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Topic: Yet another analyst :) - page 105. (Read 269580 times)

donator
Activity: 2772
Merit: 1019
February 14, 2013, 01:09:26 PM
mysterious way? Some would argue there is no mystery: supply halves -> price doubles.

I don't subscribe to that idea. I'm still very bullish, 26 is not intermediate top, maybe little break here, which is good.
You probably saw 200k btc single ask supply few days ago. If you think we have limited supply at this time, you probably wrong. There are a lot of dead btc sitting in cold storages and not working.

give coins to masses is the plan, man!
sr. member
Activity: 252
Merit: 250
February 14, 2013, 09:58:27 AM
mysterious way? Some would argue there is no mystery: supply halves -> price doubles.

I don't subscribe to that idea. I'm still very bullish, 26 is not intermediate top, maybe little break here, which is good.
You probably saw 200k btc single ask supply few days ago. If you think we have limited supply at this time, you probably wrong. There are a lot of dead btc sitting in cold storages and not working.

Yeah, the "walls" are not a good tool at all. I can only use it to see where a market order would stop.
I do nothing atm. Half fiat half BTC.

There's a whole lot.  Notice that as tens of thousands of bitcoins were getting sold, total number of BTCs on the sell side of the order book didn't change much at all.  Those BTCs weren't from the standing sell orders, they were from the people keeping their BTCs off the book, and there's a lot more where that came from.
sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 09:19:09 AM
mysterious way? Some would argue there is no mystery: supply halves -> price doubles.

I don't subscribe to that idea. I'm still very bullish, 26 is not intermediate top, maybe little break here, which is good.
You probably saw 200k btc single ask supply few days ago. If you think we have limited supply at this time, you probably wrong. There are a lot of dead btc sitting in cold storages and not working.
donator
Activity: 2772
Merit: 1019
February 14, 2013, 09:08:02 AM
And what was the $13th? It was reward halving.

So market in some misterious way adjusted price according to reward halving (13 x 2 = 26).

mysterious way? Some would argue there is no mystery: supply halves -> price doubles.

I don't subscribe to that idea. I'm still very bullish, 26 is not intermediate top, maybe little break here, which is good.
sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 08:51:14 AM
And what was the $13th? It was reward halving.

So market in some misterious way adjusted price according to reward halving (13 x 2 = 26).

According to this idea and daily and weekly oscillators, I make a conclusion: We are likely going down to retest all broken resistances. I think it may go down to 15.
sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 08:24:18 AM
Hmm. I figured out why 26 is so mystical here.

We are doubled from 13 in almost single impulse without any kind of daily correction. So it may be treated as psyhological level.
sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 05:12:01 AM
This drop is a really something unusual as I see in charts, as many indicators went out of logical interpretations.

I interpret it as "start of SOMETHING".

The sutuation is to be continued. I dont guess in which way. But I leave call a top of 26 still possible.

Heavily overbought daily and weekly oscillators support bear side.
US stocks rallying support bull side, as primary wave force sources I see from there.
sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 02:10:55 AM
bravo. this one's good. when did you draw that line?
Ah, this was in russian thread. Wave c of 4 of 3 was a bit lower than expected  Grin

Бopeтcя цeнa c coпpoтивлeниeм пo ocнoвнoмy кpaткocpoчнoмy тpeндy. Ecли пpoбьeт, тo пo идee пoйдeт pacшиpeниe вoлны 5 вплoть дo 32 o_O




sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 02:09:22 AM
The question is - will it now break upper blue trend line or not. This will define futher direction.
sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 02:07:29 AM
Current channel (Captain obvious)


sr. member
Activity: 448
Merit: 250
this statement is false
February 14, 2013, 02:05:04 AM
And of course, bottom trend line posted somewhere above



bravo. this one's good. when did you draw that line?
sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 01:58:31 AM
And of course, bottom trend line posted somewhere above

sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 01:56:38 AM
And also daily envelope

sr. member
Activity: 462
Merit: 250
Clown prophet
February 14, 2013, 01:52:32 AM
Touched and bounced up from upper weekly bollinger

sr. member
Activity: 462
Merit: 250
Clown prophet
February 13, 2013, 10:14:02 AM
Are you dump? Smiley I post some variants I see.

Btw, looks the last variant going to expand.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 13, 2013, 10:03:54 AM




Oh wow that has not only been been absolutely useless but also 180deg reversed.
Looking back at this thread that seems to be even consistent, it seems you are intentionally misleading people.
sr. member
Activity: 462
Merit: 250
Clown prophet
February 13, 2013, 07:15:24 AM
Another view. Fighting with resistance. Breaking up from here may mean another wave 5 extension (up to 32).





sr. member
Activity: 462
Merit: 250
Clown prophet
February 13, 2013, 05:19:36 AM
Went too far away from weekly sma



sr. member
Activity: 462
Merit: 250
Clown prophet
February 13, 2013, 05:19:08 AM
Its strange to have weak volume in a 3, yeah?
Alternative counts are always present.
legendary
Activity: 1764
Merit: 1002
February 12, 2013, 10:57:32 PM
that picture brings back memories of the Cold War.  i remember the nation being actually scared.

i mean, the Ruskies had the biggest nuclear bombs, the biggest army, the biggest tanks.  they put the first man into space, they built the first space station.  they were deemed to be one bunch of smart mofo's that were gonna blow us to smithereens.

and then they ran into the buzzsaw of irrational Western finance.  while the Soviet Union was building up this huge empire and hunkering down in their bunkers ready to push their launch buttons, we were having one big party.  i mean hell, we inflated housing bubble #1, then stock bubble #1 (Nasdaq), then housing bubble #2, then stock bubble #2. THIS is what, in fact, caused the Soviet Union to implode.  the insanity of Western Finance.  the irrationality of inflate at all costs. the poor suckers ended up going broke.

the Soviets were typified by this guy named Boris Spassky.  man, that dude could play traditional chess.  he had massive brainpower, knew all the openings, endings, and mid game strategies.  he was deemed unbeatable.

and then along came this American buzzsaw named Bobby Fischer.  Fischer was cocky, brash, smart as hell, and most importantly, unpredictable.  he seemed even somewhat insane.  you never knew what the hell he was gonna do in terms of his next move.  they met in the Grand Master's World Chess Championship also dubbed the Match of the Century.  it was riveting and the anticipation was never so high.  being a chess player myself i remember tuning in intently as a kid.  the match typified the West vs the East, communism vs democracy, good vs evil, etc.  while Boris could think 12 moves ahead, Fischer could think 24.

the tl;dr version is that Fischer just kicked Spassky's ass and wiped the stage with it using some of the most unusual, somewhat insane moves anyone had ever seen.  what a metaphor.

so the moral of the story lucif is this; get an imagination.  realize you've run into a buzzsaw called Bitcoin.  while you're no doubt hunkered down in your apartment shorting Bitcoin, it keeps going up.  understanding the insanity of the world when it comes to finance never hurts.  Wink



Great post.

thanks.  you're putting up some good ones yourself.
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