I saw those post but come on we all know some thing else caused the drop , Huobi didn't even budge.
Just someone decided to sell those BTC1200? I don't know, but the volume on stamp was 737btc in one minute. The two minutes before is were 80 and 100btc. The minutes before it were 20btc, 4btc, <4btc. So I think somebody sold arount 750-900btc. Why do people do that? Why at once? probably just panic |
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Massive drop
panicking from the 51% attack FUD . . ? |
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Whose up for chartbuddy giving us stamp instead of gox?
+1 or both? |
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its very clear to anyone not in euphoria that the chinese are pumping BTC to unload it on you guys soon
you will be the last bagholders of BTC
anyone who is risking more than they can afford to lose should get out now
Chinese exchanges are FOLLOWING the leads of the Western exchanges. Their volume is quite low too compared to MtGox, BitStamp, BTC-E. So, I really don't think they are in any shape or form to have to ability to pump and dump. The rise in bitcoin price is an organic nature: market is anticipating the Wallstreet entry, the Christmas Syndrome (where bitcoiners tell their aunts, uncles, nephews/nieces/whatnots and they all to buy in), etc... China syndrome is over, they may have led the world to where bitcoin is now but their time is past, it's back to the US and the Europeans to lead. How do you get that Chinese exchange's volumes are low compared to gox, stamp, etc? http://bitcoinity.org/markets/list?currency=ALL&span=24hhttp://btckan.com/price |
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yay, choo choo, but I'm really not comfortable with the significant break outs being led by Huobi, as was the case here. It feels like thin ice
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I got the impression that the last time the alts, including LTC pumped, BTC soon followed. Seems counter-intuitive so I've been assume that I was wrong, but did anyone else notice it last time?
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ofc i have been wrong many times, this is bitcoin, trading is hard shit to pull right
i don't think we will break 720 at stamp
Do you think christmas buyers will sober up so soon? volume is already going down and 720 is major resistant, last big top and market is way overbought fair. Also, Gox is coming up against resistance at the same time. However, I'm not so sure about it pulling back to below ~670 with this trend reversal |
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i don't think we will break 720 at stamp
Do you think christmas buyers will sober up so soon? |
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I'm afraid we're going to have to build up some serious buying pressure, before we can make another attempt to break $1000.
all in good time. It's not surprising to see reluctance to buy at the moment. It's the kind of thing that will pick up gradually. Volume's not actually that bad considering how many people have already played their hands |
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we're all expecting a dip. You know what that means . . .
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Schrödinger's cat bounce.   |
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ok so above 900 in the next few hours?
for bitstamp, yes, and not before a bit more of a lenghy but not too deep dip |
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estimates for the next turn?
I'm guessing it won't get as far as testing 800, but will get close, before trying to burst Stamp's $900 again. If not, it's a big bull trap and we headed to 600s.
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What a crap Gox is down, perfect time to sell and buy in later
Stamp down too it seems Stamp is working fine for me hmm, better now. wee hickup |
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What a crap Gox is down, perfect time to sell and buy in later
Stamp down too it seems edit: or at least too sluggish to use |
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My guess is we get another wave of selling, while it's still advantageous to do so before Monday's western exchange fiat begins to arrive. You have a very strange definition of "advantageous". Are those who are selling people who just want to throw money away by selling low today instead of high tomorrow? Maybe some big players/manipulators want even more cheap coins, and might not have bought back in yet. Demoralising the market with another successful sell off would place them well for buying back lower, though I recognise that it's a risky idea given some of the strong resistance demonstrated |
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possible explanation for china tending to less bearish: they can transfer fiat into the exchanges, 24/7.
Now awaiting the completion of this triangle. My guess is we get another wave of selling, while it's still advantageous to do so before Monday's western exchange fiat begins to arrive.
If I'm wrong, no matter as I'm set up to be content whether it rises or falls
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