JayJuanGee
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Merit: 10766
Self-Custody is a right. Say no to"Non-custodial"
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June 05, 2016, 10:31:29 PM |
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The market is behaving funny. It's as if someone is trying to corner in O.k. I will bite. What is "corner in"? Is that another way of saying manipulation? Or is that a way of saying inability to get passed resistance? We already realize that sometimes consolidation involves an attempt at a kind of holding pattern until such point that it cannot be held in the consolidation range. That's no kind of new phenomenon. https://en.wikipedia.org/wiki/Cornering_the_marketSomeone is digging their feet in? Playing both sides of the market to keep the price in a certain range? O.k. thanks for that explanation.. Hey DaRude. What's an overview of your personal bitcoin related story? Did you start buying bitcoins around the time of your registration in March 2013? What kind of view did you hold? Did your thinking evolve over the past few years? Did you own any bitcoin's during either or both of the 2013 price surges?
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Ted E. Bare
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June 05, 2016, 10:35:55 PM |
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Bitcoin Block Reward Halving Countdown: Only 35 more days!
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Assmaster2000
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Merit: 10
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June 05, 2016, 10:48:19 PM |
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Bitcoin Block Reward Halving Countdown: Only 35 more days!
And when the price falls on that magical day...
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yefi
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Activity: 2842
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June 05, 2016, 10:55:02 PM |
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I am not calling any tops here or even a new bear trend. You can't predict the future anyway. If it would be crystal clear that we would go to 1200$ we would already be there and not get resistance below 600$. You also have to keep in mind that the last moon was with much less coins in circulation. Also there was almost no leverage trading or short trading. This will definitely make a giant move like back then less likely. Not Impossible ofc...
So the theory goes. Not really sure I believe in the moderating power of those instruments in practice though. Coins in circulation then was about 12 million, so there are 30% more today. If we count say 2 million as being unspendable, then there's maybe 50-60% more today, not a great deal.
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DaRude
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Activity: 2877
Merit: 1859
In order to dump coins one must have coins
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June 05, 2016, 11:17:17 PM |
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The market is behaving funny. It's as if someone is trying to corner in O.k. I will bite. What is "corner in"? Is that another way of saying manipulation? Or is that a way of saying inability to get passed resistance? We already realize that sometimes consolidation involves an attempt at a kind of holding pattern until such point that it cannot be held in the consolidation range. That's no kind of new phenomenon. https://en.wikipedia.org/wiki/Cornering_the_marketSomeone is digging their feet in? Playing both sides of the market to keep the price in a certain range? O.k. thanks for that explanation.. Hey DaRude. What's an overview of your personal bitcoin related story? Did you start buying bitcoins around the time of your registration in March 2013? What kind of view did you hold? Did your thinking evolve over the past few years? Did you own any bitcoin's during either or both of the 2013 price surges? No, started buying before that sometime in 2012. Hodled and accumulated since then through all the bubbles, gox, BTC26k bearwhale etc... Was inspired by user Loaded As far as view, kind of surprised that the price is where it's at now. I do see it as a binary outcome, it clearly hasn't reached its critical mass, but yet not gone under even with BTC3600 daily supply. Almost lost faith when adoption slowed down and we were trading in $240 range, but hodled through it and now think outlook looks as bright as ever, and gets brighter every day. Buy some BTC and forget about it for 6months, market is way too thin and easily moved to pretend you can trade the patterns
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Assmaster2000
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Activity: 84
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June 05, 2016, 11:31:55 PM |
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What bitcoiners tell each other every day, while posting on bitcointalk trading sub: Buy some BTC and forget about it for 6months.
Honest, heartfelt advice, clearly
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TReano
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June 05, 2016, 11:37:20 PM |
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Bitcoin Block Reward Halving Countdown: Only 35 more days!
I don't think it will matter much... If anything it well be sell the "news" .. If you can call it news at all since everybody knows about it for years.
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r0ach
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Activity: 1260
Merit: 1000
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June 05, 2016, 11:38:31 PM |
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Bitcoin Block Reward Halving Countdown: Only 35 more days!
I don't think it will matter much... If anything it well be sell the "news" .. If you can call it news at all since everybody knows about it for years. The halving isn't a "news" you fools, it's a fundamental that changes cost of production.
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Assmaster2000
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June 05, 2016, 11:42:52 PM |
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The halving isn't a "news" you fools
The cost of production has no effect on the ever-increasing supply, you fools!
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DaRude
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Activity: 2877
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In order to dump coins one must have coins
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June 05, 2016, 11:46:00 PM |
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Bitcoin Block Reward Halving Countdown: Only 35 more days!
I don't think it will matter much... If anything it well be sell the "news" .. If you can call it news at all since everybody knows about it for years. It should generate a lot of buzz and coverage, on the other hand finex's longs are at $32.5MM (although how much of that is in etherpoop is unknown?) while shorts are pretty modest. Think we should see some swings next 2-3months on speculation and then true effects should be start settle in after that. Lambie can you post that Wile E Coyote gif and add $580 to it? We need a target
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Assmaster2000
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June 05, 2016, 11:53:56 PM Last edit: June 06, 2016, 12:09:24 AM by Assmaster2000 |
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It should generate a lot of buzz and coverage
~teletype noises~ Reuters New Your; Reuters London; Reuters Tokyo:
Long-anticipated Bitcoin block reward halvening actually happens. Amazeballs!
Also in the news: Crowds around the world shit themselves as the sun rises, right on time, in the morning.> can you post that Wile E Coyote gif and add $580 to it No prob. Tomorrow (not that you'll see it, because you buy & forget about bitcoin for 6 months, amirite?)
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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June 06, 2016, 12:14:31 AM |
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What price were we at when all that mysterious geezer porn started to appear? Everybody else remember that guys face?
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nioc
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Activity: 1624
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June 06, 2016, 12:24:50 AM |
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BMB, no.
In other news;
8:23 AM Monday, June 6, 2016 (GMT+8) Time in Shanghai, China
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gentlemand
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Welt Am Draht
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June 06, 2016, 12:30:27 AM |
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What price were we at when all that mysterious geezer porn started to appear? Everybody else remember that guys face? Yes. Because it is MY FACE. Multiple parts of me swell with pride knowing that the readers here have enjoyed my presence.
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Versatile13
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June 06, 2016, 12:32:45 AM |
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Nobody knows what will happen with the halving so let's stop speculations, up or down I'll HODL both way.
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nioc
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June 06, 2016, 12:37:44 AM |
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Nobody knows what will happen with the halving so let's stop speculations, up or down I'll HODL both way.
Really? Bitcoin Forum > Economy > Economics > Speculation
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ImI
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Activity: 1946
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June 06, 2016, 12:41:48 AM |
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Nobody knows what will happen with the halving so let's stop speculations, up or down I'll HODL both way.
Really? Bitcoin Forum > Economy > Economics > Speculation
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BlindMayorBitcorn
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June 06, 2016, 12:47:57 AM |
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During these last decades, interest in professional fasting geezer porn speculation boards has markedly diminished. It used to pay very well to stage such speculations, out in the open air. But this is no longer the case. We live in a different world now.
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nioc
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June 06, 2016, 12:52:42 AM |
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All life is change.
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BlindMayorBitcorn
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June 06, 2016, 12:54:26 AM |
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I have no problem with gambling ...
All life is change.
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