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BlackSpidy
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July 14, 2015, 02:07:09 AM |
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I'm very satisfied with the leaps and bounds bitcoin has done in the last 3 months. April 12th, we saw the price dip below $220. In three months, we won't see it dip below $380.
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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spike420211
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July 14, 2015, 02:36:52 AM |
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So, I'm watching Cramer on CNBC this evening. http://dealbreaker.com/uploads/2014/12/52-430x323.jpegAnd what's he pulling for? >Hardcore Chinese economic recovery [after he called em communists, LOL]
>Iran arms deal to open up Iran marketsSRSLY? Dude has went off the fuggin' deep end. STICK WITH BITCOIN.Note: last Friday, CNBC was near suicidal over Greece. What did Jim recommend? Fuggin' BIOTECH AND HEALTH INSURANCE STOCKS. JFC. STICK WITH BITCOIN. |
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wlefever
Legendary
 Offline
Activity: 1173
Merit: 1001
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July 14, 2015, 02:55:46 AM |
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So, I'm watching Cramer on CNBC this evening. http://dealbreaker.com/uploads/2014/12/52-430x323.jpegAnd what's he pulling for? >Hardcore Chinese economic recovery [after he called em communists, LOL]
>Iran arms deal to open up Iran marketsSRSLY? Dude has went off the fuggin' deep end. STICK WITH BITCOIN.Note: last Friday, CNBC was near suicidal over Greece. What did Jim recommend? Fuggin' BIOTECH AND HEALTH INSURANCE STOCKS. JFC. STICK WITH BITCOIN.That dudes a clown. Take what he says with a grain of salt. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2015, 03:02:11 AM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2015, 04:01:35 AM |
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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July 14, 2015, 04:01:39 AM |
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That whale that stacked the ask side of the finexs orderbook to 18k hasn't gone anywhere, so there's at least that bitcoin must overcomeovercomb
Keep the dream alive.  Stupid, but I had a physical laugh. |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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July 14, 2015, 04:18:06 AM |
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Congratulations to everyone who took the following advice last night: BREAKING NEWS: Deal has been reached with greece, sell everything now.
Nice call esse, nearly what? 10? 15 minutes lead on that move? I regret going to sleep early last night. It seems I missed most of the fun. I'm still long, and will remain long until over or around 5k, but I do have a few coins that I don't mind splashing around when opportunity presents a chance. Alas, I missed out on this one.  Overall pressure still seems to be building towards the bullish side. I would prefer a more decisive retracement back to 220 and stay within the 200-300 channel for several more months, (as low as possible for as long as possible after all) but it seems the bullish momentum has us now firmly in its grip. "Exciting time in the world right now. Exciting time." - Mr. Robot |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2015, 05:01:32 AM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2015, 06:01:48 AM |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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July 14, 2015, 06:07:23 AM |
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bassclef
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July 14, 2015, 06:10:07 AM |
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The setup didn't pan out as I had hoped but I'm still holding the position. I think LTC will probably follow BTC during the upcoming bull market (as it did in 2013) so it will pay to have strategic positions in each. One should be cautious playing with LTC as it's a smaller market and therefore more volatile and prone to slippage.
The recent rally in BTC is fundamentally different than those that came before it in that it jumped the resistance between $260-80 very decisively and quickly on strong volume, with a large jump in price in a very short time (compare the length of the big 3d green candle to previous ones).
After a long, excruciating trading range where price has held resilience and various informed interests have taken position, this is a huge sign of strength and an indication that the market is ready to move up and begin to correct and recapture some of the lost gains from the year long bear market.
Well, you might still be right about LTC, though I'm on the sidelines there until I can see something I can hook into. Can't really get a feel which way it's going right now. Regarding BTC, I'm bullish. What keeps me up at night is whether the initial LTC run to $8 was just the first leg in a larger trend or not. If that happens and the bull market gets roaring I wouldn't be surprised to see LTC mirroring some of BTC's early gains. ----- Just remember that it's supply and demand that controls larger market cycles and not much else. Once the available supply runs low and begins to stall the downtrend, it is a signal for savvy investors to accumulate quietly, keeping the price low. Once it's gone, the price moves up easily as there's nothing to stand in the way (it has been absorbed). On Wall Street there are hedge funds, pension funds, insurance companies and other trading syndicates that actively plan and meticulously carry out campaigns to accumulate and distribute stock. They will not inform the general investing public of their plans until the bull market is well underway and they are looking to sell. Then the stock is "hot" and all of their useful idiot friends in the media will gladly help them find buyers. The fat cats in charge of large swaths of wealth did not get rich by trading a $10,000 Forex starter account--they are aligned with syndicates and deploy said wealth very strategic ways in order to corner markets and move supply and demand in their favor. Who knows who has been actively accumulating Bitcoin, but they are there. Bullwhale and his fat sack of coins he likes padding the orderbooks with is just one example. If they have invested time and money into this venture, it's feasible to think they would plan to sell at higher prices than $300. |
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Mayer Amschel
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July 14, 2015, 06:44:13 AM |
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Well here we go to the 250s again.... short in guys cmon dont be stupid!
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2015, 07:01:38 AM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2015, 08:01:33 AM |
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HarHarHar9965
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July 14, 2015, 08:31:15 AM |
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Well here we go to the 250s again.... short in guys cmon dont be stupid!
Its 289$ today, and it will go down a much more. Actually I want it to go down much more so I can put more of my money in btc at much more affordable price  After 3 months, the btc price is going to shoot real high and you don't want to miss that train man. I have been waiting for this from a long time and I have my patience game strong at the moment haha |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 14, 2015, 09:01:34 AM |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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July 14, 2015, 09:25:48 AM |
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What is the reason to think the Greek Parliament will pass the reforms? and if they can't get the votes?
Nothing is over.
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Brewins
Legendary
Offline
Activity: 1120
Merit: 1000
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July 14, 2015, 09:33:13 AM |
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What is the reason to think the Greek Parliament will pass the reforms? and if they can't get the votes?
Nothing is over.
that is the reason why we are at 290 right now, and not at 220 again. |
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findftp
Legendary
Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
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July 14, 2015, 09:34:08 AM |
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.... the old fiat usd will be exchanged for the new currency and our bitcoins will be revalued in the new metals backed currency.
Nobody is going to revalue bitcoin other than 'we', the market. There is a world outside the US. We are already revaluing bitcoin every day and the inevitable scenario is already priced in partially. The revaluation will happen, but again, we (and newcomers) will be the ones who will revalue bitcoin. Spoiler alert: the price will moon. |
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