Whats with GDAX/Coinbase... $100+ price difference between the major exchanges.

I am pretty sure most people use MCAD as one indicator to either buy or sell. It has been pretty obvious on both the 4h and 6h charts that we were expecting a correction soon. Unless you are planning to buy and hold for more than a month the 1d and 3d indicator is at a buy signal right now. Simply listening to the forum for short term predictions is gonna lose you money.  

This rise with this volume is a joke.

I don't there will be a trend reversal until the number of shorts on Bitfinex outnumbers the number of longs by 2:1. Right now plenty of people are still optimistic about the price immediately bouncing up after months of a downtrend. When everyone believes that bitcoin is going to continue going down and shorts start to be squeezed that's when a trend reversal will occur. Right now these bounces seem to be bots following MCAD indicators every time it crosses the 6h mark.

On bitfinex there really hasn't been a large amount of short sellers compared to the number of longs that are being made. Usually you would expect a trend reversal when shorts out number the amount of longs, causing a short squeeze, which would somewhat indicate a trend reversal. There are far to many people right now betting that the price will bounce up immediately paying .2% interest a day on bitfinex.  

Bitfinex interest rate being so high still is so concerning....

What is going on with Bitstamp's bid/ask sums. Bid sum has not increased for weeks and is continually decreasing....

I am scared shitless right, but I just bought some more. I hope I don't shit myself somehow magically....

WTF is going on in China?

That probably would work on a rational market, but when buying and selling is occurring irrational because of much BS you will lose trying to use technicals.   

I think you just shorted the coins I just bought =P

300 LTC at $20 on Bitfinex. Just closed my short at $18.4. Bitfinex has such bad LTC liquidity. There is so much slippage when you try to place even a small position.

Much pump and dump LTC. Glad I shorted the hell out of it when it was $20. Back to BTC watching now.

I do not trust rises in LTC when BTC does not rise along side with it. I am pretty sure people are bored with BTC right now and see LTC as a quick way to make a quick buck so they are pumping the hell out of LTC.

Buy the rumor sell on the the news.

With this low of volume and on BFX there is a record amount of USD being borrowed for long positions there is going to be a short squeeze down, when people start closing their long positions when the market moves south drastically with a small dump this is going to be painful.  

Edit: Last time I saw Bitfinex sentiment be 2:1 bearish was December 22, that was the beginning of the rally up to 900ish. Now that is 1:2 bullish be careful, the market can be easily manipulated right now.

Trying to predict anything using charts/technical analysis with this low of volume is ridiculous. Small market buys/selloff does not indicate where the future market is heading when the volume is less than 3000 coins.  

Bitcoins in the past 3 months has been one of the worst ways to increase your fiat. In the past week I have seen stocks such as Plug, FNMA, and FCEL increase 2-3x their value in a week and drop that much in a day. These aren't penny stocks either. Mat the fact that you emphasize constantly that you have put your hard earned money into the bitcoin market and is deathly afraid of losing any or all of it is a joke. You are a wanna be day trader that for some reason chose bitcoins as your method of accumulating more fiat. There are better investments out there that can double or triple you money in a day and only happens from 9:30 to 4:00.

So who was saying that the 11k BFX was real and he was just offering it so someone could buy with no slippage?

BFX's order book I believe is a combination of their own order book and BSP's order book. When there is a disconnect between their order book you will notice a really large spread between the two. When there is minor spread it usually is because of low volume and everything is working properly. If you look back to when the 10k wall was placed on BSP how many people reacted and sold then. A lot of people know that BFX walls are unreliable and barely move the market. BFX order book is really thin. That have had plenty of problems before when major sell orders have been placed and they have ran out of coins on BSP causing their order book to go to $0. After knowing all of this why would some sell 11k coins on BFX legitimately when margin calls would occur like crazy if someone sold that many coins. I have never seen large sell or buy orders on BFX past 1k coins, so it is not that large of an exchange yet. If they wanted to sell they would do what was done on BSP and move the wall closer to where the market action is happening rather than at points no one is going to touch. Constantly moving it backwards is also another clear sign they do not want to sell.