marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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June 16, 2016, 06:34:10 AM |
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This definitely feels like 2013.... new ATH is very possible.
I think it feels a bit more like 2011 ATH run when we had a lot of turmoil on-going throughout, Mt. Gox kept going down, Gawker article about Silk Road, Schumer on TV freaking out about bitcoin, developers arguing ... and it still kept going up. 2013 was just euphoria and all in bitcoin love fest. |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 16, 2016, 06:34:35 AM |
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I wish there was a correction right now while Bitfinex still has 21.5K coins on the ask just so I can see it with 30K+ coins on the ask.
ya its really to bad our last remaining bears thought it was a good idea to step in front of a rocket and got killed at 720 yesterday. and so, sadly, we will never see it with 30K+ coins on the ask.  |
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Riddikulo
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June 16, 2016, 06:39:16 AM |
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It keeps going up. What´s the next resistance?
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TERA
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June 16, 2016, 06:40:05 AM |
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RGR991
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Activity: 99
Merit: 10
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June 16, 2016, 06:40:50 AM |
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Euro's need to join the fun and take us to $800  |
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600watt
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Activity: 2338
Merit: 2106
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June 16, 2016, 06:43:33 AM |
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this will be a great day at work. there are 4 pc´s online there and lots of smartphones. i cannot escape. i cannot concentrate. good thing i am the boss, because if i wouldn´t be, my boss would kick my arse.  |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 16, 2016, 06:46:34 AM |
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It keeps going up. What´s the next resistance?
all the bears are dead. not injured, not regrouping. dead. it was a massacre. they didnt stand a chance. it was horrific. as a result, there will be no serious resistance presented below 3000$ |
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RGR991
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Activity: 99
Merit: 10
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June 16, 2016, 06:46:59 AM |
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finex wants to run again getting ahead of Huobi
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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June 16, 2016, 06:48:07 AM |
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It keeps going up. What´s the next resistance?
$888 would be a new ATH in market cap ~$13.9 billion |
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AlexGR
Legendary
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Activity: 1708
Merit: 1049
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June 16, 2016, 06:51:28 AM |
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It keeps going up. What´s the next resistance?
all the bears are dead. not injured, not regrouping. dead. it was a massacre. they didnt stand a chance. it was horrific. as a result, there will be no serious resistance presented below 3000$ I'm wondering where is BJA-"go on.... blow up my shorts!!!"  |
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TERA
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June 16, 2016, 06:53:18 AM |
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$720, $850, and $1000 are significant on the chart, and we may not have technically broken $720 until we close above it.
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kodtycoon
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Activity: 1568
Merit: 1002
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June 16, 2016, 06:54:11 AM |
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$720, $850, and $1000 are significant on the chart, and we may not have technically broken $720 until we close above it.
by close above it, what time frame are you talking? 1D? |
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TERA
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June 16, 2016, 06:56:05 AM |
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$720, $850, and $1000 are significant on the chart, and we may not have technically broken $720 until we close above it.
by close above it, what time frame are you talking? 1D? yes |
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TERA
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June 16, 2016, 07:01:36 AM |
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USD/JPY just dropped 250 pips also
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 16, 2016, 07:04:43 AM |
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 this candle is good enough for me. support appears to be (much) stronger at 730 then it was at 700 i guess its a bit early to call it, but its looking fabulous, 720 is done. |
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TERA
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June 16, 2016, 07:07:27 AM |
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I don't think it would have broken today to begin with without FOMC.
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Its About Sharing
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Activity: 1442
Merit: 1000
Antifragile
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June 16, 2016, 07:08:54 AM |
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Here's something I don't understand; the technical's show that BTC is going to go to the moon again. But from a fundamental standpoint, who has the funds to be able to cough up $2000 just to buy half a coin? And then there is the obvious likelihood that it will fall from several thousand back down to 900-1500.
Your use of terms shows a misunderstanding. What is $2000 relative to? Imagine a stock, actually one of only 5 or so in existence, for the whole planet. And this stock saves your money from theft, reduces its use in war spending, cripples corruption, allows seamless movement, etc. Do you not want to consider the number of shares? Market cap? If I told you this financial stock for the world had a market cap of 11 billion, you would say "Get me as much as you can!" For the price of "one" is meaningless in the grand scope of things. It is a bit of an aberation of language. In an overly simplistic kind of a way, you have the chance to get the best performing stock of all time, pre IPO. |
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JayJuanGee
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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June 16, 2016, 07:15:19 AM |
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It keeps going up. What´s the next resistance?
all the bears are dead. not injured, not regrouping. dead. it was a massacre. they didnt stand a chance. it was horrific. as a result, there will be no serious resistance presented below 3000$ I'm wondering where is BJA-"go on.... blow up my shorts!!!" Maybe they blew up anywhere between $450 and $550 - remember I shorted when we had been sitting at about $380 for a week or so. |
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koryu
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June 16, 2016, 07:17:06 AM |
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 please  |
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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June 16, 2016, 07:46:17 AM |
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This is nothing. The 4-Hour chart correction is only just closing....  It's just lining up on the runway getting its flight clearance. Gold's broken $1300. Deutche shares are into the $12 range. Nikkei !!  Abenomics lying in the ditch. Looks like Japanese money printing and stock values decoupling and reversing. Italian banking shares being hammered again. Steve Liesman says Yellen's thrown in the towel. |
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