chessnut
Legendary
Offline
Activity: 924
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:34:39 AM |
|
I don't know if we will go lower than 450 (if we go lower at all), instead I think there might be a rally soon ...
+1 the bears are pathetic right now.
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:36:42 AM |
|
Got my bid orders at $432, is this too low??
maybe 448 is better
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2FxMPwzu8j%2F&t=665&c=hPf5wch6y2RB_w) if not 450-460, then 410. thats my take. if 432 gets filled it might leave you high and dry. Well it is based on the last reversal where we had a pullbackn from 100 to 78 100/78=1.28 545/1.28=425 It looks like we are following the same pattern, if we run up slowly to 520 the next couple days, that confirms it further
|
|
|
|
rjp55
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:37:06 AM |
|
April 18 was my date to wait for the latest round of Chinese FUD to clear. Almost ready to start buying again with a close eye on the next round from China. Never been a "should I buy at 480 or wait for 450" kind of guy. Eye on the long term future without leaving myself too vulnerable to short term market panic attacks.
|
|
|
|
TERA
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:37:22 AM |
|
There were once days when the order books were helpful. They looked like this: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fa5GQzvw.png&t=665&c=DsbvIsJn-KgBpg)
|
|
|
|
edwardspitz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:38:08 AM |
|
Here is a clip from the Big Lebowski for your enjoyment while we parse the time and wait for the next dump or hope for some unexpected good news will turn up (= small rise. Are the Chinese good at marketing?). https://www.youtube.com/watch?v=VLR_TDO0FTg To me just seems like a good analogy for the current sentiment. Watch the clip and replace "She" with "Bitcoin". ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin is like a young trophy wife, in the parlance of our times. She needs money man :-)
|
|
|
|
chessnut
Legendary
Offline
Activity: 924
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:39:20 AM |
|
I think the market is waiting for an announcement from Huobi that they just aint gonna get. thinking of resuming long in a few hours.
|
|
|
|
ShroomsKit
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:40:40 AM |
|
Dumping at this point is just a bit...stupid.
Edit: there seems to be some panic in the air. Anouncement incoming?
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:42:11 AM |
|
Dumping at this point is just a bit...stupid.
indeed it is but nobody thinks that the world market is clever, right?
|
|
|
|
edwardspitz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:43:32 AM |
|
Here is a clip from the Big Lebowski for your enjoyment while we parse the time and wait for the next dump or hope for some unexpected good news will turn up (= small rise. Are the Chinese good at marketing?). https://www.youtube.com/watch?v=VLR_TDO0FTg To me just seems like a good analogy for the current sentiment. Watch the clip and replace "She" with "Bitcoin". ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin is like a young trophy wife, in the parlance of our times. She needs money man :-) Oh.. I guess we don't get "the good news" scenario today ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
ShroomsKit
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:44:20 AM |
|
Yup, it's omg panic time.
|
|
|
|
UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:46:37 AM |
|
Just woke up, why it went down again? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
|
|
|
TERA
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:51:32 AM |
|
How about you ask yourself "why did it go up 60%" in the first place?
|
|
|
|
ShroomsKit
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:52:16 AM |
|
Just woke up, why it went down again? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) My guess because of China news that may or may not come. Yes, traders are that retarded. People sell because of a rumour that there might potentially be a new rumour. Doesn't matter if it's positive or not. Just panic and sell. Other option is: omg someone sold 200 coins omg omg he must have China news omg sell sell sell.
|
|
|
|
edwardspitz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:53:05 AM |
|
Just woke up, why it went down again? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) We lowered the price a bit while you were sleeping ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It was a shared effort but we blame the Chinese. We lowered it because no one was buying. Just to get you a bit exited about the new low price ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:57:02 AM |
|
How about you ask yourself "why did it go up 60%" in the first place?
That's exactly what I'm asking myself.
|
|
|
|
UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:58:06 AM |
|
Well, for a long term investor, it is really better to not check the charts and the forum for a half year, just like I did last year. Because this price movements are really silly ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
p0peji
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 11:58:40 AM |
|
This looks like a slow dump, but there has already been way over 1k bid orders eaten away, so eventhough the orderbook looks bullish, this is mega bearish.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2268
Merit: 1799
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
April 18, 2014, 12:00:18 PM |
|
|
|
|
|
zby
Legendary
Offline
Activity: 1592
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 12:04:45 PM |
|
Too many bullish threads. Time for a correction.
But will it be just a correction - or was the run up to 540 a correction of the longer down trend that just resumed its reign?
|
|
|
|
rjp55
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2014, 12:05:25 PM |
|
Well, for a long term investor, it is really better to not check the charts and the forum for a half year, just like I did last year. Because this price movements are really silly ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Day traders are dedicated, I give them that much. I track major bubble movements and overall sentiments, but some stuff I read on here is from 24 hour chart watchers who seem to make decisions and start drawing lines with every $5 fluctuation in price. I could never do that. I just hope they are successful enough to make it worth their while, let alone not lose their shirt. Seems like a sad way to spend a majority of one's time, especially with nice weather on the horizon (here in Canada anyways, I am hoping).
|
|
|
|
|