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Davyd05
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June 26, 2014, 10:14:40 PM |
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Funny after all this reading until I read the Bitstamp piece by Forbes. I didn't know when the coin auction was going to take place lol.
I kind of agree with the idea of a bulltrap, psychopaths aren't the ones feeling pressures its uninformed investors. Logically speaking fearing a below market rate sales at the auction is sound, until we remember these are bitcoins. Not cars, houses and jewelery reprocessed from crime lords.
I find it odd that they want to sell them, I think it is more or less them being stuck in the belief that Bitcoin can't destroy the glass house that is Fiat currencies.
What would a million U.S dollars fetch at a U.S Marshall auction, silly question would they even sell gold bouillon if it was reprocessed or just hold on to it? The only reason I think BMR is achievable is the sheer size of coins being sold.
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windjc
Legendary
 Offline
Activity: 2156
Merit: 1070
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June 26, 2014, 10:18:22 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
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kireinaha
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June 26, 2014, 10:36:18 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
What kind of time frame are you looking at for the release of this kinetic energy buildup? $600 by tomorrow morning? |
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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June 26, 2014, 10:39:50 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
What kind of time frame are you looking at for the release of this kinetic energy buildup? $600 by tomorrow morning? what kinetic energy? the volume is going down. I expect dumps soon. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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June 26, 2014, 10:46:46 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
What kind of time frame are you looking at for the release of this kinetic energy buildup? $600 by tomorrow morning? Yes, I think this is possible for sure. Certainly by the end of the day tomorrow. There are now only 1000 BTC on Bitfinex to get to $600. People have been scratching their heads about why the price hasn't gone up despite the increase in swaps taken out. Well, you are all about to find out. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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June 26, 2014, 10:47:41 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
What kind of time frame are you looking at for the release of this kinetic energy buildup? $600 by tomorrow morning? what kinetic energy? the volume is going down. I expect dumps soon. Selling stopped yesterday. The longs are waiting for the first major move upward, then all hell is going to break out upwards. |
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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June 26, 2014, 10:55:06 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
What kind of time frame are you looking at for the release of this kinetic energy buildup? $600 by tomorrow morning? what kinetic energy? the volume is going down. I expect dumps soon. Maybe you want to rewind to May the 20th and see how similar the situation looked back then. No volume for days on end and then suddenly bam volume shot up and price went from 445 to 680 in 12 days. Now this doesn't guarantee the same will happen again but it is surely not unlikely. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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June 26, 2014, 10:58:45 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
What kind of time frame are you looking at for the release of this kinetic energy buildup? $600 by tomorrow morning? what kinetic energy? the volume is going down. I expect dumps soon. Maybe you want to rewind to May the 20th and see how similar the situation looked back then. No volume for days on end and then suddenly bam volume shot up and price went from 445 to 680 in 12 days. Now this doesn't guarantee the same will happen again but it is surely not unlikely. Yep. Even Fonzie is bullish right now. |
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Tyson95
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June 26, 2014, 10:58:56 PM |
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US govt gonna do a 10k market buy at midnight tonight.
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 26, 2014, 11:00:45 PM |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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June 26, 2014, 11:07:34 PM |
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what kinetic energy?
the volume is going down. I expect dumps soon.
Maybe you want to rewind to May the 20th and see how similar the situation looked back then. No volume for days on end and then suddenly bam volume shot up and price went from 445 to 680 in 12 days. Now this doesn't guarantee the same will happen again but it is surely not unlikely. Yep. Even Fonzie is bullish right now. I don't think that Fonzie being bullish is that good of a sign really, I feel much more comfortable holding coins when he is short.  |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1011
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June 26, 2014, 11:08:20 PM |
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empowering
Legendary
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Activity: 1092
Merit: 1442
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June 26, 2014, 11:10:01 PM |
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It is just a shot away.
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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June 26, 2014, 11:11:46 PM |
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The coil is wrapping tighter. Get ready for the upward spring ladies and gents.
What kind of time frame are you looking at for the release of this kinetic energy buildup? $600 by tomorrow morning? what kinetic energy? the volume is going down. I expect dumps soon. Maybe you want to rewind to May the 20th and see how similar the situation looked back then. No volume for days on end and then suddenly bam volume shot up and price went from 445 to 680 in 12 days. Now this doesn't guarantee the same will happen again but it is surely not unlikely. Yep. Even Fonzie is bullish right now.  |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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June 26, 2014, 11:12:25 PM |
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Isn't that the same guy who went leveraged long at $660 and is still holding on to it? Not that I don't agree with that chart but he really had an off-day then if he is supposed to be the best day trader there lol. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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June 26, 2014, 11:12:37 PM |
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COULD NOT GET ANY MORE BULLISH HOW THE FUCK COULD IT GET ANY MORE BULLISH!?!?!?!?!?!?! Do we need Jesus to come down and endorse bitcoin?! He sounds kind of desperate. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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June 26, 2014, 11:13:47 PM |
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Not sure if it's actually the same guy. I think "Idiot McMargincall" just quoted the tradingview guy, kinda like a rallying cry. (emphasis on "crying") |
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Torque
Legendary
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Activity: 3822
Merit: 5504
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June 26, 2014, 11:14:39 PM |
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COULD NOT GET ANY MORE BULLISH HOW THE FUCK COULD IT GET ANY MORE BULLISH!?!?!?!?!?!?! Do we need Jesus to come down and endorse bitcoin?! He sounds kind of desperate. Instead of posting that, and since you are a TA guru, why don't you give us a rundown of his TA indicators and tell us why he's wrong? Or are you really a bear troll in disguise?  |
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kireinaha
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June 26, 2014, 11:15:22 PM |
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If we can continue this climb or even maintain the $580 level without any huge sell offs, we might actually be going somewhere this time!
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