Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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June 22, 2016, 04:34:27 PM |
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Wow, this is impressive
My guess is we'll go lower still so crypto is done?  If you call a good buying opportunity 'done', then yes  |
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savetherainforest
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June 22, 2016, 04:35:23 PM |
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For the love of God ... WTF did I just saw in China??? ... For a second there... no one was placing buy orders!!!  The belly of the Dragon is full... Moon is coming!!! What, you mean this?  Nothing to worry about. Natural, organic correction which inevitably, every.fucking.time, follows natural, organic increase in utility and mass adoption  Someone was dumping like crazy ... I saw like 3 consecutive dumps where every ask of 1000-1500 per total was just eaten. And another was appearing! Someone is giving charity or does not like BTCitcoin very much. I suspect China just thrown an unlimited fund supply of cash to the exchanges.  "The Dragon" being like : Feed Me!!! |
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RGR991
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Activity: 99
Merit: 10
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June 22, 2016, 04:39:11 PM |
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liquidations and its BULLISH overall, Finex still has an absurd number of leveraged bulls, we need them to close out before the price can run again. its getting tiring having to trade BTC so heavily to hedge off these constant falls.  |
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MySecondCunt
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Activity: 42
Merit: 0
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June 22, 2016, 04:40:02 PM |
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No, Gentlemen, please! I beg you, no applause. [...]
Because fundamentals. The implosion is not a question of if, but when.
That said, we might see a bit of an upblip today, but down below current price within 48hrs.
Did I say possible upblip? Is it too late to retract that piece of irrational optimism? I suspect China just thrown an unlimited fund supply of cash to the exchanges.
Probably. I hear they print that out of thin air over in China. |
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aztecminer
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Activity: 1092
Merit: 1000
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June 22, 2016, 04:47:40 PM |
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Crap, we be bleedin' mightily here.
This is tough to watch if your holdin'.
how far u think we going down ?? |
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Gyrsur
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Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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June 22, 2016, 04:49:51 PM |
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Crap, we be bleedin' mightily here.
This is tough to watch if your holdin'.
how far u think we going down ?? double digits at least! |
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strawbs
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Activity: 875
Merit: 1362
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June 22, 2016, 04:51:29 PM |
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4000 CNY about to be tested
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podyx
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Activity: 2338
Merit: 1035
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June 22, 2016, 04:54:39 PM |
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Ya'll think 4k will hold?
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SnokkomBTC
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June 22, 2016, 04:55:39 PM |
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Ya'll think 4k will hold?
Don't think so |
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savetherainforest
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June 22, 2016, 04:56:52 PM |
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Ya'll think 4k will hold?
I think they will let it go down as far as much as no one has anything to dump at a higher price. So what is cheap and good is good!*Edit: They should know the coins they sell, they are lost 4ever!!! Cuz China ain't giving sh!t back! At least for less than 10.000$ or something like that. |
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strawbs
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Activity: 875
Merit: 1362
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June 22, 2016, 04:57:49 PM |
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Ya'll think 4k will hold?
Don't think so No chance |
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0rganic
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Activity: 119
Merit: 10
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June 22, 2016, 05:01:20 PM |
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Ya'll think 4k will hold?
Don't think so No chance They're running out of coins, hrmmm... I smell popcorn! |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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June 22, 2016, 05:04:41 PM |
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The only reason it's going down now is because I just learned that instead of being able to buy btc I instead have to spend several thousand on my teeth. Wait, do we really need teeth? Women seem to like them so I guess we need them.
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savetherainforest
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June 22, 2016, 05:10:57 PM |
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Ya'll think 4k will hold?
Don't think so No chance They're running out of coins, hrmmm... I smell popcorn!I think China is buying since September 2015 without stopping and not selling back. They might have between 5 million and 10 million coins. If they pump them to 10.000$ - 20.000$ per coin... that means they make a hefty amount out of their investment 20x or 40x ... I guess a few hundred billion $ ... I guess enough could force other countries to buy in to the pumping! |
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Riddikulo
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June 22, 2016, 05:16:14 PM |
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Why is this happening? The halving is only 2 weeks away :S
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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June 22, 2016, 05:16:32 PM |
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Ted E. Bare
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June 22, 2016, 05:18:47 PM |
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The only reason it's going down now is because I just learned that instead of being able to buy btc I instead have to spend several thousand on my teeth. Wait, do we really need teeth? Women seem to like them so I guess we need them.
Hold your coins. Buy brand new teeth in the year 2021. You can choose for the most expensive teeth by then. |
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DaRude
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Activity: 3138
Merit: 2007
In order to dump coins one must have coins
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June 22, 2016, 05:22:03 PM |
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Ya'll think 4k will hold?
Don't think so No chance I think it should hold. West is starting to lead. Bid order books looks ok to $600. But can never rule out flash crashes and long squeezes short term |
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European Central Bank
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Activity: 1288
Merit: 1087
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June 22, 2016, 05:28:43 PM |
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I see a bunch of technical analysis having predicted this, but did they predict the Bitfinex thing? Where does the line between TA and self fulfilling prophecy meet or is it rude to ask this question?
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Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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June 22, 2016, 05:37:35 PM |
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I see a bunch of technical analysis having predicted this, but did they predict the Bitfinex thing? Where does the line between TA and self fulfilling prophecy meet or is it rude to ask this question?
If the market was very bullish, the bitfinex hickup would be forgotten within an hour, and would not have had an impact on the price. |
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