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pinky
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January 06, 2014, 05:08:15 PM |
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1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??
Ill take that bet. Shake New thread required.  I would take that bet too, but since there is a 0% chance he would pay, some sort of escrow is needed. Since when you have such a low faith in bitcoiners? Aren't we bitcoiners people with high moral standards?  |
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darklight
Member
 Offline
Activity: 88
Merit: 10
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January 06, 2014, 05:10:45 PM |
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Not the best bet to make really. If CoinBull wins he gets 1 BTC worth less than $750. If he loses, he has to pay 1 BTC worth over $750
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JimboToronto
Legendary
 Online
Activity: 3990
Merit: 4461
You're never too old to think young.
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January 06, 2014, 05:13:20 PM |
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Same old same old.
$1000 at Gox.
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dgarcia
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January 06, 2014, 05:20:49 PM |
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Next dump incoming? Or only a little aftermath? |
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philip2000uk
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January 06, 2014, 05:24:34 PM |
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I think TA should be used with real caution now, since the fundamentals have improved and we have a lot of bigger players entering. Just some advice for the people who focus mainly on TA.
I don't know, really. What else do you have, other than TA? I mean, fundamentals are subject to interpretation as well. There is no "objective" way to look at news/fundamentals... the market reaction to the Silk Road bust is a perfect example for that. My point is, TA is just as useful or not useful as it always is. Perhaps what you have in mind is better phrased as: "don't cling to *outdated* assumptions from TA". I remember one of the mantras being repeated after the April peak/crash was that "price has to deflate back all the way" (which was either ~15 USD = price at beginning of the rally or ~30 USD = previous ATH). In reality, final capitulation was at ~60 USD, off by a factor of 2. * * * The current situation still fits into my own expectations... we went up pretty nicely over the last weeks, and with some extra force in the last few days, and I still consider it a real possibility that we're seeing an early end to the post-December peak bear market. On the other hand, we have what could be a (spread out) double top at 1070/1090, and there's also a real chance we're still going to go down much further. I'm not tempted to re-adjust my position quite yet. If we go through 890-900 (mtgox) *with force*, and close below it, I'm starting to get worried. Well, not really, but I would consider the "continued bear market" scenario more likely again. Yes indeed, this is what i meant. So guys beware, the landscape is changing really fast now. Please keep this in mind with the decisions you make and adopt to them. I hate to see early adapters left behind. I left my Adapter behind once luckily singapore has the same plug as uk :p |
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Mythul
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January 06, 2014, 05:27:23 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
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alexeft
Legendary
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Activity: 854
Merit: 1000
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January 06, 2014, 05:28:07 PM |
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Same old same old.
$1000 at Gox.
Didn't you know, dead cats bounce upwards!!! LOL! |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 06, 2014, 05:29:01 PM |
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if we can get above 1000$ and build some support there i think we'll be golden
i sold a few lil bits yesterday i'm not a seller again until it goes higher
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dgarcia
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January 06, 2014, 05:30:54 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
I like cheap coins! <3 |
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niothor
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January 06, 2014, 05:31:22 PM |
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if we can get above 1000$ and build some support there i think we'll be golden
i sold a few lil bits yesterday i'm not a seller again until it goes higher
You SODL? You're suppose to HODL! |
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kromer
Member
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Activity: 86
Merit: 16
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January 06, 2014, 05:31:29 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
The Chinese are the biggest savers on the planet. The reason they are buying so much now is because they realise it is their last chance to do so easily. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 06, 2014, 05:36:51 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
I like cheap coins! <3 i can't see that have TOO much of an effect on the market, we have known this was coming for some time... and if you think about it it should only bring up the value of bitcoins in china since there is no easy way of getting bitcoins with CNY anymore. its hard to say how the market will react to a few exchanges ( who are suspected to lie about volume ) close down. i think maybe the overflow of good news might win out over fear uncertainty and doubt |
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JimboToronto
Legendary
Online
Activity: 3990
Merit: 4461
You're never too old to think young.
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January 06, 2014, 05:37:31 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
Yep, sell at triple digits quick before the price recovers.  Edit- Oops too late... back to 4 digits. Big dip? By whales into the pockets of weak hands?  |
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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January 06, 2014, 05:39:12 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
How do you justify the call that Chinese exchanges are about to fold? |
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granathus
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January 06, 2014, 05:40:51 PM |
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The big dip is here! But it's dipping the wrong way..  |
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humanitee
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January 06, 2014, 05:41:27 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
How do you justify the call that Chinese exchanges are about to fold? Imagination  |
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pera
Sr. Member
Offline
Activity: 532
Merit: 261
バカ
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January 06, 2014, 05:47:29 PM |
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nice  |
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T.Stuart
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January 06, 2014, 05:49:21 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
LOLOLOLOL hahahahaha \ 1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours?? Is this for real? |
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JimboToronto
Legendary
Online
Activity: 3990
Merit: 4461
You're never too old to think young.
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January 06, 2014, 05:49:41 PM |
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I think now is still the time to sell since Chinese exchanges begin to close. They will announce the closure at least one week earlier if they really care about their users.
The big dip is coming.
How do you justify the call that Chinese exchanges are about to fold? They wont fodl they will hodl! You just todl him. |
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T.Stuart
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January 06, 2014, 05:56:04 PM |
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Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.
LOLOLOLOL hahahahaha \ 1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours?? Is this for real? Coinbull I accept your wager. Please answer my PM. |
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