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Torque
Legendary
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Activity: 3682
Merit: 5233
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TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders en masse at this point.
It seems nothing has really changed from when I posted this. Until other whale traders come in to play, this single entity is just going to keep splashing around and barting between $11K-12K.
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 01:34:16 PM Merited by JayJuanGee (1) |
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You don’t just light the fuse and then stamp on it. And you don’t turn your back on your country in its darkest hour. Hope you had fun with your free subscription ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Phil_S
Legendary
Offline
Activity: 2104
Merit: 1521
We choose to go to the moon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 01:34:31 PM |
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NASDAQ over 12,000
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philipma1957
Legendary
Offline
Activity: 4242
Merit: 8494
'The right to privacy matters'
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 01:46:40 PM |
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TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders en masse at this point.
It seems nothing has really changed from when I posted this. Until other whale traders come in to play, this single entity is just going to keep splashing around and barting between $11K-12K. This works for me as eth is whaling I mine eth at nicehash and auto vert it to btc. So I am getting BTC cheap with a shit coin that I actually never dirty my hands with. I was earn $25 in btc every day I am now earning $100 in btc every day.
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 01:59:36 PM Merited by gentlemand (1) |
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way to go yogi...ruin all our fun..freakin bears i shall don the cone of shame ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOohpLj9.jpg%3F1&t=665&c=FmOsCjYyWtbpOQ)
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goldkingcoiner
Legendary
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Activity: 2170
Merit: 1927
Verified Bitcoin Hodler
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 02:43:21 PM |
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way to go yogi...ruin all our fun..freakin bears i shall don the cone of shame ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOohpLj9.jpg%3F1&t=665&c=FmOsCjYyWtbpOQ) I am stealing this pic.
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JSRAW
Legendary
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Activity: 2282
Merit: 1543
Up to 300% + 200 FS deposit bonuses
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 02:48:41 PM |
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Yogis invented Weed
-1 Toxic
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Lambie Slayer
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 02:49:22 PM Merited by fillippone (1) |
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So this dip was just people subscribing to pornhub and pornhub turned the coins to dollars. Nbd, when they finish watching porn they will replenish their Bitcoin supplies at a higher price and learn a good lesson. 15k soon.
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Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 02:53:45 PM |
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the morning rekted report ... #dyor 4h ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0E7c37t.jpg&t=665&c=5APtOXXbp90EYg) D ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fs980LGK.jpg&t=665&c=GYqqIrFdGbWUrw) #stronghands
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 02:54:56 PM |
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Looks like we are gonna make another attack on the 11150 area... *sigh*
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TitanGEL
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 03:04:43 PM |
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Holy moly *face palm. I recently viewed the chart of the bitcoin and things are not looking good. The bad thing is not only the bitcoin that have bad move because even the whole cryptocurrency market hare also affected wherein a lot of altcoins also go down. The current support have been broken where in the previous support can become resistance or what they call role reversal. I think the price may go deeper at $10,600 because it is the current support level. The RSI is not always looking good wherein it is now creating lower lows and lower highs. If there will be another breakdown then expect that the uptrend already snaps wherein we will welcome bearish market.
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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By the way... I think Greg Maxwell did a better job summing up my feelings on the whole "maximallists" shilling INX thing here: https://bitcointalk.org/index.php?topic=5271424.msg55090841#msg55090841Such a good job I did a giant merit blast at him. I find it one of the most depressing things in the bitcoin world all year. Perhaps I put more trust in the "thought leaders" and personalities than I knew. In my opinion Blockstream has taken a good size dent from this whole thing with the positions that it's leaders have taken. I cannot help but wonder if Pieter Wuille leaving for Chaincode Labs had any basis in this sort of crap. And I am not even a maximallist. I am just anti shenanigans. And that's what this garbage is in my humble opinion.
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 03:08:35 PM |
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On the 1h timeframe we are flirting with it again... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fa65iFhs.png&t=665&c=-jrZjcj9ewox4Q) Part of me likes that we are having some difficulty... rockets aren't lit yet.
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Vectra
Jr. Member
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Activity: 345
Merit: 4
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 03:22:50 PM |
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I don't know how some people expected this to go to the moon without really retesting the previous huge resistance. For full year, we were trying to break 10500 and now we should go to ATH or 16k without retesting it but for 10 minutes in that flash crash from the first time we went to 12k.
No chance, zero logic in that. That level needs to be properly tested for bull run to continue.
What I fucking hate is that this is lowering my chances to accumulate bitcoins trading alts as they shit themselves as soon as bitcoin farts.
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bitcoinPsycho
Legendary
Offline
Activity: 2604
Merit: 2349
$120000 in 2024 Confirmed
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 03:23:40 PM |
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Cant we just pretend its going up ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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BobLawblaw
Legendary
Offline
Activity: 1859
Merit: 5660
Neighborhood Shenanigans Dispenser
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 03:24:59 PM |
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Holy moly *face palm. I recently viewed the chart of the bitcoin and things are not looking good.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F856qpui.gif&t=665&c=RZh8h8R04xVOIw)
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xhomerx10
Legendary
Offline
Activity: 3962
Merit: 8586
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Holy moly *face palm. I recently viewed the chart of the bitcoin and things are not looking good. The bad thing is not only the bitcoin that have bad move because even the whole cryptocurrency market hare also affected wherein a lot of altcoins also go down. The current support have been broken where in the previous support can become resistance or what they call role reversal. I think the price may go deeper at $10,600 because it is the current support level. The RSI is not always looking good wherein it is now creating lower lows and lower highs. If there will be another breakdown then expect that the uptrend already snaps wherein we will welcome bearish market.
We don't care about shitcoins taking a bath; only bitcoin matters here. Also, nobody in this thread will ever welcome a bearish market; those members have left the building. That being said, *facepalms are permitted. I don't know how some people expected this to go to the moon without really retesting the previous huge resistance. For full year, we were trying to break 10500 and now we should go to ATH or 16k without retesting it but for 10 minutes in that flash crash from the first time we went to 12k.
No chance, zero logic in that. That level needs to be properly tested for bull run to continue.
What I fucking hate is that this is lowering my chances to accumulate bitcoins trading alts as they shit themselves as soon as bitcoin farts.
Are you two related?
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soullyG
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 03:41:34 PM |
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Holy moly *face palm. Literally my reaction when reading this post
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serveria.com
Legendary
Offline
Activity: 2352
Merit: 1189
Privacy Servers. Since 2009.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 02, 2020, 03:51:22 PM |
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Holy moly *face palm. I recently viewed the chart of the bitcoin and things are not looking good. The bad thing is not only the bitcoin that have bad move because even the whole cryptocurrency market hare also affected wherein a lot of altcoins also go down. The current support have been broken where in the previous support can become resistance or what they call role reversal. I think the price may go deeper at $10,600 because it is the current support level. The RSI is not always looking good wherein it is now creating lower lows and lower highs. If there will be another breakdown then expect that the uptrend already snaps wherein we will welcome bearish market.
Holy shit.... facepalm emoji is badly needed... poor guy has no idea what he's talking about... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I smell mindrusting here
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