Author

Topic: All the big guys are buying bitcoin around $300 (Read 1063 times)

legendary
Activity: 952
Merit: 1005
--Signature Designs-- http://bit.ly/1Pjbx77
November 03, 2014, 02:08:35 AM
#5
Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360.

I wish what you are saying is true. But the fact is, the "big guys" aren't buying enough and a lot of these "big guys" are not in bitcoin for the long haul.
full member
Activity: 126
Merit: 100
The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level!  Wink

Who are exactly "the big guys" ?



Funny pic lol but it means big companies that are already have bitcoin businesses... check blockchain or bitcoin rich list & get an idea of what's happening!
legendary
Activity: 1176
Merit: 1010
Borsche
The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level!  Wink

Who are exactly "the big guys" ?

member
Activity: 61
Merit: 10
The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level!  Wink

Who are exactly "the big guys" ?
full member
Activity: 126
Merit: 100
The reason why we can't sustainably stay below $300 is because there are way too many buyers at this level! All this sideways trading is creating a huge base & it looks like the short sellers will be squeezed out soon... Perfect time to cover shorts, I def have covered all my shorts & started nibbling since 360. Im willing to buy way more at 300 just like many other people and this huge whale that's been picking up plenty coins around this level!  Wink
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