becoin
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Activity: 3431
Merit: 1233
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September 13, 2017, 04:38:51 PM |
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Bear trap is slowly closing. Many thanks for the cheap coins!
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10212
Self-Custody is a right. Say no to"Non-custodial"
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September 13, 2017, 04:45:24 PM |
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I am not really worried but actually annoyed ...
The 5000 USD was within reach and now we are going slowly down and even crashed through the 4000 USD mark I didn't think would happen.
Every time we slowly move up again apparently some whale dumps because we then get one big red candle. This is going on for weeks now.
I think that it is way too fucking early to be panicking like that and making statements of frustration. We have 5 weeks of green candles followed by one week of a red candle. We are currently in the midst of a red weekly candle, o.k... so fucking what? corrections happen, right? Surely too early to figure out whether this week's candle is going to close as red or green - because it appears that the changing point is around $4250... This week's candle could close either red or green... both are within reach... seems to me. Am I pie in the sky about a possible green candle for this week? I doubt it, and even if this week is red, so fucking what, there could thereafter be decent chances for next week's candle to be green, no? And, even if this week's candle and next week's candle is red, so fucking what (again)? I think that you are overstating the case - in your assertion "going on for weeks now?" not even an accurate account of what has been "going on", seems to me.
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Meuh6879
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Activity: 1512
Merit: 1011
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September 13, 2017, 04:50:34 PM |
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shitcoins move up ... now. Bitcoin will follow.
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becoin
Legendary
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Activity: 3431
Merit: 1233
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September 13, 2017, 04:53:49 PM |
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shitcoins move up ... now. Bitcoin will follow.
No. It is always Bitcoin that moves first. Then shitcoins follow. Their move is sharper as their market is thinner giving wrong impression that they move first.
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gembitz
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September 13, 2017, 04:56:18 PM |
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Bear trap is slowly closing. Many thanks for the cheap coins!
even Gavin admits more attention to store of value $1OO,OOO BTCerkshire your majesty
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jojo69
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Activity: 3164
Merit: 4345
diamond-handed zealot
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September 13, 2017, 04:56:19 PM |
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here's the bull trap
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gembitz
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September 13, 2017, 04:58:20 PM |
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shitcoins move up ... now. Bitcoin will follow. EMC2 strange grassroots movement occuring on radarzzz #occupy:btc&emc2
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becoin
Legendary
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Activity: 3431
Merit: 1233
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September 13, 2017, 05:00:40 PM |
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here's the bull trap
We shall see that trap closing at $10k before healthy correction to $5k.
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savetherainforest
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September 13, 2017, 05:01:16 PM |
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Personally I am still bored AF Bored? Put your life savings into Doge Nah - I am bored- unimpressed ,but not suicidal Have some fun with some ICO's.
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10212
Self-Custody is a right. Say no to"Non-custodial"
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September 13, 2017, 05:03:57 PM |
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Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....
A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.
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_javi_
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September 13, 2017, 05:08:34 PM |
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Personally I am still bored AF Bored? Put your life savings into Doge Nah - I am bored- unimpressed ,but not suicidal Have some fun with some ICO's. Still mad about Doge, Bren? it´s a recurring subject for you !! chau!!
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empowering
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Activity: 1078
Merit: 1441
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September 13, 2017, 05:11:07 PM |
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Personally I am still bored AF Bored? Put your life savings into Doge Nah - I am bored- unimpressed ,but not suicidal Have some fun with some ICO's. i am having fun now (Had some serious ICO fun too gotta be said )
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Punisher1314
Member
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Activity: 63
Merit: 10
Smaller fishes can be younger but also smart ;p
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September 13, 2017, 05:15:24 PM |
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Rebound at the following fibo support after the last ATH correction. It's a classic. Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.
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ShroomsKit_Disgrace
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Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
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September 13, 2017, 05:17:45 PM |
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Rebound at the following fibo support after the last ATH correction. It's a classic. Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.
Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic?
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Asrael999
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September 13, 2017, 05:25:08 PM |
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The only thing I hate about when bankers like Dimon start calling the death of Bitcoin is that I have to spend the day listening to all the lovely people I work with tell me what an idiot I am for owning bitcoin. Never mind that I first bought in June 2013
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10212
Self-Custody is a right. Say no to"Non-custodial"
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September 13, 2017, 05:25:55 PM |
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SODL or HODL?
Wrong questions. It's BUYDL or HODL? Hellrow?
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Asrael999
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September 13, 2017, 05:26:15 PM |
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Rebound at the following fibo support after the last ATH correction. It's a classic. Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.
Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic? To optimistic - next wave of Chinese sellers tomorrow
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Punisher1314
Member
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Activity: 63
Merit: 10
Smaller fishes can be younger but also smart ;p
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September 13, 2017, 05:29:41 PM |
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Rebound at the following fibo support after the last ATH correction. It's a classic. Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.
Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic? 4100$ looks good to me, but if we break 4000 we need to see a higher green candle
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ft73
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September 13, 2017, 05:36:39 PM |
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Should do about 4100$ unless bad news come. It can go as high as 4250$, eventually.
Cannot rule out a bull trap though.
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BitcoinNewsMagazine
Legendary
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Activity: 1806
Merit: 1164
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September 13, 2017, 05:46:17 PM |
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Rebound at the following fibo support after the last ATH correction. It's a classic. Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.
Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic? On a daily chart the first Fibonacci resistance level up is $4017 if the bottom is in at $3720. Going the other way next long term Fibonacci support level is at $3136.
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