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dreamspark
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May 15, 2014, 09:50:44 AM |
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The bulls BIG accomplishment these last 5 months is grinding the bear market to a halt and destroying any opportunity to trade.
Now we can just sit here for several weeks (months) and stare at each other until we all eventually leave and move on to other things.
Thanks Obama Bulls!
Sorry that the market didnt dump to $10, will make sure next time there's a downtrend that everyone sells everything  |
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dreamspark
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May 15, 2014, 09:51:47 AM |
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Also, did anything ever come of the Bitpay announcement ?
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Hunyadi
Legendary
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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May 15, 2014, 09:53:58 AM |
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Asrael999
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May 15, 2014, 09:55:24 AM |
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I thought Stamp was supposed to go to $5 minimum today? So why are all these $1 trades trickling through bitcoinwisdom?
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Hunyadi
Legendary
Offline
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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May 15, 2014, 09:59:23 AM |
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I thought Stamp was supposed to go to $5 minimum today? So why are all these $1 trades trickling through bitcoinwisdom?
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ChartBuddy
Legendary
 Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 15, 2014, 10:00:47 AM |
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calmindifference
Member
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Activity: 91
Merit: 10
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May 15, 2014, 10:03:16 AM |
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This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.
Fiat is trickling, not flooding in. It's not a rocket, it's a Zimmer frame. But it might finally be heading in the right direction. The question is can the fiat trickle cover the proportion of 4000+ BTC mined daily that are sold |
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Hunyadi
Legendary
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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May 15, 2014, 10:07:04 AM |
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This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.
Fiat is trickling, not flooding in. It's not a rocket, it's a Zimmer frame. But it might finally be heading in the right direction. The question is can the fiat trickle cover the proportion of 4000+ BTC mined daily that are sold 4000+ ?! Easily!  |
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dreamspark
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May 15, 2014, 10:34:02 AM |
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Actually your wrong about that. See: https://bitcointalk.org/index.php?topic=229438.msg6719122#msg6719122That spike to 12k BTC shorts that your working from was due to someone trying to raise the interest rate. The real number of shorts closed is more like 1000BTC at best. Its like what I was trying to say to windjc yesterday, BTC swaps != actual shorts. |
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Teppino
Full Member
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Activity: 139
Merit: 100
bitcoin hates walls
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May 15, 2014, 10:36:09 AM |
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We are less than 10$ from breaking that long term logaritmic upper trendline
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Barney
Full Member
Offline
Activity: 170
Merit: 100
RevolverCoin dev
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May 15, 2014, 10:37:37 AM |
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Close to log trendline on Huobi. New China FUD must be prepared as we speak  |
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FlyingLotus
Newbie
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Activity: 47
Merit: 0
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May 15, 2014, 10:39:12 AM |
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Aha indeed.
Will it work this time though?
Expecting Shroomskit in 3..2..1..
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Hunyadi
Legendary
Offline
Activity: 1281
Merit: 1000
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May 15, 2014, 10:40:20 AM |
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Aha indeed.
Will it work this time though?
Expecting Shroomskit in 3..2..1..
It is not going to work this time... |
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Mythul
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May 15, 2014, 10:58:55 AM |
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Nice to see that the price is going up |
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ChartBuddy
Legendary
Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 15, 2014, 11:00:47 AM |
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dreamspark
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May 15, 2014, 11:05:39 AM |
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The bid sum has increased ~ $1.2mm in the last day or so.  |
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ZephramC
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May 15, 2014, 11:07:17 AM |
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You guys fail at math.
He's saying that he has more bitcoin than 99.9% of the people in the world, in other words he has more bitcoin than 6 993 000 000 other persons, and probably more.
In fact the figures are even more in his favor as there's probably less than 7 000 000 bitcoin users, but for his initial statement to be true (he owns more bitcoin than 99.9% of the world population combined) only less than 7 000 000 need to own bitcoin.
And if he has at least 0.1 btc there are at most 500k people richer than him in btc terms  > Those numbers can make even the smaller BTC holder feel a bit better. Suddenly, I feel better. |
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TERA
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May 15, 2014, 11:10:22 AM |
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Well well well, it would seem that the effect of Chinese events and Chinese trade is in fact proportional to China's volume after all. There have actually been many pieces of bad Chinese news in the past weeks which have failed to result in new lows or sometimes even a reaction at all. Meanwhile the volume of chinese exchanges has dwindled to about 1/3 of what it used to be. I suppose, barring a complete shutdown of the Chinese exchanges, we will need to see some news on an entirely different subject to continue the downtrend.
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Ultros
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May 15, 2014, 11:13:29 AM |
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Well well well, it would seem that the effect of Chinese events and Chinese trade is in fact proportional to China's volume after all. There have actually been many pieces of bad Chinese news in the past weeks which have failed to result in new lows or sometimes even a reaction at all. Meanwhile the volume of chinese exchanges has dwindled to about 1/3 of what it used to be. I suppose, barring a complete shutdown of the Chinese exchanges, we will need to see some news on an entirely different subject to continue the downtrend.
Is that a bullish comment? I'm not entirely sure. TERA's reversals are as subtles as market's reversals. |
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