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TERA
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January 01, 2014, 11:15:39 AM |
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It might have been a bunch of delayed bot sales from before the gox issue started, rather than a whale. We were floating up in the 810s/820s without any resistance for quite some time.
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Davyd05
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January 01, 2014, 11:22:35 AM |
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It might have been a bunch of delayed bot sales from before the gox issue started, rather than a whale. We were floating up in the 810s/820s without any resistance for quite some time.
seems to be happening again.. are we out in space again.. no gravity mode is fun. |
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3KyNoX
Member
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Activity: 81
Merit: 10
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January 01, 2014, 11:28:14 AM |
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Gox Laggy no ?
Do you think it's a short up currently, will going down again I assume.
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TERA
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January 01, 2014, 11:34:32 AM |
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Gox Laggy no ?
Do you think it's a short up currently, will going down again I assume.
The current dump will probably wobble and stabilize around 800-805. Then there will be more recoveries, breakouts, and dumps. If it's like May then this fight can go on for weeks. In corner 1, you have a 1 day crossover and positive news like Fortress In corner 2, you have backlogged capitulation, China going down, and people dumping now that tax hodling is over |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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January 01, 2014, 11:35:04 AM |
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I kind of like the picture... Assuming no panic kicks in later today, I take the measured response of the market to that red candle as a very positive sign. In fact, no sign of panic selling on bitstamp at all so far.
On the other hand, bitstamp has been acting as dampener to a rapid price increase during the last days (example: night of 30th to 31st). We continue staying just above the monthly ema, and while I know it can't last forever, that at some point it'll resolve either into a real rally, or another downtrend, for now it's all we ever hope for: very controlled growth, without all the excessive exuberance we love/hate so much.
EDIT too early though to say the dump had no effect. I'd keep my eyes open for panic selling later today.
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3KyNoX
Member
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Activity: 81
Merit: 10
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January 01, 2014, 11:43:10 AM |
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Gox Laggy no ?
Do you think it's a short up currently, will going down again I assume.
The current dump will probably wobble and stabilize around 800-805. Then there will be more recoveries, breakouts, and dumps. If it's like May then this fight can go on for weeks. In corner 1, you have a 1 day crossover and positive news like Fortress In corner 2, you have backlogged capitulation, China going down, and people dumping now that tax hodling is over Thanks for lights  Waiting for a small down again to re-buy |
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dgarcia
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January 01, 2014, 11:43:31 AM |
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Gox Laggy no ?
Do you think it's a short up currently, will going down again I assume.
The current dump will probably wobble and stabilize around 800-805. Then there will be more recoveries, breakouts, and dumps. If it's like May then this fight can go on for weeks. In corner 1, you have a 1 day crossover and positive news like Fortress In corner 2, you have backlogged capitulation, China going down, and people dumping now that tax hodling is over Yeah. I think a turbulently time is beginning... |
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TERA
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January 01, 2014, 11:44:06 AM |
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I think the effect of the dump was dampen everyone's 'omg fortress to the moon' feelings.
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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January 01, 2014, 11:49:53 AM |
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I think the effect of the dump was dampen everyone's 'omg fortress to the moon' feelings.
It shouldnt really. Some early adopter just wanted cash ASAP and wanted to delay their tax payment another year. Might not be the last time we see this over the next week or so, get your fiats ready!! |
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Parazyd
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January 01, 2014, 11:51:58 AM |
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Too bad I don't have any fiat left. I bought around Xmas.
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TERA
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January 01, 2014, 11:52:16 AM |
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get your fiats ready!!
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T.Stuart
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January 01, 2014, 11:53:58 AM |
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get your fiats ready!!
Lined up and ready to go!  |
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ChartBuddy
Legendary
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Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 01, 2014, 12:02:23 PM |
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Parazyd
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January 01, 2014, 12:06:05 PM |
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ChartBuddy, what's that white outline on your graphs?
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 01, 2014, 12:11:46 PM |
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ChartBuddy, what's that white outline on your graphs?
Jack the Reaper I presume. Just regular FAD I guess... |
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KFR
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January 01, 2014, 12:23:52 PM |
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seljo
Legendary
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Activity: 1178
Merit: 1014
Hodling since 2011.®
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January 01, 2014, 12:30:14 PM |
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get your fiats ready!!
Looses value as fast as the paper stuff  As any other car |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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January 01, 2014, 12:49:16 PM |
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get your fiats ready!!
Looses value as fast as the paper stuff As any other car Very faster wow such depreciation!  |
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TiagoTiago
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January 01, 2014, 12:58:23 PM |
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ChartBuddy, what's that white outline on your graphs?
I think someone said it was a representation of the old year... But we should be seeing a representation of the new year by now... Perhaps the botmaster hasn't woke up yet to update it? |
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ChartBuddy
Legendary
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Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 01, 2014, 01:02:29 PM |
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Poll
