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Question: Oct. 31 Closing Price:
<$5,000 - 6 (9.2%)
$5000-$5,500 - 1 (1.5%)
$5,500-$6,000 - 5 (7.7%)
$6,000-$6,500 - 12 (18.5%)
$6,500-$7,000 - 12 (18.5%)
$7,000-$7,500 - 8 (12.3%)
$7,500-$8,000 - 5 (7.7%)
$8,000-$8,500 - 2 (3.1%)
>$8,500 - 14 (21.5%)
Total Voters: 65

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20651504 times)
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dreamspark
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April 14, 2014, 11:50:46 AM

Its was refreshing to finally see a bear trap. I've said it was coming too, kinda amusing that people forgot that not only the bulls can be trapped.

I have to say you generally have called the last few days pretty well. I just hope you put some money on it Wink
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seanneko
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April 14, 2014, 11:51:45 AM

Its was refreshing to finally see a bear trap. I've said it was coming too, kinda amusing that people forgot that not only the bulls can be trapped.

It wasn't that long ago that this forum was full of people saying "you're a fucking idiot if you short bitcoin"

I miss all the pictures of trains and moons.
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April 14, 2014, 11:53:55 AM

Its was refreshing to finally see a bear trap. I've said it was coming too, kinda amusing that people forgot that not only the bulls can be trapped.

It wasn't that long ago that this forum was full of people saying "you're a fucking idiot if you short bitcoin"

I miss all the pictures of trains and moons.

Wait till (if) we get to 490. There wil be an invasion of bulls and bears turned bulls shouting 500 with trains moons babes lambos everything you want.
Mervyn_Pumpkinhead
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April 14, 2014, 11:54:12 AM

You'll never invest into something where it is only supported by hopes of fools then why did you buy into BTC in the first place, if you think the price is sustained only by the hopes of fools.

Every bet is about predicatabilty and how predictable it may be  are your odds, thats the very definition of betting. What your really saying is that you like to make bets where you feel they are very predictable and therefore low odds.

Its simply not screaming trend reversal at all are you that blind you cant see that. It was a question. Plus $400 was a major resistance point after visiting there twice already in the downtrend so of course it was important. I think you need to get out the house if you believe anything Ive said is trying to get you to buy into this, I couldn't give two shits whether you buy into it or not. On the contrary I could say that your attempting to get people not to buy in yet is just as manipulative.

 Stop throwing the phrase people like you around, I have not attempted to get anyone to buy in thanks so stop trying to tarnish me with the same brush as the people who do you have 0 evidence of me being anything like what your trying to say. When there are important developments in the crypto world lol, there are important developments happening all the time.

Its okay over the last 3 days I'm up 31% and your at +/- 0% in actual gains or 31% down in theoretical gains. Your clearly a long term trader which is fine but because you dont have the skills to or you dont want to trade on shorter time scales doesnt mean people who do shouldnt.


I bought during the start of November, where there were more in play then just the hopes of fools. Sold at the middle of December, and every rise has been fuelled by the hopes of fools ever since. This downtrend would be over quicker if there wouldn't be so many fools in the game.

Feelings have nothing to do with it. Proper data about the current direction of value will decide when you can say that it's smart investing into BTC. And this isn't about drawing lines on the charts like a 6 year old. It's about taking more factors into consideration like the factors that stimulate demand. Right now, BTC is not a smart investment, it's a blind bet, supported by hope that more fools will follow to fill your pockets. There haven't been a good reason to buy BTC till December.

400 wasn't a major resistance point. Dumping didn't stop there because of strong buy walls, but stopped there just because the dumpers paused for letting the support rise a little to continue dumping. It isn't predictable how long will they wait until they continue. A dumb blind bet again.
If there would be less people who are fuelling these dumb pumps, then the downtrend would have been over more quickly and that would have meant more wins to most involved. Because of these dumb pumps, the market is unpredictable and unattractive for serious investors. Right now, the environment is only attractive to degenerate gamblers. Those who have the experience and education in the field, know better to stay away, because there are always better investment opportunities then to play unstable bear markets.

Well, you whine about my low interest on buying during this bear market, just like tens have done before you. So, to me, you are just like those who have whined before you.
And no, there haven't been important developments in the crypto scene for a long time. Just a lot of hot air, made out of high hopes and promises.

You really don't get it that these dumb pumps will only create meaningless volatility and the biggest winners are actually the exchanges. When you win 30%, then you don't win it out of thin air, but you win it at the expense of some poor schmuck who buys after you buy. That is the reason that you are whining on why I'm not buying, because you want more schmucks to join in to fill your pockets.
The outcome of these dumb pumps is still that more people lose then win, and it's not a matter of skill but a matter dumb luck. You didn't have any data about the fiat that is moving in, you just made a bet because you had a feeling that people will buy after. And now you are trying to act like this blind bet was a matter of skill and data analysis. To me it's just funny. It's like the guy who get's lucky at the roulette table and tries to act like a skillful gambler after.
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April 14, 2014, 11:54:35 AM


There are ways and means to do everything if you either A) have the money or B) know the right people.


You can hardly A) if you don't B), and you lose A) if you don't B). That's why the odd-few bitcoiners who have managed to A), should come to Malla castle for the trainings on how to retain their bitcoins in the face of all the threats against them.
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April 14, 2014, 11:55:47 AM

We have a long way to go before I would consider this a bullish resumption. I'd say at least $580.
Otherwise we might end up continuing the downtrend again to even lower levels. I'm not doing anything at this point.
seanneko
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April 14, 2014, 11:57:27 AM

Its was refreshing to finally see a bear trap. I've said it was coming too, kinda amusing that people forgot that not only the bulls can be trapped.

It wasn't that long ago that this forum was full of people saying "you're a fucking idiot if you short bitcoin"

I miss all the pictures of trains and moons.

Wait till (if) we get to 490. There wil be an invasion of bulls and bears turned bulls shouting 500 with trains moons babes lambos everything you want.

What about a lambo on a train?

TERA
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April 14, 2014, 11:57:53 AM

We have a long way to go before I would consider this a bullish resumption. I'd say at least $580.
Otherwise we might end up continuing the downtrend again to even lower levels. I'm not doing anything at this point.

we are going $530+ today

don't fool yourself

bulls take over from here, thanks though
Is there any TA to back up your statement?
dreamspark
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April 14, 2014, 11:58:32 AM

Bitstamp tweeting attempting to up the price again ?
Davyd05
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April 14, 2014, 11:59:44 AM

Bitstamp tweeting attempting to up the price again ?

I provided evidence that they've been doing this since Nov, and before why did we start caring now?
magicmexican
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April 14, 2014, 11:59:51 AM

Some easy money are probably to be made in ltc/btc now, its lagging behind again, i expect a sudden jump to 0.027+ soon
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April 14, 2014, 12:00:24 PM


Explanation
seleme
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April 14, 2014, 12:00:24 PM

BTC-e lags about 15$ behind Stamp today, they are really something - when price goes down they're that much below.

Not sure It will rise up to my short orders in 470s/480s
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April 14, 2014, 12:00:53 PM

Wait till (if) we get to 490. There wil be an invasion of bulls and bears turned bulls shouting 500 with trains moons babes lambos everything you want.

Cheesy yeah thats classy.

500 would be nice but for me it still have to go a long way to get back in black. Unless 700 I´m not happy Sad
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April 14, 2014, 12:01:30 PM

Some easy money are probably to be made in ltc/btc now, its lagging behind again, i expect a sudden jump to 0.027+ soon

Last time you were right but you were talking about LTC/USD right?
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April 14, 2014, 12:02:07 PM

good morning!

asks disappearing, up 100 bux in the last few days, seems more bullish than at any other point this year.

Becoming more convinced of reversal every hour.

By Wednesday we'll know for sure.

Place bets now I guess.
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April 14, 2014, 12:02:55 PM

Bye bye $480 wall Smiley
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April 14, 2014, 12:03:28 PM

And then if you have more than $10K in fiat, isn't that a reportable event... ?   There may also be bank fees, too?  Who will carry $80K cash to starbucks?

Answering these questions goes above my free consultation, sorry.

I had a lot of questions in my post, and I suppose some of these matters regarding decentralized exchanges will be resolved with time. 

I share a lot of my information and experiences for free, and yes in some circles, I also charge for consultations, but to each their own about how much to share and whether or NOT to share certain kinds of information in public threads.

In any event, it would be nice to know what people are doing.. whether you or anyone else... b/c I know that there are various solutions that are being worked on.. I just am NOT sure about how I would proceed if dealing with amounts over $10k.. probably break it up.. .. but there may be other ways to accomplish these matters, as well.   
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April 14, 2014, 12:04:02 PM


we are going $530+ today

don't fool yourself

bulls take over from here, thanks though
Is there any TA to back up your statement?

miscalculated slightly

$500+ is a safer prediction
TERA
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April 14, 2014, 12:05:04 PM

It's possible that these next couple days will be the last chance to sell above 460 for a year.
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