Is wobber right?

[kireinaha]

I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?

He's called every market movement within days and has basically never been wrong about bitcoin in his life.

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[MatTheCat]

I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?

He's called every market movement within days and has basically never been wrong about bitcoin in his life.

Yes he has and he has been wrong many many times.

[Raystonn]

I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?

He's called every market movement within days and has basically never been wrong about bitcoin in his life.

Yes he has and he has been wrong many many times.

Hey Matt.  Welcome back!  Are you long, short, or flat now?

[MoreFun]

I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?

He's called every market movement within days and has basically never been wrong about bitcoin in his life.

Yes he has and he has been wrong many many times.

Hey Matt.  Welcome back!  Are you long, short, or flat now?

Yes, that would be really nice to know, pretty reliable inditcator...

[wobber]

Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle?  I thought so...

I don't own a castle, I live in a small studio. But still have more bitcoins than you'll be ever able to count.

And you know what? I won't sell until the last fiat currency in the world would have failed, I now have the character to hold. I have the sole purpose to see bitcoin (and no other gay altcoin) the money of the 21st century. And then maybe I'll buy a beer and burger.

[MatTheCat]

Hey Matt.  Welcome back!  Are you long, short, or flat now?

I am flat. I advised a friend to sell at $635 so I guess I am bearish, but without actually being short. Bitfinex need to get away from the overextended leveraged long positions on thier exchange and I guess the only way they can do that is by encouraging them to gradually disappear. Of course, they may not gradually disappear, they may go out in a flash crash, suspended trading, widespread market panic, etc...

For me, there is no good reason to go long right now. I told my friend when we were approaching $640 "Get out now, IF Bitcoin gets above trendline at $650, then re-enter". But he wasn't having it and now we have come down $20 and look likely to be going down a bit lower, with the spectre of the Bitfinex leveraged longs still to play itself out...indeed, BFX USD swaps are at an ATH as I type. on 4th June 2014, BFX swaps were at $23 Million and Bitcoin had hit a top of $680. Bitcoin is now over one month later at $615, yet the BFX swaps are at $32 Million. Nothing popped yet, that is for sure and the pressure keeps on building. Very ugly environment for long trade right about now regardless of the plethora of other fundamentals which have been coming into place.

[Paashaas]

Hey Matt.  Welcome back!  Are you long, short, or flat now?

I am flat. I advised a friend to sell at $635 so I guess I am bearish, but without actually being short. Bitfinex need to get away from the overextended leveraged long positions on thier exchange and I guess the only way they can do that is by encouraging them to gradually disappear. Of course, they may not gradually disappear, they may go out in a flash crash, suspended trading, widespread market panic, etc...

For me, there is no good reason to go long right now. I told my friend when we were approaching $640 "Get out now, IF Bitcoin gets above trendline at $650, then re-enter". But he wasn't having it and now we have come down $20 and look likely to be going down a bit lower, with the spectre of the Bitfinex leveraged longs still to play itself out...indeed, BFX USD swaps are at an ATH as I type. on 4th June 2014, BFX swaps were at $23 Million and Bitcoin had hit a top of $680. Bitcoin is now over one month later at $615, yet the BFX swaps are at $32 Million. Nothing popped yet, that is for sure and the pressure keeps on building. Very ugly environment for long trade right about now regardless of the plethora of other fundamentals which have been coming into place.

What a bad friend you are, i feel sorry for youre m8. What a huge pile of BS.

[MatTheCat]

What a bad friend you are, i feel sorry for youre m8. What a huge pile of BS.

I am open to the possibility of Bitcoin breaking out to the upside also, but feel that right now, the probabilities lie more with a break to the downside. By the time we will know for sure if Bitcoin is to break down to a lower price level or not, we will be at around $580, some $60 less than my mates $640 buy-in level. I was advising him to break even and let the market decide which way things were going to go before deciding if he wanted to jump on for the ride or not. Had my m8 listened (he didn't), he would already right now as we speak be able to buy back his Bitcoins at $20 less.

Now more to the point, who are you to say that Bitcoin can't/won't go down considerably further from here? What exactly are you basing your prognosis on? Simply saying that it won't go down and/or it will go up, simply because that is what you want it to do doesn't count. Seems like you are just another frustrated chump with a below average intellect sitting swearing at everything you read on your PC screen that tells you something different than what you want to hear?

[okthen]

Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle?  I thought so...

I don't own a castle, I live in a small studio. But still have more bitcoins than you'll be ever able to count.

And you know what? I won't sell until the last fiat currency in the world would have failed, I now have the character to hold. I have the sole purpose to see bitcoin (and no other gay altcoin) the money of the 21st century. And then maybe I'll buy a beer and burger.

Hey this is really inspiring! It gives you the authority to troll bulls.
I agree with you, even though I have probably nothing at all compared to you. I'll buy when I can, try to trade to get more, and sell to survive. Thanks for your trust in bitcoin!

[wobber]

Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle?  I thought so...

I don't own a castle, I live in a small studio. But still have more bitcoins than you'll be ever able to count.

And you know what? I won't sell until the last fiat currency in the world would have failed, I now have the character to hold. I have the sole purpose to see bitcoin (and no other gay altcoin) the money of the 21st century. And then maybe I'll buy a beer and burger.

Hey this is really inspiring! It gives you the authority to troll bulls.
I agree with you, even though I have probably nothing at all compared to you. I'll buy when I can, try to trade to get more, and sell to survive. Thanks for your trust in bitcoin!

Now and then, every 6-8 months I do also sell 1-3 coins for basic needs (medical care, food if I have fiat problems etc). Strange thing is that, historically, whenever I sell those, price goes up. And it's not that price goes up for a few days but it starts up bigtime.

For example, sold 2.5 today at 620 and price seems to go up.

I remember I sold some when it was at 5 then rally to 32.

[boraf]

Price action is trending side way.

Not bullish or bearish.

[smoothie]

So basically it isn't a matter of if...but when.

Okay thanks. I'll just wait. 

[criptix]

Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle?  I thought so...

I don't own a castle, I live in a small studio. But still have more bitcoins than you'll be ever able to count.

And you know what? I won't sell until the last fiat currency in the world would have failed, I now have the character to hold. I have the sole purpose to see bitcoin (and no other gay altcoin) the money of the 21st century. And then maybe I'll buy a beer and burger.

Hey this is really inspiring! It gives you the authority to troll bulls.
I agree with you, even though I have probably nothing at all compared to you. I'll buy when I can, try to trade to get more, and sell to survive. Thanks for your trust in bitcoin!

Now and then, every 6-8 months I do also sell 1-3 coins for basic needs (medical care, food if I have fiat problems etc). Strange thing is that, historically, whenever I sell those, price goes up. And it's not that price goes up for a few days but it starts up bigtime.

For example, sold 2.5 today at 620 and price seems to go up.

I remember I sold some when it was at 5 then rally to 32.

is that the missing indicator 

[okthen]

Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle?  I thought so...

I don't own a castle, I live in a small studio. But still have more bitcoins than you'll be ever able to count.

And you know what? I won't sell until the last fiat currency in the world would have failed, I now have the character to hold. I have the sole purpose to see bitcoin (and no other gay altcoin) the money of the 21st century. And then maybe I'll buy a beer and burger.

Hey this is really inspiring! It gives you the authority to troll bulls.
I agree with you, even though I have probably nothing at all compared to you. I'll buy when I can, try to trade to get more, and sell to survive. Thanks for your trust in bitcoin!

Now and then, every 6-8 months I do also sell 1-3 coins for basic needs (medical care, food if I have fiat problems etc). Strange thing is that, historically, whenever I sell those, price goes up. And it's not that price goes up for a few days but it starts up bigtime.

For example, sold 2.5 today at 620 and price seems to go up.

I remember I sold some when it was at 5 then rally to 32.

is that the missing indicator 

Hahaha, wobber is a magical whale, when he dumps the price goes up!

[wobber]

What the hell did I said yesterday? Anyway, a very sad moment in my life and I needed fiat to pay for things, so an exception forced me to sell some more at 618.

[piramida]

What the hell did I said yesterday? Anyway, a very sad moment in my life and I needed fiat to pay for things, so an exception forced me to sell some more at 618.

Please, then, sell all and wait for the crash with your fiats near your mouth.

[maker88]

Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle?  I thought so...

I don't own a castle, I live in a small studio. But still have more bitcoins than you'll be ever able to count.

And you know what? I won't sell until the last fiat currency in the world would have failed, I now have the character to hold. I have the sole purpose to see bitcoin (and no other gay altcoin) the money of the 21st century. And then maybe I'll buy a beer and burger.

you know people can count pretty high once you get the 1-100 concept down after age 4, so i wouldn't be claiming that you have more coins than people can count, considering there are only so many million coins, and any and all of us can count that high. of your plethora of retarded statements, this one is uniquely amusing.

[maker88]

and for the record, i don't think wobber is right. the scenario is possible, maybe even likely if the hedge funds and such really take a lot longer than they said they would to come out, but the mere fact that it was proposed by wobber, combined with his impeccable track record of bad calls, steers me away from it. if it happens, cool, more time to buy. i think the end of august will show action, maybe a bear trap in september but by november i think the real rally will be in effect. i doubt it will take until january but something is defiantly going to happen before the end of next quarter.

[CMMPro]

I think he's counting on that number of coins just being higher than 21....since that's all I can count to using my various appendages.

 

If he had so many coins I "couldn't count them" all he should sell a hundred or so and then he wouldn't have to sound like a sad sack selling a few piddly coins to pay for some bullshit personal crisis.

Soooo dramatic with this "last fiat currency in the world would have failed" crap, lol...sounds like loser speak for "I have weak hands but act tough on the internet".







 

[dyland]

Is wobber right?

He sure is "right"...at the top of my ignore list.

If he was "right" all the time his name would be Risto and he would have a castle bought with his bitcoin profits.

So, wobber you fucking wanker....where are the pictures of your castle?  I thought so...

I don't own a castle, I live in a small studio. But still have more bitcoins than you'll be ever able to count.

And you know what? I won't sell until the last fiat currency in the world would have failed, I now have the character to hold. I have the sole purpose to see bitcoin (and no other gay altcoin) the money of the 21st century. And then maybe I'll buy a beer and burger.

Hey this is really inspiring! It gives you the authority to troll bulls.
I agree with you, even though I have probably nothing at all compared to you. I'll buy when I can, try to trade to get more, and sell to survive. Thanks for your trust in bitcoin!

I second that.