derpinheimer
Legendary
 Offline
Activity: 896
Merit: 1000
|
 |
October 26, 2013, 08:53:12 PM |
|
if we don't see some buying soon, we will crash; target 168
no one wants buttcoins |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
October 26, 2013, 09:02:04 PM |
|
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
October 26, 2013, 09:02:28 PM |
|
if we don't see some buying soon, we will crash; target 168
no one wants buttcoins  |
|
|
|
|
SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
|
|
October 26, 2013, 09:11:17 PM |
|
Just normal capitulation continuing, me thinks. Low volume. Might slip to like $180.
Maybe Monday the rocket will light.
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
October 26, 2013, 09:14:22 PM |
|
anyone selling bitcoin right now, do not have a clue what's coming, they just watch charts and draw lines...
take advantage of these fools.
|
|
|
|
|
|
freethink2013
|
|
October 26, 2013, 09:15:41 PM |
|
People seem to forget that the last time we were at 187 people were talking bubble. At worst we'll hit 150 for a while. I doubt it and think we'll hit 200 shortly then 250 then we'll all have a big panic and go back to 207 or something.
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 26, 2013, 10:01:55 PM |
|
|
|
|
|
|
Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
|
|
October 26, 2013, 10:04:24 PM |
|
|
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4046
Merit: 4603
You're never too old to think young.
|
|
October 26, 2013, 10:11:39 PM |
|
anyone selling bitcoin right now, do not have a clue what's coming, they just watch charts and draw lines...
take advantage of these fools.
Selling bitcoins now? I'm frantically waiting for a cheque to clear and get deposited into my Virtex account before the price skyrockets again. Please, just a few more days at 190, or even lower if possible. Moar coins please. |
|
|
|
|
vps15
Member
Offline
Activity: 98
Merit: 10
Gain more btc! https://satoshicircle.com/?aid=1718
|
|
October 26, 2013, 10:36:25 PM |
|
if we don't see some buying soon, we will crash; target 168
right now another 10000 coins would have to be dumped (the same amount that was dumped when we were at 230) before we even hit 175. Do you really think another monster dump could come now? obviously its possible, but i feel its not that likely... |
|
|
|
|
SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
|
|
October 26, 2013, 10:39:24 PM |
|
if we don't see some buying soon, we will crash; target 168
right now another 10000 coins would have to be dumped (the same amount that was dumped when we were at 230) before we even hit 175. Do you really think another monster dump could come now? obviously its possible, but i feel its not that likely... Everything is possible, right? You wouldn't dump 10k coins, which would maybe be at an average sale price of, say, $180, unless you thought it would crash further and were pretty confident of it. You'd either be hoping you could purchase those 10k coins back at a lower price afterwards, than $180 (good luck with that), or you seriously think it's unlikely the price of bitcoin will pass $180 (as for dumping 10k bitcoins) over the next few years. Given a possible cup and handle forming, and the general consensus that, pending no really bad news, this appears to be a consolidation before pumping north, it would seem extremely dumb... but who knows. Always possible, not probable. Maybe an epic fail mis-click?  I'd be afraid to even short right now, because if feels like, at any second, a few nice buy orders stringed together could set off a rampage north. But that's just me (and really not based on much). |
|
|
|
|
|
Habeler876
|
|
October 26, 2013, 11:01:39 PM |
|
if we don't see some buying soon, we will crash; target 168
right now another 10000 coins would have to be dumped (the same amount that was dumped when we were at 230) before we even hit 175. Do you really think another monster dump could come now? obviously its possible, but i feel its not that likely... Everything is possible, right? You wouldn't dump 10k coins, which would maybe be at an average sale price of, say, $180, unless you thought it would crash further and were pretty confident of it. You'd either be hoping you could purchase those 10k coins back at a lower price afterwards, than $180 (good luck with that), or you seriously think it's unlikely the price of bitcoin will pass $180 (as for dumping 10k bitcoins) over the next few years. Given a possible cup and handle forming, and the general consensus that, pending no really bad news, this appears to be a consolidation before pumping north, it would seem extremely dumb... but who knows. Always possible, not probable. Maybe an epic fail mis-click? I'd be afraid to even short right now, because if feels like, at any second, a few nice buy orders stringed together could set off a rampage north. But that's just me (and really not based on much). that isnt the consensus |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 26, 2013, 11:02:02 PM |
|
|
|
|
|
|
SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
|
|
October 26, 2013, 11:17:44 PM |
|
that isnt the consensus
Well consensus is an interesting "statistic", isn't it. I can't prove it or show you a survey, but it's what most people seem to be stating on the Speculation sub-forum from what I've seen (and r/bitcoin). More and more people are taking long positions on Bitfinex as well (just looking at the Loan page). It's a clear biases, on a Bitcoin forum... sure. |
|
|
|
|
|
TERA
|
|
October 26, 2013, 11:37:07 PM |
|
Looks like someone is needing to capitulate some serious coin but there was no support to do it at higher levels. (the entire rally was actually contingent on nobody selling). So we have entered a multi-phase "btc-rocket" as I would lovingly call it because it increases my btc.  Phase 1: Flashcrash.
Phase 2: Slow and steady dump on low volume.Phase 3: Slow and steady dump on real volume. You see 5K dumps now. Possibly a phase 4 of final capitulation at high volume. It ends when you seea high volume day of consisteny huge blocks/walls/buys of support at one level. It's not just going to creep up into a reversal on low volume like we are all hoping last night. (I must admit it was a moment of truth even for me, with both my buy and sell buttons engaged). |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 27, 2013, 12:01:53 AM |
|
|
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
October 27, 2013, 12:10:36 AM |
|
Looks like someone is needing to capitulate some serious coin but there was no support to do it at higher levels. (the entire rally was actually contingent on nobody selling). So we have entered a multi-phase "btc-rocket" as I would lovingly call it because it increases my btc. Phase 1: Flashcrash.
Phase 2: Slow and steady dump on low volume.Phase 3: Slow and steady dump on real volume. You see 5K dumps now. Possibly a phase 4 of final capitulation at high volume. It ends when you seea high volume day of consisteny huge blocks/walls/buys of support at one level. It's not just going to creep up into a reversal on low volume like we are all hoping last night. (I must admit it was a moment of truth even for me, with both my buy and sell buttons engaged). Huh? I cant understand. You think someone is trying to dump? Why? |
|
|
|
|
|
TERA
|
|
October 27, 2013, 12:13:35 AM |
|
I see lots of BTC entering the books on all markets, continuous selling, and failed recoveries. Perhaps it's all just a panic reaction from market participants but it would make sense if someone decided to capitulate starting near the ATH too.
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 27, 2013, 01:02:03 AM |
|
|
|
|
|
|
vps15
Member
Offline
Activity: 98
Merit: 10
Gain more btc! https://satoshicircle.com/?aid=1718
|
|
October 27, 2013, 01:36:32 AM |
|
I see lots of BTC entering the books on all markets, continuous selling, and failed recoveries. Perhaps it's all just a panic reaction from market participants but it would make sense if someone decided to capitulate starting near the ATH too.
i feel like the massive 10k dump has shaken the market and its not going to really go up again until we have more confidence. The dump proved that not only can the whales completely manipulate the market with the click of a button, but they are also more than willing to do so |
|
|
|
|
|
Poll
