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Voodah
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January 02, 2014, 12:26:47 AM |
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What's with the steep ask wall? It's a bit antisocial don't you think?
A dump is coming in the next 2 weeks, volume hasnt been this low in a long time. This rally might have had legs is if every major exchange was pushing 50K a day, but most have been 10K and under for a week or so Could it just be that most people are on vacation right now and are not interested in buying any Bitcoin because of that? I've seen people on vacations trading from their phones. Vacations are not what they used to be. |
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T.Stuart
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January 02, 2014, 12:28:30 AM |
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What's with the steep ask wall? It's a bit antisocial don't you think?
A dump is coming in the next 2 weeks, volume hasnt been this low in a long time. This rally might have had legs is if every major exchange was pushing 50K a day, but most have been 10K and under for a week or so Could it just be that most people are on vacation right now and are not interested in buying any Bitcoin because of that? I think there is less activity over the holiday yes. It seems to me like most people are content to sit tight and wait patiently for the inevitable influx of interest and money over the next 2 weeks!  |
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T.Stuart
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January 02, 2014, 12:31:54 AM |
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Vacations are not what they used to be.
Not for you and me anyway!  |
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BitChick
Legendary
 Offline
Activity: 1148
Merit: 1001
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January 02, 2014, 12:32:00 AM |
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What's with the steep ask wall? It's a bit antisocial don't you think?
A dump is coming in the next 2 weeks, volume hasnt been this low in a long time. This rally might have had legs is if every major exchange was pushing 50K a day, but most have been 10K and under for a week or so Could it just be that most people are on vacation right now and are not interested in buying any Bitcoin because of that? I think there is less activity over the holiday yes. It seems to me like most people are content to sit tight and wait patiently for the inevitable influx of interest and money over the next 2 weeks! I think some people are just waiting to see what the market is going to do before buying. They will eventually decide it is not going down any more and then jump in and another rally will begin. Or someone will dump and they will jump in and then keep the price at about the level it is at now. I think the fact that we have seen a few dumps already without affecting the price too drastically is really bullish and shows there is some great support in the 750-800 range. |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 02, 2014, 12:34:13 AM |
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I think some people are just waiting to see what the market is going to do before buying. They will eventually decide it is not going down any more and then jump in and another rally will begin. Or someone will dump and they will jump in and then keep the price at about the level it is at now. I think the fact that we have seen a few dumps already without affecting the price too drastically is really bullish and shows there is some great support in the 750-800 range.
+1 Plus the fact that after the $480 low, some might have thought that it's too risky to let volatility ruin their future... Think about it. |
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T.Stuart
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January 02, 2014, 12:35:38 AM |
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I think some people are just waiting to see what the market is going to do before buying. They will eventually decide it is not going down any more and then jump in and another rally will begin. Or someone will dump and they will jump in and then keep the price at about the level it is at now. I think the fact that we have seen a few dumps already without affecting the price too drastically is really bullish and shows there is some great support in the 750-800 range.
Let's face it, this doesn't feel like a time to cash out does it? And as the days go by the exchanges get through their backlogs of incoming transfers and account verifications. Man it took them ages to process my KYC docs when that came in. |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 02, 2014, 12:44:45 AM |
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There are many great events coming within the next couple of weeks. Fortune's story about Fortress fund is one of them. I bet you have considered yourselves that only the strongest will survive the fiat exchange mania this year, right...? RIGHT??  |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 02, 2014, 12:46:53 AM |
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Vacations are not what they used to be.
Not for you and me anyway! Yeah. I need a vacation from my vacation. I once went on a trek in myanmar, like the middle of no where myanmar just to get off line. Almost died but i was off line... Visit Greece. We'll go hiking!  |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 02, 2014, 12:50:56 AM |
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Visit Greece. We'll go hiking! I would love to visit greece. Then it's official. Just do it. By next summer I probably will be able to cover all your expenses |
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Dragonkiller
Sr. Member
Offline
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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January 02, 2014, 12:56:55 AM |
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Visit Greece. We'll go hiking! I would love to visit greece. Then it's official. Just do it. By next summer I probably will be able to cover all your expenses was there earlier this year, had a great time edit: last year  |
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ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 02, 2014, 01:02:41 AM |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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January 02, 2014, 01:18:15 AM |
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Visit Greece. We'll go hiking! I would love to visit greece. Then it's official. Just do it. By next summer I probably will be able to cover all your expenses was there earlier this year, had a great time edit: last year Me too. Park Mount Olympus is amazing |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 02, 2014, 01:23:16 AM |
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anyone else totally burnt out from running around during the holidays , the kids had tons of fun! my new years resolution : stop wasting precious time, on this stupid thread HAPPY NEW YEARS EVERYONE! |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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January 02, 2014, 01:24:37 AM |
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anyone else totally burnt out from running around during the holidays , the kids had tons of fun! my new years resolution : stop wasting precious time, on this stupid thread HAPPY NEW YEARS EVERYONE! There's 5 nice alternatives http://www.coindesk.com/five-new-years-resolutions-bitcoiners-everywhere/BTW: Happy new year Adam. |
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medialab101
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January 02, 2014, 01:26:04 AM |
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Vacations are not what they used to be.
Not for you and me anyway! Yeah. I need a vacation from my vacation. I once went on a trek in myanmar, like the middle of no where myanmar just to get off line. Almost died but i was off line... Visit Greece. We'll go hiking! Hey macsga, I go to Greece every summer. Usually two weeks in Galaxidi and then maybe down to the islands. Love hiking though. If you can recommend some good places I would appreciate it. Cheers |
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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January 02, 2014, 01:33:15 AM |
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There are many great events coming within the next couple of weeks. Fortune's story about Fortress fund is one of them. I bet you have considered yourselves that only the strongest will survive the fiat exchange mania this year, right...? RIGHT?? I tried to get a thread started listing all the positive news/fundamentals happening in 2014 https://bitcointalk.org/index.php?topic=385359.0Perhaps you could contribute MAcsga? NB...its interesting that rather than just list positive events most users want to talk about the negatives of fiat or present personal opinion - I'd suggest the internet has made people pretty feeble minded in respect of disciplined thinking. |
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Walsoraj
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January 02, 2014, 01:41:06 AM |
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There are many great events coming within the next couple of weeks. Fortune's story about Fortress fund is one of them. I bet you have considered yourselves that only the strongest will survive the fiat exchange mania this year, right...? RIGHT?? I tried to get a thread started listing all the positive news/fundamentals happening in 2014 https://bitcointalk.org/index.php?topic=385359.0Perhaps you could contribute MAcsga? NB...its interesting that rather than just list positive events most users want to talk about the negatives of fiat or present personal opinion - I'd suggest the internet has made people pretty feeble minded in respect of disciplined thinking. 2014 will be terrible for btc. It won't be a good year after all the chinese exchanges are shut down and arrests are made for price manipulation. I give it until the end of Jan.
Dogecoin, on the other hand, will reign supremely. |
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TERA
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January 02, 2014, 01:45:39 AM |
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It's Jan 1 and volume is still low "due to the holidays" according to forum posters (for 2 weeks straight now). I suppose tomorrow the volume should suddenly pick back up. If it doesn't, should I be dumping? I guess then I'll hear about "deposit lag to react to the Fortress news". So I'll have to give it one more week and my dumping deadline is Jan 8?
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Richy_T
Legendary
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Activity: 2464
Merit: 2146
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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January 02, 2014, 01:51:13 AM |
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Visit Greece. We'll go hiking! I would love to visit greece. Then it's official. Just do it. By next summer I probably will be able to cover all your expenses Don't sweat it. Goat'll just buy Greece. |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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January 02, 2014, 01:56:33 AM |
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...So I'll have to give it one more week and my dumping deadline is Jan 8?
Nah. About that time the uberbulls will figger out that Fortress will be buying off the network. Like from loaded or some such. The other financial geniuses will still be sitting on their funds waiting for the drop. I already sold some more. |
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