oda.krell
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May 07, 2013, 07:11:06 PM |
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Let's get back on topic maybe? Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.  Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened. No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Crazy
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May 07, 2013, 07:12:43 PM |
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Zuckerberg says people will get bored of Facebook if they don't bring new ideas like bringing Bitcoin to FB
To FB? For what? So I can pay them to show me more useless posts from my friends? |
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 07, 2013, 07:13:26 PM |
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when the charts are flat this forum reminds me of school just a wee bit
I haven't been watching the charts but I think they're likely not that flat. I think Gox is feeding bad data. |
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cedivad
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May 07, 2013, 07:14:00 PM |
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Zuckerberg Palihapitiya says people will get bored of Facebook if they don't bring new ideas like bringing Bitcoin to FB
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telemaco
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May 07, 2013, 07:16:31 PM |
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yes corrected it inmediately. it was said by Zuckerberg's confidant not himself.
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cedivad
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May 07, 2013, 07:17:29 PM |
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yes corrected it inmediately. it was said by Zuckerberg's confidant not himself.
You know, i was so tired to find a point of entry that i was going all in at that very news  |
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phoenix1
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May 07, 2013, 07:17:38 PM |
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Zuckerberg Palihapitiya says people will get bored of Facebook if they don't bring new ideas like bringing Bitcoin to FB
Bitcoin invested Venture Capitalist says ... |
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 07, 2013, 07:18:28 PM |
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when the charts are flat this forum reminds me of school just a wee bit
I haven't been watching the charts but I think they're likely not that flat. I think Gox is feeding bad data. Confirmed. Every dataset retrieved for that hour is identical. I'll have to find a way to flag that. |
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Rampion
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May 07, 2013, 07:18:37 PM |
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Zuckerberg Palihapitiya says people will get bored of Facebook if they don't bring new ideas like bringing Bitcoin to FB
Bitcoin invested Venture Capitalist says ... Yeah, he may be feeding the hype so he can sell higher  |
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 07, 2013, 07:19:16 PM |
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Zuckerberg says people will get bored of Facebook if they don't bring new ideas like bringing Bitcoin to FB
To FB? For what? So I can pay them to show me more useless posts from my friends? What is the going rate for smurfberries in mBTC? |
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Jaques
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May 07, 2013, 07:22:48 PM |
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Get out of your losers quickly and run the winners as long as you dare IMO
Whatever your intended profit is, the stop loss should be considerably less than that.
Anyone agree with this ?
yes, as it is a standard advice for trading ... |
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micalith
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May 07, 2013, 07:24:01 PM |
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when the charts are flat this forum reminds me of school just a wee bit
I haven't been watching the charts but I think they're likely not that flat. I think Gox is feeding bad data. No, Gox is fine. I meant flatish, as in not rising or falling notably. 100-110 limbo cold war calms... |
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KillaMarci
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Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
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May 07, 2013, 07:28:36 PM |
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Let's get back on topic maybe? Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide. Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened. No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks. Oh that one is absolutely beautiful. Wish I had known about this earlier... |
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telemaco
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May 07, 2013, 07:29:03 PM |
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yes corrected it inmediately. it was said by Zuckerberg's confidant not himself.
You know, i was so tired to find a point of entry that i was going all in at that very news Sorry man I took less than a minute to correct the post. I guess I was so impressed by an initial article scan that did not pay attention |
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telemaco
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May 07, 2013, 07:30:56 PM |
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Let's get back on topic maybe? Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide. Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened. No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks. Oh that one is absolutely beautiful. Wish I had known about this earlier... That is a really scary triangle. We could go to seventh heaven or seventh he'll. |
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KillaMarci
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Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
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May 07, 2013, 07:33:44 PM |
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Let's get back on topic maybe?
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Oh that one is absolutely beautiful. Wish I had known about this earlier... That is a really scary triangle. We could go to seventh heaven or seventh he'll. The 11th. day of May shall be known as Bitcoin Doomsday from now on. |
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telemaco
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May 07, 2013, 07:35:23 PM |
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Let's get back on topic maybe?
Like I wrote in SlipperySlope's thread, I think we're at a critical point where two trendlines are about to collide.
Any relevant movement upwards, crossing 120, is evidence that the post-bubble correction trendline is broken, or at least getting weaker. Any sharp decline, 90 or lower, would be evidence that the mid-January growth trendline is no longer valid or weakened.
No idea where we're going from here, but I believe that whatever direction it is will give us a good idea where we're going in the coming weeks.
Oh that one is absolutely beautiful. Wish I had known about this earlier... That is a really scary triangle. We could go to seventh heaven or seventh he'll. The 11th. day of May shall be known as Bitcoin Doomsday from now on. Or maybe the, Mysterious Triangle of the Bitcoin |
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zby
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May 07, 2013, 07:35:36 PM |
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 EDIT: So i was thinking the other day, in a channel like the one above, if the volume is much higher at the lows then at the peaks, that would mean there is more resistance against breaking the lower support line right? Looks like a bearish pennant. |
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phoenix1
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May 07, 2013, 07:37:28 PM |
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Yup. I'm watching these triangles form and agree that they forecast some further consolidation followed by the start/continuation of the next trend Exciting times coming |
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Rampion
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Activity: 1148
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May 07, 2013, 07:39:34 PM |
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yes corrected it inmediately. it was said by Zuckerberg's confidant not himself.
You know, i was so tired to find a point of entry that i was going all in at that very news Sorry man I took less than a minute to correct the post. I guess I was so impressed by an initial article scan that did not pay attention I think he is joking - irony, sarcasm, etc. Anyhow, I've been quite bearish like Cedivad lately - but we have to acknowledge that so many bears in these forums is a bullish signal. Everybody is waiting to buy - which usually means they that already sold what they had to sell... Which is obviously uber-bullish. Next days are very important. If tomorrow we have a rally and we really leave $110 behind with reasonable volume to support the move, I'd say that the capitulation is over and we are at the gates of consolidation phase. Yeah, we may visit again double digits with some big dump/flash crash, but something lower than $70ish would feel unrealistic at this point. I'd therefore take up all my bids - a lot. I'd still not go all in to try to profit from from any crash we may face... I remember with joy the fork, so glad I was ready for it. |
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