All posts made by r34tr783tr78 in Bitcointalk.org's Wall Observer thread



1. Post 6553770 (copy this link) (by r34tr783tr78) (scraped on 2020-04-04_Sat_12.42h):

And we have to take in account that many orders are fake orders. When the price goes near, they are gone. Exchanges like Bitfinex allow fiat holders to put huge fake sell orders with only a fraction of the necessary money. The same can happen on the bid side.



2. Post 6790743 (copy this link) (by r34tr783tr78) (scraped on 2020-04-04_Sat_12.45h):

I'm also bearish, pessimist on china and surprised by this calm.
The volume continues to drop on Huobi and that was to be expected, since they have no deposits by wire transfer or third party systems, the leverage ended on the 10th May and it seems they already have the flat fee active for certain levels of trade (the translation is obscure: http://www.huobi.com/news/index.php?a=show_notice&id=356), but has dropped also on western exchanges (http://www.bitcoinity.org/markets/list?currency=ALL&span=24h).
Movement might be returning soon and I'm expecting it to be down, even if we can still go up to 2872, an important horizontal resistance.



3. Post 6796463 (copy this link) (by r34tr783tr78) (scraped on 2020-04-04_Sat_12.45h):

1) If an alleged troll is very good at what he is doing, probably he isn't a troll, he only has a different opinion and has the right to voice it. And, actually, he can be right (or not, this isn't my point).

2) Is really necessary to start insulting other members with different opinions or using ad hominem arguments? Lets play the ball, not the player. If someone is indeed a troll, just ignore him. Don't feed him by giving him attention.

3) All trolls (or anyone) are eluded if they think they really can influence the price. Since it's Huobi that is determining the price that all western and chinese exchanges follow, the price now is being decided basically by some hundred chinese large bitcoin owners, most of them can't read english or don't care for what we write here.