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I thought we'd see a pump now. Kinda thinking theyll drop that sunday or early monday est time.
The slow uptrend is still on, and possibly tomorrow will cross the 4h MACD, and maybe then you'll get your pump. Are my eyes deceiving me Tzupy or did you just predict an upwards price movement?! I just said that a pump is possible, doesn't mean I believe in a sustained uptrend, at least not yet. And if the pump fails to gain momentum, the dumps will start. |
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I thought we'd see a pump now. Kinda thinking theyll drop that sunday or early monday est time.
The slow uptrend is still on, and possibly tomorrow will cross the 4h MACD, and maybe then you'll get your pump. |
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Can you post a link to an explanation of why the 3dMACD bar is so important? I know there are plenty of explanations of why the MACD bar is important, but I cannot find anything specifically about the 3dMACD bar.
It is important in this market. Flipping to green gave good buy signals in May and November, also flipping to red gave a decent sell signal in July. |
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The divergence hasn't flipped to red yet, but last time it did in July at about 620$, and then we all know where it ended (275$).
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The is a bearish divergence in 1h MACD, and 4h MACD is still negative, while its divergence may flip to red soon. A triangle is going to break soon, but there is a bit of upward momentum, so I'm not sure. But the next 6h are locally critical.  |
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Are mentally ill?
This is old news from 10 months ago, jezus christ how low can you sink.
Ahem... Published on December 12, 2014 at 22:58 GMT |
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"This law wasn't intended to apply against individuals who simply exchange bitcoins," Lowy (defense attorney) said.
"It would be no different than if an individual were to sell rare coins, rare stamps or to conduct a garage sale and give anything of value in exchange for currency."
So judge Fleur Lobree is anti-bitcoin (or just idiotic). I hope the jury trial will dismiss the charges, or a dangerous precedent will be created.
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... Adoption or not, you're also here for a reason. The same reason we are all here for. Me you, and even that Lambtroll who I falsely thought he got away, because everybody got him on ignore! Come on Tzupy, say the reason... SAY IT! I'm "here" because I believe there will be a new big bubble in the second half of 2016, and I hope to sell all my coins close to that top, for a massive fiat profit. |
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The "adoption" is actually early adopters spending their bitcoins and increasing bitcoin liquidity on the exchanges, resulting in more seller pressure and lower prices. I find quit likely that 1 - 2 months from now the ask sum on exchanges to almost double. Bears rejoice over increased "adoption".  |
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If I was a criminal, I would prefer to deal in US dollars personally. There is NO TRAIL, if someone gives you cash. Ask Ross Ulbricht if Bitcoin is anonymous.
If someone gives you cash, the same fellow may give you some lead. SR and clones made such trades much safer. And DPR wasn't caught because he used bitcoin, but because he was sloppy. There may come a future when feds track bitcoin to catch dealers, but not yet. |
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I am excited about Open Bazaar too, but will they have the inventory of items that Amazon has? And Amazon is what mainstream people use, they will probably not trust OPen Bazaar.
Bitcoin is not for mainstream people, but for people who want to evade laws and regulations. It can be used with mainstream online merchants, but this is just a gimmick. |
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The ONLY bullish news I am looking for is the full release of OpenBazaar, quoting:
OpenBazaar is a new way to trade online. By running a program on your computer, you can connect directly to other users in the OpenBazaar network and trade with them.
This network isn't controlled by a company, it's a decentralized network that isn't run by any organization at all.
This means there are no mandatory fees to pay, and that your trade is censorship-resistant.
OpenBazaar uses Bitcoin, a digital currency that is also cheap to use, decentralized, and censorship-resistant.
This project is open source, which means the code is publicly available, can be reviewed, and anyone can join the project and suggest changes.
We are in beta right now, testing and improving the network continually. We hope to have a full release early 2015.
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Such an announcement should provide a good opportunity to short the top of the DCB.
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There is no need to invade Russia, it's easier to bankrupt it.
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While further drops are possible very soon, the market is already in the oversold zone, so a dead cat bounce should follow soon.
Only after that DCB will the market test support at 275$. Unfortunately, bitcoincharts is missing the last 10 days for OKcoin,
and also last 24h for Bitstamp, so I can only rely on BTCChina for indicators.
Stamp hourly RSI is primed for another drop (bounced off 45 from the bottom) and 4hr is about ready to embed below 30. Both good for trending moves. The 12 hour is in bearish, not oversold state and daily has reset since the $275 low. To me, nothing looks that oversodl  DCB after $335-340 to complete the impulse down It doesn't look that oversold yet, and it won't even with the expected drop, it depends how large the oversold zone is defined. My point was that one shouldn't short close to the bottom of the possible drop, because a DCB should follow and could trigger a stop loss. I expected a drop to happen, but with this shitty volume... However, when the market will test 275$, it will look bloody oversold. |
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While further drops are possible very soon, the market is already in the oversold zone, so a dead cat bounce should follow soon.
Only after that DCB will the market test support at 275$. Unfortunately, bitcoincharts is missing the last 10 days for OKcoin,
and also last 24h for Bitstamp, so I can only rely on BTCChina for indicators.
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OP's attempt at damage control won't work, China doesn't care and will keep dumping.  |
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I voted 500+ because I thought that by the 31st Dec the market would have found THE bottom and after that gone up, but now it's obvious that there should have been more options between 100 and 500. Anyway, so many delusional permabulls voted 1000+. |
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I had hoped we wouldn't break this indicator, but we have, and quite so.
We can expect sub 100 in a 1 to 2 month time frame now. Worst of all, there's no indication it will stop collapsing there.
Would you mind sharing which indicator? My most bearish scenario is currently about 140$, not double digits, so I'm curious. |
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