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

[EuroTrash]

So the question is how many people are gonna wake up and see their limit orders filled and want to cash out vs. how many are gonna turn bullish?

A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.

Dude. "Rich" and "dumb" are enemies. One can be both things only for a short period of time. And this one is surely rich. On whether he is soon to be poor, that has to be proven.
So far all we know is that he had 5.5 million to spend, and he burned 150k in the process.

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[empowering]

I speculated the same thing a few days back

I recall it vividly

And that you were quite tired and emotional by that point in the evening

Yeah I can get like that if I have not had an afternoon nap  

 

Yep that was about it : )

The fast show was great...

[Ivanhoe]

So the question is how many people are gonna wake up and see their limit orders filled and want to cash out vs. how many are gonna turn bullish?

A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.

Indeed, if we look at the charts and events there is enough reason the be bullish now. 530 tested 3 times in the past and did hold. A 10k dump didn't cause a panic in the market and price is almost recovered. NeoBee launched today ( very big news ). China trading 20 dollar higher again with decent volume.

[mmitech]

looking to the MACD (4h chart) for the 3rd time today, the dump that happened before just strengthen the down trend, a fast recovery or shoot up is almost far away (the chart is saying that and not me)  add to that the gox BS happening, and every day this will continue the gap will get bigger and the price will go lower.

my speculation out of this is that we will see a new since the $1163 top, it wont be strange ( in fact it is really possible) if we see a flash crash till 300, we will fast recover to 400 and stay between 400-450  for weeks... the next MACD cross over signal will take few days, and that cross is the one that will bring us back to 400-450 ?!!

Bulls, no need to attack me here, this is just my prediction and it is not a trading advice.

[billyjoeallen]

Never said it did dumb fuck  

You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.

[creekbore]

I speculated the same thing a few days back

I recall it vividly

And that you were quite tired and emotional by that point in the evening

Yeah I can get like that if I have not had an afternoon nap  

 

Yep that was about it : )

The fast show was great...

EDIT: this really needs a Swiss Toni punchline...
"You hodl her, you hodl her until you become obsessed, so obsessed you dump her

....and then you instantly regret it."

[fotosonics]

If we haven't seen over $1k coins by June 1 it will be a pretty big disappointment. Bear market due to FUD is one thing, due to Gox is another. Good news does not seem to affect the price in any positive way, and the NeoBee news is no exception.

[ShroomsKit_Disgrace]

looking to the MACD (4h chart) for the 3rd time today, the dump that happened before just strengthen the down trend, a fast recovery or shoot up is almost far away (the chart is saying that and not me)  add to that the gox BS happening, and every day this will continue the gap will get bigger and the price will go lower.

my speculation out of this is that we will see a new since the $1163 top, it wont be strange ( in fact it is really possible) if we see a flash crash till 300, we will fast recover to 400 and stay between 400-450  for weeks... the next MACD cross over signal will take few days, and that cross is the one that will bring us back to 400-450 ?!!

Bulls, no need to attack me here, this is just my prediction and it is not a trading advice.

I really want to go back this thread and quote your multiples offenses to Rpietila because he was saying something very similar to this you are saying right now. Cheers Bro!!!

[seleme]

Never said it did dumb fuck  

You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.

Of course I do you utter moron, I have no problems calling you dumb fuck or any other name on the world because that's what you are, piece of low life, but I have enough decency to leave your family out of that, I doubt they wanted you to come out as such a piece of shit.

[empowering]

Nap time all around?

[JorgeStolfi]

I would also be sad if I had 5.5 million when I could have had 5.65 million.
This evil world.

The way to grow grand
is not: to demand.
In life's every field
you are what you yield.

  --Piet Hein

[mmitech]

looking to the MACD (4h chart) for the 3rd time today, the dump that happened before just strengthen the down trend, a fast recovery or shoot up is almost far away (the chart is saying that and not me)  add to that the gox BS happening, and every day this will continue the gap will get bigger and the price will go lower.

my speculation out of this is that we will see a new since the $1163 top, it wont be strange ( in fact it is really possible) if we see a flash crash till 300, we will fast recover to 400 and stay between 400-450  for weeks... the next MACD cross over signal will take few days, and that cross is the one that will bring us back to 400-450 ?!!

Bulls, no need to attack me here, this is just my prediction and it is not a trading advice.

I really want to go back this thread and quote your multiples offenses to Rpietila because he was saying something very similar to this you are saying right now. Cheers Bro!!!

I will copy them for you if you want!!? I didn't trash his predictions but I trashed his ego and each time he said you should listen to me because "I am a market mover" and "I am richer" and I smoke fancy expensive cigars... this is what I hated most about him, he had some pretty good calls, also some bad calls but I am a guy with no tolerance to that kind of behavior, instead of bragging about your wealth go help some people in need....

 it is also possible that his ego stepped on my ego, nothing to be ashamed of, I have a really strong ego and for a moment I am aggressive when people step on it but then I sit down and I realize and I know that I did wrong, and I always come back and apologize for my mistakes, I am not ashamed to apologize, although I am ashamed that I cant control my ego sometimes, and I am working on it...

I have no hard feelings for risto anymore, he is the kind that I don't understand but hey, I don't know him personally anyways, nevertheless his technical opinion is valuable to me.

[D05GTO]

MMITech-  Very good post with some valid points.  So much better then BTC GOING DOWN!!  Well duh.. but how and why?

Thank you

[meanig]

If we haven't seen over $1k coins by June 1 it will be a pretty big disappointment. Bear market due to FUD is one thing, due to Gox is another. Good news does not seem to affect the price in any positive way, and the NeoBee news is no exception.

The only good news people are waiting for is gox opening up withdrawals again.

[ShroomsKit_Disgrace]

looking to the MACD (4h chart) for the 3rd time today, the dump that happened before just strengthen the down trend, a fast recovery or shoot up is almost far away (the chart is saying that and not me)  add to that the gox BS happening, and every day this will continue the gap will get bigger and the price will go lower.

my speculation out of this is that we will see a new since the $1163 top, it wont be strange ( in fact it is really possible) if we see a flash crash till 300, we will fast recover to 400 and stay between 400-450  for weeks... the next MACD cross over signal will take few days, and that cross is the one that will bring us back to 400-450 ?!!

Bulls, no need to attack me here, this is just my prediction and it is not a trading advice.

I really want to go back this thread and quote your multiples offenses to Rpietila because he was saying something very similar to this you are saying right now. Cheers Bro!!!

I will copy them for you if you want!!? I didn't trash his predictions but I trashed his ego and each time he said you should listen to me because "I am a market mover" and "I am richer" and I smoke fancy expensive cigars... this is what I hated most about him, he had some pretty good calls, also some bad calls but I am a guy with no tolerance to that kind of behavior, instead of bragging about your wealth go help some people in need....

 it is also possible that his ego stepped on my ego, nothing to be ashamed of, I have a really strong ego and for a moment I am aggressive when people step on it but then I sit down and I realize and I know that I did wrong, and I always come back and apologize for my mistakes, I am not ashamed to apologize, although I am ashamed that I cant control my ego sometimes, and I am working on it...

I have no hard feelings for risto anymore, he is the kind that I don't understand but hey, I don't know him personally anyways, nevertheless his technical opinion is valuable to me.

Fair enough.

But please, you should understand now, if some of the well-known permabulls of the forum begin to insult you (and maybe your family) for your last calls.

Moreover, I have to say that, yeah Risto seems to be an arrogant individual and, yeah I agree with your last call.

[yrtrnc]

No place for emotions when trading BTC.

[Speedie]

No place for emotions when trading BTC.

FIFY.

Btw at the risk of being seen as a permabull when I try not to be a perma-anything, the poster of the 4H chart with MACD might want to zoom out a bit and look at the positive MACD divergence building up over the past 3-4 weeks (same 4H candles). Higher highs and lows on MACD, price not following. Those divergences can resolve into very strong moves.

[MatTheCat]

You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.

You have taken over a 50% haircut on your total worth in the past 2 months u fkn loser, which kind of proves your good fortune has been entirely based on luck.

Why don't u just STFU and finally stop embarrassing yourself?

[ChartBuddy]

Explanation

[billyjoeallen]

Never said it did dumb fuck  

You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.

Of course I do you utter moron, I have no problems calling you dumb fuck or any other name on the world because that's what you are, piece of low life, but I have enough decency to leave your family out of that, I doubt they wanted you to come out as such a piece of shit.

Have enough decency to make an accurate market call, then. Some guy dumps enough BTC to sink the Titanic and it's barely a hiccup on the chart. I was wrong about my $530 bottom call made BEFORE the Xaction malleability hack. I own it. I am not clairvoyant, but considering how much stress this market has taken, it could have been much much worse. It would be a shame if you lost out on cheap coins because you were juuust a tiny bit too greedy.

And if yer gonna try and insult me, at least try to be a little more clever. Have fun with it. I'm a big boy. I can take it.