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ineededausername (OP)
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November 29, 2011, 02:16:20 PM
Last edit: December 07, 2011, 02:06:21 PM by ineededausername |
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 Price is going to go DOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOWN soon. or it's a real reversal? edit: REAL REVERSAL GUYS BUY BUY BUYIF YOU BUY THIS SHIT YOU WILL BECOME A MILLIONAIRE AND EVERYTHING WILL BE NICE AND RAINBOWS WILL POP UP AND YOU WILL BUY A MANSION AND A JET WITH THE PROFITS |
(BFL)^2 < 0
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Cluster2k
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Activity: 1692
Merit: 1018
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November 29, 2011, 02:22:58 PM |
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Let's wait a few more days before declaring the decline as being over. We have seen rapid price increases before that didn't last more than a few days before being attacked by sellers. Right now the price is volatile with thousands of bitcoins being traded every minute. Very interesting activity, and very profitable. I'm hoping it goes higher and keeps up its volatility.
Someone transfered 466,000btc a few minutes ago too. Probably an exchange moving bitcoins, but such activity is still not the norm.
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Bigpiggy01
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November 29, 2011, 02:39:15 PM |
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My good sir, I beg to differ. That is clearly Edward50's favorite chart  |
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RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 29, 2011, 02:46:13 PM |
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My good sir, I beg to differ. That is clearly Edward50's favorite chart Yeah, Nagle's would go straight down...to helllll!!! |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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November 29, 2011, 09:51:03 PM |
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Keep in mind there was a short squeeze, so take that with a grain of salt.
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PatrickHarnett
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November 29, 2011, 09:55:10 PM |
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Keep in mind there was a short squeeze, so take that with a grain of salt.
It wasn't his usual "we're all going to die" type of message, that's why it stood out. |
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old_engineer
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November 29, 2011, 09:58:15 PM |
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I'm partial to his post where he admitted I was right and apologized, and even modified his conclusion based on the revised data. You are right. Sorry.
There's at least a shred of reasonableness in him. |
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Gabi
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Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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November 29, 2011, 10:02:35 PM |
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In b4 tomorrow it is at 1$...
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bittenbob
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November 30, 2011, 03:23:34 AM |
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In b4 tomorrow it is at 1$...
Willing to bet some coins on that? |
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S3052
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Activity: 2100
Merit: 1000
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November 30, 2011, 08:53:17 AM |
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Nagle just called me and said that it will be -1.5 $ tomorrow.
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 30, 2011, 03:13:10 PM |
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Nagle just called me and said that it will be -1.5 $ tomorrow.
So, who do I pay to take these damn coins from me?  |
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ineededausername (OP)
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November 30, 2011, 08:00:48 PM |
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Look at the chart. Today we are completely above the vaunted Brown Line of Resistance so far.
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(BFL)^2 < 0
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bittenbob
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November 30, 2011, 09:01:26 PM |
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Nagle just called me and said that it will be -1.5 $ tomorrow.
So, who do I pay to take these damn coins from me? Ill take them off you for free  |
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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November 30, 2011, 09:15:08 PM |
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Nagle just called me and said that it will be -1.5 $ tomorrow.
So, who do I pay to take these damn coins from me? Ill take them off you for free Luckily, it doesn't look to be the case! |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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December 03, 2011, 04:04:10 AM |
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Revised Nagle™ Chart  We broke through the short term accelerating downtrend and are about to challenge the overall downtrend. It's a 45 period exponential, added a 90 version to indicate possible market reversal. |
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phorensic
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December 03, 2011, 04:16:39 AM |
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Nagle just called me and said that it will be -1.5 $ tomorrow.
When you post in non-blue font does that mean you are joking? jk |
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ineededausername (OP)
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December 03, 2011, 05:05:59 AM |
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Revised Nagle™ Chart We broke through the short term accelerating downtrend and are about to challenge the overall downtrend. It's a 45 period exponential, added a 90 version to indicate possible market reversal. It's only a Nagle chart if it's completely bearish |
(BFL)^2 < 0
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dree12
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Merit: 1078
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December 06, 2011, 10:25:22 PM |
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 Mt. Gox, last 4 months. Again a gradual slow slide.As usual, we have a gradual slow slide, characteristic of a classic bubble. We are now in the endgame. It is not clear how it will play out, but as I have been saying new lows will be set, and each week's highs will again fail to meet the last week's. As I've been saying, if you aren't out yet, get out now. These exchanges will soon turn out scams as the value continues to drop. Bitcoin is too subordinate to ever meet its original purpose. |
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dree12
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Activity: 1246
Merit: 1078
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December 06, 2011, 10:43:32 PM |
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Mt. Gox, last 4 months. Again a gradual slow slide.
As usual, we have a gradual slow slide, characteristic of a classic bubble. We are now in the endgame. It is not clear how it will play out, but as I have been saying new lows will be set, and each week's highs will again fail to meet the last week's.
As I've been saying, if you aren't out yet, get out now. These exchanges will soon turn out scams as the value continues to drop. Bitcoin is too subordinate to ever meet its original purpose.
I thought the classical bubble had a steep drop at the end?  Bitcoin/USD, Mt. Gox, last 60 days. The long, slow slide continues.It's a long, slow slide as the bubble deflates. The market is so thin that when someone does a big sell, there's a big drop. Then there's a recovery, but it's always lower than the previous high. Look at the last full year: Bitcoin - a classic speculative bubble.I've been saying this consistently for months. Time is proving me right. |
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