No weekend dip? No free bear cookie for me then.  |
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the grind must be unbearable.
and the bubble bullshit. so EM. i'm curious. now that we're at 22 and change, at what price would you be willing to buy and become a bull? i ask b/c you were a bear down at 2 as well. there must be some nagging belief you have deep down as the reason you hang around here. I don't know. I mean the main reason for my bearishness were the public fuckups in the past. (mybitcoin, bitcoinica, pirate, other scams and smaller "hacks" and the like) In the past few months since the pirate drama the situation has very much improved and so has my reception of bitcoin. and obviously you know those had nothing to do with the protocol of course. at least its good to know that your mind is opening a bit. Of course, the problem I had is that it looked like as if would escalate too much. Since historically there are cases where the stupidity of the masses ruined or at least prolonged the development of superior technology. A open mind is a good thing but if you open your mind too much your brain falls out... The masses are gonna be stupid and stay stupid, like how they have been for thousand of years. So most likely, you have to adapt you superior technology to the stupidity of the masses, especially when it's something like a currency, which would not have a future if it could not survive the stupidity of the masses. |
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We have a noob whale over there, when he put up his wall he didn't even care to change its height over last time.
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its almost over!
BUY BUY BUY
Are you going to buy now and sell low in the coming Saturday dip?  I feel very Panicky... i'm thinking about buying all in.... I bought a 100 BTC 4 hours afer selling 100 BTC, 100$ loss but only 1/10 of my gain in value to date. Anyhow, I thought I was smart and gonna buy back in low. But then I 'membered, I have no idea when that is. JUST HOLD. Don't fuck with asset, don't fuck with lending, JUST HOLD BTC. I, like many of the guys here, want to buy cheap, and I know there's gonna be dips and crashes ahead. But I am also acutely aware that the chance that people are gonna let me take away their bought at double digits coins for single digits, is probably as slim as seeing triple-digits bitcoin price this year. |
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its almost over!
BUY BUY BUY
Are you going to buy now and sell low in the coming Saturday dip? |
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Anyone notice the penny-bot just reversed? It is now selling buying 0.01 BTC
Edit: now selling again... crazy
You all get so bored that you start watching penny bots?  That, or playing with pencils...  I was like, whenever the price went past a certain point I started to imagine how many bears are receiving their margin calls... |
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I could rephrase your question as this: Did you really believe that you won't be able to sell above $2 again?
My answer is: I did, panic is a universal sentiment and no one is completely immune from it.
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Is there still a bitcoin analysis only subscription?
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Anyone notice the penny-bot just reversed? It is now selling buying 0.01 BTC
Edit: now selling again... crazy
You all get so bored that you start watching penny bots? |
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Or rather we are all nervously watching the price movement.
Honestly, I don't feel the least bit nervous. As long as we don't get bad fundamental news, I don't really care if we correct back to $15 or whatever, we 'll end up going up anyway (though I realize we can't keep up this pace for a very long time). I might take some profits after $25 though. Depends a bit on exactly how fast we get there. Nah, then maybe you would just miss the opportunity to tell your children you watched history unfolding in front of you.  |
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We are at 22.43 and nobody is going to post? Everybody a little bit bored? Gee, you people are getting complacent LOL Just asked myself the same question^^ Either bored or scared   You remember when there were no million Dollar figures at the right side of mtgox-live? For the lulz:  Or rather we are all nervously watching the price movement. |
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But maybe they are gonna dump all those coins take from the walls now.....
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are we half a cent over the 18 month high?
21.435
Yeah, and some of our bearish friends have just extended their long streak of failures to call the top. |
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Someone seems to be really obsessed with the previous top $21.43, wonder if he would get a margin call here.
https://bitfinex.com/pages/public_logwas way to small only 150 BTC 7401 FORCED EXECUTED @ 21.2(-31.64): was FORCED PARTIALLY FILLED @ 21.251(-10.45),PARTIALLY FILLED @ 21.2498(-4.71),PARTIALLY FILLED @ 21.213(-5.0),PARTIALLY FILLED @ 21.2088(-108.0) -159.79 about 1 hour ago Thanks for the page! |
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 Someone seems to be really obsessed with the previous top $21.43, wonder if he would get a margin call here. |
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How do you guys not see the history and the cycle? It happens every single effing month. The price crashes by ~20 to 50%, people panic and say Btcoin is dead, It stays down for about a week then the price rises, and people all say that this is the turning point. Eventually the price falls in line with the same straight (log) line of slow decline that it has been on since the middle of the summer and everyone declares that Bitcoin has stabilized. Then it happens again. It happened first in June, it happened in July, it happened in August, it happened in September, it happened in October, and now it's happening in November yet everyone is surprised every month.
Right.  BTC/USD, last 5 months, with 30 day trailing moving average.I've been saying "long, slow slide" for months. It's still not clear what the endgame is. It hardly matters at this point, though. As I point out occasionally, if one business the size of a typical single supermarket used Bitcoins, liquidating their daily receipts would crash the market. Bitcoin is now too dinky to be used as a currency. I prefer this, this is what has been decisively proven wrong, we have businesses larger than a single supermarket using Bitcoins, their daily liquidations did not crash the market. |
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From Antal Fekete at 24hgold: The Chinese are alive to the fact that escaped the silver bugs in the West, that you can derive a silver income from your pile of silver by covered short selling, even while retaining physical control of your silver hoard.
That's not income, just money you aren't losing. Besides, if silver decides to go up, then you lose your pile being short. I think the implication is that if they short sell it to someone in the West while still holding the physical they can quite easily steal it as soon as the markets start to get volatile. "Sorry,we are bankrupt".... what are you going to do, fly to China and kick some ass? Besides, hardly anybody buying the options would expect China to deliver him physical silver, which China could still use for whatever purpose she likes, including minting coins as mentioned in the article, which could be used for the delivery itself should she be required to do so. |
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I suggest you all to have a look at his ADX chart and his interpretation of that to check his TA credibility. |
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From Antal Fekete at 24hgold: The Chinese are alive to the fact that escaped the silver bugs in the West, that you can derive a silver income from your pile of silver by covered short selling, even while retaining physical control of your silver hoard.
That's not income, just money you aren't losing. Besides, if silver decides to go up, then you lose your pile being short. Yes, Bitcoin is on a meteoric rise relative to everything else; even with an instantaneous revaluation of the monetary precious metals, the cryptocurrency will outperform. This is not an issue of contention. However, Bitcoin still has at least a year or two before it is widespread enough to realistically be a direct competitor for contemporary currencies in the sense that it might be used for daily purchases and transactions.
I hope this reference to "contemporary currency" is not a reference to gold/silver. "at least a year or two before they're as widespread as dollars" is not a reason to prefer PMs over bitcoin. So why mention "contemporary currencies", and really, what's more contemporary than bitcoin? If "might be used in daily contemporary life" is the value judgement, then PMs are completely ruled out, not even possibly an alternative. Maybe in an apocalyptic doomsday scenario, but certainly not a daily contemporary one. If you just short your silver you won't lose anything, other than dollars that you don't want.(at the risk of default of course) |
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