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fr33d0miz3r
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May 27, 2013, 03:58:12 PM
Last edit: May 27, 2013, 04:20:08 PM by fr33d0miz3r |
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I'm guessing that most people don't trade when they're at work. Maybe I'm wrong.
big investors buy bitcoins when they work, because it's their job  Also, for example, I work in the Internet (trading, programming and SEO) and I don't depend on any holidays and business days. But I may celebrate some holidays. |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 27, 2013, 04:02:20 PM |
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fr33d0miz3r
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May 27, 2013, 04:10:58 PM |
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Oh, Memorial day. I think a lot of Americans will really not trade today.
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Frozenlock
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May 27, 2013, 04:20:50 PM |
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Let's make sure they have a surprise when they come back!  |
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Ultraviolet
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Activity: 84
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May 27, 2013, 04:22:20 PM |
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It doesn't make much sense to me. Japanese banks were open as normal today and the UK and US are on a holiday today.
So any money sent so MtGox at the end of last week would arrive at MtGox today and most people won't be working so they will be available to trade.
I'm guessing that most people don't trade when they're at work. Maybe I'm wrong.
Imo bank cycles mean relatively little in the BTC market now that volume and hype have cooled off so dramatically. A few people wiring a few thousand bucks here and there are totally unable to move the market. |
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fr33d0miz3r
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May 27, 2013, 04:25:02 PM |
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Let's make sure they have a surprise when they come back! I hope their surprise wil be $150  |
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Frozenlock
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May 27, 2013, 04:41:09 PM |
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Starting to look bad from here...  |
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Rampion
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May 27, 2013, 04:45:22 PM |
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Starting to look bad from here... Since when cheap coins look bad? |
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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May 27, 2013, 04:45:54 PM |
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Starting to look bad from here... sell everything! its almost over  |
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samson
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Activity: 2097
Merit: 1068
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May 27, 2013, 04:49:12 PM |
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Starting to look bad from here... sell everything! its almost over Up, Up, Up ! |
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phatsphere
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May 27, 2013, 04:49:21 PM |
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sell everything! its almost over OMG! ADAM SUDDENLY BEARISH!? |
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Ultraviolet
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Activity: 84
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May 27, 2013, 04:53:24 PM |
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120-125 followed a similar pattern of apparent stagnation/decline before it got pumped to 126-128 iirc.
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IG0BR0KE
Newbie
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Activity: 56
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May 27, 2013, 04:54:07 PM
Last edit: May 27, 2013, 05:20:26 PM by IG0BR0KE |
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It's just lame when you actualy see we only need 2.6k to come back on 136.. where're the bulls srsly.
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wonkytonky
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May 27, 2013, 04:54:32 PM |
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bears taking advantage of the usa memorial day arent they ?  no worries we can buy coins back at higher prices soon lol |
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ElectricMucus
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Marketing manager - GO MP
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May 27, 2013, 04:58:06 PM |
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bears taking advantage of the usa memorial day arent they ? no worries we can buy coins back at higher prices soon lol well, 1% daily trading profit is 3678% annual trading profit if you manage that consistently... (But almost nobody does, that doesn't stop one from trying though...) |
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Its About Sharing
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Activity: 1442
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Antifragile
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May 27, 2013, 04:58:47 PM |
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Starting to look bad from here... Since when cheap coins look bad? And here in Germany bitcoin.de's price is down .10 from yesterdays! That is what happens with low volume (1400 today so far) and low float (3800 right now). I can only hope for cheap coins... |
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michaelGedi
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"to be or not to be, that is the bitcoin"
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May 27, 2013, 05:01:26 PM |
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re holiday - I would imagine that it's the time when you go and do stuff with friends or family? When you are obliged to step away from the computer and do things in real life? also in the same vein there is often a "weekend slump" (apparently), the "long weekend" should help to account for this quiet also no? |
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ShroomsKit
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May 27, 2013, 05:02:29 PM |
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Starting to look bad from here... Since when cheap coins look bad? Always. It hurts the coin. |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 27, 2013, 05:03:09 PM |
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Frozenlock
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May 27, 2013, 05:05:29 PM |
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I don't see why a holiday would put more selling pressure than buying pressure.
Sure, there could be less buyers, but also less sellers.
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