who wants to be seen hodling buttcoins if everbody and his mother knows now that its worked as an insider ripp off scheme where the ponzi heads even get to file for creditors protection instead of being thrown in jail ! nice cover up for sucking in the last bagholders to offload ther bookentrys and run  I really never understood your posts.... the prices are made at the exchanges and Gox serves as the best example what happens when everybody wants to see the real money he can get when selling buttcoins for his bookentrys he believed being bitcoins at an exchange......what will be the price then? again I still don't understand your post.... but never mind you don't need to explain your self anymore... |
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I think you are manipulating (maybe unconsciously) the facts to fit what you would like to happen, all of your arguments could be applied to a bullish or bearish position. You can apply logic to how buys or sells work, create charts, but the facts are that strange things happen, people do execute large market orders, buy and sells, and it doesn't make much sense to day traders, but they happen all the time.
To leave this channel we need a buyer / seller with the muscle and inclination to move the market. The market is like a coiled spring at the moment, and I believe more need / want to buy in than want to sell (they have had the last 3 weeks to sell).
I'm calling a rally, you are calling a further drop, we'll come back to this in a week and see who is right, fair enough?
I am a so small player that I couldn't even manipulate anything if I wanted so, but be assured that I do hold more than the FIAT laying on exchanges if my predictions are wrong... and to point out "again" I am just speculating I am far from acting as I know things.... but I would really appreciate an input about how the price would go up now, at the end this is why we are here, to track the price movements  |
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less than 50K till 200 that is what in bitstamp order book at the moment, and there is only bitstamp and btc-e for trading now, BTC-e have a very tinny book order, you could bring the price to 0 with 10K dump on BTC-e, This would be no real price anymore. How many people would by for 100$? Many people. But do you think all this people park their money on an exchange? The same with the way up to 1000$. I would maybe sell a few for 1000$, but I have the coins for that now in cold storage, because I don't see it possible, that I wake up in the morning and then "Oh shit, yesterday night it jumped to 1000$ and now back to 600$." This is economics 101, too!Yes I know, btc-e had a flash crash from 650 to 102 and back to 600 within 5min. Everything is possible, but I buy that with a threat, that the exchange gets robbed or bankrupt. So I rather stay in cold storage. nope from now until june we are in a gradual climb to $800. July 1st-10th the spike to 5-9k peak will happen, then 3k~ to end of year for the next spike sometime April 2015.
Why? well you just confirmed my post BTW, and you just figured out how bitcoin volatility works read your post again and come back at me.... |
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who wants to be seen hodling buttcoins if everbody and his mother knows now that its worked as an insider ripp off scheme where the ponzi heads even get to file for creditors protection instead of being thrown in jail ! nice cover up for sucking in the last bagholders to offload ther bookentrys and run I really never understood your posts.... |
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Mark my words, a large whale buy is coming, this will spark a rally similar to the rally after the china crash. There's are many traders waiting to buy back in who are hoping this isn't the bottom yet but have their fingers on the trigger, look at the order book on Bitstamp, buyers far outweigh sellers. There are also many ex gox customers who need to buy back in. Don't get left behind, when it happens, it will happen quickly.
I expect 820 within 7 days, if not more.
less than 50K till 200 that is what in bitstamp order book at the moment, and there is only bitstamp and btc-e for trading now, BTC-e have a very tinny book order, you could bring the price to 0 with 10K dump on BTC-e, dont forget that there is 12 million bitcoin on existence, that 50K against the 12M is nothing . and also if bidders would think that the price at 560 or at 600 is reasonable they would place their orders there, but I see only 9K bitcoin to 500 and 20K to 400 and 35 to 300 and most down less than 200, people base their bids based on what they think bitcoin is worth, and the same works for sellers, they put sell orders on what they think their bitcoins are worth, but at the moment buyers are not voting for $560. IMHO there is no whale that would pump the price just like that, if someone decided to buy 10K bitcoin at a market order, then there is only 3 scenarios: a) pump and dump b) insider trading c) someone who doesn't give a fuck about his money and don't care about buying at 100 or 1000 which means he is not a whale but rather an idiot. You are only talking about the buy end, there are only 18k for sale up to $1000 at Bitstamp, and only 21.28k to $5000. yes, we are at the adoption fase of this technology, Bitcoin is not gold yet, also if you decide that your Bitcoin is worth $1000 and will not sell for less and if buyers think that $1000 is not the real value you will get stuck with that bitcoin and no matter how many you have there is it 1 or 50K bitcoin you wont be able to sell. remember: "your item is worth only what the best bidder is willing to pay for and nothing more" commerce 101.I also would like to point out why you shouldn't care allot about the ask book, people will not leave their bitcoins on exchanges for long time, so for example if I have 10 BTC in which I want to sell at $1000/BTC, I wouldn't leave them on any exchange for months, I would wait to see demand increasing toward that point, and only then I would send the bitcoins and open an order and maybe wait a couple of days for it to fulfill. but honestly I usually execute a market orders when selling, I very rarely open a selling order, I usually wait for support to build up at the price I wish to sell at then execute a market sell order |
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Mark my words, a large whale buy is coming, this will spark a rally similar to the rally after the china crash. There's are many traders waiting to buy back in who are hoping this isn't the bottom yet but have their fingers on the trigger, look at the order book on Bitstamp, buyers far outweigh sellers. There are also many ex gox customers who need to buy back in. Don't get left behind, when it happens, it will happen quickly.
I expect 820 within 7 days, if not more.
less than 50K till 200 that is what in bitstamp order book at the moment, and there is only bitstamp and btc-e for trading now, BTC-e have a very tinny book order, you could bring the price to 0 with 10K dump on BTC-e, dont forget that there is 12 million bitcoin on existence, that 50K against the 12M is nothing . and also if bidders would think that the price at 560 or at 600 is reasonable they would place their orders there, but I see only 9K bitcoin to 500 and 20K to 400 and 35 to 300 and most down less than 200, people base their bids based on what they think bitcoin is worth, and the same works for sellers, they put sell orders on what they think their bitcoins are worth, but at the moment buyers are not voting for $560. IMHO there is no whale that would pump the price just like that, if someone decided to buy 10K bitcoin at a market order, then there is only 3 scenarios: a) pump and dump b) insider trading c) someone who doesn't give a fuck about his money and don't care about buying at 100 or 1000 which means he is not a whale but rather an idiot. |
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How is the situation in Ukraine going to affect Bitcoin ? What if a new war in Europe starts ?  I'm tense... Gosh, didn't Europe have already enough wars.... one of my biggest fears is the war, but how will bitcoin help you in that situation ? when the infrastructure is destroyed no fiat neither Bitcoin is going to help you, we will eat grass if that happens. |
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ok I will share a funny or rather interesting prediction from someone, I am not going to tell who is, I will tell you later about his identity if the prediction turns out to be accurate, if not I am just going to tell him he was wrong. the not known person said: Bitcoin price will fluctuate the whole week till Thursday(next week), it is only then when it will start gaining back its value and many standing legal issues will be clear, then the progress will continue. the person based the prediction on various stuff that you may not understand, and I myself hardly understand, so lets see how bad ass he is, I will keep my promise and tell everyone who was it and how this was predicted. Disclaimer: don't base any of your trades based on this, this is no financial advise. |
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"rallies" on low volumes during week end "crash and burn" on high volumes during the rest of the week. its even more concerning as we didnt saw that much of a rally this week end. hence, hide your kids, hide your wives..   |
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The low volume is concerning and a true indicator that the price isn't quite right. Like has been said if these were really 'cheap coins' then we would have people clamoring to buy them, I think the gox effect and the loss of faith of many early adopters, along with their funds will be felt for a while longer.
I would agree if we were on a week day, but its sunday, lets wait tomorrow shall we? I wouldnt agree, in fact it is the contrary, we had quite busy weekends for some time now Bitstamp  Edit: today's volume is just horrible, I am just not convinced, signs for an up trend showed for a brief moment yesterday, I started to re-think my position but then it was all killed... |
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Dare to sell your signals? I would be interested to buy  buy my signals ? nope , not for sale, I share some of my signals for free here and most of the time i get trashed. Disclaimer: this doesn't mean I get them 100% right and also this doesn't mean I am giving a financial advise or a trade advice, you should make then on your own. |
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Some of us still remember, two weeks ago... looking to BTC/USD ratio,the share price is really attractive, I bet that when more hash power comes online the share price will double or even triple, especially if the BTC price keeps at these levels simply if CryptX manage to reinvest the 35% wisely, and even if the share price will be 3 times at what it is today, a share will break even and make profit, thinking that the Difficulty factor will raise forever is just insane, Moore's law will take over, and after few months there will be not significant difficulty raise and this operation will be one of the best to invest in. yes I did post that not trying to hide it and also I am not trying to be delusional, it would take months of hard work and it had to be proved with hashing power going online and custom boards made... but I never said the price would go up in a week or so... listen buddy I've been around here for a long time longer before I registered on this forum, I made many profits and I hold a good amount of BTC. if you would think that I am sharing my points of view to earn a couple of BTC than you are damn wrong, I wouldn't do that even for 100 BTC because simply my morals doesn't allow me to do that, also do not forget that I did own 1.6% of all standing shares out there, I was thinking about buying up to 5%, but I wasn't delusional like most of you here . pa še nekaj Ujka ne pametuj preveč... |
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BTW volume is horribly low, you would expect people fighting over these "cheap prices" and rallying to buy while it is still "cheap"...
type in bitcoin china in google search I guess they are buying in at this price there (hey just what I saw on a google search) go figure my 2c worth Searing I don't see any buying on exchanges.... I am watching charts like zombie but nope... look at the pic down 5 trades in the last 7 minutes !!! and they bearly make 1 BTC all together  you would see crazy rally of people buying if the price was right.... |
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BTW volume is horribly low, you would expect people fighting over these "cheap prices" and rallying to buy while it is still "cheap"...
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with that logic anyone who calculates bitcoin at $600 is delusional aswell
BTW Bitcoin is at less than 600, it could be even less in a couple of days, but again this is just me... it is not like I know anything. |
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Bitcoin you are boring me, please do something |
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15% hosting fee  wow, that was not expected was it !!!!! No one was thinking they could print money for free without costs, were you? Its still much cheaper as ANY hosting you can buy; read this thread. yes actually 0.0755BTC/share for 0,78 GH/s and you pay 15% of the income for hosting fees and 35% for reinvestment and 65% will get paid out as dividends, am I wrong ? this is the most cheap solution out there. do the math when all hardware is delivered (mid april) by then you will just have the 6GH/share (best estimation) wow very cheap so profit many GHs. and this week you supposed to get 62 miner, did you get them ? I am so stupid I should be killing my self for not buying the shares and for cashing out all my shares at 0.066 average..... I will rip off my cold wallet and buy shares to 0.2 BTC/share because this is still the best solution out there. get real people, PETA-MINE is not bad but your delusion made it look like cryptx will work for free and sell his house to make your dreams come true. |
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Go away with your emotional buy and hold propoganda. I've heard it a million times and I'm not interested in the buy and hold strategy. If all I ever did was buy and hold I'd have 2% of what I have now. I'd have NOTHING.
You've made 50X your original buy-in? So about the same as everyone who's been holding for a year, right? Is it worth all the stress to marginally outperform the market? I mean, you don't seem to be enjoying it, judging from your posts. I'm not marginally outperforming the market. I'm outperforming it by 5,000%. You must have misinterpreted my post. Let me get this straight. Bitcoin is up ~600% since you started trading, so you've made ~300X profit in fiat terms? Is that what you're claiming? That's difficult to believe considering some of the bad calls you've made. Good morning, I told you that people trade and make profit and you didnt believe and I showed you screen shots of my trades and my profits but you still attack traders and shoot buy and hold buy and hold, you know if I did that my average BTC cost would be 55.7 or near that, but you know what is my BTC average now ? well it is not $10 and not 5 and not $1 and not even $0.1/BTC but it is $-700, yes negative, that means that each BTC has generated $700 for me already, and that means even if BTC goes to $0 I wouldnt be effected, because it is like I sold all my BTC at $700. I never told you it is bad to buy and hold, in fact this is what I recommend all my friends to do, but we do trade and we are aware of the risks, for now if BTC price wont drop further and if we stay at this price or shoot up to 600-650 I will have to buy back with a 30-35 BTC loss and I am aware of this risk. but we tend to challenge the market by predicting moves and we get rewarded with X% profit or get fucked up, this is why trading is not for everyone... |
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Thanks for all the info guys.
Has anybody made a transfer of 100k $ to bitstamp? Is anything special necessary for the procedure?
Would this be to risky or is there any better alternative to buy a large amount of btc?
Thanks again.
I made large transfers in and out, the only thing is when you trigger AML alarm they ask you to answer 6 questions when you do it will take a couple of days to verify the answers then you are good. How exactly is AML triggered? Thanks! I sent you a PM about the questions, but for other users, you will have to answer the 6 question so they understand the origin of the funds and your relation with Bitstamp, I found bitstamp to be one of the best exchange implementing anti money laundering laws, so honestly answer the questions because it is the only way you get your money credited fast: first kind:We kindly ask you to send us a high resolution image double page of your international passport and answer the following KYC questionnaire: 1. How did you learn about Bitcoin? 2. What is the purpose of your trading on Bitstamp? Please describe in as much detail as possible how you intend to use your trading account. 3. Which bank are you using? Please provide the complete address and SWIFT code. 4. Estimated amount that you would be depositing/withdrawing to/from your Bitstamp account per month (in USD and BTC)? 5. What type of trading will you conduct? Buying/selling/both? Estimated trade volume per month? 6. What is the source of the funds which you are depositing to your Bitstamp account? Please provide any financial documentation which can confirm how the funds sent to your Bitstamp account were acquired. We kindly ask you to submit your answers and documents in a reply to this ticket. second kind:We kindly ask you to answer the following KYC questionnaire: 1. How did you learn about Bitcoin? 2. The purpose of trading on Bitstamp? 3. What is the origin of the deposited Bitcoins? If mining, please specify your hardware specifications and submit a receipt or an invoice for your mining equipment. 4. When and how did you obtain your Bitcoins? 5. What is the reason for your activity - depositing BTC, selling, withdrawing? 6. What are your future plans and activities planned on our exchange? 7. Do you plan more of such withdrawals in the future? If yes, how many and why? 8. Which bank are you using? Please provide the complete address and SWIFT code. We kindly ask you to submit your answers and documents in a reply to this ticket |
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15% hosting fee wow, that was not expected was it !!!!! |
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