HairyMaclairy
Legendary
 Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 21, 2014, 12:53:47 AM |
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560 is right on the baseline for all the lows on the the log chart since the ATH. Any lower is looking like a breakdown.
Well, it's happening. Now at a 3-month all time low. Significant. To all fellow hodlers, yes, we're good, but this... is getting... ridiculous... Not even close assuming we're talking Stamp prices. 3 month low was $382.21 on 12/17/2013. This isn't even a 3 week low - $530.00 on 2/10/2014. 548 stamp. Getting closer. And this is totally different. 530 was a panic dump. This is a deliberate long grind down. If you don't have a plan yet now is the time to make it and stick by it. If you don't have a plan you are going to get hurt. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
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February 21, 2014, 12:55:08 AM |
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Over  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 21, 2014, 12:55:23 AM |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 21, 2014, 12:56:03 AM |
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The wall at 110 on gox finally got finished. Lower incoming.
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 21, 2014, 12:57:38 AM |
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4000 imaginary Gox coins to double figures.
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octaft
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February 21, 2014, 12:58:10 AM |
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Whelp 110 wall on Gox gone. Consider my words eaten. I'm still buying, though. Imagine if I can get a 2 digit average buyin price on these things?
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Arcas
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February 21, 2014, 12:58:43 AM |
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I'm going to post this again.  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 21, 2014, 12:58:50 AM |
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oh my.
double digits on gox in a few seconds....
edit: walls up! we got another few hours...
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octaft
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February 21, 2014, 12:59:38 AM |
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I'm going to post this again. Getting some small cuts along the way, but I'm trying to catch it! |
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Speedie
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February 21, 2014, 01:00:11 AM |
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I'm very bullish on BTC long term, in fact on cryptos in general, but right now the technicals are terrible and getting worse by the hour. Take a look at a 1 week chart with 50 and 200 week SMAs plus MACD if you really want to get a knot in your stomach. |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 21, 2014, 01:00:46 AM |
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It may be smart for me to lower my initial limit order on BTC-e. Watching.
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fonzie
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February 21, 2014, 01:01:13 AM |
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I´m closin my shorts(for now . Prepare for another(small) bull trap.  |
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Patel
Legendary
Offline
Activity: 1321
Merit: 1007
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February 21, 2014, 01:01:14 AM |
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This feels like the last Matrix movie where the Sentinals are attacking Zion.
The wall has been breached, we have few hours left lol
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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February 21, 2014, 01:01:56 AM |
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Arcas
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February 21, 2014, 01:02:55 AM |
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I´m closin my shorts(for now . Prepare for another(small) bull trap. Agreed |
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sonofliberty
Full Member
Offline
Activity: 395
Merit: 100
Market Integration Platform
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February 21, 2014, 01:03:07 AM |
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UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
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February 21, 2014, 01:03:28 AM |
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Have 100 BTC buy orders @stamp from 490 down to 420. Not sure if I should cancel them? Looks not good for Bitcoin  |
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fonzie
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February 21, 2014, 01:05:01 AM |
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Have 100 BTC buy orders @stamp from 490 down to 420. Not sure if I should cancel them? Looks not good for Bitcoin Take your USD and come back in 3 months! |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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February 21, 2014, 01:05:09 AM |
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I'm going to post this again. I got it! I got it!.. |
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