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finway
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January 21, 2012, 11:52:30 AM |
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Oh no, your clients are selling  |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Bro
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January 21, 2012, 11:53:39 AM |
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panic buy when I saw the charts  |
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Timbo925
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January 21, 2012, 12:28:01 PM |
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Don't now what the update was about. But seems you spotted the drop.  |
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Bro
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January 21, 2012, 12:35:58 PM |
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Oh no, your clients are selling exactly |
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 21, 2012, 12:39:24 PM |
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Oh no, your clients are selling exactly Too bad for them. |
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teflone
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January 21, 2012, 05:10:03 PM |
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What was the update? did call for a sell or buy ? |
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teflone
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January 21, 2012, 05:15:56 PM |
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What was the update? did call for a sell or buy ? If it broke(under) 6.3 then 6 would be tested and maybe lower... however I think I got the email after 6.3 was broken... I bought a damned phone so I can get these messages and still missed it, lulz. weak call...geezzz |
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gewure
Sr. Member
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Activity: 364
Merit: 250
[#][#][#]
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January 21, 2012, 05:17:00 PM |
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and now.. what?!
are you bitcoinica-bulls already that fucking levered up so that i see * all the time?!
if yes: i see 5.5 incomming. and pain.
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gewure
Sr. Member
Offline
Activity: 364
Merit: 250
[#][#][#]
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January 21, 2012, 05:25:59 PM |
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.. pain happens, when the price goes down, but everybody on bitcoinica speculated on a correction-reversal and is tilt-leveraged: mass-bull-zhoutonging-action
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teflone
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January 21, 2012, 05:39:21 PM |
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Watch this guys, wait till people with money (manipulator) catches wind of the update to subscribers..  |
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gewure
Sr. Member
Offline
Activity: 364
Merit: 250
[#][#][#]
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January 21, 2012, 05:40:40 PM |
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i did the same - only that i took home my profit about one hour ago, cause it looks very uncertain at the moment. can'T say if it rises, drops or stays.
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teflone
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January 21, 2012, 05:46:04 PM |
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All aboard, last stop till Koo Koo street tonight! |
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StewartJ
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January 21, 2012, 07:17:24 PM |
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Is it just me, or does the price momentum feel very uncertain at this time?
Feeling very neutral.
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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January 21, 2012, 07:46:33 PM |
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I give it 3-4 days 'til liftoff.
given the title of this thread, I'm assuming you're basing this on technicals? EDIT: my thoughts: currenlty 2 things might make a difference to the upside: - possible influx from goodwife episode
- bitcoinica USD reserves becoming available (however that would work)
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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StewartJ
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January 21, 2012, 08:30:54 PM
Last edit: January 21, 2012, 08:42:02 PM by StewartJ |
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I give it 3-4 days 'til liftoff.
given the title of this thread, I'm assuming you're basing this on technicals? EDIT: my thoughts: currenlty 2 things might make a difference to the upside: - possible influx from goodwife episode
- bitcoinica USD reserves becoming available (however that would work)
I am a technical indicator. Is the OBV one of the main indicators for you? I like those OBV charts you post, if I could only interpret what they mean  |
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StewartJ
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January 21, 2012, 09:37:08 PM |
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I give it 3-4 days 'til liftoff.
given the title of this thread, I'm assuming you're basing this on technicals? EDIT: my thoughts: currenlty 2 things might make a difference to the upside: - possible influx from goodwife episode
- bitcoinica USD reserves becoming available (however that would work)
I am a technical indicator. Is the OBV one of the main one indicators for you? I like those OBV charts you post, if I could only interpret what they mean Not to derail this thread... I'll go over there and post a bit more explanation. Thanks, saw the explanation. I think I understand now. |
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S3052 (OP)
Legendary
Offline
Activity: 2100
Merit: 1000
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January 22, 2012, 05:58:41 PM |
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At one point, a next rally leg will most likely come, and it should be very strong.
But until 7.22 $ is cleared to the upside, there remains a neutral trading range down to 4.64 $. This means that there remains a risk for another short term sell off, before the mid term up trend continues.
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bittenbob
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January 22, 2012, 06:01:35 PM |
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At one point, a next rally leg will most likely come, and it should be very strong.
But until 7.22 $ is cleared to the upside, there remains a neutral trading range down to 4.64 $. This means that there remains a risk for another short term sell off, before the mid term up trend continues.
I think the asterisk on bitcoinica means that we will be headed down before we can head up. I am beginning to think that his business model only works in a declining market which is why we have seen so many problems when the price rose. The only thing people can do at the moment is short so this is causing a lot of downward pressure at the moment. What is your take of bitcoinicas effect on the market? |
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pent
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January 22, 2012, 06:29:43 PM |
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Personally I am not bullish temporary with this monthly chart  |
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bittenbob
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January 22, 2012, 06:32:17 PM |
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Personally I am not bullish temporary with this monthly chart There seems to be somewhat of an ascending triangle forming from that graph which is usually a bullish indicator. I am cautiously optimistic for the mid term at this point. |
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Poll
