Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The strange thing is that the last time he said anything like this was "Large movement possible soon. Guess the direction." on Dec 14. Then between Dec 16 and Dec 18 the price fell from about 900 down to 450. That's a pretty decent dump so I'm surprised you didn't make a killing on it
Edit: beaten to it
Note that he doesn't say anything concrete in his posts. That's so he can weasel out of people calling him on his BS. Much like a palm reader. My hunch is if he wasn't just pulling that Dec 14 advice out of his ass, he had inside info on Chinese regulation. He doesn't move the markets. Governments, businesses and sentiment move markets. But that won't stop him from making people think he does.
Loaded has pretty consistently give advanced warning of sharp movements but no-one should take anything said in here as gospel. At the end of the day everyone has to make their own decisions and in this case hyphymikey made a bad call. I know how he feels because it sucks when it happens. I've made a similar call in the past but luckily I was only trading a small percentage of my coins so the damage wasn't so bad