ChartBuddy
Legendary
 Offline
Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 30, 2013, 07:03:30 PM |
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Nightowlace
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November 30, 2013, 07:27:48 PM |
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OMG OMG OMG BTC dropped 4% SELL SELL SELL WE ARE ALL DOOMED! Haha.  |
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jojo69
Legendary
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Activity: 3332
Merit: 4615
diamond-handed zealot
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November 30, 2013, 07:43:20 PM |
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there we go
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capsqrl
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November 30, 2013, 08:22:37 PM |
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This just means that the top is not yet around the corner. The faster it grows, the sooner it crashes.
These quiet days (aka "consolidation") during uptrends are typically followed by new violent breakouts upwards. After a day or two, everybody decides that the new price level is accepted by everybody else, and then they continue buying. While a bursting bubble seems to pop when the market is already very volatile. Both April 2013 and 2011 are examples of this. Sundays have been strong days recently as well (no idea why; perhaps buyers think Monday will be the strong day so they try to get in early before the price goes up?). I think tomorrow will be interesting. |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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November 30, 2013, 08:27:10 PM |
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This just means that the top is not yet around the corner. The faster it grows, the sooner it crashes.
These quiet days (aka "consolidation") during uptrends are typically followed by new violent breakouts upwards. After a day or two, everybody decides that the new price level is accepted by everybody else, and then they continue buying. While a bursting bubble seems to pop when the market is already very volatile. Both April 2013 and 2011 are examples of this. Sundays have been strong days recently as well (no idea why; perhaps buyers think Monday will be the strong day so they try to get in early before the price goes up?). I think tomorrow will be interesting. Agreed, just like previous week end. |
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gandhibt
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November 30, 2013, 08:53:08 PM |
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my fiat showed in bitstamp at sunday, maybe this has something to do with sunday rises, don't know how this is possible, are banks finally evolving when there's competition?  |
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Voodah
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November 30, 2013, 09:00:11 PM |
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Goat what's your your price target for LTC at New Year's ?
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Voodah
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November 30, 2013, 09:01:06 PM |
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Is there anyone here who's been able to withdraw through SEPA from Gox? If so, how long did it take?
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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November 30, 2013, 09:17:38 PM |
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my fiat showed in bitstamp at sunday, maybe this has something to do with sunday rises, don't know how this is possible, are banks finally evolving when there's competition? i bet this has more to do with bitstamp than the bank. however i dont know. just a guess I've had a few late night/weekend credits at Virtex lately also. If banks were willing to adapt they wouldn't be facing extinction |
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TiagoTiago
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November 30, 2013, 09:18:59 PM |
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Is there anyone here who's been able to withdraw through SEPA from Gox? If so, how long did it take?
I remember reading someone recently saying it took about 2 weeks, but my memory isn't all that trustworthy; probably better wait for a less second-hand answer to your question... |
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Nemesis
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November 30, 2013, 09:43:01 PM |
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Goat what's your your price target for LTC at New Year's ?
$100.... |
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adsdas
Sr. Member
Offline
Activity: 337
Merit: 250
https://streamies.io/
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November 30, 2013, 09:46:23 PM |
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soon we're going up wohoo!
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italeffect
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November 30, 2013, 10:10:01 PM |
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With he new buy/sell interface on Gox does anyone know if there is still the info that says what your current trading fee and 30 day volume is (and by extension how much volume you need to move down to the next lowest fee)? I can't find it anywhere. With the last no fee period on Gox I was able to get to trade enough to get way down and then stay there for the next 30 days once the fee resumed. Now I can't seem to tell.
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freethink2013
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November 30, 2013, 10:52:39 PM |
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I'm just going to put this out there...Anything below 5k is a bargain.
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wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
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November 30, 2013, 10:54:27 PM |
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I'm just going to put this out there...Anything below 5k is a bargain.
Thanks for your random number  |
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freethink2013
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November 30, 2013, 10:59:19 PM |
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I'm just going to put this out there...Anything below 5k is a bargain.
Thanks for your random number It's not a random number. People are emotionally and psychologically invested in numbers. 100, 200, 250, 500, 750, 1000, 1500,2000 etc....5k If you follow the charts everytime we approach or go past one of these numbers we waiver, Last big crash was at 266. Really it was about 250. I was the guy saying anything under 300 is a bargain a couple(?) of weeks ago. |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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November 30, 2013, 11:00:04 PM |
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When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.
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maz
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November 30, 2013, 11:15:08 PM |
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I'm just going to put this out there...Anything below 5k is a bargain.
I've come to the conclusion you are just a bull-troll. |
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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November 30, 2013, 11:17:00 PM |
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When the crash comes, I think not many in the forum is buying. After going to $2k and crashing to $1k, would you really buy? Everybody is shitless by then. It is completely at the mercy of the new money then.
When my money was new, the April crash was a relief, and I bought as quick as I could. I had been watching (waiting, doh!) and learning early in the year, and looking for the best way to buy in March, then sh!t when crazy and I though I had missed the boat train the first week of April. Even still it was almost 2 weeks after the peak before funds/verification cleared to get started. I don't think we've seen the top of this rally, but when we have, any resulting dip/drop should be a signal for those who have spent the last month with their mouths open. If they don't believe BTC is going much, much higher, they probably won't be in at any price until they have to, to transact business. As you have posted repeatedly, waiting is a losing idea with bitcoin, and there is more positive data than ever for those who care to research it. |
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