MarvinMartian

MarvinMartian

MIT Computer scientists say look for the pennants. Now, you can disagree with the MIT scientists and their 89% return if you like but that is saying that you are smarter than a couple of MIT scientists put together.

MarvinMartian

The accumulation is actually up, which hopefully means people are buying at this level, establishing a new support. I'm not jazzed about a $330-350 support level, but it's better than not knowing where the floor is at. Still, my miners are shut down, until it's cool enough to use them for heating, or BTC goes above $400 again.

MarvinMartian

I'm out. We pierced the only support that mattered. Watch out for sharks... the whales have left the building. And once again, they say, thank you for your buy support as they sold off their bags of holding. Here that noise? It's the sound of an overinflated, no-intrinsic-value ponzi, deflating. It's even dropping as I'm writing this...

MarvinMartian

I just read that eBay is spinning off Paypal. One of my friends quickly sold off part of his stock... I told him, wait and see for the rest. What are your thoughts? It looks like an insider knew about this on the 10th. A bit too early to claim BABA sell off. SEC? What's YOUR opinion?

MarvinMartian

Based on the literal description of Ponzi scheme... you can basically say that any IPO is a ponzi. The first in, get the biggest profits because they sell to the last in, that are the bagholders. Those millionaires and billionaires sure do thank you, the commoners, from the bottom of their greedy black hearts! 'Murica

MarvinMartian

It's disgusting really... I hate how rich people look down their nose at the "poors". Why don't you just do what we do... dump millions into an IPO and sell off to the late-coming suckers. Oh you don't have millions? Why don't you work harder? Get another job? hemlockandashes.files.wordpress.com

MarvinMartian

Just putting it out there... there was an obvious accumulation... large sell off, consolidation... Now what? Rinse and repeat? Or a whale exit?

MarvinMartian

I'm into Forex and crypto... haven't really TA stock much... "Am I doing this right"? lol All the lin regs show UP, UP, UP... but Stoch RSI shows, whoa, hold up buddy, stop buying! And the oscillator is showing a reconnect and dive soon. Maybe?

MarvinMartian

This is SPECIFICALLY what I mean, when I say, you cannot predict bot action. www.cryptocoinsnews.com How much did you lose on this? Or were you prepared for the take? There are SOOOOOO many bots out there. quatloos.org bitcointalk.org www.coindesk.com AND, soooo many more idiots that don't know how to use them. Please don't go long on a fully manipulated...

MarvinMartian

I just noticed these angles lessening on the detrended price oscillator, right near some crossovers and Stoic RSI being overbought with the second bactrian hump coming into play. $465s again?

MarvinMartian

Testing former support lines in T-minus 19 hours and counting.

MarvinMartian

I'd sell if I was long under this price. But I'm not. So take that with a grain of salt.

MarvinMartian

I really don't have much to say ... But I am happy that my remaining sells all triggered at $605 while I was being evilly trolled by the $1000 bulls. And except for a few morsels left that I trade altcoins with, I'm 100% out, til the bottom, then maybe I'll come back out and play.

MarvinMartian

I can't say I'm bullish on BTC... and I did fortunately liquidate my mining slush pool at $595, but I didn't necessarily anticipate this current price, at this time. BIG news is the only thing that's going to save BTC, right now. That said, I still have 0.2BTC left that came in from my miners last night. Anyone bulls want to buy it for $120? Because, you...

MarvinMartian

I keep seeing people use the log scale on prices... and then read them wrong! You switched to log, but then you're leaving your thinking in linear. Log scale for BTC is even worse than proportional/linear. But still shows trending toward mid to low 400's as the { dust settles, air is let out, steam is let off, people stop caring because it's not in the news...

MarvinMartian

With 62% of the total coins, already produced... an estimated 10-20% are 'burned' (missing thru lost wallets) and another 30% of those remaining, being held by long-term whales... Why would you consider this an investment option? * Unknown number of coins, burned... where does inflation or deflation begin, if we don't know the amount of "currency" * Many, many...

MarvinMartian

to my perspective chart. First, for fun, look at the big sell spike in Oct 2013. Damn that had to have hurt by the end of the year. Even if they caught it at $900, that would have been $21MM instead of $3MM. I'm sure they were :(( You have to ask yourself, why is there persistent sell volume? Algo Trading Bots. This is how the colors are determined: - If...

MarvinMartian

An interesting read... for keeping things in perspective. 30% of Bitcoins are dormant. That's a HUGE destabilizing factor. Putting faith in whales not dumping because they lost interest is a strong investment strategy? I guarantee a lot more will be dumped if we ever move past the $700 realm. Excerpts from the article www.cryptocoinsnews.com : "Transaction...