what if.. *thecoinbull is in fact a big juicy fat whale that will dump Ks of BTC to at least create a panic sell down to 750ish? we all know this can 'happen' any time any way considering the volumes this last month (imho everybody is expecting a drop to somewhere around 800 at least).. Hence he would then sell 'still' high, buy back at 750 and get an extra 7 or 8 coins?! haha gaaad i'd love to do something like that... I must not have gotten the memo that everybody is expecting a drop to at least 800.... I sure as hell don't expect it. I used to expect it from 600 to 1000, but not anymore. Looks like drops of around 100, but not more than that. That's how I feel at this hour. My opinion could change within the next hour. imo that spread highly depends on volumes which are still hard (*if not impossible) to predict because of impredictable whales movement edit answer: Only 1 person expects it as long as ATH has not been reached again i am prepared for everything yes indeed, but that does not mean i am urging for such scenario to happen. I feel like whales aren't agreement anymore. What has been the biggest dump so far since we hit 450? Seems like 300 at once. But we had a 1500 buy order. Let me know if anyone else recalls differently.
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At those prices many publicly known whales will get robbed/kidnapped etc.
Never let people know your BTC net worth.
if you find your self not wanting to leave home cuz your having paranoid delusions of poeple looking to kidnapped you for your bitcoins, you probably should be a seller! This is the advice I give everyone too. Never tell anyone how many BTC you have or drop off 2 zeroes. If you have 100 BTC, then you say you have 1 BTC.
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what if.. *thecoinbull is in fact a big juicy fat whale that will dump Ks of BTC to at least create a panic sell down to 750ish? we all know this can 'happen' any time any way considering the volumes this last month (imho everybody is expecting a drop to somewhere around 800 at least).. Hence he would then sell 'still' high, buy back at 750 and get an extra 7 or 8 coins?! haha gaaad i'd love to do something like that... I must not have gotten the memo that everybody is expecting a drop to at least 800.... I sure as hell don't expect it. I used to expect it from 600 to 1000, but not anymore. Looks like drops of around 100, but not more than that. That's how I feel at this hour. My opinion could change within the next hour.
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I'll do it if you want. Address down there ---v
Suggest coinabul deposits first as he's called the bet. Terms will have to be properly defined (48 hours from when)
The address is in his sig. I'm assuming Richy can be trusted? Someone has dealt with him before? (No offense Richy, you know how it is around here) No problem. I've had dealings with a few people but none in this thread I think. I will tell you I can be trusted, of course hey richy, if this bet is still upafter 4pm pacific i will pm you to get in on it. thanks I'd totally jump on this if my state laws weren't holding me back. Seriously, hitting 749.999 at least once in the next 48 hours at 1:1 odds? If I was Coinbull, I'd be asking at least 10:1.
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Goxed? I can't login. None of charts are updating. Hmmm...
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Umm... is mtgox frozen or just me?
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Well if this is someone's idea to stabilize the price on Mtgox, congratulations it's working so far. I sense some big winners and losers coming soon.
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It's not over yet. On Mtgox Resistance Wall at 921.3.....
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Bitcoin Bulls -> "Price will go up to $10,000 and beyond without making serious corrections downward on its way there."
Bitcoin Bears -> "Price is currently a bit too high and is due for a major correction. We will eventually get to $10,000 but we aren't going there soon."
Bitcoin Bears are le sad sorry you missed the train Not so fast. Looks like major resistance up ahead after we hit a 24 hour high on Mtgox.
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We have a situation now with one or more powerful buyers repeatedly hammering the MtGox asks. People see the solidly rising trend and panic buys from time to time, but we hardly correct, it is sideways for a few hours then upwards again like a marathon runner.
tl;dr extremely bullish situation. New ATH in 24h?
I agree whole hardly if we break 1000 without a sweat, but I am semi certain we see people sell shy of it at 975-999 thinking they'll be smarter then the next person. Like me? I have sell orders in that range, but I will expire them if the BTC price doesn't reach that range within the next 8 hours.
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Mtgox Buy Wall @ $910 is magnificent! I salute you, wall! So we have people encouraging each other not to sell and now 'saluting' an obvious manipulative wall which will keep the price higher for a while. Sell you morons! Fuck you fake wall. Feel better now? lol, I do feel much better now. Thank you Doc. Well we reached 911 a couple times and the wall was not removed. Of course that doesn't mean it's genuine, but I'm glad it stuck.
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Mtgox Buy Wall @ $910 is magnificent! I salute you, wall!
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It's sad, but it appears famous BTC addresses are being spammed.
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Why do people dump now? How do they think? "Well the price is going up, lets quickly dump before i make more money by putting up a sell order around 900"?
the people who are dumping now are the ones who bought coins before we took off and are taking profits (out of the pockets of those who bought coins during the rally itself). Great. Now read my post again. hes right... day traders might be dumping profits right about here but, no one is really dumping... the market appears safe, i think we can rally to 900 in a few days time. Isn't it a little early to make that judgment? All the supports are pretty much crippled.
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I welcome any and all analysis. I take everything with a grain of salt. I don't like to call anyone out on bad calls. I've made my share. But some people just get on my nerves....
+1 I don't mind the calls and analysis either. It's the calls without analysis that get on my nerves. Now granted I've done the choo-choo and bear calls every now and then. But sometimes it's excessive.
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Whoever bought Mtgox 40 BTC, you got balls man (or daring lady).
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Anyone else biting their fingers and hodling? Why do people dump now? How do they think? "Well the price is going up, lets quickly dump before i make more money by putting up a sell order around 900"?
They're dumping because 900 is an extremely quick recovery time historically. What's funny is they're not putting up the sum asks meaning they're not sure.
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What are you saying, specifically?
Nothing at all. That's the majority of people in this thread.
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Everyone watching and not posting? Watching the MU Tigers football game It's a tense standoff between the bulls and bears right now.
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Everyone watching and not posting? Feels like Dark Knight movie with joker in control of the 2 ferries leaving the fate among citizens.
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