Glad to see that there is so much development going on with this coin  I'm a believer since day one and will continue to hold my tips indefinitely. It's a shame that the multipools dumped this coin down so hard, but glad to see that it has been removed from multipool.us. This will hopefully allow the coin to grow. I have high hopes for tips in the future. The new coin symbol and branding also looks nice. But any idea why there's still the old logo on coinmarketcap? Would be cool to see the new one there. Anyhow, great work guys! This coin rocks and I'll keep accumulating more and more at these ridiculously cheap prices. |
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LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
a) In 2014, price will visit below 100 = 0.1%
b) In 2014, price will visit below 200 = 2%
c) In 2014, price will visit below 300 = 10%
d) In 2014, price will visit below 400 = 40%
e) In 2014, price will visit above 500 =100%
f) In 2014, price will visit above 750 = 95%
g) In 2014, price will visit above 1000 = 80%
h) In 2014, price will visit above 1250 =75%
i) In 2014, price will visit above 2000 = 70%
j) In 2014, price will visit above 3000 = 65%
k) In 2014, price will visit above 4000 = 50%
l) In 2014, price will visit above 5000 = 30%
m) In 2014, price will visit above 7000 = 10%
n) In 2014, price will visit above 10000 = 5%
/LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
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So... The bottom is finally in?
Maybe.  This are just arbitrary lines. Gratulations  I'd say they are not so arbitrary. The exponential resistance and support trendlines are correct, as well as the linear downwards channel from the dec bubble pop. |
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AAAaaannnd it's been pulled  |
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I am sorry, but BTC will not survive this night.
Lets remember the good moments we had together...
When you feel this way it is a sure sign that it is time to buy as many coins as you possibly can. Trust me. I have learned this.  Correct. In a few months I will laugh my ass off. You know why? Cause dumbasses like that guy, thinking and hoping BTC will die. Poor fucker, no fiat to buy BTC, so why not hope it just dies. Holding since $700,-. Bought more at $420,-. Guess what, I again bought myself a few more coins. I love buying coins when there is despair in the air and noobs are freaking out. Actually, it is the best indicator to buy as many coins as one can. Sent two months salaries worth of fiat to stamp today. Yes!!! |
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The price is dropping more with less volume, meaning that people are pulling their bids. It shows that the price dropped 30$ in 4h with just 11.4k btc volume.
It now seems that when the critical point is reached and the grand finale of this downtrend begins, then the price will go lower then even I predicted. It may actually stay in double digits.
Still waiting for the grand finale, but sadly it probably won't happen soon. There are still some fools left who are buying up this dumping, and until they exist, we will only see gradual slow dumps.
Every word you say oozes "i am short, please dear God, dump". You should've atleast tried to appear someone neutral. This guy is a total troll, I would put him into the same category as Fonzie The ignore button, friend, can work wonders! |
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$375 here we come
love it
Because you're gonna buy tons of coins at 375? Dumbasses gonna be dumbasses. Screaming the price will go down so hard, but when it's there... they start screaming again when the price will drop even more. Guess what, get your head out of your asses . You do not have the balls nor the fiat to buy BTC's, you can just admit it. All they have to spare is pennies which they are hoping for BTC will hit that. Pennies... LMFAO. Hobo's. Thats what they are. Missing the train... being sad. Jumped aboard the LTC train and kinda missed that aswell. Poor hobo's. Hehehe, yes! I even would go as far as to make the following postulate: The less bitcoins one has, the higher the likeliness that he keeps posting a lot of senseless crap posts. A simple, yet maybe universal law. |
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[...]
A kind of a self-fulfilling prophecy, yes. However, there was a 1w EMA downcross at the end of october 2013. How did that work out?
(a) Maybe I missed it, but I don't recall TERA specifying exactly which weekly EMAs crossed over, so it's hard to tell if you found a bad signal or not. (b) That said, even if you did, keep in mind, we're not playing 'mathematical proof' here, where one counter example is enough. We're playing 'is my stochastic system better than a monkey throwing darts'. And if a signal is, say, right 3 out of 4 times, and assuming you have some form of risk control in place (basically something that allows you to let profitable positions run, while cutting short unprofitable ones), then there's a chance you have a system that beats the dart throwing monkeys*. * Details very much matter of course, so the above is nothing but the most high level description of why history based trading works even if individual signals go wrong. Yes, you're right. I didn't want to question the use of TA in general, it indeed works in so far as that it gives you an advantage over noobs/sheep. Even if only works 51% of the time instead of exactly 50%, that is a win over random walk. What I was questioning was the absolute certainty with which some people here seem to "know" what will happen based on some simple technicals. The probability that something totally unexpected will happen is still brutally high! |
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Seems like a lot of people buying on Huobi (probably wall street), people must be realizing that the downtrend will be reversed soon. Within a few months price will be at 100k $ per bitcoin, I am holding and buying.
Yup that's exactly what the wall street big boys are trained to do - wire money to some strange unregulated chinese exchange that is less than a year old so they can buy a speculative commodity right as it's entering a 1W ema downcross. I think that was meant as a joke. Ah yes, the famed 1w EMA downcross. You do realize that EMA's are a causal result of previous trades, not a precursor to trades that will take place in the future. They do hold as much power over future developments as does drawing random lines. Simple lesson of causality, a basic physical principle of reality. Believer of random walk hypothesis discovered. So, what are you doing on the speculation forum? Seems kind of pointless, no? As things stand TA should NOT predict prices but enough people believe in the analysis that a 1w EMA downcross will affect prices. The bare minimum is that a significant TA marker will make speculators more inclined to buy/sell and in the small market bitcoin exists in it just takes one big (ish) player to get skittish and the whole herd follows. So take it as a warning of future group sentiment. After all bitcoin value is (currently) largely based on sentiment with value based on perception. A kind of a self-fulfilling prophecy, yes. However, there was a 1w EMA downcross at the end of october 2013. How did that work out? |
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Seems like a lot of people buying on Huobi (probably wall street), people must be realizing that the downtrend will be reversed soon. Within a few months price will be at 100k $ per bitcoin, I am holding and buying.
Yup that's exactly what the wall street big boys are trained to do - wire money to some strange unregulated chinese exchange that is less than a year old so they can buy a speculative commodity right as it's entering a 1W ema downcross. I think that was meant as a joke. Ah yes, the famed 1w EMA downcross. You do realize that EMA's are a causal result of previous trades, not a precursor to trades that will take place in the future. They do hold as much power over future developments as does drawing random lines. Simple lesson of causality, a basic physical principle of reality. Believer of random walk hypothesis discovered. So, what are you doing on the speculation forum? Seems kind of pointless, no? Hehe! You've got me. It's interesting reading some of the posts, that's what I'm doing here. There are really some reasonable posts here where you gain some valuable insight, for example if some major news occured |
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Seems like a lot of people buying on Huobi (probably wall street), people must be realizing that the downtrend will be reversed soon. Within a few months price will be at 100k $ per bitcoin, I am holding and buying.
Yup that's exactly what the wall street big boys are trained to do - wire money to some strange unregulated chinese exchange that is less than a year old so they can buy a speculative commodity right as it's entering a 1W ema downcross. I think that was meant as a joke. Ah yes, the famed 1w EMA downcross. You do realize that EMA's are a causal result of previous trades, not a precursor to trades that will take place in the future. They do hold as much power over future developments as does drawing random lines. Simple lesson of causality, a basic physical principle of reality. |
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china banned btc several times and we didnt go below 400$, gox died and we didnt go below 400$.
why should anybody sell below 400$ this time?
i see the chances higher that we go up from here than down.
Well, the biggest holders won't sell everything all at once. They will sell their coins gradually, and in all probability, some of them are actually the same guys who are yelling "it's an trend reversal! Buy!" in this forum, so they could drop their coins with better profits. If the price reaches certain heights then there will be another drop. The drops that you are seeing, are the effects of those little spikes that you can see here http://blockchain.info/charts/bitcoin-days-destroyed. And this isn't over yet. It will be slow and painful as long as there are fools who can be tricked with these constant "trend reversals". Only way how this would be over quick, would be if less people would fall for that. Then the dumpers would need to fasten their dumping. and why would we go below 400 then? the market makers do not sell the bottom, they sell when we are up in the triangle, the weak hands sell the bottom. this might go on for another month. i just dont see why we would go to 100-300$ like people post here. its more likely that we will leave the triangle sideways without a lower low and then start to go up. People posting we go to 100-300 are most often trolling. No one really believes we're going down that low, but a lot of people still try to convince others that we will. |
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Btc is worth $10k alone on notary.. now add other use cases.. speculative is a special word here.
in theory, it has huge intrinsic value. but it needs the infrastructure, which it doesn't have right now. I cant think of a single use of bitcoin that can support a price of more than, say, $50 today. speculators exiting the market would crush that price support. All speculators exiting at the same time would require that everyone recognizes at the same time that bitcoin has no value whatsoever. Of course 50 USD would be crushed. The probability of that happening right now is close to 0. Millions of USD are being invested by angel investors in the infrastructure right now, hundreds of ATM are being planned and installed. The money is not going in the bitcoin for now but in its infrastructure. When bitcoin price is going up, it increases the relative return on capital on companies and infrastructure investment as compared to direct bitcoin investment. Which means more interesting to invest in infrastructure. As the money is going to infrastructure, it is not going in BTC anymore which is depressing the price while investments are being made in infrastructure (current situation). The last bull run has triggered massive investment decisions in the startups and infrastructure. This money is going "in" bitcoin but not affecting the BTC price. Yet. Exactly. And it is only a matter of time until these massive investments into the infrastructure will reflect in the price. It is utterly ridiculous to think that the price will slowly grind down, never to recover again. |
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Yay, Bitcointalk is back up again - damn DDOS attacks are getting more and more frequent..  I'm not sure it was a DDoS, pings where fine and it was more like the site was switched off than slowed down. Maybe safety measures to avoid April the first pushing FUD levels to critical mass and breaking space/time Interesting theory, could well be. But hey, the day is not over yet, still time for a massive amount of FUD. |
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Trend reversal always happens when despair is the greatest. Maybe the overall pessimism here is a good indicator for that.
It happens when people really get desperate, bearish sentiment is at its maximum, doomsday prophecies begin pouring in.
And just in that moment, when it is least expected, the bounce comes. You cannot really predict it.
Technical indicators cannot tell you when it will happen. They can only give you small hints.
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Omnomnomnomnom
These sell walls are being eaten steadily. I like that! Nomnomnomnomnom |
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 Dude. That looks more correct. It is an exponential trendline, and the support at 400 is very high, because it's the lower exponential bound. I just can't see bears breaking that support, they already are running out of ammo, and the support forming is very strong. I set 400 as the lowest limit, just can't see it drop any further. |
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Sell at 20? you mad son? I only sell when it hits 100+ Aint gonna sell below that, I can wait!
I agree 100%. Also keeping dem coins until we hit 100. Even if I have to wait 1 year (an eternity in crypto time). |
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I'm so glad this little breakout is happening. phew. now it might hold relatively still so I can enjoy my weekend before the next drop. I hope.
You've gone from a good poster(postin bullish stuff) to Fonzie/Mah(postin bearish/critical stuff) status in a short period of time. Welcome to the ignored group. FTFY You will be shunned from the cult if you don't cheer along mindlessly! I myself have discovered that it's more dignified here to be the controversial figure who doesn't fit in very well. Because those who are weak spirited and easy to manipulate, seem to fit in best. It's like that with every other cult. Dost thou utter blasphemic words against our holy and beloved cult? Heretic! Thou shalt soon feel the wrath of our almighty father bitcoin, who shall smite all those that oppose him! |
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Anyone that's been around bitcoin for a while has seen this before, investors are patiently sitting on the sidelines waiting for the bears to run out. Anything other than that would be a poor strategy as bitcoin has a good history of repeating patterns, check the end of the fall from the rise in April EDIT: August 2012 is probably a little closer to the current situation, not much in the difference though. When are these investors going to buy exactly? Maybe you noticed we have been going down for months. And what sane person would buy big amounts of coins right now knowing that one fake tweet or rumous is enough for the sheep to panic sell everything they got and make Bitcoin drop 50 dollars in a few minutes. And since this is actually happening about once a week i really doubt any serious person would buy right. They know that no amount of good news will make the price go up anymore. People will keep selling till it has become worthless if this stupidity continues. An amazing idea ruined by traders and idiots. Cheer up man! They cannot ruin bitcoin. Bitcoin had similar, if not worse situations like these before. The next rally and big jump in price will come, it's just a matter of time. And the bitcoin network is so much more than just the price. It will survive! |
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