It may still touch $5 before end of year. I'm shorting now, waiting for a big dump in the $4-4.15 range.
"I'm shorting now?"
Topic: Major correction to rally coming... - page 5. (Read 11032 times)
"I'm shorting now?"
It may still touch $5 before end of year. I'm shorting now, waiting for a big dump in the $4-4.15 range.
"I'm shorting now?"
liquidated at a nice profit
you were short so how's that?
i wasnt, im short now
liquidated at a nice profit
you were short so how's that?
hahahaha.. nailed
liquidated at a nice profit
you were short so how's that?
liquidated at a nice profit
it's accelerating.... 422 viewers at mtgoxlive.
Bidwalls are going up now... watch out.
edit :HOLY SHIT!!!!
edit :HOLY SHIT!!!!
this is a rally, son!
I'm going to tentatively say that we might see something interesting at 8 PM EST. Don't be disappointed if this doesn't play out the way I expect it to, but something might happen.
What makes you think that?
That's the time when we reach 4.3-4.35, assuming parabolic movement
Of course, the time window is 8PM - midnight. 4.3 - 4.35 is a crucial resistance level, and if we break it, something WILL happen.
edit: oh man something is already happening. Look at mtgoxlive... no spike, but plenty of buying volume.
The chart below is why I think any rallies in the short term are going to be abruptly corrected:
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
Aren’t the numbers on the y axis wrong? There are currently just below 8 million BTC. The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
I'm going to tentatively say that we might see something interesting at 8 PM EST. Don't be disappointed if this doesn't play out the way I expect it to, but something might happen.
What makes you think that?
I'm going to tentatively say that we might see something interesting at 8 PM EST. Don't be disappointed if this doesn't play out the way I expect it to, but something might happen.
I just hope this "correction" keeps up!
The chart below is why I think any rallies in the short term are going to be abruptly corrected:
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
why would you make that assumption? i could just as easily look at that graph and say the diminishing volume at mtgox means less ppl are wanting to sell and call that bullish and thats even with the total supply rising.
i for one own a significant amt of bitcoins and am not waiting to sell anything...
Why does everyone assume ALL the mined coins are dumped instantly
Why does everyone assume ALL the mined coins are dumped instantly
The chart below is why I think any rallies in the short term are going to be abruptly corrected:
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
Why does everyone assume ALL the mined coins are dumped instantly ?
The chart below is why I think any rallies in the short term are going to be abruptly corrected:
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Is it possible that this just means other exchanges are picking up the slack? Or that more people are trading outside of exchanges (possibly for goods and services instead of currency)? The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
The chart below is why I think any rallies in the short term are going to be abruptly corrected:
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
The red line shows the total bitcoin supply - a linear increase.
I have adjusted it to fit on the scale of the blue line, which represents the total supply on mtgox.
Notice the divergence of the two lines on the right, compared with left when I began recording the datapoints.
A large volume of btc is sitting out there somewhere just waiting to be sold.
Jump to: