gizmoh
Legendary
 Offline
Activity: 1428
Merit: 1000
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June 05, 2014, 09:31:25 AM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 I'm pretty sure it will breach 600. To each his analysis! |
How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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zimmah
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Activity: 1106
Merit: 1005
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June 05, 2014, 09:34:25 AM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 I'm pretty sure it will breach 600. To each his analysis! That would be extremely odd in my books. What makes you think it will breach $600, or even $640 for that matter? Any charts you can show me that back up this claim? Any news that could seriously cause a drop? |
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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June 05, 2014, 11:17:01 AM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 We were below that just 30 hours ago, and we are at $646 right now! You're "pretty sure" that it won't drop 0.9%, EVER? |
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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June 05, 2014, 11:25:33 AM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 We were below that just 30 hours ago, and we are at $646 right now! You're "pretty sure" that it won't drop 0.9%, EVER? I'd give a good 80% chance of it going anywhere +/- $100 from the current price for no other reason than volatility! |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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June 05, 2014, 11:34:13 AM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 We were below that just 30 hours ago, and we are at $646 right now! You're "pretty sure" that it won't drop 0.9%, EVER? I'd give a good 80% chance of it going anywhere +/- $100 from the current price for no other reason than volatility! Agreed! |
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lebing
Legendary
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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June 05, 2014, 12:35:35 PM |
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Lucif - was that green candle you?  |
Bro, do you even blockchain?
-E Voorhees
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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June 05, 2014, 06:58:55 PM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 We were below that just 30 hours ago, and we are at $646 right now! You're "pretty sure" that it won't drop 0.9%, EVER? I'm pretty sure my charts are correct, when i say it won't drop below $640 even though the price at that time is $646, you can trust me i'm not making shit up. I may be proven wrong from time to time, i'm no psychic, but I back up my claims with actual statistical data, and i trust them to be correct most of the time. Has it dropped below $640 yet since i made that statement? I dare even predict that it will not reach sub-$645 anymore. |
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scarsbergholden
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June 05, 2014, 07:04:30 PM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 We were below that just 30 hours ago, and we are at $646 right now! You're "pretty sure" that it won't drop 0.9%, EVER? I'm pretty sure my charts are correct, when i say it won't drop below $640 even though the price at that time is $646, you can trust me i'm not making shit up. I may be proven wrong from time to time, i'm no psychic, but I back up my claims with actual statistical data, and i trust them to be correct most of the time. Has it dropped below $640 yet since i made that statement? I dare even predict that it will not reach sub-$645 anymore. You keep talking about your charts. Why don't you ever post one? Why do you think bitcoin can't possibly drop 1-2% in price? |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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June 05, 2014, 07:16:54 PM |
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650 sell 30% of my bitcoin, waiting for 600..
Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630 We were below that just 30 hours ago, and we are at $646 right now! You're "pretty sure" that it won't drop 0.9%, EVER? I'm pretty sure my charts are correct, when i say it won't drop below $640 even though the price at that time is $646, you can trust me i'm not making shit up. I may be proven wrong from time to time, i'm no psychic, but I back up my claims with actual statistical data, and i trust them to be correct most of the time. Has it dropped below $640 yet since i made that statement? I dare even predict that it will not reach sub-$645 anymore. You keep talking about your charts. Why don't you ever post one? Why do you think bitcoin can't possibly drop 1-2% in price? I have posted some in the past, not often, but still. The reason i say that is because it would break the fib fan and it predicted the min/max price fairly accurately ever since i drew it weeks ago (one fan is older than the next). The likelihood of the fan being broken is pretty small (below 5% in my opinion) therefore it's save to say any values that would significantly go above the maximum value or below the minimum value would be statistically unlikely. And even when it's broken, it seems to recover within a few minutes anyway.  If the fan would be broken it would be most likely broken to the upside. But even that is unlikely to happen within the next couple of days in my opinion. Maybe in a week or two. |
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Bitcoin_is_here_to_stay
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June 05, 2014, 07:19:13 PM |
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As others said, volatility would be enough to take as below $640 - where we were yesterday, btw - so difficult to imagine why some people think it is impossible  As to drop towards $600, here is one chart explaining this possibility https://www.tradingview.com/v/q3nV14D3/ |
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scarsbergholden
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June 05, 2014, 07:23:50 PM |
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Hmm, never really liked to use fib fans or found them particularly useful. But you mentioned this statistical basis earlier, and say less than 5% chance the fan is broken. What is the basis for that statement? @zimmah
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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June 05, 2014, 10:13:04 PM |
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As others said, volatility would be enough to take as below $640 - where we were yesterday, btw - so difficult to imagine why some people think it is impossible As to drop towards $600, here is one chart explaining this possibility https://www.tradingview.com/v/q3nV14D3/That's a lot of divergence to clear, that's for sure |
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ampere9765
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June 05, 2014, 10:34:14 PM |
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As others said, volatility would be enough to take as below $640 - where we were yesterday, btw - so difficult to imagine why some people think it is impossible As to drop towards $600, here is one chart explaining this possibility https://www.tradingview.com/v/q3nV14D3/That's a lot of divergence to clear, that's for sure Thing is we have been seeing bearish divergences at peaks/ during a lot of these consolidation periods in this rally, and yet, bitcoin keeps rising. |
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 05, 2014, 10:44:07 PM |
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How about no.  How about inverted cup and handle? )  |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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StarenseN
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Activity: 2478
Merit: 1362
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June 06, 2014, 08:38:33 AM |
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Here is my take:  watcha thinking about it? |
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devphp
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June 06, 2014, 08:39:47 AM |
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watcha thinking about it?
Bullish. |
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oda.krell
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Activity: 1470
Merit: 1007
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June 06, 2014, 09:39:51 AM |
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Here is my take: watcha thinking about it? Thanks. That gave me the first good chuckle of the day. |
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.
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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June 06, 2014, 11:54:12 AM |
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How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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maxll
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Activity: 1011
Merit: 1006
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June 06, 2014, 12:24:42 PM |
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Excellent. |
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thefiniteidea
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June 06, 2014, 04:22:17 PM |
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I agree. This recent run-up is going to confuse the hell out of all these bulls when it goes the other way.
I really do think this cycle is going to be different.
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