Wexlike
Legendary
 Offline
Activity: 1473
Merit: 1086
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July 12, 2015, 11:09:29 AM |
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1.25k BTC buy on Stamp just now. Someone's eager to get on board
Just 3700 BTC to 600$ on stamp.  edit: 650$! |
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"You Asked For Change, We Gave You Coins" -- casascius
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ImI
Legendary
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Activity: 1946
Merit: 1019
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July 12, 2015, 11:12:30 AM |
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So who really expects downward pressure?
if this shows any signs of weakens at this point I am short. This pump was leaded by LTC and will likely follow the pattern for my understanding... The squeeze potential is quiet big right now.. Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises. Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray. Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price  Well, this is not going to go up forever like this. That's not how markets behave. who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol! i have seen bull runs in stock-markets that lasted DECADES. |
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GaliX
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July 12, 2015, 11:26:24 AM |
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who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol!
i have seen bull runs in stock-markets that lasted DECADES.
I was just referring to my 3d chart. Surely a stock can go up for a very long period of time. But it will still have pull backs. If you just want to hear this I will say it for you. Yes it is very bullish overall. |
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xxxxxzzzzz
Member
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Activity: 72
Merit: 11
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July 12, 2015, 11:26:45 AM |
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if the bitcoin bull market lasts decades ...  |
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Andre#
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July 12, 2015, 11:30:09 AM |
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Even BTC-e is pulled over the $300 threshold, kicking and screaming...  |
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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July 12, 2015, 11:34:01 AM |
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China buying whatever you dare dump !
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Wexlike
Legendary
Offline
Activity: 1473
Merit: 1086
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July 12, 2015, 11:38:46 AM |
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So who really expects downward pressure?
if this shows any signs of weakens at this point I am short. This pump was leaded by LTC and will likely follow the pattern for my understanding... The squeeze potential is quiet big right now.. Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises. Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray. Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price Well, this is not going to go up forever like this. That's not how markets behave. who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol! i have seen bull runs in stock-markets that lasted DECADES. Posts like the one from Galix make you realize how many weak hands this market has, they will all sell at 650$ and miss out the biggest part of the rally. |
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Andre#
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July 12, 2015, 11:38:59 AM |
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Even Google Trends rallies.  |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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July 12, 2015, 11:40:03 AM |
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Even BTC-e is pulled over the $300 threshold, kicking and screaming... Someone should do their PhD on that site. It's not quite of this world. |
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TerraMaster
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July 12, 2015, 11:41:26 AM |
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Still no deal with Greece. Headlines read,,, Germany preparing for Greece exit from Eurozone. Debatable how much if any, this mess has attributed to BTC values.. but feel sure it is part of the equation.
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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July 12, 2015, 11:41:34 AM |
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Greek talks have totally broken down and insiders are trading the only market that's open .... cryptos.
Chinese financial markets are going to be partially frozen over the next weeks, others will also be affected. This is shaping up to 1929 with the selling waves beginning early in the summer and building right through until october ... i.e. black tuesday
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cryptasm
Legendary
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Activity: 997
Merit: 1002
Gamdom.com
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July 12, 2015, 11:51:58 AM |
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just a quick question...what news of greece would make the btc price go up or down? i heard they come with news about greece today |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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July 12, 2015, 11:54:11 AM |
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Hmmmm.... This bag I am holding is filling up mighty quick. It's like it's magic or something.
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xxxxxzzzzz
Member
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Activity: 72
Merit: 11
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July 12, 2015, 11:55:32 AM |
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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July 12, 2015, 11:56:02 AM |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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July 12, 2015, 11:57:06 AM |
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just a quick question...what news of greece would make the btc price go up or down? i heard they come with news about greece today grexit = rise no grexit = no influence on btc |
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dakota neat
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July 12, 2015, 11:59:32 AM |
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buy. this is the epic turnaround that will end the bear market once and for all. you had your chance, don't cry later.
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TaurusBit
Full Member
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Activity: 183
Merit: 100
TaurusBit.com Administrator
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July 12, 2015, 12:00:01 PM |
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 When will the FOMO start? Tomorrow fiat will hit exchanges, so maybe tomorrow? |
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GaliX
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July 12, 2015, 12:00:36 PM |
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Greek talks have totally broken down and insiders are trading the only market that's open .... cryptos.
Chinese financial markets are going to be partially frozen over the next weeks, others will also be affected. This is shaping up to 1929 with the selling waves beginning early in the summer and building right through until october ... i.e. black tuesday
I am really looking forward to the forex market open this evening. Going to be one of the most exiting weeks for all Forex traders I guess. |
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