macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 16, 2013, 09:08:28 PM |
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Attention! Legit TA follows: I DEFINITELY see a triple bottom. THE ONLY WAY IS UP
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Dargumin
Member
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Activity: 107
Merit: 10
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December 16, 2013, 09:08:58 PM |
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Sold at 840...it rebounded back...so quickly rebought at 860. Went for a nap, see the price at 740. Sold again. Buy order at 495. If it doesnt hit in the next couple of days I'm just cashing the rest out on localbitcoins.
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EuroTrash
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December 16, 2013, 09:09:10 PM |
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resistance is building up at bitstamp at 710.
that will make the new low go to 610, I suppose.
mmm.... dead cat bouncing off the stairs again
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emanymton
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December 16, 2013, 09:10:28 PM |
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China going down slowly. Not sure if I should buy back or not Last crash played out over 2 days ( dec5-7 almost in to 8 ) however the low was hit about 24hrs from the first drop.. I sold at 870 had I waited 24 hrs I was laughing got back in much earlier and saved myself some stress but lost future profits. With that being said analyze the information you have.. and find a re-entry point(at a gain and loss) that seems reasonable since I believe you already sold. Either way you need to find a reason why you think the crash slides, drops or ends. Yes I sold at the bottom @650 and would be happy if I only could get my coins back. I had 35 coins before I registered here in the forum. With listening to some people here I panic sold so many times. With a loss of 4 BTC´s. And now I panic sold again because people here were writing it is the end, adam was even crying. So I sold all at the bottom. Looks like its better to move the coins to a wallet and forget the forum here. Just have some patients and you will get your coins back and then some... This is just the first dead cat bounce Agreed. I think the current price is close to the price Bitcoin would have had (following the trendline) if China had never entered the game. Price may get a bit lower, because people always panic a bit more than the situation warrants, but ultimately even if the price dips 100 dollars more, it would mean that all expectations of China will have been bled out of the system. Bitcoin can then continue to grow on with normal expectations restored. I think we still have a ways to go down before all the china money has exited the system... rally started around $120 if i'm not mistaken?
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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December 16, 2013, 09:11:06 PM |
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ok I think we will stay here -+50$ for few hours before the next move, will the price go up/down.... I dont know we will see about it
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RAJSALLIN
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December 16, 2013, 09:11:43 PM |
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definitely going to new lows. so bellow 540 @ Stamp
Discuss.
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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December 16, 2013, 09:12:22 PM |
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already bought, I made 7.44 BTC profit, not bad....
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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December 16, 2013, 09:12:31 PM |
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This thing is testing my resolve not to buy back at a minute loss from the previous averaged sell. Wonder if I just should place a lower buy order and go to bed...
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Spaceman_Spiff
Legendary
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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December 16, 2013, 09:12:54 PM |
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jojo69
Legendary
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Activity: 3318
Merit: 4606
diamond-handed zealot
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December 16, 2013, 09:12:58 PM |
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I think this has another panic down leg in it yet
It's been so gradual so far, I don't even think we've reached the panic stage yet It wasnt gradual at all @btc-e enough with the btc-e there is no money there
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jojo69
Legendary
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Activity: 3318
Merit: 4606
diamond-handed zealot
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December 16, 2013, 09:17:33 PM |
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getting a bad feeling about this
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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December 16, 2013, 09:17:48 PM |
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Very obvious dinosaur pattern on the graph, looks bearish as hell. Looks like the pattern i spotted was spot on. Do i win any bitcoins for predicting the future? This is still my favorite post of the year.
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gandhibt
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December 16, 2013, 09:18:11 PM |
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already bought, I made 7.44 BTC profit, not bad....
I have 10 BTC unrealized profit now
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emanymton
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December 16, 2013, 09:18:23 PM |
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I think this has another panic down leg in it yet
It's been so gradual so far, I don't even think we've reached the panic stage yet It wasnt gradual at all @btc-e I'm talking about gox and btcchina, btc-e is sketchy as fuck as far as I'm concerned...
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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December 16, 2013, 09:19:31 PM |
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I noticed that too around 3600-3700. Guess if that support is not broken, its way up from here.
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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December 16, 2013, 09:19:34 PM |
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I made an interesting observation. If I just held fiat from the morning and didn't do any trade, then bought back about an hour ago, I would have made 10BTC. As it stands now, I only made 3. I look at it as an insurance that I secure BTC at lower price and don't botch the bottom (like I did the previous time, when I didn't place a buy order at 550 and then waited through 650 and 750, expecting a second drop). Still, not making the full potential stings..
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Coma
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December 16, 2013, 09:19:53 PM |
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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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December 16, 2013, 09:19:58 PM |
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getting a bad feeling about this
oh, just now?
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EFS
Staff
Legendary
Online
Activity: 3892
Merit: 2183
Crypto Swap Exchange
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December 16, 2013, 09:20:05 PM |
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Very obvious dinosaur pattern on the graph, looks bearish as hell. Looks like the pattern i spotted was spot on. Do i win any bitcoins for predicting the future? Kudos to this.
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