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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30501. (Read 26713156 times)

legendary
Activity: 1008
Merit: 1000
hero member
Activity: 812
Merit: 1000
1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet.
Shake
New thread required. Smiley

I would take that bet too, but since there is a 0% chance he would pay, some sort of escrow is needed.
legendary
Activity: 2156
Merit: 1070
1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet.
Shake
New thread required. Smiley

Am happy to send into escrow right now.
legendary
Activity: 1092
Merit: 1001
Touchdown
1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet.
Shake
New thread required. Smiley
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 841
Merit: 1000
I think TA should be used with real caution now, since the fundamentals have improved and we have a lot of bigger players entering. Just some advice for the people who focus mainly on TA.

I don't know, really. What else do you have, other than TA?

I mean, fundamentals are subject to interpretation as well. There is no "objective" way to look at news/fundamentals... the market reaction to the Silk Road bust is a perfect example for that.

My point is, TA is just as useful or not useful as it always is.

Perhaps what you have in mind is better phrased as: "don't cling to *outdated* assumptions from TA".

I remember one of the mantras being repeated after the April peak/crash was that "price has to deflate back all the way" (which was either ~15 USD = price at beginning of the rally or ~30 USD = previous ATH). In reality, final capitulation was at ~60 USD, off by a factor of 2.

* * *

The current situation still fits into my own expectations... we went up pretty nicely over the last weeks, and with some extra force in the last few days, and I still consider it a real possibility that we're seeing an early end to the post-December peak bear market. On the other hand, we have what could be a (spread out) double top at 1070/1090, and there's also a real chance we're still going to go down much further.

I'm not tempted to re-adjust my position quite yet. If we go through 890-900 (mtgox) *with force*, and close below it, I'm starting to get worried. Well, not really, but I would consider the "continued bear market" scenario more likely again.

Yes indeed, this is what i meant.

So guys beware, the landscape is changing really fast now. Please keep this in mind with the decisions you make and adopt to them. I hate to see early adopters left behind.
full member
Activity: 126
Merit: 100
Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL 

hahahahaha

 Smiley Wink Cheesy Grin
\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??

Ill take that bet.
Shake
member
Activity: 91
Merit: 10
Just torrented turbotax, my state taxes are higher than my federal... OUCH Shocked


This is probably as it should be if you are in a state which raises revenues through income taxes. Of course, it should be because federal taxes were a tiny fraction of what they currently are.

And they were ZERO prior to 1913! Smiley
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?

dead cats climb no trees
legendary
Activity: 2156
Merit: 1070
Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL 

hahahahaha

 Smiley Wink Cheesy Grin
\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??

Ill take that bet.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL 

hahahahaha

 Smiley Wink Cheesy Grin
\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??

750 is a new low?  Grin
full member
Activity: 126
Merit: 100
Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL 

hahahahaha

 Smiley Wink Cheesy Grin
\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
I know that this might draw a number of derisive replies, but has anyone considered that we might actually be in the final and most pronounced dead cat bounce?

dead cats climb no trees
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL 

hahahahaha

 Smiley Wink Cheesy Grin
legendary
Activity: 1470
Merit: 1007
I think TA should be used with real caution now, since the fundamentals have improved and we have a lot of bigger players entering. Just some advice for the people who focus mainly on TA.

I don't know, really. What else do you have, other than TA?

I mean, fundamentals are subject to interpretation as well. There is no "objective" way to look at news/fundamentals... the market reaction to the Silk Road bust is a perfect example for that.

My point is, TA is just as useful or not useful as it always is.

Perhaps what you have in mind is better phrased as: "don't cling to *outdated* assumptions from TA".

I remember one of the mantras being repeated after the April peak/crash was that "price has to deflate back all the way" (which was either ~15 USD = price at beginning of the rally or ~30 USD = previous ATH). In reality, final capitulation was at ~60 USD, off by a factor of 2.

* * *

The current situation still fits into my own expectations... we went up pretty nicely over the last weeks, and with some extra force in the last few days, and I still consider it a real possibility that we're seeing an early end to the post-December peak bear market. On the other hand, we have what could be a (spread out) double top at 1070/1090, and there's also a real chance we're still going to go down much further.

I'm not tempted to re-adjust my position quite yet. If we go through 890-900 (mtgox) *with force*, and close below it, I'm starting to get worried. Well, not really, but I would consider the "continued bear market" scenario more likely again.
full member
Activity: 126
Merit: 100
Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Anyway, I've seen a similar UFO before. Probably just some unknown atmospheric phenomena.

That would be pretty much the definition of a UFO.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
sr. member
Activity: 350
Merit: 250
Another 1000$ failed party?
Now really , people are panicking too much. HODL !!!!


I hope they panic more :p
hero member
Activity: 826
Merit: 501
in defi we trust
Another 1000$ failed party?
Now really , people are panicking too much. HODL !!!!
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