short are spiking even higher
now breaking 8K BTC in shorts
everyone cut your looses~!
Are you really this emotional adam?  |
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Calm, but I predict 300s, then steady rise, no bubble, to 1k again over the next 8mo.
I'm thinking similarly. I am aiming to reenter in the $300-360 range, with bids weighted towards bottom. If it looks to V bottom, I'll market buy in whatever didn't get hit. I think we should rally nicely off there, but I agree, no bubble. Anything is possible. Why no bubble when all of bitcoins preceding history is one of repeated bubbles and bursts? The usual answer is, if you expect a bubble it will not come. I myself am hoping for a bubble What is more likely as a scenario - that the market moves against the group think on this forum. Or that bears get to buy in at a fantastic entry and the price just serenely rises from there with no bubble or burst. LOL. |
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Calm, but I predict 300s, then steady rise, no bubble, to 1k again over the next 8mo.
I'm thinking similarly. I am aiming to reenter in the $300-360 range, with bids weighted towards bottom. If it looks to V bottom, I'll market buy in whatever didn't get hit. I think we should rally nicely off there, but I agree, no bubble. Anything is possible. Why no bubble when all of bitcoins preceding history is one of repeated bubbles and bursts? |
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...you ask your inspiration (risto, for readers who doesn't know)...
His followers think the world of him... [img]shameless FUD[img] Risto's trend line is at ~$2,500 now. There has never been a better time to buy bitcoin! This happens every cycle: everyone becomes convinced that bitcoin is finished, and then it rises again! if anyone said the above, he wouldnt be considered as a troll, but because I speak common sense and use my brain cells I am a troll. well a troll is a common adjective in this sub forum, so be it I am a troll  If you don't like bitcoin, then why don't you just leave? This place is for bitcoin believers... those who can hold and not worry about the price 24 hours a day. If you think bitcoin is going down, then maybe bitcoin isn't for you. We really need the mods to start weeding these trolls out, so much FUD around here. If you dont like people speculating then you are wrong here. It is very obvious that bitcoin is still expensive at these levels and it is people like you pushing others into their despair. Stupid noob. Second Person in ignore in three years. Quite an achievement. Good bye cultist... Why is it very obvious bitcoin is expensive at these levels? It has been higher than these levels nearly the entire year. Oh right - you want to buy back a bit lower where you deem a fair price to be. Good luck! |
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monkey says buy now. i buy.
Yep, nibbled again. Cannot bring myself to take a giant bite yet.. |
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Thank you weak hands!
Yep I have 5% of my net worth sat waiting - i will pull the trigger when the bearishness starts to engulf even me The prevailing conventional wisdom of 90% of the forum posters is that we retest low 300's or even lower. We all know how often the forum gets it right on the big calls. |
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after 6 months + of bear market surely the weak hands have all been shook out?
Now it seems like shorters just attacking despite positive developments.
We can have positive developments and infrastructure investment for a long time and continue to be in a bear market. These things are not necessarily directly related, nor do they occur in a vacuum. The relationship between BTCUSD and the infrastructure of the BTC economy is not immediately clear. People can cite things like Metcalfe's law, but it is not clear that user adoption is (at all) happening to the extent that justifies a valuation on that basis. Both transaction volumes and wallet numbers have risen throughout the year. Infrastructure and seed capital has rocketed in the last twelve months. What metrics other than declining price are you using to justify a falling valuation for bitcoin going forward? |
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Dipped again, bought again. Cheap coins for everyone who wants them!
Obviously no one The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.  Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ? cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained, and come back to me with the answer and I will make it more fun and interesting with few other facts. So what a fair price would be for you? Please don't quote it! |
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There is a lot of certainty on the forum that the price will continue to fall. Other than a downsloping line on a chart what evidence do you have?
Seems far more likely if we hold 440 that we bounce higher to me.
Have fundamentals changed, no. They improve daily.
Obviously the price of btc is heavily skewed by sentiment and manipulated easily. This means the market price can be divorced from reality / oversold a lot longer than something more tangible. Madness of crowds etc.
It will turn back up and everyone who sold will wish they had held or bought more, just like the last four times, unless this time is different!
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16K BTC to $600 VS 17.5K to $100 @ Bitstamp... really comforting.
Crazy stuff. This doesn't exactly seems like a healthy market. Where are all the sells coming from? At any rate, these phases are necessary to further distribute the Bitcoins over the world (cause that is what this is). 24K BTC to $100 and 9K BTC to $600 @ Bitfinex.... I am ignoring the fact that usually when the price move a bit up, more Asks build near the target price..... conclusion: the tension in the crypto market is not healthy at all, it gives me the impression of a coming/near collapse !! Collapse? You must be joking lol. It will not significantly (not that word!) collapse. a "crash" from $460 to $150 is considered a collapse IMO, which is very possible looking to this thin book order. I would sell my house, my car, and all my toys and buy the shit out of bitcoin if we go below 200. Then we likely won't drop anywhere near that far. Noone is even sure why the price continues to slide. Bitcoin looking cheap again that's for sure. |
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sell wall is growing by the minute
expect big drop today $430 should be reasonable.
Perhaps then you can buy in and STFU |
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Final capitulation on sight.
Prices falling.
We are going nowhere but down.
Lose all your hope
Haha |
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Lots of panic in here. Fear palpable. Trolls reactivated.
Stay calm people! We have to go down before we can decisively reverse and get the momo traders onboard.
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Of course it's dropping, there is nobody buying and many people spending them and cashing out for safer investments. There is still a tremendous amount of sell pressure. This will continue for the foreseeable future.
I've seen posts here recently with warnings, but they were soon deleted and users banned. A crazy place, where the smartest people are banned and only the irrational bulls (you know who you are) are allowed to post their crap.
You don't have many accounts left. Careful! |
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ok i quit this forum, again. for the 100th time.
Lol, you lost BTC by trading altcoins, that is why I stopped trading so much with BTC. Only with some coin and it's enough to enjoy trading altcoins. you have no idea....  you'll soon admit the future is hold by ripple my friend. ha! the future is ether, watch and learn. wanna bet ? Ripple is already integrating this bank at the end of october. http://en.wikipedia.org/wiki/City_National_Bank_(California)Dozens of other banks will follow. Game over. Remittance market is done. Codius from RippleLabs close the debate about contracts. GAME OVER! banks!? what banks??? welcome to bitcoin!  Ah so mah was that hugely irritating 'wanna bet' troll earlier in the year? |
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This thread is complete fail...  Better infrastructure.... This is a bitcoin forum. We don't come here to discuss altcoins.. |
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It is getting pretty emotive on here.
Simply suggesting that the price isn't crashing and pointing out that stamp is a mere 3 dollars below this morning gets a proper bashing.
Don't know if that's in response to my answer, but you basically equated "thinking that we're still in a downtrend" with "salivating daytraders". That's bound to get a reaction Ha |
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It is getting pretty emotive on here.
Simply suggesting that the price isn't crashing and pointing out that stamp is a mere 3 dollars below this morning gets a proper bashing.
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Big players are also not generally interested in seeing the value of their holdings evaporate on the whim of lots of small fish day traders. A forty thousand bid wall flicked in and out existence in the low 4xx's last week suggesting serious buying power despite what TA may say.
I've investigated this claim recently (after reading about it on r/bitcoinmarkets) with people who have complete logs of all past orders set on Bitstamp and no trace of this was found. Where did you see this? My guess is it's a bug with the displaying website like I sometimes had happen to me on bitcoinity or clarkmoody. Yeah, I've never seen this "40k wall" either. Sounds like nonsense. Blitz: it was widely discussed on bitcoinmarkets..I can't give you absolute proof (never saw it myself). Derp: You not seeing it means nothing. Just like your perpetual bearish opinion. |
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Stamp at 467, finex at 469.
Listening to this thread we are mid crash. Except we aren't. Just a few salivating day traders hoping for a drop to buy back.
What you said about big players accumulating off exchange and keeping prices from accelerating higher is interesting aminorex. If they are a non malicious actor then precipitating a crash is not in their interests either as it will drastically reduce the value of existing holdings.
Big players are also not generally interested in seeing the value of their holdings evaporate on the whim of lots of small fish day traders. A forty thousand bid wall flicked in and out existence in the low 4xx's last week suggesting serious buying power despite what TA may say.
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