Quote from: jabbajabbaつ◕_◕つ on June 14, 2015, 01:47:53 AM
Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.

Haha good one

Exactly what i predicted.

One drunk passed out fat guy.
After that a bird house.
And than a wizard riding an elephant.

Well, I just went ahead and bought more instead of waiting for lower prices.  I'd rather not miss out.  If it goes down I think its heading up afterwards anyway.

The reason I use CNY is because the highest volume trade of BTS by far is in CNY, at btc38.

Quote from: Permie on June 13, 2015, 10:05:54 PM
CNY not btc

Thank you, Permie! Got it. Thanks for the clarification.

So, just so I'm certain I'm clear on this, bitmeat was conversing & pricing BTS in BTC, while ander was conversing in CNY...? (Got it.)

Lordy, - gotta remind myself, we're swimming around in an international ecosystem! Very cool!

Thnx again, my friend, for the clarification.

CNY not btc

Quote from: Ander on June 13, 2015, 07:07:40 AM

Quote from: bitmeat on June 13, 2015, 07:03:17 AM
My analysis says it will go down to 0.000020 - 0.000025 first. But you never know.

As far as cup/handle goes - there have been plenty of failed cup/handles on the way down.

I'm looking to buy hard if we have another drop to around .036.

Anyway, its not a completed cup and handle until we break .0527.

I'm really enjoying (and benefiting from) this discussion, so please excuse my question which probably has an 'obvious' answer that I'm just not picking up on, but, are all the above bts prices being noted in BTC?

The reason I ask is that right now, bts is sitting at about .00002951BTC/BTS (or $0.006301), so, bitmeat's comments noting BTS price range of .000020 - .000025, makes sense to me, we're talking BTS' "BTC price", but Ander's noted he's "looking for a drop to around .036"...?

I'm missing something. .036 is orders of magnitude greater than the current BTS price of .00002951BTC, so I'm a little confused.... How do we 'drop' from .00002951 'to' a .036...? Is that .036 price in BTCs? (What am I missing/not getting?)

Thanks for the clarification, and sorry if this has an obvious answer that I'm just not picking up on. (It's ok, you can blame it on my 'newbie' status.)

Thanks for the great discussion, and the clarification to my question, guys! I really appreciate it.

Peace.

-Merc

Quote from: merockstar on June 13, 2015, 12:32:13 AM
https://bitsharestalk.org/index.php/topic,16902.msg216149.html#msg216149

I'm battling a panic attack for the first time since I discovered this project.

If I feel this way, weaker hands are surely going to dump if the above post doesn't get clarified further.

Yeah, good FUD job by Newmine there.  He got a reaction out of bytemaster. 


Whats going to happen is that we all are going to vote to fund the devs proposals, and the devs are going to do the proposals, and the price will rise more this summer as the good news keeps rolling, and then everyone will stop being unhappy. :)    Devs get paid and BTS goes up.

Quote from: bitmeat on June 13, 2015, 07:03:17 AM
My analysis says it will go down to 0.000020 - 0.000025 first. But you never know.

As far as cup/handle goes - there have been plenty of failed cup/handles on the way down.

Well, wave 2, which we are in, can sometimes retrace most of wave 1, so its possible.  I am not betting on it though.  I'm looking to buy hard if we have another drop to around .036.

I dont think there were any cup and handles on the daily charts at least.  Maybe short time frames?

Anyway, its not a completed cup and handle until we break .0527.  Unitl then its just a potential and isnt predicting anything.  Its only a fantasy right now. :P
The ewave is definitely predicting a huge wave up afte the current correction ends, but not clear how long or deep that correction will be.

My analysis says it will go down to 0.000020 - 0.000025 first. But you never know.

As far as cup/handle goes - there have been plenty of failed cup/handles on the way down.

Elliot wave for our new bullmarket:

This is what I see:



Handle isnt completed yet.  Pattern will be valid if we break to a new high.

Its a similar pattern to an inverse H&S, basically missing the left shoulder.\

The handle can drag o na bit longer and go a bit lower before breaking up, and thats fine.  (But it should happen somewhat soon).

Quote from: Ander on June 12, 2015, 04:59:55 PM

If you look at the chart for the past several months, it looks like a huge cup and handle.  The big decline and rally is the cup, and the recent smaller decline to .036 and rally is the handle. 

I love technical analysis... mainly because you can see what you want to see...

You do not see the clear head and shoulders in the 6h and 12h BTS graph Ander?

https://bitsharestalk.org/index.php/topic,16902.msg216149.html#msg216149

I'm battling a panic attack for the first time since I discovered this project.

If I feel this way, weaker hands are surely going to dump if the above post doesn't get clarified further.

Thanks for analysis Ander.. I expected the price to rise considerably more than this after the announcement.. but now I can see it is just going to take a bit longer.