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

[chessnut]

When you are holding 5000+ BTC, and you want to get rid of them, then you won't dump them together. You dump some, then wait for the desperate fellows to build support "because it's only going to rise now!" and then you dump some more. It's more profitable this way.
It's funny and sad to see, how this has been going on for months now, and the desperate fellows are even wiring in more fiat, so that rich fellows could sell with better profits and move on to better investments

and what do you do when you want to buy a whole bunch of bitcoin?

you engineer FUD, and then you set large buy orders ready to intercept noobs who panic sell all their coins. then you release the news, and everyone GIVES them to you, out of desperation.

day before yesterday, a giant whale was exposed accumulating large sums of bitcoin, when the worst news possible was released and the market rallied afterwards.

[Mervyn_Pumpkinhead]

Who is your boss Mervin? why did he send you here? how many bitcoins is he trying to buy?

The Illuminati sent me here in collaboration with the grey alien banksters. They are trying to buy ALL of the Bitcoins, because they just love high risk, low reward investments

When you are holding 5000+ BTC, and you want to get rid of them, then you won't dump them together. You dump some, then wait for the desperate fellows to build support "because it's only going to rise now!" and then you dump some more. It's more profitable this way.
It's funny and sad to see, how this has been going on for months now, and the desperate fellows are even wiring in more fiat, so that rich fellows could sell with better profits and move on to better investments

You're not that bright, are u?

Yes, everyone who doesn't believe another one of those "This is the bottom, now it will go up! Doesn't matter that there is no reason for it to do so! It will just go up! It will! It will!", aren't just very bright. Bright people tend to do the same mistake for months, while not realizing the ineffectiveness of their method. You seem like a very bright fellow, I bet that you are considered as an scholar among your peers

[podyx]

Yes, everyone who doesn't believe another one of those "This is the bottom, now it will go up! Doesn't matter that there is no reason for it to do so! It will just go up! It will! It will!", aren't just very bright. Bright people tend to do the same mistake for months, while not realizing the ineffectiveness of their method. You seem like a very bright fellow, I bet that you are considered as an scholar among your peers

[Aki4real]

Who is your boss Mervin? why did he send you here? how many bitcoins is he trying to buy?

The Illuminati sent me here in collaboration with the grey alien banksters. They are trying to buy ALL of the Bitcoins, because they just love high risk, low reward investments

When you are holding 5000+ BTC, and you want to get rid of them, then you won't dump them together. You dump some, then wait for the desperate fellows to build support "because it's only going to rise now!" and then you dump some more. It's more profitable this way.
It's funny and sad to see, how this has been going on for months now, and the desperate fellows are even wiring in more fiat, so that rich fellows could sell with better profits and move on to better investments

You're not that bright, are u?

Yes, everyone who doesn't believe another one of those "This is the bottom, now it will go up! Doesn't matter that there is no reason for it to do so! It will just go up! It will! It will!", aren't just very bright. Bright people tend to do the same mistake for months, while not realizing the ineffectiveness of their method. You seem like a very bright fellow, I bet that you are considered as an scholar among your peers

If you really believe your own story, why don't you short BTC with a CFD? (If you're not, you are idd not that bright)
Oh right... you're already doing that.. (wow you're so smart?)

Thanks for stopping by though.. Maybe you have 0.01% less loss because someone actually believed what u said.

Good luck with trading!

[JorgeStolfi]

"closed" in this context means no more investors will be accepted.

Thanks! By the way, when did OKCoin and Huobi start operating? In bitcoinwisdom's charts, Huobi starts 01/Sep/2013, OKCoin on 12/Jun/2013 --- is that it?

[chessnut]

I like this troll! he puts a  at the end of every sentence.

hard to find trolls so polite and patient these days.

[NotoriousBIT]

Weak rise.

Any chance it comes back to to 450 or are we set to hover 490-510?

[chessnut]

Weak rise.

Any chance it comes back to to 450 or are we set to hover 490-510?

Look to huobi, that is the market leader.

Huobi is showing a lot of strength. I expect 540 in 12 hours.

[Mervyn_Pumpkinhead]

When you are holding 5000+ BTC, and you want to get rid of them, then you won't dump them together. You dump some, then wait for the desperate fellows to build support "because it's only going to rise now!" and then you dump some more. It's more profitable this way.
It's funny and sad to see, how this has been going on for months now, and the desperate fellows are even wiring in more fiat, so that rich fellows could sell with better profits and move on to better investments

and what do you do when you want to buy a whole bunch of bitcoin?

you engineer FUD, and then you set large buy orders ready to intercept noobs who panic sell all their coins. then you release the news, and everyone GIVES them to you, out of desperation.

day before yesterday, a giant whale was exposed accumulating large sums of bitcoin, when the worst news possible was released and the market rallied afterwards.

The fall of MtGox was just engineered FUD, so that someone could buy cheap? I never thought of that.
I have only one question for that, were the engineers The Illuminati, who were helped by the grey alien banksters?

If you really believe your own story, why don't you short BTC with a CFD? (If you're not, you are idd not that bright)
Oh right... you're already doing that.. (wow you're so smart?)

Thanks for stopping by though.. Maybe you have 0.01% less loss because someone actually believed what u said.

Good luck with trading!

I shorted several months ago, with the price being higher then 2x Now I am just bored to see this ugly slow downfall, and waiting to see if it will eventually come to an bottom that you could actually trust (the current one certainly isn't it lol). Then maybe I'll jump back on board. And when I'll do it, then it'll probably be an alt, not BTC, because their rises are more profitable, even if their rises are tied to BTC.
It's funny how the Cult started to attack me right away If I wanted to sell BTC to an investors, then I would hope that he hasn't heard about this place. Because by reading the majority of the posts in the speculation forum, makes BTC users seem like mindless lunatics

[dreamspark]

Lots of noobs posting nonsense...

At least give a real reason as to why you think that someone is dumping 5000BTC into the market?

[tarmi]

I shorted several months ago, with the price being higher then 2x

 

love this guy.

[chessnut]

The fall of MtGox was just engineered FUD, so that someone could buy cheap? I never thought of that.
I have only one question for that, were the engineers The Illuminati, who were helped by the grey alien banksters?

no no the beauty of it is that you dont even need to organise it. but you can if you want.

all you need to do is draw media attention to FUD when everyone is long and convinced the price is going to rise.

for example, china bans third parties/banks from managing yuan on bitcoin exchanges.

the next day headlines in the paper - "China Bans Bitcoin!!!"

But thats total BS isnt it?

[Aki4real]

If you really believe your own story, why don't you short BTC with a CFD? (If you're not, you are idd not that bright)
Oh right... you're already doing that.. (wow you're so smart?)

Thanks for stopping by though.. Maybe you have 0.01% less loss because someone actually believed what u said.

Good luck with trading!

I shorted several months ago, with the price being higher then 2x Now I am just bored to see this ugly slow downfall, and waiting to see if it will eventually come to an bottom that you could actually trust (the current one certainly isn't it lol). Then maybe I'll jump back on board. And when I'll do it, then it'll probably be an alt, not BTC, because their rises are more profitable, even if their rises are tied to BTC.
It's funny how the Cult started to attack me right away If I wanted to sell BTC to an investors, then I would hope that he hasn't heard about this place. Because by reading the majority of the posts in the speculation forum, makes BTC users seem like mindless lunatics

Well everyone is entitled to their own opinion.
If you have already shorted and looking for a "real" bottom, why do you share your opinion. To get to that bottom "quicker"?

Here is what bugs me, if you really already made some money of BTC's drop and you're just waiting for a new opportunity to jump in, you would not spread "FUD" around this forum.
Only if you think that real bottom will not come by itself, (thus an opportunity for you to jump in again), and you have to try and influence others by discouraging them to be bullish on BTC.

I have a small amount of BTC with average buying price of 480, I won't budge if we see 400/375 because that were previous supports, but in this ever changing climate my opinion is we have a better support now.
Partially due to all the bad news that is already priced in this price.

Again, good luck.. but I do question your motives.. as would any "rational"  thinking person do with your "newbie" status and content of your posts.

[tarmi]

Well everyone is entitled to their own opinion.
If you have already shorted and looking for a "real" bottom, why do you share your opinion. To get to that bottom "quicker"?

you are in speculation thread. that is the only place on earth where trolls are getting paid. you cant really find an opinion here.

but, you have to understand that this is a two-way street: posting trains, choo-choos™, da moons™ and charts that are about to break upwards must be considered as trolling too.

[Mervyn_Pumpkinhead]

The fall of MtGox was just engineered FUD, so that someone could buy cheap? I never thought of that.
I have only one question for that, were the engineers The Illuminati, who were helped by the grey alien banksters?

no no the beauty of it is that you dont even need to organise it. but you can if you want.

all you need to do is draw media attention to FUD when everyone is long and convinced the price is going to rise.

for example, china bans third parties/banks from managing yuan on bitcoin exchanges.

the next day headlines in the paper - "China Bans Bitcoin!!!"

But thats total BS isnt it?

I agree, that the recent "China bans Bitcoin" news, wasn't very important to me either. But only because the China situation got clear already during the middle of December, where People's Bank of China declared that they don't want to see any business activity with Bitcoin. The bitcoin business that is currently going on in China, is happening on borrowed time, that was gained by slow bureaucracy and exploiting loopholes. It can be easily predicted that this party won't last forever.
And I also understand PBoC stance on being pessimistic about bitcoin.
There are more then a half Bitcoins mined, with most mined and owned by westerners. By letting the Chinese people buy Bitcoins, means that they'll let the Chinese channel their money into westerners pockets. And because China isn't known for their warm love towards the west, it's only a logical choice for them to break these channels.

Before MtGox, there was a possibility that buying could be stimulated enough in the west, to compensate the falling markets in China. But after MtGox, the general publics interest is so low, that even when about 2k coins have been bought over several hours, then people start calling it a "bullrun" That's desperation..

[chessnut]

Mervyn, I just reversed my leveraged long positon, and shorted my whole capital on leverage.

you have shown me the light.

[bangersdad]

Mervyn, I just reversed my leveraged long positon, and shorted my whole capital on leverage.

you have shown me the light.

thats the most sensible thing you have said in days.

[chessnut]

Mervyn, I just reversed my leveraged long positon, and shorted my whole capital on leverage.

you have shown me the light.

thats the most sensible thing you have said in days.

 

not sure if ur joking or what but still funny either way.

[dreamspark]

Back again with super low volumes. When will we see this increase ? Just seems so easy to manipulate atm.

[Mervyn_Pumpkinhead]

If you really believe your own story, why don't you short BTC with a CFD? (If you're not, you are idd not that bright)
Oh right... you're already doing that.. (wow you're so smart?)

Thanks for stopping by though.. Maybe you have 0.01% less loss because someone actually believed what u said.

Good luck with trading!

I shorted several months ago, with the price being higher then 2x Now I am just bored to see this ugly slow downfall, and waiting to see if it will eventually come to an bottom that you could actually trust (the current one certainly isn't it lol). Then maybe I'll jump back on board. And when I'll do it, then it'll probably be an alt, not BTC, because their rises are more profitable, even if their rises are tied to BTC.
It's funny how the Cult started to attack me right away If I wanted to sell BTC to an investors, then I would hope that he hasn't heard about this place. Because by reading the majority of the posts in the speculation forum, makes BTC users seem like mindless lunatics

Well everyone is entitled to their own opinion.
If you have already shorted and looking for a "real" bottom, why do you share your opinion. To get to that bottom "quicker"?

Here is what bugs me, if you really already made some money of BTC's drop and you're just waiting for a new opportunity to jump in, you would not spread "FUD" around this forum.
Only if you think that real bottom will not come by itself, (thus an opportunity for you to jump in again), and you have to try and influence others by discouraging them to be bullish on BTC.

I have a small amount of BTC with average buying price of 480, I won't budge if we see 400/375 because that were previous supports, but in this ever changing climate my opinion is we have a better support now.
Partially due to all the bad news that is already priced in this price.

Again, good luck.. but I do question your motives.. as would any "rational"  thinking person do with your "newbie" status and content of your posts.

Well I would absolutely love if my posting would have enough effect to make the bottom come quicker. I would absolutely love if this horrible drag would already come to an end. But I'm not into comforting myself with illusions. Important players won't make their moves based on the general sentiment on this forum. They don't care if the lunatics here yell SELL SELL or BUY BUY. I'm only here to express myself and to pass the time.

I'm not trying to influence the Cult people here. In all probability you are holding only enough coins to influence the price 0,01% (no offense). There is no grand conspiracy why the bitcoin price is falling. The answers are actually really simple and visible.

I think that you can do whatever you wish. Even if that includes trying to persuade people that now is the time (again) when the price will only go upwards. Just don't get upset when I don't agree with you and share my opinion of it. There doesn't have to be a grand conspiracy of spreading FUD every time someone disagrees with your zealous vision