ChartBuddy
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December 16, 2015, 08:00:37 PM |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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gizmoh
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December 16, 2015, 08:00:38 PM |
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And you're posting a EURO /CNY chart. The USD/CNY chart shows the contrary.. Bearish
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Divitiae miserae
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December 16, 2015, 08:05:37 PM |
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Bitfinex price is still oscillating around the median of the previous wedge, but given that it rebounded onto the four-day lower trend line (which I'm glad we've just tested) we might be headed upwards.
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wutizurkwest
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December 16, 2015, 08:08:45 PM Last edit: December 16, 2015, 08:22:26 PM by wutizurkwest |
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And you're posting a EURO /CNY chart. The USD/CNY chart shows the contrary.. Bearish CNY and USD haven't moved much relative to each other, they are in the same range as before the annoucement, but USD is also down against the Euro, as well as the other currencies in the drop-down selection box. Edit: nevermind, it looks like all the currency pairs are returning to pre-announcement ratios. Just the system absorbing the news, I guess.
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Torque
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December 16, 2015, 08:30:15 PM |
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Interest rate hike is bullish for Bitcoin. All excess liquidity from 0% interest went to stock buybacks creating a bubble in that market. It did not create a bubble in Bitcoin. Bitcoin was in a bear market the entire time from Gox.
Stocks imploding when liquidity is removed means investors have to leave that market and go to a new one to try and increase or preserve their wealth. They aren't going to put everything in a bank and make nothing while also having faith in banks at an all time low.
Totally agree. Not to mention, global investors have bubbled and exhausted nearly every type of market out there (US stock, Chinese stock, real estate, commodities, PMs, etc.), all while bitcoin was bear trending. They'll all be looking for a viable alternate market to trade in next year.
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8up
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December 16, 2015, 08:37:00 PM |
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Interest rate hike is bullish for Bitcoin. All excess liquidity from 0% interest went to stock buybacks creating a bubble in that market. It did not create a bubble in Bitcoin. Bitcoin was in a bear market the entire time from Gox.
Stocks imploding when liquidity is removed means investors have to leave that market and go to a new one to try and increase or preserve their wealth. They aren't going to put everything in a bank and make nothing while also having faith in banks at an all time low.
Totally agree. Not to mention, global investors have bubbled and exhausted nearly every type of market out there (US stock, Chinese stock, real estate, commodities, PMs, etc.), all while bitcoin was bear trending. They'll all be looking for a viable alternate market to trade in next year. Since when are you a bull? I'm bearish for the next 30 days.
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ChartBuddy
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December 16, 2015, 09:00:42 PM |
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PoolMinor
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XXXVII Fnord is toast without bread
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December 16, 2015, 09:46:39 PM |
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peonminer
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December 16, 2015, 09:49:08 PM Last edit: December 16, 2015, 11:38:20 PM by peonminer |
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ChartBuddy
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December 16, 2015, 10:00:41 PM |
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Pruden
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December 16, 2015, 10:09:46 PM |
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It should not be too hard to guess the direction from here. The order book is thinning and everyone is long on overextended margin. Good luck with holding this price up.
There are as few longs open as at $435 three days ago or $420 5 days ago. The deleveraging (27M$ to 24M$) of the last 2 days seems very bullish to me. Chart: https://bfxdata.com/swaphistory/totals
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Holliday
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December 16, 2015, 10:13:14 PM |
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Holliday where have you been? Here! Just not posting often.
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BlindMayorBitcorn
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December 16, 2015, 10:49:54 PM |
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Daily reminder:
>Trading your bitcoin for short-term profits will burn you in the long run >You're not "lucky", you can't time the market, stop trying. >TA (Technical Analysis) is always bullshit, you can safely disregard any retard who posts a picture of a graph anywhere. >Gambling in any form is for braindead retards >Bitcoin will increase, and increase by a lot, in the long run. >The mere fact that this forum allows paid signature campaigns and third world trash to post utter nonsense in broken english for their signature campaign just goes to show this forum is reddit-tier (shit)
OP, you may now close this thread. Everything important has been said in this post.
shitty ass autistic green text, but your 100% correct https://bitcointalk.org/index.php?topic=1290868.msg13263014#msg13263014Update: Day 2. Still no car.
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jbreher
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lose: unfind ... loose: untight
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December 16, 2015, 10:52:42 PM |
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836 coin market dump in one shot
fat finger?
Probably someone wanted to buy a house.
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ChartBuddy
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December 16, 2015, 11:00:41 PM |
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Fatman3001
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Make Bitcoin glow with ENIAC
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December 16, 2015, 11:03:35 PM |
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836 coin market dump in one shot
fat finger?
Probably someone wanted to buy a house. Or a boat! https://www.youtube.com/watch?v=mQPjKSVe1tQ BTW, this should be the WO-thread tune.
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DeathAngel
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#1 VIP Crypto Casino
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December 16, 2015, 11:07:41 PM |
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836 coin market dump in one shot
fat finger?
Probably someone wanted to buy a house. Damn that's a lot of coin's
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BlindMayorBitcorn
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December 16, 2015, 11:08:56 PM |
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Best-in-class towing. That's Ford tough.
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jbreher
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lose: unfind ... loose: untight
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December 16, 2015, 11:12:45 PM |
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836 coin market dump in one shot
fat finger?
Probably someone wanted to buy a house. Damn that's a lot of coin's I dunno, in the bigger picture, one would expect somebody somewhere to once and a while exchange coins for a down payment on a house, if this is indeed to be a new default global currency. If we can't use it, what good is it?
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