planktonic revolution.

I have to say the chart doesn't look good and I have been worried since the low volume sideways movement. But the one part that is über strange to me is the volume on the down leg. It is on the low side.
I don't feel good selling into a movement down on low volume. Seems like a trap, not in a conspirational sort of a way, just the conditions I guess.

My life won't change should we have a mini crash and I'm trying to save some scraps to purchase more should we have what looks like a bottom.

So you're more like a Hyena running around after a free meal profit.

Sure, I guess according to the picture...you could say that.  I would simply consider it being a father and husband with financial needs.  But hey, put it in whatever box you like.

you'll feel lighter, in a good way.

I was on a radio show and got to talk about Bitcoins a few days ago.

Here is the link on the forum here: https://bt.irlbtc.com/view/229025.new#new

wow, those bid walls to 105 are impressive, do you think it could be this that's scaring the whales?


more and more coins to market, less and less fiat - less than 13 million now...

Story of niothor's life. He hasn't quite made it to my ignore list yet, but keeping up with the 'Everyone here thinks X, because I say so!' is one of the best ways to do that.

Back on topic: I lol when ChartBuddy just has a straight line down the center. Everyone scared to make a move, eh? Looks like it's time to get me some more fiat on the exchanges.

what happens when they cross on the all time chart?

do we get rich?

I'd advise against looking at the mtgox order book alone to draw (long-term) conclusions, such as "are we still correcting the bubble or not".

The order book is a) a prime tool for manipulation by big players, b) doesn't represent the entire fiat/coins in the hand of traders who are willing to trade, and finally c) mtgox is (relatively speaking) becoming less relevant. Yes, they're still the no.1 exchange, but a simple look at the volume numbers over at bitcoincharts will show you that their share has declined.

If you look at indicators that try to capture money flow based on trades, rather than on the order book, the picture looks different. Chaikin money flow, my favorite for this purpose, still points towards a positive flow, when looking at the previous months.

Short term though, I agree. Money is leaving the market. But the question is, is that a trend reversal, or only a short term phenomenon.