We might have hit the bottom

[ffernandex]

Hey guys,

A slight divergency between the price action and mac-d may indicate that the current correction is near its bottom. Closing above the 24hr simple average (around 75 in this chart) may confirm this end of the correction.


windows 7 screen shot

[ElectricMucus]

Its not over until there aren't lower lows.

[beckspace]

Its not over until there aren't lower lows.

First lesson you learn in Wall Street:

"You don't buy new lows, you don't sell new highs"

Nick Colas

[meangreen]

people are still buying. when there is blood in the streets then we have hit bottom. more pain to follow imo.

[ElectricMucus]

Its not over until there aren't lower lows.

First lesson you learn in Wall Street:

"You don't buy new lows, you don't sell new highs"

Nick Colas

This isn't wall street, its a cargo cult.

[BitcoinAshley]

First lesson you learn in Wall Street:

"You don't buy new lows, you don't sell new highs"

Nick Colas

This isn't wall street, its a cargo cult.

It's the evil capitalist 1%er early adopters hoarding and speculating massive amounts of coins, manipulating the market for profit, they don't care about bitcoin at all, they don't spend any, you can't actually spend bitcoins on anything, they are useless, no merchants or services accept them, this evil 1% capitalist manipulators screw over the 99%, the newcomers, the honest people, who actually care about bitcoin succeeding, who actually care about it being used as a currency. In fact, bitcoin can't be used as a currency until it's like $5 a piece, because then when all are mined, there'd only be around $120 million in circulation, and that's plenty of value to run a functioning economy. So we need to get rid of the evil 1% early adopters hoarders speculators wall-st wannabes and keep the 99% honest consumers spenders people who care about bitcoin, it's not a completely fabricated dichomoty, it's the truth, so
DID I GET IT ALL RIGHT?  Good, good, now go clean the bugs out of your dreads and keep talking about how corrupt the early adopters and hoarders are and anyone with more than $5,000 invested in bitcoins is a bad person and doesn't use bitcoins for anything but hoarding and speculating. 

*sigh* Man, I love trolling the occupy wall st. bears

[wtfvanity]

Hey guys,

A slight divergency between the price action and mac-d may indicate that the current correction is near its bottom. Closing above the 24hr simple average (around 75 in this chart) may confirm this end of the correction.


windows 7 screen shot

Sure was nice to pick up a few more coins in the low $50's. I day dream of cheaper than that but I'll take what I can get. If any bears want to sell them for $50 or less I'm buying

[ElectricMucus]

Not rally, the price of bitcoin is irrelevant to the fact.

For me personally the more money there is in it and the more predictable the better. Doing great so far.

[ffernandex]

So far, so good!


screengrab

[antimattercrusader]

First lesson you learn in Wall Street:

"You don't buy new lows, you don't sell new highs"

Nick Colas

This isn't wall street, its a cargo cult.

It's the evil capitalist 1%er early adopters hoarding and speculating massive amounts of coins, manipulating the market for profit, they don't care about bitcoin at all, they don't spend any, you can't actually spend bitcoins on anything, they are useless, no merchants or services accept them, this evil 1% capitalist manipulators screw over the 99%, the newcomers, the honest people, who actually care about bitcoin succeeding, who actually care about it being used as a currency. In fact, bitcoin can't be used as a currency until it's like $5 a piece, because then when all are mined, there'd only be around $120 million in circulation, and that's plenty of value to run a functioning economy. So we need to get rid of the evil 1% early adopters hoarders speculators wall-st wannabes and keep the 99% honest consumers spenders people who care about bitcoin, it's not a completely fabricated dichomoty, it's the truth, so
DID I GET IT ALL RIGHT?  Good, good, now go clean the bugs out of your dreads and keep talking about how corrupt the early adopters and hoarders are and anyone with more than $5,000 invested in bitcoins is a bad person and doesn't use bitcoins for anything but hoarding and speculating. 

*sigh* Man, I love trolling the occupy wall st. bears

 

[ffernandex]

keeps looking good!


imageshackus