joe 90
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December 05, 2015, 12:58:30 PM |
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So what is the general consensus on what the outcome of the scaling conference this weekend might be?
i´d say 400420  I concure. When it breaches 400 it will spike towards 430's and then we will consolidate in the 420's. Shorts ought to start closing soon...no? Shorts gonna get flushed like  Finex is 80% longs across the board  In your analogy between unblocking a toilet and shorts getting flushed the resistance at 385 is the blockage that needs ramming down the toilet with a plunger before the shorts can get flushed. How much ramming do you think it will take to clear the blockage, and how long will it take? Take a look at 1D and 1W charts with SAR indicators on. We are on a massive pump here. Each incremental increase we will see some bleeding, and some shorters crying in front of their families. Inverse head and shoulders forming at this last short, up up up we go! Does that mean you think it will take one single giant ram with the plunger to get the toilet unblocked, or furiously ramming it for days before the shorters get flushed down it? There is now resistance at 280 and 285, which equates to two blockages to ram down the toilet. |
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hodl_2015
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Activity: 371
Merit: 57
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December 05, 2015, 12:59:06 PM |
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Can we please NOT peak on jan 1st?
I pay 1.2% property tax over whatever bitcoin is worth on that day.
Are you sure ? Yes. (in my European country) Used to be average of jan 1st and dec 31, but now it's just Jan 1st. The tax rules are not clear on time of day, only the date, so I just make a couple of print-screens during that day, and pick the most favourable one as "proof" I'm still waiting for the tax office to publish "official" exchange rates for jan 1st. That would be cool. It's only a few euro's in taxes, so I'm playing by the books. 1.2%/year is nothing when talking about bitcoin. |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 05, 2015, 01:00:50 PM |
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podyx
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December 05, 2015, 01:03:10 PM |
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We go up $20 then go down $3 and bears already chanting that the sky is falling  |
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DefendKebab
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Hassan Al-Kebab
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December 05, 2015, 01:03:29 PM |
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Look at those finex sell walls, definitely back to 350.
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Hyperjacked
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It's all mathematics...!
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December 05, 2015, 01:07:08 PM |
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Look at those finex sell walls, definitely back to 350.
Just the same old same old...rinse and repeat! Sold at 380$...bought at 360$...sold some at over 380$ Walls are just an optical contusion...  |
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LFC_Bitcoin
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#1 VIP Crypto Casino
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December 05, 2015, 01:13:16 PM |
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Look at those finex sell walls, definitely back to 350.
Oh..... You actually think buy/sell walls are actually real & represent what's happening |
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Proxiebuier
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December 05, 2015, 01:17:07 PM |
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look some one keep bitcoin price higher more and more im sure we will reach $400 soon maybe today or next day |
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teddy5145
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December 05, 2015, 01:28:49 PM |
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look some one keep bitcoin price higher more and more im sure we will reach $400 soon maybe today or next day If the sell walls are keep going on like this there is no way we can keep up at 380, let alone 400 But it seems like there are resistance at 375 preventing the price to go lower |
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Hyperjacked
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It's all mathematics...!
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December 05, 2015, 01:29:38 PM |
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look some one keep bitcoin price higher more and more im sure we will reach $400 soon maybe today or next day We will reach 400$ at some point in the near future...ImHo but let's be real...things never go straight up without some retrace and consolidation! It's healthy for the stability and gives the pros a warm fuzzy feeling... Personally I think 370-375 range for a little while so the bollinger band builds some steam before the next rise It's Saturday and sunny in NY so I thought I would throw a bone and coffee to the homeless retail investors |
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Denker
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December 05, 2015, 01:41:04 PM |
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look some one keep bitcoin price higher more and more im sure we will reach $400 soon maybe today or next day Maybe that will happen. But I doubt it will be sustainable.We will see some sell offs at this point. To me it would be really surprising to see more than 350-360 at the end of this month. This doesn't mean I wouldn't like it.  |
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Alley
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December 05, 2015, 01:45:09 PM |
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I just sold everything. You can clearly see on the 3 minute chart bitcoin is dead.
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Fatman3001
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Make Bitcoin glow with ENIAC
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December 05, 2015, 01:47:09 PM |
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I just sold everything. You can clearly see on the 3 minute chart bitcoin is dead.
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DefendKebab
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Activity: 439
Merit: 250
Hassan Al-Kebab
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December 05, 2015, 01:53:18 PM |
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I just sold everything. You can clearly see on the 3 minute chart bitcoin is dead.
Sub 370 in max 30 minutes |
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ChartBuddy
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December 05, 2015, 02:00:51 PM |
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ssmc2
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December 05, 2015, 02:06:41 PM |
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look some one keep bitcoin price higher more and more im sure we will reach $400 soon maybe today or next day If the sell walls are keep going on like this there is no way we can keep up at 380, let alone 400 But it seems like there are resistance at 375 preventing the price to go lower You'll soon see how irrelevant those walls are. Moon/train/rocket/space or GTFO |
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TReano
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December 05, 2015, 02:08:03 PM |
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buy the dip.
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Hyperjacked
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It's all mathematics...!
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December 05, 2015, 02:19:57 PM |
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buy the dip.
Buy da dips n burn da manips! Disclaimer:I'm starting to sound like a broken record! |
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Hyperjacked
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Activity: 1610
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It's all mathematics...!
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December 05, 2015, 02:41:50 PM |
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Let us Bathe in The Glory of its Magnificence.   Gotta make a gif with the 1950's nuke tests with those same jamokes...rotflmao! Remember this instant Classic? I'm still waiting for some bears to Photoshop the 1950's nuke tests... Is it just me or do a couple of those guys in the front row look like the Fast Money guys? Pete on the left with hair and Judge in the middle...1990's throwback! |
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peonminer
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December 05, 2015, 02:55:07 PM |
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I hope you guys picked up some moon boots on BTC BF.
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