... this is why technical analysis works so well. we alerted subscribers ... and the drop then came as expected[/color]
Thanks for that.
I assume by "works", you mean "self-fulfilling prophecy"?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33400. (Read 26619951 times)
June 08, 2013, 01:41:52 AM
Thanks for that.
I assume by "works", you mean "self-fulfilling prophecy"?
June 08, 2013, 01:32:53 AM
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything. I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap. Shake all the weak hands and run it up to 500. 
most market movements actually happen without news, and all news info is embedded in the prices. this is why technical analysis works so well. we alerted subscribers about the break of the critical trendline around 127-128 $ and the drop then came as expected
June 08, 2013, 01:22:55 AM
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything. I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap. Shake all the weak hands and run it up to 500.
I don't remember any bad news on 10th of April either.
June 08, 2013, 01:17:37 AM
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything. I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap. Shake all the weak hands and run it up to 500.
Lack of major good news and accumulation of previous bad news(DHS,and tightening funding,no media hype) is the reason.
June 08, 2013, 01:10:31 AM
You know, what confuses me about this drop, is it doesn't appear to be triggered by anything. I've been a firm believer that we would retest our lows in the 60-80 range at some point, but I always assumed it be triggered by some major news event. How sick would it be if this was the ultimate bear trap. Shake all the weak hands and run it up to 500.
June 08, 2013, 01:03:19 AM
BBC One in UK has just had its first feature on bitcoin on its technology section.
Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.
Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.
It's so 2011!
June 08, 2013, 01:01:11 AM
June 08, 2013, 12:58:25 AM
BBC One in UK has just had its first feature on bitcoin on its technology section.
Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.
Seemed to be fairly impartial -mentioning many benefits of bitcoin but also silk road association.
June 08, 2013, 12:15:04 AM
We now have picture of shit dissolving in water, whats next? 
June 08, 2013, 12:00:59 AM
June 07, 2013, 11:56:20 PM
[/quote]
I have a feeling we'll be seeing this a lot this coming Sunday.
June 07, 2013, 11:49:48 PM
I wonder what will happen if that 105 wall gets pulled
I think it's a no brainer what will happen.
up Up UP!
Depending on the timeframe you might be right
June 07, 2013, 11:49:24 PM
I wonder what will happen if that 105 wall gets pulled
I think it's a no brainer what will happen.
up Up UP!
June 07, 2013, 11:48:01 PM
I wonder what will happen if that 105 wall gets pulled
I think it's a no brainer what will happen.
June 07, 2013, 11:37:36 PM
I wonder what will happen if that 105 wall gets pulled
June 07, 2013, 11:35:47 PM
Dat total lack of buying pressure.
I wonder how many of those walls will be pulled.
I wonder how many of those walls will be pulled.
June 07, 2013, 11:17:49 PM
Its a mixed reaction.. last week when the prices dropped i made a loss by exchanging on gox.. i think the best thing to do is balance between fiat and coins that way you can be safe on both sides.. i am new to trading so learnt many things the hard way.. 
June 07, 2013, 11:00:58 PM
June 07, 2013, 11:00:42 PM
i am niether a bull nor a bear but i seem to agree with both the bulls and bears...with the current volatility and whale dumpings i dont think mass adoption can be expected in the near future atleast.. all the hype surrounding bitcoin is slowly fading away and the Feds seem to be scaring the shit out of loose hands.. and all those wierd TA lines and charts.. i dont htink so thats any use cause they cannot take into account the whale dumpings which lead to more lines and shit.. so not so bullish imo.. on the other hand we have seen sustained leevels of stability over the past few days and also positive news has been coming around quite frequently wiith venture capitalists and ASIC developers.. not extremely bullish but yeah somehow bullish.. now i am niether a bull nor a bear but i seem to agree with bears here.. market does seem to be going downhill as for now.. but hell this is bitcoin.. who knows what will happen next..
June 07, 2013, 10:58:06 PM
In other news we're still in the 109.9999 area.
Weekend is on and Bulls and Bears are already wasted.
But , there is still hope , remember what happend last Sunday morning?
Weekend is on and Bulls and Bears are already wasted.
But , there is still hope , remember what happend last Sunday morning?
Soon...
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