Bitcoin Forum

Seeing that there won't be much buyers on monday, will the whales and miners be tempted to get solid $400/btc for their stashes?  I think the answer might be yes.  Get ready folks! 

The monster triangle is closing in, where will btc head?  Traditional TA says btc is heading up again after the close of this monster triangle.  Will that be happening to BTC?

btc going down to $250 or lower

might buy in then

Thank you, noob. I'm very near to achieve my goal of 210 BTC. Keep on crying, wimp

lol. Sure you will.

I have the same hunch.

Are you the new Falling abusing bearish threads..Or did you open new short at $385?  ::)

All i see is diminishing selling pressure in an over-sold market, No sellers in the 3xx region. Bounce Incoming this week.

From a former bear who called top at $680  ;)

It is starting to drop RIGHT NOW... monday morning.... could the close of this monster triangle be going up or down... looks like it is going straight down:

https://i.imgur.com/opaPk7T.png

Was ready to discuss potential mid week down fall..then realized i'm in a fallin thread.

Yes I was wondering yesterday whether creating a new forum would be a good idea. Torque pointed out quite rightly that good objective bear analysis is lacking, drowned out by the rubbish troll threads.

more likely to break down than up

Bullish pennant, so it should brek up (I don't care much about TA, though).
http://www.forexkarma.com/image-files/bullish-pennant-pattern.jpg

21 million Bitcoins

• 30 million okcupid users
• More than 250 million linkedin users
• More than 1 billion facebook users

Let use pretend that in the end-game scenario only 50 million people end up with Bitcoin wallets despite the fact that people visit many websites and many websites could accept Bitcoin...

In that situation is is impossible for everybody to hold half a coin... there simply isn't enough to go around.

Today it is still affordable for just about anybody that has a minimum wage job in the developed world to buy an entire Bitcoin. The idea of that is completely insane.

The huge investment that has gone into mining just goes to show how valuable this scarce commodity is.

The price of Bitcoin is undervalued on so many levels right now.

Bring on the massacre. I dare you.

Look at that chart again closely... Last "monster triangle" did violently break up to $700 and started the current one. Basically, any price break above the triangle would lead to a new triangle.. until it makes a triangle pointing up, then everyone will have to admit we're rallying but it will be too late ;)

Lol at this.  Just lol.  21 million bitcoins can be broken into 1000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 parts.


this aint like an actual metal coin.  donkey!

We can always valuate products in picasatoshi so we still have a long long long way to go before divisibility becomes a problem.
Ow and don't start with the mBTC will inflate bitcoin and is the same as printing money crap :)

What the hell, now you fail mathematics for idiots? It does look like your intellectual ability degrades by the hour, with downward momentum that you would like to attribute to bitcoin price, only it's your ability to count to 2.

Repeat after me - there will only be 21 million of units that we today call bitcoin ever created. So no, 22million people can't have 1 bitcoin each no matter how much you divide it, silly. You can divide your car into 100 parts but that won't mean you can give 100 people a new car, because it won't be cars you are giving, but some oily freshly cut detail; frankly you'll most definitely will look rather stupid trying to sell these parts as new cars.

Read again, donkey.

http://i664.photobucket.com/albums/vv10/JimboToronto/fud3.jpg (http://s664.photobucket.com/user/JimboToronto/media/fud3.jpg.html)http://i664.photobucket.com/albums/vv10/JimboToronto/Spam-Can1.jpg (http://s664.photobucket.com/user/JimboToronto/media/Spam-Can1.jpg.html)

Piramida,  I think that we should take a special pill to be able  to understand guys like Xiaoxiao.  Which pill?  Check www.youtube.com/watch?v=z9pD_UK6vGU (http://www.youtube.com/watch?v=z9pD_UK6vGU)

I still think we have one more drop coming. No breakout from 400, it won't sustain this for long. Dip down to high 200s, then hopefully rally time. :)

Nice one, all true ;) I'd start with minus ten and see if it becomes easier to grasp the concept of dividing an apple to create two apples :)

Such TA makes me understand that a lot of people doubt in TA at all. That's suckers TA, and 95% seen on this board is not better than this. How can one draw and use a triangle pattern where the bottom (support) was already violated? In this manner I can draw one million triangles wherever I want. Throwing chicken bones and interpreting their positions has the same effect as such TA.

A descending triangle is not a bullish pennant, that is classically symmetrical. Look again at your diagram.

Word of advice. Do not think of the number of BTC you have, consider the exchange rate and be flexible to go out and in. Please don't give me shit about this post because it is an advice, take it or leave it. I am not here for the drama.

Upwards massacre?

Midweek young bears slaughter.

such parts. many reading. so understand.

SO UP IT WAS!

not yet !

http://img15.hostingpics.net/pics/157092Capturedu20140923211557.png

How's that $250 (or lower) working out for ya?

i'm waiting.

Ask ElectricMucus he started waiting for $1 bitcoins in 2011, still does I guess. Hope dies last so good luck.

really?  a $30 gain and its now a "rally"

Short term trading has few consistent winners. You have to be really good and the average trader without an edge will almost always lose in the long run (and on Bitcoin Talk some will even loose big time). Nothing wrong with taking the long term approach if you believe in the fundamentals that Bitcoin will be around and in use years from now.

$50 gain, and now it's not a "massacre".

i'm afraid you're incorrect, AGAIN.  too many people wrong, and i am right every single time, since December.

$346.67 and dropping.

Yep going to $250 or lower

Now mostly everyone is saying the same thing. lol Funny

Massacres seem to be getting repeated, time and again.

Don't say I didn't warn you all.
the coins will only get cheaper.

current price $293.97

Don't worry guys and gals, we are still dropping :)

$250.62 and dropping

Im so hungry right now!

That's a really nice amount! Congrats!

Nice call. +1 to you sir.

Now please tell us what will happen next with your crystal ball.

I won't get really worried until it drops below $200.  The part that's going to suck is the long
wait to retest the highs

This damn falling is super annoying, when is the recovery coming?