damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 26, 2015, 03:40:06 PM |
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I think last night's pump was simply caused by some people buying based on the Coinbase news, expecting it to cause a bull run, without realising that everyone else already knew about it ages ago, so the price was already factored in. Now the price is simply correcting itself back to yesterday's price c.250.
yeah around there 245-255 |
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NotLambchop
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January 26, 2015, 03:41:29 PM |
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They didn't win, Bitcoiners!They might be laughing at you now. Sure, you sold your libertardian ideals for a chance at a quick buck. Sure, you whored out your Bitcoin Revolution to the banksters & she didn't get paid. Sure, she didn't even get cab fare home, but you... Someday. Someday you'll make them PAY! 
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JorgeStolfi
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January 26, 2015, 03:42:44 PM |
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Does that number apply to each and every customer's funds separately or to the funds in general? 250k in general would be quite a rip-off, but 250k per customer is a nice starting point. Maybe not enough for Wall Street, but still a good thing!
FDIC covers 250k per depositor or user. Sure, but is the "depositor" Coinbase, or each individual Coinbase customer? Sorry to insist, but if the deposits of customers at Coinbase were insured by the FDIC, they would say so. |
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dreamspark
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January 26, 2015, 03:42:55 PM |
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A lot of this action is based on Chinas margin calls, its going mad.
Expect a decent bounce again.
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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January 26, 2015, 03:42:58 PM |
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NotHatinJustTrollin
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Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 26, 2015, 03:43:03 PM |
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You had a good run, but now it's over, now it's time for the beartrolls again, sorry  We'll try to be gentle lol |
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Bassica
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January 26, 2015, 03:44:47 PM |
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BUY BUY BUY BUY BUUUUYYYY !  this is the best price this week. 30% roi when sold at 350 |
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akujin
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January 26, 2015, 03:45:44 PM |
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lol going back to earth |
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Newar
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Activity: 1358
Merit: 1001
https://gliph.me/hUF
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January 26, 2015, 03:46:52 PM |
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Ah, shifting the goal posts. Nice.
How do they work differently? Both have to hop through the same regulatory hoops.
Does kraken currently have over 1 million unique users that can use the exchange? Does kraken have FDIC insurance on usd balances? Does Kraken currently have 0 fees? Like I said this was about location. How many of those 1 million have traded on coinbase the last two months? According to the post above only coins in the hot wallet are insured. Don't think so. Currently not, but then neither will coinbase in a few months. |
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ivyleague1985
Newbie
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Activity: 56
Merit: 0
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January 26, 2015, 03:48:38 PM |
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This week will be fruitful to all bitcoin traders.
We will pull back a bit to $266 (a major support level seen before) to digest the sharp growth yesterday. And then we will stand firmly above $300 in the mid-week. We will finally touch $350 by the end of the week.
The waves we saw so far are impulsive than corrective. If you do wave counting, you will see it is far away from the ending phase. So buy on the dip and ride the winner.
BTW, don't touch litecoin, coz it is dying and it is just taking a free ride from bitcoin. Bitcoin is at the edge of mainstream acceptance, and it will enjoy this huge first comer advantage and wipe out the alt coins.
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Totenkofen
Newbie
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Activity: 13
Merit: 0
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January 26, 2015, 03:49:09 PM |
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WTF is this dumping crap
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Bassica
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January 26, 2015, 03:49:57 PM |
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Hope you guys listened. 265 it was.
Now who's ready for them 3 fiddy coins??
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TankHankerous
Jr. Member
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Activity: 55
Merit: 1
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January 26, 2015, 03:50:17 PM |
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If it hits below 249 I'm buying back in where I sold off
Curse my weak hands crypto gods i won't be shaken again
forgive me
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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January 26, 2015, 03:50:58 PM |
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^ Juniors these days ...
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 26, 2015, 03:51:37 PM |
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That was a nice trap (for simpletons only) but now it's time for 50 dollars.
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NotHatinJustTrollin
Full Member
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Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 26, 2015, 03:53:15 PM |
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I'm gonna spell it out for you guys:
Coinbase news was a pump&dump, exactly like the LTC on Huobi pump and all the other countless attempts to dump higher!
Insiders buy before anyone knows anything, all the other people buy at the announcement and at the countdown. Smart traders dump as soon as the site is online!
It's not difficult to understand! It's always the same thing.
Good thing coinbase is bringing regulation to BTC right? LOOOOOOOOL
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inca
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Activity: 1176
Merit: 1000
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January 26, 2015, 03:53:35 PM |
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Let's see where we bounce.
Keep posting pictures of a correction after a nearly 100% gain in price in a week NLC. You come across more desperate each time the price jumps up.
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ivyleague1985
Newbie
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Activity: 56
Merit: 0
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January 26, 2015, 03:53:57 PM |
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If it hits below 249 I'm buying back in where I sold off
Curse my weak hands crypto gods i won't be shaken again
forgive me
Not only you sold, many coins purchased at sub $200 prices were switched hands over the past two days. Now the average holding cost moved up from around $200 (last week) to around $250 (this week). |
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LFC_Bitcoin
Legendary
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Activity: 3570
Merit: 9763
#1 VIP Crypto Casino
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January 26, 2015, 03:55:01 PM |
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Coward small profit dumpers.
Where's your ambition?
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