BTC drop to next level coming...bail the F out now!

[ALToids]

tomorrow is the auction.
Horde your coins now, afterwards it will revert to its natural level (600).
Ask yourself, what happened in the last few weeks that causes it to drop,
Well, there is no particular reason, bitcoin acceptance is only increasing.
And less FUD(as far as i noticed).
So probably it is because of manipulation, when this is over, you will see 600's.

Well there was that little issue about Ghash taking over the network with a 51% attack 

[Heider]

tomorrow is the auction.
Horde your coins now, afterwards it will revert to its natural level (600).
Ask yourself, what happened in the last few weeks that causes it to drop,
Well, there is no particular reason, bitcoin acceptance is only increasing.
And less FUD(as far as i noticed).
So probably it is because of manipulation, when this is over, you will see 600's.

Ditto to that!
 
Just one thing, isn't the auction on the 28th, not the 27th? I could go and check the URL, but feeling extremely sick-lazy today

Cheers

[madken7777]

BTC will always be volatile.

People with no stomach to withstand volatility better off investing in something else.

[ALToids]

tomorrow is the auction.
Horde your coins now, afterwards it will revert to its natural level (600).
Ask yourself, what happened in the last few weeks that causes it to drop,
Well, there is no particular reason, bitcoin acceptance is only increasing.
And less FUD(as far as i noticed).
So probably it is because of manipulation, when this is over, you will see 600's.

Ditto to that!
 
Just one thing, isn't the auction on the 28th, not the 27th? I could go and check the URL, but feeling extremely sick-lazy today

Cheers

I believe it to be on Friday the 27th.  Have to find the link somewhere.

[mikerbiker6]

tomorrow is the auction.
Horde your coins now, afterwards it will revert to its natural level (600).
Ask yourself, what happened in the last few weeks that causes it to drop,
Well, there is no particular reason, bitcoin acceptance is only increasing.
And less FUD(as far as i noticed).
So probably it is because of manipulation, when this is over, you will see 600's.

Ditto to that!
 
Just one thing, isn't the auction on the 28th, not the 27th? I could go and check the URL, but feeling extremely sick-lazy today

Cheers

I believe it to be on Friday the 27th.  Have to find the link somewhere.

I cannot see any other reasons for the downtrend than traders being nervous of the Bitcoin auction that has a deadline on Friday, June 27th.

Here you go:
http://www.cryptocoinsnews.com/news/bitcoin-price-trending-downwards-awaiting-bitcoin-auction-results/2014/06/25

27th, so tomorrow.

[Heider]

Not sure what happened so far...

Since I posted what I understood yesterday, I noticed a lot of things changing within minutes (this when I said "someone is watching.. etc").

It seems since then, all the BTC-tourturing has stopped, and so far all have been normal so far which isn't expected from us thinking of the auction coming soon.

Not sure really, could it be that someone from BTC/Central decided to put an end to all this, or the guys who were doing this over the past 3 days be preparing for another twist?

Either way, whoever it is,... they are reading this text for sure...

Regards
Heider

[mikerbiker6]

There are hundreds of speculative threads on bitcoinprice.
If someone wanted to keep track of all these posts that would require a large effort.
So I don't know about this thread being watched.

Also I wouldn't trust my millions on some mere speculation. So I don't think these post have much influence, even if they are watched.

[DustyRah]

A boost appears to be developing...should know in a day or two!

[mikerbiker6]

going for 700$ I think

[DustyRah]

And we have our boost...

[DustyRah]

going for 700$ I think

I hope so...hope we ride it out over that $1000 mark.

[mikerbiker6]

The lines have crossed and the drop to next level is coming along. I would strongly advice peeps to drop their load right about now while you got a chance.

I am not happy saying the above but that's what its about and a sincere shout out to homies~

He was right.

Genius.

Well obviously a prediction will not last forever.
He predicted it was going down soon, and it did shortly after the post.

[kehtolo]

The lines have crossed and the drop to next level is coming along. I would strongly advice peeps to drop their load right about now while you got a chance.

I am not happy saying the above but that's what its about and a sincere shout out to homies~

He was right.

Genius.

Well obviously a prediction will not last forever.
He predicted it was going down soon, and it did shortly after the post.

Yeah, i stumbled accross this thread, and so i went back and looked. He was right... it did drop.
But only from 450 - 420.47 or something. And that was IT. The bottom. The lowest price since his prediction came about 1 week later..



The point is..it dropped by ~$30 and has only gone up since then.

[DustyRah]

Yes, it just went down by $30 at that time. Took a whole month to get itself out of that nasty rut.

"   
Re: BTC drop to next level coming...bail the F out now!
June 29, 2014, 05:09:26 PM
Reply with quote  Edit message  Delete message  #268
A boost appears to be developing...should know in a day or two!"

On Sunday at 5:00pm(that's the time I see but other's time may vary depending on your time zone), I called a boost and in 12 hours we had a 3-5% boost and now the price is $655. Basically, the idea is that we can certainly use indicators to get an idea of where things are going. I will try to post a chart later with some simple indicators on it. If anyone has any favorite indicators, please do post here as well.

I am not saying that we can blindly follow the indicators but it can be used as part of overall analysis to attain caution and get an idea of what's happening to big boy BTC.

[mikerbiker6]

if you can't trust indicators blindly, what do you use in addition than?
Prediction of the price movements is super subjective.

[DustyRah]

if you can't trust indicators blindly, what do you use in addition than?
Prediction of the price movements is super subjective.

Technical analysis along with Fundamental analysis. For example, we pay caution when some major news is expected, pay attention to overall sentiment and research prospects.

[DustyRah]

Here is a chart with simple indicators to get an idea of entry and exit points. Most people wanting to trade have one big issue: ENTRY and EXIT points.

[mikerbiker6]

Ok, but the entry point and exit point should be a little more to the right. You only see a cross after the close of the candle.

[DustyRah]

Ok, but the entry point and exit point should be a little more to the right. You only see a cross after the close of the candle.

Yes, you can look at the chart at different timelines and drill down on the indicators on those too. This chart with simple indicators is on a daily timeline.

[Heider]

Price gone down yesterday,...

Relax,... Don't Panic,... just wait another 65 years, it will pickup again, and probably be higher in price...