All posts made by zby in Bitcointalk.org's Wall Observer thread
1.
Post 2024583 (copy this link) (by zby) (scraped on 2020-04-04_Sat_10.56h):
Yeah, a supernode with a few hundred thousands $ + a few thousands BTC. Man, it's cheap to be a "supernode" in the BTC world! So what's Loaded or KnightMB... Or Gavin BTW?
According to
my classification of supernodes,
roughly the following amounts of bitcoins, coupled with the actual abilities to use them profitably, entitle you to the supernode status:
0.0th class supernode =
BTC1M
0.5th class supernode =
BTC100,000
1.0st class supernode =
BTC10,000
1.5th class supernode =
BTC3,000
2.0nd class supernode =
BTC1,000
2.5th class supernode =
BTC300
3.0th class supernode =
BTC100
Yes, I also think it is ridiculously cheap to be a supernode. But don't worry, it will become more expensive when the time is ripe. As I have been trying to say, in my view Bitcoin is insanely undervalued
Even in these MLM-like NLP-based games Vladimir was better.
2.
Post 2035521 (copy this link) (by zby) (scraped on 2020-04-04_Sat_10.56h):
I have a feeling that goat is right.
It will visit double digits today after all, one last time. Remember to buy yours then!
Don't listen to him - this is his own wall and he wants you to sell into it.
Just speculating
3.
Post 2045051 (copy this link) (by zby) (scraped on 2020-04-04_Sat_10.56h):
great rendering of the triangle that confirms my suspicions of an imminent correction/downward breakout.
I don't buy that one - why the triangle is going throught the point at Apr 29 and not Apr 23? The triangle involving the 266 hight was already broken, but now we can have another one starting at the low point and then Apr 29 high and resting on Apr 23.
4.
Post 2063466 (copy this link) (by zby) (scraped on 2020-04-04_Sat_10.57h):
EDIT: So i was thinking the other day, in a channel like the one above, if the volume is much higher at the lows then at the peaks, that would mean there is more resistance against breaking the lower support line right?
Looks like a bearish pennant.
5.
Post 2288127 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.00h):
Kind of strange - I was waiting the whole weekend for this - but it was climbing on that minuscule volume. Maybe the bears just had a weekend of.
6.
Post 2421578 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.03h):
Looks like there was the full set of 5 waves down - now 3 up? The forum is all doom and gloom - I guess the down trend at least temporarily has used all its ammunition.
7.
Post 2754110 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.11h):
Is there any bad news I missed?
No, just the bull trap closing.
When will people realize that we had very good news for the last weeks, but still the price goes down because price is driven by price action itself?
Hmm - kind off - but on the other hand the MtGox withdrawal problem is a huge bad news. People still don't believe what it can mean and there is some chance that it will not be a full insolvency, but if insolvency happens - than this will undermine the trust in bitcoins for a long time (and Bitstamp could be a next target of whoever orchestrated the MtGox troubles).
8.
Post 2977341 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.13h):
I call it top now. Just looking at the divergences and the wedge formation.
9.
Post 3354748 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.17h):
10.
Post 3354805 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.17h):
3) When you think you're entering a bid, you're actually in the ASK tab (the pages look exactly the same).
I've done all of these...
Yeah I'm particularly addicted to #3. Oh well.
Then use the old UI.
11.
Post 3354865 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.17h):
This is for all accounts or this particular one? Because if it is for all that could mean they are preparing to take some money from people accounts.
yep, does Cyprus ring a bell.
chances are it's only this one account. Don't get all wet in the pants.
- looks like it is about the whole bank. But the date on the letter is 8 of Nov. - so it has been planned for some time.
12.
Post 3394414 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.18h):
Those big Whales will start dumping at certain price point you never know, may well be a collaboration between the big players from the east and west.
Dump with friends!
13.
Post 3436612 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.19h):
I still see a bearish wedge on gox.
Yes, I've been watching this bearish wedge continue to rise following the correction, and wonder if it will indeed break downwards. Is this the one you mean, or are we on different time frames?
No volume here.
Yup
I'm not going all in until that breaks upward.
Hourly MACD diverges as well.
14.
Post 3517333 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.21h):
going pretty parabolic here.
Parabolic is OK, even exponential is OK - hyperbolic is what you need to fear.
15.
Post 3832617 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.32h):
China giveth China taketh. Looks like this is the end of the rally.
16.
Post 3868033 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.34h):
The bounce backs are not what they used to be.
17.
Post 3931400 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.36h):
I seriously can't believe people are still trading on MtGox.
I use mtgox because I don't trust any other entity with much of my funds. We've seen many exchanges come and go (bitcoin24,bitcoin7,tradehill,bitparking etc) but mtgox has been here all the time.
Mtgox also has the highest price (and much volume/depth) and I am able to withdraw euro (or simply wait for price to equal any other exchange which happens occasionally). If I'm going to sell, it makes sense to sell for the highest price I can get.
In conclusion I like gox, and I feel that my funds are safe with them.
Goxxing doesn't bother me so much, yes it can be annoying, but trust is more important for me (but i don't trade a lot anyways). I think btc-e is great, low fees, many trading opportunities, but I don't trust them as much (or more precise I'm fearing that they will eventually be targeted by law enforcement).
And correct me if I'm wrong, but Japanese and Polish account holders don't have delays when withdrawing from MtGox, no? Isn't it just the US and other parts of Europe?
I hoped so - but my transfer to a Polish bank is still just 'confirmed' for nearly two weeks now.
18.
Post 4029724 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.42h):
19.
Post 4029992 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.42h):
BTW guys, as much as I hate watching the "stage of a bubble chart" but it seems so F%&$/!? accurate, Is Bitcoin a different story ?
Looks familiar ?What is this? I have never seen this before, ever!
There must be an internet law about this - like the one with Hitler.
20.
Post 4046670 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.43h):
It's pretty funny to watch an entire thread of that shit, actually. There must be like 5 people controlling 20 accounts.
BTW I have only one account and yes I do sometime come here to make fun out of some users here, but this doesn't make me a 100% troll, most of the time I post really informative posts or call it my point of view, if you do not like my point of view than move on there is nothing to see here....
Maybe you are trolling - maybe you are just a newbie - but your posts are irritating because you pretend that you discovered something new - while the same very thing has been discussed here ad nausea.
21.
Post 4461419 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.54h):
Looks like they are closing the weekend rally a little bit earlier this week.
22.
Post 4481420 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.55h):
When do we start threads with 'How does it feel to buy above $1000'?
23.
Post 4539061 (copy this link) (by zby) (scraped on 2020-04-04_Sat_11.56h):
[...]
A pterodactyl head. No doubt!
aka descending triangle
bullish pennant
24.
Post 4994776 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.04h):
Funny thing is the last time Bitfinex market sentiment was 2:1 Bearish to Bullish a panic buy occurred. This time around the sentiment is 2:1 Bullish to Bearish, I wonder what is going to happen this time around. Too many people are buying on margin, believing this is the best time to buy coins.
There have been quite a bit of longs already cleared at bitfinex (check the outstanding debt - it was 20 millions and is 17 now) - that's why it was so much lower than btc-e. I think now bitfinex is ready for some more up movement (at least in the short term).
25.
Post 5002418 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.04h):
Anyone observes the bitfinex walls?
26.
Post 5051418 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.05h):
Why are people selling on MtGox - do they believe that they'll be able to withdraw USD when they cannot withdraw BTC?
27.
Post 5135580 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.08h):
...
The bottom is in, Boys. We'd need a completely new disaster to take it lower.
Bold statement!
28.
Post 5192691 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.11h):
And it announces downtime on Saturday - totally Gox style!
29.
Post 5355433 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.19h):
Gox realized they have been fleeced after two years - are you guys sure that other exchanges are safe?
30.
Post 5915248 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.29h):
So we are approching the triangle/flag end, is this the up breakout ? *Open eyes*
Here is an Chart I did 2 days ago with updated candles :
(check original here :
https://www.tradingview.com/v/LWuJblFx/)
I'm wondering if the ask wall @600 on Stamp are real or not.
I am watching the same line here. I think the walls are real and still they will be eaten.
There is another long trend line around 610 - but if 600 goes then it will go past that other one too I think.
31.
Post 5996785 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.31h):
really starting to believe that statement was an internal memo that got leaked from the pboc on its way to exchanges.. Mind you I'll change my mind if across the board halts come..and then watch them flow to btc-e lol
This is on front page of
http://www.btctrade.com/"Dear user: third-party payment channels received notification today, will be suspended directly online recharge functionality April 1, recharge will continue to use bank transfers, daily transactions and withdrawals are not affected, please understand! 415 for the recent events, Bitcoin transaction network (btctrade.com) yet received any notice, the recent market volatility is large, please investors cautious investment.".
bter has made a similar announcement.
I realize a lot of those who post in this thread has a very hard time accepting reality. Perhaps someone will be kind enough to send you a telex with the memo eventually?
I advise you to accept reality and the fact that some CNY exchanges already confirmed that the PBOC document is real before we re-visit double digits.
For negative stuff isn't it sell on rumours buy on news?
32.
Post 6036344 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.32h):
It is past midnight in Beijin - have they already freezed those accounts - so that we can get over China (and the fake volumes)?
33.
Post 6139966 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.34h):
Maybe this is related to Bitstamp stopping withdrawals until tomorrow?
34.
Post 6245374 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.38h):
There was a wedge in Huobi - it broke down in a classic way.
35.
Post 6264181 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.38h):
So this wave of panic is over. Some made good money but most as always lost money. People are buying back in again. Most likely with a loss. We're slowly going up again.
So now we wait till next round of China news? So we can repeat this shit all over again? Same whales with insider knowledge make money, the same sheep lose their money and the same bears will be screaming how we will go down to 250 this time.
Is that what everyone wants? It certainly looks like it.
It just totally amazes me. These waves of panic buying and selling have so very few winners and so many losers yet people keep doing it over and over again. Like they never learn.
The news are tightly correlated with the moves - but there would be corrections even without these announcements. It raised $200 during a few days - it is normal that we get a correction. What would you expect - a linear growth to $1000?
36.
Post 6280327 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.39h):
Too many bullish threads. Time for a correction.
But will it be just a correction - or was the run up to 540 a correction of the longer down trend that just resumed its reign?
37.
Post 6452305 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.41h):
The Chinese dumps are not what they used to be.
38.
Post 6454892 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.41h):
Reverse H&S yesterday - target above 460, then if we breaks 455 - there will be another H&S (less nicely looking) with even higher target 475.
The Chinese scare does not work any more.
I think we'll rebound significantly.
39.
Post 6455766 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.41h):
Reverse H&S yesterday - target above 460, then if we breaks 455 - there will be another H&S (less nicely looking) with even higher target 475.
The Chinese scare does not work any more.
I think we'll rebound significantly.
The nature of the fractal is that the outer H&S keeps failing. One thing that should tip you off is that the volume in the head here is always
lower than the volume in the shoulder. Also, this will probably be the last incarnation of the fractal because the end will be too close to the long term log downtrend for another even larger fractal to be drawn. So we either break through the downtrend or collapse down again. Which way will it go? I prefer to bet with the dominant trend.
It broke that downtrend on linear scale - it can also break it on the logarithmic one.
40.
Post 6471102 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.41h):
Huobi is no longer lower than Bitstamp.
41.
Post 6496525 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.42h):
Looks like some serious shorting going on - the sum of swaps on finex is 9.5K (if I remember well yesterday it was 8.5 then 9 then again 8.5).
42.
Post 6513385 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.42h):
I actually like the poll going on right now...some of the terms are so fitting for the differences in attitudes rolling through this forum on a daily basis
Even if you assume that people would correctly asses their own state - it would be still rather useless when we don't know if they are long or short.
43.
Post 6895149 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.46h):
On a very short scale divergencies, up trend broken - time for a correction.
44.
Post 6986297 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.47h):
By the way - what is the current status of the Chinese exchanges? Are they cut out from the banking system and use HuobiCNY and such?
45.
Post 6986583 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.47h):
By the way - what is the current status of the Chinese exchanges? Are they cut out from the banking system and use HuobiCNY and such?
i don't think so. i haven't heard anything about that, as far as banking options being cut. seems like everything just continued as usual. last i heard, all options were more or less still available and the status quo hasn't changed. puts a nice cloud of mystery over the whole market....
Wonder when we'll have another bunch of news from there.
46.
Post 6987930 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.47h):
It would be nice if you people could stop dumping mmmkay?
It is the Chinese - not us!
47.
Post 7264605 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.52h):
Have you guys noticed how rallies precede good news - not the other way around?
48.
Post 7284563 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.52h):
When will deleveraging happen? The outstanding swaps only grow on Bitfinex.
49.
Post 7289006 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.52h):
Last time we were around 600s, there were 15 million in loans. This time, it is 25 million. The longs are ballooning up without reason, and I sense another Bitcoinica.
Can't it be that Bitfinex is simply getting bigger and more popular? Like Bitstamp's orderbook was getting bigger pretty fast in the wake of Gox stumbling and failing? I remember that in the past Bitfinex was always out of USD to borrow, which prevented the loans to reach new ATHs then. Maybe they're growing out of that phase now as people are getting fed up of Stamp and don't trust BTC-e.
They've stopped routing orders to Stamp - so they are not limited by the amount of USD they have on Stamp (but I hope they still limit the swaps to the USD they have received from their customers).
50.
Post 7289037 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.52h):
This 'price moves on or is correlated to the news' mindset is some sort of old school wall-street-minded thinking which started up when all these 'wall-street' people and big experienced investors started getting involved with bitcoin - that is the only way they know how to think. They aren't familiar with this decentralized market structure with the predictable underlying technical forces that we are familiar with, lack of regulation/transparency, and gigantic chunks of the supply being held by irrational children.
A big part of deficit in the crypto world isn't only held back by irrational children. A very big part is held back as a rational plan by grey area players, who run the market.
Most of the people underestimate those who actually run the exchanges. They rake in a lot of coins with fees, while their operating costs are quite low. But that's not it. They can earn even a bigger amount by playing the market with having access to information that isn't public. They have an detailed overview of their customers balances and they can even map their customers trading habits. If they are anywhere near being smart, then they are also sharing this information with each other and collaborate their trading actions. This consortium is probably the one who is mainly responsible for the artificial deficit created in the crypto world.
This is probably illegal in every possible jurisdiction.
51.
Post 7527269 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.55h):
Despite the correction, swaps continue to grow. I have the feeling that we need a bigger one to clear the risky longs and deleverage the market.
52.
Post 7617363 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.56h):
Wedge on Stamp (on other exchanges it is similar).
Plus divergencies in RSI and MACD
53.
Post 7633365 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
what's the latest with the auction? that one bidder won everything?
when do we expect the winner to announce themselves? I say by july 7
I would not count on him announcing this at all. On July 7 it would be probably below the current exchange price (if it is not yet) - so it would not be in his interest.
54.
Post 7633764 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
It looks like the traders are insensitivized for good news - too much in a raw and the don't notice it any more
55.
Post 7636878 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
The train stopped moving. The auction gave it a small push up. Then it slightly crashed because oooommmg 1 winner. Now we're stuck. I might be wrong but i have the feeling people need a specific reason to buy more. Another deadline that turns out bullish. Obviously amazing news about big companies means nothing anymore.
I don't see anything bullish happening soon so my guess is we will go down again. A big dump followed by panic. Or a new round of hot steamy FUD. People soon will be looking hard for a reason to dump.
People are looking for a reason to sell. Not to buy. And that reason for selling can be almost anything. The reason for buying, almost nothing.
And i hate to sound like Tera so i hope i am completely wrong.
People don't want to sell because of the news - but most traders are probably full in BTC now after such a raw of good news - so no more buying before new money arrives. It probably will stagnate for a while.
But breaking down 638 (Stamp) and extend the correction a bit.
56.
Post 7669675 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
Remember - who panics the first panics the best!
57.
Post 7670364 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
There is no reason for a dump at all -- the news has been wonderful. And yet I have this sick feeling that we are going to have some dramatic movement like a flash crash or some other bull----
I'm still expecting quite a crash as well. People are waiting to go up which isn't happening. Sooner or later they will start selling instead. Then they will panic and think this is as high as we will go and dump it all.
It would suck so bad if we're going to 600 or mid 500's again
As i said before all this good news and nothing happens. Even the media is very positive. Unless Amazon accepts Bitcoin tomorrow it really can't get much better atm. Everything is there to go up. Yet we go down instead. It really looks very bad. Give me a good reason why this suddenly would change? Why would everybody start buying instead?
Next week will be boring. No auction, no big new companies, nothing. If we already go down this week then next week won't be pretty. And when that happens i'm almost sure some fresh new FUD will appear out of nowhere to make sure we crash hard.
The good news will have an effect in a month - now the USD on the exchanges is spent - no more up movements and people want to lock in their profits from the recent rally. It's always the same.
58.
Post 7671537 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
flag pattern completed
time to look upward
That was a great theory!
59.
Post 7673824 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
europe banned bitcoin ?
No, Europe did not and will never ban bitcoin.
They just warned banks that they should not deal with bitcoin because it's too risky.
They do not even say banks aren't allowed to use it, they just advice against it, and only for banks.
As always, bitcoin price overreacts heavily to news that sounds bad (even if it's not bad news, banks did not care about bitcoin in the first place). And it does nothing to reflect all the good news lately.
Even more reason to believe the price will soon skyrocket, because we have been ignoring the developments of the past few months completely.
That reads exactly like the Chinese bans at the beginning
60.
Post 7674259 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.57h):
europe banned bitcoin ?
No, Europe did not and will never ban bitcoin.
They just warned banks that they should not deal with bitcoin because it's too risky.
They do not even say banks aren't allowed to use it, they just advice against it, and only for banks.
As always, bitcoin price overreacts heavily to news that sounds bad (even if it's not bad news, banks did not care about bitcoin in the first place). And it does nothing to reflect all the good news lately.
Even more reason to believe the price will soon skyrocket, because we have been ignoring the developments of the past few months completely.
That reads exactly like the Chinese bans at the beginning
Better sell your bitcoin then
I've sold it earlier today. I don't really think this correction is related to this news - it started because people spent all their USD during the good news carnival. After the rally started to lose steam people realized that they might lose their profits and started locking in. It is all the time like this.
But nevertheless what I quoted reads exactly like the Chinese bans last year.
61.
Post 7872759 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.59h):
I am now starting to think that for the next bubble we'll need to wait until next halving - that is 2016. The halving in 2012 resulted in the 2013 two bubble summits and that is all, the grow from 340 to 680 was just a correction on the down trend and that correction is over now. Good news seem to be drying up and people start selling - when it breaks 600 that will accelerate and then at 500 bitfinex will start margin calls.
62.
Post 7874489 (copy this link) (by zby) (scraped on 2020-04-04_Sat_12.59h):
lol every exchange has minimal trading if you just decide to take out all the big trades lmao
New rules for discussing volumes;
Take out all trades above 500BTC as they are not real they are just manipulation buy and sells. No one could ever want to buy or sell that many coins
I think you are wrong.
I understand that you or me will not buy/sell that amount. But you should know that big whales are around ...
People buy and sell houses for bitcoin. .
Are you being sarcastic or did you fail to detect the sarcasm in the post you quote?
63.
Post 8068912 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.01h):
looks like the bottom is in ... got a big finger of volume in there too.
Bottom for how long?
64.
Post 8071352 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.01h):
Reverse head and shoulders (half an hour scale at all exchanges I checked), confirmed by divergencies in MACD and RSI on hourly scale. Looks like this was a (temporary) bottom!
65.
Post 8098341 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.01h):
So what do you guys think about the fact that the wall at 575 disappeared?
Someone finished selling his stash and does not need price support any more?
66.
Post 8099142 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.01h):
For me the pressure down feels like 2011 - long slow slide.
67.
Post 8370654 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.05h):
Bitfinex said:
“In this particular instance, we had two extremely large, unforced, market sell orders come in one after another. While there were some forced liquidations, it was not the majority of the trading activity around that time. This community should be not be concerned about this particular event.”
“All systems performed nominally and according to design. We were very pleased to see that our hard efforts in improving our risk management technology and process yielded an orderly result.”This explains why the long squeeze and trying to force cascading margin calls didn't work, and only stopped at 451.
This also explains why the bfx bidsum is so high, the whale manipulators trying to catch the long squeeze. Buuut it didn't work, so there's that.
The amount of USD swaps decreased significantly - so while it might have been 'not forced' but apparently these were long liquidations. The result is not much different when you are very close to the margin call and you decide to sell yourself rather then go through the liquidation or if you get the margin call.
68.
Post 8373188 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.05h):
Nearly every top thread is about crash.
Divergencies in MACD and RSI in hourly Bitstamp charts.
Looks like time to bounce back!
69.
Post 8411808 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.06h):
It's always amusing to log in and see the change in sentiment you guys get from a 3-5% swing in either direction.
5% up this thread is TO DA MOON with happy gifs, rockets and bulls.
5% down and everyones crying into their hankies, talking about blood and posting expert analyses on why bitcoin will be worthless soon.
There's no middle ground with many of you
Outside of bitcoin 5% swing is huge.
70.
Post 8522112 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.08h):
Looks like a textbook Inverted Head & Shoulders pattern is forming....
Very Bullish
In my experience 'a pattern is forming' has zero information for trading - because it is usually the last step that is important. H&S is for example an uptrend - that is suddenly broken - this is the trend break that is the important thing. Maybe with the exception with triangles - they do tend to break in the direction of the trend - so they can be played easily.
71.
Post 8530377 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.08h):
Triangle inside a triangle:
The small one was broken up in the meantime (as expected) - but the rally should not be too durable.
72.
Post 8537218 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.08h):
Which if you girls keep selling down to exactly $500 at BFX?From looking at ze volume chart I first assumed there was a hidden order there but no, it's some fatso who keeps selling down to $500 exactly but never below. I thought this fat-girl was done yesterday after spewing out nearly 2k BTC but no, she is clearly at it again today.
1) Who is this fat women doing this?
2) How many BTC has she got left?
3)
War against a foreign country only happens when the moneyed classes think they are going to profit from it.4) This bullflag won't break up to the upside dragged by western exchanges as long as she keeps on doing this unless China (who did 8k BTC between 3070 and 3080 yesterday before trying to move up) drags BFX by the hair.
Looks like bulls are losing temper.
That was probably the most disturbing comment in this forum in a loooong time.
73.
Post 8554866 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.08h):
If it breaks 510 probably another bull trap
That's what I am looking at (on Stamp).
74.
Post 8580624 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.09h):
Bull markets are born in pessimism, grow in skepticism, mature in optimism, and die in euphoria.
There is no pessimism yet, so I do not expect any fireworks soon.
Maybe the price will NOT shoot up for several weeks after september 1st, so we still have some time (maybe a few weeks) to continue to accumulate coins, just like the big wigs are doing?
Accumulating anywhere between 100 and 200 BTC should be a pretty decent position to be in.. even though lower quantities of BTC may suffice too, and even larger quantities will give even a greater feeling of security with a cushion.. in order that we would be able to sell a few coins when the price is between $5k and $10k.. just to shave off a few coins for when the price bounces back down to the low $2-$3k arena.... and then to buy back again.. at those lower prices in the $2-3k range.. Well better to buy some now, but sometimes it is tough to set aside enough cash without becoming overly stretched.
Still planning about selling between $5k and $10k - no rally!
75.
Post 8588135 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.09h):
It starts to look like a bullish pennant on a daily chart.
76.
Post 8621096 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.09h):
Looks like a lot good news today - I wonder if it will stop the down trend.
77.
Post 8621139 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.09h):
Looks like a lot good news today - I wonder if it will stop the down trend.
What good news? Openbazaar and nude pics of Jennifer Lawrence?
Have a look in
https://bitcointalk.org/index.php?board=77.0 - maybe it is not really all good news - but for hype any news is good news.
78.
Post 8950785 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.15h):
So nothing could take us up anymore. Only if a company like Paypal or Amazon would start accepting Paypal things would change. This is what i kept reading the last 6 months.
So Paypal accepts Bitcoin, we go up a little bit, just like everybody was hoping for and then you traders absolutely started dumping the shit out of the market.
Finally new people were motivated to buy again and you dumped straight in their face so you could take your 150 bucks profit.
Well done!
You stopped the only possible uptrend we could hope for at this point.
Really, well done idiots!
Please stop making posts wondering why the price won't go up.
Looks like it all is a very short term play. This Paypal announcement is a big thing - but the effects will be there approximately in a year from now and in that time we'll finish this whole downtrend cycle.
79.
Post 9021000 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.17h):
The Manipulator is back! I feel like 2011
80.
Post 9033918 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.17h):
This could be the start of something special
A big dump?
Too much negativity in this forum, plus divergencies - looks like the down trend is exhausted.
81.
Post 9034114 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.17h):
bullish divergencies
reverse H&S
failed attack on the 350 bid wall
some EW counts (from threads here)
PayPal (this is a long term thing - locally it does not have a big effect - so the immediate rally failed - but it will generate a constant upward pressure)
this forum sentiment was so gloom and doom that it cannot go probably go any lower
I think this is at least short/medium (depends on what is short term for you - I am thinking here in weeks) term trend reversal.
82.
Post 9071087 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.18h):
It looks like it will not stop just like this - it requires some fireworks for the trend reversal. Either a huge sell off of a huge buy.
I think it is the bots - they are just programmed to go with the trend.
83.
Post 9078720 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.19h):
I wonder if someone is holding a short from over $1000.
84.
Post 9167495 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.22h):
Any theory about the difference in price of the walls at stamp and finex? The stamp wall is close to the ticker above 360, the finex wall is at 356 and quite a bit lower than the ticker there.
85.
Post 9312732 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.26h):
Some one should make a bitcoin-scams chart. Would be a great bearish indicator.
A recent one:
https://bitcointalk.org/index.php?topic=833468.0
86.
Post 9424993 (copy this link) (by zby) (scraped on 2020-04-04_Sat_13.29h):
What do you guys think about the lack of asks in the books? The ask side is totally flat on both Stamp and Finex - no walls, no even small ramps - only the Chinese exchanges seem to have some kind of balanced book.
87.
Post 15289506 (copy this link) (by zby) (scraped on 2020-04-04_Sat_14.53h):
