Vycid
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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November 20, 2013, 12:11:46 AM |
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of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps
Fortunately for you, you kept yourself from panic selling. You've got a lucky star or something. Just watch, this'll settle at 650. The damped sinusoidal pattern is unmistakable. It's exactly like a PID control loop.
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barbs
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November 20, 2013, 12:13:08 AM |
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of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps
Fortunately for you, you kept yourself from panic selling. You've got a lucky star or something. I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before)
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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November 20, 2013, 12:15:07 AM |
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of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps
Fortunately for you, you kept yourself from panic selling. You've got a lucky star or something. I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before) If you got coins for less than $650 I think you're gonna be OK.
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jojo69
Legendary
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Activity: 3318
Merit: 4606
diamond-handed zealot
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November 20, 2013, 12:15:50 AM |
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in at 600
yesssss!
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barbs
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November 20, 2013, 12:16:30 AM |
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of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps
Fortunately for you, you kept yourself from panic selling. You've got a lucky star or something. I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before) If you got coins for less than $650 I think you're gonna be OK. 694 oops thanks though, don't worry be happy and all that. Need a break from this, why did i think it would be different this time
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beaconpcguru
Full Member
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Activity: 189
Merit: 100
Hello
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November 20, 2013, 12:19:09 AM |
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price goes down 10%.. coins on the order books dont change, just the coins that are panic sold in combination with the bears attempting (sucessfully to drag it down) China is not pursuing... interesting.. China has 3,000 coins dumped in the last 8 hours compared to ~20,000 that sold on atleast Gox
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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November 20, 2013, 12:20:49 AM |
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of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps
Fortunately for you, you kept yourself from panic selling. You've got a lucky star or something. I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before) If you got coins for less than $650 I think you're gonna be OK. 694 oops thanks though, don't worry be happy and all that. Need a break from this, why did i think it would be different this time Look on the bright side, you could've dumped below 600. Now you can walk away from it and let Bitcoin do its thing.
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nanobrain
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Activity: 1008
Merit: 1000
Dumb broad
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November 20, 2013, 12:26:36 AM |
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this always happens, poeple get crazy excited and buy buy buy
but its all good, they're really good news behind us, money will come flowing in like never b4.
we are looking to forum a cup and handle, while we wait for the money flow.
Probably a stupid question but i've heard the phrase 'cup and handle' here a few times before... What exactly am I looking for? Just to be clear, this is not at all what is happening. We had a much milder bubble this time, moderated by understandable skepticism with the last one so fresh in our minds. It popped, driving Gox briefly below 600, and we're going to oscillate a bit more before stabilizing for the very short term somewhere in the 600-700 range. Then over the next 2-3 weeks we'll likely lose another $100 as the impatient pull their money, and then we wait for the next hype cycle. It will be soon; the cycles are accelerating. I'd give it 3 months. The bubble will be even more controlled next time. im not sure, all this stuff just now hit the media, and no one can get money into buying btc yet. i think we might go higher. this run up was only cuz of people already into btc. I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 20, 2013, 12:27:19 AM |
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its a trap! be very careful... ~ so you are saying put on landing gear..snakes on a plane or what?? LOL i'm saying its a bear trap but its a good one, sell in the hopes of making BTC profits, but be careful, it WILL turn around fast and unexpectedly.
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Cablez
Legendary
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Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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November 20, 2013, 12:30:33 AM |
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Thanks for the coins bears!
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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November 20, 2013, 12:31:10 AM |
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I think we have a trend reversal.
so, no bear traps anymore, only bull traps.
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beaconpcguru
Full Member
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Activity: 189
Merit: 100
Hello
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November 20, 2013, 12:32:42 AM |
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Come on bears and panic sellers.. and the ocassional profiteer... only a 10% drop in price today, you can do better than that! Come on let those coins roll, gotta diversify the population some more!
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SheHadMANHands
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Activity: 1168
Merit: 1000
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November 20, 2013, 12:33:53 AM |
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I think we have a trend reversal.
so, no bear traps anymore, only bull traps.
Nope, bear trap. May sit here for a week though first.
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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November 20, 2013, 12:34:48 AM |
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I think we have a trend reversal.
so, no bear traps anymore, only bull traps.
Nope, bear trap. May sit here for a week though first. I'm just amused by people freaking out about the "bear market". Has anyone taken a gander at the 1-year chart? Sometimes I wonder.
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Chalkbot
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Activity: 896
Merit: 1001
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November 20, 2013, 12:36:07 AM |
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I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 20, 2013, 12:38:05 AM |
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I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt. The list goes on - its the fiat interface that hampers crypto adoption.
Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows. this can't be true... oh your saying the 7 day wait is too much for you? then you don't really want to put more money in....
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