BTC drop to next level coming...bail the F out now! - page 15.

TERA

hero member

Activity: 728

Merit: 500

Quote from: shmadz on April 27, 2014, 10:35:59 PM

I must agree with the OP. As the price continues to drop, I continue to bail the F out... of fiat!

So, your strategy is to continually buy into a losing position, compounding the rate of loss each time? Yes, good pic of what you are doing with your money indeed.

Einewton

sr. member

Activity: 256

Merit: 250

Quote from: MNDan on April 27, 2014, 10:07:21 PM

You can look at this and decide for yourself. Historically this would be a terrible time to bail out.

https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=1

Dude, Awesome graph MNDan.. Finally some brains around here.. All though, I don't think it's going to get any better soon.. Right now we are seeing a 30 -> $2 type trend.. Wouldn't be a bad idea to improve your coin count right about now.

ionide

newbie

Activity: 5

Merit: 0

Quote from: DustyRah on April 27, 2014, 09:29:48 AM

The lines have crossed and the drop to next level is coming along. I would strongly advice peeps to drop their load right about now while you got a chance.

I am not happy saying the above but that's what its about and a sincere shout out to homies~

"pls everyone panic sell me BTC for pennies on the dollar pls" -DustyRah

Edward50

hero member

Activity: 602

Merit: 500

I am a long term bear, but I must say that I feel a big drop coming.

This recent rally was a laugh, and I knew it would not be long before it would test the $300's lows.

Everything is ripe for a big drop. The rally failed and the big reason is volume has dried up as the price continues to fall.

People still do not realize that bitcoin has rose too fast and should not be priced at these levels especially without the Chinese not being able to use it to launder money.

My feeling is that we will be in the $200's shortly.

Heider

newbie

Activity: 54

Merit: 0

Quote from: DustyRah on April 27, 2014, 09:29:48 AM

The lines have crossed and the drop to next level is coming along. I would strongly advice peeps to drop their load right about now while you got a chance.

I am not happy saying the above but that's what its about and a sincere shout out to homies~

DustyRah; not sure which lines you were looking at, but your'e damn right!, looking at the price, it's down almost $100 from 3 days ago.

The price at this second is $426 not sure what the heck is wrong with it, but it seems to keep going down so far, I hope it comes back to live again...

Regards
Heider

YipYip

hero member

Activity: 574

Merit: 500

Quote from: shmadz on April 27, 2014, 10:35:59 PM

I must agree with the OP. As the price continues to drop, I continue to bail the F out... of fiat!

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

I must agree with the OP. As the price continues to drop, I continue to bail the F out... of fiat!

TERA

hero member

Activity: 728

Merit: 500

Quote from: YipYip on April 27, 2014, 06:56:54 PM

Quote from: TERA on April 27, 2014, 06:11:21 PM

Quote from: DustyRah on April 27, 2014, 09:35:30 AM

The lines have crossed

best TA ever

AGreed ...OMG the MACD lines are crossing under thats a 100% sell signal ....lolz

Crypto does not really do TA that well..having said that sure sell now in a bearish market ...lets see where we are @ with teh china crpola

Im all in so really dont care... I am buying all the way down Wink

LTC sub 10 ...yumm yumm Cheesy

Unless you jokers are predicting teh demise of crypto .... ho hum to the chinese ping pong ...BAN=Ping UN-BAN=Pong

Actually I wasn't sharing any of your thoughts against TA. I just thought it was funny how he vague he was and didn't mention WHICH lines were crossing.

deemac87

newbie

Activity: 23

Merit: 0

Quote from: DustyRah on April 27, 2014, 09:29:48 AM

The lines have crossed and the drop to next level is coming along. I would strongly advice peeps to drop their load right about now while you got a chance.

I am not happy saying the above but that's what its about and a sincere shout out to homies~

Yeah right, nows the time buy. Its gonna take ALOT to totally kill off bitcoin

MNDan

full member

Activity: 287

Merit: 101

You can look at this and decide for yourself. Historically this would be a terrible time to bail out.

https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=1

Malin Keshar

hero member

Activity: 616

Merit: 500

sold earlier to buy lower, and now is 3% lower. Hope we go to sub 400, like the last chinese ban

DustyRah

sr. member

Activity: 533

Merit: 251

Please hold on to your precious and we will see how you feel when it gets into the 300s.

YipYip

hero member

Activity: 574

Merit: 500

Quote from: TERA on April 27, 2014, 06:11:21 PM

Quote from: DustyRah on April 27, 2014, 09:35:30 AM

The lines have crossed

best TA ever

AGreed ...OMG the MACD lines are crossing under thats a 100% sell signal ....lolz

Crypto does not really do TA that well..having said that sure sell now in a bearish market ...lets see where we are @ with teh china crpola

Im all in so really dont care... I am buying all the way down Wink

LTC sub 10 ...yumm yumm Cheesy

Unless you jokers are predicting teh demise of crypto .... ho hum to the chinese ping pong ...BAN=Ping UN-BAN=Pong

TERA

hero member

Activity: 728

Merit: 500

Quote from: DustyRah on April 27, 2014, 09:35:30 AM

The lines have crossed

best TA ever

dannyspk

sr. member

Activity: 341

Merit: 250

LOL, poor OP probably didn't expect such hostility by the bulls. OP, it's all good if you had genuine intentions at heart, but if you just wanted to make a quick buck, FUD doesn't work any more. Wink

ScarletJ

newbie

Activity: 6

Merit: 0

Sorry to be another newbie armchair analyst but I don't see any common technical analysis patterns in the https://bitcoinity.org/markets bitstamp chart when I tried to look for them. What exactly did you find?

I mean the only pattern I can find as for current events is
1. bear market
2. we may have recently hit a double or triple bottom (indicating an upturn) BUT the time between the bottoms is days not making it reliable. This means most likely nothing, but if anything, we should have hit bottom and the market is now testing the price, right?

As for fundamentals the fundamental value of bitcoin never depended on China, despite how recent news have been about China. So nothing there either except reason for squeamish people to sell.

So, what?

Teppino

full member

Activity: 139

Merit: 100

bitcoin hates walls

Are we entering a world of pain?

yenom

full member

Activity: 170

Merit: 100

Quote from: DustyRah on April 27, 2014, 09:29:48 AM

The lines have crossed blah blah blah...

What lines?

beetcoin

sr. member

Activity: 434

Merit: 250

lol, this thread is ridiculously hilarious. "i use technical analysis. here's how i did it. i used technical analysis. i was totally right the last time when it dropped from $1,000." yes, i will take financial advice from an armchair investing expert.

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: calmindifference on April 27, 2014, 11:27:59 AM

https://www.youtube.com/watch?v=V_ONyukSLqA

Amazing song Grin

Topic: BTC drop to next level coming...bail the F out now! - page 15. (Read 24676 times)