empowering
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Activity: 1078
Merit: 1441
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July 25, 2014, 02:19:48 PM |
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It's nothing surprising, people change bullish to bearish and vice versa.
But Market is not going anywhere atleast for 1-2 weeks too.
A nomenclature question: bulls believe the price will go up, bears believe that it will go down. What animal believes that the price will not change? An ostrich? A goldfish? A mole? Maybe a panda? yeah thats it... a giant panda |
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hdbuck
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Activity: 1260
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July 25, 2014, 02:22:11 PM |
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It's nothing surprising, people change bullish to bearish and vice versa.
But Market is not going anywhere atleast for 1-2 weeks too.
A nomenclature question: bulls believe the price will go up, bears believe that it will go down. What animal believes that the price will not change? Maybe a panda? yeah thats it... a giant panda my bitcoin!  |
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empowering
Legendary
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Activity: 1078
Merit: 1441
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July 25, 2014, 02:23:07 PM |
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It's nothing surprising, people change bullish to bearish and vice versa.
But Market is not going anywhere atleast for 1-2 weeks too.
A nomenclature question: bulls believe the price will go up, bears believe that it will go down. What animal believes that the price will not change? Maybe a panda? yeah thats it... a giant panda my bitcoin!    |
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Torque
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Activity: 3556
Merit: 5041
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July 25, 2014, 02:25:24 PM |
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MMitech is one of the most pathetic people on this board. Writes an article about how great Litecoin is...LOL. Now trolls everyone while price is dropping when he admits he just wants to make money himself. GTFO and go cry on your own.
No, now he's going on Litecointalk and posting doom about LTC, all the while promoting DRK. Jesus dude, switch horses much? This is how you kill personal credibility on forums. post a link where I doomed LTC... be a man and do it. Edit: in fact, post a link where I doomed any coin except Dogecoin. That is how I interpreted your comments on Litecointalk, that you don't care about BTC or LTC anymore, that you'll just jump on the next altcoin/shitcoin bandwagon to try and make money on pump and dumps. Here's EXACTLY what you said: to be honest, I don't really give a shit about what coin will succeed as long as I have a piece of it, most will tell you that this is changing the world and this is changing the money as we know it but I tell you I am here to take profits and nothing more, should it be Bitcoin or Litecoin or Drkcoin that will suceed, hell it could be shitcoin... it doesnt matter as long as I am making profits
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empowering
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Activity: 1078
Merit: 1441
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July 25, 2014, 02:29:28 PM |
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It's nothing surprising, people change bullish to bearish and vice versa.
But Market is not going anywhere atleast for 1-2 weeks too.
A nomenclature question: bulls believe the price will go up, bears believe that it will go down. What animal believes that the price will not change? In the farm there are Bulls Bears, Pigs and Chickens, and then somewhere far away from the farm splashing around having a whale of a time ( ) there are the whales... Dats all the animals- oh and then there are monkeys too... and the occaisonal dinosaur, llamas, and unicorns... but I believe that to be a more localised phenomenon |
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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July 25, 2014, 02:32:21 PM |
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MMitech is one of the most pathetic people on this board. Writes an article about how great Litecoin is...LOL. Now trolls everyone while price is dropping when he admits he just wants to make money himself. GTFO and go cry on your own.
No, now he's going on Litecointalk and posting doom about LTC, all the while promoting DRK. Jesus dude, switch horses much? This is how you kill personal credibility on forums. post a link where I doomed LTC... be a man and do it. Edit: in fact, post a link where I doomed any coin except Dogecoin. That is how I interpreted your comments on Litecointalk, that you don't care about BTC or LTC anymore, that you'll just jump on the next altcoin/shitcoin bandwagon to try and make money on pump and dumps. Here's EXACTLY what you said: to be honest, I don't really give a shit about what coin will succeed as long as I have a piece of it, most will tell you that this is changing the world and this is changing the money as we know it but I tell you I am here to take profits and nothing more, should it be Bitcoin or Litecoin or Drkcoin that will suceed, hell it could be shitcoin... it doesnt matter as long as I am making profits
an honest statement there, and most of you here invested for the same fucking reason, if you didn't think that Bitcoin would skyrocket you wouldn't fucking invest, in fact if you knew now that the price will crash to $10 wouldn't you sell? better keep holding, because bitcoin came to save you from your selves. there is many delusional dick-heads here, stop pretending....when the most of the day you cry about the price not going anywhere and most of the time show your frustration about the expected bubble not happening, in the real world economics bubbles are bad, but only in Bitcoin bubbles seems to be the best things can happen, because most of the people here became greedy fucking bastards that refuse to admit their wish to profit. I admit investing just to make profit, and I literary don't give a single fuck about which coin will succeed as long as I have a piece of it. |
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dreamspark
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July 25, 2014, 02:33:34 PM |
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MMitech is one of the most pathetic people on this board. Writes an article about how great Litecoin is...LOL. Now trolls everyone while price is dropping when he admits he just wants to make money himself. GTFO and go cry on your own.
No, now he's going on Litecointalk and posting doom about LTC, all the while promoting DRK. Jesus dude, switch horses much? This is how you kill personal credibility on forums. post a link where I doomed LTC... be a man and do it. Edit: in fact, post a link where I doomed any coin except Dogecoin. That is how I interpreted your comments on Litecointalk, that you don't care about BTC or LTC anymore, that you'll just jump on the next altcoin/shitcoin bandwagon to try and make money on pump and dumps. Here's EXACTLY what you said: to be honest, I don't really give a shit about what coin will succeed as long as I have a piece of it, most will tell you that this is changing the world and this is changing the money as we know it but I tell you I am here to take profits and nothing more, should it be Bitcoin or Litecoin or Drkcoin that will suceed, hell it could be shitcoin... it doesnt matter as long as I am making profits
Explains his deep hatred for Risto then as he has made his profits. mmtech goes on about egos and giving the noobs bad trading advice and generally acting unethically yet he openly advertises how unethical he is and just wants to pump and dump a shit coin on those who may not know better just as long as he's making profits. What a nice chap. |
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Ron~Popeil
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July 25, 2014, 02:33:44 PM |
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I am thinking long term so I don't mind a bear market. It allows me to accumulate more. I get excited when we have bull runs but in the back of my head I always know it just got a bit tougher to accumulate.
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Dotto
Legendary
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Activity: 981
Merit: 1005
No maps for these territories
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July 25, 2014, 02:58:35 PM |
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Traps, traps everywhere
Just hodl, if you feel compelled to sell its probably too late  I have never, ever, detach me from a bit. I will @>3000, 5000 and 10000 It´s all mathematically calculated and under control We need a bit more of capitulation and despair to happen C'mon, FUDsters and Strollfies, do your work! |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 25, 2014, 03:00:07 PM |
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cech4204a
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July 25, 2014, 03:11:19 PM |
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It went above 600$ in less than 1 day, i guess it was just a minor crash. Maybe bitcoins will rise soon, there were some news on 24.7. if i'm right but now i can't find it again what it was about, can somebody please let me know if that was the reason for crash?
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Dotto
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Activity: 981
Merit: 1005
No maps for these territories
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July 25, 2014, 03:19:55 PM |
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It went above 600$ in less than 1 day, i guess it was just a minor crash. Maybe bitcoins will rise soon, there were some news on 24.7. if i'm right but now i can't find it again what it was about, can somebody please let me know if that was the reason for crash?
Two circulating rumor/explanations: -people selling BTC to participate the Ethereum IPO. Ethereum directly cashing out BTC to fiat -the 24th of July self-prophecy about the 234 days bubble rubbing the wrong side I don´t buy that teories, I think it´s more due a random dump or another unexpected/unknowable reason |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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July 25, 2014, 03:22:34 PM |
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It went above 600$ in less than 1 day, i guess it was just a minor crash. Maybe bitcoins will rise soon, there were some news on 24.7. if i'm right but now i can't find it again what it was about, can somebody please let me know if that was the reason for crash?
Two circulating rumor/explanations: -people selling BTC to participate the Ethereum IPO. Ethereum directly cashing out BTC to fiat -the 24th of July self-prophecy about the 234 days bubble rubbing the wrong side I don´t buy that teories, I think it´s more due a random dump or another unexpected/unknowable reason yeah it looked very random to me. I think the people dumping there will be sorry soon and be forced to rebuy significantly higher. |
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BTCfan1
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July 25, 2014, 03:27:50 PM |
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It went above 600$ in less than 1 day, i guess it was just a minor crash. Maybe bitcoins will rise soon, there were some news on 24.7. if i'm right but now i can't find it again what it was about, can somebody please let me know if that was the reason for crash?
Two circulating rumor/explanations: -people selling BTC to participate the Ethereum IPO. Ethereum directly cashing out BTC to fiat -the 24th of July self-prophecy about the 234 days bubble rubbing the wrong side I don´t buy that teories, I think it´s more due a random dump or another unexpected/unknowable reason yeah it looked very random to me. I think the people dumping there will be sorry soon and be forced to rebuy significantly higher. I hadn't thought about people selling btc for ether, that actually makes a lot of sense given all the pr ethereum has gotten this week |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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July 25, 2014, 03:29:25 PM |
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It went above 600$ in less than 1 day, i guess it was just a minor crash. Maybe bitcoins will rise soon, there were some news on 24.7. if i'm right but now i can't find it again what it was about, can somebody please let me know if that was the reason for crash?
Two circulating rumor/explanations: -people selling BTC to participate the Ethereum IPO. Ethereum directly cashing out BTC to fiat -the 24th of July self-prophecy about the 234 days bubble rubbing the wrong side I don´t buy that teories, I think it´s more due a random dump or another unexpected/unknowable reason yeah it looked very random to me. I think the people dumping there will be sorry soon and be forced to rebuy significantly higher. I hadn't thought about people selling btc for ether, that actually makes a lot of sense given all the pr ethereum has gotten this week People that participated said the funds are in a multi-sig address and not used (yet of course). |
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JorgeStolfi
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July 25, 2014, 03:44:41 PM |
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Two circulating rumor/explanations:
-people selling BTC to participate the Ethereum IPO. Ethereum directly cashing out BTC to fiat
-the 24th of July self-prophecy about the 234 days bubble rubbing the wrong side
I don´t buy that teories, I think it´s more due a random dump or another unexpected/unknowable reason
The drop happened on July 24 09:00 UTC (17:00 in China), 7 hours after OKCoin opened its International section (July 24 10:00 am in China, 02:00 UTC). The BTC:USD price there opened at 606$ and fell almost immediately to 596$: https://www.okcoin.com/ (wait for the plot to show up). However the volume of the latter is still tiny (24 BTC in the last 24 hours). Apart from the 7 hour delay, the drop could not have been due to people selling their coins there. But perhaps the end-of-May rise was due to Mainland Chinese traders stocking up in bitcoin in antecipation of the launch; and the drop was due to some of them realizing that OKCoin/International was not what they expected it to be, for some reason, and dumping their coins back into the Mainland market? Perhaps they had not realized that they needed to re-register, and maybe get over some legal obstacles? |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 25, 2014, 04:00:09 PM |
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Chalkbot
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Activity: 896
Merit: 1001
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July 25, 2014, 04:07:53 PM |
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my guess, is these plays are confirming bear whale manipulation. Trying to create panic out of thin air since we've been off the react to China tip for a while now.
Again I feel things like Coinsetter, Circle going live will bring more buyers who just weren't ready to buy, yet! And Barry going full-time exchange operator bodes well for the competitive atmosphere surrounding the race for an industry standard bitcoin exchange.
Coinsetter: I have NOT used Coinsetter, but from the website, it appears as if it is already live. I saw that there was a .25% trading fee, but I could NOT figure out the fee, if any to deposit fiat or to cash out to fiat. Circle: About two months ago, I requested an invitation, and I have received a couple of acknowledgement e-mails from them. I have NOT received any invitation. I recall seeing a couple of pieces of information about Circle. First, it appears that there has been some use of Circle (but I cannot recall where I saw this information), and I do NOT know who has used Circle to make any transactions. Second, I recall reading some article (also, I cannot recall the article) that Circle would be sending out a large number of invitations in late July or early August. I am still waiting for such invitation, as I already mentioned.  I have a Circle account. Got my invite yesterday. I just checked my back e-mails to verify whether I missed something, and it appears that I have only received two e-mails from Circle. I received one e-mail from Circle on 5/27 acknowledging that they had received my request for an invite, and I received a second e-mail on 6/4 providing me a status update. Maybe I will get my invite from Circle within the coming days? Or maybe within the coming weeks? Chalkbot: When did you request your invite? Do you recall? Did you make your request before May 27? I went through my email to see if I had any kind of message indicating when I originally requested an invite, but if there was one, I must not have saved it. The demo video where Jeremy explains the service and demonstrates the website came out on May 16th, and I had signed up a ways before that, when all we knew was there was a new bitcoin service called "Circle" coming, and the website had exactly that much information. I don't recall how much time there was between the first announcement and the demo. Possibly several months. |
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minerpumpkin
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July 25, 2014, 04:30:02 PM |
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It went above 600$ in less than 1 day, i guess it was just a minor crash. Maybe bitcoins will rise soon, there were some news on 24.7. if i'm right but now i can't find it again what it was about, can somebody please let me know if that was the reason for crash?
Two circulating rumor/explanations: -people selling BTC to participate the Ethereum IPO. Ethereum directly cashing out BTC to fiat -the 24th of July self-prophecy about the 234 days bubble rubbing the wrong side I don´t buy that teories, I think it´s more due a random dump or another unexpected/unknowable reason Yeah those theories are far-fetched. They show, no one actually knows what or if some news caused the crash. Ethereum... are the coins still there? A bubble doesn't get called off if it's one day late. Also, it's not as if the price is declining at an increasing speed. |
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JorgeStolfi
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July 25, 2014, 04:31:24 PM |
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OKCoin (mainland) seems to have detached from Huobi (it is ~12 CNY lower now, used to be only 203 CNY apart) and has very sparse order book. Its volume has recovered (~43 kBTC yestertday Jul/24), but that is still at the low end of its former range, and very low for a "dumping day". Is it on its way to closure?
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