byronbb
Legendary
 Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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June 23, 2014, 12:07:10 AM |
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Difficulty beginning to bubble.  |
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"You Asked For Change, We Gave You Coins" -- casascius
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MoreFun
Legendary
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Activity: 1008
Merit: 1003
WePower.red
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June 23, 2014, 12:09:12 AM |
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When they all will sell the new bubble can start... then all these sellers will come back paying double or triple price. |
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 23, 2014, 12:13:11 AM |
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Again we are testing $600 on Stamp. I am hoping this upcoming week can be strong for us and we can stay upwards of $600
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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June 23, 2014, 12:29:06 AM |
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“Such a return is pretty secure,” Chen said. It’s “virtually riskless.” lol indeed. |
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Nightowlace
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June 23, 2014, 12:35:14 AM |
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$666 by Friday 10am EST
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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June 23, 2014, 12:36:14 AM |
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huobi looks too flat for too long
I don't like this one bit
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MatTheCat
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June 23, 2014, 12:53:07 AM |
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This is amazing, Stamp never veering from $599.99 for days. Nope, no manipulation involved at all. Nope, pure free market, makes perfect sense it should stay that price.  When I complain about price engineering I get reminded that it is a free market and if some whale wants to enforce enough genuine selling pressure to ensure that an asset doesn't rise, and/or enough buying pressure to ensure that it doesn't drop, then that is just dandy. But a few days ago, Bitcoin looked as though it was verging on another strong correction, except the buying support came in and the 38% Fib retracement ($580) held, with a substantial Bid wall having built up on Stamp at the $580 point since then. Price support is engineered every bit as much as resistance. When nobody is selling or buying, then the price aint gonna move much. Similar to the situation back in May, we have the convergence of two trend lines which dissect each other on July 2nd. The resistance trendline is connecting the double top with a few spikes along the $680 high, and the support trendline is a much more significant trendline that has been in force since Jan 2013. Resistance currently around $630. Support around $570. Should the Jan 2013 support line finally be breached after already 3 tests in the past 2 months, then that would confirm that the bull trend since Jan 2013 is over (incase nobody had guessed it) and that we were now well into the corrective Primary ABC wave. If the $680 turns out to be the top of the B Wave, then the $200 range Bitcoin call I made back in March of this year could well come reality. At this point in time, I really don't know what way the wind is going to blow, but as always with these grinding consolidation periods, the break out when it comes should be huge in whichever direction, complete with the Bitcoin 'fake out' that has become so customary, that is almost predictable. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 23, 2014, 01:00:51 AM |
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Patel
Legendary
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Activity: 1321
Merit: 1007
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June 23, 2014, 01:28:39 AM |
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Surprising actually.. I thought he would be somewhere in the 4 figure range. |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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June 23, 2014, 01:29:23 AM |
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Surprising actually.. I thought he would be somewhere in the 4 figure range. Yes, I would have guessed a much higher figure for him as well. |
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JorgeStolfi
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June 23, 2014, 01:35:05 AM |
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Monday 09:30 am in China, and Huobi has as little volume as it had at 03:00 am, or less. Ditto for OKCoin.
AFAIK it is not a holiday in China.
If it was only one of them I could guess that its trading API was being DDOSed. But since it is both, perhaps they all turned off their trade API, so that little that we see is the manual trade, without any robots.
Guessing far out into space: perhaps the surge of accusations about insider trading and leverage abuse at Bitfinex, over this weekend, scared them.
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 23, 2014, 02:00:49 AM |
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JayJuanGee
Legendary
 Online
Activity: 3710
Merit: 10233
Self-Custody is a right. Say no to"Non-custodial"
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June 23, 2014, 02:00:53 AM |
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At this point in time, I really don't know what way the wind is going to blow, but as always with these grinding consolidation periods, the break out when it comes should be huge in whichever direction, complete with the Bitcoin 'fake out' that has become so customary, that is almost predictable.
At this point in time, seems that the market is 85% bull and 15% bear; however, your statement seems to imply that it is a 50/50 flip of the coin. Accordingly, you better get some of you 15BTC worth of fiat into BTC... maybe at least 10BTC worth. Otherwise you may be left at the train station with your suitcase. |
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Habeler876
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June 23, 2014, 02:01:45 AM |
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300 coin dump on Huobi and not even a flinch from any of the exchanges (even Huobi). Looks like this level is pretty well supported. I think we are going to pop upwards pretty soon. Fingers crossed.  |
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10233
Self-Custody is a right. Say no to"Non-custodial"
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June 23, 2014, 02:03:43 AM |
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When they all will sell the new bubble can start... then all these sellers will come back paying double or triple price. If this is true, then they will be burned again when BTC leaves the train station, and they are invested in some Chinese IPO(s) rather than BTC. |
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criptix
Legendary
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Activity: 2464
Merit: 1145
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June 23, 2014, 02:08:46 AM |
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someone can explain the low volume + price rise?
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BTCfan1
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June 23, 2014, 02:11:02 AM |
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someone can explain the low volume + price rise?
large amounts of btc changing hands off of the exchanges? |
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Poll
