adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 20, 2013, 06:35:06 PM |
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we are only now starting to pick up speed. i'm not worried
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fallinglantern
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June 20, 2013, 06:38:02 PM |
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Here is a pattern I've observed so far:
Anytime mining difficulty goes down, if a person were to buy BTC right when difficulty is headed back up again, they'd make a healthy return. Blockchained is showing a predicted drop in difficulty for the next round, so we should be real bullish in about 3.5 weeks or so assuming that pattern continues.
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ShroomsKit
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June 20, 2013, 06:39:50 PM |
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6 business days left! Wouldn't that be hilarious
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Its About Sharing
Legendary
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Activity: 1442
Merit: 1000
Antifragile
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June 20, 2013, 06:40:47 PM |
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I wish that wall at 115 would get removed. People are willing to buy, the price wants to go up. Why sell at 115.
That is a good question. I think it honestly means that people want to cash out - or - it is fake (which I doubt). Gox is not representative of BTC at the moment due to the 2 week "ban" on getting your money out. It is like an artificial buy signal was imposed. Those coins that are moved to bitstamp might just be being sold at the Gox price. Not sure but something weird has been happening for a while now.
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ShroomsKit
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June 20, 2013, 06:40:49 PM |
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Too bad we have to hit 50 first before we can go up :/
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ShroomsKit
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June 20, 2013, 06:41:17 PM |
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I wish that wall at 115 would get removed. People are willing to buy, the price wants to go up. Why sell at 115.
That is a good question. I think it honestly means that people want to cash out - or - it is fake (which I doubt). Gox is not representative of BTC at the moment due to the 2 week "ban" on getting your money out. It is like an artificial buy signal was imposed. Those coins that are moved to bitstamp might just be being sold at the Gox price. Not sure but something weird has been happening for a while now. Yeah, i doubt it's fake.
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Ares
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June 20, 2013, 06:47:31 PM |
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Dear Bitcoin,
I will be gone for a few days and will be away from technology. Please don't do anything fucking crazy while i'm gone.
Love, Ares
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Frozenlock
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June 20, 2013, 06:48:19 PM |
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I don't see it... Most of them say they have already left MtGox.
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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June 20, 2013, 06:48:54 PM |
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Too bad we have to hit 50 first before we can go up :/
So this is something everyone around here completely accepts?
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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June 20, 2013, 06:51:57 PM |
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Well if the theory of the gox price rising because of an exodus of btc in order to cash-out elsewhere has any merit then I guess people are using localbitcoins or some other service with a gox-linked price (or they're not in a hurry to convert back to USD) because it's certainly not driving the price down at bitstamp or elsewhere at the moment. The proximity-to-gox is certainly a bigger percentage than average but there is no correlating down as of yet to gox's up. buy on bitstamp .. dump on gox ahh i love this game Well, think if you are absolutely sure that the Gox news is no worry. Add to that that you have lots of money. If you can buy cheaper coins on other exchanges and then sell them on gox it is easy money. I think some of that must be happening, unless other exchanges like Bitstamp just sort of follow the Gox price (which is true to a point.)
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ShroomsKit
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June 20, 2013, 06:52:46 PM |
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Too bad we have to hit 50 first before we can go up :/
So this is something everyone around here completely accepts? I was being sarcastic because it's such nonsense
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Richy_T
Legendary
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Activity: 2562
Merit: 2265
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 20, 2013, 06:58:19 PM |
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Dear Bitcoin,
I will be gone for a few days and will be away from technology. Please don't do anything fucking crazy while i'm gone.
Love, Ares
Good luck. Even going to the bathroom is not safe around Bitcoin.
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Abandon
Member
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Activity: 112
Merit: 10
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June 20, 2013, 07:05:40 PM |
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Crossed the EMA's:
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ShroomsKit
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June 20, 2013, 07:06:34 PM |
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Yeah, was about to buy some earlier today, figured the price already peaked and would go down again. Ofcourse i was wrong. I can buy now but i can guarantee you the price will drop 1 minute after my buy.
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Abandon
Member
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Activity: 112
Merit: 10
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June 20, 2013, 07:08:02 PM |
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Yeah, was about to buy some earlier today, figured the price already peaked and would go down again. Ofcourse i was wrong. I can buy now but i can guarantee you the price will drop 1 minute after my buy. I would have bought myself, but the shares are too expensive for me. Instead I went with DMS.
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ShroomsKit
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June 20, 2013, 07:09:29 PM |
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Yeah, was about to buy some earlier today, figured the price already peaked and would go down again. Ofcourse i was wrong. I can buy now but i can guarantee you the price will drop 1 minute after my buy. I would have bought myself, but the shares are too expensive for me. Instead I went with DMS. Too expensive based on what? Serious question as i'm considering buying.
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