Topic: Analysis - page 268. (Read 941596 times)
@masterluc: i am starting to think you were right calling a "see you in 2016-17". not a bright future near term. many challenges to be taken care of before a sustainable 1000k price
Oh wow, fib support 0.236 completely devastated, approaching floor.
I hate to say I told you so, but- ah who am I kidding, I told you so!
Seriously though, I did not expect this. Any dumb sheep (harr) can smell the (successful it seems) Gox market manipulation attempt from miles away. Will this be the final deathblow that makes people realize what a shit exchange they truly are? [optimistic]
I hate to say I told you so, but- ah who am I kidding, I told you so!
Seriously though, I did not expect this. Any dumb sheep (harr) can smell the (successful it seems) Gox market manipulation attempt from miles away. Will this be the final deathblow that makes people realize what a shit exchange they truly are? [optimistic]
/tin foil hat ON
mtgox coins sold on btc-e ?
/tin foil hat OFF
Possibly. Or, as reddit would have it, a textbook case of a beached whale mtgox coins sold on btc-e ?
/tin foil hat OFF
/tin foil hat ON
mtgox coins sold on btc-e ?
/tin foil hat OFF
Bought like a mofo earlier today in the $530 to $600 range, if we go under $450 I will load the truck!!
Gotta love panickers and noobs.
Gotta love panickers and noobs.
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10:26 what are your targets if it pops? (any direction)
10:26 my is 400
10:26 super beat 100-120
10:26 bear*
10:26 wow
10:26
10:26
10:26
10:26
have a nice day :=)
Time to buy (short term)
Indeed time to begin, but probably not only short term for me. Premium of MtGox over Bitstamp is currently -15.9090909091 %. Beautiful.
Bitcoin plunges as major exchange halts withdrawals
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
Reading the comments, highest voted comments still think it's a scam/pyramid scheme etc. Good, I still have time to stack more coins
When I try explaining Bitcoin to my friends, the first impression is always its a scam/pyramid scheme. I keep telling them not to come back crying in 10 years.
I usually explain it like it's a protocol to transfer value. Or a decentralized consensus system. That usually gets their attention.
Bitcoin plunges as major exchange halts withdrawals
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
Reading the comments, highest voted comments still think it's a scam/pyramid scheme etc. Good, I still have time to stack more coins
When I try explaining Bitcoin to my friends, the first impression is always its a scam/pyramid scheme. I keep telling them not to come back crying in 10 years.
Regarding this thread, whats the common thinking? Going up or down?
Weak hands (and brains) are selling. Smart money is buying:
https://bitcointalksearch.org/topic/gbtc-bitcoin-investment-trust-observer-337486
http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
https://bitcointalksearch.org/topic/gbtc-bitcoin-investment-trust-observer-337486
http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
True, if you call "smart" money people who trust their holdings to others and pay hefty fees for this.
Weak hands (and brains) are selling. Smart money is buying:
https://bitcointalksearch.org/topic/gbtc-bitcoin-investment-trust-observer-337486
http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
https://bitcointalksearch.org/topic/gbtc-bitcoin-investment-trust-observer-337486
http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
Bitcoin plunges as major exchange halts withdrawals
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
Reading the comments, highest voted comments still think it's a scam/pyramid scheme etc. Good, I still have time to stack more coins
Yeah very few of the general population grok bitcoin
Bitcoin plunges as major exchange halts withdrawals
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
Reading the comments, highest voted comments still think it's a scam/pyramid scheme etc. Good, I still have time to stack more coins
Bitcoin plunges as major exchange halts withdrawals
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
http://money.cnn.com/2014/02/07/investing/bitcoin-withdrawal-halt/
I tend to agree.. if volume remains low while going up, and high while going down - logic would dictate that there are more people wanting to sell than buy. And down we go.
Looking at google trends, there can't be that much new money coming in.. and that's a problem. If I'm not mistaken, the big rallies have often, if not always, corresponded with a rise in the google searches. We've been declining for some time now.
Looking at google trends, there can't be that much new money coming in.. and that's a problem. If I'm not mistaken, the big rallies have often, if not always, corresponded with a rise in the google searches. We've been declining for some time now.
Google trends is, as has been repeated ad nauseam, a lagging indicator. And nobody (I hope
) is assuming we're in a rally right now. Google trends will pick up once the consolidation/bear market is over. And that question can't be settled by looking at Google trends IMO.
I tend to agree.. if volume remains low while going up, and high while going down - logic would dictate that there are more people wanting to sell than buy. And down we go.
Looking at google trends, there can't be that much new money coming in.. and that's a problem. If I'm not mistaken, the big rallies have often, if not always, corresponded with a rise in the google searches. We've been declining for some time now.
Looking at google trends, there can't be that much new money coming in.. and that's a problem. If I'm not mistaken, the big rallies have often, if not always, corresponded with a rise in the google searches. We've been declining for some time now.
As for Bitcoin technical analysis: Does anyone have an argument (charting, please) as for why 650 (gox)/619 (stamp) could not have probably been the next higher low after 455 forming a triangle (or a C triangle wave for EWers)?
This?
Maybe. But I don't like these deviations starting to expand along with price going down on rising volume.
And also bounced macd + crossed down zero line
Time to buy (short term)
Indeed time to begin, but probably not only short term for me. So, "good news" guys, how do you explain all of this despite the "good news"? Learn to realize it, markets are made up of people and people make up their decisions according to their emotions which in turn is the lense for EVERYTHING external!
I'm starting to believe you.
Do you know any good books etc on this topic?
Goomboo has a nice reading list.
If it doesn't have to be a book, I like http://www.babypips.com/school for learning technical analysis.
thanks
edit: there was a post on here not long ago (i think it was on this thread) with a link to bitcoin elliot wave analysis done by a respected german gold trader (or something like that?) Does anyone have a link or know what his name is so I can look it up?
As for Bitcoin technical analysis: Does anyone have an argument (charting, please) as for why 650 (gox)/619 (stamp) could not have probably been the next higher low after 455 forming a triangle (or a C triangle wave for EWers)?
Currently reading Kirkpatrick/Dahlquist's 'Technical Analysis'. Don't have much to compare it against, but I like the solid, methodological style, similar to the textbooks I'm used to.
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Reminiscences of a Stock Operator
Great book. The best thing I've learned from it is to not give a fuck if I think I'm right.
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