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Author Topic: BTC drop to next level coming...bail the F out now!  (Read 24589 times)
mikerbiker6
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May 15, 2014, 11:08:49 AM
 #101

... Well, let's hope that we don't another exchange collapse similar to MtGox this year, cuz this would "really" make our day !!!

Anyhow, let's hope for the best for everyone.

Cheers
Heider



Cryptsy is a total mess, google: "Cryptsy negative balance".
Now they are also building USD markets.
Prepare for implosion and BTC with it.

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DustyRah (OP)
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May 15, 2014, 05:46:03 PM
 #102

... Well, let's hope that we don't another exchange collapse similar to MtGox this year, cuz this would "really" make our day !!!

Anyhow, let's hope for the best for everyone.

Cheers
Heider



Cryptsy is a total mess, google: "Cryptsy negative balance".
Now they are also building USD markets.
Prepare for implosion and BTC with it.

Its related to blockchain updates etc and there is nothing indicating that Cryptsy is in trouble like Mt. Gox.
jamesc760
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May 15, 2014, 06:34:51 PM
 #103

@DustyRah,

Has it dropped to next level yet? If not, when?

I'm earnestly asking, because it has NOT dropped to next level or any level. What do you mean by "next level"? You mean, down to $300?
mikerbiker6
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May 15, 2014, 06:51:36 PM
 #104

@DustyRah,

Has it dropped to next level yet? If not, when?

I'm earnestly asking, because it has NOT dropped to next level or any level. What do you mean by "next level"? You mean, down to $300?
Haha, the planets have almost lined up.

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DustyRah (OP)
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May 15, 2014, 09:26:21 PM
 #105

@DustyRah,

Has it dropped to next level yet? If not, when?

I'm earnestly asking, because it has NOT dropped to next level or any level. What do you mean by "next level"? You mean, down to $300?

Yes, at the time of posting it was significantly bottom heavy and was heading into the 3XX level. Now it has been trying to pull its ass out of the rut for the past couple weeks but still is a little bottom heavy so its staying where it is until time it can get out of this rut.

Any buyers, I would suggest wait till a proper bull momentum builds, else any tiny bad news will drop it into the 3xx level because of its bottom being so heavy.
jamesc760
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May 15, 2014, 10:04:26 PM
 #106

@dustyrah,

Where do you see the heavy bottom? Or are you talking out of your butt? No pun intended.
Heider
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May 15, 2014, 10:33:42 PM
 #107

Guys

Can we keep it professional please?

The guy was doing his (or her) best to help, and you are only slagging him off by bullying him which isn't fair.

The price *did* go down at the time of posting, and for that at least I am thankful for posting his thoughts which has helped me to understand something I wasn't aware of before.

For the love of God, let's stay focused, shall we?

Kind Regards
Heider
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May 15, 2014, 10:40:33 PM
 #108

Very few nice person over here, you are one of Smiley
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May 16, 2014, 01:56:41 AM
 #109

Guys

Can we keep it professional please?

The guy was doing his (or her) best to help, and you are only slagging him off by bullying him which isn't fair.

The price *did* go down at the time of posting, and for that at least I am thankful for posting his thoughts which has helped me to understand something I wasn't aware of before.

For the love of God, let's stay focused, shall we?

Kind Regards
Heider


WTF?  Help what? By trolling and be completely WRONG in the process?  Mmmkay.....with help like that, we'd all be bankrupt.

_Crypto made easier than cash_

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Torque
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May 16, 2014, 02:21:08 AM
 #110

Can someone tell me what the next level down is going to be?  Or how about the next levels down?  I really need to know!

/s
DustyRah (OP)
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May 16, 2014, 02:27:32 AM
 #111

Right now its not going anywhere but it has made some headway in the UP direction. Its trying to get into positive territory but then again these days we don't have any major news so nothing is tight at this time at all.
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May 16, 2014, 05:54:50 PM
 #112

eBay said they're "actively considering" Bitcoin integration. Forget about what OP said people, BTC is going to jump.

That's already mostly factored in to the price unless we get more news. Though I do think we're going to see the price start rising again soon.

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May 16, 2014, 06:12:24 PM
 #113

Right now its not going anywhere but it has made some headway in the UP direction. Its trying to get into positive territory but then again these days we don't have any major news so nothing is tight at this time at all.


No, but I need levels!  Exact levels of up or down-ness!
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May 16, 2014, 06:13:30 PM
Last edit: May 16, 2014, 06:26:53 PM by Torque
 #114

total mess, google: "Cryptsy negative balance".
Now they are also building USD markets.
Prepare for implosion and BTC with it.
Good, then we'll be able to quickly drain them dry of their reserves:
http://www.youtube.com/watch?v=RKQ3LXHKB34

 Grin
DustyRah (OP)
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May 17, 2014, 02:25:00 AM
 #115

Right now its not going anywhere but it has made some headway in the UP direction. Its trying to get into positive territory but then again these days we don't have any major news so nothing is tight at this time at all.


No, but I need levels!  Exact levels of up or down-ness!

If it goes down, we are looking at a lazy listing down into $300. I don't think there will be a major drop and end up in $200 at all.
favelle75
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May 17, 2014, 05:36:32 AM
 #116

Right now its not going anywhere but it has made some headway in the UP direction. Its trying to get into positive territory but then again these days we don't have any major news so nothing is tight at this time at all.


No, but I need levels!  Exact levels of up or down-ness!

If it goes down, we are looking at a lazy listing down into $300. I don't think there will be a major drop and end up in $200 at all.


IF it goes down??  WTF? The title of the thread is "BTC dropping, bail the F out"!!!

Makes me chuckle.

_Crypto made easier than cash_

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mikerbiker6
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May 17, 2014, 09:01:57 AM
 #117

nice chart(not mine)
https://i.imgur.com/op4NsC7.png

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DustyRah (OP)
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May 17, 2014, 10:13:57 AM
 #118


This is a stupid chart. There are reasons for the surge such as China wetting its beak and so on which are responsible for previous peaks. However, any type of bull run we could anticipate such a surge in price but whether such a bull run will occur is not guaranteed just because of a dumb chart showing the past trend.
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May 17, 2014, 11:06:27 AM
 #119


This is a stupid chart. There are reasons for the surge such as China wetting its beak and so on which are responsible for previous peaks. However, any type of bull run we could anticipate such a surge in price but whether such a bull run will occur is not guaranteed just because of a dumb chart showing the past trend.

I disagree, the chart seems pretty fitting, 3 points of contact on the middle band, only broken once during the "super bubble"  of 2011 (which pretty much breaks any chart). On the low side only 2 points of contact but it has never been broken and it has shown a lot of resistance whenever it approaches that line.

Also, it seems to bounce between the middle and lower band at regular intervals and predictable patterns. It's not unlikely to see bitcoin shoot towards the middle band or even the upper band soon. Regardless of the news.
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May 17, 2014, 11:11:50 AM
 #120

don't know how you guys get off with completely ignoring a whole 1/4-1/2 of the chart as some kind of irrelevant outlier.
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