Teppino
Full Member
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Activity: 139
Merit: 100
bitcoin hates walls
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:33:26 PM |
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i'm starting to feel a little uncomfortable holding ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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heartastack
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:33:48 PM |
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I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
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ShroomsKit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:35:09 PM |
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What happened to these posts?
"Big money is dying to get in at lower prices" "New people will get in once Bitcoin is affordable again" "Cheap coins!" "Bearwhale will buy back once he can get cheap coins" "I can't wait for the price to go down" "We must hit $xxx before we can go up again Etc.
Month after month i was told that going down was actually a good thing. What happened? Not so good anymore? Even the bears stopped cheering.
Looks like many are giving up. They finally are finding out we won't magically go up after they got their cheap coins. It took em months of cheering for cheap prices to find out.
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Wandererfromthenorth
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:36:02 PM |
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I do know some pro-traders who are looking at 360 for the big move in either direction. We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
Be careful with this, floating above $360 even for a few days doesn't mean that it will not break after. Support is weak for such an important price area.
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ShroomsKit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:36:30 PM |
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I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
And that rocket. Where does the fuel come from exactly?
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touhonoob
Newbie
Offline
Activity: 42
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:36:43 PM |
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I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
buy buy buy I just bought coins worth half of my savings
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btcney
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:39:06 PM |
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350 is bottom
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heartastack
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:40:12 PM |
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I do know some pro-traders who are looking at 360 for the big move in either direction. We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
Be careful with this, floating above $360 even for a few days doesn't mean that it will not break after. Support is weak for such an important price area. I'm pretty conservative, I would like to see 1 month + above 360 and preferably 380 before investing my hard-earned. Not interested in risking everything for a couple of dollars lol
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heartastack
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:41:14 PM |
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I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
And that rocket. Where does the fuel come from exactly? Traders and speculators of course. The same (kinds of) people selling all these god damn coins
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:42:20 PM |
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Idk wtf happened to the dollar in July but things are seriously out of whack since then and its accelerating, am I missing something obvious? (that doesn't come wrapped in tinfoil ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ). (Relevant to thread because significant moves over the last month or so inversely correspond to moves on the dollar index). end of quantitative easing announced, EC bank announced something like $1 trillion money printing... http://www.forbes.com/sites/jonhartley/2014/09/08/draghis-case-for-ecb-quantitative-easing/also Japanese announced similar early in the year in the USA that means interest rates go up so the cost of money goes up so people become more risk averse in the portfolio allocations...
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NotLambchop
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:42:30 PM |
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... I am sure Risto has better things to do than hang out on this thread. He did post this yesterday: https://bitcointalk.org/index.php?topic=400235.msg9059481#msg9059481Unless we make a significant new low (below $266 would qualify), we have just made a multi-month double bottom, an incredibly bullish signal, way more bullish than the 1-month double bottom at $2 in 2011.
As usual, his comments are helpful in keeping me level headed in all of these drops! I know, right? Risto's a man of science, his methods are sound and made clear in his Bitcoinology dissertation, here reproduced in its entirety: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fmediartinnovation.files.wordpress.com%2F2014%2F06%2F1922_prinzhorn-artistry-of-the-mentally-ill_c.jpg%3Fw%3D788&t=663&c=XAs62eLR1RcGIg)
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heartastack
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:46:48 PM |
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... I am sure Risto has better things to do than hang out on this thread. He did post this yesterday: https://bitcointalk.org/index.php?topic=400235.msg9059481#msg9059481Unless we make a significant new low (below $266 would qualify), we have just made a multi-month double bottom, an incredibly bullish signal, way more bullish than the 1-month double bottom at $2 in 2011.
As usual, his comments are helpful in keeping me level headed in all of these drops! I know, right? Risto's a man of science, his methods are sound and made clear in his Bitcoinology dissertation, here reproduced in its entirety: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fmediartinnovation.files.wordpress.com%2F2014%2F06%2F1922_prinzhorn-artistry-of-the-mentally-ill_c.jpg%3Fw%3D788&t=663&c=XAs62eLR1RcGIg) Mrs. Krabappel and Principal Skinner were in the closet making babies, and I saw one of the babies, and then the baby looked at me.
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AirFlame
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:49:57 PM |
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350 is bottom
$340 i bottom. Exacly $339 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if people penetrate this then the hell will break loose
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gerubg
Newbie
Offline
Activity: 6
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:50:30 PM |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:50:36 PM |
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What happened to these posts?
"Big money is dying to get in at lower prices" "New people will get in once Bitcoin is affordable again" "Cheap coins!" "Bearwhale will buy back once he can get cheap coins" "I can't wait for the price to go down" "We must hit $xxx before we can go up again Etc.
Month after month i was told that going down was actually a good thing. What happened? Not so good anymore? Even the bears stopped cheering.
Looks like many are giving up. They finally are finding out we won't magically go up after they got their cheap coins. It took em months of cheering for cheap prices to find out.
you need to think about psychology of markets and people. what you want to see is a bunch of the rats abandon ship, people on the bitcoin foundation board resign and move on to "bigger opportunities"; let new blood flow into the system bitcoin dev's quit and move on to other things which will have the effect of accelerating innovation. those are the signals i look for. that should have already have happened except that the stupid willybot thing really messed up the cycle. so now we get to suffer a little longer. and it is not for sure that btc will be the dominant player however it may be the dominant design which means that it might be doge or something else but not the "brand name" as we think. i want to see some people on the dev side quit and move along, as well as some of the CJ conventions close shop, then gradual price increased couple with higher trading volume and transactional volume, then i will believe in the next move up.
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:51:47 PM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi60.tinypic.com%2F2nakwvq.jpg&t=663&c=KwF0efso_MiF4w) Google trends looks interesting. Look at the 12 month and 90 day period and it don't look very interesting
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AirFlame
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:53:40 PM |
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What happened to these posts?
"Big money is dying to get in at lower prices" "New people will get in once Bitcoin is affordable again" "Cheap coins!" "Bearwhale will buy back once he can get cheap coins" "I can't wait for the price to go down" "We must hit $xxx before we can go up again Etc.
Month after month i was told that going down was actually a good thing. What happened? Not so good anymore? Even the bears stopped cheering.
Looks like many are giving up. They finally are finding out we won't magically go up after they got their cheap coins. It took em months of cheering for cheap prices to find out.
you need to think about psychology of markets and people. what you want to see is a bunch of the rats abandon ship, people on the bitcoin foundation board resign and move on to "bigger opportunities"; let new blood flow into the system bitcoin dev's quit and move on to other things which will have the effect of accelerating innovation. those are the signals i look for. that should have already have happened except that the stupid willybot thing really messed up the cycle. so now we get to suffer a little longer. and it is not for sure that btc will be the dominant player however it may be the dominant design which means that it might be doge or something else but not the "brand name" as we think. i want to see some people on the dev side quit and move along, as well as some of the CJ conventions close shop, then gradual price increased couple with higher trading volume and transactional volume, then i will believe in the next move up. For me access for bots to markets should be shut down ! They only make chaos. One willy start to sell and all willys chaos start.
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MNDan
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:57:11 PM |
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This is definitely starting to feel like blood in the streets. Which reminds me of a saying...
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:57:48 PM |
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Bitcoin immersion cooled mining container ready to rumble... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Richy_T
Legendary
Offline
Activity: 2464
Merit: 2146
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2014, 03:59:24 PM |
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end of quantitative easing announced, EC bank announced something like $1 trillion money printing...
It's not the first time they've announced the end of QE. It's not actually occurred so far. They've painted themselves into a corner.
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