All posts made by NamelessOne in Bitcointalk.org's Wall Observer thread
1.
Post 1863764 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Good game, bears. 144k BTC to $50 now, more than ever. You should just move your asks up to $200 now and spare us the trouble because that's where we're going.
I am giddy for this to happen. Still need to watch this like an eagle.
2.
Post 1864119 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
What intrigues me is that yesterday we have triple more volume and no lag.
uh, check lag much? We are over 1 minute.
He said yesterday. It has been days with a TON of trading, super volume, but no lag. Now we have a little jump into the 90s and lag starts.
3.
Post 1864144 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Lag back to zero. I find nothing under 2 minutes seems to cause much 'lag selling'
4.
Post 1864534 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
schrödingers bitcoin
Yes! MOAR CONFUSING!
I DON'T KNOW WHERE WE'RE GOING
We jumped the gun a bit in the quick climb to 98. Since the 50s bottom we've been climbing a upward moving support line. I'd say it is in the mid to high 80s right now based on a quick glance. If we hover in the low 90s we'll hit it again in a while unless we simply continue to move upwards away from it.
5.
Post 1864609 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Guess its time to take some profit while the cat is still alive
And then possibly be left behind as we continue to climb the upward moving support line that has been in place since $50.
6.
Post 1864727 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
The diamond! The mythical Ultra Diamond Pattern! Bitcoin is destined for $100,000,000 now!
7.
Post 1865664 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Given that the price is rising, and that the triangle will probably finish close to when the upward moving support reaches it, I'd imagine it is bullish.
8.
Post 1866542 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Has anyone actually looked at how often walls are eaten away as opposed to cancelled? I think the incidence would be very low.
I saw it quite a lot over the past few days, but today the walls are definitely getting eaten up more often than not.
We're actually hitting the upward moving support line right now. Dipped a little bit under it as far as I can tell, but are above it again. Last night it dipped under and climbed over again also. We shall see what happens!
9.
Post 1870908 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
New 14k bid wall at 80!
Most excellent, someone is having fun, haha
10.
Post 1875224 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
So.....I'm nervous to say it lest I be the one who pops the bubble: Is the crash over? Back to growth?
lol from what it looks like to me, there was no crash. there was merely a crazy month-long hyper bubble that popped and barely made a dent in the overall growth trend.
I think quite a few people are starting to agree with that assessment. It may very well have been a rather incredible correction. One was needed for sure anyway so perhaps that is all it was in the end.
11.
Post 1875272 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Well if it isn't a dead cat bounce, it doesn't need to be 'different this time' as it was only a correction in the first place, hehe
12.
Post 1878893 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Price heading up, currently 103, lag heading up, currently 1m 10s.
I though Gox was supposed to have made changes to fix this lag?
Any lag is annoying, but I've found anything under 2 minutes doesn't seem to cause much damage. Getting to 5 mins starts hitting the red line. 10+ is huge dangerzone for panic 'lag selling' garbage.
13.
Post 1879004 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Absolute madness they don't know whether to panic buy or panic sell LOL
No need for panic selling, it spiked up really fast, makes sense it would drop back into the high 90s.
14.
Post 1880768 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Our benevolent
(?) manipulators seem to have pulled out...
The main superwall at 70 remains intact. It is simply someones staggered orders ranging in the 70s to 80 that were pulled. That person may actually want to buy in now as it is rising away from them.
15.
Post 1881128 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
EDIT: RANDOM HUGE SELL ORDER. Bears are charging, dropped by $5 in like 2 minutes.
It would be fun to see them left in the dirt as the train races by.
16.
Post 1881173 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Well that was spooky. It "crashed" by almost 10% for a bit but now seems to have recovered for the most part. Moral of story: Bears fight back at $120
Yes spooky, but hardly felt like a 'crash' more like one person doing their best to push it down. The consistency of the sells all the way down to 111ish and then bam it is over. I wonder if this will be like the sell off in the mid 90s yesterday and screw the seller over. No panic selling, no price drop, just a jaw dropped seller realizing their mistake. But I actually think there will be drop anyway so maybe they'll get lucky haha.
17.
Post 1881197 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
I am pretty sure the "bubble" of the last week just popped . . .
Was that an inverted price correction bubble that pops and causes the price to rise?
18.
Post 1881932 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
I figured a triangle was forming and it is getting clearer now. I'd imagine we'll drop down to 115ish next, do the zigzag for a number of hours.
19.
Post 1881969 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Heading for attempt two at $120 wall?
It will be a couple hours before this triangle is finished and then 120 is in danger!
20.
Post 1883144 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Best dead cat bounce ever. MOAR PLEASE.
Hopefully it is the kind that ends up just continually rising and eventually past the ATH to a point in which it is more like a Dead Cat Flying into Deep Space.
21.
Post 1883217 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
This is going too fast... would some whale mind putting up an upper bounding wall to give the market some time?
I tend to agree, we are either in for a sizeable (but healthy) correction or we are going into turbo mode again. If so, perhaps this whole thing was a tiny beartrap on that beginning of that damn 'bubble chart' that has been going around.
22.
Post 1883264 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Fortunately anything under 2 minutes of lag seems to have little impact on the price.
23.
Post 1883280 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Rubber bouncy bear cat is not dead.
If we're luck, it is a cyborg cat with rocket boosters.
24.
Post 1883323 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Well. That time we can blame gox lag for the down turn.
It climbed silly fast to 136 though, this could just zig zag around for a bit.
25.
Post 1897778 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Why this 15K buy within 10 minutes after 20 heures of coma ??
More confidence after watching the price not fall. It's been gradually rising for a while now and people want on board.
26.
Post 1897934 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Why this 15K buy within 10 minutes after 20 heures of coma ??
More confidence after watching the price not fall. It's been gradually rising for a while now and people want on board.
+1
but now the number of bitcoins for sale balanced the bids. Also... there's a huge wall at 150 and quite a bit of selling pressure. If the market chews this up, it will be in 200 in a few days. But it's much to chew... exciting
Actually the bids massively outweigh the asks/bitcoins for sale. Yes, there is a hill to climb to $150 but on the entire market, the bids are a tidal wave vs the asks. I agree it is exciting.
27.
Post 1902817 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Interesting, no big walls yet resistence is turning out to be quite hard to overcome both up an downwards. Could this be it? Could it finally stabilize and get its so called intrinsic value?
I don't see it comming down in the near future, but that wall at 130 is the longest lived in a loooong time.
Well it got to 132 yesterday so there was no wall there for a couple hours.
28.
Post 1904403 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Never a dull day at MtGox HQ. The DDoSers must be milking every last chance before the big exchanges at CoinLab anf CoinSetter arrive. Once there is more than one big exchange, DDoS of any one will have much less effect.
Can't mention the DDOS scapegoat enough?
They simply pull the plug if a selloff is on the horizon.
Nobody except the suckers who can't get out believes it any more.
I can't agree that a sell off was on the horizon. There was certainly a downtrend for the last 20 or so hours though, but it was gradual enough.
29.
Post 1904861 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
On the one hand they claim this is a layer7 attack then they show this prolexic report, which is about layer 3-4. If they have an attack vector for an application layer attack why spend the resources for a expensive network layer attack?
It still smells fishy to me.
If nothing else they are shutting down their service when under attack to prevent "lag"
Which is the only responsible thing to do. A ddos attacked market racking up lag isn't a normal market. Thus the only responsible way to fight back is to turn off the market for the time being till the attack passes. At which point allow people to trade normally once again.
30.
Post 1905251 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.53h):
Lag at 40 seconds. 110 starting to fortify.
31.
Post 1914885 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
This week is gonna be fun.
Praise Loaded!
32.
Post 1916300 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
wtf just happened?!
From 129 to 125 in 10 seconds
Some panicing fool wants to be the first one to sell and hopefully incite mass panic. I hope they fail miserably and lose coins..
33.
Post 1916318 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Lag completely gone at the moment.
34.
Post 1920812 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
That panic/trying to induce panic seller that sold 6k yesterday when we hit 129 must be a little stumped right now, lol. Good! (unless of course they wanted that money and planned to leave the market when the price hit 129...)
35.
Post 1920864 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
That panic/trying to induce panic seller that sold 6k yesterday when we hit 129 must be a little stumped right now, lol. Good! (unless of course they wanted that money and planned to leave the market when the price hit 129...)
Or yu know, he could have been smart and somehow moved the money to BTC-E for a big profit. It does seem a bit weird that suddenly there was a huge buy on BTC-E just a few hours later.
Was it you?
I hardly watch BTC-E so yeah I wasn't aware of that. Was it a 5-6k buy? That would need a big BTC withdraw limit on mtgox.
36.
Post 1924853 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
What if the whole crash was the mid-May'11 phase of the bubble (for those of you who were there back then)?
What if it all ends, not at $266, but at $1000?
I was here for the 2011 bubble, I would enjoy this scenario greatly!
37.
Post 1928654 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
This is quite scary. Let's analyze the facts:
- the interest in bitcoin is fading out after the crash, just check the google trend: https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
- there's still a lot of money at Gox, a lot of fresh money was delayed because of their epic queue, but you can bet that from now on the flow of fresh money will be slower (just check the google trend)
I think this rally needs to be supported by REAL news that improve the fundamentals, otherwise it will be just a trap before a slow decline.
IMHO, the best news would be a new company offering unlimited amounts of BTC for cash immediately - buying your first BTC is still slow and painful, and the first one changing that fact will really boost BTC.
The google thing isn't all that surprising. People saw the price drop and lost their excitement. It'll come back eventually and many will have missed the train.
38.
Post 1928789 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
I'd imagine those people getting itchy to sell will simply help create resistance by selling. But eventually they will be overcome.
39.
Post 1928843 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Also, the google chart really has searches falling back to end of March, early April levels which really isn't all the bad. It is vastly higher than it has been any other time than June 2011.
40.
Post 1928936 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Only 7800btc to get through 150. A lot of that wall disappeared in the last 5 hours.
41.
Post 1928948 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Only 7800btc to get through 150. A lot of that wall disappeared in the last 5 hours.
Some of them actually got sold into the bid side I believe.
Yes I believe so also, it was a big help in ripping that wall down hehe.
EDIT: Only 5400btc left to 150 now, haha.
EDIT 2: 4800btc left to 150. Dropping fast!
42.
Post 1928990 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Wow... 1200btc left at 150. Took 8 minutes, hahah.
43.
Post 1929017 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Nomnomnom $150 wall...
151. Die wall die!
44.
Post 1929155 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Bids are wavering. It never goes in a straight line. Asks are dropping like a stone, haha.
45.
Post 1929770 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
I've turned from short term bear to short term bull, the constant price gains set a mood of regaining confidence, generating buying spree and hysteria to hop in the bandwagon until the next bubble burst. $200
here we come!
"Return to normal"
For a lot of people 'normal' never left, haha. I've seen bitcoin do these mega drops like four times now over the last couple years. We'll see how this plays out but a continued rise wouldn't surprise me.
46.
Post 1930279 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
159! Enjoyable!
47.
Post 1932416 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Oh well, the more this happens on the way up the better off it will be. Would've loved to buy back in at $150 though
Yes, this is healthy.
48.
Post 1933132 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
So that's what drawing triangles on charts can tell you? That the price is going either up or down. Interesting.
Doubt as to where the further price moves are heading - the triangle shows that swing trades are narrowing the price range thus reducing the volume traded by day traders. I have heard that a break-out from a triangle is a strong indicator on the future direction. But some say it is a contrarian indicator lol.
Let us hope it is a contrarian indicator since the price just broke out below the triangle's trading range.
Big players are fighting it out now. Huge volumes.
If the price goes above 158, it would seem that the break out was a contrarian or maybe a fake indicator. But to me, TA is mostly entertainment. I am holding for the longest time and not daytrading.
Hehe, 159 right now.
49.
Post 1933173 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
So that's what drawing triangles on charts can tell you? That the price is going either up or down. Interesting.
Doubt as to where the further price moves are heading - the triangle shows that swing trades are narrowing the price range thus reducing the volume traded by day traders. I have heard that a break-out from a triangle is a strong indicator on the future direction. But some say it is a contrarian indicator lol.
Let us hope it is a contrarian indicator since the price just broke out below the triangle's trading range.
Big players are fighting it out now. Huge volumes.
If the price goes above 158, it would seem that the break out was a contrarian or maybe a fake indicator. But to me, TA is mostly entertainment. I am holding for the longest time and not daytrading.
Hehe, 159 right now.
Rather 153, dead cat bounce
I don't think two minute time frames get to count as dead cat bounces. haha
50.
Post 1933250 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
So that's what drawing triangles on charts can tell you? That the price is going either up or down. Interesting.
Doubt as to where the further price moves are heading - the triangle shows that swing trades are narrowing the price range thus reducing the volume traded by day traders. I have heard that a break-out from a triangle is a strong indicator on the future direction. But some say it is a contrarian indicator lol.
Let us hope it is a contrarian indicator since the price just broke out below the triangle's trading range.
Big players are fighting it out now. Huge volumes.
If the price goes above 158, it would seem that the break out was a contrarian or maybe a fake indicator. But to me, TA is mostly entertainment. I am holding for the longest time and not daytrading.
Hehe, 159 right now.
I don't think two minute time frames get to count as dead cat bounces. haha
Rather 153, dead cat bounce
you didn't mind 2 minute frame 159 though
can go anyway as always though
I wasn't claiming bear traps or bull traps or dead cat bounces. I was simply noting the price in relation to the previous post.
51.
Post 1935097 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
another dump.. crazy day, I'm good so far, hopefully it won't crash more
LOL that person was REALLY late to the party, and might just be kissing their coins goodbye. We'll see!
52.
Post 1940924 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
The crash/correction was trigger by some gradual downward selling that caused severe lag that in turn caused panic/lag selling. By the time we'd fallen from 266 to 220, there was like 40 minutes of lag and two or so hours had passed since the downward pressure began. While watching live I saw thousands upon thousands of sell orders go through. It wasn't a single 69k order from above 200 that sent us down, it would have taken us down instantly, not gradually over three hours as you can see in the chart below.
There is no 69k single order of coins sold on this chart:
http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-04-10zeg2013-04-11ztgSzm1g10zm2g25zv
53.
Post 1941019 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
On what day? Because that is the chart for the April 10/11 crash.
54.
Post 1954309 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
I think a weekly chart lumps a lot of different movements together during a time when the whole thing changes every days or three.
On the short-term, I like chopsticks and am bored so I drew some on the 3 hour chart:
What will we scoop from the bowl, beef or bear steak?
I'd say three hours a little too short term. What really appears to be happening is a triangle if you look at the 24hour chart.
55.
Post 1959847 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Slight upward trend. This is usually a bullish signal. My prediction is that the price will rise to 139 quite soon. This is little more than pure speculation, though.
More important than the trendline is the demand curve. Which is marginally bullish, at least in the range you zoomed too.
That is a super short timeframe unfortunately, channels don't really mean anything for timeframes this short.
56.
Post 1960204 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
That makes sense. But there is someone trying to drive the price up. Reminds me to a similar situation in the 60s just after the -> 53 crash.
Could also be a classic bull - bear fight. Now bear has dumped 2k to 131 - we'll see if bull reacts.
That bear was actually driving the price down. Stupidly placing a 1.5k wall lower and lower before finally panicing and selling into the 132 wall. That seems like compete amateur crap to me rather than manipulation attempt. The person actually thought someone was going to just buy their large'ish wall on a low volume Saturday but instead they just created a resistance and no one bought, thus the price couldn't go anywhere but down, and they chased it for the last couple hours, always lowering the 1.5k. In the end it went from 135 to 133 and finally they gave up and sold into the 132 bid wall. HAHAH what a joke.
57.
Post 1960274 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
That makes sense. But there is someone trying to drive the price up. Reminds me to a similar situation in the 60s just after the -> 53 crash.
Could also be a classic bull - bear fight. Now bear has dumped 2k to 131 - we'll see if bull reacts.
That bear was actually driving the price down. Stupidly placing a 1.5k wall lower and lower before finally panicing and selling into the 132 wall. That seems like compete amateur crap to me rather than manipulation attempt. The person actually thought someone was going to just buy their large'ish wall on a low volume Saturday but instead they just created a resistance and no one bought, thus the price couldn't go anywhere but down, and they chased it for the last couple hours, always lowering the 1.5k. In the end it went from 135 to 133 and finally they gave up and sold into the 132 bid wall. HAHAH what a joke.
TBH most of the time I read manipulator here I mentally replace the word with 'amateur trader'. Sure, the market is manipulated as all markets are, but not every trade that moves the market is a 'manipulation'. A lot of it is just overly emotional trading (panic at potentially missing an opportunity)
Lots of paranoia here me thinks
I agree
58.
Post 1960367 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
The walls to 120 are pretty damn intense. I don't foresee this busting through those.
59.
Post 1960382 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
The walls to 120 are pretty damn intense. I don't foresee this busting through those.
I think much blood will be shed before we find out for sure ...
I think that is a reasonable prediction, haha
60.
Post 1960418 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
I'm enjoying the forum at the moment, there is price movement happening and we don't have 'Idiot FUD Noobs' shrieking, crying and posting 1000 threads that are useless and only prove how stupid the OP is. Knock on wood.
61.
Post 1960521 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Yeah if you look at a chart, and someone has a huge bid order at say 120 for 7000btc it would take one huge seller or a whole lot of smaller sales to smash through 'the wall'. On a chart like bitcoinity or mtgoxlive it even looks like a vertical wall, ahha. Thus walls can pad a falling price and act as a kind of support. It is the vise versa for a sell wall. Its hard for the price to climb past a large 7000btc sell wall unless a couple big buyers come along, or there is plenty of collective buying volume.
62.
Post 1962003 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
I think we're going to a bear market, that is my feeling reading the forum.
I think it could be roughly similar to the sell off of last summer. It dropped down, climbed up, and then wavered around for months before finally climbing again in November/December.
63.
Post 1963736 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
He's tired not seeing CRASH.
He went bullish before he took off though.
64.
Post 1967660 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Not sure if this is significant, but we broke $130 just now in BTC-E, people in the troll box are dancing and all that.
I've danced too after selling what I had there at 131.5
Now bring the baby down to 120s again
Not so sure that will be happening. Especially with Monday/Tuesday on their way. We tested the 120ish support twice and are rising. We shall see.
65.
Post 1985677 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.54h):
Wow... pure stupid just arrived.
66.
Post 2002806 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
121 wall got destroyed!!!
It was total termination, hehe
67.
Post 2002829 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
What is happeniiiiing?!?!
Seems the market is confident after a test of the 100-110 range.
68.
Post 2002990 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area.
69.
Post 2003068 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area.
The hype is OVER for the "time being". If one is not day-trading it is risky to enter NOW.
Bitcoin didn't have hyped after the crash in summer 2012, it just humbly moved along and slowly rose. Lack of hype doesn't have to be the end of everything.
70.
Post 2003126 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area.
The hype is OVER for the "time being". If one is not day-trading it is risky to enter NOW.
Bitcoin didn't have hyped after the crash in summer 2012, it just humbly moved along and slowly rose. Lack of hype doesn't have to be the end of everything.
I didn't say its the end but the 2012 crash lead to a slow long slide to $2, so expect a similar slide albeit at a higher bottom.
BTW, Bid wall at 121 disappeared, clearly was an attempt to push the price by the same person pulling in 3.4k
Here comes the slide down...
Well, the 2011 crash lead to $2. The 2012 crash slowly hovered along sideways before gradually climbing over the months.
71.
Post 2003204 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
As I said in the thread you linked all this means is people can't be tax dodgers with bitcoin in the eyes of the government. Is this really a suprise to anyone?
72.
Post 2003238 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
As I said in the thread you link all this means is people can't be tax dodgers with bitcoin in the eyes of the government. Is this really a suprrise to anyone?
I would say yes about those with AnCap rose-colored Bitcoin glasses.
I suppose you are right! That is just lala land crazyness thinking in my eyes, haha.
73.
Post 2003549 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
This person/bot that keeps putting up 250-400btc around 122.50 is getting annoying, let it climb a bit and sell your coins for more... 124...126...
74.
Post 2003865 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
Haha we finally reached the blue line again.
75.
Post 2005069 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.
I'm usual have the bull in my blood, but feeling the bear lately. I'd love $10,000usd per coin by Christmas but I think that is just way too high.
76.
Post 2005199 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
Double digits return!!
77.
Post 2005283 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
It's all about catching the bottom now. But who knows if it'll come today or in weeks.
Or months.
Days, weeks, or months, I'll be here ready and waiting. Come to me cheap coins, I await thee.
78.
Post 2005951 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.55h):
Confession: I've been out of the game with all my money on gox for a while. It has all been sold at $140 and upwards.
Unfortunately, I think my speculation on the nature of the bubble burst was off. This was a major upswing, and I realize the differences now.
Minor upswings ($15.38 in Aug'12) are characterized by (1) not too much press and (2) slower userbase growth. The nice thing about that is that when the faucet of new funds is turned off, a complete crash does not happen. It crashed from 15.38 to 7.58 before bouncing, and gradually went up to 13 again. Overall, pretty stable boom-bust-recovery.
Major upswings are rapid phases of adoption. Unfortunately, when the fountain of new funds is gone, these seem to burst painfully.
However, the upswing this time was accompanied by great development of fundamentals (userbase growth, service growth, awareness, interest from VCs + SV + the "mainstream"). In two years, I'm sure the bulls will be winning. There hasn't actually been too much catastrophically bad news for the Bitcoin economy, in comparison to '11, and this is simply a case of deflated expectations (including my own). The crash may be painful but this is certainly not going to be the death of Bitcoin, so I think it is very reasonable to wait for the bottom, buy in, and then watch it go to new ATHs
We might have to be a bit patient though.
These are my thoughts exactly, I await the bottom just as I did in 2011 for all those months. I wonder how long it will take this time....
79.
Post 2026398 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Fun to watch a manipulation wall get destroyed.
80.
Post 2026442 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Fun to watch a manipulation wall get destroyed.
it's removed, not destroyed
No it was eaten at 111.30. 200btc remained out of the original wall.
81.
Post 2026481 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Fun to watch a manipulation wall get destroyed.
it's removed, not destroyed
No it was eaten at 111.30. 200btc remained out of the original wall.
I've seen only few coins eaten from it on moody and bitcoinity unless I missed something.
Must have just missed it.
82.
Post 2029431 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
HAHAH someone just bought 345 up so they could sell 345 down, HAHAHA
83.
Post 2031758 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
118 so far!
84.
Post 2043969 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Wall at $120 growing.
Lol thats the best gif.
I wouldn't have done the three point turn. Right on up over the curb for me, gentle, don't want to blow my tires, but damn no way I'm bothering with a three pointer, AHHA.
85.
Post 2044006 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Wall disappeared, time for the price to come falling down.
Someone tell Wallzilla that Monday is a banking holiday in Japan. We need him to get us to Fiat Tuesday at least. That mini-wall at $110 aint helping shit!
This Wallzilla only wanted to help himself to sell his coins higher. Probably at around the 120s and then he pulled the wall so it will drop.
86.
Post 2047824 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
And begin!
87.
Post 2047848 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
HAHA someone is desperately buying trying to prevent this from looking like the top.
88.
Post 2048029 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Already 7000btc just to get back to 125, lol.
89.
Post 2048050 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
HAHA someone is desperately buying trying to prevent this from looking like the top.
Price drops to 117, and he clears out the asks to 124, hmmm....
I really whoever is doing this. Seems like an overconfident rich kid
Another reason never to place market orders without a corresponding limit order.
Yes it does feel like that. Right now they seem to be throwing a tantrum that the price is dropping and and willing to buy a lot of BTC up to 124-125 in hopes to restart the climb.
90.
Post 2048080 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Already 7000btc just to get back to 125, lol.
Maybe the same guy that did a market order for 50k btc Friday is the one with the 2 million dollars bid wall and his trying to save the ship with these market orders now?
Someone big wants (or wanted) us to go higher... Much higher.
Yes it does feel like attempts to 'save the ship' with all these bizarre market orders. They should lay off and let the market to its thing.
91.
Post 2048098 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
It looks like bears are running out of bullets. These are mini sell offs
They're placing asks in hope for another huge market buy order.
That is a good observation, probably the case.
92.
Post 2048129 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Did the Wallmaker/Manipulators bot just go insane with market orders or something? lol
93.
Post 2048174 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Team red is running low on ammo, folks...
Running low on ammo eh?
94.
Post 2048196 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Lol
We gone from 80 to 125 in 2 days and bears can't even take it down to 120.
Can't profit from this war though, so can we have a winner and do these movements within some boundary.
They took it down to 115 in the last couple minutes. What charts are you looking at?
95.
Post 2048230 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Lol
We gone from 80 to 125 in 2 days and bears can't even take it down to 120.
Can't profit from this war though, so can we have a winner and do these movements within some boundary.
They took it down to 115 in the last couple minutes. What charts are you looking at?
Man, they took it down to 115, but it doesn't seem they have enough bullet to even test $100 ATM.
Yes, perhaps so, haha, but 115 is different than 120, and I was simply noting that.
96.
Post 2048388 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
As Eurotrash said, the rice is not going to sink straight to the bottom. Patience...
Though the fact so many of us here expected this dump, may have a dampening effect.
I agree, the rice never sinks straight to the bottom, it always seems to float for a bit!
97.
Post 2051725 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
bye bye 115
Bye bye 114, hello 113.
98.
Post 2051769 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
KABOOOM! Escape while you can!
99.
Post 2051864 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
can 110 hold? t.a views please.
Doubtful, almost terminated already. 10k coins gone in minutes.
100.
Post 2051913 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.56h):
Everyone run for the hills, it's going to $40 this time
Yeah, I wish...
It actually not THAT unlikely. It could hit 40 and still continue upwards afterwards. We will see what plays out though.
101.
Post 2062256 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
Nope nope nope nope nope. Not believing in it. Sold.
I think this will be a smart decision. Already 1200btc leading back to 110 and growing.
102.
Post 2065091 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
Someone is trying hard to prop the price up.
103.
Post 2065145 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
Great news for a company. The market will do its own thing unless there are 1000 of those stories coming along.
Gotta love the way the walls have changed now. LOL. This wallmaker/manipulator pump and dumper is hilarious.
104.
Post 2065217 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
$110 is holding...
Quick bulls, do something, or we'll fall back down!
It's been a tense hour, but I just wasn't 'buying', lol, that 110 was going to fall. Aside from a pretty lame and desperate spike to push it up into 112. So far I've been right. We will see what happens, but I anticipate the drop will begin again.
105.
Post 2065290 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
$110 is holding...
Quick bulls, do something, or we'll fall back down!
It's been a tense hour, but I just wasn't 'buying', lol, that 110 was going to fall. Aside from a pretty lame and desperate spike to push it up into 112. So far I've been right. We will see what happens, but I anticipate the drop will begin again.
When did you turn into a bear?
Why would anyone spend money to spike the price up?
I'm only temporary bear, been so for a couple days. I've been kinda bullbearish for a while. I'm mid and long term bull but I just don't feel this rise from 97 was warranted. Maybe I'll be wrong, I'll be happy either way! haha
106.
Post 2065311 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
The person pushing the price up could also be placing all the ask walls of 100. Trying to get people to buy them. There are people that have admitted to buying their own massive walls in order to create a bull rush/rally. These people have so much money they don't care about the fees of buying their own walls as long as they make more profit in the end.
107.
Post 2065366 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
The person pushing the price up could also be placing all the ask walls of 100. Trying to get people to buy them. There are people that have admitted to buying their own massive walls in order to create a bull rush/rally. These people have so much money they don't care about the fees of buying their own walls as long as they make more profit in the end.
I don't know. Reddit looks quite bullish. 40k subscirbers was passed today and it is already 40,116.
Plus top headlines:
Ex-Facebook Exec says Facebook Should Bring Bitcoin into the Mainstream. Wow! (businessinsider.com)
Coinbase Nabs $5M in Biggest Funding for Bitcoin Startup - WSJ (blogs.wsj.com)
How 23-year-old Charlie Shrem became a millionaire through Bitcoin (londonlovesbusiness.com)
This was enjoyable to read. My bullish instincts ignited a bit, lol. I still wouldn't mind a drop before our push upwards.
108.
Post 2066852 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.57h):
HAHA 230 up, 230 down. Always gotta wonder if it is a mistake, or simply someone buying up so they can sell down immediately, hoping the price will drop.
109.
Post 2131822 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.58h):
well, cheap coins are here... this is it, the moment you've all been waiting for
The fall will happen today. India (second largest economy) market fell like 500 points.. biggest in 5 years. Nasdaq and Dow will go down today....
people will want to recover cash by selling something to buy other stocks...(at their lowest price)
highest at peak is BTC...
so be ready in 2 hours for big sells
Pretty bad logic there. You move money into things of value, not the other way around. Don't try to catch a falling Knife...
The markets are up due to the Quantitative Easing funneling money into markets. They will print more but this can't keep up. Hence why BTC is up, a reflection of inflation (unlike manipulated gold/silver, which is only partially a reflection).
Money starts to move again in to BTC now.
Bitcoin is up because people saw the media attention and saw a way to get rich quick. Nothing more, nothing less.
bold statement... I don't think anyone with a brain now will be expecting to get rich quick from bitcoin... I think there is more to it than that. It's a lot of effort to get involved in bitcoin. Once that (time and energy) investment is made, I doubt everyone will just "walk away" completely.
citing myself as an example. I came for the "get rich quick" I stayed for the "experiment" (yes I'm up a bit, but that could all dissappear if the experiment fails)
Been in bitcoin since May 2011 and I still think 'get rich quick' is a possibility with bitcoin considering how much money I've made now.
110.
Post 2135523 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.58h):
big sell wall pushing the price down. Is it a short and distort?
It's an Idiot Wall. Either an idiot trying to push the price down, or an idiot thinking they were 'selling into (non-existent) strength' when it was rising up to 118, hahaha. Seems more likely to be someone trying to push it down.
111.
Post 2147712 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.58h):
For the past 8 days the rate has been unusually steady hardly any fluctuations, I can see a pump and dump is due within the next couple of days> I expect the price to increase a moderate 5-10% more then we will see a sudden dump with a 30% fall then a steady increase as people get out their poop scoopers to collect the cheaper coins that others lost shitting their pants
Is my prediction coming true? BTC was $118 when I wrote this, now down to 110, heading below $100 I say
God I hope so! Sub 100! 40! Please 40$ LOL
112.
Post 2159022 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
I don't know why everyone is hoping for a DDOS. That's only going to hurt Bitcoins reputation even more, so nobody will take it seriously anymore. It's gonna hurt Bitcoins value in the long run...
Hasn't hurt its reputation yet, they happen so often no one cares. Really isn't an issue.
113.
Post 2173206 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
Buy Bitcoin while you still can. The price is being be held stable by big money for the Silicon Valley conference. The price will soon explode upwards.
Captain Cook has spoken!
114.
Post 2181903 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
9000btc wall at 118.
115.
Post 2181909 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
9000 buy wall at 118
Beat me by seven seconds!
116.
Post 2181936 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
That buy wall gotta be fake...attempt to push it over 120.
I got my finger on the trigger though, as soon as I see 120.01 I'll buy the hell outta Bitstamp.
Yes, fake for sure, it is just someone saying 'i've got your back, now buy!!'
117.
Post 2182054 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
Most excellent, only 2k left at 120!
118.
Post 2182090 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
New Bulls coming through! Old Bulls GET THE FUCK OUTTA THE WAY!Rally time bitches!
If you're waiting for a special invitation to buy back into the market, it was just delivered! OMG that made me laugh so hard. I feel bad for the small one!
119.
Post 2182160 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
OMG that made me laugh so hard. I feel bad for the small one!
I've been sitting on that one for a week. About time I got to use it.
Thank you for unleashing it!
120.
Post 2182336 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
Dear bulls
Not to rain on your parade or poop onto your party, but:
The real breakthrough we have to wait for before declaring motherfucking UPTIME is 125. You know that, right?
120 is great and all, and it means the Dwolla news have been digested and SHAT OUT AGAIN (what's with the feces today?), but it's not yet a confirmation that we're back in the infamous mid-January trend.
Just wanted to point that out.
Now carry on with the party
Many people know that, but 116-120 became a strong resistance and had its own triangle within the larger 125 triangle.
121.
Post 2182778 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
125.52! 6k buy?
122.
Post 2182842 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
In ye olden days (bout 2 month ago) this would have caused a 20+$ rallye.. seems the crashcorrection caused people to be more cautious.
This isn't over yet. We also have a couple resistances to get through. Its only been an hour or so. Going up $20 in an hour is crazy intense.
123.
Post 2182986 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
Aaaand... there comes the dump.
300 whole coins, hardly worthy of being called a dump just yet.
124.
Post 2183129 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
Hell yeah!
125.
Post 2183368 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
Anyone tell me how to get my BTC out of MT Gox I have been on chat support with no help for 20 minutes.
Go to the withdraw button!
126.
Post 2183554 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
120$ HELLO AGAIN
Have you never seen a rally before? Doesn't go in one endless straight line up.
127.
Post 2183714 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
This morning, Bart Chilton of the Commodity Futures Trading Commision said, about Bitcoin, quote:
"They don't exist. And I didn't want to regulate them. I didn't want to put the government's stamp of approval on Bitcoin."
Source:
http://video.cnbc.com/gallery/?play=1&video=3000169018Excellent.
First they ignore you.....
hmmm, he's worried about talk of regulation legitamising the coin?? therefore backpedaling and trying to not even recognise it's existence?
He probably means they don't physically exist like paper and metal.
128.
Post 2183814 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
HAHah that nearly 2k wall at 125.3 or wherever it was retreated fast.
129.
Post 2186955 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
[/img]
Should go south soon.
Your upper line is way off unfortunately.
130.
Post 2187446 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
mmm munching away at 125.31
131.
Post 2187484 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_10.59h):
There's a strong buy wall right now, and the sell wall is vulnerable.
That 1300 wall has been reduced to 500 so far. Not THAT strong.
132.
Post 2256468 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.00h):
Hey bulls i have question for you who bought at 130$ ? buhahaha
Price slowly grinding up for days, gets through strong resistance at 125, speeds up today, has a pretty standard correction... fools start jumping for joy like this is the first time they've ever seen a correction.
133.
Post 2288751 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.00h):
HAHAHAHAHHA WALL TERMINATED! I wonder if the person just bought their own wall.
134.
Post 2288764 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.00h):
and up we go
LOL
135.
Post 2309816 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
It has begun!
136.
Post 2322143 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
Holy selloff batman!
Or, holy shakedown
Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.
I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox.
Wire transfers are pretty easy to use to withdraw fiat from MtGox.
137.
Post 2322155 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.
138.
Post 2322210 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.
Well... it did drop
Yes, a drop created solely by the seller and completely useless to him unless it goes way further.
139.
Post 2322221 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
This needs an ask wall to work.
Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.
Or just someone that needed his $500k for a new cozy flat.
Should have sold slower if that was the case.
140.
Post 2322261 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
30 day trend is still clearly up.
+! indeed!
141.
Post 2347475 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again
I highly doubt it, the trendline since 50 has now been pretty brutally smashed. I feel 100 isn't far off at this point. I don't care about the buying happening at the moment, just the bounce after a huge drop. This feels like a desperation push by a big player, we could be testing the broken trendline now before continued drop. These big players should have come out in the last couple days to get us over 132-135. Already back at 123 before I finished this. Lets see where we go. I'd love to be wrong.
142.
Post 2347544 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again
I highly doubt it, the trendline since 50 has now been pretty brutally smashed. I feel 100 isn't far off at this point. I don't care about the buying happening at the moment, just the bounce after a huge drop. This feels like a desperation push by a big player, we could be testing the broken trendline now before continued drop. These big players should have come out in the last couple days to get us over 132-135. Already back at 123 before I finished this. Lets see where we go. I'd love to be wrong.
Damn, going back to 100 would be really bad.
Yep, after that... this could potentially take us back all the way to test $50 again, maybe even $40. It would be the buying opportunity of the lifetime if we climb again after that, but this could take many months, and it is only a buying opportunity if it doesn't break lower then that of course. Confidence will be smashed for a good long time if we start dropping to that range. Arrggg I hate this, I would have much rather things just continued up.
143.
Post 2347554 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
Supposing that the big sale was a shock and not a trend reversal, I expect that a triangle consolidation pattern will unfold on the 15-minute chart, perhaps with the apex at $125.
But we ripped straight through the trendline we've been on since 50.
144.
Post 2347611 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again
I highly doubt it, the trendline since 50 has now been pretty brutally smashed. I feel 100 isn't far off at this point. I don't care about the buying happening at the moment, just the bounce after a huge drop. This feels like a desperation push by a big player, we could be testing the broken trendline now before continued drop. These big players should have come out in the last couple days to get us over 132-135. Already back at 123 before I finished this. Lets see where we go. I'd love to be wrong.
Damn, going back to 100 would be really bad.
Yep, after that... this could potentially take us back all the way to test $50 again, maybe even $40. It would be the buying opportunity of the lifetime if we climb again after that, but this could take many months, and it is only a buying opportunity if it doesn't break lower then that of course. Confidence will be smashed for a good long time if we start dropping to that range. Arrggg I hate this, I would have much rather things just continued up.
I believe its the 8k wall which is to blame , creating a false sense of security and when a big whale saw an opportunity to take advantage of it,creating a panic by eating that wall,now its worse than what would have been a normal retest..
Yeah something along those lines I think. My theory is that the wall was actually the seller. The Wallmaker simply wanted to sell as many coins close to 130 as possible. He knew the treadline had already been basically broken a day or two ago, he could have helped it with his super money if he had the confidence the market would follow him, but he didn't. Thus he created the large bid wall to create a false sense of security so bids would pile up above his wall and he slowly sold. When the time was right he could just do one massive sell down to his wall, remove his wall, sell even more and then let the games begin. May have even sold into his own wall to create fear.
This was my theory the moment that wall was created. I really, really wanted it to be wrong. I think I might have been right on it though. =(
145.
Post 2347640 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again
I highly doubt it, the trendline since 50 has now been pretty brutally smashed. I feel 100 isn't far off at this point. I don't care about the buying happening at the moment, just the bounce after a huge drop. This feels like a desperation push by a big player, we could be testing the broken trendline now before continued drop. These big players should have come out in the last couple days to get us over 132-135. Already back at 123 before I finished this. Lets see where we go. I'd love to be wrong.
Damn, going back to 100 would be really bad.
Yep, after that... this could potentially take us back all the way to test $50 again, maybe even $40. It would be the buying opportunity of the lifetime if we climb again after that, but this could take many months, and it is only a buying opportunity if it doesn't break lower then that of course. Confidence will be smashed for a good long time if we start dropping to that range. Arrggg I hate this, I would have much rather things just continued up.
I believe its the 8k wall which is to blame , creating a false sense of security and when a big whale saw an opportunity to take advantage of it,creating a panic by eating that wall,now its worse than what would have been a normal retest..
Yeah something along those lines I think. My theory is that the wall was actually the seller. The Wallmaker simply wanted to sell as many coins close to 130 as possible. He knew the treadline had already been basically broken a day or two ago, he could have helped it with his super money if he had the confidence the market would follow him, but he didn't. Thus he created the large bid wall to create a false sense of security so bids would pile up above his wall and he slowly sold. When the time was right he could just do one massive sell down to his wall, remove his wall, sell even more and then let the games begin. May have even sold into his own wall to create fear.
This was my theory the moment that wall was created. I really, really wanted it to be wrong. I think I might have been right on it though. =(
Yea i noticed the consistent 300-600 dumps yesterday.That is a hell of a Masterplan.. Trading is stuck at 'Apex' now..
Yes! Exactly. I noticed those 300-600 sells happening pretty consistently too. Sell... let it build back up again... sell another 400... repeat.
146.
Post 2347681 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
I think some try to read too much into this, it's just big players trying to manipulate the market to their advantage. There is no reason to get wet dreams about $50 already, bitcoin does whatever the fuck it wants. Perhaps tomorrow it will rally up to $140. At least that sounds more likely than seeing $50 again just because some whales had a pillow fight just now.
The only reason I say this is because the market has now completely and utterly terminated the trendline we have been climbing since 50 well over a month ago. All the big selloffs since then have simply bounced off the trendline and continued upwards, but this time the price has torn straight through it. Some people don't believe in trendlines and analysis, but all my experience has shown them to be remarkably useful, and its just a mass human psychology in the end. Like I said before, I'd love to be wrong, I hated the drop from $32 - $2 even if I benefitted greatly in the end.
147.
Post 2347696 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.01h):
Well, looks like were back at 2 weeks ago. We'll reach 130 again in 10 days followed by another big dump and repeat it all over again
I highly doubt it, the trendline since 50 has now been pretty brutally smashed. I feel 100 isn't far off at this point. I don't care about the buying happening at the moment, just the bounce after a huge drop. This feels like a desperation push by a big player, we could be testing the broken trendline now before continued drop. These big players should have come out in the last couple days to get us over 132-135. Already back at 123 before I finished this. Lets see where we go. I'd love to be wrong.
Damn, going back to 100 would be really bad.
Yep, after that... this could potentially take us back all the way to test $50 again, maybe even $40. It would be the buying opportunity of the lifetime if we climb again after that, but this could take many months, and it is only a buying opportunity if it doesn't break lower then that of course. Confidence will be smashed for a good long time if we start dropping to that range. Arrggg I hate this, I would have much rather things just continued up.
what are u smoking and can i not have some of it?
I'm smoking good old technical analysis, and I hope I'm wrong. I really dislike FUD, and I'm usually a bull. But I won't stay perma bull if it just feels wrong. I'm just discussing my thoughts at the moment.
148.
Post 2467916 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.04h):
It begins!
149.
Post 2467929 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.04h):
Action?
Edit: So, who thinks the 3k at $105 will be pulled?
I do, perhaps after a good bite out of it, we shall see.
150.
Post 2468047 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.04h):
HAHAHHA WALL TERMINATED!
151.
Post 2470338 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.04h):
99$ we meet once again... mu hahaha
152.
Post 2532812 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.06h):
I wish that wall at 115 would get removed.
People are willing to buy, the price wants to go up. Why sell at 115.
I'd imagine many people still believe we are in a general mid term downtrend even with long term still up. I too have this feeling. But the recent 2 weeks time out on USD wire transfers does make things odd.
153.
Post 2537717 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.06h):
Some big impatient big buy at $115 .. weird.
Just a whale trying to push us up over the downward trend line.
154.
Post 2537741 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.06h):
Some big impatient big buy at $115 .. weird.
Just a whale trying to push us up over the downward trend line.
I think it is more like someone that need to transfer money out of MTGOX quickly are buying all the bitcoins he can, and moving the bitcoin to other US wire friendly exchange instead.
Perhaps so, and then their timing is incredible. But really who needs $500,000 that fast? haha, I'm sure for the ultra rich that the situation could happen, but I just don't see it.
155.
Post 2628539 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.07h):
All I have to say is "FINALLY!" been waiting a month and half, maybe longer for this. Felt like such a waste of time, people holding onto the hope of higher prices. I'm a long term bull but I think we have to go down before we can go back up again. The good old bitcoin way, hahaha.
156.
Post 2643993 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.08h):
New low.
Finally, this is so tiresome watching the market drag out the inevitable. I do want it to go up, but it damn well is going down first so let's get it over with already.
157.
Post 2717296 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.10h):
I apologize to all the people who have been tricked into panic buying and are now making up stories how Bitcoin is worth well north of triple digits and going into denial mode again.
I feel bad for these people too. I'm mid/long term bullish, but I've got short to bear in my blood. Needs to go down before it can go up. Watching it go up to 104 last night felt like pure stupid... and I'm someone that WANTS it to go up, lol, but it has to be when the time is right. 104 was just the top of the downward trend channel. I just want the agony to be over already and too excited bulls are dragging it out, haha.
158.
Post 2736869 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.10h):
SERIOUSLY FUCK WHY DOESN'T SOMEBODY 1000 BTC DRIVING ME CRAZY HERE
Perhaps the market truly doesn't want to go over 100 just yet. The downward channel upper line is at 100ish, and 100 is a psychological number. I'd be happy if we went over and started a new rally, I'd also be happy if was dropped much further before beginning a new rally, haha.
159.
Post 2788577 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.11h):
Such enjoyable news. I never believed he was anything but a scammer, it just seemed crystal clear. For great justice!
160.
Post 2926137 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
I enjoyed watching that.
161.
Post 2929906 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Knocking on $114. Shit just got real.
Hell yeah, look away from the computer for 10 minutes and all kinds of fun happens. Goodbye 110-112 resistance.
162.
Post 2943959 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
HAHA nice, big buy!
163.
Post 2949808 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
There seems to be a bit of falling wedge pattern happening. It doesn't look too strong from what I'm looking at, but could be something. It would break upwards soon... if it does break upwards... which seems likely.
164.
Post 2952285 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
There seems to be a bit of falling wedge pattern happening. It doesn't look too strong from what I'm looking at, but could be something. It would break upwards soon... if it does break upwards... which seems likely.
Nice, this happened just as was predicted.
165.
Post 2952364 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
There seems to be a bit of falling wedge pattern happening. It doesn't look too strong from what I'm looking at, but could be something. It would break upwards soon... if it does break upwards... which seems likely.
Nice, this happened just as was predicted.
C'mon, fess up ... it was you all along wasn't it
Translation:
Mu ha ha ha mu ha ha haaa!
166.
Post 2952640 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Ya two megas came onto the order book.
twas the whale mating call ...
Joking aside, just shows how much money these buyers have sitting on the sidelines at Gox to prop up the price if they should choose
Clearly it is related to the 5k buy - probably all from the same person. How long they stay there is anyone's guess. Seems like an invitation to join the party for now ...
Yes it was the mating call, attracting all the bitcoins into my wallet.
167.
Post 2961621 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Silly little askwall promptly eaten.
Devour!
168.
Post 2961672 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
$180 within 12 hrs. it is certain.
fuck you bears.
*edit*
bam, just hit $120. we on unstoppable tear
Kaboom!
169.
Post 2961697 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
still 2 digits on bitstamp and btc-e, what gives
The wall is getting some bites into it though.
170.
Post 2961720 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Ahhh,a nice little bidwall to slow slippage. Good.
Next stop, into the 120s.
They rarely last. But into the 120s regardless.
171.
Post 2961817 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Only 48k coins left on the Ask book on gox according to clarkmoody?
Lots of panic buying to move wealth out of the place...
this. people fed up with mtux not getting his shit together and leaving for good, taking the price higher and higher in the process.
other exchanges follow with a lag.
this could ignite quite a rally we can then "thank" magicaltux for.
and then mtgox down sizes and can actually handle the volume...
and we have another rally because things are good
LOL, awesome, haha.
172.
Post 2961883 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Into the 120s we go.
EDIT: And another 700btc ask wall devoured. The frenzy is on!
173.
Post 2964996 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
That is nice to see, thanks for the post. Has Gox addressed this publicly though? Why just in a thread (and who are those characters? Any Gox affiliation?)
While they have been improving, Gox has always been bad addressing the public and communicating. It is like they freeze up and get scared as to how people will react until finally it is too big of an issue and MUST be addressed. Doing this instead of having relieved the pressure earlier when the community wasn't as pissed. At least it always feels like that. Or... they just don't care. haha
174.
Post 2968420 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
1K bidwall at 120 just went up.
175.
Post 2969318 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Nearly 1.5k buy. Interesting last couple hours.
176.
Post 2969331 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
3k buy!!!
177.
Post 2969389 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Some people couldn't wait for 1 day to buy lower, that's worrisome.
Anyway, now it's only 3k until 111, if someone wants to sell big.
Where are you seeing that? I see 3000btc would get us down into 116 range. 111 would take 15000btc sold.
178.
Post 2975921 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
Enjoyable buy!
179.
Post 2976293 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.13h):
But the walls guys, 180 is just around the corner.
new prediction new all time high will to be set in September
LOL yes please, haha.
180.
Post 3043384 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.14h):
Am I the only one scared right now? I mean im 100% BTC, but.... uhh, this rise... its.. there are no more coins after 150.
They will pile up in new walls, always happens.
181.
Post 3043516 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.14h):
really hope this bubble can shoot bitcoin all the way to $200 and beyond.
I'd say this is a rally, not a bubble.
182.
Post 3049750 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.14h):
146..!
The climb continues.
183.
Post 3067352 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.14h):
This is starting to remind me of the day before the drive through 125. Keep the price within $5 of the wall, buy up to a buck or so of the base of the wall when the asks fill in but don't drop a big bidwall, and keep refreshing small bidwalls to maintain the $5 spread.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Based on the number of triangles in the last month I've wondered if the whales artificially control the creation of triangles using methods like what you are describing. Create the triangle and then punch through it causing a surge of others to join in and help push things up as they follow. I've ponded this before during others times in the market.
184.
Post 3067530 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.14h):
This is starting to remind me of the day before the drive through 125. Keep the price within $5 of the wall, buy up to a buck or so of the base of the wall when the asks fill in but don't drop a big bidwall, and keep refreshing small bidwalls to maintain the $5 spread.
Some people thought it might be a hammer but the 125 wall was eaten, not pulled.
Get ready. I think the next whale move will happen in less than 24 hours.
Based on the number of triangles in the last month I've wondered if the whales artificially control the creation of triangles using methods like what you are describing. Create the triangle and then punch through it causing a surge of others to join in and help push things up as they follow. I've ponded this before during others times in the market.
You think?
Yes I certain do think. As to whether it is true or simply the market naturally creating the triangles is a completely different issue, haha.
185.
Post 3073207 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
All of the movement since the rise on the 31st is still playing out a pretty effective triangle. It did a little break downwards before the big buy earlier, but all of the movement still fits pretty well after that. The triangle's current end will be around September 5th - 6th.
186.
Post 3073277 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
Something like that usually happens with triangles, ahha. They break up or down. The whales have been breaking them all up for a month so far, seemingly almost designing the triangles themselves. Even the whale buy earlier effectively bought up to the upper line of the triangle from the bottom.
187.
Post 3073399 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
Well it is all gone now, the owner of that wall sold the last 600 down to 143.
188.
Post 3082755 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
Just increased my position on this. See how we go. Next stop the moon.
Bulls cheering, bears cowering, newbies buying.... time for a shakeout.
Yep, sorry tobyaus.
This is a healthy correction in an upwards trend. A good breather after two months of climbing up.
189.
Post 3082797 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
For sure, you certainly called that it was on the way, hehe.
190.
Post 3083600 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
We have seen this a couple times before when the market raised quickly, a minor crash followed by a quick re-buy in. Think it is because Ms. market is jumpy and expects a correction. Think we'll hit 140 again in 6 hours.
+1
If the spring pattern repeats itself.
191.
Post 3091991 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
This is my favorite slide:
So the message here is (since this is the speculation forum): NSA has cracked Bitcoin, therefore one should sell.
---
http://www.cbc.ca/news/world/story/2013/09/05/world-nsa-cryptography.htmlDuring a Web chat organized by the Guardian on June 17, Snowden told one questioner that "encryption works." Snowden said that "properly implemented strong crypto systems" were reliable, but he then alluded to the NSA's capability to crack tough encryption systems. "Unfortunately, endpoint security is so terrifically weak that NSA can frequently find ways around it," Snowden said.
It was unclear if Snowden drew a distinction between everyday encryption used on the Internet -- the kind described in Thursday's reports -- versus more-secure encryption algorithms used to store data on hard drives and often requires more processing power to break or decode ---
192.
Post 3092021 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
So remember when I said I was contacted by eBay and everyone had a good laugh and called bullshit? Well this was on reddit;
http://pages.ebay.com/sellerinformation/growing/categorychanges/coins.htmlScroll to the very bottom;
September 2013 new addition Virtual Currencies
"The full list of the category changes & their corresponding category number can be found by clicking on the category links below. These changes will be live in mid September."
I think everyone's too busy jumping to conclusions about the NSA...
Anyway, I think it's great that ebay/paypal decided to embrace it. I'm not all that surprised, really. Yeah, paypal might be evil and bitcoin is definitely a threat to them but it's also an opportunity to evolve and I think they realize that. Being irrational and fighting bitcoin to the very end is something that's mostly going to be reserved to the banks, imo.
I don't think this NSA thing will lead to much, at least those are my thoughts at the moment. Snowdon had some serious information and he did say that encryption DOES work, just not all of it, only the best works. Bitcoin is the best.
193.
Post 3113196 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
The triangle may be ending by going up. We hovered around 125 support pretty much all weekend, a number of dips into 124, but generally all around 125. Lets see how this unfolds.
194.
Post 3115200 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.15h):
The triangle may be ending by going up. We hovered around 125 support pretty much all weekend, a number of dips into 124, but generally all around 125. Lets see how this unfolds.
LOL damn that worked out. I went into a three hour meeting and couldn't actively watch this other than on my mobile. Awesome.
195.
Post 3183690 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
We appear to be breaking up out of the triangle that has been forming over the last week. We shall see if it actually happens.
196.
Post 3205500 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
LOL WTF? Saturday idiot?
197.
Post 3205676 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
<irrelevant exclamation without context/>
I guess you weren't watching the charts half an hour ago.
198.
Post 3205713 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
<irrelevant exclamation without context/>
I guess you weren't watching the charts half an hour ago.
nope. what happened?
You can look at them now.
199.
Post 3205739 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
<irrelevant exclamation without context/>
I guess you weren't watching the charts half an hour ago.
nope. what happened?
~300 buy followed by ~1500 sell...? Not really sure what the big deal is. Nothing uncommon at all happened.
Wasn't a huge deal, but random out of nowhere on a rather slow Saturday. Pretty much a 'Saturday idiot' scared for no reason, selling and bringing the price back to the rising July trendline. OR someone trying to induce a panic on a slow day... but still only selling to bring the price to the trendline and no one else seems to be biting the fear bait. If they genuinely just want the money, it wouldn't be that hard to sell in chunks and get a better price.
200.
Post 3205839 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
Currently we are not at a top, but at the bottom of a rather large triangle AND a trendline that has been climbing since July. The sell hit the trendline perfectly, and there were no panic sells to follow, probably because of the trendline support. The price had also been stabilizing for two days so it was rather random. Perhaps this persons goal was to simply hit the trendline again to further convey its supportive strength to others in the market.
Selling at the 140s would have been selling close to the top of the triangle and could be smart if the plan is to buy at the bottom of it. Buying at the lower end of the triangle would a a reasonably smart idea. Selling at the bottom of the triangle, but not selling enough to burst through the supporting trendline... not so smart unless you need 150k immediately and can't wait a couple hours to slowly sell and make more money.
201.
Post 3231726 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
50 BTC are 50 BTC, maybe you can easily say "only" about that amount, but it's certainly more than I'd want to lose. Not to forget what it might be worth in a year or 2
you seem to be willing to let go of it entirely
Don't get me wrong. 50BTC is certainly more than I intend to lose. The reason I said "only" is that I'm glad the bulk of my coins are elsewhere.
What bugs me is the fact that I'll have to get a passport or provincial age-of-majority card (at the age of 65) just to get back what is mine. This is almost as ridiculous as being IDed at the Skydome to buy a beer when I was 60 years old. At that time I simply went to a different kiosk. This requires a lot more fuss and expense.
When MtGox announced back in May, following the Dwolla and Wells Fargo seizures and Liberty Reserve bust, that they were requiring identification for fiat transfers, they specifically stated that Bitcoin transfers were unaffected so I left my coins there.
Now it seems that they were lying all along. Shame, shame, shame.
I was about to link you the Ontario Photo ID card, but that is the 'age-of-majority' card anyway. That is what I would be getting under this situation. Yes it would be a hassle, but those 50btc have the potential to eventually be worth over anything from $50,000 - $500,000 - $5,000,000 depending on who you are listening to, haha.
http://www.ontario.ca/government/ontario-photo-card
202.
Post 3250307 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
If $140 falls...
I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.
203.
Post 3251177 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
If $140 falls...
I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.
Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.
Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)
204.
Post 3258522 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
If $140 falls...
I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.
Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.
Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)
Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.
205.
Post 3286792 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
Don't Mt.Gox use cool down breaks on trading any more?
There currently is no lag. Lag was the primary issue.
206.
Post 3286969 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
Looks like we're coming back a bit. Bitstamp is functioning non-noobishly and Gox is back to $120.
Its very predictable as i said ealier
ppl dump btc on MTGOX just TO BUY BACK in at lower price. They cant withdraw cash from MTGOX. Its very easy to see.
This is a moment to see if MTGOX can still lead the market.
+1
207.
Post 3287475 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
This is madness.
Madness? THIS IS BITCOIN!
208.
Post 3287599 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.16h):
Anyone have an update on those huge coin movements? We need them tracked ASAP
Huge bidwalls appearing on bitstamp at high $120s. Now, I understand the Gox buyers. But what are those people smoking? Thats ABOVE the pre-SR news price.
Dumb fucks.
They may know something you don't. I personally wait out the turbulence as I've been burned as many times as I was lucky. But I think this news is long run good for bitcoin. Government feels satisfied they aren't powerless, investors feel the government can enforce rule of law, bitcoin is purged of another criminal element. Win, win, win.
+1 for bitcoin!
209.
Post 3333358 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
It has been a great day so far! I've been busy moving into a new place but it has been exciting looking at my android tickers and browsing the forums, hehe. I'm hoping the September high will soon be demolished, it has been damn boring.
210.
Post 3333648 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Let it begin! 148.50 was smashed, that was the September high at the beginning of the month before the bastard huge triangle began. Onward to 150!
211.
Post 3333660 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
If I recall correctly it was 148.50, if I'm mistaken then so be it, haha.
EDIT: looking at the charts it appears it was 148.50.
212.
Post 3333726 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Ask side is not replenishing at all... This is going to get ugly within the next 24hrs. Don't fall asleep.
You are the only one who has common sense here.
Well a correction is generally expected after these things, doesn't mean it has to be some ultra ugly crash.
213.
Post 3336597 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
and again someone is trying hard to keep price low. I wonder what for they are doing this and loosing money in the process (considering bitcoin price will go up for some time more)
It'll likely just be a correction on the way up. These people probably think they are selling to buy back cheaper, but they are taking a risk since we smashed through both 148.5 and 150 resistances with ease. They may very well be saying goodbye to those coins if the price consolidates here before they continue to climb.
214.
Post 3365773 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Thank you for posting that, I'm greatly enjoying it. Haha.
215.
Post 3365787 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Remember the last time we were at these levels? This forum was like a carnival. Now... not so much. Did everyone here sell all their coins into strong hands since April?
While fun, these are 'been there, done that' prices now, haha. After 200 - 266 the carnival might begin.
216.
Post 3367731 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
I finally get my first good night of sleep in two weeks and this happens, lol!
217.
Post 3369223 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
No coins have been moving in or out of Gox due to their Bitcoin nodes being offline
They're reloading the blockchain but it's 47,000 blocks behind so it's going to take some time.
Some snippets from IRC - lots of crap between these comments has been removed but you can see what's happening :
[21:52] <@MagicalTux> [23:51:41] <samfisher> so MagicalTux, what about my withdrawal request? <- all our bitcoin nodes were taken down due to an error with our hosting provider, some of the servers will be taken back up soon
[21:53] <@MagicalTux> soon = within a few dozen minutes
[22:31] <@MagicalTux> re-downloading missing part of blockchain
[22:31] <@MagicalTux> new txs will appear as blockchain updates
[22:33] <@MagicalTux> samson_: downloading new blocks as fast as bitcoind can
[22:34] <samson_> How far behind is it ?
[22:47] <@MagicalTux> right now: "blocks" : 217510,
So a lot of coins will hit gox in a very short period of time today when it eventually catches up.
Good to hear, I was watching this closely, had some coins I wanted off the exchange also. Thanks for posting this.
218.
Post 3370159 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Status update? What is happening here? You can't move btc to gox or out?
I would guess that it is all synced up by now.
Not sure, my larger order from yesterday still hasn't shown up on the blockchain, let along my wallet. All the little 0.1btc tests I did went through within minutes yesterday, just not the important bigger one... yet... at least.
219.
Post 3370185 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Status update? What is happening here? You can't move btc to gox or out?
I would guess that it is all synced up by now.
Not sure, my larger order from yesterday still hasn't shown up on the blockchain, let along my wallet. All the little 0.1btc tests I did went through within minutes yesterday, just not the important bigger one... yet... at least.
I did a test withdrawal of 1.5 BTC and it worked a couple of hours ago.
It took a while (1 hour maybe) to show up on the blockchain though.
Mine has been 18 hours thus far, wonder how long this shall last...
220.
Post 3370205 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Status update? What is happening here? You can't move btc to gox or out?
I would guess that it is all synced up by now.
Not sure, my larger order from yesterday still hasn't shown up on the blockchain, let along my wallet. All the little 0.1btc tests I did went through within minutes yesterday, just not the important bigger one... yet... at least.
I did a test withdrawal of 1.5 BTC and it worked a couple of hours ago.
It took a while (1 hour maybe) to show up on the blockchain though.
Mine has been 18 hours thus far, wonder how long this shall last...
That's not right - I'd contact support if I were you.
I did 6 hours ago. Three hours ago I was given a link to the blockchain.info page for my wallet address and was told that it was on the network.... it wasn't... just some of the 0.1 tests I did. I politely told them this, but no reply yet. Apparently they manually approve larger withdrawals.
221.
Post 3370335 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.17h):
Status update? What is happening here? You can't move btc to gox or out?
I would guess that it is all synced up by now.
Not sure, my larger order from yesterday still hasn't shown up on the blockchain, let along my wallet. All the little 0.1btc tests I did went through within minutes yesterday, just not the important bigger one... yet... at least.
I did a test withdrawal of 1.5 BTC and it worked a couple of hours ago.
It took a while (1 hour maybe) to show up on the blockchain though.
Mine has been 18 hours thus far, wonder how long this shall last...
That's not right - I'd contact support if I were you.
I did 6 hours ago. Three hours ago I was given a link to the blockchain.info page for my wallet address and was told that it was on the network.... it wasn't... just some of the 0.1 tests I did. I politely told them this, but no reply yet. Apparently they manually approve larger withdrawals.
you should go in the IRC #mtgox channel magicaltux was on there earlier
Yeah, I'll do that, I was considering it earlier but got busy. Thanks for the suggestion. =)
222.
Post 3398368 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.18h):
how much was april crash influenced by goxlag?
i haven't followed it live at that time.
Entirely. If not for the lag it might not have popped at all.
This exactly. It became all about that damn 1.5hour long lag and what I called Lag Selling. People that may have held strong started selling simply because it was dropping and they were trading completely blind with no idea what the price will be in an hour so they better jump on board.
223.
Post 3398393 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.18h):
Anyone else find it interesting that bid sum doesn't change much despite massive buys. Lulz. just lulz.
Pretty normal in rallies such as this. It always takes time to fill in.
224.
Post 3402428 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.18h):
Haha, thanks I totally missed this crash. I woke up and saw $204 instead of the $228 I saw last night and was wondering why anyone used the term crash for a 10% correction
I'd still say it will just have been a large correction, not a crash. That trader that sold 10k all at once is really what caused this to be as deep as it was. I was figuring a pull back to 200 at least was in order, but when people suddenly see the price at 185 because of ONE sell, they will panic.
225.
Post 3402736 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.18h):
That's it folks. I sold all
Failure to overcome previous ATH creates a massive double top, it is hard to say where the price will go, but in 6 months my guess would be in the $13-$50 range. Thank you
LMAO!!!!!!!!!!!!!!!!
LOL what a joke! But we are only a month or so away from those fabled $100,000 a piece coins.
226.
Post 3403209 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.18h):
Its possible that we're cooling for a bit and maybe even go lower a bit before a new rally starts. It takes a little time to get the drive back.
Consolidation never hurt anyone.
Yes, consolidation at this level is quite lovely.
227.
Post 3411402 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.19h):
Looks like double bottom happened.
228.
Post 3422379 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.19h):
Bitcoin will be trading at 10K this time next year.
No it won't. Wanna bet 100
BTC?
It would be good if everyone who makes wild speculations regarding bitcoin where faced with that bet, perhaps there would be less rubbish and more sense in the community!
It's particularly funny it's rpietilla offering the bet.
Lol, he didn't take the "300k by the end of the year" bet
Yeah, what the hell, why is he betting against 10k for a year from now? haha
229.
Post 3422395 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.19h):
Bitcoin will be trading at 10K this time next year.
No it won't. Wanna bet 100
BTC?
It would be good if everyone who makes wild speculations regarding bitcoin where faced with that bet, perhaps there would be less rubbish and more sense in the community!
It's particularly funny it's rpietilla offering the bet.
Lol, he didn't take the "300k by the end of the year" bet
Yeah, what the hell, why is he betting against 10k for a year from now? haha
Maybe he thinks it will be higher than 10k.
True, but you'd expect someone to say 'I bet it will be higher'
230.
Post 3438372 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.19h):
I sold my BTC, nice profit. All USD right now.
oh thats got to suck... when you going to buy back in? now or the ATH?
LOL, I've bought back in and sold a few of times since then, that was months ago.
I'll leave further buying until after the ATH when it crashes again.
What if it crashes and the lower is like 250?
231.
Post 3479233 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Last couple minutes have been very fun!
232.
Post 3483192 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
I managed to miss the Drake one when it came out. I've been listen to all his songs a lot this week, lol.
233.
Post 3489899 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Most enjoyable! I was shouting the numbers as they flew by, 250! 252! 253! 257!
234.
Post 3490015 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
lmao!
That was me!
235.
Post 3491852 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Shakeout in progress? hahaha Will this be like the spring all over again?
236.
Post 3491879 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
BUBBLEPOP!!! TOLD YA!
Was the last bubble less than a month ago? Did it pop? Or was that just a correction? Price has been climbing fast, and just as it did in the spring there will be shakeouts and people that panic. Corrections are healthy. The spring had like 5 of these flash panics.
237.
Post 3491958 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
The only bummer of this whole thing is that it shows that at least some people still look to Gox for the price, regardless of which exchange they are on
Maybe they will fully die soon and then that will stop.
238.
Post 3493417 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Seems back on track after a laugh inducing shakeout.
239.
Post 3493643 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
It feels like April again.
Feels like January again. After we pass the ATH is when the real action begins.
240.
Post 3499565 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
WOW! Look at those walls all in the 260s now, this guy is really trying to push it down to load up on more coins! HAHA LAME.
EDIT: AND GONE!
241.
Post 3499583 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
WOW! Look at those walls all in the 260s now, this guy is really trying to push it down to load up on more coins! HAHA LAME.
Reminds me of the old times.
Yeah it really does. I was never a fan of that part of the old times, haha.
242.
Post 3499626 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Old news for most of the community and not considered much of an issue. But the media latched onto it with excitement to shit on BTC in an otherwise great month. The media craze on this is actually a couple days old now anyway. =)
243.
Post 3499681 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Whale Walls back in the low 260s again.
EDIT: And gone once more. What is this game you play, Mr. Whale?
244.
Post 3499912 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Whale Walls back in the low 260s again.
EDIT: And gone once more. What is this game you play, Mr. Whale?
On Tradingview it looks like the Whale could be attempting to create a new triangle. I've noticed this many times before over the years. Larger players seemingly attempting to create triangles. We will see if it turns into one.
245.
Post 3500009 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
Whale Walls back in the low 260s again.
EDIT: And gone once more. What is this game you play, Mr. Whale?
On Tradingview it looks like the Whale could be attempting to create a new triangle. I've noticed this many times before over the years. Larger players seemingly attempting to create triangles. We will see if it turns into one.
Attempting this on Mtgox with in the past may have worked. I do not expect such a tactic to work with today's trading options.
Edit: In order to effect trading momentum and confidence they would need to have control of the majority of volume over several exchanges.
Yeah, it could just be the same person or group who did it back then trying up to the same tricks. When people and bots see those triangles then react. But it might be harder for them with the other exchanges being more influential now. Mtgox still has sway though.
246.
Post 3502654 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
I would really enjoy it if Bitstamp overtook Gox price right now, so close, haha.
247.
Post 3503908 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
ATH on Bitstamp 267.79 USD/BTC.
HAHA yes Bitstamp! Thank you!
248.
Post 3504642 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
NICE! New stamp ATH is higher than GOX has ever been!
249.
Post 3504659 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.20h):
NICE! New stamp ATH is higher than GOX has ever been!
Wow, Stamp touched $275, with Gox at $266.90.
Gox is getting excited and starting to eat through the wall, hehe.
250.
Post 3512063 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.21h):
THE SKY IS FALLING
The weaklings are fearful! Mu ha ha ha!
251.
Post 3520324 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.21h):
this is absolutely, fucking insane
I got this feeling on the summer day when you were gone.
I bought my
BTC into the wall. I watched, I let it climb.
I threw consideration into a bag and pushed it down the stairs.
I bought my
BTC into the wall
I don't care, I love it. I don't care.
lol
252.
Post 3520851 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.21h):
Hi guys. I've been trying to avoid the spec forum, but I decided to break down and jump back in to say "hi". I'm pretty optimistic about bitcoin, but this move is surprising.
You have returned to say "hi"! Most excellent. Have a good time at work!
253.
Post 3536934 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.22h):
A healthy 25% correction during a massive uptrend. Nope, bitcoin has never ever seen anything like that happen before, unprecedented, we totally haven't seen this like 50 times by now.
254.
Post 3549763 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.22h):
We all know gox is becoming more insiginificant. I can't wait til the day where they are no longer in business. Also, feel bad for all of the people still hopelessly trying to get their money out...
Edit: It's up now.
+! This! OMG yes, I was just saying this to my lady earlier this morning. It will just be better once they are out of business completely or someone buys the brand and runs it properly. The transition to that time has been happening for like 5-6 months now and it is great. Not fully there just yet though.
255.
Post 3554233 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.22h):
What do you guys think will happen next? Honestly I am absolutely stumped and I think I'll hold out on USD until I see a clear trend.
There was a massive run up from about $140 to $360 (stamp) in a few weeks. Any normal market, 99% of the time, that would be a blow-off top. However, the btc price is doodling around only 5% below its peak. So, it would seem that this is an intermediate level and much more upside remains. Maybe it will go to $500 and fall back to $300 for a few months. That is quite possible too.
400 today, when china awakes?
400 on gox today, I think likely. 400 on a real exchange (stamp/btce etc) maybe by the weekend.
As an aside, just reading about this new exchange. Looks professional and has $5m VC funding (according to genesis block)
http://thegenesisblock.com/category/news/https://www.itbit.com/gox is going to fade fast with all this new competition.
Hopefully it will happen fast. The best thing Mark Karpeles could have done for MtGox was to own it but not run it himself, he should have had a team of people doing everything for him while he just enjoyed profits. Once the Gox era is gone it will be the close of chapter. "Oh remember MtGox? Ha, the Netscape of Bitcoin! But Netscape was run better"
256.
Post 3554279 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.22h):
Goxed again? lmao
what a fail
Clearly it is time for the MtGox team to go back to sleep.
257.
Post 3554366 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.22h):
The problem is that Gox has had so many self inflicted wounds that when assholes DDOS them no one has any sympathy left.
258.
Post 3565802 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.22h):
We appear to be forming a good old Bitcoin triangle, could take another day to start really seeing it. Could bounce off the bottom line again anywhere from 335 to 350 depending on when it hits that zone. Then perhaps... to the moon.
259.
Post 3582361 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.23h):
I feel like $445-450 is the new $266 an the bottom is about to fall out any second now.
If price has spent enough time at the same for people to call the top, it is not the top. The top comes unexpectedly, you don't have enough time to write "I feel like" before it is obvious.
We have yet to hit $450 and this is very much looking like March/April. You can deny it all you want but with almost 12 million bitcoin in existence those are no longer in "steady" hands. They are however in the hands of fiat minded average investors, get rich hopefuls, day traders who see an opportunity to take quick profits, and I am not sold on the "China sees the future and value" message that is being touted. I think many people see an opportunity to make a lot of fiat. In order to make fiat one must sell bitcoin. The more bitcoin in existence the more that will need to be purchased by the "steady hands" to maintain a price. That takes a lot of fiat. Also my concern is US regulations around virtual currency come out on the 18th of this month. I feel like this is a penny or pharmaceutical stock right now. Huge media hype, All this talk about 400 billion market cap, we are going to the moon, US adopts bitcoin etc etc. drive the price up and then sell it off right before the real bad news hits the market. Just like a penny stock or a pharm stock that says they doin the cure for cancer and the FDA doesn't approve it.
Like April? WHAT? In April the price hit $266 and immediately started tanking, lag went crazy and caused more fear and lag selling. The price dropped to like 70 in 3 hours. We've been at $400-$440 for over 24 hours now. Nothing like April.
260.
Post 3582552 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.23h):
I feel like $445-450 is the new $266 an the bottom is about to fall out any second now.
If price has spent enough time at the same for people to call the top, it is not the top. The top comes unexpectedly, you don't have enough time to write "I feel like" before it is obvious.
We have yet to hit $450 and this is very much looking like March/April. You can deny it all you want but with almost 12 million bitcoin in existence those are no longer in "steady" hands. They are however in the hands of fiat minded average investors, get rich hopefuls, day traders who see an opportunity to take quick profits, and I am not sold on the "China sees the future and value" message that is being touted. I think many people see an opportunity to make a lot of fiat. In order to make fiat one must sell bitcoin. The more bitcoin in existence the more that will need to be purchased by the "steady hands" to maintain a price. That takes a lot of fiat. Also my concern is US regulations around virtual currency come out on the 18th of this month. I feel like this is a penny or pharmaceutical stock right now. Huge media hype, All this talk about 400 billion market cap, we are going to the moon, US adopts bitcoin etc etc. drive the price up and then sell it off right before the real bad news hits the market. Just like a penny stock or a pharm stock that says they doin the cure for cancer and the FDA doesn't approve it.
Like April? WHAT? In April the price hit $266 and immediately started tanking, lag went crazy and caused more fear and lag selling. The price dropped to like 70 in 3 hours. We've been at $400-$440 for over 24 hours now. Nothing like April.
Ok
I'm sorry for speculating. I forgot right now this board is just for high fiving and reiterating the media hype. Now it definitely feels like March/April
WTF? I'm not a permabull and never have been on this board, but right now you are randomly stating that this market in the 400s was exactly the same as $266... and it isn't. You are right in that it could correct and crash sometime soon or later but 400+ hasn't acted like 266 whatsoever.
261.
Post 3582560 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.23h):
Like April? WHAT? In April the price hit $266 and immediately started tanking, lag went crazy and caused more fear and lag selling. The price dropped to like 70 in 3 hours. We've been at $400-$440 for over 24 hours now. Nothing like April.
You should not expect a similar repeat of last bubble, the trend reverse may be more subtle this time,whales suddenly starts red fireworks out of voodoo TA.
I'm not, I was just pointing out that 400+ has in no way behaved like 266 thus far.
262.
Post 3619267 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
Ben Bernanke, chairman of the Federal Reserve, is also weighing in on the hearing, saying that it has no plans to regulate the currency.
“Although the Federal Reserve generally monitors developments in virtual currencies and other payments system innovations, it does not necessarily have authority to directly supervise or regulate these innovations or the entities that provide them to the market,” Bernanke wrote in a letter to the committee.
That is very cool. I like the repeated use of the word innovation.
263.
Post 3619393 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
Ben Bernanke, chairman of the Federal Reserve, is also weighing in on the hearing, saying that it has no plans to regulate the currency.
“Although the Federal Reserve generally monitors developments in virtual currencies and other payments system innovations, it does not necessarily have authority to directly supervise or regulate these innovations or the entities that provide them to the market,” Bernanke wrote in a letter to the committee.
Whoa. Nice.
Federal reserve has nothing to do with regulation of anything other than the printing presses, bond rates against those presses and interest rates...
Which is exactly what Bernanke states in that quote, yet his presence as 'the money guy' referring to bitcoin as innovation rather than 'terrorist threat that must be crushed!' provides a dose of sanity. We'll see how it goes tomorrow.
264.
Post 3627885 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
He said they'll be voting on something at 5:30 PM? Did I mishear?
Voting on typical issues and they will be in the building, some will visit the hearing one their way to vote.
265.
Post 3627921 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
Good comment about how BTC is tiny in regards to USD, western union, all the many other options criminals can and do use.
266.
Post 3627943 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
The last 2 minutes have been awesome.
267.
Post 3627964 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
very positive view from FinCEN guys.
They will regulate the institutions.... Not against bitcoins
+1 I'm very happy at the moment after her talk.
268.
Post 3628042 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
Nice, they are talking with the assumption that 'virtual currency' is here to stay, it just needs to be done legally. I love this! HAHA!
269.
Post 3628051 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
buy, buy, buy!
+1 BULLISH!! Time for Homeland Security, lol.
270.
Post 3628065 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
bottom line : they want to tax .....
They dont want digital currencies to be come tax heaven.
I'm just fine with that, let us do our thing and make tons of money, I'll pay those taxes, I've always planned too, hehehe.
271.
Post 3628128 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
That is right Edward, you must adapt.
272.
Post 3628155 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
I love Carper relating Bitcoin to the early internet over and over, hehe.
EDIT: YES JENNIFER! It IS an apt comparison!!
273.
Post 3628204 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
Holy shit.
US Gov is bullish on Bitcoin.
Anyone think Carper bought up a bunch?
+1 Early internet comparisons and innovation all around!
274.
Post 3628229 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
I love Carper relating Bitcoin to the early internet over and over, hehe.
EDIT: YES JENNIFER! It IS an apt comparison!!
This is the very best angle possible. Highly bullish if this becomes the dominant narrative going forward. Incredibly bullish in fact.
Yes, in a couple years we are all going to look at this moment, as we collectively sat staring at our screens, typing away on Bitcointalk as a defining moment. The next chapter begins!
275.
Post 3628313 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
I love Carper relating Bitcoin to the early internet over and over, hehe.
EDIT: YES JENNIFER! It IS an apt comparison!!
This is the very best angle possible. Highly bullish if this becomes the dominant narrative going forward. Incredibly bullish in fact.
Yes, in a couple years we are all going to look at this moment, as we collectively sat staring at our screens, typing away on Bitcointalk as a defining moment. The next chapter begins!
I certainly hope it works out that way. The "financial Internet" is a term that may catch on, more so when things like colored coins and maybe mastercoin catch on.
Yeah, bring it on!
276.
Post 3628362 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
Take that 666 wall DOWN NOW!
Destroy it!
277.
Post 3628404 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
Yes Jennifer! Cash is still the best medium for laundering! Bitcoin is winning big.
278.
Post 3628416 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
LOL Clearly we bitcoiners love that line about cash being best for laundering, hahaha.
279.
Post 3628469 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
LOL Clearly we bitcoiners love that line about cash being best for laundering, hahaha.
You cant deny the TRUTH... and the TRUTH will set you free...
CAN YOU HANDLE THE TRUTH?
CASH IS THE BEST FOR LAUNDERING MONEY
Bitcoins new meme/motto: CASH IS STILL THE BEST FOR LAUNDERING MONEY!
280.
Post 3628577 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
"tax" sell! sell! sell!
Tax is expected ... Nothing news.
+1 Exactly.
281.
Post 3628682 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
OMG Awesome, thank you Carper! Innovate in the USA.
282.
Post 3628749 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
283.
Post 3628771 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
WALL STREET IS COMING TO BITCOIN !
PREPARE FOR GLORY!!!!!
Glory! HERE WE COME!
284.
Post 3628834 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.24h):
This amazing hearing has come at a perfect time! More fuel on the fire! This just put the petal to the metal!
285.
Post 3629068 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Arrgggg... now they start talking about the child porno... well the majority of the hearing has been awesome. At least Ernie Allen is mentioning the online ledger and tracking people on blockchain.
286.
Post 3629104 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Child Porn is a real and serious issue and I really don't mind that they figure out how to fight it.
+1, they just need to realize it will happen with bitcoin or not. They need to fight harder, and if it costs more as he is mentioning, then that needs to be part of adapting.
287.
Post 3629134 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
What the hell is going on the with the lag, arrrgggg!
288.
Post 3629136 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Oh my god. The Child Porn guy said to make sure the regulation isn't so draconian as to shut down or push Bitcoin startups out of the US.
The CHILD PORN guy!
Yeah that was pretty amusing.
289.
Post 3629180 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Murck is boooooooring!
Unfortunately it is clear the others have more public speaking confidence and experience. He is doing a good enough job though for someone that isn't doing hearings ever couple days.
290.
Post 3629296 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Murck is boooooooring!
Unfortunately it is clear the others have more public speaking confidence and experience. He is doing a good enough job though for someone that is doing hearings ever couple days.
He ultimately drives the points home!
Exactly, he did a good job!
291.
Post 3629344 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Unfortunately it seems like the bitcoin supporters aren't really saying anything new...
Which is okay, the agencies were the wildcard here and they pretty much waved the bitcoin flag the entire time.
292.
Post 3629355 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Nice! Allaire is bringing up USA banks closing accounts and keeping Bitcoin companies down in the USA.
293.
Post 3629389 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Unfortunately it seems like the bitcoin supporters aren't really saying anything new...
Which is okay, the agencies were the wildcard here and they pretty much waved the bitcoin flag the entire time.
Yeah totally agree.
Come on Jeremy! fist pump!
Yeah, Jeremy did awesomely. LOL OMG World of Warcraft! Yes! hahaha
294.
Post 3629430 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
I love Brito's comparisons to 3d printing. With the good comes the bad, and technology has ALWAYS come like that.
295.
Post 3629524 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Ernie Allen loves Bitcoin!
296.
Post 3629559 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
YES! Patrick you rock! Thank you for bringing up the banking issue! Murck and Allaire have both mentioned this now and it is so important!
297.
Post 3629975 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Sen. Tom Carper is a bitcoin badass now, quoting the Einsteins, LOL. hehe
298.
Post 3630029 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Banks in the USA better damn start accepting new business accounts for Bitcoin startups.
299.
Post 3632553 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Say goodbye to your coins pigs, time to be slaughtered.
300.
Post 3632982 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Same thing happened in Oct with the bids, a correction like this is healthy, leads to safer future growth. Refuel the rocket, all that. People see the price drop after such emotional fun times and they get scared, it will come around.
301.
Post 3633030 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
OK so I go out to buy some sandwiches from subway with bitcoin (hooray!), stay for a couple of beers & whiskey, come home and see this? WTF Bitcoin I am drunk and I have no idea what just happened. Did we just "crash" after going up like 25% in 3 hours or what? WTF IS HAPPENING? LOL still great fun to watch
See this attitude tells us..... this isnt a crash. PPL actually enjoying seeing pigs getting slaughtered.
There is so much pork and bacon around this market right now it is like a ww1 battlefield if pigs were fighting it.
302.
Post 3633597 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Gotta love Bitcoin.
It drops over $300 within minutes in a flash dump and all it will probably amount to is a long bottom wick on a green candle.
Slowed down the assault on $1000 though.
The slow down is a great thing, I was hoping for it. Recharge those engines!
303.
Post 3637361 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
We have a potential classic bitcoin triangle forming. Needs to climb back to and bounce down off of 775ish to really see if it forms though... But it looks like it could happen... We shall see.
304.
Post 3637391 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
We have a potential classic bitcoin triangle forming. Needs to climb back to and bounce down off of 775ish to really see if it forms though... But it looks like it could happen... We shall see.
What is a 'classic bitcoin triangle'?
Bitcoin has an incredible habit of forming the triangle wave pattern. It does it all the time thus it has become a bit classic for the bitcoin market to do them. At times it almost seems like certain big players are trying to design the triangles.
305.
Post 3637435 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
We have a potential classic bitcoin triangle forming. Needs to climb back to and bounce down off of 775ish to really see if it forms though... But it looks like it could happen... We shall see.
What is a 'classic bitcoin triangle'?
Bitcoin has an incredible habit of forming the triangle wave pattern. It does it all the time thus it has become a bit classic for the bitcoin market to do them. At times it almost seems like certain big players are trying to design the triangles.
Pics or it didn't happen.
Which part didn't happen? There is no way to prove my little theory about triangle makers with pics. It is just a hunch. The triangle thing in the market is a pretty well known thing for people doing EW. As for one happening at the moment, my original post was again... Another hunch. If we go too much lower it will be invalidated.
306.
Post 3637537 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
There is no way to prove my little theory about triangle makers with pics. It is just a hunch.
So those triangles only exist on your mind.
In terms of the "triangle maker" theory, yes, and in the minds of other that have noticed similar buying and selling patterns and discussed this with me. By stating it was a hunch it is pretty obvious I'm not calling it fact. People have theories all the time. But the triangles the happen all the time in the bitcoin are openly discussed on these forums with pics... Like all the time... They aren't just in my mind, they are in the markets subconscious.
307.
Post 3637555 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
There is no way to prove my little theory about triangle makers with pics. It is just a hunch.
So those triangles only exist on your mind.
In terms of the "triangle maker" theory, yes, and in the minds of other that have noticed similar buying and selling patterns and discussed this with me. By stating it was a hunch it is pretty obvious I'm not calling it fact. People have theories all the time. But the triangles the happen all the time in the bitcoin are openly discussed on these forums with pics... Like all the time... They aren't just in my mind, they are in the markets subconscious.
So there are pics, but you don't want to show them.
You can use a forum search yourself.
308.
Post 3637662 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
There is no way to prove my little theory about triangle makers with pics. It is just a hunch.
So those triangles only exist on your mind.
In terms of the "triangle maker" theory, yes, and in the minds of other that have noticed similar buying and selling patterns and discussed this with me. By stating it was a hunch it is pretty obvious I'm not calling it fact. People have theories all the time. But the triangles the happen all the time in the bitcoin are openly discussed on these forums with pics... Like all the time... They aren't just in my mind, they are in the markets subconscious.
So there are pics, but you don't want to show them.
You can use a forum search yourself.
That would be the right answer the first time he ask for pics but you love the sound of your writing.
Responding to people's posts to further explain ones thoughts is pretty standard on a discussion board. Welcome to the Internet.
309.
Post 3637683 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
There is no way to prove my little theory about triangle makers with pics. It is just a hunch.
So those triangles only exist on your mind.
In terms of the "triangle maker" theory, yes, and in the minds of other that have noticed similar buying and selling patterns and discussed this with me. By stating it was a hunch it is pretty obvious I'm not calling it fact. People have theories all the time. But the triangles the happen all the time in the bitcoin are openly discussed on these forums with pics... Like all the time... They aren't just in my mind, they are in the markets subconscious.
So there are pics, but you don't want to show them.
You can use a forum search yourself.
That would be the right answer the first time he ask for pics but you love the sound of your writing.
Responding to people's posts to further explain ones thoughts is pretty standard on a discussion board. Welcome to the Internet.
This is just a goodhearted pun, but... Nice triangle Bro! ;-)
No triangle happening now.
310.
Post 3637696 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Most people here have never experienced the 2011 bear market. The price went from 32 to 2.
It was horrible and awesome.
311.
Post 3637905 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
There still will be moments like this but I don't understand people who are keen to forget that we are in extremely bullish market and scream 250 moment some sales happens.
The US fucking government publicly gave the green light to Bitcoin and that went mainstream. It's buuuuuliiiiish, stop your feelings and positions making your judgements wrong. I was bearish at 350 and thought it will drop any moment but turned up 180% when I realized I am wrong.
Precisely. Things are going to be exciting in the next months-years. Heck even if we had a mid term bear market after this the future looks bright.
312.
Post 3643039 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Nice! Just like yesterday's great comparisons to the early Internet we've got comparisons to mobile phones now! Thank you Sen. Mark Warner!
313.
Post 3643108 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.25h):
Nice! Just like yesterday's great comparisons to the early Internet we've got comparisons to mobile phones now! Thank you Sen. Mark Warner!
look up^bro!
Huh?
314.
Post 3643225 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Remember when people cared about Bitcoin being mentioned in "the good wife" ?
LOL that was such a joke, I couldn't believe people thought the price would skyrocket from that, haha.
315.
Post 3643292 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
I don't like the tone so far...
why? This guy is just talking about licenses. He is talking talking with th assumption the bitcoin is the future and happening. He is just saying licensing is important.
316.
Post 3643302 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Why the fuck is the Senator explaining this to the panelists?
So true!! Lol
317.
Post 3643369 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Shut up Senator Terrorism Fear Maker
318.
Post 3643398 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Child-porn guy has an annoying brother - Terrorist GUY!
child porn guy loved bitcoin though. This guy knows nothing and is scared shitless.
319.
Post 3643572 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Again they are all talking under the assumption that bitcoin is here to stay, I love it, hahha.
320.
Post 3643908 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
the red lady is failing hard.
yep, partypooper in action
She gonna have the smackdown laid on her by the other speakers.
Freaking hopefully... they better...
321.
Post 3644130 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
PIECE OF SHIT! This woman is terrible!
322.
Post 3644199 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Both woman are mongs, not to be sexist but they just are.
The older woman is pretty decent, she has stated it is essentially the future and should be considered innovation. The young redhead is an idiot. Interesting they are talking about zero regulation, leave as it is right now.
323.
Post 3644224 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Nice. Schumer coming around on Bitcoin, great way to finish this off, lol.
324.
Post 3644283 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
The less-stupid person was going for the mic
I groaned also.
325.
Post 3644531 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
So, yesterday we had a bullish presentation that spiked the price, which then corrected hard.
Today, we have a slightly bearish presentation that will cause the price to dip, and then rebound . . .
It was generally pretty decent aside from the redhead idiot lawyer. She is on a mission against Bitcoin, missed the train and wants it to fail.
326.
Post 3646810 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Its very obvious at this point that BTC is back in a upwards trend.
No it is not.
Leave your emotions behind. This bounce back up is no more meaningful than the drop to $600 was.
Most likely we will correct back toward $650 before we hit $700. If that doesn't happen I will be pleasantly surprised.
the bouncing all over is random, this will play out by December 3rd when the senate hearings close.
wait what their are more hearing coming?
no, The record will stay open until the senators have had time to ask all questions not yet put to the witnesses.
their still talking about bitcoin now
http://www.c-span.org/Live-Video/C-SPAN3/That is just a repeat of the feed from earlier. Odd.
327.
Post 3647554 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
This garbage has happened multiple times before. Incompetence that this hasn't been fixed in all these years.
328.
Post 3647639 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Hilarious history repeating itself. I think the last time this happened was at like 5-7$ range in February 2012. Such bullshit this can still happen. Pure incompetence.
329.
Post 3647726 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
can't blame this all on Gox, can we?
I mean, it was bound to happen and like most of you are saying, the sooner the better.
No, this repeating loop API garbage is Gox fault and has existed for nearly two years. This first happened two years ago yet here we are. ALL Gox fault. Isn't their fault someone sold, it is their fault for the shitty system doing this.
330.
Post 3647740 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Seems we are back online.
331.
Post 3647798 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
There has been some pretty epic shit since 2011, trying to figure out where I would rank this, haha. The only looping garbage I remember was Feb or March 2012 after another huge sell.
332.
Post 3648018 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
That was amazing to watch, that volume! This is one ugly picture
Damn it, thought that was a "new" capture, not 10 mins old! lol
Looks like recovery starts now; unless more whales come out to play.
China still has 3.5m USD of bids until ~$500.
In Communist China, Bitcoiners actually have balls.
333.
Post 3648026 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
LOL That is actually quite sound advice Nemesis. It is true noobs, it could be very helpful.
334.
Post 3648043 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
epic
here comes a blast off?
Make it so!
335.
Post 3648051 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Welcome to the future of bitcoin where China rules the market now. Funny, not that different than in the fiat/usd world.
china stable at 700, so Hoax is going to have to be a follower now.
Yeah, the paniced, nervous, silly follower Gox market that still has all the eyes watching it out of habit.
336.
Post 3648067 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Welcome to the future of bitcoin where China rules the market now. Funny, not that different than in the fiat/usd world.
china stable at 700, so Hoax is going to have to be a follower now.
key word: stable , very stable
Haha we can say Bitcoin is getting stable now... in China...
337.
Post 3648082 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?
Gox volume is 100% real. China is not.
A 10k sell is nothing to scoff at.
Gox matters... unfortunately. I wish Mark would sell it and leave the business.
338.
Post 3650368 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Falling wedge in progress within the downward channel.
339.
Post 3650481 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Haightst, falling wedge are generally bullish continuation patterns. But yeah it will probably go down a bit more, at which point we will see how the wedge plays out.
340.
Post 3651234 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about.
The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
How is it any worse than the other two times? Also, when it gets much higher your friends will reverse their opinions again, yet probably not buy in, then it will 'crash' again, and the process will repeat over and over just as it always does with Bitcoin.
341.
Post 3651520 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
wow YOU TOUCHED MY WALL!!!!
Yup that was my wall, i use bot to pull it. Suckers who sold b4 my walls gonna hate me now.
Edit: see noobs? this is how you can get manipulated..
you are not the owner of that wall so stop your BS
Based on how many coins he has and his trading strategy I bet it actually is, hehe.
342.
Post 3651540 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.
You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.
Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless
$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about.
The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"
The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".
Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.
How is it any worse than the other two times? Also, when it gets much higher your friends will reverse their opinions again, yet probably not buy in, then it will 'crash' again, and the process will repeat over and over just as it always does with Bitcoin.
Every time it's a bigger bubble, bigger losses, and more negative publicity. Which is why they won't buy in.
Which is why they will never buy. Which is why there will never be mass adoption. Which is why Bitcoin will never become all of the things we had hoped it would.
Lol so why are you here? Because more people are doing bitcoin now then EVER, and your friends will miss the train, too bad for them.
343.
Post 3651680 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Every time it's a bigger bubble, bigger losses, and more negative publicity. Which is why they won't buy in.
Which is why they will never buy. Which is why there will never be mass adoption. Which is why Bitcoin will never become all of the things we had hoped it would.
What are you talking about? The 2011 bubble was the biggest bubble of all and those who bought at the top would be sitting on huge profits right now. This drop from $900 to $453 is also peanuts compared to the crash in April, so the bubbles are only getting smaller and the losses as well. There is no such thing as negative publicity for bitcoin.
The only people who bought in 2011 are people who understand Bitcoin.
Again my point is take yourself to a normal person thinking strategy. Okay let me spell it out for you.
You now only have a high school diploma. You work at a factory, walmart, you're a waiter bartender whatever.
You have 3 kids, a tiny house, and a minivan.
You live paycheck to paycheck.
You took your savings ($10,000 or so) you put it into this Bitcoin thing.
Now you have $5000 worth of Bitcoin/savings.
You think they are still holding and hoping?
You think they haven't sold and are screaming and cryin at the top of their lungs I lost half of my life savings Bitcoin is the devil to everyone they know?
This is why it is bad. Because the people investing in bubble rises are people who think they will get rich quick (99% of the population which is why lottery is the most profitable thing for states) and when "healthy corrections" happen it's devastating to the reputation to Bitcoin and the bigger they get and the harder they fall the more negative news and I promise you the 99% don't know, care or believe in BTC technology they believe in their dollar and you Bitcoin took it from them.
The people you are talking about that get scared and FUD to hell are the weak hands in every market that the market doesn't care about. They aren't cut out for investing and trading. I have two friends who freak the hell out over BTC. I told them about it in June 2011 and they both failed BIG time, they couldn't do shit and lost a lot of money. I've been doing just fine though, as have tons of other people, and ever bubble more and more people come on board and the entire community grows. People were saying the same thing as you in 2011... then in April 2013... and now once again.
344.
Post 3651687 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Every time it's a bigger bubble, bigger losses, and more negative publicity. Which is why they won't buy in.
Which is why they will never buy. Which is why there will never be mass adoption. Which is why Bitcoin will never become all of the things we had hoped it would.
What are you talking about? The 2011 bubble was the biggest bubble of all and those who bought at the top would be sitting on huge profits right now. This drop from $900 to $453 is also peanuts compared to the crash in April, so the bubbles are only getting smaller and the losses as well. There is no such thing as negative publicity for bitcoin.
The only people who bought in 2011 are people who understand Bitcoin.
Again my point is take yourself to a normal person thinking strategy. Okay let me spell it out for you.
You now only have a high school diploma. You work at a factory, walmart, you're a waiter bartender whatever.
You have 3 kids, a tiny house, and a minivan.
You live paycheck to paycheck.
You took your savings ($10,000 or so) you put it into this Bitcoin thing.
Now you have $5000 worth of Bitcoin/savings.
You think they are still holding and hoping?
You think they haven't sold and are screaming and cryin at the top of their lungs I lost half of my life savings Bitcoin is the devil to everyone they know?
This is why it is bad. Because the people investing in bubble rises are people who think they will get rich quick (99% of the population which is why lottery is the most profitable thing for states) and when "healthy corrections" happen it's devastating to the reputation to Bitcoin and the bigger they get and the harder they fall the more negative news and I promise you the 99% don't know, care or believe in BTC technology they believe in their dollar and you Bitcoin took it from them.
Oh, look, it's me in 2011 and 2012. Except I grew some balls and now I'm rich.
LOL! +1!
345.
Post 3652004 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
If your life savings is only $10,000
you're doing something wrong.
You're an average middle class working family man.
You know for all you guys that scream mass adoption you're sure quick to call out "weak hands getting shaken out" those weak hands are your mass adopters.
You guys should really hear yourselves
The people bringing the big money will be the same people investing in gold and all the other markets, most of these markets are full of people that have a better idea of how to handle investments than the average get rich quick clueless Joe. The market will likely become less volatile too as more and more people join.
346.
Post 3652047 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
My intention is to warn you guys to practice proper risk management because inevitably, even with a small investment, your Bitcoin allocation will be the main source of your wealth. Marginal utility of wealth dictates that it's more important to secure your first million than to make another.
I've seen it go down from 32 to 2 and it was a really bullish environment too until about 14. It was a long drawn out process with countless bull traps over the course of 6 months. Don't fool yourself thinking it can't happen again today. That's just the nature of humans.
Oh I remember those days, I found it painful as hell but at $2 I loaded up with more BTC than I ever imagined I'd have.
347.
Post 3652727 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Listen I understand Bitcoin. I love the innovation and technology. I am not a super trader or a computer genius. I've never claimed to be. I am a regular guy. I know a lot of regular guys. What gets me down is the fact that we all knew a huge drop in price was coming because it's par for the course. What else gets me down is the fact that every time the "regular" people I know start talking about it again we crash and they can't get away from it fast enough.
Even my accountant said "well it would have been a good investment if you bought in 2011" maybe I need a new accountant but still someone as educated as he is should have some concept of why Bitcoin is a good investment and even he doesn't feel that way because of the swings.
That is a reasonable enough post. The goal should be to not be too greedy then or not try to catch the tops. Either set shorter term goals or stay long and hope for it to be 10000+ in a couple years.
348.
Post 3652886 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Downwards channel broken, I repeat Downwards channel broken!
Yes and the falling wedge.
349.
Post 3652944 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Too bad that gif pans down at the end, makes it harder to watch.
350.
Post 3653102 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Yeah, I've seen it, I just meant the last couple frame before the repeat could have been cut to make the gif more stable, hehe. Even the gifs need stability in this market!
351.
Post 3653813 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
I wonder if there are similarly hilarious bull quotes from me from the past. Too lazy to search. Get on it Kozi.
I had a good laugh @ 1k prediction that bruce wagner was throwing around and increased to 10k during the 2011 rally. But with his strategy "buy now, never sell" you'd still be pretty well off today.
LOL Bruce Wagner, just lol.
352.
Post 3654417 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
stop thinking bitcoin is going XXXXX% a year
this is only happening because it new, and poeple are are still hearing about it for the first time.
we will go to 3000$ as fast as we possibly can and then start to rise much more slowly / safely.
Well, it is five years old, yes new still, but not yesterday new. Think of all the years it took cell phones and the internet to really take off, there is still so much growth potential it is incredible.
353.
Post 3654682 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
So far this is looking like a back test of the wedge upper line we broke out of.
354.
Post 3655608 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.26h):
Higher low, indeed looking like a back test of the wedge/channel breakout from earlier.
355.
Post 3663740 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
So I've been a mega bear lately, but I stopped myself to do some reasonable thinking.
1. Every time we have a huge run up in price and then a major correction we still land high above where we started.
2. We may be gettin toyed with by the whales shaking weak hands but in the long run they are accumulating more coins. They are not doing this to sell them low later.
3. With all of the VC and big multi millionaire supporters of bitcoins who have millions of dollars invested in Bitcoin and related startups I am sure they are not going to allow their investments to dwindle at the hands of day traders. I'm sure they will help stabilize the price if need be (from a seriously detrimental crash) and protect their assets.
4. I was under the assumption that we needed mass adoption for BTC to really take off and that these huge price swings scared the general public. I was wrong. All when need is savy investors and funds to buy into BTC (which is what's happening) and a few major sites to tell people they accept BTC and the general public will just follow suit like they do with everything. In the end the general public will be invested in BTC and may not even realize via retirement funds etc.
5. I have always believed that global corporations will see the technology of BTC and begin using it as a method of transferring their funds globally avoiding hefty fees, taxation etc. if I truly believe this (and I do) that alone will send the price sky rocketing.
So in the end. As the song goes I will
http://youtu.be/NG1qooBzE2wAll excellent points that I'd say even most bears on here generally hold, and bulls certainly do. There really is so much potential it is incredible, and with the USA senate hearings coming off overall quite positive the future is looking better than ever.
356.
Post 3664094 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
i cant do it
i cant sell me coins!
again I've got 22 BTC a few days past a month so far mining as a NOOB....how many of you guys are gonna crack like an egg when/if BTC hits 1000 usd ..... ack....and from what I've seen on here if everyone runs to sell at the same time ..you seem to lock up the works anyway with no one selling....a nice little delusional loop
I've only got 22 coins ..it hits 1000 usd and I actually have the $$$ to plan and implement my foolish mid life crisis correctly (sports cars co-eds and bimbos)..(must resist)
anyway you with over 100 coins (big brass ones) I will watch ponder and learn and
www.mtgox.com is at $721 and going up as I type ....all aboard the 'roller coaster" exit stage left
sheez....only been doing this a month and flabbergasted already
Don't think that you are the only one with such a small portfolio! Big profits can still be made with what you have, it's all about timing and it's never too late!
Haha you say that 22BTC is a small portfolio... That's still huge compared to me! 0.11BTC currently! I just need to invest more and will when I get paid again
Honestly though, a long term (as long as BTC doesn't get outlawed in future) market cap of $50B-$100B is feasible and that would price each BTC at $2381- $4761. That's not taking out the lost BTC or BTC in storage (not in the exchanges) so with that taken into account I think the price *should* go a lot higher than that long term.
Well the USA is approaching Bitcoin in a enjoyably positive manner based on the recent senate hearings, so doesn't look like it is getting outlawed at least there any time soon. Most of the talk at the hearing was innovation, innovation, innovation with some threats that will need to be dealt with also.
357.
Post 3664684 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
Someone just put a 3k bid up on kraken..
Well at least other exchanges are growing!
358.
Post 3670529 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
I wish I had another $500k to invest in bitcoin right now.
This next leg up is going to be epic. Hopefully we bounce around for another week or so before it breaks out.
It has already been epic. Somehow $1000 to $10,000 seems more impressive then $10 to $100. The distance is the same though.
$9000 = $90 now?
Not sure about that, but maybe it's so epic that even that math works now.
It is the same percentage. Same as $1 to $10 also.
359.
Post 3671683 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
How is this a double bottom at all? The price didn't fall to 690 previously climb and now we are hitting that zone again, we fell down to like 450. Hitting the 450-470 zone could count and taking off as a double bottom.
360.
Post 3671722 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
It's just wishful thinking guys, don't hit your sticks hard on me... I also did it with a dose of humor, thinking it would also add some cheer to our lives too.
Ouch!Hey, I certainly don't mean to be too hard sticking or anything, just pretty much going "what? really? I don't see what the hell you're talking about"
361.
Post 3674987 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
Bitstamp at new ATH, pretty fun.
362.
Post 3675157 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.27h):
Could get interesting.
363.
Post 3681642 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.28h):
What's with the sausage-fest. Let's do something about that:
nan wouldn't do it, so I felt I would bring balance, pleeeeenty more where that came from, you have been warned
Well the ladies around here need some eye candy also to help them feel welcome so I'm fine with balance, haha.
364.
Post 3723322 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.29h):
Is it just me or bitcoinity order book chart is so damn slow to update?
Its messing up with your morale lol?
Yes it is always slow, I like bitcoinity a lot, but the orderbook chart is always minutes behind.
365.
Post 3725458 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.29h):
Commence!!
366.
Post 3725564 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.29h):
It's fascinating how with 3 big exchanges, they keep switching roles where sometimes, one behaves differently than the other two, and either the two follow or the one follows.
Yes, it is interesting to watch.
367.
Post 3727136 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.29h):
Lets beat GOLD guys..... like how we bested Silver
Lets race past it and leave gold in our dust, haha.
368.
Post 3740421 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.30h):
Media exposure is huge this time.
Big indeed. This time we go mainstream for real, baby.
5 digits by next year.
I can't tell if you are trolling, really.
$10,000 isn't that crazy considering the past year.
369.
Post 3740460 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.30h):
lol 10% drop and bears chant "crash"....
Then in few days, they will make a new thread asking "is it too late to buy back in? is this sustainable? only bears please..."
LOL!
370.
Post 3740530 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.30h):
Media exposure is huge this time.
Big indeed. This time we go mainstream for real, baby.
5 digits by next year.
I can't tell if you are trolling, really.
$10,000 isn't that crazy considering the past year.
3 months ago it would be totally crazy... after all this not so crazy anymore.
I remember thinking that exact thought about $1,000. So now does $100,000 become the
totally crazy thought?
HAHAH yeah, until it is no longer crazy at all and upon us! hehe
371.
Post 3740715 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.30h):
As "by next year" that sounded like by Jan 1st 2014.
Sorry English is not my first language. I meant 5 digits in 2014.
Yeah 10k by Jan 1st 2014 would be insane, lol, so I can understand ElectricMucus' response, haha.
372.
Post 3740736 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.30h):
I admire those very early adopters that have been hoarding Bitcoin and never sold even 1 ! Respect
Thank you, I've sold some for trading to buy back and for living. Mostly holding for the 'longest time' now.
373.
Post 3741768 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.30h):
You don't see too many posts gloating about they sold at the top and rebought at the bottom.
Trading fees really eat into your profits when taking advantage of small swings, so you gotta wait for the bigger swings. I sold at 1035 and rebought at 930. Btcchina's no-fee trading sure looks attractive.
And what is BTCCHina's business model? How do they generate revenue?
I think they dont looking into profit right now. Its a smart move because they need to gain trust as well as testing their setup.
Mark did test his system while taking profits from us..... have you ever been goxxed? lol
Yes exactly, they gain trust and help grow a massive market for themselves when they eventually introduce trading fees.
374.
Post 3741806 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.30h):
yes, mbtc is the answer. it has to happen, otherwise we are screwed. people are afraid anyway since they are investing in something abstract digital "protocol". now if this in what they invest is so abstract and on top of it below 1, a fration of 1, not even 1 - then they will not buy it. psychological barrier...
I read on reddit yesterday that Bitcoinity is apparently going to change over to mBTC. He said he would make the switch after 1000 was passed. mBTC would be the default with the option to turn it onto BTC. Hopefully Bitcoinity can help start the trend.
375.
Post 3828597 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.32h):
A pathetic 270 to the ATH.
376.
Post 3832538 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.32h):
China is saying it is is a commodity and not a currency they are are okay with that. Trade it, but don't use it to buy things.
377.
Post 3833117 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.32h):
People are still panicking over 57000 BTC coming to exchanges ? waiting for the 3-6 confirmations, this means the price could crash even more
These people could also very well calm down, read the news fully and formulate their reaction after seeing the initial sell off. Most of these people don't want to sell at the bottom either so there are no guarantees right now.
378.
Post 3833471 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.32h):
Lol Chinese are pushing back ^^ Over 1030 in Price atm
Those are the ones that havnt read the news yet. Wait til they find out bitcoin is useless in their country.
Useless like gold is useless right?
379.
Post 3833531 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.32h):
Lol Chinese are pushing back ^^ Over 1030 in Price atm
Those are the ones that havnt read the news yet. Wait til they find out bitcoin is useless in their country.
Useless like gold is useless right?
USELESS AS IN USELESS
China went out of its way to tell citizens they could trade bitcoin as a commodity.
380.
Post 3833876 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.32h):
My understanding is that now China government clarified their policy towards bitcoin:
1) Bitcoin is a virtual commodity. It's not a currency so it cannot be used as a currency.
2) Bitcoin exchanges have to take some measures to verify users' identities and avoid money laundering.
3) Avoid using 'virtual currency' in the media to avoid misleading investors.
Actually it is not a bad news. Bitcoin has never been used as a currency in China (except two attempts did by a branch of Baidu and China Jiangsu Mobicomm). People buy them mainly for speculation and transferring funds to overseas.
Previously people may worry about the legality of bitcoin exchanges. Now this notice actually almost officially announces that all bitcoin exchanges following the rules will be legal.
I'm perfectly happy if China views Bitcoin as commodity only within the country, as you noted, that is generally how it has been treated in China anyway thus far anyway. We have the whole rest of the planet full of countries that can use it as a commodity and as a currency if desired.
381.
Post 3852593 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.32h):
Die wall die! I wonder if that was a pure self buy manipulation wall. Nemesis, are you having fun again? Or has someone else using similar tactics, hehe.
382.
Post 3854350 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.33h):
The media which carried this rally to over 1200 will crucify bitcoin now and drive the price into depression.
Yup, I think we just witnessed the popping of the third great Bitcoin bubble. I was expecting it to reach > $2000 and last another month or two personally.
I was hoping for it to reach higher also. Lets hope for a nice low bottom to scoop up more coins and then hopefully continued bubbles to 10K+ in the future.
383.
Post 3854396 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.33h):
The media which carried this rally to over 1200 will crucify bitcoin now and drive the price into depression.
Yup, I think we just witnessed the popping of the third great Bitcoin bubble. I was expecting it to reach > $2000 and last another month or two personally.
we gotta go by the working exchanges. its still not far off last weeks low.. or still this weeks low.. I don't understand why you think this a huge bubble pop just yet lol
When you've been through a couple of them they start to feel similar.
384.
Post 3855189 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.33h):
The loop is over. Market dropping.
385.
Post 3855281 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.33h):
Gox might have its dead cat bounce now just as all the other exchanges did 45 minutes ago.
386.
Post 3861712 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.33h):
Away we go!!
387.
Post 3862331 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.33h):
I'm curious about what is gonna happen when the US wakes up. Will they
a) Panic sell even more
b) Buy all the cheap BTC
c) Do nothing
I feel we still have some downwards movement left to go so panic selling may be in order. This currently feels like another bulltrap. We will see.
388.
Post 3864579 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.34h):
So many bulls are going to get slaughtered
Bulls make money. Bears make money . Pigs get slaughtered.
Bulls in denial get slaughtered in bulltraps. Or maybe those are called pigs, what do I know. I'm just another sheep after all.
Sheep get a haircut
Hamburger or steak.
389.
Post 3875686 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.34h):
Gotta post on page 3000. There appears to be a bearish pennant that has formed. If it does breakdown it would be in the next couple hours.
390.
Post 3875837 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.34h):
btc to the moon?
Not with possible bearish pennants on three big exchanges. They are almost complete.
391.
Post 3885351 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.34h):
Bull trap finished, lets wreck this shit.
LOL HAHAHA, for some reason this just made me laugh. Thank you. I wouldn't mind cheaper coins, wreck it!
392.
Post 3925479 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.36h):
The Gox DDOS api is the issue here. Every other exchange is making a higher low for the day at the moment. We were bouncing off of the botttom of a rising trend channel when this DDOS started, and now people trading blind and dumb on Gox.
393.
Post 3925597 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.36h):
Very few tickers and orderbook feeds are getting live data from Gox for like 6 hours now.
394.
Post 3925690 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.36h):
Very few tickers and orderbook feeds are getting live data from Gox for like 6 hours now.
Bitcoinwisdom has seemed to be fine for me for the last while at least. Reporting same numbers as Gox website.
Edit: Nevermind, it is a couple seconds behind . . .
Yes, it has been working for me also, Bitcoinity has been delayed or weird, TradingView is frozen, others are all dead for me.
395.
Post 3925714 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.36h):
Very few tickers and orderbook feeds are getting live data from Gox for like 6 hours now.
Bitcoinwisdom has seemed to be fine for me for the last while at least. Reporting same numbers as Gox website.
Edit: Nevermind, it is a couple seconds behind . . .
Check:
http://trading.i286.org/pubnub.htmli286 has been intermittent for me. Sometimes works then freezes for a long time even with reloads.
396.
Post 3926218 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.36h):
In canada when you deposit money in the bank they freeze it, yes... it really THAT cold!
Which bank?
397.
Post 3932299 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.36h):
640 ask wall on stamp at 850.
hi. do you have any idea why they put a wall on that price? newbie on trading here.
Either trying to force the market downwards or a stupid legitimate sell that can accidentally prevent the price from climb.
398.
Post 3962534 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.37h):
Was the wall at 900 pulled or eaten?
I think i saw 2 1000+ btc sells @ 900 on mtgox. But clarkmoody scrolled very fast
It was eaten, that wall was destroyed.
399.
Post 3963277 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.38h):
Lol I like the just casual 1400 wall sale in a single trade without much other trading going on.
China was going apeshit at the time so the action was spread over exchanges.
400.
Post 3963570 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.38h):
my god look at that volume spike, on a small movement down.
bullish stuff
It was a wall being devoured on Gox after China was dropping.
401.
Post 4020467 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.41h):
This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road is a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.
Agreed! The rest of the world doesn't exist!!
402.
Post 4187036 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.47h):
;TLDR Not being in Bitcoin today is too risky.
This is what I also believed before jumping in to be a full time market analyst. But with decent excel skills it is possible to model many situations where it makes sense to have less than 100% in bitcoins, or trade.
I have so many lines of data and charts, for example I have analysed the bottoms of the recent crashes to 5 minute precision in all of the exchanges to find out where I get the coins cheapest and in largest quantity, and how quickly it falls, how quickly it bounces back, what volume is reasonable to expect, so what size of orders are best to use. From next week I have a new half-time assistant doing mainly the analysis of exchange behavior, so that the capturing of tops and bottoms should happen with even greater precision.
Why I mentioned limit orders is that unless you have 24/7 trading (which I don't know if anyone has), it is reasonable to have quite a lot of fiat parked in the range 20-50% below the current price. The crashes are so deep and in a sense so predictable (not possible to know when they will happen, but play out quite the same every time) that the exact placement of orders can net you
BTC10s easily. For example the Silk Road crash was an actual opportunity to buy at $90 in October. Yes, December-November-October. So many things happen in Bitcoin which cannot be predicted but can be captured with limit orders. Not being in Bitcoin is risky, but cutting your # of coins in half by insisting to buy now is not too smart either.
It is a shame that only stupid people tend to reply to my analysis, you know the ones who only want to know if the market will go up this afternoon (which in fact is the thing I
could influence the most, thus nullifying the actual predicting) and cannot comprehend an advanced prediction such as "with 70% certainty we visit $450 before hitting $1,100 which makes it a wildly profitable +32% EV play after fees".
I am sorry if any person in any standing whatsoever has been offended because of my hard speech towards the trolls who don't know how to behave respectfully.
Besides there are some strawmen arguments that I have been wrong with market calls. There is one that I remember (quitting yelling "crash" when we had climbed to the top) but every other call since the start of the October bull market has been correct afaik. If you want to say that I was wrong, please post the wrong call in context and explain why it was wrong. Or refrain from lying.
I try to avoid online warzones so I'm not commenting on that, but I must add that I have highly enjoyed your analysis and hope you continue forward regardless of peoples reactions. I think you deserve kudos for predicting the drop to the 400s before we had even hit $1250. Your trendline is also in sync with a number of other people's trendline predictions I've seen on this forum and around the net. As far back as August a couple others had targeted $1000 for May-June 2014 with a possible bubble in between. I don't care about day to day up or down movement, the real action is in the big moves mid/long term. No one is being forced to follow what you are posting, I've been impressed by your analysis thus far. =)
403.
Post 4197421 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.48h):
You know, I've recently seen Idiocracy for the first time. I didn't take it seriously at first, but thinking about it, Dogecoin is the perfect bridge to the dumb age.
First, it starts off as a joke. It's just a funny meme with a cute japanese dog breed mixed with comic sans and faulty grammar. But the more the illusion prevails, the more it becomes real and actual stupid people are encouraged and bred since it is fashionable.
In that sense: To the moon!!! ┗(°0°)┛
I love Idiocracy! I quote that movie all the time! "Oh my balls!"
404.
Post 4327366 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.51h):
There is no doubt I regret not buying back in while I watched the price at $455 and then fell asleep that night a couple weeks ago. I missed a major opportunity to take advantage of the morons feeding this bubble, but this is just silly to return back to $1000 only two or three weeks after the market said it was too good to be true.
The market corrected downward because of the limitations from the chinese central bank regarding bitcoin and the chinese financial institutions.
However; now the market realizes that it is not up to the chinese government to dictate the rules about our future money and even more important bitcoin is bigger than China!
The market was correcting before China anything. We went from $100 - $1250 in about 3 weeks.
Yes exactly, we had a double top and an hour or two later the China news happened. Bitcoin does the super spikes and super corrections every year. 2013 had two.
405.
Post 4339675 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.51h):
expect.
I want more expect!
406.
Post 4344388 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.51h):
I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
Like the last two weeks you mean? All of this could have been a uptrend within a short term bear correction. It could be months before things settle down. Just like in the summer after the April spike and pop the market could rise and then fall to a final bottom for some time.
407.
Post 4359890 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.52h):
I think the massive dump triggered a shutoff switch....
Yeah, but it wasn't even massive, just medium, yet if they have a shutoff for that it is complete garbage. It almost is like a gut fear reaction, Gox doesn't want the price dropping so they just turn off their exchange, haha.
408.
Post 4359959 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.52h):
I think the massive dump triggered a shutoff switch....
Yeah, but it wasn't even massive, just medium, yet if they have a shutoff for that it is complete garbage. It almost is like a gut fear reaction, Gox doesn't want the price dropping so they just turn off their exchange, haha.
The dump was cut off wasn't it? I assumed it was lower than 990.
It was at 990 and seemingly still going and click the exchange turns off.
409.
Post 4359987 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.52h):
I think the massive dump triggered a shutoff switch....
Yeah, but it wasn't even massive, just medium, yet if they have a shutoff for that it is complete garbage. It almost is like a gut fear reaction, Gox doesn't want the price dropping so they just turn off their exchange, haha.
BTW this is what wall street
Circuit breakers yes, but this is Bitcoin that wasn't even a massive sell, it was just a sell timed relatively well to bust through a bit of support out the bottom of a pennant.
410.
Post 4360040 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.52h):
I think the massive dump triggered a shutoff switch....
Yeah, but it wasn't even massive, just medium, yet if they have a shutoff for that it is complete garbage. It almost is like a gut fear reaction, Gox doesn't want the price dropping so they just turn off their exchange, haha.
The dump was cut off wasn't it? I assumed it was lower than 990.
It was at 990 and seemingly still going and click the exchange turns off.
Thats pretty hilarious if they have added a feature like this. Fine with me. Keep people from manipulating a market.
Dumping more than a 100 btc is either someone who is an idiot or someone trying to push the market lower.
I don't mind killing some manipulation, but it should be public and transparent. The exhchange should be paused for a moment and then resumed, not turned off for 20 minutes to multiple hours (who knows how long this will last. The last goxloop lasted hours.) The person could then of course make individual sells, 50-75btc at a time, so in the end it would stop too much and it just ends up being trading in the end.
411.
Post 4360157 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.52h):
Gox also appears to have some kind of in-house bot with access to the exchange still and it is still buying, hahaha. This bots seems to be the 15btc buy bot that has been around for a while trying to push the price upwards every 5-10 minutes.
412.
Post 4360289 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.52h):
Gox also appears to have some kind of in-house bot with access to the exchange still and it is still buying, hahaha. This bots seems to be the 15btc buy bot that has been around for a while trying to push the price upwards every 5-10 minutes.
in a minute we shall find out .. if this bot is still active lol
it bought at 10:37.. lol if this was an elaborate hack to show the gox bot.. oh god
6hrs at that rate = 1100 by 7:41am lol
LOL There it is! Yeah I was just doing similar calculations. This has revealed their 'price pusher' bot to the world, hahah. That thing has been around for a least a couple weeks now. My theory is more that they hit the panic button when the market went in a direction they and their bot didn't want.
413.
Post 4360575 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.52h):
Do we really need theories about "where the 800 dump came from", "where the 200 dump came from", etc.? That amount of coins is nothing! It could be any one of us.
seriously, it wasn't even a dump, it was just traders inexorably tracing a consolidation pattern. it didn't even break the main support. it is likely the first leg of a downward breakout but who wasn't expecting that?
Gox, since they turned off the exchange the moment it happened, hahaha. Didn't seem to like that drop one bit. "No! We can't fall downward through the pennant! Turn off the exchange!"
414.
Post 4408956 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.53h):
Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future?
415.
Post 4409110 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.53h):
Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future?
I'm hoping for moon. I'm expecting the worst. As always.
I just ready myself psychologically. Many people here don't want to do this and prefer to dwell in their delusions until inevitably, they are shattered. That is fine too.
Yeah, it is smart to be able to switch on a dime as needed. I love the full bull moon, but will head back into my bear cave when the market calls for it. If 2011-2012 happened again it would annoy me as it was a painful drawn out process, but I also loaded up on btc because of it.
416.
Post 4464888 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.54h):
how is this suppose to be bad news ? their business account is still open and receiving fund which is really good in a strange way !!
Because China has declared that illegal and it will be likely smashed down upon very soon. So Huobi is essentially just the illegal exchange now.
417.
Post 4599276 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.57h):
Guys the joke on us, I've been watching Mtgox and bitstamp and simply some smart people are slowly buying small batches of 20-50 BTC each hour and it has been happening for the last couple of day.
It is actually the same bullshit Gox bot that was identified a couple weeks ago. At least on Gox. People call it the "Willy" bot and is likely run by MtGox since it had trading access while everyone else was shut out of Gox for an hour+ last week. Most of this current rise on Gox is the Willy bot. Buys around 15btc every 7-10 minutes.
418.
Post 4600012 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.57h):
Guys the joke on us, I've been watching Mtgox and bitstamp and simply some smart people are slowly buying small batches of 20-50 BTC each hour and it has been happening for the last couple of day.
It is actually the same bullshit Gox bot that was identified a couple weeks ago. At least on Gox. People call it the "Willy" bot and is likely run by MtGox since it had trading access while everyone else was shut out of Gox for an hour+ last week. Most of this current rise on Gox is the Willy bot. Buys around 15btc every 7-10 minutes.
No- Huobi lead this small rise. BTC-E has also been relatively strong this weekend. You can't just blame bots.
I didn't say Gox lead the rise over all the exchanges, I said Gox alone. The bot on Gox has been doing the majority of buying over the last couple hours. I didn't originally identify this bot nor am I the only one who sees it exists. For Gox yes one can blame the bot. It buys 15 every 7 or so minutes and there has been a lot of volume. It is rather easy to spot.
419.
Post 4624029 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.57h):
So what is with those 10-20btc buys on gox every few minutes. They are going on for 4 days now... Not that I don't like them
, but lots of btc should be in that wallet till now (if it is one buyer - bot).
People have been calling that the Willy bot. He has been buying 15-17 bitcoins every seven to ten minutes since Christmas, turned off a couple times. Many are theorizing that Gox owns it since it was the only thing capable of trading last week when Gox went off line. Yet it kept trading for an hour and a half, slowly pushing the price up while no one else could do anything.
420.
Post 4624751 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_11.57h):
So what is with those 10-20btc buys on gox every few minutes. They are going on for 4 days now... Not that I don't like them
, but lots of btc should be in that wallet till now (if it is one buyer - bot).
People have been calling that the Willy bot. He has been buying 15-17 bitcoins every seven to ten minutes since Christmas, turned off a couple times. Many are theorizing that Gox owns it since it was the only thing capable of trading last week when Gox went off line. Yet it kept trading for an hour and a half, slowly pushing the price up while no one else could do anything.
to be fair, if you're buying ~$2m in bitcoin everyday, you probably have special priviledges with gox, so the fact it was running whilst gox was down probably doesn't prove anything
Indeed, the special privileges theory is also an option. There is no proof for anything at this point.
421.
Post 5087122 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.06h):
You really think MtGox's statement was actually correct and not a way to cover up their own incompetence? Or is this just your own automatic anti-dogmatic knee jerk reaction at work?
I do know that today, btc-e and bitstamp have halted withdrawals. Evidence enough for me. Plus, before that, gmaxwell, a core developer, delivered an explanation of the matter that I have posted here before:
http://www.reddit.com/r/Bitcoin/comments/1x93tf/some_irc_chatter_about_what_is_going_on_at_mtgox/cf99yacOf course MtGox were largely incompetent no matter how you look at it, from multiple standpoints, but that doesn't mean they were lying on the underlying issue.
Holliday, I think there is a severe lack of synergy in the Bitcoin world. I would have thought the Bitcoin Foundation would address this, but I stand corrected.
Yes, +1 to this, just as you agreed with me on IRC, MtGox has big issues, but in this case they warned the community and got a huge beat down. They deserve credit in this instance.
422.
Post 5152687 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.09h):
What I never understand is, somebody dumped 500 coins for 350 on gox and then somebody buys 0.01 coins for 370 and the price jumps up so fast to 370 on bitcoinwisdom. Why does it not go down that fast when somebody dumps 500 cheap coins?
That is the spread. In the situation you just described there are no ask orders from 350 up to 370 thus it is very easy to just buy 0.01 and make the price appear to be 370.
423.
Post 5179704 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.11h):
wow wtf 256 GOX VS 625 STAMPS
the market is saying there is a 245% chance mtgox will implode
Though it is hardly the markets choice as the bot selling 300btc every 5-10 minutes has done the majority of the drop. It has been eating through all support and pushing lower and lower for like a week now. It is pretty much the "Kill Bitcoin/MtGox" death bot.
424.
Post 5179841 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.11h):
wow wtf 256 GOX VS 625 STAMPS
the market is saying there is a 245% chance mtgox will implode
Though it is hardly the markets choice as the bot selling 300btc every 5-10 minutes has done the majority of the drop. It has been eating through all support and pushing lower and lower for like a week now. It is pretty much the "Kill Bitcoin/MtGox" death bot.
I'm sure he will find the mtgoxUSD very useful in the coming weeks.
LOL exactly what I've been thinking hahah. Unless of course it is MtGox themselves doing it and they just give themselves the money. It would seem to either be MtGox doing this to help themselves in some way, or someone or some organization that wants Gox or BTC dead. Though if it was an organization that wanted BTC dead, you'd think they'd just put these sell bots on every exchange and not just MtGox .
425.
Post 5179852 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.11h):
Are you feeling bearish or bullish?
I don't know how to feel
rather bullshitish
LOL I feel bullshitted on.
426.
Post 5180164 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.11h):
LOL exactly what I've been thinking hahah. Unless of course it is MtGox themselves doing it and they just give themselves the money. It would seem to either be MtGox doing this to help themselves in some way, or someone or some organization that wants Gox or BTC dead. Though if it was an organization that wanted BTC dead, you'd think they'd just put these sell bots on every exchange and not just MtGox .
Are you SURE it is really a bot, and a single one at that? And are you sure it is doing no buying? They can't sell too much for too long, noone has unlimited funds.
Not sure about anything haha, all just theories, but it certainly appears to be a single bot with the timing it has. Could be a single bot owned by many people, or multiple bots in sync, no way to know. It could also be selling through its own walls.
427.
Post 5468653 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.22h):
nobody (except bots and fools) is buying at those prices. the only question remaining is at what price everyone would just rush into buying BTCs. i'd guess 200-250$ to be the limit here where people would just buy buy buy
i'm sorry you missed the bottom, but capitulation is over. it's slowly up from here until the next bubble.
He's obviously delusional as any other waiting 200$ coins but this is far from "up from here until next bubble" yet.
to be fair, i did say 'slowly'
my point is that i think 400 was the bottom. i think from now until around june, price will be relatively stable (but with a slight upward trend) before we see the next bubble. i'm not saying it's not possible to dip into the 400s again, but i'm pretty sure we won't be going lower than 400.
I don't think the goxfear based flashcrash created a true capitulation bottom. It was nothing but a flashcrash within a downtrend and that downtrend will continue until the genuine bottom. I think we will at least be testing that bottom in order to confirm.
428.
Post 7044853 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.48h):
Woohoo for the rally. Been a while since I posted on here, been on tradingview chat for months. Come on 630!
429.
Post 7076503 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.49h):
So good, loving this action after all the pain of the downtrend.
430.
Post 7120551 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.50h):
WOW BITSTAMP. RELAX.
+1 to this. Lame ass sell.
431.
Post 7293221 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.52h):
Please don't insult women's genitalia by using them to refer to this loser.
+1
432.
Post 7839551 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_12.58h):
Is tradingview down for anyone else? I want to see my charts damn it!
433.
Post 8003078 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_13.00h):
This sure looks wierd. Whoever started the dump from cca $620 can't get back in at the moment, as there are far less sell orders to take us back than the amount that's been dumped since then. Someone is going to get burned hard IMO.
Probably had their bids preplanned and placed already awaiting others to panic and sell into them.
434.
Post 9092401 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_13.20h):
I'm not done yet, getting more ammo.
Amazing! Loving the show!
435.
Post 9094964 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_13.20h):
Hahah Nemesis!
436.
Post 9095036 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_13.20h):
I'm sure my fellow old timers remember.... THE MANIPULATOR! This stuff is 2011 nostalgia.
437.
Post 9095751 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_13.20h):
having fun?
So much fun, keep up the great work!
438.
Post 9098803 (copy this link) (by NamelessOne) (scraped on 2020-04-04_Sat_13.20h):
more fun?
I own this market!
so how do you feel?
millionar yet?
Oh i missed this. Fcking Nemesis guy again. Baller.....
I recall him being one of the first manipulators.
Yes, and he has some really quite interesting ways to do it. He is publicly a bull (at least used to be, I imagine still is) and wants BTC to succeed.
