justusranvier
Legendary
 Offline
Activity: 1400
Merit: 1013
|
 |
December 09, 2013, 07:21:06 AM |
|
The crash was basically a big profit-taking dump masquerading as supposedly negative China news in order to suck in more panic sellers for the re-buy.
This is where all the doom and gloom FUD-spreaders are going to come back into the thread and admit they were wrong/lying, right? |
|
|
|
|
solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
|
|
December 09, 2013, 07:21:32 AM |
|
So, uh, why is Gox $100 higher than all the other exchanges all of a sudden? I really don't understand.
A whale panicked and splurged $2m that he should have spent a few hours earlier, instead of waiting for a drop. |
|
|
|
|
|
pdawg
|
|
December 09, 2013, 07:21:56 AM |
|
I am expecting resistance between $907 - 970'ish, so it will be interesting to see what happens here.
|
|
|
|
|
|
CryptStorm
|
|
December 09, 2013, 07:22:13 AM |
|
The crash was basically a big profit-taking dump masquerading as supposedly negative China news in order to suck in more panic sellers for the re-buy.
This is where all the doom and gloom FUD-spreaders are going to come back into the thread and admit they were wrong/lying, right? I've been gloomy-- I'll admit I thought we'd seen this run-up take its course! |
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
December 09, 2013, 07:22:54 AM |
|
Did someone accidentally put in a 1000 btc market order buy? That was ridiculous
|
|
|
|
|
gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
|
|
December 09, 2013, 07:23:17 AM |
|
Eating up quickly so price moves to a new level, and sellers don't have time/willingness to put sells at previous level. Poor bears looking desperate now  |
|
|
|
|
rarabit
Newbie
Offline
Activity: 8
Merit: 0
|
|
December 09, 2013, 07:24:04 AM |
|
Second market investors can only buy not panic and sell. North we go. This buble may be different |
|
|
|
|
|
CryptStorm
|
|
December 09, 2013, 07:24:24 AM |
|
Eating up quickly so price moves to a new level, and sellers don't have time/willingness to put sells at previous level.
Yeah, market buys and sells have their place for those who can handle them. Sometimes they are exactly the right move. Edit: They do reduce liquidity and go against the market, so it's at a cost to be an aggressive player. |
|
|
|
|
DaRude
Legendary
Offline
Activity: 2909
Merit: 1919
In order to dump coins one must have coins
|
|
December 09, 2013, 07:25:29 AM |
|
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k
|
|
|
|
|
|
greenlion
|
|
December 09, 2013, 07:27:31 AM |
|
I think a large proportion of this is bot-driven, because there is absolutely no way the EMA method is this damn good in reality.
|
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
December 09, 2013, 07:28:50 AM |
|
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k
Pretty much. That's the first buy like that out of the blue I ever remember. Sure it's happened before, but that was slightly epic. It was like watching a parabolic rise at the top of a rally. |
|
|
|
|
|
hmmmstrange
|
|
December 09, 2013, 07:32:30 AM |
|
CHOO CHOO!!
New cash or reinvested profits? |
|
|
|
|
|
tHash
|
|
December 09, 2013, 07:33:53 AM |
|
Seriously, why is everyone so surprised? The market needed a correction off of $1240, but nothing actually happened to reduce bitcoin's appeal. There is no way that there are or have been enough coins for sale for those who sold out to recover their positions, so the price must rise. And as they say, there is no such thing as bad news . . .
|
|
|
|
|
gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
|
|
December 09, 2013, 07:34:54 AM |
|
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k
Pretty much. That's the first buy like that out of the blue I ever remember. Sure it's happened before, but that was slightly epic. It was like watching a parabolic rise at the top of a rally. The finest in panic buys.. |
|
|
|
|
|
Parazyd
|
|
December 09, 2013, 07:36:18 AM |
|
To the moon! |
|
|
|
|
|
beetcoin
|
|
December 09, 2013, 07:36:50 AM |
|
Back to the moon! fixed that for you. we fell off the moon and back into earth's orbit, and didn't quite like it there  |
|
|
|
|
Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
|
|
December 09, 2013, 07:38:51 AM |
|
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k
Satoshi was that you just f*cK*ng with us? Having a little joke to jolt things along? If so thank you it was epic!  |
|
|
|
|
|
Parazyd
|
|
December 09, 2013, 07:39:18 AM |
|
Back to the moon! fixed that for you. we fell off the moon and back into earth's orbit, and didn't quite like it there Minor gravity issues |
|
|
|
|
DaRude
Legendary
Offline
Activity: 2909
Merit: 1919
In order to dump coins one must have coins
|
|
December 09, 2013, 07:45:38 AM |
|
Can't say that i'm not happy but it bothers me how young and iliquid (not liquid?) the market is when one order can swing it like 12%
|
|
|
|
|
|
beetcoin
|
|
December 09, 2013, 07:46:11 AM |
|
Can't say that i'm not happy but it bothers me how young and iliquid (not liquid?) the market is when one order can swing it like 12%
doesn't that mean that there's a lot more room for growth then? it is kind of unnerving how finicky btc can be. |
|
|
|
|
|
Poll
