Yes blitz. But some on here won't see any bull scenario until we are well up into the high 4xx's.
Way later IMO, I think there will be denial unless we break 680. Also, a good technical picture doesn't guarantee anything, it just gives good chances that any downturn will likely not be severe. I actually wouldn't be surprised if we saw a longer period of sideways/fakeouts. |
|
|
|
|
And here's another way to think about it: People were ready to buy 30k @300, and even more below. Don't you think that's a likely support level?
|
|
|
|
There's been a lack of actual technical analysis on this forum. There are indeed some technical bullish arguments, the most important of which I listed right as it happened: Volume. I don't post much chart analysis anymore since I stopped using SierraChart, but here it goes:  |
|
|
|
Published on January 2, 2014 Poor delusional souls. Take your profits when you can, keep a small chunk on the rare case it goes over $1k again. you fool! price will go well over 1000$ Keep repeating this Adam, eventually it will become true. But in the bullish scenario it could take over 1 year, in the bearish even longer.  There are no more bull-bots buying with fake fiat, China is not available for a mania phase and new bag-holders will be hard to find. Why, the next Tim Draper is just around the corner. Hell, maybe Draper himself wants to average down? |
|
|
|
Published on January 2, 2014
|
|
|
|
|
Good work, Huobi!
Good job, Bitstamp!
Well done, everyone!
|
|
|
|
|
Thanks China, the Bitstamp criminals are in for a green awakening. Keep up the pressure and soon all criminal funds will be converted to BTC. It's like a short squeeze.
|
|
|
|
|
Always keep in mind, WhatsApp, a mobile chat program, was bought by Facebook for the sum of 22 billion dollars.
Bitcoin market cap is currently 5 billion dollars.
Which one would you rather HODL?
|
|
|
|
I got an email from Bitstamp earlier during the evening to get my account verified or they will seize it. I logged on Bitstamp after 7 months and I had $2 in it. I, hereby, allow Bitstamp to hand it over to whoever the fuck they will hand over to.
Don't give the thieving government a single cent, they'll only waste it on even more stupid regulations. Convert your $2 to BTC and withdraw IMO. And tell us whether that actually works. That is, if Bitstamp allows doing a $2 transaction. Not sure on that. |
|
|
|
|
Don't forget that Bitstamp may be lying in their press releases (and even fudging internal numbers) so that regulators don't get alerted.
|
|
|
|
You better watch out, because some posters here believe that bulltrolls are the same as beartrolls (merely opposites)...
It's definitely not the same thing. If I post highly speculative stuff that is bearish, usually I'll get insulted left and right. If I do it in bullish, noone will give a shit and some will approve. I don't think there is as many criminals on stamp as you think. If you were a criminal where would you sell?
BTC-E and local bitcoins are probably best. I dont think many criminals are hoarding much coin either as they have expenses to pay, unless they got lucky on the run up. I suspect most criminals aren't into BTC for the technology but rather the means of payment. The last 6 months has probably had most of them running for the hills
Yes, I'm sure BTC-E is the preferred avenue. I don't know how many funds on Bitstamp the criminals control, but the criminals themselves don't know that either, and neither do the other buyers who may wish to front run them. See what I'm getting at? |
|
|
|
someone said it use to be you had to be verified to withdraw even bitcoin, but not anymore ( i guess they wanted to cover their ass while the laws we're clear )
in any case its probably a lot easier to send in some fake ID to get verified at stamps and withdraw bitcoin then it is to fake a bank account and withdraw fiat. Good point. BTC is the criminal's first choice in either case. BTW, what if a lot of the downwards pressure has come from stolen MtGox coins being sold off? If that was the case, wouldn't it cease now? |
|
|
|
|
Look at it this way: If you create enough FUD, you can make the criminals believe that they need to be in BTC and thus that they need to convert all fiat balances. Whether or not they can withdraw is only secondary to the topic of price. Never forget, perception makes reality, that's the reason why companies spend shittons on marketing.
Convert to BTC or enjoy getting all your illegal money collected by the state!
|
|
|
|
I am NOT sure if I understand this situation sufficiently in layman's terms.
Does the Bitstamp announcement mean that after 28 days, everyone participating with Bitstamp will have verified accounts?
And before the 28 days are concluded, Bitstamp account holders can withdraw their funds from Bitstamp or do those accounts just get frozen (seized) in the event that the accounts do NOT get verified? I was of the expectation that funds could NOT be withdrawn from non-verified Bitstamp accounts, is that not correct?
I don't know, it just sounds good. Facts aren't really important when it's perception that creates reality. May or may not be bull FUD. |
|
|
|
Fascinating. There and gone. Thomas, what do you know?
Still there. Tick tock, stamp criminals. 28 days, and the price gets steeper every day! |
|
|
|
Huobi bids just got interesting.
WTF. Front running the Bitstamp criminals? Are the Chinese that cunning? |
|
|
|
We kindly ask all unverified account holders with a balance to get verified within 28 days of this announcement. Adam, what can be done in 28 business days? Price is a function of supply and demand, and coins are one part of that.
But yes, presumably the criminals have fiat as well of course. That's why they would be fleeing to Bitcoin, because that is the only potentially anonymous way.
Right, and silk road wont have them second guessing using btc... nope not at all. Pretty sure that the Bitcoin black/drug market is still thriving. Maybe we can ask fonzie for expertise? |
|
|
|
|
Price is a function of supply and demand, and coins are one part of that.
But yes, presumably the criminals have fiat as well of course. That's why they would be fleeing to Bitcoin, because that is the only potentially anonymous way.
|
|
|
|
Guys, what do you think? How many of the BTC on Bitstamp are in the hands of criminals and anarchists? |
|
|
|
|
Show Posts
