fonzie
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October 02, 2014, 01:04:16 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive staggered buy orders.
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JayJuanGee
Legendary
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Activity: 3864
Merit: 10922
Self-Custody is a right. Say no to"Non-custodial"
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October 02, 2014, 01:11:58 PM |
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2014 SUCKED.
Roll on reward halving please.
See you all in 2 years.
The first 3/4 of 2014 have been negative in the BTC price arena - but really, could we expect much different after experiencing two bubbles in 2013 (NOT that I personally experienced such bubbles - except that I began buying at the top of the second one ). On the development and adoption side, 2014 has been pretty decent so far, NO? As good as one could have expected, I would imagine. Maybe the remainder of 2014 will remain flat or even continued downward with BTC prices? The near-term price performance is NOT looking great (but it is NOT looking particularly dire, either) - yet there still remain 3 months in 2014, so seems a bit premature to write off the totality of 2014 - in early Ocotober.What? Nah, I did this in April. Just kidding. On a more serious note, the development side has not really done a lot this year.. (that I'm aware of) Adoption is comping along too. Imagine this time last year that i told you that companies like pay-pal, dell, dish, overstock.com etc. would all be accepting bitcoins by this time 2014 and the price was actually going down, and not up would you have believed me? Imagine i told you that circle would be open worldwide, coinbase expands into europe and that people are actually taking bitcoin seriously and not writing it off, would you have believed me? Or even if i told you that the Bank of England published a report where they clearly show they understand advances afforded by blockchain and crypto tech and bitcoin in general, would you have believed me? A year ago, most of the companies or institutions i mentioned above all said bitcoin is not important, a nice little experiment for geeks but it will soon go away. I wouldn't have believed me either. But this is where we are, yet the price still goes down. Kehtolo: It seems that you and I are saying very similar things, but we are just using different words and different examples to say these very similar things. In other words, we both seem to recognize that BTC prices remain considerably under performance - and BTC seems to be a very good value, at its current price. Now, on the other hand, if we attempt to dive into explanations regarding why BTC prices are undervalued, and will they remain undervalued, etc etc, we may NOT be able to arrive at a consensus. From my overall assessment of what I can see, I personally believe that there continues to be downward manipulation and accumulation taking place by the entities that are complicit in the downward manipulation and that at some point in the next one to six months, we are going to witness considerable and exponential BTC price appreciation. I have some difficulties believing, that given the current state of affairs that downward manipulation can be maintained for much longer than 6 months (that is if they can keep it up for that much longer). NONETHELESS, if need be, I am ready, willing and able to ride out a downward manipulation for longer that 6 months and I believe that I can last even a couple of years, if necessary - even though I would experience ongoing trepidation if this downward manipulation (or even BTC price stagnation) were to endure for a couple more years. I can see that some people are losing confidence in BTC, and another 6 months or more of downward manipulation and stagnant prices will certainly shake quite a few more weak hands - whether further shaking of weak hands is likely or necessary will only be seen through time.
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nanobrain
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Dumb broad
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October 02, 2014, 01:12:26 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string. I really wish someone would come in with a shed load of funds a just hit them with a market order.
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SirLolicon
Sr. Member
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Sound Engineer for Hire
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October 02, 2014, 01:16:31 PM |
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Gosh, them rush sellers though.. please keep the price up -- think smart..
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fonzie
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October 02, 2014, 01:20:09 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string. I really wish someone would come in with a shed load of funds a just hit them with a market order. It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought. This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature Well as long as people are still scared or sell in front of 200 BTC walls around 380$ one could question if the price around here is really supported by the market.
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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October 02, 2014, 01:29:45 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string. I really wish someone would come in with a shed load of funds a just hit them with a market order. It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought. This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature Well as long as people are still scared or sell in front of 200 BTC walls around 380$ one could question if the price around here is really supported by the market. LOL -- you think Fontas has moved into the big league?
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kehtolo
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October 02, 2014, 01:32:24 PM |
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...I can see that some people are losing confidence in BTC, and another 6 months or more of downward manipulation and stagnant prices will certainly shake quite a few more weak hands - whether further shaking of weak hands is likely or necessary will only be seen through time.
Yeah.. i agree.. and i'm in it for the long haul. Agree that there is manipulation happening. I happen to think any explosion in price resulting from the removal of these manipulations wont lead to an explosion in price. When that happens it's just a bull trap and the same manipulators will dump on top of you again. This would further erode confidence from new investors. If they are accumulating.. then so am I! It is not for the faint hearted!
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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October 02, 2014, 01:33:41 PM |
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but wouldn't everyone SCRAMBLE and make shit happen if they felt poor and wanted to be rich again
Yes. Though everyone is feeling poor right now anyway because their salary is buying 10% less than it did last year. Ah well, they can always go and borrow a bunch of money from the people the government is giving free money to. Those rich guys have money, but they are NOT lending the money out to regular peeps... Those rich guys with the money they may send some of the money to some of their big friends to trickle the money down to the masses in that way. True enough. The government is paying them to hold on to it. With our money. http://www.samizdata.net/2010/06/money-supply-th/
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fonzie
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October 02, 2014, 01:34:36 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string. I really wish someone would come in with a shed load of funds a just hit them with a market order. It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought. This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature Well as long as people are still scared or sell in front of 200 BTC walls around 380$ one could question if the price around here is really supported by the market. LOL -- you think Fontas has moved into the big league? Pumpers like DavidPate often flashed 4-5000 BTC (before they lost everything to mcxnowfees ) It doesn´t take much BTC nowadays to scare the small investors even in the BTC/USD marker, especially after a 9 month downtrend where most of them have trigger happy sell fingers. Fontas as far as i know never revealed how much BTC stash he had.
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 02, 2014, 01:42:21 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string. I really wish someone would come in with a shed load of funds a just hit them with a market order. It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought. This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature Well as long as people are still scared or sell in front of 200 BTC walls around 380$ one could question if the price around here is really supported by the market. LOL -- you think Fontas has moved into the big league? Pumpers like DavidPate often flashed 4-5000 BTC (before they lost everything to mcxnowfees ) It doesn´t take much BTC nowadays to scare the small investors even in the BTC/USD marker, especially after a 9 month downtrend where most of them have trigger happy sell fingers. Fontas as far as i know never revealed how much BTC stash he had. well whatever his stash was he had so many people following him that his power was even greater than his purse
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fonzie
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October 02, 2014, 01:44:39 PM |
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Wow, nice 4000BTC (so far) red candle on Huobi
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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October 02, 2014, 01:45:01 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string. I really wish someone would come in with a shed load of funds a just hit them with a market order. It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought. This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature Well as long as people are still scared or sell in front of 200 BTC walls around 380$ one could question if the price around here is really supported by the market. LOL -- you think Fontas has moved into the big league? Pumpers like DavidPate often flashed 4-5000 BTC (before they lost everything to mcxnowfees ) It doesn´t take much BTC nowadays to scare the small investors even in the BTC/USD marker, especially after a 9 month downtrend where most of them have trigger happy sell fingers. Fontas as far as i know never revealed how much BTC stash he had. I didn't know David 'lost it all'....last I saw he tweeted some flash car he was driving. I know a lot of people disliked him but he was alwys v civil with me. So, whats the gos. Do tell.
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aminorex
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Sine secretum non libertas
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October 02, 2014, 01:46:57 PM |
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Monkey is counting down now, like he means it. 5 days...
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lemonte
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October 02, 2014, 01:48:28 PM |
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Monkey is counting down now, like he means it. 5 days...
Until?
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 10922
Self-Custody is a right. Say no to"Non-custodial"
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October 02, 2014, 01:48:34 PM |
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...I can see that some people are losing confidence in BTC, and another 6 months or more of downward manipulation and stagnant prices will certainly shake quite a few more weak hands - whether further shaking of weak hands is likely or necessary will only be seen through time. Yeah.. i agree.. and i'm in it for the long haul. Agree that there is manipulation happening. I happen to think any explosion in price resulting from the removal of these manipulations wont lead to an explosion in price. When that happens it's just a bull trap and the same manipulators will dump on top of you again. This would further erode confidence from new investors. If they are accumulating.. then so am I! It is not for the faint hearted! Don't get me wrong b/c I do NOT conclude that BTC prices will be saved if we are merely able to push prices beyond $500 or some other price point between $500 and $800. I personally am of an opinion similar to yours regarding the ongoing dumping and downward price manipulation that is likely going to continue for the next 1 to 6 months (and potentially longer); however, I have a sense that the Bear-whale manipulators fear losing control of the BTC price situation b/c at a certain point, they may NOT be able to manipulate BTC prices downward any longer (and they may even be ready for BTC prices to move in the opposite direction (up) for a while). I am NOT sure exactly where that BTC price point of NO return is, yet I suspect that it is around the $850 level, and once BTC prices go past $850, there will be little ability and/or desire to hold the prices back. Accordingly, at that time BTC prices will shoot well past that previous ATH.... and land anywhere between $2,500 and $13,000 depending upon how long it takes before we get to that point.. .. and whether some confidence in BTC has been irreversibly shaken by that point. Surely, I am speculating - but what else is this thread good for - besides shooting such shit back and forth?
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fonzie
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October 02, 2014, 01:49:03 PM |
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Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.
Edit: I also see unobtrusive buy orders staggered up.
Suddenly >500 coins to break 380. What's the point...ask orders are flashing up and down like a gigolo's g-string. I really wish someone would come in with a shed load of funds a just hit them with a market order. It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought. This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature Well as long as people are still scared or sell in front of 200 BTC walls around 380$ one could question if the price around here is really supported by the market. LOL -- you think Fontas has moved into the big league? Pumpers like DavidPate often flashed 4-5000 BTC (before they lost everything to mcxnowfees ) It doesn´t take much BTC nowadays to scare the small investors even in the BTC/USD marker, especially after a 9 month downtrend where most of them have trigger happy sell fingers. Fontas as far as i know never revealed how much BTC stash he had. I didn't know David 'lost it all'....last I saw he tweeted some flash car he was driving. I know a lot of people disliked him but he was alwys v civil with me. So, whats the gos. Do tell. Don´t know if he lost everything, that was the wrong expression. But i saw him playing around with 1-2-3k BTC in mcxfees, at least most of that got robbed as far as i know. I do not had anything personal against him, it was funny watching him flashin around his LTC walls.
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InvestorPerson
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October 02, 2014, 01:49:29 PM |
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Monkey is counting down now, like he means it. 5 days...
Until? more dumping
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hdbuck
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October 02, 2014, 01:50:20 PM |
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redjedievolution
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October 02, 2014, 01:50:47 PM |
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illuminatis has turned on their fucking robots
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JayJuanGee
Legendary
Online
Activity: 3864
Merit: 10922
Self-Custody is a right. Say no to"Non-custodial"
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October 02, 2014, 01:52:55 PM |
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but wouldn't everyone SCRAMBLE and make shit happen if they felt poor and wanted to be rich again
Yes. Though everyone is feeling poor right now anyway because their salary is buying 10% less than it did last year. Ah well, they can always go and borrow a bunch of money from the people the government is giving free money to. Those rich guys have money, but they are NOT lending the money out to regular peeps... Those rich guys with the money they may send some of the money to some of their big friends to trickle the money down to the masses in that way. True enough. The government is paying them to hold on to it. With our money. http://www.samizdata.net/2010/06/money-supply-th/Agreed... Those fuckers!!
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