Author

Topic: Analysis - page 284. (Read 941596 times)

legendary
Activity: 3122
Merit: 1538
yes
December 26, 2013, 02:14:38 AM
What would happen if everyone had to turn every dime and severe deflation kicks in? Less money flowing into BTC or people running to BTC as a saviour?
sr. member
Activity: 434
Merit: 250
December 25, 2013, 10:50:05 PM
masterluc you're starting to sound like a writer for zerohedge

but ill bite...bears like honey, no honey - no bears, bulls take over
legendary
Activity: 938
Merit: 1013
December 25, 2013, 10:41:25 PM
And how does FED tapering affect the Bitcoin Market Cap?
No money - no honey  Grin
legendary
Activity: 2156
Merit: 1070
December 25, 2013, 10:36:13 PM
And how does FED tapering affect the Bitcoin Market Cap?

Crash and burn. Death and destruction. Or so I was told.
legendary
Activity: 984
Merit: 1000
December 25, 2013, 10:33:03 PM
And how does FED tapering affect the Bitcoin Market Cap?

Edit: seriously, this is ridiculous. Bitcoin is way to small and irrelevant to the forces you are trying to compare it to. One tweet by Snoop Dogg has more effect on the price of Bitcoin than what the FED does. You should rather stick to your waves.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 25, 2013, 10:32:47 PM
Also don't pay attention to what zero hedge spews up you idiots.
http://rationalwiki.org/wiki/Zero_Hedge
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
December 25, 2013, 10:32:41 PM
Yeah, whats the point of that ZH article? Nothing to do with Bitcoin.

Er...everything to do with everything, markets and economies are entwined no matter how you call it. BTC will be held up and valued in comparison with shrinking markets, and will either be deigned not worth the risk so no inflow....or as a good hedge so inflow.

Of course ZH always lose me when they pull something like this....



 Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 938
Merit: 1013
December 25, 2013, 10:28:18 PM
The point is money printing shrinks by $10 bln a month (bitcoin market cap)
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 25, 2013, 10:26:30 PM
Yeah, whats the point of that ZH article? Nothing to do with Bitcoin.

The point is the correlation lucif pointed out in the past. Read the previous posts.
legendary
Activity: 984
Merit: 1000
December 25, 2013, 10:23:48 PM
Yeah, whats the point of that ZH article? Nothing to do with Bitcoin.
sr. member
Activity: 434
Merit: 250
December 25, 2013, 10:20:36 PM
@ masterluc

certainly, markets atm, not a good idea.  still curious why this means btc price may crash in relation, and not simply experience relatively slower growth as a result?
legendary
Activity: 938
Merit: 1013
donator
Activity: 2772
Merit: 1019
December 25, 2013, 04:10:13 PM
I understand bitcoin and I'm looking to get as many coins as I can with a given amount of fiat

Then put in orders @ $350 and wait what happens.
was looking for something more technical rather than glib

I was thinking about this.



At this moment a sell off enough to take some risk but uncertain whether we will get there soon (if ever). A main rule of trading is 'when in doubt, don't do anything'.

A lot of people here expect what you charted. Therefore it might not happen. Market tends to move in the direction of most pain.
A lot of people here expect > $1k and ATHs next month, and that the rocket will take off by the new year. So it's difficult to use this as an indicator of sentiment.

Many people were very sure that $576 was the bottom as well.

Yeah, that's true. We can't draw any reliable conclusion from that. Phoenix1 is right, though: we'll find out.
hero member
Activity: 826
Merit: 508
December 25, 2013, 02:52:49 PM
I understand bitcoin and I'm looking to get as many coins as I can with a given amount of fiat

Then put in orders @ $350 and wait what happens.
was looking for something more technical rather than glib

I was thinking about this.



At this moment a sell off enough to take some risk but uncertain whether we will get there soon (if ever). A main rule of trading is 'when in doubt, don't do anything'.

A lot of people here expect what you charted. Therefore it might not happen. Market tends to move in the direction of most pain.
A lot of people here expect > $1k and ATHs next month, and that the rocket will take off by the new year. So it's difficult to use this as an indicator of sentiment.

Many people were very sure that $576 was the bottom as well.
hero member
Activity: 798
Merit: 1000
December 25, 2013, 10:22:03 AM



 Market tends to move in the direction of most pain.


This is the truth.

It is indeed ... but who really knows where the direction of most pain lies ??

We will find out in time, and not without a few more traps on the way ...
hero member
Activity: 509
Merit: 564
"In Us We Trust"
December 25, 2013, 10:16:30 AM
I understand bitcoin and I'm looking to get as many coins as I can with a given amount of fiat

Then put in orders @ $350 and wait what happens.
was looking for something more technical rather than glib

I was thinking about this.



At this moment a sell off enough to take some risk but uncertain whether we will get there soon (if ever). A main rule of trading is 'when in doubt, don't do anything'.

A lot of people here expect what you charted. Therefore it might not happen. Market tends to move in the direction of most pain.


This is the truth.
sr. member
Activity: 308
Merit: 250
December 25, 2013, 05:04:28 AM
If you're having trouble predicting things with charts it's because China is screwing around with btc again - no way to predict what'll happen. I can't wait till their government just shuts down the exchanges.

+1,

It's way to risky to have a commie socialist government have this much control over BTC.
hero member
Activity: 728
Merit: 500
December 25, 2013, 05:02:26 AM
If you're having trouble predicting things with charts it's because China is screwing around with btc again - no way to predict what'll happen. I can't wait till their government just shuts down the exchanges.
donator
Activity: 2772
Merit: 1019
December 25, 2013, 04:59:28 AM
I understand bitcoin and I'm looking to get as many coins as I can with a given amount of fiat

Then put in orders @ $350 and wait what happens.
was looking for something more technical rather than glib

I was thinking about this.



At this moment a sell off enough to take some risk but uncertain whether we will get there soon (if ever). A main rule of trading is 'when in doubt, don't do anything'.

A lot of people here expect what you charted. Therefore it might not happen. Market tends to move in the direction of most pain.
legendary
Activity: 3122
Merit: 1538
yes
December 25, 2013, 03:01:09 AM
I understand bitcoin and I'm looking to get as many coins as I can with a given amount of fiat

Then put in orders @ $350 and wait what happens.
was looking for something more technical rather than glib

I was thinking about this.



At this moment a sell off enough to take some risk but uncertain whether we will get there soon (if ever). A main rule of trading is 'when in doubt, don't do anything'.
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