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lots of fake walls as support today, they get touched and disappear
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FAlling like a stone..83..We all know how Americans are greedy, they will panick sell when waking up, more downward trend to come..
i am sure you are right. they finished their day with the exchange going offline. waking up and seeing 80$ instead of last 120$ panic will set in I guess this shit that's going on will continue till btc is at 46$, or if its really bad, 15-20$. then 30-50% rise in the following month because of institutions going in (the exchange in the US joins MTgox on May 7th, I guess 5 days before the price will begin to rise again).
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Got out now with a loss of 30.000 USD at 93$ (yeah, too late, i know). Stupid me, got out at 120 $ before and reinvested on the run up, my fault. Oh, and the biggest mistake was not selling the bull trap at 180$. Fuck hope.
Waiting for it to settle down.
As long as the hourly averages (that's the lines on clark moody, now at 113 $ and 130 $) don't get crossed back up, it's not advisable to buy. After this weekend maybe. Or next month.
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We need to pass 178 USD and stay above, to end this correction on the hourly chart.
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somewhere around 166 USD now, where is a working chart???
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At the moment:
Bitcoinity.org: Mtgox trading engine lag: 211.47s
MtGox about an hour ago: Maintenance Over however we are now under a DDoS attack.
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Gox is upgrading now. Nothing goes.
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Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month? If the price touches $300 on MtGox before the end of the month, I'll give you one whole shiny bitcoin. This time I'm certain I won't be giving any bitcoins away. This move was decisive, the number of bitcoins to be sold is piling up as people hope to get out, and a substantial amount of money has probably left for good. There's really only one way from here, and it's down. Everyone, finally a signal that the dip is over, proudhon has spoken. Thank you proudhon, now seems the perfect time to buy then, as you are the best contra-indicator.
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Nice one! So the hope isn't lost and with the flood of new MtGox accounts we see 300 USD before the end of the month?
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btc china at 218 usd
Chinese can't predict the future 197 USD now. Sure they can't predict the future, but can we? All we can do is just collect all information and make our decisions, MTGOX isn't the only exchange.
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132 now, we found the peak at 146.
now its time to relax and let it stabilize for a few weeks.
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I'd buy the first one in Tokyo :-)
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The cool thing is, if it's true, that it will/would be bi-directional. Withdrawing money in fiat directly from your bitcoin wallet into your physical wallet as cash, skipping bank / bank accounts completely. As cool as this would be, I'm filing it under "Believe When I See It"
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22K BTC till $199 There is more resistance back down to $90 than there is to $200
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