byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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March 18, 2014, 04:43:03 AM |
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Mega Wall Alert
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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March 18, 2014, 04:43:40 AM |
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Price was set to go down before this significant move tbh Whenever there's no volume on Bitcoin, you can bet the price will go down. do you believe your own generalities? or do you simply make a habit of hindsight rationalizations that make it seem to yourself like you're an infinite spout of wisdom? in the historical data sideways consolidation has been bullish for Bitcoin more often than not.
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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March 18, 2014, 04:44:20 AM |
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maybe unrelated, but the price of btc is slowly declining with the downtime of blockchain.info...nothing drastic obviously, more like a slow bleed...
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TERA
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March 18, 2014, 04:45:02 AM |
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Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it There's also always THIS "never before seen" chart to show too: It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 04:46:00 AM |
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Price was set to go down before this significant move tbh Whenever there's no volume on Bitcoin, you can bet the price will go down. do you believe your own generalities? or do you simply make a habit of hindsight rationalizations that make it seem to yourself like you're an infinite spout of wisdom? in the historical data sideways consolidation has been bullish for Bitcoin more often than not. Because sideways consolidation and close to zero volume are exactly the same thing. Can I pay you for that wisdom please?
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 04:46:40 AM |
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Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it There's also always THIS "never before seen" chart to show too: It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later. The outcome is same
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windjc
Legendary
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Activity: 2156
Merit: 1070
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March 18, 2014, 04:47:09 AM |
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Is anyone considering that a powerful operation is dead set on destroying the value of bitcoin once an for all? International effort would be a piece of cake.
Happy st paddy's
Here's the skinny: 2 out of 3 of the world's superpowers (Russia and China) are against Bitcoin. This leaves only the Unites States left to really support Bitcoin and set an authoritative precedent in the world. Also ,exchanges are dropping like flies. This year Bitcoin is actually experiencing a "reverse adoption" like never before (except maybe 2011) which is outweighing the adoption. The only hope left is that the United States continues to embrace Botcoin and that these exchanges start opening in New York in June. If I see that this is not going to happen then I will be leaving. Tera. Calm down. Do you even listen to yourself sometimes? Russia and China don't lead anything anywhere. They are not world leaders. However, Germany, if they were to start promoting bitcoin would be a world leader, because of their influence in Europe. United Kingdom, same. Saudi Arabia, because of their influence in the Middle East. Hong Kong, because of their influence in Asia. You basically pick the "axis of evil" and act like the fact that these countries (on, noos we left out the bitcoin unfriendly North Korea!) are anti-bitcoin is some sort of game changer. Not only that but you set a deadline of June. Lol. Ok. If you do leave, don't let the door hit you on the way out. But you know, I know, the american people know, and Bob Dole knows you aren't going anywhere.
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arepo
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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March 18, 2014, 04:47:49 AM |
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Price was set to go down before this significant move tbh Whenever there's no volume on Bitcoin, you can bet the price will go down.do you believe your own generalities? or do you simply make a habit of hindsight rationalizations that make it seem to yourself like you're an infinite spout of wisdom? in the historical data sideways consolidation has been bullish for Bitcoin more often than not. Because sideways consolidation and close to zero volume are exactly the same thing. Can I pay you for that wisdom please? then i misunderstood you. all i mean to say is, i don't think the data supports your assertion.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 04:49:45 AM |
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Price was set to go down before this significant move tbh Whenever there's no volume on Bitcoin, you can bet the price will go down.do you believe your own generalities? or do you simply make a habit of hindsight rationalizations that make it seem to yourself like you're an infinite spout of wisdom? in the historical data sideways consolidation has been bullish for Bitcoin more often than not. Because sideways consolidation and close to zero volume are exactly the same thing. Can I pay you for that wisdom please? then i misunderstood you. all i mean to say is, i don't think the data supports your assertion. No volume data certainly does support it. Consolidation with volume not as it's usually accumulation period and probably most bullish stuff.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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March 18, 2014, 04:50:07 AM |
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Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it There's also always THIS "never before seen" chart to show too: It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later. Uh, no. That chart would justify shorting and staying around to buy back at ridiculously low prices.
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Davyd05
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March 18, 2014, 04:51:05 AM |
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a lil more dumping let go sub 600 why not all the bears want to buy coins there lol
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bassclef
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March 18, 2014, 04:53:59 AM |
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Ballsy move there.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 04:54:10 AM |
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Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it There's also always THIS "never before seen" chart to show too: It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later. Uh, no. That chart would justify shorting and staying around to buy back at ridiculously low prices. Well, I doubt many shorters would buy at optimal prices there, it's equivalent of it going to 30-40$ now, people would buy much earlier.
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byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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March 18, 2014, 04:56:33 AM |
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Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it There's also always THIS "never before seen" chart to show too: It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later. Dat 500k candle. God.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 04:58:31 AM |
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Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it There's also always THIS "never before seen" chart to show too: It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later. Dat 500k candle. God. Yeah, hope people who bought there hodled all the way to top.
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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March 18, 2014, 04:58:40 AM |
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Buy when everybody is pessimistic.
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byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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March 18, 2014, 04:59:06 AM |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 04:59:25 AM |
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Buy when everybody is pessimistic.
We might not be there yet but it's close.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 05:00:27 AM |
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That was nice dump.
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arepo
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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March 18, 2014, 05:02:50 AM |
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That was nice dump. caught me by complete surprise, i didn't think the first small move down to $620 was significant at all
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