agreed again. Unfortunatly some people have still not realized that since the double top the train is going into the other direction... watch and learn target 5800 CNY
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on mtgox:
sum_bid: 33,276,632 USD | sum_ask: 34,451 BTC | ratio: 965.90 USD/BTC
bid and ask sums are non important. they do not tell anything as they will be pulled and increased when needed. every piece of information is important agreed, but bid and ask sums are constantly manipulated, hence the worst indicator. Or the easiest one to fool youIf you check the bid sum / ask sum charts, you'll see that the price has usually been between 1 / 3 to 1 / 2 of the ratio. This puts the 'target' price right now between 320$ and 480$. And possibly lower once the avalanche of coins starts. if believe that, then you can still use the information provided, just remeber to understand it in that context FYFI the bids and asks are real, but ya poeple constantly pulls orders and place then again, this is what good traders do...
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Public Service Announcement Dont' let this be you come Monday: because everyone sold but you ? everyone sold, price is rising Target: 5800 CNY
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on mtgox:
sum_bid: 33,276,632 USD | sum_ask: 34,451 BTC | ratio: 965.90 USD/BTC
bid and ask sums are non important. they do not tell anything as they will be pulled and increased when needed. every piece of information is important
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Made 0.1 BTC off my first trade yesterday (selling 1 and buying 1.1), while holding the rest of my coins. It's fun watching it go up AND down now. its hopeless everyone buy and sell bitcoin like a pro! you will be RICH RICH RICH!
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leave the day trading to the professionals.
you noobs!
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wow, bears already starting the butthurt story.
where is rpietila? is he buying back his coins?
I'm no bear. I'm holding and I was a bit scared to be honest. why are you scared? did you buy at for more then you should have at more then 800? dont be scared... if you understand what your holding there no reason not to lol at every drop. Guess i'm a bit over invested. Just panic bought some more coin, thanks. lol your sacred of the drop your over invested you buy more coins Don't you worry, he'll sell soon after if he dose that then hes just keeps compounding his mistake more and more
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wow, bears already starting the butthurt story.
where is rpietila? is he buying back his coins?
I'm no bear. I'm holding and I was a bit scared to be honest. why are you scared? did you buy at for more then you should have at more then 800? dont be scared... if you understand what your holding there no reason not to lol at every drop. Guess i'm a bit over invested. Just panic bought some more coin, thanks. lol your sacred of the drop your over invested you buy more coins
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Weak hands folding out. It's not easy putting your BTC under a mattress for a few years, is it? it really isnt, even I have been known to sell large amounts at low low prices... remember poeple if your not holding a shitcoin you'll be fine.
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wow, bears already starting the butthurt story.
where is rpietila? is he buying back his coins?
I'm no bear. I'm holding and I was a bit scared to be honest. why are you scared? did you buy at for more then you should have at more then 800? dont be scared... if you understand what your holding there no reason not to lol at every drop.
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who ever voted 1 line of code for 1BTC
wow you lazy fuck!
sleeping is hard sometimes.... trying again...
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Guess you don't understand why bitcoin have to have high price (and stable) so it's economy can function, do you?
It is apparent that our views are different. My belief on the economy of bitcoin relates to the value of the underlying protocol, not the miners reward that we are trading here. I won't change your mind, you won't change mine, so let's agree to hold this type of argument somewhere else besides in the speculation thread. OK? sounds like an interesting discution maybe start a thread and write a thesis statement for your argument. lol price is derived from so many things its not even funny but value , the true value is in fact the awesomeness of the underlying protocol i couldn't sleep. now i try again....
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... Merchants surely will love that.
If everyone buys and holds then merchants don't get any coins at all. Someone has to buy and sell or there is no currency. If you look at the current state of xbt you will likely conclude that it behaves more as a commodity than a currency. My opinion, your mileage may vary. Guess you don't understand why bitcoin have to have high price (and stable) so it's economy can function, do you? its so easy to sell bitcoin for dollars in an instant, and with services like bitpay... the argument that bitcoin can't function as money because its moves up and down is simply not true. money is power and with only 10BTC i have the power to make you jump up and down for hours DAYS on end.
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oh shit now i think its going up again if i traded these miro swings i think i'd be rich by now
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They just keep coming as soon as price drops 50$, lol
It's same when it is rising though, than we see "when btc will reach one million" ones.
If bitcoin drops to $50 I will buy in 20K worth. i think he meant every time the price drops 50$ we get a new wave of panicky bears but ya if the price drop to 50$ I'd go all in aswell but the market is not THAT crazy... 700 already , down it goes where are you looking i see 800+ everywhere You fell for it? You , the master of all trolls? The OP of the troll thread? =)))) lol
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Against all odds, 800 keeps holding.. for how long?
i think bid depth is seriously underplayed whales are playing it cool and waiting for the market to drop and consolidate as low as possible b4 they sound the bull horn. despite this, the price is holding up it can't last forever... but its still remarkable!
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Wow, it's like the bottom is falling out! That's not a drop, any bear with balls would have it down to $200 by now oh that would be so sweet. * img of big dick * HAHA Did I get hacked or something??? I didn't draw the dick on it!!! HAHAHAHa https://i.imgur.com/aPftvst.pngyou hacked yourself dude damn, I was really hoping that image proxy their using got tired of the traffic... so they'd have to get rid of it and the gifs would work again.. its really sad their are no more gifs but but but i think i can see the bottom!
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They just keep coming as soon as price drops 50$, lol
It's same when it is rising though, than we see "when btc will reach one million" ones.
If bitcoin drops to $50 I will buy in 20K worth. i think he meant every time the price drops 50$ we get a new wave of panicky bears but ya if the price drop to 50$ I'd go all in aswell but the market is not THAT crazy... 700 already , down it goes where are you looking i see 800+ everywhere
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