Hyperjacked
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It's all mathematics...!
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August 16, 2016, 11:38:29 PM |
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Someone care to speculate what price would reach BTC if a random guy (or agency) decides to buy 1 million?
I think it would be hysterical to observe. First off you'd get the morons with no vision selling for peanuts. Slowly it would dawn on everyone else that the buyer from hell was on the scene. The same morons would probably FOMO and pile in again. All the while the wise owls would be deserting the exchanges in droves until the price for what was left would leave everyone gasping. Then the buying would stop and there'd be the worst crash of any type in any type of history. Cue ten or more years of peace and quiet while some wounds were licked and others partied to expiration.
The price would rise to about $610. But not very long after that, the price would also drop (like a price correction).
So, in short terms, a lot would be happening, but in long terms, it would probably keep on the same course.
I think you need to add 2-3 zeroes to the end of your figure. Good analysis fellow rockstar...  you should change your photo back to the other dude with the beer! IMO Cheers m8 |
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Hyperjacked
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Activity: 1610
Merit: 1119
It's all mathematics...!
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August 16, 2016, 11:43:03 PM |
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We will update with a new TA on the other post soon..
TA is BS. ITs all about the TA with a dash of propaganda ...make some random chaos within the parameters! When ppl say that TA is bs they are sadly mistaken imho |
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InitcoiN
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August 17, 2016, 12:04:55 AM |
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We will update with a new TA on the other post soon..
TA is BS. TA works if you know some basics. Is not BS  |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 17, 2016, 12:26:14 AM |
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We will update with a new TA on the other post soon..
TA is BS. TA works if you know some basics. Is not BS TA is nice to know, knowing some basic patterns and such helps a lot, when devising a trading strategy / understanding the market. i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time.... unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy, Investing 101:buy and hodl. |
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kobilica
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August 17, 2016, 12:29:07 AM |
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HODLing is completely sane!  Gold is limited, so is Bitcoin. |
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savetherainforest
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August 17, 2016, 12:30:01 AM |
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market will probably just end up being STUCK at 670 for a like a month. You mean 666   ... that number has great potential to dry out in to extinction those satanist dumpers!  |
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HI-TEC99
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Activity: 2772
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August 17, 2016, 12:55:07 AM |
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We will update with a new TA on the other post soon..
TA is BS. TA works if you know some basics. Is not BS TA is nice to know, knowing some basic patterns and such helps a lot, when devising a trading strategy / understanding the market. i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time.... unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy, Investing 101:buy and hodl.Isn't there a trading expression called painting the charts, which means a whale manipulates the market to make the charts look like a well known pattern is emerging? After all the TA guys trade based on that pattern the manipulative whale screws them all. TA is BS if someone paints the charts. |
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InitcoiN
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August 17, 2016, 01:11:15 AM |
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We will update with a new TA on the other post soon..
TA is BS. TA works if you know some basics. Is not BS TA is nice to know, knowing some basic patterns and such helps a lot, when devising a trading strategy / understanding the market. i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time.... unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy, Investing 101:buy and hodl.http://orig00.deviantart.net/d4e7/f/2012/247/6/b/and_it_s_gone_by_celeith-d5div3y.jpgTotaly agree |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 17, 2016, 01:34:15 AM |
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We will update with a new TA on the other post soon..
TA is BS. TA works if you know some basics. Is not BS TA is nice to know, knowing some basic patterns and such helps a lot, when devising a trading strategy / understanding the market. i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time.... unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy, Investing 101:buy and hodl.Isn't there a trading expression called painting the charts, which means a whale manipulates the market to make the charts look like a well known pattern is emerging? After all the TA guys trade based on that pattern the manipulative whale screws them all. TA is BS if someone paints the charts. ahhh but we know they know we know.  |
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adamstgBit
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August 17, 2016, 03:26:05 AM |
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also painting the buy or die mitl month triangle, must of cost an extraordinary amount of money to paint and then break out to the up side....
no one person actually paints candless... WE ALL take part in painting the candles....
after all the news and hype / the real certitude i (and many others) have that "digital money" is the future, you think there 1 guy buying and selling all the coins all day long painting candles??
wtf do you think this is??? the US stock market + QE1 2 3 4?
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podyx
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August 17, 2016, 07:31:13 AM |
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Someone care to speculate what price would reach BTC if a random guy (or agency) decides to buy 1 million?
$800-$900 I would assume 1 million BTC sounds a lot but it's really only $575 million |
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Karartma1
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Activity: 2310
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August 17, 2016, 08:23:14 AM |
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We don't need no random guy. If the 15% of the average smartphone users would start buying and using BTC our beloved coin would go out of the Solar System. Some stats: Copay for Android has something like 10.000 downloads Blockchain.info has something like 100.000 downloads Coinbase around 500.000 downloads I expect similar data for IPhone users (can't say, I don't have an Iphone) Push these numbers to at least 150 M and then you need no random guy to push the price high. (While searching for those numbers I stumbled upon the >100.000.000 Pokemon Go downloads  ) |
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petahashminer
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Activity: 1890
Merit: 1037
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August 17, 2016, 08:52:16 AM |
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what is wrong with btc-e? cannot login, also api does not work.
ddos attack again?
can anyone login?
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Karartma1
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Activity: 2310
Merit: 1422
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August 17, 2016, 08:55:40 AM |
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what is wrong with btc-e? cannot login, also api does not work.
ddos attack again?
can anyone login?
It's not just you, it's down. It says "DB connect Error" on the home page after the DDOS check. From the 3minutes trading chart on bitcoinwisdom trading seems down. Time for a new bitfinex??? |
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petahashminer
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Activity: 1890
Merit: 1037
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August 17, 2016, 09:06:43 AM |
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what is wrong with btc-e? cannot login, also api does not work.
ddos attack again?
can anyone login?
It's not just you, it's down. It says "DB connect Error" on the home page after the DDOS check. From the 3minutes trading chart on bitcoinwisdom trading seems down. Time for a new bitfinex??? Bitfinex? no i do not want to see that nightmare again. btw , it is ok now, nothing to worry, trade resumed a few minutes ago. |
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soullyG
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August 17, 2016, 09:24:28 AM |
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what is wrong with btc-e? cannot login, also api does not work.
ddos attack again?
can anyone login?
It's not just you, it's down. It says "DB connect Error" on the home page after the DDOS check. From the 3minutes trading chart on bitcoinwisdom trading seems down. Time for a new bitfinex??? I felt a great disturbance in the market, as if millions of shitcoins suddenly cried out in terror and were suddenly silenced |
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Searing
Copper Member
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Activity: 2898
Merit: 1464
Clueless!
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August 17, 2016, 09:26:48 AM |
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what is wrong with btc-e? cannot login, also api does not work.
ddos attack again?
can anyone login?
It's not just you, it's down. It says "DB connect Error" on the home page after the DDOS check. From the 3minutes trading chart on bitcoinwisdom trading seems down. Time for a new bitfinex??? I felt a great disturbance in the market, as if millions of shitcoins suddenly cried out in terror and were suddenly silenced HEY! I 'resemble' er I mean I mine LTC to BTC in such a manner. You scared my little self you did |
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conspirosphere.tk
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Activity: 2352
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Bitcoin is antisemitic
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August 17, 2016, 11:57:13 AM |
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wtf do you think this is??? the US stock market + QE1 2 3 4?
sounds like an idea for a Plunge Protection Team. |
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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August 17, 2016, 12:21:58 PM |
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I see nothing has changed in Bitcoin in last few months, Wednesday is still dump day.
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greatr
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August 17, 2016, 12:41:11 PM |
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market will probably just end up being STUCK at 670 for a like a month. You mean 666 ... that number has great potential to dry out in to extinction those satanist dumpers! yeah the price is going to come back once again and we will be stuck on 666, sometimes it is a bit frustrating though it is better than be down to lower prices than 600 |
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