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

[seleme]

Arepo's back with his fancy talk - nowhere to be seen last 2 days after being utterly bullish with his predictions whole week before crash.

How the fuck these guys don't get bored and how they are brave enough to predict anything after being wrong time after time.

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[Jaques]

Let's throw random numbers and see who's gonna be right on monday then?

I'm calling $65, Monday. 8PM UTC.

OK, not actionable advice - just one of many likely instantiated scenarios. Suppose it unfolds sort of like back in August 2011 ...

Stopped by the ask wall at $70 early Monday morning in the USA. Two hour goxlag-blinded drop below $85 to reach the wall and bounce back. Mt. Gox wall-busting volume over 25000 each of those two hours.  Clark Moody ding-ding-O-Meter chatters like a jackhammer with red orders flying past and huge spreads between bid and asked.

big lol

[arepo]

Arepo's back with his fancy talk - nowhere to be seen last 2 days after being utterly bullish with his predictions whole week before crash.

How the fuck these guys don't get bored and how they are brave enough to predict anything after being wrong time after time.

i post my analysis as a free service to the forum. if that service is undesirable to you, feel free to put me on ignore. the sarcastic comments about my 'bravery' are completely unnecessary.

[ChartBuddy]

Chartbuddy recommends the following sites:

https://bitco.in/forum/

https://wiki.bitcoin.com/

[seleme]

Arepo's back with his fancy talk - nowhere to be seen last 2 days after being utterly bullish with his predictions whole week before crash.

How the fuck these guys don't get bored and how they are brave enough to predict anything after being wrong time after time.

i post my analysis as a free service to the forum. if that service is undesirable to you, feel free to put me on ignore. the sarcastic comments about my 'bravery' are completely unnecessary.

And I rate your free service as a free service to forum too. I'm doing it since my first day here whenever someone acts from some point of authority and knowledge and not only with some means-crack-all personal views we all do. Your analysis have zero authority and have been a laughing stock in last 2 weeks since I paid attention on them. Loads of generic and fancy TA talk hat was proved wrong time after time.

If my rating of your free service is undesirable you can ignore me as well. I won't ignore you, stupid thing to do, did it with smoothie b still read his posts, lol.

[ChartBuddy]

[Rampion]

Come on, Arepo's not been so bullish as you say - in fact he predicted "next stop, 90s" just a few days ago

I'm quite bearish, I think more than arepo - but short term he's been pretty accurate and all his analysis are very well reasoned, not like our lizar man friend.

BTW: I was too bearish today - bought in at $86 with bids placed days ago, and as I wrongly predicted on the fly a steeper dip to $70ish I sold at a loss at $80.5 with the hope to buy back at $72

Obviously I was too bearish and I sold at the very bottom burning some precious BTC (I always tell to myself: don't exchange BTC for fiat, but as I want more BTC greeds takes over ) - if I sticked to Arepo's prediction I would be good now

I'm not saying we will not go down in the next days - I feel we will. But short term, selling hard earned BTCs at $80.5 without having the chance to buy back lower feels like shit

[KillaMarci]

Well to be honest, arepo couldn't have predicted the events that unfolded after he made his prediction. BitcoinATM, Silk Road, Mt.Gox lawsuit, all those things had a pretty negative impact on the price I believe.

Let's stop talking about Monday though. What about the weekend? Will the price stay stable in the 90s? Do you guys think I can savely go to bed now and still sell my Bitcoins I acquired @$83 tommorow? I'm feeling very tingly...

[Rampion]

Wall at $90 seems pretty solid, when it was chewed 2 hours and half ago it just resisted - resistance at $80 earlier today was pretty hard too

We may test again $80 soon, but if it's not broken by Wednesday I would take it as a bullish sign

[Rampion]

Well to be honest, arepo couldn't have predicted the events that unfolded after he made his prediction. BitcoinATM, Silk Road, Mt.Gox lawsuit, all those things had a pretty negative impact on the price I believe.

Let's stop talking about Monday though. What about the weekend? Will the price stay stable in the 90s? Do you guys think I can savely go to bed now and still sell my Bitcoins I acquired @$83 tommorow? I'm feeling very tingly...

Keep them man, I sold mine bought at $86 and short term it was a mistake. In my book it's always better to keep the BTC, I trade only to get more BTCs... And when it doesn't works feels very bad

[Rampion]

The ask/sum started going down

[seleme]

Come on, Arepo's not been so bullish as you say - in fact he predicted "next stop, 90s" just a few days ago

I don't mind arepo, he looks like a nice guy so it's absolutely nothing personal (like I have with rpietila), I just think he is overvaluing himself and his chart reading. And posts with some authority tune that I don't find deserved. Anyone who made moves based on his chart reading in last 10 days got burned heavily if didn't react on events.

[Rampion]

Come on, Arepo's not been so bullish as you say - in fact he predicted "next stop, 90s" just a few days ago

I don't mind arepo, he looks like a nice guy so it's absolutely nothing personal (like I have with rpietila), I just think he is overvaluing himself and his chart reading. And posts with some authority tune that I don't find deserved. Anyone who made moves based on his chart reading in last 10 days got burned heavily if didn't react on events.

Frankly, I don't agree. As I said earlier, he said the "next stop, 90s" quite clearly when we where well above $100 (I don't remember if we where already at $115 or still above $120).

[ShroomsKit]

I wish we could go back to discussing charts and stuff.

[Rampion]

I wish we could go back to discussing charts and stuff.

Go ahead, where's the chart?

[arepo]

Come on, Arepo's not been so bullish as you say - in fact he predicted "next stop, 90s" just a few days ago

I don't mind arepo, he looks like a nice guy so it's absolutely nothing personal (like I have with rpietila), I just think he is overvaluing himself and his chart reading. And posts with some authority tune that I don't find deserved. Anyone who made moves based on his chart reading in last 10 days got burned heavily if didn't react on events.

Frankly, I don't agree. As I said earlier, he said the "next stop, 90s" quite clearly when we where well above $100 (I don't remember if we where already at $115 or still above $120).

proof

thanks, i wasn't gonna feed the troll.

edit: also, nobody should by trading by my charts. i am not a financial adviser. i simply wish to share my analysis of the price, and assume that you use it to inform your trading at your own risk.

[keewee]

[Frozenlock]

Wow, the 90k for $90 kinda looks menacing.

[Rampion]

Come on, Arepo's not been so bullish as you say - in fact he predicted "next stop, 90s" just a few days ago

I don't mind arepo, he looks like a nice guy so it's absolutely nothing personal (like I have with rpietila), I just think he is overvaluing himself and his chart reading. And posts with some authority tune that I don't find deserved. Anyone who made moves based on his chart reading in last 10 days got burned heavily if didn't react on events.

Frankly, I don't agree. As I said earlier, he said the "next stop, 90s" quite clearly when we where well above $100 (I don't remember if we where already at $115 or still above $120).

proof

thanks, i wasn't gonna feed the troll.

You said $90 was the bottom - we went down to $80, but still we stabilized at the price you predicted - I call that a pretty accurate prediction.

Of course I acknowledge that ATM you seem bullier than me, and because of that I'm not surprised of reaching $80 (I thought we were going further down, BTW). Nevertheless, I think your work is great because you give us all a well reasoned analysis + your opinion, so of all us con take into account all the circumstances + our feelings and then take our own decision.

[seleme]

Come on, Arepo's not been so bullish as you say - in fact he predicted "next stop, 90s" just a few days ago

I don't mind arepo, he looks like a nice guy so it's absolutely nothing personal (like I have with rpietila), I just think he is overvaluing himself and his chart reading. And posts with some authority tune that I don't find deserved. Anyone who made moves based on his chart reading in last 10 days got burned heavily if didn't react on events.

Frankly, I don't agree. As I said earlier, he said the "next stop, 90s" quite clearly when we where well above $100 (I don't remember if we where already at $115 or still above $120).

I'm watching his posts a bit longer than that, he said that when it was obvious that fail is imminent after first big sell offs, I don't need charts analysis to figure that out. He was far contrary to that hours before the sell off, then talked about 120-160 range (really?) until he became bearish when anyone with half brain could see bearish time is coming.

He definitely knows more TA phrases than I am, he knows to read them better than I do but TA means crap all in bitcoin short trading (and he is trying exactly that - to predict short term moves) so he fails as miserably as any of us who don't spend hours studying fibonaccis and other ta bull  

The single guy I take remarks from TA gang is lucif. He is also not accurate in short term stuff but he is usually not trying to do that, he gives more general predictions and is on spot most of time while not trying to please the masses and give them what they want to hear.