255 dump.
Don't tell me we're going below 500 again. Isn't everybody just tired of this?
255 coins should barely register. So it means that volume is insanely low. It's not that people are dumping. My guess is that we'll keep sliding down a while, until panic buying sets in. So there could still be a few bucks to be made. On stamp, at about the time referred-to by Shroomie doggie bird, I saw about 1000BTC dump to bring price from $505-ish to $498-ish... and then another 1000BTC traded over the remaining 30 minutes to bring prices to about $490-ish. |
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mmmm, I think that the real bottom (that I am waiting for) is far away from today or this week, maybe not even this month, yes this means that we just entered a long bear market, unless some magic and huge buys comes in to fix what I am watching in the 1w MACD. I've decided to invest only $20K back, because according to perma-bulls 1 BTC will make me a millionaire regardless, so why be greedy ? we have to leave some coins so others can be millionaires too   That means we are gonna be stuck with you participating in this thread for a while.    |
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Extremely, extremely, extremely run for the hills type of bearish news. First, there were a lot of buys because there was a lot of volume and volatility... there was action on both sides of the tape and with Coinbase as a middleman that leaves them dry (and anyways, that is historic, now... it's already priced in). Second, it means NOBODY will be buying from Coinbase all week -- a major purveyor of coins to the Average Joe. Why? Well, because the market is extremely volatile right now and you don't know where the hell the price will be (but assuming even in a worst case scenario there is a recovery by then that price would be HIGHER than it is today... you wouldn't do it). It's God awful news. I don't know how the hell anybody could read it as positive news. I am certain I am being a bit hyperbolic, but yea... not good. YES>>>>>> you are being hyperbolic, and you seem to be spreading FUD... maybe you are NOT doing this on purpose, but you are making much more out of the situation than the FACTS support. The news is bullish.. b/c it means that a lot of Coinbase customers are buying and have bought more coins than Coinbase had prepared for sale. The news is problematic, b/c we do NOT know how long Coinbase is going to remain without coins for sale.. Your stating an assumption that they are NOT going to have coins for four days b/c that is what the message states for the guarantee of coins being available is also misplaced.. b/c nothing in that message should cause you to assume that Coinbase will NOT have coins until the stated dates.... additionally, I have experienced that they usually get coins much more quickly.. probably even in less than a day.. but we may have to wait until Monday... possibly. So the news would be problematic if we have to wait until Monday or even later for BTC to be available through coinbase. Again, don't accuse me of s---. I would note preface my words with "I am probably being hyperbolic" if I was trying to spread nonsense. Also, my name is Newbie, bro. Emphasis on new. Cheers! You seem to be more sophisticated at trading than me, so Newbie is your name, but so what? I already know that some people use the forum to get ideas, and some people use the forum to spread FUD, and we do NOT always know for sure what are the motives of others... again, whether you were purposeful, you are claiming that you were NOT.. .which hopefully is true, but I have my doubts, since you are attempting to claim that your conclusion was an innocent mistake .. or even implying that you may be correct about the disinformation that you are seeming to attempt to spread. I am just a guy who had a different take on a story. Attack the view, not me... that's all I am saying. If I am wrong then counter it. Honestly though, neither of us is wrong. It has mixed bullish and bearish elements (or so I understand). I rarely attack posters who seem to be genuine.. but if I get the sense that you are NOT being genuine then I may have a go at you, here and there.. just for shits and giggles. So, here, I have mixed thoughts on whether you were purposefully spreading misinformation. I do NOT necessarily battle you on that point, so maybe I can kind-of give you the benefit of the doubt.. at least for now... whether you give a shit or NOT, that is o.k.... b/c each of us is going to post what s/he is gonna post... and you certainly seem to have your various reasonable moments - relatively speaking... (in that regard, some of your competition can be lacking in various regards.. to say the least)....  |
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Two dutch BTC 'providers' also sold out. One is giving slight bonus on selling to them.
And still all i see is idiots dumping. Yet all I see is an idiot commenting about idiots dumping. Please quote, so that the idiot reads it. He put me on ignore almost as soon as I joined the forum.... well within about a month, so you lasted much longer than me... Even though he has me on ignore, I still comment about his fairly consistent and ongoing stupid-ass whining, though... |
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Extremely, extremely, extremely run for the hills type of bearish news. First, there were a lot of buys because there was a lot of volume and volatility... there was action on both sides of the tape and with Coinbase as a middleman that leaves them dry (and anyways, that is historic, now... it's already priced in). Second, it means NOBODY will be buying from Coinbase all week -- a major purveyor of coins to the Average Joe. Why? Well, because the market is extremely volatile right now and you don't know where the hell the price will be (but assuming even in a worst case scenario there is a recovery by then that price would be HIGHER than it is today... you wouldn't do it). It's God awful news. I don't know how the hell anybody could read it as positive news. I am certain I am being a bit hyperbolic, but yea... not good. YES>>>>>> you are being hyperbolic, and you seem to be spreading FUD... maybe you are NOT doing this on purpose, but you are making much more out of the situation than the FACTS support. The news is bullish.. b/c it means that a lot of Coinbase customers are buying and have bought more coins than Coinbase had prepared for sale. The news is problematic, b/c we do NOT know how long Coinbase is going to remain without coins for sale.. Your stating an assumption that they are NOT going to have coins for four days b/c that is what the message states for the guarantee of coins being available is also misplaced.. b/c nothing in that message should cause you to assume that Coinbase will NOT have coins until the stated dates.... additionally, I have experienced that they usually get coins much more quickly.. probably even in less than a day.. but we may have to wait until Monday... possibly. So the news would be problematic if we have to wait until Monday or even later for BTC to be available through coinbase. Again, don't accuse me of s---. I would note preface my words with "I am probably being hyperbolic" if I was trying to spread nonsense. Also, my name is Newbie, bro. Emphasis on new. Cheers! You seem to be more sophisticated at trading than me, so Newbie is your name, but so what? I already know that some people use the forum to get ideas, and some people use the forum to spread FUD, and we do NOT always know for sure what are the motives of others... again, whether you were purposeful, you are claiming that you were NOT.. .which hopefully is true, but I have my doubts, since you are attempting to claim that your conclusion was an innocent mistake .. or even implying that you may be correct about the disinformation that you are seeming to attempt to spread. |
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Extremely, extremely, extremely run for the hills type of bearish news. First, there were a lot of buys because there was a lot of volume and volatility... there was action on both sides of the tape and with Coinbase as a middleman that leaves them dry (and anyways, that is historic, now... it's already priced in). Second, it means NOBODY will be buying from Coinbase all week -- a major purveyor of coins to the Average Joe. Why? Well, because the market is extremely volatile right now and you don't know where the hell the price will be (but assuming even in a worst case scenario there is a recovery by then that price would be HIGHER than it is today... you wouldn't do it). It's God awful news. I don't know how the hell anybody could read it as positive news. I am certain I am being a bit hyperbolic, but yea... not good. Newbie you just shorted so your hoping that the market remains bearish in order for yourself to come out the in the green. Coinbase exists to make money. If there is volume in both sells and buys equally on coinbase, coinbase ends up with extra bitcoins and extra USD. There has to be more buys than sells on coinbase in order for them to no longer have any BTC for sell. I did just short. I actually shorted right after I saw that. I think it's terrible news. Interpret it as you will. Also, you don't know that there are more buys than sells... there probably would have been, but guess what... nobody is going to be buying coins with them until they know what the Friday price is. Newbie.. your response is pure bullshit and FUD spreading .. I just hope you are NOT coming to these ridiculous non fact based conclusions on purpose.  Overly emotional response. I hope that you all realize that I simply don't f---ing care enough to try to spread FUD. It was my take on a story. I like being right. It is why I banter about which way the market is going. Anyhow, it doesn't really matter that the market should go down (for this reason or a handful of others) because the volume is so heavy. I need to learn to just stay put otherwise I'll get nickled and dimed to death. Have a jolly evening. And don't accuse me of s---. I don't like that. I just say what's on the top of my head. Maybe you did NOT do it on purpose... ? I will grant you that, but I stand by the rest of my statement, and emotional.. hm.. don't believe so..  |
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That doesn't make sense at all, why would be coinbase bought out? They must have atleast few k's of BTC stored, no?
Who knows exactly how many BTC they keep stored per day. .or over the weekend for that matter? and then Bitstamp (their apparent source for coins) has a bank holiday on Friday, too... And then Coinbase is servicing the whole united states, too... they probably one of the main ways that people in the USA buy coins... |
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Extremely, extremely, extremely run for the hills type of bearish news. First, there were a lot of buys because there was a lot of volume and volatility... there was action on both sides of the tape and with Coinbase as a middleman that leaves them dry (and anyways, that is historic, now... it's already priced in). Second, it means NOBODY will be buying from Coinbase all week -- a major purveyor of coins to the Average Joe. Why? Well, because the market is extremely volatile right now and you don't know where the hell the price will be (but assuming even in a worst case scenario there is a recovery by then that price would be HIGHER than it is today... you wouldn't do it). It's God awful news. I don't know how the hell anybody could read it as positive news. I am certain I am being a bit hyperbolic, but yea... not good. Newbie you just shorted so your hoping that the market remains bearish in order for yourself to come out the in the green. Coinbase exists to make money. If there is volume in both sells and buys equally on coinbase, coinbase ends up with extra bitcoins and extra USD. There has to be more buys than sells on coinbase in order for them to no longer have any BTC for sell. I did just short. I actually shorted right after I saw that. I think it's terrible news. Interpret it as you will. Also, you don't know that there are more buys than sells... there probably would have been, but guess what... nobody is going to be buying coins with them until they know what the Friday price is. Newbie.. your response is pure bullshit and FUD spreading .. I just hope you are NOT coming to these ridiculous non fact based conclusions on purpose. |
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Extremely, extremely, extremely run for the hills type of bearish news. First, there were a lot of buys because there was a lot of volume and volatility... there was action on both sides of the tape and with Coinbase as a middleman that leaves them dry (and anyways, that is historic, now... it's already priced in). Second, it means NOBODY will be buying from Coinbase all week -- a major purveyor of coins to the Average Joe. Why? Well, because the market is extremely volatile right now and you don't know where the hell the price will be (but assuming even in a worst case scenario there is a recovery by then that price would be HIGHER than it is today... you wouldn't do it). It's God awful news. I don't know how the hell anybody could read it as positive news. I am certain I am being a bit hyperbolic, but yea... not good. YES>>>>>> you are being hyperbolic, and you seem to be spreading FUD... maybe you are NOT doing this on purpose, but you are making much more out of the situation than the FACTS support. The news is bullish.. b/c it means that a lot of Coinbase customers are buying and have bought more coins than Coinbase had prepared for sale. The news is problematic, b/c we do NOT know how long Coinbase is going to remain without coins for sale.. Your stating an assumption that they are NOT going to have coins for four days b/c that is what the message states for the guarantee of coins being available is also misplaced.. b/c nothing in that message should cause you to assume that Coinbase will NOT have coins until the stated dates.... additionally, I have experienced that they usually get coins much more quickly.. probably even in less than a day.. but we may have to wait until Monday... possibly. So the news would be problematic if we have to wait until Monday or even later for BTC to be available through coinbase. |
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Whoa, Coinbase is sold out.. "Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more
Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT." That's bullish right ?!?!? When I google for 'coinbase "provide exact price quotes right now"' I get this result from 2013-11-22: https://news.ycombinator.com/item?id=6756307and this from 2013-04-11: http://bitcoin.stackexchange.com/questions/9590/coinbase-com-buying-queueSo is the situation now like 2013-11-22 ? Ah, another result is from 2014-07-14 ... http://arbitragebot.com/coinbase-exceeded-their-own-buy-limit/This cannot be bullish. Who would buy coins in the middle of an up and down market for the price several days in advance? Moreover, even if you are a bull and think the price will be higher in several days... who would pay that higher price in several days. If anything, I think this will depress buying for a few days. You are correct... Coinbase has such a policy, but only a stupid person would employ such a policy, rather than manually attempting to figuring out when to buy between NOW and 5 days from NOW... Coinbase will surely have more BTC available before 5 days.. and maybe even in a few hours... and I would surmise by the latest on Monday. |
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Consider a place that sells bitcoins "off the shelf" and runs out of BTC. If they expect the price to fall several percentage points "soon", it is better for them to turn clients away than to buy more BTC to replenish their stock.
Conversely, if they have a stock of BTC and expect the price to rise significantly "soon", they will be tempted to tell their customers that their stock ran out.
So, if those reports of (BTC sellers running out of stock) are true, which explanation will be the true one?
Your speculation is crap... b/c you do NOT even know. They run out of BTC, and they claim that they cannot get the BTC until they get more out of storage or whatever...... and this happens when there is an upturn in buying activity. Main problem that I see is that they should just maintain a higher volume of access to BTC... but apparently, they have already calculated that that particular business model does NOT work for them b/c they do NOT necessarily want to hold that much BTC. another possible solution would be for them to establish a mechanism in which they can purchase BTC.. directly off of an exchange in order to be able to sell it, and apparently they have NOT figured out an efficient, safe and/or profitable model for doing that - other wise they would do it. |
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Whoa, Coinbase is sold out.. "Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more
Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT." That's bullish right ?!?!? IN the past when this had happened to me, I had noticed that if you keep clicking, you may get an opportunity to buy... however, one time I asked them for an explanation about this along with other related issues, and they explained that sometimes they have worse problems like this over the weekend... and this could signify that this issue may persist to some extent until monday... , which would really SUCK!!!! |
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*chirp* *chirp*
World changing technology guys, the main forum for it is so quiet you can hear a pin drop. Maybe that should tell you something...
NO... you have come here, to keep the lights on. Welcome, newbie!! |
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No amount of countdowns or other magical thinking can "will" the price up. We need one thing and one thing only: buyers.
And the charts don't lie. There are none!
There are charts for that? WOW... I keep learning new things.  |
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the promise this country holds is brighter than anyone can imagine, TO VICTORY!!!
0
I was hoping for free beer, or something... |
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IS the price going to go UP or DOWN?
both! HMM, only one can happen Currently at this moment of time do you think by tomorrow the price will be less than $521 (current rate)? i am 100% sure price will go below and above 521 ok put it like this Do you think this time tomorrow the price will be above or below $521? ok i'll quit being a smart ass... who knows all i know is there's free beer for all at 800 ( i will be handing out mBTC's to followers of this thread @ 800 ) Bribery.... O.k. I'm down. |
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95% posters ignoring Jorge Strollfi>>BULLISH
Thanks! One more for the count of "posts about nothing but @JorgeStolfi". Watch out @Fonzie! You are ahead, but not clear yet... (This post counts for us both, unfortunately.) Yeah right..... trying to find an ally with Fonzie.. but at least he (Fonzie) claims to be making various investments in BTC.... and you? |
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I think it wont go more than 550...the bid side will build up and another dump will follow.
So are we saying goodbye to $500 for the last time? Yes, for the last time. Until the next time. Mayb the manipulators just took the weekend off for some rest [/quote] I don't think so!!!! Manipulators cannot afford to take time off... only they may be running out of coins.. that is the real problem... and they may just loose (or loss) whatever momentum that they had if they take off, now. |
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pretty sure this is where the bear fuck themselves... 450-550 is cheap, but they don't know that so they sell here and wait for 350.
Yep.. the greedy bear is gonna push for $350...... thinking that they can gather up a little more honey.... .. heehehehehehehe... WOOPS!!!! NOT gonna happen. |
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