If I were super rich, ruthless, and in control of the mainstream media, here's how I would execute such a plan:
Based on this, I'm sure it will go down exactly as you say.
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15k to break 233, 7k to break 192.
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Looks like asks are up a couple thousand coins since I went to bad last night.
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Pretty calm right now. Where's the volatility?!
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Hello all...Im brad and new to the bitcoin mining scene, been messing with computers and such my whole life. The whole bitcoin mining theme and ideas intrigue me and I am very curious to see what the future holds for bitcoins and mining.
Welcome to the community, Brad. Unless you have a lot of capital behind you, and are in for big speculative risks, buying bitcoins (and timing your buys right, if you think you can) is probably better than trying to start mining at this point.
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I guess I'll go ahead and take 13. Good luck out there!
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If I had Paypal $ I'd probably just ACH it my bank account and then deposit somewhere like Bitstamp. Or like someone else said, take the cash and hit up localbitcoins (although, to be honest, I haven't done that myself). You can make P2P trades in the marketplace -- things like bank wire and cash teller deposit are not reversible so someone may trade with you.
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
Considering BTC increases have been at orders of magnitude, I don't think there's anything brazen or smug about expecting 200 to hold up. Those adjectives refer to peoples' attitudes, not perceptions of the market. But, on the point of 200 holding up -- how many days in bitcoin's history has the price been this high? I wouldn't get too comfortable. At one point the increase from $1 to $2 was uncomfortable, and the oscillations between $1.80 and $2.20 worthy of micro-analysis. Today, with the Bitcoin ecosystem 100x bigger, 1000x the public awareness, 10000x the hashing power: the $180 to $220 level seems just fine! Yeah, there's that. Well, I guess the point remains.
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Is it up, uP, UP from here?
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
Considering BTC increases have been at orders of magnitude, I don't think there's anything brazen or smug about expecting 200 to hold up. Those adjectives refer to peoples' attitudes, not perceptions of the market. But, on the point of 200 holding up -- how many days in bitcoin's history has the price been this high? I wouldn't get too comfortable.
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Bulls are getting brazen up in here. I just want to see a reversal now so it wipes some of the smugness off these faces.
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Momentum shifting? Seeing bearish divergences on MACD and MFI.
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Definitely some resistance / sell pressure at this level. But the bulls say up, uP, UP!
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A bit of sell pressure here.
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A look at walls: I dunno how some of you seem to be so sure where price is going... hats off if you're right...
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A bit of action. Popcorn time?
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My natural thought is that when there is sooo much bullishness that the only way to go is down.
Yes, all the bull in here is pretty overwhelming! Still, thought we might break below 210 last night. It was not to be. Just broke downwards, hit 208. Hmmmm. Edit: Just hit 206.
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After 5 months of waiting for a $60 bitcoin I've bitten the bullet and bought back in. If ever you needed a sign that bitcoin is due to capitulate to zero, this is it.
Bloody hell, $60? I thought I was pushing it holding out for $150.... Well, we hit $65 4 months ago. So close!
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My natural thought is that when there is sooo much bullishness that the only way to go is down.
Yes, all the bull in here is pretty overwhelming! Still, thought we might break below 210 last night. It was not to be. You are evidence of the contrary. Only when you become silent bears or careful bulls shall we go down, after first a final euforia spike. Or have you proven in the past to be a vocal bear before it collapsed? Can't really say that I'm a bear. I do feel like we are due for a correction sooner than later, and I thought we might break that bearish wedge to the downside. But this is pretty uncharted territory... I'm nervous, though. And I don't have the same certainty that price will continue to rise that the vast majority around here obviously do.
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