abercrombie
Legendary
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Activity: 1159
Merit: 1001
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November 15, 2015, 11:01:23 PM |
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China Huobi and OKCoin shaking off weakness on the Western markets Bitstamp and Bitfinex.
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 15, 2015, 11:03:51 PM |
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China Huobi and OKCoin shaking off weakness on the Western markets Bitstamp and Bitfinex.
There you go! Shake that weakness off and launch this fracker!!!
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Ankara
Legendary
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Activity: 952
Merit: 1000
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November 15, 2015, 11:12:49 PM |
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$320 support has become resistance. WHY?! I wouldn't call it $320 resistance, yet. How come it's a resistance when we are still over that?
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talks_cheep
Legendary
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Activity: 1036
Merit: 1000
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November 15, 2015, 11:15:21 PM |
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Can't you guyz and galz just launch this mofo to 10k so I can buy a boat?
Is that really too much to ask for?
Here's a piece of paper. Go fold yourself a paper boat. That's as close as you will ever get to your own personal boat.
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 15, 2015, 11:18:11 PM |
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Can't you guyz and galz just launch this mofo to 10k so I can buy a boat?
Is that really too much to ask for?
Here's a piece of paper. Go fold yourself a paper boat. That's as close as you will ever get to your own personal boat. Hey now, talks cheep!
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10889
Self-Custody is a right. Say no to"Non-custodial"
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November 15, 2015, 11:32:32 PM |
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$320 support has become resistance. WHY?! I wouldn't call it $320 resistance, yet. How come it's a resistance when we are still over that? How am I supposed to know? I thought that resistance is used to describe difficulties in price movement on the way up and support is to describe difficulties in price movement on the way down.
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LFC_Bitcoin
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Activity: 3668
Merit: 10269
#1 VIP Crypto Casino
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November 15, 2015, 11:49:03 PM |
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Surrender bears.
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wutizurkwest
Member
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Activity: 78
Merit: 10
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November 15, 2015, 11:50:57 PM |
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It's Monday morning in Shanghai. The next 6 hours are critical.
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ChartBuddy
Legendary
Online
Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 16, 2015, 12:01:27 AM |
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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November 16, 2015, 12:05:20 AM |
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We are either going up or down or sideways. It is very clear from looking at the charts.
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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November 16, 2015, 12:06:30 AM |
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pleaseexplainagain
Member
Offline
Activity: 115
Merit: 10
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November 16, 2015, 12:15:02 AM |
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Surrender bears.
if anyone is not bearish short term ie for the next couple of months they need to stop drinking or drug taking as it is leading them down the wrong path. but hey we are all free to choose our paths - mine though does not end with a cliff
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wutizurkwest
Member
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Activity: 78
Merit: 10
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November 16, 2015, 12:30:50 AM |
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So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues? Perhaps both? First China dumps and we revisit $275. When they run out inflation takes over again and we're back to $400 before you know it.
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wutizurkwest
Member
Offline
Activity: 78
Merit: 10
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November 16, 2015, 12:35:41 AM |
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So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues? Perhaps both? First China dumps and we revisit $275. When they run out inflation takes over again and we're back to $400 before you know it. And here come the red bars on Huobi. Couldn't have timed that better.
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galdur
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November 16, 2015, 12:46:44 AM |
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So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues? Perhaps both? First China dumps and we revisit $275. When they run out inflation takes over again and we're back to $400 before you know it. The dollar has been dying for as long as I remember, or so they´re always saying, but is presently at a 7-year high and looking pretty healthy. The FED will most likely be forced to start hiking rates in the near future which should be good for the greenback. I would imagine that this would be rather bearish for bitcoin. If it is a counter-trade to the dollar like most things that is.
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ChartBuddy
Legendary
Online
Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 16, 2015, 01:01:17 AM |
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wutizurkwest
Member
Offline
Activity: 78
Merit: 10
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November 16, 2015, 01:01:56 AM |
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So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues? Perhaps both? First China dumps and we revisit $275. When they run out inflation takes over again and we're back to $400 before you know it. The dollar has been dying for as long as I remember, or so they´re always saying, but is presently at a 7-year high and looking pretty healthy. The FED will most likely be forced to start hiking rates in the near future which should be good for the greenback. I would imagine that this would be rather bearish for bitcoin. If it is a counter-trade to the dollar like most things that is. Perhaps. Looking at that chart, I can't help but think we're getting close to the other side of the hill. I don't know if the Fed will raise interest rates or not next month, but I suspect they're thinking about more QE. If the world starts dumping USD for Yuan, they won't have to.
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Cconvert2G36
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November 16, 2015, 01:11:57 AM |
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So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues? Perhaps both? First China dumps and we revisit $275. When they run out inflation takes over again and we're back to $400 before you know it. The dollar has been dying for as long as I remember, or so they´re always saying, but is presently at a 7-year high and looking pretty healthy. The FED will most likely be forced to start hiking rates in the near future which should be good for the greenback. I would imagine that this would be rather bearish for bitcoin. If it is a counter-trade to the dollar like most things that is. Perhaps. Looking at that chart, I can't help but think we're getting close to the other side of the hill. I don't know if the Fed will raise interest rates or not next month, but I suspect they're thinking about more QE. If the world starts dumping USD for Yuan, they won't have to.
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galdur
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November 16, 2015, 01:12:07 AM |
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So, will BTC go down because China dumps their hodlings, or will it go up as USD devalues? Perhaps both? First China dumps and we revisit $275. When they run out inflation takes over again and we're back to $400 before you know it. The dollar has been dying for as long as I remember, or so they´re always saying, but is presently at a 7-year high and looking pretty healthy. The FED will most likely be forced to start hiking rates in the near future which should be good for the greenback. I would imagine that this would be rather bearish for bitcoin. If it is a counter-trade to the dollar like most things that is. image Perhaps. Looking at that chart, I can't help but think we're getting close to the other side of the hill. I don't know if the Fed will raise interest rates or not next month, but I suspect they're thinking about more QE. But if the world starts dumping USD for Yuan, they won't have to. They can´t talk for over a year about raising rates because the economy has improved so well and then suddenly start QE4. Or is it 5? Granted, they have mentioned negative rates lately. But that´s Yellen, nobody on Wall St. takes her seriously. Goldman´s man at the NY FED, the real FED, seemed to state the other day that a hike is likely soon.
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galdur
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November 16, 2015, 01:22:48 AM |
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Besides, the FED is leveraged like 80-1. Where´s the tipping point? 100-1? 200-1? They can´t do any QE.
And their Wall St. owners are leveraged to the hilt as well. Everything is marked to market even totally worthless stuff. And there´s lots of that not least on the FED´s books after the last debacle and bailouts.
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