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TeeBone
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August 14, 2014, 08:30:11 AM |
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lol @ the few shmucks still buying. Sell into ANY dead cat bounce right now.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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SFHere
Newbie
 Offline
Activity: 59
Merit: 0
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August 14, 2014, 08:38:20 AM |
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Still expecting 440. I needed to buy in to buy stuff but with this going on I'm waiting.
Anyone have any solid news on why? Is it just day traders leaving because no money to make here?
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10233
Self-Custody is a right. Say no to"Non-custodial"
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August 14, 2014, 08:39:19 AM |
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Wouldn't a civil war cause BTC prices to go up? Even the appearance of such?
Apparently not, because it's happening right now. What it all about? Have I miss something? We are Using big words here, but we are NOT really referring to anything new.. except for the internal and ongoing political squabbles in the US of A. |
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barbs
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August 14, 2014, 08:41:27 AM |
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Bitcoin you beautiful bastard
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wingsfan23
Newbie
Offline
Activity: 32
Merit: 0
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August 14, 2014, 08:43:27 AM |
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Whelp, time to load my BFX account up again with every coin I've ever earned, go max leverage long again, and make my easy million. This margin doesn't run.  |
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DutchTrades
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August 14, 2014, 08:43:34 AM |
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Under 500 would be really messy
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10233
Self-Custody is a right. Say no to"Non-custodial"
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August 14, 2014, 08:48:57 AM |
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I didn't think we would see this last bear trap before the next bubble.
"before the next bubble" ...  ...sorry, no more bubbles in bitcoin. just a slow bleed down back to where we started  It's amazing how delusional they are. They talk about the next bubble as if it's guaranteed to come. It simply isn't. We've been going down for 9 months. Now we're simply at the point the smart people understand there simplu won't be another bubble anymore. They're pulling out. We will go down very fast coming few weeks. It's over. I'm already investing in other and better things. How are those "cheap coins" at 560 doing for you guys? Bye, Bye... I am so sad that you are leaving and going to invest in other things... Alright, well good luck.. it was nice to know you... and Ciao.... Don't come back now.... bye..  |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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August 14, 2014, 08:51:08 AM |
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What happens when the Americans (and adam) wake up?
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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August 14, 2014, 08:53:15 AM |
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What happens when the Americans (and adam) wake up?
I was thinking the same, Adam will have a shitty morning after seeing this. I wonder if / when he'll turn bear... |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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August 14, 2014, 08:53:21 AM |
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What happens when the Americans (and adam) wake up?
They buy the whole place up!!!  |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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August 14, 2014, 08:55:40 AM |
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Ok, here's the next step for bitfinex. They all go into leveraged shorts, in which case the price goes up, the get margin called and the price shoots to the moon!!!!
Wheeeeeeeeeee!!!!!!!!!!!!!
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magicmexican
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August 14, 2014, 08:58:16 AM |
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Its really weird seeing price like this and not having to read "fuck you china!, sick of this shit!" or some poorly-translated fud about pBoC.
Every crash so far linked to something - china, auctions, mtgox, etc. But now its kinda boring, who is the villain this time?
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 14, 2014, 08:59:39 AM |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10233
Self-Custody is a right. Say no to"Non-custodial"
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August 14, 2014, 09:00:13 AM |
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fonsie, are you a paid shill? did some whale pay you to hold the sentiment high in here while he is slowly unloading his bags, shame on you!
Thou shall not scam!
No moron, I'm not a paid shill. But what do I care what a low life like you thinks. Classic!!!!! The "s" versus the "z"   |
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Sandia
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August 14, 2014, 09:07:59 AM |
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C'mon, Bitfinex, my orders are ready! One more spike down, please?
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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August 14, 2014, 09:08:42 AM |
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C'mon, Bitfinex, my orders are ready! One more spike down, please?
Unlikely, it will probably move in tandem with the rest of the market now unless/until things go down south again hard enough quickly enough. |
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fonzie
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August 14, 2014, 09:08:58 AM |
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Time to buy! (Short term)
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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August 14, 2014, 09:16:06 AM |
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Still expecting 440. I needed to buy in to buy stuff but with this going on I'm waiting.
Anyone have any solid news on why? Is it just day traders leaving because no money to make here?
Draw a few trend lines on bitcoinwisdom and you'll see the big dumps are aimed at breaking through them so its fairly obvious where they're coming from. Its been going on for some time, the days destroyed movements suggest they where either involved from 2009 or bough large amounts of coins from people who where. The intent is to either crush bitcoin or take it over and the coin movements suggest the latter, that they're trying to take over mining by forcing competing miners out (new hashing algorithm anyone  ). The dumps coming now as well as trading on other markets (forex + others) suggests funds are being pulled in to prop up US markets as they're close to the edge and Argentina's default could push them over, good for us as it leaves them in a weak position. You can so easily hedge against that outcome. Just buy same amount of Monero as you have Bitcoin (same number fo coins). No matter which one survives, you have retained your wealth as percentage of the total. Btw. 471 is one strong fibo line so it might not make sense to sell around that price where you should be buying. |
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falllling
Member
Offline
Activity: 112
Merit: 10
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August 14, 2014, 09:16:16 AM |
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Still expecting 440. I needed to buy in to buy stuff but with this going on I'm waiting.
Anyone have any solid news on why? Is it just day traders leaving because no money to make here?
Draw a few trend lines on bitcoinwisdom and you'll see the big dumps are aimed at breaking through them so its fairly obvious where they're coming from. Its been going on for some time, the days destroyed movements suggest they where either involved from 2009 or bough large amounts of coins from people who where. The intent is to either crush bitcoin or take it over and the coin movements suggest the latter, that they're trying to take over mining by forcing competing miners out (new hashing algorithm anyone ). The dumps coming now as well as trading on other markets (forex + others) suggests funds are being pulled in to prop up US markets as they're close to the edge and Argentina's default could push them over, good for us as it leaves them in a weak position. how many excuses do you need to make up for the simple fact that bitcoin is going to nowhere but down? game over guys, bitcoin is going to the final capitulation, sell now to cut loose or lose everything |
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Digigami
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August 14, 2014, 09:17:07 AM |
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I think if I was going to try and play this, my very inexperienced analysis is telling me 450usd would be about where I'd want to start buying. No idea on what my sell target would be though.
I could just be an optimist but for some reason I think this could be the last run down until we see some bullish momentum again. Anyone else thinking the same or you think the bears will have their way for a while yet?
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