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dasein
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November 15, 2013, 05:13:42 PM |
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holy shit here comes the crash:  How is people moving around bitcoins an indication for a crash?  |
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CryptStorm
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November 15, 2013, 05:14:51 PM |
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Hey guys, just thinking back to a bunch of the posts from May/June...
Which part of capitulation are we in now?
I believe we are at the part that still seeks new ATHs (almost daily) and doesn't yet surrender =>> not capitulation yet. |
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CryptStorm
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November 15, 2013, 05:16:05 PM |
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Hey guys, just thinking back to a bunch of the posts from May/June...
Which part of capitulation are we in now?
I believe we are at the part that still seeks new ATHs (almost daily) and doesn't yet surrender =>> not capitulation yet. Wait, were you just joshing us?  |
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adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 15, 2013, 05:25:07 PM |
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the bull is still very much alive. i think the rise might start accelerating now. ( as crazy as that sounds we will be going even more vertical )
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Richy_T
Legendary
Offline
Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 15, 2013, 05:27:18 PM |
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Who needs cable?
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TERA
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November 15, 2013, 05:40:21 PM |
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My case for a crash, or large correction:
1. We have not yet seen a correction to the 1D long ema. This happens multiple times during each bubble.
2. There is a bearish wedge on the chart since the ATH break.
3. The volume and percentage gain on each breakout keeps getting successively lower. Volume is very low now.
4. A huge amount of coins were transferred today. This can be indicative of sellers transferring to exchanges. So far it has been good at predicting each correction.
5. There is virtually no ask depth now anywhere, and now when any amount is added there is a panic.
6. Bid depths are not increasing at a rate proportional to the price movement. Bitstamp has stopped gaining at all since 2 weeks ago. It is dropping actually.
The low percentage up movements don't seem to be worth the risk now.
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mrm0
Member
Offline
Activity: 89
Merit: 10
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November 15, 2013, 05:40:33 PM |
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Hey guys, just thinking back to a bunch of the posts from May/June...
Which part of capitulation are we in now?
Surely you misread, they must have meant catapultation   |
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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November 15, 2013, 05:42:42 PM |
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the bull is still very much alive. i think the rise might start accelerating now. ( as crazy as that sounds we will be going even more vertical )
bull? LOL i think we have a wild//^ FIRE BTCREATHING DRAGON!!!*jmho!*  /\WEEEEEEEEEEEEEEE |
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Richy_T
Legendary
Offline
Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 15, 2013, 05:49:45 PM |
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Hey guys, just thinking back to a bunch of the posts from May/June...
Which part of capitulation are we in now?
Surely you misread, they must have meant catapultation To da moon!  |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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November 15, 2013, 05:50:22 PM |
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the bull is still very much alive. i think the rise might start accelerating now. ( as crazy as that sounds we will be going even more vertical )
im scared. someone hold me. |
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CryptStorm
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November 15, 2013, 05:51:46 PM |
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the bull is still very much alive. i think the rise might start accelerating now. ( as crazy as that sounds we will be going even more vertical )
bull? LOL i think we have a wild//^ FIRE BTCREATHING DRAGON!!!*jmho!* /\WEEEEEEEEEEEEEEE +1 NomNomHaHa. |
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TERA
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November 15, 2013, 05:53:18 PM |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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November 15, 2013, 05:57:05 PM |
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At least 300,000 btc transaction more since previous days:  The rally is now advancing painfully on low volumes since 2 days, coins are moving on blockchain, btc ammo incoming on exchange, red fireworks in the coming days.. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 15, 2013, 06:02:04 PM |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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November 15, 2013, 06:02:30 PM |
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At least 300,000 btc transaction more since previous days: The rally is now advancing painfully on low volumes since 2 days, coins are moving on blockchain, btc ammo incoming on exchange, red fireworks in the coming days.. Interesting hypothesis... but you must be looking at usd exchanges only. china is still increasing and they seem to be giving 0 fucks about low volume in usd http://data.bitcoinity.org/#caaaabdgaa |
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jojo69
Legendary
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Activity: 3164
Merit: 4345
diamond-handed zealot
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November 15, 2013, 06:06:26 PM |
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OKguys, I have to get off the computer
I want to see 500 by tomorrow so get after it k
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NewLiberty
Legendary
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 15, 2013, 06:37:58 PM |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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November 15, 2013, 06:40:53 PM |
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At least 300,000 btc transaction more since previous days: The rally is now advancing painfully on low volumes since 2 days, coins are moving on blockchain, btc ammo incoming on exchange, red fireworks in the coming days.. Hm... the previous big movement fits last Saturday dip to 300$. This could really mean something. |
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