Uhh I don't know about the rest of the bears, but I want it to go lower so I can buy more.
Well, to me you're not really a real bear. You're like, a unicorn dressed in a bear outfit. |
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SD SHOULD BE BANNED! SD SHOULD SEND THIS GUY ALL HIS COINS BACK!
But seriously, the best thing you can do is to provide a good or service in exchange for BTC.
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Then why you are so interested in the Wall Movement Tracker thread then?
What I've learned over the last few months is that bulls are excited for bitcoin and always want it to go up. We're confident and enjoy the experience. Bears, on the other hand, think of it as some sort of sporting event and have irrationally decided to stake a claim for their "team" and will make up as many BS excuses, charts, and one-liners to support their position as possible. They don't think the price should be lower, but they want to price to go lower just so they can brag about it. I don't understand bears. |
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We're starting to see people selling amounts of 400-600 BTC at various places in the area beneath the ask walls now around 47.25 and up.
The walls remain unchaged though.
Edit - typed wrong price !
Price seems to begin to move.... down. Meh, just one or two weak-handed bears trying to "scare". As many before them, they will most likely be forced to eat their own dump. |
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Just the simple fact that the BB line puts 0 as a possibility is scary... i dont know for you, but most people would freak out if they see that.
In reality, the vast majority of people realize that TA or drawing lines on graphs and giving those lines stupid names is even less predictive than trying to divine the future through a curious mixture of tea leaves and animal intestine. |
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http://www.businessinsider.com/what-in-the-world-is-a-bitcoin-2013-3Earlier in the week, I wrote to you about an Argentine car rental agency that had started accepting Bitcoins as a means to bypass local capital controls.
We received a lot of questions about the article, the most common of which was “What in the world is a BITCOIN?” Side note: I'm on fire today! Three press articles in a row! Someone tip me 
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if i had $2million to buy btc and was a bull I'd just set up a bot to buy 25 BTC every 10 minutes and let it run for a week or two. An experienced trader who knows how price usually moves would just put his bid at $30 and wait. And so it goes. Personally I am all fiat on gox right now, waiting on something to happen. Have bids in at 33 and 31.5, hoping tohave them filled. At this point there is too much tension; which way it's going to break remains to be seen. So, pretty much what I guessed then? |
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Oh conspiracy theorists, you never cease to amaze.
The truth is that someone in middle-management had the idea to produce some "educational material". Didn't really matter what, as it was either just an idea for a promotion or trying to create busy work to keep their job. Something mundane.
This same person probably had a wife or kid or neighbor who "wanted to break into children's literature" so just kinda shoved the project onto them with no oversight. The project was mostly forgotten until someone eventually just kinda stuck it onto the web.
THE END
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I think I'll twit some BTC to Neil deGrasse Tyson...
If I used twitter at all I'd so do this as well. I <3 me some NdGT |
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http://www.businessinsider.com/crash-belies-confidence-in-bitcoin-2013-3The virtual currency, which is exchanged anonymously via an online peer-to-peer network, might be starting to go mainstream, as the recent announcement that Silicon Valley Bank will hold Bitcoin deposits suggests.
And while there has been a lot of increased interest in Bitcoin as of late, given its meteoric rise, there's still one big problem, as this week illustrates.
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Weird that bids are being placed but at lower prices... thats just not right... or they are waiting for a fall...  My guess is that a majority of these high-volume low-priced buyers are people who dumped during the flash-crash but were unable to buy back in at a lower price point. Right now the price is holding steady at where they sold so they do not see an immediate need to buy back in. Instead, they are placing low buys hoping to get lucky one way or another. These buyers are keeping an eye on the price and are ready to buy back in as soon as the market shows any sustained upward pressure. tl;dr if we break the $48 wall these bids will become buys and we'll explode up. Yeah, because it has a lot of sense to sell scared of a "flash crash" with no importance and then put a $2million bid lower, just to wait if someone buys a 10k btc wall??? So then you can buy higher because of a price explotion??? if i had $2million to buy btc and was a bull and knew that buying up that wall will cause an explotion ill buy that wall myself, and not "hope" to buy lower.... I didn't say it was the smart thing to do. I find that day traders are a lot less smart than they think they are. But with the lag Mt.Gox experiences during crashes, a lot of time if your bids aren't in you're not going to get one in until it's all over. Usually big up-movements happen slower so you'll have time to adjust your bids. |
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Weird that bids are being placed but at lower prices... thats just not right... or they are waiting for a fall... My guess is that a majority of these high-volume low-priced buyers are people who dumped during the flash-crash but were unable to buy back in at a lower price point. Right now the price is holding steady at where they sold so they do not see an immediate need to buy back in. Instead, they are placing low buys hoping to get lucky one way or another. These buyers are keeping an eye on the price and are ready to buy back in as soon as the market shows any sustained upward pressure. tl;dr if we break the $48 wall these bids will become buys and we'll explode up. By then it would be too late, except for those who push the button first That's why I would expect an explosion. All these buyers will be hitting at once  Then, after that we have a day or two of madness as these buyers try to do their silly day-trade thing. I, mean while, will be sitting in my lounge sipping brandy. I'll laugh softly to myself while watching the clarkmoody and say, "Dance puppets. Dance." |
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Weird that bids are being placed but at lower prices... thats just not right... or they are waiting for a fall... My guess is that a majority of these high-volume low-priced buyers are people who dumped during the flash-crash but were unable to buy back in at a lower price point. Right now the price is holding steady at where they sold so they do not see an immediate need to buy back in. Instead, they are placing low buys hoping to get lucky one way or another. These buyers are keeping an eye on the price and are ready to buy back in as soon as the market shows any sustained upward pressure. tl;dr if we break the $48 wall these bids will become buys and we'll explode up. |
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You just need to make a What's Up Pizza Rolls?! post to finish the trifecta.
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After the rally you guys had from january now a 10k wall is such a resistance??? Whats wrong??? Wasnt $50/btc still considered cheap for you bulls?  There is still a lot of money tu spend on bitcoins on the way to $100... why stop here??? Oh look, a bear who thinks he's relevant! Adorable! |
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Bullshit conspiracy theories? On Infowars?! That's unpossible!
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Looks like we're finally geared up for the downtrend to really get going, and once it gets going, oh boy.
Thanks, Proudhon, I was getting the tiniest bit worried  The rally is back on boys! |
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yours was incorrect anyway (at least if mine was correct, S1E13) Have to say, this is the easiest 0.5btc Ive made this year. I googled "power rangers computer virus", then hit video's, and it was the second result. Took all of 1 minute plus the time to watch it  . I swear to jebus I googled that exact line a dozen times before :/ |
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