NamelessOne
Legendary
 Offline
Activity: 840
Merit: 1000
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May 02, 2013, 08:14:33 AM |
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it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area. |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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May 02, 2013, 08:19:56 AM |
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it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area. Hope it needs another one  |
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wonkytonky
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May 02, 2013, 08:20:13 AM |
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it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
thanks for this pushup.. the bigger my short shall be lol |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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May 02, 2013, 08:21:26 AM |
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it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area. The hype is OVER for the "time being". If one is not day-trading it is risky to enter NOW. |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 02, 2013, 08:29:05 AM |
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it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area. The hype is OVER for the "time being". If one is not day-trading it is risky to enter NOW. Bitcoin didn't have hyped after the crash in summer 2012, it just humbly moved along and slowly rose. Lack of hype doesn't have to be the end of everything. |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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May 02, 2013, 08:35:53 AM |
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it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area. The hype is OVER for the "time being". If one is not day-trading it is risky to enter NOW. Bitcoin didn't have hyped after the crash in summer 2012, it just humbly moved along and slowly rose. Lack of hype doesn't have to be the end of everything. I didn't say its the end but the 2012 crash lead to a slow long slide to $2, so expect a similar slide albeit at a higher bottom. BTW, Bid wall at 121 disappeared, clearly was an attempt to push the price by the same person pulling in 3.4k Here comes the slide down... |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 02, 2013, 08:37:45 AM |
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it will crash as quick as it climbed, bull trap! the situation is bearish, don't panic buy, just wait and see..
You can see on the charts that the price was coiling up in a triangle like pattern that broke to the upside. Perhaps the market simply needed a test of that 100ish area. The hype is OVER for the "time being". If one is not day-trading it is risky to enter NOW. Bitcoin didn't have hyped after the crash in summer 2012, it just humbly moved along and slowly rose. Lack of hype doesn't have to be the end of everything. I didn't say its the end but the 2012 crash lead to a slow long slide to $2, so expect a similar slide albeit at a higher bottom. BTW, Bid wall at 121 disappeared, clearly was an attempt to push the price by the same person pulling in 3.4k Here comes the slide down... Well, the 2011 crash lead to $2. The 2012 crash slowly hovered along sideways before gradually climbing over the months. |
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hmmmstrange
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May 02, 2013, 08:39:03 AM |
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here comes the lag
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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May 02, 2013, 08:42:26 AM |
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So does the order book have a set refresh rate? How often does the depth chart update?
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 02, 2013, 08:51:55 AM
Last edit: May 02, 2013, 09:47:24 AM by NamelessOne |
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As I said in the thread you linked all this means is people can't be tax dodgers with bitcoin in the eyes of the government. Is this really a suprise to anyone? |
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batcoin
Full Member
Offline
Activity: 238
Merit: 100
In Gord We Trust
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May 02, 2013, 08:55:11 AM |
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As I said in the thread you link all this means is people can't be tax dodgers with bitcoin in the eyes of the government. Is this really a suprrise to anyone? I would say yes about those with AnCap rose-colored Bitcoin glasses. |
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TiagoTiago
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May 02, 2013, 08:56:07 AM |
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Anyone else having trouble logging into Gox right now or is it just me? (going to bed right now, hopefully things will be back to normal when i wake up)
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 02, 2013, 08:58:02 AM |
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As I said in the thread you link all this means is people can't be tax dodgers with bitcoin in the eyes of the government. Is this really a suprrise to anyone? I would say yes about those with AnCap rose-colored Bitcoin glasses. I suppose you are right! That is just lala land crazyness thinking in my eyes, haha.  |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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May 02, 2013, 09:56:13 AM |
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This person/bot that keeps putting up 250-400btc around 122.50 is getting annoying, let it climb a bit and sell your coins for more... 124...126...  |
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BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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May 02, 2013, 10:07:58 AM |
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Oh look, the price has recovered... again.... after the "crash for no reason".
When will people learn?
If people are willing to pay a premium for their BTC, make them pay FFS. Stop giving them away for cheap!
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trepper
Member
Offline
Activity: 89
Merit: 12
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May 02, 2013, 10:12:50 AM |
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Oh look, the price has recovered... again.... after the "crash for no reason".
When will people learn?
If people are willing to pay a premium for their BTC, make them pay FFS. Stop giving them away for cheap!
You have a strange notion of recovery |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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May 02, 2013, 10:17:56 AM |
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Oh look, the price has recovered... again.... after the "crash for no reason".
When will people learn?
If people are willing to pay a premium for their BTC, make them pay FFS. Stop giving them away for cheap!
You have a strange notion of recovery Bulls clinching on false hope of recovery..i'm afraid it is the start of a downtrend slope with bouncing. |
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el_rlee
Legendary
Offline
Activity: 1600
Merit: 1014
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May 02, 2013, 10:44:22 AM |
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yanks selling off again?
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ManBearPig
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May 02, 2013, 10:53:08 AM |
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This may not mean anything.  |
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