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Author Topic: Going to ~270 again.  (Read 4688 times)
fewcoins
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December 12, 2014, 11:40:40 PM
 #41

Now that the Microsoft news came out, and the pump went up a measly $17ish dollars, we may hit the true double bottom of around 270.

we are on the down swing again, very possible it would seem.

Yea the downswing is in full effect... We might double bottom around 270~ but that might not be the end. Definitely will be strong resistance
wobber (OP)
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December 16, 2014, 09:28:00 PM
 #42

60 dollars to go until 270. Just saying.

Microsoft, ETF, Time, Dell, USMS... NOTHING HELPED. DO YOU THINK SANTA WILL???

Ship is going down and I was too much of a rat, hoping it will recover. Bitcoin was fun but fun days are over.

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jaredboice
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December 16, 2014, 09:36:23 PM
 #43

60 dollars to go until 270. Just saying.

Microsoft, ETF, Time, Dell, USMS... NOTHING HELPED. DO YOU THINK SANTA WILL???

Ship is going down and I was too much of a rat, hoping it will recover. Bitcoin was fun but fun days are over.



Oh man, you're right.  Such despair!  It's apparent now that I've read your very depressing post that Microsoft and Paypal and Time will very soon realize that it was a mistake to implement bitcoin and then all the venture capital firms are going to throw in the towel and bitcoin is just going to collapse to zero.  All the rabble rabble about Bitcoin being trustless and having virtually no fees and no borders and its use cases for things like smart conracts don't even matter anymore.  And since I don't believe in Santa than there's no more hail mary left for me to hope for and I think I'm just going to dump my coins on the market.   Roll Eyes

Just kidding.

Putting you on ignore
wobber (OP)
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December 16, 2014, 09:43:58 PM
 #44

60 dollars to go until 270. Just saying.

Microsoft, ETF, Time, Dell, USMS... NOTHING HELPED. DO YOU THINK SANTA WILL???

Ship is going down and I was too much of a rat, hoping it will recover. Bitcoin was fun but fun days are over.



Oh man, you're right.  Such despair!  It's apparent now that I've read your very depressing post that Microsoft and Paypal and Time will very soon realize that it was a mistake to implement bitcoin and then all the venture capital firms are going to throw in the towel and bitcoin is just going to collapse to zero.  All the rabble rabble about Bitcoin being trustless and having virtually no fees and no borders and its use cases for things like smart conracts don't even matter anymore.  And since I don't believe in Santa than there's no more hail mary left for me to hope for and I think I'm just going to dump my coins on the market.   Roll Eyes

Just kidding.

Putting you on ignore

Oh man, you're NOT right. I never said or implied that all those big companies did a mistake. But you can't understand that I was just saying, even those big players came, price is still going down and it will go down (or at least not up to 10,000)

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indiemax
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December 16, 2014, 09:53:01 PM
 #45

of course we are going down ,the bottom could be quite way down,

 BUT,  pick your moment as it will rise,patience grasshopper Grin
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December 16, 2014, 09:56:20 PM
 #46

60 dollars to go until 270. Just saying.

Microsoft, ETF, Time, Dell, USMS... NOTHING HELPED. DO YOU THINK SANTA WILL???

Ship is going down and I was too much of a rat, hoping it will recover. Bitcoin was fun but fun days are over.



Oh man, you're right.  Such despair!  It's apparent now that I've read your very depressing post that Microsoft and Paypal and Time will very soon realize that it was a mistake to implement bitcoin and then all the venture capital firms are going to throw in the towel and bitcoin is just going to collapse to zero.  All the rabble rabble about Bitcoin being trustless and having virtually no fees and no borders and its use cases for things like smart conracts don't even matter anymore.  And since I don't believe in Santa than there's no more hail mary left for me to hope for and I think I'm just going to dump my coins on the market.   Roll Eyes

Just kidding.

Putting you on ignore


wobber (OP)
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December 16, 2014, 11:13:56 PM
 #47

Once we get past 329, price will fall down pretty rapidly.

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2dogs
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December 16, 2014, 11:29:42 PM
 #48

270 would be a double bottom - place your bets.
wobber (OP)
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December 16, 2014, 11:47:05 PM
 #49

...

This is why as of RIGHT NOW 300 is impossible & even 330 will be very very hard to hit.

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ParabellumLite
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December 16, 2014, 11:54:14 PM
 #50

270 would be a double bottom - place your bets.

That bottom only held because of massive bidside manipulation last time. Mining companies will be out of business when 270 gets broken, hence they will do everything to manipulate the price. Just like a central banker, ironically.

If 270 gets broken, all them trading bots will get into full fledged panic mode.

wobber (OP)
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December 16, 2014, 11:55:58 PM
 #51

270 would be a double bottom - place your bets.

That bottom only held because of massive bidside manipulation last time. Mining companies will be out of business when 270 gets broken, hence they will do everything to manipulate the price. Just like a central banker, ironically.

If 270 gets broken, all them trading bots will get into full fledged panic mode.



That's the reason I don't think we'll go lower than 270, but very close it it. I'm still optimistic.

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ParabellumLite
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December 16, 2014, 11:58:59 PM
 #52

270 would be a double bottom - place your bets.

That bottom only held because of massive bidside manipulation last time. Mining companies will be out of business when 270 gets broken, hence they will do everything to manipulate the price. Just like a central banker, ironically.

If 270 gets broken, all them trading bots will get into full fledged panic mode.



That's the reason I don't think we'll go lower than 270, but very close it it. I'm still optimistic.

I'm not so sure: miners only have that much money to play around with. If a few whales panic the entire situation might turn real nasty real quick. If even one big whale decides to cash out, it will have a strong effect on the market. Let's see what the big players will do.
inca
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December 17, 2014, 12:38:40 AM
 #53

Once we get past 329, price will fall down pretty rapidly.

Tell me more.
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December 17, 2014, 01:09:51 AM
 #54

Once we get past 329, price will fall down pretty rapidly.

Tell me more.

Well it hit 326 on bitstamp and dead cat bounced back up to 332, but there's not much support to keep it there.

If things turn really nasty and we go to $120 the news will be full of bitcoin drops to a tenth of it's ATH stories. If it starts to rise after that I expect quite a few speculators might jump on board after hearing the news.
RyNinDaCleM
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December 17, 2014, 01:13:03 AM
 #55

$340-350 for this bounce
~$300ish for the next round lower
Bounce
Then retest and quite possibly failure of the double bottom

sniveling
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December 17, 2014, 01:42:38 AM
 #56

Perhaps, but people hearing how low it's gone compared to it's ATH might consider it worth a bet that it might go up again.
BlindMayorBitcorn
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December 17, 2014, 01:50:58 AM
 #57

Perhaps, but people hearing how low it's gone compared to it's ATH might consider it worth a bet that it might go up again.

Perhaps..

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
wolffbit
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December 17, 2014, 02:13:56 AM
 #58

why is bitcion going down the last few days anyone knows? something specific happened?
BlindMayorBitcorn
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December 17, 2014, 02:17:28 AM
 #59

why is bitcion going down the last few days anyone knows? something specific happened?

The USD is pumping and Bitcoin bears are minting it short-selling BTC on margin, I think:-[

Edit: I guess that was more a recap than a reason. Also people are simply walking into Mordor and buying ripple now Shocked

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mlferro
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December 17, 2014, 03:12:18 AM
 #60

why is bitcion going down the last few days anyone knows? something specific happened?

The USD is pumping and Bitcoin bears are minting it short-selling BTC on margin, I think:-[

Edit: I guess that was more a recap than a reason. Also people are simply walking into Mordor and buying ripple now Shocked
this may explain the increased ripple

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