when the market turns it won't be obvious and it won't just go up up up
we'll see a random walk with an upward drift, bottom will only be detectable weeks after the fact
i just don't see a massive capitional event declaring bottom, in the cards.
The really frightening part!
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About 2000btc for 400$ - 2000btc for 380$ (at Bitstamp).
Interesting battle
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who is putting this big buy orders ? klee no, really
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It scared away the askwalls Oh the horror!!
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Soon people who bought in the 100-250$ area will start moving their coins from cold storage/paper wallets...
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an inside source has told me that the coming week is going to be big
We need masses though, not only funds, speculators in fiat etc Will it bring the masses & volume?
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cryptos are my full time job, I want BTC only UP UP UP. Your living expenses are most likely pegged to fiat, so for the time being try to get an income that is also pegged to fiat. That way when the price goes lower it just means you accumulate more bitcoins and add to your savings. If the price goes up, then your savings have more purchasing power although you're adding to them more slowly. Then you fundamentally don't care which way the price moves. This is what I will do but it destroys my biz plans (people are not interested to buy when it falls despite my efforts to convince them for the opposite. Only 5% from my customers buy in the recent bear market, the others wait for clear bull signals..)
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Right well that wasn't particularly impressive. Keep up the sterling work forum manipulators! Especially you exocytosis.
I'm just stating the facts. Facts that everyone can observe if they glance briefly at the price development and statistics of user adoption. You don't like the facts? Well, tough luck, because this is a free market, ruled by the simple law of supply and demand. That's why the price will continue falling. Because the price doesn't care one bit about the hopes and delusions of cultists or permabulls. At the moment the market is ruled by parasites, it will go back to being ruled by supply and demand when they leave. I like you, honestly, but I was tweeting exactly the same things when 266 burst... Parasites will never go away, because many reasons - I will post when I am not depressed (cryptos are my full time job, I want BTC only UP UP UP). parasites? what is next? speculators are doing a great job on price discovery. you should thank them. I used his terms, I don't have a problem with market makers, they are easily manipulated by me! I prefer nukes btw
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Nekomata: Can you please refrain from quoting spoetnik in consideration of the 90-95% that have him on ignore? Cheers m8
I have him ignored since ages - not sure why I did so lol
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Right well that wasn't particularly impressive. Keep up the sterling work forum manipulators! Especially you exocytosis.
I'm just stating the facts. Facts that everyone can observe if they glance briefly at the price development and statistics of user adoption. You don't like the facts? Well, tough luck, because this is a free market, ruled by the simple law of supply and demand. That's why the price will continue falling. Because the price doesn't care one bit about the hopes and delusions of cultists or permabulls. At the moment the market is ruled by parasites, it will go back to being ruled by supply and demand when they leave. I like you, honestly, but I was tweeting exactly the same things when 266 burst... Parasites will never go away, because many reasons - I will post when I am not depressed (cryptos are my full time job, I want BTC only UP UP UP).
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All these n00bs that don't remember 2011...
Not comparable (the possible damage). 2014 =/= 2011
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Crash coming.
Go for it guys. Short up, sell your stash (oh wait we know you already have). Lets see the epic crash unfold. Back in reality it's a slow sunday with virtually no volume whatsoever. This move is meaningless. breaking support at 395 with this kind of volume is a strong buy actually. IF they buy..
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It seems that this thread refuses to die
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I prefer Greek words:
Hoplon, the round defensive weapon that when used en masse (phalanx) was an impenetrable wall (well we need spears too, that could be the 0.00000001 HOP, aka dory).
We can use Aspis instead of Hoplon too..
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OK, I'm thoroughly confused. But I do know that if XMR survives this thorough thrashing, it will rise like a Pheonix. I commend those who would protect the ring signatures from the time warp.
At least use bold text
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Maybe insider knowledge of Sonny's capital flight.
How much does he have? BFL has been selling/scamming customers for over a year. I would guess millions but who knows how spread out his assets are. He's been hiding money from the feds for like 20 years so he obviously knows a few tricks. Let's hope he is not as rookie as Ross and he hides them good - I can't stand another auction drama... On the other hand thousands of BTC 'lost' is very bullish news
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Maybe insider knowledge of Sonny's capital flight.
How much does he have?
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next wave
New Wave Between this and Monero..... I think I need more coffee....
Any update? Did not have time to check the BCX drama.. Well they have stopped trading on poloniex and are sending coins to cold storage, The dev's have installed checkpoints to try to protect the chain. BCX 72 hours is up in 3 or 4 hours ish... So far nothing, and price bounced back a little bit. Scary stuff
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