All posts made by relm9 in Bitcointalk.org's Wall Observer thread
1.
Post 1866399 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.53h):
There's still a million dollar wall at $70. What are the chances that someone will get us past that?
That could be a manipulation... walls come & go all the time.
2.
Post 1948425 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.54h):
If the $120 wall falls we be hitting double digits I think. Doubt it will, but who knows...
3.
Post 1948613 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.54h):
If the $120 wall falls we be hitting double digits I think. Doubt it will, but who knows...
It's not out of the question $0.12 will fall and I agree it would likely crash below $0.10 afterwards.
relm9, Is that Jean Reno in your avatar pic?
You got it
One of my favorite films.
4.
Post 1948778 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.54h):
How embarrassing, total fail of an interview, the head of the biggest exchange who cannot describe bitcoin!
And pretty sure 80% of the viewers cannot comprehend his accent.
Yeah, time to hire a PR guy. I'd say he was quite nervous by the looks of it.
5.
Post 2150350 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.58h):
I wonder when everyone is going to calm down for a minute and take a deep breath until we actually know what the issue is here...
alarmist responses are really no good.
Just remember if the news is bad then it'll be too late to sell - if you are heavily invested in BTC it might not be a bad idea to sell some now and buy back in as there's a good chance it could be cheaper soon.
6.
Post 2151151 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.58h):
For what I'm seeing the market is still kinda stable. The big moves can be traced back to two huge dumps (if I remember correctly). After the dumps there were bounces and relative stability. This is no real panic selloff, where many people chase the price. Also bullish breakout of triangle on 5 minute chart while writing. Still: without more information I'm staying on the sideline. Anything else is driven by emotion and not because of a gain of knowledge.
Couldn't people be busy moving their coins around? It takes time. No one that wants to cash out in fiat is going to dump at Mt. Gox obviously.
7.
Post 2151250 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.58h):
That was posted May 9... I don't think they are still having troubles, anyone know for sure?
8.
Post 2151319 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.58h):
CampBX too? Meh.
So we've got some little 5-10k sells going on. Not really that big a deal.
But... watch for the insider trading, like a month ago. We start seeing 25-50k dumps, then there really is a war on the exchanges - we just haven't been told about it yet. But the insiders will know amongst themselves.
I'll set some buy orders around $55-65 if the big dumps come - and maybe a flyer in the 40s.
I don't mind doubling my coinage. This too shall pass...
I don't think CampBX was affected, that was due to an unrelated outage on May 9, if you check the site the Dwolla option is still available.
9.
Post 2152306 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.58h):
Maybe is just a continuation of the limitations in United States against online gambling
I thought the more interesting line was
"confirmed to CNET that the feds had initiated legal action to halt Dwolla processing Bitcoin transactions".
Which should include campbx? Are they trying to halt Bitcoin or MtGox? Hopefully the latter.
Dwolla said it had nothing to do with them, just Gox.
As of 12:13 PM on 5/14/2013, the U.S. District Court for the District of Maryland issued a "Seizure Warrant" for the funds associated with Mutum Sigillum's Dwolla account (a.k.a. Mt. Gox). In light of the court order, procured by the Department of Homeland Security, Dwolla has seized account activities with Dwolla services for Mutum Sigillum.
10.
Post 2153187 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.58h):
It is a lucrative investment, I must say.
On a related note... how the hell did we not pass below $100?
$102.96 is a little... anticlimatic.
It's possible we'll go down lower still. Depends on the scope of this seizure - if it will also affect direct ACH transfers to and from Mt. Gox that's going to be bad news. Dwolla -> Mt. Gox doesn't really affect the big players.
Going by the post on Mt. Gox's Facebook they have NO idea what is being asked of them yet.
11.
Post 2203586 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_10.59h):
I don't think you can extrapolate any rise or fall in price from Google Trends. When someone hears about something for the first time, of course their first instinct will be to scour the internet for information, after that you don't go around searching it daily.
12.
Post 3713285 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_11.29h):
I'm thinking he must be a troll. No way anyone can be that reckless.
Definitely losing 75% of your capital by trading an asset that went from $13 to $900 in less than one year sounds fishy. You really need to be a special kind of retard to do that.
Although it's easy to do if you don't have the strength to just hold. I'm sure a lot of people lost money and panic sold during that $900 -> $460 crash. People like him shouldn't be investing in an extremely volatile market. And, he probably has some kind of gambling issue as even after all these losses he's still wanting to get out of the red by reinvesting... absurd.
13.
Post 3744794 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_11.30h):
I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts. Since breaking $1000, Bitcoin hasen't done much. In 12 hours, Litecoin is up from ~$20 to $37. Come on Bitcoin bulls, you're falling behind.
On the Litecoin side, not going to end well once some big holders decide to take profits. I get the feeling everyone is just buying LTC because it's going up so fast and potentially increase their BTC holdings.
Maybe I'm wrong. I'm a huge fan of LTC but nothing really warrants this increase right now.
14.
Post 3856589 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_11.33h):
2000$ in 2 weeks tops.
I agree. The people that are selling today and over the weekend are going to be pissed when it starts trending towards $2k next week. This is a blip on the radar.
15.
Post 4020097 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_11.41h):
When the price rebounds, it always happens quick. I would be too scared to go full fiat.
16.
Post 4715340 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_11.58h):
Do we need to get verified on Gox even to withdraw BTC?
Yes, I had to anyway...
17.
Post 5029783 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_12.05h):
Anyone know what's the deal is with Coinbase? Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread. Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption). Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.
Anyone know what's going on there?
I think the algorithm accounts for price momentum. For example, if the price jumps up by $10 very quickly, they readjust by +$20-30. Don't have any technical data on this but it's just a hunch from what I've seen.
18.
Post 5332475 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_12.17h):
I do not understand why some people would buy 5k of that 10k wall at 579.3 when they could have waited 2-3 hours and gotten their coins for cheaper rather than already be down $20 per coins they just bought from the wall? I am pretty sure most of it was bots buying coins, but there must have been some people buying coins from that wall. If after 1k coins it was not going any where, why would you continue on buying?
Could be bots but some people are buying to hold long-term and not day trade, what's a $20 difference if you are plan on sitting on your investment for a year or more? Also, if you are buying in large quantities (100+ BTC), it's a nice way of getting them at a set price when someone puts up a huge wall like that.
19.
Post 5349580 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_12.18h):
Coinbase ran out of coins for today, seeing this message
Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Feb 28, 2014 at 04:45PM PST after your funds have arrived. read more
20.
Post 5351519 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_12.18h):
gox.com directs to mtgox.com
Holy shit.. memo could be true. Cheesy
I want to check myself but im afraid clicking / going to such a site,
Who has a confirmation of this?
WHOIS details show it is registered to Gox, and even more interesting, the registration info was updated today.
21.
Post 7628387 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_12.56h):
One buyer is very bullish. It means the sale price was likely higher than most anticipated.
It means only that one buyer with deep pockets was less greedy than all the others. They may all have bid at 475$, and he bid 480$
EDIT: typo, 460 --> 480
It is unlikely that this buyer bid just $5 higher than the rest and won *all* the blocks. My guess is they bid at least $100-200 higher than market across the board.
22.
Post 7628787 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_12.56h):
One buyer is very bullish. It means the sale price was likely higher than most anticipated.
It means only that one buyer with deep pockets was less greedy than all the others. They may all have bid at 475$, and he bid 480$
EDIT: typo, 460 --> 480
It is unlikely that this buyer bid just $5 higher than the rest and won *all* the blocks. My guess is they bid at least $100-200 higher than market across the board.
What makes you think that $475 was the second highest bid?
Not sure if you're responding to me or him... but I don't think that, there were probably some lowball bids with more than a few near market or above. I already expected the coins to go for a premium as there is some value in getting that much BTC with absolutely no slippage, plus the fact the coins are coming from a "trusted" source. His hypothetical situation where the winning bidder outbid everyone by just $5 isn't plausible though. Odds are the winning bidder had to of went significantly higher than everyone else to get all the blocks.
23.
Post 7629446 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_12.56h):
LTC going crazy.
Anyone dare to jump in for mad profits?
Hell no, I'm staying far away from LTC. I dumped all my holdings as soon as ASICs started hitting the market, there's really nothing to differentiate it from BTC anymore, wouldn't be surprised if it continues to go down. I'd rather bet on an alt that is trying something new like XMR.
24.
Post 8430156 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.06h):
Last chance to buy sub $500?
25.
Post 8491410 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.08h):
Does anyone actually believe that FUD on the Wall Observer thread can actually impact the market?
Not a chance imo. In the old days yes.
26.
Post 8550404 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.08h):
I can't buy or sell on Coinbase right now it seems. Button doesn't show for either. Probably just a technical issue
27.
Post 8618917 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.09h):
I imagine a lot of coins are being cashed out in the Newegg sale... you can get 30% off a $500 order with Bitcoin right now, effectively adding $150 purchasing power to your coins. Has to be attracting a lot of attention.
Whether this is the main cause for the drop though, I'm not sure, but it may be contributing.
28.
Post 8800044 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.12h):
Someone finally took a chunk out of that 3k wall on Bitfinex.
kaboom
Holy F*CK boys! the wall has been eaten!!!!
29.
Post 8855306 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.13h):
Honestly there is NO REASON why BTC will rally from this area.
Huge trendlines are against it
There have been GREAT news regarding bitcoin but every rally gets sold off
Seems most of the coins entering the market are being dumped by multipools
I maybe be wrong but it doesn't look like this area will hold, it might go to $1000 one day but it will probably break $400 or lower.
Not selling any coins, as I'm a long term hodler. However, I feel like it's going to keep going down until some of these large scale mining operations are driven out of business. With the lack of buying pressure, whales are forcing miners to sell lower and lower. This isn't like the early days where miners could recoup their losses easily by selling off hardware (GPUs) either, as the BTC price slides their equipment gets increasingly worthless since it only has one purpose. Some of these larger operations must be scrambling to sell off coins.
30.
Post 9088427 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.19h):
SHIT JUST HIT THE FAN
CHECK SATOSHIS WALLETS
FUCK
Confirmed. Holy shit... RIP bitcoin. Even I didn't expect this!
Link or it didn't happen
Check block chain. Huge volume of coins being moved.
Maybe, but what is this 'satoshi wallets' bullshit? Pathetic FUD?
All of Satoshi's coins are in the early blocks... just checked and haven't seen any coins moved from those, definitely FUD.
31.
Post 9408309 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.28h):
Gut feeling is that there's going to be a big movement upward in the next few days. I don't expect it to drop much lower from these levels.
32.
Post 9430324 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.29h):
Bitcoin doesn't seem to respond so much to "news"
Yeah.
The USMS auction happened on June 27. In the 4 days prior the price dropped from 600$ to 560$, then recovered to 600$. After the auction it remained at 600$ for another 3 days, then shot up to 650$, perhaps on rumors that Draper had paid over market. But that 650$ was merely a return to the high of June 2-10. It may well be that those swings had nothing to do with the auction.
Yes, but Draper has become a punch line since his bid and nobody is going to be dumb enough to high bid an uber ton of coins, again. You have these coins and the ones in Australia or New Zealand or wherever the f---, too. You basically are going to have roughly 50,000 more coins hitting the market at the same time that the Winklevi are trying, more or less, to dump their coins. This s--- is officially dead. I am opening a short. This s--- is beyond f---ing dead.
Eh, 50K coins (not sure where you got that number from specifically, but anyway) is not a big deal in the grand scheme of things. We saw how fast the market ate up 30K coins at $300
33.
Post 9804052 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.38h):
It's pretty huge news considering majority of people run Windows on their PC. Microsoft is giving Bitcoin lots of credibility with this move. Newegg, Dell, Paypal are peanuts compared to them not only in market cap but overall reach.
34.
Post 10029413 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.43h):
Looks like it has leveled out for now but if you look at the 1w charts its obvious Bitcoin is going to continue its downward spiral below $272.
Bitcoin value has come back to roost folks...get used to it.
If your not all fiat right now you will miss the reset when it hits single digits before starting the next bubble.
Single digit talk is just as ridiculous as the people expecting $10K last year.
35.
Post 10030473 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.43h):
sold all my 180 btc at 278 hope i am not regret it
So you're 100% fiat now? You're going to regret it imo.
36.
Post 10038598 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.43h):
If we see double digit Bitcoin in 2015 then I am quite sure that an Altcoin could have the throne up for grabs.
Crypto currency as a whole will suffer a huge setback if this happens. Yes maybe some alt will replace BTC but I wouldn't expect a resurgence for several more years, the whole ecosystem will have to start from scratch basically.
37.
Post 10049536 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.44h):
How do you think Stamp hack will affect bitcoin price when they open trades again?
Will price drops?
TY!
If this was 2013 or earlier, news like BitStamp hack would have caused immediate dumping on all exchanges, but there's only been a slight depress in the price following release of the news. If anything that suggests to me Stamp's reopening will not have any real effect, but who knows.
38.
Post 10052427 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.44h):
I really doubt Stamp has to resort to market buys to get that BTC. They probably can buy it in bulk from one of their partners. 19K is a lot, but not a crazy amount either.
39.
Post 10052645 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.44h):
I really doubt Stamp has to resort to market buys to get that BTC. They probably can buy it in bulk from one of their partners. 19K is a lot, but not a crazy amount either.
I really wonder why you would put 19k in a hot wallet. Even when you have to transfer them to clients.
19k live ammo is a bit high.
I would have kept much better safety with those coins.
Yeah, agreed - no idea why they kept 19K in a hot wallet.
40.
Post 10134699 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.47h):
A lot of 'I'm getting out' posts on reddit...
http://www.reddit.com/r/Bitcoin/new/I think we're nearing the bottom.
41.
Post 10137031 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.47h):
Getting quite ugly. The sell pressure just keeps pouring in at these levels I think we'll definitely hit $1xx now...
42.
Post 10144258 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.47h):
Doesn't look like we've bottomed yet. I think $1xx is almost a given. Will be interesting to see what happens then.
43.
Post 10147497 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.48h):
Sub $200 here we come
44.
Post 10168710 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.49h):
Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins.
Still, I don't see how this affects the price
He is just some dude with some insider info.
He was trying to pump the price before the crash lol
Too bad that most of the time news or insider info do NOT move price (not major moves anyway), it's an illusion.
I think it's serious big news..
When it is not big news, no one will take him seriously anymore..
He probably doesn't even know what's happening, hence the vague tweets. But there may be some news tomorrow - Bitcoin conference in Miami...
45.
Post 10233806 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.51h):
also the news is probably wrong.
This entire site and post looks like a big hoax to me.
(an ETF focused on bringing bitcoin investment exposure to main street investors)
WTF is main street?
(including me and Tyler)
You would rather say "Tyler and me".
The domain is registered at the Scamhost "GoDaddy" with the email "
geminiholdingsllc@gmail.com" LoL. (
https://who.godaddy.com/whoisstd.aspx?domain=gemini.com&prog_id=GoDaddy)
A quick search for "Gemini IP, LLC" gives multiple results on google from 2013 and before in different states like Wisconsin and Texas LoL.
yep all fake and hoax,
it is so fake that one of the twins posted the news with his verified reddit account
Both twins also follow the main Twitter too.
It'd be a damn good fake if it was, but I don't think that site is a fake
Yeah he's wrong, the site is legit.
46.
Post 10242990 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.52h):
http://www.theverge.com/2015/1/23/7878351/winklevoss-gemini-bitcoin-exchangeNews is going mainstream.
"Gemini has also picked up the backing of a New York-based bank, though the twins aren't getting more specific than that. "This means that your money will never leave the country," said Winklevoss. And US currency on Gemini will qualify for FDIC insurance, a measure that should have investors confident that funds will be "as safe and secure as they are in your bank account today."
Why is only theverge publishing it?
Nothing on coindesk crypto news etc, and nothing about it in any reputable media.
Eh, it was on NYT and Reuters... is that reputable enough for you?
http://dealbook.nytimes.com/2015/01/23/morning-agenda-winklevosses-plan-bitcoin-exchange/?_r=0http://www.reuters.com/article/2015/01/23/us-usa-bitcoin-idUSKBN0KW0BN20150123
47.
Post 10261186 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.52h):
https://www.youtube.com/watch?v=LnBAp_G3SyAMcDonalds + Bitcoin?
Just a wild guess, could be Apple Pay or something to do with Valentine's Day since it's in February, interesting nonetheless.
48.
Post 10262030 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.53h):
Wow, wouldn't be surprised if we hit $300s tonight, I thought for sure there'd be a retrace down to $260-270 or so but looks increasingly less likely now.
49.
Post 10302640 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.54h):
Too many people want sub $200 coins, it's not gonna happen.
50.
Post 10315147 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.55h):
I'd assume so. Not really surprising. The exchange just opened, and it does not seem buys on the regular Coinbase site execute as market buys on the exchange.
51.
Post 10340785 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.56h):
i'm somewhat new to trading but not to bitcoin. been watching this nonstop for the last week and my thoughts are that a serious crash is about to come. thinking 220
220 is a serious crash? What lol
52.
Post 10350091 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_13.56h):
True, once it crashed from $266 to $55 and I doubled up there but they were what I'd call cheap coins, I mean I bought a load of them for $15 each. I think everyone will get their chance to get cheap coins later this year when we perhaps turnaround and all get the chance to ride the bull again.
What I call cheap coins is not going to match up with what others here call cheap coins - not by a long shot.
Yeah but buying at $55 was more a risk than buying at $220-230 now, considering all the developments in the Bitcoin space since. Sub $250 certainly feels cheap to me, I wasn't one of those people saying $600, $500 coins were cheap on the way down either.
It does not seem realistic that we'll go back down to price levels we were at when the infrastructure was still relatively fragile. I'm not saying it won't happen but it is not likely. These are good price levels to take a position in, unless you are already heavily invested I wouldn't hold out for cheaper prices.
53.
Post 10718149 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.03h):
Today is a good day, BTC up and one of the few alts I hold XMR rose 30%.
54.
Post 10819880 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.05h):
Doesn't look very convincing yet.
55.
Post 10827209 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.05h):
Tbh I wouldn't be surprised if there is some big news coming, that mini pump looks like insider info.
I would agree. Gut feeling is we're going up at least in the short term.
56.
Post 11847227 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.20h):
I think we'll hit $300. We've gotten too close to not hit it at this point. Whether it will be sustained is a different story though, hopefully it is.
57.
Post 11866546 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.21h):
Hmm... EUR/USD is down on the deal, spiked briefly but then took a dive.
As for Bitcoin I'm thinking we'll stay above 280.
58.
Post 11897946 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.21h):
ok, just bit the bullet. locked and sold at 276.4 (1 BTC)
Done for now! back to holding and waiting for the next BIG pump
You probably sold the bottom... I think chances are good it'll bounce from these levels.
59.
Post 12053058 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.22h):
Looking at the charts on finex, it seems someone panicked and dumped around 800 coins when the Satoshi news hit. Dropped to $283.2 but went up immediately after.
60.
Post 12151265 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.23h):
Doubt that's actually Satoshi. His other email was compromised, this one could very well be too.
61.
Post 12151944 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.23h):
if public gets notice of this fork-thing we could easily go double digits.
Will it even get attention on mainstream news outlets?
Probably not...
I mean, a lot of them avoid mentioning Bitcoin at all anymore and just focus on "the Blockchain."
62.
Post 12179582 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.23h):
If it jumps up higher (say $250) that would be bullish for me. Until then though, this looks like a short lived rise and real dumping has yet to begin. Not enough volume on this crash to really call it a definitive bottom.
63.
Post 12877415 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.31h):
If this isn't dumped on by tomorrow a lot of positive press is going to start rolling in.
And if it gets near $1K again, oh boy... a lot of people that were on the sidelines before will likely jump in, cuz FOMO.
64.
Post 12888358 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.31h):
Nice volume.
65.
Post 12888771 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.31h):
I think we'll hit low $300s personally - probably $320 or so... then bounce off that.
66.
Post 12889589 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.32h):
Honestly, the price is holding better than I thought it would given all this selling. Not so sure we drop to low $300s anymore.
67.
Post 12891512 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.32h):
On finex the stairstep walls are back also... probably from a single whale. Obvious manipulation
68.
Post 12942473 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.33h):
If we do go back to the $200s, don't think we'll be there for long.
My guess, there's going to be an extreme move in one direction or the other... <$200 or >$450 by the end of this month.
I'm betting on the upside personally
69.
Post 12944408 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.33h):
This bounce looks super weak after almost going under $300.
In terms of percentage drop this move was massive too, nearly -20%? Haven't seen that in a long time, not in a single day anyway.
Pretty bearish now myself... I won't be surprised to wake up under $300.
70.
Post 12951253 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_14.33h):
There we go. I'm hoping this bottoms out around $250.
71.
Post 17437039 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_15.01h):
tbh - I sold some at $940-950 on this bounce, I do not believe we will get back up to $1000 before another sizable drop. Too many people seem to be planning on unloading this time when we get to $1k again
Buy back target is in the low $800s, I think we will be in this $800-900 range for the next month or so, perhaps touching some of the support in the high $700s if people panic again for some reason.
72.
Post 17437574 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_15.01h):
tbh - I sold some at $940-950 on this bounce, I do not believe we will get back up to $1000 before another sizable drop. Too many people seem to be planning on unloading this time when we get to $1k again
Buy back target is in the low $800s, I think we will be in this $800-900 range for the next month or so, perhaps touching some of the support in the high $700s if people panic again for some reason.
Nothing wrong with hedging..
Hopefully you did not sell too many in reliance on that view, but if you end up being correct, then the more power to you.
I usually try to hang onto most of my coins, so I do have fiat to buy more on the dips, but I get a bit nervous hedging too much for down when it looks like we may be on the cusp of an actual upwards explosion.. the upwards explosion may or may not happen, but I would feel bad it I had anymore than 15% of my BTC investment holdings hedged towards down.. .. currently, I only have about 6% or 7% or so hedged towards the possibility of down from here, but I can see where someone may want to hedge a bit more than me... and even double is within my concept of reasonable.. but beyond that would make me nervous in these current market conditions..
Yea, I agree. I only sold 20% of my stash. I would be nervous to sell any more than that. This is actually the first time I've sold since the big drop in 2013, been buying ever since and scooped up plenty of coins in the $200-300 range.
I had planned to sell some anyway when we got to the 2013 ATH, just to lock in some profits. Should have stuck to that plan but when time came to sell I started hoping that we would zoom right past it and held off.
73.
Post 19134052 (copy this link) (by relm9) (scraped on 2020-04-04_Sat_15.10h):
We are at a peak now. If you buy now be ready to possibly see your investment halve before a climb back again. Remember the $1300 in 2013.
I was here in 2013. Sure doesn't feel like a peak to me yet. I think we could see another +50% from here. Sure, there may be another correction before then, but I wouldn't bet on it.