Analysis - page 310. | Bitcointalksearch.org

Odalv

legendary

Activity: 1414

Merit: 1000

Quote from: masterluc on December 04, 2013, 07:33:28 AM

I think it should reach $2k-$4k in near future in a final push, especially if it will draw a triangle now 7-14 days long.

But I don't want to take a part in further market actions. I reached all my targets, dreams and so on. And now I cashed out for 80%. Thanks China. Thanks US Senate. Thanks uncle Ben, I like your Franklins in my hands.

I think selling in wave 4 of final historical 5 is not bad. I left 20% coins for final wave.

Thank you Lucif for cheap coins and liquidity support. :-)

Brisance

newbie

Activity: 30

Merit: 0

The bears are throwing the kitchen sink in now. 4 attempts to break that 1230 could be a long haul here. The Hamburger Hill of Bitcoin begins.

The leg from 1230 to 1250 is going to be interesting. If the Bitcoin momentum can continue past the 1250 I'll throw in the towel and start buying in again.

https://www.tradingview.com/x/npfsUfoS/

Odalv

legendary

Activity: 1414

Merit: 1000

Quote from: JustAnotherSheep on December 04, 2013, 03:36:55 PM

Quote from: masterluc on December 04, 2013, 03:08:09 PM

Bitcoin doesn't give a shit about bear wedges.

Interesting. I've noticed that at times but thought I was just a noob at drawing them. Thanks for confirming!

Quote from: Brisance on December 04, 2013, 02:53:17 PM

The recent sell off I spotted two days before it began and sold off all my positions and bought back in below $1000 here is what I noticed happening before the last sell off.
[img]

Isn't that bullish though? I figured it was a pennant or slightly off ascending triangle, only sold because weekend was coming up which seems to consistently mean whale dump time in my experience.

Compare with B&H

JustAnotherSheep

full member

Activity: 239

Merit: 100

Quote from: masterluc on December 04, 2013, 03:08:09 PM

Bitcoin doesn't give a shit about bear wedges.

Interesting. I've noticed that at times but thought I was just a noob at drawing them. Thanks for confirming!

Quote from: Brisance on December 04, 2013, 02:53:17 PM

The recent sell off I spotted two days before it began and sold off all my positions and bought back in below $1000 here is what I noticed happening before the last sell off.
[img]

Isn't that bullish though? I figured it was a pennant or slightly off ascending triangle, only sold because weekend was coming up which seems to consistently mean whale dump time in my experience.

Brisance

newbie

Activity: 30

Merit: 0

Quote from: masterluc on December 04, 2013, 03:15:49 PM

Quote from: ?? on ??

It did during the last sell off:

I don't see bearish wedge here

I'll be shorting the 1240

It will be interesting to see how the sell orders develop between 1240/1250 so far we have 500btc at 1250 right at the very tip. We should see by tonight how this develops but I'll cash out at 1240 and place short orders while also waiting for market clarity.

https://www.tradingview.com/x/BigEey7I/

masterluc

legendary

Activity: 938

Merit: 1013

Quote from: ?? on ??

It did during the last sell off:

I don't see bearish wedge here

masterluc

legendary

Activity: 938

Merit: 1013

Quote from: JustAnotherSheep on December 04, 2013, 01:47:35 PM

?

Bitcoin doesn't give a shit about bear wedges.

Brisance

newbie

Activity: 30

Merit: 0

https://www.tradingview.com/x/QsJs8Rny/

The recent sell off I spotted two days before it began and sold off all my positions and bought back in below $1000 here is what I noticed happening before the last sell off.

https://i.imgur.com/Y8UqP0Q.jpg

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Here is how a double exponential blow off might look like. The tops occur more frequent until the periods tend to zero at the top.
If that happens Aroon would have me expect a bubble pop mid December. The prices are only decorative since they have no basis to derive them and it's difficult to predict. The date however can be extrapolated loosely.

JustAnotherSheep

full member

Activity: 239

Merit: 100

?

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: BrightAnarchist on December 04, 2013, 09:08:22 AM

Quote from: masterluc on December 04, 2013, 08:13:11 AM

Ah, of course thanks Satoshi and community, but I am still here =) Next entering point for me is in 2016-2017 year.

Agree completely on this, fits with my timeframe projections as well.

All of these epic, once-in-a-lifetime super-bubbles (stocks, bonds, housing, crypto-currency, and more) will ultimately collapse. Comparing now to the end of the roaring 20s doesn't do today justice... you'd have to go all the way back to the South Sea bubble to find comparable financial psychology.

Nothing compared to Bitcoin. The price of stocks of the South Sea Company started at roughly 100 GBP - the peak was 1.000 GBP. A ten-fold increase from 1719 to 1720.

We just had a ten-fold increase in BTC only in the last month. There's has been NOTHING comparable to Bitcoin in history.

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: smoothie on December 04, 2013, 08:16:59 AM

Quote from: masterluc on December 04, 2013, 08:13:11 AM

Ah, of course thanks Satoshi and community, but I am still here =) Next entering point for me is in 2016-2017 year.

Don't speak too soon.

I don't think the bear market will last that long. 3-4 years?...Unlikely with how Bitcoin has moved previously since inception.

So smoothie, aren't you going to mock lucif in your usual 'who sold at '

sumantso

legendary

Activity: 1050

Merit: 1000

Quote from: masterluc on December 04, 2013, 09:14:25 AM

Yes, it's once in lifetime epic event. And I am happy I was participated. Such stories live in generations.

Are you saying that more or less this was/is a bubble and its more likely to go to $100 than $10000?

masterluc

legendary

Activity: 938

Merit: 1013

Yes, it's once in lifetime epic event. And I am happy I was participated. Such stories live in generations.

BrightAnarchist

donator

Activity: 853

Merit: 1000

Quote from: masterluc on December 04, 2013, 08:13:11 AM

Ah, of course thanks Satoshi and community, but I am still here =) Next entering point for me is in 2016-2017 year.

Agree completely on this, fits with my timeframe projections as well.

All of these epic, once-in-a-lifetime super-bubbles (stocks, bonds, housing, crypto-currency, and more) will ultimately collapse. Comparing now to the end of the roaring 20s doesn't do today justice... you'd have to go all the way back to the South Sea bubble to find comparable financial psychology.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: masterluc on December 04, 2013, 08:13:11 AM

Ah, of course thanks Satoshi and community, but I am still here =) Next entering point for me is in 2016-2017 year.

Don't speak too soon.

I don't think the bear market will last that long. 3-4 years?...Unlikely with how Bitcoin has moved previously since inception.

masterluc

legendary

Activity: 938

Merit: 1013

Ah, of course thanks Satoshi and community, but I am still here =) Next entering point for me is in 2016-2017 year.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: masterluc on December 04, 2013, 07:33:28 AM

I think it should reach $2k-$4k in near future in a final push, especially if it will draw a triangle now 7-14 days long.

But I don't want to take a part in further market actions. I reached all my targets, dreams and so on. And now I cashed out for 80%. Thanks China. Thanks US Senate. Thanks uncle Ben, I like your Franklins in my hands.

I think selling in wave 4 of final historical 5 is not bad. I left 20% coins for final wave.

Target for me now is ~$3k.

Who knows how high it will go. But $2k to $3k is nice good target.

bitcodo

hero member

Activity: 509

Merit: 500

Can't upload avatar

Congratulations Lucif & masterluc, well done!

masterluc

legendary

Activity: 938

Merit: 1013

I think it should reach $2k-$4k in near future in a final push, especially if it will draw a triangle now 7-14 days long.

But I don't want to take a part in further market actions. I reached all my targets, dreams and so on. And now I cashed out for 80%. Thanks China. Thanks US Senate. Thanks uncle Ben, I like your Franklins in my hands.

I think selling in wave 4 of final historical 5 is not bad. I left 20% coins for final wave.

Topic: Analysis - page 310. (Read 941596 times)