Bitcoin Forum
December 12, 2017, 08:41:57 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Not seeing 620 again any time soon (and I hope I am wrong)  (Read 2191 times)
EuroTrash
Hero Member
*****
Offline Offline

Activity: 728



View Profile
March 02, 2014, 05:28:32 PM
 #1

IMHO There is not a hope we are going to see 620 any time soon. Monday 10AM Japan time a phone number will be very busy crushing hopes (or worse, giving false hopes and prolonging the agony) and making headlines that will possibly give the market an excuse for next drop.

Mr. American Joe Goxxed has suddenly discovered the risks of trusting some website with his coins and money (no matter how popular), and won't likely touch Stamp either, because it is another foreign exchange, or BTC-E that is run by whothefuckknows*.

Other selling forces are hodlers that bought above current price and are slowly losing hope. Oh, and bitcoin thieves (likely including MK himself).

OTOH thanks to the recent headlines, some people just awoke to the idea that bitcoin is worth shit. Bullish! Blockchain.info is at 1.3 million wallets and still growing. New waves of people will enter the game in time, maybe with a small sum on Coinbase, because whynot, but only when they will think the price is right. Everyone wants to catch the bottom and most people miss it, of course. My friends who do not have bitcoins say now they would buy at 100-300. So based on sampling their opinions I expect a painfully long bottom somewhere around 350.

I'll be a happy person if this post proves to be wrong because I hate long downward slides. I am facing my own fears and greed.

* Note: This is not a stance against anonymity. You can do what you want with your money as long as you accept responsibility for your potential losses.

<=== INSERT SMART SIGNATURE HERE ===>
1513068117
Hero Member
*
Offline Offline

Posts: 1513068117

View Profile Personal Message (Offline)

Ignore
1513068117
Reply with quote  #2

1513068117
Report to moderator
1513068117
Hero Member
*
Offline Offline

Posts: 1513068117

View Profile Personal Message (Offline)

Ignore
1513068117
Reply with quote  #2

1513068117
Report to moderator
1513068117
Hero Member
*
Offline Offline

Posts: 1513068117

View Profile Personal Message (Offline)

Ignore
1513068117
Reply with quote  #2

1513068117
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513068117
Hero Member
*
Offline Offline

Posts: 1513068117

View Profile Personal Message (Offline)

Ignore
1513068117
Reply with quote  #2

1513068117
Report to moderator
Ray Anastasio
Jr. Member
*
Offline Offline

Activity: 40


View Profile
March 02, 2014, 05:37:49 PM
 #2

The gox situation will limit panic selling, as people will be more apt to withdraw BTC to cold storage rather then keep them on the exchanges.  Get in, get out, minimize your risk by keeping cash and coin off the exchanges.
alfabitcoin
Sr. Member
****
Offline Offline

Activity: 476


View Profile
March 02, 2014, 05:56:51 PM
 #3

The gox situation will limit panic selling, as people will be more apt to withdraw BTC to cold storage rather then keep them on the exchanges.  Get in, get out, minimize your risk by keeping cash and coin off the exchanges.
What about traders? They need both btc and fiat at exchange in order to trade? Long tranfer time equal missed oportunity.
threecats
Sr. Member
****
Offline Offline

Activity: 378


View Profile
March 02, 2014, 06:05:23 PM
 #4

IMHO There is not a hope we are going to see 620 any time soon. Monday 10AM Japan time a phone number will be very busy crushing hopes (or worse, giving false hopes and prolonging the agony) and making headlines that will possibly give the market an excuse for next drop.

Mr. American Joe Goxxed has suddenly discovered the risks of trusting some website with his coins and money (no matter how popular), and won't likely touch Stamp either, because it is another foreign exchange, or BTC-E that is run by whothefuckknows*.

Other selling forces are hodlers that bought above current price and are slowly losing hope. Oh, and bitcoin thieves (likely including MK himself).

OTOH thanks to the recent headlines, some people just awoke to the idea that bitcoin is worth shit. Bullish! Blockchain.info is at 1.3 million wallets and still growing. New waves of people will enter the game in time, maybe with a small sum on Coinbase, because whynot, but only when they will think the price is right. Everyone wants to catch the bottom and most people miss it, of course. My friends who do not have bitcoins say now they would buy at 100-300. So based on sampling their opinions I expect a painfully long bottom somewhere around 350.

I'll be a happy person if this post proves to be wrong because I hate long downward slides. I am facing my own fears and greed.

* Note: This is not a stance against anonymity. You can do what you want with your money as long as you accept responsibility for your potential losses.


Yep. exchanges been on fire all weekend long with people losing hope & cashing out.
Cassius
Legendary
*
Offline Offline

Activity: 1120



View Profile WWW
March 02, 2014, 06:14:59 PM
 #5

Really? Bitstamp volumes are extremely low and prices down just a few dollars. Seems like the market is waiting for some news or a cue of some sort. Could well drift further down but I'm not seeing it today.
yrtrnc
Hero Member
*****
Offline Offline

Activity: 606



View Profile
March 02, 2014, 07:08:58 PM
 #6

or BTC-E that is run by whothefuckknows*.


I thought btc-e was owned by http://www.mayzusfs.com/
derpinheimer
Legendary
*
Offline Offline

Activity: 896


View Profile
March 02, 2014, 07:14:12 PM
 #7

Really? Bitstamp volumes are extremely low and prices down just a few dollars. Seems like the market is waiting for some news or a cue of some sort. Could well drift further down but I'm not seeing it today.

Probably because everyone is withdrawing, so less traders.
Cassius
Legendary
*
Offline Offline

Activity: 1120



View Profile WWW
March 02, 2014, 07:36:26 PM
 #8

Really? Bitstamp volumes are extremely low and prices down just a few dollars. Seems like the market is waiting for some news or a cue of some sort. Could well drift further down but I'm not seeing it today.

Probably because everyone is withdrawing, so less traders.

The ones who held btc would have to sell first!
roslinpl
Legendary
*
Offline Offline

Activity: 1456


#Designer /!/*/#/ Coder# #Cryptoenthusiast#


View Profile
March 02, 2014, 08:05:26 PM
 #9

Really? Bitstamp volumes are extremely low and prices down just a few dollars. Seems like the market is waiting for some news or a cue of some sort. Could well drift further down but I'm not seeing it today.

Perhaps we need to wait some more thats all. Be optimistic.

[
]
  




██
██
██
██
██
██
██
  

 ███████████████████████████████████
███████       ██████████   ████   ███
███████ █████ █████████ ███ ██ ███ ██
███████ █████ █████████ ███ ██ ███ ██
██      █████      █████   ████   ███
██ ███████████████ ██████████████████
██ ███████████████ ██████████████████
██ ███████████████ ██████████████████
██      █████      ██████████████████
███████ █████ ███████████████████████
███████ █████ ███████████████████████
███████       ███████████████████████
 ███████████████████████████████████


████ ████ ███  ████ ████  ███████       ████████  ███████
██████████████ ████ ████ █████████     █████████ █████████
████ ████ ████ ████ ████ ████ ████     ████ ████ ████  ███
████ ████ ████ ████ ████ █████████ ███ ████ ████ ██████
████ ████ ████ ████ ████ █████████ ███ ████ ████  ████████
████ ████ ████ ████ ████ ████          ████ ████      ████
████ ████ ████ ████ ████ ████ ████     ████ ████ ████ ████
████ ████ ████ █████████ █████████ ███ █████████ █████████
████ ████ ████  ███████   ███████  ███  ████████  ███████
          ████                              ████
          ██████████████               █████████
           █████████████               ████████
  




██
██
██
██
██
██
██
Cassius
Legendary
*
Offline Offline

Activity: 1120



View Profile WWW
March 02, 2014, 08:15:34 PM
 #10

Big changes often happen following thin volumes/nothing moving much. I guess it only takes one big buy/sell to push sentiment one way or another. So yeah, I wouldn't be surprised if something decisive turned up soon.
roslinpl
Legendary
*
Offline Offline

Activity: 1456


#Designer /!/*/#/ Coder# #Cryptoenthusiast#


View Profile
March 02, 2014, 08:25:14 PM
 #11

I heard 800 is comming Smiley easly!

hehehe this thread topic is funny.

[
]
  




██
██
██
██
██
██
██
  

 ███████████████████████████████████
███████       ██████████   ████   ███
███████ █████ █████████ ███ ██ ███ ██
███████ █████ █████████ ███ ██ ███ ██
██      █████      █████   ████   ███
██ ███████████████ ██████████████████
██ ███████████████ ██████████████████
██ ███████████████ ██████████████████
██      █████      ██████████████████
███████ █████ ███████████████████████
███████ █████ ███████████████████████
███████       ███████████████████████
 ███████████████████████████████████


████ ████ ███  ████ ████  ███████       ████████  ███████
██████████████ ████ ████ █████████     █████████ █████████
████ ████ ████ ████ ████ ████ ████     ████ ████ ████  ███
████ ████ ████ ████ ████ █████████ ███ ████ ████ ██████
████ ████ ████ ████ ████ █████████ ███ ████ ████  ████████
████ ████ ████ ████ ████ ████          ████ ████      ████
████ ████ ████ ████ ████ ████ ████     ████ ████ ████ ████
████ ████ ████ █████████ █████████ ███ █████████ █████████
████ ████ ████  ███████   ███████  ███  ████████  ███████
          ████                              ████
          ██████████████               █████████
           █████████████               ████████
  




██
██
██
██
██
██
██
Cassius
Legendary
*
Offline Offline

Activity: 1120



View Profile WWW
March 02, 2014, 08:48:01 PM
 #12

I heard 800 is comming Smiley easly!

hehehe this thread topic is funny.


I heard that too. Never from anyone who had a clue what they were talking about though.
Cyberlight
Sr. Member
****
Offline Offline

Activity: 308



View Profile
March 02, 2014, 08:59:02 PM
 #13

Please tell me more about the big Madoff ponzi stock scandal and how it destroyed the worldwide stock market.

Feri22
Hero Member
*****
Offline Offline

Activity: 748


ラストサムラ&#


View Profile
March 03, 2014, 05:01:29 PM
 #14

IMHO There is not a hope we are going to see 620 any time soon. Monday 10AM Japan time a phone number will be very busy crushing hopes (or worse, giving false hopes and prolonging the agony) and making headlines that will possibly give the market an excuse for next drop.

Mr. American Joe Goxxed has suddenly discovered the risks of trusting some website with his coins and money (no matter how popular), and won't likely touch Stamp either, because it is another foreign exchange, or BTC-E that is run by whothefuckknows*.

Other selling forces are hodlers that bought above current price and are slowly losing hope. Oh, and bitcoin thieves (likely including MK himself).

OTOH thanks to the recent headlines, some people just awoke to the idea that bitcoin is worth shit. Bullish! Blockchain.info is at 1.3 million wallets and still growing. New waves of people will enter the game in time, maybe with a small sum on Coinbase, because whynot, but only when they will think the price is right. Everyone wants to catch the bottom and most people miss it, of course. My friends who do not have bitcoins say now they would buy at 100-300. So based on sampling their opinions I expect a painfully long bottom somewhere around 350.

I'll be a happy person if this post proves to be wrong because I hate long downward slides. I am facing my own fears and greed.

* Note: This is not a stance against anonymity. You can do what you want with your money as long as you accept responsibility for your potential losses.

Say what again?  Wink

Feri22
Hero Member
*****
Offline Offline

Activity: 748


ラストサムラ&#


View Profile
March 03, 2014, 05:03:22 PM
 #15

IMHO There is not a hope we are going to see 620 any time soon. Monday 10AM Japan time a phone number will be very busy crushing hopes (or worse, giving false hopes and prolonging the agony) and making headlines that will possibly give the market an excuse for next drop.

Mr. American Joe Goxxed has suddenly discovered the risks of trusting some website with his coins and money (no matter how popular), and won't likely touch Stamp either, because it is another foreign exchange, or BTC-E that is run by whothefuckknows*.

Other selling forces are hodlers that bought above current price and are slowly losing hope. Oh, and bitcoin thieves (likely including MK himself).

OTOH thanks to the recent headlines, some people just awoke to the idea that bitcoin is worth shit. Bullish! Blockchain.info is at 1.3 million wallets and still growing. New waves of people will enter the game in time, maybe with a small sum on Coinbase, because whynot, but only when they will think the price is right. Everyone wants to catch the bottom and most people miss it, of course. My friends who do not have bitcoins say now they would buy at 100-300. So based on sampling their opinions I expect a painfully long bottom somewhere around 350.

I'll be a happy person if this post proves to be wrong because I hate long downward slides. I am facing my own fears and greed.

* Note: This is not a stance against anonymity. You can do what you want with your money as long as you accept responsibility for your potential losses.

No hope for 620 yesterday, next day 620 hit...LOL LOL LOL

maximum
Jr. Member
*
Offline Offline

Activity: 44


View Profile
March 03, 2014, 05:10:33 PM
 #16

epic fail
Cyberlight
Sr. Member
****
Offline Offline

Activity: 308



View Profile
March 03, 2014, 05:15:14 PM
 #17

This thread is a JOKE.
EuroTrash
Hero Member
*****
Offline Offline

Activity: 728



View Profile
March 03, 2014, 07:24:19 PM
 #18

I was wrong. I hope you are as happy as I am.

 Grin

<=== INSERT SMART SIGNATURE HERE ===>
porcupine87
Hero Member
*****
Offline Offline

Activity: 546


hm


View Profile
March 03, 2014, 07:27:11 PM
 #19

I was wrong. I hope you are as happy as I am.

 Grin

Quote
Not seeing 620 again any time soon (and I hope I am wrong)

I hope you are right. I am all in, too Smiley

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
Kupsi
Legendary
*
Offline Offline

Activity: 1191


9.9.2012: I predict that single digits... <- FAIL


View Profile
March 03, 2014, 07:28:04 PM
 #20

$620 is history!  Cheesy
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!