T.Stuart
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December 30, 2013, 07:41:03 PM |
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But the holidays don't negate market sentiment and proximity to the recent hype cycle, IMO.
Recent? Don't know if you noticed but it's ongoing!
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windjc
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December 30, 2013, 07:47:37 PM |
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Come on guys. All this nonsense talk about low volume. And no one mentions that its the holidays. This was destined to be a low volume time. If the volume is still this low in 2 weeks then you have a right to doubt the directional trend, but for now two truths are evident that are being rather ignored - one, its the holidays and two, we are going more sideways than up. So, low volume consolidation during the holidays. Why are so many people acting shocked and amazed by this?
I don't think anyone is shocked and amazed. But the holidays don't negate market sentiment and proximity to the recent hype cycle, IMO. Not sideways. This is the period in question, I think: Like I said earlier, might be some upside left here. But I don't think we are going to the moon in the next couple weeks. The point is - until we get out of the holidays we don't know where the market is going. You can't judge by the last week or so or the next week or so. However, it is entirely possible that in a couple of weeks volume increases dramatically and we continue up. Then the bears are going to be in a world of hurt. However, we might sell off too, especially if new fiat doesn't come into the market. The reason the market looks weak is that the only people buying and selling are traders. So as we reposition our money the market moves back and forth. Currently there are more bets long than short, hence the small rise this last week shown in your chart.
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Voodah
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December 30, 2013, 07:47:55 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world.
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arorts
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December 30, 2013, 07:49:33 PM |
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Nice, how did you create this cool chart?
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windjc
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December 30, 2013, 07:50:07 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. If manipulation is so obvious to you then you should be trading with it for profit. It makes me doubt manipulation when someone is complaining about it. If you see it, and see its effects, then you should be able to make easy money with it. Discuss.
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adamstgBit
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Trusted Bitcoiner
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December 30, 2013, 07:53:33 PM |
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my bee brothers order come in just now
Much honey Very gift Such Delicious
Buy all the bitcoins, and live off honey and caramels!
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Voodah
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December 30, 2013, 07:55:06 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. If manipulation is so obvious to you then you should be trading with it for profit. It makes me doubt manipulation when someone is complaining about it. If you see it, and see its effects, then you should be able to make easy money with it. Discuss. Completely wrong and uber simplistic fallacy... Recognizing something is not the same as identifying its purpose. What you say would be true only in an ideal scenario where I had all the information, and new how exactly it is being done and for what precise purpose.
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T.Stuart
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December 30, 2013, 07:55:51 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. Not saying at all that it doesn't exist, just that a lot of people seem to shout "manipulation" when frustrated the price isn't going their way! I think I even did it myself once. Let's face it as well, things are getting so complicated it's also getting harder to point out every case of manipulation now. Sometimes its the bots, sometimes its noobs, etc.
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Voodah
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December 30, 2013, 07:58:36 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. Not saying at all that it doesn't exist, just that a lot of people seem to shout "manipulation" when frustrated the price isn't going their way! I think I even did it myself once. Let's face it as well, things are getting so complicated it's also getting harder to point out every case of manipulation now. Sometimes its the bots, sometimes its noobs, etc. Oh so now you think "noobs" are the ones using 300-2000 btc walls to lift the prices?? I wish I was a noob.
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T.Stuart
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December 30, 2013, 07:59:44 PM |
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I wish I was a noob.
It's not that great I can tell you.
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windjc
Legendary
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Activity: 2156
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December 30, 2013, 08:00:12 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. If manipulation is so obvious to you then you should be trading with it for profit. It makes me doubt manipulation when someone is complaining about it. If you see it, and see its effects, then you should be able to make easy money with it. Discuss. Completely wrong and uber simplistic fallacy... Recognizing something is not the same as identifying its purpose. What you say would be true only in an ideal scenario where I had all the information, and new how exactly it is being done and for what precise purpose. Hold on. So you know it exists. You see its effects and thus can extrapolate its patterns, yet you don't have enough information to act? Suspicious. Explain to us some of this manipulation. Post charts of when and where it happened. Then I will help you determine why it is happening and then you should be able to get ahead of the manipulation for a profit. This isn't rocket science. If you have enough information to know that it exists and how, then you have enough info to profit.
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ChartBuddy
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Activity: 2324
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2013, 08:02:32 PM |
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niothor
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December 30, 2013, 08:05:03 PM |
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my bee brothers order come in just now
Much honey Very gift Such Delicious
Buy all the bitcoins, and live off honey and caramels!
Don't tell me you increased your portfolio again ... and if you did , please tell me it's not ...D...
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TERA
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December 30, 2013, 08:16:21 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. lol such a butthurt bear I think some of the bulls are being a bit overconfident and arrogant considering they were just rescued by some shady new Chinese exchange sidestepping government laws and the near term price is in the hands of huobi.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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December 30, 2013, 08:20:26 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. lol such a butthurt bear I think some of the bulls are being a bit overconfident and arrogant considering they were just rescued by some shady new Chinese exchange sidestepping government laws and the near term price is entirely in the hands of huobi. Lol. I am 100% BTC. And I don't even know what houbi is. I don't think most other traders or investers do either. Most of the "longs" are simply bullish on 2014 and are positioned as so. I know all the "Bears" swear we have to retest lows, suffer for a while, wallow in pain, etc. etc. etc. And that may be true. But the sentiment today is not about some houbi exchange. Its about the fact that traders like you watch it, respond to it and thus give the perception that it matters. What matters is ONE THING. Fresh fiat. And thus the question is, how much fresh fiat is coming into the market in the next 90 days? That is what you should be hedging your positions on. Because THAT has the potential to outway anything the Chinese government does.
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Voodah
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December 30, 2013, 08:20:35 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. If manipulation is so obvious to you then you should be trading with it for profit. It makes me doubt manipulation when someone is complaining about it. If you see it, and see its effects, then you should be able to make easy money with it. Discuss. Completely wrong and uber simplistic fallacy... Recognizing something is not the same as identifying its purpose. What you say would be true only in an ideal scenario where I had all the information, and new how exactly it is being done and for what precise purpose. Hold on. So you know it exists. You see its effects and thus can extrapolate its patterns, yet you don't have enough information to act? Suspicious. Explain to us some of this manipulation. Post charts of when and where it happened. Then I will help you determine why it is happening and then you should be able to get ahead of the manipulation for a profit. This isn't rocket science. If you have enough information to know that it exists and how, then you have enough info to profit. I love it how you just disregard everything and oversimplify things. I'll say it again in case you haven't read it: Recognizing something is not the same as identifying its purpose.Which means NO, I don't see its effects and can automatically extrapolate all the information needed. No one can. What makes you the oracle?? "Then I will help you determine why".. Really??? Where do you get off?? Who made you trader of the century? "This isn't rocket science." so you must be a multi-millionaire right? right?? I encourage you to use you're amazing foresight skills in other fields: see Cancer, extrapolate, Cancer defeated, profit. See quantum forces, extrapolate, time travel achieved, profit. I read all of your posts and enjoy them, but this "know it all, EZ mode" attitude I cannot understand. I know you're a intelligent person. Just answer me this with your most honest point of view: is there manipulation in Bitcoin markets? a) Yes b) No Because that is what it boils down. I don't truly believe you, an intelligent person from what I've seen in your posts, thinks there is NO (and it means NO, not a single shred) manipulation. EDIT: And also, do not forget what the meaning of manipulation is: to make you SEE something, and extrapolate the WRONG conclusions. Don't presume to know which the right ones are.
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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December 30, 2013, 08:22:18 PM |
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Amazing to read all the "IT's MANIPULATION!" posts. Where's that meme of the kid screaming when you need it?
Amazing to see so many naive people (probably young) who think market manipulation does not exist. Manipulators have existed since the creation of markets, in all markets. You're being too idealistic. Wake up. You don't live in a happy altruistic candy world. If manipulation is so obvious to you then you should be trading with it for profit. It makes me doubt manipulation when someone is complaining about it. If you see it, and see its effects, then you should be able to make easy money with it. Discuss. Completely wrong and uber simplistic fallacy... Recognizing something is not the same as identifying its purpose. What you say would be true only in an ideal scenario where I had all the information, and new how exactly it is being done and for what precise purpose. Hold on. So you know it exists. You see its effects and thus can extrapolate its patterns, yet you don't have enough information to act? Suspicious. Explain to us some of this manipulation. Post charts of when and where it happened. Then I will help you determine why it is happening and then you should be able to get ahead of the manipulation for a profit. This isn't rocket science. If you have enough information to know that it exists and how, then you have enough info to profit. I love it how you just disregard everything and oversimplify things. I'll say it again in case you haven't read it: Recognizing something is not the same as identifying its purpose.Which means NO, I don't see its effects and can automatically extrapolate all the information needed. No one can. What makes you the oracle?? "Then I will help you determine why".. Really??? Where do you get off?? Who made you trader of the century? "This isn't rocket science." so you must be a multi-millionaire right? right?? I encourage you to use you're amazing foresight skills in other fields: see Cancer, extrapolate, Cancer defeated, profit. See quantum forces, extrapolate, time travel achieved, profit. I read all of your posts and enjoy them, but this "know it all, EZ mode" attitude I cannot understand. I know you're a intelligent person. Just answer me this with your most honest point of view: is there manipulation in Bitcoin markets? a) Yes b) No Because that is what it boils down. I don't truly believe you, an intelligent person from what I've seen in your posts, thinks there is NO (and it means NO, not a single shred) manipulation. Lol. So this secret manipulation, it always works against you?
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TERA
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December 30, 2013, 08:26:12 PM |
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I can see why some people are still so bullish now. They see action but don't know what huobi is and they think all this is happening naturally.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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December 30, 2013, 08:30:08 PM |
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I can see why some people are still so bullish now. They see action but don't know what huobi is and they think all this is happening naturally.
Interesting analysis. I can see why some people are so bearish now. They can look into the future and disregard new investors in bitcoin as a potential factor in price. They think houbi is the one to rule us all.
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