michaelGedi
Sr. Member
 Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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March 19, 2015, 07:47:47 PM |
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Things are looking dim.
I'm considering selling off all my bitcoins if we go below $250...
yep, breaking out down |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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March 19, 2015, 07:50:13 PM |
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1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself : you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction. It predicts NOW, not the future. |
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ensjovis
Member
Offline
Activity: 84
Merit: 10
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March 19, 2015, 07:50:27 PM |
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Things are looking dim.
I'm considering selling off all my bitcoins if we go below $250...
Fall into the bear trap. Yes. |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 19, 2015, 07:52:48 PM |
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thank you bulls for 265.
I added a small short position.
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dreamspark
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March 19, 2015, 07:53:09 PM |
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This is not good, if we break below the 1day cloud shits gonna get real.
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BitChick
Legendary
Offline
Activity: 1148
Merit: 1001
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March 19, 2015, 07:55:36 PM |
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I'm pretty sure yesterday was the last time we'll see sub $250 coins.  Some of us have learned our lesson about not posting "the last time we'll see" anything when it comes to BTC! |
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sleger
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March 19, 2015, 07:56:24 PM |
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1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself : you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction. It predicts NOW, not the future. Now it is your turn to contradict yourself : predicts & NOW |
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ChartBuddy
Legendary
 Online
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 19, 2015, 07:58:57 PM |
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coinableS
Legendary
Offline
Activity: 1470
Merit: 1191
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March 19, 2015, 08:01:51 PM |
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I'm pretty sure yesterday was the last time we'll see sub $250 coins. Some of us have learned our lesson about not posting "the last time we'll see" anything when it comes to BTC! Still hasn't dropped below $250  |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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March 19, 2015, 08:02:33 PM
Last edit: March 19, 2015, 08:28:10 PM by podyx |
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Afrikoin
Legendary
Offline
Activity: 1540
Merit: 1003
alan watts is all you need
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March 19, 2015, 08:02:43 PM |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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March 19, 2015, 08:03:15 PM |
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1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself : you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction. It predicts NOW, not the future. Now it is your turn to contradict yourself : predicts & NOW I didn't think I'd really have to expand on that. If the bidsum is still hitting new lows, then the price will, too. If we suddenly saw a spike in bidsum, then you'd expect a price rise. Not really contradictory, it just can't predict a month from now, because bidsum can fly up and down. No... |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 19, 2015, 08:06:11 PM |
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bitfinex order book is looking really bad.
3 k till 230.
if we go under 210 sell everything.
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Ask Ken About Love
Newbie
Offline
Activity: 56
Merit: 0
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March 19, 2015, 08:08:17 PM |
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bitfinex order book is looking really bad.
3 k till 230.
Healthy correction |
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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March 19, 2015, 08:14:58 PM |
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bitfinex order book is looking really bad.
3 k till 230.
if we go under 210 sell everything.
Yet it refuses to go any lower! I know you're probably extremely short right now, possible on margin, but I hope you've set your stops accordingly... |
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BlackSpidy
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March 19, 2015, 08:22:18 PM |
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We're better off than we were two/three weeks ago. That looks like a win to me. I hope we don't dip below $230. Though I am secretly hoping buy some bitcoins at $200... and have it come back to $298.
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Dump3er
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March 19, 2015, 08:22:35 PM |
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Things are looking dim.
I'm considering selling off all my bitcoins if we go below $250...
Fall into the bear trap. Yes.  |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 19, 2015, 08:22:58 PM |
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bitfinex order book is looking really bad.
3 k till 230.
if we go under 210 sell everything.
Yet it refuses to go any lower! I know you're probably extremely short right now, possible on margin, but I hope you've set your stops accordingly... wake up dude, someone is just waiting for bids to refill. I shorted this as mofo in 290+ range, so I dont really need to place stops. |
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fonzie
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March 19, 2015, 08:27:43 PM |
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Short squeeze incoming?
Healthy correction?
Wall Street secretly buyin all the coins?
No more below 250$?
Sub 200 is a bears wet dream?
HODL and you all gonna be rich?
More margin longs are bullish?
More shorts are bullish?
Less shorts are bullish, coz bearz are givin up?
You name it we got it. Welcome to Bitcointalk!
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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March 19, 2015, 08:29:28 PM |
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