billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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March 17, 2014, 08:48:42 AM |
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"NewsWeak" is right. Their whole story was circumstantial. The smoking gun was an admission that can be explained as miscommunication by a guy that didn't want to talk in the first place. At this point, I wouldn't even call it a weak case. More of a theory. Dorian has a civil case and I hope this results in a retraction or a settlement. Without more evidence, it's likely he'll get it. So if i "misunderstood" you as an anti gay dick head whos doing some work for an antigay organization, then i wrote an article about you and how your childhood's insecurities with homosexual (your parents are gay couple...for ex) would be a perfect fit...... I'm still right ....... RITE?  ?? Your analogy makes no sense. This was an irresponsible story by Newsweek even if it later turns out to be true, which is doubtful. This doesn't mean they made it up or intentionally framed the wrong guy. |
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HerrAndreas
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March 17, 2014, 08:49:42 AM |
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prices make me want to spend my coins on anything but fiat  |
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ChartBuddy
Legendary
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Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 17, 2014, 09:02:08 AM |
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TERA
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March 17, 2014, 09:09:56 AM |
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I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
The 24h volume on bitstamp is still only 4705btc. If stolen coins were actually being sold, then you would start to see 6 digit volume numbers. Keep in mind also that over 3600 coins are mined per day. This obviously isn't stolen coins. This is a different problem. It's called "nobody is buying". |
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micalith
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March 17, 2014, 09:10:27 AM |
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I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
Where would you recommend I go to best understand this waves A, C etc stuff I keep hearing about? |
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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March 17, 2014, 09:22:40 AM |
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If someone buys up to 640, we would be on our way up. People with a stake: buy more or people will start to panic sell as the price gradually slips away
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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March 17, 2014, 09:25:39 AM |
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I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
The 24h volume on bitstamp is still only 4705btc. If stolen coins were actually being sold, then you would start to see 6 digit volume numbers. Keep in mind also that over 3600 coins are mined per day. This obviously isn't stolen coins. This is a different problem. It's called "nobody is buying". I agree and I think it likely that many stolen coins were sold long ago, and kept prices depressed. There are macroeconomic factors in play also. Relatively less money printing by the central bank, uncertainty on the Ukraine situation, lower wealth effect due to stock market pullback, etc. |
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TERA
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March 17, 2014, 09:27:07 AM |
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If someone buys up to 640, we would be on our way up. People with a stake: buy more or people will start to panic sell as the price gradually slips away
Do you really think that setting the trend of the market is that simple and that us here on this thread have the power to do that? I think there are much bigger and more complicated forces at play and it wont make a difference. |
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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March 17, 2014, 09:33:13 AM |
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If someone buys up to 640, we would be on our way up. People with a stake: buy more or people will start to panic sell as the price gradually slips away
How about I wait until after the panic and get my coins cheaper? The long term value of my stake is determined by fundamentals, not technicals. |
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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March 17, 2014, 09:46:57 AM |
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what stolen coins?
what did I miss?
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dreamspark
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March 17, 2014, 09:54:31 AM |
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Weve been primed to go down for a week or so now, the volumes have been terrible, the bid sum on stamp has gone from $20 million to $12 million (which is the lowest its been in a while). The fact is people arent buying but nobody wants to sell on such low volumes as whats the point when weve been in a $20 range for a week. It makes sense that we go down if you take out the whale that took us from $550 to $710 we would still be at a much more comfortable level and consolidating properly. The recovery from $400 was quick and violent and left people wondering whether that was really it.
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dreamspark
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March 17, 2014, 09:55:20 AM |
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what stolen coins?
what did I miss?
Reffering to gox coins if they were stolen but also to Flexcoin and the otehr exchange that has coins stolen. |
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FTWbitcoinFTW
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March 17, 2014, 09:59:59 AM |
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Weve be.... t was really it.
Nice try But total bullshit |
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dreamspark
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March 17, 2014, 10:01:57 AM |
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Weve be.... t was really it.
Nice try But total bullshit Care to elaborate and add some padding to your opinion? |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 17, 2014, 10:02:09 AM |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 17, 2014, 10:10:53 AM |
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what stolen coins?
what did I miss?
Reffering to gox coins if they were stolen but also to Flexcoin and the otehr exchange that has coins stolen. err, ok. this has nothing to do with stolen coins. nobody is buying, and volume was very low, so this was expected. |
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yrtrnc
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March 17, 2014, 10:25:39 AM |
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This shit is worse than Chinese torture! Are we going up or are we going down!! FUCK SAKE  |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 17, 2014, 10:28:21 AM |
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I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
The 24h volume on bitstamp is still only 4705btc. If stolen coins were actually being sold, then you would start to see 6 digit volume numbers. Keep in mind also that over 3600 coins are mined per day. This obviously isn't stolen coins. This is a different problem. It's called "nobody is buying". I agree and I think it likely that many stolen coins were sold long ago, and kept prices depressed. There are macroeconomic factors in play also. Relatively less money printing by the central bank, uncertainty on the Ukraine situation, lower wealth effect due to stock market pullback, etc. I dont honestly think that stolen coins are being sold now. But why not, the volume has to start somewhere, and the night is young. The only reason why I bring it up is because if the stolen coins are sold on BTCe for examlple, the price could fall well below trend line resistance. |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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March 17, 2014, 10:29:11 AM |
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the more nervous and impatient, the more deep the dip will be |
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FTWbitcoinFTW
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March 17, 2014, 10:39:30 AM |
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Weve be.... t was really it.
Nice try But total bullshit Care to elaborate and add some padding to your opinion? No I've better thing to do than made up some theory to fit my position |
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