MICRO
Legendary
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Activity: 2478
Merit: 1037
Oldschool!
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October 05, 2014, 10:18:46 AM |
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Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.
Isnt that the signal for either doom or glory?  That , idk, i guess we will see ...
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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October 05, 2014, 10:19:08 AM |
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Abandon ship! 
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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October 05, 2014, 10:20:13 AM |
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So if i understand your claims correctly, you are suggesting that either older users are engaging in ongoing coin movement to disguise the bitcoin days destroyed quantity that is generated by their coin movements (to make the bitcoin days destroyed number smaller) or they are transferring access to their accounts/wallets without moving coins?
Correct me if I have misstated your claims, but if the above are your claims: 1) it seems to be a bit cumbersome to engage in such conduct to camouflage coin movements and therefore does NOT seem to be very plausible explanations and 2) if the conduct is happening, would there be any solution(s) to make such movement of coins more transparent?
you assume that my post points to manipulation or something of that kind, but you missed my point which is: simply denying the claim of "there is no spike on the days destroyed chart, therefore early adopters are not selling"
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kryptopojken
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October 05, 2014, 10:21:03 AM |
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Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
Here: http://www.bfxdata.com/bitfinexLiquidityPriceCombinedBTC.php4 million USD in shorts. 20 million USD in longs. I have no idea who is keeping their longs open. I don't even know if they are human. Probably totally retarded. Thanks! That is indeed sick
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ShroomsKit
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October 05, 2014, 10:21:52 AM |
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Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.
Except this time there is no panic buying. Those days are over. Something many here fail to understand.
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btcney
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October 05, 2014, 10:23:15 AM |
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Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.
Except this time there is no panic buying. Those days are over. Something many here fail to understand. Everyone here is making money except you 
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MICRO
Legendary
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Activity: 2478
Merit: 1037
Oldschool!
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October 05, 2014, 10:23:22 AM |
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Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.
Except this time there is no panic buying. Those days are over. Something many here fail to understand. Well there is panic selling atm, u can't have both. Nothing can get this price up except panic buying  .
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aclass
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October 05, 2014, 10:23:25 AM |
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There is panic buying all the time... In the Paypal fiasco it was panic buying that got the price that high
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MICRO
Legendary
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Activity: 2478
Merit: 1037
Oldschool!
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October 05, 2014, 10:24:45 AM |
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Panic selling , then at first bigger bounce it will be panic buying... Seems to me that bitcoin market is driven by panic.
Except this time there is no panic buying. Those days are over. Something many here fail to understand. Everyone here is making money except you  And me. Have no fiat to invest in buying btc. And have 1btc that i need to sell to get some fiat but i just CAN'T sell at this price... Basically im stuck and not making any money at all
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DutchTrades
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October 05, 2014, 10:24:55 AM |
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RSI under 30 now
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fonsie
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October 05, 2014, 10:25:07 AM |
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The only one who will be panic buying is ShroomsKit  at the top of the next bubble.
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MICRO
Legendary
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Activity: 2478
Merit: 1037
Oldschool!
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October 05, 2014, 10:26:12 AM |
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The only one who will be panic buying is ShroomsKit  at the top of the next bubble. Everybody will follow  .
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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October 05, 2014, 10:26:59 AM |
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the US will be waking up in few hours...
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bitwhizz
Legendary
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Activity: 910
Merit: 1000
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October 05, 2014, 10:32:07 AM |
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Feels like capitulation to me
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ShroomsKit
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October 05, 2014, 10:32:54 AM |
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Feels like capitulation to me
Haven't heard that before in the last 3 months.
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JayJuanGee
Legendary
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Activity: 4200
Merit: 12849
Self-Custody is a right. Say no to "non-custodial"
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October 05, 2014, 10:32:55 AM |
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So if i understand your claims correctly, you are suggesting that either older users are engaging in ongoing coin movement to disguise the bitcoin days destroyed quantity that is generated by their coin movements (to make the bitcoin days destroyed number smaller) or they are transferring access to their accounts/wallets without moving coins?
Correct me if I have misstated your claims, but if the above are your claims: 1) it seems to be a bit cumbersome to engage in such conduct to camouflage coin movements and therefore does NOT seem to be very plausible explanations and 2) if the conduct is happening, would there be any solution(s) to make such movement of coins more transparent?
you assume that my post points to manipulation or something of that kind, but you missed my point which is: simply denying the claim of "there is no spike on the days destroyed chart, therefore early adopters are not selling" I don't think I missed your point. I just think the evidence remains weak, even though i believe I understand the point you are making and the evidence to which you are pointing in order to make your point. I don't have any pre-set belief in which I am purposefully fighting with the evidence, I just am NOT convinced based on what I see to arrive at a similar conclusion at which you are arriving.
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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October 05, 2014, 10:33:49 AM |
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Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
Here: http://www.bfxdata.com/bitfinexLiquidityPriceCombinedBTC.php4 million USD in shorts. 20 million USD in longs. I have no idea who is keeping their longs open. I don't even know if they are human. Probably totally retarded. I suspect that those longs were dumped on other exchanges long time ago.
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Sandia
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October 05, 2014, 10:34:28 AM |
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Bounce to 320, then a test of 300?
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fonzie
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October 05, 2014, 10:36:16 AM |
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Anyone else except me expectin a bounce to 370-380$ or if we overshoot even 410-420$ as a first resistance area in the next 24-36h. Have i gone completly delusional? 
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