nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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December 20, 2013, 09:36:09 AM |
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The great China scare - it's over. Another page turn in the Book o Bitcoin.
Now I can go back to my sofa.
famous. last. words. No it is...go back a few pages for the recent discussion. BTC has shown its resilience, we've had the extremists from both sides proclaim their views but the market is the true indicator. We may go up, we may go down in the short-term but its gonna take more than proclamations from a bunch of Chinese pensioners to destroy BTC. Enjoy the show. BTW...will you be sitting any of your A-level economics questions later (...Discuss?) I do enjoy them I didn't think you literally were talking about Bitcoin surviving, I never thought that was in question. I thought you were saying that this downtrend was over. That's a different story. Ach, well...a bit of both. If you believed the cassandras who flooded the speculation forum then this was the beginning of the end. Clearly, BTC is resilient enough to survive an exchange being throttled by a govt...let's face it...if Beijing said "Enough of this capitalist nonsense, we're imposing rules on the Hang Seng" I think it would take the global markets longer than three days to get the wind back in their sails. The end of the 'downtrend'...well it depends on your perspective....zoom in and we are breaking out of a down swing...zoom out and we are still WAAY above the growth trendline...infact I'd imagine there would be a strong argument that a further correction and stabilsation to around USD500 would be a good thing. We may go up, we may go down...as they say in Hebrew (I'll have to spell phonetically)...Oo li ken, oo li low "maybe yes, maybe no"
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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December 20, 2013, 09:38:31 AM |
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So Loaded did some serious job there in China. $80 up during my night time sleep!
Good Morning People!
and don't forget to...
HODL!
Evening from Australia. And how is sunny Greece today I will be out for a morning coffee later today (it's 10:40am) It's December but it's 19C outside which makes it a perfect day for me to go and photosynthesize Nice....way too hot to photosynthesize here...more chance of irradiating.
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fluidjax
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December 20, 2013, 09:40:29 AM |
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Is there anywhere I can get hold of historic stats on Bitfinex loans? I was gonna run some analysis.
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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December 20, 2013, 09:44:09 AM |
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Good mormon everyone. I have to work today so can't trade. Where shall I leave my bids? Got a couple at 300 (ha!), couple at 500....(ha!). What's the plan you non-pigs?
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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December 20, 2013, 09:45:34 AM |
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look at that candle
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alexeft
Legendary
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Activity: 854
Merit: 1000
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December 20, 2013, 09:47:53 AM |
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ErisDiscordia
Legendary
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Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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December 20, 2013, 09:56:02 AM |
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Can we make this the Bitcoin rally anthem? Choo Choo TrainThis song needs to get Zhou Tonged. I can already hear it in my head. "Like a train, Bitcoin rallying up again"
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jatajuta
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December 20, 2013, 09:57:19 AM |
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Good mormon everyone. I have to work today so can't trade. Where shall I leave my bids? Got a couple at 300 (ha!), couple at 500....(ha!). What's the plan you non-pigs?
I think you will be disappointed.
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Jren
Newbie
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Activity: 58
Merit: 0
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December 20, 2013, 10:00:50 AM |
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Can we make this the Bitcoin rally anthem? Choo Choo TrainThis song needs to get Zhou Tonged. I can already hear it in my head. "Like a train, Bitcoin rallying up again" http://www.youtube.com/watch?v=uaqZoph265UM-M-MULTI TRACK DRIFTING. Watch that train go
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ErisDiscordia
Legendary
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Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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December 20, 2013, 10:19:40 AM |
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Goat, your Lambo is being shipped right now. They had to save on the shipping though because they didn't use bitpay
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outofservice
Member
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Activity: 70
Merit: 11
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December 20, 2013, 10:24:31 AM |
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What is this and how do you read it? Is this saying it's going up to somewhere between 740-745?
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shizuska
Newbie
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Activity: 41
Merit: 0
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December 20, 2013, 10:35:59 AM |
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What is this and how do you read it? Is this saying it's going up to somewhere between 740-745? It shows current GOX market data. If you look close enough and long enough i hope you are able to figure out what it excactly shows. Keywords are ask/bids depth, price and movement of these two in last hour.
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rezurect
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December 20, 2013, 10:41:29 AM |
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How about a bounce off the 100 EMA on the 1h chart ?
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ThatBitcoinGuy
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Activity: 36
Merit: 0
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December 20, 2013, 10:54:42 AM |
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Just got an email that Gox is offering 25% off trading fees for the holidays (12/20/13 - 1/20/14)... Stock up, folks!
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rpietila
Donator
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Activity: 1722
Merit: 1036
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December 20, 2013, 10:55:10 AM |
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Good mormon everyone. I have to work today so can't trade. Where shall I leave my bids? Got a couple at 300 (ha!), couple at 500....(ha!). What's the plan you non-pigs?
I think you will be disappointed. +1 Shorter term there's a lot of support at 500 so a bounce from that level seems probable. Longer term I think there is a chance that 350 will be visited but 300 would require something which I don't have knowledge of. Add +10% for Gox.
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shizuska
Newbie
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Activity: 41
Merit: 0
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December 20, 2013, 10:57:05 AM |
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Good mormon everyone. I have to work today so can't trade. Where shall I leave my bids? Got a couple at 300 (ha!), couple at 500....(ha!). What's the plan you non-pigs?
I think you will be disappointed. +1 Shorter term there's a lot of support at 500 so a bounce from that level seems probable. Longer term I think there is a chance that 350 will be visited but 300 would require something which I don't have knowledge of. Add +10% for Gox. When will we see 1000 again in your opinion, before summer?
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granathus
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December 20, 2013, 10:57:54 AM |
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Good mormon everyone. I have to work today so can't trade. Where shall I leave my bids? Got a couple at 300 (ha!), couple at 500....(ha!). What's the plan you non-pigs?
I think you will be disappointed. +1 Shorter term there's a lot of support at 500 so a bounce from that level seems probable. Longer term I think there is a chance that 350 will be visited but 300 would require something which I don't have knowledge of. Add +10% for Gox. So you believe we will slide back towards 500 short term?
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Searing
Copper Member
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Activity: 2898
Merit: 1465
Clueless!
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December 20, 2013, 11:02:32 AM |
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Good mormon everyone. I have to work today so can't trade. Where shall I leave my bids? Got a couple at 300 (ha!), couple at 500....(ha!). What's the plan you non-pigs?
I think you will be disappointed. +1 Shorter term there's a lot of support at 500 so a bounce from that level seems probable. Longer term I think there is a chance that 350 will be visited but 300 would require something which I don't have knowledge of. Add +10% for Gox. So you believe we will slide back towards 500 short term? myself that seems likely if the slow realization that btc china is gonna be toast and no work around for getting Chinese fiat deposits back...by the time jan 1st comes around it should be clear if btc china will continue to exist in a working manner ..with that I can see best case it at 500 usd...best case (er after some turmoil) but would be nice if the 750 we see now has already written it off and its been accounted for in this price....anyway my 'guess' I know squat....(always best to have you expectations clear so when they are 'squashed' you can have that pure clean picture in 3d clarity of "hindsight" .....(silly humans ....the ferengi of primates)
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tarmi
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Activity: 1232
Merit: 1011
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December 20, 2013, 11:16:42 AM |
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rpietila predicting that we will go to 500 and somehow some big asks showed up at bistamp.
must be magic.
dont be stupid. |
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granathus
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December 20, 2013, 11:18:34 AM |
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Looks like Gox took rpietila's words to heart, approaching 600's fast!
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