Bitfinex (Bitstamp) now @ $103.50 and people are still leveraged long up to their ears. Good luck unloading.  I said 20% spread and I mean it, pump it to 120 already! |
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That's not the worst case scenario.
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Maybe we finally have consistently increasing spread to the point that it becomes the major trend. Perhaps people trapped on gox will pay a 20% premium.. So gox to 120 and other exchanges to 100.
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I don't think the whole truth is out yet.
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For excatly that reason, price couldn't go otherside that up, i think, no one is gonna sell now
Flawless logic right there. Of course that doesn't stop me from selling regardless, getting a better price and hence more fiat to suck out. Yeah, i know it's flawless logic, excuse me But a little buy pressure for at least a few days is expected, at least i expect it. Some people need cash, so they are gonna buy and sell at other exchanges. After the two weeks i expect the price to go down again thought. Ony speculating, but more times i'm wrong that right  Lemme ask you something: Will you actually wire money to gox under these conditions? If not: What kind of person do you think would? If you don't have an answer: What do you think consists of buying "pressure"? |
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For excatly that reason, price couldn't go otherside that up, i think, no one is gonna sell now
Flawless logic right there. Of course that doesn't stop me from selling regardless, getting a better price and hence more fiat to suck out. Not let me stop you from throwing your money into a black hole. FYI: I left gox long before this whole thing started. |
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It looks like we're in a Cup and Handle formation, we're at the handle part at the moment. If this is a Cup and Handle formation, we can expect a rally upward anytime within an hour or so. Perhaps in a few minutes.
Your thesis is almost out of time, you are grasping the last straw. |
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where the fuck is proudho(r)n ?
He clearly stated he left us and that he never really meant a thing he said... I think he'll come back if it ever goes above 250 again. he left only speculation forum Yes that is what I meant. |
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where the fuck is proudho(r)n ?
He clearly stated he left us and that he never really meant a thing he said... I think he'll come back if it ever goes above 250 again. |
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Hitting a high in the same month 55% up from day 1 that's pretty incredible if you think about it imagine timing that one right! The past few weeks have been a stalemate. No such short trading opportunity for a while
What are you talking about? 100-> 110 in 2 days. That was not only pretty profitable but also utterly predictable on my watch. |
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yeah ICBMs make a crater on impact. I personally feel that all threads along the lines of 'bitcoin going to $10k' or 'bitcoins worth $1M' do more harm than good to bitcoin's reputation. While speculation is fun there are two factors at play: No one can predict the future value of bitcoins with any certainty, and outsiders reading this forum may form the idea that bitcoin is just one huge get-rich-quick scheme full of people sitting and waiting to become millionaires.
Man it would be great if we could limit such topics of discussion to a sub-forum specifically designed and designated for such conversation...someone should tell the mods about this idea + it is like watching tv. if you donīt like the show, donīt watch it. edit soon come:  ICBMs make a fairly decent crater. edit:  edit2: Do you understand the gravity of the situation? |
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Hihi, ihr seid wohl alle eingenebelt.  |
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I believe Ann Rand shed a few woods over this (in the book: Atlas Shrugged).
Cool story bro. |
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The USD is indirectly pumped by the China Bubble, you need Dollar to get Yuan. But it's nearly ready to pop. They approved building a 0.9 kilometer tall skyscraper in 90 days build time. And the Skyscraper Index never fails. That said if you are concerned with fiat volatility you can trade BTC/CNY just get out before SHTF... |
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[...] The kind of my position is not really related to market sediment, at least I try to keep it that way.
I guess you trade quite often/short term then. Probably makes sense in that case. I try to not trade more than once every 2 weeks or so, cause: lazyness. Also, sediment? You guessed correctly. I am USD when I do not have a entry point where I know my exit condition in under 3 days. |
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Well as for bait, there is something going on... Bids before the wall are regularly sweeped.  |
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