I redraw the chart with the same starting point.  |
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A quick progress update. Between peaks is 671 days  A poor analysis. You could easily draw two horizontal lines between at 100 and 140 based on the data shown. There is very significant resistance at the 100 level. It will not fall so easily. I agree  This chart is not objective AT ALL You can't compare 2 charts with different starting points. Always use a same basis.  |
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rUVHoPncHTbe8YT8G4ZRdQeT5LiHPLwX34
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Maybe it's a time bomb  Nobody really know yet if it's paniiiic sell or paniiic buy |
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Local sellers are obviously selling at blue dollar prices, so that makes it really really costly (borderline scammy).
If one could find an open heart altruist btc magnate to sell at official rate, that's jackpot.
... What are you talking about? The rest of the world knows that your 'official' peso/dollar exchange rate is flat-out wrong, the government is lying to you. Something is worth what people are willing to pay for it This is the opportunity, not the problem. To all Argentinians here: Stop thinking "problem". think opportunity. Can anyone sell me 10000 bottles of fine Mendoza wine for Bitcoin? OMG Wines for BTC, you just made my day (month? year???). I've worked with dozens of distributors.. I'll have the website up in a week ! Sounds great !  Let us know if you launch something ! |
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Speculators and traders thrive on volatility. Volatility is not good for bitcoin. Lack of volatility causes speculators to exit. Speculators exiting causes price to drop. Could be a good sign for the long-term health of bitcoin (I won't say "bullish").
Bitcoin needs to build fundamentals. That is what will drive its success.
-> Lack of volatility -> Speculators exit -> Price drop -> Noobs AND speculators buy -> Price rise -> Speculators sell -> Price drop -> etc |
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There was likely going to be a big upward rally on the 25th, but the Libery Reserve incident killed it. I'm still not ruling out a large price movement in the short term.
and why do you think this/what is this based on? If a market is bias upward, and the price breaks support without crashing significantly, then that means it's likely to rebound strongly. Many bitcoin forecasters anticipated a large rally before the 25th, and what's pushed down can hold a lot of unspent momentum. Anyway the market is quiet since a while, everbody is waiting for the slightest move to buy or sell. With 1M wall on the bearish exit, if it holds there is no other choice but to be bullish |
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What about another scale ? The current trend fits perfectly the historic trendline  |
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MtGox 127.5 Bitstamp 127.77 Since when is Mtgox cheaper than Bitstamp ?  (maybe an effect of the new MtGox verification process ?) |
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Thanks |
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DO YER TIME LIKE THE REST OF US
I did my time thanks |
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The best rally indicator is the 29 crash (well.. almost)  |
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I have been on these forums for way longer than 3 hours and 34 mins. Days if not weeks in collective time. I am usually not logged in when I am reading.
I was told at the bitcoin conference to PM someone and they can tweak my account so I can post and talk about stuff outside of newbie... Granted most of my technical questions are answerable by searching the forums. I learned that when I had a serious wallet.dat missing question.
Now I have more social related issues and projects I a mulling but I would like to open it to more than just newbie.
Any help is appreciated.
I'm in the same case, I am logged on the site for weeks and don't have any access except the newbie zone  Maybe it's 4 hours after posting here ? edit : ok I'm free now |
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You can have it on Btc-e |
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welcome! |
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online exchange before they shut down (one more)
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