Krabby
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https://primedao.eth.link/#/
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July 09, 2014, 08:59:21 PM |
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I agree with moving upward; RSI, Low Volatility & Trend line all say so.
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edwardspitz
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July 09, 2014, 09:00:24 PM Last edit: July 09, 2014, 09:20:11 PM by edwardspitz |
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I'm pretty sure we're going down again within a day or two max. I wish it weren't so, but the market sentiment seems to be dropping again and I'm getting strong vibes here.
I have the same feeling. Another leg down to the $600 $610 area before going up again. Maybe we will see another pump and dump on the Chinese exchanges followed by a dump on Stamp and/or Finex. Edit: Maybe $610 is more likely.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 09, 2014, 09:00:26 PM |
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elux
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July 09, 2014, 09:12:11 PM |
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Ermahgerd Lawsky Bitlicense due "in about two weeks"?
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windjc
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July 09, 2014, 09:33:35 PM |
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Ermahgerd Lawsky Bitlicense due "in about two weeks"? This is a fairly big step in the future of bitcoin. I am optimistic and mildly excited about this milestone.
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Wary
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July 09, 2014, 09:38:41 PM Last edit: July 09, 2014, 10:06:05 PM by Wary |
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I get that but why would it suddenly rise? I can see it happen slowly over time but why is there this idea that sometime soon we'll see an explosion? I don't see a reason for it.
Smooth growth is rational, bubble growth is irrational. People tend to be irrational in the face of fear so we're waiting for a fear-generating event perhaps. Another form of fear is fear to miss the train, aka greed. So some really good news would do as well. EDIT: typo.
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Patel
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July 09, 2014, 09:42:41 PM |
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What if Circle, Winklevoss, Barry Silbert's exchange, Atlas, Pantera, Index, Xapo, Buttercoin, itBit all launch at once? Will we see a tsunami bubble?
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BitChick
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July 09, 2014, 09:45:35 PM |
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What if Circle, Winklevoss, Barry Silbert's exchange, Atlas, Pantera, Index, Xapo, Buttercoin, itBit all launch at once? Will we see a tsunami bubble?
Wasn't there a so called "super bubble" in 2012? It could happen again. What would the price get to this time $100,000? We can only dream!
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BitChick
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July 09, 2014, 09:46:51 PM |
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I get that but why would it suddenly rise? I can see it happen slowly over time but why is there this idea that sometime soon we'll see an explosion? I don't see a reason for it.
Smooth growth is rational, bubble growth is irrational. People tend to be irrational in the face of fear so we're waiting for a fear-generating event perhaps. Another for of fear is fear to miss the train, aka greed. So some really good news would do as well. I think the "fear of missing the train" comes when the price starts to move quickly upwards, hence the reason for the bubbles. All we need is a little push to get it going I believe.
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ChartBuddy
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July 09, 2014, 10:00:25 PM |
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Wary
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July 09, 2014, 10:08:21 PM |
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I get that but why would it suddenly rise? I can see it happen slowly over time but why is there this idea that sometime soon we'll see an explosion? I don't see a reason for it.
Smooth growth is rational, bubble growth is irrational. People tend to be irrational in the face of fear so we're waiting for a fear-generating event perhaps. Another for of fear is fear to miss the train, aka greed. So some really good news would do as well. I think the "fear of missing the train" comes when the price starts to move quickly upwards, hence the reason for the bubbles. All we need is a little push to get it going I believe. OK, so it can't work as initial push. OK, then let's wait for a bad news
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ChartBuddy
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July 09, 2014, 11:00:25 PM |
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hyphymikey
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July 09, 2014, 11:17:18 PM |
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Dear Institutional Investors: Dat Liquidity You can buy 20K BTC average price $675, without pushing the price to $700USD across exchanges. Sounds like a deal to me!
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empowering
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July 09, 2014, 11:18:11 PM |
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minerpumpkin
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July 09, 2014, 11:34:38 PM |
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Cue the wave down... We'll swing between 625 and 618, it seems. Reminds me of the awful times in the realms of 450. But yeah, if this really is just a calm period, we might be in for the next rise..
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Bitcoin_is_here_to_stay
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July 09, 2014, 11:49:49 PM |
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Did you guys notice? We are (again), at the trendline started at the breakout in january 2013, tested when the silk road closed. Again touched when Mt.Gox went down and recently when the TSR coins were sold. I personally think we will break out this small triangle (and above the fibonacci retracement at 654 USD) in the next few days: I think these log trendlines are guaranteed to be broken at some point in the near future (1 week to 1 year). A new trendline will be established. This happens all the time on a micro scale. To maintain that trendline, basically btc would have to have a bubble of epic proportions (money influx-wise) and then only have a protracted bear retracement afterwards. I just don't think the log line is sustainable much longer. +1 My thoughts exactly.
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justusranvier
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July 09, 2014, 11:50:38 PM |
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Reminds me of the awful times in the realms of 450. Reminds me of the awful times in the realms of $10.
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ChartBuddy
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July 10, 2014, 12:00:25 AM |
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Raystonn
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July 10, 2014, 12:02:26 AM |
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It's time to test the strength of our exponential trend line. We should be above $645 on Bitstamp by this time next week. If it happens, trend line strength is confirmed and we're on our way up. If this doesn't happen, bad mojo.
Edit: Meant this time next week, not tomorrow. That's 7/16 at 5PM Pacific.
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Bitcoin_is_here_to_stay
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July 10, 2014, 12:06:35 AM |
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If we don't go up soon i expect some big dumps. For most people there is no point waiting snymore for something that's not gonna happen (in their eyes) They will start selling. This expected rally up is taking too long.
And it is also kinda "too expected".
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