One thing that I take a great deal of comfort from from this XT nonsense; almost none of the so-called supporters are credible members of the forum, most come across as the usual sock puppets. I suspect that very low numbers of real people actually support GavinMikeCoin. This. I've never seen a reputable member who switched their node from Core to XT. Still XT-lovers brag about their mining power. Anyone who does is immediately branded as non-reputable by those that disagree. |
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Hi guys, i'm personnally a perma bear and im currently shorting from 450. Im in red now but my sl is at 530 so i'm still in so far. How about you guys  Pffft.... I was a perma-bear for fucking months and months, pretty much right from the double top....never made much money, actually I lost money overall, cos I am a fucking shite trader. However.....I am pretty good at reading the general course of the market. If you guys can't see that the bear trend has reversed itself with the break out above the 'accumulation zone' (sub $300), then you can't read markets. Next real resistance in the long term, is up at about $800, where the 61.8% Fib Retracement is from the $1160 - $150 correction. I would for one would not be going short Bitcoin right at this point in time....Sure it will correct, and correct fucking heavily, but the potential for the upside to exceed all expectation will prove lethal for many bears with short positions. From $330, all the way up to $505, the charts were screaming SELL SELL SELL, But when Bitcoin goes off like a rocket, there is no predicting it. Try to catch the top at your peril. I would close your short position now (currently $385), and take what still is some tidy profits.....cos Bitcoin's next target, is the 61.8% Fib retracement of the $500 - $350 correction, which just so happens to be around the $450 zone. Perhaps $450 will prove resistance too much for Bitcoin, but even if it does, you will have to sit and witness your position going from however many thousands in the green, to practically fuck all in the green, or maybe even some in the red. I couldn't tell you how many times I have done that myself, and even ended up taking losses on what were winning short trades (and long trades as well for that matter). Reliable and good sources confirm this. (Nice to see you  ) |
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wot no $560k?
Maybe, though your 14 month deadline is almost upon us  still rootin'  |
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OK I'll take that!
buy $411.30
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ok so in the real world I'e be buying back in right about now (well once it breaks 440) ....
*taps fingers on desk*
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sgbett: The 10k crowd is pretty crazy too. How would that happen "in the next few months"?
Even assuming the insane 60% / mo growth rate of the last 30 days keeps up, we'd "only" reach 10k in june. That would be an increase of about 2600%, BTW.
Every parabolic top has always made the previous one look like a speed bump. Lets take a fairly naive history repeats itself scenario: I'm of the opinion that the ~$260 blow off top in April '13 wasn't a full move. It was just the 'first sell /off bear trap' in the move from $15 to ~$1k This time around we go from ~$250 to ~$15-20k, with first sell off / bear trap at around $4k back down to around $1000. Get ready for *that* ride, ought to shake down a few of us |
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You know, instead of taking the opportunity to be really mean to a stranger online, you could have some manners. Thanks for the link, but there really was no need to be so rude.
"really mean?" Have you been on the internet long? |
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lets have a punt at catching a correction sell 469.01 oh dear. It's a hold till $1000 or at least it feels that way, as I haven't felt like selling yet just going to be bullish and call new territory for Bitcoin prices past 2013s high at least that's what it feels like to me watching this, its going to be a beautiful looking google document for almost all the traders in the sim . That said I do respect your bravery in picking positions sgbett it's kind of quiet in here although I'm sure a lot of people are lurking The median entry price for new users is $150 dollars now damn!) (And the present rate 477.48 USD at the time of posting) well, I aint gonna win this game by holding so gotta try and do something different! also it saves me the temptation of trading IRL, this way I get to experience the face palm without real financial consequence. that $500 facepalm, is pretty facepalmy |
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lets have a punt at catching a correction sell 469.01 oh dear. |
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lets have a punt at catching a correction sell 469.01 |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Probably, by 2021 the inflation will be ~1.8% , by then the bitcoin price can be way over 50,000$. You could become a rich person by then. Well you guys really are very very optimistic about the price. It is simple too high at least for me because from 300 to 50,000 is a huge difference. To make this change there is not enough time and i think its impossible for almost 6 years from now. Almost like $3 to $500. That would never happen! |
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none of the other crashes fubar'd anything.
this time its different?
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it looks like 27 people are living in a dreamworld....  which 27 though .... recent high of $387 says its not the group you might think |
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Even when Ice'n'Berg are tragically embarrassed by what happens in the real world, this thread still won't matter.
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The fact we entered into fourth wave territory is evidence that the iv-v blowout count was right. The sideways movement we see now could be a larger triangle but I will post the idea later to avoid the hate when a premature count changes.
... EW is King of ponzi land.
This would be in a fourth wave position of some degree, and a fifth wave to follow. But the issue is that US exchanges doesn't follow the chinese one, chessnut  Chinese exchanges have been leading on this run Yes my friend, I know. But I don't know why we can't keep with the same pace with them ? Why the $20 and more spread ? IIRC China mostly led last time. Always look east for the dawn! |
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