Havenīt you all read the newspaper article where GABI stated that they are buying on HUOBI right now? Someone posted it in here yesterday!
For some reason your pumping isnt nearly as effective as your trolling. He was ever effective? Everyone knows that i was solely responsible for the downfall from 800$ to 400$! So true. It wasn't the china-crash, it was the fonzie-crash. |
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The indicators need to clean up the bull divergence before the market can have a strong sell off. Expect the price to dick around 580-620 for a week.
What does "indicators" mean, and what's a "bull divergence"? You could google this and learn about Technical Analysis. Explaining indicators, Price/Indicator divergences, how to find them, their relevance and meaning should not be his job. My personal doomster is seeing a real earthquake coming over bitcoin, effecting a never seen tsunami in price over the next months. To much inexperienced and very young participants. A lot of hidden fear behind exeggareted and very plain expections. So you want to say you are a tsunami expert or a earthquake expert? Please answer me because I'm really confused ... Should I build a bunker or something? As you know, it's really hard to foresee earthquakes. Tsunamis not, as they come after earthquakes. I'm not an expert, but my doomster is. Everybody should raise a personal doomster in his basement. But I admit, sometimes he's wrong. |
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also the word is fund not fond  It's German! Using French, German, English and Spanish words is only intellectual swaggering with my language knowledge. And a pretext for mistakes ;-) |
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The indicators need to clean up the bull divergence before the market can have a strong sell off. Expect the price to dick around 580-620 for a week.
What does "indicators" mean, and what's a "bull divergence"? You could google this and learn about Technical Analysis. Explaining indicators, Price/Indicator divergences, how to find them, their relevance and meaning should not be his job. My personal doomster is seeing a real earthquake coming over bitcoin, effecting a never seen tsunami in price over the next months. To much unexperienced and very young participants. A lot of hidden fear behind exeggareted and very plain expections. |
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Yep,GABI should drive the price up.
If GABI is typical Hedge Fond, than this is not a one way. Hedge Fond does not mean that they'll buy in madness driving price up to make bitcoin holders presents. Hedge Fonds are also trying to make money when price turns south. I get the impression that a lot of people here are seeing Hedge Fonds as some kind of new bitcoin cultists. They are not! |
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 the price rises from yesterday (still lower than a couple days ago) and everyone is in moon mode again. This place cracks me up. Reading exaggerated emotional ups and downs on each tiny swing can be exhaustive even for a reader. Imagine how exhaustive it'll be for the human, who experiences such emotional swings. It's not healthy. So take your time, go outside, enjoy. I'll do the same ;-) |
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Good morning everyone! Can I get a short heads-up, has Shroomy bought his 2 BTC back, already? Anything new happened in the meantime? I just decided to give up predicting which way BTC decided to go. The honey badger god rabid! Good afternoon (2pm here). Shroomy bought back its 2btc, but as he did 6 smart trades yesterday, he only has one now  Is this a Coindesk News or Wall Street Journal? |
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100K a coin is not *that* high. I just look around and see the amount of money sloshing around in the real estate market (where I am) and it point to a massive amount of printing/lending/increase of supply year on year. Eg the price has risen 15% each year in hte last two years alone and does about 7~10% every year on average. The average price per house is not far of $1 Million. The gov FIAT printing machine it turned ON.
1 million is quickly becoming....well not that much really as far as buying power go's.
It's like we are in hyperinflation but no one has said so publicly yet.
I expect BTC to be 1K a coin by March 2015, 10K 13 months after that and 100K 13 months after that.
Would be nice to see bitcoin value reach that highs but in my opinion it's unlikely to happen, there's a big difference between increasing the price from 1$ to 100$ and from 1,000$ to 100,000$. Lucky for us that your opinion is not important Yes indeed, it's just a guessing game where everyone try to predict the unpredictable, but in my answer there's something true. Yes. The truth in your answer and the mentioned difference between those two is: Being a speculative candidate for a global monetary revolution, and accomplish a global monetary revolution. |
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Everyone waiting for bottom to buy back in, ask side is shallow. This thing could rebound surprisingly fast. Looking quite oversold at the moment.
Low Volume Rally? :-) Why not... this is a low volume dip That's true. |
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Everyone waiting for bottom to buy back in, ask side is shallow. This thing could rebound surprisingly fast. Looking quite oversold at the moment.
Low Volume Rally? :-) |
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Everyone stop panicking. This is following what I said earlier today. We are past the second horizontal, but it still could hold which means we will be following a triangle to a point before a crash or a moonshot. But what I think will happen is 560 will break and then we will rally around 540 in keeping with the slight downward trend from June first. If there isn't a rally there then or 540 won't hold, then the long term trend should keep it above 515. If that fails. We are in for a ride and I expect some crazy action. http://imageshack.com/a/img536/8384/OyNafd.pngSaying 'don't panic' then predicting a possible 515 or worse, is actually infuriating - apologies - but I am personally hoping the 550s is as bad as it gets! But 515 is the long term trend bottom. After that it's a climb back to 630-40. I expect a spring bounce. But if 515 fails all hell will break loose and anything is game at that point. Basically don't panic until you see 520, and then don't loose your shit until we hit 510. I really don't know which long term charts you are using, but my first really important long term Trendline is a lot lot lower. So we both can hope that your Trendline is stable. To not to terrify, if your Trendline got broken you really should search on lower levels. I think a lot of people here are getting shaken because they have no plan B(earish) and to high expectations. Long term bottom channel trendline (up slope) is 515. There are horizontal support pockets below that. But they are in the 400's and 300's. I don't see it getting that bad. But I'm ready if it does. Good to hear this. The one I'm looking on is in the 300's (not horizontal - but rising trendline). The others are a bonus if they hold. I suppose that the bullish mania will stop before reaching those low levels, so I agree: I'm not seeing it getting that bad, too. |
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... a lot of people ... have no plan...
Here's a plan that works well in this situation, in case anyone is lacking a necessary plan: Buy low, sell high. Now is the buy low part. Buy low, sell high is not a plan, it's more the motto for the plan ;-) But talking seriously - no matter where the bottom is, on 560 or a lot lower - people should mentally plan bearish cases, too. Or they freak out on unexpected movements. |
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Everyone stop panicking. This is following what I said earlier today. We are past the second horizontal, but it still could hold which means we will be following a triangle to a point before a crash or a moonshot. But what I think will happen is 560 will break and then we will rally around 540 in keeping with the slight downward trend from June first. If there isn't a rally there then or 540 won't hold, then the long term trend should keep it above 515. If that fails. We are in for a ride and I expect some crazy action. http://imageshack.com/a/img536/8384/OyNafd.pngSaying 'don't panic' then predicting a possible 515 or worse, is actually infuriating - apologies - but I am personally hoping the 550s is as bad as it gets! But 515 is the long term trend bottom. After that it's a climb back to 630-40. I expect a spring bounce. But if 515 fails all hell will break loose and anything is game at that point. Basically don't panic until you see 520, and then don't loose your shit until we hit 510. I really don't know which long term charts you are using, but my first really important long term Trendline is a lot lot lower. So we both can hope that your Trendline is stable. To not to terrify, if your Trendline got broken you really should search on lower levels. I think a lot of people here are getting shaken because they have no plan B(earish) and to high expectations. |
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My theory is Bitcoin bagholders are dumping to buy Argentine Pesos.
Not Bulgarian lev? Or Dogecoin... |
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Yay manipulators, sell it down on all exchanges to < $200! Go for it! Completely destroy the bitcoin market entirely so no one comes back to crypto for years and years! Great job!  Funny how those mythical "manipulators" are only invoked on the way down, rarely on the way up. Funny how you always show up suddenly when the word "manipulator" get posted.  And for the record, I do believe that manipulators are responsible for bubbles too. As financial giant you can try to trigger a bubble or a downtrend by influencing the crowd, but nothing more. And it's not that easy as there are other players, too. And after all, why not? It's okay. |
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The pain isn't intense enough, yet! We need to push into the 550s... There can't be a healthy trend reversal without a decent shakeout of all the longs!
And you think 550.00 is enough to shake out the (leveraged) longs? Maybe, but I doubt it. No, but that's the first step we need to take. Kill the credit bubble on Finex! Geez, if we're only going down this slowly, we're never gonna accomplish anything. People need to panic. There has to be desperation! Yes. I agree. |
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The pain isn't intense enough, yet! We need to push into the 550s... There can't be a healthy trend reversal without a decent shakeout of all the longs!
And you think 550.00 is enough to shake out the (leveraged) longs? Maybe, but I doubt it. |
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also it should be noted that i am almost always wrong.
So could it be, that you are drawing what you wish and not what you would think without (devoutly) wishes? ;-) |
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Time for a bounce?  who will win it I think at least wall at Huobi must get filled. Today or later. That wall on huobi will only fall if a whale will kill it, which i doubt. Bots will never sell into it they just don't work like that Oh, I think yes. And after that we'll bounce. Not sure if this bounce will be liberating her from the downtrend, but it could. |
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Time for a bounce? who will win it I think at least wall at Huobi must get filled. Today or later. |
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