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rampantparanoia
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September 26, 2013, 05:22:37 PM |
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But when everyone's convinced that it will go down because everyone seems to be convinced it will go up, where will it go?
 I was about to post the same gif.  |
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dserrano5
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Activity: 1974
Merit: 1029
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September 26, 2013, 05:32:27 PM |
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But when everyone's convinced that it will go down because everyone seems to be convinced it will go up, where will it go?
I'm not convinced. |
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Ares
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September 26, 2013, 05:43:28 PM |
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Bitcoin will go up...
Once all y'all are convinced it will go down.
and vice versa: it will go down when all are convinced it will go up. That's usually how it works. Can't wait for the drop when paypal announces they will be incorporating Bitcoin. |
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Loozik
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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September 26, 2013, 06:55:22 PM |
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Which charting site allows me to view volume averages? I'd like a 5 and 10 day.
TV has it. In the middle subchart you have 5 and 10 day vol mas.  |
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Walsoraj
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September 26, 2013, 07:11:38 PM |
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Thanks mr. loozik, sir.
Is there a way to focus on, or blow up, the volume averages? That is the only thing I am interested in.
Side-note. WTf, gox is showing ~4000 24hr volume right now. Doesn't that volume indicator usually peak around this time of day on Weds or Thurs? This is sub-weekend level....
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Loozik
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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September 26, 2013, 07:27:25 PM |
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Is there a way to focus on, or blow up, the volume averages? I have no idea what you mean. |
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crazy_rabbit
Legendary
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Activity: 1204
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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September 26, 2013, 07:40:02 PM |
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Thanks mr. loozik, sir.
Is there a way to focus on, or blow up, the volume averages? That is the only thing I am interested in.
Side-note. WTf, gox is showing ~4000 24hr volume right now. Doesn't that volume indicator usually peak around this time of day on Weds or Thurs? This is sub-weekend level....
well, most of the rats I hope are already off the boat. |
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manfred
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Activity: 966
Merit: 1001
Energy is Wealth
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September 26, 2013, 08:39:37 PM |
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Everyone wants Bitcoin to spread so they can sell high after the big jump.
I'm not looking to sell ever. That is my ideal scenario.  |
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TERA
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September 26, 2013, 09:33:18 PM |
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lol this Why you wouldn't at least wait til the morning to see the impact this news makes is beyond me. TA reasons why one might sell: Right now the lower bolly, psar, and ichi cloud are all around $130 on gox and it only takes one 4k btc dump to get there. If that catches on then d1 will quickly cross down too. |
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Ivanhoe
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September 26, 2013, 10:17:30 PM |
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rolling
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September 26, 2013, 10:20:45 PM |
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QuestionAuthority
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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September 26, 2013, 10:31:00 PM |
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Everyone wants Bitcoin to spread so they can sell high after the big jump.
I'm not looking to sell ever. That is my ideal scenario. I guess we're different then. Because I'm not gonna die with em in my pocket.  |
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QuestionAuthority
Legendary
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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September 26, 2013, 10:35:41 PM |
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Everyone wants Bitcoin to spread so they can sell high after the big jump.
I'm not looking to sell ever. That is my ideal scenario. I guess we're different then. Because I'm not gonna die with em in my pocket. Me neither. I just have no intention of swapping them for monopoly money. Bitcoin is money, you don't sell it, you spend it!  If there were hookers & blow available close by for btc then I'd probably agree with you. I'm sure as hell not leavin em to my kids! They can pay for their own blow. lol |
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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September 26, 2013, 11:03:48 PM |
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Everyone wants Bitcoin to spread so they can sell high after the big jump.
I'm not looking to sell ever. That is my ideal scenario. I guess we're different then. Because I'm not gonna die with em in my pocket. Me neither. I just have no intention of swapping them for monopoly money. Bitcoin is money, you don't sell it, you spend it! If there were hookers & blow available close by for btc then I'd probably agree with you. I'm sure as hell not leavin em to my kids! They can pay for their own blow. lol Patience, hoes will wise up Probably but I don't have time for that. 10-15 years from now I won't be worried about hookers and blow. At that point my main concern will be diapers and geritol. |
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TheKoziTwo
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Activity: 1552
Merit: 1047
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September 26, 2013, 11:08:12 PM |
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Anyone who sells a single Bitcoin right now is a complete moron. There is a truly limited supply which doesn't exist anywhere else in the investment world. When the institutional investors get their hands on them, (which they have been unable to do until today) they won't be selling them back to you or putting them on these amateur exchanges. They could easily buy every Bitcoin on all of the exchanges in a couple of days. When the price goes to $1000, it could happen overnight and your tiny $200 ask price will be eaten on the way up. You haven't seen a real whale yet.
Actually, there has been an alternative for a while, namely the Malta-based hedge fund "Exante" (having 80 000 BTC in their storage at the time of the article). However, it is limited to non-us countries. Now that the gates are also open for US, it's a big step for bitcoin. |
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QuestionAuthority
Legendary
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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September 26, 2013, 11:21:54 PM |
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Berlusconi's divorce settlement is what makes hookers so cost effective.
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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September 26, 2013, 11:28:15 PM |
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Actually, there has been an alternative for a while, namely the Malta-based hedge fund "Exante" (having 80 000 BTC in their storage at the time of the article). Current assets under management in the Bitcoin Fund are $3.2 million (80,000 BTC) and there is no performance-based fee. However, the fund charges an annual management fee o.5% of Net Share Value payable monthly in order to provide the sophisticated security and wallet management that one would expect with such large amounts at stake. Hurry till no performance fee is charged |
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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September 26, 2013, 11:31:30 PM |
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Actually, there has been an alternative for a while, namely the Malta-based hedge fund "Exante" (having 80 000 BTC in their storage at the time of the article). Current assets under management in the Bitcoin Fund are $3.2 million (80,000 BTC) and there is no performance-based fee. However, the fund charges an annual management fee o.5% of Net Share Value payable monthly in order to provide the sophisticated security and wallet management that one would expect with such large amounts at stake. Hurry till no performance fee is charged Not sure what you're trying to say. |
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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September 26, 2013, 11:41:51 PM |
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Actually, there has been an alternative for a while, namely the Malta-based hedge fund "Exante" (having 80 000 BTC in their storage at the time of the article). Current assets under management in the Bitcoin Fund are $3.2 million (80,000 BTC) and there is no performance-based fee. However, the fund charges an annual management fee o.5% of Net Share Value payable monthly in order to provide the sophisticated security and wallet management that one would expect with such large amounts at stake. Hurry till no performance fee is charged Not sure what you're trying to say. The hedge fund I traded for charged its clients a 25 - 35% performance fee. 0% performance fee at the Bitcoin Fund SEEMS a good deal. |
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