Quick analysis of BTC/USD I did last night for the Bitcoin-OTC channel... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fanonymouse.org%2Fcgi-bin%2Fanon-www.cgi%2Fhttp%3A%2F%2Fimg687.imageshack.us%2Fimg687%2F7272%2Fbtcusdanalysis01.jpg&t=663&c=hqz25pFhZVBySQ) I think the technicals outlined here are panning out so far... waiting for the BTC to find support in the > $14 range, followed by a flat calm... I'm gonna start incrementally buying, in pyramid fashion, and averaging my price down as it sinks. After the coming calm I expect it to break-out again and make a run beyond $21. But give it some time and carefully pick your entry points. Buy in small increments and let the market run its course... it will pay off eventually when the next rip comes! Just don't be a perma-bull pig, or you'll get slaughtered! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Regards, --ATC-- +1
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Never Give UpI am not at all troubled by the resent dumps Someone out there clearly values USD over bitcoin ATM. This is their choice, however wrong it maybe. We must stand true to what we believe in no matter what the cost; in hopes of crushing this bear, I Here By Order everyone to Convert all Fiat into Bitcoin so long as the price is under 17$. Together will we prevail!
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if you cant beat them join them... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fencrypted-tbn0.gstatic.com%2Fimages%3Fq%3Dtbn%3AANd9GcTthoBrmpfhTektzayu-AMIgh6gHrIL67Z_NeO6SFsTi8chFLWeGQ&t=663&c=PEi5ZkbyqBQT-A)
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the house of cards is falling apart!
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bitcoin starts off distributed, and ends up in the hands of a few millionaires millionaires have accumulated all the bitcoins, now they are in a race to unload with a profit.
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jesus...this isn't even a retracement. Its turning into just an isolated dump... bigger then normal but still quickly repurchased
yes denial runs deep within the community, reality check is in order.
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bull trap set. dump more coins! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) At what price did you panic sell? 16.25 CAD
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where is Yuhfhrh?
he hasn't been on the forum for at least a week.
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bull trap set. dump more coins! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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if somone made a typo once.... he can do it again! short all the bitcoins s.dice!
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All time high volume means all time high price shortly? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Um, no. Go ahead and look at the all time price/volume history on bitcoin charts. All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation. So, you know, yay! The crash is done. That's good if there is a stagnation at 15-16 level, so I can accumulate more You're forgetting the correction part, before the stagnation. We're likely headed much lower than this. The crash is just the beginning. It's the big boys setting the trend. Now everyone else is going to start unloading, and this will probably go on for months. I don't know if Adam is joking around, but we probably will go below $10. I've been getting ready for this for a while, the bubble had me side tracked for a bit...
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All time high volume means all time high price shortly? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Um, no. Go ahead and look at the all time price/volume history on bitcoin charts. All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation. So, you know, yay! That's good if there is a stagnation at 15-16 level, so I can accumulate more you can accumulate with everyone else when it stagnates at the bottom, likely bellow 10$ it shouldn't be to hard to spot the stagnation period....
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All time high volume means all time high price shortly? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) it signals a down trend coming up
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the housing bubble crash was caused due to a lack in regulation rather than over-regulation.
LOL the bubble was orchestrated by the government. bush made a nice speech about how he wants to get ever America in a house, they bent the rules to make damn sure everyone got themselves a mortgage.
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its not "worth buying" at these prices. the IPO was kinda over priced too. as bitcoin bubbles up, it will be less and less worth it.
sunnankar made the argument in the beginning of this thread that shares are worth .0075 Now a few days are left in the month still for the whales to win it back... but it looks like satoshiDICE is going to have another great month. Even with the BTC price rally (now reversing) how low does the share price need to get for it to be "worth buying" to you? 5BTC / 1000 holy shit S.DICE droped to 0.8BTC / 1000 a few hours ago ok i'll buy at 2BTC / 1000
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You can look but you can not touch 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a That's yours? I my dreams! This is the richest address on the blockchain I own ~300 and i play with ~100 ( to short, buy s.dice, and wtv else i do with bitcoins )
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You can look but you can not touch 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a
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DOWN DOWN DOWN!
short all the bitcoins! let the millionars hold the bag
yes!
Highly unlikely. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) says the millionaire holding a bag of bitcoins. take it from a poor person, who's been in this game since 0.75, 16$ isn't "cheep bitcoins"
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DOWN DOWN DOWN!
short all the bitcoins! let the millionars hold the bag
yes!
I am assuming you want to buy some bitcoins? ya i panic sold. b4
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DOWN DOWN DOWN!
short all the bitcoins! let the millionars hold the bag
yes!
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