BrewMaster
Legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
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April 20, 2017, 05:13:56 PM |
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if i didn't already know about bitfinex's current situation, this rise would have been a great one. i mean $1318  $1326 now but right now i don't know whether to be happy or anxious! i wish there was a fast forward button to 6 months to see the $2000 without all the bullshit in the middle |
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BlindMayorBitcorn
Legendary
Activity: 1260
Merit: 1116
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April 20, 2017, 05:16:39 PM |
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I hope everybody is mentally prepared for some doom. Gravity is like a force of nature.
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bitserve
Legendary
Activity: 2072
Merit: 1772
Self made HODLER ✓
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April 20, 2017, 05:19:31 PM |
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$1320 on Finex  I'm a bit speechless now, this will not end up well. Great selling buying opportunity incomming  holy molly what's that like 8-9% > stamps price. maybe at 20% over, the risk / reward is good enough to start go selling on finex? I did just that in the last few days of MtGOX, when it had a BTC price of less than 100$ I transferred some FIAT which never even arrived in time to show on balance. Knew the risks, did the bet nevertheless, and lost it (as probabilistically expected). I did it for a 7:1 in case of winning. Would never do it for a 1.2:1.... but hey, it's your gamble!. |
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European Central Bank
Legendary
Activity: 1288
Merit: 1087
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April 20, 2017, 05:22:04 PM |
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not the greatest circumstances for an all time high. but i don't get the people who are saying all fiat is frozen. there are a bunch of places where it moves just fine.
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spooderman
Legendary
Activity: 1722
Merit: 1047
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April 20, 2017, 05:22:35 PM |
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This is some bad shit. Like an elastic band stretched to capacity, then released in the direction of your face.
A rational stamp would be dumping now though, not buying into the pretend rally?
That makes no sense.
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Denker
Legendary
Activity: 1442
Merit: 1016
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April 20, 2017, 05:23:33 PM |
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I hope everybody is mentally prepared for some doom. Gravity is like a force of nature.
Nope! I wouldn't call it doom. We will continue moving around the 1150 to 1250 for some while. So use these moves to make some money if you can. Can't be easier at the moment. |
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spooderman
Legendary
Activity: 1722
Merit: 1047
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April 20, 2017, 05:31:08 PM |
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WHY. ISN'T. STAMP. DUMPING???
This makes no sense.
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Paashaas
Legendary
Activity: 4007
Merit: 6147
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April 20, 2017, 05:31:58 PM |
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$1320 on Finex I'm a bit speechless now, this will not end up well. Great selling buying opportunity incomming holy molly what's that like 8-9% > stamps price. maybe at 20% over, the risk / reward is good enough to start go selling on finex? Dont use Finex untill the dust has cleared. You might have a better profit opportunity buying the dip, i dont know when that will happen. |
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york780
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April 20, 2017, 05:32:04 PM |
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WHY. ISN'T. STAMP. DUMPING???
This makes no sense.
Wait for it. |
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BrewMaster
Legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
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April 20, 2017, 05:38:53 PM |
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WHY. ISN'T. STAMP. DUMPING???
This makes no sense.
the bearwhale pockets has a bottom too, it is not endless. and after multiple days of dumping you either get bored or reach the end of your plans and need to start doing something different since now everybody sees the price difference between bitSTAMP and other places. |
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Okurkabinladin
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April 20, 2017, 05:57:06 PM |
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WHY. ISN'T. STAMP. DUMPING???
This makes no sense.
the bearwhale pockets has a bottom too, it is not endless. and after multiple days of dumping you either get bored or reach the end of your plans and need to start doing something different since now everybody sees the price difference between bitSTAMP and other places. It doesnt work that way, friend. Price can dip regardless of whale manipulation especially since keeping it that level consumes huge amounts of USD every day. Miners gonna eat too. Also vast majority of investors are neither bulls or bears, once the bull momentum fades - and there are signs of that already, you will get snowball effect. Finex is possibly going through insolvency and chinese are still paralyzed by their central bank. There is nobody in the entire market right now, who can replace both at the same time. Take your bet on what is going to happen. |
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becoin
Legendary
Activity: 3431
Merit: 1233
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April 20, 2017, 06:00:38 PM |
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I see a lot of people here that sold out their bitcoins and now they panic. This is excellent indicator where we go. Moon!
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tk3609
Member
Activity: 70
Merit: 10
Small trader
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April 20, 2017, 06:02:39 PM |
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It doesnt work that way, friend. Price can dip regardless of whale manipulation especially since keeping it that level consumes huge amounts of USD every day. Miners gonna eat too.
What if the price is rising because miners are not dumping, since they cant withdraw fiat? |
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LFC_Bitcoin
Diamond Hands
Legendary
Activity: 4256
Merit: 12796
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April 20, 2017, 06:10:38 PM |
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I see a lot of people here that sold out their bitcoins and now they panic. This is excellent indicator where we go. Moon!
I'm thinking the same, there seems to be a lot of people desperately trying to convince themselves that there will be a huge dump. Moon!  |
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Kramerc
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April 20, 2017, 06:11:24 PM |
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I see a lot of people here that sold out their bitcoins and now they panic. This is excellent indicator where we go. Moon!
I was reading the last few pages and been thinking exactly the same. People are desperately hoping for a dump. I don't mind one, but I find it unlikely. |
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york780
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April 20, 2017, 06:12:11 PM |
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I see a lot of people here that sold out their bitcoins and now they panic. This is excellent indicator where we go. Moon!
I'm thinking the same, there seems to be a lot of people desperately trying to convince themselves that there will be a huge dump. Moon! Always with the FOMO game. Dump will come. But lets enjoy this high price for a while. |
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bitserve
Legendary
Activity: 2072
Merit: 1772
Self made HODLER ✓
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April 20, 2017, 06:15:54 PM |
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It doesnt work that way, friend. Price can dip regardless of whale manipulation especially since keeping it that level consumes huge amounts of USD every day. Miners gonna eat too.
What if the price is rising because miners are not dumping, since they cant withdraw fiat? I think big mining pools sell OTC. Maybe some even sell on futures contract. |
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Kramerc
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April 20, 2017, 06:18:44 PM |
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I see a lot of people here that sold out their bitcoins and now they panic. This is excellent indicator where we go. Moon!
I'm thinking the same, there seems to be a lot of people desperately trying to convince themselves that there will be a huge dump. Moon! Always with the FOMO game. Dump will come. But lets enjoy this high price for a while. You must have never lived through fomo, if you think this is anything like it. I don't even raise an eyebrow when looking at the price, and I expect to be mother fucking amazed and in awe before the market turns. |
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tk3609
Member
Activity: 70
Merit: 10
Small trader
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April 20, 2017, 06:20:00 PM |
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It doesnt work that way, friend. Price can dip regardless of whale manipulation especially since keeping it that level consumes huge amounts of USD every day. Miners gonna eat too.
What if the price is rising because miners are not dumping, since they cant withdraw fiat? I think big mining pools sell OTC. Maybe some even sell on futures contract. How are they selling on futures contract if they need money for bills? |
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Coinnosaurus
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April 20, 2017, 06:24:43 PM |
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It doesnt work that way, friend. Price can dip regardless of whale manipulation especially since keeping it that level consumes huge amounts of USD every day. Miners gonna eat too.
What if the price is rising because miners are not dumping, since they cant withdraw fiat? this is impossible , look at lbc volume in the last 2 months https://coin.dance/volume/localbitcoins/CNY |
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