I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts  Didn't Tera turn bull a few weeks ago though? Aside from the usual trolls pretty much everyone is bullish right now. In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical. Long term I have always been bullish and remain bullish.Jesus you keep that bullish enthusiasm well hidden. Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative? It's an indicator that everyone is short sighted. So you are right and everyone else is wrong?  Why not? Last year, when price was at 800 range everybody was laughing at rpetilla who said that he is leaving the forum until price drops to 500. The price have dropped. He was right and everybody else wrong. After the gox drop to 400 even repietlia claimed it was never going below 500something again, and I was the one who corrected him and said it was going to 300s, and ended up being right. |
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I think this is the part where we need some volume to advance further...
How low do you think we would go if the ~$613 resistance will hold? zzzzzzzzzzzzzzzzzz   3 day MACD could possibly go down in as little as a week tho |
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I think this is the part where we need some volume to advance further...
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Everyone hope on his own, i hope the buyer of these coins will be smart enough to hold  You'd have to be really stupid not to hold for at least a year for lower capital gains taxes. That depends on how much you make trading. A good bitcoin daytrader or swingtrader can increase his coin coint 1000%+ per year so the tax is well worth it. |
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It seems my solution of letting Gingermod just troll himself to death has worked.
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unconfirmed 1W MACD cross again just like the last 2 candles.
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Hello Tera (forgot to ask this in my original post on here). You seem like a good TA person. If the ETF or second market or something happens soon (before q4 aka dec 2014) what do you think the price would be. Many on here say like 2-5k.
I can't use TA to tell you this, about what will happen in the future when a fundamental changes. Sorry. |
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Why is everything called a "bubble"? A bubble by definition is something that is unnatural, unjustified, and rare; not something something that occurs regularly. The only bubble that has ever occured in Bitcoin was when it went to $32 in 2011. The $15-$32 portion of that might be called a bubble, and wasn't seen again for 2 years.
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I wish TERA would make another illustrated prediction so we can add it to our collections of Goofy Forecasts Didn't Tera turn bull a few weeks ago though? Aside from the usual trolls pretty much everyone is bullish right now. In terms of short term trading (the next 6 months) I was bullish for the past 6 weeks, until 550 was breached. Now I am neutral and think there is an equal chance of rallying and of beginning a C wave down and the next 2 weeks of consolidation will be critical. Long term I have always been bullish and remain bullish.Jesus you keep that bullish enthusiasm well hidden. Hahaha Tera don't you think it is a strong indicator that everyone except you thinks you are too negative? It's an indicator that everyone is short sighted. |
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Anyone posting this trend is just shooting themselves in the foot because actual TA analysts would see that this trend is clearly trading weakly and likely to fail. You should base bitcoin going up on something besides 'look at this half baked line I drew on the chart of the past 1-2 years'. |
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What the heck does "Wall street is going to 'move in'" mean? I have a feeling we're going to find out! imagine a bubble of epic proportion multiply it by 100 and add the fact that at that point fiat will be dead to the top 1% You guys gotta be careful what you wish for. You could get your wish of fiat dying but then bitcoin does NOT get used as everyone's new magical store of value and barter tool that goes to the moon and instead you just starve to death during world war 3. Good luck. |
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Not a chance a premium will be paid. Care to place a small wager?  There is enough liquidity over a weeks time on various exchanges to buy 3k (x9) in Bitcoins without much movement in the market. The premium is not for liquidity. It is for legal coverage. If coins have to be proved as 'legal' then that would pose serious questions about the fungibility of bitcoin. People should be able to use bitcoins freely and efficiently without worrying about where they've been and if something on the blockchain can be traced back to something illegal. |
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Or this one:
Where will Bitcoin price be in Q3 2014:
Option 1: 10^5
Option 2: 10^6
Option 3: 10^7
Option 4: 10^8
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It's not pessimism. It's a rational explanation for why this might be taking so long with any announcements at all.
Now if I was actually pessimistic I might say something like... "they are actually planning to ban bitcoin".
Do you always have to rationalize downwards?? This isn't downwards. It's a possible explanation for the delay that already happened (remember than it was July at the latest, not July at the earliest). I'm not saying that anything bad is going to happen in the future, or that bitcoin is going to go down, nor did I give a timetable for delays in the future. |
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For some reason I get the visual of a circle of men in suits and ties agressively converging on Bitstamp with suitcases full of cash, forming a spartan shield formation and executing a suprise attack.
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I think I know, but I'm tired of hearing this catchy phrase. IT sounds like spam or a cheap sales pitch. Could please define a little more about what 'move in' means?
Is an exchange going to open?
Is bitcoin going to open on comex?
Are a bunch of guys with suits and ties going to dump their stocks and decide they need to bring bucketloads of cash over to bitcoin so they can join the speculation and holding circle?
Exactly what kinds of things will occur and companies and players will be involved.
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great chart (from it, looks like we are on the same trend @green and dotted green). Not sure if the trend line is the blue one (I am not that good at reading graphs) The trend OP is referring to is definitely not the blue line. |
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My biggest trades were in December when we did a day with over 100K volume on Stamp/finex and 140K volume on btce and I was trading on both of them at the same time.
Yeah, but that was surreal. A bit of an outlier. (And I was a bit too scared to trade then when the market was so obviously f-ed up, quite stupid in retrospect.) Ya. I was only trading with 500BTC during the two crashes in December, and on other days I was only trading with 200BTC. |
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The auction was bearish. Now it's suddenly bullish?!
They've seen how much money the bidders have and now they plan to milk it all out. Seriously, an actual bank. Everything in bitcoin is this way. Anything initially seen as bearish and causes a drop gets flipped around later with a bullish spin to seem bullish a cause rise. |
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