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I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.
Possible breakout at 2350$ support.
2350$ is past already. Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started  |
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I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.
Possible breakout at 2350$ support.
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Correction is done, it should go up again.
We're sitting right on the 100 EMA on the 4H chart. Should be a decent support. But I would wait and see another day or 2. Hell yeah. It will be a long weekend... |
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This correction looks quite healthy, price was going into bubble zone but finally the drop appeared, later than what i expected but still in a good place. I had to sell a small % of my btc just to take some profits and hodl my last investment without risks. But i freaking hate to sell. Buying the dips is a LOT easier. As i needed to sell, i was looking to do it in a good place to get a chance to enter again in a lower level. I expected a correction between 2400/2500$, but it gone further to 2800$ and dropped to 2200$, so it was not smart to buy again. Now here i am with my stinky fiat, but at least i have some bucks ready to spend just in case it drops and tries the 2000$ support . |
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The acceleration of the price is subtly increasing. Few days ago, price was going up 50$ every 24h, and now it is 100$+ per day lol
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I have a feeling that bitcoin will go up to 1400... what do you guys think ?
I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else. You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol. This market is a trainwreck. What the hell am I even looking at? A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash". Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care. Can't wait to see what excuse the exchanges come up with when this thing blows up:   You are perfectly right. Similar situation full of disbalances however did not prevent bubble back in 2013  and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning. you guys' FUD pretty funny and outlandish. Not gonna work though, sorry. Try again, lol. As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol. Do you really think bitfinex would be the world's biggest exchange if every dollar there was a usdt joke token? The price is because real dollars aren't going in or out. Hopefully you have a little more comeback when they go belly up with real dollars but I'll believe it when I see it. Only poloniex is pure usdt. I agree, Bitfinex is a "sleeping" exchange, and it can not be considered a real BTC/USD price indicator right now, and of course i dont have any fund waiting there. USD can not be withdraw from there, but you can do it with USDT, so the price is forced to be based in USDT. What i mean with all this stuff is bitfinex is not going to doom bitcoin with this way, because you can move your coins to another exchange and trade them for real USD. So this is not the same than chinese exchanges where every few time you were not allowed to withdraw ANYTHING, causing the other markets to crash as hell. |
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I have a feeling that bitcoin will go up to 1400... what do you guys think ?
I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else. You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol. This market is a trainwreck. What the hell am I even looking at? A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash". Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care. Can't wait to see what excuse the exchanges come up with when this thing blows up: You are perfectly right. Similar situation full of disbalances however did not prevent bubble back in 2013 and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning. you guys' FUD pretty funny and outlandish. Not gonna work though, sorry. Try again, lol. As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol. |
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With this climate it could be a dead cat bounce indeed.
Than again, those tokens finex made may have turned the tables on value? lol idk, but I'm getting fomo heh Approaching $1050 now, if this is a dead cat I suspect now is the time to dump  Update: already $1050+ on some exchanges heh  Price could not find support at 950$, created another support at 975$ and then the bullrun started. Seems a good signal that the bear fest has finished. |
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Price tested the original uptrend (oct 2016) and sub 1000$ support and rebounced pretty fast. If it does not go down until tomorrow, it is very possible bitcoin will recovery itself steadily and continue its cycle. The ETF was going to make us rich in few days if approved but it was not to fuck it entirely because a denial. Bitcoin is stronger than that.  |
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the newbies become a better quality since a few month...  It's because they're not real newbies. The price has suffered a bit of a dump so seasoned, experienced bears, trolls & FUDSTERS create new accounts & come to preach impending doom & the end of bitcoin. You should know the drill by now bro. Well, I bought my first BTC at 14$ as an experiment, Hodled since that, survived in Gox, and have been watching this thread since the big dump in 2013. I did not want to post until another hype cycle was evident, so i bought again @900$ and decided to finally open an account here. Never wanted to spread FUD in any way, i had to deal with that shit these last years.. i really regret not buying more the first time, but i was too young and unexperienced 90% of people saying the train is going to go backwards is a troll who did a bad bet the same day of the post. The rest are ppl contrasting too much useless info, never forget the nature of bitcoin is to go up |
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Price is trying some support points (as the old ATH) between 1150$ - 1130$, let's see if it can tank there.
Win. Good morning bitcoinland |
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Price is trying some support points (as the old ATH) between 1150$ - 1130$, let's see if it can tank there.
right, I get the feeling if tomorrow night we are in this mid 11xx range, we are in good shape, and despite poeple anticipating the ETF being rejected, overall the market is still a strong bull, nothing can stop this train, ETF rejection crash is gonna be very nice buy opt thats all. I could not find any solid proof about the ETF being approved/rejected, so i think the non hodler people's fear of a possible reject of it makes them opting to going short on btc, anyways this was expected because this last rally from later january was going up too fast before the decision. So let's hope all the weak hands are out and the price keeps more steady until that. Also pray for no more BUllshit, at least until that |
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Price is trying some support points (as the old ATH) between 1150$ - 1130$, let's see if it can tank there.
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I did help a friend buy some in 2014 at $600, who sold at just over $200 because he couldn't stomach the drop. Never again.
I considered recommending it in the $200s, but thought better of it. Most people will hold a hidden resentment against you if it drops, and their loss will become your burden. ... and it can be even weirder than that. Many people will also resent you if you recommend a winner and they don't buy and it goes up ... basically any time you put yourself in the situation of "i'm right, you're wrong" or "i'm wrong, you're right" and there's financial advantage involved, they will resent you ... it's lose-lose. Strangely, if you charge them exorbitant fees and call yourself a "financial adviser" all that burden goes away and you can gamble with their funds like a drunken sailor. Yeah, Friends&Family and financial advice is a VERY difficult subject. True fact. Just today my father said me that i should sell a portion, and thinking in it better i passed to explain him my expectatives lol. |
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Possible floor at @1939$ on stamp, let's check it again after some hours. That was the Gold price this morning (1934$ right now), so it can be a good signal that the markets approve that btc > gold, but let's see if it is in the short term or in the long one. Btw what are now saying those gold-supporter twitter accounts bearing about btc? $1939? Back from the Future part unknown? maybe some other $$, not USD Shit, reedited lol, i meant 1239$. Watching this thread from early 2013 but i am a noob posting  |
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Possible floor at @1239$ on stamp, let's check it again after some hours. That was the Gold price this morning (1234$ right now), so it can be a good signal that the markets approve that btc > gold, but let's see if it is in the short term or in the long one. Btw what are now saying those gold-supporter twitter accounts bearing about btc? |
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