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Author Topic: It's called a correction (waveaddict's bitcoin charting subscription thread)  (Read 86811 times)
waveaddict
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March 21, 2012, 10:56:24 PM
 #841

today's email has been sent  Smiley

-March 21 update (includes chart: 111)

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March 21, 2012, 10:57:28 PM
 #842

today's email has been sent  Smiley

-March 21 update (includes chart: 111)

No chart attached :/
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March 21, 2012, 11:25:19 PM
 #843

today's email has been sent  Smiley

-March 21 update (includes chart: 111)

No chart attached :/

I just sent out another. Thanks

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March 21, 2012, 11:27:19 PM
 #844

Who else is dancing with the bear?

Yeah dancing the night away here.

not me, I'm waiting this one out & staying on the sidelines, finally got out of the nightmare scenario of being trapped in a large high $5s base price long position on Bitcoinica which would have been fine as my ZT price was in the $2s & I was happy to wait long term & could have kept it at 1:1 leverage np, until that was he unilaterally decided to start taxing long positions with swap charges, to me this is just Bitcoin wild west no rules rule - I'm waiting to see if his stated registration goes through because once it does I intend to claim back that swap money just removed from my account by changing without notice the conditions under which it was deposited & making my position long term untenable so that I had to close it for a big loss as I believe this sort of action is totally illegitimate in any jurisdiction

anyone else who's suffered because of this pse to let me know & we can coordinate to recuperate this blatant rip off with damages also for overall position loss if it hadn't happened once we were locked in

it's so nice atm to finally be out of that & tomorrow off for a long weekend without having to follow every price movement & the feeling of having trusted way too much money to someone who just makes the rules up to suit themselves as they go along, honestly I was amazed to get anything back out at all in that scenario - never again!

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March 22, 2012, 03:17:11 AM
 #845

Who else is dancing with the bear?

Yeah dancing the night away here.

not me, I'm waiting this one out & staying on the sidelines, finally got out of the nightmare scenario of being trapped in a large high $5s base price long position on Bitcoinica which would have been fine as my ZT price was in the $2s & I was happy to wait long term & could have kept it at 1:1 leverage np, until that was he unilaterally decided to start taxing long positions with swap charges, to me this is just Bitcoin wild west no rules rule - I'm waiting to see if his stated registration goes through because once it does I intend to claim back that swap money just removed from my account by changing without notice the conditions under which it was deposited & making my position long term untenable so that I had to close it for a big loss as I believe this sort of action is totally illegitimate in any jurisdiction

anyone else who's suffered because of this pse to let me know & we can coordinate to recuperate this blatant rip off with damages also for overall position loss if it hadn't happened once we were locked in

it's so nice atm to finally be out of that & tomorrow off for a long weekend without having to follow every price movement & the feeling of having trusted way too much money to someone who just makes the rules up to suit themselves as they go along, honestly I was amazed to get anything back out at all in that scenario - never again!

Well, you know you can still get paid for taking a short position right now, and the way things look, you'll end up with a lot more than the swap interest.
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March 22, 2012, 04:19:32 AM
 #846

Who else is dancing with the bear?

Yeah dancing the night away here.

not me, I'm waiting this one out & staying on the sidelines, finally got out of the nightmare scenario of being trapped in a large high $5s base price long position on Bitcoinica which would have been fine as my ZT price was in the $2s & I was happy to wait long term & could have kept it at 1:1 leverage np, until that was he unilaterally decided to start taxing long positions with swap charges, to me this is just Bitcoin wild west no rules rule - I'm waiting to see if his stated registration goes through because once it does I intend to claim back that swap money just removed from my account by changing without notice the conditions under which it was deposited & making my position long term untenable so that I had to close it for a big loss as I believe this sort of action is totally illegitimate in any jurisdiction

anyone else who's suffered because of this pse to let me know & we can coordinate to recuperate this blatant rip off with damages also for overall position loss if it hadn't happened once we were locked in

it's so nice atm to finally be out of that & tomorrow off for a long weekend without having to follow every price movement & the feeling of having trusted way too much money to someone who just makes the rules up to suit themselves as they go along, honestly I was amazed to get anything back out at all in that scenario - never again!

Well, you know you can still get paid for taking a short position right now, and the way things look, you'll end up with a lot more than the swap interest.

Bullshit!   Grin

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March 22, 2012, 05:22:57 PM
 #847

The 38.2% Fibonacci retracement off this sharp move from $5.26 to the first bottom of $4.84 was around $5. So the likely retrace to 5 after 4.84 was probably a wave 4 meaning that we are currently in a terminal 5 which will likely bottom us out in the 4.6 - 4.75 range before we head up in a meaningful correction.

Could have done with that in an email...  I get an alert on my phone from emails; but I don't sit and monitor this forum constantly.

I am now completely confused.  How does the above fit in with your most recent email?  I have no idea where I should be now and what I should be looking out for.

the previous email still holds since that terminal 5th wave that I talked about above concludes with a big rally afterwards which over time should still get us close to the target area (I would subtract .10 though from the number I gave though) that I talked about in the email. Remember, I want you guys to sell on strength and not in weakness during a panic selling binge which we continued yesterday after the initial sell-off. But, yes I will send my thoughts in email form for now on. I am sorry about that.

Subtract .10 from which number? The target given in the premium mail?

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waveaddict
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March 22, 2012, 05:46:12 PM
 #848

The 38.2% Fibonacci retracement off this sharp move from $5.26 to the first bottom of $4.84 was around $5. So the likely retrace to 5 after 4.84 was probably a wave 4 meaning that we are currently in a terminal 5 which will likely bottom us out in the 4.6 - 4.75 range before we head up in a meaningful correction.

Could have done with that in an email...  I get an alert on my phone from emails; but I don't sit and monitor this forum constantly.

I am now completely confused.  How does the above fit in with your most recent email?  I have no idea where I should be now and what I should be looking out for.

the previous email still holds since that terminal 5th wave that I talked about above concludes with a big rally afterwards which over time should still get us close to the target area (I would subtract .10 though from the number I gave though) that I talked about in the email. Remember, I want you guys to sell on strength and not in weakness during a panic selling binge which we continued yesterday after the initial sell-off. But, yes I will send my thoughts in email form for now on. I am sorry about that.

Subtract .10 from which number? The target given in the premium mail?

The number was from the basic email I sent out on March 20 and was chosen since it corresponded to a back-test of the major support trend-line that was lost on that day.

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March 22, 2012, 09:15:42 PM
 #849

falling knife started
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March 22, 2012, 10:25:16 PM
 #850

I got it, I got it, I got it, I got it!    Undecided

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
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March 22, 2012, 11:09:07 PM
 #851

Remember that truncated wave down I told you guys about. Keep an eye out for it  Wink

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March 22, 2012, 11:23:59 PM
 #852

Remember that truncated wave down I told you guys about. Keep an eye out for it  Wink

Hope you got a big trunk, Im gunna stick my bitcoin in it...

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
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March 22, 2012, 11:26:51 PM
 #853

Remember that truncated wave down I told you guys about. Keep an eye out for it  Wink

Hope you got a big trunk, Im gunna stick my bitcoin in it...

Truncated waves down are for sissies.  I want a full wave down.
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March 22, 2012, 11:33:20 PM
 #854

Remember that truncated wave down I told you guys about. Keep an eye out for it  Wink

Hope you got a big trunk, Im gunna stick my bitcoin in it...

Truncated waves down are for sissies.  I want a full wave down.

It would only take a 20k sell right now to kick us off the cliff...
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March 22, 2012, 11:44:47 PM
 #855

Remember that truncated wave down I told you guys about. Keep an eye out for it  Wink

Hope you got a big trunk, Im gunna stick my bitcoin in it...

Truncated waves down are for sissies.  I want a full wave down.

It would only take a 20k sell right now to kick us off the cliff...

Like I said, just keep an eye on that possibility here  Smiley

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March 23, 2012, 12:25:19 AM
 #856

I just sent out today's email  Smiley

-March 22 update (includes: chart 112, 105)

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March 23, 2012, 05:35:19 PM
 #857

today's email has been sent  Smiley

-March 23 update (includes chart: 113)

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March 24, 2012, 10:20:13 PM
 #858

I just sent out today's email  Smiley

-March 24 update (includes chart: 114)

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March 25, 2012, 01:28:47 AM
 #859

'premium only' email sent

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March 25, 2012, 12:46:40 PM
 #860

 Undecided
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