We've had a bubble and now it's deflating.
how can you be a mod in this forum if you're against btc? telling btc price is a bubble makes u a proudhon fanatic... You people are crazy.
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Anyone been moving your orders back yet?
I had bids fill from 76-79, pulled my orders between 71-76. The silence on buy side is deafening. Hoping that wall at 75 pushes us up a bit so I can get rid of these...
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This bounce from 76 is so weak, come on bulls, rally it up so I can sell my coins.
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holding my coins atm. Selling with loss is never "my thing" Bought between 50 and 110$, so I can wait. But I hope we will see triple digits soon I guess we are moving from capitulation to despair atm We haven't really seen capitulation yet.
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LOL, what happened? I got disconnected from clarkmoody and all of sudden we are at 79!
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Had a couple bids fill on Bitstamp. Where is the bounce?! I don't like holding BTC these days.
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Bitcoin Bridge implemented on RippleThoughts? I was wondering when they'd implement this. If Ripple takes off, this would open up many new avenues to acquire BTC. It would also allow bitcoin merchants to serve the entire Ripple user base. ''You don’t even need to own or use Bitcoins to make payments in Bitcoins.'' Where do those bitcoins come from? Are they created out of thin air? A gateway won't send out real BTC unless someone sends a trusted (liquid) currency in exchange. They aren't created out of thin air anymore than your BTC held on exchanges are.
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Bitcoin Bridge implemented on RippleThoughts? I was wondering when they'd implement this. If Ripple takes off, this would open up many new avenues to acquire BTC. It would also allow bitcoin merchants to serve the entire Ripple user base.
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I'm starting to see bears here as a little dogmatic Not a bull myself at the moment, but probably not even a bear ... However, going down became boring. No dogma; I'm a bear until I'm not anymore. It may be awhile, though -- could take many months, potentially, to bottom out -- so I'm sorry you're bored. Bull/bear markets can be quite protracted. Have some fun and ride some sucker rallies!
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Why not sell ? is the wise solution. If you sell yesterday you will have 91$ per BTC, if you sold today you have 81$ per bitcoins if you sell tomorrow you will have 71$ for BTC Its wise decision No because no one knows if it's gonna be $71 tomorrow or back at $91. Panic selling is the worst thing you can do. If you are long term bullish on bitcoin which I imagine most of us are (this IS the bitcoin forums) then you should be holding now. Or buying if you are continuing to invest. Day traders without insider information may get lucky from time to time but they will ALWAYS lose in the long run. Not "they". Some win a majority of the time and some lose a majority of the time. You speak as if all day traders eventually end up shirtless. Not even remotely close to the truth.
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Denial, fear is close.
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People are getting even more bearish than our resident bear-troll, Jaroslaw. Interesting times! Why do I see attempts to manipulate the price in many posts... Am I paranoiac, or is it a coordinated action? Why manipulation? Why coordinated? Bulls is crazy -- always scratching their head and posting things like, "I can't figure it out, why is the price going down?"
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Loving these threads.
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Hang on tight. Don't lose faith.
It's gonna be a blood bath out there! Lots of panic selling and capitulation still to play out here.
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In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.
Are people serious when they say this sort of stuff? Why not? If I sell, the price comes down more. If their message affects more people, it keeps bringing down the price. Something something butterfly effect. Everyone wants to buy in at the bottom. This is just another rationalization. Helps that cognitive dissonance in a falling market. When bulls start threads about bitcoin reaching $10k in the middle of a downtrend, I don't worry about it too much either. I suppose maybe everyone here is trying to hose the noobs. Then again, I can't imagine the speculation forum has any effect on the market. I mean, are you some kind of whale? Who do you think you are, Jaroslaw? I would hope market makers in a market that is easily manipulated have better things to do than lurk on forums. All the people that have been talking bear market since April/May -- and were correct -- they could have saved you a lot of money. The "you're trying to buy cheap coins!" argument only works if we're at the bottom. As the down channel continues, now into months and not weeks, it gets harder and harder to make. If I've had any motive other than boredom, it has only been to offset the perma-bulls. I have no coins to sell, and as soon as my bids fill, I am looking to exit.....
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In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.
Are people serious when they say this sort of stuff?
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Small bounce?
Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox). Bid side on Bitstamp is actually still looking pretty strong. 5100 coins to 75, 2600 coins to 90. Waiting for a nice 1k sell to prime us for the 70s.
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I still see bulls. But I think they tend to quiet down a bit as the price continues to drop despite their positions. I still see Jozzaboy and ShroomsKit around. It's as simple as that. Nobody here ever makes a prediction worth a damn.
Really? I'm sure you just have bookmarked the wrong forum members. This!
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Looks like I missed an eventful night. Glad I wasn't holding any coins!
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Ok, we're back in the 90's. What's the consensus here? Up up and away or down below 80?
I think this bounce up was expected, but I don't think it will pass the 94-95 area. Then back down we go.... we'll see if 78-80 support holds.
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