So anyway, I'm observing a wall at 517...
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... I really dont see a bubble coming like last year.
Passphrase recognized. Ignition sequence engaged. Countdown begun. to 505 ! 505 target price confirmed. Destination set to $505 per mBTC. Exponential cryptographic cascading enlightenment engine powering up... Increasing acceleration curve slope. Engaging trans-currency fiat liquidation engine. Co-opting U.S. Federal Reserve Bond Purchasing system. Redirecting as U.S. Federal Reserve Bitcoin Purchasing system.
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... I really dont see a bubble coming like last year.
Passphrase recognized. Ignition sequence engaged. Countdown begun. to 505 ! 505 target price confirmed. Destination set to $505 per mBTC. Exponential cryptographic cascading enlightenment engine powering up... Increasing acceleration curve slope. Engaging trans-currency fiat liquidation engine.
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... I really dont see a bubble coming like last year.
Passphrase recognized. Ignition sequence engaged. Countdown begun. to 505 ! 505 target price confirmed. Destination set to $505 per mBTC. Exponential cryptographic cascading enlightenment engine powering up...
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... I really dont see a bubble coming like last year.
Passphrase recognized. Ignition sequence engaged. Countdown begun.
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Applicable to a stable currency that gains no value itself. Not applicable to Bitcoin.
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I think the Chartbuddy bot is a cool project. But may I ask of those who didn't create it, what value does Chartbuddy really add that cannot be found on a site like bitcoinity or bitcoinwisdom?
Historical price context to explain sentiment changes in the posts of the thread. It provides some correlation that can actually be studied with regards to sentiment vs price changes in a way that can be easily noticed.
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Everything is awesome... - Lego Movie
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Welcome back Mat! Long, short, or flat? It sounds like you are short, or would be if you didn't give up on shorting completely.
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Never a guarantee. But the winners in the dump were the shorters. They used the funds to open more shorts. They are now trapped in the current rally.
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The money did not just disappear. It was simply transfered to other traders. The buying power is still in the market.
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I think it's entirely possible we could flash crash down as low as 420 within the next 2-3 weeks, ending the week of the crash above 540. It's also possible we could stay flat for 2-3 weeks. Either way, when we break above 685, we're on our way to a new ATH. I expect to revisit the last ATH in about 7 weeks, and be at our new ATH about 4 weeks after that.
You think that the market could handle going down to $420 and then charge right back up to a new ATH? If we go down to $420, then we will be looking for a new ATL for 2014. A price change of similar magnitude happened the week of 9/25/2013, after the weekly MACD turned green. It was the ultimate bear trap before the big rise. It sounds like such price action would likely pull you into the bear trap. I was completely wrong on the timeframe. We've been moving in slow motion up to this point. Change "weeks" to "months" and it was about right up to this point. I don't think it will be long before the next ATH.
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If the $14 million of margin longs that disappeared from bfx were to panic buy at market right now, price would reach $1800. So that's our very high ceiling without any new fiat on the exchanges.
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Obviously the machines will conquer the earth once that happens! Sell your coins the terminator is coming!
Yeah, ok. In a doomsday scenario, all money is worthless. Fiat, Bitcoin, and Gold would all be worthless in favor of shelter, water, food, and ammo (in that order).
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*sigh* Now I'm sad. Our contrarian indicator is going long at $511. That means if we hit it again we tank.
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I'm sure her advice on attaining happiness has some value. Advice on attaining wealth is something else.
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Wait. Are you seriously running around screaming in anticipation of a $35 drop?
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Total sum of active swaps USD 0.054% 0.1602% 18,006,743.72 USD BTC 0.0055% 0.0065% 7,462.83 BTC Over 500$ without new longs There is at least 12mil$ for borrow on finex If we had $12 million in panic buying at market price, where would that take the price?
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