We will visit sub $100 soon enough  |
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So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..
If even death code is turning bearish, as he is predicting a lower bottom than we have had today, is really the time to buy, guys. Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy!  I think you misunderstood my comment. I'm predicting higher and higher crashes just by looking at the history of the most notorious crashes. 2011 crash ~$32 to ~$0.02 Fork Crash ~$50 to ~$32 Big High crash $266 to $55 Last Crash ~$140 to $79 My prediction is a crash in the 95-100 range for the next "big" crash and then another crash on the $130-$150 I'm not bearish at all, I'm just stating facts based on the crashes that we've had. Feel free to correct me if you think I'm wrong. You are right. I was just stating the fact that now everybody is predicting a crash below where we just corrected (we went to $110 from $124), everybody is expecting cheaper coins than the current price, even if it's for a moment. Before April 10th, as soon as we moved from a psychological barrier (say $100) the most common post was "wow, we're going to the moon, my investment just went x10, buy buy buy"! The feeling just changed, i know its obvious, but Is entertaining nevertheless |
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So where is all the dumping from yesterdays monumental wall owner?
I guess this is bragging, but turns out I was right, we are 15 usd past it. What happened to all those 'obvious manipulations'?
Two little walls at 124 and 125, the latter have been there all day, I don't think the market will move outside the 110~122 for a while. A climb of a couple of dollar for today. I for one am fine with this progress.
Nice timing with your comment. Just read the charTs, Wallzilla dumped 2.000 coins earlier today, just after removing his huge bid - he got an average price of $117ish. So he successfully got at least a 17% more from his coins than he would before his little pump. If you think that 17% in a day is peanuts and it's not worth it... Well, then you are in denial and i suspect thats because you are long - am I wrong? |
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So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..
If even death code is turning bearish, as he is predicting a lower bottom than we have had today, is really the time to buy, guys. Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy! |
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Can I buy sub-100 back or no??  I believe yes, but unfortunately not much lower. Being short of BTC is quite a bad feeling, isn't it? |
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This is the first time I've ever been a real bear before. I just sold all my remaining Bitcoins. Still predicting a drop for tommorow.  Being a bear is actually quite crappy, being bullish is much more fun. being a bear rocks. You just get cheaper coins on every dip. Just don't sell any coins, buy them. Errrr... Maybe I got wrong the bear definition and in fact I'm a bull? |
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@bitcoin_bob does your girlfriend live in germany? How will you handle the deal? She has to come over at least one time
She has a power of attorney with her lawyer who deals with everything in Germany on her behalf. Picture of my Girlfriend? No problem, I will start a new auction, does she have to show her tits to escrow so they can verify she has tits before you send money or does she show tits and trust you will make payment if satisfied  Now we are speaking, man! No escrow for that - but she shows first |
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$50-$80 would hurt?
Cheap coins never hurt.
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@bitcoin_bob does your girlfriend live in germany? How will you handle the deal? She has to come over at least one time
Pics of your girlfriend or it didn't happen (sorry, I couldn't help myself) |
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Do you see the sudden drop in the Bid Sum from Monday? That was most likely wallzilla taking down his wall to buy coins. You see the sudden spike in the Ask Sum for today? That is likely wallzilla putting his new coins on the order book. He must have spread them out for profit taking instead of a huge sell wall that would likely take time to sell through. It DOES NOT mean he is going to take down all those orders he just placed and market dump. True bears will come out of nowhere and drop 15k coins. I didn't see the wallzilla buying $2M coins in market orders earlier today, sorry. That would have triggered quite of a rally. In fact, what I saw is a BTC2Kish dump just immediately after wallzilla removed his bids (you can see it on ask sum graph too). IMO, we should be testing $100 soon. You actually lose money market buying or market selling, compared to setting up a wall and waiting. Well, wallzilla was waiting on the crazy typical bear to come along over the weekend, and he didn't. So he took down his wall. That we know. What we don't know is what happened next with him. Did he just make small buy orders multiple times and now has all his coins on the sell side? That's what I think, and not some random bear adding 2 mil to the ask side to drive the price down. If he did what you said and just "gave up" and took down his wall, that is even more scary, to know that there is that much cash waiting off the books to ride this thing upwards. And if that is the case, then it's very bullish. Lets just say he sees the price go down to 110, where he had his wall, do you think he will just keep letting it fall? Close to 100 like you say? I doubt it, unless he is stupid, which makes me wonder where he got that cash from if he is that stupid. He would put up his wall again and get the coins he was looking for. But I think he has them already, even if he didn't get them until we got in the 120 range. Wallzilla, if you are out there, put your wall back up, so we know what is going on. If he does, then it's obvious my opinion was wrong. If we keep moving up, something tells me he who has 2 million is smart enough to already be on the train. Man, wake up. Wallzilla intention was to SELL, not to BUY. You don't place a $2M bid just $5 below spot in the real world, if your real intention is to buy. And you don't keep pushing it up, because a 10% of $2M is A LOT of money, for you, me and all the rich guys around. With that kind of wall you are only pushing the price up, everybody knows that - and no, the theory of the clueless guy who just received his lottery winnings on Gox (on a Sunday ) is just utter BS. That's how the market works: you want to sell a big chunk and your loaded with fiat, you place a huge wall trying to push the price up and to create depth around your wall. You want to buy low and you have a lot of coins, you put a huge ASK wall to push the price down. If you really want to buy $2M coins, you just place smaller bids all over a certain price range. Putting 10% of the total amount of fiat sitting on Gox in a single spot means only one thing: your real intention is to sell. |
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Come on guys, bid this mofos UP, so you make rich TruCoin and all the ones that mined the coin during its first hour of life.
Because yeah, this coin is so different, so new, so great, that we will all dump BTC for BTB, and the ones lucky enough to buy BTB today will be all set for life.
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So, you want us to buy a house but you wont even give us the address?
Hmm...
Who is this 'us' Mr goat, are you now representing 'we the people'. Your offhanded comments about how you 'highly doubt' the German legal system will recognise something, yet you have know knowledge of German law, continued spam questioning of me about escrow yet providing no answers, and now after I have said that anyone who PMs me who wants to seriously bid are welcome to the address, but I don't want it on open forum (care to post your address Mr Goat?) Neither may the future purchaser either, and you respond with 'wont even give us the address'...... can you please stop acting like you are the BitAuction Police or Satoshi's right hand man/a high court judge of the German court/Goat Scam Police Department (GSPD?) or whatever it is you think you are. Many thanks  EDIT: actually rant on, Just found out via PM there is such a thing as an IGNORE button. Click.....ahhhh.....relax..... Why would ignore someone that sounds very interested in your property, just does not make sense. Yeah, I was thinking about that too. OP, rethink your position, Goat is no troll and no scammer, and he is demonstrating real interest in your house - just chill out and understand that his concerns are legit. |
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I agree they will get cheaper and cheaper for many months to come.
We're still far from the bottom of the real state bubble. When the average spaniard will be able to buy a decent flat in a city devoting 30% of their net monthly income to pay a mortgage of maximum 15 years duration, that will be a reasonable price - and probably the bottom. And we are very far away from that.
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Beware: aprox. BTC15K just appeared on the order book. That could be a nice round of bullets for the bears, prepare your bids and fasten your seat belts.  Do you see the sudden drop in the Bid Sum from Monday? That was most likely wallzilla taking down his wall to buy coins. You see the sudden spike in the Ask Sum for today? That is likely wallzilla putting his new coins on the order book. He must have spread them out for profit taking instead of a huge sell wall that would likely take time to sell through. It DOES NOT mean he is going to take down all those orders he just placed and market dump. True bears will come out of nowhere and drop 15k coins. I didn't see the wallzilla buying $2M coins in market orders earlier today, sorry. That would have triggered quite of a rally. In fact, what I saw is a BTC2Kish dump just immediately after wallzilla removed his bids (you can see it on ask sum graph too). IMO, we should be testing $100 soon. |
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Yeah man, 10 of these USB is 20BTC or $2.4K at current exchange rate. A bargain indeed.
This could make sense as a present, or as a funny toy... I really love the gadget itself. But come on, running ten of them, knowing they will never ROI... Why? What's the purpose?
Have them mine while we find the right price... I'm tired of hearing about this, I call for a no reserve auction NOW !!!I'm just saying that I think it's pointless to have 10 of these guys mining because of their price per MH/s. I think we all agree that these are not intended to be a mining investment, but a cool toy - I think even friedcat agrees on that by how he presented the product in the OP. Thus, I can understand buying some of these as a curiosity, as a gift, etc. etc. etc... But to run them in a "semi-pro" way in a big USB hub is pointless IMHO, who is really going to do that? Frankly: are you? |
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ProfMac is right, Pistachio. You bought from him a % of his machine, and he is entitled to do whatever he wants with his money.
Nevertheless, I still think using the blockchain to bid in an auction is too confusing - but that's not the point now.
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 5$ (power supply not included) Yeah man, 10 of these USB is 20BTC or $2.4K at current exchange rate. A bargain indeed. This could make sense as a present, or as a funny toy... I really love the gadget itself. But come on, running ten of them, knowing they will never ROI... Why? What's the purpose? |
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Looks like there is quite a lot of selling pressure. I guess we will know where we are standing at on Wednesday night.   |
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We had a bulls vs bears battle with high volume just a couple hours ago. Now volume is so tiny this looks like a weekend, and the price stays put at $120ish Like both bears and bulls are kinda scared  |
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Beware: aprox. BTC15K just appeared on the order book. That could be a nice round of bullets for the bears, prepare your bids and fasten your seat belts.
Where are you seeing that? I still see the total sales at 172k. The only wall is 2k at $130. (I'm looking at ClarkMoody) I am really careful of that order book (market depth is the same I think?) as that is where the psychological manipulation occurs. If someone wants to bring things down, they will just put out a sale at market and then add to it, no? Maybe a bit of both? I see it in the chart below. Note the sudden vertical spike (which means that belongs to a single entity) that goes from BTC160k to BTC175k in the ask sum graph. We usually see such movements before dumps, but this is not always happening. As always, walls/bids/ask can just vanish as they came. |
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