Bitcoin Forum
July 06, 2024, 04:52:24 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 »
861  Economy / Speculation / Re: Goomboo's Journal on: May 27, 2013, 03:30:39 PM
It looks like a crossover is imminent. Its been too long!

Uh? There was an "imminent" crossover for almost 24h before the last little upward move.
862  Economy / Speculation / Re: $150 will signal new trend on: May 27, 2013, 02:56:57 PM
I say the super-bullish sign will be breaking $166.43 - that's when the choo choo train will leave the station for good.

So would it be safe to say 'we will never see $95 again' ?

If someone sells 67,800 btc then sure we can see $95 again... but there are only a little less than 100k btc for sale on the order book, i don't think it's going to happend.

Bids can be removed, and coins can appear out of nowhere in a crash. Stay alert.  Wink
863  Economy / Speculation / Re: Goomboo's Journal on: May 27, 2013, 02:55:17 PM
And BTW, here you have the last three months with daily candles and 10 and 21 EMAs as per Goombo's strategy:



Pretty useless, isn't it?

It would have assured you a price of around $50-60, while the actual price could have simply crashed to the ground.
You can also see that he enjoyed a nice gain from the previous months.
864  Economy / Speculation / Re: Dear Bear, So is this a slow bounce up, then a slow drop back to $100 or less on: May 27, 2013, 03:02:30 AM
Or we already went through the "return to 'normal'", "fear", and "capitulation" phases and are now in the "return to the mean" phase.

I don't think so. After the peak in 2011, the price went down for months, in a long and excruciating winter for every Bitcoin advocate.

Another possibility, is that we are there:


Precisely when we had a bunch of VC investments announced.

Either way, I remain cautious.

Edit: BTW, while it would be great for my portfolio, it would also be very bad for Bitcoin.
865  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 27, 2013, 02:54:54 AM
One of your famed libertarians:
http://youtu.be/Ybud1Ai1dWQ

A little more and he would have said "What about the roads?!"  Roll Eyes
866  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 27, 2013, 12:51:59 AM
I was expecting more stability this weekend,  now i'm convinced next week is going to be badass Smiley

150 b4 Wednesday  Cool

Quoted.

Would be fun.  Cheesy
867  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 26, 2013, 08:32:25 PM
If you plot a straight line using a log chart, you are in fact plotting an exponential curve.  Wink
868  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 26, 2013, 03:25:34 AM
Yeah, I will haunt your dreams.  Grin


LOOOOL!

Magnificent!
869  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 26, 2013, 12:37:27 AM
Awww...

Still, I'll leave this here for the lulz  Wink
870  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 26, 2013, 12:18:57 AM
My TA fu isn't very good, but could this be a potential head and shoulders?

871  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 09:42:51 PM
I know, right?

Listen to these guys (especially maloney) struggling: http://www.youtube.com/watch?v=lRpwRpLdLDc

The mental anguish is palpable.

The problem with this discussion is that there's no one on the Bitcoin side.

Gold bug 1: "I think gold is good."
Gold bug 2: "I also think gold is good."
Gold bug 1: "Ah, question answered then!"

Please bring Jon Matonis to the discussion next time!
872  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 08:22:42 PM
C'mon, as nerds we all know the cake is a lieWink
873  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 08:19:54 PM


 Grin
874  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 08:14:35 PM
And who is to say this might not happen again, but for instance with "Bitcoin is illegal and it's dead"? Remember that those sentiments only are created once the price has already fallen for a longer time. Bitcoin was only declared dead by Wired near its very bottom at 2.

I'm willing to bet that we are going to see 4 digits within a few years, but boy, do most of the newcomers here have unrealistic expectations.

This.
I'm mostly nervous because we haven't seen any despair yet, which means that a bunch of
newcomers were a little surprised by the drop, but still think it will only go up Up UP!
875  Economy / Speculation / Re: Goomboo's Journal on: May 25, 2013, 08:09:13 PM
Goomboo, what has driven you towards Bitcoin?

Was it some kind of upward trend? Price volatility?

I guess an asset which price was $0.079 on May 2010 and $266 on April 2013 has quite an appeal for traders

Except he began trading Bitcoin way before $266.
876  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 03:50:56 PM
Clarkmoody playing tricks on me, or is there really a 700 BTC bid at $130?
877  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 02:36:59 PM
We have battles ahead of us, such is life.

To the Bitcoin machine!

*Batman tune*
878  Economy / Speculation / Re: Goomboo's Journal on: May 25, 2013, 02:30:34 PM
Goomboo, what has driven you towards Bitcoin?

Was it some kind of upward trend? Price volatility?
879  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 12:43:16 PM
Yeah, I will haunt your dreams.  Grin
880  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 12:37:52 PM
Small rebound before we head back down?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!