NamelessOne
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Activity: 840
Merit: 1000
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January 06, 2014, 01:39:29 PM |
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I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
Like the last two weeks you mean? All of this could have been a uptrend within a short term bear correction. It could be months before things settle down. Just like in the summer after the April spike and pop the market could rise and then fall to a final bottom for some time. |
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JorgeStolfi
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January 06, 2014, 01:40:37 PM |
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Am I reading the charts right? Huobi is trading 100 kBTC per day?
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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January 06, 2014, 01:41:10 PM |
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I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
in my opinion, what is happening now is not a try to trigger panic sell, because we are over this, people already learned how to smartly hold, what is happening now is a try to pull down the ASK book in a way that more orders will build up at lower prices so these buyers who drove the price up can still get cheap bitcoins... just look at the ASK sum 15500 BTC on the whole sell book @ mtgox!!! out of the 12 million Bitcoin existing this is really really small amount, all exchanges put together doesn't sum up more than 300K bitcoins, people are holding and believe about the future of Bitcoin, I think $1000 and $2000 are still really cheap and optimistic entries for new comers, and I think allot share the same view with me . looking again there is more than 1500 BTC back to $1095.... |
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mellowyellow
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Activity: 112
Merit: 10
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January 06, 2014, 01:47:28 PM |
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.... never sell when the price is going down  Trading rule: Buy incrementally during falling prices Sell incrementally during rising prices Rule #3 : PANIC SELL!!!!15 minutes later PANIC BUY!!!!I love btc. |
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Davyd05
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January 06, 2014, 01:51:41 PM |
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Its easy to believe a lot of people were both a) making a lot of money on doubling their cash quickly, and b) weak hands who just want off of this roller coaster ride.
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Ducky1
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January 06, 2014, 01:52:51 PM |
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ATH before day is over?
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 06, 2014, 01:52:57 PM |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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January 06, 2014, 01:55:38 PM |
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....
Peek clam nad hodl no!!!  |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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January 06, 2014, 01:55:47 PM |
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I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
in my opinion, what is happening now is not a try to trigger panic sell, because we are over this, people already learned how to smartly hold, what is happening now is a try to pull down the ASK book in a way that more orders will build up at lower prices so these buyers who drove the price up can still get cheap bitcoins... just look at the ASK sum 15500 BTC on the whole sell book @ mtgox!!! out of the 12 million Bitcoin existing this is really really small amount, all exchanges put together doesn't sum up more than 300K bitcoins, people are holding and believe about the future of Bitcoin, I think $1000 and $2000 are still really cheap and optimistic entries for new comers, and I think allot share the same view with me . looking again there is more than 1500 BTC back to $1095.... well just to cinfirm my prediction look at http://trading.i286.org/ to see the history of sells and buys, who ever is doing this is a real smart player he pull down the sell orders so he can buy cheap    |
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ChartBuddy
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Activity: 2156
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 06, 2014, 02:01:53 PM |
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Ashitank
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January 06, 2014, 02:02:04 PM |
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I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
This would be no dead cat bounce. I concur. |
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seljo
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Activity: 1178
Merit: 1014
Hodling since 2011.®
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January 06, 2014, 02:05:00 PM |
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I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
This would be no dead cat bounce. I concur. Real slow motion dead cat bounce matrix style. Instead realize the truth. There is no cat. |
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FiatKiller
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January 06, 2014, 02:06:35 PM |
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Wow, gox must be busy. Can't even log in right now.
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 06, 2014, 02:06:49 PM |
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I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
This would be no dead cat bounce. I concur.  |
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Nightowlace
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January 06, 2014, 02:08:47 PM |
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I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?
This would be no dead cat bounce. I concur. Real slow motion dead cat bounce matrix style. Instead realize the truth. There is no cat. Haha. |
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granathus
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January 06, 2014, 02:15:18 PM |
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Transferred the last of my trading stash into storage last night. Feels good now. No temptation to sell. Basking in glorious hodling.  |
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dgarcia
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January 06, 2014, 02:18:01 PM |
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Seems that the brawl in the BTC-E Saloon had caused a punchfest.
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Richy_T
Legendary
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Activity: 2422
Merit: 2113
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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January 06, 2014, 02:34:29 PM |
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Just torrented turbotax, my state taxes are higher than my federal... OUCH  This is probably as it should be if you are in a state which raises revenues through income taxes. Of course, it should be because federal taxes were a tiny fraction of what they currently are. |
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DaRude
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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January 06, 2014, 02:45:04 PM |
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no new wires at gox today, it's a holiday in japan
So the Stamp/ btc-e holiday deposits will arrive today, starting in a couple of hours. Gox won't have any new ones today because it's a holiday, what about tomorrow? tomorrow should be fine again. stamp/btce wires will start soon but i don't know how far we can go without gox. that's ok .. we can just chill here for a while ... back to trend now, feels mellow  This can't be right! You are predicting $1mil by the end of 2014! Since I made that chart, i'll say use it with caution. If you make any trading decisions based on that chart you are on your own. It only contains data for part of the period, after the first large bubble in 2011. It also has to be expanded with a S-kind of ending at the top since it will obviously flatten out when saturation is reached. But it gives the best fit to the data for that time period. Whoa!!! Are you saying there's a chance of BTC not hitting 1mil in 2014?!?! I already mortgaged my house and my family based on your analysis! |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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January 06, 2014, 02:47:25 PM |
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no new wires at gox today, it's a holiday in japan
So the Stamp/ btc-e holiday deposits will arrive today, starting in a couple of hours. Gox won't have any new ones today because it's a holiday, what about tomorrow? tomorrow should be fine again. stamp/btce wires will start soon but i don't know how far we can go without gox. that's ok .. we can just chill here for a while ... back to trend now, feels mellow This can't be right! You are predicting $1mil by the end of 2014! Since I made that chart, i'll say use it with caution. If you make any trading decisions based on that chart you are on your own. It only contains data for part of the period, after the first large bubble in 2011. It also has to be expanded with a S-kind of ending at the top since it will obviously flatten out when saturation is reached. But it gives the best fit to the data for that time period. Whoa!!! Are you saying there's a chance of BTC not hitting 1mil in 2014?!?! I already mortgaged my house and my family based on your analysis! how does one mortgage a family? |
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