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3821  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 09:58:26 PM
I'm feeling bearish again.  Undecided
3822  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 08:18:06 PM
4hr MACD loooking good don't lie to me MACd! They have yet to not tell the truth when a trend like this start and ends Cheesy here we come 1600

Is it just "looking good" or is it CROSSED? Because the former is a trap.
3823  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 07:51:31 PM
Buy now or not to buy and wait for price drop?Huh?
My dilemma is "is this like April 2013 or like 2011"
3824  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 07:45:33 PM
The poll should have been ">9000"
3825  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 06:18:33 PM
China looks like its about to push up again. Weird the way the market prices are way out of balance yet their movements stay in step with each other.




I think China is dead actually  Roll Eyes

How can anyone be bullish by looking at this chart?
Because they're looking at a mtgox chart instead which has a higher 2nd low and thinking "oh this is just like April when it crashed to 50 and then to 78. Now were due for a rally to 900."
3826  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 06:08:23 PM

Fuck China. Buy buy buy.
3827  Economy / Speculation / Re: A brief history of exponential trends on: December 17, 2013, 05:42:15 PM
Updating for Jan 1 2014. Looks like we went ballistic this year, and travelled way off our 4x yearly growth target. The absolute possible minimum for this crash is currently around $70, which does not seem realistic anymore. The next minimum, $280 of Jan 1st 2015, seems more realistic, but the pretty picture of exponential growth says $70, so I leave it here.



P.S. $1000 becomes an absolute minumum possible price at around November 2016.
This chart is actually pretty scary because it makes right now look just like 2011.
3828  Economy / Speculation / Re: Will it hit $1000 again? on: December 17, 2013, 05:35:37 PM
OK keep bashing bears. You can count your fiat profits while I count my btc profits.
3829  Economy / Speculation / Re: Will it hit $1000 again? on: December 17, 2013, 10:34:54 AM
$1000 is the new $150
3830  Economy / Speculation / Re: What happened after the last bubble? Check out these charts on: December 17, 2013, 10:29:03 AM
The last bubble:



We missed the big spike, but does this look familiar?






Don't you think that we are in a very different context now?
I'm just saying you can't be 100% sure of things based on patterns like this.
3831  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 10:11:27 AM
Double local top of 4300 at btcchina.. Welcome to Bear Market..
Same pattern as last crash.
3832  Economy / Speculation / Re: Chinese feeding frenzy on: December 17, 2013, 10:07:41 AM
China is only one piece of a puzzle of bitcoin's growth. Then you have bitstamp which has grown from nothing to a high volume exchange with a 16M bid, then you have btce that has grown to a 12M bid, then you have bitfinex, then you have mtgox having grown to 40M bid. Not to mention there is Second Market and all that sort of thing. I doubt you will get $100 coins or even $400 coins.
3833  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 09:50:42 AM
New lows coming on Stamp and Gox.

Discuss.

Bitcoin up 7000% in 2013.

Discuss.
I haven't slept over 4 hours per night in weeks. I must now be clinically sleep deprived and suffering brain damage. Discuss.
3834  Economy / Speculation / Re: What happened after the last bubble? Check out these charts on: December 17, 2013, 09:15:18 AM
The last bubble:



We missed the big spike, but does this look familiar?




3835  Economy / Speculation / Re: Bitcoin getting too hot too trade? on: December 17, 2013, 08:54:23 AM
Too late it's probably going to 900 before it goes to 600s again. I myself missed out on getting in on (and holding) the lowest prices due to all the china FUD today but now I realize it is only third payment processors that are banned and not banks.  Undecided
3836  Economy / Speculation / Re: Next rally? on: December 17, 2013, 08:49:00 AM
There will be a rally but not to or near an ATH. Look at the asks sums on all exchanges - they keep growing - the bubble is over. Though non-bubble rallies can be almost as rewarding if you play them right.
3837  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 08:45:09 AM
So do bitcoiners just use the same protocol after each bubble? A couple weeks after the crash, spread some FUD about the liquidity of an exchange to crash prices almost back to the floor and get back the coins they missed or sold early.
3838  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 08:23:39 AM
omg you FUDgepackers
3839  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 06:02:06 AM
To the moon??  Huh

Last time I asked it was in fact not the moontrain.  Undecided
3840  Economy / Speculation / Re: lol @ "buying and holding is the best strategy" on: December 17, 2013, 05:38:41 AM
Correction: Buying and holding is the best strategy for people who want to be able to sleep and a have life (but not the most profitable).
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