Ok people, correction over.
Pumpy time.
I'm in again at 279.4
Prepare for the MOFO pump to 380.
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why so negative? we should thank coinbase for this pump. |
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Nobody should sell until the Winklevoss ETF gets approval.
Small profits suck.
I'm not selling until I see a way bigger price than this.
only bagholders are not selling. |
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says 46 minutes left... to da moon? to da dump. |
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We might find out whether Stamp is running a fractional reserve system...
I assume all non regulated exchanges are running some sort of fractional reserves. fiat and btc. |
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lol
bitfinex is doing the gox thing.
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da fuk is fappening at btc-e  Some lucky person bought at $240 from some sucker. calling someone who just dumped 1.5 k of coins a sucker from this thread is a clear sign of a real sucker. |
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so, to the moon is actually a call to move to the new regulated exchange.
thank god most of the coins are in children's hands on unregulated exchanges.
regulated exchanges are not so profitable.
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Good morning Bitcoinland. Still in the $250 range, I see. Looks like $240 is holding strong for now. We didn't seem to lose yesterday's modest gains overnight. Not bad for a weekend. Mmmm, coffee.  I say bitcoin will hit $280, then drops to sub $100 quickly bearish wedge says true. You mean this?  I don't think it's too much of a worry I still think we gonna see a retrace somewhere between 285-315 though yes. in the first post I wrote wedge, but it is a bearish pennant. and yes, it is a continuation pattern. so up then we continue down. unless we break that pennant with volume. |
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Good morning Bitcoinland. Still in the $250 range, I see. Looks like $240 is holding strong for now. We didn't seem to lose yesterday's modest gains overnight. Not bad for a weekend. Mmmm, coffee. I say bitcoin will hit $280, then drops to sub $100 quickly bearish pennant says true. |
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That's because there's nearly zero content worth responding to. The statement in the thread title could have been worth something: yes, big money is not infallible. But the rest of your argument can be recapped as follows... (plus my response) "VC doesn't really invest in bitcoin the currency." We know that. But they invest in Bitcoin infrastructure. If you consider that to be bearish, long-term, be my guest. "Big money invested during the dotcom bubble as well. Shows how stupid they were." Hardly. Unless they went all-in on pets.com, they made out like bandits in the longer run. so do miners, they invest in "infrastructure", but that usually means more selling pressure. the faster and bigger payment processors, the lower the price. Tim is one happy and smart bagholder. |
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yes, I am taking profits too. thank you bulls.
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never liked bitfinex. I think they are the next gox.
btw, nice dump on stamp.
having money on Bitstamp in bitcoin is probably one of the dumbest places to have money in at the moment.  made some withdrawals too in the last few days. great service I must say. |
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never liked bitfinex. I think they are the next gox.
btw, nice dump on stamp.
Stamp is no better really but it is. they are not so blatantly manipulating their books and orders, and not using customers funds for inside trading, etc. I hold fiat at stamp and I wasnt worried at all during the hack. |
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never liked bitfinex. I think they are the next gox.
btw, nice dump on stamp.
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That bid sum on finex and stamp  Ask side is really thin... It's the opposite picture on the Chinese exchanges. I think we've been witnessing the flow of coins back from east to west after China went crazy and bought up too many coins in the 2013 bubble. It's also clear to see in here that China is becoming less important and people are looking more at the western exchanges now. Actually it looks more healthy now, more balanced. I still see some downside but this bear is getting very very tired and will go into hibernation soon. you can watch western exchanges as much as you want, china has the biggest pools and farms now. That's why the selling pressure is stronger there.  Mining doesn't matter, it's about who's buying the coins. 3600 coins per day do matter. if most of them are made in china...well, the cost of their production is really low. |
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That bid sum on finex and stamp Ask side is really thin... It's the opposite picture on the Chinese exchanges. I think we've been witnessing the flow of coins back from east to west after China went crazy and bought up too many coins in the 2013 bubble. It's also clear to see in here that China is becoming less important and people are looking more at the western exchanges now. Actually it looks more healthy now, more balanced. I still see some downside but this bear is getting very very tired and will go into hibernation soon. you can watch western exchanges as much as you want, china has the biggest pools and farms now. with lower demand in china and a lot of bagholders, I wonder where those coins are going to go. |
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His syndicate was just a way for small bidders to bid at the auction. Secondmarket just collected their bids and packaged them into the 2000-3000 BTC lots. Neither he nor SecondMarket placed bids of their own at the auction. They just collected the 1% fee from those bidders who won. Only people winning now with Bitcoin are middle-men  I find that hilarious, because bitcoin was intended to be "money without middle man". if you are dealing drugs, doing ponzi schemes bitcoin is just great, but if you want to do something legally you need a middle man. ring a bell? yes, we are reinventing the wheel and making new crypto banksters. |
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yea, those fuckers know where the money is: exchange and trading fees.
bitcoin price? who cares? we can charge fees for every transaction even if bitcoin is trading at 10 $.
and btw I am with wekkel on this one. we didnt manage to make a decent V shape recovery after 3 days. weak, very beak.
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they are investing in a company, not underlying technology.
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