mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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August 18, 2014, 03:04:35 PM |
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wow... you have spent too much time on this thread Jorge... you are sounding more and more like a troll lunatic/Bitcointalk.org member/one of us than an academic that anyone would take seriously, shame for you.
The language may be a failed attempt to be funny but the opinion is quite serious. What we saw since May/20 was a sudden rise from ~440$ to ~640 that no one can (or wants to) explain, then seven weeks of wandering around 600$, then a sudden drop back to ~470, that no one can (or wants to) explain either. Why is it absurd to consider all that as a single event? I have proposed a partial explanation: starting May/20, a few people got wind of something that made them buy all they could. Now those people changed their minds, and dumped everything back. So the price got back to where it was. Is this so much sillier than the narwhals(*) that people have been discussing here? (*) a large sea mammal reputed to be a cross between a whale and a unicorn. here is a good explanation for that one: "Dell adding Bitcoin" buy the rumors and sell the news, some insiders already knew this was happening so they bought thinking the price will skyrocket when the news is out and they got caught with disappointment when this didn't happen.... what follow next is the market doing its thing. |
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Schickeria
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Activity: 84
Merit: 10
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August 18, 2014, 03:04:56 PM |
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I have proposed a partial explanation: starting May/20, a few people got wind of something that made them buy all they could. Now those people changed their minds, and dumped everything back. So the price got back to where it was. Is this so much sillier than the narwhals(*) that people have been discussing here?
(*) a large sea mammal reputed to be a cross between a whale and a unicorn.
That's how I see it, too. If manipulation is: Clever players making money with bullish overexcitement, then it's heavy manipulated. Agreed. Business as usual, on all markets, not only bitcoin. |
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ibrahim11
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August 18, 2014, 03:09:05 PM |
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A user on here posted on reddit that he got btc on btc-e for $350!
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Blue
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August 18, 2014, 03:14:35 PM |
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guys i shorted @ $462
that means within the next 48h ~$500 will be breached...
and I will literally lose my shorts or eat them.
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N12
Donator
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Activity: 1610
Merit: 1010
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August 18, 2014, 03:15:45 PM |
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guys i shorted @ $462
that means within the next 48h ~$500 will be breached...
and I will literally lose my shorts or eat them.
Thank you! |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 18, 2014, 03:16:15 PM |
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guys i shorted @ $462
that means within the next 48h ~$500 will be breached...
and I will literally lose my shorts or eat them.
good to know A user on here posted on reddit that he got btc on btc-e for $350!
not the first time btc-e gr8ly overreacts to a swing down... |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 18, 2014, 03:16:46 PM |
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this is horrific
i'm going to go hide in a hole, ill be back...
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T.Stuart
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August 18, 2014, 03:17:30 PM |
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Is this so much sillier than the narwhals(*) that people have been discussing here?
(*) a large sea mammal reputed to be a cross between a whale and a unicorn.
Oh come on Jorge. These are regular whales we're talking about. Everyone knows narwhals don't exist.  |
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N12
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Activity: 1610
Merit: 1010
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August 18, 2014, 03:17:42 PM |
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this is horrific
i'm going to go hide in a hole, ill be back...
Why hide? Sentiment is completely down, the price can bounce now in the short term. Post your trains now, don't post them at >500 if we get there. |
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T.Stuart
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August 18, 2014, 03:19:20 PM |
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Going for big green candles on 4, 6 and 12 hr charts
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Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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August 18, 2014, 03:20:31 PM |
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Is this so much sillier than the narwhals(*) that people have been discussing here?
(*) a large sea mammal reputed to be a cross between a whale and a unicorn.
Oh come on Jorge. These are regular whales we're talking about. Everyone knows narwhals don't exist.  You know they do, right? (I am confused). |
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X7
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Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
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August 18, 2014, 03:21:31 PM |
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With this much market manipulation - what are the chances we will see 399?
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the joint
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Activity: 1834
Merit: 1020
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August 18, 2014, 03:25:43 PM |
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guys i shorted @ $462
that means within the next 48h ~$500 will be breached...
and I will literally lose my shorts or eat them.
Just a word of friendly advice, *never* post your position! Anyone else remember that one dude who posted his leveraged position on Bitcoinica to brag about the ~$24k profit he made, only to be forced out of his position 10 minutes later? |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 18, 2014, 03:27:14 PM |
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guys i shorted @ $462
that means within the next 48h ~$500 will be breached...
and I will literally lose my shorts or eat them.
Just a word of friendly advice, *never* post your position! Anyone else remember that one dude who posted his leveraged position on Bitcoinica to brag about the ~$24k profit he made, only to be forced out of his position 10 minutes later? I AM MAX LEVERAGE SHORT somone wana squeeze me? please?  |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 18, 2014, 03:33:30 PM |
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weren't you bears thinking 490-480 was a breaking point which would lead to fast crash to 350?
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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August 18, 2014, 03:34:43 PM |
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weren't you bears thinking 490-480 was a breaking point which would lead to fast crash to 350?
don't you think it is too early for celebration ? |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 18, 2014, 03:38:03 PM |
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weren't you bears thinking 490-480 was a breaking point which would lead to fast crash to 350?
don't you think it is too early for celebration ? i'm not celebrating. just asking this is indeed the sentiment isn't |
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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August 18, 2014, 03:40:02 PM |
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A user on here posted on reddit that he got btc on btc-e for $350!
It went down to 309. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 18, 2014, 03:40:40 PM |
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did someone forget to crash virtex properly? oh ya that would be my job... hopefully i muster up the balls to send more fiat later. |
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Tzupy
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Activity: 2128
Merit: 1074
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August 18, 2014, 03:41:51 PM |
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weren't you bears thinking 490-480 was a breaking point which would lead to fast crash to 350?
Not me, I still believe that support should hold, even if it was pierced at 442$ on Bitstamp. I would be surprised by a fast crash to 350$, and would have to reconsider my analysis. That crash should come after the rebound, and could be some 15 - 20 days from now, in my current favorite scenario. |
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