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Davyd05
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May 17, 2014, 11:08:39 AM |
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Another day, again no movement...
which means the bearish pressure remains to hold off...maybe there loading up for the final dump.. maybe the bulls are just eating the coins to quickly. |
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edwardspitz
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May 17, 2014, 12:00:04 PM |
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Another day, again no movement...
which means the bearish pressure remains to hold off...maybe there loading up for the final dump.. maybe the bulls are just eating the coins to quickly. I think the market has just been taking a little break before trying to break through resistance again. The average price has already started to move up a bit. I don't see the market responding very well to positive news. If someone manages to come up with some convincing bad news that could be decisive. I'm sure we will know more Monday morning. |
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ChartBuddy
Legendary
 Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 17, 2014, 12:00:45 PM |
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Teppino
Full Member
Offline
Activity: 139
Merit: 100
bitcoin hates walls
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May 17, 2014, 12:57:15 PM |
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meanwhile we're less than 2$ from breaking upper log trendline from november
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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May 17, 2014, 01:00:13 PM |
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to me the market seems really exhausted, buyers waiting for another crash or maybe doesn't have anymore money to dump into the market, or no buyers at all... but most sellers seems to be done dumping. now it is the patience game, the next wave of adoption has to start buying in soon or the previous adopters (not to mention earlier adopters) will start loosing faith and get sick and start cashing out some of their early investments.
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 17, 2014, 01:00:44 PM |
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Bagatell
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May 17, 2014, 01:03:24 PM |
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I see a tiny green shoot - Bitfinex 1hr chart  |
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edwardspitz
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May 17, 2014, 01:04:31 PM |
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meanwhile we're less than 2$ from breaking upper log trendline from november
Yes, and Stamp is currently $2 below the average price Come on Stamp we can't move without you! |
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RandomPedestrianN9
Member
Offline
Activity: 84
Merit: 10
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May 17, 2014, 01:05:03 PM |
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Speaking of Bitfinex - 8k to 500 and 8k to 350
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 17, 2014, 02:00:44 PM |
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niothor
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May 17, 2014, 02:05:35 PM |
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meanwhile we're less than 2$ from breaking upper log trendline from november
Yes, and Stamp is currently $2 below the average price Come on Stamp we can't move without you! It's a sunny weekend , probably stamp is having a beer and doesn't give a damn about 2$ |
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edwardspitz
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May 17, 2014, 02:09:37 PM |
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meanwhile we're less than 2$ from breaking upper log trendline from november
Yes, and Stamp is currently $2 below the average price Come on Stamp we can't move without you! It's a sunny weekend , probably stamp is having a beer and doesn't give a damn about 2$ He he. And this is why we go down. All the way down |
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niothor
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May 17, 2014, 02:13:50 PM |
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meanwhile we're less than 2$ from breaking upper log trendline from november
Yes, and Stamp is currently $2 below the average price Come on Stamp we can't move without you! It's a sunny weekend , probably stamp is having a beer and doesn't give a damn about 2$ He he. And this is why we go down. All the way down All the way down? Are you sure we're talking about btc price ? |
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rezurect
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May 17, 2014, 02:18:05 PM |
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I've hodled through 6 months of Bear Fart,
I pray, the Gods of June will make it worth the wait.
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niothor
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May 17, 2014, 02:23:17 PM |
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I've hodled through 6 months of Bear Fart,
I pray, the Gods of June will make it worth the wait.
=)))) That made me laugh. Be carefully , lots of berries getting ripe in the forest so they might have enough ammo for another round of farts . |
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segeln
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May 17, 2014, 02:23:49 PM |
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I've hodled through 6 months of Bear Fart,
I pray, the Gods of June will make it worth the wait.
same for me |
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edwardspitz
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May 17, 2014, 02:25:03 PM |
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meanwhile we're less than 2$ from breaking upper log trendline from november
Yes, and Stamp is currently $2 below the average price Come on Stamp we can't move without you! It's a sunny weekend , probably stamp is having a beer and doesn't give a damn about 2$ He he. And this is why we go down. All the way down All the way down? Are you sure we're talking about btc price ? Yes I was referring to btc price. If bulls don't seize opportunities when they arise, then surely price will go down. The good news doesn't seem to move the market, but I'm fairly sure that bad news will. |
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niothor
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May 17, 2014, 02:27:03 PM |
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Yes I was referring to btc price. If bulls don't seize opportunities when they arise, then surely price will go down. The good news doesn't seem to move the market, but I'm fairly sure that bad news will.
But the term "all the way" usually means 0 level.Do you really think we are going all the way down? Might have to label you a permabear also . |
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RandomPedestrianN9
Member
Offline
Activity: 84
Merit: 10
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May 17, 2014, 02:28:02 PM |
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Last trade on Bitstamp: (simplified)
a minute ago
28 minutes ago
35 minutes ago
an hour ago
an hour ago
an hour ago
an hour ago
2 hours ago
Average Joes are killing each other over BTC.
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calmindifference
Member
Offline
Activity: 91
Merit: 10
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May 17, 2014, 02:29:37 PM |
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beware, last time volume was this low was March 15
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