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flynn
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January 17, 2014, 06:21:47 PM |
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It's the usual suspects!  Which one is Kayser Sausey ? |
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MAbtc
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January 17, 2014, 06:21:55 PM |
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I am seeing a pattern in these triangles, the angles are very telling on each, they point to $180. We are massively overvalued right now.
Actually, I've been working with some pretty reliable Fibonacci fans whose channels point to Bitstamp hitting $0.00 within the month. Plan accordingly. sweet i will be able to afford all the bitcoins! actuly wait no... i need like 0.0000   No you won't get them ALL, if you wait for them to drop to 0.0001$, because I'll buy 1 million of them at 0.001$, just to be able to claim that in 2014 I was a huge bitcoin whale. Such a story would be worth 1,000$, even if the bitcoins would be worth 0.0. Yes, very strong support in the ≤ $.01 range. |
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N12
Donator
Legendary
 Offline
Activity: 1610
Merit: 1010
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January 17, 2014, 06:22:23 PM |
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I am seeing a pattern in these triangles, the angles are very telling on each, they point to $180. We are massively overvalued right now.
Actually, I've been working with some pretty reliable Fibonacci fans whose channels point to Bitstamp hitting $0.00 within the month. Plan accordingly. sweet i will be able to afford all the bitcoins! actuly wait no... i need like 0.0000 No you won't get them ALL, if you wait for them to drop to 0.0001$, because I'll buy 1 million of them at 0.001$, just to be able to claim that in 2014 I was a huge bitcoin whale. Such a story would be worth 1,000$, even if the bitcoins would be worth 0.0. Yes, very strong support in the ≤ $.01 range. Well shit, I'll have to revise my limit orders. |
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deadfi$h
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January 17, 2014, 06:25:01 PM |
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You can tell the bears are getting panicky when all the triangles come out! Pythagoras must be rolling in his grave! You are becoming more and more manic by the minute T.Stuart. Having just read that it is possible to short Bitcoin on Bitfinex, I headed right over there to register and open an account. I then set about finding the option to short bitcoin. The Bitfinex site does not make this a very straightforward process, but I soon discovered the shorting option only to find that there is absolutely nobody interested in lending out Bitcoins to a short seller at this point in time. Now what does that tell you? (a big fkn queue of wannabe short-sellers and a distinct lack of mugs Bitcoin holders willing to loan out their Bitcoins to shorters chasing clear and obvious profits) You do know the lenders also risk losing their coins if the shorts don't pan out? This is not really true. Short positions are automatically closed well before there is danger of the total value of the trade dropping below the level of the money lent. The only case where a lender would be at risk would be in the case of a massive short/long squeeze where the positions can't be closed before price collapses +/- something like 40% in a minute period. They offer insurance to cover those extreme cases also. |
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Davyd05
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January 17, 2014, 06:26:42 PM |
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let say 850 low for the day on gox, with a super bounce off it D: ttyl
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deadfi$h
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January 17, 2014, 06:32:32 PM |
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Gox broke support. Very welcome news for me... Now Stamp's turn.
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mellowyellow
Member
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Activity: 112
Merit: 10
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January 17, 2014, 06:34:20 PM |
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You can tell the bears are getting panicky when all the triangles come out! Pythagoras must be rolling in his grave! You are becoming more and more manic by the minute T.Stuart. Having just read that it is possible to short Bitcoin on Bitfinex, I headed right over there to register and open an account. I then set about finding the option to short bitcoin. The Bitfinex site does not make this a very straightforward process, but I soon discovered the shorting option only to find that there is absolutely nobody interested in lending out Bitcoins to a short seller at this point in time. Now what does that tell you? (a big fkn queue of wannabe short-sellers and a distinct lack of mugs Bitcoin holders willing to loan out their Bitcoins to shorters chasing clear and obvious profits) You do know the lenders also risk losing their coins if the shorts don't pan out? This is not really true. Short positions are automatically closed well before there is danger of the total value of the trade dropping below the level of the money lent. The only case where a lender would be at risk would be in the case of a massive short/long squeeze where the positions can't be closed before price collapses +/- something like 40% in a minute period. They offer insurance to cover those extreme cases also. Ahh, didn't realise you could get insurance, I'll have to check that out. |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 17, 2014, 06:35:59 PM |
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Gox broke support. Very welcome news for me... Now Stamp's turn.
780 wall just went edit ok now its back |
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DaRude
Legendary
Offline
Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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January 17, 2014, 06:36:21 PM |
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You can tell the bears are getting panicky when all the triangles come out! Pythagoras must be rolling in his grave! You are becoming more and more manic by the minute T.Stuart. Having just read that it is possible to short Bitcoin on Bitfinex, I headed right over there to register and open an account. I then set about finding the option to short bitcoin. The Bitfinex site does not make this a very straightforward process, but I soon discovered the shorting option only to find that there is absolutely nobody interested in lending out Bitcoins to a short seller at this point in time. Now what does that tell you? (a big fkn queue of wannabe short-sellers and a distinct lack of mugs Bitcoin holders willing to loan out their Bitcoins to shorters chasing clear and obvious profits) Umm i see 2114 BTC offer available just at 0.0055% and to get a mil in USD would prob cost you around 0.6% that's a 100 fold difference in a rate. What does that tell you? Oh you were just trolling to get cheap coins from noobs sry then carry on |
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dgarcia
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January 17, 2014, 06:36:40 PM |
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Huobi is not moving...
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MatTheCat
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January 17, 2014, 06:49:21 PM |
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Umm i see 2114BTC offer available just at 0.0055% and to get a mil in USD would prob cost you around 0.6% that's a 100 fold difference in a rate. What does that tell you? Oh you were just trolling to get cheap coins from noobs sry then carry on
Where!? Show me the place, and I am there. Edit, Gotya....found it. Need to time transfer of BTC from Bitstamp to Bitfinex so price doesn't fall too much though. |
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deadfi$h
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January 17, 2014, 06:50:19 PM |
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Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.
Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.
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dgarcia
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January 17, 2014, 06:54:23 PM |
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Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.
Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.
Until now only Huobi is impeding full break out... ...but don't seem to be very euphoric either only a bit hesitant. |
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fonzie
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January 17, 2014, 06:54:59 PM |
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 Game over  |
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deadfi$h
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January 17, 2014, 06:59:11 PM |
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Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.
Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.
Until now only Huobi is impeding full break out... ...but don't seem to be very euphoric either only a bit hesitant. We're moving into China's bedtime. They seem to like their sleep a little bit more than the Japanese |
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dgarcia
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January 17, 2014, 07:00:48 PM |
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Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.
Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.
Until now only Huobi is impeding full break out... ...but don't seem to be very euphoric either only a bit hesitant. We're moving into China's bedtime. They seem to like their sleep a little bit more than the Japanese Dumping before bedtime? So there will be no bad awaking in the morning after Thai-Chi. |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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January 17, 2014, 07:02:00 PM |
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Huobi is not moving...
it reached the .764 retrace of the rise from 4640 to 5195. |
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ChartBuddy
Legendary
 Online
Activity: 2156
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 17, 2014, 07:02:50 PM |
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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January 17, 2014, 07:03:06 PM |
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JorgeStolfi
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January 17, 2014, 07:04:41 PM |
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The Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the  (image from http://www.boston.com/bostonglobe/ideas/theword/2009/01/bootstraps_and.html) |
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