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Author Topic: Yet another analyst :)  (Read 269526 times)
niothor
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June 09, 2013, 06:30:12 PM
 #2301


You do not believe that Bitcoin will be propped up by an influx of cash after financial meltdown? Much like Cypress?

Not again please......

What? Rational argument beats Bear?

Get the name of the country right before talking about it!


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June 09, 2013, 06:36:54 PM
 #2302

Get the name of the country right before talking about it!

Cyprus then. Now, please tell me why Bitcoin value will go down when fiat currency goes down? I'm genuinely interested.

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niothor
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June 09, 2013, 06:50:22 PM
 #2303

Get the name of the country right before talking about it!

Cyprus then. Now, please tell me why Bitcoin value will go down when fiat currency goes down? I'm genuinely interested.

I'm not!
My remark was about the amount of people who know so well the implication and consequences of the  Cypress crisis , but can't get the name right.


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Jozzaboy
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June 09, 2013, 07:00:50 PM
 #2304

Get the name of the country right before talking about it!

Cyprus then. Now, please tell me why Bitcoin value will go down when fiat currency goes down? I'm genuinely interested.

I'm not!
My remark was about the amount of people who know so well the implication and consequences of the  Cypress crisis , but can't get the name right.
'

Why so offended? Are you a native Cipressenianperson?

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I also accept precious metals, no paper money please.
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June 09, 2013, 07:06:14 PM
 #2305

I have a feeling that we're entering a time where bears are going to be greatly rewarded. Not just in Bitcoin but across the entire breadth of financial markets. I expect nothing less than an epic crash in stocks, bonds, and commodities once the dangerously overinflated QE bubble really pops. I think this process may have already begun, albiet these things take time

In the meantime, I especially love how many users are so "confused" by bear markets - they think there must be a fundamental change, like "omg the price fell what's going on what changed?" nothing changed, bitcoin is the same, it's just the psychology around bitcoin that is changing... When the price exploded, people noticed that and rationalized it (cypris, etc.), and now that the price is falling they will find a way to rationalize that too.

Anyhoo, very interesting times indeed!

you are soooo right.

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June 09, 2013, 07:08:37 PM
 #2306

The Great Dollar Extraction is upon us.
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June 12, 2013, 07:50:34 AM
 #2307

Updated. Closing short buy at 90.



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June 12, 2013, 08:03:40 AM
 #2308

Closed because of this pennant. I really dont like it

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June 12, 2013, 08:10:10 AM
 #2309

Closed what?

The shorts you were closing at $90?
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June 12, 2013, 08:15:42 AM
 #2310

Closed what?

The shorts you were closing at $90?

Short buy 50% @$90

hehe
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June 12, 2013, 08:17:20 AM
 #2311

Closed because of this pennant. I really dont like it



And look at that decreasing volume. Well, cheap coins ahead.

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June 12, 2013, 08:18:22 AM
 #2312

Closed what?

The shorts you were closing at $90?

Short buy 50% @$90

hehe

Ah, misread, my apologies.
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June 12, 2013, 02:51:39 PM
 #2313

This is big - going to put a vice grip on the overly indebted US economy:

http://dealbook.nytimes.com/2013/06/11/in-a-shift-interest-rates-are-rising/?ref=economy
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June 12, 2013, 04:10:42 PM
Last edit: June 12, 2013, 04:28:11 PM by notme
 #2314

Get the name of the country right before talking about it!

Cyprus then. Now, please tell me why Bitcoin value will go down when fiat currency goes down? I'm genuinely interested.

When world markets fall, fiat currency goes up and commodity based currencies take their turn going down.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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June 12, 2013, 04:28:00 PM
 #2315

This is big - going to put a vice grip on the overly indebted US economy:

http://dealbook.nytimes.com/2013/06/11/in-a-shift-interest-rates-are-rising/?ref=economy

Good article, thanks for sharing.

https://www.bitcoin.org/bitcoin.pdf
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June 13, 2013, 06:00:36 AM
 #2316

hourly sma200 pressing down here

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June 14, 2013, 02:34:05 AM
 #2317

http://www.marketwatch.com/story/financial-dominos-falling-one-by-one-2013-06-12?link=MW_story_popular
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June 14, 2013, 01:47:58 PM
 #2318

Set my signature for appreciation and swearing fund hehe Smiley
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June 14, 2013, 02:24:13 PM
 #2319

The give away was the increasing price on decreasing volume over 3 days. That is often a pretty tell tale sign of downward movement to come.

It was for me. But I wish I would have listened to my gut at $130...

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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June 14, 2013, 03:26:02 PM
 #2320

The give away was the increasing price on decreasing volume over 3 days. That is often a pretty tell tale sign of downward movement to come.

It was for me. But I wish I would have listened to my gut at $130...

True... I'd like to see the $100 support level turn into resistance though... Smiley

It's going to take some major selling to hold under this important psychological level, but if it does, then we might finally start to see some panic selling
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