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YoYa
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November 20, 2013, 12:42:09 AM |
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I think we have a trend reversal.
so, no bear traps anymore, only bull traps.
Nope, bear trap. May sit here for a week though first.  I'm just amused by people freaking out about the "bear market". Has anyone taken a gander at the 1-year chart? Sometimes I wonder. Live through a bear market and you'll know what it means, Ironically while having lost half my original investment, I had the highest amount of coin ever. Sadly I don't have the conviction to hold, I'm a trader, I got the buy/sell bug and MtGox loves me for transaction fees  |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Walsoraj
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November 20, 2013, 12:42:25 AM |
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I think we have a trend reversal.
so, no bear traps anymore, only bull traps.
Nope, bear trap. May sit here for a week though first. I'm just amused by people freaking out about the "bear market". Has anyone taken a gander at the 1-year chart? Sometimes I wonder. Well, consider that some charts are based on objective facts (reality), which are completely unreliable for predicting the movements of this market.  |
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jojo69
Legendary
 Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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November 20, 2013, 12:42:56 AM |
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I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows. I will sell a few btc if you can wire me in the usa. Im not selling discounted but you can get them fast. fast coins better than cheap coins...amirite? |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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November 20, 2013, 12:43:14 AM |
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Chalkbot
Legendary
Offline
Activity: 896
Merit: 1001
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November 20, 2013, 12:44:51 AM |
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I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows. this can't be true... oh your saying the 7 day wait is too much for you? then you don't really want to put more money in.... What are other people doing? Am I missing an obvious option? Yeah 7 days a little discomforting for a couple reasons. I think bitcoin could shoot up in that timeframe, and then I'd rather have the dollars for the interim.... which would be trapped in Gox. Secondly, Coinbase is supposed to restock in less time than that, and I know I can get a better price there.... just no guarantee that I can get in line fast enough to get any coins. |
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CryptStorm
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November 20, 2013, 12:47:45 AM |
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Come on bears and panic sellers.. and the ocassional profiteer... only a 10% drop in price today, you can do better than that! Come on let those coins roll, gotta diversify the population some more!
What in the hell are you talking about!? I woke up to an alarm that had us at $520, we went back to 750, and now we're heading south again. You crazytown on the crack smoke much? |
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bassclef
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November 20, 2013, 12:48:29 AM |
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I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows. Keep checking Coinbase. I was able to buy last night, price lock-in and all. |
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TERA
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November 20, 2013, 12:48:51 AM |
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CryptStorm
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November 20, 2013, 12:49:44 AM |
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this always happens, poeple get crazy excited and buy buy buy
but its all good, they're really good news behind us, money will come flowing in like never b4.
we are looking to forum a cup and handle, while we wait for the money flow.
Probably a stupid question but i've heard the phrase 'cup and handle' here a few times before... What exactly am I looking for?  Just to be clear, this is not at all what is happening. We had a much milder bubble this time, moderated by understandable skepticism with the last one so fresh in our minds. It popped, driving Gox briefly below 600, and we're going to oscillate a bit more before stabilizing for the very short term somewhere in the 600-700 range. Then over the next 2-3 weeks we'll likely lose another $100 as the impatient pull their money, and then we wait for the next hype cycle. It will be soon; the cycles are accelerating. I'd give it 3 months. The bubble will be even more controlled next time. im not sure, all this stuff just now hit the media, and no one can get money into buying btc yet. i think we might go higher. this run up was only cuz of people already into btc. I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption. +1 This, exactly, and Vycid's lucid analysis. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 20, 2013, 12:53:40 AM |
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I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows. this can't be true... oh your saying the 7 day wait is too much for you? then you don't really want to put more money in.... What are other people doing? Am I missing an obvious option? Yeah 7 days a little discomforting for a couple reasons. I think bitcoin could shoot up in that timeframe, and then I'd rather have the dollars for the interim.... which would be trapped in Gox. Secondly, Coinbase is supposed to restock in less time than that, and I know I can get a better price there.... just no guarantee that I can get in line fast enough to get any coins. " i'm not going to send money today because i think price will go higher " lol what? anyway, Coinbase doesn't have coins for sale? what a shitty service! |
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wobber
Legendary
Offline
Activity: 1064
Merit: 1001
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November 20, 2013, 12:53:47 AM |
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12M USD! let me open the fiat faucet! I'm pouring into gox! |
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calian
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November 20, 2013, 12:54:09 AM |
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What are other people doing? Am I missing an obvious option? Yeah 7 days a little discomforting for a couple reasons. I think bitcoin could shoot up in that timeframe, and then I'd rather have the dollars for the interim.... which would be trapped in Gox. Secondly, Coinbase is supposed to restock in less time than that, and I know I can get a better price there.... just no guarantee that I can get in line fast enough to get any coins.
Isn't there any way to get money into CampBX without a 90 day wait? They've had really low prices throughout the run up. |
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Chalkbot
Legendary
Offline
Activity: 896
Merit: 1001
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November 20, 2013, 12:54:58 AM |
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I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows. Keep checking Coinbase. I was able to buy last night, price lock-in and all. OMG, it worked. Thank you. I just tried like 10 minutes ago. |
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Richy_T
Legendary
Offline
Activity: 2436
Merit: 2118
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 20, 2013, 12:55:36 AM |
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selloff in progress. hold on to your butts!
Can I hold on to your butt? I already sold my butt. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 20, 2013, 01:00:14 AM |
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selloff in progress. hold on to your butts!
Can I hold on to your butt? I already sold my butt. i'm buying and selling my ass like a mofo I am helping to stabilize bitcoin so full of joy! |
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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November 20, 2013, 01:01:21 AM |
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ready fora plunge yo
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2013, 01:01:28 AM |
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CryptStorm
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November 20, 2013, 01:06:50 AM |
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Thank you for the cheap coins.  |
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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November 20, 2013, 01:07:11 AM |
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selloff in progress. hold on to your butts!
Can I hold on to your butt? I already sold my butt. i'm buying and selling my ass like a mofo I am helping to stabilize bitcoin so full of joy! The speculators are p2p equipment of the FED Bernanke. You have got to love Bitcoin they work 24/7 and don't tax the system. This is natural law in harmony with the market. |
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CryptStorm
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November 20, 2013, 01:08:43 AM |
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selloff in progress. hold on to your butts!
Can I hold on to your butt? I already sold my butt. i'm buying and selling my ass like a mofo I am helping to stabilize bitcoin so full of joy! The speculators are p2p equipment of Bernanke. You have got to love Bitcoin they work 24/7 and don't tax the system. This is natural law in harmony with the market. Say huh? p2p of bernanke...? say it again, joe |
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