N12
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Activity: 1610
Merit: 1009
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May 03, 2013, 01:07:51 PM |
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There will be many bull traps, many "OH LOOK AT THIS NEWS THIS CHANGES EVERYTHING", many delusions about another bubble, but the 2011 survivors know exactly what's up.
The ride down will be full of epic bull traps.
The Great Dollar Extraction is not a matter of days. It is a relentless force exerting its power over months and possibly years, until there are no more bones to be broken.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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seleme
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Activity: 2730
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Duelbits.com
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May 03, 2013, 01:14:13 PM |
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To buy or to wait, just woke up?
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N12
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Activity: 1610
Merit: 1009
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May 03, 2013, 01:14:28 PM |
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Buy low, sell lower.
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DougTanner
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May 03, 2013, 01:15:52 PM |
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So I postulate that the big player that was slowly cashing out last week and yesterday had prior knowledge about the coming lawsuit. Lots of other big players seem to as well, them causing the ask sum to skyrocket in the last 48 hours.
I'm really glad I noticed that happening and got out in time.
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samson
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Activity: 2095
Merit: 1068
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May 03, 2013, 01:17:35 PM |
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To buy or to wait, just woke up?
Wait, it's a long drop and a long weekend.
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SlipperySlope
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May 03, 2013, 01:20:23 PM |
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To buy or to wait, just woke up?
Wait, it's a long drop and a long weekend. I could not sleep without pre-positioned limit orders. Two of mine filled while I was asleep a couple of hours ago and I am very satisfied. We could get goxlag again today and you might not be able to reach the exchange to place a realtime order.
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seleme
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Activity: 2730
Merit: 1028
Duelbits.com
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May 03, 2013, 01:22:24 PM |
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I've deleted all my orders before going to bed, bought some at 81.5 now, guess I'll wait a bit for the rest though I could meet what was my target yesterday with this price. Hope greed won't kill a bear 
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andrewsg
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May 03, 2013, 01:28:47 PM |
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ip; is domain fixed? thread/link?
Yup, fixed.
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seleme
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Activity: 2730
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Duelbits.com
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May 03, 2013, 01:32:31 PM |
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Buy low, sell lower.
Congratulations, you've just described my business from yesterday in one sentence 
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ManBearPig
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May 03, 2013, 01:37:23 PM |
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 We may be breaking out of this channel. Then again, we may just be bouncing off the top. Looking at the 7-day I can't see the bottom yet. 
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DougTanner
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May 03, 2013, 01:37:53 PM |
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Suicidal bull.  We do seem to be breaking out of the channel though.  Wow, big bid wall. Panic buy time!!!!11 
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SlipperySlope
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May 03, 2013, 01:43:53 PM |
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We may be breaking out of this channel. Yep.
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TheKoziTwo
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Activity: 1552
Merit: 1047
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May 03, 2013, 01:43:59 PM |
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 R.I.P panic sellers 
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Xrim
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Activity: 49
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May 03, 2013, 01:44:30 PM |
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batcoin
Full Member
 
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Activity: 238
Merit: 100
In Gord We Trust
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May 03, 2013, 01:44:59 PM |
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That candle looks like a baseball bat to start cracking bear heads with.
[edit] You think bitcointalk being back online is helping this rally?
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gizmoh
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Activity: 1428
Merit: 1000
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May 03, 2013, 01:46:14 PM |
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Manipulation at its best by the lions..
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DougTanner
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May 03, 2013, 01:47:04 PM |
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Someone is desperately trying to defend $100? 
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Richy_T
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Activity: 2142
Merit: 1946
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 03, 2013, 01:50:48 PM |
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Bitcointalk is just as professional as Gox, getting its domain hijacked  Wow i feel so lonely in here! I guess that means I should probably change my password.
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