macsga
Legendary
 Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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December 18, 2013, 10:31:39 PM |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 18, 2013, 10:34:12 PM |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 18, 2013, 10:40:16 PM |
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Bubble pop but without bear market for ages afterwards feels weird. Do I have to go back all in already?
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tHash
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December 18, 2013, 10:43:06 PM |
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Will the majority of the sellers buy back in after it's clear the bottom has been hit? That's the real question here.
There's some much bigger questions than that here, not ones for this subforum though ;/ ... yes? Probably better just to wait and see how the whole thing plays out in the long term, reset's aren't a bad thing, who's finger's on the reset buttons matters though. Altcoins ftw, this whole money things overrated. Is there anywhere you can overlay live charts? Looks like something special might have just happened, gox and stamp are still closely matched but China's doing its own thing. Do you have a thread where you are discussing the bigger questions? I don't have time to watch what you were seeing happen, but would like to be able to keep up . . . |
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Soulpowered
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December 18, 2013, 10:44:05 PM |
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After factoring the news from China into the stages of a bubble model and extrapolating, I've come to the following conclusion:  Guys I tried to warn you. Hope you listened.  . . . Everyone who takes this stuff too seriously, please ignore me. much awesome, such made my day, wow |
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gandhibt
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December 18, 2013, 10:45:31 PM |
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Bubble pop but without bear market for ages afterwards feels weird. Do I have to go back all in already?
all in is the only option where you can't lose coins (if they are safe) |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 18, 2013, 10:49:54 PM |
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Gox is getting hammered right now. Meanwhile on Bitstamp/Bitfinex it's a standoff.
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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December 18, 2013, 10:51:01 PM |
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so you can put it in through japan and take it back out in china? what is this?
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gandhibt
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December 18, 2013, 10:52:05 PM |
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market is stable, not overbought/sold and price is creeping up
volume ath was today, isn't that good indicator of bot? maybe it bounces to 800+ and then consolidates somewhere at 600 +/-100
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pickard
Member
Offline
Activity: 84
Merit: 10
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December 18, 2013, 10:55:23 PM |
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market is stable, not overbought/sold and price is creeping up
volume ath was today, isn't that good indicator of bot? maybe it bounces to 800+ and then consolidates somewhere at 600 +/-100
come back down to earth. It won't be back above 650 for a long time, like 2014. maybe  |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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December 18, 2013, 10:58:59 PM |
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After factoring the news from China into the stages of a bubble model and extrapolating, I've come to the following conclusion: Guys I tried to warn you. Hope you listened. . . . Everyone who takes this stuff too seriously, please ignore me. omg so much chuckle |
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pickard
Member
Offline
Activity: 84
Merit: 10
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December 18, 2013, 11:00:47 PM |
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market is stable, not overbought/sold and price is creeping up
volume ath was today, isn't that good indicator of bot? maybe it bounces to 800+ and then consolidates somewhere at 600 +/-100
come back down to earth. It won't be back above 650 for a long time, like 2014. maybe statements like these are always bound to fail when it comes to btc price Maybe. but the price before btc fever in china was about $180. It's now a month later and we hit over $1200, now it's $550 and it was dropping before this news. The latest news today is just the short term nail in the coffin! I have no doubt BTC will be back to $1200 and beyond, but to say this is happening anytime soon is just wishful thinking. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 18, 2013, 11:01:38 PM |
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jojo69
Legendary
 Online
Activity: 3164
Merit: 4341
diamond-handed zealot
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December 18, 2013, 11:02:27 PM |
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I have no doubt BTC will be back to $1200 and beyond, but to say this is happening anytime soon is just wishful thinking.
you haven't been around here very long have you? when this thing turns it can rip your face off |
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MAbtc
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December 18, 2013, 11:02:54 PM |
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I'd be very surprised if we could push it up to $800 at this point, but it's possible.
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 18, 2013, 11:03:23 PM |
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It makes me sad and pissed off that so many smart people here (me included!) get run over by trading. I'm interested in putting together some quant tools, some portfolio management and position sizing tools, etc, etc, and working with other people here, so that we can have some education to move us away from gambling towards real wealth creation (a la a hedge fund type system)-- probably in a something like a club, at first. I have to program quite a bit of architecture first, so it's a ways off. The tools would allow us to essentially customize our approaches and handle multiple API's on multiple coins and exchanges. You could say I'm just past the 'napkin drawing' stage. Would anyone be interested in that sort of thing?  I'm defo interested, but would not trade on MtSux again. When you get an option for the BTC-e exchange, I'm in. Well, in for a smallish amount to test. |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 18, 2013, 11:06:15 PM |
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market is stable, not overbought/sold and price is creeping up
volume ath was today, isn't that good indicator of bot? maybe it bounces to 800+ and then consolidates somewhere at 600 +/-100
Were in for another sell off |
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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December 18, 2013, 11:08:53 PM |
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I can hardly wait till it's back below $200 so I can start buying again.
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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December 18, 2013, 11:11:11 PM |
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I can hardly wait till it's back below $200 so I can start buying again.
They say I'm a dreamer |
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Pruden
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December 18, 2013, 11:11:46 PM |
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Were in for another sell off
With which coins? www.blockchained.comFor the first time, ask volume decreased during the crash, proving that the sells were pure panic. By this time after the november, 900-450 crashcorrection, ask volume had doubled and reached eventually triple the magnitude. In april it also skyrocketed to 4-5 times the initial value. Now it shows absolutely no will to even get back to pre-crash levels. |
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