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Frozenlock
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May 11, 2013, 06:53:37 AM |
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We are going down!
It's funny how a $3 move can be exciting these days. Yeah, Bitcoin price is now officially boring.  |
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UltimateReaper
Newbie
 Offline
Activity: 56
Merit: 0
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May 11, 2013, 06:54:17 AM |
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We are going down!
I would love to post the "Let the Games Begin" gif with Bane but these days things are rather slow. |
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Frozenlock
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May 11, 2013, 06:57:09 AM |
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Can't even have a decent panic sell.
Bitcoin, you're not the same anymore...
Edit: Less than 2k BTC away from $119. Dat spread....
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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May 11, 2013, 07:00:09 AM |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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May 11, 2013, 07:56:47 AM |
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Around $115, I believe its a good entry point considering the coming hype of bitcoin conference next week.
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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May 11, 2013, 08:05:38 AM |
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Low volume sell off, people don't seem to be confident in selling. I'm still bullish for after this weekend.
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muyuu
Donator
Legendary
Offline
Activity: 980
Merit: 1000
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May 11, 2013, 09:56:23 AM |
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Friedcat will sell more than 50 blades now.
Chooooo choooo.
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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May 11, 2013, 10:29:44 AM |
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Around $115, I believe its a good entry point considering the coming hype of bitcoin conference next week.
The London conference seems to have created a slight updraft last year. The conference itself did not deliver. Buy the rumor, sell the news? |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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May 11, 2013, 10:56:36 AM |
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Moving up again.  |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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May 11, 2013, 11:10:21 AM |
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It is madness... no this is BITCOIN!!  |
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SAQ
Newbie
Offline
Activity: 56
Merit: 0
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May 11, 2013, 12:11:15 PM |
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Bid Sum is almost at all times high. Last time this happened we went to 160.
Have we left the racy moves behind and are now turtley going up, or will some tiny positive news ignite a rocket?
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1026
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May 11, 2013, 12:28:04 PM |
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Bid Sum is almost at all times high. Last time this happened we went to 160.
Have we left the racy moves behind and are now turtley going up, or will some tiny positive news ignite a rocket?
But ask sum is higher than last time. Still I think, we will go up.  |
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SlipperySlope
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May 11, 2013, 12:28:20 PM |
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Note the expected low weekend volume.
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SlipperySlope
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May 11, 2013, 12:36:42 PM |
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Bid Sum is almost at all times high. Last time this happened we went to 160.
Have we left the racy moves behind and are now turtley going up, or will some tiny positive news ignite a rocket?
But ask sum is higher than last time. Still I think, we will go up. The bid sum is interesting. According to the chart, the sum rapidly declined from a similar high point during the drop from $145 down to $80. It will take volume to consume the walls constituted by those bids. We are witnessing very low volume. |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 11, 2013, 01:02:41 PM |
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fitty
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May 11, 2013, 01:38:34 PM |
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The problem is, they're all at $40-$60-$80 hoping for cheap coins. As Goat has said, it's not until $125 where people will let go of the notion cheap coins are just around the corner. Once sub-$100 isn't likely in the short term, those people will buy back in and we should have a nice rally. But for now they're sitting on the sideline praying to whatever pagan God causes markets to crash.  Edit: And in a volatile market, periods of sideways action are generally considered bullish. While boring, it's good for the market and Bitcoin. Bid Sum is almost at all times high. Last time this happened we went to 160.
Have we left the racy moves behind and are now turtley going up, or will some tiny positive news ignite a rocket?
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fitty
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May 11, 2013, 01:51:05 PM |
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My fiat is not on Gox, and odds are if we go over $125 I won't buy back in. If I can get cheap coin I will. but i do agree with you over all. Once people see they can't get coins under 100 we might jump to test 160 again. but then again, we might see 80 soon But clearly there is lots of fiat on the order book, it's just in the "hoping for a crash" range. It doesn't help that all the people waiting for a crash are posting the bubble is about to burst, crash is coming, sell your btc. They fail to mention if it did drop, they'd buy it back up faster then you can blink. Shit I hope it crashes too. It's easy money. At the same time I'm not going to go around making charts trying to scare the fish. |
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fitty
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May 11, 2013, 01:55:34 PM |
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My fiat is not on Gox, and odds are if we go over $125 I won't buy back in. If I can get cheap coin I will. but i do agree with you over all. Once people see they can't get coins under 100 we might jump to test 160 again. but then again, we might see 80 soon But clearly there is lots of fiat on the order book, it's just in the "hoping for a crash" range. It doesn't help that all the people waiting for a crash are posting the bubble is about to burst, crash is coming, sell your btc. They fail to mention if it did drop, they'd buy it back up faster then you can blink. Shit I hope it crashes too. It's easy money. At the same time I'm not going to go around making charts trying to scare the fish. If you have to scare the fish, you are doing it wrong. The fish should just be doing what you want without them being aware  *lol* Truer words were never spoken. |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 11, 2013, 02:02:45 PM |
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Poll
