there are few sellers, hence the lack of volume.
Currently there's been not much volume (until a few hours ago), but the tale of the decreasing volume is flawed! Take a look at the cumulative volume graph across the exchanges: https://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc (Take a look at the 2y graph!) We're at least at the same levels as last year - if not even higher! ya vol is becoming more spread out + we don't count the economy which has been growing by leaps and bounds, sure alot of it makes its way to the market really fast but alot of it dosnt, we don't see the 50K$ deals behind the scenes, its happening. |
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As others have mentioned there are no buyers.
I think that was pretty clear already for the last month or longer.
Are there still people here who expect us to magically go to 1000+ soon?
I certainly don't.
yes magically and soon No way, there is no magic atleast for now, no signal, no volume nothing in market that we can expect we will go upside. nope not one  |
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As others have mentioned there are no buyers.
I think that was pretty clear already for the last month or longer.
Are there still people here who expect us to magically go to 1000+ soon?
I certainly don't.
yes magically and soon |
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Okay, support is building up. Let's start another round do dumping...
we'll get a few more bears to fall in b4 the trap closes, don't you worry. |
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OMG THIS IS THE SILK ROAD EVENT! We are on our way to new ATH! Ha, yeah I'd love it to be it. But I fear we don't even know, what this event currently is, actually. Do we? But maybe it really just needed a slight bump down to get things started. Short term bearish, though... some bad news coming out today with another leg down below 600, wouldn't be surprising... but so far its looking like a bunch of bears had a party and got wasted |
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why hhwy why would you do this?  Because they are running the presses till they glow red and the price of everything in $$$ is heading up as it floods in to the stock market. Just have to make sure to exit before the bubble bursts. Or hold your Bitcoin and wait.i'm glad i have this option thank satoshi |
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Am I having even worse problems with my depth graph now or are there only about 30 BTC to be bought until we rebound to 620? This is crazy... and not in the positive way. Why is no one buying?
despite the low depth there are still people dumping 10 - 20 coins at this price, so we hodl here for a while longer.. |
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there is a scenario I am considering, the Dell/newegg news was for some people known before it was even announced (for sure), they bought the roumer and waited to sell the news, but the price never reacted as expected so they are sick of waiting ( I would be if I were in their place), I am sure that anyone did that would make money anyways, from 420 to 620 there is $200/BTC to make.
With making money I always think about BTC. For everything else there is something called FIAT. not everyone think like you, I think how much Bitcoin could make me in fiat in which I would invest somewhere else... why hhwy why would you do this? what is wrong with that ? i remember i cashed out of bitcoin once looked around for other investments... thought about buying silver, but that shit gata get shipped, i have to ship it back to sell it.... stock market,altho going up ATM, seems DANGEROUS ( maybe more so then BTC! ) then i realized. i made a mistake. |
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This recovery is pathetic. Market is totally out of buyers.
come back later man, no one can see shit till the dust settles. |
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there is a scenario I am considering, the Dell/newegg news was for some people known before it was even announced (for sure), they bought the roumer and waited to sell the news, but the price never reacted as expected so they are sick of waiting ( I would be if I were in their place), I am sure that anyone did that would make money anyways, from 420 to 620 there is $200/BTC to make.
With making money I always think about BTC. For everything else there is something called FIAT. not everyone think like you, I think how much Bitcoin could make me in fiat in which I would invest somewhere else... why hhwy why would you do this? |
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This post explains what happened to the BTC price today: Horseshit. Your private BTC would end up with the rest of the development funds that must be used on that and that alone.
Says who? There's no law requiring this. The user agreement says they don't even have to deliver a product at all and can take the money and buy crack rocks with it if they want.    lmao I met that guy in 2012, came down from Ottawa to montreal for the first bitcoin meetup in montreal, we all had a blast smoking crack rocks. |
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I'm buying a few more BTC. I think good time to buy if you have some dry powder.
i would but virtex hardly flinched, and now seem stamps is recovering quickly, catching cheap coins is harder than it looks. |
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is the market trading some news?
or this is good old fashion bear trapping
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wow sooo.... hows everything doing today  |
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 its happening. |
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1 ignore Jorge 2 buy all the bitcons. 3 4 Profit! |
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maybe the next half of the year will be more fun.
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 support looking strong, market is clearly getting ready for something big, but patience is key. |
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nice 1k dump out of nowhere
yup sure looks nice Nothing to do with the cycle, but eitherway this sideways cannot go on much longer - if we are still sideways come the 1-8th Aug - I will be shocked.
I have been shocked before so no biggie but just sayin'.
Talking of sideways - dats about how I am right around now - I think it might be the buckets of rum and coke flying around... f'kin love this place.
any minute now. |
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