Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 85. (Read 540249 times)
November 01, 2011, 01:19:33 PM
pent: I agree. It's almost a perfect Elliott wave. This can be THE disproof of the applicability of Elliott waves to BTC... (if it goes down)
November 01, 2011, 12:40:01 PM
Im not a big specialist in this, but since S3052 went somewhere...
simple Eliott wave theory suggests fifth wave in order to uptrend. Then will be a correction. The picture is near to a simplest Eliott wave.
simple Eliott wave theory suggests fifth wave in order to uptrend. Then will be a correction. The picture is near to a simplest Eliott wave.
November 01, 2011, 12:30:04 PM
uptrend? but seems that it not reached resistance line and going to reverse.
simple analyizis - accurate results.
question of the day: is this the beginning of a bigger downtrend?! some signals tell me it is..
on the other hand: there is this big psychological resistance at 3$. Alot of people, inlcuding me, have waiting orders near 3$ ...
October 29, 2011, 10:54:13 AM
uptrend? but seems that it not reached resistance line and going to reverse.
October 25, 2011, 11:37:59 PM
But, that was weeks ago wasn't it? Plus, with the frozen accounts in some of those currencies...
I am talking about new currencies on MtGox Live and not on MtGox itself. Here is Euro for example: http://mtgoxlive.com/orders?currency=EUR
Ooooh! I see!
October 25, 2011, 10:36:23 PM
But, that was weeks ago wasn't it? Plus, with the frozen accounts in some of those currencies...
I am talking about new currencies on MtGox Live and not on MtGox itself. Here is Euro for example: http://mtgoxlive.com/orders?currency=EUR
October 25, 2011, 10:21:17 PM
Just about 1200 now.
Last time I saw it at 1200 we went from ~5 to 7 in a few hours.
Last time I saw it at 1200 we went from ~5 to 7 in a few hours.
That can be related to the thread in the main board where they announce support for 17 new currencies.
But, that was weeks ago wasn't it? Plus, with the frozen accounts in some of those currencies...
October 25, 2011, 09:39:51 PM
Just about 1200 now.
Last time I saw it at 1200 we went from ~5 to 7 in a few hours.
Last time I saw it at 1200 we went from ~5 to 7 in a few hours.
That can be related to the thread in the main board where they announce support for 17 new currencies.
October 25, 2011, 09:37:42 PM
number of investors logged in at mtgox (double normal)
Source?my general sense by monitoring the users logged in on mtgoxlive which usually is around 400
Last time I saw it at 1200 we went from ~5 to 7 in a few hours.
October 25, 2011, 12:10:27 PM
number of investors logged in at mtgox (double normal)
Source?my general sense by monitoring the users logged in on mtgoxlive which usually is around 400
October 25, 2011, 12:05:44 PM
number of investors logged in at mtgox (double normal)
Source? October 25, 2011, 11:58:16 AM
i think we're going higher based upon the number of investors logged in at mtgox (double normal), the volatile up spikes occurring more frequently, the reappearance of the bid wall, my sense that alot of USD were wired to mtgox at the end of last week, and whats occurring in the general economy via the USD fall resuming, the UST selloff, and the overall RISK ON sentiment.
October 25, 2011, 11:54:02 AM
It is at $3, what now?
hold. the recent consolidation did not form a trend-canal, therefore i consider price will stay between 2.4 - 3.1 unless a channel border is broken (as happened recently with this very beautiful rally-channel at the stagnation yesterday (24.10.2011) at the price of 3.2 (--> uptrend channel was broken, resulted in a downtrend)
my suggestion: hold, try to profit from the crass volatility happening at the market at the moment.
October 22, 2011, 01:19:18 AM
as we can see, you should just do the OPPOSITE of what S3052 says
when he says BTC will recover it hits a new low, when it says it's in a bear market it recovers
when he says BTC will recover it hits a new low, when it says it's in a bear market it recovers
Actually he informed in his subscriptions about the possibility of a recovery, at least short-term. And he was bullish before the lower low, but gave it only 60% chances to rally.
October 22, 2011, 01:10:05 AM
as we can see, you should just do the OPPOSITE of what S3052 says
when he says BTC will recover it hits a new low, when it says it's in a bear market it recovers
when he says BTC will recover it hits a new low, when it says it's in a bear market it recovers
October 20, 2011, 03:24:03 PM
but on the other hand, I would not bank on stable prices. This ain't gonna happen. if a bounce occurs it will be massive and easily make 50-100% upside progress within hours.
With stability I'm more concerned about the price constantly going down significantly, week after week, month after month. That's a disaster for any currency. I'm fine with volatility but a constant downtrend needs to stop.Haven't you just described all fiat currencies, or at the very least, the dollar?
October 20, 2011, 02:49:34 PM
lol, love the logic here - somebody else buy, and then I will. If that's the reasonable thing for you to do, why shouldn't it be the reasonable thing for everyone else? In which case, nobody will buy.
It's actually quite logical. Someone with low buying power can't usually be a market maker, unless his move somehow triggers a significant threshold by massive luck. This is why for small players it doesn't really make sense to go head on if you're not sure about it.
October 20, 2011, 01:57:11 PM
lol, love the logic here - somebody else buy, and then I will. If that's the reasonable thing for you to do, why shouldn't it be the reasonable thing for everyone else? In which case, nobody will buy.
It's actually quite logical. Someone with low buying power can't usually be a market maker, unless his move somehow triggers a significant threshold by massive luck. This is why for small players it doesn't really make sense to go head on if you're not sure about it.It's obviously questionable for big players also and they usually take a bigger risk, but then again they actually have the buying strength to lead the way and give others the chance to follow.
October 20, 2011, 01:51:49 PM
but on the other hand, I would not bank on stable prices. This ain't gonna happen. if a bounce occurs it will be massive and easily make 50-100% upside progress within hours.
With stability I'm more concerned about the price constantly going down significantly, week after week, month after month. That's a disaster for any currency. I'm fine with volatility but a constant downtrend needs to stop.So I don't know what it's called, maybe bottom stabilization, but that is what Bitcoin needs before we can hope for a more permanent recovery. Even if there is a big bounce up now, a lot of people will be very caucious and very trigger happy to sell on any gains.
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