arepo (OP)
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this statement is false
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February 05, 2012, 08:49:06 PM |
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rally is clearly postponed. but not cancelled. the recent price action has been mostly manipulated. it's nice to see a stable price range ($5.00 - $7.00) though. i feel that the move to $7 was a correction from the falling knife to $2, and that we're gearing up for another rally. why? because that's what bitcoin does, and i'm starting to smell panic around here...
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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cbeast
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Let's talk governance, lipstick, and pigs.
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February 05, 2012, 08:56:13 PM |
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The devs have been quiet lately. It's too early for them to be tailgating and drunk before the Superbowl. Hopefully the new release is imminent. I suspect there is trepidation in the market regarding the release of a major client upgrade.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Oldminer
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February 06, 2012, 01:05:20 AM |
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i feel that the move to $7 was a correction from the falling knife to $2, and that we're gearing up for another rally. why? because that's what bitcoin does
You clearly werent around when Bitcoin dropped from $30+ to $15 lol
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arepo (OP)
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this statement is false
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February 06, 2012, 02:38:35 AM |
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that was the bursting of a bubble. i think the market (and especially the price) is a lot healthier now.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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N12
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February 06, 2012, 02:40:28 AM |
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How do you know this is not the height of a bubble? It may be healthier, but that doesn’t mean much.
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cbeast
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Let's talk governance, lipstick, and pigs.
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February 06, 2012, 02:43:09 AM |
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that was the bursting of a bubble. i think the market (and especially the price) is a lot healthier now.
"Hey Bitcoin you lost a lot of weight, been working out?"
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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arepo (OP)
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this statement is false
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February 06, 2012, 05:26:48 AM |
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How do you know this is not the height of a bubble? It may be healthier, but that doesn’t mean much.
no, the move to and crash from $7.20 was a bubble. if you look at the Accumulation/Distribution Line and other similar indicators you will see that there hasn't been much trending since the sellof to $4.xx, mostly flatline. we're still consolidating, long-term. whereto thereafter, i think UP.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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arepo (OP)
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this statement is false
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February 06, 2012, 10:20:23 AM |
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soon, this thread will be vindicated. i hope everyone is ready for the Great Bitcoin Comeback of 2012
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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N12
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February 06, 2012, 10:29:10 AM |
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soon, this thread will be vindicated. i hope everyone is ready for the Great Bitcoin Comeback of 2012 ;D
Ready since 5.45. The almighty trendline will deliver another bounce, just like it did from 5.05. http://www.sierrachart.com/userimages/upload_2/1328523908556.pngBut I agree, this is a long-term consolidation/trading range with uncertain outcome as long as we don’t violate former lows (4.64, 5.05, maybe 5.45) or highs (7.2, 6.2, maybe 5.8). I have a bearish bias on the outcome, though, but we’ll see.
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arepo (OP)
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this statement is false
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February 06, 2012, 10:37:25 AM |
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it's ironic that my initial prediction for the low ($5.50) did correctly identify the next level of support after said bounce.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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Oldminer
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February 06, 2012, 10:44:09 AM |
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cunicula
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February 06, 2012, 10:48:34 AM |
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How do you know this is not the height of a bubble? It may be healthier, but that doesn’t mean much.
no, the move to and crash from $7.20 was a bubble. if you look at the Accumulation/Distribution Line and other similar indicators you will see that there hasn't been much trending since the sellof to $4.xx, mostly flatline. we're still consolidating, long-term. whereto thereafter, i think UP. His predictions are shit, but no poop has been posted. This allows him to make shit up as he goes along.
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arepo (OP)
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this statement is false
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February 06, 2012, 10:59:41 AM |
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How do you know this is not the height of a bubble? It may be healthier, but that doesn’t mean much.
no, the move to and crash from $7.20 was a bubble. if you look at the Accumulation/Distribution Line and other similar indicators you will see that there hasn't been much trending since the sellof to $4.xx, mostly flatline. we're still consolidating, long-term. whereto thereafter, i think UP. His predictions are shit, but no poop has been posted. This allows him to make shit up as he goes along. dude i don't want to clutter the forum with bulky graphs the data is available to everyone at bitcoincharts.com look at the ACCUMULATION/DISTRIBUTION LINE from december till now. just because you can't be bothered to do anything but litter your posts with words referring to excrement doesn't mean i haven't made a real prediction.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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Oldminer
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February 06, 2012, 11:08:29 AM Last edit: February 06, 2012, 11:20:19 AM by Oldminer |
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How do you know this is not the height of a bubble? It may be healthier, but that doesn’t mean much.
no, the move to and crash from $7.20 was a bubble. if you look at the Accumulation/Distribution Line and other similar indicators you will see that there hasn't been much trending since the sellof to $4.xx, mostly flatline. we're still consolidating, long-term. whereto thereafter, i think UP. His predictions are shit, but no poop has been posted. This allows him to make shit up as he goes along. dude i don't want to clutter the forum with bulky graphs the data is available to everyone at bitcoincharts.com look at the ACCUMULATION/DISTRIBUTION LINE from december till now. just because you can't be bothered to do anything but litter your posts with words referring to excrement doesn't mean i haven't made a real prediction. If your relying on 1 (positive) indicator you may be in for a surprise. I can take any number of other indicators for the same period (eg money flow index, william%r, slow stoch, chaikin money flow) that suggest the contrary to this indicator.
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arepo (OP)
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this statement is false
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February 06, 2012, 11:32:54 AM |
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How do you know this is not the height of a bubble? It may be healthier, but that doesn’t mean much.
no, the move to and crash from $7.20 was a bubble. if you look at the Accumulation/Distribution Line and other similar indicators you will see that there hasn't been much trending since the sellof to $4.xx, mostly flatline. we're still consolidating, long-term. whereto thereafter, i think UP. His predictions are shit, but no poop has been posted. This allows him to make shit up as he goes along. dude i don't want to clutter the forum with bulky graphs the data is available to everyone at bitcoincharts.com look at the ACCUMULATION/DISTRIBUTION LINE from december till now. just because you can't be bothered to do anything but litter your posts with words referring to excrement doesn't mean i haven't made a real prediction. If your relying on 1 (positive) indicator you may be in for a surprise. I can take any number of other indicators for the same period (eg money flow index, william%r, slow stoch, chaikin money flow) that suggest the contrary to this indicator. i don't rely on just one indicator... the analysis i post on this forum is obviously not an exhaustive one. it would be too much work and also i don't like to give you guys TOO much information... that said, the indicators you mentioned are oscillators, which i know tell their own story. the acc/dist line and other similar indicators, like i said in the post, which are largely price/volume transformations (PVT to mention another one), are quite bullish.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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Oldminer
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February 06, 2012, 11:41:30 AM |
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How do you know this is not the height of a bubble? It may be healthier, but that doesn’t mean much.
no, the move to and crash from $7.20 was a bubble. if you look at the Accumulation/Distribution Line and other similar indicators you will see that there hasn't been much trending since the sellof to $4.xx, mostly flatline. we're still consolidating, long-term. whereto thereafter, i think UP. His predictions are shit, but no poop has been posted. This allows him to make shit up as he goes along. dude i don't want to clutter the forum with bulky graphs the data is available to everyone at bitcoincharts.com look at the ACCUMULATION/DISTRIBUTION LINE from december till now. just because you can't be bothered to do anything but litter your posts with words referring to excrement doesn't mean i haven't made a real prediction. If your relying on 1 (positive) indicator you may be in for a surprise. I can take any number of other indicators for the same period (eg money flow index, william%r, slow stoch, chaikin money flow) that suggest the contrary to this indicator. i don't rely on just one indicator... the analysis i post on this forum is obviously not an exhaustive one. it would be too much work and also i don't like to give you guys TOO much information... LOL...yea whatever....
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arepo (OP)
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this statement is false
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February 06, 2012, 11:42:49 AM |
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so you're short and fully leveraged?
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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Oldminer
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February 06, 2012, 11:46:08 AM |
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so you're short and fully leveraged?
Absolutely...
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da2ce7
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Live and Let Live
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February 06, 2012, 11:47:08 AM |
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The market just cannot make up its mind... this is so atypical for bitcoin.
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One off NP-Hard.
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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February 06, 2012, 12:25:23 PM |
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The price doesn't need to rocket anywhere. It seems that people are expecting a large move down or a large move up soon, it's not necessarily going to happen in the next few days. The situation is very neutral and I feel a lot of people are unsure if they should be bullish or bearish at these prices. Anything can happen but on the other hand, nothing might happen.
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