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Wandererfromthenorth
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October 09, 2014, 12:05:43 PM |
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Late shorters really HAVE to cut their loose at this point...
Fireworks?
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MICRO
Legendary
 Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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October 09, 2014, 12:05:50 PM |
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dat wall.. on the bid side!  Whats going on ? Price 1000$+ ?  Jeezzz its hard not to look at price and only look at this thread  . |
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heartastack
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October 09, 2014, 12:06:47 PM |
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I hope we get a short queeze. Shorting is really the cancer of BTC right now.
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hyphymikey
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October 09, 2014, 12:07:59 PM |
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Hurry hurry! Profit take! Apparently there is a such thing as temporary overbought even though we are significantly undervalued.  |
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wiak2
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October 09, 2014, 12:08:32 PM |
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 Old fashion wall post for those playing at home! |
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NotLambchop
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October 09, 2014, 12:09:20 PM |
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I hope we get a short queeze. Shorting is really the cancer of BTC right now.
>likes unregulated market >hates shorting  |
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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October 09, 2014, 12:10:25 PM |
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Off topic heads up, Irelands morning TV show on RTE 1 had a fairly brief piece on a show to be broadcast this evening about the dark web (9.35pm GMT). This mornings clip put more emphasis on connecting bitcoin with child paedophilia than drugs and Irelands media channels aren't exactly unbiased in their reporting so hoping the ex-spooks at Thomson Reuters Special Services and the Center for Missing and Exploited Children aren't testing out their pre-packaged scare campaign from the congressional hearings of June last year. Think its only viewable from within Ireland, starts at about 1.02: http://www.rte.ie/player/ie/show/10331958/did catholic priests start to accept bitcoin ? or where is the link ? |
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ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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October 09, 2014, 12:12:04 PM |
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1K wall appeared at 375, followed by market buy to 379.99 then promptly disappeared.
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heartastack
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October 09, 2014, 12:12:12 PM |
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I hope we get a short queeze. Shorting is really the cancer of BTC right now.
>likes unregulated market >hates shorting I don't mind shorting. Just think it's been over-used in this young market. Leveraged selling since the ATH has far overwhelmed leveraged buying in a thin market. Recipe for exaggerated lows imo. A cancer is a good cell turned bad, isn't it  |
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NotLambchop
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October 09, 2014, 12:12:36 PM |
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Off topic heads up, Irelands morning TV show on RTE 1 had a fairly brief piece on a show to be broadcast this evening about the dark web (9.35pm GMT). This mornings clip put more emphasis on connecting bitcoin with child paedophilia than drugs and Irelands media channels aren't exactly unbiased in their reporting so hoping the ex-spooks at Thomson Reuters Special Services and the Center for Missing and Exploited Children aren't testing out their pre-packaged scare campaign from the congressional hearings of June last year. Think its only viewable from within Ireland, starts at about 1.02: http://www.rte.ie/player/ie/show/10331958/did catholic priests start to accept bitcoin ? or where is the link ? I think some Irish cp site got popped right around the same time SR did. |
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ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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October 09, 2014, 12:14:11 PM |
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If we stay at this level for a couple of days it will form a cup and handle. Do honeybadgers give a shit about stuff like that?
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NotLambchop
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October 09, 2014, 12:15:20 PM |
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I hope we get a short queeze. Shorting is really the cancer of BTC right now.
>likes unregulated market >hates shorting I don't mind shorting. Just think it's been over-used in this young market. Leveraged selling since the ATH has far overwhelmed leveraged buying in a thin market. Recipe for exaggerated lows imo. Maybe, but without regulations, there's no way of avoiding this. Enlightened self-interest < tragedy of the commons. |
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njcarlos
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October 09, 2014, 12:16:42 PM |
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What is the commons in BTC?
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zakalwe
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October 09, 2014, 12:17:08 PM |
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450 and beyond to the horizon........road to 1500 building up.
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heartastack
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October 09, 2014, 12:17:25 PM |
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I hope we get a short queeze. Shorting is really the cancer of BTC right now.
>likes unregulated market >hates shorting I don't mind shorting. Just think it's been over-used in this young market. Leveraged selling since the ATH has far overwhelmed leveraged buying in a thin market. Recipe for exaggerated lows imo. Maybe, but without regulations, there's no way of avoiding this. Enlightened self-interest < tragedy of the commons. Cheers. Just put on some sunnies when a short squeeze comes. Because it will be the first proper one in BTC. When the panic longs sniff it it's going to go absolutely insane. |
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zakalwe
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October 09, 2014, 12:17:48 PM |
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If we stay at this level for a couple of days it will form a cup and handle. Do honeybadgers give a shit about stuff like that?
Excuse me, cup and handle on which timeframe??? |
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NotLambchop
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October 09, 2014, 12:18:34 PM |
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What is the commons in BTC?
"The tragedy of the commons is an economics theory, according to which individuals, acting independently and rationally according to each one's self-interest, behave contrary to the whole group's long-term best interests by depleting some common resource."--wikip |
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Wandererfromthenorth
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October 09, 2014, 12:20:01 PM |
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At the same time $380 had history of being support so it might stop there and retrace...
top or short squeeze?
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njcarlos
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October 09, 2014, 12:20:26 PM |
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I'm saying, what's the common resource and how is it depleted in BTC?
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ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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October 09, 2014, 12:21:42 PM |
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If we stay at this level for a couple of days it will form a cup and handle. Do honeybadgers give a shit about stuff like that?
Excuse me, cup and handle on which timeframe??? 6h I'm just a dog though so I have no idea what I'm talking about   |
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