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

[ChartBuddy]

Explanation

[awais3344]

hope we can go to the promised moon this week  

[fonzie]

I could imagine a nice spike to 500-540$. That would be awesome.

[chessnut]

I could imagine a nice spike to 500-540$. That would be awesome.

I like the new fonzie better than the old fonzie. lets hope the new fonzie is just as accurate as the old fonzie 

[macsga]

...ship en route!

[fonzie]

I could imagine a nice spike to 500-540$. That would be awesome.

I like the new fonzie better than the old fonzie. lets hope the new fonzie is just as accurate as the old fonzie 

Fonzie is dead, long live Fonzie(Lord Bull the II)!!

[ShroomsKit_Disgrace]

I could imagine a nice spike to 500-540$. That would be awesome.

I like the new fonzie better than the old fonzie. lets hope the new fonzie is just as accurate as the old fonzie  

Fonzie is dead, long live Fonzie(Lord Bull the II)!!

Formerly known ass LTCvictim.

[magicmexican]

I thought 350$ was the last chance to sell, according to some ppl

[chessnut]

This is a powerful day trading long signal considering that B was a wedge (anticipates a terminal move) and the price has turned around after being rejected in the territory of a larger wedge.

What is a possible alternative count that does NOT go on to break 440?

Posted this on the EW forum today. wonder if nanobrain or creekbore noticed 

[minerpumpkin]

I'm afraid this rise is, again, fueled by China. It seems to me that China is like heroin to Bitcoin.

[dreamspark]

~300BTC wall guy wants in.

[EuroTrash]

Or maybe this one, but this would mean we aren't even rallying right now.

E-fucking-xactly.

So in case we get over 500 today then the old trend line is broken, correct?

[chessnut]

So in case we get over 500 today then the old trend line is broken, correct?

510 is the magic number.

[Mervyn_Pumpkinhead]

Some fiat entered. It will probably be around Wednesday when the dumping continues. Till then, the dumpers are waiting if maybe more fiat will be wired, so they can sell with an better price.
I'm not buying into this because it isn't very probable that much more fiat will enter. There hasn't been any important good news about the markets, so nothing has really changed in the long-term.

Your so boring! Could have made yourself some nice money if you werent a perma bear. Just as bad as the permabulls calling bear trap all the way down.

Yeah, I'm totally boring, that I sold on top of the last bull market, and refuse to play the bear market where the odds are actually against you.
Degenerate gamblers don't care about the odds, they just want to feel the adrenaline by taking blind risks. I'm a different kind of gambler, the boring kind.

Of course you did...

Plus Im referring to your repetative bear posts rather than your 'gambling' skills

Anyway even if you did, its all good selling your one coin for $1100 but if your gonna be a perma bear then your not gonna buy it back until $900 I can guarantee you that a lot of people have made more than you will have made with no real risk. How is it a gamble to buy in the mid $300's and sell for $150/BTC 3 days later. If you could explain how the odds are against you just because its generally been in a down trend? Theres money to be made going both ways...

I would play an bear market, if I had enough invested, so I could control the general direction of the market. Meaning that I could know the future by creating the future.
You need more education then I'm able to offer you, when you can't understand how the odds are against you during playing bear markets.
Only degenerate gamblers feel bad when they lose the opportunity of winning an blind bet with bad odds. The boring kind of gamblers don't care much, because they know that better opportunities always present themselves in the future.

No you need more of an education than I'm able to offer you. Its not a blind bet or bad odds just because its a bear market. Do you think that traders in other markets who are very succesful only trade bull markets? If you dont have the skills or expertise to trade it thats your problem but dont berate those who do or those that want to.

I can tell your going to be that guy who moans all the way up and when the price next drops be the I told you so one, don't worry there's always one.

I already told you what kind of an trader you have to be, to have the odds in your favor during bear markets.
Anyway, I'm tired of little brats like you. Trying to wish an trend reversal out of nothing and trying to pull other people along to fuel their foolish hopes. You're the ones who make this entire crypto market scene look like an bad joke. The same people who think that they can just wish themselves out of downtrends, are the same kind of people who visit motivational self-help classes and think that they can wish themselves to be an millionaire.

Ha well at least your providing some morning entertainment, if you could point out any point that I have been shouting trend reversal I will gladly concede. To the contrary I have been saying that nothing much has changed it is likely to see more drops and even have been posting my trades. Reverting to ad hom just makes you look infantile and asinine especially when your attack is baseless as I'm one of the people who havent been posting sulking bears and trains thank you. Direct your attack somewhere else next time. In terms of the question at hand theres money to be made both ways and just because you are unable to or don't want to trade a bear market doesn't mean its not profitable or that its blind luck. You sound so bitter its comical.

Skimmed through some of your previous posts during falls and found these:

This posted on the 10th of April:

Finally  

Now can we bounce of $400 and finally move on. Jeez

And one prior to the fall of MtGox:

wish I had like 10k on gox  

And you started whining at me when I said that I'm not buying into this, because I don't see it as an good bet to buy at the tops of weak pumps.
So, don't try to act like you're rational about this. When one walks like a typical degenerate gambler and when one talks like a typical degenerate gambler, then he must be an ...

[rpietila]

Holy fuck.  

The idea of clicking a mouse once and trapping all the shorts on the way to $600 (Bitstamp) is getting more and more profitable as the price has risen because of other players. Regards: "The Man Who Owned 25% Of BTC China Bid Orderbook & 10% Of Bitstamp Bid Orderbook During His Elephant Walk In Bitcoin Porcelain Shop"

[fonzie]

Nice pumping buy walls on Stamp

[ShroomsKit]

Oh this sucks so much that we're going up. Be prepared for post after post from people like Tera how we're going down, how it's a bull trap and other bullshit because they of course missed their ridiculously low buy order and missed the train again. The same story every time we go up.
Life must suck so bad as a bear trader. Missing buy orders, losing money and spreading fud, the life of a bear.

[fonzie]

Holy fuck.  

The idea of clicking a mouse once and trapping all the shorts on the way to $600 (Bitstamp) is getting more and more profitable as the price has risen because of other players. Regards: "The Man Who Owned 25% Of BTC China Bid Orderbook & 10% Of Bitstamp Bid Orderbook During His Elephant Walk In Bitcoin Porcelain Shop"

I talked about that plan in here a few days ago, that a few nice buys could trigger a lot of these shorted 10000BTC stop loss. With such a thin orderbook, it would be stupid not to try if someone has the money for it.

[TERA]

Based on the giant orderbook on finex and nonexistant orderbook on stamp I'd say a short squeeze is occuring on finex.

[chessnut]

Holy fuck.  

The idea of clicking a mouse once and trapping all the shorts on the way to $600 (Bitstamp) is getting more and more profitable as the price has risen because of other players. Regards: "The Man Who Owned 25% Of BTC China Bid Orderbook & 10% Of Bitstamp Bid Orderbook During His Elephant Walk In Bitcoin Porcelain Shop"

Always good fun when Risto is around!