It kind of agrees with my initial estimates for about a month and a half of corrections (https://bitcointalksearch.org/topic/how-long-this-correction-will-take-59903).
Sorry you came late to the 2.5 bitcoin monthly party...
Topic: It's called a correction (waveaddict's bitcoin charting subscription thread) - page 56. (Read 92099 times)
February 14, 2012, 03:09:26 PM
Sorry you came late to the 2.5 bitcoin monthly party...
February 14, 2012, 03:06:25 PM
It kind of agrees with my initial estimates for about a month and a half of corrections (https://bitcointalksearch.org/topic/how-long-this-correction-will-take-59903).
February 14, 2012, 02:40:39 PM
updated potential subscriber list:
teflone
wobber
Mushoz
notme
thomkaufmann
M4v3R
SkRRJyTC
proudhon *sorry bud...not changing the name so I'll put you down as a maybe
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
teflone
wobber
Mushoz
notme
thomkaufmann
M4v3R
SkRRJyTC
proudhon *sorry bud...not changing the name so I'll put you down as a maybe
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
As far as I rely in my own analysis, you can count me in too.
February 14, 2012, 02:34:31 PM
As far as I rely in my own analysis, you can count me in too.
February 14, 2012, 02:07:41 PM
And for another 2.5, for those that want it I'll include a SPX, GOLD, AAPL, etc chart with each update if you are worried about your 401k. For all those interested, just send me an email and I'll send you a chart to demonstrate what you would be getting for 2.5 per asset class charting per month.
interested
updated potential subscriber list:
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
interested
February 14, 2012, 01:59:48 PM
updated potential subscriber list:
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
I'll subscribe if you change your name to S3053.
Haha!
February 14, 2012, 01:58:11 PM
updated potential subscriber list:
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
I'll subscribe if you change your name to S3053.
February 14, 2012, 01:56:17 PM
updated potential subscriber list:
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
interested
February 14, 2012, 01:48:28 PM
updated potential subscriber list:
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
February 14, 2012, 01:45:05 PM
I would agree that being long here has a very high probability of success given all the possibilities of waves that we could be in right now. You can tell from my chart on the first page, that I believe that we are in either a wave C up or a wave 3 up right now.
2 --> 7.2 wave 1 or A (up)
7.2 -> 4.2 wave 2 or B (down)
4.2 --> 10-14ish wave 3 or C (up) after this point is where you should decide how much you are willing to risk on pure speculation
2 --> 7.2 wave 1 or A (up)
7.2 -> 4.2 wave 2 or B (down)
4.2 --> 10-14ish wave 3 or C (up) after this point is where you should decide how much you are willing to risk on pure speculation
"Wave 1: Wave one is rarely obvious at its inception. When the first wave of a new bull market begins, the fundamental news is almost universally negative. The previous trend is considered still strongly in force. Fundamental analysts continue to revise their earnings estimates lower; the economy probably does not look strong. Sentiment surveys are decidedly bearish, put options are in vogue, and implied volatility in the options market is high. Volume might increase a bit as prices rise, but not by enough to alert many technical analysts."
I think that we have, or will very soon, reach rock bottom. Buying time is now. Now is the time to be very, very long.
I think that we have, or will very soon, reach rock bottom. Buying time is now. Now is the time to be very, very long.
February 14, 2012, 01:43:55 PM
Besides teflone, wobber, and Mushoz, are there any others interested?
Count me in.
Daily updates for 2.5BTC/month... I'm in.
February 14, 2012, 01:35:04 PM
I'm not going to deny that certain external factors influence the speed and extending feature of certain waves
I don't think waves can explain everything - but I agree that they exist. For example when counting the waves leading to 7.2 we were clearly in the 3rd wave and I was expecting the 5th to go beyond that - but apparently the bitcoinica USD shortages mutilated the 5th wave - that is clearly visible on your chart.
rationalize it all you want...the waves don't lie. sentiment towards news changes in regard to what wave up or down you are in. We were in a corrective wave down so this news was perceived as 'more dreadful' then if it occurred during an uptrend wave.
I don't think waves can explain everything - but I agree that they exist. For example when counting the waves leading to 7.2 we were clearly in the 3rd wave and I was expecting the 5th to go beyond that - but apparently the bitcoinica USD shortages mutilated the 5th wave - that is clearly visible on your chart.
February 14, 2012, 01:33:13 PM
"Wave 1: Wave one is rarely obvious at its inception. When the first wave of a new bull market begins, the fundamental news is almost universally negative. The previous trend is considered still strongly in force. Fundamental analysts continue to revise their earnings estimates lower; the economy probably does not look strong. Sentiment surveys are decidedly bearish, put options are in vogue, and implied volatility in the options market is high. Volume might increase a bit as prices rise, but not by enough to alert many technical analysts."
I think that we have, or will very soon, reach rock bottom. Buying time is now. Now is the time to be very, very long.
I think that we have, or will very soon, reach rock bottom. Buying time is now. Now is the time to be very, very long.
February 14, 2012, 01:28:10 PM
Besides teflone, wobber, and Mushoz, are there any others interested?
Count me in.
February 14, 2012, 01:27:58 PM
rationalize it all you want...the waves don't lie. sentiment towards news changes in regard to what wave up or down you are in. We were in a corrective wave down so this news was perceived as 'more dreadful' then if it occurred during an uptrend wave.
I don't think waves can explain everything - but I agree that they exist. For example when counting the waves leading to 7.2 we were clearly in the 3rd wave and I was expecting the 5th to go beyond that - but apparently the bitcoinica USD shortages mutilated the 5th wave - that is clearly visible on your chart.
February 14, 2012, 01:09:45 PM
can you explain this worry that you have in a little more detail?
updated potential subscriber list: teflone, wobber, Mushoz, and gewure
Also I request this be somewhat limited to people able to sign up. I know it sounds stupid..
But the lemming effect from R2D2's is staggering..
updated potential subscriber list: teflone, wobber, Mushoz, and gewure
I'll most likely send daily updates.
Besides teflone, wobber, and Mushoz, are there any others interested.
Besides teflone, wobber, and Mushoz, are there any others interested.
I'd most likely be in as well. If it contains short-term updates as well. Those are the most valuable to me.
Also I request this be somewhat limited to people able to sign up. I know it sounds stupid..
But the lemming effect from R2D2's is staggering..
February 14, 2012, 01:05:48 PM
posted this a couple of weeks ago: http://imageshack.us/f/688/bitcoinforum.png/
situation now: http://imageshack.us/f/171/69867152.png/
Many here need to learn the basics of investing before they start speculating. A near perfect channel correction is near complete if not finished already. The name of the game is buying when others are fearful...bitcoin is no different than the same dynamics that price out everything in a free market.
situation now: http://imageshack.us/f/171/69867152.png/
Many here need to learn the basics of investing before they start speculating. A near perfect channel correction is near complete if not finished already. The name of the game is buying when others are fearful...bitcoin is no different than the same dynamics that price out everything in a free market.
yup. My standing buy orders at intersango have picked up about 100 bitcoins in todays lemming panic. I'm loving it..
February 14, 2012, 12:55:22 PM
I'll most likely send daily updates.
Besides teflone, wobber, and Mushoz, are there any others interested?
Besides teflone, wobber, and Mushoz, are there any others interested?
I'd most likely be in as well. If it contains short-term updates as well. Those are the most valuable to me.
me
February 14, 2012, 12:53:23 PM
I'll most likely send daily updates.
Besides teflone, wobber, and Mushoz, are there any others interested.
Besides teflone, wobber, and Mushoz, are there any others interested.
I'd most likely be in as well. If it contains short-term updates as well. Those are the most valuable to me.
Also I request this be somewhat limited to people able to sign up. I know it sounds stupid..
But the lemming effect from R2D2's is staggering..
February 14, 2012, 12:52:13 PM
Big delivery service in St Louis started accepting bitcoin..
Thats GOOD GOOD GOOD news!
Thats GOOD GOOD GOOD news!
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