|
Newbie1022
|
 |
September 20, 2014, 05:05:59 PM |
|
Yes, it's time to take profit. We are going to get another downdraft. There really is no telling whether it will be shallow or deep. Judging on the alts staying below the trend line, right now, I'd imagine it will be moderate to deep (but probably not below yesterday's low).
I don't think we will go much lower then 410 tbh I was thinking we'd touch up close to 400... honestly there is no telling with the way this s--- is acting, though. I do think it is safe to say that the price will be lower than it is at this very moment within the next hour (and it is already $5 lower than when I first posted a suggestion to take profits in an early post about ten minutes ago). So, yea. But you may very well be right -- totally reasonable assertion. Also, watch the battle at 2550 in China. I think it breaks. If it doesn't, I'm wrong and it is better to know that sooner than later. |
|
|
|
|
Hunyadi
Legendary
 Offline
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
|
|
September 20, 2014, 05:10:15 PM |
|
Shorters are panicking!  |
|
|
|
|
|
Feri22
|
|
September 20, 2014, 05:12:20 PM |
|
grrr F'ing dump tards, stopping our rally, grrrr who am i?  Classic ShroomKit? |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
|
|
September 20, 2014, 05:12:27 PM |
|
Shorters are panicking! looking at the swaps looks like some shorts are covering while others are taking positions, overall shorts appear to be going up. |
|
|
|
|
empowering
Legendary
Offline
Activity: 1092
Merit: 1442
|
|
September 20, 2014, 05:21:18 PM |
|
!!!!!!!!!!!!!!!!
|
|
|
|
|
|
Sandia
|
|
September 20, 2014, 05:24:15 PM |
|
Small 193 coin wall appears, the small guys all dump, wall disappears. Still no confidence in the market.
I am saying bull trap until the guys who dumped us down 400 USD start buying. If I start seeing 1-2k coin buys, I will believe. This is organic buying, but organic buying doesn't control the market.
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
|
|
September 20, 2014, 05:34:11 PM |
|
the selling is definitely organic, tho.
|
|
|
|
|
|
edwardspitz
|
|
September 20, 2014, 05:40:39 PM |
|
Small 193 coin wall appears, the small guys all dump, wall disappears. Still no confidence in the market.
I am saying bull trap until the guys who dumped us down 400 USD start buying. If I start seeing 1-2k coin buys, I will believe. This is organic buying, but organic buying doesn't control the market.
We had a new higher low at $618. Then traders decided it was time to dump taking out much support. If we bounce after this it will be kind of funny imo. |
|
|
|
|
ask
Legendary
Offline
Activity: 1386
Merit: 1004
|
|
September 20, 2014, 05:42:36 PM |
|
Where are all bears today? Yesterday was completely different...
|
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
September 20, 2014, 05:44:12 PM |
|
the selling is definitely organic, tho.
What do you mean by organic?? |
|
|
|
|
empowering
Legendary
Offline
Activity: 1092
Merit: 1442
|
|
September 20, 2014, 05:48:22 PM |
|
the selling is definitely organic, tho.
What do you mean by organic?? Covered in shit |
|
|
|
|
ChartBuddy
Legendary
 Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
September 20, 2014, 05:58:55 PM |
|
|
|
|
|
|
empowering
Legendary
Offline
Activity: 1092
Merit: 1442
|
|
September 20, 2014, 06:26:24 PM |
|
poke.... poke.. did I break the internets? |
|
|
|
|
kurb3l
Newbie
Offline
Activity: 25
Merit: 0
|
|
September 20, 2014, 06:26:55 PM |
|
At least the price went up a bit today, nice opportunity to make some profit while finding the bottom  Has anyone calculated the mass of coins that were dumped in the past days? Sometime soon the dumpers hopefully run out of coins... |
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
September 20, 2014, 06:28:38 PM |
|
My opinion remains the same: at the very least, we revisit $380... More likely, lower.
Still too much selling pressure and not enough buyers. IMO.
|
|
|
|
|
Hunyadi
Legendary
Offline
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
|
|
September 20, 2014, 06:33:23 PM |
|
My opinion remains the same: at the very least, we revisit $380... More likely, lower.
Still too much selling pressure and not enough buyers. IMO.
I don't see it. Maybe I'm TA-blind. |
|
|
|
|
hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
|
|
September 20, 2014, 06:36:57 PM |
|
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
|
|
September 20, 2014, 06:37:14 PM |
|
My opinion remains the same: at the very least, we revisit $380... More likely, lower.
Still too much selling pressure and not enough buyers. IMO.
trader logic: if it went this high it can go that high again and even higher, or if it goes this low it can go that low again and even lower. bitcoin is extremely volatile because it is trader heavily on this kind of logic. so i have to agree with you 380 and maybe even lower, is a strong possibility |
|
|
|
|
|
bassclef
|
|
September 20, 2014, 06:40:18 PM |
|
Sold @ 5.15 (I trade LTC/USD), bought back in this morning.
We could go either way. We could go lower as it is the weekend. On the other hand, sell volume has dropped off as we are pretty heavily oversold. There is strong support at 400.
Depends on if the big boys buy back in or not. Probably a group of traders with deep pockets--it's pretty obvious what they're up to when I see 1000btc market sells. They've made me a lot of coin but, not gonna lie, their tactics won't work forever.
|
|
|
|
|
hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
|
|
September 20, 2014, 06:40:34 PM |
|
My opinion remains the same: at the very least, we revisit $380... More likely, lower.
Still too much selling pressure and not enough buyers. IMO.
trader logic: if it went this high it can go that high again and even higher, or if it goes this low it can go that low again and even lower. bitcoin is extremely volatile because it is trader heavily on this kind of logic. so i have to agree with you 380 and maybe even lower, is a strong possibility i set my bids on stamp between $360 all the way to $260 (prev ATH) i set my bids on btc-e between $260 all the way to $100 (cuz its btc-e) |
|
|
|
|
|
Poll
