RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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February 19, 2012, 03:53:36 AM |
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Looking at the long term charts in detail I'm beginning to wonder if in fact we have hit the bottom...hmmm...
Selling pressure has dropped significantly. Though I would not discount another large sell or two either.
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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February 19, 2012, 05:03:20 AM |
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Looking at the long term charts in detail I'm beginning to wonder if in fact we have hit the bottom...hmmm...
Selling pressure has dropped significantly. Though I would not discount another large sell or two either. Yea Im thinking along the lines of another bounce or 2 off the bottom (assuming we've hit the bottom).
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bittenbob
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February 19, 2012, 05:13:17 AM |
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The new Bitcoinica interest rate indicator is showing they have enough USD reserves now. It is quite possible we are at the bottom and those with shorts from $6 will be liquidating soon.
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Oldminer
Legendary
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Activity: 1022
Merit: 1001
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February 19, 2012, 08:27:58 AM |
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$4.21 'wall' has gone..
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Crypt_Current
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February 19, 2012, 09:28:04 AM |
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It's not bottom yet.
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Bro
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February 19, 2012, 10:16:45 AM |
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I know that if it goes lower, I have money ready to invest. So maybe I'm generalizing. Anyone in the same case?
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zvs
Legendary
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Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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February 19, 2012, 11:53:40 AM |
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$4.21 'wall' has gone..
didnt really notice it much myself. the resistance between 4 - 4.20? anyway, i bought back in at 4.22 about 10 minutes ago
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mc_lovin
Legendary
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Activity: 1190
Merit: 1000
www.bitcointrading.com
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February 20, 2012, 06:06:16 AM |
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I know that if it goes lower, I have money ready to invest. So maybe I'm generalizing. Anyone in the same case?
Ditto. When the price is $2, buy $2000 worth for 1000 BTC, wait till price is $10, sell for $10,000. The price sways up and down often enough to be reliably unstable and there is so much money to be made in this system.
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bitcoinTrader
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February 20, 2012, 06:24:45 AM |
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I know that if it goes lower, I have money ready to invest. So maybe I'm generalizing. Anyone in the same case?
I also have some money sitting in couple of exchanges, along with bitcoins. And some more money in transit via dwolla. Whichever way the market goes, they are ready to be traded
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N12 (OP)
Donator
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Activity: 1610
Merit: 1010
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February 20, 2012, 10:31:01 AM |
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Bullish ones. Ah I see. Ok, lets return to this thread in oh..a few days or so (or after the weekend even ) OK, here I am.
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SlaveInDebt
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February 20, 2012, 12:58:32 PM |
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Looks more like up in the near future. Then down down down
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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zby
Legendary
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Activity: 1592
Merit: 1001
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February 20, 2012, 01:55:56 PM |
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Looks more like up in the near future. Then down down down My bet is on down, bounce back from about 4.2, reach the resistance line around 4.4 forming a triangle and then down, down, down
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proudhon
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Activity: 2198
Merit: 1311
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February 20, 2012, 03:12:08 PM |
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Looks more like up in the near future. Then down down down My bet is on down, bounce back from about 4.2, reach the resistance line around 4.4 forming a triangle and then down, down, down Do you think it will ever go up above $5 again?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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SlaveInDebt
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February 20, 2012, 03:21:21 PM |
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Looks more like up in the near future. Then down down down My bet is on down, bounce back from about 4.2, reach the resistance line around 4.4 forming a triangle and then down, down, down Do you think it will ever go up above $5 again? That happens after the third down
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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ineededausername
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February 20, 2012, 03:21:56 PM |
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Looks more like up in the near future. Then down down down My bet is on down, bounce back from about 4.2, reach the resistance line around 4.4 forming a triangle and then down, down, down Do you think it will ever go up above $5 again? Wow, again, proudhon? Your last prediction about $5 almost failed.
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(BFL)^2 < 0
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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February 20, 2012, 04:27:04 PM |
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Looks more like up in the near future. Then down down down My bet is on down, bounce back from about 4.2, reach the resistance line around 4.4 forming a triangle and then down, down, down Do you think it will ever go up above $5 again? Wow, again, proudhon? Your last prediction about $5 almost failed. Almost.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Oldminer
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Activity: 1022
Merit: 1001
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February 20, 2012, 07:22:07 PM |
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Looks more like up in the near future. Then down down down Yea
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pirateat40
Avast Ye!
Sr. Member
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Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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February 20, 2012, 07:34:45 PM |
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Tril
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February 21, 2012, 05:44:33 PM |
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I aspire to almost fail repeatedly
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zvs
Legendary
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Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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February 23, 2012, 08:44:30 AM |
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$4.21 'wall' has gone..
didnt really notice it much myself. the resistance between 4 - 4.20? anyway, i bought back in at 4.22 about 10 minutes ago i win?
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