeah, I'm really agitated it's currently worth 3600% more than I paid for it.  

I don't care if I'm the bad guy. Somebody has to be or the story is really boring. If it doesn't scale, my coins are for sale (at the right price, of course).

Opportunity cost... the frustration is not alien to me, friend.

My little problems are nothing in the grand scheme of things. The real opportunity cost is that we could have disrupted money. MONEY. We could have taken it away from the banksters and given it to the people, but a few elitist fucktards thought that a settlement network would be better. They think the problem isn't the middle men, but that they weren't the middlemen.   oh, yeah. The hate is flowing through me.

[ChartBuddy]

Coin



Explanation