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Author Topic: Freefall?  (Read 5037 times)
Spekulatius
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August 31, 2012, 09:05:40 PM
 #21

Am I getting lucky with my prediction?

at what price do you have buy orders?

Not placed yet, I speculate I might try and buy between $7.5 - $8.5.

+1
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notme
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August 31, 2012, 09:40:09 PM
 #22

"But taken together, the speech sounds a lot like Mr. Bernanke's closing argument in favor of more easing." http://online.wsj.com/article/SB10000872396390443864204577623220212805132.html

They'll have to do it eventually, especially since the crash that would follow the already 60% priced in easing but that wouldn't come would be of epic proportions and they can't afford to let that happen. They rather destroy the dollar, I'm certain of it. Either way it's the end of their system.

Except all the fed's "assets" are long term treasuries, and if they don't prop that they will be fucked.  There won't be anything left for the stock market.

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jojo69
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August 31, 2012, 09:43:21 PM
 #23

yes, they have rather painted themselves in to a corner haven't they

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
hazek
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August 31, 2012, 09:47:37 PM
 #24

We Austrian economists always said that that's where their actions will ultimately put them - in a nasty catch 22.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

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jojo69
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August 31, 2012, 09:51:23 PM
 #25

http://www.youtube.com/watch?v=d0nERTFo-Sk

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
Sitarow
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August 31, 2012, 11:09:32 PM
 #26

Full moon tonight.

MST 7:26 sunsets.
lebing
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August 31, 2012, 11:15:44 PM
 #27

Am I getting lucky with my prediction?

at what price do you have buy orders?

Not placed yet, I speculate I might try and buy between $7.5 - $8.5.

+1

Someone pretty large doesnt think its going that low.

Bro, do you even blockchain?
-E Voorhees
hazek
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September 01, 2012, 01:10:03 AM
 #28

Am I getting lucky with my prediction?

at what price do you have buy orders?

Not placed yet, I speculate I might try and buy between $7.5 - $8.5.

+1

Someone pretty large doesnt think its going that low.

Perhaps but I didn't buy regardless. It's just the beginning of the (in US extended) weekend and I'm still not convinced there's much potential upside in the short term.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
lucif
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September 01, 2012, 05:37:14 PM
 #29

Daily MACD is about to cross zero line downside...

the joint
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September 01, 2012, 06:01:40 PM
 #30

sigh

Federal Reserve chairman Ben Bernanke's annual remarks at Jackson Hole WY...primary driver of today's market action

Take BTC and buy gold from Coinabul.  Further stimulate the gold markets and simultaneously stimulate the Bitcoin economy.  Win/Win.
lucif
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September 02, 2012, 12:46:56 AM
 #31

Freefall started
mobodick (OP)
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September 02, 2012, 04:40:13 AM
 #32

Daily MACD is about to cross zero line downside...



The problem with MACD is it depends on how many datapoints you feed it.
Hence wether it crosses or not depends on what time resolution you see a given time period.
Also, not freefalling.
jojo69
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September 02, 2012, 06:00:30 AM
 #33

Freefall started

looks like the same floor to me so far

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
Cluster2k
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September 02, 2012, 07:57:21 AM
 #34

If speculators can get a substantial amount of bitcoins back from Pirate they may be tempted to cut their losses and exit bitcoins, especially if the only reason they bought them was to speculate on the hope of getting paid 1% per day.

If Pirate fails to pay a substantial portion of his fund then that may be good for bitcoin's price.
anthony.selby
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September 02, 2012, 06:44:10 PM
 #35

How many of those pirate people actually bought bitcoins just to take part of the pirate thing ... I would say its more likely that people already in bitcoins jumped on the pirate thing in which case I doubt the reaction of the sell off would be that much
hazek
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September 02, 2012, 07:00:24 PM
 #36

How many of those pirate people actually bought bitcoins just to take part of the pirate thing ... I would say its more likely that people already in bitcoins jumped on the pirate thing in which case I doubt the reaction of the sell off would be that much

Yeah I agree, I speculate that a sell off will come if the price for what ever reason drops a bit, especially now after everyone got spooked a bit with the latest pop of a bubble and the pirate uncertainty looming over everyone's heads.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
BIGMERVE
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September 02, 2012, 08:47:27 PM
 #37

How many of those pirate people actually bought bitcoins just to take part of the pirate thing ... I would say its more likely that people already in bitcoins jumped on the pirate thing in which case I doubt the reaction of the sell off would be that much

Yeah I agree, I speculate that a sell off will come if the price for what ever reason drops a bit, especially now after everyone got spooked a bit with the latest pop of a bubble and the pirate uncertainty looming over everyone's heads.

I dont think there's a single thread in this forum that doesn't mention Pirate.

Cablez
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September 02, 2012, 08:51:13 PM
 #38

Well that's what happens when you are such a large part of the Bitcoin market.

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