ChartBuddy
Legendary
 Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 01, 2014, 12:01:13 PM |
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inca
Legendary
 Offline
Activity: 1176
Merit: 1000
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October 01, 2014, 12:01:51 PM |
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Not sure what the dumper wants to achieve? Market is oversold...  Bankruptcy by the looks of it, totally unsustainable and the markets are either laughing at it and soaking up the discounts or got bored and gone elsewhere. Another couple of months of this and they'll have the markets to themselves and just be a source of coins, asks aren't coming in so I guess folks are going otc with their coins already.This. I stopped using exchange plateforms as I did not want to be traceable with my bank accounts et al.. Every people i help getting bitcoin is with OTC channels and bitcoin ATMs. Online exchange plateforms may not hold their promise as they have totally abusive KYC processes. Anyway, they barely represent 1/4 of the total bitcoin in circulation and they may even not survive if they keep on giving up to the states and politics. How are we going to price it then? |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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October 01, 2014, 12:05:23 PM |
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Not sure what the dumper wants to achieve? Market is oversold... Bankruptcy by the looks of it, totally unsustainable and the markets are either laughing at it and soaking up the discounts or got bored and gone elsewhere. Another couple of months of this and they'll have the markets to themselves and just be a source of coins, asks aren't coming in so I guess folks are going otc with their coins already.This. I stopped using exchange plateforms as I did not want to be traceable with my bank accounts et al.. Every people i help getting bitcoin is with OTC channels and bitcoin ATMs. Online exchange plateforms may not hold their promise as they have totally abusive KYC processes. Anyway, they barely represent 1/4 of the total bitcoin in circulation and they may even not survive if they keep on giving up to the states and politics. How are we going to price it then? i dunno, i mean, i guess people can price their bitcoin accordingly to the demand in their personal location?! why always this urge to centralize everything? people are free to buy (sell) or not bitcoin, at whatever price that suits them. let the market be free, and not chained to online exchanges, shadow banking style. |
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Torque
Legendary
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Activity: 3598
Merit: 5069
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October 01, 2014, 12:11:09 PM |
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<tinfoilhat-theory>
The financial Powers-that-be tried bad fake press (eg China ban, Russia ban, etc.), but that wasn't doing enough. So now they've decided to spend a few million $$ just to buy bitcoin otc and periodically dump. If they can create a long enough bear market (one so long that has NEVER before been seen in bitcoin's history), they can completely crush market confidence, ridicule bitcoin completely by making it a laughing stock within the financial community, and set back bitcoin's progress by at least a few years, maybe more.
</tinfoilhat-theory>
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NotLambchop
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October 01, 2014, 12:13:54 PM |
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...
Soon the market won't be interesting for traders anymore... As long as BTC has any value, and as long as there are deluded Bitcoiners who think they're sticking it to teh man by buying BTC, its safe to say "nah." Just too tempting not to exploit. |
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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October 01, 2014, 12:15:42 PM |
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losing faith here.  october 2014: sub 400  Couldn't hodl. my cold storage stash keeps hounting me. this is alarming, it never did before. must be bottom then...? I found out that I manage to keep that feeling in check by keeping the size of my cold storage close to, but below the size of my active stash. interesting tip, thx. considering it. |
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NotLambchop
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October 01, 2014, 12:25:22 PM |
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When the dog bites When the bee stings When I'm feeling sad  <== Hang in there! |
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fonzie
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October 01, 2014, 12:46:17 PM |
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 Bitstamp WTF? |
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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October 01, 2014, 12:49:56 PM |
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closing another bull trap. thank you for cheap $.  |
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NotLambchop
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October 01, 2014, 12:53:07 PM |
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@fonzie: You didn't *really* wait for 400, did you?
*Of course you didn't.
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findftp
Legendary
Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
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October 01, 2014, 01:01:04 PM |
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Ok, I've had enough.
I stop buying for the moment and wait for $50 coins.
Fuck it, I'm sick of it.
Down with the ship.
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ChartBuddy
Legendary
Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 01, 2014, 01:01:12 PM |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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October 01, 2014, 01:02:36 PM |
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magicmexican
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October 01, 2014, 01:07:55 PM |
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So typical for 6h macd to be a deceiving trap, not one bit surprised
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 01, 2014, 01:09:39 PM |
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So typical for 6h macd to be a deceiving trap, not one bit surprised
yup |
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btcney
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October 01, 2014, 01:10:01 PM |
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cheap coins |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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October 01, 2014, 01:11:47 PM |
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I've noticed that "bearwhale" is now some sort of deity cult figure. Apparently he has a huge power over the markets. Reminds me of KARHU, but that one was a joke. Repent! |
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InvestorPerson
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October 01, 2014, 01:18:28 PM |
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And divergence is getting bigger and bigger and bigger. You folks are buying when it's time to sell and selling when it's time to buy. You pleased the one manipulator! He'll eat your bones!  more for you, should be happy and dancing |
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DutchTrades
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October 01, 2014, 01:24:11 PM |
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This manipulated market is creating traders that will sell for a quick $5 profit..
Only big investors can save Bitcoin now
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