|
Alright, due to Bitcoinica having problems, this rally has been canceled.
We're going to see another "mirrored parabola" short-term reversal (shallow parabola up from 4.1 -> 4.2, shallow parabola down 4.2 -> 4.1). I've seen this several times before.
|
|
|
|
|
I think we need a "Bitcoin Wizard," a site that lets "normal people" scroll through the typical newbie's learning process in about 5 minutes.
1. What is Bitcoin? (don't talk about the blockchain, talk about tangible benefits like tiny fees, international banking, instant transfer, no chargebacks)
2. Get a Bitcoin "account"/address (which term is better?)
3. Buy bitcoins
4. How to use it
|
|
|
|
For further inquiries, please contact Jon yourselves. He will be more than happy to respond to questions and comments related to this incident. jon@bitcoinica.com |
|
|
|
Why is the official bitcoinica line coming via you and not bitcoinica themselves? Did you contact them about this or did you hear about it elsewhere? So is this for sure a software problem? I wonder if they are going to 'fix' it by selling a ton of btc. Well, the statement says they aren't actually out of money, so they shouldn't have to sell BTC. I've contacted Jon (COO). He has promised to alert Zhou when he wakes up and says the problem should be fixed within a couple of hours. If you want, I can get Jon to post here. |
|
|
|
|
zhoutong better fix this ASAP.
|
|
|
|
Is it just me, or can't I buy more Bitcoins on Bitcoinica to go long with? It says "No Reserve" when I place an order. Are so many people long that it actually drained their Mtgox account completely from all their USD? :p  Pretty Bullish sign isn't it? If that's the case, it indicates bullishness among bitcoinica users, but it is a tempting opportunity for anyone with the funds to try and squeeze those longs. What the hell. A friend of mine can't even liquidate his short because of the "no reserve" error. Sucks being stuck with a short if you think the market is going to go up... Are you kidding me? Nope. And there seem to be more people with the same problem: http://help.bitcoinica.com/discussions/questions/48-no-reserveLooks like their entire balance is currently in BTC, preventing everyone from going long or from liquidating their shorts... hahahahahaha! bullish sign. When zhoutong gets more float, we are going to see a massive spike. |
|
|
|
It may still touch $5 before end of year. I'm shorting now, waiting for a big dump in the $4-4.15 range.
"I'm shorting now?" you need to keep up, that was so 10 minutes ago lol look guys, a daytrader on bitcoinica! :O |
|
|
|
big dump coming up, driving price down back to low $4 or high $3.90
More depth to go to 3.9 than to 5... indicator of rallyThe manipulator is on our side, he just put up big bidwalls. |
|
|
|
It may still touch $5 before end of year. I'm shorting now, waiting for a big dump in the $4-4.15 range.
"I'm shorting now?" |
|
|
|
if the media picks up the story it could be a huge rally, watch out the numbers on google trends
"The story?" Is there a story I don't know about? |
|
|
|
liquidated at a nice profit
you were short so how's that? hahahaha.. nailed |
|
|
|
|
We're seeing some interesting price action today that could possibly mean another giant spike. Watch out! The trend is resuming today... if it hits $4.3 we will go up like a rocket again.
|
|
|
|
|
it's accelerating.... 422 viewers at mtgoxlive.
|
|
|
|
|
Bidwalls are going up now... watch out.
edit :HOLY SHIT!!!!
|
|
|
|
I'm going to tentatively say that we might see something interesting at 8 PM EST. Don't be disappointed if this doesn't play out the way I expect it to, but something might happen.
What makes you think that?  That's the time when we reach 4.3-4.35, assuming parabolic movement  Of course, the time window is 8PM - midnight. 4.3 - 4.35 is a crucial resistance level, and if we break it, something WILL happen. edit: oh man something is already happening. Look at mtgoxlive... no spike, but plenty of buying volume. |
|
|
|
|
I'm going to tentatively say that we might see something interesting at 8 PM EST. Don't be disappointed if this doesn't play out the way I expect it to, but something might happen.
|
|
|
|
ugh... i've got UHF -> 5 pages -> Alvarezsauridae. This is hard  |
|
|
|
ok, thanks, hopefully he sees this soon.
zer0 just told me that he will attempt to use the private key with Electrum and send our money tonight. |
|
|
|
|
Show Posts
