Quote from: scarsbergholden on June 05, 2014, 07:04:30 PM

Quote from: zimmah on June 05, 2014, 06:58:55 PM

Quote from: RyNinDaCleM on June 05, 2014, 11:17:01 AM

Quote from: zimmah on June 05, 2014, 08:37:58 AM

Quote from: everbox on June 05, 2014, 08:22:47 AM

650 sell 30% of my bitcoin, waiting for 600..

Really? Good luck with that. I'm pretty sure it will not go below $640 anymore. And especially not below $630

We were below that just 30 hours ago, and we are at $646 right now! You're "pretty sure" that it won't drop 0.9%, EVER?

I'm pretty sure my charts are correct, when i say it won't drop below $640 even though the price at that time is $646, you can trust me i'm not making shit up.

I may be proven wrong from time to time, i'm no psychic, but I back up my claims with actual statistical data, and i trust them to be correct most of the time. Has it dropped below $640 yet since i made that statement?

I dare even predict that it will not reach sub-$645 anymore.

You keep talking about your charts. Why don't you ever post one? Why do you think bitcoin can't possibly drop 1-2% in price?

I have posted some in the past, not often, but still.

The reason i say that is because it would break the fib fan and it predicted the min/max price fairly accurately ever since i drew it weeks ago (one fan is older than the next). The likelihood of the fan being broken is pretty small (below 5% in my opinion) therefore it's save to say any values that would significantly go above the maximum value or below the minimum value would be statistically unlikely. And even when it's broken, it seems to recover within a few minutes anyway.

If the fan would be broken it would be most likely broken to the upside. But even that is unlikely to happen within the next couple of days in my opinion. Maybe in a week or two.