Sigh...so damn close to 3 green bars in a row on the 1w charts!!!
Oh well...back to the drawing board.
Oh wait...that's 2 green bars...one more to go...come on bitcoin!!! One more week of the good stuff and I am back in the market. |
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Sigh...so damn close to 3 green bars in a row on the 1w charts!!!
Oh well...back to the drawing board.
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Where are all the predictions and YouTube videos for bitcoin going over $10,000?
How is that any more ridiculous than Apple having a market cap of $700 Billion? in order for one BTC to be worth $10,000, the market cap would only have to be $210B or less (depending on how many bitcoins have been mined when it happens), less than 1/3 of Apple Corp's current value. Well, when you buy some Apple stock, you become owner of a slice of a huge company, that makes 70'000 USD of profit every second, by manufacturing and selling more than 10 million high-quality computers and smatrphones per month, that people literally give a kidney for. Whereas, when you buy a bitcoin.... There is no rational reason why an Apple phone or computer is substantially more desirable than one of it's many competitors. It's simply a preference and preferences change. The desire to own bitcoins (which can be looked at as shares in the Bitcoin network) is also a preference. The demand for Apple products may go down, particularly if they fail to keep innovating at a pace and in a way their customers expect. The demand for bitcoins may go up if innovation in the space makes them more useful. There are plenty of rational reasons why an Apple computer or phone should be substantially more desirable than any of its competitors. And there is a serious barrier to Bitcoin going mainstream. And if you look at those cases one explains the other. Name one single rational reason |
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How low can this possibly go? I'm thinking 160ish
How about $0.99? |
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I know this sounds like some bullshit conspiracy theory chant that repeats itself on this forum but...anyone who is still holding BTC would be doing the smart thing right and get rid of it...let it crash and buy back in at fractions of a dollar.
Bitcoin is like a junkie on the street...no hope for rehab until its completely scrapping the bottom of the barrel.
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some one is trying their god damn best to crash the market but it just isnt happening lol
It looks more like they are trying to get out above 1400 CNY before it crashes.  Oh come on, it didn't look like it was going to crash at all before this okcoin kamikaze move, we've been bumping up from 1400 CNY / 220 USD long enough to see it wasn't going to drop lower any time soon. This Chinese "drop" looks highly artficial to me - only huge dumps without accompanying smaller drops. Seems like nobody really wants to follow. From what I've observed, the amount of BTC to 220 USD on bitfinex got a little below 6k for a moment, now it's back at 6300. If it goes back to 10k after this flash crash attempt, it seems inevitable that we're going up. I, for one, am going to sleep. All in BTC. Good night, gentlemen. was thinking the exact same thing..  still, 5 red candles in a row :/ We are heading for another red candle this week...people who are not thinking about selling bitcoin are not very smart |
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And of course, my $289 sell order that I pulled would of been perfect Always this shit...   Dont worry you'll probably get another chance to sell at 289 on the next surge upwards At which point he will be gagging to re-buy at $310 wow https://www.youtube.com/watch?v=WBsxLMCA8R8Internet too slow, whats the jist of it? "the next 72 hours are critical" (edit: said some time on friday) The next 2 weeks is critical...if this doesn't hold...buh bye buy |
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Great show folks...you cant buy this kind of entertainment
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so how much should I transfer over to my exchange account?
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Wow...really nice climb happening here...not sure if I can wait 2 more weeks to buy
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On to our second green candle on 1w charts...hope it holds.
Might just have to charge up my exchange account soon.
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Not getting back in until I see 3 successive green candles on the 1w charts.
Obviously I won't get in at the bottom but it will at least be on the way up.
If you did that back in June you would have bought at the top. Ummm...no...I would have bought at $450.76 eh? On what date was the price $450 AFTER three green 1w candles? Check Stamp and BTC-e - 19th May  Huobi and BFX would have had a very different outcome though ... |
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Not getting back in until I see 3 successive green candles on the 1w charts.
Obviously I won't get in at the bottom but it will at least be on the way up.
If you did that back in June you would have bought at the top. Ummm...no...I would have bought at $450.76 eh? On what date was the price $450 AFTER three green 1w candles? 11May So 3 green candles on 11May at $450.76 and 3 red candles on 20Jul at $612.23 |
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Not getting back in until I see 3 successive green candles on the 1w charts.
Obviously I won't get in at the bottom but it will at least be on the way up.
If you did that back in June you would have bought at the top. Ummm...no...I would have bought at $450.76 eh? On what date was the price $450 AFTER three green 1w candles? 11May |
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Not getting back in until I see 3 successive green candles on the 1w charts.
Obviously I won't get in at the bottom but it will at least be on the way up.
If you did that back in June you would have bought at the top. Ummm...no...I would have bought at $450.76 And sold at $610.41 |
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Not getting back in until I see 3 successive green candles on the 1w charts.
Obviously I won't get in at the bottom but it will at least be on the way up.
If you did that back in June you would have bought at the top. Ummm...no...I would have bought at $450.76 |
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Not getting back in until I see 3 successive green candles on the 1w charts.
Obviously I won't get in at the bottom but it will at least be on the way up.
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