BlindMayorBitcorn
Legendary
 Offline
Activity: 1260
Merit: 1115
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June 22, 2016, 10:45:53 PM |
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Bitcoin is NOT a joke.
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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June 22, 2016, 10:46:37 PM |
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Bitcoin is NOT a joke.
It sure is funny though |
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BeefUsher
Newbie
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Activity: 14
Merit: 0
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June 22, 2016, 10:46:52 PM |
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Weak hands...
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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June 22, 2016, 10:53:15 PM |
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Weak hands...
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strawbs
Legendary
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Activity: 868
Merit: 1340
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June 22, 2016, 10:55:25 PM |
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Remember, we cannot have a cup and handle pattern without actually making a handle. People shouting oh noes, we need this dip in order to finish the handle (this formation was inevitable).
Absolutely, except that there would need to be a much larger drop for it to be considered to be a handle |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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June 22, 2016, 10:57:13 PM |
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Pull back to $640 and then dropping to $530. Or maybe we'll see a bottom at 580?
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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June 22, 2016, 11:00:10 PM |
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Dark humour. Some people just can't see it.  |
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glendall
Legendary
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Activity: 2142
Merit: 1018
Next Generation Web3 Casino
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June 22, 2016, 11:03:28 PM |
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Market just isn't too enthusiastic today.
A lot of good news IMHO in the last little while. Today there was that positive news re Paypal finally warming up to bitcoin. The DAO not-hack and ETH dive I thought would translate into more folks shifting to coins to BTC but.. fack. Sub <600. Sigh. Really hope this is the bottom in the near term but nobody much is in the mood to buy, everyone seems to be waiting for an ever-better re-entry point.
Ah so it goes, bitcoin.
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jojo69
Legendary
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Activity: 3206
Merit: 4386
diamond-handed zealot
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June 22, 2016, 11:04:24 PM |
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Ted E. Bare
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June 22, 2016, 11:05:40 PM |
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Bitcoin Block Reward Halving Countdown:
Only 17 more days!
Reward drop ETA: Sat, 9 Jul 2016 23:04:50 GMT
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savetherainforest
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June 22, 2016, 11:14:42 PM |
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Bitcoin Block Reward Halving Countdown:
Only 17 more days!
Reward drop ETA: Sat, 9 Jul 2016 23:04:50 GMT
This gives me reason to believe Satoshi is from a country/island with a timezone of "-1" or "+11". |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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June 22, 2016, 11:18:01 PM |
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This is the single most ridiculous thing I've ever seen. And I've seen a lot.
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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June 22, 2016, 11:29:36 PM |
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just kickin butt n takin names...but wat do I know  cheers jay! |
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savetherainforest
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June 22, 2016, 11:33:00 PM |
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This is the single most ridiculous thing I've ever seen. And I've seen a lot.
I guess this is the only way they(China) can reduce the coins of the West then extract it from there. The chinese exchanges are way, way, way ahead of everything! The West is just following blindly like a sheep! |
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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June 22, 2016, 11:33:58 PM |
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maybe that was the plan from the start...
Doesn't sound like a great plan to me. well it sounds good 2 me... Disclaimer:I might drive it lower...  |
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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June 22, 2016, 11:37:52 PM |
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JayJuanGee
Legendary
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Activity: 3752
Merit: 10424
Self-Custody is a right. Say no to"Non-custodial"
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June 22, 2016, 11:44:22 PM |
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just kickin butt n takin names...but wat do I know cheers jay! That's true.. What do you know? Even a stopped clock is correct twice a day, and rejoicing such correctness seems nubile, at best. |
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conspirosphere.tk
Legendary
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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June 22, 2016, 11:47:04 PM |
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It is 06:00 ( AM ) in China ... stuff must happen!
Another huge dumpage.  |
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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June 22, 2016, 11:50:31 PM |
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So this all makes perfect sense, eh?
Weeks and weeks of excitement and price rise on all exchanges. People were saying China was leading, providing 90% of the volume, and couldn't get enough.
Then an auction ends.
Then an exchange has network problems and goes offline for a bit.
Meanwhile price plummets.
Exchange comes back online.
But now we're at -130/btc, and all trading has essentially come to a complete halt.
Makes perfect sense, right? But...but.. China demand?? Right?? Fellaz??
I just put bitcoinwisdom on 6h so it shows from the beginning of the run up and I don't see volume going down. Not at 4h, 2h or 1h either. BTW I'm not used to anything making sense. High selloff volume is not the same as high buying volume. If China buying demand was really there and accounted for 90%, they'd just steamroll over this sell off, actually they would look at it as a huge buying op. I'm getting sick of people still touting that 'China' is somehow responsible for all the supposed demand. They aren't, because the whales that ran this up are not Chinese, they simply have open accounts on all worldwide exchanges include the Chinese ones. That's the dirty secret that the whales don't want you to know. Like the way u n the other Rockstar gentlemand think... Always good posts brotha |
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