Torque
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Activity: 3710
Merit: 5286
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January 20, 2015, 06:53:14 PM |
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Price has flatlined since the Coinbase announcement pop.
Well at least it has not tanked like the dozens of other times acceptance /good news hit. My prediction: Whale traders have known about the Coinbase deal for the last week, perhaps longer, and have been propping up the price in hopes of new buyers rushing in. If they don't get the expected rise they want/need (+20%), they will dump again soon. They're gonna dump either way.
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NotLambchop
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January 20, 2015, 06:55:55 PM |
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... Where do you even manage to get thses kind of graphics ? Looks pretty cool Google "Chinese propaganda posters" or "Great leap forward." Some hilarious, some just really neat.
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Davyd05
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January 20, 2015, 06:59:46 PM |
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Price has flatlined since the Coinbase announcement pop.
Well at least it has not tanked like the dozens of other times acceptance /good news hit. My prediction: Whale traders have known about the Coinbase deal for the last week, perhaps longer, and have been propping up the price in hopes of new buyers rushing in. If they don't get the expected rise they want/need (+20%), they will dump again soon. They're gonna dump either way. speculators going to speculate.. most of these movements have almost nothing to do with the news. More of the fact that real whales don't even play on exchanges, but they do make splashes from time to time. Either way .. the trend will break when it breaks, similarly to the bull top, the spring was a double down on paradigm shift which can still play out in the coming years with proper infrastructure investment.
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 20, 2015, 06:59:56 PM |
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Bitfinex Bitstamp Explanation
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BayAreaCoins
Legendary
Online
Activity: 3990
Merit: 1250
Owner at AltQuick.com
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January 20, 2015, 07:06:21 PM |
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OKCoin quarterly futures moved above Bitstamp for a brief moment.
Hopefully we see them back to the normal +5-10 bucks above market.
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Sitarow
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Activity: 1792
Merit: 1047
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January 20, 2015, 07:09:37 PM |
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plasticAiredale
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January 20, 2015, 07:19:21 PM |
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... Can you or any of the trolls find at least two people who predicted $10K coins, who now say the price doesn't matter. ...
Google is your friend Wow, even the two lines of text under the links make me facepalm hard. Thanks heartastack, I have Lamby on ignore and didn't see he replied for (his alt ) Jorge. However, that friendly google search is only half of what I asked though, I wanted to see these same people now saying the price doesn't matter. But whatever.
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luckygenough56
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Activity: 1526
Merit: 1012
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January 20, 2015, 07:21:13 PM |
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go reddit for "price doesn't matter", read that hundred of times there during the crash they even say that at the last miami bitcoin conference (article on coindesk)
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ronald98
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January 20, 2015, 07:21:58 PM |
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Certainly not because bitcoin is undervalued jorge! You are hilarious.
Well, I find hilarious all those bitcoin experts who last May predicted 10'000 USD/BTC or more (way more) for Jan/2015. (And who now are saying that "the price does not matter, what matters is the technology".) You know, I am actually glad to be totally ignorant about bitcoin. I wonder if you could actually find some of these experts you find so hilarious. Can you or any of the trolls find at least two people who predicted $10K coins, who now say the price doesn't matter. And you have been around way to long to claim ignorance about Bitcoin, otherwise I would question your claims of being a highly educated person. Here's one ........ That way you won't have to be standing with your pants around your ankles in 12 months time when the price is at $10,000 ranting about why it has "no value" ...........
I bought bitcoin in 2013 because I thought it was an exciting phenomenon and I wanted to have a "horse in the race". I wanted to be in bitcoin - not in dollars because I thought it was an immensely powerful technology and had a bright future. I measure the success of my "judgement" in terms of adoption, proliferation of understanding, consolidation of the technology etc,
................
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podyx
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Activity: 2338
Merit: 1035
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January 20, 2015, 07:22:40 PM |
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Good Guy NYSE, amirite? LOL yea
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BrewCrewFan
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January 20, 2015, 07:24:53 PM |
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Certainly not because bitcoin is undervalued jorge! You are hilarious.
Well, I find hilarious all those bitcoin experts who last May predicted 10'000 USD/BTC or more (way more) for Jan/2015. (And who now are saying that "the price does not matter, what matters is the technology".) You know, I am actually glad to be totally ignorant about bitcoin. I wonder if you could actually find some of these experts you find so hilarious. Can you or any of the trolls find at least two people who predicted $10K coins, who now say the price doesn't matter. And you have been around way to long to claim ignorance about Bitcoin, otherwise I would question your claims of being a highly educated person. Here's one ........ That way you won't have to be standing with your pants around your ankles in 12 months time when the price is at $10,000 ranting about why it has "no value" ...........
I bought bitcoin in 2013 because I thought it was an exciting phenomenon and I wanted to have a "horse in the race". I wanted to be in bitcoin - not in dollars because I thought it was an immensely powerful technology and had a bright future. I measure the success of my "judgement" in terms of adoption, proliferation of understanding, consolidation of the technology etc,
................
To the defense, it could just be someone green behind the ears when they first started and thinking it would be 10K by now. Myself, I have learned so much from this community ( more so on how to use the ignore option )... what I think now vs when I first got in is just astronomical.
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plasticAiredale
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January 20, 2015, 07:27:46 PM |
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But why should I google it, you surely have plenty of examples that you think of when you are laughing, just show me them, like ronald98 did a couple posts up.
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luckygenough56
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Activity: 1526
Merit: 1012
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January 20, 2015, 07:28:40 PM |
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this is just hilarious to read "bitcoin experts" hahahahahahahaha
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Davyd05
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January 20, 2015, 07:30:55 PM |
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this is just hilarious to read "bitcoin experts" hahahahahahahaha Chose pre-goxin mentalities, gox sure did slap bitcoin into a realization that we need better checks in place for our exchanges. Or you could just keep your private keys in your own control.
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ronald98
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January 20, 2015, 07:32:36 PM |
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Certainly not because bitcoin is undervalued jorge! You are hilarious.
Well, I find hilarious all those bitcoin experts who last May predicted 10'000 USD/BTC or more (way more) for Jan/2015. (And who now are saying that "the price does not matter, what matters is the technology".) You know, I am actually glad to be totally ignorant about bitcoin. I wonder if you could actually find some of these experts you find so hilarious. Can you or any of the trolls find at least two people who predicted $10K coins, who now say the price doesn't matter. And you have been around way to long to claim ignorance about Bitcoin, otherwise I would question your claims of being a highly educated person. Here's one ........ That way you won't have to be standing with your pants around your ankles in 12 months time when the price is at $10,000 ranting about why it has "no value" ...........
I bought bitcoin in 2013 because I thought it was an exciting phenomenon and I wanted to have a "horse in the race". I wanted to be in bitcoin - not in dollars because I thought it was an immensely powerful technology and had a bright future. I measure the success of my "judgement" in terms of adoption, proliferation of understanding, consolidation of the technology etc,
................
To the defense, it could just be someone green behind the ears when they first started and thinking it would be 10K by now. Myself, I have learned so much from this community ( more so on how to use the ignore option )... what I think now vs when I first got in is just astronomical. True, I also knew nothing when I started, and could see no reason to dispute claims doge could hit $1. Now I understand that market cap and number of coins minted mean it needs a cap of over $97 billion for each coin to be worth $1. I was green behind the ears too.
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arvindr
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January 20, 2015, 07:35:02 PM |
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go reddit for "price doesn't matter", read that hundred of times there during the crash they even say that at the last miami bitcoin conference (article on coindesk) I guess its to only avoid people from panicking and dumping their coins. I am sure everyone feels scared if the price goes down.
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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January 20, 2015, 07:35:47 PM |
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New topic: Wall Street Observer
like I said, they have been here since at least July last year (. Only announce now that positions are established. Kind of juicy irony in the "new level of transparency for bitcoin pricing" comment ... since they have likely been manipulating the crap out of the price for more than 6 months to get in cheap ... idiots who listened to the noise and sodl will haunt them for life.
regarding comment about Coinbase not benefiting directly from bitcoin price ... probably you don't know Fred E. or Brian A.
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tarmi
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Activity: 1232
Merit: 1011
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January 20, 2015, 07:36:30 PM |
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this is just hilarious to read "bitcoin experts" hahahahahahahaha I bow to you experts.
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BrewCrewFan
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January 20, 2015, 07:50:38 PM |
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Certainly not because bitcoin is undervalued jorge! You are hilarious.
Well, I find hilarious all those bitcoin experts who last May predicted 10'000 USD/BTC or more (way more) for Jan/2015. (And who now are saying that "the price does not matter, what matters is the technology".) You know, I am actually glad to be totally ignorant about bitcoin. I wonder if you could actually find some of these experts you find so hilarious. Can you or any of the trolls find at least two people who predicted $10K coins, who now say the price doesn't matter. And you have been around way to long to claim ignorance about Bitcoin, otherwise I would question your claims of being a highly educated person. Here's one ........ That way you won't have to be standing with your pants around your ankles in 12 months time when the price is at $10,000 ranting about why it has "no value" ...........
I bought bitcoin in 2013 because I thought it was an exciting phenomenon and I wanted to have a "horse in the race". I wanted to be in bitcoin - not in dollars because I thought it was an immensely powerful technology and had a bright future. I measure the success of my "judgement" in terms of adoption, proliferation of understanding, consolidation of the technology etc,
................
To the defense, it could just be someone green behind the ears when they first started and thinking it would be 10K by now. Myself, I have learned so much from this community ( more so on how to use the ignore option )... what I think now vs when I first got in is just astronomical. True, I also knew nothing when I started, and could see no reason to dispute claims doge could hit $1. Now I understand that market cap and number of coins minted mean it needs a cap of over $97 billion for each coin to be worth $1. I was green behind the ears too. Thankfully I knew enough then to avoid doge like the plague. I did buying and dumping doge though lol!
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