Bitcoin Forum

There are a couple thousand BTC for sale, right at spot!Where are all the buyers? You bulls are weak

Don't worry. I've been told that Wall Street funds and institutional investors are scrambling over one another to wire millions to Bitstamp and Bitfinex to buy them. ;D

Bulls buy cheap coins from the weak hand. As soon as the weak hands are out of the coin, coin price will rally.

When you notice that walls are being used to set floors and ceilings you stop playing their game.
1. Set ceilings by placing sell walls...Nick nervous sells and drops the price... buy lower.
2. Set floor by putting up buy walls and Gus greedy buys...sell high.

Keep repeating this and the clueless wont know what's hitting them.

Hint: look at volume on certain exchanges and notice most dumps occur between 3am and 4am US
central time...most people are asleep at this time to notice. For the past few days some actor(s)
is buying around 6-8 hundred BTC's and then dumping them around mentioned time.

Some smart traders have already figured this out...therefore no huge buys.

orders can be created and removed at any time. Remember that when you get impressed by walls.

Also it is a slow day on slow volume, so not enough momentum to break walls. Maybe tomorrow will be different, because we need some preparation before the weekend dump.

I know how this shit works... I'm not interested in the wall. I've seen walls of 10-50k, so don't tell me about the walls and how impressive they are. The wall isn't the point of this thread. I was asking the question to those who say these are "cheap coinz" and that they'll "buy all they can" and yet, no one buys. All this money and adoption but no one buys. You need the cash/coins to place the order so it is fair game, and no one buys. Little or no slippage by having a large order right at spot? Still, no one buys...

Walls... psshh!
Mid week and you guys can't muster enough strength to buy up 1 or 2k coins? Weak

You're weak.

The wall is holding, its not getting pulled.

the wall is moving down every 6hours or so, and you will have an irresistible urge to sell when it does so again.

Bitcoin is in a downward trend, so this is to be expected.

Downward until you can rebuy where you sold, you mean?

bitcoin is going to nowhere but down, bulls know about this too that's why they don't buy but fool people to buy instead

https://www.youtube.com/watch?v=KQaZWL8uxtQ

TrollinME

Paashaas fonsie dropt maker88 = fooling scammers

some of them lost $$$ on the recently dead cat bounces, some are still trying to fool people to buy in downtrend, watch out

Wat... I have zero.. negative actually temptation to sell when BTC price tanks... I have a temptation to buy...

the buyers are done and the sellers too, they bought back , now the price is stabilized

Everything will stay stable for a while.

lol  ;D

I only sell when it's high and buy when it's low.
I'm buying when we're below 500, in a couple of days or so.

$4xx incoming!

Now that's the spirit falllling!

Buying in at $400.

It was fun watching those walls get bought. Annnnnd here we are now, $5-10 below the wall prices, and bids could look healthier. Things are not looking all that good here.

2014, the year of bitcoin!  ::)

As seen before a lot can happen in only 30 days.... so you never know maybe 2014 will drive the price to $10k or $10 (lets hope the first  ;)).

May be the person who bought the btc from fbi auction is selling some and this is why the price is dropping  ???

Draper was very clear about what he bought the bitcoins for. Definitely not to turn it around in the market.

you never know, he has to cut losses at some points

There's no reason for this drop, I didn't see any bad news recently...

$482 and continue to drop!

There has been no fundamental reason for any recent weakness. It is either manipulation of exchange prices by selling (whilst simultaneously buying OTC) or simply a lack of buyer side demand in the face of continued miner sales.

I expect the price to meander up and down until people on here expect nothing, then once bitcoins have been wrestled from weak hands into strong, the price can rise up again. That could happen next month, or it could be a long wait until the next block halving, or never!

My only concern is that of a rogue player (say a central or private bank) deliberately trashing the technicals of the bitcoin price on exchange to try and stop user adoption breaking out. That is, stop the next bull run which would draw in new blood, attracted by the price rises..

Bulls are weak these days! Yeah, definitely. I guess we really do need a real trend reversal first, in order to start a sustainable and definite train back to the sky. It is merely bottom fishing that's currently going on here!

This fall is purely technical.
The way that news works is like this;
Bear market
Bad news is seen as very bad and good news just slows the descent.

Bull market
Good news is great while bad news slows the rise

It's all about how the news is perceived.

This fall is just unwinding the remains of the bear market. There is more coming and the news will do nothing to stop it. The fact that we had all this good news from earlier this year and we could only correct up a bit of the fall is a prime example of how much news affects the market. It will not create a reversal and we don't need bad news to have a correction. This is just natural market behavior.

QFT

How come you troll the price before the downfall you claim takes place.  To me it clear that you're just looking to insight panic selling.  Why not just come here when the price has tanked and when you've bought a bunch of cheap coins then show off how right you've been?  We all know you're looking for cheap BTC and are a longterm bull..  Surely you're growing tired of failed attempts to create a panic, so why not spare every one the time wasted reading your fud?  I think everyone want cheap BTC and before long they will realize the time to get cheap BTC is now. 

Dude, you have seen some shit.

This is the first thread I started. I think you got me confused with someone else.

Either way how is it FUD to ask why no one is buying when everyone says they would buy at these prices? There was an order for 2000BTC for sale. Ripe for the picking and at one price so there would be zero slippage. I made note to the fact that no one was buying a nice chunk of coins at a "decent" price.


Now you guys are just getting resentful and I think it's funny now. Go home and lick your bloody wounds mkay?

TL;DR
I'm not falllling or rissssing or staaaagnant! I'm just TrollinU  8)

You mean first thread you started with this account?... ;)  Not to mention your handle is TrollinU..

Seriously though, you imply bulls are weak because they don't buy coins right now.  To me a statment like that is FUD.  The price is what it is and nobody owes you an explanation, people will buy when they want not when you say so.  If your so sure the price will fall why are you so worried about arguing it will happen? 

What he said...

Do you recall when this started?

Ethereum sales finally wrap up tomorrow.

The drop will stop as soon as people sending them bitcoin.

I would guess the ethereum sale likely drove the price up on bitcoin over the past few weeks.  To date they have pulled in 31,528 coins and only sold something like 3,737.  As they unload the remaining 27,791 coins THAT will put steady down pressure on the price.  I would guess they would feather it in over time but I wouldn't rule out some hard dumps.

Ethereum wallet
https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

People might have been buying bitcoins to convert it to ether.  ;D