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Topic: Analysis - page 328. (Read 941563 times)

legendary
Activity: 938
Merit: 1013
September 13, 2013, 05:55:53 AM
I think - if it is a "pong" , then the price below $ 100 is possible only if suddenly there is a negative fundamental factor (something be happen with bitstamp or another trouble with withdrawal of cash), because we have a good bullish trend, and 100-110 is very strong levels.
I am surprised how people are denying to figure out that we are in epicenter of biggest Bitcoin shitstorm ever.

AFAIK from this topic https://bitcointalk.org/index.php?topic=179586.1400 MtGOX is bankrupt. The one thing keeping them in distance from bankruptcy status - is a lack of regulations and blind faith of people.
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
September 12, 2013, 09:02:10 PM
I think - if it is a "pong" , then the price below $ 100 is possible only if suddenly there is a negative fundamental factor (something be happen with bitstamp or another trouble with withdrawal of cash), because we have a good bullish trend, and 100-110 is very strong levels.
legendary
Activity: 1246
Merit: 1000
September 12, 2013, 01:11:24 PM
Looks like it hit the net. Grin

Double top or break through? Watch it live tonight or tomorrow. Wink
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 12, 2013, 01:02:29 PM
legendary
Activity: 938
Merit: 1013
September 12, 2013, 11:12:10 AM
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
September 12, 2013, 11:00:30 AM

still uncertainty .. but i'm on bullish side.
legendary
Activity: 1904
Merit: 1002
September 12, 2013, 02:15:22 AM

Or letting the bids fill in around him so he can pull it and dump... His real bids will be scattered below where he sells it to.

Maybe, but a bit too risky for most whales taste I suspect. There is virtually no spread between his bid and the current bid, far too easy for one to dump right into it should one be so inclined.

Just the small matter of having 2500 BTC and being willing to trade them for $350k less fees and taxes.  If the wall is trying to acquire bitcoins, he risks buying slightly higher by setting up the opportunity to buy lower.  If it goes against him, oh well, he has to wait before he can play his game again.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
September 12, 2013, 02:11:48 AM


Some seems to be interested in making the upward option happen.



Or letting the bids fill in around him so he can pull it and dump... His real bids will be scattered below where he sells it to.

Maybe, but a bit too risky for most whales taste I suspect. There is virtually no spread between his bid and the current bid, far too easy for one to dump right into it should one be so inclined.
legendary
Activity: 1904
Merit: 1002
September 12, 2013, 02:02:11 AM


Some seems to be interested in making the upward option happen.



Or letting the bids fill in around him so he can pull it and dump... His real bids will be scattered below where he sells it to.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
September 12, 2013, 01:53:35 AM


Some seems to be interested in making the upward option happen.

sr. member
Activity: 303
Merit: 250
September 11, 2013, 07:52:43 PM
So a PONG to $115 within a couple of weeks would establish that trend. Seems unlikely considering how strong that middle upward band has been. I'm really trying to be bearish but nearly every day I'm being proven wrong. Liquidity (or lack thereof) is making this a whale's game.
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
September 11, 2013, 06:12:21 PM
sr. member
Activity: 516
Merit: 283
September 11, 2013, 01:06:08 PM
http://www.sierrachart.com/SupportBoard.php?ThreadID=3045

Quote
Currently there is a problem with the MTGox Bitcoin data feed. It should be back up by this evening.

We are having to recode the interface. For some reason the web socket interface they provide keeps giving us an error. After reviewing the documentation they provide for that interface, it is unclear and a mess.

lol, they should switch to the json feed. Updates are a little slower, but more reliable.
here I thought I was the only one who had trouble understanding their documentation.
legendary
Activity: 938
Merit: 1013
September 11, 2013, 12:26:22 PM
http://www.sierrachart.com/SupportBoard.php?ThreadID=3045

Quote
Currently there is a problem with the MTGox Bitcoin data feed. It should be back up by this evening.

We are having to recode the interface. For some reason the web socket interface they provide keeps giving us an error. After reviewing the documentation they provide for that interface, it is unclear and a mess.
legendary
Activity: 1904
Merit: 1002
September 09, 2013, 02:33:06 AM
Does anyone else think the Pings and Pongs should be reversed? In my mind a Ping is a high and Pong should be a low. Just a minor OCD thing lol. Tongue Anyway my guess is $98 will be the next low around Sept 25th. German elections will be over by then and it's time for the Euro crisis to come back in full force.

Ya but the sequence started at a low, you don't go "Pong-Ping" ldo.

Just think of a Ping as an upwards force and Pong as a downwards force.  A price in motion will stay in motion until acted upon by an outside force.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
September 08, 2013, 10:42:28 PM
Does anyone else think the Pings and Pongs should be reversed? In my mind a Ping is a high and Pong should be a low. Just a minor OCD thing lol. Tongue Anyway my guess is $98 will be the next low around Sept 25th. German elections will be over by then and it's time for the Euro crisis to come back in full force.

Ya but the sequence started at a low, you don't go "Pong-Ping" ldo.
legendary
Activity: 1246
Merit: 1000
September 08, 2013, 08:08:12 PM
Does anyone else think the Pings and Pongs should be reversed? In my mind a Ping is a high and Pong should be a low. Just a minor OCD thing lol. Tongue Anyway my guess is $98 will be the next low around Sept 25th. German elections will be over by then and it's time for the Euro crisis to come back in full force.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
September 08, 2013, 07:25:01 PM
I love this ping pong thread Smiley

My guess is it will take some time before we get that final ping bottom, I think around middle November, I estimate somewhere in the order of $60.

By end of December I think we are back over $100. 

In any case, I don't sell anymore coins just in case it goes up from here, hope to buy more if it goes down but will stop buying if it would drop below $30. Maximum exposure to btc of my portfolio: 40%. Current exposure: 18%.

Happy trading brothers and sisters Smiley (any ladies here btw?)
legendary
Activity: 1414
Merit: 1000
legendary
Activity: 938
Merit: 1013
September 08, 2013, 05:23:57 PM
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