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ft73
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January 09, 2014, 03:03:21 PM |
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that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news. True. |
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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January 09, 2014, 03:05:22 PM |
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People seem to panic sell now.  if we relieve all of this selling pressure without actually breaking into a new low, this could be a very bullish sign short-term. the volume associated with this move is pretty significant and all it's doing so far is demonstrating the strength of the $860/$780 (gox/stamp) support. |
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Anima
Member
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Activity: 63
Merit: 10
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January 09, 2014, 03:12:18 PM |
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Strong signs of support right now  |
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magicmexican
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January 09, 2014, 03:13:18 PM |
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Strong signs of support right now free btc at bitstamp, hurry up |
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Nightowlace
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January 09, 2014, 03:20:46 PM |
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Hey Goat can you dump 300 coins on Gox for me? K Thanks.
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fluidjax
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January 09, 2014, 03:25:35 PM |
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Hey Goat can you dump 300 coins on Gox for me? K Thanks.
Bears got no ammo? |
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Nightowlace
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January 09, 2014, 03:34:49 PM |
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Hey Goat can you dump 300 coins on Gox for me? K Thanks.
Bears got no ammo? 147 to go |
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DaRude
Legendary
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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January 09, 2014, 03:37:12 PM |
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I'd like to hear some theories why btc-e is higher than stamp? I can't make sense of it, at some point stamp was even higher than gox. People would sell BTC there to invest in shitcoins. Now... is there all of the sudden more trust in btc-e? Are their transfers easier then stamp? What gives
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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January 09, 2014, 03:38:37 PM |
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that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news. I somehow feel reminded to the recurring topic of empiricists vs. rationalists during my philosophy courses. I'm Kantian, and his solution applies to the false dichotomy "does news follow price, or vice versa?" just as well (not literally, but the idea behind it) |
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Nightowlace
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January 09, 2014, 03:42:34 PM |
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I am such an awesome trader. I successfully sold all of my coins this morning and because of my emotions I couldn't stand the thought of the price rising and me not having them so I bought them all back and made 0.01BTC! #Winning #tradingskillz #tradingclassestodayat6pm
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Nightowlace
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January 09, 2014, 03:48:02 PM |
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I am such an awesome trader. I successfully sold all of my coins this morning and because of my emotions I couldn't stand the thought of the price rising and me not having them so I bought them all back and made 0.01BTC! #Winning #tradingskillz #tradingclassestodayat6pm
I think I should stick to selling coins *link in signature* haha |
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N12
Donator
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Activity: 1610
Merit: 1010
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January 09, 2014, 03:48:54 PM |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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January 09, 2014, 03:56:31 PM |
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Keep smoking that bitcrack. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 09, 2014, 03:56:53 PM |
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GOOOOOD MORNING BITCOIN!! am i seeing this right, do we have a triple bottom?  |
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BitchicksHusband
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January 09, 2014, 04:01:45 PM |
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I'd like to hear some theories why btc-e is higher than stamp? I can't make sense of it, at some point stamp was even higher than gox. People would sell BTC there to invest in shitcoins. Now... is there all of the sudden more trust in btc-e? Are their transfers easier then stamp? What gives
People want their money out of Slovenia now that the government took over the 2nd largest bank in the country and shafted Polish shareholders? There was an article on here about that somewhere. Just a guess. EDIT: Here: https://bitcointalk.org/index.php?topic=404872.0 |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 09, 2014, 04:02:30 PM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 09, 2014, 04:05:55 PM |
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GOOOOOD MORNING BITCOIN!! am i seeing this right, do we have a triple bottom? I would rather see a triple top then triple bottom.  hehehehe either way i'm set for glory! <- best bitcoin trader in the world  |
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