ChartBuddy
Legendary
 Offline
Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 25, 2014, 10:01:07 PM |
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ShroomsKit
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June 25, 2014, 10:04:06 PM |
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seriously puzzled by the selling pressure, oh well more for me.
Someone wants to short on Finex I think... more like, someone wants to cover their short at the best possible price, before it is too late. monkey says the next 3 hours look grim. I'm gonna have to put you on ignore. That monkey nonsense is annoying as hell. |
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Davyd05
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June 25, 2014, 10:05:05 PM |
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seriously puzzled by the selling pressure, oh well more for me.
I know it's hard to believe some people want to let their bitcoins go, but it happens. I mean the 51% business, and the auction are enough for some selling. It feels similar to the front run on China fud, which was for the most part just a game of whack a mole with deposit method and chains. Just do your part and drink a 24 of beer. |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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June 25, 2014, 10:14:44 PM |
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Hmmm  Hohohoho! |
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JimboToronto
Legendary
Offline
Activity: 4172
Merit: 4816
You're never too old to think young.
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June 25, 2014, 10:17:07 PM |
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Man, this non stop dumping...
Hilarious isn't it? Kinda pathetic though. No big deal. I wasn't planning on spending any satoshis tonight. They don't take bitcoin for beer at the Skydome and I won't be stopping at Grossman's Tavern where they do accept Bitcoin. Maybe I'll stop in at Bitcoin Decentral on the way down and buy some while the price is artificially low. Every day's a good day to buy more bitcoins. |
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ShroomsKit
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June 25, 2014, 10:19:57 PM |
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Man, this non stop dumping...
Hilarious isn't it? Kinda pathetic though. No big deal. I wasn't planning on spending any satoshis tonight. They don't take bitcoin for beer at the Skydome and I won't be stopping at Grossman's Tavern where they do accept Bitcoin. Maybe I'll stop in at Bitcoin Decentral on the way down and buy some while the price is artificially low. Every day's a good day to buy more bitcoins. Yeah after one year i've started buying some here and there again. |
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TERA
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June 25, 2014, 10:26:10 PM |
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Man, this non stop dumping...
The dumping is not really that bad actually. It is the lack of buying which is causing the decrease. Stamp and finex each have about 10k volume and btce has 5k... |
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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June 25, 2014, 10:29:32 PM |
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some known early adopters are dumping, and many other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.
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akujin
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June 25, 2014, 10:30:02 PM |
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Here goes finex again, trying to pull the price up  |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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June 25, 2014, 10:33:37 PM |
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Well the price on localbitcoins is always a bit higher because sales take a while there usually and the sellers do not want to risk a sudden price increase leaving them unable to rebuy.
But, a blind auction means that people can not see the other bets, and people who want to really buy a lot of bitcoins without risking to lose their money on an exchange (especially after the mt gox fiasco) may actually bid more than what bitcoins are worth on bitstamp, just to be sure to get the bitcoins.
I am 95% sure we will see a price above the current bitstamp price. And i expect it to be at least 5% higher.
But not much more than 20% or so, most likely.
That still leaves a range of about 612 to 700 or so
I agree. Opinion is divided on this. Some will think it is a fast, safe way to get a large amount of bitcoins. If they do, the lower bids will not be relevant. |
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BBmodBB
Full Member
Offline
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
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June 25, 2014, 10:35:22 PM |
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seriously puzzled by the selling pressure, oh well more for me.
it has something to do with the auction ...obviously!  |
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smiley123
Member
Offline
Activity: 101
Merit: 10
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June 25, 2014, 10:38:16 PM |
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iram3130
Legendary
Offline
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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June 25, 2014, 10:40:35 PM |
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seriously puzzled by the selling pressure, oh well more for me.
it has something to do with the auction ...obviously! Market will not move further till this auction finish, this auction really pushing market downside so whale will buy Silkroad coin more cheaper. |
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bitgeek
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June 25, 2014, 10:46:30 PM |
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seriously puzzled by the selling pressure, oh well more for me.
it has something to do with the auction ...obviously! Market will not move further till this auction finish, this auction really pushing market downside so whale will buy Silkroad coin more cheaper. I read they are going to be sold at least on or above the market price. Nobody's getting anything cheaper. Also anybody buying these aren't just going to dump it next day, they are smarter than that. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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June 25, 2014, 10:47:44 PM |
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some known early adopters are dumping, and many other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.
Bitcoin days destroyed says differently. So please shut up. Hows litecoin doing, btw? |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
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June 25, 2014, 10:49:45 PM |
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some known early adopters are dumping, and many other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.
You betcha. Peter Todd dumped at LEAST five figures. Dollars, that is. |
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Wary
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June 25, 2014, 10:50:33 PM |
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How real is volume that is generated by 0% fees? We have to account for that.
Personally, I've only observed Bitstamp leading and Huobi following it reluctantly. I don't know why some perceive the opposite.
Well, despite of 0% fees, the trading is not completely free for traders: there is still some slippage. |
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lay785
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June 25, 2014, 10:51:26 PM |
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just waiting for bitfinex stop loss trades to activate for a full on crash.
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MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
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June 25, 2014, 10:51:40 PM |
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some known early adopters are dumping, and many other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.
You are losing faith because you won't be able to 10x your money in a few months? |
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