JimboToronto
Legendary
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Activity: 4452
Merit: 5739
You're never too old to think young.
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November 22, 2016, 08:12:23 PM |
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Poor bearwhale, never forget.
Yes, apparently he was delicious. Fed lots of hungry bulls.  |
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the artful bodger
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November 22, 2016, 08:14:23 PM |
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Poor bearwhale, never forget.
Yes, apparently he was delicious. Fed lots of hungry bulls. If he was smart he could have reloaded at 150. The volume of that dump was so big nobody would have noticed him putting in a massive series of laddered buy orders. |
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Kramerc
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November 22, 2016, 08:15:28 PM |
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Why poor bear whale? He had all the time in the world to buy them back, with a nice interest as well.
I want to be "wowed" by bitcoin. I want to see 10k btc walls, but for this we need higher prices. Bring us higher mr whale!
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 22, 2016, 08:16:16 PM |
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The wall was for exactly 1000 btc. We need higher prices to see more impressive walls.
Sometimes the biggest walls are at lower prices. Remember the epic Bearwhale wall in Oct 2014? That was 30,000 coins at $300 per. That was clearly some kind of soap opera. |
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Temp_JayJuanGee
Newbie
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Activity: 28
Merit: 0
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November 22, 2016, 08:18:52 PM |
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The wall was for exactly 1000 btc. We need higher prices to see more impressive walls.
Personally, I think that higher prices and more spread out exchanges causes smaller walls, ultimately. Recall a few weeks ago, there were fond assertions of walls of the past.. yeah, sure if bitcoins are $10 each and there is only one main exchange, you could have frequently seen walls of 20k coins or 100k coins... If coins are $1k each, then we may not even see too many walls of more than 2k coins (placed by seemingly one person), especially when there seem to be more exchanges competing for those coins (but there are some fake coins in china, no?) |
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JimboToronto
Legendary
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Activity: 4452
Merit: 5739
You're never too old to think young.
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November 22, 2016, 08:26:50 PM |
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The wall was for exactly 1000 btc. We need higher prices to see more impressive walls.
Sometimes the biggest walls are at lower prices. Remember the epic Bearwhale wall in Oct 2014? That was 30,000 coins at $300 per. That was clearly some kind of soap opera. That's why I'm here. Face it. Slow accumulation of a nest egg is pretty boring. The drama of the market swings, especially the obviously manipulated ones, can provide excellent entertainment. |
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Biodom
Legendary
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Activity: 4200
Merit: 5224
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November 22, 2016, 08:27:08 PM
Last edit: November 22, 2016, 08:37:45 PM by Biodom |
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The wall was for exactly 1000 btc. We need higher prices to see more impressive walls.
Sometimes the biggest walls are at lower prices. Remember the epic Bearwhale wall in Oct 2014? That was 30,000 coins at $300 per. OR, it could have been a large bull who simply tested the market's downside. Remember Jesse Livermore? As per "Reminiscences of a Stock Operator" (ageless book). He always put in a large sell order to see how market reacts before starting accumulation on the long side. |
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JimboToronto
Legendary
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Activity: 4452
Merit: 5739
You're never too old to think young.
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November 22, 2016, 09:11:44 PM |
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The wall was for exactly 1000 btc. We need higher prices to see more impressive walls.
Sometimes the biggest walls are at lower prices. Remember the epic Bearwhale wall in Oct 2014? That was 30,000 coins at $300 per. OR, it could have been a large bull who simply tested the market's downside. Remember Jesse Livermore? As per "Reminiscences of a Stock Operator" (ageless book). He always put in a large sell order to see how market reacts before starting accumulation on the long side. Indeed. I never read that book but I've seen that ploy before. In fact I see it all the time. The big difference is that it usually gets pulled after a certain amount of nibbling. Bearwhale stood by and watched it all get eaten. As it is he had ample time later to buy back at a lower price. ______ Funny thing, both Finex and Stamp just dipped but Huobi just keeps soldiering along. They were close to being at par. Now the spread is starting to widen. |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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November 22, 2016, 09:16:09 PM |
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The wall was for exactly 1000 btc. We need higher prices to see more impressive walls.
Sometimes the biggest walls are at lower prices. Remember the epic Bearwhale wall in Oct 2014? That was 30,000 coins at $300 per. OR, it could have been a large bull who simply tested the market's downside. Remember Jesse Livermore? As per "Reminiscences of a Stock Operator" (ageless book). He always put in a large sell order to see how market reacts before starting accumulation on the long side. Indeed. I never read that book but I've seen that ploy before. In fact I see it all the time. The big difference is that it usually gets pulled after a certain amount of nibbling. Bearwhale stood by and watched it all get eaten. As it is he had ample time later to buy back at a lower price. Just look at the price graph while it was going on. It was clearly deliberate. Why, who the fuck knows, but it couldn't have been organic. |
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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November 22, 2016, 09:16:16 PM |
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The wall was for exactly 1000 btc. We need higher prices to see more impressive walls.
Sometimes the biggest walls are at lower prices. Remember the epic Bearwhale wall in Oct 2014? That was 30,000 coins at $300 per. That was clearly some kind of soap opera. That's why I'm here. Face it. Slow accumulation of a nest egg is pretty boring. The drama of the market swings, especially the obviously manipulated ones, can provide excellent entertainment. Exactly this jimbo! |
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Ted E. Bare
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November 22, 2016, 10:56:55 PM |
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Many people trade the 4 hour so bitcoin is likely to go full bull again tomorrow.
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GreekGeek
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November 22, 2016, 10:58:45 PM |
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Hello you guys!!!!
greetings from Greece, it's been a while since my last log in (about 3 weeks)
I was away on vacation but I always looked at this thread (didn't have the passwords with me)
did we leave the correction behind us or are we about to witness a triple top ?
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Killerpotleaf
Sr. Member
Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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November 22, 2016, 11:04:59 PM |
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pop to 900 very soon
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GreekGeek
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November 22, 2016, 11:18:52 PM |
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pop to 900 very soon
that's fine with me  |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 23, 2016, 04:53:29 AM |
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Looks like a rounded top on huobi, heading lower?? (5min chart)
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Killerpotleaf
Sr. Member
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Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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November 23, 2016, 05:50:42 AM |
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Looks like a rounded top on huobi, heading lower?? (5min chart)
dont worry 750 is not sustainable by any means price must rise. i strongly suspect the biggest leg up has yet to be seen. in other news... Mike Maloney needs MORE! https://www.youtube.com/watch?v=lvHLUoi5taU |
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BTC_ISTANBUL
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November 23, 2016, 06:36:22 AM |
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There will be a correction, the price to 713 USD but probably will test 685 USD.The indicators are showing anomaly and in a three day time period the the small wave (trend) will be defined.Still, the main trend is up.
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Temp_JayJuanGee
Newbie
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Activity: 28
Merit: 0
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November 23, 2016, 07:03:23 AM
Last edit: November 23, 2016, 07:38:08 AM by Temp_JayJuanGee |
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There will be a correction, the price to 713 USD but probably will test 685 USD.The indicators are showing anomaly and in a three day time period the the small wave (trend) will be defined.Still, the main trend is up.
Shouldn't we question whenever posters describe the future in absolutes? Sure, it is possible that you could be correct about another downwards correction in the near-term mix, but in the past 7 weeks, we have had several moderate corrections already in our low trade volume rise up from $605. Besides your downward prediction, I think that there are fairly decent chances that BTC prices could either continue to meander upwards into the upper $700s or into the lower to mid $800s before any additional and meaningful correction plays itself out. I do agree with your overall conclusion about overall upward trend.. and I think that we would have to have a meaningful correction at least below $550 and maybe nearly into the $400s before it would be reasonable to call the current trend anything but upwards (since lower to mid-$200s, by the way... hahahahaha) |
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BTC_ISTANBUL
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November 23, 2016, 07:46:12 AM |
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I am not a fortune teller.I am reading the price and volume indicators.BTC must rest at these prices for a while and make correction before continuing the uptrend.And also there will be a sharp movement, this can happen to both sides however the low chance is 63%.This is my systems results.We will see the results in 3 days time.
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Denker
Legendary
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Activity: 1442
Merit: 1016
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November 23, 2016, 08:16:55 AM |
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I am not a fortune teller.I am reading the price and volume indicators.BTC must rest at these prices for a while and make correction before continuing the uptrend.And also there will be a sharp movement, this can happen to both sides however the low chance is 63%.This is my systems results.We will see the results in 3 days time.
Do you noticed the dump we've seen a few days ago? From 750 down to 710! And have you also noticed the quick and strong bounce after that? I'm always amused when someone thinks to know what the market has to do.This is not how it works my friend!Never try to go against the market, you will only get hurt. I see the 700 range as a good solid bottom, and even if we should go lower it won't be for long. |
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