Can somebody explain for a german what you often mean with bears and bulls? Bulls are the big guys and bears the small guys?  bears act to push the price down, bulls act to push the price up. |
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right on queue, the wires hit gox and we are off to the races!
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btc china @1785 cny - 288 usd
I dont usually get tempted by arbitrage, but this is getting quite interesting. |
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yeah, eToro will likely launch before them though |
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Maybe we can relax here, catch our breath a little while?
3 hours more, enjoy it while it last lol. |
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Chinese are setting the standard yet again.
Indeed, 1680 yuan= $271 USD |
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Millionaires that are say 35+ would not see BitCoin as a wise investment... Millionaires in their 20's probably would.
Trust me, there are enough 35+ millionaires who are seeking to invest in bitcoin. Also, there are plenty of 20+ who became millionares because of bitcoin. Not everyone over 35 is inept. Cypher is a boomer and he is probably swimming like scrooge mcduck at the moment. |
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Anyone want to hazard a guess where today is going to end up at?
somewhere on a yacht? zing! |
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Thats because these are the days that the bears committed seppuku by trying to cause a panic, but the bulls were just too strong. Then once they were out of the way, the bulls kept on and the bears had to catch up. The cycle has repeated over and over again just making the rate of increase stronger. Blaming the mythical bear conspiracy for keeping the price down, now... I bet you'll be blaming them and imploring everyone to STOP SELLING! IF WE JUST STOP SELLING! on the way down, too... where have I seen this before? Theres nothing mythical about it. There are plenty of people around here who readily admit that they sold their coins at 13 (and other prices) anticipating a drop. That's a far cry from "trying to cause a panic" and "the bulls were just too strong." That sounds like some garbage the Norks would say about America. Anticipating a drop and trying to create a drop are nearly the same thing, just depends on your level of aggression and willingness to do market orders vs. limit orders. Maybe you are new around here and dont remember what it was like after the price fell from 16, but there were very itchy sell fingers who were burned. |
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Thats because these are the days that the bears committed seppuku by trying to cause a panic, but the bulls were just too strong. Then once they were out of the way, the bulls kept on and the bears had to catch up. The cycle has repeated over and over again just making the rate of increase stronger. Blaming the mythical bear conspiracy for keeping the price down, now... I bet you'll be blaming them and imploring everyone to STOP SELLING! IF WE JUST STOP SELLING! on the way down, too... where have I seen this before? Theres nothing mythical about it. There are plenty of people around here who readily admit that they sold their coins at 13 (and other prices) anticipating a drop. |
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Maybe we can't predict the burst because all it takes is a coincidence: few large bears/hoarders decide it's time to cash-out in the same minute.
 It looks like there are large nets set up to catch selloffs (and buyups.) The highest volume days seem to result in screw all price movement, while the lower volume days are the ones that cause moves. Tis a strange economy. Thats because these are the days that the bears committed seppuku by trying to cause a panic, but the bulls were just too strong. Then once they were out of the way, the bulls kept on and the bears had to catch up. The cycle has repeated over and over again just making the rate of increase stronger. |
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The bears are not dead...  |
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The Chinese will thank bears for their coins.
This. |
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i was 14,250 in gox queue on Saturday, now i'm 11,800
wow. if thats true and they are still at 15,000 they are processing over 1k apps per day?? even on the weekend? |
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 Nice pipes dude. |
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Its saturday at midnight (PST), we aren't breaking $150.
The bitcoin world is not so slowly moving away from america-centrism, so yeah the ATH is going down today. |
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