Have you traded futures yet bja? Moves like today can make your mortgage payment for 6 months in 5 minutes.

8.5k to $280 on Finex, buy pressure deffo abating 

I've got to say, I'm impressed with the bids filling in on Polo, someone just added 30k xmr (50btc) at 0.00712. I really thought we were going to let this drop a bit more but it seems that nobody really wants to sell.

Auction coins are on the move.

Well someones feeling bullish again and has turned their 1 xmr/2 secs buy bot back on lol 

Wouldn't call it foolish, if we continue on the current trend line there is plenty of room to go back to around $250 and make a fair few coins. I posted days ago that I thought we would go back to around $280 then drop off to around $260 before attacking $300. Most traders  have $305ish as their next target but you know what happens when everyone's longed out waiting for it to get there. Your right its not dropping at the moment its consolidating with higher lows and lower highs since the spike to $294.

I'm trying my best to be bullish, which I am long term (ie I think 160 was the bottom)  but just look at this. 

http://bfxdata.com/sentiment/longshort.php

No way Mr Market Maker is gonna stand for that.

This is the majority of people in here.

https://www.youtube.com/watch?v=9Lx90gU_KBc

That's just what's under yesterdays high already. No need to try and put words in my mouth. The idea put forward is that there are very little for sale. That's just not true, ~250 btc's worth to just over 0.002 . Incidentally that's the whole bid depth at the time of writing.

There are plenty for sale. 40btc worth under the previous high 24 hours after hitting it.

Thats if there's any left at all. I'd hate to thing how much money has been spent on legal fees et al.

Thats the hope, gonna take a fair few btc to do it though.

Ah you again. So speculating anything is trying to make markets now. I'm not trying to be a market maker at all. I don't need to be when theres someone doing it for us.

Must of missed the bit where you "proved me wrong"   Guessing your talking about disagreeing about the legnth of time that constitutes short term which as I said is completely objective. Oh and if your talking about my predicition that we wouldn't break the short term high, you didnt prove me wrong my friend the market did.

Just follow its easy. Close to 60% profits to anybody who bought at announcement and sold in the last 18 hours. Just look at the volume dropout for today. Someones stopped buying...

Because people follow him. He's like a market maker.

Ill break down exactly what Im SPECULATING is happening. LET ME MAKE IT CLEAR ALSO THAT THIS IS IN NO WAY A DIG AT RISTO, I LIKE HIM.

He announces the price will now rise. Not a hard predicition to make when your going to start buying. Begins buying along with the other people who see announcement. Price rises and everyones frothing at the mouth about how great of a prediction it was adding credability to what he says. The hubris takes us up to around December high. He realises he's the only one really buying still. (at this point lots of people are selling for 60%+ profit). Then comes on here and announces Im bearish for such and such a reason to explain why the price then drops because hes stopped buying. Anouncing Im bearish also makes the people who blindly follow then sell, adding to the drop and again adding credibility to what he says.
 My point is its not hard to predict the market when your making the majority of buys and then letting it fall when you stop.
Im not saying he's the only one at all but certainly the main one hence why now he's stopped buying it will go back down. I'd love to be proved wrong, please everyone buy it up lets break the December high without Ristos buying but in my opinion its not going to happen soon.

What I said was phrased as a question. Speculating on whether he stops buying now which I think he has and we drop like a stone again.
Its called a speculation thread not a confirmation thread.

And ~65% below where he stopped buying last time.

When we dropped from the ~0.005 area was when he said we would never see below 0.004 again went up a bit above that realised that it was going down, stopped buying then ensued the drop ~80% to our lows around 0.001 and below. By all means buy it up and prove me wrong. I'd quite like that...

So is this gonna end exactly the same as always. Risto stops buying and price drops like a stone....

No.

Several reasons.

Firstly you wont get results the best you will get is something like this. https://bitcoinmagazine.com/19512/us-marshals-auction-participant-price-not-significantly-market/

People who didnt win saying what they think etc. That article tells you they didnt go for any less than $220.

Secondly people who think that the coins would be dumped just don't understand the sort of people who are bidding. They are investment firms etc that have no interest in just dumping on the market for a few thousand $ profit, they are after liquidity for their ventures. The fact the coins come from the government is a big plus, they get a receipt for their coins from the US gov. How much more legit from a business perspective can you get? This coupled with that fact the auction process is long winded and difficult but trusted compared to wiring millions to an exchange of people you dont know in hong kong means they just aren't going to be dumped.

MIT Bitcoin Expo Starting now

https://www.youtube.com/watch?v=lIgjogLipvk

Very interested in what will happen in the next couple of days. I still think we need to go down as I said in the trollbox yesterday but the fact that people are saying they want it to go down just means we're looking to buy and are in fact more likely to go up. It feels toppy but only because we're at the December high. If we push pass this in the next couple of days it could really rip upwards. Just can't decide whether to do it or not.