Bearish or bullish omen? 

Why's China stopped buying?  

What if the price of Bitcoin was simply a bubble which is bursting right now ?

Ok, so I am a bear, but what the f--- are these maniac shorters doing? The shorts have been around 13,000 on BFX for several hours, the price has stabilized or gone up slightly, and the price on BFX is $3 below that of BTC-e. For a while I thought there might be a chance for a flash crash on manipulation, but we've stabilized. I can understand being wary to buy in at this point, but to have a short right now is pure f---ing madness. Who the hell wants to be in a line with 13,000 BTCs trying to close out the shorts? That's f---ing nuts.

 and his dessert coffee

Toom much people wait for double bottom.

That's why we are going lower  

PS: It doesn't show the image.

Are we going to the moon?

the end of bear season

wtf is a mtgox?

one universe

one cryptocoin

one internet

 

Really hope we don't go any lower.
I'm enjoying buying cheap couns atm but I don't want us to go lower than 300 USD again.

Nope, am a 'late' adopter bought between $160 to  $240 in April 2013. But i trade actively 

But you are right, early adopters are going to cut some loose with a less than abysmal profit. There are handful 10k btc guys out there, feeling the heat of an evaporating fortune, and if we breach $266, blood is going to pour on the streets by end of year.
Industrial mining is milking USD out of the market, miners deserve some pain too

 

Just $15 dollars up and people acting like we are back to 600


meh

This is getting kinda stupid.

I just bought with a small bit

Expect a dip right now

Just another week of pump and dumps.

what is this? a traidurr before and after a rough trading session?

he's clearly been roughing his hair and spilling some coffe.

I don't even know where this dump has come from,

Almost every indicator and market was really bullish this morning, I come home from uni to see all the markets in a firesale.

 

It always feel like the Chinese have no balls.

I remember a year or two ago, when we had the HUGE dumps sometimes the market just didn't give a shit and ate it up in an hour. Now it feels like if you sell a couple of thousand bitcoins the entire market will follow you into oblivion.

This train going to $363 by EOD tomorrow. Get out now or forever hold your peace. You can quote me later.

As stated by Albert Einstein "You can't measure a fish by it's ability to climb a tree."

"2300" and "soon" are not comparable.

You sold everything at 400 it's well documented here.

Mark is doing fine after losing way more.

Where the trolls at?

if u are selling or shorting now you must be stupid.

we all know price will go up eventually, thats why we all are here, even the trolls.

there must be another bubble, all know it. But the question is when it happens.

I guess it will happen after the resolution of the mtgox desaster and all fbi coins sold.

in long term it can only go up, fundamentals havent changed.

this guy oka.krell comes across like he knows what he's talking about, no idea if he's had any success though 

also look up chessnut, he has an EW thread

Chessnut gets more wrong than right.

The whales have been selling into the overly bullishness the last couple of days  

I'm very patient, but I've been asking myself a question. When will we breach $300?
We've been under $300 since January 3rd. I'm all for slow gains, but I don't feel like the recovery should be taking ages.

How low are we going to go on this dump?

 

Keep hoping desperate bear

Somebody needs to give Vitalik a sandwich.

pretty sure its perfect time to buy

If I were you I would be watching the price like a hawk from this evening CET until monday morning CET. This may still blow up in either direction.

Edit: Those exuberant longs should be a worry for anyone going short as well.

LFC just deleted it... now it looks like you're talking about my pic  

POOR TRADER

www.youtube.com/watch?v=9Lx90gU_KBc

i wonder what btc will worth on monday ?

The market is so weak, bulls have been rallying painfully on borrowed money and most of their gains got destroyed quickly , indicating bear market still in... It can get real ugly once/if support around 250 breaks!
Bitcoin going To The Core  

As I said before this is the drop before the huge rise

Just keep buying until the price hits $300--that always works.
If not enough $$ to buy through order books, convince family/trusting friends to buy BTC.
If family/friends no longer trust you, buy some CC on carder forum -> buy BTC.

lel

longs still going up.

24,280,834.78

poor fuckers...

yeap, now is the time to go all in on margin.

big fat wall on the front line on stamps

THIS IS EXCITING  

Bullish RSI divergence 6h

[img]http://i.imgur.com/lfN0iKw.png?1

Well we're down by quite a bit already so there's no need to short now, I guess. I just enter the club of people hoping that the bears are wrong and fall for the honey-dip

Who cares about cny? Go to the chinese board with that shit.

This is pretty fucking awful tbf.

How much lower........

Any other HODLER's at a huge loss over all?



Me.....

Bitcoin is now officially dead. Sell what you have left and go home!

Nothing left to see here!

Only rich people should afford to hold their BTC to 0.

Poor people should sell while they can still get some fiat.

Crypto isn't the solution.

Facebook Money is!

For over a year now, the game has been Three Card Monte.
Anyone believing that his mad bird entrail reading TA & other divination skills make an iota of difference is the perfect sucker

Were far from a real short squeeze.  If anything were closer to a long (probably a lot of stop losses in the 220's)

Highest offer $400 BTC now and no sellers.  Nice.

zzzzzzzzzzzzzz

A bottom in the low 240's or high 230's would be pretty sweet

Ready to scoop up

But, but...

...the moon???  

Hmm.. another dip in the price. What could be causing it?

Mmm bear trap looks like now

well if the price remains under ~250$ within the next few days, then we will certainly fall back under 235$. and belowww.

+1

I don't know why you are asking these shrimps to provide doom. They have already long since shot their loads and have no ability to move the market. They are helpless, floating back and forth with each wave.

If tarmi could do anything other than squawk on here he would have done it long ago.

The longer the price fails to collapse the higher the short interest and swap rates creep. What he fails to mention is the run to 300 took place with low numbers of shorts.

Now there are 12k additional shorts opened between 270 and 236.

Cutting all the TA BS away on here the bitcoin market can be simplified to just: price leads sentiment. That's it. It doesn't matter how bearish traders are - one or two large market buys to devastate the ask side of the order book and 300 would fall quickly.

Keep shorting retail. Bitcoin was valued much higher than this for the entire preceding 12 months, but don't worry you know best because: 'lines on a chart'!

Cutting all the TA BS away

sorry, most of you annoying noobs are on ignore.

oh, did you notice how price goes up a little bit and close are going down?

 

You think encouraging newbies to become speculators, to trade with leverage and use TA is a good advice? Hmm.

Hmmm.... Bearish rising wedge?

15m, btcchina:





I'm really curious if this is rising wedge.. Imo looks like.

More to read: http://www.stock-trading-infocentre.com/rising-wedge.html

confirmed

Every single time I buy the ******* price goes down.

I don't trade, I'm a HODLER.
Still annoying though.

I found this analysis by Timwest good: https://www.tradingview.com/v/z608Kqjz/
While I'm 100% fiat, I expect this to break up (may take some time), and I'm ready to jump on a pump. Or to short if it breaks down, whatever...

This is a 4bn marketcap that could potentially be 40 or 400bn marketcap in the mid-to-long term. The cost of "controlling market perception" (and by extension => price) through multiple shills, a few paid articles etc, is peanuts in comparison.

I've been thinking, and it seems the bitcoin market is really really hyped up, but bitcoin's actual uses: a small pool of gamblers and addicts. That is it. Until it is used for real buying and selling (which it is not in the least bit) I think the price could go to as low as $20-$50.

Xiaoxiao thought bitcoin was overpriced at 2 dollars and is currently short.

No you are just short and the price rose the last few days. I don't know why you are short since bitcoin is to be listed on wall st imminently.

You are short, right?

BAM!

2K buy on finex

Shorts at 27300..

Deluded shorters keep adding..new ATH

Up or down? 

Any reasons? Or is that just a typical emotional beartard knee-jerk reaction?

I'd love to hear a logical reason why you think that "ofc" it will go down.

Ball's in your court.

Analysis of which "formation" and "indicators"?

That's pretty vague.

As for volume, the last bit of real volume we had was upward.

If you don't have an answer, that's OK. Just don't be so assertive about your opinionated conjecture.

Have you been drinking?

lol,

Try sharing some of those lines, formations and indicators. Don't go full tarmi. We already have one of those.

(Then again, if JimboToronto is ignored I guess I am too)

I suppose we all just want to make money & I have to begrudgingly respect any proper bears like tarmi that are successful at what they do.

I have no respect for the trolls & socks though that probably don't even own 1 BTC.
They're the ones that annoy me, they shouldn't even be here.

Price declining. Whats up?  

Wow, looks like this dude sold the top. So smart!

If you trade with a brain you won't be frequenting tradingview, whaleclub or any other group for that matter, you'll be reading and studying the market on your own. If those guys were making consistent money they wouldn't need to promote themselves to attract a following. And I can guarantee you those guys already know how to trade, set stops correctly, and read the market as it comes at them allowing them to avoid their own advice if it turns out to be false (which is often, no analyst is perfect). The poor lemmings who listen to them will be stuck in poor positions as the market turns against them, not knowing what to do, so they invariably hold, hoping and wishing (and trolling) that the market will come back to them. Eventually they get emotional and let go at the worst possible time. This is how the market eats newb traders.

Don't bother with 15m analysis. We are in an accumulation phase, at least on the longer term (months). They happen after capitulation at market bottoms. A long term distribution will occur at some point in the future, but not until after a strong bull market. Dec-Feb 2013/14 was the big distribution phase after the 2013 bull market. Accumulation generally takes longer than distribution, and we are nearing the final phases of one now started in January. Either bears get their wish and the market shakes down to $200 again before takeoff, or we blast off upwards through spring and summer. It's anyone's guess at this point. In the event of a shakeout many longs (who have proven to be well-capitalized) would continue to hold and more shorts led by dumb money would be opened, only to run for cover on the reversal. In the event of a blast off, the shorts would still run for cover and many more would be opened above $300 only to be destroyed by a new bull market, which always follows an accumulation phase (of course the dumb money does not know this). This is why there are so many well-funded long positions, probably some professional money there. Shorts are the weak hands in both scenarios.

Personally, with the difficulty the market has had selling of recently, my vote is for the blast off. It'll happen just like every other bubble: Supply is removed from remaining weak hands via capitulation, market fails to continue downward as demand is back in control, and price floats up for a few months before gaining steam into a parabolic move. Then distribution and another bear market as all the weak hands who bought at the top bail again, then accumulation and another bull market. Rinse and repeat.

Support at 236 is strong. We touched it 4 times in the last 15 days. Bears should begin to close their shorts.

I'll never understand why people sell on the way down.
It's the complete opposite of what a good trader does.

It looks like it might tip any moment

It's pure manipulation, that's what it is.  Bankers are keeping the price down while they shake out the weak hands and accumulate. (...)

wow so there is really no point in speculating the price of bitcoins because of these damn whales manipulating the price...

IT SHOULD BE $10,000 per each coin by now if it weren't for their fat coins!!

When the democratic revolution comes to China it would probably be nice to have some currency without The Great Leaders head on it. They should buy some.

Even more nostalgia: https://bitcointalk.org/index.php?topic=5430.0

called it. price is at .72usd and rising. I think the price of .90 by the end of the week is right on the money.

i feel something big is coming and mega-pump seems imminent, news are talking bitcoin again http://www.cnbc.com/id/102594745

Does the lack of troll counts as a signal of a trend reversal?

  So effectively the guy that predicted Bitcoin's spiralling down to, what, $50 has now predicted a turnaround and bounce-off of about current levels? Interesting turn of events.

This shit will skyrocket. Mark my words.
I wish I could buy even more.

Just woke up & looked at the price.
Very disappointing is all I can say.

Price keeps falling, where is dev?  
Is this scam?


Is crypto done?  

Silly shorters.

I am not giving a single fuck about some fund selling its shares. but you bulls are putting a lot of hopes in it. meaning...

Congratulation to your 5$ profit!! I am really happy for you  

0.2380952380952381 (assuming no trading fees) --> I want to be called a genius too...  

lol

moon is not enough

Current log down trendline at about 277. Will be 258 by end of June.

It has occurred to me that given bitcoin is no longer a shorting opportunity, all the bears and noisy trolls seem to have vacated the building

Lol..dont fall for this obvious beartrap

Yawn.

Only weak shaken hands dear.

Bought another 1.5 bitcoin earlier, I just figure that even if we don't go to the moon then buying in now it's still easily achievable to double your money by the time the next halving comes.
My priority is to HODL my stash, it's what I've done since the very first day I entered the world of bitcoin but seriously people now is a great time to buy in.
Interest rates in banks are embarrassingly low, bitcoin is the perfect way to make a great return on your money especially now when the price is low. I'm thinking we'll reach at least 400 USD as a result of the next halving so what are you waiting for?
BUY BUY BUY !!!!!!

sounds like he shagged you

I do not have an estimate on bitcoin prices for the next, whether to sell now or hold?

give up. sell everything.