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poncho32
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January 15, 2015, 04:57:39 PM |
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It's not only bitcoin that's seen carnage this week then. It's a reminder that fiat can be extremely volatile too.
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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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January 15, 2015, 06:05:16 PM |
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They just completely fucked over their export business.
no they dint also is irrelevant is all about imports tell that to swatch. made in china? They are all swiss made and have been since 1983. They use some components from asia, but its all assembled in CH. That's just one example. It's naive to say that the swiss have no exports. Without exports their economy shrinks by more than half. http://www.tradingeconomics.com/switzerland/exports-of-goods-and-services-percent-of-gdp-wb-data.html |
Bro, do you even blockchain?
-E Voorhees
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SmoothCurves
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January 15, 2015, 06:10:35 PM |
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Found this chart today: ---- TARGET CORRECTION/UPDATE using a semilog chart the target for wave 5 is about USD 28,000 semilog is more suited to bitcoin market behavior rather than using arithmetic scale https://www.tradingview.com/v/dHbn7XZ4/ |
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RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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January 15, 2015, 06:22:37 PM |
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Found this chart today: ---- TARGET CORRECTION/UPDATE using a semilog chart the target for wave 5 is about USD 28,000 semilog is more suited to bitcoin market behavior rather than using arithmetic scale https://www.tradingview.com/v/dHbn7XZ4/ Yet another chart that ignores Bitcoin price history before 2013  |
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Tzupy
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Activity: 2170
Merit: 1094
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January 15, 2015, 09:07:59 PM |
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Found this chart today: ---- TARGET CORRECTION/UPDATE using a semilog chart the target for wave 5 is about USD 28,000 semilog is more suited to bitcoin market behavior rather than using arithmetic scale https://www.tradingview.com/v/dHbn7XZ4/ Yet another chart that ignores Bitcoin price history before 2013 Even with the fake 2013 trend, it would take turbo-Willy to reach that high so soon, he must be smoking hallucinogens. I would be pleasantly surprised to be above 500$ by April, but 28k$??? Come on... Oh shit, I closed my short too early again!  |
Sometimes, if it looks too bullish, it's actually bearish
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myself
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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January 15, 2015, 10:08:11 PM |
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They just completely fucked over their export business.
no they dint also is irrelevant is all about imports tell that to swatch. why then bother to sell goods if they can sell painted paper ? just export money and import goods jesus is not hard to understand |
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.
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Pruden
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January 15, 2015, 10:23:07 PM |
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It is a common lie told by the banksters that a country can, like Switzerland, live off the financial sector. Few people know it is the most industrialised country in the world, together with Japan, in terms of industrial GDP per capita. Its industry may be small, like the country, but has a long history and has world leaders in several sectors. |
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JustAnotherSheep
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January 16, 2015, 07:44:49 PM |
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Latest bottom should be followed by triangle consolidation in a case of continuation.
How about a flag?  By my counts at least movements up (and down) have been of corrective structure ever since 152 bottom, which seems to support consolidation scenario here before resumption of bear trend. |
Is it a bull? Is it a bear? No, it's just another sheep.
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bassclef
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January 16, 2015, 07:58:45 PM |
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Latest bottom should be followed by triangle consolidation in a case of continuation.
How about a flag? By my counts at least movements up (and down) have been of corrective structure ever since 152 bottom, which seems to support consolidation scenario here before resumption of bear trend. Probably not as there's a pretty well defined top resistance area that we've been bouncing off of with lower lows since the big crash. |
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masterluc (OP)
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Activity: 938
Merit: 1013
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January 18, 2015, 12:14:19 AM |
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I am worry about price is under both daily and weekly bb, so it may accelerate down. Also I don't like latest bearish weekly macd hook.
Now this is official. Under bb for 2nd time + macd bearish hook  Next support could be found at around 120 (Sept 2013 consolidation) |
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ssmc2
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Activity: 2002
Merit: 1040
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January 18, 2015, 12:35:05 AM |
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Does this nullify your wedge throw-over possibility Luc?
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masterluc (OP)
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Activity: 938
Merit: 1013
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January 18, 2015, 01:05:07 AM |
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I dont know )) 2011 fractal (not mine)  |
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ssmc2
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Activity: 2002
Merit: 1040
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January 18, 2015, 01:07:34 AM |
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Interesting. So basically too soon to tell. Thanks for the reply!
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ronald98
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January 18, 2015, 01:30:22 AM |
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Are you still long because of the Bitstamp thing luc?
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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January 18, 2015, 02:32:26 AM |
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Are you still long because of the Bitstamp thing luc?
Does his post looks like he is long, lol. |
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ronald98
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January 18, 2015, 03:08:57 AM |
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Are you still long because of the Bitstamp thing luc?
Does his post looks like he is long, lol. He said he chose to go long a while ago because of the risk of using Bitstamp. I'm sure he would have traded otherwise. I was wondering if he is prepared to use another exchange because I'm in a similar position and don't really trust any of them. I'm pondering which one with decent liquidity is the least risky. Went out mostly long due to bitstamp incident
Isn't this the opposite of what people usually do? I'd prefer to wait for current levels for long, but yes, risk with bitstamp was high.
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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January 18, 2015, 03:18:12 AM |
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Are you still long because of the Bitstamp thing luc?
Does his post looks like he is long, lol. He said he chose to go long a while ago because of the risk of using Bitstamp. I'm sure he would have traded otherwise. I was wondering if he is prepared to use another exchange because I'm in a similar position and don't really trust any of them. I'm pondering which one with decent liquidity is the least risky. Went out mostly long due to bitstamp incident
Isn't this the opposite of what people usually do? I'd prefer to wait for current levels for long, but yes, risk with bitstamp was high.
Last I knew, he trades on BTC-e, but the spill-over effect from the BS hack is probably what he was waiting for. He may have moved to BS, but Not afaik. Now, with the price well below the Weekly BB and the Weekly MACD hooking down, is not the time to be long. So I doubt he's long more than a small percentage. |
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ronald98
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January 18, 2015, 10:32:19 AM |
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Are you still long because of the Bitstamp thing luc?
Does his post looks like he is long, lol. He said he chose to go long a while ago because of the risk of using Bitstamp. I'm sure he would have traded otherwise. I was wondering if he is prepared to use another exchange because I'm in a similar position and don't really trust any of them. I'm pondering which one with decent liquidity is the least risky. Went out mostly long due to bitstamp incident
Isn't this the opposite of what people usually do? I'd prefer to wait for current levels for long, but yes, risk with bitstamp was high.
Last I knew, he trades on BTC-e, but the spill-over effect from the BS hack is probably what he was waiting for. He may have moved to BS, but Not afaik. Now, with the price well below the Weekly BB and the Weekly MACD hooking down, is not the time to be long. So I doubt he's long more than a small percentage. Considering the price just shot up by $20 it was a good time to be long last night. How come it went up with the Weekly BB and the Weekly MACD hooking down? |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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January 18, 2015, 10:38:35 AM |
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Because bulls are trying to push the price up to close inside weekly BB. That would form pretty bullish candle too.
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