All posts made by piyany in Bitcointalk.org's Wall Observer thread
1.
Post 8937982 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.15h):
Who else wishes they shorted bitcoin when it was 500-600$ with maximum leverage shouting 'f*ck you bitcoin'?
2.
Post 8943052 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.15h):
Why is litecoin getting pumped as well? LOL
3.
Post 8943701 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.15h):
Not crossed 450$. I'm calling it- bulltrap and short squeeze.
This is not paypal integration per se but something much much less. Comparable with that braintree news?
But people will buy on the news after pump as usual so we will not see below 400$ for a while.
4.
Post 8944180 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.15h):
China will dump on the news or at least not care enough to buy at those prices.
Still no idea why litecoin is getting pumped, maybe because it was a planned pump and dump for both coins?
5.
Post 8944588 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.15h):
A few minutes before the rally started nearly all the bids on Bitstamp down to 360 were removed within in a second. Also quite a lot of asks were removed, but far less than bids. I switched over to the trading PC and by then everything was back to normal. Did anyone else catch that? I wonder what that was all about, there were literally only a few dozen coins worth of bids down to 360, basically just a long flat green line (on bitcoinity.org). A bug maybe? But would be a weird coincidence because it happened right before that rally.
About the rally itself: I kinda feel that this was orchestrated by a single entity, probably in order to induce a short squeeze. I doubt very much that this was "organic" buying by people who suddenly all decided to buy in unison. Or maybe I'm wrong and it was caused by a bunch of people buying because of the paypal news, but I doubt it...
I followed the rally early on and decided @ about $415 that someone was trying to squeeze those 11000 shorts out. So I went "picking up pennies in front of the steamroller" - I bought into the askwalls, then set up my own askwalls at a slighty higher price. Worked out well, but I would have been in trouble if the price had reversed suddenly. Bids were very thin, so I wouldn't have been able to sell the coins back at the price I bought them at. Was probably not a good idea, even though I made some profit.
Similar to my own ideas: I don't think it was "organic" either, in the sense of buying pressure slowly building up, then being released. Looked like a single entity to me as well, only question is: why? Seems by buying gradually, you could minimize slippage, so assuming the original assumption (one entity driving this one) is right, I can see two reasons to buy it all at once, across exchanges: to "make a point" for the bulls, or to squeeze shorts. The latter didn't seem to work (so far), however, judging by the finex stats.
I will tell you why. Now we will stay in this range for some time so the whales can distribute more coins to some bulls thinking we gonna go above 450$ and stay there (which would mean breaking downtrend that was going for months). This is very bad because price will still go down after all but we gonna have another level of resistance later on on the way up. F*ck you whales, could have dumped some more to retest previous lows first and then rebound with this news.
6.
Post 8951803 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.15h):
Not crossed 450$. I'm calling it- bulltrap and short squeeze.
This is not paypal integration per se but something much much less. Comparable with that braintree news?
But people will buy on the news after pump as usual so we will not see below 400$ for a while.
Just quoting myself since finally made the right call. And before other bears
7.
Post 8952320 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.15h):
Not crossed 450$. I'm calling it- bulltrap and short squeeze.
This is not paypal integration per se but something much much less. Comparable with that braintree news?
But people will buy on the news after pump as usual so we will not see below 400$ for a while.
Just quoting myself since finally made the right call. And before other bears
So what? This thing has NOT played out and maybe you called one event correctly (regarding the $450-ish), so which way are we going on a longer term scale, do you have an outline of a plan that we can use as a guide.. ?
There needs to be some real blood before the trend can change. But it can take another weeks or months.
Until now I did not expect that bitcoin will suddenly start getting pumps after 'news' like most shitcoins. This means not many people really buying and those screwed over the months are either waiting or said fuck it.
I did not make any money on that pump but luckily did not short after that big dump like some newbies
8.
Post 8991024 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.16h):
This recent bulltrap seems not to work, not much fresh fiat to be dumped on.
I think it is time to move to the next stage and introduce some FUD.
I am sure China's officials have something interesting to say about bitcoin shady practices.
Also those hundreds of thousands coins from mt gox or silk road bust can surely find a way back to the ecosystem.
Maybe the EFT will get postponed again?
9.
Post 9005923 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.16h):
again China starts the dump... bitfinex and stamp will take the lead later on when we approach 350 tonight?
10.
Post 9005954 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.16h):
"I told y'all motherfuckers"
Who is this?
guru for all bears... he predicted bitcoin 10$ this year
11.
Post 9006080 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.16h):
Paypal(Ebay), Expedia, Square, Dell, Dish, Overstock..
If people don't see what's coming they deserve to lose money
All of them using bitpay/coinbase which immediately dump them coins. And people do not buy those bitcoins back I guess.
12.
Post 9021500 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.17h):
k this is bottom....
If you are the market manipulator and dumper you can say this, otherwise you are just guessing. Really.
welcome to the speculation sub-forum
Yea that is true, but just make sure that it is not about what we want, but what they want. And any observation is true as the oposite one.
If they want bounce they will market buy 2k and set bid walls, if they want to reject bounce after 15% drop in 24h, they will set walls to prevent it. They are smart. Cause they know what we think and how we behave, but we don't know how they think and what is their plan - but we know what is their
end goal (but that doesn't help us much as it looks like).
Is "their" end goal BTC/USD @ 0$ or accumulate as many as possible( if the latter one , than you wouldn´t have much to worry about((only if you´re not in a leveraged position of course))
)
Their end goal is to milk you and other believers in 10k bubbles stories.
They are in it for profit and dumping bitcoin on you for over 1k$ was way overpriced with what bitcoin offers today.
EDIT: Buy bitcoin for 10$, pump it, market it as digital gold and internet of internet, dump for 1000$ to the chinese
13.
Post 9028330 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.17h):
I like when China pumps, all this volume and big green candles for that 20 yuan spike
14.
Post 9176453 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.23h):
We will see 400-450 this coming week.
i will leverage long in the case we hit 350 or 370
That's the way to go. Eat them while cheap
15.
Post 9176880 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.23h):
I think we are all aware the price has fallen 76% from the ATH.
I mean prove we are still in a bear market.
It is inherently impossible to prove anything that's based on pure speculation and public opinion.
eg. You can't prove it's a bull market either.
Actually yes, more bids than asks, price is going up, and indicators are going up
So it's either a trap and the large sells are coming soon or its a trend reversal and we're up from here
My bet is on the later
It can still retrace a little back to 330$. But then blow with full force through 400$ !
16.
Post 9176926 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.23h):
14,142.33 BTC shorts lol, gl with that
Should look at the short and long value in swaps. So much more money put into longs. People are bullish, they know good stuff is coming for bitcoin soonish.
http://bfxdata.com/sentiment/longshort.php
17.
Post 9176997 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.23h):
2K more short contracts opened this weekend alone and the price isn't going down.
I see on the chart that both longs and shorts are increasing. It only means more people are starting to play the market. They bet both ways.
18.
Post 9313348 (copy this link) (by piyany) (scraped on 2020-04-04_Sat_13.26h):
we are starting our climb to 500 !
just waiting someone to tell how china is bullish.
what do you mean my this?
He means fomo is starting to fade and he needs to reshort higher