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Topic: Midweek massacre coming? - page 2. (Read 5145 times)

legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
September 23, 2014, 02:11:31 PM
#28
It is starting to drop RIGHT NOW... monday morning.... could the close of this monster triangle be going up or down... looks like it is going straight down:



more likely to break down than up

Bullish pennant, so it should brek up (I don't care much about TA, though).

SO UP IT WAS!
legendary
Activity: 2576
Merit: 1087
September 23, 2014, 01:48:02 PM
#27
21 million Bitcoins

  • 30 million okcupid users
  • More than 250 million linkedin users
  • More than 1 billion facebook users

Let use pretend that in the end-game scenario only 50 million people end up with Bitcoin wallets despite the fact that people visit many websites and many websites could accept Bitcoin...

In that situation is is impossible for everybody to hold half a coin... there simply isn't enough to go around.

Today it is still affordable for just about anybody that has a minimum wage job in the developed world to buy an entire Bitcoin. The idea of that is completely insane.

The huge investment that has gone into mining just goes to show how valuable this scarce commodity is.

The price of Bitcoin is undervalued on so many levels right now.

Bring on the massacre. I dare you.

Lol at this.  Just lol.  21 million bitcoins can be broken into 1000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 parts.


this aint like an actual metal coin.  donkey!

such parts. many reading. so understand.
legendary
Activity: 1176
Merit: 1010
Borsche
September 23, 2014, 01:26:54 PM
#26
Upwards massacre?

Midweek young bears slaughter.
legendary
Activity: 1176
Merit: 1000
September 23, 2014, 01:24:28 PM
#25
Upwards massacre?
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
September 23, 2014, 12:47:52 PM
#24
Thank you, noob. I'm very near to achieve my goal of 210 BTC. Keep on crying, wimp

Word of advice. Do not think of the number of BTC you have, consider the exchange rate and be flexible to go out and in. Please don't give me shit about this post because it is an advice, take it or leave it. I am not here for the drama.
member
Activity: 83
Merit: 10
mene mene tekel upharsin
September 23, 2014, 10:53:05 AM
#23
It is starting to drop RIGHT NOW... monday morning.... could the close of this monster triangle be going up or down... looks like it is going straight down:



more likely to break down than up

Bullish pennant, so it should brek up (I don't care much about TA, though).


A descending triangle is not a bullish pennant, that is classically symmetrical. Look again at your diagram.
member
Activity: 84
Merit: 10
September 23, 2014, 07:35:34 AM
#22
It is starting to drop RIGHT NOW... monday morning.... could the close of this monster triangle be going up or down... looks like it is going straight down:



Such TA makes me understand that a lot of people doubt in TA at all. That's suckers TA, and 95% seen on this board is not better than this. How can one draw and use a triangle pattern where the bottom (support) was already violated? In this manner I can draw one million triangles wherever I want. Throwing chicken bones and interpreting their positions has the same effect as such TA.
legendary
Activity: 1176
Merit: 1010
Borsche
September 22, 2014, 02:37:16 PM
#21

Nice one, all true Wink I'd start with minus ten and see if it becomes easier to grasp the concept of dividing an apple to create two apples Smiley
hero member
Activity: 588
Merit: 500
September 22, 2014, 02:35:26 PM
#20
I still think we have one more drop coming. No breakout from 400, it won't sustain this for long. Dip down to high 200s, then hopefully rally time. Smiley
ask
legendary
Activity: 1386
Merit: 1004
September 22, 2014, 02:26:56 PM
#19

this aint like an actual coin

What the hell, now you fail mathematics for idiots? It does look like your intellectual ability degrades by the hour, with downward momentum that you would like to attribute to bitcoin price, only it's your ability to count to 2.

Repeat after me - there will only be 21 million of units that we today call bitcoin ever created. So no, 22million people can't have 1 bitcoin each no matter how much you divide it, silly. You can divide your car into 100 parts but that won't mean you can give 100 people a new car, because it won't be cars you are giving, but some oily freshly cut detail; frankly you'll most definitely will look rather stupid trying to sell these parts as new cars.

Piramida,  I think that we should take a special pill to be able  to understand guys like Xiaoxiao.  Which pill?  Check www.youtube.com/watch?v=z9pD_UK6vGU
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
hero member
Activity: 841
Merit: 1000
September 22, 2014, 02:13:01 PM
#17
21 million Bitcoins

  • 30 million okcupid users
  • More than 250 million linkedin users
  • More than 1 billion facebook users

Let use pretend that in the end-game scenario only 50 million people end up with Bitcoin wallets despite the fact that people visit many websites and many websites could accept Bitcoin...

In that situation is is impossible for everybody to hold half a coin... there simply isn't enough to go around.

Today it is still affordable for just about anybody that has a minimum wage job in the developed world to buy an entire Bitcoin. The idea of that is completely insane.

The huge investment that has gone into mining just goes to show how valuable this scarce commodity is.

The price of Bitcoin is undervalued on so many levels right now.

Bring on the massacre. I dare you.

Lol at this.  Just lol.  21 million bitcoins can be broken into 1000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 parts.


this aint like an actual metal coin.  donkey!
Read again, donkey.
legendary
Activity: 1176
Merit: 1010
Borsche
September 22, 2014, 02:12:50 PM
#16

this aint like an actual coin

What the hell, now you fail mathematics for idiots? It does look like your intellectual ability degrades by the hour, with downward momentum that you would like to attribute to bitcoin price, only it's your ability to count to 2.

Repeat after me - there will only be 21 million of units that we today call bitcoin ever created. So no, 22million people can't have 1 bitcoin each no matter how much you divide it, silly. You can divide your car into 100 parts but that won't mean you can give 100 people a new car, because it won't be cars you are giving, but some oily freshly cut detail; frankly you'll most definitely will look rather stupid trying to sell these parts as new cars.
legendary
Activity: 1652
Merit: 1265
September 22, 2014, 02:10:28 PM
#15
21 million Bitcoins

  • 30 million okcupid users
  • More than 250 million linkedin users
  • More than 1 billion facebook users

Let use pretend that in the end-game scenario only 50 million people end up with Bitcoin wallets despite the fact that people visit many websites and many websites could accept Bitcoin...

In that situation is is impossible for everybody to hold half a coin... there simply isn't enough to go around.

Today it is still affordable for just about anybody that has a minimum wage job in the developed world to buy an entire Bitcoin. The idea of that is completely insane.

The huge investment that has gone into mining just goes to show how valuable this scarce commodity is.

The price of Bitcoin is undervalued on so many levels right now.

Bring on the massacre. I dare you.

We can always valuate products in picasatoshi so we still have a long long long way to go before divisibility becomes a problem.
Ow and don't start with the mBTC will inflate bitcoin and is the same as printing money crap Smiley
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
September 22, 2014, 02:07:33 PM
#14
21 million Bitcoins

  • 30 million okcupid users
  • More than 250 million linkedin users
  • More than 1 billion facebook users

Let use pretend that in the end-game scenario only 50 million people end up with Bitcoin wallets despite the fact that people visit many websites and many websites could accept Bitcoin...

In that situation is is impossible for everybody to hold half a coin... there simply isn't enough to go around.

Today it is still affordable for just about anybody that has a minimum wage job in the developed world to buy an entire Bitcoin. The idea of that is completely insane.

The huge investment that has gone into mining just goes to show how valuable this scarce commodity is.

The price of Bitcoin is undervalued on so many levels right now.

Bring on the massacre. I dare you.

Lol at this.  Just lol.  21 million bitcoins can be broken into 1000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 parts.


this aint like an actual metal coin.  donkey!
legendary
Activity: 1176
Merit: 1010
Borsche
September 22, 2014, 02:07:18 PM
#13

more likely to break down than up

Look at that chart again closely... Last "monster triangle" did violently break up to $700 and started the current one. Basically, any price break above the triangle would lead to a new triangle.. until it makes a triangle pointing up, then everyone will have to admit we're rallying but it will be too late Wink
hero member
Activity: 700
Merit: 500
September 22, 2014, 02:01:23 PM
#12
21 million Bitcoins

  • 30 million okcupid users
  • More than 250 million linkedin users
  • More than 1 billion facebook users

Let use pretend that in the end-game scenario only 50 million people end up with Bitcoin wallets despite the fact that people visit many websites and many websites could accept Bitcoin...

In that situation is is impossible for everybody to hold half a coin... there simply isn't enough to go around.

Today it is still affordable for just about anybody that has a minimum wage job in the developed world to buy an entire Bitcoin. The idea of that is completely insane.

The huge investment that has gone into mining just goes to show how valuable this scarce commodity is.

The price of Bitcoin is undervalued on so many levels right now.

Bring on the massacre. I dare you.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
September 22, 2014, 11:44:32 AM
#11
It is starting to drop RIGHT NOW... monday morning.... could the close of this monster triangle be going up or down... looks like it is going straight down:



more likely to break down than up

Bullish pennant, so it should brek up (I don't care much about TA, though).
hero member
Activity: 756
Merit: 500
September 22, 2014, 11:34:55 AM
#10
It is starting to drop RIGHT NOW... monday morning.... could the close of this monster triangle be going up or down... looks like it is going straight down:



more likely to break down than up
legendary
Activity: 1176
Merit: 1000
September 22, 2014, 10:02:59 AM
#9
Was ready to discuss potential mid week down fall..then realized i'm in a fallin thread.

Yes I was wondering yesterday whether creating a new forum would be a good idea. Torque pointed out quite rightly that good objective bear analysis is lacking, drowned out by the rubbish troll threads.
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