Bitcoin Forum

It seems the down trend is over and that we are seeing a nice rebound. More details on heartbit.io/app (http://heartbit.io/app)

http://i60.tinypic.com/4hv0h4.png
http://i60.tinypic.com/33jkemg.png

Looks like China is leading the rally if I am reading the chart right.

I thought Chinese exchange can no longer accept deposit from the general public?

I think this is old news or maybe I missed something ?

The ups and downs seemed to be consistent this week, hopefully its rising now.

This ride is definitely not for the faint hearted.  ;)

I couldn't agree more  

do NOT forget the dead cat bounce at just 4 days ago! $520 - $470 again!

http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=5&i=&c=1&s=2014-08-17&e=2014-08-18&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

interesting way of promoting yor web
it looks cool
about the rebound it looks that china is pulling up hard
let's see what happens in the next hours/days
what we don't want is to break the support line

Yes the green is back and the bullish trend have started, let the party begin.

The strength of recovery is impressive. But I think it's too early to diagnose a new uptrend. I think we will see another 2-3 boring months with stabilization in the 500-600 range. Price will only see a big impulse upwards if huge amounts of capital flow in. I think this will happen when Wallstreet is able to use an ETF vehicle to invest. So listing of the Winklevii ETF could mark the start of a new uptrend.

ya.ya.yo!

I am seeing raging negative divergence wherever I look, but hey ho...each to their own brand of fairy stories I suppose.

It wouldn't surprise me if Bitcoin crept back up to just under the $545 point. This has been such a crucial pricepoint for Bitcoin so many times in the past.

Looking at the 3months chart we can see that as a down trend being broken, what do you think ?

http://i57.tinypic.com/15ed2zk.png

I HOPE that this 'correction' is not over yet. I'm really hoping that we get back to the 460's again--of course, I am looking to BUY there. I honestly expected the price to range between 450-500 at least through this weekend. We'll see.

BJ

bitcoin never die
buy now or regert forever
last chanse  :)

No doubt the up trend have started.

I'am new at those stuff .. is there is any chance that the price will rise up again or I can just forget it ? :o

Hold them coins and be patient.  You will do well.  Falling says the price will go down every day. Sometimes he is bound to be right
Check this out  ;)
https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=1 (https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c#gid=1)

Well it could rise up again or fall dramatically so the best advice I can give you is maybe : do not invest more than you can lose :)

I never invested anything , I started with BitCoin when Stellar's Cryptoo Currency came out & I made some cash , that's like two weeks or something  :P even if I registered here since a long time
but now I start selling my Steam games for BTC but always exchanging them to PayPal  :-\ but I'am thinking on keeping them this time to see if it will rise or not  :'(

It's still too early to say that the downtrend has been broken, let's see if the value stabilize around 520-550 in the next days.

That's what I thought too, but the Chinese exchanges seem to have most of the total trading volume. How can the Chinese general public deposit there?

Seems that the rise was ended at $512, now there are some chances of a little drop in price.

You are wrong Chinese exchange can take deposit from customers at any time, just not as fast before.

not sure yet!

Why not as fast before? What's slowing the deposits down?

bitcoin is going to nowhere but down, dead cat bounces won't save the price

old stuff first:
51% pool fear (easy came easy gone easy return so it can't be fixed and never be fixed)
crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k), yes, they are still slowly cashing out and will continue for a long long time
no new money, everyone is selling / spending
governments warning and banning
scam IPOs many including Ethereum and others
Dell / Expedia / Newegg / House dealer / etc are selling in real time
etc..

some latest news:
BitLicense comment period an additional 45 days, bitcoin will be seriously limited and people will lose interest and leave bitcoin, you will see more shits like this coming out later, please call it "a hidden US ban on bitcoin"
China central bank has a new ban coming soon, under the name of "anti money laundering" because ALL chinese exchangers are using "illegal coupons through 3rd party" to deposit/withdraw, they can't do it legally because ALL chinese banks REFUSED to work with them months ago, it's like central bank saying to exchangers: "You have been warned not engage in any bitcoin business since long time ago but you carried on regardless, so don't blame me if i kick your ass hard time by time"

Can you post a link to an article explaining the current system of Chinese exchanges using coupons through 3rd party to deposit/withdraw? I thought the government had stopped them using coupons.

lol no he can't cuz he just made it up. kinda like how he made up this

and this


'please call it a hidden us ban' no how about we don't call it that because thats not at all in the slightest what it is you moron. it doesn't even apply to anyone outside new york. and its not a ban at all.

god you're so dumb falling.

i only know that they are still using coupons + bank account on demand stealthy (you have to be an user and "don't act like an fsa agent" when you ask for their hidden deposit bank account information in order to deposit)
these actions haven't been totally stopped by the China government or central bank but will soon happen according to my inside source

you do not have an inside source.  ::)

It's all uptrend if you step away enough footsteps  8)

When the next time price goes up you shall understand why you never sell BTC.

You guys need to stop mentally masturbating about price changes so much seriously, its not even good for mental health. Just hold and go to beach.

The price is going to continue to trade in this 500-650 band for the foreseeable future
Nothing to get excited about imho

This volatility is what drives new people to bitcoins, in the hope of becoming rich very quickly.  :)

Irony is only traders are making money on huge price swing and majority of us are sitting duck.

Some hedgefunds are just gonna wait until bitcoin become $1,000 again then they realize they should have bought sooner and they still will do so for double the price. Those kind of people may push bitcoin to new highs, I'm guesing over $2,500 in 2015.

Hedge funds are usually smart. If they are waiting, you should be waiting too.  ;)

Price rebound.. was bound to happen.

When the value will be in the 900-1100 range will trigger also alot of trading bots which will buy back at loss :)

Down below 500 again.

Failing might be right this is a dead cat bouncing.

And now we are at 490$, if the value won't recover soon, prepare to reach sub 400 prices.

the value will recover soon its already in recovering mode

I wonder if the speculation of another december bubble will actually cause a december bubble.. Hmmm  ::)

Im pretty certain we'll see 800 territory again in xmas eve.

I'm sure of it aswel. People will be buying in the hopes of another bubble like last year.  :)

If everyone is expecting it, it won't happen.

is still a joke for now, but i support this, 800 for this year seems about right

Strong resistance at 490.

A few days of tight range at this level will help next rally.