Here's hoping that my dwolla transfer making it in time for me to start buying bitcoin on the cheap.
I know, right? It takes a week for me to transfer funds and make a trade.
Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 106. (Read 540250 times)
July 17, 2011, 06:32:24 AM
Here's hoping that my dwolla transfer making it in time for me to start buying bitcoin on the cheap.
I know, right? It takes a week for me to transfer funds and make a trade.
July 17, 2011, 06:06:21 AM
I see $11.19 on the depth table now, and it doesn't look like this downward movement is abating. So...
Here's hoping that my dwolla transfer making it in time for me to start buying bitcoin on the cheap.
July 17, 2011, 05:27:06 AM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
That was last week. You missed it.
I'm looking to buy more at those levels
ROFL. Don't we all. I just don't expect to ever see $11 again.
I see $11.19 on the depth table now, and it doesn't look like this downward movement is abating. So...
July 14, 2011, 11:10:53 AM
The worse, the better, unless you have no fiat to pay the utilities. I guess.
At this price it's still highly profitable.
July 14, 2011, 11:10:06 AM
The worse, the better, unless you have no fiat to pay the utilities. I guess.
July 14, 2011, 10:55:40 AM
It seems that the best bet now is to get one month long vacation and return some time in late august.
At least it's good for us miners -- keeps diff from rising too much, eh Vladimir? I just installed another rack of miners recently and I'm getting a nice breather before diff rises again.
July 14, 2011, 01:17:46 AM
Well... my play is to try to sell as few bitcoins as I possibly can, your mileage may vary.
July 14, 2011, 01:07:06 AM
It seams the best bet now is to get one month long vacation and return some time in late august.
^After selling all of your Bitcoins or buying as many as you can?
July 14, 2011, 12:53:40 AM
It seems that the best bet now is to get one month long vacation and return some time in late august.
July 14, 2011, 12:42:50 AM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
That was last week. You missed it.
I'm looking to buy more at those levels
ROFL. Don't we all. I just don't expect to ever see $11 again.
We'll see. I look at last weeks intra-day low as current support. Any further weakness and we could see a test of last Tuesdays lows.
The Bulls:
I understand the charts may look bullish.
A) We (~2 weeks ago) had a short-term low/trading range around $14.25, later "crashed to $11", and now we are "preparing to rally" from the low $14 area.
B) The "V bottom' at $11 looks like a clear, powerful sign of a strong bottom.
The Bears:
1) $14.00 failed to hold after recently appearing to be a strong support level.
2) Every rally attempt is quickly beaten down.
3) The massive medium-term over-supply of BTC is a Bearish reality. (? Isn't it? ?)
Why test $11, when we can test the more important low of $10.25 from June 11-12?
...or why can't the bottom be $6.50 to $7.50, and old trading range?
... or $1.50?*
*Probably too many happy buyers to get to $1.50, but the Bearish case is also pretty strong, IMO.
What will the market do?
Right now it looks dead forever. I predict once something finally happens it will be very dramatic and exciting.
July 13, 2011, 11:37:02 PM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
That was last week. You missed it.
lol
July 13, 2011, 11:11:01 PM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
That was last week. You missed it.
I'm looking to buy more at those levels
ROFL. Don't we all. I just don't expect to ever see $11 again.
We'll see. I look at last weeks intra-day low as current support. Any further weakness and we could see a test of last Tuesdays lows.
July 13, 2011, 10:55:25 PM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
That was last week. You missed it.
I'm looking to buy more at those levels
ROFL. Don't we all. I just don't expect to ever see $11 again.
July 13, 2011, 10:48:48 PM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
That was last week. You missed it.
I'm looking to buy more at those levels
July 13, 2011, 10:46:42 PM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
That was last week. You missed it.
July 13, 2011, 10:41:54 PM
A close above $15 on heavy volume would probably result into a nice rally. Although I'm looking for a pullback to $11-$12 for a better low risk entry point.
July 13, 2011, 03:03:46 PM
Putting wishes and emotions aside, the patterns look bullish in the short term for a break out higher (either from current levels or a bit lower)
July 12, 2011, 12:56:59 PM
71% here is starting to be wrong. Here's the poll result at the moment that I am writing (when BTC are down at 13.90 USD):
Question: What do you expect BTC/USD prices to do in the next 4 weeks?
Up 15 (71.4%)
Same as now 2 (9.5%)
Down 3 (14.3%)
I don't know 1 (4.8%)
Total Voters: 21
I just feel pain, having bought at 19, thanks even to the perma-bulls here who trolled the contrarians.
Question: What do you expect BTC/USD prices to do in the next 4 weeks?
Up 15 (71.4%)
Same as now 2 (9.5%)
Down 3 (14.3%)
I don't know 1 (4.8%)
Total Voters: 21
I just feel pain, having bought at 19, thanks even to the perma-bulls here who trolled the contrarians.
Bought at $19 too, I feel the pain. But I bought to hold, and there's no evidence that BTC won't climb up that high again... eventually. I just wish I'd held onto some of my investin' money for when the price came down this low.
Well, you could always take the risk of speculating on the price going lower (which is looking likely). I favor chodpapa's analysis right now, which is suggestive of more downside for a while, then a gradual climb back up. I'm not on board with the recent rally anticipation. But, hey, I'm not an analyst so I'm guessing, at best.
July 12, 2011, 12:35:53 PM
71% here is starting to be wrong. Here's the poll result at the moment that I am writing (when BTC are down at 13.90 USD):
Question: What do you expect BTC/USD prices to do in the next 4 weeks?
Up 15 (71.4%)
Same as now 2 (9.5%)
Down 3 (14.3%)
I don't know 1 (4.8%)
Total Voters: 21
I just feel pain, having bought at 19, thanks even to the perma-bulls here who trolled the contrarians.
Question: What do you expect BTC/USD prices to do in the next 4 weeks?
Up 15 (71.4%)
Same as now 2 (9.5%)
Down 3 (14.3%)
I don't know 1 (4.8%)
Total Voters: 21
I just feel pain, having bought at 19, thanks even to the perma-bulls here who trolled the contrarians.
Bought at $19 too, I feel the pain. But I bought to hold, and there's no evidence that BTC won't climb up that high again... eventually. I just wish I'd held onto some of my investin' money for when the price came down this low.
July 11, 2011, 05:28:46 PM
Chartly's new $BCOIN symbol has its first chart post.
http://chart.ly/9dumj9u
http://chart.ly/9dumj9u
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