DaRude
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In order to dump coins one must have coins
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January 27, 2015, 02:47:28 AM |
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The BTC700 ask wall flasher is starting to get annoying ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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BlindMayorBitcorn
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January 27, 2015, 02:50:16 AM |
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How many of you are currently short?
Closed mine sub 260, need some sleep. Hoping it doesnt move too much either way in the next ~10 hours. Mark my words: shorts are gonna get squeezed within a month. I'm calling a $350 top, but first it's gotta go low enough to get all the bargain hunters on board.
Shorts are already down 7k in 24 hours. We need some sideways and for the amount of shorts to go up before we can really squeeze them. We'll get plenty of sideways, I think. The Four Punch pattern gets flatter each time. So the pattern should be sideways sideways long squeeze short squeeze? (One fish two fish red fish blue fish?) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs-media-cache-ak0.pinimg.com%2F236x%2F16%2F63%2F0f%2F16630f467f0a1869af1bf5a4f1cad79d.jpg&t=665&c=AErefFJXp7-D4A) No, it's crash/bounce, dip, short squeeze and second bounce. We are currently at the dip phase. So basically we're probably looking at a double bottom. I can live with that
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billyjoeallen
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Hide your women
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January 27, 2015, 02:59:23 AM |
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No, it's crash/bounce, dip, short squeeze and second bounce. We are currently at the dip phase.
So basically we're probably looking at a double bottom. I can live with that Not a true double bottom because there will be less volume than the long squeeze to $166. There's not enough coins on the exchange to make it higher volume than that. When the margin longs got liquidated, all those coins went to the Four Punch Raiders and they will not get squeezed because they are not operating with leverage. They have enough fiat and coins to bleed us without taking the risk. That's why after the short squeeze there will be a bounce and then another crash. I'm getting out after the short squeeze. I'm gonna use the money to generate a second source of income so I can just keep buying a little at a time until this nightmare is over. Prolly after the Chinese give us back every single last coin or some third world shit currency becomes even less attractive than BTC and we get another Cypress type event.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 27, 2015, 02:59:55 AM |
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DaRude
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Activity: 2879
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In order to dump coins one must have coins
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January 27, 2015, 03:03:02 AM |
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The BTC700 ask wall flasher is starting to get annoying ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) There he goes
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damiano
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103 days, 21 hours and 10 minutes.
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January 27, 2015, 03:08:55 AM |
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Dumps seem to be getting weaker
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NotLambchop
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January 27, 2015, 03:13:06 AM |
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... (One fish two fish red fish blue fish?)
(Little Cindy Lou Who, who was no more than two.)
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Morecoin Freeman
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January 27, 2015, 03:13:29 AM |
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I bought back in at $257. Now I can finally sleep. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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hmmkay
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January 27, 2015, 03:19:52 AM |
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Looking good ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi1213.photobucket.com%2Falbums%2Fcc466%2Fgaldur%2Ftweet.png&t=665&c=yIhm1q9i8NyJ_Q) Font-smoothing is your friend.
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dreamspark
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January 27, 2015, 03:25:59 AM |
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Dumps seem to be getting weaker
Yep but so are the mini bounces. = sideways.
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galdur
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January 27, 2015, 03:43:31 AM |
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Support reached, time to resume the upward march ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi1213.photobucket.com%2Falbums%2Fcc466%2Fgaldur%2Fsnip.png&t=665&c=vbXJiDngS_O9dA)
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mymenace
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Smile
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January 27, 2015, 03:44:22 AM |
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Support reached, time to resume the upward march ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi1213.photobucket.com%2Falbums%2Fcc466%2Fgaldur%2Fsnip.png&t=665&c=vbXJiDngS_O9dA) no want some more weak hands to be flushed out
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megadeth
Sr. Member
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bagholder since 2013
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January 27, 2015, 03:47:48 AM |
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galdur
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January 27, 2015, 03:49:58 AM |
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Support reached, time to resume the upward march
snip
no want some more weak hands to be flushed out
Remember the long slow grind down from the mid-November top? Sure as hell hope that doesn´t repeat from here.
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ImI
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January 27, 2015, 03:59:16 AM |
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there is a good probability that they will announce both at once, the exchange and the ETF. both will work hand in hand.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 27, 2015, 03:59:53 AM |
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billyjoeallen
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Hide your women
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January 27, 2015, 04:12:52 AM |
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Dumps seem to be getting weaker
Yep but so are the mini bounces. = sideways. Oh yeah, maximum pain for everybody. All the bears have to do is wait. Sideways=bearish
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billyjoeallen
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Hide your women
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January 27, 2015, 04:15:52 AM |
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there is a good probability that they will announce both at once, the exchange and the ETF. both will work hand in hand. Another dump or another pump and dump? The U.S. market will be split between two major exchanges meaning we will have to arbitrage and liquidity will be divided. I hope I'll at least get more instant purchases out of the deal.
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NotLambchop
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January 27, 2015, 04:35:03 AM |
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... Bitcoin is being manipulated like a Christmas turkey ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) Chicken. Turkey: stupid, not evil. Need stupid & evil, and so: chicken. Bitcoin: Disruptive Black Swan or Cow Tipping Point?(lol no, it's a chicken!) https://www.youtube.com/watch?v=QObyhINF2h4
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