If we keep this bottom for two days more I'm gonna start buying like there is no tomorrow.
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The market was quiet for too long and due for a move. Coincidence = Possible
Coincidence = Likely FTFY Likely?? I mean, I believe everyone here agrees that corruption in Russia is a real issue... and bitcoin exchanges are moving millions.. 1+1=2 Yes, the market was quiet for too long and suddenly just 12 hours before the announcement someone dump 5k btc; possible? yes, likely? hell no, illuminatis conspiracy? YES
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- The first drop was almost at midnight (UTC time)
- The official statement was published at 16:19 (Moscow time, which is just +04 UTC)
This is almost 12 hours before the public announcement. Coincidence? I DON'T THINK SO!
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Exchanges owners are calling some whales friends to shake the price a bit because everything is too quiet and they are not making money from fees.
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Bitcoin is software and a p2p network. Bitcoin is FLOSS. Also its protocol is constantly being adapted by social consensus and not by any sort of central authority. Its creator, Satoshi Nakamoto, never did a single commentary about "investing in Bitcoin", nor the core devs... So tell me, how could Bitcoin be a Ponzi Scheme? if you think about it the old-fashioned stock market seems more ponzi than bitcoin
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I feel super bullish this morning, should I go full in again? :3
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strong support in 900, bitcoin is getting pretty stable
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hi
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Seems that the price of btc has maintained right around the $800 level on all exchanges for a fairly long time (except for Mtgox) - and it is doing so a little bit too conveniently. With the stock market making big moves and various big news stories coming out about Turkey, Argentina, BTC china accepting deposits again, etc, you would think there would be bigger moves. My guess: the large btc holders are trying to reduce volatility in btc to remove this stigma about it. They do so by capping rises and putting a floor on dips. Manipulation is manipulation. Let the market take it where it wants to go.
lol "manipulation" SEEMS LIKE YOU WANT TO BUY CHEAPER
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Who is gonna dump first?
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This has been the crash pattern since every bubble and crash we've had here
True, but those two are the only really large ones in bitcoin history, right? Those two are nothing compared to April-June 2011, there was some real pain in the ensuing bear market, none of that "oh noes, my money is only worth what it was worth yesterday/last week/last month" Exactly. I wouldn't call these "pulses" a pattern, actually, I wouldn't even say that the first "pulse" in 2013 is similar to this one.
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I bookmarked this thread so I could use it next time someone says that there are no sexism in the bitcoin community
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You bitcoin millionaires should start using your bitcoins for founding bitcoin startups immediately, and also massive amount of ads everywhere. With all that money you may improve many things in bitcoin itself and related, use stuff like BitHub to encourage more development, or found academic researches.
Don't hold, distribute!
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But they said they were doing it today, not on the business days following Jan 31st It's late in China.. so no office hours. Either tomorrow during office hours, or next week during a business day when holiday period ended. Anyhow, bitcoin in China is over and only fools are currently buying. hahaha yeah well, the reality is happening and nothing is going to happen. OP is right, I hope bears didn't loose to much shotring and still have some fiat to get back in game
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It will never go down again. And get ready for a new rally!
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He's (Bobby Lee) really busy with his work obviously, he has, um, a lot of, um, he has a lot of issues. Supposedly next week they're going to really crack down. We don't know what's going to happen. So he's really busy with his company. - Charlie Lee (Litecoin, BTC China) https://www.youtube.com/watch?v=Le5ByHtssncsell
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I'm learning, give me time! Also: MtGox is doomed
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WARNING We are about to start a really bearish week! There are bad news from everywhere: USA (BitInstant CEO/Bitcoin Foundation VC arrested), Russia (Bitcoin could turn illegal), China (January 31st). I'm not telling you to sell... but maybe you should if you care about short-term. God help us.
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