This panic is even more bullish than the last few

b!z

legendary

Activity: 1582

Merit: 1010

Quote from: BitPirate on March 29, 2013, 02:41:09 AM

I think the next time one of these silly forced sell-offs occurs, people will be ready and ignore it.

In fact it would be hilarious if we could somehow agree on a counterattack -- have a bunch of $ waiting, buy their cheap coins and push to a new high.

We don't need to agree; everyone is already doing it.

damnek

hero member

Activity: 614

Merit: 500

As long as there are enough newbie bitcoin traders this will work.

BitPirate

full member

Activity: 238

Merit: 100

RMBTB.com: The secure BTC:CNY exchange. 0% fee!

I think the next time one of these silly forced sell-offs occurs, people will be ready and ignore it.

In fact it would be hilarious if we could somehow agree on a counterattack -- have a bunch of $ waiting, buy their cheap coins and push to a new high.

MonadTran

full member

Activity: 181

Merit: 100

Quote from: smoothie on March 29, 2013, 12:36:01 AM

an over supply of deflated bears which makes it look like there is more than enough inflated bulls.

oakpacific

hero member

Activity: 784

Merit: 1000

Hourly EMA10/21 about to cross.

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: smoothie on March 29, 2013, 12:36:01 AM

Quote from: chriswen on March 29, 2013, 12:33:29 AM

Quote from: ineededausername on March 29, 2013, 12:29:57 AM

Quote from: oakpacific on March 29, 2013, 12:27:34 AM

Quote from: ineededausername on March 29, 2013, 12:24:01 AM

Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.

Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes.

There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread Grin

There is no need to encourage that. We have more than enough inflated bulls already (inflated heads).

I disagree. I think we have just an over supply of deflated bears which makes it look like there is more than enough inflated bulls.
Roll Eyes

We'll see more and more of them, their number will be directly proportional to the bitcoin price.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: chriswen on March 29, 2013, 12:33:29 AM

Quote from: ineededausername on March 29, 2013, 12:29:57 AM

Quote from: oakpacific on March 29, 2013, 12:27:34 AM

Quote from: ineededausername on March 29, 2013, 12:24:01 AM

Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.

Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes.

There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread Grin

There is no need to encourage that. We have more than enough inflated bulls already (inflated heads).

I disagree. I think we have just an over supply of deflated bears which makes it look like there is more than enough inflated bulls.
Roll Eyes

chriswen

hero member

Activity: 756

Merit: 500

Quote from: ineededausername on March 29, 2013, 12:29:57 AM

Quote from: oakpacific on March 29, 2013, 12:27:34 AM

Quote from: ineededausername on March 29, 2013, 12:24:01 AM

Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.

Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes.

There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread Grin

There is no need to encourage that. We have more than enough inflated bulls already (inflated heads).

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Quote from: oakpacific on March 29, 2013, 12:27:34 AM

Quote from: ineededausername on March 29, 2013, 12:24:01 AM

Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.

Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes.

There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread Grin

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: ineededausername on March 29, 2013, 12:24:01 AM

Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.

Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.

Topic: This panic is even more bullish than the last few (Read 1490 times)