proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
 |
April 16, 2013, 12:32:12 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
|
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.
|
|
|
Nikolaj06
Member

Offline
Activity: 116
Merit: 10
WINSTARS - We are changing the face of gambling
|
 |
April 16, 2013, 12:33:51 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
Proudhon, you are scaring me! This is the second post where you call the bottom at 50.. Does this mean we are going to single digits? :s
|
|
|
|
Brushan
Member

Offline
Activity: 224
Merit: 10
|
 |
April 16, 2013, 12:36:19 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
Proudhon, you are scaring me! This is the second post where you call the bottom at 50.. Does this mean we are going to single digits? :s That's what he wants. This is trolling at it's finest. If proudhon keeps going he'll probably end up as an internet legend.
|
|
|
|
ManBearPig
|
 |
April 16, 2013, 12:37:07 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
My God - we, we agree!  32K up or down sees a spread from $50 to $83. Haven't seen that for quite a while.
|
|
|
|
labestiol
|
 |
April 16, 2013, 12:38:42 PM |
|
 My money is on 50 holding (quite literally speaking). Where do you get these charts ?
|
1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
|
|
|
|
DougTanner
|
 |
April 16, 2013, 12:50:41 PM |
|
Crazy night. Hit $50 again? 
|
|
|
|
crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
|
 |
April 16, 2013, 01:00:04 PM |
|
 My money is on 50 holding (quite literally speaking). Where do you get these charts ? Interesting that it's hotter more recently the big crash. Maybe the price swooped down faster then volume really caught up with it?
|
more or less retired.
|
|
|
Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
|
 |
April 16, 2013, 01:04:50 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
Wow, I'm bearish than Proudhon. I'd bet the bottom is between $30 and $40. In mid-term I think we will stabilize above $60, due to current difficulty growth projections I don't think miners will be happy to sell their bitcoins any lower than that, they still need to cover electricity costs.
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2786
Merit: 1023
|
 |
April 16, 2013, 01:05:53 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
WHAT? Nooooo. proudhon called a bottom. I think I need to sell!
|
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
|
|
|
cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
|
 |
April 16, 2013, 01:06:44 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
Wow, I'm bearish than Proudhon. I'd bet the bottom is between $30 and $40. He is now our bull.
|
My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
|
|
|
rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
|
 |
April 16, 2013, 01:09:48 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
WHAT? Nooooo. proudhon called a bottom. I think I need to sell! Huh. Nothing has shaken me as much as agreeing with Proudhon.  Perhaps we will revisit $32, I hope.....
|
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
 |
April 16, 2013, 01:13:26 PM |
|
not much support for this price at the moment
|
|
|
|
Zomdifros
|
 |
April 16, 2013, 01:20:04 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
Well I actually believe you are absolutely right. To be honest, I never expected the price to bottom again this week, but now that we have a second bottom slightly below the previous one, there are very few people left who believe the price is still too high (as compared to those who hope the price will go down more so they can buy more). The thing is, all those sheep who are waiting at the sideline with their recently approved MtGox accounts can use this opportunity to ride the next big wave, which will hopefully bring us to $1000 in a few months. It's all a matter of confidence, the fundamental factors have been in place for a long time.
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
 |
April 16, 2013, 01:20:59 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
Well I actually believe you are absolutely right. To be honest, I never expected the price to bottom again this week, but now that we have a second bottom slightly below the previous one, there are very few people left who believe the price is still too high (as compared to those who hope the price will go down more so they can buy more). The thing is, all those sheep who are waiting at the sideline with their recently approved MtGox accounts can use this opportunity to ride the next big wave, which will hopefully bring us to $1000 in a few months. It's all a matter of confidence, the fundamental factors have been in place for a long time. +1
|
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.
|
|
|
herzmeister
Legendary
Offline
Activity: 1764
Merit: 1007
|
 |
April 16, 2013, 01:23:41 PM |
|
+1

|
|
|
|
cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
|
 |
April 16, 2013, 01:24:23 PM |
|
proudhon, do you understand that you are the perfect counter-indicator (or the final manipulator?) You stayed bear for months, from 20 to 256. At 250$, you said that you could be wrong, and you turned bull. The marked crashed like 2 minutes later. You stayed bear during the fall, and that's normal, but now you are turning bull again. You are perfect! 
|
My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
|
|
|
Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
|
 |
April 16, 2013, 01:31:50 PM |
|
Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.
Well I actually believe you are absolutely right. To be honest, I never expected the price to bottom again this week, but now that we have a second bottom slightly below the previous one, there are very few people left who believe the price is still too high (as compared to those who hope the price will go down more so they can buy more). The thing is, all those sheep who are waiting at the sideline with their recently approved MtGox accounts can use this opportunity to ride the next big wave, which will hopefully bring us to $1000 in a few months. It's all a matter of confidence, the fundamental factors have been in place for a long time. +1 Proudhon, please be frank: are you trolling?
|
|
|
|
Ente
Legendary
Offline
Activity: 2126
Merit: 1001
|
 |
April 16, 2013, 01:33:05 PM |
|
If we stay above 50 the next hours I count that as the bottom. I already doubled down on the way down, so I guess I will quadruple down, huh? Hope we don't cross 70 yet, before I get home to the seond half of my paperwallet.
Damn, what a ride!
Ente
|
|
|
|
|