Topic: You guys, are (still) all fucked (soon)! - page 3. (Read 5789 times)
With that shelf being built we have a bit higher to climb. I don't think we will go sideways, too many weekenders. We shall see though! Weekends are 50/50 crash or sideways (vise versa).
legendary
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oh you meant parabolic and then crash.
i dont think that's gonna happen either... i think it will go sideways as i said.
i dont think that's gonna happen either... i think it will go sideways as i said.
legendary
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Core dev leaves me neg feedback #abuse #political
Lulz. You are in the euphoric stage, Jonald. Good luck with those longs. 
euphoric? Youre the one who said its going to go full parabolic.
Lulz. You are in the euphoric stage, Jonald. Good luck with those longs.
legendary
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One more good push before it goes full parabolic.
I doubt that's going to happen. Much more likely is it will channel up for a bit.
One more good push before it goes full parabolic.
Some thought this was a head and shoulders pattern but it actually turned out to be the less well known but perfectly valid "Zeus thunder cock" pattern, an upward sloping lightening shaped shaft that rounds out toward the top of the head and finding support at the urethra. Upward trend will increase until next tuesday so long as a bigfoot's nut doesn't develop and eat away any gains.
Who's the bitch now!!!!! 
we still fucked?
We will always be fucked. we still fucked?
The next 24 hours will be critical!
If BTC can get above $370, than that would actually be a signal to go hunting longs............but even if another drive higher comes, then after that, you guys will still all be fucked.
we still fucked?
I was expecting the bid sum to go down, in preparation of the classic weekend dumps.
But this is not the case on Huobi and BTCChina, in fact during the last couple of hours it grew significantly.
So in case of a bullish TA development it could provide the needed fuel.
But this is not the case on Huobi and BTCChina, in fact during the last couple of hours it grew significantly.
So in case of a bullish TA development it could provide the needed fuel.
Even if the price goes down i will never sell my coins.
We don't know the fluctuate of the price or what happen next but for me i still holding it until the price reach $500.
This december if the price not reach $500 this following year should be jump to $500.
Just trust and be patience..
We don't know the fluctuate of the price or what happen next but for me i still holding it until the price reach $500.
This december if the price not reach $500 this following year should be jump to $500.
Just trust and be patience..
I dunno man, I think technical analysis of this sort is bullshit. Sure trends and supports and channels and shit is common sense and real but like "oh look its tracing out the mother marys left tit that means it'll drop 20% by the end of the week" is just cloud watching bs.
Yes, TA is essentially a psuedoscience, but what makes it sorta real is that it's a self-fulfilling pseudoscience.
Mother Mary's left tit itself doesn't cause the price to drop, but if everyone thinks that's what it means, then they will sell... and thus the price does indeed fall. See how it works? The lemmings are all predicting what the other lemmings are gonna do, so it's the ones that know how the other lemmings think that can break in the correct direction first and win.
So if you're a good trader, you don't use TA because you believe it, you use it because someone else does.
Anyway, about the main topic, yes that does look like a classic head and shoulders at the moment. Like all pseudoscience, TA doesn't always hold, but if it does in this case, the price probably will drop a little bit, likely in the low 300s. I don't even see why that's a bad thing.
So are we all FUCKED? No. OP resorted to attention-grabbing and fearmongering rather than using a reasonable, accurate title such as "I see a bearish head and shoulders pattern forming". I don't blame him; that sounds like a boring thread that not many people would've clicked on.
You are partially right.
Much of trading (especially shorter time frame) is trading against other traders rather than speculating on the true value of the underlying asset.
However, I wouldn't call it pseudosciene. More like "art and science". And there are also real reasons why TA works to identify what traders are doing and are likely to do
,not simply what they believe. People are entering and exiting positions in the market for a million different reasons.
This is about as right as gets. When theres no fundamental beliefs, traders gon' trade TA. Then when a wave of fundamentalism hits, TA gonna get washed away.
Trustorybro.
I'm still doubting about the direction this is going to go. Sure may look like a head and shoulders forming, but the shoulder may also start pointing upwards, completely wiping the formation.
Seems like 350 is definately strong for now, I'm leaning towards it staying above there for now.
Seems like 350 is definately strong for now, I'm leaning towards it staying above there for now.
I've been saying to get your money out of this thing for ages now. Development has pretty much stopped, with that any chance for success went down the drain. This is it, don't lose it all guys. This thing is coming down hard.
you r an absolute tit, nobody believes this shit anymore, away and do one.......
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I dunno man, I think technical analysis of this sort is bullshit. Sure trends and supports and channels and shit is common sense and real but like "oh look its tracing out the mother marys left tit that means it'll drop 20% by the end of the week" is just cloud watching bs.
Yes, TA is essentially a psuedoscience, but what makes it sorta real is that it's a self-fulfilling pseudoscience.
Mother Mary's left tit itself doesn't cause the price to drop, but if everyone thinks that's what it means, then they will sell... and thus the price does indeed fall. See how it works? The lemmings are all predicting what the other lemmings are gonna do, so it's the ones that know how the other lemmings think that can break in the correct direction first and win.
So if you're a good trader, you don't use TA because you believe it, you use it because someone else does.
Anyway, about the main topic, yes that does look like a classic head and shoulders at the moment. Like all pseudoscience, TA doesn't always hold, but if it does in this case, the price probably will drop a little bit, likely in the low 300s. I don't even see why that's a bad thing.
So are we all FUCKED? No. OP resorted to attention-grabbing and fearmongering rather than using a reasonable, accurate title such as "I see a bearish head and shoulders pattern forming". I don't blame him; that sounds like a boring thread that not many people would've clicked on.
You are partially right.
Much of trading (especially shorter time frame) is trading against other traders rather than speculating on the true value of the underlying asset.
However, I wouldn't call it pseudosciene. More like "art and science". And there are also real reasons why TA works to identify what traders are doing and are likely to do
,not simply what they believe. People are entering and exiting positions in the market for a million different reasons.
Well the bitcoin price seems to be stable still
I will take my chances as well with bitcoin
I will take my chances as well with bitcoin
I've been saying to get your money out of this thing for ages now. Development has pretty much stopped, with that any chance for success went down the drain. This is it, don't lose it all guys. This thing is coming down hard.
Well, have you sold all your bitcoins yet?
I can't agree with you, doesn't matter how low bitcoin gets, I still believe that this is the future
I believe it will bounce back up
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