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

[fonzie]

creating depression so that people just feel more miserable all over and are more likely to sell even if it hurts themselves.

Sounds wonderful, i miss those times . But no is not the time for it, it would be wasted energy. My wannabe pumping skills are weak and i know it, but i´m bored so what should i do.

You're supposed to be trolling the bears. You know, shorts being squeezed and all that. I mean, look at those bids on Huobi!

Can´t troll them, deep down in my heart i will always be bearish & pessimistic. That´s why i like even the most stupid bear trolls like fallling.  
Also making profits with shorting was always much more enjoyable for me than the other side round.

I hear it. I shorted a lot in February and made a lot of money, loaded up on cheap coins. But then I got short squeezed in March and decided after that that the market could turn upward too quickly to keep leveraging against it. Betting the downtrend in February was a sure thing, though.

I made more money with leverage shorting in January & February, than i did with the bubble to 1200$, even though i was loaded up big time with ~100$ coins. Maybe that´s the reason for my bear love  
Especially during february, we had such an awesome valid & volatile channel for weeks where it was bascially free money to play ping pong!

cant wait for the next bubble to begin tho. there is going to be $500-1000 spreads when it bursts

 

[windjc]

creating depression so that people just feel more miserable all over and are more likely to sell even if it hurts themselves.

Sounds wonderful, i miss those times . But no is not the time for it, it would be wasted energy. My wannabe pumping skills are weak and i know it, but i´m bored so what should i do.

You're supposed to be trolling the bears. You know, shorts being squeezed and all that. I mean, look at those bids on Huobi!

Can´t troll them, deep down in my heart i will always be bearish & pessimistic. That´s why i like even the most stupid bear trolls like fallling.  
Also making profits with shorting was always much more enjoyable for me than the other side round.

I hear it. I shorted a lot in February and made a lot of money, loaded up on cheap coins. But then I got short squeezed in March and decided after that that the market could turn upward too quickly to keep leveraging against it. Betting the downtrend in February was a sure thing, though.

I made more money with leverage shorting in January & February, than i did with the bubble to 1200$, even though i was loaded up big time with ~100$ coins. Maybe that´s the reason for my bear love  
Especially during february, we had such an awesome valid & volatile channel for weeks where it was bascially free money to play ping pong!

Yes, that was my biggest bitcoin trading mistake. As it was my first bubble, I failed to see the obvious correction that was going on. Big fail on my part not doubling my coins. However, I've traded like a boss since and am fully ready for the aftermath of the next bubble.

[ChartBuddy]

Explanation

[Mervyn_Pumpkinhead]

So much hate.

Can someone please grab me another glass of champagne please. I have to leave soon in my private jet.

No,no..the word was despise. Hate is a little too strong.

And again, with all your jets and champagne, you are acting like a douchebag. It's hard to tell with you - are you a douche who is sometimes trying to act like a decent person, or are you a decent person who is trying to act like a douche? It's a choice between inherited mental inabilities and issues with personal insecurities. Who knows the answer?.. this might be The mystery of bitcointalk..!!1

[fonzie]

2300BTC to 570$
2159BTC to 600$

Do the math!

[Schickeria]

Trolling is about in your face fear and/or annoyance - which is your specialty, creating depression so that people just feel more miserable all over and are more likely to sell even if it hurts themselves.

I really like and appreciate fonzies bear trolling skills, but I would really be appalled if there are people selling since they got trolled. Can't imagine that humans could be so &¥+#~!

However. Fonzie was responsible for the ~800 to ~300 crash, so now he'll be the one who will leads us to +5000 ;-)

[Marbit]

How can these little Bitfinex fish be dumping in the face of those Hoobi bidwalls? Not complaining, I need back in, sold at 585 in a panic thinking dead cat bounce last night. Would like to see 575.

I am a bull in bear's clothing!

[windjc]

So much hate.

Can someone please grab me another glass of champagne please. I have to leave soon in my private jet.

No,no..the word was despise. Hate is a little too strong.

And again, with all your jets and champagne, you are acting like a douchebag. It's hard to tell with you - are you a douche who is sometimes trying to act like a decent person, or are you a decent person that is trying to act like a douche? It's a choice between inherited mental inabilities and issues with personal insecurities. Who knows the answer?.. this might be The mystery of bitcointalk..!!1

Merv, the trick is to not be so predictable in life. You are very predictable. For instance I knew that you would talk about hate and despise, etc. etc.

Another problem with challenge for you is that you think you can understand the real mentality and whole of an individual from their forum posts.  You are extremely Saturnian, which means you have a rigid framework from which you view the world and you can't understand why people don't see it as you do. So you assume it's reasons like mental inabilities or personal insecurities and/or things like that.

I used to be the same way to an extent. Through meditation and working with people who got to know me well, I came to realize that humans don't experience reality the same way. We all experience the same events differently to an extent. You cant quantify human behavior.

This is undeniably a difficult issue for you. You probably, from your frame of reference, just deny it completely.

As for me I also love laughter. So many of my responses to you are just to evoke my own sense of playfulness and joy, as I watch you struggle with putting my character into your framework of understanding.

[Mervyn_Pumpkinhead]

Merv, the trick is to not be so predictable in life. You are very predictable. For instance I knew that you would talk about hate and despise, etc. etc.

Another problem with challenge for you is that you think you can understand the real mentality and whole of an individual from their forum posts.  You are extremely Saturnian, which means you have a rigid framework from which you view the world and you can't understand why people don't see it as you do. So you assume it's reasons like mental inabilities or personal insecurities and/or things like that.

I used to be the same way to an extent. Through meditation and working with people who got to know me well, I came to realize that humans don't experience reality the same way. We all experience the same events differently to an extent. You cant quantify human behavior.

This is undeniably a difficult issue for you. You probably, from your frame of reference, just deny it completely.

As for me I also love laughter. So many of my responses to you are just to evoke my own sense of playfulness and joy, as I watch you struggle with putting my character into your framework of understanding.

I think that you are doing an amazing job on being unpredictable. I doubt that many could predict these chaotic vortexes of fury, that you are skilled to create.

I think that you are right. I have yet failed to fully understand on how a natural born douche perceives life. I understand some might want to present themselves like that, because according to their values, this kind of expressiveness is considered an honored trait. But it's true that I can't fully relate to a person like that, therefore I can't feel much empathy towards them either.

I think that your meditation sessions are working out great, because you used to be a lot more tense. You have went from aggressive to passive-aggressive, and I think that this is progress. When you continue with your meditative practices, then soon you will discover that my posts have no effect on you, and you can just ignore them, without having any urge to reply.

[Marbit]

Bitcointalk Wall Observer drama. Always a page turner.

Now if only the price would move in > $5 waves...

[ensurance982]

Hey! At least there's some volume going on! People also seem to be buying at the moment. Looks not too grim, if you ask me!

[windjc]

Merv, the trick is to not be so predictable in life. You are very predictable. For instance I knew that you would talk about hate and despise, etc. etc.

Another problem with challenge for you is that you think you can understand the real mentality and whole of an individual from their forum posts.  You are extremely Saturnian, which means you have a rigid framework from which you view the world and you can't understand why people don't see it as you do. So you assume it's reasons like mental inabilities or personal insecurities and/or things like that.

I used to be the same way to an extent. Through meditation and working with people who got to know me well, I came to realize that humans don't experience reality the same way. We all experience the same events differently to an extent. You cant quantify human behavior.

This is undeniably a difficult issue for you. You probably, from your frame of reference, just deny it completely.

As for me I also love laughter. So many of my responses to you are just to evoke my own sense of playfulness and joy, as I watch you struggle with putting my character into your framework of understanding.

I think that you are doing an amazing job on being unpredictable. I doubt that many could predict these chaotic vortexes of fury, that you are skilled to create.

I think that you are right. I have yet failed to fully understand on how a natural born douche perceives life. I understand some might want to present themselves like that, because according to their values, this kind of expressiveness is considered an honored trait. But it's true that I can't fully relate to a person like that, therefore I can't feel much sympathy towards them either.

I think that your meditation sessions are working out great, because you used to be a lot more tense. You have went from aggressive to passive-aggressive, and I think that this is progress. When you continue with your meditative practices, then soon you will discover that my posts have no effect on you, and you can just ignore them, without having any urge to reply.

That's an interesting theory, however I was doing meditation long before our first interaction.

Admitting you don't have the frames of reference to understand others is an important acknowledgement on your behalf. I applaud you for it. However, terming what you don't understand as douche is a bit aggressive on your part, IMHO.  I think you may see others who are different than you as a threat, therefore catagorizing them in a derogatory way makes them the enemy, something quantifiable and catagorizable, which is comforting to you.

For me, I'm neither passive or passive aggressive. I'm rather mostly aggressive, however I am often very relaxed and very playful. And while to you it probably doesn't seem like those would go hand in hand, they most certainly can coexist quite nicely.

[johnwest]

Hey! At least there's some volume going on! People also seem to be buying at the moment. Looks not too grim, if you ask me!

What is the benefit of Volume, if price dropping down and it's not good sign too.

[ChartBuddy]

Explanation

[Sandia]

I predicted 555 last night, and it is headed in that direction, but I have a bad, bad urge to go all in, max margin long.  Can anyone give me rational reason that doesn't start with the Huobi wall?

[DubFX]

Hey! At least there's some volume going on! People also seem to be buying at the moment. Looks not too grim, if you ask me!

What is the benefit of Volume, if price dropping down and it's not good sign too.

I think he is talking about buying volume and  that there are also buyers not just dumpers.

[harlenadler]

I predicted 555 last night, and it is headed in that direction, but I have a bad, bad urge to go all in, max margin long.  Can anyone give me rational reason that doesn't start with the Huobi wall?

The Huobi wall has everything to do with rationality here. This whale accumulated thousands of coins on two dumps through 3600. And now he's heavily walled it up for a third.

The point is that this is massive accumulation. Sellers can't sell forever, and he is absorbing a lot of sell pressure with very deep pockets. The longer this goes on, the more limited downside becomes.

Just my opinion.

[johnwest]

Hey! At least there's some volume going on! People also seem to be buying at the moment. Looks not too grim, if you ask me!

What is the benefit of Volume, if price dropping down and it's not good sign too.

I think he is talking about buying volume and  that there are also buyers not just dumpers.

When some dump there is always some buyer too,
if there will be no buyer or very less buyer then price will crash in seconds.

[Marbit]

Hey! At least there's some volume going on! People also seem to be buying at the moment. Looks not too grim, if you ask me!

What is the benefit of Volume, if price dropping down and it's not good sign too.

I think he is talking about buying volume and  that there are also buyers not just dumpers.

When some dump there is always some buyer too,
if there will be no buyer or very less buyer then price will crash in seconds.

Well, that's the thinking behind this "long squeeze" rhetoric about Bitfinex. Indeed, the order book is very thin to absorb a crash. But then again, I've been hearing about a "long squeeze" coming for several months now....

Bears?

[Sandia]

Well, that's the thinking behind this "long squeeze" rhetoric about Bitfinex. Indeed, the order book is very thin to absorb a crash. But then again, I've been hearing about a "long squeeze" coming for several months now....

Bears?

When you read the BFX long squeeze posts, read carefully.  They usually claim that there are margin longs holding since the rally to 685, holding for MONTHS, $100+ under water + months of margin interest, and any gust of wind will cause them to collapse the exchange.

Does that make any sense?  Would you hold a losing position for months and keep paying interest, or would you close it long ago at a small loss?  Yeah, me too, I would have closed by 675.  Thee are zero active positions long above $595...I would bet my life on it.

It is FUD.

A short squeeze is more likely in the coming weeks than a long squeeze, IMHO.   There are too many people bewitched by the idea of buying coins at 420 or 480.  It won't happen.