Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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October 21, 2015, 04:40:41 PM |
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volume is now irrelevant thanks to bot trading/china. did I hear cup and handle? probably will end up like the one in july: mucho pain for the bulls. If it doesn't go up it will go back to ranging. No fun for bears either. Wouldn't you like to put your space suit on?
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ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 21, 2015, 05:01:35 PM |
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ImI
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Activity: 1946
Merit: 1019
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October 21, 2015, 05:09:18 PM |
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Just something else I noticed on the chart Compare the volume levels of summer/fall 2013 to this year. Bitstamp was a low volume exchange back in summer/fall 2013. Gox was the highest volume exchange back then. Now Bitstamp is one of the highest volume exchanges for USD trades. That chart's not got enough valid cumulative data. You would need to get a cumulative volume chart for all exchanges to make any valid comparisons based on volume. ## and you would have to filter out chinese fake volume
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JayJuanGee
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Activity: 3864
Merit: 10953
Self-Custody is a right. Say no to"Non-custodial"
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October 21, 2015, 05:15:43 PM |
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party is over...two attempts to ~275$ failed. Bye bye bitcoin! Yeah.... haaaa hahahahahahahahahahahahahahaha Bitcoin is doomed because we have NOT reached $275 for nearly 2 months. Fuck, I'm selling everything.
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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October 21, 2015, 05:19:39 PM |
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JayJuanGee
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Activity: 3864
Merit: 10953
Self-Custody is a right. Say no to"Non-custodial"
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October 21, 2015, 05:19:50 PM |
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just saw 800 coins bought on bitfinex in 4 orders that werent shown in the orderbook. buys were for solid amounts, 100, 200, 200, 290... all filled at one exact price, no slippage at all...
very strange...
Yeah, I saw that too. Business transactions aren't being allowed to move the price at all. Small transactions from private individuals aren't enough to go "to the moon" as they say. When Karpeles moved the price he did it by manipulating 10's of thousands of btc at once. When are individuals ever going to do that? For better or worse, they need to allow the currently off book transactions to move the price. YOu are full of conspiracies today, including repeating, nearly at nauseum your Gox Bot myth.
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chennan
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Activity: 1316
Merit: 1004
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October 21, 2015, 05:20:58 PM |
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party is over...two attempts to ~275$ failed. Bye bye bitcoin! Yeah.... haaaa hahahahahahahahahahahahahahaha Bitcoin is doomed because we have NOT reached $275 for nearly 2 months. Fuck, I'm selling everything. We have to remember the fact that this seems to be a steady incline in the prices and not some huge pump toward the moon like back in 2013. Everyone on here is getting so antsy for some huge increase in a short matter of time... while they forget that a huge pump will ultimately see a huge dump.
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nioc
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Activity: 1624
Merit: 1008
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October 21, 2015, 05:33:08 PM |
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just saw 800 coins bought on bitfinex in 4 orders that werent shown in the orderbook. buys were for solid amounts, 100, 200, 200, 290... all filled at one exact price, no slippage at all...
very strange...
Yeah, I saw that too. Business transactions aren't being allowed to move the price at all. Small transactions from private individuals aren't enough to go "to the moon" as they say. When Karpeles moved the price he did it by manipulating 10's of thousands of btc at once. When are individuals ever going to do that? For better or worse, they need to allow the currently off book transactions to move the price. YOu are full of conspiracies today, including repeating, nearly at nauseum your Gox Bot myth. Gox bot myth? BTW you spelled bot as Bot.
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yolalanda
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Activity: 56
Merit: 0
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October 21, 2015, 05:44:29 PM |
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... Gox Bot myth.
Savvy investors agree: ... I'm NOT joking. I bought my first Bitcoin at that price - $1,201.35. Actually to be more specific, I bought it on November 29, 2013 through a person I met through local bitcoins. I bought in cash 1.2486 BTC for $1,500 USD.
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chennan
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Activity: 1316
Merit: 1004
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October 21, 2015, 05:51:19 PM |
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... Gox Bot myth.
Savvy investors agree: ... I'm NOT joking. I bought my first Bitcoin at that price - $1,201.35. Actually to be more specific, I bought it on November 29, 2013 through a person I met through local bitcoins. I bought in cash 1.2486 BTC for $1,500 USD. That would make anyone cringe now thinking back on it... but hopefully with more of the "bullish" news coming out that the Chinese government might make bitcoin less restricted over there, and the fact that the halving is coming next year; we'll see a steady increase from here on out. So hopefully JayJuanGee can make his money back if he hasn't already dumped his coins yet and holding on to them for better days ahead.
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ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 21, 2015, 06:01:51 PM |
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Blazin8888
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October 21, 2015, 06:08:55 PM |
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So excited to see this STRONG BTC price...SO MUCH OPPORTUNITY right now in this Cryptospace its UNREAL!
Gooo BTC!
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hdbuck
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Activity: 1260
Merit: 1002
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October 21, 2015, 06:09:59 PM |
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Blazin8888
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October 21, 2015, 06:14:10 PM |
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What is blockchain shares?
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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October 21, 2015, 06:19:34 PM |
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WillyBot would never have caused a bubble like the November 2013 spike on its own. China was primarily responsible for that pump. It's true that a mad rush for the exits from an exchange where only BTC withdrawals were possible caused buying, but only from those of us with fiat on the exchange. Nobody in their right mind was sending fiat to Gox when there were so many options for buying cheaper elsewhere.
Krapeles was buying BTC with fake money to keep the illusion of solvency going, but he wouldn't have had to do that if their wasn't a demand for BTC external to EmptyGox.
It was also China's government hostility towards Bitcoin that contributed to the crash as much as the Goxxing.
it was a double whammy up and down.
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tarmi
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Activity: 1232
Merit: 1011
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October 21, 2015, 06:23:10 PM Last edit: October 21, 2015, 06:40:14 PM by tarmi |
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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October 21, 2015, 06:30:18 PM |
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If I remember rightly that geezer was predicting an ETF 'soon' which has yet to happen. I guess he's properly connected though.
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tarmi
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Activity: 1232
Merit: 1011
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October 21, 2015, 06:30:49 PM |
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new chip from bitfury, probably.
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Meuh6879
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Activity: 1512
Merit: 1012
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October 21, 2015, 06:31:54 PM |
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