del

[waveaddict]

@myself, I will be glad to teach you how to count waves if you subscribe.

From your chart though, the wave count is impossible

[adamstgBit]

honestly i think we are going sideways for a very long time.

5$ wall is bigger then it seams, support under 4.5 is stronger then anyone thinks.

this will hold true for months!

and when it finally breaks, it wont be going down.

[proudhon]

so ppl are you ready ? i closed my shorts ( ) this can be 19/12/2011 all over again

Nope.

[N12]

so ppl are you ready ? i closed my shorts ( ) this can be 19/12/2011 all over again

Has the Bitcoinica gambling gained you any money, net?

[adamstgBit]

take a step back.

look at All Data chart.
ask your self the following questions

why 0.5$
why 5$
why 30$
why 14$
why 2$
why 7$
why 5$

now all that considered, is 5$ the new 0.50$  

[RyNinDaCleM]

take a step back.

look at All Data chart.
ask your self the following questions

why 0.5$
why 5$
why 30$
why 14$
why 2$
why 7$
why 5$

now all that considered, is 5$ the new 0.50$  

I certainly hope not! Otherwise, when we dip back below $4 (the old $.10?), everyone will be scrambling for the exits.

[proudhon]

take a step back.

look at All Data chart.
ask your self the following questions

why 0.5$
why 5$
why 30$
why 14$
why 2$
why 7$
why 5$

now all that considered, is 5$ the new 0.50$  

I can almost guarantee that the price won't behave in the future like it did during the timespan you represented there.  The days of the kind of gains we saw in 2010, 2011, and early 2012 are over.  

I think bitcoin has proven its resilience for the time being, and I do think the price will go higher than it is now this year, but I doubt very much we'll see sustained prices above $10 in the next year, and I don't think we'll see a billion dollar market cap even in the next four years.

As I've said elsewhere, I think this year the price is going to go up (a summer boom) and then fall again and settle for some time back in the single digits ($6-7).

[bitcoinBull]

my magic 8 ball see this

Your magic 8-ball seems to have switched from "down" to "up".

[RyNinDaCleM]

update from the magic ball

[image] Nondescript chart [/image]

When is this chart from/to?
Duration of the candles?

Please/Thanks! 

[RyNinDaCleM]

past<->present
one doted line each 7 days, easy no ?




also some news
http://www.reuters.com/article/2012/04/17/us-usa-drugs-internet-idUSBRE83G01Q20120417   n00bs use paypal

Easy yes!
Also, your link doesn't work. Is it this one?
http://www.reuters.com/article/2012/04/17/net-us-usa-drugs-internet-idUSBRE83G01Q20120417

SR may be next!

[M4v3R]

Descending Triangle

A bearish chart pattern used in technical analysis that is created by drawing one trendline that connects a series of lower highs and a second trendline that has historically proven to be a strong level of support.

Oops.

[arepo]

assuming that an ascending/descending triangle pattern is always bearish/bullish will get you into trouble, i promise.

[arepo]

and certainty is a trap, my friend

[proudhon]

a small update soon the triangle will end

It's going to end with the price creeping out of the upper trendline, slowing drifting down, and then breaking through the lower trendline.  Just watch.  We're not done with the $4s.

[bitcoinBull]

like the recent charts. keep it up.

[proudhon]

a test to the 5,00 wall will be done the question is has anyone ++20k to hammer that wall down ?

The answer is very clearly 'yes'.

[adamstgBit]

a test to the 5,00 wall will be done the question is has anyone ++20k to hammer that wall down ?

The answer is very clearly 'yes'.

the real question is...what is he waiting for? does he think he could sell 20K bitcoin in a few days and get an average price of 5.05 pre BTC? MAYBE!

we are moving on up, 5$ is where the tables turn, its been really hard getting over 5$, but that's a good thing.



no 5$ is the new 1$  

[proudhon]

a test to the 5,00 wall will be done the question is has anyone ++20k to hammer that wall down ?

The answer is very clearly 'yes'.

the real question is...what is he waiting for? does he think he could sell 20K bitcoin in a few days and get an average price of 5.05 pre BTC? MAYBE!

we are moving on up, 5$ is where the tables turn, its been really hard getting over 5$, but that's a good thing.



no 5$ is the new 1$  

$5 very well may be an important resistance/support zone before moving up (like $1 was early last year), but I can almost guarantee that a move away from $5 will not be like last year's move away from $1.  I think a strong break away from $5 might, might, retest the 2012 high.  And maybe, maybe, set a new high for 2012.  But, I'm doubtful of a move to $10, to say nothing of a move beyond $10, this year; and regardless of how high the price goes during the remainder of 2012, well, you know what I think about that.

[proudhon]

so is time to make M ? does anyone want a W ?

I don't know.  I'm seeing serious divergence, though.  Could be up or down.

[adamstgBit]

$5 very well may be an important resistance/support zone before moving up (like $1 was early last year), but I can almost guarantee that a move away from $5 will not be like last year's move away from $1.  I think a strong break away from $5 might, might, retest the 2012 high.  And maybe, maybe, set a new high for 2012.  But, I'm doubtful of a move to $10, to say nothing of a move beyond $10, this year; and regardless of how high the price goes during the remainder of 2012, well, you know what I think about that.

highlighted a few key words their

theirs no reason to think we wont see an other crazy boom in price. in fact i would say a huge boom up and over 32 is inevitable! Due to the self perpetuating nature of bitcoin(it really works!).  It could take 10 years... but its going to happen.. 50$ a bitcoin only means  500 million dollar Market Cap...  its really not that much when you think of the bitcoins global reach, and its utility (its e-gold, no not e-fools-gold, real fucking e-gold)

once you sold out it all at 10$ will you ever buy back if it never goes lower?

or will you part of the 99% that dont use bitcoin  

yes i know, my theory can't be backed up by fancy technical analyst, lol trolling is fun!