bitcointrader3764

bitcointrader3764

I trade on Bitstamp and am Unnerved by the automated trades being generated on the BCH price. The market is closed to outside trade. No coin in, no coin out, so the the market is effectively closed to existing customers of Bitstamp. The longer the current situation continues, the less liquidity there will be in the market. Buyers interested in buying will buy and...

bitcointrader3764

Following last post...same graph... good call , I have been looking for a potential bottom. There is a trend line to 4500-4700 but the bounce to test the support turned resistance at 6000-6150 will need to happen at some point. Whether this is before the drop to the lower levels or whether we drop and bounce is in the air. Good luck. Comments welcome. Not advice...Thanks

bitcointrader3764 Updated 

To me it says we are going down...like the volume. There is no trend for a breakout to the upside. There is no good news coming and yes I mean ETF.....its the hype that has been holding up the correction...the what if...that keeps people holding...the lie so the pump and dump artists in control of this market can keep taking your money....but interest is...

bitcointrader3764

The one hour shows that it only takes half the volume to pump the price of BTC to a level where enough train jumpers will buy your BTC. You can then sell twice the volume at the higher price . Seems the smart money is reducing BTC holdings. Maybe they know something the rest of us can only summize.

bitcointrader3764

All Bitfinex charts should be relabelled to USDT and not to USD. Todays debacle only happened on one exchange and reflects the movements in USDT not in BTC. Whether it is designed intentionally to mislead and try and stoke movement in the market in a false and manipulative manner is not really up for question... It was. Is it illegal is for someone else to...

bitcointrader3764

An Unsurprising Pump & Dump in an otherwise lacklustre market showing the lowest trading volumes of all year. What we just witnessed by exchange Bitfinex was evidence of why the SEC will never approve ETFs in this current market and the true cowboy nature of this fledgling market. I cant find another exchange that followed Bitfinex to it $800 plus premium and so...

bitcointrader3764 Updated 

Bitcoin, the flagship of the crypto-currency revolution. A revolution that has lost its way. A de-centralized currency, free from the influence of state control now sits waiting, ney begging, for the established institutions of financial greed to be its saviour. Cap in hand to the SEC in some vain hope of capital injection through ETFs.......Kind of ironic don't...

bitcointrader3764 Updated 

Only reposting for those that missed it back then.....

bitcointrader3764 Updated 

Maybe at last, the days of the manipulation are coming to an end. Mainly because the greed of those involved has been met with hoardes of people leaving disinterested and the remaining traders no longer taking the bait. You can push a donkey up the hill but if their is nobody up their to buy it, it will fall of the cliff back into the valley where there maybe some...

bitcointrader3764

Newbie - so please dont take any notice....but if it plays out, like Amex, we will get there by 10...th Comments welcome.

bitcointrader3764 Updated 

I may be a total newbie, but im not seeing anything but a downward projection within a channel and low volume interspersed with some dubious short term volume spikes