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Topic: Analysis - page 166. (Read 941582 times)

hero member
Activity: 854
Merit: 503
Legendary trader
August 19, 2015, 04:35:18 AM
May I ask what is your trading position then in all of this?
legendary
Activity: 938
Merit: 1013
August 19, 2015, 04:28:40 AM
Hi. I spending my time in a long travel in airports. And just saw this action. Of course bullish scenario invalidated as escape trend has been broken.



I will change my bias to bearish if price return back to log long term downtrend and weekly sma200 will be broken down. Until then I think it will go sideways 200-300 for a months.


legendary
Activity: 1428
Merit: 1000
August 19, 2015, 02:42:27 AM
Was this Final Capitulation?

This is just margin call, Volume still low for a capitulation.
Still $25m longs open, if we go near $200 again, pressure would build on them to cover.
hero member
Activity: 722
Merit: 500
August 19, 2015, 02:30:45 AM

How exactly are the XT crowd sabotaging 'the while thing'?


Bitcoin XT has code which downloads your IP address to facilitate blacklisting

Why didn't the Core guys point this out?
legendary
Activity: 1176
Merit: 1000
August 19, 2015, 02:24:47 AM
Devs are holding Bitcoin hostage.  How is that for decentralized.  One side censoring everything, other side threatening to crash the network. http://www.ibtimes.co.uk/coinwallet-plans-bitcoin-dust-attack-september-create-30-day-transaction-backlog-1515981


Devs are not responsible for action of theymos and other "community" managers.

On the other hand the XT-gang is definitely trying to sabotage the whole thing.

How exactly are the XT crowd sabotaging 'the while thing'?

If less than 75% of mining power chooses XT then nothing changes.

Are you confusing speculators toying with the price with the implementation of a modified bitcoin client?
member
Activity: 111
Merit: 10
August 19, 2015, 01:42:19 AM
Was this Final Capitulation?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 18, 2015, 09:44:44 PM
Devs are holding Bitcoin hostage.  How is that for decentralized.

Get your facts straight. No devs are holding Bitcoin hostage. The free market will always win out.

 Grin

Difference of opinion I guess.  People entrusted with this responsibility should work harder to achieve a consensus amongst themselves.

Perhaps removing opinion on factual arguments would be best.

Let's call it for what it is. Decentralization still exists . Just people disagreeing is all.

People are
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 18, 2015, 09:41:34 PM
Devs are holding Bitcoin hostage.  How is that for decentralized.  One side censoring everything, other side threatening to crash the network. http://www.ibtimes.co.uk/coinwallet-plans-bitcoin-dust-attack-september-create-30-day-transaction-backlog-1515981


Devs are not responsible for action of theymos and other "community" managers.

On the other hand the XT-gang is definitely trying to sabotage the whole thing.
legendary
Activity: 1456
Merit: 1000
August 18, 2015, 09:04:23 PM
Devs are holding Bitcoin hostage.  How is that for decentralized.

Get your facts straight. No devs are holding Bitcoin hostage. The free market will always win out.

 Grin

Difference of opinion I guess.  People entrusted with this responsibility should work harder to achieve a consensus amongst themselves.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 18, 2015, 08:59:13 PM
Devs are holding Bitcoin hostage.  How is that for decentralized.

Get your facts straight. No devs are holding Bitcoin hostage. The free market will always win out.

 Grin
legendary
Activity: 1456
Merit: 1000
August 18, 2015, 08:55:19 PM
Devs are holding Bitcoin hostage.  How is that for decentralized.  One side censoring everything, other side threatening to crash the network. http://www.ibtimes.co.uk/coinwallet-plans-bitcoin-dust-attack-september-create-30-day-transaction-backlog-1515981
legendary
Activity: 1456
Merit: 1000
August 18, 2015, 08:54:39 PM
Waiting for the master's input on this recent drop........

going by TA and numbers im sure it invalidates the hell out of everything but after all... this is bitcoin so who knows

Not even 5AM yet in Ukraine, could take a while . . .

Even if we rebound back assuming this was all stop losses on longs the optics of this are horrible.  To go from 250 to 162 in a matter of minutes ... i mean I dont think BRE-X stock fell so drastically % wise during its capitulation.
Han
newbie
Activity: 40
Merit: 0
August 18, 2015, 08:49:48 PM
Waiting for the master's input on this recent drop........

going by TA and numbers im sure it invalidates the hell out of everything but after all... this is bitcoin so who knows

Not even 5AM yet in Ukraine, could take a while . . .
legendary
Activity: 1456
Merit: 1000
August 18, 2015, 08:45:54 PM
Waiting for the master's input on this recent drop........

going by TA and numbers im sure it invalidates the hell out of everything but after all... this is bitcoin so who knows
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 18, 2015, 08:44:07 PM
Waiting for the master's input on this recent drop........
legendary
Activity: 1456
Merit: 1000
August 18, 2015, 07:36:15 PM
I guess the XT issue wasnt priced in.  WOW.  Sad

It was more like an attack on ~30 mil leverage positions on bfx. Many people lost, one guy earned millions.

Even so, the optics of this are terrible for ppl sitting on the sidelines....

hero member
Activity: 538
Merit: 500
August 18, 2015, 07:33:28 PM
I guess the XT issue wasnt priced in.  WOW.  Sad

It was more like an attack on ~30 mil leverage positions on bfx. Many people lost, one guy earned millions.
legendary
Activity: 1456
Merit: 1000
August 18, 2015, 07:20:23 PM
I guess the XT issue wasnt priced in.  WOW.  Sad
legendary
Activity: 2170
Merit: 1094
August 18, 2015, 06:54:48 PM
The market needs to test a bottom on high volume, similar to the one in April. Then we can go up a bit, before starting another capitulation.

Down, down, down eh? At least you are consistent.

Not sure why you still do not see the high volume capitulation at 160 followed by a series of extremely obvious higher lows and major higher highs.


Well, this is NOT similar to April, holy shit, I am so glad I didn't place any buy orders at 230$ as I planned!!! Shocked

PS. inca couldn't have chosen a worse timing for his damage control... Cheesy
legendary
Activity: 1176
Merit: 1000
August 18, 2015, 06:08:45 PM
The market needs to test a bottom on high volume, similar to the one in April. Then we can go up a bit, before starting another capitulation.

Down, down, down eh? At least you are consistent.

Not sure why you still do not see the high volume capitulation at 160 followed by a series of extremely obvious higher lows and major higher highs.

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