Will bitcoin rise again or it is still crashing???

[TERA]

This whole forum is in a state of denial right now. The chart is in the "denial channel" as someone called it. "we've found bottom", "it's not going below 580", "artificially low" "look at the adoption news", "this is just because of gox", "gox is going to cause a huge rally when news comes out", "$1000 in a couple weeks", "youll be sorry you didnt buy those cheap coins", etc.  It sort of tells me that this ISN'T bottom, and when I look at the chart all I see is down down down.

[AmazonStuff]

This whole forum is in a state of denial right now. The chart is in the "denial channel" as someone called it. "we've found bottom", "it's not going below 580", "look at the news", "this is just because of gox", "gox is going to cause a huge rally when news comes out", "$1000 in a couple weeks", "youll be sorry you didnt buy those cheap coins", etc.  It sort of tells me that this ISN'T bottom, and when I look at the chart all I see is down down down.

You are wrong, look at the technical indicators and you will see divergence.

[Cassius]

This whole forum is in a state of denial right now.

Pretty sure if that was the case we wouldn't have the entertaining differences of opinion.

[igorr]

Crash to 30-50 usd

[MatTheCat]

You are wrong, look at the technical indicators and you will see divergence.

Yeah, I too would be interested to know which technical indicators are screaming bull in amongst those are all just screaming....









KARHU!!!

[Dalmar]

Yeah, I too would be interested to know which technical indicators are screaming bull in amongst those are all just screaming....

Indicators are telling us this  

[igorr]

Yup. Bitstamp is eerily quiet, low volume, pretty much static.
-> something is about to happen

dump coming !

[derpinheimer]

Yup. Bitstamp is eerily quiet, low volume, pretty much static.
-> something is about to happen

dump coming !

TACTICAL DUMP INCOMING! TAKE COVER!

[bitpop]

.

[Obi-Wan Coinobi]

Yup. Bitstamp is eerily quiet, low volume, pretty much static.
-> something is about to happen

dump coming !

TACTICAL DUMP INCOMING! TAKE COVER!

They will do it before GOX opens. My guess.

[JimboToronto]

Crash to 30-50 usd

LOL

That's what some fools were saying last June.

Some even went so far as to predict "no more triple digits in 2013".

Then July happened.

LOL

[igorr]

Crash to 30-50 usd

LOL

That's what some fools were saying last June.

Some even went so far as to predict "no more triple digits in 2013".

Then July happened.

LOL

just a little, we'll see who the fool 

[JimboToronto]

Please see https://bitcointalk.org/index.php?topic=475191.0

What would you know? You're only an experienced hero member. Your mind is obviously clouded by the past.

Only people who recently discovered Bitcoin really understand how Bitcoin is sure to crash.

[wendel]

If Gox news turn out to be positive I assume we will see a nice bull run maybe up to 8xx.
But what will happen up there?
I am not sure that there will be enough confidence to climb higher since we are in a bear market and lots of players will sell for profit and in fear of massive dumps.
So who will be buying there?
I am not sure if new big players enter the market, just because they see a greed driven (fear of beeing left behind ...) bull run 200$ upwards.
After last weeks troubles with the exchanges and the blockchain, I think the psychological aspect is left out on the equation of hopes in reaching a new ATH.
By watching this scenario most investors will sit on the sidelines watching carefully how things evolve before they throw their money at btc.
If there already was enough money why did we drop down to 600 after resting several days/weeks at round 800.
In case one answer would be: "It's because whales want cheap coins". Then I say it will go down even more.
Besides that I think resting at a far lower price and then climbing up slowly would be very helpful to gain more confidence in public and enhance the very important mass adoption.

I am not a business man. Just some thoughts.

Thx
W

[igorr]

Check this 

View Screen Capture

[Cassius]

Yup. Bitstamp is eerily quiet, low volume, pretty much static.
-> something is about to happen

dump coming !

Call me paranoid, but something weird is going on with Stamp.
Trading within a $10 range all day - only broken just now, by a few cents.
But weirder, A LOT of very small trades are happening, just a few hundredths or thousandths of a bitcoin, and a lot of them are the same amount. Take a look at the order book. Very few 'real' trades.
So I'm wondering what that's about. Is someone manipulating the market with a bot that buffers prices? And what happens when someone buys or sells a large amount and pushes it well outside of its range?

[igorr]

Yup. Bitstamp is eerily quiet, low volume, pretty much static.
-> something is about to happen

dump coming !

Call me paranoid, but something weird is going on with Stamp.
Trading within a $10 range all day - only broken just now, by a few cents.
But weirder, A LOT of very small trades are happening, just a few hundredths or thousandths of a bitcoin, and a lot of them are the same amount. Take a look at the order book. Very few 'real' trades.
So I'm wondering what that's about. Is someone manipulating the market with a bot that buffers prices? And what happens when someone buys or sells a large amount and pushes it well outside of its range?

general manipulation, the same thing as what happened with exchange MtGox.

[MatTheCat]

Call me paranoid, but something weird is going on with Stamp.
Trading within a $10 range all day - only broken just now, by a few cents.
But weirder, A LOT of very small trades are happening, just a few hundredths or thousandths of a bitcoin, and a lot of them are the same amount. Take a look at the order book. Very few 'real' trades.
So I'm wondering what that's about. Is someone manipulating the market with a bot that buffers prices? And what happens when someone buys or sells a large amount and pushes it well outside of its range?

Some retard with more cash than sense who has just passed his TA 101 certificate possibly may have noticed that the 4hr MACD, KDJ, and Stochastic RSI, are all pointing towards buy signals (at least in theory).......

..........unfortunately for whoever just bought a bucket load of Bitcoin, they failed to take into account practically everything else (bearish sentiment, long term bear downtrend, complete lack of volume/genuine trades etc). Around 1200 BTC bought at ~ $630. These will turn out to be expensive coins soon enough, providing they aren't just dumped at the next opportunity at $650 or whatever, if BTC even gets that high.

Edit: Just noticed little buy spike on Gox...someone could also have jumped the gun on that as well, if so, speaks testaments to the levels dumb money in this market.

[keithers]

Crash to 30-50 usd

There is no way on earth that we are going to see $30-$50 again...

[PirateHatForTea]

Crash to 30-50 usd

There is no way on earth that we are going to see $30-$50 again...

I hate it when people say stuff like that cos it usually means we will.

I bet you we see 50 on Gox, not that it counts.