Author

Topic: Analysis - page 216. (Read 941582 times)

legendary
Activity: 938
Merit: 1013
January 13, 2015, 10:11:44 AM
I'd prefer to wait for current levels for long, but yes, risk with bitstamp was high.
newbie
Activity: 22
Merit: 0
January 13, 2015, 06:31:47 AM
How's it looking now guys ? Might this be the throw over we're seeing now, or is this the start of the bull move ?
That's always tricky to judge I guess -  bull trap or throw over ?

The 'throw-over' scenario mentioned would be bullish. The example charts posted are for the bearish case, masterluc said to flip them.

hum so the throw over already occured when we went sub previous 266$ ATH?

https://i.imgur.com/jMtlfzA.jpg


nope. try sub 200.


I believe we're currently within that throw-over masterluc mentioned as a possibility back on the 4th, which began with the breakdown at 245. If 225 doesn't hold here, the market will likely test 200 (195-205 range, with 205 being my personal buy target). So far though, his hypothesis seems to be unfolding the way he indicated...

hero member
Activity: 538
Merit: 500
January 13, 2015, 05:03:27 AM
Went out mostly long due to bitstamp incident
Isn't this the opposite of what people usually do?

Sorry, don't get it.
You were long but now you sold or you bought and get out of Bitstamp?

Sorry, don't get it.
You were long but now you sold or you bought and get out of Bitstamp?
He prolly means he won't risk trading.

pretty sure he means that he took his bitcoins out of bitstamp as soon as he could, leaving him long. I read this because of his posting of support, not because of the way his sentence is necessarily phrased  Wink

Truly the enigmatic master lucifer. Only confusion after his posts.  Grin
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
January 13, 2015, 04:54:35 AM
pretty sure he means that he took his bitcoins out of bitstamp as soon as he could, leaving him long. I read this because of his posting of support, not because of the way his sentence is necessarily phrased  Wink
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 13, 2015, 04:30:49 AM
Sorry, don't get it.
You were long but now you sold or you bought and get out of Bitstamp?
He prolly means he won't risk trading.
hero member
Activity: 509
Merit: 500
Can't upload avatar
January 13, 2015, 04:27:19 AM
Sorry, don't get it.
You were long but now you sold or you bought and get out of Bitstamp?
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
January 13, 2015, 04:20:34 AM
Went out mostly long due to bitstamp incident
Isn't this the opposite of what people usually do?
legendary
Activity: 938
Merit: 1013
January 13, 2015, 04:16:42 AM
Went out mostly long due to bitstamp incident
donator
Activity: 2772
Merit: 1019
January 13, 2015, 04:14:45 AM
Did you start buying or waiting we broke support briefly (throw-over)?
But if we stay below for longer it would be bearish - how this would end (going up a bit and then down lower)?

I prefer "down a bit more, then up in huge wave [whatver]"

But that's just my wishes...
hero member
Activity: 509
Merit: 500
Can't upload avatar
January 13, 2015, 04:10:53 AM
Did you start buying or waiting we broke support briefly (throw-over)?
But if we stay below for longer it would be bearish - how this would end (going up a bit and then down lower)?
member
Activity: 76
Merit: 10
January 13, 2015, 04:01:15 AM
welcome back. master
legendary
Activity: 938
Merit: 1013
January 13, 2015, 03:57:05 AM
* masterluc buying frenzy  Grin



Price is at support of this figure.
sr. member
Activity: 316
Merit: 250
January 11, 2015, 12:42:08 PM
It it interesting that Chinese exchanges not only broke short term support, but also (barely for now) the 6th Jan support,
which on BFX is 264$, but BFX didn't yet break it. So China leads this dump, bagholders must be getting desperate.
Their naked shorting bot didn't have a stop command.
keep buying the arb bots will run out of funds

The trades on OKcoin are as slow as a snail. There's been almost nothing happening there for the last hour. Even the bots seem to be having a rest.
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
January 11, 2015, 12:33:54 PM
It it interesting that Chinese exchanges not only broke short term support, but also (barely for now) the 6th Jan support,
which on BFX is 264$, but BFX didn't yet break it. So China leads this dump, bagholders must be getting desperate.
Their naked shorting bot didn't have a stop command.
keep buying the arb bots will run out of funds
legendary
Activity: 2170
Merit: 1094
January 11, 2015, 12:16:32 PM
It it interesting that Chinese exchanges not only broke short term support, but also (barely for now) the 6th Jan support,
which on BFX is 264$, but BFX didn't yet break it. So China leads this dump, bagholders must be getting desperate.

I expected arbitrage bots to equal out the prices by now.

What scenarios do you have for the next 48 hours? Up, down, sideways?

Another drop to 260$ looks probable, but I'm not sure, just watching. After a bottom will be reached I'll say more.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 11, 2015, 12:11:52 PM
It it interesting that Chinese exchanges not only broke short term support, but also (barely for now) the 6th Jan support,
which on BFX is 264$, but BFX didn't yet break it. So China leads this dump, bagholders must be getting desperate.
Their naked shorting bot didn't have a stop command.
sr. member
Activity: 316
Merit: 250
January 11, 2015, 12:10:40 PM
It it interesting that Chinese exchanges not only broke short term support, but also (barely for now) the 6th Jan support,
which on BFX is 264$, but BFX didn't yet break it. So China leads this dump, bagholders must be getting desperate.

I expected arbitrage bots to equal out the prices by now.

What scenarios do you have for the next 48 hours? Up, down, sideways?
legendary
Activity: 2170
Merit: 1094
January 11, 2015, 12:06:03 PM
It it interesting that Chinese exchanges not only broke short term support, but also (barely for now) the 6th Jan support,
which on BFX is 264$, but BFX didn't yet break it. So China leads this dump, bagholders must be getting desperate.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
January 08, 2015, 05:40:55 PM
there are signs that that throwover will come in the next 48h

Do share.

Definitely do share.  This spike to 303 seemed VERY weak.  Weekend is coming, no money hitting the exchanges.  Are we looking at a micro doom crash?
legendary
Activity: 2002
Merit: 1040
January 08, 2015, 05:38:38 PM
Is the frenzy over, Luc?  Grin
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