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peonminer
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November 08, 2015, 11:19:40 PM |
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This shit is bananas.
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TReano
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November 08, 2015, 11:22:06 PM |
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I love how people get over bullish when the pump is over and they still buy because they missed the train  |
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yolalanda
Newbie
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Activity: 56
Merit: 0
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November 08, 2015, 11:22:45 PM |
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You were bearish on bitcoin and the price tripled. Nuff said. Price tripled??? Bovine spongiform encephalopathy. I've seen the best cow-minds of my generation... Not Even Once! |
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MatTheCat
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November 08, 2015, 11:29:23 PM |
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I love how people get over bullish when the pump is over and they still buy because they missed the train yeah..but the pump was to $500, and we are now trending in upper $300s, just $30 or so above the resitance zone which was tested 3 times, over the space of several months, and which was emphatically breached last week.... There has already been a MASSIVE correction. $500 - $350!! How low do people really think Bitcoin will correct from $505!? How much lower do the bears who missed the crash, really think Bitcoin can go after putting in an emphatic long term trend reversal over the past 6 months? |
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Hyperjacked
Legendary
Offline
Activity: 1624
Merit: 1126
It's all mathematics...!
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November 08, 2015, 11:30:33 PM |
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This is the face of panic sellers sub 370$ right now  More interest in panic shorters who are still in their positions from the $380#s, for a not very strong move down, which has run out of steam already......another test of the $366 area, on even weaker volume, and then the shorters will start exiting their positions, which will result in a spike back up towards resitance zone at $385. yes sir! maybe shorts should try lightening up or could turn on them come Monday AM... |
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TReano
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November 08, 2015, 11:32:36 PM |
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I love how people get over bullish when the pump is over and they still buy because they missed the train yeah..but the pump was to $500, and we are now trending in upper $300s, just $30 or so above the resitance zone which was tested 3 times, over the space of several months, and which was emphatically breached last week.... How low do people really think Bitcoin will correct from $505!? Maybe the 500$ pump is the new 1200$ pump? Who knows? a lot of emotions unloaded and a lot of fomo trading was done. With all the leverage shorting going on, reaching 1200$ is a total different story then back in 2012 when we had almost no leverage trading and no short trading as well... That makes the story totally different this time... |
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peonminer
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November 08, 2015, 11:36:03 PM |
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Leveraged trading is like your girl bringing up 'that one time'.
Spike. SPIKE. BIGGG SPIKE. MOON!!!
Nope.
Your ass handed to you.
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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November 08, 2015, 11:38:14 PM |
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This is the face of panic sellers sub 370$ right now More interest in panic shorters who are still in their positions from the $380#s, for a not very strong move down, which has run out of steam already......another test of the $366 area, on even weaker volume, and then the shorters will start exiting their positions, which will result in a spike back up towards resitance zone at $385. yes sir! maybe shorts should try lightening up or could turn on them come Monday AM... Shorts do not have long memories it seems. They were annihilated just last week. We just broke out through resistance at 320 after a two year bear market, the price then exuberantly shot up to 500 and has since fallen back. An emphatic trend reversal if ever there was one. There will be bears who keep shorting this market and I wouldn't be at all surprised if the price keeps surprising them by stubbornly failing to collapse back to levels that were found only after a two year bear market. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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November 08, 2015, 11:39:54 PM |
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I love how people get over bullish when the pump is over and they still buy because they missed the train yeah..but the pump was to $500, and we are now trending in upper $300s, just $30 or so above the resitance zone which was tested 3 times, over the space of several months, and which was emphatically breached last week.... There has already been a MASSIVE correction. $500 - $350!! How low do people really think Bitcoin will correct from $505!? How much lower do the bears who missed the crash, really think Bitcoin can go after putting in an emphatic long term trend reversal over the past 6 months? 320? |
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orpington
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November 08, 2015, 11:41:04 PM |
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Relax everyone its ok  |
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Hyperjacked
Legendary
Offline
Activity: 1624
Merit: 1126
It's all mathematics...!
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November 08, 2015, 11:41:13 PM |
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This is the face of panic sellers sub 370$ right now More interest in panic shorters who are still in their positions from the $380#s, for a not very strong move down, which has run out of steam already......another test of the $366 area, on even weaker volume, and then the shorters will start exiting their positions, which will result in a spike back up towards resitance zone at $385. yes sir! maybe shorts should try lightening up or could turn on them come Monday AM... Shorts do not have long memories it seems. They were annihilated just last week. We just broke out through resistance at 320 after a two year bear market, the price then exuberantly shot up to 500 and has since fallen back. An emphatic trend reversal if ever there was one. There will be bears who keep shorting this market and I wouldn't be at all surprised if the price keeps surprising them by stubbornly failing to collapse back to levels that were found only after a two year bear market. The best btc traders know this and they will not let up pressure imHo! Leverage in the hands of amateurs will be the driving force of huge volatility going forward ... |
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yolalanda
Newbie
Offline
Activity: 56
Merit: 0
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November 08, 2015, 11:41:59 PM |
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... the resitance zone which was tested 3 times, over the space of several months, and which was emphatically breached last week....
"Emphatically breached" You make it sound as if your numerological prognostications are as irrefutable as real math |
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orpington
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November 08, 2015, 11:43:13 PM |
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there's nothing to worry about  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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November 08, 2015, 11:45:43 PM |
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New 5 day low |
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Hyperjacked
Legendary
Offline
Activity: 1624
Merit: 1126
It's all mathematics...!
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November 08, 2015, 11:49:00 PM |
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New 5 day low Go for it! |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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November 08, 2015, 11:51:53 PM |
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New 5 day low Go for it! Of course, the whole point of a Doomsday Machine is lost, if you *keep* it a *secret*! Why didn't you tell the world, EH? |
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natewelt
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November 09, 2015, 12:01:02 AM |
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Hey China. Time to wake up get this thing back into bull mode. Please and thank you
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ChartBuddy
Legendary
Offline
Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 09, 2015, 12:01:19 AM |
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JayJuanGee
Legendary
 Online
Activity: 4158
Merit: 12614
Self-Custody is a right. Say no to "non-custodial"
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November 09, 2015, 12:02:29 AM |
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New 5 day low I have no problem with the concept that there is going to be a one more attempt at $350 and even an attempt to go below $350; however, I have some difficulties envisioning the price going below that point - without potentially causing the price to become stagnant in the $300s for some time. Surely, anything is possible in Bitcoinlandia, but it seems that bitcoin prices are on their way up rather than down, and if anyone is holding out for prices below, $355, then there is likely going to be some luck in that, seeming less probable under the current conditions. That is my sense of things; however, Caveat... never say never in bitcoinlandia. |
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