luckygenough56
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Activity: 1526
Merit: 1012
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July 12, 2015, 11:34:01 AM |
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China buying whatever you dare dump !
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Wexlike
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Activity: 1474
Merit: 1087
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July 12, 2015, 11:38:46 AM |
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So who really expects downward pressure?
if this shows any signs of weakens at this point I am short. This pump was leaded by LTC and will likely follow the pattern for my understanding... The squeeze potential is quiet big right now.. Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises. Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray. Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price  Well, this is not going to go up forever like this. That's not how markets behave. who said "forever"? we had a 1.5 year bear market and you start to criticise in the first month of an eventual bull market? just 150$ away from recent selloff-low? lol! i have seen bull runs in stock-markets that lasted DECADES. Posts like the one from Galix make you realize how many weak hands this market has, they will all sell at 650$ and miss out the biggest part of the rally. |
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Andre#
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July 12, 2015, 11:38:59 AM |
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Even Google Trends rallies.  |
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gentlemand
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Activity: 2604
Merit: 3090
Welt Am Draht
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July 12, 2015, 11:40:03 AM |
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Even BTC-e is pulled over the $300 threshold, kicking and screaming...  Someone should do their PhD on that site. It's not quite of this world. |
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TerraMaster
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July 12, 2015, 11:41:26 AM |
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Still no deal with Greece. Headlines read,,, Germany preparing for Greece exit from Eurozone. Debatable how much if any, this mess has attributed to BTC values.. but feel sure it is part of the equation.
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marcus_of_augustus
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Activity: 3920
Merit: 2350
Eadem mutata resurgo
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July 12, 2015, 11:41:34 AM |
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Greek talks have totally broken down and insiders are trading the only market that's open .... cryptos.
Chinese financial markets are going to be partially frozen over the next weeks, others will also be affected. This is shaping up to 1929 with the selling waves beginning early in the summer and building right through until october ... i.e. black tuesday
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cryptasm
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Activity: 997
Merit: 1002
Gamdom.com
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July 12, 2015, 11:51:58 AM |
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just a quick question...what news of greece would make the btc price go up or down? i heard they come with news about greece today |
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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July 12, 2015, 11:54:11 AM |
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Hmmmm.... This bag I am holding is filling up mighty quick. It's like it's magic or something.
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xxxxxzzzzz
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Activity: 72
Merit: 11
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July 12, 2015, 11:55:32 AM |
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Sitarow
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Activity: 1792
Merit: 1047
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July 12, 2015, 11:56:02 AM |
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ImI
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Activity: 1946
Merit: 1019
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July 12, 2015, 11:57:06 AM |
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just a quick question...what news of greece would make the btc price go up or down? i heard they come with news about greece today grexit = rise no grexit = no influence on btc |
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dakota neat
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July 12, 2015, 11:59:32 AM |
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buy. this is the epic turnaround that will end the bear market once and for all. you had your chance, don't cry later.
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TaurusBit
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Activity: 183
Merit: 100
TaurusBit.com Administrator
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July 12, 2015, 12:00:01 PM |
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 When will the FOMO start? Tomorrow fiat will hit exchanges, so maybe tomorrow? |
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GaliX
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July 12, 2015, 12:00:36 PM |
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Greek talks have totally broken down and insiders are trading the only market that's open .... cryptos.
Chinese financial markets are going to be partially frozen over the next weeks, others will also be affected. This is shaping up to 1929 with the selling waves beginning early in the summer and building right through until october ... i.e. black tuesday
I am really looking forward to the forex market open this evening. Going to be one of the most exiting weeks for all Forex traders I guess. |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 12, 2015, 12:01:36 PM |
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cryptasm
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Activity: 997
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Gamdom.com
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July 12, 2015, 12:03:04 PM |
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just a quick question...what news of greece would make the btc price go up or down? i heard they come with news about greece today grexit = rise no grexit = no influence on btc thx thats what I wanted to know=P |
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TerraMaster
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July 12, 2015, 12:03:13 PM |
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IF in fact Greece is out? and China's market stay basically froze. I expect we will see ripple effects on US markets.... certain broad sell offs, If so, what usually goes up when the stock market goes down? yep Gold and Bitcoin.... so we could be in for an exciting week see if any last minute deals are made with the Eurozone... not looking good this morning though. EDIT: also, oil dropping like a led balloon too. Ought to see lower gas prices. thats always a nice side effect. Higher BTC price-Lower fuel cost nice combination lol |
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yefi
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Activity: 2842
Merit: 1515
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July 12, 2015, 12:06:28 PM |
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No, it doesn’t. But I evolved sympatacy for a couple of permabulls here. So that soothes my pain a bit  Is that a pokemon? |
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Sitarow
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Activity: 1792
Merit: 1047
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July 12, 2015, 12:10:35 PM |
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