This is bad, we are touching the Long term trend line at Stamp at 572 and nobody is buying wtf???
Of course nobody is buying. There is a huuuge major event coming up that controls the whole market and could put us down by a massive amount.
I know about the silk road auction and I know that until the 27th we won't see huge spikes, I'm just saying that nobody seems to be defending the
VERY important long term trend line. A Big dump could take us way below that trend line, which would be TERRIBLE for BTC.
I like lines!
which line were you referring to exactly?
Yes that one pretty much
If you draw the trend line with the two points at red arrows you would have predicted
1: the $340 crash bottom
2: confirmation of the trend reversal with the huge pump "out of nowhere"
3: bounce from the last 680-540 crash
that trend line
What are your predictions for 2014?
I guessed that (haven't really looked into it). Mostly made the meme for like a funny what if scenario
Not funny
That double bottom though
By the way, if you did NOT catch this, mmitech is supposedly religiously opposed to earning interest on his money (nothing against religions), except for some reason he believes it is o.k. and not against his religion to invest in btc, ltc and seemingly in other cryptos, if they were to strike his peculiar fancy.
He appears to be correct according to the dogma of his religion. However, it should be noted that adherents tie logic in knots in order to allow loans to have an interest-like attachment without actually calling it interest. Humans do tend to rationalize.
Religion, not even once
*tip*
Reading about mmitech issue makes me wonder...
How do the Muslims deal with banks? Interest = 0%??
serious question.
By killing each other
This isn't manipulation; somebody knows that the coins are selling at a discount and is dumping now.
Lol, don't be so dumb.