why would the DPR trial affect btc prices? just interested to hear your logic?
I would assume the winklevoss etf being denied or approved would drive prices more.
Topic: and we are officially off to test the previous high at around $270 (Read 2157 times)
October 05, 2014, 07:53:33 PM
October 05, 2014, 07:42:42 PM
its the approximate previous spike high give or take a few dollars
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
April 10th 2013, $266. I remember that day pretty well. Gox froze and was down for hours. When they reopened, trading zigzagged between $50 and $150 violently for a while. That terminated the spring-2013 run-up.
of course GOX froze. It is the biggest market manipulator out there. It froze during many pre ample to crashes, to decide which route to take to make the most $.
I would speculate that we continue to see significant price declines up until the DPR/SR trial at which time we could potentially see a recovery
October 05, 2014, 07:36:24 PM
hmmm I hope I get those coins, looking like a rather fortuitous buy in, so far
next buy in will be at $180 ($10 0000) and after that $90 ($20 000), if those levels are ever seen
next buy in will be at $180 ($10 0000) and after that $90 ($20 000), if those levels are ever seen
October 05, 2014, 11:48:36 AM
MTgox and butterfly labs should have gone into business together.
the 2 sets of biggest thieves on planet earth, in one unholy matrimony
testing the waters:
http://imgur.com/7Zdffks
the 2 sets of biggest thieves on planet earth, in one unholy matrimony
testing the waters:
http://imgur.com/7Zdffks
October 05, 2014, 11:31:09 AM
its the approximate previous spike high give or take a few dollars
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
April 10th 2013, $266. I remember that day pretty well. Gox froze and was down for hours. When they reopened, trading zigzagged between $50 and $150 violently for a while. That terminated the spring-2013 run-up.
of course GOX froze. It is the biggest market manipulator out there. It froze during many pre ample to crashes, to decide which route to take to make the most $.
October 05, 2014, 11:26:47 AM
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300
lol
didn't even take 24 hrs, my time frame was 1 month or so
October 04, 2014, 03:58:40 AM
A major bounce should happen around $180-$200.
Then it eithers pumps and stabilises or it's done for.
Then it eithers pumps and stabilises or it's done for.
October 04, 2014, 03:52:40 AM
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
At this point it's kind of fun.
To see where the bottom fishing will stop.
I'm guessing 299 is when people will just stop to care LOL.
October 04, 2014, 03:50:28 AM
wow this forum has become pessimistic
last time i was here was 6 months ago or more maybe and then it was bitcoin to the moon, buy now before the next super spike etc
now more than half the posts are bitcoin sucks
last time i was here was 6 months ago or more maybe and then it was bitcoin to the moon, buy now before the next super spike etc
now more than half the posts are bitcoin sucks
you mean many people are complaining about the price crash? that's because bitcoin is going to the final capitulation and more and more people can see the fact now
October 04, 2014, 03:36:46 AM
wow this forum has become pessimistic
last time i was here was 6 months ago or more maybe and then it was bitcoin to the moon, buy now before the next super spike etc
now more than half the posts are bitcoin sucks
last time i was here was 6 months ago or more maybe and then it was bitcoin to the moon, buy now before the next super spike etc
now more than half the posts are bitcoin sucks
October 04, 2014, 03:31:28 AM
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
Why do people keep insisting previous high is important? Imo April low and mid-2013 period between two bubbles are much more important resistant points than peak from previous bubble. Even tough I don't think any of them are relevant, bitcoin will continue it's course regardless of those numbers 266 or 100 or 400 is just like any other.
Last phase of bubble is usually hysterical, 50% correction before making a new high is not unconventional in the last phase of a bubble.
October 04, 2014, 03:23:45 AM
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
Why do people keep insisting previous high is important? Imo April low and mid-2013 period between two bubbles are much more important resistant points than peak from previous bubble. Even tough I don't think any of them are relevant, bitcoin will continue it's course regardless of those numbers 266 or 100 or 400 is just like any other.
October 04, 2014, 03:08:57 AM
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
I am more pessimistic than you.
If price go around 100-200 area, I might buy 10-20 coins like lottery ticket.
October 04, 2014, 01:28:40 AM
I believe there are millions $$$ just waiting for the right time to enter
October 03, 2014, 11:20:59 PM
glad to see more and more people start to see the incoming downfall of bitcoin, $270 is never the end of this final capitulation, you will see $100 $1x and single digital for sure
today, permabulls and scammers can hardly fool more people to buy their bags in this ponzi pyramid schemes any more which is good,
people start to admit the fact and cut their losses, buy bitcoin if you want to get poor quick
today, permabulls and scammers can hardly fool more people to buy their bags in this ponzi pyramid schemes any more which is good,
people start to admit the fact and cut their losses, buy bitcoin if you want to get poor quick
possibly.
who knows.
but there are not many (any?) alternatives to fiat currency that are as easily portable as bitcoin. So i reckon its worth the (substantial) risk.
October 03, 2014, 11:11:41 PM
glad to see more and more people start to see the incoming downfall of bitcoin, $270 is never the end of this final capitulation, you will see $100 $1x and single digital for sure
today, permabulls and scammers can hardly fool more people to buy their bags in this ponzi pyramid schemes any more which is good,
people start to admit the fact and cut their losses, buy bitcoin if you want to get poor quick
today, permabulls and scammers can hardly fool more people to buy their bags in this ponzi pyramid schemes any more which is good,
people start to admit the fact and cut their losses, buy bitcoin if you want to get poor quick
October 03, 2014, 11:10:40 PM
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300
eh?
we down 70% off the high, whats another less than 10% to take it to 270
odds are very very good
So are the odds of us reversing back up.
Selling and seeing if we follow the trend lower is a bit risky but may be ok. Shorting here hoping for larger falls is madness.
well anyone who trades bitcoin on margin is asking to eventually get their ass handed to them. I have never recommended shorting bitcoin.
but I am recommending standing aside to see where this goes.
its not just bitcoin getting hit, gold, silver, euro, gbp, soybeans, oil, in fact anything that isnt the US dollar.
Bit late in the bear market for me to duck out. I think i'll just stick it out and actually buy more. Most people who were thinking about selling probably already have. Barring a black swan the gains by selling and buying back in are probably not worth the hassle for me to decrypt my coins from coin storage.
October 03, 2014, 11:07:54 PM
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300
eh?
we down 70% off the high, whats another less than 10% to take it to 270
odds are very very good
So are the odds of us reversing back up.
Selling and seeing if we follow the trend lower is a bit risky but may be ok. Shorting here hoping for larger falls is madness.
well anyone who trades bitcoin on margin is asking to eventually get their ass handed to them. I have never recommended shorting bitcoin.
but I am recommending standing aside to see where this goes.
its not just bitcoin getting hit, gold, silver, euro, gbp, soybeans, oil, in fact anything that isnt the US dollar.
October 03, 2014, 11:02:18 PM
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300
eh?
we down 70% off the high, whats another less than 10% to take it to 270
odds are very very good
So are the odds of us reversing back up.
Selling and seeing if we follow the trend lower is a bit risky but may be ok. Shorting here hoping for larger falls is madness.
October 03, 2014, 10:59:09 PM
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300
eh?
we down 70% off the high, whats another less than 10% to take it to 270
odds are very very good
October 03, 2014, 07:54:18 PM
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300
October 03, 2014, 07:09:25 PM
Undoubtedly, Huobi will pump bitcoin if it ever falls back to 260ish, like they did on every psychological opportunity this year
IMO it's dangerous to short for a quick buck from here down to 300ish.
IMO it's dangerous to short for a quick buck from here down to 300ish.
anyone doing anything with bitcoin on margin is very likely to eventually get their ass handed to them. This is not one of those items anyone should try get fancy with IMO
October 03, 2014, 07:08:45 PM
Love it
October 03, 2014, 07:07:26 PM
Unless someone just starts to buy up all the BTC on the asks and triggers short squeezes and chain reactions all around (very probably won't happen), the $200s are almost a sure thing I would say.
Of course the road would be full of dead cats, bull traps and slow bounces, but going there it seems.
Of course the road would be full of dead cats, bull traps and slow bounces, but going there it seems.
October 03, 2014, 06:56:27 PM
Undoubtedly, Huobi will pump bitcoin if it ever falls back to 260ish, like they did on every psychological opportunity this year
IMO it's dangerous to short for a quick buck from here down to 300ish.
IMO it's dangerous to short for a quick buck from here down to 300ish.
October 03, 2014, 06:53:06 PM
Possible. Less than $100 away from it at the moment, definitely not "impossible" anymore, as was the claim a month or two ago.
I would add the caveat that, if everyone expects a drop to x, it often stops just a tad /short/ of x, so I don't know about the exact target, but going back to the 200s now looks like a real possibility, unless we see a drastic return of buying pressure (to the point where the weekly closes green).
Quite the bear market we're in :/
I would add the caveat that, if everyone expects a drop to x, it often stops just a tad /short/ of x, so I don't know about the exact target, but going back to the 200s now looks like a real possibility, unless we see a drastic return of buying pressure (to the point where the weekly closes green).
Quite the bear market we're in :/
October 03, 2014, 06:39:43 PM
precious metals getting raped too. Euro and GBP as well.
definitely 2014 has been the year of the US dollar.
definitely 2014 has been the year of the US dollar.
October 03, 2014, 06:39:24 PM
its the approximate previous spike high give or take a few dollars
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
April 10th 2013, $266. I remember that day pretty well. Gox froze and was down for hours. When they reopened, trading zigzagged between $50 and $150 violently for a while. That terminated the spring-2013 run-up.
October 03, 2014, 06:36:01 PM
A month ago I would have thought it highly unlikely, but the recent trend is clearly in that direction. Really disappointing since a lot of news seems to be pretty good.
October 03, 2014, 06:35:25 PM
its the approximate previous spike high give or take a few dollars
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
go look at bitcoin chart
i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.
October 03, 2014, 06:33:23 PM
How did you end up with $270? 
October 03, 2014, 06:25:19 PM
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
that 270 doesn't hold and this could get ugly.
I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.
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