Dotto
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Activity: 981
Merit: 1005
No maps for these territories
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October 31, 2014, 08:42:55 PM |
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I just need to look at this chart to understand we are at a really dangerous point. Fiat bid sum is returning to prebubble levels, while bitcoin supply is quite higher. And it is quite scary while we are approaching to an important key level like $275. Miners and merchants are drying the exchanges, current prices are not sustainable for a long time. Fiat entries needs to be improved, plus a massive pump event to break all the resistances to bring price to ATH where it can rally again. ETF probably will do this work, but there could be delays until it is up, you know how this things works. Until that, IMO, bitcoin will keep slowly bleeding, with its ups and downs.  In bitcoinland nothing is what it seems, and more of the times it ends at the very opposite of the majority´s expectations. People are depositing too much faith in the ETF. If we depend on the Winkilevos to succeed that means that we are fucked. |
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adaseb
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Activity: 3878
Merit: 1733
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October 31, 2014, 08:56:29 PM |
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Yes I already took some profit of my short. I will probably reshort on any rally.
BTC is looking really week. I don't want to go long since it went down all of 2014.
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JayJuanGee
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Activity: 3892
Merit: 11100
Self-Custody is a right. Say no to"Non-custodial"
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October 31, 2014, 08:57:56 PM |
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It's happening:
Page 9696......
Even upside down is 9696.
that's spooky must be a sign, better BUYSELL now! I agreeeeeeeeeee: CUT YOUR LOOOOOSE!!!!!!!Either BUY, SELL or HODL. |
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ChartBuddy
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Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2014, 09:00:31 PM |
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criptix
Legendary
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Activity: 2464
Merit: 1145
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October 31, 2014, 09:04:02 PM |
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It's happening:
Page 9696......
Even upside down is 9696.
that's spooky must be a sign, better BUYSELL now! I agreeeeeeeeeee: CUT YOUR LOOOOOSE!!!!!!!Either BUY, SELL or HODL. Dont you mean: LOOSE YOUR CUT330 and bounce..... pleassseeeee |
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fonzie
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October 31, 2014, 09:05:26 PM |
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More bad news for Bitcoin  "Richard Branson’s Virgin Galactic Spaceship in catastrophic explosion and crash: One pilot dead and another critical as experimental plane blows up on test flight over California"   |
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BitAddict
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Activity: 1190
Merit: 1001
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October 31, 2014, 09:11:46 PM |
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In bitcoinland nothing is what it seems, and more of the times it ends at the very opposite of the majority´s expectations.
People are depositing too much faith in the ETF.
If we depend on the Winkilevos to succeed that means that we are fucked.
It's another valid scenario. They could just dump as soon as they launch their ETF, but it would not be really clever because they wouldn't make a lot of profit after all the work. If you are a big investor and you want to sell, first you do is pumping the price if possible to a new bubble were investors come alone and buy no matter how high the price is. It could be more likely with the Second Market Bitcoin Investment, they're individuals that mostly bought in the bubble over $600, and they could panic dump as soon as ETF opens. |
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BitAddict
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Activity: 1190
Merit: 1001
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October 31, 2014, 09:13:04 PM |
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More bad news for Bitcoin "Richard Branson’s Virgin Galactic Spaceship in catastrophic explosion and crash: One pilot dead and another critical as experimental plane blows up on test flight over California" The Spaceship you can pay with bitcoin crashes. OMG, what a year |
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davidorentol
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October 31, 2014, 09:15:59 PM |
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Going to 0.000001$ in next 30min because of this news !!!!
Extremely bad news for bitcoin !
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redsn0w
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Activity: 1778
Merit: 1043
#Free market
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October 31, 2014, 09:17:06 PM |
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Going to 0.000001$ in next 30min because of this news !!!!
Yes of course  , finally I think at the end of the year the price will drop to 290 $ . |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 31, 2014, 09:20:10 PM |
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.... i want a refund for my space flight
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wachtwoord
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Activity: 2338
Merit: 1136
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October 31, 2014, 09:24:06 PM |
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.... i want a refund for my space flight
You pre-ordered? BFL all over again  |
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Wilhelm
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Activity: 1652
Merit: 1265
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October 31, 2014, 09:38:29 PM |
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.... i want a refund for my space flight
Why? Richard will bring you far beyond space, you will even meet your maker  |
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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October 31, 2014, 09:39:05 PM |
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.... i want a refund for my space flight
Why? Richard will bring you far beyond space, you will even meet your maker I offer that service far cheaper. |
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inca
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Activity: 1176
Merit: 1000
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October 31, 2014, 09:41:50 PM |
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Slightly poor taste given a pilot died in the crash today.
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indiemax
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October 31, 2014, 09:53:02 PM |
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Slightly poor taste given a pilot died in the crash today.
yeah,RIP |
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wachtwoord
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Activity: 2338
Merit: 1136
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October 31, 2014, 09:53:27 PM |
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Slightly poor taste given a pilot died in the crash today.
And he wasn't even charged! See? THAT is poor taste  |
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sickpig
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Activity: 1260
Merit: 1008
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October 31, 2014, 09:55:47 PM |
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EDIT: This should have been posted in the gold collapsing thread...
you mean the "sidechain" thread ROTFL |
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ChartBuddy
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Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 31, 2014, 10:00:32 PM |
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podyx
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Activity: 2338
Merit: 1035
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October 31, 2014, 10:09:38 PM |
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I dreamed that bitcoin had risen to $600+ and everything was looking up, people were becoming optimistic I almost never had a bitcoin dream before, hope this one turns out to be true  |
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