All posts made by Wagner2014 in Bitcointalk.org's Wall Observer thread
1.
Post 2651219 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.08h):
Where's all the bulls? Why is nobody buying? It's so "cheap". Forum full of people who claim to believe in Bitcoin and there is no buying pressure. This forum is all talk and hot air.
They just enter the login and password at this time
Different question. Where are the sellers now? Sell side looking thin and $72 the low for a while. Are those bulls with orders in the 60s going to sit back as it retraces to $100?
2.
Post 2679284 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.09h):
Someone is selling 4,000 plus coins now...
3.
Post 2687623 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.09h):
moving up surely and slowly...will hit the $80 mark pretty soon..
easy does it. careful...
4.
Post 2703346 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.10h):
^ a short term uptick was necessary and expected...before resuming the overall medium term downward trend...the pattern remains: lower highs and lower lows...that pattern has not been broken yet....
5.
Post 2703865 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.10h):
^ a short term uptick was necessary and expected...before resuming the overall medium term downward trend...the pattern remains: lower highs and lower lows...that pattern has not been broken yet....
How can you say that after checking out the 12 hour chart, such as below:
http://bitcoinwisdom.com/markets/mtgox/btcusdHow can I say that? Because I'm not stating an opinion on the 12 hour chart. Try checking out the daily chart. Beginning on April 23, 2013 we have been on a downward trend - of lower highs and lower lows. That trend has not yet been broken. That's the point I was trying to express. If the trend continues we should hit a new low in the next 4 or 5 weeks, right in time for the doldrums of August.
6.
Post 2736670 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.10h):
hey, don't be dissing chartbuddy !!
7.
Post 2737192 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.10h):
1000 bid order is popping up desperately trying to push it up over 100.
the bid is at 98.4...
8.
Post 2737257 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.10h):
1000 bid order is popping up desperately trying to push it up over 100.
the bid is at 98.4...
So?
just an observation...
9.
Post 2738386 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.10h):
Not much longer now. The 12 hour chart is unbelievably bullish. The bears in the low 100s are going to be massacred.
12 hour chart? massacred? really?
10.
Post 2753453 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
Looks like MtGox is beginning to shake off its denial and join the ranks of the 80s. This is only the beginning.
Indeed...quite the fall in the last few minutes...in the 80s now...
11.
Post 2753537 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
and the bubble continues to deflate......
12.
Post 2753691 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
88 breached
13.
Post 2753797 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
14.
Post 2757708 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
we are still in a downturn, deflating the massive bubble that began to burst in April...the run up was from around $13 in January 2013...we are now in a down trend with lower lows and lower highs...that pattern continues...once the pattern changes, it changes...what are ppl arguing about?
15.
Post 2757828 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
Does this look like it will revisit triple digits anytime soon to you?
It could, but I am expecting a lower low and lower high for the next leg down. Until the trend changes.
16.
Post 2759352 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
88 is breached again...
17.
Post 2764474 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
We just recovered 5 dollars and no activity here? Seriously?
Bears aren't dancing anymore....
I must have missed it as we are still in low 90s...
18.
Post 2770619 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
19.
Post 2771215 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
1088 buy wall at $89...someone doesn't want the price to go down...
20.
Post 2771297 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
1088 buy wall at $89...someone doesn't want the price to go down...
That is not even a wall. How long you been around here?
Also, when a wall get pulled (most do), the price moves TOWARDS the wall not away. Price manipulation 101, bro.
Dummy.
I was going to respond, but then noticed you are ignored already with what 100 posts.
idiot
21.
Post 2776420 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
I don't understand. Which down? Sideways down?
Zoom out to D3.
I can see a clear pattern on that D3 chart.
Each high is lower than the previous and it looks like we just had a new lower high of around $104 on our long journey towards the bottom.
Bingo...until the trend changes, the current term trend is down...the bubble is still deflating.
22.
Post 2776896 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
it's always useful to look at the larger picture...i think the deflation of the bubble is evident...but not complete...
23.
Post 2777003 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.11h):
Burst bubbles slowly deflate. We were discussing evidence besides the price chart for the ongoing deflation of the bubble. I don't know why you refuse to understand that we have had a bubble and that it's deflating.
Perhaps it is this: Date Registered: 14-03-2013, 03:59:40 I see a lot of bubble deluded who signed up during the bubble and have seen no other face of Bitcoin.
Interest is fading all across the board. Simple.
Instead of looking at how much time has passed you should be looking at how much volume has passed.
We are way past where you think we are. It is a whole new regime.
so? you are saying the price is going up? if so, by how much? i think the opposite...the downside risk is a much higher % ...i.e., $50 more likely to come before $150...just looking at the charts...and the history of bubbles...
24.
Post 2812936 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
93...come on down!
25.
Post 2817993 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
someone is trying to keep the price up...price is at about 93...then placing bids at 95...blocks of 100s...
26.
Post 2818029 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
someone is trying to keep the price up...price is at about 93...then placing bids at 95...blocks of 100s...
trying to keep up the price, or buying before the other waiting buyers below him?
I say the former, because the highest bid is 94.1...about to slip to 93...then bid for 200 is placed for 95.0 (a $1 gap up)...that's eaten up, back down to almost 93 and another 200 bid is placed for 95...then a few 10 bids for 94.999...you get the picture...
27.
Post 2818084 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
It took 5 to 6 months for the June 2011 bubble to fully deflate and begin a new upturn...the June 2011 bubble is the most similar bubble to the present bubble...we have just past month 3 since the ATH so it is possible the bottom might not occur for several months yet...
28.
Post 2818146 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
someone is trying to keep the price up...price is at about 93...then placing bids at 95...blocks of 100s...
trying to keep up the price, or buying before the other waiting buyers below him?
I say the former, because the highest bid is 94.1...about to slip to 93...then bid for 200 is placed for 95.0 (a $1 gap up)...that's eaten up, back down to almost 93 and another 200 bid is placed for 95...then a few 10 bids for 94.999...you get the picture...
interesting..
It's still happening right now...
It took 5 to 6 months for the June 2011 bubble to fully deflate and begin a new upturn...the June 2011 bubble is the most similar bubble to the present bubble...we have just past month 3 since the ATH so it is possible the bottom might not occur for several months yet...
I really don't think this bubble and the june 2011 bubble's market dynamics are that similar as many on this board lead us to believe. We thought Bitcoin was over as it was nearing $2. This is not the case now, rather we all know it's going to eventually go back up. It's a matter of deciding who's going to buy how many at what price right now provided purchases don't push us to the upside too much (see rally from 60s to $104), or even perhaps simple indecision, versus "Ahhhh gotta get rid of all my coins before they're entirely worthless
" + "ahhh $2, buy when there's blood on the streets
"
Well, it's still early days...what if we are at $20 rather than $95?
29.
Post 2822600 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
I strongly believe that most TA is entirely useless for Bitcoin at this stage. The trading volume is too small. It is not very liquid. If only a tiny % of bitcoins exchange hands each day, it is difficult to discern through the popular TA methods the price direction or any meaningful patterns. Things like resistance and support levels are less meaningful. One large player can have a major impact on the price. So, it amounts to a guessing game more or less.
In addition, the Bitcoin market is subject to price manipulation to a greater extent than a lot of more widely held securities. It is more like a penny stock at this stage.
So, for all you Bulls cheering about reaching $100, congrats for being 'right', but some large player can just as easily knock the price down to $50 in short order and then you'll be 'wrong'.
30.
Post 2836876 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
It's climbing high on relatively low volume. Not convincing, is it? Someone's been working hard though to move the price up over the past few days. The question is why? And will it work?
31.
Post 2851619 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
Will we breach 100 on today's candle?
32.
Post 2862290 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
re. paypal rumor:
a) You have to trust someone that breaks trust of company he works for and likely confidentiality obligations. And for what?
b) How is a company like PayPal going to "accept" business in bitcoin currently? Paypal has to consider the legal ramifications of doing this in every country in the world where it operates, and where the legality of bitcoin is not yet certain.
c) It would be much safer for PayPal to invest money in a company like BitPay to hedge its bets going forward but to separate its current business from a speculative investment in a 'currency' of questionable legality.
d) Do people really believe random rumors posted on internet message boards? Use your head!
33.
Post 2862300 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
PayPal has hinted about this in videos months ago, the logic for a such a move is sound, the guy talks better than I would be able to fake about PayPal and lines up with what has been happening recently, he is offering to take wagers and post pic of access badge, and Vladamir knew about the ETF before it was announced and he has started his Country Gold Parity parties again......
Fuck it, I think it's happening. My fiat is on the move...
I've always wanted to follow an age-old trading maxim.
so here I am, buying on rumor, (maybe) selling on news
A post on reddit from an unknown poster doesn't qualify as a "rumor" in the sense of the maxim.
34.
Post 2862328 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
At the end of the day untrue "rumors" won't sustain any increase in price. They'll just increase volatility which is good for trading but not for the long term prospects of Bitcoin.
35.
Post 2862336 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.12h):
PayPal has hinted
...
of course bitcoin is the future its on a matter of time till everyone get with the program, expecting more "Rumors"
Granted, the question is whether the future is now.
the past we cannot control
the future is set in stone
today is a gift
this is why we call it the present
who do you think you are? an internet philosopher king?
if the future is set in stone, none of this matters and today is not a gift, it just is...
36.
Post 2895246 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.13h):
Nice 104.67!
the action today has made it pretty clear the downtrend is done!
LOL. The price is lower so we must be in an uptrend!
37.
Post 2929369 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.13h):
OK, so I see a bid of say 110.7
Then, someone steps in a places a bid at 111.7
Not, 110.70001...NO! It must be 111.7...a full $ higher.
So, who's trying to push the price up? Why? And for how long?
38.
Post 2929389 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.13h):
OK, so I see a bid of say 110.7
Then, someone steps in a places a bid at 111.7
Not, 110.70001...NO! It must be 111.7...a full $ higher.
So, who's trying to push the price up? Why? And for how long?
It's called panic buying.
It's either bozos or manipulators.
39.
Post 2936799 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.13h):
During the last 3 days about 20k BTC have disappeared from the order book (at least as I write this).
Do you think it's just one major player (possibly a company) buying? Is the withdrawal of funds from Fort Gox via BTC over?
I think it's one major player (probably a company) instigating and maintaining the uptrend to acquire an inventory of bitcoins as cheaply as possible while keeping the price as stable as possible to protect their assets.
This makes no sense. If I was a major player and wanted to acquire bitcoins as cheaply as possible, the last place I'd do it would be on Mt. Gox.
Mt. Gox only has 50% of the volume and the price is 10 -15% higher than on the other exchanges. I'd be buying on the other exchanges that together have just as much volume as Mt. Gox.
The more likely explanation in my view is that some people are worried about their $$ held captive in Mt. Gox and are buying bitcoins to get their money out.
40.
Post 2961930 (copy this link) (by Wagner2014) (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
a break of $115 (if sustained) is truly bullish (wether driven by gox crap situation or not doesn't matter)
actually it does, it matters a lot...
41.
Post 2962148 (copy this link) (by Wagner2014) (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
a break of $115 (if sustained) is truly bullish (wether driven by gox crap situation or not doesn't matter)
actually it does, it matters a lot...
No, still bullish regardless
How is a bank run bullish?
42.
Post 2996703 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.14h):
this is a bullish setup IMHO...
everything is bullish to you...
43.
Post 3016060 (copy this link) (by Wagner2014) (scraped on 2020-04-04_Sat_11.14h):
Does it make much sense for little fish to trade when this market is obviously the plaything of a few well to do chaps?
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
