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With Coinbase if I buy during a dip, it usually gets cancelled.
With Circle I can buy anytime and get my coins instantly.
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Is it adoption, or just mixing services become more popular ?
Is there any indication that mixing services grow faster than other Bitcoin uses? I don't think so. The news flow suggests that more and more businesses are accepting bitcoin. So it's reasonable to assume that Bitcoin is becoming more popular in general. I agree with OP that price versus Bitcoin use shows a bullish divergence. ya.ya.yo! What if the person who supposedly stole all the gox coins are mixing, causing the adoption rate to climb, and then selling on the exchanges, causing the price to go down? |
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It would be interesting to see if the mere depositing of millions of dollars at the exchange triggered a mysterious unexplained rally  One for the conspiracy crowd there! If thought about this as well. I would just get lawyers to have a meeting with the exchange operators all at the same time around the world, bring in a suit case full of cash, and make sure nobody touches anything while the lawyer and the operator put in market buys at the same time. Otherwise they would front run like crazy knowing you are about to buy it all up. |
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Huobi:
Price 2307
Total asks: 2500 coins
Bids to 2000 8000 coins
Finex:
Price 374
Asks to 404 1800 coins
Bids to 346 10,000 coins
Stamp:
Price 377
Asks to 400 4000 coins
Bids to 350 6000 coins
Shorts 11,000 contracts.
Snapshot of the exchanges shows good visible orderbook support here. Sentiment is at rock bottom but it will take a lot of selling to push through this by the bears/'Manipulator'. Conversely it wouldnt take much to lift us back up over 400. Are there really only 2700 coins on the ask orderbook on huobi when 3800 were sold earlier in a short space of time?
Every single post of this guy: "We are about to go up". Every single post of this guy: "WTF are all you idiots doing?" "You are all f@cking stupid" |
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I am and forever will be long term bullish on Bitcoin. However, I think it is pretty clear right now that there is ZERO confidence in the markets. It is pathetic that we cannot even stabilize above $430 after what happened the other day. Many weak hands are scared and leaving the market. Scared money doesn't make money, so please let me have more of your cheap coins  I think we will see $375 and stay around 4xx for a long time though before anything jumps off again. Im fine with this... more "cheap" coins for me too. As long as adoption rate continues to climb I am happy. Price is being kept artificially low, wether it be manipulation or loss of faith. After that is done.... we all know what is going to happen. |
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Greed.
The only way to get "cheap" coins is to push the price down.
I believe its mining companies trying to run the small timers out of the mining business. Therefore they get a larger hash rate and get more coin. They shorted a ton, dropped the price, and are now able to mine more and even buy more at lower prices.
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I will trust no company that mines its own coin. If miners (the public) get to mine them, then whats the point? Might as well use bitcoin, the biggest computer hashing network ever known to man.
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I'm not even sure there are enough bitcoins out there for you to buy, at least on the exchanges.
You would have to make a deal OTC with large holders, merchants, and miners.
I had a dream once that I won the Powerball, $250M USD and market bought every coin on the exchange up to the ATH. Completely effing over the whale bear thats been putting up large walls lately.
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I bought from them twice today, once about 2 hours ago with no delays.
Maybe it is a problem with a particular credit card or bank?
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Once people NEED bitcoin, Circle will become the killer application.
I've used it several times already and love how easy it is.
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If you have money on paypal, just get a paypal debit card and use it on Circle.com to buy coins.
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The last ATH was in May and nothing happened.
Hopefully this time it's different.
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You don't lose until you sell.
Those who bought at $32 were saying the same thing until we crossed it, those who bought at $266 said the same thing until we crossed it, those who bought at $1200 said the same thing until....
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Another butthurt weak minded weak hand.
I'm loving this downtrend as I get more chances to buy at not ATH prices, but shit I would love to be at a new ATH so these weak hands would just shut the hell up with their nonsense.
Everything OP said was said after the 32 bubble and after the 266 bubble. AND LOOK WHAT HAPPENED! A NEW ATH WAS REACHED ONCE AGAIN!
So sell all your coins, your stupidity will cause you to lose out on future profits. But I will not!
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I hardly see anyone cheering anymore every time we go down. What's the problem? Are all these cheap coins not so much fun anymore?
because there is no such thing called "cheap coins", coins will be cheaper and cheaper therefore less and less people want it those who yelling for "cheap coins" are permabulls or scammers, that's why only few trolls are cheering about it
+1The permabulls you're talking about are just miners dumping their coins like no tomorrow & they're trying to get suckers to buy them for as expensive as possible! Perma bull here. I don't mine. Permabull here. I mine and don't sell. |
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I would love to have another year to accumulate more coins. I could easily triple my stash by then.
But I don't see it going that long without a bubble, even if it's a small one.
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Look for the breakout the coming days
Times of cheap coins are soon over!
you heard it lads, can't argue with that  Lol. I am one of the "cultist" bulls, and I don't see us going anywhere until this mega bear is done. |
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We are going down because someone is trying hard to run miners out of business. This way they can obtain a bigger piece of the total hashrate. The longer they keep the price down the more miners that will turn off their machines and the more coins this entity will get. It's like wal mart coming in with their cheap prices trying to run all the neighborhood stores out of business to obtain the market share. How long they will be able to do this is not known.
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Oh look the 390 wall is back. It's as if someone has a schedule to move the price and even if someone buys into them they just bring in more coins and continue without a hitch. They should have just used a reverse willy bot.
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I don't think Circle could handle the amount of volume that would come from having a TV commercial.... YET.
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