probably one of the realest posts I've seen on here in at least 3 days.

As a trader, I'm a big believer in the usefulness of TA to identify short term trends and patterns in Bitcoin Price.  However, I am also a big believer that TA is pretty useless in identifying mid-long term trends in price.  The mid-long term price is influenced far too much by the fundamentals, namely news and whatever else is happening in the world involving bitcoin, to be able to make predictions like this.  You can have all the bearish pendants, heads and shoulders, and cups/handles that your heart desires and one little news article could send the price skyrocketing.   

The worst is when you wake up at 4 AM to your bitcoinwisdom alarm and end up making poor trading decisions because you are still 90% asleep. 

i would have held if i could edit my damn stop loss on magnr.  instead i sold automatically at 363.  I'm gonna go with there being support at 364.  just bought back in at 364.7. 

Mid-long term, yes.  Short term, there are plenty of patterns and indications to follow and make money off of if you watch closely and choose carefully.

Does anyone here ever actually talk about the price movement? 

I'm not sure what you're asking.  I'm looking to buy 3.1 BTC for 1580 USD, method of payment is direct deposit into your WF or KB checking account. 

Buying 3.1 BTC for 1580 USD by Wells Fargo or Key Bank direct deposit.

Looks like a crash
Sounds like a correction
Smells like an...

looks like everyone was pretty quick to snatch up those cheap $1100 Coins.

LOL - You've cat to be kitten me meow

bitcoins are rare and useful.  

I have sent him numerous messages regarding the transferring of ownership of my Avalon chips that I purchased in the first group buy.  He needs to confirm with my buyer that I still indeed am the owner of said chips before I can sell them.  I have noticed that he has been online a few times in the 6 days since first messaging him, but still no reply.  I'm in a bit of a financial situation right now and really need him to respond, and this is kind of worrying me :/  I realize that all of us have other things going on in our lives, but as the handler of our chips, i feel like it should be his responsibility to deal with these type of things...  So Ragingazn, if you are out there, please answer my messages! 

Thanks,
John

These chips will be coming from group buy #1.  I bought them with the intention of being able to mine sometime in August, but due to some unfortunate circumstances , I can no longer afford to have 50BTC tied up at the moment.  So I am selling all of the 592 chips that I paid for.  The order number is #10129

Send Payment to:

1JjwmsMoEXU5Hb1nftHAx5yp9L7qwaYFji

Confirm payment by posting your transaction(Noitev).
 
Cheers,
John/Rallye

These chips will be coming from group buy #1.  I bought them with the intention of being able to mine sometime in August, but due to some unfortunate circumstances , I can no longer afford to have 50BTC tied up right now.  So I am selling all of the 592 chips that I purchased.  The order number is #10129

If you would like to buy some chips, state the amount you are buying in a reply to this thread, and pm me with your shipping info.  I will then forward it to ragingazn628.  

When it comes time to ship in 8-9 weeks, I will pay the shipping fees on all chips purchased.  If you would like expedited shipping you will have to pay for it yourself.  

The rate that I am charging is .085BTC per chip, which works out to 50.32BTC total for all of them.  I payed 47.3BTC for the chips, the extra 3BTC is to cover shipping, which may very well end up being much more than that.  

Send payments to:

1JjwmsMoEXU5Hb1nftHAx5yp9L7qwaYFji

Don't forget to post your transaction here.  

Cheers,
John/Rallye

It was today about the bitcoin ATMs

It was a short segment on Bitcoin, probably about 30 seconds.  It all sounded nice and rosy until the very end when the bitch said: "...however, critics of Bitcoin point out that it is susceptible to hacking."  I'm heated.

For what you are saying to be true, the demand would have to increase as well, since the coins that miners will be holding are new coins.  If the coins that are being mined were somehow taken away from other people to be given to the miners, then this would be true.

But what if Litecoin got to a point at which it was threatening Bitcoin, and someone decided that by performing a 51% attack on litecoin, crashing the price, their bitcoins could be worth much more money.

My guess is that we will actually(for once) see a real cryptocurrency bubble as people flock to buy Litecoins for "cheap," as they missed out on buying cheap bitcoins.  Then once the price has risen substantially, it will crash, and people will again turn to bitcoin and wonder why they bought litecoin in the first place.  Maybe...