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Author Topic: No rebound  (Read 6028 times)
TERA
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June 12, 2014, 11:31:12 PM
 #21

There should be at least one month spent at $600
tabnloz
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June 12, 2014, 11:34:29 PM
 #22

Some large investment firm is going to buy these coins and not for the purpose of selling them. I dont understand why the price is declining. Might be as i just woke up!
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June 12, 2014, 11:50:57 PM
 #23

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy  Shocked

ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous.

You guys have it all wrong. These coins are being auctioned off. They are not going to an exchange, so they will ONLY affect the market if the buyer turns around and dumps them all at an exchange after purchase.
bitcoinsrus
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June 12, 2014, 11:52:29 PM
 #24

So do you guys think the buyer will open an exchange with the coins or something (or someone like the winkleveii will buy it and add to their exchange?)
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June 13, 2014, 12:10:44 AM
 #25

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy  Shocked

Why would someone buy 3k BTC only to sell them on market?

Do you expect the auction to go for under market price?
I personally think that it will go a lot lower than market price.
Don't quote me on that, though.
SkRRJyTC
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June 13, 2014, 12:26:16 AM
 #26

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy  Shocked

Why would someone buy 3k BTC only to sell them on market?

Do you expect the auction to go for under market price?
I personally think that it will go a lot lower than market price.
Don't quote me on that, though.

Why?
Wolf Rainer
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June 13, 2014, 01:13:47 AM
 #27

It's clear for me that there won't be any rebound to 620s or more, for at least few weeks if not even months.

2-months, daily candles graph:


So, 400s here we come. SELL SELL SELL!

Nice trolling. Do you think the people are going to rush sell all they coins cause you said that?
tss
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June 13, 2014, 04:19:56 AM
 #28

the sale only legitimizes the coins

the coins are worth $400 today i agree to buy, not sell
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June 13, 2014, 06:34:04 AM
 #29

We are now already seeing a pretty decent rebound from today's decline... We are almost back to $600
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June 13, 2014, 08:52:47 AM
 #30

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy  Shocked

ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous.

You guys have it all wrong. These coins are being auctioned off. They are not going to an exchange, so they will ONLY affect the market if the buyer turns around and dumps them all at an exchange after purchase.

By law I think they have to auction them.


Bitmixer sucks

Bit-X sucks
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June 13, 2014, 09:13:18 AM
 #31

pathetic sell off, whoever sold will regret later

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segeln
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June 13, 2014, 09:16:32 AM
 #32

Confirmed. 29k btc on the market by the end of the month.

http://www.usmarshals.gov/assets/2014/bitcoins/

Enjoy  Shocked

ok we had that already. if you sell 30k now, price will drop 50$ and rebound in a few minutes. Ridiculous.

Anyone with the liquid funds and ability to bid on those 3,000 BTC blocks is not going to buy them just to dump them on the market.  If you have that much disposable cash, then more than likely you have more than half a brain, and you aren't going to be flushing your own money down the toilet.
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June 13, 2014, 09:17:07 AM
 #33

There was a $620 rebound on Bitfinex several hours ago.
segeln
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June 13, 2014, 09:18:31 AM
 #34


You guys have it all wrong. These coins are being auctioned off. They are not going to an exchange, so they will ONLY affect the market if the buyer turns around and dumps them all at an exchange after purchase.
this !
TERA
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June 13, 2014, 09:22:46 AM
 #35

Bitcoin lately has this way of 'playing possom' during a crash/decline and acting like there is no support to give you the feeling that there is going to be no rebound. Nobody shows their hand and the buyers just wait around until a few minutes after the sellers are finished dumping. Then someone caves and they all start rushing in and market buying. After seeing this happen enough times you learn not to be fooled and not to panic.
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June 13, 2014, 09:25:08 AM
 #36

Bitcoin lately has this way of 'playing possom' during a crash/decline and acting like there is no support to give you the feeling that there is going to be no rebound. Nobody shows their hand and the buyers just wait around until a few minutes after the sellers are finished dumping. Then someone caves and they all start rushing in and market buying. After seeing this happen enough times you learn not to be fooled and not to panic.



Nice parallel. Not honey badger but a possum!

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TERA
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June 13, 2014, 09:27:07 AM
 #37

Honey-possum don't care.
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June 13, 2014, 09:49:00 AM
 #38

cheap coins incoming, I am excited. I'd like some sub $100 please Cheesy

Everyone is excited by cheap coins but nobody buys...

Everybody *is* buying. Otherwise, I'd have my sub $100 coins.

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
inca
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June 13, 2014, 09:56:13 AM
 #39

It's clear for me that there won't be any rebound to 620s or more, for at least few weeks if not even months.

2-months, daily candles graph:


So, 400s here we come. SELL SELL SELL!

Price is already 607 on stamp. It seems common sense that the US auctioning 30k coins privately won't have any meaningful effect on the price.
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June 13, 2014, 09:57:31 AM
 #40

BUY BUY BUY BYU!

Get your cheap coins, we're going to 1k.
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