Bitcoin Forum

Economy => Speculation => Topic started by: myself on April 08, 2012, 02:24:02 AM



Title: del
Post by: myself on April 08, 2012, 02:24:02 AM
del


Title: Re: hard crash below 4.60 rally above 4.80
Post by: notme on April 08, 2012, 02:24:56 AM
what you say about this ?

I agree on the lower target, but I can see 4.8 happening without breaking the downtrend.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: adamstgBit on April 08, 2012, 02:29:33 AM
the wall was removed because it was redundant. down to 4 up to 8?


Title: Re: hard crash below 4.60 rally above 4.80
Post by: GeniuSxBoY on April 08, 2012, 05:21:29 AM
Down to 2.80, up to 3.65, down to 3.50, up to 4.15 and it'll hover there for a while.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Realpra on April 08, 2012, 06:28:08 AM
I say someone is manipulating the markets and maybe even hacking mtgox.

I was watching for a specific event, everything thought out (and I was right), but JUST as that event happened the mtgox live display was down so I blissfully went to bed.

Next time that happens I will just assume the event has happened.

I expect the price to go a bit lower, then I will buy in again and ride it up.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: RyNinDaCleM on April 08, 2012, 11:57:32 AM
I say someone is manipulating the markets and maybe even hacking mtgox.

I was watching for a specific event, everything thought out (and I was right), but JUST as that event happened the mtgox live display was down so I blissfully went to bed.

Next time that happens I will just assume the event has happened.

I expect the price to go a bit lower, then I will buy in again and ride it up.

That's the way they work over there!
Watch on btccharts.com (http://btccharts.com)!
It doesn't freeze or bog down your computer like GoxLive will.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Crypt_Current on April 08, 2012, 03:43:55 PM
It doesn't freeze or bog down your computer like GoxLive will.
you mean java browser miner ?
+1
I didn't even think of that possibility since I quit using it


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Spekulatius on April 08, 2012, 08:45:12 PM
the wall was removed because it was redundant. down to 4 up to 8?

Sounds more like +1

Id like to prophesy: Below 4.45 to 4 and up to 7 ;)
Above 5.1 and up to 7 as well! Above 7 and beyond the rainbow!! ;D


Title: Re: hard crash below 4.60 rally above 4.80
Post by: arepo on April 08, 2012, 10:07:52 PM
down to $4.60, the lowest (lower limit of epic zhoutonging that occurred when the rocket failed to $8), then up past $5! don't forget reuters...


Title: Re: hard crash below 4.60 rally above 4.80
Post by: dirtycat on April 08, 2012, 10:27:02 PM
im awaiting a chart with fancy trend lines and 30 useless indicators overly biased in the direction they want the price to go... who will be the first to post?


Title: Re: hard crash below 4.60 rally above 4.80
Post by: arepo on April 08, 2012, 10:29:22 PM
don't forget reuters...
or the good wife

apples and oranges...

apples cause real buying pressure, oranges cause idiots to leverage a long position and give all their money to zhoutong.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: RyNinDaCleM on April 08, 2012, 11:48:26 PM
don't forget reuters...
or the good wife

Funny you should say that!
I was at the in-laws today. You know, doing the family Easter thing?! and someone asked "what was the charting SW for on my laptop?" I said "Bitcoin, MAN!"
There were many hmm huh's around the room, but one person actually said "I've heard of that!". She said she saw it on The Good Wife. She never looked further into it.   >:(


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Crypt_Current on April 09, 2012, 05:59:02 AM
don't forget reuters...
or the good wife

Funny you should say that!
I was at the in-laws today. You know, doing the family Easter thing?! and someone asked "what was the charting SW for on my laptop?" I said "Bitcoin, MAN!"
There were many hmm huh's around the room, but one person actually said "I've heard of that!". She said she saw it on The Good Wife. She never looked further into it.   >:(

That almost exact same thing happens to me all the time man.  At first it REALLY frustrated me; now I just don't care.  Bitcoin will be monumental (if the link to gold in that other thread is actually for real), and those that don't pay attention will get left in the dust.
"last shall be first and first shall be last" and all that crap, plus "I will come like a thief in the night"
I am no christian by any means, but all this crap plus the mayan winter solstice 2012, it all matches up very significantly to me.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: disclaimer201 on April 09, 2012, 12:46:43 PM
don't forget reuters...
or the good wife

Funny you should say that!
I was at the in-laws today. You know, doing the family Easter thing?! and someone asked "what was the charting SW for on my laptop?" I said "Bitcoin, MAN!"
There were many hmm huh's around the room, but one person actually said "I've heard of that!". She said she saw it on The Good Wife. She never looked further into it.   >:(

That almost exact same thing happens to me all the time man.  At first it REALLY frustrated me; now I just don't care.  Bitcoin will be monumental (if the link to gold in that other thread is actually for real), and those that don't pay attention will get left in the dust.
"last shall be first and first shall be last" and all that crap, plus "I will come like a thief in the night"
I am no christian by any means, but all this crap plus the mayan winter solstice 2012, it all matches up very significantly to me.

The so called Mayan winter solstice already happened in 1997. Mayans were much better than we are at making longterm calendars btw, mine usually ends at the end of each year. Some businesspeople however, seem to have calendars for more than one year. So, it's just the end of their calendar, they didn't even predict that they wouldn't be around for long to bring out a new one. Their world has already ended. And besides, I have important appointments in 2013. So...


Title: Re: hard crash below 4.60 rally above 4.80
Post by: RyNinDaCleM on April 09, 2012, 04:56:35 PM
@Crypt_Current
you need to understand that before you can introduce bitcoin to a person this should have a base of knowledge something like, CPI/inflation, money supply, deflation, prime numbers and cryptography, sha or other algorithms, charge backs, credit card transactions, tax, have a different password for email facebook, bank login  

if you look at your social circle of normal ppl you wont find many of them maybe none, so you need to introduce them to allot of stuff and then to bitcoin, ofc there will be ppl who will use bitcoin and wont care about the characteristics mostly because they have a need (SR users for example) so the need is the driving force


Most people don't know the inner workings of their Bank, credit card provider or Pay-Pal. Many have never even read a TOS, so don't concern themselves with the "little things". These people will never know how/why Bitcoin works, just that it does.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Crypt_Current on April 09, 2012, 07:25:53 PM
@Crypt_Current
you need to understand that before you can introduce bitcoin to a person this should have a base of knowledge something like, CPI/inflation, money supply, deflation, prime numbers and cryptography, sha or other algorithms, charge backs, credit card transactions, tax, have a different password for email facebook, bank login  

if you look at your social circle of normal ppl you wont find many of them maybe none, so you need to introduce them to allot of stuff and then to bitcoin, ofc there will be ppl who will use bitcoin and wont care about the characteristics mostly because they have a need (SR users for example) so the need is the driving force


Most people don't know the inner workings of their Bank, credit card provider or Pay-Pal. Many have never even read a TOS, so don't concern themselves with the "little things". These people will never know how/why Bitcoin works, just that it does.

True dat.

I have to admit, the most success I've had introducing Bitcoin to MY social circle of average intelligence people has been via talking to them also about SR  ;) :-X :D


Title: Re: hard crash below 4.60 rally above 4.80
Post by: notme on April 09, 2012, 08:54:52 PM
So, where are the Elliot Wave guys?

Paying waveaddict for his counts.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: P_Shep on April 09, 2012, 09:22:59 PM
I think something is about to happen.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Realpra on April 09, 2012, 09:24:15 PM
Well I think there's overall growth so that's nice, the last crash point was below 4.62.

Price seems too high for me with all the sellers piled up close on the right. Maybe everyone is hoping for a quick upswing and thus got it.

Taking the average price for 200k$ sellers/buyers gets you ~4.67, 10 bitcents lower than the going value.

I think I will wait there until the next monthly crash if necessary.


Still getting the hang of this though. (Hence only trading like 10$... my gf rolls her eyes every time I make or loose 2% :) )


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Koekiemonster on April 09, 2012, 11:14:26 PM
Myself, if we don't rally big now I won't suscribe to your service..


Title: Re: hard crash below 4.60 rally above 4.80
Post by: P_Shep on April 09, 2012, 11:20:13 PM
Finally broke though, Though I did think it'd happen a little earlier. Must be more patient.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: SkRRJyTC on April 10, 2012, 04:18:42 PM
Ask Price   Amount   Order Count   Total Amount
$4.85    15054.0    6                15310.0


Title: Re: hard crash below 4.60 rally above 4.80
Post by: beardman on April 10, 2012, 04:33:08 PM
Ask Price   Amount   Order Count   Total Amount
$5.70    0.5              1               22519.08


Title: Re: hard crash below 4.60 rally above 4.80
Post by: SkRRJyTC on April 10, 2012, 04:45:32 PM
just use this
http://btccharts.com/#m=btca-BTC-USD

God, I love btccharts!


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Dutch Merganser on April 10, 2012, 05:39:33 PM
So, where are the Elliot Wave guys?
Elliott's last publication was entitled "Nature's Law–The Secret of the Universe", by that time he was a full-fledged Operating Thetan and ascended to a higher astral plane two years later...no, no, no, never mind, I'm thinking of Scientology  ;)

Perhaps some sort of transcendence of the life-death cycle of bitcoin has sent the wavers off to their celestial destiny.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Dutch Merganser on April 10, 2012, 05:50:17 PM
just use this
http://btccharts.com/#m=btca-BTC-USD

God, I love btccharts!
It is kinda purty, ain't it?



Title: Re: hard crash below 4.60 rally above 4.80
Post by: mahingupta on April 11, 2012, 11:13:00 AM
just use this
http://btccharts.com/#m=btca-BTC-USD

Loved it.. How do I send donation to them :)

Cheers


Title: Re: hard crash below 4.60 rally above 4.80
Post by: proudhon on April 11, 2012, 05:17:32 PM
I maintain that this is an essentially trendless market... Believe me now?

+1


Title: Re: hard crash below 4.60 rally above 4.80
Post by: S3052 on April 11, 2012, 05:25:07 PM
So, where are the Elliot Wave guys?

The waves are fully on track. It just is not necessary to analyse this market every minute in times like this. The larger wave counts are very clear, and the low volatility is going to end...


Title: Re: hard crash below 4.60 rally above 4.80
Post by: Dan The Man on April 11, 2012, 05:26:51 PM

The waves are fully on track. It just is not necessary to analyse this market every minute in times like this. The larger wave counts are very clear, and the low volatility is going to end...

...eventually


Title: Re: hard crash below 4.60 rally above 4.80
Post by: S3052 on April 11, 2012, 05:28:21 PM

The waves are fully on track. It just is not necessary to analyse this market every minute in times like this. The larger wave counts are very clear, and the low volatility is going to end...

...eventually

yes, it can take some time, but that's fine


Title: Re: hard crash below 4.60 rally above 4.80
Post by: RyNinDaCleM on April 11, 2012, 06:25:04 PM
look how much time we spent on pathetic volume


Without price movement, a lot of money is sitting on the sidelines.
Kind of a catch 22. People don't trade in a flat market, and the market stays flat because no one will trade.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: RyNinDaCleM on April 11, 2012, 06:28:58 PM
Well, for sure!
But, removes incentive to buy now. Instead waiting until ready to make a purchase.


Title: Re: hard crash below 4.60 rally above 4.80
Post by: disclaimer201 on April 11, 2012, 07:35:17 PM
Well, for sure!
But, removes incentive to buy now. Instead waiting until ready to make a purchase.

You could park your Bitcoins @ bitcoinica and get interest on em, you know. Let's just hope it won't be hacked again...


Title: Re: hard crash below 4.60 rally above 4.80
Post by: RyNinDaCleM on April 11, 2012, 10:01:22 PM
Well, for sure!
But, removes incentive to buy now. Instead waiting until ready to make a purchase.

You could park your Bitcoins @ bitcoinica and get interest on em, you know. Let's just hope it won't be hacked again...

Don't they need to be in a position to collect (or pay) interest?