Speaking of trendlines, there some EW trader who gave a 3 hour lecture on youtube about how all of the trendlines are going to break due to EW and they all have to retrace. Even that lower line, the one I'm following, he thinks is going to break. What do you think.  Dan is consistently wrong. And keeps altering his consistently wrongness. Follow him at your own peril. Actually Dan was calling 400's back at 850.One would have made a shitload of money following his model. Say what you want about his low end, but to call him 'consistantly wrong' is undeserved. It's not hard to make it right when you make 30 different charts per day. Many people called 400$ at that point, even usual perma bull rpietila. Dan just throws his shit each hour and when it finally meets some of his projection - voila, he's EW prophet. There are loads of people here and on Tradingview that could make you much more shitload of money than Dan could if you followed them. And on daily basis, not on 5 months one. If you followed Dan's advices and back it up with shorting, you'd get squezeed more time than you had dollars to trade with. |
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I'm not really TA master but I don't see any bearish divergence out there. Bullish divergence failed, yeah, but there's no bearish one at all.
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Going to bed  |
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bring it on, my bids are waiting. below 300? I have lost my appetite. Wonder how this would reflect on mining business if the news they want to stop mining hardware transactions too are true. They are top in that department too. |
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We had several Silkroads with China already |
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someone wanna tell Canada about this dump?  I want my bids eaten too ya know!  |
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People dumping on Bitstamp because a company in China stopped using Bitcoin. Nothing but good news every single day and they don't give a shit but a company in China stops using Bitcoin and everybody totally shits his pants and dumps.
If that 2nd article I posted is true, it might be more than one company. Than again, we had that like 5 times so far. |
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Bitcoin traders...what a bunch of idiots.
We are really. We should all be full in fiat Bitcoin and wait for China to completely fuck of from Bitcoin world. not care about things that don't matter FYP They matter unfortunately, we're under Chinese mercy for months now. No they don't matter at all. People think they do and therefore exchange rates with fiat are affected in the short term, but that is all. Therefor they matter. I'd love if they would not. Anyway, I missed to buy at 340$ last time, looks like I'll have a chance again. |
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Bitcoin traders...what a bunch of idiots.
We are really. We should all be full in fiat Bitcoin and wait for China to completely fuck of from Bitcoin world. not care about things that don't matter FYP They matter unfortunately, we're under Chinese mercy for months now. |
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No idea what it is. But does it surprise anyone that it happened while we were going up. It's like Chinese Paypal. And yeah, it always happens on top while so called good news happen on bottom. Bitcoin is Chinese bitch. |
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Bitcoin traders...what a bunch of idiots.
We are really. We should all be full in fiat and wait for China to completely fuck of from Bitcoin world. |
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In the meantime, classic accumulation happening at Second Market. They have some 105 000 BTC already.
This thing is going to blow up our minds when it explodes. And it might be soon, this looks to me like 140s last summer.
While I agree SecondMarket it one of the better indicators we have, you do recall it took a while to take off last summer. Well, it can take much much longer still. It's OK, I don't mind if it would take months to be honest. As long as it happens |
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whenever I get bullish same shit happens last few weeks |
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This smells like some rumor/news.
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In the meantime, classic accumulation happening at Second Market. They have some 105 000 BTC already.
This thing is going to blow up our minds when it explodes. And it might be soon, this looks to me like 140s last summer.
You mean like before the 266 spike right? I'm getting the same feeling. It's the blockchain heartbeat, bublub bublub... first spike june this year to 5000, fall back to 3000 until october, and then a moon ride to 20,000 starting in october, and possibly escape velocity and no looking back. Yeah, it looks like that. The only issue is that there is still a fear of what will happen with China and Gox coins. |
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Rumour news about to come? This dump looked like one of those..
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In the meantime, classic accumulation happening at Second Market. They have some 105 000 BTC already.
This thing is going to blow up our minds when it explodes. And it might be soon, this looks to me like 140s last summer.
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