Topic: Biggest sell signal if we go under 5.70-5.80 level - page 2. (Read 6172 times)
2484.95 btc sold @ 5.95 !
based on the sentiment polls, only 40% of forum members see the bitcoin price down.
beginning of august it was more than 60%.
the current sentiment is not bearish enough to believe in a sustainable low at currentvalues.
beginning of august it was more than 60%.
the current sentiment is not bearish enough to believe in a sustainable low at currentvalues.
Ok, start buying then!
based on the sentiment polls, only 40% of forum members see the bitcoin price down.
beginning of august it was more than 60%.
the current sentiment is not bearish enough to believe in a sustainable low at currentvalues.
beginning of august it was more than 60%.
the current sentiment is not bearish enough to believe in a sustainable low at currentvalues.
I am just trying to offer technical analysis to help people making informed bitcoin trading decisions .
typically , this forum is biased with UP UP UP talks (see Bruce ...)
You must be new to this very forum typically , this forum is biased with UP UP UP talks (see Bruce ...)
At least half of the messages in here are "crash", "sell" and "bitcoin is worthless", in other words it seems a lot of people try to drive the price down.
I feel this is a very rude attempt at manipulating the price and should be moved to the speculation forum asap.
I'd also like to add that recently I've started to be suspicious of analyst S3052, he seems to be fairly heavily invested in the price dropping because he is weighing in on more threads than usual and "confirming" the bad scenarios. Makes me think of his motives in general, he is doing a very popular analysis which certainly effects the price in itself.
I'd also like to add that recently I've started to be suspicious of analyst S3052, he seems to be fairly heavily invested in the price dropping because he is weighing in on more threads than usual and "confirming" the bad scenarios. Makes me think of his motives in general, he is doing a very popular analysis which certainly effects the price in itself.
OHAI! It'is technomage, who yesterday stated that the price would NEVER drop below $6.
I am just trying to offer technical analysis to help people making informed bitcoin trading decisions .
typically , this forum is biased with UP UP UP talks (see Bruce ...)
and it is important to also show some balanced views.
some people could protect their savings if they sold before.
Personally, I do not have any interest in falling bitcoin prices, I would prefer rising bitcoin prices. But it is important to leave emotions aside when investing / trading.
typically , this forum is biased with UP UP UP talks (see Bruce ...)
and it is important to also show some balanced views.
some people could protect their savings if they sold before.
Personally, I do not have any interest in falling bitcoin prices, I would prefer rising bitcoin prices. But it is important to leave emotions aside when investing / trading.
Yeah, me too. I don't want Bitcoin to fall so I can get more.
I am just trying to offer technical analysis to help people making informed bitcoin trading decisions .
typically , this forum is biased with UP UP UP talks (see Bruce ...)
and it is important to also show some balanced views.
some people could protect their savings if they sold before.
Personally, I do not have any interest in falling bitcoin prices, I would prefer rising bitcoin prices. But it is important to leave emotions aside when investing / trading.
typically , this forum is biased with UP UP UP talks (see Bruce ...)
and it is important to also show some balanced views.
some people could protect their savings if they sold before.
Personally, I do not have any interest in falling bitcoin prices, I would prefer rising bitcoin prices. But it is important to leave emotions aside when investing / trading.
I feel this is a very rude attempt at manipulating the price and should be moved to the speculation forum asap.
I'd also like to add that recently I've started to be suspicious of analyst S3052, he seems to be fairly heavily invested in the price dropping because he is weighing in on more threads than usual and "confirming" the bad scenarios. Makes me think of his motives in general, he is doing a very popular analysis which certainly effects the price in itself.
I'd also like to add that recently I've started to be suspicious of analyst S3052, he seems to be fairly heavily invested in the price dropping because he is weighing in on more threads than usual and "confirming" the bad scenarios. Makes me think of his motives in general, he is doing a very popular analysis which certainly effects the price in itself.
I don't believe that, when the profits are gone we will have mostly miners that want Bitcoin to get big long term, and there are a lot of them. And also, this high inflation environment is a one time thing, it will be over in Dec of 2012.
Wait why...ohhh, LOLOL 
Are you a greedy miner ?
How does that 6 dollar exchange rate feel? I think you will feel really good with a 3-4 dollar exchange rate.
I'll enjoy it. I pay just under $ .05 per kW now. Unless BTC goes below $1, I'm profitable. All the price-pullback does is cut off my competition. I'd like to thank everyone for decreasing the difficulty and letting me get all the BTC. Drive the price down, I just make more money...
a break below 5.74$ will very likely open the floodgates for a crash-type selloff
Are you a greedy miner ?
How does that 6 dollar exchange rate feel? I think you will feel really good with a 3-4 dollar exchange rate.
How does that 6 dollar exchange rate feel? I think you will feel really good with a 3-4 dollar exchange rate.
I was referring to the 2012 snippet.
I don't believe that, when the profits are gone we will have mostly miners that want Bitcoin to get big long term, and there are a lot of them. And also, this high inflation environment is a one time thing, it will be over in Dec of 2012.
Wait why...ohhh, LOLOL Are you a greedy miner ?
How does that 6 dollar exchange rate feel? I think you will feel really good with a 3-4 dollar exchange rate.
lol go mine at a loss for a while haha
I comfort the loss of virtual cash by the acquisition of knowledge. I mean, I'm mining BTC mainly to learn how to code up my videocard with OpenCl.
Them knowledge be a true value up in here.
I don't believe that, when the profits are gone we will have mostly miners that want Bitcoin to get big long term, and there are a lot of them. And also, this high inflation environment is a one time thing, it will be over in Dec of 2012.
Wait why...ohhh, LOLOL Are you a greedy miner ?
How does that 6 dollar exchange rate feel? I think you will feel really good with a 3-4 dollar exchange rate.
lol go mine at a loss for a while haha
I don't believe that, when the profits are gone we will have mostly miners that want Bitcoin to get big long term, and there are a lot of them. And also, this high inflation environment is a one time thing, it will be over in Dec of 2012.
Wait why...ohhh, LOLOL Are you a greedy miner ?
How does that 6 dollar exchange rate feel? I think you will feel really good with a 3-4 dollar exchange rate.
.
I don't believe that, when the profits are gone we will have mostly miners that want Bitcoin to get big long term, and there are a lot of them. And also, this high inflation environment is a one time thing, it will be over in Dec of 2012.
Wait why...ohhh, LOLOL Duke, that is exactly the hole point, they WILL GIVE A SHIT when they don't mine with a profit.
No they won't. They will shut down their rigs and turn away. The few that remain will get more bitcoins per person, giving each of them even more influence on the market.
Why it is bad that a lot of coins are concentrated on a small number of people I don't think I need to explain to you, right?
I don't believe that, when the profits are gone we will have mostly miners that want Bitcoin to get big long term, and there are a lot of them. And also, this high inflation environment is a one time thing, it will be over in Dec of 2012.
Duke, that is exactly the hole point, they WILL GIVE A SHIT when they don't mine with a profit.
No they won't. They will shut down their rigs and turn away. The few that remain will get more bitcoins per person, giving each of them even more influence on the market.
Why it is bad that a lot of coins are concentrated on a small number of people I don't think I need to explain to you, right?
but they are fighting all the greedy miners that are selling their coins at the exchanges
Where would you get your coins to buy and sell without us greedy miners?
Let me see, we have already 7 + million coins in the Bitcoin Economy. We need miners that believe in the Bitcoin Economy long term, not greedy miners that hit the exchanges with sell orders asap.
Keep dreaming. 90% of all miners don't give a shit about bitcoin and just want quick profit.
Duke, that is exactly the hole point, they WILL GIVE A SHIT when they don't mine with a profit. The hole problem is that Bitcoin is inflating at a very high rate, the miners have to much power over the price of Bitcoin, the only way to stop that is to do what they are doing to the Bitcoin Economy. Stop them from making easy money. I have said this from the very beginning, look at my old posts, maybe someone understands this...
How do you make them not make easy money? You sell bitcoins you are holding so that they have to sell with a smaller profit, it you don't sell the miners will sell instead of you, why? Because we are in a high inflation environment.
but they are fighting all the greedy miners that are selling their coins at the exchanges
Where would you get your coins to buy and sell without us greedy miners?
Let me see, we have already 7 + million coins in the Bitcoin Economy. We need miners that believe in the Bitcoin Economy long term, not greedy miners that hit the exchanges with sell orders asap.
As compared to the greedy buyers and sellers, or the greedy hoarders?
I wouldn't have spent so much of my time developing my system if I wasn't in it for the long term.
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