RALLY!!!

[mobodick]

is "lolthat" a new TA pattern?

Officially it's called a "lolthat !"
This has been introduced on jan 1st along with the "salivating dingo over a crooked bench" and "OMGTHECLIFFISREAL" patterns.

[naima53]

If you do not understand me - I meant what I noticed (suspected) prepared large "bull" to yesterday's purchase. And put this video. Before firing. Shooter tight press in the gun. Cow shit. Titles: "strongly pressed shit - the stronger will be shot"

[thezerg]

If you do not understand me - I meant what I noticed (suspected) prepared large "bull" to yesterday's purchase. And put this video. Before firing. Shooter tight press in the gun. Cow shit. Titles: "strongly pressed shit - the stronger will be shot"

Thx!  that totally cleared it up LOL!


BTW, you might mean "bullshit" not cow shit... other then that, you remain absolutely completely inscrutable.

[phatsphere]

I smell, some bull did try a bear trick and failed ^^

[naima53]

... completely inscrutable.

Yes, I watch the BTC for almost 2 years and I have a bit of paying subscribers. (Naima53 TA)

By the way, not bulshit because there is literally in the credits, "creates a cork out of cow dung" (dung = I found the word!  )

[arepo]

[insert token failed rocket launch gif here]

still in the same price channel, folks

[Grouver (BtcBalance)]

Its funny to see (in Google Analytics) how many people sudden check out there btcbalance account to probably check how much they get richer each mtgox price update in euros/dollars.
For me now the last 5 minutes.

+$53.186
+$24.841
+$51.345
-$38.679
-$25.201
+$50.785

[Hexadecibel]

LOVE btcbalance.net

I just got my uncle into bitcoin and making him a paper wallet and giving him a btcbalance.net account was the first thing I did.

Love the service, hope it sticks around.

[byronbb]

boom

[jojo69]

jesus

[proudhon]

WTAF?  Stop buying for a minute.

[The-Real-Link]

That's certainly making for an unexpected weekend...

Oh wait, RALLY!

[notme]

WTAF?  Stop buying for a minute.

No.

[ajk]

would be great to see some stability for the next week right around this area +-.20 would be fantastic, just about a week of stability should bring us out of the deep red of the RSI and can make another big move upward

who knows tho someone might be bored and will throw a rock into the pond so to speak and we might see some volatility your guess is as good as mine, monday - tuesday should be interesting if nothing happens by then i think we are in the green for some stability

[TraderTimm]

I use past chart action to judge extremes. The biggest plunge we've ever seen has been about $21 dollars. That was of course from the all-time highs to around the 10.00 area in 2011.

If that happened now, it would put us around $3.78 - however I think the market has become more resilient to absorbing such volume, so it would probably be around half of that, which yields $13.78, a price that doesn't really bother me.

I'd be a supporter at either one, but it is interesting to note how this could unfold. The strength so far has been quite impressive.

[jojo69]

$13.78 please

[ajk]

BTC was so volatile one year ago, maybe if you said this same thing back then i would very much believe it but I dont see what horrible thing could cause bitcoin to plummet to half its value,

unless MTGox went out of business and sold every single bitcoin they have I dont see it happening. not saying its not impossible but really what are the odds in the current state that its in and with all the moderate press its been receiving,

Hacks dont cause the price to go down why? because it doesnt change anything in the market merely dead/stacked coins changing hands, it would really need some serious serious selling power in order to get the current trend to change, Im sure as hell jumping ship as soon as it happens but right now would see 32+ being more realistic than it going to 13, at least for now,

like any good trader I do not favor one position i go with the market and ride the waves that come with it

[firefop]

I think that mtgox being seized via some government shenanigans would be the only that could seriously drop the market now... and that's simply because of the amount of active btc they control on behalf of their users.

There will be a market tank soon - as a result of asics in the wild and the difficulty adjustments... we could see as many as 6 weeks worth of block rewards being generated in couple of days. But the normal support will be largely unaffected by this effect and quickly drive the price back up.

[iBug]

SET TROLL_MODE = ON

$500 in August, here we come
https://i.imgur.com/IxwEQBc.gif

SET TROLL_MODE = OFF

[cypherdoc]

Oh my