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EtherCoin
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February 06, 2018, 05:11:05 AM |
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I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?
Probably cutting losses, mostly people that have not enough FIAT stashed to survive a long(er) bearish period, even being usually bullish and with some massive (for me) orders at 5,xxx range I feel a bit nervous about the current situation, this has gone down FAST without signs of resistance and this is what creates the dominant negative sentiment. Eth. EDIT: BUY orders, I meant. |
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Wolf Rainer
Legendary
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Activity: 1960
Merit: 1022
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February 06, 2018, 05:11:49 AM |
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About 1k BTC buy wall at $6k on finex.
There was a 500 BTC buy wall at 6100 on Bitstamp. It was dumped in just 3 minutes with big sell orders. |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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February 06, 2018, 05:13:26 AM |
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Theres no way it could go to straight to 2.5K. That would be unprecedented magnitude and speed in the entire history of bitcoin. Look at the log chart and compare it to the history. We are already geared up for a 100%+ bounce
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criptix
Legendary
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Activity: 2464
Merit: 1145
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February 06, 2018, 05:13:51 AM |
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I'm feeling like 8k is years away even though it was just 2 days 1 day.
We probaly gonna see a final sell off soon on this leg down.
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rafanadal
Member
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Activity: 368
Merit: 31
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February 06, 2018, 05:15:32 AM |
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I'm feeling like 8k is years away even though it was just 2 days.
We probaly gonna see a final sell off soon on this leg down.
8k was yesterday lol 17k was less than a month ago  |
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EtherCoin
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February 06, 2018, 05:15:51 AM |
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I hope that's the bounce happening right now, I will shut up.
Eth.
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bitserve
Legendary
Offline
Activity: 1946
Merit: 1621
Self made HODLER ✓
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February 06, 2018, 05:15:58 AM |
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... And BOOM!
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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February 06, 2018, 05:16:03 AM |
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damnit missed one of my orders by $10
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rafanadal
Member
Offline
Activity: 368
Merit: 31
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February 06, 2018, 05:17:11 AM |
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I hope that's the bounce happening right now, I will shut up.
Eth.
Oh come on, u know it's not same thing happened at 7k 8k etc |
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Bitcoinaire
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February 06, 2018, 05:17:32 AM |
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We're just 847 days until the next block reward halving.
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BHSMC
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February 06, 2018, 05:17:57 AM |
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RIP BTC.
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rafanadal
Member
Offline
Activity: 368
Merit: 31
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February 06, 2018, 05:18:09 AM |
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... And BOOM!
Half an hour and it will be back under 6K |
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TeeBone
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February 06, 2018, 05:18:19 AM |
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Holy cow, i spotted a green candle.
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bitserve
Legendary
Offline
Activity: 1946
Merit: 1621
Self made HODLER ✓
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February 06, 2018, 05:19:23 AM |
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... And BOOM!
Half an hour and it will be back under 6K Probably. |
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infofront (OP)
Legendary
Offline
Activity: 2660
Merit: 2920
Shitcoin Minimalist
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February 06, 2018, 05:21:13 AM |
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The big news going around the internet recently has been the release of SEC Chairman Clayton's upcoming testimony to the Senate. Here's a good summary:  This is of course bullish news, but markets are not rational, so it might not make a difference in the short term. |
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HairyMaclairy
Legendary
Offline
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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February 06, 2018, 05:21:27 AM |
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Theres no way it could go to straight to 2.5K. That would be unprecedented magnitude and speed in the entire history of bitcoin. Look at the log chart and compare it to the history. We are already geared up for a 100%+ bounce
We have never had Wall Street professional shorts before either. Not saying it is going to happen but we must remain open to all possibilities. |
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EtherCoin
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February 06, 2018, 05:22:20 AM |
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I hope that's the bounce happening right now, I will shut up.
Eth.
Oh come on, u know it's not same thing happened at 7k 8k etc Well like I said I have massive buy orders on the 5k range so part of me wants it to reach that levels, the other side though would like to skip the gains and bounce back ASAP to that 11-12k safety area. Eth. |
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Dakustaking76
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February 06, 2018, 05:24:21 AM |
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What a crash
What a crash.....
Damn R I P
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infofront (OP)
Legendary
Offline
Activity: 2660
Merit: 2920
Shitcoin Minimalist
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February 06, 2018, 05:25:57 AM |
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What a crash
What a crash.....
Damn R I P
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Heater
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February 06, 2018, 05:28:22 AM |
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I take it Peter is now referring to Bcash as the one true Bitcoin. True to form. No. You take BTC as "the one true bitcoin." As for me, I say that I don't know. Maybe BTC will remain dominant; but maybe BCH with its greater block size limit will overtake it. Or maybe a new branch will prevail. It doesn't matter to me because Bitcoin is the sum of its forks and I hold them all. Bcash is a scam coin, just like all the other shitcoins. End of story. |
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