Whats going on? Itīs going down again when it has to goes up.
All sign on downside, so not expect upside, atleast for a this week. The problem is that we have no volume at all, so single 1k dump makes price go down alot :/ we are down to 619 from 621... not too bad for a 1k btc dump imho Exactly what I'm thinking. It's really not that bad. Just wait until the rush mid next week begins! Why there would be a rush exactly mid next week? |
|
|
|
Whats going on? Itīs going down again when it has to goes up.
Bubble delayed. |
|
|
|
For anyone who doesn't follow alts, although two days ago was better, XMR is a solid buy at the moment. Some serious money going into it.
Monero looks like great new P&D coin and you are doing here just that  Thats exactly what its not due to the emmision curve etc. Im not pumpin Im saying its a solid buy due to the general trend being reversed, someone in this thread mentioned it to me months ago and thats what got me started in it so I was grateful for that. There are lots of people in XMR who don't normally buy any alts and its one of the first coins thats not based on Bitcoin. You don't have to be interested Looks like this pump is going very well in last two hours. Good for all of you Not saying that it is shitty coin  |
|
|
|
Drop should start on 19h or 20th. And when Bitfinex starts executing its new rules on 21th we will have a perfect storm.  Bitfinex on the 21st doesnt mean anything. People dont have to close their open positions, its just new ones that are affected. There are plenty of other better exchanges than bitfinex anyway so who cares. Really? Name 3 better than BFX. |
|
|
|
For anyone who doesn't follow alts, although two days ago was better, XMR is a solid buy at the moment. Some serious money going into it.
Monero looks like great new P&D coin and you are doing here just that |
|
|
|
Add a long term bull trend line and we are obviously at very critical point.
The next few days for bitcoin are criticalTM  Truest post of the day Truth is, bitcoin could not care less about lines, rectangles, circles and numbers that we draw on it's price graph; unlike stock market, it does not have a board of directors to explain weak performance to - it just exists, while we silly humans try to make sense or profit out of it. Really???  Although generally I like and agree with most of your comments... |
|
|
|
I cannot believe the amount of Risto ball gurgling that takes place in this sub-forum. Jelly much?
He's called every market movement within days and has basically never been wrong about bitcoin in his life. Yes he has and he has been wrong many many times. Hey Matt. Welcome back! Are you long, short, or flat now? Yes, that would be really nice to know, pretty reliable inditcator... |
|
|
|
|
dnaleor, where do you trade Monero? Isn't this bitcoinwisdom chart? Can't find ticker there...
|
|
|
|
Richy_T yea, you are right. |
|
|
|
Fantastic. I was waiting for 1000 for a new laptop but they have a discount on the one I want right now and now this. It's like Bitcoin being at 700. May have to bite. FYI this is $10 discount for $500 - $1k notebook. 10% to max $100. Overal 1-2%. |
|
|
|
The market could easily move up 70-150 in a day.
I agree, but I hope you have $20M on the table to bring it. Every high is lower in we have no power... But I agree, things can turn around in hours, but nothing is showing this to happen in the coming days... GABI? Institutional money is already moving to get in, and more than 20 million will buy in to front run the GABI launch on August 1st. Yea, "institutional money is moving in for more than half year now" and look how strong the uptrend is... blah. |
|
|
|
The market could easily move up 70-150 in a day.
I agree, but I hope you have $20M on the table to bring it. Every high is lower in we have no power... But I agree, things can turn around in hours, but nothing is showing this to happen in the coming days... |
|
|
|
Is it me or is selling all your coins at the moment to hopefully buy back in cheaper next week highly risky?
I have less than 12 coins and at this current moment I wouldn't dare to sell even 1.
At this current moment the upward potential by far outweighs the chance of buying in a tiny bit cheaper along with the chance of missing out and/or having to panic buy back in at a higher price.
Also you don't lose money unless you sell at a loss, by holding in a small temporary downwards movement you don't lose anything.
We just broke 2 year bullish trend, have no buying power visible and also good news don't effect the price at all. We didn't have a bad news for a long time, we forgot the feeling... If anyone sold short term (weeks) be careful for high up volume, otherwise not so so risky. There won't be moon here next week. |
|
|
|
Crashing into the low 500s by this time next week. The pressure seems to be more towards the downside and we all know that there is bad news coming -- Bitfinex isn't prepared for the 21st, Lawsky... even if it turns out to be good news... will be confusing enough to seem like bad news initially, China seems bored, and the degree of market manipulation has seemed to intensify as of late. Sprinkle a little FUD on top of this along with the larger batch of Silk Road coins strung around the market's next like an albatross (and the fact that we had a bump following not even really knowing what the bid price was on the smaller batch bitcoin auction... we just extrapolated out our backsides). Oh yes, and add in the fact that even with great news we can't seem to break towards the upside... if we are going anywhere near term it is down.
By the way, I am generally positive for our long term and even 6 months out prospects. But, next couple weeks look like they'll be tough going. quality FUD  not bad. Cool story bro. Hey, I'm not saying it will be the end of days or anything, but I think we are about to get a buying opportunity... it might be the last good one. It's up to you to decide whether the glass is half empty or half full, but we both know in the very short-term (next week or so) downside odds are greater than upside odds. Think about the volume for instance... it says two things -- (1) nobody is all that excited to buy right now; and (2) smarter money is trying to unwind their positions without having everybody race out of the auditorium. Also, think about the good news we've received lately... it has had zero effect. By contrast, even the weak FUD piece by the European Central Bank caused a 4 to 5% drop. Now, we have a market situation with Bitfinex that could go south very quickly and we know the regulators will have harsh sounding cautions that won't amount to anything in practical effect (it'll be a green light... good news... that will sound like a red light). So, I sold my (pretty modest) stash of 12 coins (I am relatively poor but not terribly so) this morning. I am waiting until sometime mid next week to re-enter. You can cheerlead all you want, but have fun losing money doing that (unless you are just hodling very long-term in which point it is probably irrelevant). Thanks, have a nice day. i hear you. you got some compelling FUD. but i think, you seeing the market looking as topy is questionable, and your target of "low 500s" unreasonable as for the other thing, I think honey badger won't care. we'll see. Definition of a honeybadger is not that he can't fall ("go low"), but everytime he fall he will get back up like nothing happened. |
|
|
|
the relative stability we're in is just dragging on... i hope all this "july 24th" business actually bears fruit.
What about july 24th? |
|
|
|
Less than 1 in 7000 people in the world own at least 0.01 BTC(~$6 USD). Many people own more than one wallet with more than 0.01 BTC so this number is probably much higher. Many people has more than 0.01 on exchanges or vaults so this number is probably lower. |
|
|
|
monkey says bitcoin goes up from here intraday
Your monkey knows one thing very well and that is "After dip there is a rise".  |
|
|
|
small dip monday morning, how original I wouldn't take this "small dip monday morning" very easily as this is important area where we are currently in and is not so simple situation. |
|
|
|
Barry Silbert of SecondMarket also recently said: I guarantee there will be another bitcoin price bubble. Money is coming in in the near future, I know people were saying July/August, but its looking like this fall will be when prices start goign up again
Do you have a source? When did he say this? |
|
|
|
|
Show Posts
