Topic: $500 - how did you know? - page 2. (Read 3161 times)
Massive red flag was kids opening threads asking if they should borrow a million bucks from Daddy to get in on inflated prices lol
Bounce of 20 Nov low and support from 200SMA on the 12hr.....it's not rocket science. Break these and we're looking at the 200SMA on the 1D.
Does that even mean anything?
Yes, it means profit.
What goes up, must come down.
similar to my d*ck 
How did you figure that the price would drop below $500? I want to learn.
Just like in every other case when people talk about Bitcoin price - they guessed.
True, out of many predictions, some just have to be right
Have you ever noticed that broken watches* are never completely broken? They still manage to tell the correct time twice a day without moving a hand.
* excluding digital watches.
* excluding digital watches.
OTOH: Chinese mania started when they broke 2000 CNY. So yesterday I said at a meetup that if you have the balls to trade then you should place buy orders around the USD equivalent of 2500 CNY. But I also said: that number is mostly a guess out of my ass. Although I looked confident and showed charts on my phone as "proof".
So price will drop to $400?
I see the mania in USD as starting around mid-$200. So we will drop all the way back there? Is this how crashes work?
I don't know what happened, but Coinbase actually dropped to $400 when I randomly woke up this AM and checked my phone. Grabbed a few coins at that price, wish I had more fiat.
Bounce of 20 Nov low and support from 200SMA on the 12hr.....it's not rocket science. Break these and we're looking at the 200SMA on the 1D.
Does that even mean anything?
It will hit 20 bucks in December 25th.
So price will drop to $400?
Check the stamp bottom today.
Bounce of 20 Nov low and support from 200SMA on the 12hr.....it's not rocket science. Break these and we're looking at the 200SMA on the 1D.
https://bitcointalk.org/index.php?topic=374042.20;topicseen
Called it yesterday, although I didn't think the price would drop quite that fast. The trend is similar to when we hit the ATH in April, although it managed to hold on a little bit longer before some kind of bad news happened at a major exchange (Mtgox in April, btcchina now). I won't pretend to call the bottom, but based on the sentiment and the estimation of fiat waiting to get in, I think it'll be somewhere between $200-$300.
Called it yesterday, although I didn't think the price would drop quite that fast. The trend is similar to when we hit the ATH in April, although it managed to hold on a little bit longer before some kind of bad news happened at a major exchange (Mtgox in April, btcchina now). I won't pretend to call the bottom, but based on the sentiment and the estimation of fiat waiting to get in, I think it'll be somewhere between $200-$300.
Hit the zoom out button on the graph.
Just don't tell anyone how far to zoom out. 
OTOH: Chinese mania started when they broke 2000 CNY. So yesterday I said at a meetup that if you have the balls to trade then you should place buy orders around the USD equivalent of 2500 CNY. But I also said: that number is mostly a guess out of my ass. Although I looked confident and showed charts on my phone as "proof".
So price will drop to $400?
I see the mania in USD as starting around mid-$200. So we will drop all the way back there? Is this how crashes work?
What patterns? I know what goes up must come down. I am asking about the specific $500 target. Teach me.
What goes up, must come down.
Patterns.
rpietila, few days ahead. Educated guess of a mad trader.
OTOH: Chinese mania started when they broke 2000 CNY. So yesterday I said at a meetup that if you have the balls to trade then you should place buy orders around the USD equivalent of 2500 CNY. But I also said: that number is mostly a guess out of my ass. Although I looked confident and showed charts on my phone as "proof".
I know you are reading this you're welcome, dude...
OTOH: Chinese mania started when they broke 2000 CNY. So yesterday I said at a meetup that if you have the balls to trade then you should place buy orders around the USD equivalent of 2500 CNY. But I also said: that number is mostly a guess out of my ass. Although I looked confident and showed charts on my phone as "proof".
I know you are reading this
you're welcome, dude... How did you figure that the price would drop below $500? I want to learn.
Just like in every other case when people talk about Bitcoin price - they guessed.
some dude had a dream of a drop before it happened. not me, my dreams are all bullish. but there was some other dude, I think we might want to give him credit for that 
Masterluc ?
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