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edwardspitz
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September 21, 2014, 10:19:44 PM |
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Someone is shorting at 398 on Bitfinex using a hidden ask order. 100 BTC so far.
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Pala_00
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September 21, 2014, 10:25:46 PM |
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Valerian77
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September 21, 2014, 10:26:29 PM |
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we are not on the verge of any bubble...
at best we'll be able to hold 400, then have a decent rally.
I disagree and I will tell you why: Bubbles of days gone by were formed when lots of new blood came in to buy coins. New blood typically gets attracted when the price starts going up. It is a positive feedback loop. As for the situation right now I am very confident that we have the most "organic" Bitcoin use right now than ever before. ... It doesn't matter if the price crashes to $300 or below, the bubble is coming and nothing will stop it. In fact lower prices may just bring more people into the game because they want to buy in low... which will add more fire to the explosion. good analysis. but remember that all people coming in now and surge the transaction rate are also out with the same speed. |
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adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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September 21, 2014, 10:27:14 PM |
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399. So Close
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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September 21, 2014, 10:28:23 PM |
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we are not on the verge of any bubble...
at best we'll be able to hold 400, then have a decent rally.
I disagree and I will tell you why: Bubbles of days gone by were formed when lots of new blood came in to buy coins. New blood typically gets attracted when the price starts going up. It is a positive feedback loop. As for the situation right now I am very confident that we have the most "organic" Bitcoin use right now than ever before. ... It doesn't matter if the price crashes to $300 or below, the bubble is coming and nothing will stop it. In fact lower prices may just bring more people into the game because they want to buy in low... which will add more fire to the explosion. good analysis. but remember that all people coming in now and surge the transaction rate are also out with the same speed. its probably not the newbies shopping with bitcoin. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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September 21, 2014, 10:34:59 PM |
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taking back 400 isnt exactly easy peasy, but she's looking good.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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September 21, 2014, 10:58:43 PM |
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fake wall was fake. I was gonna buy his wall but then a few tiny fish took bites, and turns out it was fake... |
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fonzie
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September 21, 2014, 11:00:03 PM |
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fake wall was fake.
Wall was real and got market sold down to 390$ @Stamp |
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lay785
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September 21, 2014, 11:00:49 PM |
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fake wall was fake.
Wall was real and got market sold down to 390$ @Stamp Good eye. I saw it as well. |
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ChartBuddy
Legendary
Offline
Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 21, 2014, 11:01:25 PM |
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yokosan
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September 21, 2014, 11:15:32 PM |
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$400 - 幸せ
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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September 21, 2014, 11:18:27 PM |
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It's good!
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MoreFun
Legendary
Offline
Activity: 952
Merit: 1003
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September 21, 2014, 11:31:55 PM |
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Week could be closing at $400.00 (stamp).
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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September 21, 2014, 11:34:27 PM |
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10,856 shorts  and longs went down today. pretty sure poeple at bitfinex don't have a clue what they're doing... |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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September 21, 2014, 11:41:44 PM |
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CYSMF
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JayJuanGee
Legendary
Offline
Activity: 4158
Merit: 12607
Self-Custody is a right. Say no to "non-custodial"
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September 21, 2014, 11:44:03 PM |
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Week could be closing at $400.00 (stamp).
It seems that my prediction from 90 minutes ago about "NEVER again $400 was wrong?" Bitcoin may NOT be dead, hm? I may have to reconsider and talk to lil doggie (she's engaged in self-grooming at the moment, so I don't want to bother her), or attempt to bring in Aminorex's monkey for a more reliable reading on future BTC price situation? |
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gnode
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September 21, 2014, 11:44:11 PM |
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taking back 400 tonight would be very encouraging
We are NEVER gonna see $400 again, EVER. CUT YOUR LOOSE!!!!!!!!!We are Never gonna see $399 again, EVER. CUT YOUR GOOSE!!!!!!!!! |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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September 21, 2014, 11:55:50 PM |
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This is a first in Bitcoin history. Not even 2011 managed to go that far :/  Before I'm accused of trolling: No, I don't think Bitcoin is dead. Far from it. But in all likelihood, it'll take a long time to get out of this ditch again. EDIT: week not closed yet, and I use hl2 as input not the traditional close, but it's pretty much the same picture either way. |
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Argwai96
Legendary
Offline
Activity: 1036
Merit: 1000
Thug for life!
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September 21, 2014, 11:57:31 PM |
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10,856 shorts and longs went down today. pretty sure poeple at bitfinex don't have a clue what they're doing... Still lots of active USD swaps, though. With all this choppy action, it just seems like there are lots of traders (both bull and bear) who are either on the wrong side of the market, or are right on the cusp. Dangerous time to be holding any position, really. My eyes are on buying at mid-300s. |
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