Davyd05
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February 14, 2014, 04:42:38 AM |
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someone mentioned, stamp was rectifying account numbers btc wise atleast, think people are becomeing confident again, steady buying pressure since the last low was tested
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Nightowlace
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February 14, 2014, 04:47:01 AM |
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Attack? This is uber-bullish. If JP Morgan had to write a detailed report in order to shit on BTC it means they are pooping their pants. They are seriously concerned. Great. False. It's probably because some on the board have an interest in bitcoin and want to know why they aren't diversifying. I don't think any Main Street investor is shitting their pants about BTC right now. Probably the opposite. A bet there is a lot of "I told you so's" happening at this moment. I'm a long term bull, and maintain the outlook that this too shall pass. However in the short term this is going to get very ugly. This is the tip of the iceberg when it comes to the shit storm we are going to experience. I said this at 11AM. I was hoping I would be wrong
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RicePicker
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RicePicker
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February 14, 2014, 04:49:02 AM |
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Bitstamp bull trap.
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derpinheimer
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February 14, 2014, 04:51:36 AM |
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Bitstamp bull trap.
Is slowly coming to an end. I think Pre-panic sell callers have begun to panic sell on Gox.
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billyjoeallen
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February 14, 2014, 04:52:32 AM |
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Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down
It's not gonna. That's why we need a real exchange in America. Fast drops and fast pops, Coinbase lags and you never get the best price. You guys have coinsetter. Doesn't it have an API to BSP? I need something with more volume. A big, professional exchange. If it has an API to stamp and order execution on stamp that's all you need. Unless you are looking for NASDAQ? I'll check it out, but I'm still concerned that Stamp is in Slovenia and New York has the regulation issue up in the air. Coinbase has $31 million behind it, and even though their prices and fees suck, but they seem more reliable for now. Plenty of fear left, but the panic is over. I''m no TA expert, but without more bad news, it seems like the double bottom is in.
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magicmexican
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February 14, 2014, 04:53:20 AM |
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Bitstamp bull trap.
So everything that is up is a bulltrap, right? The only legit market non-trap move is the crash to 0 it seems
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MoreFun
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February 14, 2014, 04:54:05 AM |
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Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down
It's not gonna. That's why we need a real exchange in America. Fast drops and fast pops, Coinbase lags and you never get the best price. You guys have coinsetter. Doesn't it have an API to BSP? I need something with more volume. A big, professional exchange. If it has an API to stamp and order execution on stamp that's all you need. Unless you are looking for NASDAQ? I'll check it out, but I'm still concerned that Stamp is in Slovenia and New York has the regulation issue up in the air. Coinbase has $31 million behind it, and even though their prices and fees suck, but they seem more reliable for now. Plenty of fear left, but the panic is over. I''m no TA expert, but without more bad news, it seems like the double bottom is in. Bitstamp made or will make much more than $31M in fees and oves noone anything.
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OldGeek
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Blitz:The price affects the perception of the news
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February 14, 2014, 04:54:29 AM |
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Ahhh, Wisdom is back. Had to play that very conservatively, felt like I was trading blind. Bitcoinity is awful.
+1 Was about to wear out the f5 key on my laptop.
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billyjoeallen
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February 14, 2014, 04:55:21 AM |
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Searing, didn't see anyone directly answer this. Coinbase is more of a broker. They buy (presumably) from Bitstamp on your behalf, plus fees. On very busy times they have run out of coins to sell to you. You can hook it into your bank, so whatever price you buy/sell is usually locked in then. It takes 4 business days, give or take for it to happen.
Gox/btc-e/Bitstamp are exchanges, where you transfer fiat to it in whatever way works for you and is set up for them. This takes varying amounts of time. You can usually transfer btc directly in much faster, but I'm not sure about Gox right now.
The exchanges let you keep money sitting on there. You can buy/sell back and forth within minutes/seconds. The btc can be sent out to an external address, or the fiat can be removed via whatever method the exchange allows (plus "bank time").
Coinbase also wants to be an online wallet for you, and also has some nice SMS/text methods that work on any phone, no app required.
That basically correct. Coinbase used to get most of it's coins from miners, but that is apparently no longer the case. Make of that what you will.
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Richy_T
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February 14, 2014, 04:58:13 AM |
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drug
Oh em gee. Bitcoins are only good for drugs. Man, I tried shooting up some Bitcoin but someone had cut it with some Doge. Boy, that was a bum trip.
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David M
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February 14, 2014, 05:02:37 AM |
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Bitstamp bull trap.
That's a tough call to make. How serious is this bear market? Is it buyer exhaustion? (i.e After an orgasm it takes a while to get going again) Or is it buyer fear? When I look at the historical trade volume (which I only do during direction transitions), the biggest trading weeks were October 2013 through November 2013. That's a price range of $200 to 900$. IMO, fear will not hit until $275 for new hodlers. The class of 2012 and earlier will feel no fear until $150.
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FTWbitcoinFTW
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February 14, 2014, 05:03:09 AM |
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A bull trap after an other ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.staffmarket.com%2Fimages%2Fminefield.jpg&t=665&c=v487TOOKG_v09A)
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billyjoeallen
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February 14, 2014, 05:03:18 AM |
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Bitstamp bull trap.
So everything that is up is a bulltrap, right? The only legit market non-trap move is the crash to 0 it seems A trap is something you don't expect. I'm pretty sure every bull left is prepared for anything.
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billyjoeallen
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February 14, 2014, 05:13:59 AM |
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The Gox announcement was bad, but the transaction malleability DDOS was much worse and left a smaller dent. Without another disaster, the worst is behind us. If we follow the pattern of earlier rallies, and corrections, we slowly build upward momentum from here, but nothing parabolic for a while.
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MoreFun
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February 14, 2014, 05:16:40 AM |
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The Gox announcement was bad, but the transaction malleability DDOS was much worse and left a smaller dent. Without another disaster, the worst is behind us. If we follow the pattern of earlier rallies, and corrections, we slowly build upward momentum from here, but nothing parabolic for a while.
I don't believe, volume was very low below $600.
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F-bernanke
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February 14, 2014, 05:19:14 AM |
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Just woke up, WTF happened in that trap-cage called GOX?! Please somebody shut that hole down, this drags the whole btc reputation down....
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JorgeStolfi
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February 14, 2014, 05:19:34 AM |
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Excellent, Huobi, 3750 Yuan. Now stop RIGHT THERE and go to bed.
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NWOreptilian
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February 14, 2014, 05:20:45 AM |
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Rally to 800! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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seleme
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Duelbits.com
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February 14, 2014, 05:21:24 AM |
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Lol, I'll never understand Bitcoin traders... price around 800-900 for weeks, yet he sells 6-7k when it drops to 400$ ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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