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Topic: No signs of a rally so far (Read 3786 times)

legendary
Activity: 1064
Merit: 1001
July 07, 2014, 10:46:30 AM
#39
This is becoming annoying. Crash, after crash after crash. I wonder how many days such event put us back from 'the next big rally'.
full member
Activity: 174
Merit: 100
July 07, 2014, 08:36:54 AM
#38
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

Both good news and bad news are out of the way.

It is unknown news that will either spark the rally or cause a crash.


legendary
Activity: 1064
Merit: 1001
July 07, 2014, 08:10:42 AM
#37
Nice charts. So based on your analysis, how long should the stability period be and when should the top be expected?
newbie
Activity: 25
Merit: 0
July 06, 2014, 04:04:07 PM
#36
I think these charts need to be posted. I do think the bubble cycle is still in effect, and I do think that if we bubble up in the coming months we will see roughly $5000. That's my average guess.



Check my tradingview account for more stuff like this, I've made a few more:
https://www.tradingview.com/u/lowstrife/

https://i.imgur.com/khsBncr.png

https://i.imgur.com/OFu0sD4.png
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 06, 2014, 02:39:52 PM
#35
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

I believe we reach $5500 by the end of the year

its clear when you look at chart

It's "clear"? LOL, I'm bullish but not blindly so. I'd like to see your chart that makes this so obvious. If the market were this predictable, we'd all be filthy rich by now. Instead, we're all still waiting for bitcoin to take off. Smiley
full member
Activity: 141
Merit: 100
July 06, 2014, 11:58:40 AM
#34
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

I believe we reach $5500 by the end of the year

its clear when you look at chart
hero member
Activity: 490
Merit: 500
July 05, 2014, 08:26:58 PM
#33
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

the ceo of ebay has said for over a year he wants to integrate bitcoin , and paypal also said they want to deal with it too.

Yep, here he is:
http://video.cnbc.com/gallery/?video=3000281677

He can see that cryptos will eventually win (bitcoin or in some other shape), it's very smart of him to adapt to this fact.
sr. member
Activity: 336
Merit: 250
July 05, 2014, 07:18:34 PM
#32
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.

the ceo of ebay has said for over a year he wants to integrate bitcoin , and paypal also said they want to deal with it too.
sr. member
Activity: 350
Merit: 253
July 05, 2014, 06:21:31 PM
#31
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.

It will have to be a big name other than eBay. I highly doubt they would willingly allow a payment channel that would then compete directly with paypal, which is an enormous asset to them. And it's not as if they need to worry about pressure from outside; there is virtually no competition in the online auction space. Also, we had a large, well known merchant (newegg) and another big player (1-800-flowers) announce bitcoin integration last week and it barely nudged the market, and in fact we're going down again. I don't think anything less than amazon would have an effect at this point.
hero member
Activity: 490
Merit: 500
July 05, 2014, 05:52:15 PM
#30
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning

Yep, people (spacially the big hands) are waiting for a reason to get in.
The reasons not to get in have temporarily dissipated (China, bitcoin auction).

We need either the Winklevoss EFT or a big name like eBay to ignite the rocket.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
July 05, 2014, 05:30:56 PM
#29
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.

It sure doesnt, everyone is trying to find a reason to push the price up, but still nothing major.

You cant actualy predict the market, and even those fallbacks can be simple cashouts, without greather meaning
legendary
Activity: 826
Merit: 1002
amarha
July 05, 2014, 11:39:53 AM
#28
I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.


Finally, remember that the whales involved in the auction are sitting on the sidelines because, had they bought directly and not participated in the auction, they could have scored a sweet buy in the $550 to $600 range and now they are looking at $640-$650. Once they realize there is some stability, here, they'll jump to cash in on the good news.


This is interesting. I wonder how many of them regret putting their money up for the auction. The opportunity cost there is pretty big. Having that money free to buy coins the regular way would have probably been a better option for most.
legendary
Activity: 1960
Merit: 1022
July 05, 2014, 04:16:42 AM
#27
I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

And higher than a year ago.

what happened exactly one year ago?



 Grin

I hope it repeat, i want the deja vu.
full member
Activity: 151
Merit: 100
July 05, 2014, 04:04:05 AM
#26
Bull market don't go up in a straight line.

The fallback is to get rid of people with weak hand.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 04, 2014, 06:47:41 PM
#25
This action from ~660 level top just looks like a bullish consolidation to me. I think we are close to local bottom here, then take a crack at that resistance level. Then maybe 680, 720, we'll see. We could hit these targets and still be in a longer term bear market, though.
legendary
Activity: 2464
Merit: 1145
July 04, 2014, 05:58:07 PM
#24
I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

And higher than a year ago.

what happened exactly one year ago?



 Grin
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
July 04, 2014, 01:00:54 PM
#23
I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.

And higher than a year ago.
legendary
Activity: 1064
Merit: 1001
July 04, 2014, 12:50:19 PM
#22
I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.

And lower than 30 days ago.
sr. member
Activity: 336
Merit: 250
July 04, 2014, 09:21:12 AM
#21
I can't see anything so far. Can someone please give some good reasons (explanation or charts, no trolls pls) that can enlighten me? I have the feeling we'll see months passing and nothing notable will happen, only 100 USD ups or downs.

Good god, can someone please just ban this troll already?  He is annoying as fk.  I have him on ignore, but it's just not enough.  His blatant stupidity has somehow seeped through the Ignore functionality on this sub.

Nice characterization but the price is still lower than 2 days ago. I guess you're even more annoyed.

and still higher than 7 days ago. i guess you're even more stupid looking now.
legendary
Activity: 1106
Merit: 1005
July 04, 2014, 08:40:35 AM
#20
Wobber, me feels you're getting scared a bit  Grin

I  give you 1D, 3D and week MACD all in green. Panic buy wobby, or you're going to be left behind  Tongue

Green candles, ok, but we still dropped $25.

We need a warm-up to break the 38,2% Level. If it does not break than...

...maybe comes a longer sidewards-movement. Or a huge drop.

Who knows...?

If I'm not mistake 38.2% is around 650, which explains the struggle to get past $650

Once we pass that shit will get real.
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