inca
Legendary
 Offline
Activity: 1176
Merit: 1000
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May 11, 2015, 03:13:29 PM |
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This is driving me insane. Why is every moon launch of the last few days being postponed...?
Faulty solenoid I reckon Now there's a scouser on the forum I imagine the starter motor has long since been stolen. Mind your wallets!!  |
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bad trader
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May 11, 2015, 03:17:17 PM |
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This seems to be the triangle, more or less. OKCoin:  |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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May 11, 2015, 03:19:51 PM |
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When i looked at his other predictions few months old, one saying come to my mind - "Even a broken clock is right twice a day" You didn't have to be TA genius to see the 2013 bubble was not healthy and there will be big correction (i have to admit though, i didn't think it will be so long correction) These TA "Experts" are trying to use TA strategies from stocks and forex with many times bigger markets - In Bitcoin, Roger Ver or other ancient bitcoin whale can send the price of 1 BTC to 1 USD in few minutes...Also on the other hand some huge investment fund can decide to invest in BTC and the price will sky rocket TA or no TA...So yeah, the TA has also some effect i guess, but the fundamentals and manipulation in this particular market are much stronger... Once i saw one nice chart what i actually also believed in...i will find it and post it... EDIT: https://www.tradingview.com/i/8ss69KFu/[/img]]https://www.tradingview.com/chart/BTCUSD/8ss69KFu-Perfect-Bubble-in-the-making/ This is actually one of few prediction charts i really believed from almost day 1 i saw it No TA can ever be 100% accurate ( especially TAs that have to do with BTC) because there's absolutely no guarantee that the very next second the market(s) will be using the same pattern for their movements (ie: some whale will NOT try to market sell or market buy). Whether you're aware to control such a position or (in most of our cases here) know the information about that move, you're only drawing lines on paper (or on a screen in front of you). Short term TA might work (because big moves happen rarely). Long term, IMHO, you better watch out. |
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JimboToronto
Legendary
Offline
Activity: 4452
Merit: 5739
You're never too old to think young.
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May 11, 2015, 03:56:57 PM |
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Good morning Bitcoinland.
Nothing much doing over the weekend I see. Still in the $240s, except for a couple of feeble attempts to break support at $240.
Next serious resistance seems to be around $260. Will we pass $250 in the next few days?
Mmmm... (beverage whose mention seems to bug some people).
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ChartBuddy
Legendary
Offline
Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 11, 2015, 03:57:51 PM |
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minerpumpkin
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May 11, 2015, 04:11:07 PM |
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In that case I'll better go and sell all my coins ASAP, thanks for this valuable financial advice! |
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uhoh
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May 11, 2015, 04:13:04 PM |
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In that case I'll better go and sell all my coins ASAP, thanks for this valuable financial advice! +1 , I'm out.. |
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soullyG
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May 11, 2015, 04:19:18 PM |
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In that case I'll better go and sell all my coins ASAP, thanks for this valuable financial advice! +1 , I'm out.. Confirmed |
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Norway
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May 11, 2015, 04:19:42 PM |
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bitebits
Legendary
Offline
Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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May 11, 2015, 04:20:39 PM |
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Price is up $1.
Da moon?
Did the dollar drop in value, again?! |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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May 11, 2015, 04:21:18 PM |
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In that case I'll better go and sell all my coins ASAP, thanks for this valuable financial advice! +1 , I'm out.. Confirmed After weathering 18 months in bear market, i'm out too /s |
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Dilla
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May 11, 2015, 04:35:14 PM |
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yea, of all the times to get out, now makes the most sense in the last 18 months
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SnokkomBTC
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May 11, 2015, 04:35:58 PM |
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yea, of all the times to get out, now makes the most sense in the last 18 months
soon  |
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Norway
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May 11, 2015, 04:36:35 PM |
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I really don't want to get out of bitcoin now, but I'll do it because you do it guys  |
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SERVERIA
Member
Offline
Activity: 122
Merit: 10
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May 11, 2015, 04:41:23 PM |
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I'm holding. Bitcoinwisdom is all green. We'll see 260 surrender in the coming days.
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Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
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May 11, 2015, 04:41:59 PM |
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the trolls, FUDSTERS & doom mongers were declaring sub 200 coins for ages, it doesn't look like it's going to happen now, certainly not imminently.
Walsoraj was predicting double digit coins when we were at USD1100. All hail Wally, the oracle. I don't even remember this prediction as I've had him on ignore for over a year it seems, before I even decided to oust lambtroll from my view. If I can't take someone seriously, off they go. |
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bassclef
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May 11, 2015, 04:44:26 PM |
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yea, of all the times to get out, now makes the most sense in the last 18 months
I agree. Those five high volume bottoms at $210 just seemed fake to me, as if buyers were actually buying but only to sell $5 later. For this reason I'm unloading my cold storage and putting it max leverage short on OKCoin. Should be a sure thing. |
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ricmi
Newbie
Offline
Activity: 23
Merit: 0
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May 11, 2015, 04:46:51 PM |
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Time to sell. I am not convinced by this volume.
If we go above 250 I plan to open some nice short positions.
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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May 11, 2015, 04:47:29 PM |
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yea, of all the times to get out, now makes the most sense in the last 18 months
I agree. Those five high volume bottoms at $210 just seemed fake to me, as if buyers were actually buying but only to sell $5 later. For this reason I'm unloading my cold storage and putting it max leverage short on OKCoin. Should be a sure thing. I would ask tarmi, but he seems to have left the building. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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May 11, 2015, 04:48:57 PM |
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yea, of all the times to get out, now makes the most sense in the last 18 months
I agree. Those five high volume bottoms at $210 just seemed fake to me, as if buyers were actually buying but only to sell $5 later. For this reason I'm unloading my cold storage and putting it max leverage short on OKCoin. Should be a sure thing. just wait till price fakes 260 |
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