Congratulations on being what you are. It does feel good, doesn't it?  It feels great, when logic and rational thinking trump, the ideological ignorance, that dominates this forum. It feels great to shove it in your face and everyone on this board who's had something stupid to say, repeating the same BS, that defied common sense and reason. I relish this moment. Will any of you wake up and accept you're living in a dream world of delusions? Probably not. But at least you and I know...man to man...your ideology and your rhetoric is crap. My job is done here. What about heart? I guess if you are just in it for the money, you don't care about that. I put heart first, which is why I honesty tried giving you the benefit of the doubt. And what did you do? You accused me of being what you are and then attacked me when I asked a question... You don't even reply to what I asked you about XRP, you just attacked me. You just again didn't reply to my points, you just attacked me. You are trying to win these "war of words" on the forum and all the while are missing the bigger picture. I'm not here to win arguments, not even really to make money, but to be a part of something special. I can see that is the farthest thing from you mind, along with heart.  Awww, now you want me to play a violin for you? Get for real. Take it like a man. You've been dishing it out. Now it's blown up in your face and you wanna be my friend?  Ok friend, I said my piece. I was right and you were wrong. It's a speculation forum and that's that. Actions speak louder than words. We'll see what happens from here. But don't preach your ideological rhetoric at me anymore...because it's bogus and worth exactly spit, to accurate speculating. Um, what blew up in my face? I am in this for the long haul, I never said otherwise. You keep projecting your goals on others it seems. I'm not preaching, I'm honestly sharing what I am. "Take it like a man." - You know, that saying has cost mankind more than perhaps any other. Teaching boys that feelings and crying are wrong, etc. Where has it gotten us? Good luck to you, really, we are in this together in the end... Let him go dude. I've had him on ignore for a long time now. He's clearly made a life choice to be emotionally retarded, and won't change unless he decides to on his own. |
|
|
|
The fact that the dumper picked the slowest time of the week for bitcoin, screams manipulation. All the bulls that want to hold up the price, but are still looking for cheap coins, aren't around right now, which is why the slow rebound.
The weekend dip is back, meaning manipulation is overpowering users/speculators.
So you reckon there will be a rally/rebound when the US wakes up? I'm increasingly pessimistic about worthwhile rebounds happening. It's my impression that since the consensus has become more overwhelming that it will drop allot farther, rebounds are getting smaller, even when the US is awake. I don't know about a rebound. This seems like self fulfilling prophecy to me. I almost sold last week, just some of mine, but decided just to hold and buy more if we dip down to the 50 range. That, to me, is the absolute bottom, but anything can happen with Bitcoin. Good news can come out on the fall down (e.g. - pay pal becomes a BTC exchange) and we continue the ascent upwards. Not saying that will happen though! It is kind of a weird realization, that you only "lose" when you sell. I have a loose plan to accrue so many coins and I could have been there had I traded in and out, but I didn't want to risk missing a move. Well, it will cost me more in the end, yes, but if I still end up with what I want (a very very small amount btw), what is the difference? (I guess I will have less money for vacation.  ) Anyway, I think as the infrastructure is built for BTC, we will see transparent adoption AND "hoarding" as a savings account of sorts. We already saw some of the second and once that first part starts happening as well, then that is the acceptance part that we need, as hey, we are right now an internet thing. Oh well. I bought at 93 and sold around bitstamp's rebound top of 95.2, and am now kicking myself |
|
|
|
The fact that the dumper picked the slowest time of the week for bitcoin, screams manipulation. All the bulls that want to hold up the price, but are still looking for cheap coins, aren't around right now, which is why the slow rebound.
The weekend dip is back, meaning manipulation is overpowering users/speculators.
So you reckon there will be a rally/rebound when the US wakes up? I'm increasingly pessimistic about worthwhile rebounds happening. It's my impression that since the consensus has become more overwhelming that it will drop allot farther, rebounds are getting smaller, even when the US is awake. |
|
|
|
|
I was hoping there would be more bouncing. Should bounce at 90 really, but I'm worried it just might not
|
|
|
|
  you have to admit it at least looks familiar (even if the x2 buttom kills the little bit my theory), and anayway i hardly doubt we can brake 124-125 with this kind of volume so... drop to 100 then... (if you're right). And then? People will buy again, it will go up, then another drop to 80? How does this make sense? After a crash people buy and the price will go up so you will always find this back in the charts. The last two times the graph looked like this, the price rallied. edit - I've no idea how the order book compares for those instances though |
|
|
|
|
bitstamp is going bananas
|
|
|
|
|
bitstamp is down . . . I hope not buying back in yet wasn't a mistake!
edit - back up. They were down for 10 minutes.
|
|
|
|
|
It looks like the last 6 hours if yoyo fun is just passing the time until a great big buy or sell happens. I'm guessing that the big players want it lower before they buy back in, or else wouldn't they have bought back by now?
|
|
|
|
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two. Expect a test of 100 rather. This. The test of $115 will happen muuuuuuuch earlier than "within a week or two". Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday. I hope that's a coincidence that it just started dropping right after your post! |
|
|
|
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two. |
|
|
|
BTC-E at $120, mtgox at $118. It's interesting how BTC-E now is higher than mtgox, it used to be like $10 lower  Can't use gox to predict stamp movements any more |
|
|
|
It looks like an attempt to sell just to make Bitcoin prices lower.
I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115. It's people cashing out. Not rebuying. Not a good sign. Why do you reckon they're not planning to rebuy after a bit longer from a manipulated short-term trend reversal? |
|
|
|
bitcoincharts and bitcoinity not loading! something about to happen?
Yes.... the FEDs.... knock knock knocking on Bitcoin's dooooouoor... Hey, Hey, Hey Hey Hey! LOL Both bitcoincharts and bitcoinity working for me BTW aw, shame. Could have been exciting |
|
|
|
|
bitcoincharts and bitcoinity not loading! something about to happen?
|
|
|
|
Back to the wall observing: weekly volume is getting lower and lower since the correction/bubble burst (still too soon to decide what was that - which is funny because all of us would have bet that 1 month and a half after the April 10th crash we would have know for sure if that crash was a bubble pop or a correction)  If you look at the same plot for bitstamp, volume is healthily increasing. I'd say it's just the Gox issues |
|
|
|
but what about this one?  |
|
|
|
If only there was some buying and selling to speculate about....
It looks to me that apart from the occasional big buy or sell, the volume in bitstamp has been about the same as mtgox for the last 8 hours or so. Probably all those BTC transferred out from mtgox to bitstamp getting nibbled away at are feeding back in again, or bank transfers are coming through there. Either way, bitstamp volume getting more interesting - game changing? |
|
|
|
he should make the graph for longer terms, the "valley" should be 4 times longer
most of his graphs have no useful information
+1 |
|
|
|
I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.
Just be patient I guess, this is not the first time Bitstamp is a few dollars behind on Gox. Now perhaps a bit more than at other times but it's a free market and it will fix itself one way or another. I'd like to arbitrage if I could by selling bitcoins on MtGox and then buying them again on Bitstamp but I'm afraid the process will take too long. I guess other people would have already done it if there was a quick and easy way to arbitrage... Depends how much cash you want to arb. I was just using bitinstant to do it a couple of hours ago. Made 6% easy. Limits are $500 per transfer, and limited total per day. I only got $876 across. But now, oddly, bitstamp has suddenly been removed from the bitinstant pay options. I don't know if that's a glitch or if they've cancelled bitstamp pays... Are bitinstant the only ones doing this sort of thing? |
|
|
|
|
Show Posts
