|
I don't think it's junk, but it's probably less useful than some expected. And I doubt it will turn green soon, if it works correctly.
|
|
|
|
|
IMO if support at 300$ will be broken, you better panic and sell if you haven't already, buy back about 200$.
It's difficult to predict how many more early adopter whales will panic sell.
|
|
|
|
...
2013: peak at 266, post-peak bottom: 15% of peak price.
...
I don't trust your math.  It's very accurate if you look. Maybe we really found the bottom and now we are consolidating towards a new bubble. Very accurate, eh? Another one whose math I won't trust... Gox prices, 266$ on the 10th April 2013, 66$ on the 5th July 2013, that's 24.8% not 15%. |
|
|
|
...
2013: peak at 266, post-peak bottom: 15% of peak price.
...
I don't trust your math. |
|
|
|
Today is 29th/october/2014 - mark my words!
Ok, but what we can do with your prediction if BTC will never reach < $100 limit? you can call my mother names N00b, you should be respectful towards your mother.  |
|
|
|
Support broken on OKcoin, time to panic? |
|
|
|
More satoshi anagrams:
Shamans Iota Took
Mania Toasts Hook
Sonata Hooka Smit
Astonish Oak Atom
Ankh Oasis Tomato
A Satanism Hook To
A Hooka Mason Tits
Considering the amount of greed and fear involved in bitcoin trading, "A Hook To Satanism" seems appropriate.  |
|
|
|
A comparison of the October 2011 chart with the current one tells me that the bulls should test and break the 420$ resistance about the 5th - 6th November, in order to assure that 275$ was THE bottom. Failure to do so would increase the chances for the bearish scenario, in which 275$ won't hold and my current best guesstimate would be about 180$ (don't ask why, multiple reasons, including a gut feeling).   |
|
|
|
Waiting for the market to regain some bullishness...  And, who said that it is impossible to herd cats? Thanks for this: I just witnessed "on the internet" that it is possible to herd cats. I have another one, with more herded kittens.   |
|
|
|
I dont understand, I can see longs with the buys appearing but I don't see any huge sells with the kind of these shorts (+20K BTC), I just don't get it.
On Bitfinex, you can either shortsell and let the system to automatically take care about choosing the swap offer(s) with the lowest interest rate(s) available at the time (and optionally below a manually set interest rate limit) in the background or you can borrow BTC manually for later use (or return if you change your mind and decide not to sell the borrowed coins), effectively securing certain amount of coins for short selling on demand (you won't unexpectedly run out of coins to sell in the middle of the action). A huge amount of unspent swap at high interest rate is dubious. I guess either somebody tries to trick the legit short sellers to close their positions (due to the increased interest rates and the confusion about the overall long/short landscape), effectively causing or supporting a mini-pump, or somebody is getting ready to push the price down and/or mitigate a suspected mini-pump attempt. Or it's all just piggy-backing. Somebody started to short and everybody followed until it went too far. May be somebody tried to encourage piggy-backing by borrowing but not spending the swap, just to force-close the resulting shorts later (jump back to no.1). I am not sure but I am starting to get a little uncomfortable about my opened short position. But I am not panicking, yet.  Thank you sir. |
|
|
|
Waiting for the market to regain some bullishness... |
|
|
|
I have recently risen to Hero, so I'll dare to ask a leverage trading question: If someone takes a loan in $ to go leveraged long, does he have to buy BTC immediately, or can he wait 12h - 24h, for instance if he wants to catch the bottom of a correction? Or if he takes a loan in BTC, does he have to immediately sell all, instead of selling a chunk, wait for bids to rebuild, then sell another chunk, to reduce slippage? Edit: Never mind my silly question, someone gave the answer I was looking for in the wall observer thread. |
|
|
|
|
If Dilma wouldn't have been reelected, then maybe she would have (at the advice of JorgeStolfi) put some of her kickbacks
into bitcoin (to hide them from the investigators) and stopped the decline, but unfortunately she was reelected.
|
|
|
|
For those who believe in the bearish scenario (which would be invalidated by a strong break of 420$ resistance), here is a possible unfolding, a "replay" of the August drop, only taking about 6 times longer, that's why I used 1h for August and 6h for current charts (current chart may need to be extended).   |
|
|
|
...
Bull FUD in an oxymoron...
Not to shorting bears it isn't I don't understand why you got upset. Fear, Uncertainty and Doubt are bears' tools. Permabulls can only do "up Up UP", "Choo Choo MF", "to da moon". They lack the brainpower to do quality FUD. |
|
|
|
|
Show Posts
