DieJohnny
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Activity: 1639
Merit: 1006
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January 26, 2014, 03:31:45 PM |
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Gox gets north of 1095.... i am calling quintuple top....
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DieJohnny
Legendary
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Activity: 1639
Merit: 1006
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January 26, 2014, 03:33:06 PM |
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It can't be reserve currency, not in the near future, not when 47 people, holding 30% of all bitcoins, mostly very young people can dictate its price... When, and if, they start to cash out we might start think about it... There is a whale of a lot of comment about this mining reward becoming the dominant currency of some future world. I cannot believe that, for many reasons.
I'm becoming increasingly convinced that it will become a major currency, a reserve currency. It has no counterparty risk. Debt-based money has always and will always fail, either gradually or suddenly. Only hard money is without counterparty risk. The technical superiority of BTC to gold is obvious, and you can't overcome that gap without introducing counterparty risk. USD,EUR,RMB,JPY are all teetering on the brink of the largest synchronized sovereign crisis in the history of the world. They have sown the wind, and will reap the whirlwind. It's mathematically inevitable at this point. We just don't know how long the dead men can keep walking. It can. You just disproved your own argument with your top posting. Bitcoin will be the cause of world war III |
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flynn
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January 26, 2014, 03:33:21 PM |
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Chew Chewing MF Bears ...
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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January 26, 2014, 03:35:15 PM |
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You guys do realize how thinly traded this market is, right? The real whales are hodling.
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Richard Branson
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January 26, 2014, 03:35:59 PM |
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You guys do realize how thinly traded this market is, right? The real whales are hodling.
The wait till we reach 1000-1100$ (not GOX) and dump! Hmm Huobi has reached the weekend peak. Time to sell. |
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podyx
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Activity: 2338
Merit: 1035
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January 26, 2014, 03:36:42 PM |
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lol i was gonna make a parody on the tom cruise clip with bitcoin https://www.youtube.com/watch?v=tRGDcwOxBzY1. what are your thoughts on bitcoin? 2. what do you think about media speculators? 3. what do u think about the volatile prices? 4. why do u not like panic sellers who spread FUD on forums? 5. what do u think about people like Edward50 and Proudhon?? (only the laugh here) 6. do you daytrade anything?  |
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GaliX
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January 26, 2014, 03:37:33 PM |
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i am sure some of the whales have insider informations. Also, look at the huobi move, which has not a situation as gox.
This is exactly the sentiment that causes these panics. Everyone thinks there is some insider information and the more people that participate, the strong the feeling becomes. But in reality there is no information. More likely what happened is MtGox's 1D MACD crossed and all the heavy duty bots started buying, and then this massive movement caused all of the other markets to panic. I was watching - Huobi was following mtgox. people can't withdraw from MtGox / it takes for ever till they get the money. Looks like MtGox has big financial problem. So what is happening? The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes. That makes Bitcoins rare on the market and the price breakes everything. |
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DieJohnny
Legendary
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Activity: 1639
Merit: 1006
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January 26, 2014, 03:37:57 PM |
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Hodl your horses, until 845 is broken, the trend is not clear at all.. it just looks like 19-20 January for now.
super exponential says it has to break 900 today. So I am going with up! |
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tolega
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January 26, 2014, 03:38:45 PM |
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Gox can go to $5000, so what? The money will never get into your account.
Stop quoting a monopoly like money website.
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DieJohnny
Legendary
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Activity: 1639
Merit: 1006
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January 26, 2014, 03:39:38 PM |
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i am sure some of the whales have insider informations. Also, look at the huobi move, which has not a situation as gox.
This is exactly the sentiment that causes these panics. Everyone thinks there is some insider information and the more people that participate, the strong the feeling becomes. But in reality there is no information. More likely what happened is MtGox's 1D MACD crossed and all the heavy duty bots started buying, and then this massive movement caused all of the other markets to panic. I was watching - Huobi was following mtgox. people can't withdraw from MtGox / it takes for ever till they get the money. Looks like MtGox has big financial problem. So what is happening? The people left on MtGox with Fiat are forced to buy super expensive BTC and withdraw these before Gox closes. That makes Bitcoins rare on the market and the price breakes everything. counter argument, total ask for btc has stayed steady around 5000 btc for last two months..... If there were less btc to be had, then less would be offered for sale... |
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proudhon
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Activity: 2198
Merit: 1311
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January 26, 2014, 03:39:59 PM |
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Looks like the crash is starting.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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January 26, 2014, 03:40:12 PM |
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TERA's girlfriend:
Honey, could we do some chuppa-chuppa?
No sweet, I'm looking at MACD right now. It's important.
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GaliX
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January 26, 2014, 03:40:39 PM |
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Gox can go to $5000, so what? The money will never get into your account.
Stop quoting a monopoly like money website.
when it reaches 5000$ Gox ist most likely offline and the people with FIAT on gox are screwed. |
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pietje
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January 26, 2014, 03:47:04 PM |
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Looks like the crash is starting.
We are going up again. Looks like the rally is starting  |
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TERA
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January 26, 2014, 03:50:01 PM |
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TERA's girlfriend:
Honey, could we do some chuppa-chuppa?
No sweet, I'm looking at MACD right now. It's important.
I really need a bot  |
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Rannasha
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January 26, 2014, 03:54:36 PM |
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TERA's girlfriend:
Honey, could we do some chuppa-chuppa?
No sweet, I'm looking at MACD right now. It's important.
I really need a bot For the MACDs or for your girlfriend?  |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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January 26, 2014, 03:54:56 PM |
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TERA's girlfriend:
Honey, could we do some chuppa-chuppa?
No sweet, I'm looking at MACD right now. It's important.
I really need a bot Bots were not that great recently, I was mainly losing money with them in this sideways market. But keep some of them live as a hedge if some flash crash happens when I'm not around. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 26, 2014, 04:02:50 PM |
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just some profit taking
thats all
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TERA
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January 26, 2014, 04:05:03 PM |
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TERA's girlfriend:
Honey, could we do some chuppa-chuppa?
No sweet, I'm looking at MACD right now. It's important.
I really need a bot Bots were not that great recently, I was mainly losing money with them in this sideways market. But keep some of them live as a hedge if some flash crash happens when I'm not around. If there is a flashcrash then I want to be there to trade it. But during the sideways market I'd like to have a bot playing the 1H and 4H MACDs for me, so I don't have to do the labor of checking the MACD every hour and I can sleep normally and lead a normal life. |
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