matt4054
Legendary
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Activity: 1946
Merit: 1035
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October 04, 2014, 09:41:37 PM |
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Why do all these trades look like rats leaving a sinking ship  |
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blade87
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October 04, 2014, 09:43:37 PM |
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I can see a nice bounce potentially happening here, but don't see any reason why we'd then suddenly be in a bull market. Can anyone give a convincing argument to suggest otherwise?
There is no argument because the answer is we would not be. A rally to $400-$500 would just be another selling opportunity, and then the best bulls could hope for is a sideways market for the next few months. Only then could things start to turn bullish, imo. Kind of glad I bought that SSD off Newegg this morning after the short rally to $350.  |
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AirFlame
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October 04, 2014, 09:46:37 PM |
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If we survive 2x more dumps and price will not go under $322 we are safe  |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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October 04, 2014, 09:47:02 PM |
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Price just needs to crater to get buyer confidence back. Nothing new, has been done 10.000x in history of markets.
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dakota neat
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October 04, 2014, 09:47:08 PM |
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Did not brake 2000 CNY. Bullish.
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ShroomsKit
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October 04, 2014, 09:50:49 PM |
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If we survive 2x more dumps and price will not go under $322 we are safe Really? How do you know? |
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PapaEmeritus
Newbie
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Activity: 14
Merit: 0
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October 04, 2014, 09:50:54 PM |
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ShroomsKit
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October 04, 2014, 09:51:56 PM |
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Did not brake 2000 CNY. Bullish.
Price did not break 1000 CNY. Bullish. |
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AirFlame
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October 04, 2014, 09:53:27 PM |
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If we survive 2x more dumps and price will not go under $322 we are safe Really? How do you know? You will see If they dump now and we go under $322 there will be new 4x bounces if we bounce 4x times from new low under $322 we will be safe. Just a little speculation  |
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Bitcoins101
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October 04, 2014, 09:53:49 PM |
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Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin). |
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AirFlame
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October 04, 2014, 09:54:45 PM |
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Bitcoin hodler 2015  Bitcoin holder 2016 ^^ I think we will be ok  |
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BitChick
Legendary
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Activity: 1148
Merit: 1001
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October 04, 2014, 09:55:13 PM |
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Just figured out why the price tanked this weekend!!!  It is because of this: http://launch.coinsinthekingdom.com/Do you know how crazy expensive Disney World is!? It bet it is because the attendees had to sell coins to go to a park or two!  And if they wanted to buy food there! No wonder we are so low. |
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vortex1878
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October 04, 2014, 09:55:44 PM |
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A while ago I thought we would have reached the bottom as that would have been the miners' fallback price.
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
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Schickeria
Member
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Activity: 84
Merit: 10
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October 04, 2014, 09:58:36 PM |
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Did not brake 2000 CNY. Bullish.
Price did not break 1000 CNY. Bullish. |
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AirFlame
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October 04, 2014, 09:58:39 PM |
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A while ago I thought we would have reached the bottom as that would have been the miners' fallback price.
I was wrong. We will go lower and lower.
And lower.
Too stupid to think FedRes would just let it happen like this...
What You think is this a mraket or a free market ? Its a free market not wall street... |
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criptix
Legendary
Offline
Activity: 2464
Merit: 1145
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October 04, 2014, 10:00:31 PM |
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Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin). btc-e is always or atleast 99,9% of all time lower then the rest... btw. buying at 350 done, lets see if we visit 300  /edit hashrate is increasing, so im not in super panic mode yet |
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ChartBuddy
Legendary
 Online
Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 04, 2014, 10:01:12 PM |
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AirFlame
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October 04, 2014, 10:02:05 PM |
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Did not brake 2000 CNY. Bullish.
Give it a few more hours. Even with China now up, we're still moving mostly downwards. BTC-e is way under the rest of the market (a dominant sign these days that the price will continue to move down) and despite some recent buying power in the past hour or two, shorting is still either uncharacteristically expensive (Bitfinex) or trading at a significantly lower price than on the trading half of the exchange (OKCoin). btc-e is always or atleast 99,9% of all time lower then the rest... btw. buying at 350 done, lets see if we visit 300 Hmm do You think btc-e lost the coins and they are lower from the rest ? |
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Omikifuse
Legendary
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Activity: 1848
Merit: 1009
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October 04, 2014, 10:02:13 PM |
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There is no bottom. It is like falling into the deep space. Only darkness and could, but no ground to land  |
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Poll
