Look, I did get the February rally call wrong, I admit, but you guys who compare this to last spring/summer and believe that it's going to play out precisely the same on a day-by-day basis are nuts! EDIT: early February rally  |
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Hi,
Would you consider removing Gox now?
Would you consider clicking on a different link from the many other markets in the dropdown menu if you are not interested in MtGox trading? I click all over, just like you and everyone else I imagine!  |
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Hey, it looks like they've put Willy into reverse on Gox! Didn't intend the pun, but that's perhaps also an apt description for what is happening to some of their customers as well. |
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Hi,
Would you consider removing Gox now?
More sites are cutting their ties to Gox prices: Coindesk, Cryptocoincharts, etc.
It just is not representative of the true price of Bitcoin and has not been for some time.
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Unable to connect to the database...
Same here! |
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Anyone selling Nyan in bulk PM me. Willing to negotiate at around 0.015 BTC per 1,000 if you're interested.  |
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How about:
Bitcoin = 1
Bitcoi (pronounced like Russian ballet company the "Bolshoi") = 0.1
Bitco = 0.01
Bitc (pronounced Bitsey) = 0.001
Bit = 0.0001
Bi (pronounced "bi"cycle) = 0.00001
B = 0.000001
Nak (Nakamoto) = 0.0000001
Satoshi = 0.00000001
I think it will help people to remember the number of decimal places - before learned by heart you can count the missing letters to remind you where you are behind the decimal point.
Or is this the stupidest idea yet?
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Friendly word of warning to all you FUDsters out there. Don't believe your own shit so much that you end up missing the train! |
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Double post. 'cause I got another nugget of wisdom for you guys.
All those walls of text about manipulation here and miner profitability there and how it all can only mean one thing: DOWN DOWN DOWN, or the bullish alternative: buy back now or the CHOO CHOO leaves without you... they're just noise. They miss one insight I recommend hammering into your brain, mantra like, until you *get* it...
What we've seen for the past 3 odd years follows one simple rule:
For the bootstrapping phase of a global, peer-to-peer {reserve currency, store of wealth, payment system} USD/BTC necessarily looks the way it does;
The way USD/BTC looks is not sufficient to guarantee the success of this becoming a global, peer-to-peer {reserve currency, store of wealth, payment system}.
That is all. If you convinced yourself of the above, many of your little nervous breakdowns will simply go away. You can still daytrade if that's what you do best, you can buy & hold (which means you bet on the long term success as described above), or you can close your positions and leave (if you have serious doubts about the success of Bitcoin in the fields described above). But you probably won't look at each minor swing and see dark forces at work pulling string at the expense of the "small guy", whether it's pulling price up or pushing it down.
In reality, this is what one of the most amazing social experiments during my lifetime looks like, in which a plethora of market forces attempt to participate in the experiment in order to fulfill their own highest ranked desire (idealism, greed, curiosity). It couldn't be any other way.
I agree wholeheartedly. But I reserve the right to get excited and yell "CHOO CHOO!" during rallies! |
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we wont stabilize now. There was too good news last month.
Big fiat hodlers see that no China-crash is coming and buy hard now.
How do you know that no China crash is coming? It is based on the premise that many have been expounding on here: that many Chinese would dump their coins to get out of the game come 31 January. That would be happening by now if it was going to happen. I think many like myself are waiting for China to drop the India-government-approach-to-bitcoin shoe. They jailed the biggest bitcoin broker in India. China can not only jail the guy but decapitate him in public next week. Talk about a chilling effect...... Yeah greed is powerful. Combined with a whole lot of FUD it has people desperate to double their money by waiting for half-priced coins. |
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we wont stabilize now. There was too good news last month.
Big fiat hodlers see that no China-crash is coming and buy hard now.
How do you know that no China crash is coming? It is based on the premise that many have been expounding on here: that many Chinese would dump their coins to get out of the game come 31 January. That would be happening by now if it was going to happen. |
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This was like a 'crash' up kind of like Friday's 'crash' down. Every movement in any direction is very panicky right now because half of the people expect a moon and half of the people expect a crash. But it's probably still just part of a consolidation and will end up stabilizing around 810 for yet another week.
Consolidation has to break up in my belief. It's just a matter of when. |
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Happy new year ) What I see? I see zig-zags, price in positive both daily and weekly BB. What could it mean? It could mean true ending diagonal, which never happened before. And also very fucking risky.   masterluc your E.W. analysis suggesting a significant upward break is mirrored by several other analysts. Can you add any more detail to your previous post? |
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Spread between Bitstamp and Gox currently 22.5%.
stamp and btce reluctantly being pulled north. I am surprised so many large buys on those exchanges..... this seems like major drama to me. This is what you don't see happening but what is going on on a daily basis. A build up of money and new accounts on the exchanges waiting for a chance to buy in. There is a whole lot more waiting still. You can't see this by looking at the order books by the way. so how do you see it? I actually completely believe that there are millions sitting there waiting to buy. However, the strength, momentum, volume, price pressure necessary to move those dollars into Bitcoin has proven to be hard to come by as everyone is waiting for cheaper coins. I think you will not see fiat holder capitulation until north of 1300. Most people tend to think a little further than just a simple price target. You can't really underestimate the power the China FUD has been holding over people ever since the beginning of December 2013. That is set to lift as next week progresses. This is a major shift in sentiment. |
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Choo []}#^++£$?Choo
You always seem to arrive just in time for the train macsga! |
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Spread between Bitstamp and Gox currently 22.5%.
stamp and btce reluctantly being pulled north. I am surprised so many large buys on those exchanges..... this seems like major drama to me. This is what you don't see happening but what is going on on a daily basis. A build up of money and new accounts on the exchanges waiting for a chance to buy in. There is a whole lot more waiting still. You can't see this by looking at the order books by the way. |
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Is that a 6,000 BTC purchase on Stamp? EDIT sorry - reading that wrong! |
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Got to be all in Btw. any news from Miami or what?? Some news must be behind that... No news in particular. Big holders waiting for the China crash are starting to realise nothing's going to happen. |
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MatTheCat will have the last laugh and you should know this if you've been paying attention to all the confirmed bad news. SHOTRING is the only workable strategy with bitcoin from here out.
But MatTheCat never laughs I've noticed! Perhaps he hasn't been shotring enough in the past? |
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