Overstock, Expedia, and Newegg are retail places that SELL the coins people spend, PayPal is person to person where people have to BUY bitcoin to send. Not all of those people will then sell coins, therefore there would be buying pressure where with the other there is selling.
It's not that hard to understand.
Thanks for explaining these complex mechanics to me, with all my years of advanced computer science and economics knowledge I never would have come to this conclusion on my own. Let's chat more about this in a few days, weeks, or even months, when the price has exploded upwards like you said because of this seemingly earth-shattering bitcoin news. Mmmmkay? /s Where did I say the price will explode upwards? You sure aren't that smart that you don't even know what I said. Lol
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Hey Fellows! Help me here, I want to remember a famous quote of Nerraw Tteffub or something similar. It begins with "be fearful when...." ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ....when 1% of the people are greedy" ? Not everybody has bitcoin. Yet.
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I have just read the news, let's see if it will have a great impact on the price!
Overstock news, price continues sliding. Expedia news, price continues sliding. NewEgg news, price continues sliding. .... PayPal news, price explodes upwards? Oh totally.. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi2.kym-cdn.com%2Fphotos%2Fimages%2Fnewsfeed%2F000%2F263%2F213%2Fc40.jpg&t=663&c=iVLGowuSOGSEZQ) Overstock, Expedia, and Newegg are retail places that SELL the coins people spend, PayPal is person to person where people have to BUY bitcoin to send. Not all of those people will then sell coins, therefore there would be buying pressure where with the other there is selling. It's not that hard to understand.
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The red depth doesn't looks good. I sense something might happens soon. Someone buying 5k BTC with little slippage? I agree
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I'm not sure how soon, but I completely agree it will be bigger than predicted. Nobody saw the last one coming so there is enough proof right there. Nobody predicting single digits in damn near 2 years has been right, the ones who predicted bubbles on the other hand ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Did someone turn on a mini willy bot?
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"Please stop buying coins! I am trying to buy off market for cheap and you normal people are causing me to spend too much money. I have the right of way here and I am better than you peons!
Thanks, Manipulator"
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Apple's new mobile payment system isn't going to save anyone when the dollar goes to shit.
Also, they can't even secure iCloud and photos, no way in hell I'm using a payment system by them.
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we had some news that EUR is going to be inflating, and the run up it caused in BTC has been Completely negated ASAP (24hours)
this is really shitty. who's this bear and why doesn't he seem to care about the price he gets.
Nothing was negated tbh, there was no huge dump or even big one. People backed off as soon as few hundred coins were sold. People are just scared as they got owned several times in last few weeks. The only way this could rise is if some big boys decide to screw shorters. That would be nice, but at this point, what your saying seems like wishful thinking or maybe just the creation of a bull trap... ? I don't have idea what to think tbh ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) , I was surely expecting another attempt from this level after very strong start yesterday- I am in the same boat... of NOT really knowing and it just seems to be a longshot for any angel whale to come in and rescue BTC prices. Surely this could happen at any time, because we know that there a bunch of whales who are both capable of it and would likely profit from such upward manipulation, if they were to so choose... but it just seems unlikely that they are coming into this space any time soon.. and maybe that is what they want us to think, who knows? Why "save us" when they can buy off market without slippage? Everyone buying knows it will go up eventually, so why waste average buy in price just to be this "angel whale savior". I think there is a possibility that some whale will accumulate and then spend his last 20% of fiat to drive the price up, making him instant profit on his 80%. But when is one done buying? I don't think I will ever stop accumulating.
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Someone is finally selling the coins that were between 510 and 520 on stamp.
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I don't think anybody is in the mood to borrow fiat and go long just yet, and the ones borrowing bitcoin to short better have a trick up their sleeve because it doesn't look like it will turn out well for them.
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I'm a bulltard, but I'm hoping we don't have a bubble this year. I'm still accumulating. If we have a bubble this year it will be my first one with less then 100 coins. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Why did you divest so much? Car, house, go back to college, and take care of my mother. These things cost fiat. Plus I had about 90 physical coins stolen. I would sure have postponed the car and just rent a house. If I knew then what I know now lol. I sold everything but double my investment in the April 13 bubble. Huge mistake.
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I'm a bulltard, but I'm hoping we don't have a bubble this year. I'm still accumulating. If we have a bubble this year it will be my first one with less then 100 coins. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Why did you divest so much? New car, new house, go back to college, and take care of my mother. These things cost fiat. Plus I had about 90 physical coins stolen.
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I'm a bulltard, but I'm hoping we don't have a bubble this year. I'm still accumulating. If we have a bubble this year it will be my first one with less then 100 coins. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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There are obviously buyers at this level, so sell what you got bears!
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Where is your God now shorters?
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Somebody eat that wall at stamp, it's only a million dollars!
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It's working. They want you to get bored and sell your coins. There are only so many out there.
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