Bitcoin says ''Fuck you'' | Bitcointalksearch.org

Miz4r

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Quote from: Kazu on July 07, 2013, 12:42:04 AM

Quote from: Miz4r on July 06, 2013, 02:16:49 PM

Bitcoin has sent a little message to all the bears today:

Be warned bears, don't fuck with the Bitcoin. Tongue

uh

not to be a party pooper but

isn't that a bearish head and shoulders formation?

Yes it is, but quite meaningless on such a small timescale and the entire formation already ran its course. As a bull in a bear market I just found it more satisfying to target the bears. Bitcoin doesn't care either way and said 'fuck you' to us all while it continues to do whatever it wants to. Tongue

RyNinDaCleM

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Legen -wait for it- dary

Quote from: Kazu on July 07, 2013, 12:42:04 AM

Quote from: Miz4r on July 06, 2013, 02:16:49 PM

Bitcoin has sent a little message to all the bears today:

Be warned bears, don't fuck with the Bitcoin. Tongue

uh

not to be a party pooper but

isn't that a bearish head and shoulders formation?

Quote from: ElectricMucus on July 06, 2013, 02:55:35 PM

The irony ITT is quite stunning!

Quote from: RyNinDaCleM on July 06, 2013, 02:56:11 PM

Kazu

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Quote from: Miz4r on July 06, 2013, 02:16:49 PM

Bitcoin has sent a little message to all the bears today:

Be warned bears, don't fuck with the Bitcoin. Tongue

uh

not to be a party pooper but

isn't that a bearish head and shoulders formation?

RyNinDaCleM

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Legen -wait for it- dary

Quote from: byronbb on July 06, 2013, 08:58:54 PM

Quote from: RyNinDaCleM on July 06, 2013, 02:29:53 PM

That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up.

http://www.investopedia.com/terms/h/head-shoulders.asp

You're welcome Wink

Edit: Too slow, samson beat me to it

Edit #2: We had one at the $166 top which played out perfectly

Interesting. Because while I don't believe in TA, (epecially for bitcoin lolretard), people do. I have always seen TA as a voodoo that people think is real only so smart guys who can move markets can paint a picture for them. When you say it played out at $160, people are now primed to think it will play out again, and that's when you pull the rug..... but obviously just a thought, downside risk seems all too very real.

The one mentioned in the OP has already finished it's move out of the H&S pattern, so no rug pulling today

Usually they take anywhere from days to weeks to form and complete, so today's pattern was likely not an actual H&S and just coincidentally looked and finished like one.

This is the one I was referring to though.

byronbb

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HODL OR DIE

Quote from: RyNinDaCleM on July 06, 2013, 02:29:53 PM

That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up.

http://www.investopedia.com/terms/h/head-shoulders.asp

You're welcome Wink

Edit: Too slow, samson beat me to it

Edit #2: We had one at the $166 top which played out perfectly

Interesting. Because while I don't believe in TA, (epecially for bitcoin lolretard), people do. I have always seen TA as a voodoo that people think is real only so smart guys who can move markets can paint a picture for them. When you say it played out at $160, people are now primed to think it will play out again, and that's when you pull the rug..... but obviously just a thought, downside risk seems all too very real.

tokeweed

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Life, Love and Laughter...

Quote from: Miz4r on July 06, 2013, 02:16:49 PM

Bitcoin has sent a little message to all the bears today:

Be warned bears, don't fuck with the Bitcoin. Tongue

lol. bitcoin says to bulls: SUCKERS!!! then bitcoin proceeds going down to 50.

KSGuy

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Quote from: bitwhizz on July 06, 2013, 02:57:44 PM

basically we are expecting a small rally to 72 dollars, and then a further decline to who knows what according to this TA
i bet we will be in the high 50's by friday

I hope so, that's my mark to buy more. Grin

RyNinDaCleM

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Legen -wait for it- dary

Quote from: ElectricMucus on July 06, 2013, 02:55:35 PM

The irony ITT is quite stunning!

Isn't it though? Grin

Lohoris

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Bitgoblin

Quote from: Miz4r on July 06, 2013, 02:57:14 PM

Quote from: Lohoris on July 06, 2013, 02:32:14 PM

Lol you win 1 Internet, sir.
(delivered to your address)

Yay my first bitcoin tip ever. Cheers mate!

It's always good to cheer each other up! : )

bitwhizz

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basically we are expecting a small rally to 72 dollars, and then a further decline to who knows what according to this TA
i bet we will be in the high 50's by friday

Miz4r

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Quote from: Lohoris on July 06, 2013, 02:32:14 PM

Lol you win 1 Internet, sir.
(delivered to your address)

Yay my first bitcoin tip ever. Cheers mate!

RyNinDaCleM

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Legen -wait for it- dary

Quote from: Rakessh on July 06, 2013, 02:49:43 PM

http://en.wikipedia.org/wiki/Head_and_shoulders_(chart_pattern)

So... the left shoulder being higher than the right shoulder, the price is going to continue to decline.

No, that isn't really important. the neckline needs to be established. When it's below the "head" it breaks down. But that has already happened.

whisper

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Learn to go against your mind

Have a big balls and looks like a skyrocket

ElectricMucus

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Marketing manager - GO MP

The irony ITT is quite stunning!

Rakessh

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http://en.wikipedia.org/wiki/Head_and_shoulders_(chart_pattern)

So... the left shoulder being higher than the right shoulder, the price is going to continue to decline.

samson

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Quote from: RyNinDaCleM on July 06, 2013, 02:29:53 PM

Edit #2: We had one at the $166 top which played out perfectly

It's almost like someone's got a 'bot' programmed to draw these things out on the charts.

RyNinDaCleM

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Legen -wait for it- dary

Quote from: tinus42 on July 06, 2013, 02:33:57 PM

I like bears, they allow me to buy cheaper coins. What's not to like about that? Cheesy

When they become EXPENSIVE coins

tinus42

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I like bears, they allow me to buy cheaper coins. What's not to like about that? Cheesy

Lohoris

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Bitgoblin

Quote from: Miz4r on July 06, 2013, 02:16:49 PM

Bitcoin has sent a little message to all the bears today:

Be warned bears, don't fuck with the Bitcoin. Tongue

Lol you win 1 Internet, sir.
(delivered to your address)

samson

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Merit: 1070

Quote from: RyNinDaCleM on July 06, 2013, 02:29:53 PM

That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up.

http://www.investopedia.com/terms/h/head-shoulders.asp

You're welcome Wink

Edit: Too slow, samson beat me to it

LOL, Sounds bearish to me

Topic: Bitcoin says ''Fuck you'' (Read 2101 times)