Bitcoin Forum
January 19, 2022, 04:23:17 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 ... 336 »
  Print  
Author Topic: Analysis  (Read 939883 times)
F-bernanke
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
February 16, 2014, 03:50:44 PM
 #1381

266 was broken on btce and mtgox. More than obvious overlap
Good point. Do we know that it was NOT the result of a liquidation (I heard btc-e offers leverage) or a hacked account? I would take it much more seriously then.

I think it was a cascade of forced liquidation trough the MT4 platform.
1642609397
Hero Member
*
Offline Offline

Posts: 1642609397

View Profile Personal Message (Offline)

Ignore
1642609397
Reply with quote  #2

1642609397
Report to moderator
1642609397
Hero Member
*
Offline Offline

Posts: 1642609397

View Profile Personal Message (Offline)

Ignore
1642609397
Reply with quote  #2

1642609397
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1642609397
Hero Member
*
Offline Offline

Posts: 1642609397

View Profile Personal Message (Offline)

Ignore
1642609397
Reply with quote  #2

1642609397
Report to moderator
Pruden
Hero Member
*****
Offline Offline

Activity: 496
Merit: 500

Spanish Bitcoin trader


View Profile
February 16, 2014, 04:55:47 PM
 #1382

Just broke $266, which was the high of wave 3. This is significant for psychological reasons

And yet, in my estimation, and the coming mean-reversion bounces notwithstanding, the bear market in Bitcoin is just getting started

Quote from: masterluc
266 was broken on btce and mtgox. More than obvious overlap

Official bears taking the Gox price and a forced liquidation price in a illiquid market seriously. You can't get more contrarian signs than that.
Igluenza
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
February 17, 2014, 01:20:37 PM
 #1383

Just broke $266, which was the high of wave 3. This is significant for psychological reasons

And yet, in my estimation, and the coming mean-reversion bounces notwithstanding, the bear market in Bitcoin is just getting started

Quote from: masterluc
266 was broken on btce and mtgox. More than obvious overlap

Official bears taking the Gox price and a forced liquidation price in a illiquid market seriously. You can't get more contrarian signs than that.

+1
merkin51
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
February 17, 2014, 01:43:12 PM
 #1384

Just broke $266, which was the high of wave 3. This is significant for psychological reasons

And yet, in my estimation, and the coming mean-reversion bounces notwithstanding, the bear market in Bitcoin is just getting started

Quote from: masterluc
266 was broken on btce and mtgox. More than obvious overlap

Official bears taking the Gox price and a forced liquidation price in a illiquid market seriously. You can't get more contrarian signs than that.

Hmm I do agree, which is a shame as I think there is a lot of good discussion in this thread. Forgetting about the btce incident and the Gox mess, there are still a lot of TA signs pointing to a continued bear market.
fonzie
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Moderator


View Profile
February 17, 2014, 02:50:34 PM
 #1385

Don´t forget Bitfinex(100$), so far 3 out of 4(5) exchanges, wen´t down hard.
If the bitfinex book had been connected to Bitstamp at that time, we might have seen 2-400$ Bitcoins over there too.

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
February 17, 2014, 03:44:32 PM
 #1386

I see some signs of short term reversal (my last pic above plus this one). Of course price performance on mtgox is more than disturbing. So be cautious.


oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
February 17, 2014, 07:50:59 PM
 #1387


2 parallel channels and a sort of speculative trend.

First:



Don't get hung up about the 'red circle' wick. I know it's outside the channel, but you know, parallel channel lends it a bit of extra credibility yadda yadda.

My point being: There's a chance we're going back into the orange channel, which is not quite as terrible as the red one, but slowly grinding downwards. In other words, before declaring this bear market as being over I need to see some more evidence.

Then again:



It's a speculative one, I know. But don't dismiss completely out of hand, 3 pretty clear points of contact, and some decent volume going along with them. This could, perhaps, maybe, just saying, mark the bottom of our correction.

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
windjc
Legendary
*
Offline Offline

Activity: 2156
Merit: 1070


View Profile
February 17, 2014, 08:20:02 PM
 #1388


2 parallel channels and a sort of speculative trend.

First:



Don't get hung up about the 'red circle' wick. I know it's outside the channel, but you know, parallel channel lends it a bit of extra credibility yadda yadda.

My point being: There's a chance we're going back into the orange channel, which is not quite as terrible as the red one, but slowly grinding downwards. In other words, before declaring this bear market as being over I need to see some more evidence.

Then again:



It's a speculative one, I know. But don't dismiss completely out of hand, 3 pretty clear points of contact, and some decent volume going along with them. This could, perhaps, maybe, just saying, mark the bottom of our correction.

These are pretty much my thoughts exactly. However, I do think we are destined to test the 200 SMA on Bitstamp. It sits just over $450 today and will be at $500 within a couple of weeks and $550 in 4-5 weeks or so. So, while I think that long term trendline might tell us something about where we are going in the future, I think we probably break down below it for at least a little bit, unless Stamp can fend off a flash crash over the next 4-5 weeks.
lebing
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000

Enabling the maximal migration


View Profile
February 18, 2014, 07:56:16 AM
 #1389


2 parallel channels and a sort of speculative trend.

First:



Don't get hung up about the 'red circle' wick. I know it's outside the channel, but you know, parallel channel lends it a bit of extra credibility yadda yadda.

My point being: There's a chance we're going back into the orange channel, which is not quite as terrible as the red one, but slowly grinding downwards. In other words, before declaring this bear market as being over I need to see some more evidence.

Then again:



It's a speculative one, I know. But don't dismiss completely out of hand, 3 pretty clear points of contact, and some decent volume going along with them. This could, perhaps, maybe, just saying, mark the bottom of our correction.

These are pretty much my thoughts exactly. However, I do think we are destined to test the 200 SMA on Bitstamp. It sits just over $450 today and will be at $500 within a couple of weeks and $550 in 4-5 weeks or so. So, while I think that long term trendline might tell us something about where we are going in the future, I think we probably break down below it for at least a little bit, unless Stamp can fend off a flash crash over the next 4-5 weeks.

I would be very surprised to see a daily close below 550 on stamp. I agree we could stagnate close here for a little while until we come in contact with the SMA 200 however.

Bro, do you even blockchain?
-E Voorhees
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
February 19, 2014, 04:30:31 PM
 #1390

I can't shake the feeling that we're getting nearer to the end of the consolidation/bear market, but on the other hand it looks to me like we might have a re-test of 600 ahead of us.



Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
BitcoinBarrel
Legendary
*
Offline Offline

Activity: 1652
Merit: 1003


Fill Your Barrel with Bitcoins!


View Profile WWW
February 19, 2014, 05:48:09 PM
 #1391

New Data just in:




        ▄▄▄▄▄▄▄▄▄▄
     ▄██████████████▄
   ▄█████████████████▌
  ▐███████████████████▌
 ▄█████████████████████▄
 ███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
 ██████████████████████▀
 ▀████████████████████▀
  ▀██████████████████
    ▀▀████████████▀▀
.
.....
.....
.....
.....
.....
.....





lebing
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000

Enabling the maximal migration


View Profile
February 19, 2014, 06:56:57 PM
 #1392

New Data just in:



I will see your squiggly lines and raise you

Bro, do you even blockchain?
-E Voorhees
myself
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


chaos is fun...…damental :)


View Profile
February 20, 2014, 07:36:50 AM
 #1393

i made something in log(logarithmic) scale so some of you can think/ponder about it and other to flame about it



info to read if you need to http://www.investopedia.com/terms/f/fibonacciretracement.asp


have a nice day Smiley



doom


Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
February 20, 2014, 07:50:08 AM
 #1394

Yeah, total fuck )) No money from feds, traders withdraw money from weak markets first.

smoothie
Legendary
*
Offline Offline

Activity: 2226
Merit: 1137


KIZEKRA COMICS & LEALANA Silver Monero


View Profile
February 20, 2014, 07:59:35 AM
 #1395

Yeah, total fuck )) No money from feds, traders withdraw money from weak markets first.

Guess everyone can stop using GOX charts now. lol

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
February 20, 2014, 08:39:11 AM
 #1396

Why are we even talking about gox prices still? They don't trade the same currency pair anymore.

The question is, if, or to what extent the other markets will follow. So far I'm pretty surprised by the resilience of stamp price. I still don't see 600 last, tbh.

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
bitcodo
Hero Member
*****
Offline Offline

Activity: 509
Merit: 500

Can't upload avatar


View Profile
February 20, 2014, 08:46:37 AM
 #1397

Why are we even talking about gox prices still? They don't trade the same currency pair anymore.

The question is, if, or to what extent the other markets will follow. So far I'm pretty surprised by the resilience of stamp price. I still don't see 600 last, tbh.

The answer is in your post. You are surprised that stamp is not following gox? If yes, then that means that you give gox price much authority.
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
February 20, 2014, 11:04:47 AM
Last edit: February 20, 2014, 11:15:15 AM by oda.krell
 #1398

Why are we even talking about gox prices still? They don't trade the same currency pair anymore.

The question is, if, or to what extent the other markets will follow. So far I'm pretty surprised by the resilience of stamp price. I still don't see 600 last, tbh.

The answer is in your post. You are surprised that stamp is not following gox? If yes, then that means that you give gox price much authority.

That's a bit of a selective interpretation of what I wrote. I meant, we don't need to talk much about, as in: analyze gox price anymore. It's more or less approaching zero.

However, I didn't say gox price doesn't *matter* anymore. It does matter, although maybe less than I thought, hence: bitstamp still stable.

It's enough to point it how low it is, and then do the detail work on other exchanges to see where we're going, and more importantly, if (and how much) the gox price action is picked up on other exchanges.

EDIT: paraphrased to make my point more clear

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
February 20, 2014, 11:33:25 AM
 #1399

One more remark:

As much as I would hope for Bitstamp and the other markets to remain largely unaffected by gox shenanigans, I don't really consider it possible. Volume on gox (whether it's real or not) just surpassed stamp again, on 24h and 30d scale.



When all of this is over, I sincerely hope gox will be done for finally, but I can't see how stamp will resist the black hole that is stamp price.

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
F-bernanke
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
February 20, 2014, 11:35:08 AM
 #1400

Look at the USD volume (that's what matters), and see that Stamp has higher Volume.
(BTC volume is obviously higher because of the insane low prices).

Also the pure panic inside fort gox causes alot of volume.
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 ... 336 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!