Its going down in a few hours - page 3.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: MatTheCat on January 10, 2014, 10:41:23 AM

Quote from: raskul on January 10, 2014, 10:38:19 AM

Quote from: MatTheCat on January 10, 2014, 10:36:07 AM

We will see who is placing their bets in the right direction before this weekend is out for sure.

Without drawing lines on charts or anything like that, the increasing reticence of market participants to commit to Bitcoin during this post correction consolidation period indicates to me that the barrels are going to tip down the ways and soon. Most market players are in Bitcoin for profit, and I don't smell any profit in the immediate near term and neither will anyone else.

Oh yeah, and if you are trading on Gox (you seem to have Gox prices in your head which are bullshit prices), how do you get by waiting 6 weeks for each scrap of money that you attempt to withdraw?

i don't use mtgox pal

Then why are u quoting 915 as being the Bitcoin price.

I sold at $880, bitcoin is now $820. How does this equate in anyone's mind as a bad move?

didn't say it was a bad move, it just depends what you will buy at again.

Kungfucheez

member

Activity: 98

Merit: 10

Quote from: MatTheCat on January 10, 2014, 10:41:23 AM

Quote from: raskul on January 10, 2014, 10:38:19 AM

Quote from: MatTheCat on January 10, 2014, 10:36:07 AM

We will see who is placing their bets in the right direction before this weekend is out for sure.

Without drawing lines on charts or anything like that, the increasing reticence of market participants to commit to Bitcoin during this post correction consolidation period indicates to me that the barrels are going to tip down the ways and soon. Most market players are in Bitcoin for profit, and I don't smell any profit in the immediate near term and neither will anyone else.

Oh yeah, and if you are trading on Gox (you seem to have Gox prices in your head which are bullshit prices), how do you get by waiting 6 weeks for each scrap of money that you attempt to withdraw?

i don't use mtgox pal

Then why are u quoting 915 as being the Bitcoin price.

I sold at $880, bitcoin is now $820. How does this equate in anyone's mind as a bad move?

That wasn't a bad move, that was a good bet

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: raskul on January 10, 2014, 10:38:19 AM

Quote from: MatTheCat on January 10, 2014, 10:36:07 AM

We will see who is placing their bets in the right direction before this weekend is out for sure.

Without drawing lines on charts or anything like that, the increasing reticence of market participants to commit to Bitcoin during this post correction consolidation period indicates to me that the barrels are going to tip down the ways and soon. Most market players are in Bitcoin for profit, and I don't smell any profit in the immediate near term and neither will anyone else.

Oh yeah, and if you are trading on Gox (you seem to have Gox prices in your head which are bullshit prices), how do you get by waiting 6 weeks for each scrap of money that you attempt to withdraw?

i don't use mtgox pal

Then why are u quoting 915 as being the Bitcoin price.

I sold at $880, bitcoin is now $820. How does this equate in anyone's mind as a bad move?

raskul

sr. member

Activity: 434

Merit: 250

Quote from: MatTheCat on January 10, 2014, 10:36:07 AM

We will see who is placing their bets in the right direction before this weekend is out for sure.

Without drawing lines on charts or anything like that, the increasing reticence of market participants to commit to Bitcoin during this post correction consolidation period indicates to me that the barrels are going to tip down the ways and soon. Most market players are in Bitcoin for profit, and I don't smell any profit in the immediate near term and neither will anyone else.

Oh yeah, and if you are trading on Gox (you seem to have Gox prices in your head which are bullshit prices), how do you get by waiting 6 weeks for each scrap of money that you attempt to withdraw?

i don't use mtgox pal

Kungfucheez

member

Activity: 98

Merit: 10

Quote from: raskul on January 10, 2014, 10:12:09 AM

Quote from: Kungfucheez on January 10, 2014, 10:07:52 AM

Maybe cause everyone is taking btcs off the market and selling them Roll Eyes

Maybe not, but who knows

without some seriously BAD news occurring in the world regarding BTC, it's not going to drop that much.
there is no volume sell possible that would reduce the value from 900 to 600... and even if that were to happen, the 20minute clock would tick and it would simply ramp up again... what i'm seeing is as close to a stable as we have had ^600. it may dip to 800, but not further, like I say, without some seriously negative political press.

True, gonna be interesting to see where we go from here

MatTheCat

hero member

Activity: 840

Merit: 1000

We will see who is placing their bets in the right direction before this weekend is out for sure.

Without drawing lines on charts or anything like that, the increasing reticence of market participants to commit to Bitcoin during this post correction consolidation period indicates to me that the barrels are going to tip down the ways and soon. Most market players are in Bitcoin for profit, and I don't smell any profit in the immediate near term and neither will anyone else. Premiums on LocalBitcoins (UK) are ultra tight also, about 4%. Considering that it costs most British people between 3% - 5% to get money over to Bitstamp, this is tell's me that LocalBitcoin volume is very low and that sellers believe that their coins are going to be worth less tomorrow, not more.

Oh yeah, and if you are trading on Gox (you seem to have Gox prices in your head which are bullshit prices), how do you get by waiting 6 weeks for each scrap of money that you attempt to withdraw?

raskul

sr. member

Activity: 434

Merit: 250

Quote from: MatTheCat on January 10, 2014, 10:25:52 AM

Quote from: raskul on January 10, 2014, 10:04:01 AM

sold at $880!?

i bet you feel like a right plonker. Shocked

It was a stupid sell, had I waited an hour I could have gotten $920-$930, so yeah, I was pissed off.

But Bitcoin is now $820 and it is going lower, much lower. So do i feel like a plonker? A bit, but overall not really? Are you a plonker for holdin when you should have sold? Most definitely!

what you need to consider is the price I trade at... and then consider the shape of a single ramp... currently (still) the tick ramp is going up quicker than it is coming down. In my book, that's a good indicator for me. I make a living out of this stuff. Long live BTC.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: raskul on January 10, 2014, 10:04:01 AM

sold at $880!?

i bet you feel like a right plonker. Shocked

It was a stupid sell, had I waited an hour I could have gotten $920-$930, so yeah, I was pissed off.

But Bitcoin is now $820, it went as low as $765 and it is going lower, much lower. So do i feel like a plonker? A bit, but overall not really? Are you a plonker for holdin when you should have sold? Most definitely!

Quote from: T.Stuart on January 10, 2014, 09:58:41 AM

Ha!

WTF? You've become a follower of Karhu! What's going on MatTheCat?! Are you the real Karhu??!! lol! Cheesy

Go to Karhu with a clear mind and an open heart, and Karhu shall show you the way.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: Kungfucheez on January 10, 2014, 10:07:52 AM

Maybe cause everyone is taking btcs off the market and selling them Roll Eyes

Maybe not, but who knows

without some seriously BAD news occurring in the world regarding BTC, it's not going to drop that much.
there is no volume sell possible that would reduce the value from 900 to 600... and even if that were to happen, the 20minute clock would tick and it would simply ramp up again... what i'm seeing is as close to a stable as we have had ^600. it may dip to 800, but not further, like I say, without some seriously negative political press.

Kungfucheez

member

Activity: 98

Merit: 10

Maybe cause everyone is taking btcs off the market and selling them Roll Eyes

Maybe not, but who knows

raskul

sr. member

Activity: 434

Merit: 250

sold at $880!?

i bet you feel like a right plonker. Shocked

T.Stuart

hero member

Activity: 644

Merit: 500

One Token to Move Anything Anywhere

Quote from: MatTheCat on January 10, 2014, 09:54:24 AM

Quote from: F-bernanke on January 10, 2014, 03:11:44 AM

So.. you sold? Cheesy

Ages ago, at $880.

Buying back in in the $600 range.

See you there.

Ha!

WTF? You've become a follower of Karhu! What's going on MatTheCat?! Are you the real Karhu??!! lol! Cheesy

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: F-bernanke on January 10, 2014, 03:11:44 AM

So.. you sold? Cheesy

Ages ago, at $880.

Buying back in in the $600 range.

See you there.

segeln

hero member

Activity: 602

Merit: 500

It`s not going down. It`s a lateral-movement since 1/8/2014

raskul

sr. member

Activity: 434

Merit: 250

i've been trading indices for a long time since before BTC came about and I have to say, what a crock of shit... you can't seriously be saying that stock exchanges show patterns? I hope you dumped all your BTC, just to teach you a lesson. sorry to be so harsh, but perhaps gamblers anonymous can help put you straight?

HODL.

John999

newbie

Activity: 2

Merit: 1018

Support at around 800 (stamp) is still holding. But it won't last.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

define "few"? few thousand?

Wilhelm

legendary

Activity: 1652

Merit: 1265

Don't you need volume for that to happen? I don't see any volume in the chart.

... another member talking his book .... Cheesy

F-bernanke

sr. member

Activity: 308

Merit: 250

So.. you sold? Cheesy

zby

legendary

Activity: 1594

Merit: 1001

Imagining too much - smells desperation.

Topic: Its going down in a few hours - page 3. (Read 5112 times)