Wekkel
Legendary
 Offline
Activity: 3108
Merit: 1531
yes
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January 20, 2018, 10:41:51 PM |
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...short this market.
The marriage between 'Bitcoin' and 'shorting' resulted in the word 'REKT'    |
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conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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January 20, 2018, 10:43:19 PM |
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I see the price is rising with declining volume since the recent low of ~$9200
Price going up, volume going down.....
Looking at Bitfinex 6hr chart.
Volume is still quite the double of usual pre-ATH time:  https://data.bitcoinity.org/markets/price_volume/6m/USD?t=lb&vu=currSeems consistent with a consolidation phase. |
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Bloomie
Newbie
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Activity: 84
Merit: 0
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January 20, 2018, 10:43:57 PM |
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samson
Legendary
Offline
Activity: 2097
Merit: 1070
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January 20, 2018, 10:48:28 PM |
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Could well be, just looks a little unusual as it's so pronounced over the last few days. Of course this is Bitcoin and the last few days are far from normal, even by Bitcoin standards... |
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xhomerx10
Legendary
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Activity: 3836
Merit: 8008
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January 20, 2018, 11:08:29 PM |
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Is that a double morningstar on the daily chart? Uber-bullish sign. Hodl on!
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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January 20, 2018, 11:33:05 PM |
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Is that a double morningstar on the daily chart? Uber-bullish sign. Hodl on!
If nothing else, terms like that is why nobody takes chartstrology seriously. |
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J. Cooper
Full Member
Offline
Activity: 294
Merit: 125
Alea iacta est
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January 20, 2018, 11:48:10 PM |
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Legit hoping for lower prices. In the long term the trend is up and I can sustain myself with side business, so low prices just means more coins.
In a sense u would like to see sub-10k bitcoin as well (if I had the funds to buy up more, which I don't). But I'm afraid we won't see a sub-10k bitcoin again. I'm pretty bullish short term. However if we do go sub 10k again we might be in for a longer bearish maket. |
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xhomerx10
Legendary
Offline
Activity: 3836
Merit: 8008
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January 20, 2018, 11:57:28 PM |
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Is that a double morningstar on the daily chart? Uber-bullish sign. Hodl on!
If nothing else, terms like that is why nobody takes chartstrology seriously. I just made that up. I'm pretty sure there's no such thing... Yet. Maybe tomorrow though! |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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January 20, 2018, 11:58:02 PM |
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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January 21, 2018, 12:10:37 AM |
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daily close (UTC) above 12,500
this is very good news
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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January 21, 2018, 12:20:29 AM |
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oh gods
teh crash
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yefi
Legendary
Offline
Activity: 2842
Merit: 1511
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January 21, 2018, 12:28:16 AM |
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In a sense u would like to see sub-10k bitcoin as well (if I had the funds to buy up more, which I don't). But I'm afraid we won't see a sub-10k bitcoin again. I'm pretty bullish short term. However if we do go sub 10k again we might be in for a longer bearish maket.
I recall hearing that in December. We were done, never again they said. Perhaps in casting predictions we should find an iota of modesty... |
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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January 21, 2018, 12:33:43 AM |
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In a sense u would like to see sub-10k bitcoin as well (if I had the funds to buy up more, which I don't). But I'm afraid we won't see a sub-10k bitcoin again. I'm pretty bullish short term. However if we do go sub 10k again we might be in for a longer bearish maket.
I recall hearing that in December. We were done, never again they said. Perhaps in casting predictions we should find an iota of modesty... IOTA it is ALL IN WEEEEEEEEE |
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Ludwig Von
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January 21, 2018, 12:36:07 AM |
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Forgot : Sex and drugs and Rock&Roll... . |
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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January 21, 2018, 01:14:45 AM |
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The smart move going forward is probably to sell certain amounts at predetermined levels, similar to what jbreher does.
Note - I don't so much 'sell certain amounts at predetermined levels', so much as I buy when it goes down, and sell when it goes up. The objective is to capitalize on the volatility. So, yeah - I do 'sell certain amounts at predetermined levels', but if you omit the 'buy certain amounts at predetermined levels', it kinda occludes the entire plan. |
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DaRude
Legendary
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Activity: 2788
Merit: 1815
In order to dump coins one must have coins
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January 21, 2018, 01:25:15 AM |
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Did spam faucet ran dry again? Someone ping Ver for a top up
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 21, 2018, 01:41:27 AM |
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Did spam faucet ran dry again? Someone ping Ver for a top up
Non-segwit transactions declining slightly. Segwit transaction size is through the roof. Maybe a medium size to large player started batching and using Segwit.   |
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 21, 2018, 01:48:25 AM |
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Once the exchanges start using lightning to send BTC between them, it’s game over for many altcoins.
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