Latest posts of: Dalmar

Total scam.. he may actually pay the first bunch of people, but will probably start goxing once he convinces some big players.

I expect the pattern from April 2014 to repeat. Major low (275) followed by a +60% pump and then sideways.

So, now every day someone will try to call the bottom.

Eventually someone will get it right, but mostly due to sheer luck.

Quote from: wobber on October 04, 2014, 11:21:22 PM

Bubble retrace from 1.1 to 0.55 ~=
Bubble retrace from 32 to 7 =~80%
Bubble retrace from 266 to 50 =~80%
If bubble retrace from 1160 is also ~80% that would mean prices of about 233.

WE ARE VERY NEAR THE BOTTOM.

In 2011 the bubble retraced from $32 to $2, that's a 93.75% decline.

1160 minus 93.75% it can go as low as $72.5

Quote from: seleme on October 05, 2014, 08:45:24 AM

Do you even know what ATH IS? Roll Eyes

I clearly said it was the local ATH of BTCChina in April 2013. Roll Eyes

BTCChina broke its April 2013 ATH.

Quote from: gotmilk_ on October 05, 2014, 08:15:08 AM

Huobi and Okcoin just had a flash crash! Could this be it?

Sub-2000 also on BTCChina which doesn't have margin trading.

Quote from: ShroomsKit on October 04, 2014, 05:45:16 PM

Again i don't get all the panic and stress.
This is what you traders wanted. Month after month you dumped on every price rise to make your 50 bucks profit. All the way till where we are now. And now you're shitting your pants because the price stopped going up.
And the most idiotic part is the minute we go up you will do it all over again. Until you scared away every single buyer. And then you wonder why the market won't go up anymore.

Really, stop crying. You wanted this. I can't read this shit anymore.
Traders are the cancer of Bitcoin.

Remember they are also the same people who pushed it to $1200. Grin

Quote from: BldSwtTrs on October 04, 2014, 04:22:16 PM

So this is now officially the longest bear market since the beginning of Bitcoin.

Larger markets take longer to correct. It would make sense for it to take longer than the 2011 bear market.

No, it's not. This is quite normal market behavior:

I would only worry if bitcoin drops below $85 (wave 4 low and max target of C).

Quote from: mmitech on October 04, 2014, 07:35:09 AM

but when Bitcoin lose its value faster than the Argentinian peso , what do we call that ?

It's called a dump. Tongue

Bitcoin's price rises and falls have very little to do with inflation/deflation in the real world.

LOL.. it's more likely they are just ex-bulls who lost money and are now butthurt.

Quote from: fonzie on October 03, 2014, 04:25:19 PM

Quote from: podyx on October 03, 2014, 04:23:17 PM

Quote from: fonzie on October 03, 2014, 04:22:25 PM

The lack of bull traps is alarming.

Is that a bullish or bearish thing? Cheesy

Bearish as fuck! Shocked

Even short term speculators have lost interest.

The paypal bull trap to 450 scared them away. Grin

Quote from: fsb4000 on October 03, 2014, 03:17:27 PM

Quote from: Dalmar on October 03, 2014, 08:37:25 AM

They are clearly afraid that Ruskies will panic dump their rubles for BTC. The Ruble has been the worst performing major fiat currency this year.

So stupid

Actually there is deflation now in Russia Cool

For example:

January 2014 1kW*h = $0.1
Now 1kW*h = $0.09

January 2014 1 liter of milk = $0.74
Now 1 liter of milk = $0.71

January 2014 cost Internet per month = $11.81
Now cost Internet per month = $10.5

And every other goods are cheaper now Wink

The Ruble is losing value rapidly relative to the USD:

http://www.xe.com/currencycharts/?from=RUB&to=USD&view=1Y

This dump could be related to the +1.1% move in the DXY.

Gold is getting dumped as well.

They are clearly afraid that Ruskies will panic dump their rubles for BTC. The Ruble has been the worst performing major fiat currency this year.

Quote from: tifozi on October 02, 2014, 08:31:36 PM

Bill Gates: Bitcoins are cheap !!

http://www.bloomberg.com/video/bill-gates-bitcoin-is-exciting-because-it-s-cheap-dQ4qHV4~TLSnUIuIRfZBVA.html

Rally.

He said bitcoin transactions are cheap, not the token itself.

Quote from: dropt on October 02, 2014, 07:38:58 PM

Wobber, how about you show me the TA that signaled the Nov 13' runup.

The OBV was a major clue that price was about to explode. Especially the OBV of BTCChina as it was making all time highs 2 months before the bubble.