windjc
Legendary
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Activity: 2156
Merit: 1070
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April 21, 2014, 09:58:52 AM |
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 uh oh, bouncing off the trend line! Your best hope for a bull market is for someone besides Houbi to start leading. Because an exchange that's difficult to get fiat into is not going to rally us very far. |
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ChartBuddy
Legendary
 Online
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 21, 2014, 10:00:20 AM |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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April 21, 2014, 10:12:15 AM |
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hmm something has happened prolly. this is hyper-active outta nowhere. where is yomofo?
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barbs
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April 21, 2014, 10:12:20 AM |
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Timber?
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 21, 2014, 10:14:22 AM |
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Timber?
Not so sure....... unless there is an explanation, I think it's a bear trap. |
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barbs
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April 21, 2014, 10:18:54 AM |
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Timber?
Not so sure....... unless there is an explanation, I think it's a bear trap. I don't think bears worry as much about traps these days. 339 that's a bear trap |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 21, 2014, 10:19:46 AM |
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Timber?
Not so sure....... unless there is an explanation, I think it's a bear trap. I don't think bears worry as much about traps these days. 339 that's a bear trap have they forgotten the good old days?  |
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dreamspark
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April 21, 2014, 10:20:45 AM |
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This weekend has played out exactly as I thought it would, no real volume no real price movements it was to be expected with a large amount of people on public holidays and generally seeing family etc.
My personal opinion is that with some new fiat on tuesday we could see a little rally especially with Bitstamp having deposits backed up.
Everyones been wondering what happens to Chinese exchanges now but I think we're already starting to see it. Fact is deposits are very hard if not impossible now and the loss of liquidity is real rather than 'priced in ' by traders. If these price levels can be maintained while coins flow back over to the west its a positive sign for me.
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barbs
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April 21, 2014, 10:23:53 AM |
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I've gone bear I think. Obviously I still have some btc but that's only my 3000$ profit from the 339-> 500 move.
Managed to pull out my principle again after losing shitloads to mark fucklese and his confident exchange.. Not willing to buy back with it until this plays out.
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 21, 2014, 10:25:06 AM |
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.... If this was something real, it would be heating up right now, not cooling down. seems to me like it's over.
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niothor
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April 21, 2014, 10:27:12 AM |
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I am waiting to see how the "reported" volume on huobi will change.
If there will be no change there will be a lot of people who will ask themselves why did the the price drop based on the so called china ban.
And until know it seems the volume is untouched.
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dreamspark
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April 21, 2014, 10:29:52 AM |
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I am waiting to see how the "reported" volume on huobi will change.
If there will be no change there will be a lot of people who will ask themselves why did the the price drop based on the so called china ban.
And until know it seems the volume is untouched.
I thought we were working on the presumption that the majority of the volume is fake anyway  |
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CoinRocka
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April 21, 2014, 10:34:21 AM |
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Just read over on reddit that Germany classifies BTC as "private money". This is some good news.
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 21, 2014, 10:35:50 AM |
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this could actually be very bullish if we close the candle green. about 2k BTC were sold on each exchange.
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ShroomsKit
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April 21, 2014, 10:36:25 AM |
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Another China pump and dump is my guess. It will suddenly stop and go down again. This happened how many times now already?
And everybody fell for it again  As always the holders are the only winners here. |
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Broseph Stalin
Member
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Activity: 65
Merit: 10
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April 21, 2014, 10:38:04 AM |
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As long as we don't break $550 on large volume, I will remain bearish. I've readjusted my position from 35/65 to 50/50 (more in fiat now).
Feeling comfortable no matter what happens now. Taking a break from bitcoin and waiting for my alarms to go off (either lower than $400 or higher than $550).
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dreamspark
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April 21, 2014, 10:38:46 AM |
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We must be bored if we're fretting over 5% price movements  |
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CoinRocka
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April 21, 2014, 10:40:03 AM |
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I think your alarms are spot on...its tough to look away from more than an hour though  |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 21, 2014, 10:43:05 AM |
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Another China pump and dump is my guess. It will suddenly stop and go down again. This happened how many times now already?
And everybody fell for it again As always the holders are the only winners here. Three almighty assumptions right there ^^ does everyone include yourself? are the holders the only winners? IS it just another chinese pump and dump? |
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edwardspitz
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April 21, 2014, 10:47:01 AM |
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Another China pump and dump is my guess. It will suddenly stop and go down again. This happened how many times now already?
And everybody fell for it again As always the holders are the only winners here. "As always"... I think that is I exaggerating a bit looking back on the last couple of months I'm holding so far through this (hopefully) mini crisis. If I had more fiat I would buy more coin now. I have been very sceptical about the last mini rallies, but they seem to continue. I think there is a good chance things are turning around. This will take some time though. I definitely feel better about holding these days and I think that is a good sign. |
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