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Coinseeker
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May 16, 2013, 11:34:45 PM |
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There's a correction coming. Doubt we'll break through 120.
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adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 16, 2013, 11:44:35 PM |
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you see that!
buy now or forever hold worthless mtgox fiat coupons
All I can think of is how FullTilt, as they were having their accounts seized, kept on stating "don't worry your money is safe". No comments from mtgox on how much was seized is worrisome to say the least. I hope that they have the funds and or the backing to make all cash deposits whole. Do we know if mtgox has the funds in segregated accounts in a jurisdiction of which the US government cant touch?LOL, ya, bitcoin put that in your pipe and smoke it! |
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Ivanhoe
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May 16, 2013, 11:45:23 PM |
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2408 @ 118, bye bye wall.
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Ultraviolet
Member
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Activity: 84
Merit: 10
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May 16, 2013, 11:46:42 PM |
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All I can think of is how FullTilt, as they were having their accounts seized, kept on stating "don't worry your money is safe". No comments from mtgox on how much was seized is worrisome to say the least. I hope that they have the funds and or the backing to make all cash deposits whole. Do we know if mtgox has the funds in segregated accounts in a jurisdiction of which the US government cant touch?
When the DOJ seized FTP and Stars it happened suddenly, all at once. That's why the event is called "Black Friday". There wasn't any telegraph in advance. Once the DOJ unsealed their case and obtained their warrants for seizure they simply collected everything of FTP's and left the building. The fact that DHS only went after Gox's Dwolla account is very good in regards to there not being a total catastrophe. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 16, 2013, 11:47:01 PM |
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resistance becomes support, 1K+ bid wall @ 118  |
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Ultraviolet
Member
Offline
Activity: 84
Merit: 10
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May 16, 2013, 11:48:02 PM |
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Real question is when we test 125, which failed 3 times when the market was more bullish 1.5-2 weeks ago, will we break through?
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fitty
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May 16, 2013, 11:49:43 PM |
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resistance becomes support, 1K+ bid wall @ 118 Gotta love Bulls. The kind of guys you wanna hang out and drink with. Bears however... |
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Chainsaw
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May 16, 2013, 11:50:00 PM |
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Real question is when we test 125, which failed 3 times when the market was more bullish 1.5-2 weeks ago, will we break through?
The lack-of-crash from the Gox fiasco, alongside Peter Thiel, WebMoney, and the Bitcoin Conference lead me to think the answer is yes. |
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michaelGedi
Sr. Member
Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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May 16, 2013, 11:53:33 PM |
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the question is whether it's worth buying more on bitstamp with such massive ask walls...
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Coinseeker
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May 16, 2013, 11:54:44 PM |
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There's a correction coming. Doubt we'll break through 120.
CoinseekerServing factless FUD-burgers since April 28, 2013!We'll see shortly won't we.  |
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01BTC10
VIP
Hero Member
Offline
Activity: 756
Merit: 503
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May 16, 2013, 11:55:02 PM |
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The general bitcoiner sentiment over the last weeks reminds me bipolar disorder.
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michaelGedi
Sr. Member
Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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May 16, 2013, 11:58:08 PM |
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The general bitcoiner sentiment over the last weeks reminds me bipolar disorder.
100% |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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May 17, 2013, 12:01:47 AM |
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the question is whether it's worth buying more on bitstamp with such massive ask walls...
Yeah lots of coins from Gox there it seems. I personally think it's worth buying, those coins won't stay there forever and once all former US dwolla users who wanted to cash out have cashed out then the price will catch up to Gox's and you will regret not having bought earlier. |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 17, 2013, 12:02:24 AM |
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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May 17, 2013, 12:04:14 AM |
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the question is whether it's worth buying more on bitstamp with such massive ask walls...
Yeah, they are really scarry. Also ~90 BTC till 110 $ is a joke. Nevertheless, the walls were there the whole day and got a bit smaller. I doubt something crazy happens, but if the course changes and we go down, it will be even faster on Bitstamp. Real question is when we test 125, which failed 3 times when the market was more bullish 1.5-2 weeks ago, will we break through?
The theory of an ascending triangle (which we have) is a breakthrough.  To warn you, I'm biased.  |
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UltimateReaper
Newbie
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Activity: 56
Merit: 0
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May 17, 2013, 12:06:24 AM |
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Drop off at 120? edit: and lol |
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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May 17, 2013, 12:09:06 AM |
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the question is whether it's worth buying more on bitstamp with such massive ask walls...
Yeah lots of coins from Gox there it seems. I personally think it's worth buying, those coins won't stay there forever and once all former US dwolla users who wanted to cash out have cashed out then the price will catch up to Gox's and you will regret not having bought earlier. Additional note to this. If those are Goxcoins, I bet their holder are not willing to sell them with 5 $ loss. |
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michaelGedi
Sr. Member
Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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May 17, 2013, 12:09:44 AM |
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all aboard, full steam ahead!!
yeah I bought back in with spare money... temporary weekend "wait and see" trade... I can see even if the mtgox spikes are due to people wanting to withdraw coins, there were a bunch of bidders with decent sized sums inching up over each other to buy back in and follow gox's trend...
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Coinseeker
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May 17, 2013, 12:15:36 AM |
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Run Forest, run! |
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