akujin
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November 13, 2014, 12:11:16 PM |
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wake up ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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November 13, 2014, 12:11:27 PM |
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Bear Market is Over..I repeat Bear market is Over. Short at your own financial peril ! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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podyx
Legendary
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Activity: 2338
Merit: 1035
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November 13, 2014, 12:11:51 PM |
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Has the bottom been reached?
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Phillis
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November 13, 2014, 12:16:10 PM |
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manfred
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Merit: 1001
Energy is Wealth
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November 13, 2014, 12:17:05 PM |
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Has the bottom been reached?
indeed, on the 5th of October
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dreamspark
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November 13, 2014, 12:17:05 PM |
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Has the bottom been reached?
The bottom was reached a month ago, all the intelligent people who don't stare at charts 24/7 or get bothered by $20 movements loaded up the boat then and are now sitting back with a cigar laughing at all the people trying to trade a market like this, myself included. Trading short term in a market like this is a gamble at best.
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podyx
Legendary
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Merit: 1035
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November 13, 2014, 12:17:40 PM |
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Has the bottom been reached?
indeed, on the 5th of October I mean temporary bitstamp bottom at $412
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LFC_Bitcoin
Legendary
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Activity: 3626
Merit: 10064
#1 VIP Crypto Casino
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November 13, 2014, 12:21:36 PM |
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Back up to $430 on Coindesk
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Phillis
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November 13, 2014, 12:21:39 PM |
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Has the bottom been reached?
indeed, on the 5th of October I mean temporary bitstamp bottom at $412 most likely for the short term. Looks like the bounce is under way ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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oda.krell
Legendary
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Merit: 1007
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November 13, 2014, 12:22:31 PM |
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Glad to see you're finally warming up to technical analysis ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Well, I also created this article and a few others on spirituality, quack remedies, etc. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Looking for" reasons " yet for this one? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Of course. My best guess at the moment is the "three billion hedge fund started trading on our platform" rumor. It is consistent with OKCoin being the leader, leaving even Huobi behind. But it may be TA, indeed: namely people expecting "the next bubble" because of the 5-year WorldCom extrapolation plot and/or analogies with 2011 or 2013. I.e. a case of self-fulfilling prophecy. +1 for being a WP editor. And one day, when you're ready, you will see the (technical) light, and identify the two main drivers of markets (outside fundamentals): momentum, and mean reversion ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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YogoH
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November 13, 2014, 12:30:08 PM |
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China please
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podyx
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Merit: 1035
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November 13, 2014, 12:30:22 PM |
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Here we go!
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LFC_Bitcoin
Legendary
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Activity: 3626
Merit: 10064
#1 VIP Crypto Casino
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November 13, 2014, 12:34:44 PM |
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Has the bottom been reached?
The bottom was reached a month ago, all the intelligent people who don't stare at charts 24/7 or get bothered by $20 movements loaded up the boat then and are now sitting back with a cigar laughing at all the people trying to trade a market like this, myself included. Trading short term in a market like this is a gamble at best. All the charts, EW etc are bull shit. Nobody has a mother fucking clue what's up. HODL and enjoy the ride bitches.
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Davyd05
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November 13, 2014, 12:35:48 PM |
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or that dump was the first bear trap of the bull season? who knows?
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podyx
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Merit: 1035
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November 13, 2014, 12:37:23 PM |
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I think we are gonna consolidate around 440 and move up heavy tomorrow much like 21st may of 2014
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Room101
Sr. Member
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Rules not Rulers
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November 13, 2014, 12:40:08 PM |
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another $50 rise while i sleep would be good bulls. Buy now or forever miss out.
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LFC_Bitcoin
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Merit: 10064
#1 VIP Crypto Casino
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November 13, 2014, 12:42:00 PM |
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oldm8
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November 13, 2014, 12:47:16 PM |
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or that dump was the first bear trap of the bull season? who knows?
Pure speculation this. Or the 7am. UTC dumper who has for months dumped about 1k at this time usually an hour later at weekends. The dumpers timing changed at the end of september by one hour ( daylight savings time in Iran and Egypt). Both countries have cheap electricity - dumper could be mining syndicate. Anyhow the dumper has held back for several days so this mornings dump could just be the backlog of saved coins. Yesterdays Fiat transfers will be reaching Bitstamp around now lunchtime, speculators with their buying shoes on. Anyone notice difficulty logging into Stamp as the dump was in progress? When the dump was over at $415 bitstamp was again properly accessible.
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ShroomsKit
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November 13, 2014, 12:48:05 PM |
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Please raise your hand if you sold at the bottom of that dump. I know many of you traders did.
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