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How is it possible to have such a lag with this smallish volume? What a joke.
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Man, i love to see the title of this topic, "BFL is shipping"
It sounds like Jesus Christ is coming to visit you
But no, I really do not expect my units to arrive anytime soon - I would be really surprised if they arrive this year. I'm the only one with this feeling?
I think I just assume that ordering from BFL is a gamble that I lost big time, I accept it and I move on.
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BTW, what does everyone think the top will be before we dive downwards again?
I say 180
I would feel even more confident about my bitcoin bubble assumptions if the price did not exceed $145 again before the final bottom. I pretty much agree with you again. If we go again to $160 I would be puzzled. Heck, I think the normal thing would be not going over $125 before the final bottom. |
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No, actually if you read it again it fits perfectly.
no, such kind of old (former/abandoned) farm buildings is just typical for old German villages. A caveat though is that this village is in the middle of nowhere in the former Eastern part of Germany, which still is structurally weak. Whatever man, explain that to spaniards - most of them "store" all their wealth in bricks for decades, because all of them believed that "bricks will always hold value", and now they lost 70% of their wealth from 2006 till today, and still going down, and it's almost impossible to sell any house ATM in Spain. Bricks, like everything else, will lose value at some point. |
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Bit boring watching the price right now.
There hardly seems to be any selling. The 124 is relentlessly being pursued. Quite a bit of resistance around 122. Little resistance around 124 - 125, just bears sitting there waiting to be eaten.
I think not much is going to change until late afternoon.
I say Wednesday is the day in which we will see where we are heading at. |
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Anybody who sends money to this company that hasn't provided a single name of who's behind it or an actual physical address is a fuckin' idiot.
This. Not only because there isn't a single name, but because it is an obvious SCAM |
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Ask sum slowly creeping down  |
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I really expect a bigger correction during this week, selling pressure is quite high, and obviously new money stopped pouring in (or it just slowed down when compared to the times we were in parabolic growth).
When traders say that bitcoin has passed from weak hands to strong ones, they are describing a mechanism that prolongs a bubble collapse. Certain traders holding losing positions (the weak hands) stop-loss sell to new buyers who can withstand a bit of a drop (the strong hands), until the latter in turn sell as they become the weak hands - right? I believe that the bubble collapse will take the approximately the same duration as the bubble expansion phase - approximately three months. Plenty of time for more capitulations before the final bottom of this bubble - I think. I have bids all the way down, from $115 to $32. I really don't think they will be all filled (that would be too good to be true, I would be really surprised and pleased if we go below $50), but during the last crash I learned that I have to follow my own lessons. That means that is important not to let greed to take over - I thought I could sell my hard earned BTC during the crash to buy them later cheaper - and I failed miserably selling them at the very bottom, and had to buy back at a considerable loss. I promise this won't happen again. I will just hold on the mofos, and I will take the chance to buy at every dip. |
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So, you think the capitulation is over and we are on the way up?
Man, bulls turning bears and bears turning bulls, I'm really puzzled As everyone here probably knows, I am a long term bull attempting to multiply my bitcoins by trading this bubble, which compels me to adopt bearish tactics as the opportunity presents.  Then we have the same strategy. I'm also trying to multiply my BTC trading this bubble, but not selling any BTC, only buying (last time I tried to sell I sold at $80.5 hoping to buy back at $70ish just a few days ago, you know how that worked out  ) I really expect a bigger correction during this week, selling pressure is quite high, and obviously new money stopped pouring in (or it just slowed down when compared to the times we were in parabolic growth). |
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 It appears to me that the capitulation pattern from $145 to $80 has ended. Three days to fall to $80, and three days to recover back to $124. Question whether the price will surpass $145 or $160 this month - I believe not, based upon the notion that we are in a collapsing bubble. So, you think the capitulation is over and we are on the way up? Man, bulls turning bears and bears turning bulls, I'm really puzzled  |
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Fresh? You have to be kidding me. That is week old news that everyone who is aware of anything around here, is already aware of. Yeah man, sorry about that, I just received the link on a newsletter today and I didn't see the date. |
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I understand most charts, but this one is completely beyond me? Could anyone kindly explain, would be appreciated! Looks interesting lol It's the bid and ask walls. If you go here http://bitcoinity.org/markets you'll see it in 2d. Notice the wall at 125, you can see the ridge in the 3d graph. Those are snapshots of the wall over the last hour. Very little change at the moment. It's taking the 2d walls, making it 3d, and lining them to give you a differnet view. So it projects that the price will top out around $125 and start to fall after that? Not necessarily. It will fall when sentiment turns around and people stop buying / start selling. It will be hard to get past $125 yes but so was $100, $110, $120... so in the end walls mean nothing. Right now most TA hints at a correction - we just can't keep going up, up, up, we're overbought. But the low volume skews the timeframe as of which it will happen. It may just hold for another few days as new money flows in and latecomers buy on the Chinese news, taking us to $130 or maybe higher. However the longer we stay overbought the harder it will correct. I would say that a major correction won't happen until Wednesday. Normally that's the day for both the big rallies or crashes. Don't really know what's the logic in it, but that's how it is usually. |
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Volume ridiculously low for a Monday morning.  |
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What he sold, like 2k coins?
Anyhow, lol at those who said that the wall was a legit buyer who was going to get impatient and start buying with market oders... You don't burn your money putting a $2M wall and chase the price upwards if you really intend to buy, this market is too small to get such a big order at once and at a single spot, without driving the price up.
And to those saying that $2M were the lottery winnings of a new and clueless player... Yeah, definitely, and his $2M appeared suddenly on Gox on a Sunday.
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I wake up and wallzilla is MIA. Anybody knows at which point he unloaded his coins? Maybe he was the one who sold 2k coins at $124?
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everything around BTC is REALLY bullish ATM, no matter how deep is the correction of the parabolic growth from $14 to $266 all the world have just witnessed.
So many of these comments..... so little basis. Little basis? Just check how there's more and more people who is hearing about BTC and UNDERSTANDING it. There's still a decent media coverage on mainstream outlets, and 90% of it is positive, which is quite different from what we had in 2011. Then, a lot of real BTC economy is under construction, and easier and more convenient ways to buy BTC are on its way - this is crucial. Infrastructure is improving, true believers are still believing, and newcomers are starting to grasp BTC's true potential. BTC is in pretty good shape, despite of the recent crash/correction. I think denying this is just foolish. |
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Is it really strange of me to believe that the latest 'crash' to $79 happened because of the lawsuit against MtGox and people speculating on that? And that the current recovery to $115 can be mostly attributed to the positive news from China? It's impossible to tell what would have happened without this news but you can be sure that with something as volatile as bitcoin good or bad news will have a pretty large speculative impact on the price. I wouldn't say that TA is completely useless but whenever any kind of news hits that has speculative value I would not keep staring blindly at the charts and your little wave patterns...
The current price is propped up by the 16,700 BTC bid 'wall' on $100, without that I'm pretty sure things would be very different right now. ATM wall is at $110 and it's 22.67K coins - anyhow only aprox. 17K can be surely assumed to be from a single entity. |
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