shmadz
Legendary
 Offline
Activity: 1512
Merit: 1000
@theshmadz
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July 12, 2015, 02:25:20 AM |
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stamp is the most important exchange. they have to cross 300.
Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere. observation. often huobi/okcoin/finex are moving but stamp doesnt move one inch and after a short period of time they all come back to stamps price level. finex and especially the chinese exchanges have so much meaningless trading volume that i think even after the stamp hack they are still the leaders. edit: you see? just like this time. finex went to 308 and stamp didnt move one dollar and finex had to come back to 302$ again. stamp is still the boss. Hmmm, what happens if stamp breaks over 300 also? |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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July 12, 2015, 02:26:50 AM |
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stamp is the most important exchange. they have to cross 300.
Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere. observation. often huobi/okcoin/finex are moving but stamp doesnt move one inch and after a short period of time they all come back to stamps price level. finex and especially the chinese exchanges have so much meaningless trading volume that i think even after the stamp hack they are still the leaders. edit: you see? just like this time. finex went to 308 and stamp didnt move one dollar and finex had to come back to 302$ again. stamp is still the boss. Hmmm, what happens if stamp breaks over 300 also? buying frenzy to 310-320 on stamp |
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coinableS
Legendary
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Activity: 1442
Merit: 1179
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July 12, 2015, 02:27:03 AM |
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Dang $300 happened on a Saturday/Sunday depending on where you live. This bull run has been amazing, I keep expecting sideways or back down after 18 months of hell. Anyways, looks like some heft resistance between here and 310 so this might be a good spot to take a breath.
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yefi
Legendary
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Activity: 2842
Merit: 1511
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July 12, 2015, 02:28:24 AM |
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Nice, Yefi!!!!!
Merci  |
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Fakhoury
Legendary
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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July 12, 2015, 02:28:44 AM |
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Hard for media to ignore this (combined with the half year trend). It will be fashionable to buy bitcoin again on moooonday, he he he he he ....
Big media will probably start mentioning it when we break the previous ATH, so 1100+. Just a small correction. Our ATH was $1200+ and not $1100+ |
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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July 12, 2015, 02:32:19 AM |
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Dang $300 happened on a Saturday/Sunday depending on where you live. This bull run has been amazing, I keep expecting sideways or back down after 18 months of hell. Anyways, looks like some heft resistance between here and 310 so this might be a good spot to take a breath.
That spike might have just been some shorts closing or re-positioning... in any case, it was not the reaction you'd hope for as a buyer. Slow and steady. It's like the new, grown up version of the bitcoin rally.  |
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ohsupgurl
Newbie
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Activity: 27
Merit: 0
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July 12, 2015, 02:33:54 AM |
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Norway
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July 12, 2015, 02:34:26 AM |
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Hey Sitarow, where are the dollar bills in your cool animation? |
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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July 12, 2015, 02:35:36 AM |
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Hey Sitarow, where is dollar bills in your cool animation?  Good question  |
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Norway
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July 12, 2015, 02:46:07 AM |
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Aha, Sitarow! There it is!
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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July 12, 2015, 02:49:21 AM |
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001100110011000000110000 !!!
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Brewins
Legendary
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Activity: 1120
Merit: 1000
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July 12, 2015, 02:53:50 AM |
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stamp is the most important exchange. they have to cross 300.
Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.
As long as this is just a fakeout spike before the dump, then everything is gonna be ok.
If, however, this is a legitimate run on bitcoin, the higher price at one exchange will trigger buying at other exchanges in order to transfer for arbitrage. This type of event can expose whether an exchange is solvent or not. Chinese fake volume will not cover up a real run on bitcoin...
Speaking of which, has anyone come up with a reasonable explanation for that crazy spike on huobi, btcchina and okcoin yesterday? (just the litecoin dump, right?) Crazy defective bots, as always. LTC is too small to affect BTC too much, I think |
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Mrpumperitis
Legendary
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Activity: 2730
Merit: 1075
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July 12, 2015, 02:58:14 AM |
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gonna jump into ltc ...i was gonna wait till sunday but i think low sell liquidity will be more intense as monday approaches, time to resume pumperitis mode....  |
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Norway
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July 12, 2015, 03:00:06 AM |
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gonna jump into ltc ...i was gonna wait till sunday but i think low sell liquidity will be more intense as monday approaches, time to resume pumperitis mode.... That strategy is to UNHODL. Not recomended by old geeks. EDIT: It's unhodly. |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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July 12, 2015, 03:00:44 AM |
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001100110011000000110000 !!!
011011110110110001100100001000000111001101101011011011110110111101101100 |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 12, 2015, 03:02:13 AM |
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Brewins
Legendary
Offline
Activity: 1120
Merit: 1000
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July 12, 2015, 03:02:24 AM |
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looks like we are losing momentum, for now..., sub 300 already in some places
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Norway
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July 12, 2015, 03:02:31 AM |
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001100110011000000110000 !!!
011011110110110001100100001000000111001101101011011011110110111101101100  |
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ejinte
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July 12, 2015, 03:04:54 AM |
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gonna jump into ltc ...i was gonna wait till sunday but i think low sell liquidity will be more intense as monday approaches, time to resume pumperitis mode.... Oh it's guys like you who are buying that shitcoin. |
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BlackSpidy
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July 12, 2015, 03:06:36 AM |
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001100110011000000110000 !!!
011011110110110001100100001000000111001101101011011011110110111101101100 Holy shit, that first one translates to $6,709,344! No, we won't see 6 million dollar bitcoins until 2030 or 2040. |
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