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Author Topic: Analysis  (Read 939885 times)
hdbuck
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September 23, 2014, 10:21:00 PM
 #1881

Don't hurry to bury hehe ;-)

i have to admit that i don't know what you mean with this sentence?=)

thats on purpose. he is never wrong. ^^
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h3speros
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September 23, 2014, 10:26:17 PM
 #1882

Don't hurry to bury hehe ;-)

i have to admit that i don't know what you mean with this sentence?=)

thats on purpose. he is never wrong. ^^

based on sentences that i do understand, he has made some very good calls

only crypto market predictions, no bullshit https://twitter.com/h3speros
windjc
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September 23, 2014, 10:32:36 PM
 #1883

Don't hurry to bury hehe ;-)

My interpretation is that he is simply saying that the market is in no hurry to drop below the weekly lower BB and thus "bury" the market.

I dont necessarily interpret this to mean its not going to happen. Just that, its not in a hurry to today.
vanobe
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September 23, 2014, 11:05:40 PM
 #1884

Do you think bitcoin's still going down in the long run then?
Wary
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September 23, 2014, 11:28:06 PM
 #1885

Don't hurry to bury hehe ;-)
My interpretation is that he is simply saying that the market is in no hurry to drop below the weekly lower BB and thus "bury" the market.
I dont necessarily interpret this to mean its not going to happen. Just that, its not in a hurry to today.
My interpretation is that he was probably answering to "how're there Lucif's shorts i wonder.... Huh Kiss both of them...." and the answer probably means "Don't hurry to bury me, I'm not hurt by the shorts". Which, in turn can mean that
a) either shorts were small or that
b) he had covered them or that
c) market will still go down, just wait.

Pick your version.  Smiley

Fairplay medal of dnaleor's trading simulator. Smiley
lebing
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September 23, 2014, 11:56:52 PM
 #1886

language analysis never ends

Bro, do you even blockchain?
-E Voorhees
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September 24, 2014, 12:04:05 AM
 #1887

I'll wait to come back to this thread when the next surge happens. The master is good at callin' those tops.  Grin
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September 24, 2014, 12:07:31 AM
 #1888

Don't hurry to bury hehe ;-)
My interpretation is that he is simply saying that the market is in no hurry to drop below the weekly lower BB and thus "bury" the market.
I dont necessarily interpret this to mean its not going to happen. Just that, its not in a hurry to today.
My interpretation is that he was probably answering to "how're there Lucif's shorts i wonder.... Huh Kiss both of them...." and the answer probably means "Don't hurry to bury me, I'm not hurt by the shorts". Which, in turn can mean that
a) either shorts were small or that
b) he had covered them or that
c) market will still go down, just wait.

Pick your version.  Smiley

It looks like "Don't hurry to bury", "market will still go down, just wait" (to me) ... , but I did not pick that version. :-) (Maybe, it is good, but I'm not day trader.)
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September 24, 2014, 01:00:43 AM
 #1889

language analysis never ends
  Grin

Fairplay medal of dnaleor's trading simulator. Smiley
Void_80
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September 24, 2014, 04:22:13 AM
 #1890

language analysis never ends
It's d) option :
 I wounded by my shorts, although still alive in hospital on terminal support... Angry
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September 24, 2014, 09:09:39 AM
 #1891

I think a lot of people in here are under the misconception that closing price is completely uninformative in a market that is traded 24/7. It is not.

It might carry a bit less weight ...

I guess much less weight, if any, but who knows!? Nobody, since this is the first real 24/7 market on the planet.
helluvaname
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September 24, 2014, 01:53:39 PM
 #1892

Don't hurry to bury hehe ;-)

the meaning of this phrase is crystal clear to anyone who speaks russian.
but I will leave the explanation to the topic starter, in case he cares to explain it himself
kehtolo
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September 24, 2014, 02:29:42 PM
 #1893

Quick bit of searching and i think I know what he means.. and of course, i also think he is right.

It will go down, but it's not in a hurry.. more to the upside for now before it does actually go down.

1st para here kinda gives the game away.. http://www.elliottwave.com/freeupdates/archives/2011/01/24/Forex-Don-t-Rush-to-Bury-The-U.S.-Dollar.aspx#axzz3EF9GsIFM

The next 24 hours are critical!
masterluc
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September 24, 2014, 05:12:08 PM
 #1894

While I almost burried the price, daily macd made a bullish divergence (rsi also) . So I said don't hurry to bury =)



And potentially hidden weekly div (if some weekly reversal occurs here).



So bull/bear is 50/50 for me now.

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September 24, 2014, 06:38:13 PM
Last edit: September 24, 2014, 07:11:16 PM by thefiniteidea
 #1895

Should see some support here...

$378.78 (price) x 13.28 million (total BTC in circulation) = $5.03 billion mkt cap - Support at round numbers






Looks like we saw that support hold out pretty well... Let's see if that resistance at $453 is enough to suppress the price in bound...



4 HOUR CHART...



I'm still very bearish on Bitcoin long term. The Fed is on course to make high-risk investments look relatively unattractive with these looming rate increases. Take a look at the charts for DDD for example... a 3D Printing company worth $5 billion (like BTC) that follows a very similar investment/trading pattern as bitcoin. It lost 50% since it's Dec/Jan high (like BTC) --  same time Fed announced it would begin tapering. Also, all of these high-risk investments are on the cusp of breaking significantly lower, and timed nicely with the end of QE in October/November...

The Fed's control over money is very strong and permeates throughout the entire financial world, with tentacles that influence every investment... including our dear bitcoin.

jaredboice
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September 24, 2014, 07:26:33 PM
 #1896

"The Fed's control over money is very strong and permeates throughout the entire financial world, with tentacles that influence every investment... including our dear bitcoin."

They can't control Bitcoin in the same way that they can traditional markets.  Their manipulation techniques are much more limited.  It is for this reason, and precisely because of their "tentacles that influence every investment" that the masses will eventually flock to Bitcoin.  Why stay aboard a sinking titanic when you can hop on a rocket that has had over a hundred thousand percent gains in 5 years?
sgbett
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September 24, 2014, 07:36:15 PM
 #1897

Off the support, I suspect we'll trend slowly lower within the .5 bounds for a few weeks before dropping further into the lower bounds...





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JustAnotherSheep
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September 24, 2014, 07:40:44 PM
 #1898

While I almost burried the price, daily macd made a bullish divergence (rsi also) . So I said don't hurry to bury =)

And potentially hidden weekly div (if some weekly reversal occurs here).

So bull/bear is 50/50 for me now.
I am also a bit puzzled by this div as I feel the bottom is far from in yet. Especially since it's on daily, which intuitively should signal at least a mid-long term trend reversal like in April this year.



However, I see that in 2011 it took 4(!) concurrent daily bull divs before the bear market was broken.



Who knows, maybe there is hope for more falling knives still Smiley


Is it a bull? Is it a bear? No, it's just another sheep.
thefiniteidea
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September 24, 2014, 07:43:28 PM
 #1899

"The Fed's control over money is very strong and permeates throughout the entire financial world, with tentacles that influence every investment... including our dear bitcoin."

They can't control Bitcoin in the same way that they can traditional markets.  Their manipulation techniques are much more limited.  It is for this reason, and precisely because of their "tentacles that influence every investment" that the masses will eventually flock to Bitcoin.  Why stay aboard a sinking titanic when you can hop on a rocket that has had over a hundred thousand percent gains in 5 years?

Key word I think is "eventually"... but not yet IMO.

The price of Bitcoin can be influenced by the Fed.

The code (monetary policy / technology) is not so easily influenced.

What you're referring to I think is the code. What I'm referring to is the price.

Tzupy
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September 24, 2014, 08:09:10 PM
 #1900

...
I am also a bit puzzled by this div as I feel the bottom is far from in yet. Especially since it's on daily, which intuitively should signal at least a mid-long term trend reversal like in April this year.



However, I see that in 2011 it took 4(!) concurrent daily bull divs before the bear market was broken.



Who knows, maybe there is hope for more falling knives still Smiley


I hope this bear market won't further unfold like 2011, not only because the price might fall below 200$, but also because it could last another 5 - 6 months, and I'm bored of it.

Sometimes, if it looks too bullish, it's actually bearish
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