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Feri22
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November 10, 2013, 03:58:50 PM |
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I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.
However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?
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Ivanhoe
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November 10, 2013, 04:00:16 PM |
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Bounce from 290/300 i think, anyone with me?
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theonewhowaskazu
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November 10, 2013, 04:00:53 PM |
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However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?
Yea, that's what I think. You don't have a price crash without a goxing. That's just one of the fundamental rules of Bitcoin. I think BTCChina may have picked up where Gox left off, though. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 10, 2013, 04:01:41 PM |
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Pruden
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November 10, 2013, 04:03:50 PM |
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Bitstamp at $266. Will it hold for the third time in 20 hours?
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samson
Legendary
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Activity: 2097
Merit: 1068
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November 10, 2013, 04:04:36 PM |
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I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.
However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?
What makes you think it's a panic ? |
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samson
Legendary
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Activity: 2097
Merit: 1068
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November 10, 2013, 04:05:01 PM |
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Bitstamp at $266. Will it hold for the third time in 20 hours?
The Bitstamp price is quite irrelevant. |
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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 10, 2013, 04:05:18 PM |
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Is there a consensus on which exchange is leading these downturns?
Not sure. It seems unclear. Looks like people get nervous about being a the bottom. Going up again. Sheez. I'm out (I hope) can resist paying attention for the rest of my sunday. |
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DougTanner
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November 10, 2013, 04:07:01 PM |
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Huh. Double bottom hopefully.  |
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theonewhowaskazu
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November 10, 2013, 04:07:41 PM |
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Bitstamp at $266. Will it hold for the third time in 20 hours?
If Gox even matters any more, then the answer to that question is yes. |
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samson
Legendary
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Activity: 2097
Merit: 1068
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November 10, 2013, 04:09:58 PM |
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Bitstamp at $266. Will it hold for the third time in 20 hours?
If Gox even matters any more, then the answer to that question is yes. Looking at the order book on Bitstamp I really doubt it will hold. If someone sells 150 BTC the price is $265.xx |
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gandhibt
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November 10, 2013, 04:10:32 PM |
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Bitstamp at $266. Will it hold for the third time in 20 hours?
The Bitstamp price is quite irrelevant. sure, stamp has second largest volume in recent days after 0%fee btcchina... triple bot forming in stamp, strong support at 265 |
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AmazonStuff
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November 10, 2013, 04:15:09 PM |
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This could be called dead cat bounce marathon  |
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gandhibt
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November 10, 2013, 04:15:25 PM |
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pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?
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masisty
Newbie
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Activity: 10
Merit: 0
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November 10, 2013, 04:17:13 PM |
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pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?
think its not a good time to short isnt it ? |
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gandhibt
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November 10, 2013, 04:19:43 PM |
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pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?
think its not a good time to short isnt it ? i meant that they shorted perhaps at higher price. if it's going to break 265 then it would maybe be wise to wait for bounce and sell some. i believe our triple bot holds, how strong can a support be? well strong it is =) |
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pera
Sr. Member
Offline
Activity: 532
Merit: 261
バカ
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November 10, 2013, 04:21:40 PM |
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ouch! Number? Hash? Time? Transactions? Total BTC? Size (kB)?
268861 45cfd7571a... 2013-11-10 16:08:57 469 19461.57057709 247.521
268860 5ca67e7f15... 2013-11-10 15:57:23 371 12132.8603931 187.936
268859 db9fcddda9... 2013-11-10 15:49:20 102 4549.8214365 65.753
get ready! |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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November 10, 2013, 04:22:07 PM |
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pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?
think its not a good time to short isnt it ? I've just been taking some long positions in the dips.. mostly for fun. |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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November 10, 2013, 04:23:13 PM |
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ouch! Number? Hash? Time? Transactions? Total BTC? Size (kB)?
268861 45cfd7571a... 2013-11-10 16:08:57 469 19461.57057709 247.521
268860 5ca67e7f15... 2013-11-10 15:57:23 371 12132.8603931 187.936
268859 db9fcddda9... 2013-11-10 15:49:20 102 4549.8214365 65.753
get ready! Do you mean 20k extra coins will get dumped on Gox very soon? |
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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November 10, 2013, 04:26:33 PM |
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I thought we might settle back at ~$350 on Gox today, setting up for Monday (in case another bullish week ensues following this). Plenty of volume now though. Certainly plenty of capitulation this weekend from those taking down profits..
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Poll
