arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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January 08, 2014, 06:23:57 AM |
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We are going up. Don't ever watch short term btc charts unless you are a day trader. Open a chart to see at least 2 months and you'll see what I'm talking about,
I prefer the all-time log chart. It is my pillar of strength during times of uncertainty. That's interesting. Would you, at the time, have also drawn strength out of the following alltime log chart?  Probably, although it's hard to say objectively because I didn't learn about Bitcoin until about a year ago. . Unless I'd thought that Bitcoin was failing, the crash from the Jun 2011 would have seemed no further off the mean than its peak was and would indicate an eventual return, as exponential growth is inherent with Bitcoin until adoption tapers off. the problem being, that no one knew that the bolded was true. that was only demonstrated to be true in the years following. |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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jballs
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January 08, 2014, 06:30:14 AM |
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Sure looks to me like a wave three with the correction underway.
Means we will take out the dec 17 low to complete wave four, and then fifth wave to new highs
Check out the volume on btc china.
Consensus here seems to be they are working around the ban but the exchange activity would suggest otherwise they had a couple sub-1000 total vol days. That is grim.
My guess is one more round of bad news from somewhere to take us down and then load the boat.
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disclaimer201
Legendary
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Activity: 1526
Merit: 1001
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January 08, 2014, 08:22:39 AM |
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Chinese bad news = manipulation. Let them sabotage their own economy, fine by me. I just don't believe they want to be left out of a billion dollar market.
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segeln
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January 08, 2014, 11:14:22 AM |
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it is going up again  |
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Bobsurplus (OP)
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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January 08, 2014, 04:25:34 PM |
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Now its coming back down
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segeln
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January 08, 2014, 04:28:27 PM |
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 bouncing up and down |
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chesthing
Legendary
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Activity: 1414
Merit: 1000
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January 08, 2014, 04:50:15 PM |
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We should all make a deal - no posts exclaiming "look it's rising!" or "holy crap it's going down!" unless the price moves at least $100 in a couple hours. Otherwise all we have is wasted key strokes and cyberjunk.
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arepo
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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January 08, 2014, 06:03:50 PM |
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 https://i.imgur.com/rUiwfxA.pngwe're consolidating again, we're not going to break out of the bounds of the triangle for another (approx.) 12 hours... also, just a heads up, after that we'll be breaking upwards  --arepo |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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T.Stuart
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January 08, 2014, 06:19:07 PM |
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https://i.imgur.com/rUiwfxA.pngwe're consolidating again, we're not going to break out of the bounds of the triangle for another (approx.) 12 hours... also, just a heads up, after that we'll be breaking upwards --arepo What makes you say this Arepo? |
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arepo
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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January 08, 2014, 06:23:16 PM |
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https://i.imgur.com/rUiwfxA.pngwe're consolidating again, we're not going to break out of the bounds of the triangle for another (approx.) 12 hours... also, just a heads up, after that we'll be breaking upwards --arepo What makes you say this Arepo? a fuller argument was presented here yesterday. |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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segeln
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January 08, 2014, 06:41:20 PM |
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a fuller argument was presented here yesterday. Arepo: calling the short-term bottom here -- we will likely not see prices below $859/$765 (gox/stamp) for the next 3 - 5 days*. I agree |
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