bitcoinBull
Legendary
Offline
Activity: 826
Merit: 1001
rippleFanatic
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 02:08:16 AM |
|
tell me more about this deep bull trend. hint: indicators give you insight as to how 'deep' it really is. i saw the rally losing steam before the price tested the bottom support. it's finally broken through. good luck bulls. That chart starts at $20, and its linear. This rally started at least as far back as $14! And use log scale, we're still in the channel..
|
College of Bucking Bulls Knowledge
|
|
|
arepo
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 448
Merit: 250
this statement is false
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 02:20:54 AM |
|
tell me more about this deep bull trend. hint: indicators give you insight as to how 'deep' it really is. i saw the rally losing steam before the price tested the bottom support. it's finally broken through. good luck bulls. That chart starts at $20, and its linear. This rally started at least as far back as $14! And use log scale, we're still in the channel.. so your channel is better than my channel? these lines are arbitrary [read: not scale-invariant]. my chart simply shows that short-term momentum is sagging and we are now consolidating. edit: also, look closer, it's actually a log chart. you really know what you're doing. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
|
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
|
|
|
bitcoinBull
Legendary
Offline
Activity: 826
Merit: 1001
rippleFanatic
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 03:01:57 AM |
|
tell me more about this deep bull trend. hint: indicators give you insight as to how 'deep' it really is. i saw the rally losing steam before the price tested the bottom support. it's finally broken through. good luck bulls. That chart starts at $20, and its linear. This rally started at least as far back as $14! And use log scale, we're still in the channel.. so your channel is better than my channel? these lines are arbitrary [read: not scale-invariant]. my chart simply shows that short-term momentum is sagging and we are now consolidating. edit: also, look closer, it's actually a log chart. you really know what you're doing. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Ah, you're right, it is a log chart. And so what if short-term momentum is sagging/consolidating around $30-$32. We saw the same thing around $20-$22, which your channel conveniently excludes. Your channel is biased, it already broke below around $27. You can draw a triangle there too and then see how it continued upward.
|
College of Bucking Bulls Knowledge
|
|
|
arepo
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 448
Merit: 250
this statement is false
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 03:35:28 AM |
|
your response is ignoring entirely the context of my post. first, channels are not definitive. it 'tested' the support at $27, but recovered quickly, unlike his time around. second, i'm not saying that there won't be an upside breakout of this particular triangle consolidation. no one can predict price movements with 100% accuracy. now, let's look at the context: lol. Bears still have shitty arguments! Bears simply have nothing other than "yo this is a bubble because it was a bubble bubble bubblespeak bubble." Maxing out technical indicators means jack shit in a deep bull trend, which Bitcoin is undergoing.
tell me more about this deep bull trend. hint: indicators give you insight as to how 'deep' it really is. i saw the rally losing steam before the price tested the bottom support. it's finally broken through. good luck bulls. the indicators are still saying reversal territory. you can follow along in my analysis thread here. i actually predicted the first testing of the support i outlined above in that very thread, and the 'deep bull trend' which has been going on since $14 is clearly losing steam. i was pointing out to humanitee that indicators are important, and helped predict the weakening of the trend, which leaves it vulnerable to the coming correction of this large price movement. in other words, he claimed all is well in the rally, so my indicators are worthless. i countered with a chart demonstrating how the price momentum is falling off in the short-term. if in the mid-term (uninterrupted rally from $14 to $30) we are aching for a correction, then when price falters in the short-term it is a significant risk.
|
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
|
|
|
PetrovMichael
Newbie
Offline
Activity: 34
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 05:43:47 AM |
|
think of all the people sitting on stacks of 10k bitcoins ... have no reason to sell, for what ? have other incomes too ...
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 07:59:51 AM |
|
lol. Bears still have shitty arguments! Bears simply have nothing other than "yo this is a bubble because it was a bubble bubble bubblespeak bubble." Maxing out technical indicators means jack shit in a deep bull trend, which Bitcoin is undergoing. I became even more bullish when I saw cypher was getting avalon s ( ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ). tell me more about this deep bull trend. How did you come up with that lower channel line? It has 0 touchpoints.
|
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 12:31:22 PM |
|
Alright, back from the weekend and ready to watch the correction intensify.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 01:44:13 PM |
|
Alright, back from the weekend and ready to watch the correction intensify.
Yes, the correction is surely coming, since none of my friends anymore has bitcoins, and we want to buy more.
|
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
|
|
|
waspoza
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 02:35:13 PM |
|
Alright, back from the weekend and ready to watch the correction intensify.
Welcome back. I have important question. Did we seen top for this year?
|
|
|
|
lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 02:43:09 PM |
|
Alright, back from the weekend and ready to watch the correction intensify.
Thank you for the rocket confirmation, lol
|
Bro, do you even blockchain? -E Voorhees
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 04:16:13 PM |
|
Alright, back from the weekend and ready to watch the correction intensify.
Welcome back. I have important question. Did we seen top for this year? Probably. Hard to imagine buying past the recent 2013 high. We're very likely in correction territory. Probably just need one more large player to made the change definitive, and then we'll see the herd race each other to the door. We could still very easily see single digits as downward momentum builds.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 04:37:53 PM |
|
we will only see single digits once bitcoin is officially split into satoshis.
|
i am satoshi
|
|
|
twolifeinexile
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 04:48:03 PM |
|
Alright, back from the weekend and ready to watch the correction intensify.
Welcome back. I have important question. Did we seen top for this year? Probably. Hard to imagine buying past the recent 2013 high. We're very likely in correction territory. Probably just need one more large player to made the change definitive, and then we'll see the herd race each other to the door. We could still very easily see single digits as downward momentum builds. Maybe people are reluctant to buy over this new high, but why do they need to race each other to the door? Yes, there may be some people in that catogory, but at this stage bitcoin only represent a small portion of most people's asset and they probably have a lot patient than you thought.
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2534
Merit: 2244
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 05:13:46 PM |
|
Watching that downward momentum build and build...
|
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
|
cheat_2_win
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 05:16:01 PM |
|
Watching that downward momentum build and build...
Where??
|
|
|
|
Luno
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 05:22:10 PM |
|
Above silver and below an all time high. The perfect place to stay for a while attracting attention.
I'm also extremely short, hoping for a flash dump.
|
|
|
|
humanitee
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 06:01:49 PM |
|
your response is ignoring entirely the context of my post. first, channels are not definitive. it 'tested' the support at $27, but recovered quickly, unlike his time around. second, i'm not saying that there won't be an upside breakout of this particular triangle consolidation. no one can predict price movements with 100% accuracy. now, let's look at the context: lol. Bears still have shitty arguments! Bears simply have nothing other than "yo this is a bubble because it was a bubble bubble bubblespeak bubble." Maxing out technical indicators means jack shit in a deep bull trend, which Bitcoin is undergoing.
tell me more about this deep bull trend. hint: indicators give you insight as to how 'deep' it really is. i saw the rally losing steam before the price tested the bottom support. it's finally broken through. good luck bulls. the indicators are still saying reversal territory. you can follow along in my analysis thread here. i actually predicted the first testing of the support i outlined above in that very thread, and the 'deep bull trend' which has been going on since $14 is clearly losing steam. i was pointing out to humanitee that indicators are important, and helped predict the weakening of the trend, which leaves it vulnerable to the coming correction of this large price movement. in other words, he claimed all is well in the rally, so my indicators are worthless. i countered with a chart demonstrating how the price momentum is falling off in the short-term. if in the mid-term (uninterrupted rally from $14 to $30) we are aching for a correction, then when price falters in the short-term it is a significant risk. I have been busy and hadn't noticed you responded. Time will prove one of us right! I've been talking to a lot of people about Bitcoin lately (more so than in the past) and they are loving the concept. Hopefully we have more than just one Bitcoin evangelist. Have a good day.
|
| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
|
|
| Whitepaper Medium Reddit
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2534
Merit: 2244
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 06:06:32 PM |
|
Watching that downward momentum build and build...
Where?? Irony, possibly sarcasm.
|
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 06:11:35 PM |
|
But once we build a huge downward momentum, somebody comes in, buys 20 BTC and the rally reignites! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
i am satoshi
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 25, 2013, 06:57:43 PM |
|
But once we build a huge downward momentum, somebody comes in, buys 20 BTC and the rally reignites! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The fact that there are so many people hoping for a downturn or a bubble burst so that they can buy Bitcoin cheaper means that there would not be a very big downturn. When the price went down to $4/BTC a lot of it was from people making money on Bitcoinica shorting to make money. At that point, people were hoping the price would go up so that they could short more. Plus there were so many hacks that sentiment was not very healthy on Bitcoin making it at all. I would expect lower prices if shorting were popular again. But Bitcoin has also proven itself fairly well in the past 6 months or so.
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
|