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suukool (OP)
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December 29, 2013, 12:23:48 AM |
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Wilhelm
Legendary
 Offline
Activity: 1652
Merit: 1265
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December 29, 2013, 12:27:40 AM |
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One of the site says
"DONT PANIC - Bitcoinity switched to mBTC as the default bitcoin unit."
Other than that I don't see anything rising yet ....
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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black_swan
Newbie
Offline
Activity: 42
Merit: 0
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December 29, 2013, 12:29:44 AM |
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nope! same thing happened between 12th and 15th, this time it takes a bit longer to rebound.
it's still bearish, imho until second week of 2014
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suukool (OP)
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December 29, 2013, 12:35:35 AM |
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One of the site says
"DONT PANIC - Bitcoinity switched to mBTC as the default bitcoin unit."
Other than that I don't see anything rising yet ....
BTC just jumped from a steady 730 to 780 on MtGox within seconds. There is trading lag like crazy, all the exchanges are rising. Something is happening. |
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Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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December 29, 2013, 12:38:30 AM |
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One of the site says
"DONT PANIC - Bitcoinity switched to mBTC as the default bitcoin unit."
Other than that I don't see anything rising yet ....
BTC just jumped from a steady 730 to 780 on MtGox within seconds. There is trading lag like crazy, all the exchanges are rising. Something is happening. Cool!!! Didn't notice it since we've been hovering under $800 for a while. I do see the 5 green candles in the charts that's a good omen  Let's see if a trend gets started... |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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MatTheCat
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December 29, 2013, 12:42:44 AM |
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Something is happening.
Yes something is happening. The slight bullish trend that transpired looks to be reversing itself and a bearish trend is reforming. If we are in for any Bitcoin 'surprises' in the coming days/weeks I would suggest its far more likely to be a nasty one (if your holding any great amount) than a pleasant one, |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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December 29, 2013, 12:55:08 AM |
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Nothing is happening at all. Volume is still dead. MtGox was at 765-790 the entire day until some manipulator(s) decided to dump through 760 support. Stop losses were hit here and there and a few day traders started closing their longs which caused the price to go down to 715 shortly, but the manipulation doesn't seem to have been very successful so far so now we're back to the earlier trading range with the same crappy volume and a market that's still undecided.
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Bitcoin = Gold on steroids
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Hunterbunter
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December 29, 2013, 04:47:15 AM |
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I think this is a bull trap. There's very weak buying even after the Bank of America made words of encouragement.
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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December 29, 2013, 04:49:28 AM |
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If you are talking about the Merrill Lynch analysis, the only way to interpret it at the juncture it was released was that Bitcoin was currently grossly overvalued. It set up some conditions of adoption and usage of store of value that could be met sometime in the future, but were far from met today.
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GigaCoin
Sr. Member
Offline
Activity: 308
Merit: 251
Giga
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December 29, 2013, 03:00:01 PM |
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Nothing happend
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GeniuSxBoY
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December 29, 2013, 10:42:44 PM |
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Nothing happend
that's what your girlfriend said to me last night, with a smile and a wink.  |
Be humble!
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Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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December 29, 2013, 11:47:33 PM |
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However now there is a highish volume positive movement...  |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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Jcw188
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December 30, 2013, 04:15:50 AM |
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Bit coin price is weird. It almost seems like it gets calm and then explodes higher, sometimes for seemingly no reason. The key is whether there is any follow through or not.
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KUCOIN
Gate.io | | |
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GeniuSxBoY
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December 30, 2013, 04:54:07 AM |
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Bit coin price is weird. It almost seems like it gets calm and then explodes higher, sometimes for seemingly no reason. The key is whether there is any follow through or not.
The reason is simple. A person or persons placed orders because they wanted some bitcoins. |
Be humble!
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Soopaman
Newbie
Offline
Activity: 13
Merit: 0
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December 30, 2013, 05:22:04 AM |
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Stagnation is happening.
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TERA
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December 30, 2013, 05:23:26 AM |
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What's going on right now is low volume and heavy manipulation.
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Salivan
Full Member
Offline
Activity: 195
Merit: 102
DiMS dev team
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December 30, 2013, 05:52:06 AM |
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typical post crash outlook nothing of interest, yet
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suukool (OP)
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December 30, 2013, 03:41:06 PM |
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Nothing happend
Jan 1st. We at 800+ on Gox now. Still going up! |
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T.Stuart
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December 30, 2013, 04:45:42 PM |
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What's going on right now is low volume and heavy manipulation.
Surely that would be "low volume and light manipulation" then wouldn't it? |
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