Here we go | Bitcointalksearch.org

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: exocytosis on May 25, 2014, 07:53:56 AM

The "promised" Winklevoss ETF and other bullish events are priced in already. And China will still cause more bearish news in the near term.

Imagine what happens to this "bull market" when Bitstamp announces their insolvency or that they've been "hacked by thieves".

http://www.reddit.com/r/Bitcoin/comments/26apno/bitstamp_will_not_process_withdrawal_unless_you/

imagine my ignore list Cheesy

snowdropfore

hero member

Activity: 843

Merit: 1001

are we still on track???

igorr

sr. member

Activity: 406

Merit: 250

in progress is the race bots.

mmortal03

legendary

Activity: 1762

Merit: 1011

Quote from: wachtwoord on May 25, 2014, 01:39:25 PM

Well first of all that's part of the perfect market myth, which isn't even true in adult markets, let alone Bitcoin.

Even if the myth were true, it would only be partially priced in as the chances of it happening aren't 100% until it has happened.

Exactly, even for the ones who do follow this stuff.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: mmortal03 on May 25, 2014, 11:30:01 AM

Quote from: exocytosis on May 25, 2014, 07:53:56 AM

The "promised" Winklevoss ETF and other bullish events are priced in already.

Only, and still only ideally, for the people who follow this stuff.

[/quote]

Well first of all that's part of the perfect market myth, which isn't even true in adult markets, let alone Bitcoin.

Even if the myth were true, it would only be partially priced in as the chances of it happening aren't 100% until it has happened.

Alley

legendary

Activity: 910

Merit: 1000

mmortal03

legendary

Activity: 1762

Merit: 1011

Quote from: exocytosis on May 25, 2014, 07:53:56 AM

The "promised" Winklevoss ETF and other bullish events are priced in already.

Only, and still only ideally, for the people who follow this stuff. Not for the potential investors who haven't heard that news yet (or regarding any other investment-prompting news that hasn't been fully disseminated). Such stuff simply can't be priced in, meaning whatever the necessary combination of news reaching the big wigs' ears will cause a large influx of funds. Many of these people don't even know what bitcoins are yet, so the current price can't represent the price it would be hovering around if they finally heard this news, understood the implications of it, and were motivated enough to invest.

Furthermore, people who ARE invested in bitcoins may not know about any particular piece of news or its full ramifications, meaning that from that angle, too, there can be news that isn't "priced in".

If this was closer to an efficient market like sports betting where the magnitude of the new money coming in was more predictable, and the information being used to cause this new money to come in was more widely disseminated, then you might have a point, but we're nowhere near that point, in my opinion.

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: GoofyUK on May 25, 2014, 07:39:55 AM

Pretty lines on a graph look awesome but we all know what will happen if.........

News Channel : US Government makes Bitcoin illegal!

CRASH BURN BURN CRASH OMG WE'RE ALL GONNA DIE CRASH CRASH BURN.

don't spread meaningless FUD....

before spreading a FUD post reliable informations about why you are spreading a FUD.

exocytosis

sr. member

Activity: 476

Merit: 250

The "promised" Winklevoss ETF and other bullish events are priced in already. And China will still cause more bearish news in the near term.

Imagine what happens to this "bull market" when Bitstamp announces their insolvency or that they've been "hacked by thieves".

http://www.reddit.com/r/Bitcoin/comments/26apno/bitstamp_will_not_process_withdrawal_unless_you/

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: GoofyUK on May 25, 2014, 07:39:55 AM

Pretty lines on a graph look awesome but we all know what will happen if.........

News Channel : US Government makes Bitcoin illegal!

CRASH BURN BURN CRASH OMG WE'RE ALL GONNA DIE CRASH CRASH BURN.

News Channel: Army declares martial law and imprisons government.

Oh wait, that's Thailand.

GoofyUK

newbie

Activity: 28

Merit: 0

Pretty lines on a graph look awesome but we all know what will happen if.........

News Channel : US Government makes Bitcoin illegal!

CRASH BURN BURN CRASH OMG WE'RE ALL GONNA DIE CRASH CRASH BURN.

roslinpl

legendary

Activity: 2212

Merit: 1199

people who are telling Bitcoin is a bubble are wrong from a beginning.

I was waiting so long for a rally like this one!

Already price looks very good and rally is not really stopping at the moment

Good luck to all of the racers

tuneman1980

full member

Activity: 228

Merit: 100

Quote from: MatTheCat on May 25, 2014, 05:35:50 AM

Quote from: jcoin200 on May 25, 2014, 05:11:39 AM

I'm not all that worried about a quick rise. As long as the support stays there is nothing wrong with a quick rise. Seems like there might be something big in the works that is yet to be public news also. I'm not thinking about selling for the next few weeks, I think the next bull run has officially begun

Sharp sudden rises followed by much longer staggered correction trends are symptomatic of bear market psychology and serve as a warning signal to traders.

Having said that, Bitcoin has now breached it's last remaining long term downtrend resistance line.

We're still below the long term price trend though. Not even close to being in a bubble. http://cryptocoinstats.com/priceforecaster.php

cypherdoc

legendary

Activity: 1764

Merit: 1002

That plus the short convering.

The McClellan Oscillator had damped down for several days before this indicating the trap was setting as volatility got very quiet.

That's precisely why I like to say Boom because that's what usually happens afterwards which in this case is the Breakaway.

hulk

sr. member

Activity: 392

Merit: 250

Anybody that understand chinese please go to huobi or some chinese bitcoin website and reply here please. Im sure its related to china again...

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Elwar on May 25, 2014, 12:49:03 AM

Quote from: piramida on May 23, 2014, 08:08:21 AM

I don't see how anybody could moan about an asset which sits at $400 bottom for two months giving everyone a chance to buy, and then goes straight to 550 in two days.

The people who believed the bears who were saying it would go to $380?

I am only nervous about the rise because it is going up so quickly. But we have all been waiting for this so the quick jump is understandable.

It's called a breakaway.

Very typical after a long bear phase. Bears get used to shorting the pops. That plus selling exhaustion and the tinder is set. The rapid rise allows the bulls to pull away quickly while the confused and stunned are frozen in their bear positions that worked repeatedly for months. Momentum traders have yet to scramble and get their money to the exchanges which will only cause a further rise later fueling even more positive feedback loops to come.

The news is spreading.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: jcoin200 on May 25, 2014, 05:11:39 AM

I'm not all that worried about a quick rise. As long as the support stays there is nothing wrong with a quick rise. Seems like there might be something big in the works that is yet to be public news also. I'm not thinking about selling for the next few weeks, I think the next bull run has officially begun

Sharp sudden rises followed by much longer staggered correction trends are symptomatic of bear market psychology and serve as a warning signal to traders.

Having said that, Bitcoin has now breached it's last remaining long term downtrend resistance line.

jcoin200

hero member

Activity: 504

Merit: 500

I'm not all that worried about a quick rise. As long as the support stays there is nothing wrong with a quick rise. Seems like there might be something big in the works that is yet to be public news also. I'm not thinking about selling for the next few weeks, I think the next bull run has officially begun

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: piramida on May 23, 2014, 08:08:21 AM

I don't see how anybody could moan about an asset which sits at $400 bottom for two months giving everyone a chance to buy, and then goes straight to 550 in two days.

The people who believed the bears who were saying it would go to $380?

I am only nervous about the rise because it is going up so quickly. But we have all been waiting for this so the quick jump is understandable.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: int03h on May 23, 2014, 08:00:55 AM

Quote from: piramida on May 23, 2014, 07:50:48 AM

Quote from: int03h on May 23, 2014, 07:09:25 AM

EDIT: To be a bit melodramatic : I am actually rather depressed about it all - all the fun has been destroyed. Now it's just a super inconvenient way to pay for shit.

You are just sad that bitcoins amateur days are over. There are altcoins for you! Bitcoin, whether you like it or not, needs to grow, it can't be a garage pet project and rule the world at the same time.

Well.. then we need to quit moaning about price being what it is - and it being stalled.

I don't see it being stalled, I find it to be very much alive. I don't see how anybody could moan about an asset which sits at $400 bottom for two months giving everyone a chance to buy, and then goes straight to 550 in two days.

Topic: Here we go (Read 11685 times)