Thanks, I see some big traders using it regularly but my few attempts to figure it out failed miserably. Might have to take some real time to read about it.
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Add a long term bull trend line and we are obviously at very critical point.
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Ryan, what's the best resource to read about EW?
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Honestly, this doesn't look good. Too much resistance in 600s.
for swing traders. Hopefully just that. If we get completely rejected here it might get worse than that and go back to prolonged bear market., we have just breached long bull trend line. Fingers crossed we won't.
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Honestly, this doesn't look good. Too much resistance in 600s.
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How are we OK with up to 25% of "premine" on this?
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Oh great. Another newbie has pronounced bitcoin dead. That makes 12,472 fails to date!
Not newbie, of course. Some sad fuck we all know for sure.
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I think you are overreacting, pretty weak dumps so far.
Also like the idea of creating muhammadCoin and relocating all the terrorists there.
How about you relocate to my DickCoin?
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Wobber, me feels you're getting scared a bit ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I give you 1D, 3D and week MACD all in green. Panic buy wobby, or you're going to be left behind ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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What happened with that Ripple founder who announced he is going to sell his stuff? Doesn't look like he did, price is still kinda respectable (though lot lower than before)
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There will be a day.. when the price has stagnated for too long, and a hacker who stole the mtgox coins (or some other hacker/scammer/drug dealer from the past, for that matter), feels that this is as good as it gets, and then he starts to dump his coins. And this in turn will invite all the other past criminals to dump their coins because they don't want to lose their promised wealth.
Most of the bitcoin cultists don't understand the psychology of criminals. They usually don't think long-term and they go after quick fixes. I highly doubt it that many of them are as fanatical about bitcoin as the people here are. The only reason why they haven't dumped their coins yet, is that there is hope that the price will rise more. This has made bitcoin into an asset, that's value has to be constantly rising or else it will face doom.
Much desperate dickhead? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Are we sure it was a dump? I doubt anyone would dump it down to 2$, he could slowly sell it for much more. It was probably margin call, just like that guy who lost 2 millions being margin called to 0.01$ on Finex few months ago when it was 15$. I remember catching few hundreds back then for 7$ and selling for 10$ minutes later.
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Had MT4 order at 622.666 on Btc-e, site says it went to 622.343 and my orders were not filled. Shit.
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Tera's reaction when she gets back and sees the price: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FbOukTcQ.jpg&t=663&c=zowVFelkOCks6Q) Don't worry, she'll say she bought on the bottom and will give you 3 reasons why she did.
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Price is tanking. Deal with it.
You're idiot. It's hard to deal with it though ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I'm on the same level of idiocy with the people that shout '10k by August'. Could agree with that.
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Price is tanking. Deal with it.
You're idiot. It's hard to deal with it though ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Of course everytime we go above 600, manipulators put up walls and the sheep panic sell. Fucking idiot traders.
Shroomskit, is that you? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I think this is kind of what separates the real traders from (most of us), hm, "enthusiastic amateurs" ... I had to look up what a "Bloomberg Terminal" is, a few days ago. When I saw the price, I wasn't exactly surprised, but had to conclude that for the time being, I won't need one ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 315 000 subscribers at 24000$ per year, holly shit.
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I'm sure you do have your eye on that, as you are desperately trying to convince yourself that the resolution of this auction tomorrow is not going to light a short term fire under this market.
I really don't give a flying phuck mate. I have been calling Bitcoin pretty damn good these last few days but have still managed to lose money. I am stuck with being a shite trader until one day I get under control whatever impulse or thought process pattern causes me to keep pishing all over my own feet. What I do care about is trying to have my finger as near to the pulse of the market as I can get it. If I am wrong I am wrong, but I try not to be. Mat, the only chance for you is trading on 1 day charts. You're just too hothead for anything more short timed.
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Damn, you just reminded me to check my mail, failed to do it last 2 weeks ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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