Ashitank
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December 31, 2013, 07:48:10 AM |
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I guess the slow decline phase has started as it was predicted earlier.
what you saying? we in a bubble? you're a bubble! Not every body has to understand every body
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T.Stuart
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December 31, 2013, 08:00:42 AM |
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Should consolidate around $790 today; consolidation at $825 by the end of the week.
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ChartBuddy
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December 31, 2013, 08:02:33 AM |
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OldGeek
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Blitz:The price affects the perception of the news
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December 31, 2013, 08:03:27 AM |
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I love predictions!
Would you please define 'consolidate'?
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MikeH
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December 31, 2013, 08:04:51 AM |
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Not every body has to understand every body I understood but when you have the urge to randomly call someone a bubble, it just has to be done.
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MikeH
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December 31, 2013, 08:09:37 AM |
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I think we've been stable recently because most of the usual manipulators don't want to buy back at a loss...
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adsdas
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https://streamies.io/
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December 31, 2013, 08:12:35 AM |
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Choo choo january! btw is sell and buy if executed price new on bitstamp? Don't think I've seen it before
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OldGeek
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Blitz:The price affects the perception of the news
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December 31, 2013, 08:15:57 AM |
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I think we've been stable recently because most of the usual manipulators don't want to buy back at a loss...
That's as reasonable as any other explanation I can think of. Someone up-thread, like maybe 20 pages ago, said something to the effect of 'the weak hands are out of the market. The potential buyers are waiting for lower prices. The potential sellers are waiting for higher prices'. If true, then that would add to the seeming stability.
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aminorex
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Sine secretum non libertas
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December 31, 2013, 08:43:20 AM |
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the effect on the western markets if, say Huobi, crashed to zero in the next 24 hours?
if you can arrange that, try to arrange it for evening in the u.s. to maximize the number of tarders watching the tape, to shake loose the most panic sells. the book is thick with deep order ladders, so it wont take long for the slim band linking the blue world exhanges to the red ones to snap, but the selling would be hot for a little while. it would have more effect albeit slower in onset, if the tape out of china stopped after a rapid 5 pct decline i think, but even then you are only going to get the twitchy over extended types in the absence of news. positions are hardened about china. a shock from a new direction would be more likely to create a self-sustaining spreading panic.
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Parazyd
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December 31, 2013, 08:46:04 AM |
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Choo choo january! btw is sell and buy if executed price new on bitstamp? Don't think I've seen it before 2014's gonna be awesome!
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aminorex
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December 31, 2013, 08:50:10 AM |
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i think an e.u. directive requiring registration of bitcoin addresses to a chartered financial institution would really shake things up. it wouldn't need to be legit, just so long as it was picked up by bloomberg and maybe reuters. pray god that it doesn't happen now or i will be blamed.
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aminorex
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December 31, 2013, 08:53:49 AM |
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mind you the bitcoin foundation would love it, say it legitimized bitcoin. i think they have no reason to live if they don't file an anti-trust action against APPL.
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Nemo1024
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December 31, 2013, 08:55:05 AM |
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Choo choo january! btw is sell and buy if executed price new on bitstamp? Don't think I've seen it before Yes! A nice New Year present from them! As I understand it you create a buy and a sell order in one go (and vica versa)?
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OldGeek
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Blitz:The price affects the perception of the news
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December 31, 2013, 09:01:35 AM |
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if you can arrange that, try to arrange it for evening in the u.s. to maximize the number of tarders watching the tape, to shake loose the most panic sells. the book is thick with deep order ladders, so it wont take long for the slim band linking the blue world exhanges to the red ones to snap, but the selling would be hot for a little while. it would have more effect albeit slower in onset, if the tape out of china stopped after a rapid 5 pct decline i think, but even then you are only going to get the twitchy over extended types in the absence of news. positions are hardened about china. a shock from a new direction would be more likely to create a self-sustaining spreading panic.
That pretty well agrees with my estimation of the situation too. It may well be that the CNY situation has been factored in. It will be interesting to see how it plays out. I have noticed that MtSux is the seeming leader in the minute movements I've seen in the last few hours. Huobi is just wandering sidewise. Of course the majority of their traders are sleeping now. I think I'll just blow it off tonite and try again tomorrow. News Flash! This just in....aminorex, a reliable news source, has confirmed that the EU will begin requiring Bitcoin address registration at a chartered financial institution. This change will take effect immediately. Violators will be persecuted. Sub-headline: This station has learned that the Bitcoin Foundation intends to file suit in International courts over the alleged registration requirements by the EU. theymos is mis-quoted as saying 'This is BS. We cannot allow them to interfere with the progress of the crypto currency world'. Stay tuned folks, the end of the world as we know it may soon be at hand. Single digits by Friday!
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alexeft
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December 31, 2013, 09:01:55 AM |
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i think an e.u. directive requiring registration of bitcoin addresses to a chartered financial institution would really shake things up. it wouldn't need to be legit, just so long as it was picked up by bloomberg and maybe reuters. pray god that it doesn't happen now or i will be blamed.
Where did this come from? Did you make it up?
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ChartBuddy
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December 31, 2013, 09:02:42 AM |
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macsga
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Strange, yet attractive.
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December 31, 2013, 09:43:04 AM Last edit: December 31, 2013, 11:24:05 AM by macsga |
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i think an e.u. directive requiring registration of bitcoin addresses to a chartered financial institution would really shake things up. it wouldn't need to be legit, just so long as it was picked up by bloomberg and maybe reuters. pray god that it doesn't happen now or i will be blamed.
Where did this come from? Did you make it up? No need to do it; if someone wants to have your IP; one might as well trace it if you just traded once... (if you don't use anonymity s/w that is) http://bitcoin.stackexchange.com/questions/193/how-do-i-see-the-ip-address-of-a-bitcoin-transaction
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alexeft
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December 31, 2013, 09:59:04 AM |
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All this FUD in this place!!!!
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ChartBuddy
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December 31, 2013, 10:02:55 AM |
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T.Stuart
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December 31, 2013, 10:42:04 AM |
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i think an e.u. directive requiring registration of bitcoin addresses to a chartered financial institution would really shake things up. it wouldn't need to be legit, just so long as it was picked up by bloomberg and maybe reuters. pray god that it doesn't happen now or i will be blamed.
That will happen automatically via the exchanges' compliance. Maybe not being implemented as we speak but I would be surprised if at least the details aren't being hammered out now behind closed doors. But it's not actually bad for Bitcoin growth - don't you think there's a whole new market of safety conscious investors waiting for this kind of assurance?
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