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that shit is going down, son
protect the money!!
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it looks like it's catching on
it's going down son
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falling knife gonna falling knife
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As you probably know, the "Bitcoin for Dummies" episode was a huge success. Many people are searching for bitcoin and many people are buying bitcoin. Because of this, many people are trying to buy on Bitcoinica. Too many people are trying to buy, so Bitcoinica ran out of reserve.
The way Bitcoinica works when it is in no reserve mode is this:
-if you are neutral (not short, not long), you can ONLY sell
-if you are long, you can ONLY sell
-if you are short, you can buy and sell
This leads to the strange paradox that when so many people are trying to buy, the price will fall.
This is new.
When we went from 2 to 7, Bitcoina did not allow people who were shorting to close their position (by buying), so we had the opposite problem -- when so many people wanted to buy, the price rose EVEN FASTER. This was because people who had short positions had no choice but to be liquidated, forcing the price up.
Despite there being so much support for Bitcoin right now, we may actually see prices drop faster and faster.
wrong. bitcoin is crashing right now because of the thread "protect the money" |
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it's coming!
protect the money guys!!
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 [/URL] |
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 The flying knife doesn't give a shit about triangles and Elliot waves. It is known. |
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if the price collapses now (when there's growth in the number of articles), my theory will be disproved
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I only take seriously alerts from people who post screencaps of trading software.
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only afraid of the weekend crash  |
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this is as scientific as reading the entrails of a chicken
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not that simple, rising prices drive the searches, but more searches generates more articles and gives more exposure which adds new adopters and drives the prices up
it is some sort of closed loop exponential feeding law, when the black hole collapses, it looks like the same occurs but in reverse
how long between two cycles? 100% psychological: until people forget and journalists/bloggers think it's time to make an article about bitcoin again because people forgot about it
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who cares about bitcoin
that chick is hot
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huge correction coming guys, borrowitz-einstein triangulum indicator in the red
Are we talking down to $6, $5 ? More data please.... I'm a professional trader, the triangulum never lies, bro. Once you see a Borrowitz-Einstein triangulum, you know something's gonna happen, it will either go down or go up. That's my advice to you guys: be very careful, it can go either way. |
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huge correction coming guys, borrowitz-einstein triangulum indicator in the red
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Can we get some >$10 voodoo next?
sure, this is a game, everything is possible |
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