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

[adamstgBit]

[adamstgBit]

Ok, it's over already. The usual dumping and back to 370 in the next 12 hours.

please no more of this dumping like mofos, FFS STOP IT!

can't get a word in here...

just wait till we hit 410 its going to be CrAzY

Look at the order sizes.  Big buys, then medium buys, then the minnow buy...just as sells start hitting the market.  Everytime.

so why would anyone EVER EVER dump, that is the question!

STOP DUMPING LIKE MOFOS

[adamstgBit]

when you're about to dump, think, "what would shroomie say"

[adamstgBit]

bitcoin is way to much fun.

i must go my poeple need me.

[Sandia]

No confidence in the market.  The big fish want down, so we go down.  99.9% of us have no control over the market.

The better question is why do we keep buying to make them a profit with our losses?

[5cMXezpBtm]

when you're about to dump, think, "what would shroomie say"

I am asking me if the Illuminati and whales are watching this thread intensively to get a sense of the peoples opinion

[JayJuanGee]

If I were religious, I would pray for you... Fuck, but I am NOT.         

Have you considered Pastafarianism, The Church of the Subgenius or Discordianism?

I had NOT considered any of those possible religions, and in fact, I had to look each of them up on the interweb in order to attempt to figure out if any or all might fit with me.

I gather one of your points may be that there are potential religions out there for me, and I should NOT rule them out.. and that is possible... .... and maybe I am still finding myself in that regard...

In a related light, I have noticed that some posters in this thread, NOT to highlight anyone specifically, such as mmitech, seem to subscribe to a form of "me, me" religion... which appears to be a fairly fluid and flexible religion, if one could categorize it as that?   

[klee]

Bull trap once more, I'll pass this time...

[Hiro_Y3k]

https://i.imgur.com/zGvzCPH.jpg

[coa032]

Bull trap once more, I'll pass this time...

Or bear trap.

[zby]

bullish divergencies

reverse H&S

failed attack on the 350 bid wall

some EW counts (from threads here)

PayPal (this is a long term thing - locally it does not have a big effect - so the immediate rally failed - but it will generate a constant upward pressure)

this forum sentiment was so gloom and doom that it cannot go probably go any lower

I think this is at least short/medium (depends on what is short term for you - I am thinking here in weeks) term trend reversal.

[JayJuanGee]

If I were religious, I would pray for you... Fuck, but I am NOT.         

Have you considered Pastafarianism, The Church of the Subgenius or Discordianism?

You should. Especially Discordianism. The way you disagree with lots of people and your enthusiasm for it would make you a wonderful pope!

See, even chartbuddy has been proclaimed a Discordian pope already!

That discordianism did seem to be a pretty interesting religion... and I am having some internal discordance at the moment regarding whether I should disagree with any of your points.    

[Richy_T]

I gather one of your points may be that there are potential religions out there for me, and I should NOT rule them out.. and that is possible... .... and maybe I am still finding myself in that regard...

Nah, I'm just saying they're a bit of a laugh

[_javi_]

honestly... TA on a manipulated market?? yeah right.

[Sandia]

As usual, bids move up with the rise.  Then there are big sells into the asks, followed by medium and small sells, so the big fish can buy back cheap later.  Rinse and repeat twice or 3 times per week.

I hope 340 is low enough for them.

[fonzie]

STOP IT WITH TALKING ABOUT "THE MANIPULATOR(S)"! IT´S ENOUGH

Trade like an animal or hodl, stop complaining!

[Richy_T]

That discordianism did seem to be a pretty interesting religion... and I am having some internal discordance at the moment regarding whether I should disagree with any of your points.    

Start here
http://www.principiadiscordia.com/book/5.php

[klee]

Bull trap once more, I'll pass this time...

Only that spike and the spike's only there to give a point to stay beneath later, China seems to have found bottom and big dumps are being swallowed up. Maybe. Impossible to know but there's at least the illusion of buying pressure.

It would be a BIG win if we don't go <370 - maybe this is the start of manipulating the price with higher lows (fingers crossed though I am all fiat)

[POM]

I hope it hits $400 tonight

[Adrian-x]

No confidence in the market.  The big fish want down, so we go down.  99.9% of us have no control over the market.

The better question is why do we keep buying to make them a profit with our losses?

I don't think it works like that. Where are the big fish going to put those profits, if they are invested in Bitcoin they want that wealth to grow not there Bitcoin balances. I think they dump to distribute coins, then when the stars align they buy back in to push the price up.

In my opinion the next trigger point will come when production costs equal market price, after a fiew key triggers the rocket will launch. Untill then it's us 99.9% betting against each other.