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Hypnoise
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March 30, 2014, 02:13:13 PM |
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that was the bottom, where is another bottle cheers  this simply isn't so till we have something to confirm fud, and unleash cannons of fiat. yes you are right |
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Even in the event that an attacker gains more than 50% of the network's
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reversed or double-spent. The network would not be destroyed.
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adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 30, 2014, 02:16:58 PM |
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457
what the fuck
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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March 30, 2014, 02:19:58 PM |
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Here, I'll go and say it: there's a chance we're about to find out 380/400 wasn't the ultimate bottom. Maybe not today, but it starts feeling pretty bleak, in the sense that cheap 400 coins start feeling like fairly priced 400 coins. I can be corrected of course, by any decent volume uninterrupted counter trend that lasts longer than 3 days, but lately those get shot down pretty quickly. I remember laughing at lucif 's EW prediction that this won't be a quick correction like last time, but I start having doubts about my reaction back then.
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JorgeStolfi
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March 30, 2014, 02:20:08 PM |
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am still skeptical...
Care to summarise? I would rather wait a few days if you don't mind. But I have posted my reasons before; I see nothing wrong with the protocol itself, it is all about my understanding of how the world works, what is possible to do in it, and how a bitcoin economy could (or could not) work. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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March 30, 2014, 02:23:32 PM |
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even some of the permabulls are bearish
the bottom must be here soon...
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dnaleor
Legendary
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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March 30, 2014, 02:23:38 PM |
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All that bearish sentiment. I get the same feeling as in the summer of 2013:  Keep calm and HODL edit: 130 USD ~ 720-800 USD 65 USD ~ 400-450 USD |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 30, 2014, 02:26:31 PM |
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457
what the fuck
451  AHHHHHHH |
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JCviggen
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March 30, 2014, 02:27:04 PM |
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All that bearish sentiment. I get the same feeling as in the summer of 2013: Keep calm and HODL Ah yes, that's where I sold all my 32 BTC.  Like, literally the lowest spot. |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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March 30, 2014, 02:27:23 PM |
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457
what the fuck
451 AHHHHHHH 449  |
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magicmexican
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March 30, 2014, 02:27:27 PM |
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i am betting on 392 as the new bottom
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CoinRocka
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March 30, 2014, 02:28:08 PM |
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March 28, 2014 - 10:01:01 AM CET. 16,179,745.59 USD 9,530.79 BTC 23,740.40 LTC
March 30, 2014 - 10:07:56 AM CEST. 17,255,586.49 USD 8,814.56 BTC 23,852.00 LTC
March 30, 2014 - 01:44:49 PM CEST. 17,297,316.35 USD 7,837.08 BTC 24,669.27 LTC
March 30, 2014 - 03:37:31 PM CEST. 16,070,695.32 USD 6,807.79 BTC 23,030.25 LTC
Never gonna give you up, never gonna let you down? well, some 1.2m USD worth of longs gave up.
Still, only buyers of 6807 BTC left to sell to now and 16m margin longs and only 11.3m of bids in the entire orderbook and a lot of those is just 1 guy.
such guy:
15:20 + BID: 240.24000000 BTC @ $ 454.00 | USDSUM = $ 109068.96
15:20 + BID: 240.24000000 BTC @ $ 449.50 | USDSUM = $ 107987.88
15:20 + BID: 240.24000000 BTC @ $ 445.00 | USDSUM = $ 106906.80
15:20 + BID: 240.24000000 BTC @ $ 440.50 | USDSUM = $ 105825.72
15:20 + BID: 240.24000000 BTC @ $ 436.00 | USDSUM = $ 104744.64
15:20 + BID: 240.24000000 BTC @ $ 431.50 | USDSUM = $ 103663.56
15:20 + BID: 240.24000000 BTC @ $ 427.00 | USDSUM = $ 102582.48
15:20 + BID: 240.24000000 BTC @ $ 422.50 | USDSUM = $ 101501.40
15:20 + BID: 240.24000000 BTC @ $ 418.00 | USDSUM = $ 100420.32
15:20 + BID: 240.24000000 BTC @ $ 413.50 | USDSUM = $ 99339.24
15:20 + BID: 240.24000000 BTC @ $ 409.00 | USDSUM = $ 98258.16
15:20 + BID: 240.24000000 BTC @ $ 404.50 | USDSUM = $ 97177.08
15:20 + BID: 240.24000000 BTC @ $ 400.00 | USDSUM = $ 96096.00
15:20 + BID: 240.24000000 BTC @ $ 395.50 | USDSUM = $ 95014.92
15:20 + BID: 240.24000000 BTC @ $ 391.00 | USDSUM = $ 93933.84
15:20 + BID: 240.24000000 BTC @ $ 386.50 | USDSUM = $ 92852.76
15:20 + BID: 240.24000000 BTC @ $ 382.00 | USDSUM = $ 91771.68
such balls. wow
Market manipulation or really playing against the market? He could get a lot of btc! 1.6millions of buy orders! Andressen. |
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MANofthePEOPLE
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March 30, 2014, 02:28:53 PM |
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Will BTC recover ? if so how long and when ?
Depends if you ask fonzie or billiejean. According to fonzie it's probably going down the drain and if you ask billiejean we are heading towards 1 mill/coin within a few weeks |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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March 30, 2014, 02:29:01 PM |
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holy crap, that ask depth is very low though
there is gonna be a violent upswing sooner or later
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magicmexican
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March 30, 2014, 02:30:07 PM |
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Will BTC recover ? if so how long and when ?
Depends if you ask fonzie or billiejean. According to fonzie it's probably going down the drain and if you ask billiejean we are heading towards 1 mill/coin within a few weeks the truth is probably the combination of 2, first we are going to 0$, and rebound to 1 mil/coin |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 30, 2014, 02:30:18 PM |
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holy crap, that ask depth is very low though
there is gonna be a violent upswing sooner or later
It will be spectacular  |
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dnaleor
Legendary
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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March 30, 2014, 02:32:08 PM |
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I sold 5% of my coins just in cae the bottom is below 400 USD. So I have some cash to pick up cheap coins on the way down. But I do not expect that. I will buy back those 5% when BTC hits 500 USD again, with a 20 USD loss per coin. I am willing to take that risk (I rather see it as an insurance). But I do not really think we go below 400 USd for a long time; Maybe flash crash to 380 at most. Although I think we will bounce at 420 or something. Just HODL |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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March 30, 2014, 02:35:28 PM |
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am still skeptical...
Care to summarise? I would rather wait a few days if you don't mind. But I have posted my reasons before; I see nothing wrong with the protocol itself, it is all about my understanding of how the world works, what is possible to do in it, and how a bitcoin economy could (or could not) work. Can't say I blame you  Something Bitcoin has opened my eyes to is societies resilience to change and Bitcoin will certainly face far more resilience than most innovations. I wonder where the make or break point will be for bitcoin I initially thought it would be sometime in 2014 but I don't know I just don't get what would stop bitcoin cause even if all governments in the world would ban bitcoin, there would be a black market for it and because of this instrintic value that means it will also serve as a store of value and then we are still looking at a value well over $10k for a bitcoin |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 30, 2014, 02:39:15 PM |
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457
what the fuck
451 AHHHHHHH 449 445  |
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magicmexican
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March 30, 2014, 02:39:40 PM |
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i wonder when some buyers will finally show up
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