All posts made by samsam in Bitcointalk.org's Wall Observer thread
1.
Post 4021026 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
How long will it take for the Chinese to cash out of BTC and back into Yuan???
2.
Post 4021114 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
Ok, put in you predictions for where the market settles in the next few days.
Assuming most the Chinese cash out, I'd say $200-$300.
3.
Post 4022032 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
BOOM!!!!!!!!!!!!!!!!!!!!!!!!!!
Bitstamp hit the 400s.
4.
Post 4022096 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
The next battle will be if there is enough buy support to stay out of the 300s.
5.
Post 4022121 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
I think the Chinese are moving BTC into other exchanges to sell.
Bingo!
6.
Post 4022168 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
I admire the bulls. They are choosing to go out like the 300 from Sparta against a million Chinese bears.
7.
Post 4022987 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
...and we are back in the 400s.
8.
Post 4023182 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
The Chinese are liquidating their holdings in BTC:
http://bitcoinity.org/markets/btcchina/CNY
9.
Post 4023232 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
Well Chinese exchanges can only sell now, what if the sell all the way to 0, will other exchanges follow?
The non-Chinese exchanges won't liquidate.
There will be a race to see who can buy at the bottom though.
10.
Post 4023940 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
11.
Post 4024121 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.41h):
Guys are you checking transactions in Blocks ? there is allot of coin mixing going on, each time the price falls down I check the blocks and I see so many mixing going on!!!! I am still curious of what is going on !!!!
Sheep marketplace thief finally had enough volatility to hide his dumping of his stolen coins???
12.
Post 4033528 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.42h):
Anyone care to guess the bottom on this one?
Hard to guess since China is still asleep. Sub-500 for sure.
When they wake up and see the price on the non-Chinese exchanges the fun will really begin.
13.
Post 4034503 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.42h):
Back in the 400s.
14.
Post 4034667 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.42h):
Wonder what is causing the selling.
Fear of what will happen when China wakes???
15.
Post 4034705 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.42h):
Wonder what is causing the selling.
Fear of what will happen when China wakes???
china is awake
Opps, you are right.
16.
Post 4034850 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.42h):
Hmmm...the market seems paralyzed at the moment.
17.
Post 4035005 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.42h):
There is almost no volume on the exchanges. Everybody is just waiting on the sidelines and watching BTC China.
18.
Post 4056747 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.43h):
Man this market is unpredictable. The Chinese seem to be selling off, but who knows.
19.
Post 4069564 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.44h):
Back in the 500s on BTC-e.
20.
Post 4073207 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.44h):
Whoa, the Chinese are dumping.
21.
Post 4085251 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.45h):
Looks like a bull trap.
22.
Post 4085537 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.45h):
Do I have this right?..
Bull Trap: price starts to rise quickly causing ppl to panic buy then shortly after the price dips much lower. They get trapped with the higher price btc instead of buying it on the dip
Yep.
There is also a bear trap: people sell a lot of btc quickly and then begin buying at the low en masse.
23.
Post 4085615 (copy this link) (by samsam) (scraped on 2020-04-04_Sat_11.45h):
Do I have this right?..
Bull Trap: price starts to rise quickly causing ppl to panic buy then shortly after the price dips much lower. They get trapped with the higher price btc instead of buying it on the dip
Yep.
There is also a bear trap: people sell a lot of btc quickly and then begin buying at the low en masse.
Thanks. Learning as I go.
Just to verify the bear trap: they panic sell thinking it's going to go down and then it rises?
so basically just opposites
Yes. They are are mirror strategies.
