Quote from: molecular on December 25, 2013, 09:10:13 PM

Quote from: MAbtc on December 25, 2013, 07:52:49 PM

Quote from: molecular on December 25, 2013, 09:59:28 AM

Quote from: Wekkel on December 25, 2013, 08:01:09 AM

Quote from: invisiblehand on December 23, 2013, 11:40:50 PM

Quote from: Wekkel on December 23, 2013, 11:35:45 PM

Quote from: invisiblehand on December 23, 2013, 11:19:40 PM

I understand bitcoin and I'm looking to get as many coins as I can with a given amount of fiat

Then put in orders @ $350 and wait what happens.

was looking for something more technical rather than glib

I was thinking about this.

At this moment a sell off enough to take some risk but uncertain whether we will get there soon (if ever). A main rule of trading is 'when in doubt, don't do anything'.

A lot of people here expect what you charted. Therefore it might not happen. Market tends to move in the direction of most pain.

A lot of people here expect > $1k and ATHs next month, and that the rocket will take off by the new year. So it's difficult to use this as an indicator of sentiment.

Many people were very sure that $576 was the bottom as well.

Yeah, that's true. We can't draw any reliable conclusion from that. Phoenix1 is right, though: we'll find out.

Looks like "most pain" was to be inflicted in upward direction.