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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25414. (Read 26609497 times)

hero member
Activity: 784
Merit: 500
350 is bottom

$340 i bottom. Exacly $339 Smiley if people penetrate this then the hell will break loose
hero member
Activity: 714
Merit: 500
...
I am sure Risto has better things to do than hang out on this thread.

He did post this yesterday: https://bitcointalksearch.org/topic/m.9059481

Quote
Unless we make a significant new low (below $266 would qualify), we have just made a multi-month double bottom, an incredibly bullish signal, way more bullish than the 1-month double bottom at $2 in 2011.

As usual, his comments are helpful in keeping me level headed in all of these drops!  

I know, right?
Risto's a man of science, his methods are sound and made clear in his Bitcoinology dissertation, here reproduced in its entirety:



Mrs. Krabappel and Principal Skinner were in the closet making babies, and I saw one of the babies, and then the baby looked at me.


sr. member
Activity: 378
Merit: 254
...
I am sure Risto has better things to do than hang out on this thread.

He did post this yesterday: https://bitcointalksearch.org/topic/m.9059481

Quote
Unless we make a significant new low (below $266 would qualify), we have just made a multi-month double bottom, an incredibly bullish signal, way more bullish than the 1-month double bottom at $2 in 2011.

As usual, his comments are helpful in keeping me level headed in all of these drops!  

I know, right?
Risto's a man of science, his methods are sound and made clear in his Bitcoinology dissertation, here reproduced in its entirety:

legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Idk wtf happened to the dollar in July but things are seriously out of whack since then and its accelerating, am I missing something obvious? (that doesn't come wrapped in tinfoil Wink ).
(Relevant to thread because significant moves over the last month or so inversely correspond to moves on the dollar index).

end of quantitative easing announced, EC bank announced something like $1 trillion money printing...

http://www.forbes.com/sites/jonhartley/2014/09/08/draghis-case-for-ecb-quantitative-easing/

also Japanese announced similar early in the year

in the USA that means interest rates go up so the cost of money goes up so people become more risk averse in the portfolio allocations...
hero member
Activity: 714
Merit: 500
I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in

And that rocket. Where does the fuel come from exactly?

Traders and speculators of course. The same (kinds of) people selling all these god damn coins
hero member
Activity: 714
Merit: 500
I do know some pro-traders who are looking at 360 for the big move in either direction. We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
Be careful with this, floating above $360 even for a few days doesn't mean that it will not break after.
Support is weak for such an important price area.



I'm pretty conservative, I would like to see 1 month + above 360 and preferably 380 before investing my hard-earned. Not interested in risking everything for a couple of dollars lol
hero member
Activity: 588
Merit: 500
newbie
Activity: 42
Merit: 0
I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
buy buy buy
I just bought coins worth half of my savings
hero member
Activity: 672
Merit: 500
I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in

And that rocket. Where does the fuel come from exactly?
hero member
Activity: 742
Merit: 500
I do know some pro-traders who are looking at 360 for the big move in either direction. We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
Be careful with this, floating above $360 even for a few days doesn't mean that it will not break after.
Support is weak for such an important price area.

hero member
Activity: 672
Merit: 500
What happened to these posts?

"Big money is dying to get in at lower prices"
"New people will get in once Bitcoin is affordable again"
"Cheap coins!"
"Bearwhale will buy back once he can get cheap coins"
"I can't wait for the price to go down"
"We must hit $xxx before we can go up again
Etc.

Month after month i was told that going down was actually a good thing.
What happened? Not so good anymore?
Even the bears stopped cheering.

Looks like many are giving up. They finally are finding out we won't magically go up after they got their cheap coins.
It took em months of cheering for cheap prices to find out.

hero member
Activity: 714
Merit: 500
I do know some pro-traders who are looking at 360 for the big move in either direction (they are big on technicals, I am not schooled). We are really staring down the barrel of a gun or rocket to the moon right here. If we hold over 360 I'm going all in
full member
Activity: 139
Merit: 100
bitcoin hates walls
i'm starting to feel a little uncomfortable holding  Embarrassed
hero member
Activity: 742
Merit: 500
fuck I missed 9000... I WANTED TO TYPE OVER 9000
MAN... THANKS.. FRIDAY IS RUINED

Delete a lot of posts to go back in time.

Damn!

You're right!

lol
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
legendary
Activity: 1008
Merit: 1000
Dumb broad
I am sure Risto has better things to do than hang out on this thread.

Perhaps flogging as much Monero as he can? Wink
legendary
Activity: 2156
Merit: 1131
fuck I missed 9000... I WANTED TO TYPE OVER 9000
MAN... THANKS.. FRIDAY IS RUINED

Delete a lot of posts to go back in time.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2338
Merit: 1035
Seriously considering if bitcoin is slowly dying out

This is the longest bearmarket bitcoin has ever seen. If bitcoin ever were to die out, now would be the time. I doubt it would die out at when we are at $5k+
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