T.Stuart
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January 07, 2014, 03:47:22 PM

Anyone knows about that new china taobao crypto ban? Could it be the cause?

no.

guys... this is what happens when we go parabolic above a trendline after a bubble. the same thing happened in April-May.

i hope all of the newer traders who were confused as to why i was unsettled by this weekends rally, and the multiple warnings of "we'll pay for this later" understand now.
we will pay ?? to hell with that, it is great show, popcorn ready


+1  Grin

haha you're obviously not a merchant trying to actually use bitcoin as a currency, or anything like that Tongue

like i said, sometimes i believe the crap about speculators being good for a market, but then again this bullshit happens with frightening regularity...

Arepo can I ask in all seriousness... do you have a technical term for this kind of pattern?