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ShroomsKit
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January 04, 2015, 12:40:41 PM |
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yes i'd like to know too. 6 years after bitcoin didn't evolve a bit, mainstream adoption is failing etc...the infancy phase excuse is becoming more and more dull.
6 years from now the same people will be saying the same thing: Bitcoin is still new. Patience my friend. We need to shake out the weak hands first. Wallstreet is dying to get in at the right price. Just buy and hodl. Secret forces are accumulating. Big money is gobbling up all these cheap coins. Bitcoin is worth 10 dollars at that point. |
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prophetx
Legendary
 Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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January 04, 2015, 12:43:33 PM |
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yes i'd like to know too. 6 years after bitcoin didn't evolve a bit, mainstream adoption is failing etc...the infancy phase excuse is becoming more and more dull.
6 years from now the same people will be saying the same thing: Bitcoin is still new. Patience my friend. We need to shake out the weak hands first. Wallstreet is dying to get in at the right price. Just buy and hodl. Secret forces are accumulating. Big money is gobbling up all these cheap coins. Bitcoin is worth 10 dollars at that point. huh this makes no sense. anyway it is probably the ethereum people dumping to pay their bills |
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kryptopojken
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January 04, 2015, 12:43:51 PM |
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yes i'd like to know too. 6 years after bitcoin didn't evolve a bit, mainstream adoption is failing etc...the infancy phase excuse is becoming more and more dull.
6 years from now the same people will be saying the same thing: Bitcoin is still new. Patience my friend. We need to shake out the weak hands first. Wallstreet is dying to get in at the right price. Just buy and hodl. Secret forces are accumulating. Big money is gobbling up all these cheap coins. Bitcoin is worth 10 dollars at that point. don't forget the god damn traders... shorting the crap out of this technology for a petty $50 profit  |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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January 04, 2015, 12:45:02 PM |
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For the noobs I explain what will happen the next few days. Watch closely, turn off your emotion and just trade accordingly.  What price is the lowest you predict it will go? It's difficult to work it out from that chart. I honestly don't know for sure. I would say at least 250.666 Do you think that will be an all time low for this year? Is it too difficult to predict a year in advance? There is a small chance there will be a double bottom with roughly the same price a few weeks later. So in case you missed the first bottom, that one will be the last. After that we will never see that bottom again in 2015 and beyond unless cryptocurrencies in general fail or some other pandemic black swan event. I can tell you closed your short. |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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January 04, 2015, 12:46:33 PM |
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Lets just accept the low price and embrace Bitcoin as a technology. No need to be greedy  I can't accept the price because it's no fair price for the Bitcoin. There are just whales you are dumping all day long. But isn't that part of finding the price? Supply and demand? If supply is higher than demand at a certain price, price drops. I don't see the problem (although it hurts to see my stash be worth less and less, of course) |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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January 04, 2015, 12:52:46 PM |
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I like the 5-wave elliot theory. (don't know EW myself, though). To EW experts: is that in line with this? Tracing out giant triple zigzag bullish wedge since ATH.
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coa032
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January 04, 2015, 12:53:08 PM |
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"Buy when there's blood in the streets, even if the blood is your own."
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Tzupy
Legendary
Offline
Activity: 2170
Merit: 1094
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January 04, 2015, 12:54:12 PM |
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Huobi dumping again, I hoped there would be a small uptrend and now sold at a tiny loss.
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Bagatell
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January 04, 2015, 12:56:02 PM |
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20k shorts... c'mon somebody burn them!  |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 04, 2015, 01:00:15 PM |
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ShroomsKit
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January 04, 2015, 01:08:08 PM |
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yes i'd like to know too. 6 years after bitcoin didn't evolve a bit, mainstream adoption is failing etc...the infancy phase excuse is becoming more and more dull.
6 years from now the same people will be saying the same thing: Bitcoin is still new. Patience my friend. We need to shake out the weak hands first. Wallstreet is dying to get in at the right price. Just buy and hodl. Secret forces are accumulating. Big money is gobbling up all these cheap coins. Bitcoin is worth 10 dollars at that point. huh this makes no sense. anyway it is probably the ethereum people dumping to pay their bills Sure. That must be the reason we went from 1200 to 290 over the last 12 months. Just a few people who need to pay their bills. Nothing to see here. |
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ShroomsKit
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January 04, 2015, 01:09:16 PM |
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"Buy when there's blood in the streets, even if the blood is your own."
The good old buy when there's blood in the streets. Been reading that after every single dump since 1200. |
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coa032
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January 04, 2015, 01:11:17 PM |
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"Buy when there's blood in the streets, even if the blood is your own."
The good old buy when there's blood in the streets. Been reading that after every single dump since 1200. How much did they pay you to troll like that? |
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Tzupy
Legendary
Offline
Activity: 2170
Merit: 1094
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January 04, 2015, 01:13:36 PM |
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Huobi dumping again, I hoped there would be a small uptrend and now sold at a tiny loss.
Western exchanges reluctant to follow the mainland Chinese, waiting to see if very short term support will be broken. |
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Wandererfromthenorth
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January 04, 2015, 01:25:02 PM |
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Aaaand we have a new low on bitfinex. Lowest price post-bubble.
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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January 04, 2015, 01:26:23 PM |
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FOR FUCKS SAKE
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Tzupy
Legendary
Offline
Activity: 2170
Merit: 1094
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January 04, 2015, 01:26:53 PM |
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Double bottom breaking on bitfinex.
Market could be going down another 20$, but I'm not shorting anymore, should have left my earlier short running.  |
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luckygenough56
Legendary
Offline
Activity: 1526
Merit: 1012
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January 04, 2015, 01:27:57 PM |
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you can't fight china
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sonofliberty
Full Member
Offline
Activity: 395
Merit: 100
Market Integration Platform
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January 04, 2015, 01:28:30 PM |
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Aw yea
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