So according to the forum users, we are halfway
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July 3anxiety | 2 | **** | denial | 8 | **************** | fear | 13 | ************************** | desperation | 5 | ********** | panic | 7 | ************** | capitulation | 4 | ******** | despondency | 2 | **** | depression | 2 | **** | July 6anxiety | 1 | ** | denial | 6 | ************ | fear | 12 | ************************ | desperation | 7 | ************** | panic | 9 | ************** | capitulation | 6 | ************ | despondency | 1 | **** | depression | 2 | **** | hope | 2 | **** | relief | 1 | ** | July 9anxiety | 1 | ** | denial | 6 | ********************** | fear | 12 | ****************** | desperation | 7 | ************ | panic | 9 | ** | capitulation | 6 | ************ | despondency | 1 | ****** | depression | 2 | ******** | hope | 2 | *********** | relief | 1 | **** | optimism | 1 | **** |
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Everyones panicing as if we havn't seen a drop before, i mean by now i would think that the majority of the forum members are desensitised to drops as they have seen it in bitcoin so many times, thats how bitcoin is, and no doubt bitcoin will go back up, its called the circle of bitcoin, if anything now s the time to buy ! 80 dollar coins! you were all think 80 dollar coins were cheap when bitcoin was 180 dollars, now its 80 dollars, its still cheap
point is
either
hold buy
but
DO NOT SELL
If the Bitcoin losts 10$ each week, it's not a bad thing to sell, and buy cheaper, even if you're 100% bullish
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(Noob) Itīs a long time I see this chart and I still don t understand it... Can someone explain me what are the 4 lines ? (Sorry) Or giving a link if there is an explanation somehere else
green squiggly line = dollars trying to be bitcoins yellow squiggly line = bitcoins trying to be dollars the ratio between them gives you an indication of whether folk are keener to sell or buy (red squiggly line). And it has a tendency to lead the price (blue squiggly line). Least, that's how I understand it. Thanks !!
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I can feel the dump approaching... Does anyone know if this is the furthest apart bids/asks and the price have ever been, while the price is higher than bids/asks? It looks a bit that way from the long term data....that's got to be (really) bad hasn't it? (Noob) Itīs a long time I see this chart and I still don t understand it... Can someone explain me what are the 4 lines ? (Sorry) Or giving a link if there is an explanation somehere else
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Meanwhile, bitstamp doesn't give a shit anymore what MtGox does.
A possibility : ALL the speculators on Bitstamp are already out. Only remain the long term holders and investors who don't care about other exchange prices.
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Very consistent rate of decent there, heres another one that might show what's going on a bit better: it's because of the bots
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If we are all bearish, maybe we are all out. So the price can't decline anymore. BUY BUY BUY !!!
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Thanks for your great chart site, it became an indispensable tool for me A suggest : it's very usefull when you're on btc/usd mtgox chart to have the value of bitstamp, btce and ltc on the top of the page, but if you switch on these other charts, you don't have the value of btc@mtgox... It would be great to add this value on the top of the page, too MtGox has been added to the top of the page. great
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Thanks for your great chart site, it became an indispensable tool for me A suggest : it's very usefull when you're on btc/usd mtgox chart to have the value of bitstamp, btce and ltc on the top of the page, but if you switch on these other charts, you don't have the value of btc@mtgox... It would be great to add this value on the top of the page, too
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According to well-established sources: If it keeps on raining levee's going to break
nice metaphor
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The only thing that can save your precious Bitcoin price now is another MtGox problem.
Mouhahahah!
I think the price will go up. I'm feeling bearish and I'm always wrong
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Anyone think these circled patterns resemble (perhaps not exactly) symmetrical triangles on a falling price? Not sure how accurate a 4hour chart is but I'd say we are about to break down a bit here...
yep! something will happen at the end of the triangle, but I don't think we can be 100% sure about a fall.. In the middle of your chart we can see also a triangle followed by a rise (between your 2d and 3d triangles)
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there is also a strong divergence in the chaikin money flow
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ghost town
We are all here
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Pressure's building, soon its going to go Pop!
Well we had a 40k green candle and the price didn't budge, so we are going to need some serious firepower. Or maybe some skyrocketing without firepower
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manfred thnaks for your answer I saw your chart "run-up aligned" on post 18, I'm sorry but the chart is still not valid because the zero line of the 2 charts are not aligned.
I don't invented chart or statistics, I'm just telling you the way all people do when they need to compare 2 charts : align the zero line and align the start of the lines.
On the chart above the 2 lines begin on the same graphic point, but of course not on the same prices (must be somthing like ~$15 for 2013 and ~$0.75 for 2011)..
Maybe DIY? http://img11.hostingpics.net/pics/78241320112013.jpg
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manfred thnaks for your answer I saw your chart "run-up aligned" on post 18, I'm sorry but the chart is still not valid because the zero line of the 2 charts are not aligned. I don't invented chart or statistics, I'm just telling you the way all people do when they need to compare 2 charts : align the zero line and align the start of the lines. On the chart above the 2 lines begin on the same graphic point, but of course not on the same prices (must be somthing like ~$15 for 2013 and ~$0.75 for 2011).. I assume my own chart isn't very precise too
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