luckygenough56
Legendary
 Offline
Activity: 1526
Merit: 1012
|
 |
April 25, 2015, 11:46:51 PM |
|
Quite a huge amount of bids at $225, I guess some people are eager to grab some coins and hope for a dump into their wall. Why isn't the price crashing already? I really would have expected it to go down massively after returning to these levels...
, Failure to get above the 30d MA line during the last two rallies is a pretty good indication that the downtrend from $300 still has steam left and will probably test the 78.6 fib level. That's the lowest Fibonacci point, the "line in the sand" if you will. If we break it, watch out. Volume is low as the trading range from January to now is working itself out to completion (to be expected), so it wouldn't be difficult to achieve some panic. To start the bull engine we either need more demand or liquidate until fewer people hold a larger amount of coins (bought from panic sellers) to reduce supply. A final big shakeout of early adopters and miners below $200 would clear the way for a big bull move. yeah shake that bottom that's right babe |
|
|
|
|
|
|
|
|
|
"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
April 25, 2015, 11:58:12 PM |
|
|
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
April 26, 2015, 12:58:15 AM |
|
|
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
April 26, 2015, 01:05:55 AM |
|
 Bye bye, 1400..  |
|
|
|
|
|
ensurance982
|
|
April 26, 2015, 01:11:15 AM |
|
Second dumping attempt seems to be even weaker than the first one. Wouldn't surprise me if this brings us back up to $228 if the dump fails. This downtrend should really be faster in my opinion. Also, there's quite a wall at $225 on Finex that waits to be eaten by some hungry bear  |
|
|
|
|
stopthe_bomb
Newbie
Offline
Activity: 50
Merit: 0
|
|
April 26, 2015, 01:12:56 AM |
|
sooooo are we going to keep going down?
|
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
April 26, 2015, 01:15:12 AM |
|
Second dumping attempt seems to be even weaker than the first one. Wouldn't surprise me if this brings us back up to $228 if the dump fails. This downtrend should really be faster in my opinion. Also, there's quite a wall at $225 on Finex that waits to be eaten by some hungry bear Yeah this is really weak. About 250btc of the 1k bidwall on BFX eaten, but... OKCoin is leading the drop, but they seemed to just sorta give up? I feel like this can't possibly be it, but all it takes is one bull to end this push (for now) |
|
|
|
|
abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
|
|
April 26, 2015, 01:15:39 AM |
|
Market sentiment...  |
|
|
|
|
|
fonzie
|
|
April 26, 2015, 01:21:15 AM |
|
sooooo are we going to keep going down?
YES Win-Win situatuin for both groups , bears make money through shorting ,and bulls are celebrating and screaming out of joy like there is no tomorrow coz "cheap coins". Woohooo |
|
|
|
|
|
GreekGeek
|
|
April 26, 2015, 01:22:45 AM |
|
its really funny, I decided to buy 2k worth of coins on thursday and bam price goes down 12 dollars already =[
your timing seems to be OK please let us know when you are about to sell  |
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
April 26, 2015, 01:37:36 AM |
|
Thar she blows..  |
|
|
|
|
empowering
Legendary
Offline
Activity: 1078
Merit: 1441
|
|
April 26, 2015, 01:40:39 AM |
|
My doooooooooooooom boner just twitched a little... I admit it.
Come on..... Do not tease me.
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
April 26, 2015, 01:41:26 AM |
|
holy shit its time to panic now isnt it, i can feel it, panic sell NOW!!!!
|
|
|
|
|
coinableS
Legendary
Offline
Activity: 1442
Merit: 1179
|
|
April 26, 2015, 01:42:10 AM |
|
Wow look at that fall... Finex is going sub $220 soon!
|
|
|
|
|
empowering
Legendary
Offline
Activity: 1078
Merit: 1441
|
|
April 26, 2015, 01:42:16 AM |
|
Keeeeeeep going you slag.
|
|
|
|
|
|
Ivanhoe
|
|
April 26, 2015, 01:43:23 AM |
|
Evacuate the dance floor.
|
|
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
April 26, 2015, 01:43:49 AM |
|
This has to be news related. Huobi is going nuts now, too. Something bad about bitcoin and china probably.. right??
On the other hand, Finex appears to be totally out of ammo.
|
|
|
|
|
empowering
Legendary
Offline
Activity: 1078
Merit: 1441
|
|
April 26, 2015, 01:45:45 AM |
|
Come on....let's see who blinks first....
Kill it, kill it dead, or take my shaft to the hilt.
Come on you slags , this bs has just woken me up, from rather nice slumber, I am not fucking amused.
This had best be doooooooooooooom or else
|
|
|
|
|
|
JorgeStolfi
|
|
April 26, 2015, 01:45:50 AM |
|
God The Mod told me to stick to wall watching, so I watch OKCoin and see a huge 1300 BTC wall at 1390 yuan, fine, but then I blink and the wall is gone and the price is down to 1380 1370 1360. What silly kind of hobby is this?
(And on Bitstamp they are back to "buy one Beast of Apocalypse, get two more for free", I see.)
|
|
|
|
|
|
|
|
Poll
