Quote from: fonzie on September 13, 2014, 11:57:52 PM

Quote from: Schickeria on September 13, 2014, 11:42:55 PM

Quote from: adamstgBit on September 13, 2014, 11:18:00 PM

I hear ya.
but!
say the shorts that covered was the manipulator ( same manipulator that has been driving down prices, trying to force capitulation ) he just changed teams... and he's a hell of a player.
put that in your pipe and smoke it!

For me it's totally uninteresting if there's acually some strange kind of bear raid ongoing, but people with that amount of wealth trading are normally not that dumb. Smart players know that they have to hide their shorts from the market, so if any question is valid you should better ask why someone is shorting so obviously? Is he trying to direct the market into a trap to the opposite position?

But I will not deepen such thinking cause ultimately we will get no answer. I stay with what I see: An overall very bearish picture. I admit that this could change quickly but at least for first small bullish signs that could occur we have to wait for the end of this consolidation what once again makes a rather bearish impression.

Just because someone owns a few thousand BTC doesn´t mean that he´s overall smart or can control the market. If have seen fools(DavidPate) puutin up 1000BTC bid walls for Mxcfees near the top or 4-5000BTC sell walls @LTC/BTC 0.08 a year ago. That 3000BTC sell could have easily belonged to a 16 year old hacker, that might have gambled too hard.

Yes, of course. You are right. This shorter could be an idiot. I only would not count on that he's an idiot Wink

Therefore I said: I better stay with what I can see and that's not so much Cheesy