molecular
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Activity: 2772
Merit: 1019
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May 09, 2013, 07:25:05 AM |
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Mt.Gox being DDos'd again?
it seems. api hasn't been working for me (http 403 forbidden) since I tried about 20 minutes ago. Now https://mtgox.com says "520 bad gateway". |
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Awhut
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Activity: 28
Merit: 0
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May 09, 2013, 07:26:14 AM |
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I'm awake for other reasons but you should go to sleep. Nothing is happening tonight and possibly tomorrow as well (lol).
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needmorecoins
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Activity: 65
Merit: 10
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May 09, 2013, 07:26:53 AM |
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This does look like a good time to sleep actually.
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molecular
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May 09, 2013, 07:27:04 AM |
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lol, this about says it all. |
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UltimateReaper
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Activity: 56
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May 09, 2013, 07:28:04 AM |
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I'm awake for other reasons but you should go to sleep. Nothing is happening tonight and possibly tomorrow as well (lol).
I'll probably give it 30 more minutes then put a safety limit order and go to bed. I just hope I don't miss anything. lol the market is frozen. |
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HerrDoktor
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Activity: 56
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May 09, 2013, 07:53:56 AM |
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I really miss the days where a gox outage triggered a panic sell off. Stop behaving so rationaly  |
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MickeyT2008
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Activity: 350
Merit: 250
This account was recently hacked
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May 09, 2013, 07:58:04 AM |
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I really miss the days where a gox outage triggered a panic sell off. Stop behaving so rationaly +1, but unfortunately it seems people are getting used to it so aren't prepared to sell me half priced coins  |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 09, 2013, 08:05:51 AM |
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Frozenlock
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May 09, 2013, 08:15:26 AM |
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If I may, I would like to add some of my own analysis. Many "bears" here believe the support line will break under the resistance line, pointing to the 2011 bubble and the long and excruciating crash that followed. (Both lines should collide in the next 2 days, at around $115.) They might be right. Both charts kinda look similar. Let's look again:  Here we see the peak, with the inevitable collapse, the rebound, the second crash... and so on. I think we all know this chart by heart now. Oh wait... Wrong chart. This is our chart:  What the hell did I just show then? The gold "bubble" chart. Here is how it deflated:  Now, obviously the timescales are different. But take a closer look. Observe how the "popping" is similar. And by similar I mean frikking identical.  Everything is in log scale, so what we see really are relative changes. Contrary to gold however, our support is ascending. Notice how both support points occurred at almost the same places.  The full gold chart:  Disclaimer: contrary to 2011, I'm ready to drop a good chunk of my coins at a moment's notice. I will not simply hold all of them and miss a golden opportunity like the one that arose when BTC reached $4. |
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Rampion
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Activity: 1148
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May 09, 2013, 08:20:34 AM |
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Almost no bulls in the frontline ($110 to $112.7), most of them are willing to buy from $100 to $110   |
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Rampion
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May 09, 2013, 08:23:11 AM |
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The similarities really are uncanny. And the part where it's not the same thing... it's a mirror image! Times scales are so different... Tweaking the time scales in that way you can find coincidences in every chart in the world. |
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Frozenlock
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May 09, 2013, 08:27:17 AM |
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Times scales are so different... Tweaking the time scales in that way you can find similarities in every chart in the world.
Corrected that for you. |
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Rampion
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Activity: 1148
Merit: 1018
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May 09, 2013, 08:41:45 AM |
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Times scales are so different... Tweaking the time scales in that way you can find similarities in every chart in the world.
Corrected that for you. Thanks  |
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Its About Sharing
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Activity: 1442
Merit: 1000
Antifragile
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May 09, 2013, 08:42:48 AM |
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I caught up with the last 10 hours or so of this thread. Reading this thread and not looking at a chart of the price would make a person think that BTC lost a ton of value. I look at the chart and it basically hasn't moved.
What gives Bears? LOL
Talk about manipulation, seems like a ton of people trying to get people psychologically to break. The manipulation in the market isn't having much of an effect and neither is it here.
Remember Bears, we are a Black Swan and AntiFragile. See Sig and lots of Love,
Its about Sharing
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molecular
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May 09, 2013, 08:50:02 AM |
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frozenlock: awesome find of cross-market similarity there.
Of course it's true: I once matched btc/usd to the coastline of italy. On the other hand it's also true that the "herd behaviour" of traders repeats itself.
Well, thanks for a bullish picture anyways.
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wachtwoord
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Activity: 2324
Merit: 1125
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May 09, 2013, 09:05:28 AM |
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The similarities really are uncanny. And the part where it's not the same thing... it's a mirror image! Times scales are so different... Tweaking the time scales in that way you can find coincidences in every chart in the world. Welcome to TA  |
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ChartBuddy
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Merit: 1776
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May 09, 2013, 09:05:46 AM |
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Jaques
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May 09, 2013, 09:14:12 AM |
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so, no 106/107$ coins by now?  edit: so I consider my prediction as "failed" (called yesterdays top correctly but not the following low
which I expected between 105 and 107 and which was 108,80) |
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Rampion
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Activity: 1148
Merit: 1018
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May 09, 2013, 09:15:23 AM |
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Kinda love this zen equilibrium Bid ask at $90 is huge, bears would have to use fast tanks and heavy bombers to make it fall  |
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ManBearPig
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May 09, 2013, 09:16:30 AM |
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Didn't check the data, but I'm the only one feeling this is the Wednesday with lowest volume in 2013? We had many weekends with more volume than this.
Update: And the results are in:  6th highest US dollar volume for a Wednesday but only just tops the first couple of Wednesdays in the 5% daily rush we had. Oh and sorry if I'm getting in the way of the action here zzzz.... |
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