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magicmexican
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March 30, 2014, 09:07:11 AM |
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stamp is drunk or something
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chessnut
Legendary
 Offline
Activity: 924
Merit: 1001
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March 30, 2014, 09:16:20 AM |
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How do you test if a rumour is true?
sell 1k coins. hits a bottom? the insiders are buying - then proceed to buy all the coins you can get your hands on.
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JayJuanGee
Legendary
Offline
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
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March 30, 2014, 09:29:43 AM |
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How do you test if a rumour is true?
sell 1k coins. hits a bottom? the insiders are buying - then proceed to buy all the coins you can get your hands on.
The punchline seems to be that at this time no one really knows for sure whether we are dropping more or NOT... I just bought.. so I am happy for a while... until Sub $450 (if so). I'm gonna go to sleep, and maybe I will wake up at $540, but I anticipate that I will wake up to continued hovering in the sub $500 territory between $480 and $500 - just a guess... I am NOT going to set my BTC price alarms ... b/c I need my beauty sleep... and if it flash crashes below $450, and I miss it, OH well. I'm running out of fiat, anyhow. |
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bangersdad
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March 30, 2014, 09:30:22 AM |
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i can confirm KFR was being sarcastic with his comment - this has also been confirmed by Proudhon.
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Davyd05
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March 30, 2014, 09:41:12 AM |
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How do you test if a rumour is true?
sell 1k coins. hits a bottom? the insiders are buying - then proceed to buy all the coins you can get your hands on.
not seeing the rumor hitting reddit, yet. However I assume once that happens all the chikun will show there colors. The recent action does strengthen arguments that many of the Chinese maybe holding bitcoin for its speculative value. If the speculators outside of China expect a dump I would assume liquidity would appear to dry up as the market wants the cheapest price possible to soak up the fiat held for trading. I assume the orders become trigger limits with the bots and other people just responding to TA. This is somewhat supported by wave in to the 520s, buying up at what they consider close enough to a bottom. If whales or market makers feel there aren't enough coins being sacrificed by weaker hands the pump probably resumes as it would make them money offloading on the way up and again waiting for something they can manipulate the speculators to move with the market on and then the sheeple into selling on fear. |
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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March 30, 2014, 10:00:42 AM |
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I really don't think I'm guilty of conducting a concerted effort to direct any vitriol towards him.
Indeed, I hope we can just stop here. You hope? If not, are you ready to initiate physical violence against someones person? This is unclear to me. |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 30, 2014, 10:00:46 AM |
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ShroomsKit
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March 30, 2014, 10:08:29 AM |
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Ah a huge dump. What else would one do when hearing good news.
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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March 30, 2014, 10:18:03 AM |
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As for getting a coin, I would rather not invest in bitcoin, but will use it for payments if I find it is better than the alternatives. Would that do?
No. That is for the masses, those uninterested in the phenomenon. Set up a wallet, get some coin fraction, pay something to yourself. |
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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March 30, 2014, 10:25:31 AM |
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We - there seem to be some buyers out there.
Sunday evening rise likely?
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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March 30, 2014, 10:27:11 AM |
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Bullwhales are waking up on Bitstamp:  Someone dumped 1000 BTC and right after that, a buy order of 32000 BTC was triggered!!! WTF |
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dreamspark
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March 30, 2014, 10:31:45 AM |
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Been away for a week on holiday and managed not to be tempted to look at the BTC price for a week. Is there anything in particular that has us wallowing sub $500? Ive tried to catch up on the news but can't seem to find anything particularly bad  |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 30, 2014, 10:32:50 AM |
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that is a bug.
no one bought 30 k of coinsl
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 30, 2014, 10:33:46 AM |
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Bullwhales are waking up on Bitstamp: Someone dumped 1000 BTC and right after that, a buy order of 32000 BTC was triggered!!! WTF I cant see the volume on BTC wisdom, well not 32k.... but funny that should happen How do you test if a rumour is true?
sell 1k coins. hits a bottom? the insiders are buying - then proceed to buy all the coins you can get your hands on.
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Hypnoise
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March 30, 2014, 10:35:27 AM |
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Ah a huge dump. What else would one do when hearing good news.
stay in fiat |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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March 30, 2014, 10:37:25 AM |
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Bullwhales are waking up on Bitstamp: Someone dumped 1000 BTC and right after that, a buy order of 32000 BTC was triggered!!! WTF I think there's a bug on bitcoinwisdom. I've seen extreme volume at times which disappear when I reload.  |
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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March 30, 2014, 10:37:43 AM |
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it was on the 1 minute chart
edit: reloaded, indeed. It was a bug
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Pruden
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March 30, 2014, 10:39:57 AM |
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Awesome tape-painting, with a sell every second for a minute.  |
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ShroomsKit
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March 30, 2014, 10:40:42 AM |
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Been away for a week on holiday and managed not to be tempted to look at the BTC price for a week. Is there anything in particular that has us wallowing sub $500? Ive tried to catch up on the news but can't seem to find anything particularly bad A rumour. Just a rumour. That's all it takes to drop 100's. |
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