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YogoH
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May 27, 2014, 08:08:41 AM |
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Its fine. Moving bitcoins from large weak hand to smaller stronger hands.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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akujin
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May 27, 2014, 08:10:41 AM |
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ShroomsKit
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May 27, 2014, 08:12:36 AM |
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Its fine. Moving bitcoins from large weak hand to smaller stronger hands.
Let's stop with this myth. People have been saying this since day 1. If this was true there wouldn't be any weak hands anymore. Weak hands are selling to other weak hands. This will never change. There will always be weak hands. |
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YogoH
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May 27, 2014, 08:16:45 AM |
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Its fine. Moving bitcoins from large weak hand to smaller stronger hands.
Let's stop with this myth. People have been saying this since day 1. If this was true there wouldn't be any weak hands anymore. Weak hands are selling to other weak hands. This will never change. There will always be weak hands. There will always be weak hands. But if they are buying now, when someone else is selling, then they are obviously strongER hands. |
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Cassius
Legendary
 Offline
Activity: 1764
Merit: 1031
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May 27, 2014, 08:21:46 AM |
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540 retest required?
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ShroomsKit
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May 27, 2014, 08:23:09 AM |
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540 retest required?
Required for what? |
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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May 27, 2014, 08:24:11 AM |
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540 retest required?
Required for what? Required to hit a new and bigger ATH! |
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SFHere
Newbie
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Activity: 59
Merit: 0
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May 27, 2014, 08:24:45 AM |
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Be here See sudden drop begin to think willy jr. is fully operational  |
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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May 27, 2014, 08:24:52 AM
Last edit: May 27, 2014, 08:38:25 AM by dnaleor |
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And we have a new trend channel   If this channel will not fail, we will hit 1000 USD again between june 17 and 23. We will see if this rapid rising exchange rate will continue, but in Bitcoin, nothing is impossible  |
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akujin
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May 27, 2014, 08:27:40 AM |
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ShroomsKit
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May 27, 2014, 08:30:57 AM |
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540 retest required?
Required for what? Required to hit a new and bigger ATH! Why would we need to go to 540 to go higher? |
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Cassius
Legendary
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Activity: 1764
Merit: 1031
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May 27, 2014, 08:31:35 AM |
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540 retest required?
Required for what? Going up. Conventional TA I think. |
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jl2012
Legendary
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Activity: 1792
Merit: 1093
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May 27, 2014, 08:32:42 AM |
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And we have a new trend channel If this channel will not fail, we will hit 1000 USD again bwentween june 17 and 23. We will see if this rapid rising exchange rate will continue, but in Bitcoin, nothing is impossible This channel is growing too fast. I guess it will be broken today. |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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May 27, 2014, 08:33:32 AM |
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And we have a new trend channel If this channel will not fail, we will hit 1000 USD again bwentween june 17 and 23. We will see if this rapid rising exchange rate will continue, but in Bitcoin, nothing is impossible I don't see why not |
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ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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May 27, 2014, 08:35:03 AM |
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The bull markets make me more nervous than the bear ones even though I'm a hodler. If we carry on like we have been, it'll be ATH in about 2 weeks. That's MENTAL.
I would give us less than a 2% chance of an ATH in 2 weeks. I would gladly be wrong though. What I like about this latest surge is that it is growing incrementally, and then flattening out for a bit before going up some more. When it shoots straight up, it usually corrects right back down a decent amount. Very true. That is a much healthier thing to witness. Though it always loses its shit eventually and jumps like 40% in a day I remember the first time we hit 900 (think it was 700 actually), I was a wreck! edit: Anyone remember that 10k wall immediately after we passed 266 last Nov? I still wanna know why someone would do that? still don't understand why someone would do that, though. Historically once ATH has been broken, several 100% of gains followed before a correction. |
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Cassius
Legendary
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Activity: 1764
Merit: 1031
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May 27, 2014, 08:37:29 AM |
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I don't think we're going lower then this tbh
headed to 630 in a couple days
540 retest was question for discussion. Thoughts for/against? |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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May 27, 2014, 08:41:44 AM |
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I don't think we're going lower then this tbh
headed to 630 in a couple days
540 retest was question for discussion. Thoughts for/against? Well, I thought we were heading a bit lower then 570 on this dump but looks like we aren't and my guess is we will consolidate here and move up later I posted a few days ago that we were not gonna break $600 without a downside first, simply because we've been moving too fucking fast these last days(very bullish i believe though). edit:On second thought, this fast upwards movement could also be because of a longer bearmarket compared to the 2013 bearmarket TLDR: pack your spacesuits for this summer |
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lemonte
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May 27, 2014, 08:42:01 AM |
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Woke up with a sell order having gone through on Kraken, not buying back in until I see a few green candles on the hour views to be safe.
Any reason people dumped, aside from it being a correction as we've gone up too fast?
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chessnut
Legendary
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Activity: 924
Merit: 1001
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May 27, 2014, 08:42:06 AM |
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many of the coins that were bought in this run are probably no longer subject to panic selling, as whales withdraw for long term holding.
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magicmexican
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May 27, 2014, 08:43:43 AM |
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everything is going down except Ripple, perfect time to load up on ripples
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Poll
