buttcoin
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January 06, 2012, 10:42:17 PM |
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SUP AGAIN? SUP SA? SUP BUTTCOIN.ORG? SUP PROUDHON?
SUP TO EVERY GOD DAMN TROLL WHO HAS EVER STEPPED FOOT IN THIS FORUM.
SUP NOW?
FUNDAMENTALS are TOO strong to be taken down by libel or troll posting...
Now I get why the mod's in this forum simply ignore you CLOWNS.
We're going to $100 baby, and you know why? Fundamentals trump shit speculation at the end of the day....
You're a cool dude FlipPro
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teflone
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January 06, 2012, 10:57:20 PM |
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SUP AGAIN? SUP SA? SUP BUTTCOIN.ORG? SUP PROUDHON?
SUP TO EVERY GOD DAMN TROLL WHO HAS EVER STEPPED FOOT IN THIS FORUM.
SUP NOW?
FUNDAMENTALS are TOO strong to be taken down by libel or troll posting...
Now I get why the mod's in this forum simply ignore you CLOWNS.
We're going to $100 baby, and you know why? Fundamentals trump shit speculation at the end of the day....
You're a cool dude FlipProHahahhaa, the fact that you responded says everything! Get a new hobby, your wasting your time here. Go back to your needle point, and trolling the internet pretending to be a woman.
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buttcoin
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January 06, 2012, 11:01:14 PM |
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Hahahhaa, the fact that you responded says everything! Get a new hobby, your wasting your time here. Go back to your needle point, and trolling the internet pretending to be a woman.
To paraphrase: "The use of my time on this message board is better than the use of your time on this message board"
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teflone
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January 06, 2012, 11:08:36 PM |
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Hahahhaa, the fact that you responded says everything! Get a new hobby, your wasting your time here. Go back to your needle point, and trolling the internet pretending to be a woman.
To paraphrase: "The use of my time on this message board is better than the use of your time on this message board" Exactly.. You sir are a waste to this community, and obviously to me too! Cheers lame ass, keep squaking, we're all ears... no seriously... we're all ears... . . . . Sorry, I wasn't listening..
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FlipPro (OP)
Legendary
Offline
Activity: 1764
Merit: 1015
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January 07, 2012, 03:08:35 AM |
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Hahahhaa, the fact that you responded says everything! Get a new hobby, your wasting your time here. Go back to your needle point, and trolling the internet pretending to be a woman.
To paraphrase: "The use of my time on this message board is better than the use of your time on this message board" Exactly.. You sir are a waste to this community, and obviously to me too! Cheers lame ass, keep squaking, we're all ears... no seriously... we're all ears... Sorry, I wasn't listening.. He's one of the many fucking morons, who like to spread FUD, and keep the same shit status quo going...
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teflone
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January 07, 2012, 03:34:43 AM |
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Hahahhaa, the fact that you responded says everything! Get a new hobby, your wasting your time here. Go back to your needle point, and trolling the internet pretending to be a woman.
To paraphrase: "The use of my time on this message board is better than the use of your time on this message board" Exactly.. You sir are a waste to this community, and obviously to me too! Cheers lame ass, keep squaking, we're all ears... no seriously... we're all ears... Sorry, I wasn't listening.. He's one of the many fucking morons, who like to spread FUD, and keep the same shit status quo going... Once again, exactly.. In other news... My spidy sense is tingling, I feel a movment in the market, and it isnt a bowel... -edit... I mean in the next few hours..
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teflone
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January 07, 2012, 04:59:52 AM |
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I hate when Im right...
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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January 07, 2012, 05:01:06 AM |
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BOOM, there we go!
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legitnick
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January 07, 2012, 05:01:20 AM |
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I wonder if it will go past $7.22
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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January 07, 2012, 05:06:59 AM |
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Too bad mtgox api is complete garbage and most people have yet to even notice the huge buy....
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ineededausername
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January 07, 2012, 05:08:06 AM |
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If ask depth is simply allowed to form again, we might go back down a bit. Another major upward spike will definitely happen in the next 18 hours though, so keep your eyes peeled.
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(BFL)^2 < 0
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teflone
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January 07, 2012, 05:08:17 AM |
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MT GOXED LIVE, and by live I mean 10 minutes ago..
WTF is the problem with that chart?!
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ineededausername
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January 07, 2012, 05:27:33 AM |
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Today's technical analysis brought to you by ineededausername
The indicators 1. In the very short term, another spike up is somewhat likely -- MACD crossover. At the very least, we are going to see some buying momentum. 2. All bullish indicators (RSI, MACD, PPO, OBV) are remaining bullish despite the recent correction, which now appears to have merely been a consolidation. 3. Additional note: PSAR is at 5.25, a major support. 4. Hourly indicators are cautiously saying that we should be emerging from the correction.
Trendlines 1. We just broke out of a short-term (hourly) downslope, a bullish signal. 2. Long term trendline is at 5.25. This is a major support level -- VERY strong, as the PSAR is also here. 3. Another mid-term trendline is at 5.5, another strong support. 4. Strong support in the 5 region means that the lowest we can get is 5.75.
Spike analysis Let's use the 6.6 range as a standard shorting range. Then we have: ~7.25 for 10:1 liquidation, triggered by any spike up to ~7.2. I'd say this will not produce too much of a squeeze. ~8 for 5:1 liquidation. This could produce another giant chain of spikes like the one from 4.8 to 7... but requires ~25k BTC of buys right now. We'll see if another large USD inflow on Saturday can do this for us. If it spikes to 7.5, I'd say 8.5 is a likely target, and maybe even 9 if the depth is small enough on the ask side. In fact, 10 is not outside the realm of possibility for this weekend, but consider it a 2% case. Thus... major spike resistance: 7.22 (prev high), 7.5, 8, 8.5. 8 is probable this weekend.
On the other hand, if we are correcting, I'd suggest going long at ~5.75, if we get that low, based on previous analysis.
Depth analysis 10k BTC is needed to move $0.75 up and $0.50 down. We are entering a time of low depth... watch out for volatility. However, support at lower levels is much stronger than resistance on the way up. Watch out for the depth to $8 -- if it's constantly decreasing and it reaches ~15k, we could see a possible spike up. This depth signal requires confirmation from other indicators.
Conclusion: a correction below $6 is a MAJOR BUYING OPPORTUNITY. In the lower ranges of $6, I would suggest buying. On the way up, $8 and $9 are possible targets this weekend, with $10 setting the maximum for an extreme scenario.
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(BFL)^2 < 0
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Crypt_Current
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January 07, 2012, 05:33:40 AM |
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Hahahhaa, the fact that you responded says everything! Get a new hobby, your wasting your time here. Go back to your needle point, and trolling the internet pretending to be a woman.
To paraphrase: "The use of my time on this message board is better than the use of your time on this message board" It's funny because it's true.
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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January 07, 2012, 05:34:58 AM |
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Wow! Thank you for this detailed report, ineededausername! This is simply fantastic! I enjoyed the formatting.
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teflone
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January 07, 2012, 05:37:20 AM |
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Today's technical analysis brought to you by ineededausername
The indicators 1. In the very short term, another spike up is somewhat likely -- MACD crossover. At the very least, we are going to see some buying momentum. 2. All bullish indicators (RSI, MACD, PPO, OBV) are remaining bullish despite the recent correction, which now appears to have merely been a consolidation. 3. Additional note: PSAR is at 5.25, a major support. 4. Hourly indicators are cautiously saying that we should be emerging from the correction.
Trendlines 1. We just broke out of a short-term (hourly) downslope, a bullish signal. 2. Long term trendline is at 5.25. This is a major support level -- VERY strong, as the PSAR is also here. 3. Another mid-term trendline is at 5.5, another strong support. 4. Strong support in the 5 region means that the lowest we can get is 5.75.
Spike analysis Let's use the 6.6 range as a standard shorting range. Then we have: ~7.25 for 10:1 liquidation, triggered by any spike up to ~7.2. I'd say this will not produce too much of a squeeze. ~8 for 5:1 liquidation. This could produce another giant chain of spikes like the one from 4.8 to 7... but requires ~25k BTC of buys right now. We'll see if another large USD inflow on Saturday can do this for us. If it spikes to 7.5, I'd say 8.5 is a likely target, and maybe even 9 if the depth is small enough on the ask side. In fact, 10 is not outside the realm of possibility for this weekend, but consider it a 2% case. Thus... major spike resistance: 7.22 (prev high), 7.5, 8, 8.5. 8 is probable this weekend.
On the other hand, if we are correcting, I'd suggest going long at ~5.75, if we get that low, based on previous analysis.
Depth analysis 10k BTC is needed to move $0.75 up and $0.50 down. We are entering a time of low depth... watch out for volatility. However, support at lower levels is much stronger than resistance on the way up. Watch out for the depth to $8 -- if it's constantly decreasing and it reaches ~15k, we could see a possible spike up. This depth signal requires confirmation from other indicators.
Conclusion: a correction below $6 is a MAJOR BUYING OPPORTUNITY. In the lower ranges of $6, I would suggest buying. On the way up, $8 and $9 are possible targets this weekend, with $10 setting the maximum for an extreme scenario.
This is pretty much everything I've saw too, great points, learned a little too... And I agree strongly that low $6 coins is a huge opportunity .
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pirateat40
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 07, 2012, 05:42:35 AM |
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Today's technical analysis brought to you by ineededausername
The indicators 1. In the very short term, another spike up is somewhat likely -- MACD crossover. At the very least, we are going to see some buying momentum. 2. All bullish indicators (RSI, MACD, PPO, OBV) are remaining bullish despite the recent correction, which now appears to have merely been a consolidation. 3. Additional note: PSAR is at 5.25, a major support. 4. Hourly indicators are cautiously saying that we should be emerging from the correction.
Trendlines 1. We just broke out of a short-term (hourly) downslope, a bullish signal. 2. Long term trendline is at 5.25. This is a major support level -- VERY strong, as the PSAR is also here. 3. Another mid-term trendline is at 5.5, another strong support. 4. Strong support in the 5 region means that the lowest we can get is 5.75.
Spike analysis Let's use the 6.6 range as a standard shorting range. Then we have: ~7.25 for 10:1 liquidation, triggered by any spike up to ~7.2. I'd say this will not produce too much of a squeeze. ~8 for 5:1 liquidation. This could produce another giant chain of spikes like the one from 4.8 to 7... but requires ~25k BTC of buys right now. We'll see if another large USD inflow on Saturday can do this for us. If it spikes to 7.5, I'd say 8.5 is a likely target, and maybe even 9 if the depth is small enough on the ask side. In fact, 10 is not outside the realm of possibility for this weekend, but consider it a 2% case. Thus... major spike resistance: 7.22 (prev high), 7.5, 8, 8.5. 8 is probable this weekend.
On the other hand, if we are correcting, I'd suggest going long at ~5.75, if we get that low, based on previous analysis.
Depth analysis 10k BTC is needed to move $0.75 up and $0.50 down. We are entering a time of low depth... watch out for volatility. However, support at lower levels is much stronger than resistance on the way up. Watch out for the depth to $8 -- if it's constantly decreasing and it reaches ~15k, we could see a possible spike up. This depth signal requires confirmation from other indicators.
Conclusion: a correction below $6 is a MAJOR BUYING OPPORTUNITY. In the lower ranges of $6, I would suggest buying. On the way up, $8 and $9 are possible targets this weekend, with $10 setting the maximum for an extreme scenario.
This is pretty much everything I've saw too, great points, learned a little too... And I agree strongly that low $6 coins is a huge opportunity . I'd like to speak.... is this thing on?
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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January 07, 2012, 05:47:13 AM |
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I hear you pirate
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phorensic
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January 07, 2012, 05:55:35 AM |
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Wait, buttcoin is back!?
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pirateat40
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 07, 2012, 06:00:41 AM |
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As much as the bulls enjoy this extreme rally over the last couple days, I'm sad to say it's not real. The large purchases were made by shorts leveraging to the max and with a steady move upwards a single large purchase caused the well known "Extreme Spread" on Bitcoinica to squeeze our shorts and domino into an all out panic. So, the shorts did what they do best and went short again and this time the bulls had the momentum to keep buying and squeezed them out for a second round.
Like all of you I wish nothing more than a steady move up to the "dreamy" rates where we can all sit back and talk about the good old days when Luke-jr attacked the scam coins and Astana forgetting to log out of his fake accounts. They'll come in time but until then we're going to see a major correction soon when the market goes "Why the hell are we this high so fast.".
Ok, I'm done, who gets the mic next?
-pirate
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