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meowmeowbrowncow
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May 10, 2013, 12:22:25 AM |
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A stable sine wave of about 20USD of amplitude and about 15 minutes of wavelength for a few days would be nice...
The Bitcoin market is more polar. i.e.  Wolfram Alpha isn't being cooperative, what does that looks like? Depending on the frequency of steps in the polar graph. I've mastered Bitcoin trading with this pattern.....   |
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Coinseeker
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May 10, 2013, 12:26:19 AM |
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I don't see stability in the market, I see fear. This is going to get real ugly soon. It could go up or down obviously but all indicators I see support a huge drop. As those who are hoping for stability become more complacent, the shock of a big drop will only magnify their panic selling. The longer this entrenched position lasts, the more severe the drop will be.
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yakka
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Activity: 13
Merit: 0
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May 10, 2013, 12:29:18 AM |
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This stability is scaring me...  Quiet before the storm. Something bigs gonna happen. I think if i sell 1 btc now for 112$, i can buy 112btc on sunday. Edited: I think if i sell 1 btc now for 105$, i can buy 105btc on sunday. Thanks for the edit but you had already gone full retard no need to double down. Please be educated, nobody asked about your family problems. Thanks |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 10, 2013, 12:30:18 AM |
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I send someone a physical bitcoin in the mail, and he said that the letter got there but it had been cut open and there was nothing inside! the mail man stole his bitcoin!  good think i send them out with 0BTC value on them... |
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fourkey2001
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Activity: 42
Merit: 0
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May 10, 2013, 12:31:53 AM |
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This is jsut a waste of time - BTC!!
There is no movement. I am selling and moving on to silver or other currency!
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 10, 2013, 12:35:08 AM |
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This is jsut a waste of time - BTC!!
There is no movement. I am selling and moving on to silver or other currency!
i'm picking up some my first few Oz of silver at 18.50 |
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fourkey2001
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Activity: 42
Merit: 0
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May 10, 2013, 12:35:55 AM |
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This is jsut a waste of time - BTC!!
There is no movement. I am selling and moving on to silver or other currency!
i'm picking up some my first few Oz of silver at 18.50 I thought it is at 24.50 something? |
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Le Happy Merchant
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May 10, 2013, 12:40:50 AM |
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all indicators I see support a huge drop.
Willingly being blind doesn't mean the market is too. |
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Coinseeker
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May 10, 2013, 12:45:49 AM |
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Willingly being blind doesn't mean the market is too.
Agreed! The fall is coming regardless. Just my speculations of course but some people are about to lose a fortune. Only time will tell. I'm good either way. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 10, 2013, 12:47:31 AM |
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This is jsut a waste of time - BTC!!
There is no movement. I am selling and moving on to silver or other currency!
i'm picking up some my first few Oz of silver at 18.50 I thought it is at 24.50 something? i'll buy in a few months. |
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lewicki
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May 10, 2013, 12:50:27 AM |
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1k wall just pulled off at around 110. Depth to 100 was at 32k an hour ago. It's now sitting at 30.5. asks were at ~31k to 125, now sitting at 36k. Getting a little top heavy I think.
EDIT: bids at 30k now
EDIT: 29.9k @ 100 / 36.5k @ 125
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cilphex
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May 10, 2013, 12:54:21 AM |
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Sorry everyone, I'm late to the party. Is there a theory on why the price has been so stable?
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BitPirate
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Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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May 10, 2013, 12:56:36 AM |
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Bunch of negativity in the Wall observer thread = time to buy.
But then, it's (usually) always time to buy...
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ineededausername
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May 10, 2013, 01:01:19 AM |
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1k wall just pulled off at around 110. Depth to 100 was at 32k an hour ago. It's now sitting at 30.5. asks were at ~31k to 125, now sitting at 36k. Getting a little top heavy I think.
EDIT: bids at 30k now
EDIT: 29.9k @ 100 / 36.5k @ 125
Oh no, a massive 1k BTC wall pulled, sell... |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 10, 2013, 01:01:50 AM |
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Sorry everyone, I'm late to the party. Is there a theory on why the price has been so stable?
we are all waiting for a dump. we know that somewhere out there, there's a bitcoiner that needs the money, everyone is just waiting to capitalize on his miss fortune... its a sick sad world.  |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 10, 2013, 01:02:18 AM |
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Quantum_Negatum
Member
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Activity: 84
Merit: 10
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May 10, 2013, 01:02:53 AM |
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It's not just the low volume that scares me. This coincided with Gox restricting and/or disabling bots. It appears that not only do the bots move walls to control the price, but they are also responsible for most of the volume.
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UltimateReaper
Newbie
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Activity: 56
Merit: 0
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May 10, 2013, 01:04:36 AM |
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Sorry everyone, I'm late to the party. Is there a theory on why the price has been so stable?
The volume has flat lined. movement is kill. ghost town. I imagine though that this little bugger is going to wake up eventually. I'm still thinking downtrend. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 10, 2013, 01:05:23 AM |
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It's not just the low volume that scares me. This coincided with Gox restricting and/or disabling bots. It appears that not only do the bots move walls to control the price, but they are also responsible for most of the volume.
link? |
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