Kramerc
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April 23, 2017, 10:30:01 AM |
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Afrikoin, just for clarity are you ozone63?
No Not me ATH + $18.5. I know, bitfinex doesn't count.
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Afrikoin (OP)
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alan watts is all you need
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April 23, 2017, 06:21:01 PM |
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Afrikoin (OP)
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April 23, 2017, 06:34:14 PM |
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JimboToronto
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You're never too old to think young.
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April 23, 2017, 06:49:15 PM |
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What is keeping the price propped up and why will it not crash? This all seems so weird to me... The same thing with the alt coins, it makes no sense...
Because Bitcoin is designed to keep increasing in value. Scarcity is programmed in and worldwide adoption is an ongoing affair. There's no reason to expect a crash. Sorry, traditional technical analysis doesn't apply.
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Afrikoin (OP)
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April 23, 2017, 07:01:27 PM |
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york780
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April 23, 2017, 07:06:31 PM |
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I also saw this tweet. Looks like they dont want a price rise. According to whaleclub BTC is going to drop bigtime. The market really wants a drop. More traders are short inspite of long ATM according to the big exchanges.
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Okurkabinladin
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April 23, 2017, 10:45:20 PM |
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What is keeping the price propped up and why will it not crash? This all seems so weird to me... The same thing with the alt coins, it makes no sense...
Because Bitcoin is designed to keep increasing in value. Scarcity is programmed in and worldwide adoption is an ongoing affair. There's no reason to expect a crash. Sorry, traditional technical analysis doesn't apply. What the hell are you even talking about? In TA thread none the less. "Bitcoin will increase in value, because it was designed to increase in value." This coming from a member, who joined back in 2013... I think, I am going to short on maximum leverage. If I ever saw bearish sign, this is it. And decreasing volume. And paralyzed China. And insolvent Finex.
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Ted E. Bare
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April 23, 2017, 11:54:05 PM |
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I would expect more rational perspective from seasoned member like you, Ted.
Unless we break 1250, 800 is in the play.
We've seen 1250. Are we rich yet?
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Okurkabinladin
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April 24, 2017, 01:00:23 AM |
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I would expect more rational perspective from seasoned member like you, Ted.
Unless we break 1250, 800 is in the play.
We've seen 1250. Are we rich yet? And did we break it or stay there? While bad news keep mounting up and volume dried up? Ah, screw it, I am betting meager 50 dollars I have right now on Okcoin, just to prove you, I mean bussiness. Maximum leverage on shorting. I have rest of the funds off exchanges for the time being.
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Okurkabinladin
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April 24, 2017, 01:17:43 AM |
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Ive just noticed, Afrikoin, that you bought back in on Bit-Simulator. So did your count change or? Should we seek 1500 like York mentioned earlier?
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Ted E. Bare
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April 24, 2017, 01:32:54 AM |
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I would expect more rational perspective from seasoned member like you, Ted.
Unless we break 1250, 800 is in the play.
We've seen 1250. Are we rich yet? And did we break it or stay there? While bad news keep mounting up and volume dried up? Ah, screw it, I am betting meager 50 dollars I have right now on Okcoin, just to prove you, I mean bussiness. Maximum leverage on shorting. I have rest of the funds off exchanges for the time being. Okay, short @ 7150 noted for future reference.
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boyshx
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April 24, 2017, 01:38:41 AM |
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So theres a million btc wall waiting when the price hits 1253 in bitstamp?
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RyNinDaCleM
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Legen -wait for it- dary
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April 24, 2017, 01:55:16 AM |
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[img] So theres a million btc wall waiting when the price hits 1253 in bitstamp? No, there is a Million Dollar BTC ask wall. That would be less than 1000 BTC. meh
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Afrikoin (OP)
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April 24, 2017, 05:29:41 AM |
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Ive just noticed, Afrikoin, that you bought back in on Bit-Simulator. So did your count change or? Should we seek 1500 like York mentioned earlier? depends on which exchange The simulator is my way to control my emotions. make nothing of it.
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Afrikoin (OP)
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alan watts is all you need
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April 24, 2017, 05:32:20 AM |
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What is keeping the price propped up and why will it not crash? This all seems so weird to me... The same thing with the alt coins, it makes no sense...
Because Bitcoin is designed to keep increasing in value. Scarcity is programmed in and worldwide adoption is an ongoing affair. There's no reason to expect a crash. Sorry, traditional technical analysis doesn't apply. What the hell are you even talking about? In TA thread none the less. "Bitcoin will increase in value, because it was designed to increase in value." This coming from a member, who joined back in 2013... I think, I am going to short on maximum leverage. If I ever saw bearish sign, this is it. And decreasing volume. And paralyzed China. And insolvent Finex. depends on your trading style or strategy. i am waiting to buy back when it drops. unleveraged. i too wonder at how people are bullish given all thats going on. almost makes me think I AM crazy! i guess we all have to wait and see already, you can tell MSM is not all over the bitfinex ATH like they were when we made an ATH early last year. Why? why are there not dozens of articles coming out proclaiming these new highs? from main stream media? this rise is not like tha last rise to $1350. something is off about this one
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Afrikoin (OP)
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alan watts is all you need
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April 24, 2017, 05:40:08 AM |
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if your grandma came to you today saying she wanted to go in on bitcoin. 25% of her retirement savings
would you advise her to buy?
or wait?
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FiendCoin
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The devil is in the detail.
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April 24, 2017, 05:50:47 AM |
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if your grandma came to you today saying she wanted to go in on bitcoin. 25% of her retirement savings
would you advise her to buy?
or wait?
I would say wait, it has to drop soon. but BTC can surprise us I guess.
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"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
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Afrikoin (OP)
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April 24, 2017, 05:59:50 AM |
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vinny's new post this one is too emo for my liking he talks about price in this para "That said, I still believe that only a Bitcoin price below $875 would force parties to reach an agreement, which was my thesis when I wrote The Power of the Invisible Hand. I did not expect that market forces would keep the Bitcoin price above $1,000 for long because I believed that the incentive to move forward was not there and therefore the market would adjust. Clearly I was wrong in that expectation, but the direction for Bitcoin is still clearly being indicated by the invisible forces of the market — viz. maintaining the status quo. And maybe, that’s not a bad thing, at least for a while."Satoshi’s Choice https://vinnylingham.com/satoshis-choice-a439057e2d11
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Afrikoin (OP)
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April 24, 2017, 08:33:48 AM |
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boyshx
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April 24, 2017, 11:22:39 AM |
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[img] So theres a million btc wall waiting when the price hits 1253 in bitstamp? No, there is a Million Dollar BTC ask wall. That would be less than 1000 BTC. meh Meh indeed
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