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

[PoolMinor]

nanobrain killin it up in here

I'm sorry but as one of the few female contributors here all this endless dick measuring by boys whose brains are still growing really irks me.  I come here to learn but the hubris that some display is overwhelming.

[nanobrain]

nanobrain killin it up in here

I'm sorry but as one of the few female contributors here all this endless dick measuring by boys whose brains are still growing really irks me.  I come here to learn but the hubris that some display is overwhelming.

Classic...thanks...kickin' myself

[octaft]

He's not annoying to me, but he does seem kinda full if it, considering he was calling bottom like $100-$150 ago.

It's annoying when you ask him to tone the arrogance down and he misrepresents you and then attempts to coerce you.

Yeah I believe the post was edited before I saw it because I'm not sure what you're referencing with the misrepresentation thing.

There are plenty of people who pull the same nonsense. If you keep calling the bottom/top all the way down/up, you're eventually going to be right, and then you can brag about it while editing posts in which you were wrong.

Your best bet in my opinion is not to waste your time crusading against it, because it won't work, and because the only people suckered in are the ones who don't care to spend the time to educate themselves on how to do the analysis on their own. That being said, I don't tell people what to do with their lives, so if you wish to continue arguing with people like that, you don't need my permission. You guys are kinda crushing him, and it is pretty entertaining, so if it floats your boat, do your thing.

[dreamspark]

Looks like btc-e will be first to trap some noobs

You feeling a bear trap ? I personally think this bounce to $4XX was another good chance to short as I'm confident in the next few days we will retest those lows. As per bullish mid to long term but bearish right now.

[runam0k]

There are plenty of people who pull the same nonsense. If you keep calling the bottom/top all the way down/up, you're eventually going to be right, and then you can brag about it while editing posts in which you were wrong.

Easy to call him out by pointing to his original posts on the mirror site.

[magicmexican]

Looks like btc-e will be first to trap some noobs

You feeling a bear trap ? I personally think this bounce to $4XX was another good chance to short as I'm confident in the next few days we will retest those lows. As per bullish mid to long term but bearish right now.

No i dont think that retest is coming, 360-370 maybe, 35-40% chance

[JayJuanGee]

He's not annoying to me, but he does seem kinda full if it, considering he was calling bottom like $100-$150 ago.

It's annoying when you ask him to tone the arrogance down and he misrepresents you and then attempts to coerce you.

Yeah I believe the post was edited before I saw it because I'm not sure what you're referencing with the misrepresentation thing.

There are plenty of people who pull the same nonsense. If you keep calling the bottom/top all the way down/up, you're eventually going to be right, and then you can brag about it while editing posts in which you were wrong.

Your best bet in my opinion is not to waste your time crusading against it, because it won't work, and because the only people suckered in are the ones who don't care to spend the time to educate themselves on how to do the analysis on their own. That being said, I don't tell people what to do with their lives, so if you wish to continue arguing with people like that, you don't need my permission. You guys are kinda crushing him, and it is pretty entertaining, so if it floats your boat, do your thing.

I would think that Chestnut becomes annoying only in the sense that he is having troubles knowing how to effectively respond to personal attacks from a few of you posters, who are tricky and he is having trouble reacting so he employs some of the same less than honest spin techniques to exaggerate points. 

I am NOT annoyed by it, but I do get a sense that Chestnut is outgunned by some tricky bullies.  I personally, attempt NOT to sink to the low levels to get back at you guys, but he seems to think that may be an effective technique.

Also @ Creekbore:  I think that speculation is fair in this thread..   this thread is in the speculation subsection of the forum...   I agree that sometimes too much speculation can be annoying especially when it seems to shift too frequently, but a lot of us are guilty of the same thing.. shifting speculations based on new facts and reassessments of the situation in front of us.

[JayJuanGee]

There are plenty of people who pull the same nonsense. If you keep calling the bottom/top all the way down/up, you're eventually going to be right, and then you can brag about it while editing posts in which you were wrong.

Easy to call him out by pointing to his original posts on the mirror site.

We should NOT be able to edit or delete our posts after a certain period of time.  That is just screwed up.

[podyx]

There are plenty of people who pull the same nonsense. If you keep calling the bottom/top all the way down/up, you're eventually going to be right, and then you can brag about it while editing posts in which you were wrong.

Easy to call him out by pointing to his original posts on the mirror site.

We should NOT be able to edit or delete our posts after a certain period of time.  That is just screwed up.

just so that some dickriders can brag about how good they are speculating?

lol, cmon man

[ChartBuddy]

Explanation

[dreamspark]

Looks like btc-e will be first to trap some noobs

You feeling a bear trap ? I personally think this bounce to $4XX was another good chance to short as I'm confident in the next few days we will retest those lows. As per bullish mid to long term but bearish right now.

No i dont think that retest is coming, 360-370 maybe, 35-40% chance

I hope your right but it wouldn't take much to take it back down, at this point in time theres a plethora of FUD that could take us back there.

[TERA]

Train pics or it didn't happen.

[Cassius]

did we see bottom?

I'm going to say yes, because of this.
http://finance.china.com.cn/news/special/boao2014/20140411/2327233.shtml

Is there anything in this we didn't already know? It's a little hard to tell through Google translate and Chinese circumlocution, but doesn't it just restate that bitcoin isn't banned, and nothing about how the exchanges will have their banking services withdrawn shortly?

[spooderman]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

[mah87]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

[BBmodBB]

shitstorm hasn't even started yet...but then again the Mt. Gox episode was prolly the most substantial event to erode consumer confidence? :\ jmo

[TERA]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

[spooderman]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

What is TA saying now? I kind really wanna go full btc again.

[mah87]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

TA people keep saying "double bottom double bottom" , since 800 I'm saying it's gonna go under 400 or under 300 and people think I'm trolling, they quickly forget what disturb them..

[TERA]

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

What is TA saying now? I kind really wanna go full btc again.

I'm not giving you a projection.  All I'm saying is that most people here who say "double top" or "double bottom" are wrong about identifying such a thing.