Dalib
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July 03, 2013, 05:39:22 PM |
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Yet it really seems that 81.87 will be possible bottom at this moment. But for how long? Again, just a few hours?
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Jozzaboy
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July 03, 2013, 05:41:05 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.
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lysr
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July 03, 2013, 05:43:39 PM |
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Tried to withdraw 10000 usd a few days ago, support staff said I had to wait for at least 2 more weeks because they were having a long queue of requests to process. I doubt this problem will get resolved anytime soon.
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Frozenlock
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July 03, 2013, 05:44:11 PM |
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I found this little gem on reddit: Not worth selling with current price. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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sarc
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July 03, 2013, 05:44:18 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.because.... by the way, I love how your picture is so perfectly in tune with your forum personality. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Its About Sharing
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July 03, 2013, 05:45:13 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) The question is, are those bid walls (or depth) real? That is the hard thing. Looking at the depth I say "bullish" and then another sell of 500 goes through. I've wondered if it's the same people or parties...
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Its About Sharing
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July 03, 2013, 05:46:25 PM |
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Yet it really seems that 81.87 will be possible bottom at this moment. But for how long? Again, just a few hours?
Exactly, if it is a "floor" with no buys coming through then I am not impressed. It seems like just another silence before the storm. But again, we are on levels where we could bounce violently. But I don't feel like gambling...
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Jozzaboy
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July 03, 2013, 05:48:54 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.because.... by the way, I love how your picture is so perfectly in tune with your forum personality. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Shit... that is a picture of me on Galveston beach. What exactly are you trying to say here chief?? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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bangersdad
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July 03, 2013, 05:49:07 PM |
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wouldnt you have expected some news from gox if everything was okay for tomorrow?
they would have given a "status update" just to let everyone that the 2 week estimate was still accurate.
i think the saying no news is bad news applies here.
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gandhibt
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July 03, 2013, 05:49:26 PM |
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Yet it really seems that 81.87 will be possible bottom at this moment. But for how long? Again, just a few hours?
Exactly, if it is a "floor" with no buys coming through then I am not impressed. It seems like just another silence before the storm. But again, we are on levels where we could bounce violently. But I don't feel like gambling... I did. I bought 100 BTC @ average of (gox 0.5 % included) $81.27 and waiting to sell again... EDIT. I sold all my trading coins (100 BTC) @ average 101.97 USD/BTC. I think I'll buy back @ 80-85 USD/BTC.
EDIT2. although I have added more funds to trading wallet.
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Miz4r
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July 03, 2013, 05:51:35 PM |
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The 'problem' is that the current sell off is happening in slow motion. There is no panic selling going on at all, just a couple dumps over the course of a day and no real buying pressure to bring the price back up. This makes it hard to predict a bottom or a bounce, it could slide down for a while longer until bulls finally wake up.
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bito
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July 03, 2013, 05:53:44 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.because.... by the way, I love how your picture is so perfectly in tune with your forum personality. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Shit... that is a picture of me on Galveston beach. What exactly are you trying to say here chief?? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) He might be referring to your attitude?
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StarenseN
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July 03, 2013, 05:54:59 PM |
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The 'problem' is that the current sell off is happening in slow motion. There is no panic selling going on at all, just a couple dumps over the course of a day and no real buying pressure to bring the price back up. This makes it hard to predict a bottom or a bounce, it could slide down for a while longer until bulls finally wake up.
"Slow motion" it took 2 years for gold to do the same corrections (or what ever we call it).
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sarc
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July 03, 2013, 05:55:09 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.because.... by the way, I love how your picture is so perfectly in tune with your forum personality. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Shit... that is a picture of me on Galveston beach. What exactly are you trying to say here chief?? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) wall street go-getter, obviously ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Jozzaboy
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July 03, 2013, 05:56:17 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.because.... by the way, I love how your picture is so perfectly in tune with your forum personality. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Shit... that is a picture of me on Galveston beach. What exactly are you trying to say here chief?? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) He might be referring to your attitude? Yes, I don't get too worked up over little things like this. Pretty much guaranteed that BTC will rise above $100 in my lifetime so no sweat. I'm just collecting bitcoins in the mean time.
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Miz4r
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July 03, 2013, 05:56:49 PM |
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The 'problem' is that the current sell off is happening in slow motion. There is no panic selling going on at all, just a couple dumps over the course of a day and no real buying pressure to bring the price back up. This makes it hard to predict a bottom or a bounce, it could slide down for a while longer until bulls finally wake up.
"Slow motion" it took 2 years for gold to do the same corrections (or what ever we call it). This is bitcoin, what gold does in a year bitcoin does in a day or two.
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StarenseN
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July 03, 2013, 05:58:53 PM |
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Are you drawing lines on a linear graph ? I mean REALLY ?
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Its About Sharing
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July 03, 2013, 05:59:49 PM |
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The 'problem' is that the current sell off is happening in slow motion. There is no panic selling going on at all, just a couple dumps over the course of a day and no real buying pressure to bring the price back up. This makes it hard to predict a bottom or a bounce, it could slide down for a while longer until bulls finally wake up.
Yes and if people with $$$ come back into the market the jump up will be explosive. But my bet is it will be sold into...
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ChartBuddy
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July 03, 2013, 06:01:04 PM |
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