TERA
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January 25, 2014, 02:19:13 PM

OMG, it's Saturday and nobody's panicked yet- time to throw around some FUD!  
Yeah, Gox sucks, but we've known that for a while and it's priced in. What's gonna happen if this correction doesn't come? All you bastards sitting in fiat are gonna scramble for the same coins. First one to break loses the least. Who's it gonna be?
If all the MACDs go up then I buy - simple. There's a very limited potential impact. Certainly not a "loss", since I've sold at $1000 and rebought at $450-$650 and then sold again at $1000 multiple times now.

What do you mean by *all* macd's?
Not all MACDs sorry. Let me restate this: At this point if 1D and 4H went up on Huobi I would probably give up and by back without waiting for a drop. Now if there IS a drop then I won't use 1D but instead I will use 4H or even 1H depending on the severity of the drop.

lol Those other moving averages don't mean nothin, right?
When I'm trading altcoins or daytrading bitcoin crashes like Dec 17 then the 15min and 5min are important. But when bitcoin has barely moved for 2 weeks, then they aren't. Less volatility = longer timeframes.