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Author Topic: It's called a correction (waveaddict's bitcoin charting subscription thread)  (Read 86854 times)
proudhon
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March 02, 2012, 02:02:45 AM
 #481

Major hacks today.. bitcoinica and Slush..  hosting provided by Linode have a security hole to patch somewhere..

This can only mean one thing......


We's going down  Sad

2012 is the new 2011.  $7.20 is the new $32.00.
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adamstgBit
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March 02, 2012, 02:06:13 AM
 #482

Major hacks today.. bitcoinica and Slush..  hosting provided by Linode have a security hole to patch somewhere..

This can only mean one thing......


We's going down  Sad

maybe one of their employes is the "security hole"? Shocked

teflone
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You're fat, because you dont have any pics on FB


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March 02, 2012, 02:08:53 AM
 #483

Major hacks today.. bitcoinica and Slush..  hosting provided by Linode have a security hole to patch somewhere..

This can only mean one thing......


We's going down  Sad

2012 is the new 2011.  $7.20 is the new $32.00.

Agreed...  Such a shame...  there goes all we worked for..

Who and what the fuck is Linode..  they obviously SUCK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


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bitcoinBull
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March 02, 2012, 02:33:08 AM
 #484

Major hacks today.. bitcoinica and Slush..  hosting provided by Linode have a security hole to patch somewhere..

This can only mean one thing......


We's going down  Sad

2012 is the new 2011.  $7.20 is the new $32.00.

People operating bitcoin services are learning to be more careful with their hot wallets.  Both services are covering the losses, which is good news since it means they are obviously profitable.  That fact will generate more interest in bitcoin services.  It hasn't hit slashdot (yet), but this story has been at the top of Ycombinator all afternoon (a vulnerability in Linode is a huge deal - they are probably the third largest VPS host, after Amazon EC2 and Rackspace).  Its an unfortunate incident, but its not bad press for bitcoin by a long shot (it is for Linode though).

You were "optimistic" just 5 days ago.  $7.2 in 2012 is nothing like $32 in 2011.  $32 was touched for a single day.  But the market was brushing against $7.2 for almost two weeks.  There's nothing to indicate that interest in bitcoin is waning, but much to the opposite.


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March 02, 2012, 03:01:21 AM
 #485

proudhon is ruled by the short position he took which still shows him a loss. I wouldn’t listen to anyone who lets his position control him, not the other way round.

"Bitcoin had been transformed from an anarachistic challenge to the financial status quo, to the crypto spawn of Satan, fuelled by cut-throat greed and delusions of avarice." - MatTheCat
"these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room." - ShroomsKit
waveaddict
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March 02, 2012, 04:45:27 AM
 #486

remember the buy/cover target I set forth subscribers

Eveofwar
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March 02, 2012, 04:56:41 AM
 #487

remember the buy/cover target I set forth subscribers

Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =]
waveaddict
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March 02, 2012, 05:04:38 AM
 #488

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

-waveaddict

remember the buy/cover target I set forth subscribers

Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =]

beardman
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March 02, 2012, 05:07:37 AM
 #489

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

-waveaddict

remember the buy/cover target I set forth subscribers

Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =]

And when you said it would go down/up x cents from a certain point, should we act on those when it happens, or should we wait?
naima53
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March 02, 2012, 05:12:58 AM
 #490

Major hacks today.. bitcoinica and Slush..  hosting provided by Linode have a security hole to patch somewhere..

This can only mean one thing......


We's going down  Sad

2012 is the new 2011.  $7.20 is the new $32.00.
similar to it?  Wink
https://bitcointalk.org/index.php?topic=58702.0

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waveaddict
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March 02, 2012, 05:13:36 AM
 #491

The name of the game is buying when others are fearful. Everything that I said in the email still holds.

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

-waveaddict

remember the buy/cover target I set forth subscribers

Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =]

And when you said it would go down/up x cents from a certain point, should we act on those when it happens, or should we wait?

waveaddict
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March 02, 2012, 05:22:16 AM
 #492

something similar to 'orange' in chart (60) from a few days back is now our primary count subscribers. I will come out tomorrow with more details.


bitcoinBull
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March 02, 2012, 05:25:02 AM
 #493

remember the buy/cover target I set forth subscribers

Hopefully you take multi-thousand BTC hacking dumps into account for market analysis =]

Hah. Here I was waiting for a mundane market movement, and then Linode is compromised for the bitcoin.

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Hunterbunter
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March 02, 2012, 05:30:13 AM
 #494

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time?
adamstgBit
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March 02, 2012, 05:33:12 AM
 #495

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time?

by placing an order, and waiting?

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March 02, 2012, 05:46:24 AM
 #496

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time?

by placing an order, and waiting?

on the downward slope, to go down (in this case)?
waveaddict
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March 02, 2012, 05:48:54 AM
 #497

in situations like this where seconds make the difference, if you were not watching a certain moving average like I stressed in the email and ready with your finger prepared to short once another target was met, the next best step was to buy at the target where I said this knife down would stop at

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time?

notme
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March 02, 2012, 05:50:54 AM
 #498

And it just so happened that a near perfect triangle formed during the last few days pointing towards a 'big' move right before a hack.

trust in the charts here guys  Smiley

But how can one possibly act that quickly? I mean...it broke 4.8 with a weird sell...then about 10 seconds later it was down to 4.6. How does one really get a position in that time?

by placing an order, and waiting?

on the downward slope, to go down (in this case)?

http://www.sec.gov/answers/stopord.htm

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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March 02, 2012, 06:04:04 AM
 #499


I suspected they might have something to do with it. So they're used kind of like a reverse stop loss?
waveaddict
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March 02, 2012, 06:39:27 AM
 #500

 Smiley Ok subscribers, I just sent a late/early email for anyone still awake.

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