Richy_T
Legendary
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Activity: 2870
Merit: 2614
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 15, 2014, 01:59:03 PM |
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And you dont get that feeling when reading Shroomskit replies?
Usually I get this image. It helps if you do the voice in your head. 
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jonoiv
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April 15, 2014, 01:59:25 PM |
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Trains....
Trains everywhere...
Can't see any to be honest :p 
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ChartBuddy
Legendary
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 15, 2014, 02:00:20 PM |
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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April 15, 2014, 02:02:42 PM |
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I am such a sucker sometimes, lol I shorted 20 NMC from 625 thinking I am shorting 20 BTC of NMC, lol. And I was wondering how the hell my profit was so small  At least 500$ profit missed, I need to get slapped sometimes.
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pixl8tr
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April 15, 2014, 02:03:07 PM |
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Trains....
Trains everywhere...
Can't see any to be honest :p True that. Just the Bot's ticking away on Bit Stamp.
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dreamspark
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April 15, 2014, 02:04:01 PM |
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I am such a sucker sometimes, lol I shorted 20 NMC from 625 thinking I am shorting 20 BTC of NMC, lol. And I was wondering how the hell my profit was so small  At least 500$ profit missed, I need to get slapped sometimes. lol thats one to learn from 
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dropt
Legendary
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Activity: 1512
Merit: 1000
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April 15, 2014, 02:04:14 PM |
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The price will go down, because this spike wasn't caused by new money entering the system, but by moving around of some money that was already in the system. And it's not a lot that's in, so it was only a matter of time when the rise gets exhausted and starts to fall back. I think that we will see some low volume aftershock waves today, and maybe even tomorrow, but it won't be long when the price drops back to sub 400. As long as there isn't new money coming in, then it's a bad call to just sit on BTC. Only thing to hope for is that the drop will be fast and not slow and ugly, like it has been for the past months.
What's this concern with the money entering the system being "new"? It's as if you think all of the people who cashed out during the double ATH withdrew to their fiat accounts and have washed their hands of Bitcoin. There is a lot of money on the sidelines. By the sounds of it, my advice to you would be to sell all of your coins and never come back. Surely it's the end of Bitcoin since no new money is coming in and it's going to be a slow grind downwards. The peanuts you'll earn trading isn't worth the risk of losing your capital. Just leave now and keep your money safe.
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dreamspark
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April 15, 2014, 02:07:12 PM |
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There is also a lot less money kept on exchanges after the Gox situation so more trades are dont off exchange or people only tranfer their fiat when they are ready to buy. There is plenty of cash in and around BTC
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niothor
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April 15, 2014, 02:07:42 PM |
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Trains....
Trains everywhere...
Can't see any to be honest :p Some people do live close to railway stations 
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 15, 2014, 02:08:47 PM |
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I am such a sucker sometimes, lol I shorted 20 NMC from 625 thinking I am shorting 20 BTC of NMC, lol. And I was wondering how the hell my profit was so small  At least 500$ profit missed, I need to get slapped sometimes. lol thats one to learn from  It was my best chance to make some money today or at least not to lose as I went to bed last night with some 480s shorts, and completely missed the rally. Jeez, I need new brain these day, this one was burnt by crypto already 
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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April 15, 2014, 02:10:07 PM |
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There is a lot of money on the sidelines.
From exposure to financial media, I've learned to react "liar!" when I hear that. But in the case of BTC, it is very very true.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 15, 2014, 02:11:02 PM |
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The price will go down, because this spike wasn't caused by new money entering the system, but by moving around of some money that was already in the system. And it's not a lot that's in, so it was only a matter of time when the rise gets exhausted and starts to fall back. I think that we will see some low volume aftershock waves today, and maybe even tomorrow, but it won't be long when the price drops back to sub 400. As long as there isn't new money coming in, then it's a bad call to just sit on BTC. Only thing to hope for is that the drop will be fast and not slow and ugly, like it has been for the past months.
What's this concern with the money entering the system being "new"? It's as if you think all of the people who cashed out during the double ATH withdrew to their fiat accounts and have washed their hands of Bitcoin. There is a lot of money on the sidelines. By the sounds of it, my advice to you would be to sell all of your coins and never come back. Surely it's the end of Bitcoin since no new money is coming in and it's going to be a slow grind downwards. The peanuts you'll earn trading isn't worth the risk of losing your capital. Just leave now and keep your money safe. Exactly, I withdrew maybe 5% of my ATH gains from last bubble. All other is in crypto or in fiat on exchanges.
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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April 15, 2014, 02:12:55 PM |
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And you dont get that feeling when reading Shroomskit replies?
Usually I get this image. It helps if you do the voice in your head.  Do you think Shroomsy has the brain the size of a planet? It's not easy when you have the brain the size of a planet..... <Marvin voice
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akujin
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April 15, 2014, 02:15:56 PM |
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kehtolo
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April 15, 2014, 02:17:41 PM |
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Haha! 
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p0peji
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April 15, 2014, 02:17:51 PM |
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Lol and Huobi is pulling some more fake trades out of their ass to prevent a slaughter.
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rjp55
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April 15, 2014, 02:21:01 PM |
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Lol and Huobi is pulling some more fake trades out of their ass to prevent a slaughter.
Says the guy who shorted and is desperately watching for the price to drop.
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ShroomsKit
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April 15, 2014, 02:33:05 PM |
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So you've come out of your own thread to do some manipulating here. The sad part is some noobs here will actually fall for it. They don't realize what a mentally ill narcissistic manipulating troll you are. For the new guys here any advice this looney offers is for his own gains. I can guarantee you that.
You really think a single thread on a bitcoin forum can manipulate the global bitcoin price? LMAO. Huh? No of course not. Are you stupid?
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rudius
Member

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Activity: 84
Merit: 10
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April 15, 2014, 02:35:56 PM |
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Lol and Huobi is pulling some more fake trades out of their ass to prevent a slaughter.
they are more likely absorbing the supply before breaking the wedge for good. They look really hungry. Another round for a short squeeze. That will be entertaining.
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EuroTrash
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April 15, 2014, 02:38:14 PM |
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What happens when the triangle on Huobi closes? Fireworks?
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