bitebits
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Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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May 12, 2017, 05:34:24 PM |
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Torque
Legendary
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Activity: 3822
Merit: 5504
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May 12, 2017, 05:34:44 PM |
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Worldwide malware bitcoin ransom attacks.
FUD right on time.  |
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toknormal
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Activity: 3066
Merit: 1188
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May 12, 2017, 05:58:51 PM |
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Markets unaffected.
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savetherainforest
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May 12, 2017, 06:01:05 PM |
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So it's feeling like we're getting close to FUD time, yah? Y'know, the kind of FUD that comes out of left field, the kind that the dumpers use as their supposed "crash" reason.   The Dow seems like it wants to crash... and bitcoins looks like it is gonna explode. That money will try to get into gold, silver, bitcoin and other safe things that can't devalue or lose money.  |
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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May 12, 2017, 06:30:46 PM |
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How do you do it? Use margin? Constantly dump and try to buy back in?
lol, hell no. Money is in the alt game. With all the newbies flowing in, it's like a turkey shoot. My most recent and final foray into altcoinlandia cost me .5 BTC on margin call. Who in their right mind thought ripple would go UP?!?! I'm pretty sure Polo has become self-aware and is just fucking with me. |
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ft73
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May 12, 2017, 06:43:14 PM |
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Heading to 1680$ ( Bitstamp )
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Wekkel
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Activity: 3122
Merit: 1538
yes
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May 12, 2017, 06:45:43 PM |
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RSI is pointless if BTC is about to go in overdrive. The trend is your friend.
Still RSI tells you good things. At least it happened in past. Look what happens after lines.  A bit rude, but what I mean to say with that: - Bitcoin is volatile; you don't get in to pick up pennies but to take an asymmetric bet with limited downside and very high upside
- so you rather add to positions in ferocious downturns than try to time the market for an intermediate top
- if Bitcoin does a 2011/2013 redux, you would miss the best gains
- seeing tops in RSI over the past does not mean knowing beforehand what the top will be (RSI could rise even further)
It is an indicator, but not more than that. If you're in it for the long play (the asymmetric bet) instead of day trading, it would be better to ignore it and just add to your position over time. Best sell indicator: if Bitcoin price doubles in 1 week  RSI seems more useful in a long grind down during (multi-)year downtrends. |
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york780
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May 12, 2017, 06:56:25 PM |
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Please sell your coins because bitcoin will die for sure this time. I will buy your bag. Dont worry about that.
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bitserve
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Activity: 1974
Merit: 1630
Self made HODLER ✓
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May 12, 2017, 07:06:39 PM |
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To buy or not to buy... That's the question.
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smracer
Donator
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Activity: 1065
Merit: 1038
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May 12, 2017, 07:20:27 PM |
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Shake shake shake....
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jaberwock
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Activity: 2996
Merit: 1131
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May 12, 2017, 07:20:55 PM |
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Less than $1700 on Bitstamp. I think now we can call a dip, don't?
What will be the floor?
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droizs
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May 12, 2017, 07:23:43 PM |
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Less than $1700 on Bitstamp. I think now we can call a dip, don't?
What will be the floor?
I think this is the dip, is a 200$ diff in 24h. We can only go one way now... |
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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May 12, 2017, 07:23:58 PM |
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But...my dreams.  |
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Coinnosaurus
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May 12, 2017, 07:24:34 PM |
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Less than $1700 on Bitstamp. I think now we can call a dip, don't?
What will be the floor?
only the god (and york) knows.. |
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ft73
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May 12, 2017, 07:29:26 PM |
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Well the break down from 1750$ with target < 1700$ was not hard to see actually ...
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JayJuanGee
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Activity: 4158
Merit: 12607
Self-Custody is a right. Say no to "non-custodial"
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May 12, 2017, 07:35:02 PM |
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To buy or not to buy... That's the question.
I personally buy incrementally all along the dip; however, I also have additional questions regarding at what price points to inject greater buy amounts - in other words, what is a "buyable dip" Maybe below $1620 and then in $100 increments downwards? |
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ft73
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May 12, 2017, 07:37:12 PM |
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Less than $1700 on Bitstamp. I think now we can call a dip, don't?
What will be the floor?
I think this is the dip, is a 200$ diff in 24h. We can only go one way now... From here it can go to about 1620 - 1630$ if it breaks under 1680 - 1690$: |
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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May 12, 2017, 07:39:32 PM |
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Less than $1700 on Bitstamp. I think now we can call a dip, don't?
What will be the floor?
I think this is the dip, is a 200$ diff in 24h. We can only go one way now... From here it can go to about 1620 - 1630$ if it breaks under 1680 - 1690$:  |
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ft73
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May 12, 2017, 07:43:48 PM |
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Bought some @1679.99$ to ride rebound.
1730$ eventually, but tight stop order.
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kurious
Legendary
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Activity: 2618
Merit: 1749
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May 12, 2017, 07:44:27 PM |
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Less than $1700 on Bitstamp. I think now we can call a dip, don't?
What will be the floor?
I think this is the dip, is a 200$ diff in 24h. We can only go one way now... From here it can go to about 1620 - 1630$ if it breaks under 1680 - 1690$: Perfect! We can only watch.... |
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