01BTC10
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Activity: 756
Merit: 503
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December 26, 2012, 04:38:31 PM |
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I bought back. Getting ready for the after Christmas rally.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
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December 26, 2012, 04:41:20 PM |
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looking at the volume, i'm really anxious what will happen in the next few days. will it get ugly?
vol is low because everyone is out and about celebrating Xmas. the fact we haven't seem someone try to take advantage of this and sell a bunch to push prices lower, would seem to say, no sellers are trying to manipulate the market down, they simply want to sell their bitcoins at the best possible price ASAP. |
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mccorvic
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December 26, 2012, 06:27:21 PM |
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vol is low because everyone is out and about celebrating Xmas.
the fact we haven't seem someone try to take advantage of this and sell a bunch to push prices lower, would seem to say, no sellers are trying to manipulate the market down, they simply want to sell their bitcoins at the best possible price ASAP.
Even market manipulators need to take a holiday!  But really, what we're seeing is people continuing to buy BTC and few large holders dumping occasionally. Eventually, the large holders who want to sell at sub-$15 will be satisfied and people will continue to buy which will result in an uptrend. |
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Technomage
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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December 26, 2012, 07:42:00 PM |
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Recent market behaviour is quite bullish in my opinion. Low volume, major difficulty in getting new fiat money to the exchanges for almost a week, and no crash. Stability instead.
I'm expecting upward movement once pending transfers start flowing in to the exchanges.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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hazek
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Activity: 1078
Merit: 1002
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December 26, 2012, 08:06:04 PM |
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major difficulty in getting new fiat money to the exchanges for almost a week
 please explain! |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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molecular
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Activity: 2772
Merit: 1019
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December 26, 2012, 08:40:21 PM |
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 am I mistaken or are these walls pretty high and close together for a non-mtGox exchange? (that spread is €10.11 <-> €10.19 btw) |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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S3052
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Activity: 2100
Merit: 1000
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December 26, 2012, 09:00:40 PM |
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forecast on track :-)
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Technomage
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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December 26, 2012, 09:22:08 PM |
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major difficulty in getting new fiat money to the exchanges for almost a week
please explain! In many countries the last day that bank transfers between banks moved anywhere was Friday. Here in Finland tomorrow, Thursday, is the first bank day after the long weekend. This is the longest bank transfer break in the history of Bitcoin I think, since none of the Christmas days were during a weekend. |
Denarium closing sale discounts now up to 43%! Check out our products from here! |
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hazek
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Activity: 1078
Merit: 1002
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December 26, 2012, 11:01:11 PM |
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major difficulty in getting new fiat money to the exchanges for almost a week
please explain! In many countries the last day that bank transfers between banks moved anywhere was Friday. Here in Finland tomorrow, Thursday, is the first bank day after the long weekend. This is the longest bank transfer break in the history of Bitcoin I think, since none of the Christmas days were during a weekend. Ah, I see. Ty for the explanation |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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420
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December 27, 2012, 12:10:31 AM |
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forecast on track :-)
what forecast |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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notme
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Activity: 1904
Merit: 1002
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December 27, 2012, 12:43:10 AM |
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forecast on track :-)
what forecast He sells a newsletter. |
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 27, 2012, 03:26:29 AM |
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My forecast, scattered dumps will provide a slow slide down, until we reach 12.50 ... could take months ... for anyone who actually trades with my "hit and miss forecasting" i recommend holding your short even passed 12.50... just wait for me to call bottom  and realize that this mid term short position we have taken is quite risky... |
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420
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December 27, 2012, 03:36:46 AM
Last edit: December 27, 2012, 04:18:37 AM by 420 |
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My forecast, scattered dumps will provide a slow slide down, until we reach 12.50 ... could take months ... for anyone who actually trades with my "hit and miss forecasting" i recommend holding your short even passed 12.50... just wait for me to call bottom and realize that this mid term short position we have taken is quite risky... Interpretation: "I nor anyone knows where we're going short term" I say holiday rally, maybe up to recent highs of 13.80 then come beginning january dip to mid 12's, the come ASIC's right before and as shipments announced the price spikes near $14-$15; dip. spike volatile for few months WALL PIC PLEASE |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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molecular
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Activity: 2772
Merit: 1019
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December 27, 2012, 09:38:18 AM |
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and realize that this mid term short position we have taken is quite risky...
lol. newsletter wars: Adam (down) vs. s3052 (probably up), result: sideways. you guys should think about synchronizing your "forecasts" for increased leverage and maybe critical mass. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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420
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December 27, 2012, 09:39:50 AM |
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When everyone wants it to go up and expects it to it will; until a critical mass of people want to take profits  |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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GeoRW
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Activity: 350
Merit: 257
Trust No One
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December 27, 2012, 01:24:57 PM |
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I predict that the price will go sometimes up and sometimes down. Sometimes it will even stay roughly the same. Be prepared  |
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thoughtfan
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December 27, 2012, 05:43:18 PM |
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I predict that the price will go sometimes up and sometimes down. Sometimes it will even stay roughly the same. Be prepared Thank you For my part, and I guess I'm not the only one, it's a breath of fresh air to hear an analysis like that about which we can have great confidence |
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phatsphere
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December 27, 2012, 07:05:12 PM |
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come on .. up or down?
i'm talking to you, stupid walls...
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 27, 2012, 07:31:09 PM |
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come on .. up or down?
i'm talking to you, stupid walls...
down |
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zoinky
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December 27, 2012, 08:33:33 PM |
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We're going to be stable for awhile. This is a good thing.
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