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mobodick (OP)
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August 31, 2012, 11:30:58 AM |
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Apparently a good day to be a bear?
Time to sell?
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Technomage
Legendary
 Offline
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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August 31, 2012, 11:38:23 AM |
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I don't really see anyone other than a very weak hand selling at the moment. It will most likely fall for a while but when that fall stops... be ready.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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Photon939
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August 31, 2012, 11:41:24 AM |
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The market has been oddly quiet the last two days, should be interesting
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zby
Legendary
Offline
Activity: 1592
Merit: 1001
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August 31, 2012, 11:48:47 AM |
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I don't really see anyone other than a very weak hand selling at the moment. It will most likely fall for a while but when that fall stops... be ready.
That's the same thing you were writing last August - it did eventually stop - but in terms of time frames you missed completely. I don't really think that it will be repeated this time exactly but it was not 'weak' to sell last August. |
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hazek
Legendary
Offline
Activity: 1078
Merit: 1003
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August 31, 2012, 02:41:26 PM |
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The market has been oddly quiet the last two days, should be interesting
This is what I observed: For about two - three days (Tuesday - Thursday) the action went as follows: Price was around $10.5, what followed were a bunch of small volume buys driving the price slowly up towards $11.2 and then somewhere around that price BAM someone sells a few thousand BTC all at once driving the price right back down to around $10.5 and this repeated a few times. Yesterday and today on the other hand things have quieted down significantly and to me it seems there's a standoff between buyers and sellers testing who's going to give in sooner. As I sold at $10.78 yesterday my bet is on the sellers and I believe we're going lower for the short term. |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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mobodick (OP)
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August 31, 2012, 07:42:07 PM |
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The market has been oddly quiet the last two days, should be interesting
This is what I observed: For about two - three days (Tuesday - Thursday) the action went as follows: Price was around $10.5, what followed were a bunch of small volume buys driving the price slowly up towards $11.2 and then somewhere around that price BAM someone sells a few thousand BTC all at once driving the price right back down to around $10.5 and this repeated a few times. Yesterday and today on the other hand things have quieted down significantly and to me it seems there's a standoff between buyers and sellers testing who's going to give in sooner. As I sold at $10.78 yesterday my bet is on the sellers and I believe we're going lower for the short term. Hold on! |
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misterbigg
Legendary
Offline
Activity: 1064
Merit: 1001
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August 31, 2012, 07:47:27 PM |
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I saw someone sell 7,500 BTC today, it took the price down to $10.
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hazek
Legendary
Offline
Activity: 1078
Merit: 1003
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August 31, 2012, 07:55:13 PM |
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Am I getting lucky with my prediction?
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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mobodick (OP)
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August 31, 2012, 07:59:19 PM |
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Am I getting lucky with my prediction?
$9.87 I dunno, you tell me.  |
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1Pakis
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August 31, 2012, 08:01:49 PM |
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Am I getting lucky with my prediction?
at what price do you have buy orders? |
Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
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August 31, 2012, 08:04:39 PM |
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Am I getting lucky with my prediction?
at what price do you have buy orders? At the last one  |
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Cablez
Legendary
Offline
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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August 31, 2012, 08:16:01 PM |
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Where's adam for this? Single digit coins for sale!!! What's that noise? Oh its me snapping them up, lol.
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Tired of substandard power distribution in your ASIC setup??? Chris' Custom Cablez will get you sorted out right! No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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jojo69
Legendary
Offline
Activity: 3332
Merit: 4615
diamond-handed zealot
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August 31, 2012, 08:17:26 PM |
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Look at the wider markets...the world is J hole crazy today
this might not last long
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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August 31, 2012, 08:18:46 PM |
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Look at the wider markets...the world is J hole crazy today
this might not last long
J hole?  |
Bro, do you even blockchain?
-E Voorhees
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SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
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August 31, 2012, 08:24:49 PM |
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Look at the wider markets...the world is J hole crazy today
this might not last long
J hole? +1 |
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jojo69
Legendary
Offline
Activity: 3332
Merit: 4615
diamond-handed zealot
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August 31, 2012, 08:29:50 PM |
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sigh
Federal Reserve chairman Ben Bernanke's annual remarks at Jackson Hole WY...primary driver of today's market action
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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hazek
Legendary
Offline
Activity: 1078
Merit: 1003
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August 31, 2012, 08:30:09 PM |
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Am I getting lucky with my prediction?
at what price do you have buy orders? Not placed yet, I speculate I might try and buy between $7.5 - $8.5. |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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hazek
Legendary
Offline
Activity: 1078
Merit: 1003
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August 31, 2012, 08:41:38 PM |
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They'll have to do it eventually, especially since the crash that would follow the already 60% priced in easing but that wouldn't come would be of epic proportions and they can't afford to let that happen. They rather destroy the dollar, I'm certain of it. Either way it's the end of their system. |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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kwukduck
Legendary
Offline
Activity: 1937
Merit: 1001
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August 31, 2012, 09:00:09 PM |
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lol you're already very late if you still have to sell, better be quick before it hits 0
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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