That's the reason it's called "speculation" in opposition to "certainty"; by the time something became certainty (or at least very solid rock) is not subject of speculation anymore ... so yep, there are full of space to troll; crazy economics theory, modular mathematics kung-fu, etc.. that's the reason I love to post here And plenty of Paleontology. Loads of fun and very educational!
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My favorite chartman. Such bullish, very WOW! That's a mean-looking pimple on that pterodactyl head eh macsga? I am sure the thread would benefit from your learned opinion on the matter...
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This is the official Wall Of Troll of mine so please gimme a break... Now can we please CCMF a bit MOAR ? With some good HODLING in between of course!
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OMFG ... SLELL all of it . It is going to $10 !! I don't usually gloat, but I have to say it will be very tempting to contact Professor Williams mid-year to see if he would like to make another widely-publicized announcement, to follow up on his story.
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For crying out loud MTC. Stop flipping from side to side. Do not short this. Wait. Watch TV. Read a book or something.
I will come clean and admit that I have been shorting (and closing trades at a loss) since $810 right the way up and I am down about $400! When Bitcoin hit $830, out of reactionary frustration, I was just about to jump to the other side of the trade and go long in a typical n00b pig sentiment chasing manner, but a calmer wiser voice in my head prevented me from doing so for obvious reasons, and looking at the chart now, thank god! I am short 10 BTC @ $835, my stop loss is set at $441, but I expect to recover much of my recent losses over the next few hours. You mean $841 right?
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Looks like we broke out above for a second... yee-haw.
What, you mean that clear and blatant double top on the only exchange that really matters (Huobi). Think I might go and get me some leverage to double my short position now that this has just registered! For crying out loud MTC. Stop flipping from side to side. Do not short this. Wait. Watch TV. Read a book or something.
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Now we have four large a country of where Bitcoin is severely sanctioned, or half of the earth, in an area with about 2.8 billion people.
Oh well, only 4.2 billion and a massive black market for all the rest then. Never mind. Better pack up and go home I guess. Come on igorr, I'll buy you a cup of tea.
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It's not just a question of "pump" my friends. This 10-day consolidation was going to break up. It was just a matter of when.
im trolling.. I'm also a perma bull no lie a hodl platinum card has been issued to me as well It's fun trolling but in all seriousness, I've been saying this for two and a half weeks already.
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It's not just a question of "pump" my friends. This 10-day consolidation was going to break up. It was just a matter of when. EDIT: with the benefit of hindsight, 10 days.
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I wish people would stop using the Gox chart to base their view of the Bitcoin market on.
Who wants to trade on an exchange that doesn't actually allow you to get your money out?
Bots and retards!
Retards cos retards do retarded things and bots competing to win Bitcoin from other bots in order that they be cashed out on more reputable exchanges.
Any TA based on Gox is fkn irrelevant, end off.
MatTheCat, become an investor! You'll be far better off.
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Imagine someone with deep pockets, decides that the lowest price is now $900 (Gox), they soak up all the sells into that price and refuse to let it sink much below, obviously they want cheaper coins and they aren'y stupid so they reduce risk of a massive dump by using bots and no big walls.
This leaves a whole load of people who expected a crash over the last few days wanting their coins back, I think everyone who sold recently was trading and not cashing out, but they are going to take a hair cut when buying back in. The support at $885-$900 was persistent, calculated and looks well funded, They must have bought 1000's of coins over the past couple of weeks. So now the manipulator slowly increases the price until the rally takes off, and the bears capitulate.
Perhaps the TA people are being played, new players are moving in to bitcoin with large funds.
I've been "talking" myself hoarse saying it but I'll say it again one more time. The shift in market sentiment is HUGE. I cannot prove it with an equation or geometry but it's common sense. Until a few weeks ago, literally only a few weeks, so many were seriously concerned about Bitcoin being banned outright. The effect of the lifting of this worry cannot be overestimated. Along with the technology itself, it is by far and away the biggest fundamental.
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why is china panic buying?
Bitcoin is going to drive the world into a freenzy in 2014, didn't you know?
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There is a whole lot of demand out there that you just can't see. Sum the feelings of everyone in the market. 2014 is the tipping point: the move from investors feeling more secure in fiat to investors feeling more secure in Bitcoin (I'm not talking about you handful of die-hard veteran investors of course ) !
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Guys the joke on us, I've been watching Mtgox and bitstamp and simply some smart people are slowly buying small batches of 20-50 BTC each hour and it has been happening for the last couple of day.
It is actually the same bullshit Gox bot that was identified a couple weeks ago. At least on Gox. People call it the "Willy" bot and is likely run by MtGox since it had trading access while everyone else was shut out of Gox for an hour+ last week. Most of this current rise on Gox is the Willy bot. Buys around 15btc every 7-10 minutes. No- Huobi lead this small rise. BTC-E has also been relatively strong this weekend. You can't just blame bots. I didn't say Gox lead the rise over all the exchanges, I said Gox alone. The bot on Gox has been doing the majority of buying over the last couple hours. I didn't originally identify this bot nor am I the only one who sees it exists. For Gox yes one can blame the bot. It buys 15 every 7 or so minutes and there has been a lot of volume. It is rather easy to spot. The thing is, there are plenty of bots trading with plenty of settings. It's all part of the market and quite normal. These things have to be factored in to any trading analysis. Considering that Bitcoin is generally in an uptrend it's normal that when the strategy of bots is summed it tends to follow this.
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Using the word analysis for that sub-kindergarten chart reading is way to much...
Ha ha!
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We are at day 19/365 of 2014. Patience is a virtue.
+1
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Guys the joke on us, I've been watching Mtgox and bitstamp and simply some smart people are slowly buying small batches of 20-50 BTC each hour and it has been happening for the last couple of day.
You really did fall for the GOX bot? Some people still believe that bitcoin price is based purely ond supply and demand? Bots abound but just a thought: did anyone take into account the new ATMS? Depending on the set up they can be linked to exchanges. Apparently people have regularly been buying the highest possible limit of BTC via these babies.
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Guys the joke on us, I've been watching Mtgox and bitstamp and simply some smart people are slowly buying small batches of 20-50 BTC each hour and it has been happening for the last couple of day.
It is actually the same bullshit Gox bot that was identified a couple weeks ago. At least on Gox. People call it the "Willy" bot and is likely run by MtGox since it had trading access while everyone else was shut out of Gox for an hour+ last week. Most of this current rise on Gox is the Willy bot. Buys around 15btc every 7-10 minutes. No- Huobi lead this small rise. BTC-E has also been relatively strong this weekend. You can't just blame bots.
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A couple weeks ago all the indicators on the daily chart were still up and there was still a clear trendline intact which led to a triangle breakout.
I think it was 31 December. I don't know if that was when you were on holiday, remember? No-one would call it either way. That was clear. I think the majority had no confidence in the trend. Yes but at least a trend was there. Today we are hoping for this miracle recovery after the trend was just recently broken and daily MACD is down. Yeah but be honest, you are probably a bit surprised that this particular crash down hasn't happened yet aren't you? All I can say is that a couple of weeks back the first in a line of experts proposed two scenarios to occur within a day or two: a large crash or a sharp uptrend. He gave the latter odds of 1:100 of happening. Just watch over the days to come. We will start going up again into a new trend after this consolidation.
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