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niothor
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January 06, 2014, 04:18:47 PM |
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Another 1000$ failed party?
Now really , people are panicking too much. HODL !!!!
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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iarsenaux
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January 06, 2014, 04:21:57 PM |
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Another 1000$ failed party?
Now really , people are panicking too much. HODL !!!!
I hope they panic more :p |
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JimboToronto
Legendary
 Online
Activity: 3990
Merit: 4461
You're never too old to think young.
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January 06, 2014, 04:26:08 PM |
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Just woke up. OMG  |
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aminorex
Legendary
 Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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January 06, 2014, 04:27:38 PM |
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Anyway, I've seen a similar UFO before. Probably just some unknown atmospheric phenomena.
That would be pretty much the definition of a UFO. |
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TheCoinBull
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January 06, 2014, 04:28:50 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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January 06, 2014, 04:29:49 PM |
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I think TA should be used with real caution now, since the fundamentals have improved and we have a lot of bigger players entering. Just some advice for the people who focus mainly on TA.
I don't know, really. What else do you have, other than TA? I mean, fundamentals are subject to interpretation as well. There is no "objective" way to look at news/fundamentals... the market reaction to the Silk Road bust is a perfect example for that. My point is, TA is just as useful or not useful as it always is. Perhaps what you have in mind is better phrased as: "don't cling to *outdated* assumptions from TA". I remember one of the mantras being repeated after the April peak/crash was that "price has to deflate back all the way" (which was either ~15 USD = price at beginning of the rally or ~30 USD = previous ATH). In reality, final capitulation was at ~60 USD, off by a factor of 2. * * * The current situation still fits into my own expectations... we went up pretty nicely over the last weeks, and with some extra force in the last few days, and I still consider it a real possibility that we're seeing an early end to the post-December peak bear market. On the other hand, we have what could be a (spread out) double top at 1070/1090, and there's also a real chance we're still going to go down much further. I'm not tempted to re-adjust my position quite yet. If we go through 890-900 (mtgox) *with force*, and close below it, I'm starting to get worried. Well, not really, but I would consider the "continued bear market" scenario more likely again. |
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JimboToronto
Legendary
Online
Activity: 3990
Merit: 4461
You're never too old to think young.
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January 06, 2014, 04:33:29 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
LOLOLOLOL hahahahaha     |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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January 06, 2014, 04:33:53 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?
dead cats climb no trees |
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TheCoinBull
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January 06, 2014, 04:36:42 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
LOLOLOLOL hahahahaha \ 1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours?? |
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JimboToronto
Legendary
Online
Activity: 3990
Merit: 4461
You're never too old to think young.
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January 06, 2014, 04:38:26 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
LOLOLOLOL hahahahaha \ 1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours?? 750 is a new low? |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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January 06, 2014, 04:38:46 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
LOLOLOLOL hahahahaha \ 1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours?? Ill take that bet. |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 06, 2014, 04:44:06 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?
dead cats climb no trees  |
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sir faps
Member
Offline
Activity: 91
Merit: 10
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January 06, 2014, 04:45:46 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. And they were ZERO prior to 1913! |
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TheCoinBull
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January 06, 2014, 04:47:54 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
LOLOLOLOL hahahahaha \ 1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours?? Ill take that bet. Shake |
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Ivanhoe
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January 06, 2014, 04:48:30 PM
Last edit: January 06, 2014, 07:27:28 PM by Ivanhoe |
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I think TA should be used with real caution now, since the fundamentals have improved and we have a lot of bigger players entering. Just some advice for the people who focus mainly on TA.
I don't know, really. What else do you have, other than TA? I mean, fundamentals are subject to interpretation as well. There is no "objective" way to look at news/fundamentals... the market reaction to the Silk Road bust is a perfect example for that. My point is, TA is just as useful or not useful as it always is. Perhaps what you have in mind is better phrased as: "don't cling to *outdated* assumptions from TA". I remember one of the mantras being repeated after the April peak/crash was that "price has to deflate back all the way" (which was either ~15 USD = price at beginning of the rally or ~30 USD = previous ATH). In reality, final capitulation was at ~60 USD, off by a factor of 2. * * * The current situation still fits into my own expectations... we went up pretty nicely over the last weeks, and with some extra force in the last few days, and I still consider it a real possibility that we're seeing an early end to the post-December peak bear market. On the other hand, we have what could be a (spread out) double top at 1070/1090, and there's also a real chance we're still going to go down much further. I'm not tempted to re-adjust my position quite yet. If we go through 890-900 (mtgox) *with force*, and close below it, I'm starting to get worried. Well, not really, but I would consider the "continued bear market" scenario more likely again. Yes indeed, this is what i meant. So guys beware, the landscape is changing really fast now. Please keep this in mind with the decisions you make and adopt to them. I hate to see early adopters left behind. |
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ChartBuddy
Legendary
Online
Activity: 2156
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 06, 2014, 05:02:01 PM |
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runam0k
Legendary
Offline
Activity: 1092
Merit: 1001
Touchdown
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January 06, 2014, 05:03:28 PM |
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1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet. Shake New thread required. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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January 06, 2014, 05:05:00 PM |
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1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet. Shake New thread required. Am happy to send into escrow right now. |
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magicmexican
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January 06, 2014, 05:05:06 PM |
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1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet. Shake New thread required. I would take that bet too, but since there is a 0% chance he would pay, some sort of escrow is needed. |
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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January 06, 2014, 05:07:03 PM |
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1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet. Shake New thread required. Am happy to send into escrow right now. Use https://www.bitrated.com/ !!! |
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