Further sell-off incoming

[blueadept]

In the tech world, I'd consider venture capitalists "smart money" rather than "institutional investors."

If the Winklevoss twins' ETF or the Coinsetter hype come to pass, we'll see institutional trading (market making and arbitrage, not necessarily investing). After that, mutual funds and such - that's institutional investment.

It won't be smooth.

[randrace]

We'll see.

[JimboToronto]

lol

[byronbb]

Hahahaha we aren't even into institutional investor phase yet you half-wits.

Your signature reads:

Everyone has a plan until they are punched in the face.  --Mike Tyson

Are you ready for a punch in the face? Cause it's gonna be a kick in the nuts.

You can come to Vancouver and try to punch me if you want BRAH

[rampantparanoia]

Hahahaha we aren't even into institutional investor phase yet you half-wits.

Your signature reads:

Everyone has a plan until they are punched in the face.  --Mike Tyson

Are you ready for a punch in the face? Cause it's gonna be a kick in the nuts.

You can come to Vancouver and try to punch me if you want BRAH

If I came, I'd be too busy checking out the women in Vancouver to bother.

[viboracecata]

We'll see OP is right.

[oser41eric]

We'll see OP is right.

I doubt OP is right, the ebay thing alone would suggest bigger demmand for BTC, not lower

[coolbeans94]

Could be a bear trap. Bitstamp currently has positive money flow while Gox has negative money flow. Interesting because the StochRSI now indicates they are both oversold. It seems Bitstamp is Bullish and Gox is Bearish.  Bitstamps "positive money" flow is larger than Gox's "negative money" flow; Seems like a battle between exchanges and looks like Gox USD volume is about even with Bitstamp atm, so Bitstamp may take the bullish lead. It will be interesting to see which way we go.

[lebing]

Could be a bear trap. Bitstamp currently has positive money flow while Gox has negative money flow. Interesting because the StochRSI now indicates they are both oversold. It seems Bitstamp is Bullish and Gox is Bearish.  Bitstamps "positive money" flow is larger than Gox's "negative money" flow; Seems like a battle between exchanges and looks like Gox USD volume is about even with Bitstamp atm, so Bitstamp may take the bullish lead. It will be interesting to see which way we go.

Yep, this hits the situation we are in right on the button.

[pikeadz]

I can't post it nearly enough.

That is because you have nothing insightful to offer and choose to instead copy and paste an overposted image without providing reasoning for your predictions.

[BitChick]

We are done with "despair" and will see another peak soon.  Granted, the process will probably repeat itself a few times before we get to a more stable point. 

[ElectricMucus]

I can't post it nearly enough.

That is because you have nothing insightful to offer and choose to instead copy and paste an overposted image without providing reasoning for your predictions.

I have nothing insightful to offer in overly monotonous shitposting threads without providing reasoning for my participation.  At least I'm not alone.

[notme]

I can't post it nearly enough.

That is because you have nothing insightful to offer and choose to instead copy and paste an overposted image without providing reasoning for your predictions.

I have nothing insightful to offer in overly monotonous shitposting threads without providing reasoning for my participation.  At least I'm not alone.

If you are so bored with these threads, why do you keep coming back?

[ElectricMucus]

I can't post it nearly enough.

That is because you have nothing insightful to offer and choose to instead copy and paste an overposted image without providing reasoning for your predictions.

I have nothing insightful to offer in overly monotonous shitposting threads without providing reasoning for my participation.  At least I'm not alone.

If you are so bored with these threads, why do you keep coming back?

I enjoy the attention I guess.

[bitcon]

I can't post it nearly enough.

That is because you have nothing insightful to offer and choose to instead copy and paste an overposted image without providing reasoning for your predictions.

I have nothing insightful to offer in overly monotonous shitposting threads without providing reasoning for my participation.  At least I'm not alone.

If you are so bored with these threads, why do you keep coming back?

I enjoy the attention I guess.

or no life.

[ElectricMucus]

or no life.

Could be better, but complaining is besides the point. I'd argue that the people who attack me in that manner are even more pathetic.

[flagel8]

Capitulation = (1) acknowledgement of previous bubble (2) admission that bitcoin is over-priced and (3) extreme skepticism by almost everyone, including mega-bulls, that price will climb up steadily and/or a new bubble will form.

Suppose we flash-crash to single digits within 24 hours. This is not capitulation. The crash is too quick to dry up all the fiat. Enough would remain for an immediate flood of buys in anticipation of a reverse flash upward, effectively forming a new bubble.

Real capitulation will come in one of two ways:

(1) very very slow ride down, lasting months or maybe years; or

(2) flash crash to single digits or cents, and price remaining within that range for months or maybe years.

Pick your poison. One is most definitely on the horizon. I'm leaning towards (2) but only if we see repeated flash crashing over shorter and shorter periods. This will quickly dry up any remaining fiat sitting on the exchanges and discourage new depositors.

Maybe. But what if you're wrong? In case you read the direction wrong, would it not be of some benefit to dollar cost average? One could argue that regardless of direction it would be profitable, in the long run. Unless the price doesn't move at all. How likely is that?

[dnaleor]

bubble is over, returned to mean: https://bitcointalk.org/index.php?topic=292175

[bitcon]

or no life.

Could be better, but complaining is besides the point. I'd argue that the people who attack me in that manner are even more awesome.

FTFY.

[ElectricMucus]

Zealots are never awesome.