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ShroomsKit_Disgrace
Legendary
Offline
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
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April 04, 2014, 08:37:39 AM |
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Panic!!! Sheeps! I dont trade!! More Panic!! They're just sheeps!! Why why why? (José Mourinho style)
What a useless post from an useless account. Are you impliying that the shroomskit's posts are a valuable source of knowledge???
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TeeBone
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April 04, 2014, 08:39:44 AM |
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You guys are still calling the China bank situation FUD even after btc38 and another Chinese exchange stopped deposits? Are you just going to continue to shout 'FUD' as they drop one by one around you, until there is only one left and you're still saying FUD because there's still that one... Is it because you're listening to Bobby Lee's statements? Bobby Lee is a pumper and a liar.
no because there is nothing to verify any plans of a ban. they just issued demands for compliance with the policy set out in dec 5. but now people are expecting a jan 31st deadline on april 15th So you acknowledge that the PBOC is demanding that the exchanges stop the banking, and that the exchanges are disobeying. How can this possibly be bullish? Your whole case is that that you believe that no enforcement action will ever happen - The PBOC or the chinese government is never going to enforce the demands of PBOC and actually shut down the accounts. Right? That's pretty weak. That was the same story in the last 3 false recoveries. It's like you're just asking for more punishment now. You know that inevitably it's going to happen, and that any recovery or bounce is false because we haven't actually recovered and moved on from Chinese banking influence. I suppose this one last little denial is perfect for a little bounce to fill in the rest of the triangle before it breaks down. How high will this bounce go TERA? I say no higher than 2800, probably 2750. I have trouble with reading the Chinese charts but, if this evolves into a serious bounce rally, Stamp could go anywhere from $500 to $580 with a most likely target of $540, all depending on how much hype there is. Interesting. I don't see this bounce carrying that far. But who knows. I think we get a little more than a 61% retracement on this last drop down and then at least a retest of the lows around $415. What bounce you talkin about ? It's been hovering around here all day, give or take. Could go up to 480 before saturday but it's a no-brainer, easy-money short to the low 400's within the next week. That wall is gonna get bumped, if it's even real.
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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April 04, 2014, 08:40:57 AM |
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One of the real challenges I see is getting people to trade on any US exchange. It isn't happening much now. For an exchange to flourish, they are going to need to give major incentives, imo. Most bitcoiners do not trust the US government, for good reason. I will cheer lead any US exchange that can grab big volume. I just think its going to be a challenge.
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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April 04, 2014, 08:42:24 AM |
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You guys are still calling the China bank situation FUD even after btc38 and another Chinese exchange stopped deposits? Are you just going to continue to shout 'FUD' as they drop one by one around you, until there is only one left and you're still saying FUD because there's still that one... Is it because you're listening to Bobby Lee's statements? Bobby Lee is a pumper and a liar.
no because there is nothing to verify any plans of a ban. they just issued demands for compliance with the policy set out in dec 5. but now people are expecting a jan 31st deadline on april 15th So you acknowledge that the PBOC is demanding that the exchanges stop the banking, and that the exchanges are disobeying. How can this possibly be bullish? Your whole case is that that you believe that no enforcement action will ever happen - The PBOC or the chinese government is never going to enforce the demands of PBOC and actually shut down the accounts. Right? That's pretty weak. That was the same story in the last 3 false recoveries. It's like you're just asking for more punishment now. You know that inevitably it's going to happen, and that any recovery or bounce is false because we haven't actually recovered and moved on from Chinese banking influence. I suppose this one last little denial is perfect for a little bounce to fill in the rest of the triangle before it breaks down. How high will this bounce go TERA? I say no higher than 2800, probably 2750. I have trouble with reading the Chinese charts but, if this evolves into a serious bounce rally, Stamp could go anywhere from $500 to $580 with a most likely target of $540, all depending on how much hype there is. Interesting. I don't see this bounce carrying that far. But who knows. I think we get a little more than a 61% retracement on this last drop down and then at least a retest of the lows around $415. What bounce you talkin about ? It's been hovering around here all day, give or take. Could go up to 480 before saturday but it's a no-brainer, easy money short to the low 400's within the next week. That wall is gonna get bumped, if it's even real. Houbi has bounced 300 off its low. The bounce before that it went up 400. Bitstamp an BFX are not bouncing as much - about 10% off their lows.
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serenitys
Full Member
Offline
Activity: 126
Merit: 101
Be Here Now
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April 04, 2014, 08:43:47 AM |
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For any US folks still awake - what's your call on which camp is apt to be more pro bitcoin, red states with the pro god anarchist anti governmentish up in your business anyway science hating republicans or the anti god pro science pro arts live and let live government up in your business dems? Good luck with that. ETA - I'd trade on a us exchange since I figure I'd have to. Would there be a huge wait time on a transfer outside the us to a us bank? If one site has a better buy rate than another, does it matter where I am - meaning can I use any of them wherever they are in the country or should I be going with us exchanges?
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Nicholas-Carraway
Member
Offline
Activity: 150
Merit: 10
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April 04, 2014, 08:45:54 AM |
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Ascending Triangle...15-min......low volume... larger up volume... must slee
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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April 04, 2014, 08:46:38 AM |
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Ascending Triangle...15-min......low volume... larger up volume... must slee
slee?
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TERA
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April 04, 2014, 08:46:43 AM |
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I know it doesn't look like it's headed to 540 right now but such could be fueled by some big wall-street-related news as always, as well as more anti-china-'FUD' propaganda by exchange owners. Wait for 1D MACD to cross and things get crazy.
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
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April 04, 2014, 08:49:49 AM |
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One of the real challenges I see is getting people to trade on any US exchange. It isn't happening much now. For an exchange to flourish, they are going to need to give major incentives, imo. Most bitcoiners do not trust the US government, for good reason. I will cheer lead any US exchange that can grab big volume. I just think its going to be a challenge. Unfortunately I think you are correct. I'm not going anywhere near a US exchange until I can be sure that it is impenetrable to the NSA-IRS-FBI panopticon dragnet surveillance vampire squid ... and any business that values it's privacy should practice the same. Trust is easy to expend but difficult to win back and in financial matters of confidence, trust is crucial (unless you can replace with crypto ).
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Nicholas-Carraway
Member
Offline
Activity: 150
Merit: 10
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April 04, 2014, 08:49:57 AM |
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Ascending Triangle...15-min......low volume... larger up volume... must slee
sleep? p.
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dreamspark
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April 04, 2014, 08:53:39 AM |
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What if April 15th rolls around and nothing happens just like the last deadlines that have trickled out of China. Its hardly ridiculous to think that while everyone sits around waiting for China news to drop the price again it generally creeps upwards leading to a couple of weeks of super worried bears
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TeeBone
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April 04, 2014, 08:54:26 AM |
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You guys are still calling the China bank situation FUD even after btc38 and another Chinese exchange stopped deposits? Are you just going to continue to shout 'FUD' as they drop one by one around you, until there is only one left and you're still saying FUD because there's still that one... Is it because you're listening to Bobby Lee's statements? Bobby Lee is a pumper and a liar.
no because there is nothing to verify any plans of a ban. they just issued demands for compliance with the policy set out in dec 5. but now people are expecting a jan 31st deadline on april 15th So you acknowledge that the PBOC is demanding that the exchanges stop the banking, and that the exchanges are disobeying. How can this possibly be bullish? Your whole case is that that you believe that no enforcement action will ever happen - The PBOC or the chinese government is never going to enforce the demands of PBOC and actually shut down the accounts. Right? That's pretty weak. That was the same story in the last 3 false recoveries. It's like you're just asking for more punishment now. You know that inevitably it's going to happen, and that any recovery or bounce is false because we haven't actually recovered and moved on from Chinese banking influence. I suppose this one last little denial is perfect for a little bounce to fill in the rest of the triangle before it breaks down. How high will this bounce go TERA? I say no higher than 2800, probably 2750. I have trouble with reading the Chinese charts but, if this evolves into a serious bounce rally, Stamp could go anywhere from $500 to $580 with a most likely target of $540, all depending on how much hype there is. Interesting. I don't see this bounce carrying that far. But who knows. I think we get a little more than a 61% retracement on this last drop down and then at least a retest of the lows around $415. What bounce you talkin about ? It's been hovering around here all day, give or take. Could go up to 480 before saturday but it's a no-brainer, easy money short to the low 400's within the next week. That wall is gonna get bumped, if it's even real. Houbi has bounced 300 off its low. The bounce before that it went up 400. Bitstamp an BFX are not bouncing as much - about 10% off their lows. Since your waiting at 405, im curious - What would be your strategy if that wall gets eaten ?
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JorgeStolfi
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April 04, 2014, 08:54:29 AM |
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If bitcoins will be treated as goods in the US, will the sale of bitcoins by exchanges be subject to state sales tax?
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ShroomsKit
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April 04, 2014, 08:55:46 AM |
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What if April 15th rolls around and nothing happens just like the last deadlines that have trickled out of China. Its hardly ridiculous to think that while everyone sits around waiting for China news to drop the price again it generally creeps upwards leading to a couple of weeks of super worried bears
Rumour - we go down 100's. Good news - we go up 20 dollars.
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TeeBone
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April 04, 2014, 08:58:27 AM |
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If bitcoins will be treated as goods in the US, will the sale of bitcoins by exchanges be subject to state sales tax?
I'd say yes, that would be implemented at some point. But you'd only have to pay the tax if you lived in the state(s) where the exchange (or it's offices, etc) is located. Out of staters would be exempt.
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silverfuture
Legendary
Offline
Activity: 947
Merit: 1008
central banking = outdated protocol
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April 04, 2014, 08:59:06 AM |
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dreamspark
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April 04, 2014, 09:02:19 AM |
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What if April 15th rolls around and nothing happens just like the last deadlines that have trickled out of China. Its hardly ridiculous to think that while everyone sits around waiting for China news to drop the price again it generally creeps upwards leading to a couple of weeks of super worried bears
Rumour - we go down 100's. Good news - we go up 20 dollars. And in the interim we could easily go up $100 just waiting...
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TERA
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April 04, 2014, 09:03:35 AM |
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What if April 15th rolls around and nothing happens just like the last deadlines that have trickled out of China. Its hardly ridiculous to think that while everyone sits around waiting for China news to drop the price again it generally creeps upwards leading to a couple of weeks of super worried bears
Rumour - we go down 100's. Good news - we go up 20 dollars. And in the interim we could easily go up $100 just waiting... Good think I have trading indicators to tell me what to do.
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tailor
Member
Offline
Activity: 66
Merit: 10
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April 04, 2014, 09:07:02 AM |
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...because I'm not quite that bright.
You ever done that? Ok then. I stand by my statement. Learn quicker, it can be done.
Pro tip #2...rely on your intuition, after learning to well hone its snap judgements.... “The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.” -Einstein
Unsolicited Pro tips backed by BS stories and BS miss-attributed quotes reveal how bright you are. No need to state the obvious.
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