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Author Topic: Analysis  (Read 941375 times)
masterluc (OP)
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August 31, 2013, 03:02:41 PM
 #81

H&S target almost reached.

I didn't believe it will bounce so far from 64 (Initial posted as $100, then rised to 120), while indicators did show 120-160 range  Grin

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ft73
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August 31, 2013, 03:50:30 PM
 #82

Not yet  Grin But close

Ehm ... that way pong may be anything ... even 190-200  Grin
Joking.


I though i was joking   Shocked
Heading to about 160$ short term?
Mad market, i wonder whether Syria plays a role ....

You're very optimistic. The higher it goes the harder it will fall.

Syria  Roll Eyes

Call me optimistic, but 160$ is just about 14$ far from actual top at 146.02$ ... less than 10%.
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August 31, 2013, 10:14:16 PM
 #83

Lucif where are you? masterluc have no idea about bittraiding  Wink
masterluc (OP)
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September 01, 2013, 05:52:50 AM
 #84

Triangles are always hard to predict. But I continue to stay on idea we trace a huge neutral triangle. Like this:



However H&S target suggests a horizontal triangle:



Or even such one:


masterluc (OP)
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September 01, 2013, 06:10:37 AM
 #85

Wave from $64 low wasn't impulsive - too much overlaps. So I consider it is some sort of wxy zig-zag or abc correction. Such strange big correction waves appear only inside triangle.

So if you ask me, is it a start of new bubble - I answer "probably no". Start should be from motive impulse wave.


oda.krell
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September 01, 2013, 11:12:17 AM
Last edit: September 01, 2013, 02:40:44 PM by oda.krell
 #86

Triangles are always hard to predict. But I continue to stay on idea we trace a huge neutral triangle. Like this:

[...]

I can't really see such a total reversal in confidence (and corresponding drying up of buying pressure) which would be necessary to see us fall back below 80 in the near future, but then again, you've been right before with your long-term prognoses. Skeptical as I am about EW theory, you're my favorite evangelist for that subject :D

EDIT: sp

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BrightAnarchist
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September 01, 2013, 01:49:36 PM
Last edit: September 02, 2013, 02:29:34 PM by BrightAnarchist
 #87

Wave from $64 low wasn't impulsive - too much overlaps. So I consider it is some sort of wxy zig-zag or abc correction. Such strange big correction waves appear only inside triangle.

So if you ask me, is it a start of new bubble - I answer "probably no". Start should be from motive impulse wave.



Agreed. Also, it's worth keeping in mind that things still haven't heated up yet in terms of the larger bear market in asset prices across the board. These things take time. But we have a nice impulse down in stocks finally so the larger trend there is down.
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September 01, 2013, 10:09:07 PM
 #88




What interested me was we ran through the previous last high of $135 without any resistance.

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September 02, 2013, 01:36:31 AM
 #89

Not hard when there is someone who wants to run the price up in a low volume scenario
Fiat still rules, despite the mantra

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September 02, 2013, 11:00:55 AM
 #90

Not hard when there is someone who wants to run the price up in a low volume scenario
Fiat still rules, despite the mantra


We get it, you recently went short on bitcoin. Understandable, the price was/is tempting. Buy something nice, and relax.

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September 02, 2013, 12:58:53 PM
 #91

Not hard when there is someone who wants to run the price up in a low volume scenario
Fiat still rules, despite the mantra


I disagree.

Bitcoin > Fiat.

Hence why we are at $140 per bitcoin. Not 140 Bitcoins per dollar.

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chaos is fun...…damental :)


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September 02, 2013, 02:51:40 PM
 #92



is 7 am time to stop the party or keep the party going Ibiza style until 12  ?

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 (OP)
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September 04, 2013, 06:20:09 PM
 #93


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September 04, 2013, 06:31:43 PM
 #94



Not looking good. This is an Illiquid and inneficient market: big spreads, huge slippage for medium volumes, crazy high trading fees, withdrawal issues..

masterluc (OP)
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September 04, 2013, 07:39:14 PM
 #95

Did you noticed? Price drop started on bitstamp first! This was never before like that.

samurai1200
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September 04, 2013, 09:52:54 PM
 #96

Did you noticed? Price drop started on bitstamp first! This was never before like that.

You're absolutely right. I find this odd considering Bitstamp's trade volume hasn't substantially increased the past few months compared to the rest of its recent history.

Hodl for the longest tiem.

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September 05, 2013, 02:34:29 AM
 #97

Did you noticed? Price drop started on bitstamp first! This was never before like that.

Even before bitstamp dumping, someone pumping LTC.

https://bitcointalk.org/index.php?topic=288008.0
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September 05, 2013, 04:30:08 AM
 #98



is 7 am time to stop the party or keep the party going Ibiza style until 12  ?

Mother of god this is just awesome.

oda.krell
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September 05, 2013, 12:03:13 PM
 #99

I trade on bitstamp and try to keep track of this: this is actually the 3rd time in the past 2 months that a trend originated from bitstamp, according to my count. (sorry if I repeat myself, wrote the same in the wall thread).

re: volume. Here's what's really frustrating about bitstamp: lack of market depth. Even for my own, very moderate, trading volume, I suffer way too big slippage. bitamp volume is about 60% of mtgox volume, but the order book in the tradeable range is more like 25% of mtgox. :/

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September 05, 2013, 12:44:48 PM
 #100

Finally some stuff is happening. It's still early though, I don't expect any really big moves until October, which is the usual crash season. S&P is in a short-term rally but when this ends - look out! Bitcoin should follow this time given the size of the moves I expect to unfold in other financial markets
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