marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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January 20, 2015, 12:21:14 AM |
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Important point from the other thread: A year ago the 12.64M BTC mined were worth US$10.55B. Today, the 13.74B BTC mined are worth less than US$3B.
Not all US$7.5B (that's "B", not "M") were pumped out o the system since not all BTC were in the market traded, but significant amount was sold and fiat withdrawn from the system, which would not be possible without disturbing demand/supply balance. Price going down made some people seriously rich. Almost "B" rich. this is a very important point to remember ... the bitcoin economy has exported a large percentage of its wealth into fiat (and crypto ventures) last year, the question is how much of that will come flowing back into when they realise they will be better treated in bitcoin. The default ltrained-from-birth behaviour of going into fiat to seek security is an irrational pavlovian response ... few more bankster busts, central bank bombshells in the currency wars and bail-ins will be needed to shock the sheeple out of their bad old fiat ways.
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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January 20, 2015, 12:23:50 AM |
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Large red volume spikes.
Looks dangerous.
Don't get intimidated... Scoop up the cheap coins. It's still BULLISH! This is what i would say if i was a delusional bulltrash
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 20, 2015, 12:25:37 AM |
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looks like the bears dont have much ammo
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supermine
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January 20, 2015, 12:27:14 AM |
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Projected pessimistic targets back on track. Let's see if Bear momentum of last week will return or not. Bulls not easily frightened these days. Yen 1250 on Huobi is major Support zone. If we break that, it is the $136 target we are projecting. Good luck trading!
Why $136? It's where the major fib fan ray drawn from Gold Parity levels runs at the moment. -If- we manage to go down further, before a parabolic gap-filling up to $250-ish (like on simliar drops before), then I would say $136 is the minimum we will see for now. The 30-min MACD is in full negative swing, which tells me that Y1300 will not be able to be held and a serious re-test of Y1250 will occur, that level has proven as a pivot point for the last few days, so it will be interesting to watch.
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supermine
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January 20, 2015, 12:29:53 AM |
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I will tell your mum that your are up late!
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cmacwiz
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January 20, 2015, 12:38:46 AM |
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Let's see under 150 now!
narwhal bacon midnight hue hue hue
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Rocky X
Newbie
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Activity: 31
Merit: 0
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January 20, 2015, 12:39:41 AM |
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Bulls will come back 3 weeks later.
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fonzie
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January 20, 2015, 12:40:11 AM |
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supermine
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January 20, 2015, 12:41:32 AM |
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It's impressive how the low volumed bull momentum manages to take bearish fib fans level by level - There is no indication for a bearish divergence on my screen, too.
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Kupsi
Legendary
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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January 20, 2015, 12:42:54 AM |
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2014. A little late maybe?
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BrewCrewFan
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January 20, 2015, 12:46:55 AM |
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Projected pessimistic targets back on track. Let's see if Bear momentum of last week will return or not. Bulls not easily frightened these days. Yen 1250 on Huobi is major Support zone. If we break that, it is the $136 target we are projecting. Good luck trading!
One of the best GIF ( whatever they are called ) I have seen in a long time... reply to repost it again! This got a smile on my face.
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Brewins
Legendary
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Activity: 1120
Merit: 1000
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January 20, 2015, 12:48:13 AM |
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2014. A little late maybe? There are still coins that might be sold depending on the outcome of the Ulbricht trial But I see no news related to new auctions anywhere
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fonzie
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January 20, 2015, 12:49:34 AM |
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No need to hurry for whales to buy on exchange now. 2014. A little late maybe? It´s a typo, i just got an answer from the USMS!
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ParabellumLite
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January 20, 2015, 12:51:12 AM |
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No need to hurry for whales to buy on exchange now. 2014. A little late maybe? It´s a typo, i just got an answer from the USMS!
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empowering
Legendary
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Activity: 1078
Merit: 1441
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January 20, 2015, 12:53:59 AM |
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No need to hurry for whales to buy on exchange now. 2014. A little late maybe? It´s a typo, i just got an answer from the USMS! Haaaa... they are working late... shouldn't they be dunking doughnuts into vats of coors around now? (racialist )
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ChartBuddy
Legendary
Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 20, 2015, 12:59:59 AM |
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Bitfinex Bitstamp Explanation
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JorgeStolfi
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January 20, 2015, 01:09:14 AM |
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2014. A little late maybe?
Good joke (I supose ) January 27, 2014 is when they struck the deal with Ross to auction their coins. That image must have been clipped rom the announcement of the last auction.
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Specular
Full Member
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Activity: 180
Merit: 102
dApps Development Automation Platform
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January 20, 2015, 01:25:57 AM |
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Bitfinex flat on Bitcoinwisdom - is the API just down or has trading ground to a halt?
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fonzie
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January 20, 2015, 01:31:11 AM |
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Bitfinex flat on Bitcoinwisdom - is the API just down or has trading ground to a halt?
A. Hacked and robbed B. Protection measures as the executed 50000 BTC market sell order would have driven the price to 0$ C.(bitfinex/bitcoinwsidsom still working and updating for me)
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Brewins
Legendary
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Activity: 1120
Merit: 1000
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January 20, 2015, 01:31:49 AM |
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Bitfinex flat on Bitcoinwisdom - is the API just down or has trading ground to a halt?
trading is low but there is trading(around 1 BTC every 30 min)
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