Yet another analyst :)

[XXthetimeisnowXX]

If we break $110, I will eat my feet.

Good short position here in my opinion.

ummm, I all ready thought you said that about it crossing 100. or was that your hat?

something along the lines that bitcoin would never be in triple digits again and if it does then it CERTAINLY will NOT be anytime this year. and that you would eat your hat, or you would bet your house on it or something to that nature. maybe you should post that video of you and your feet for all those fetish freaks. but a promise is a promise so start washing and stretching

[notme]

If we break $110, I will eat my feet.

Good short position here in my opinion.

ummm, I all ready thought you said that about it crossing 100. or was that your hat?

something along the lines that bitcoin would never be in triple digits again and if it does then it CERTAINLY will NOT be anytime this year. and that you would eat your hat, or you would bet your house on it or something to that nature. maybe you should post that video of you and your feet for all those fetish freaks. but a promise is a promise so start washing and stretching

I couldn't find that in his post history going back clear to April, so you are likely making shit up.  However, I did find this:

Yep, but it looks like it will take longer. A bottom by mid August seem unlikely and very optimistic.

Woops! Yes, I completely agree. Extrapolated onto the wrong chart

This puts us at a bottom around $30 in November, later this year (which I think is definitely plausible), and $100 again by next July...

Here we go (edited previous comment):

He was only off by a year .

[XXthetimeisnowXX]

If we break $110, I will eat my feet.

Good short position here in my opinion.

eat that foot!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! both of them! stick it in your mouth and STFU!!!!!!!!!!! hahahahahahahahahahahah

[lucif]

Hey, easy man. In this topic only me can fuck off someone else.

[siulynot]

Im still bullish, this thing might go up to the $130s

[thefiniteidea]

[thefiniteidea]

If we break $110, I will eat my feet.

Good short position here in my opinion.

ummm, I all ready thought you said that about it crossing 100. or was that your hat?

something along the lines that bitcoin would never be in triple digits again and if it does then it CERTAINLY will NOT be anytime this year. and that you would eat your hat, or you would bet your house on it or something to that nature. maybe you should post that video of you and your feet for all those fetish freaks. but a promise is a promise so start washing and stretching

You're confusing me with someone else.

[Rampion]

Technical analysis is pretty much pointless other than for fun in such a tny market as BTC.

Still, I really don't get how you could base trading decisions on bullish or bearish counts especially in a moment like this, in which the exchange rate is tremendously distorted by the fact that is impossible to withdraw USD from Gox. MtgoxUSD only use now is to buy more BTC. Each day that passes without Gox pulling his shit together, makes mtgoxUSD to be worth less and mtgoxBTC to be worth more.

Given the amount of coins that are leaving Gox, I'm surprised the exchange rate didn't go even higher.

[oda.krell]

Technical analysis is pretty much pointless other than for fun in such a tny market as BTC.

Still, I really don't get how you could base trading decisions on bullish or bearish counts especially in a moment like this, in which the exchange rate is tremendously distorted by the fact that is impossible to withdraw USD from Gox. MtgoxUSD only use now is to buy more BTC. Each day that passes without Gox pulling his shit together, makes mtgoxUSD to be worth less and mtgoxBTC to be worth more.

Given the amount of coins that are leaving Gox, I'm surprised the exchange rate didn't go even higher.

Didn't you just post some while ago that the whole mtgox situation is blown out of proportion, and that you had no trouble getting your (rather large) withdrawals through in a reasonable amount of time? Maybe I'm confusing things.

EDIT: apologie to lucif if this is turning into too much off-topicness for this (excellent, btw) thread.

[lucif]

SPX 1700+

[siulynot]

SPX 1700+

That is what has me bullish in btc... while spx goes up, btc should go up.

[samson]

SPX 1700+

That is what has me bullish in btc... while spx goes up, btc should go up.

It's gone down nearly $3 in the few minutes which have passed since you posted that comment.

[siulynot]

SPX 1700+

That is what has me bullish in btc... while spx goes up, btc should go up.

It's gone down nearly $3 in the few minutes which have passed since you posted that comment.

We are correcting the rise to $112... nothing out of place, it will resume rally shortly.

[Tzupy]

Interesting, until now no big dumper, unlike yesterday, when the drop was forced by repeated
dumps from 110 to 107. But if the big ones dump, those walls won't hold for long.

[siulynot]

Interesting, until now no big dumper, unlike yesterday, when the drop was forced by repeated
dumps from 110 to 107. But if the big ones dump, those walls won't hold for long.

looking at walls is not TA, it mostly will get you biting your nails and not scoring good trades.

Forget about whales, walls and "fund entering or exiting mtgox" those are not TA signals.

[Lohoris]

Technical analysis is pretty much pointless other than for fun in such a tny market as BTC.

Still, I really don't get how you could base trading decisions on bullish or bearish counts especially in a moment like this, in which the exchange rate is tremendously distorted by the fact that is impossible to withdraw USD from Gox. MtgoxUSD only use now is to buy more BTC. Each day that passes without Gox pulling his shit together, makes mtgoxUSD to be worth less and mtgoxBTC to be worth more.

Given the amount of coins that are leaving Gox, I'm surprised the exchange rate didn't go even higher.

I'm clueless as well.

A couple of days ago the spread with Bitstamp was 10$ and I thought it was still way too small, and now it's even shrinked back to 7-8$...

How can people still trust mtgox is beyond me.
Or, well, actually it's blind greed.
Greed makes wonders.

[Rampion]

Technical analysis is pretty much pointless other than for fun in such a tny market as BTC.

Still, I really don't get how you could base trading decisions on bullish or bearish counts especially in a moment like this, in which the exchange rate is tremendously distorted by the fact that is impossible to withdraw USD from Gox. MtgoxUSD only use now is to buy more BTC. Each day that passes without Gox pulling his shit together, makes mtgoxUSD to be worth less and mtgoxBTC to be worth more.

Given the amount of coins that are leaving Gox, I'm surprised the exchange rate didn't go even higher.

Didn't you just post some while ago that the whole mtgox situation is blown out of proportion, and that you had no trouble getting your (rather large) withdrawals through in a reasonable amount of time? Maybe I'm confusing things.

EDIT: apologie to lucif if this is turning into too much off-topicness for this (excellent, btw) thread.

That's true indeed, but that was at the beginning of June, before all the hiatus situation.

IMO Gox is honest and they will pull their shit together, but the fact is many people believe they will not be able to withdraw their USD, and that is distorting the price.

[myself]

just wait until a new panic sell start and you see how ppl will love to be FIRST on the line to exchange their bitcoin for USD on mtgox

[vokain]

just wait until a new panic sell start and you see how ppl will love to be FIRST on the line to exchange their bitcoin for USD on mtgox

classic panic sellers panicking

[lucif]

Update. Going fine so far.

So since there was no breakout of triangle, and since triangle continues and I don't know whether its bullish or bearish... I introduce my new count candidate - ping/pong triangle. Hehe. That is something new in trading.