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bassclef
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May 28, 2014, 07:47:31 PM |
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Have we already seen the full extent of the effect of the Willy Bot news? If it gets more substantiated in some way, would we face more negative sentiment? How did the story affect holders who may have bought based on that perceived buying pressure in the last bubble?
I personally didn't put much serious consideration into the Willy nonsense. Since Gox is priced in, it would affect the market little, if any. Plus traders noticed it turn on/off while it was running, so it's not something new. I turned more bearish last night watching the waning buy support on Huobi (the market maker, aka exchange to watch first) around 3600. The longer this sideways/downward consolidation draws out on decreased volume, the more chance bears will start to sell. We are also overbought on the 1d/3d RSI, historically a pretty decent indicator when calling tops. What comes up, must come down. Markets tend to fall on their own weight when there's not enough buy support. This is especially true of these markets because they are so small and overshoot like an excited teenager, then correct heavily. All in good time though. I'm still bullish for the coming months. Good times ahead for BTC holders. |
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Bitcopia
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May 28, 2014, 07:51:44 PM |
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Imagine a room full of people, not a big room (a large garage maybe) and they and cooperating to build something.
I don't think that is a good analogy for this thread... Rather, a bar where a couple hundred random football fans are watching a game on TV and betting on it?  Maybe you're right, but don't forget to add the old guy in the corner saying "This 'football' thing will never catch on, you know" I was trying to think of how Jorge fits into his own analogy. This is perfect! |
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Adrian-x
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Activity: 1372
Merit: 1000
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May 28, 2014, 08:00:03 PM |
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Maybe you're right, but don't forget to add the old guy in the corner saying "This 'football' thing will never catch on, you knowI'm hilly skeptical this 'football' thing is going to end well, the prudent thing to do is warn people of the danger in playing, and why play anyway this game is also rigged."
FTFU  Sorry Jorge I can't help myself, I just need to know why? |
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ChartBuddy
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Activity: 2240
Merit: 1780
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 28, 2014, 08:00:36 PM |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 28, 2014, 08:11:53 PM |
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KFR
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May 28, 2014, 08:13:00 PM |
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Maybe you're right, but don't forget to add the old guy in the corner saying "This 'football' thing will never catch on, you knowI'm hilly skeptical this 'football' thing is going to end well, the prudent thing to do is warn people of the danger in playing, and why play anyway this game is also rigged."
FTFU Sorry Jorge I can't help myself, I just need to know why? I suspect it's because he sees Bitcoin as a tool exclusively of interest to people with whose politics he disagrees. It's one of the many things he's wrong about but, for my money, that's possibly the most egregious one. |
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amitrwt
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May 28, 2014, 08:13:31 PM |
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seems like btc-e is liking 555.55$ rate too much.. saw it way too many times in last few hours..! now up at 557.50$ though
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 28, 2014, 08:15:54 PM |
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seems like btc-e is liking 555.55$ rate too much.. saw it way too many times in last few hours..! now up at 557.50$ though
yes walls at btc-e holding us back... oh well not for long side note: stamps will not go lower than 570 ever again. |
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aminorex
Legendary
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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May 28, 2014, 08:17:21 PM |
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Every time you buy a bitcoin, you're giving Hitler a punch in the face.
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bigdave
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May 28, 2014, 08:20:04 PM |
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seems like btc-e is liking 555.55$ rate too much.. saw it way too many times in last few hours..! now up at 557.50$ though
yes walls at btc-e holding us back... oh well not for long side note: stamps will not go lower than 570 ever again. Interesting you say that as Stamp was at 568 just 45 minutes ago. EDIT: And it is now 569. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 28, 2014, 08:22:33 PM |
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hmmmstrange
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May 28, 2014, 08:25:42 PM |
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Let me say it again: if I believe that the medicine you are selling is snake oil, why should I give you a mailing list of people for you to send them free samples and advertising?
Selling? We are giving out free samples Would you deprive your poor students of free penis enlargement pills and royal Nigerian money, too? Well, I was thinking that with you being an enthusiastic student of snake oil, you might want to study the effects of using it on the next best test group to laboratory rats - university students  @hmmmstrange: we will have to find someone else - as expected. Are you still up to it? Yep, i'm still in. In the process of getting help from the Brazil Bitcoin Foundation. |
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amitrwt
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May 28, 2014, 08:31:50 PM |
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seems like btc-e is liking 555.55$ rate too much.. saw it way too many times in last few hours..! now up at 557.50$ though
yes walls at btc-e holding us back... oh well not for long side note: stamps will not go lower than 570 ever again. Stamp just went below 570 :p seconds after this post :p its not a that big of deal though..! I'm more than happy with this stable market too I guess it will stay here for some time like it was at 430-450$ mark early this month for almost a month or so and then went up to 590$ mark in a boom..! |
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ErisDiscordia
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Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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May 28, 2014, 08:33:56 PM |
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Let me say it again: if I believe that the medicine you are selling is snake oil, why should I give you a mailing list of people for you to send them free samples and advertising?
Selling? We are giving out free samples Would you deprive your poor students of free penis enlargement pills and royal Nigerian money, too? Well, I was thinking that with you being an enthusiastic student of snake oil, you might want to study the effects of using it on the next best test group to laboratory rats - university students @hmmmstrange: we will have to find someone else - as expected. Are you still up to it? Yep, i'm still in. In the process of getting help from the Brazil Bitcoin Foundation. Great to hear that! aaah foundations. Shall we create our own group for this so academics might easier label and categorize us? I propose we call ourselves the Jovial Organization Representing Generous Erisians |
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eagles343
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Activity: 31
Merit: 0
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May 28, 2014, 08:38:55 PM |
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i am no Brazilian university student, but i will take some free samples!  |
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akujin
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May 28, 2014, 08:40:43 PM |
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ErisDiscordia
Legendary
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Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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May 28, 2014, 08:41:01 PM |
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i am no Brazilian university student, but i will take some free samples! If successful and well-funded, J.O.R.G.E. might expand its activities to students around the world |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 28, 2014, 08:41:12 PM |
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akujin
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May 28, 2014, 08:45:38 PM |
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1st place: Rpietila 2nd place: adamstgBit Who's next? LOL! |
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wachtwoord
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Activity: 2324
Merit: 1125
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May 28, 2014, 08:49:33 PM |
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Too bad you didn't want to bet |
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Poll
