Cup and handle again on Bitstamp?
Begins to look a lot like it yes, plus new money coming in. Next 24 hours will be very important i think. 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31745. (Read 26608252 times)
November 21, 2013, 06:56:00 AM
November 21, 2013, 06:52:22 AM
Cup and handle again on Bitstamp?
November 21, 2013, 06:44:53 AM
"Shorting" is that you own any asset that you don't need, but you decide to not sell it and purchase bitcoins instead.
When this gets into the dictionary , it will be a great day for Bitcoin
November 21, 2013, 06:44:04 AM
The University of Nicosia becomes the first accredited university in the world to accept Bitcoin payments, launches an MSc Degree in Digital Currency and proposes initiation of a Comprehensive Framework for developing Cyprus into a hub for Bitcoin trading, processing and banking.
http://www.unic.ac.cy/digitalcurrency
NeoBee is behind the deal - https://bitcointalksearch.org/topic/m.3660551
http://www.unic.ac.cy/digitalcurrency
NeoBee is behind the deal - https://bitcointalksearch.org/topic/m.3660551
Now that's something!!!
All bitcoin needs to rise even more now is some deposit haircuts around the world, like the one in Cyprus!!!!
Too big to fail? Kiss my ...
November 21, 2013, 06:43:43 AM
The two last time the price stay in a short range for few days (around 130 and around 200, it was the preparation for the next stage). And it looks like we are gonna stay around 640 (stamp) for a while.
November 21, 2013, 06:40:10 AM
Shorting = borrowing coins to sell them, in the hopes that the price per coin will be lower when you have to give them back. A "short sell" is to sell an asset (BTC) you don't own, you just have borrowed it to sell it because you anticipate the price to go down.
That's extremely dangerous with BTC, because the price has the potential to double multiple times very quickly, and thus you can face huge losses by shorting.
That's what "shorting" means, but in these forums many people say they are "short" when they have sold coins, which is not correct. What can you expect in a forum where most of people thinks that ROI is a synonym for break-even....
That's extremely dangerous with BTC, because the price has the potential to double multiple times very quickly, and thus you can face huge losses by shorting.
That's what "shorting" means, but in these forums many people say they are "short" when they have sold coins, which is not correct. What can you expect in a forum where most of people thinks that ROI is a synonym for break-even....
"Shorting" is that you own any asset that you don't need, but you decide to not sell it and purchase bitcoins instead.
you really don't know much about the market..I can tell
lmfao November 21, 2013, 06:38:58 AM
Shorting = borrowing coins to sell them, in the hopes that the price per coin will be lower when you have to give them back. A "short sell" is to sell an asset (BTC) you don't own, you just have borrowed it to sell it because you anticipate the price to go down.
That's extremely dangerous with BTC, because the price has the potential to double multiple times very quickly, and thus you can face huge losses by shorting.
That's what "shorting" means, but in these forums many people say they are "short" when they have sold coins, which is not correct. What can you expect in a forum where most of people thinks that ROI is a synonym for break-even....
That's extremely dangerous with BTC, because the price has the potential to double multiple times very quickly, and thus you can face huge losses by shorting.
That's what "shorting" means, but in these forums many people say they are "short" when they have sold coins, which is not correct. What can you expect in a forum where most of people thinks that ROI is a synonym for break-even....
"Shorting" is that you own any asset that you don't need, but you decide to not sell it and purchase bitcoins instead.
Shorting USD??
November 21, 2013, 06:38:13 AM
Shorting = borrowing coins to sell them, in the hopes that the price per coin will be lower when you have to give them back. A "short sell" is to sell an asset (BTC) you don't own, you just have borrowed it to sell it because you anticipate the price to go down.
That's extremely dangerous with BTC, because the price has the potential to double multiple times very quickly, and thus you can face huge losses by shorting.
That's what "shorting" means, but in these forums many people say they are "short" when they have sold coins, which is not correct. What can you expect in a forum where most of people thinks that ROI is a synonym for break-even....
That's extremely dangerous with BTC, because the price has the potential to double multiple times very quickly, and thus you can face huge losses by shorting.
That's what "shorting" means, but in these forums many people say they are "short" when they have sold coins, which is not correct. What can you expect in a forum where most of people thinks that ROI is a synonym for break-even....
"Shorting" is that you own any asset that you don't need, but you decide to not sell it and purchase bitcoins instead.
November 21, 2013, 06:36:36 AM
I'm not convinced of this break out, yet. Very low volume.
+1
November 21, 2013, 06:34:29 AM
I'm not convinced of this break out, yet. Very low volume.
Me neither, just sold other 1/12 so i have sold now 1/6 avg at 608 (stamp) in this rise. Just in case, because I don't have any wealth other than coins and now little bit usd.
November 21, 2013, 06:32:41 AM
I'm not convinced of this break out, yet. Very low volume.
lol this ain't a pennystock = it's a revolution!!!!
November 21, 2013, 06:31:23 AM
The University of Nicosia becomes the first accredited university in the world to accept Bitcoin payments, launches an MSc Degree in Digital Currency and proposes initiation of a Comprehensive Framework for developing Cyprus into a hub for Bitcoin trading, processing and banking.
http://www.unic.ac.cy/digitalcurrency
NeoBee is behind the deal - https://bitcointalksearch.org/topic/m.3660551
http://www.unic.ac.cy/digitalcurrency
NeoBee is behind the deal - https://bitcointalksearch.org/topic/m.3660551
November 21, 2013, 06:29:07 AM
I'm not convinced of this break out, yet. Very low volume.
November 21, 2013, 06:27:36 AM
Historical highs and lows compared using rpietila's trendline:
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
This looks interesting - but what does it mean?
I should add that the trendline is still being refined with every passing week. For example, if the same trendline had been built in june 2011 I wonder if $32 would seem such a large deviation at the time.
November 21, 2013, 06:26:33 AM
Historical highs and lows compared using rpietila's trendline:
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
This looks interesting - but what does it mean?
The deviation from the trend line?
November 21, 2013, 06:24:13 AM
Historical highs and lows compared using rpietila's trendline:
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
This looks interesting - but what does it mean?
November 21, 2013, 06:18:40 AM
Historical highs and lows compared using rpietila's trendline:
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
November 21, 2013, 06:13:19 AM
Anyone know a good tax guy in NJ/NY area who actually understands this?
tax?
you're kidding right?
Actually I was quite serious...last thing I want to do is find myself on the wrong side of a huge ass tax bill for which I'm not able to pay...or worse have to do battle with the IRS.
yeah man ~ you need some help? ..pm me your email !
November 21, 2013, 06:08:51 AM
- I only daytrade during bear markets. I don't see how I can increase my BTC in a bull market, and increasing my BTC is the only purpose of daytrading for me.
Any advices on how to get better at it
buy my book?
November 21, 2013, 06:03:03 AM
Anyone know a good tax guy in NJ/NY area who actually understands this?
tax?
you're kidding right?
Actually I was quite serious...last thing I want to do is find myself on the wrong side of a huge ass tax bill for which I'm not able to pay...or worse have to do battle with the IRS.
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