Topic: It's that time again! Rally is coming soon :) - page 2. (Read 4117 times)
It can it be a deliberate rise in the price, to sell at high price and then to buyback at a lower price. It seems that the guy(s) really know how to trade and use bots, want to profit A LOT (maybe driving prices lower than 2) and also they LIKE to play with the market. I feel a lot of ego.
The manipulator is nothing but early adopters trying to cash out a little. I doubt this paradigm will change.
It is the way that it goes down that is what appears to be manipulation.
Large walls set up that then fall just as it is going down.
Early adopters are not sitting on $100k to put up walls while also selling $100k worth of BTC.
The manipulator is nothing but early adopters trying to cash out a little. I doubt this paradigm will change.
Especially with a clear and well established down trend (despite the past week or so) coupled with fresh bad news (i.e. the Euro transfer stuff). I think we're currently in a calm before another very bad storm.
The manipulator is nothing but early adopters trying to cash out a little. I doubt this paradigm will change.
Even though I wish the price was up over $100/BTC I believe that the price will hover around $4 for a while.
It is apparent with the easing of the mining difficulty that we dipped below profitability for some miners when we reached the $4 range.
The "manipulator" drove the price down below $3 but it is slowly rising up to its real value.
If current mining difficulty is steady, many miners will hold more than sell slowing the inflation rate. And if we can make it through to late 2012 then the blockchain reward will be cut in half and there will be an upward movement in price from there on out.
It is apparent with the easing of the mining difficulty that we dipped below profitability for some miners when we reached the $4 range.
The "manipulator" drove the price down below $3 but it is slowly rising up to its real value.
If current mining difficulty is steady, many miners will hold more than sell slowing the inflation rate. And if we can make it through to late 2012 then the blockchain reward will be cut in half and there will be an upward movement in price from there on out.
How nice of you to crop it so you can't see the bear trendline before it.
The long term bear trend line is broken by this bull trend for the first time since July (hence the rally).
Also this just happens to be the current trend - it may fail - at which point I will sell. I'm not suggesting the trend lines won't be broken - but it seems a reasonable guide for the short term.
don't worry, he only sees what he wants to.
That's wrong. I am just cautious.
If that were the case I wouldn't even bothered with a reply.
We're all cautious, but it helps to have some idea where the edge of the cliff is when walking blind. That trend-line is my cliff edge and I suspect I'm not the only one.
How nice of you to crop it so you can't see the bear trendline before it.
The long term bear trend line is broken by this bull trend for the first time since July (hence the rally).
Also this just happens to be the current trend - it may fail - at which point I will sell. I'm not suggesting the trend lines won't be broken - but it seems a reasonable guide for the short term.
don't worry, he only sees what he wants to.
That's wrong. I am just cautious.
If that were the case I wouldn't even bothered with a reply.
How nice of you to crop it so you can't see the bear trendline before it.
The long term bear trend line is broken by this bull trend for the first time since July (hence the rally).
Also this just happens to be the current trend - it may fail - at which point I will sell. I'm not suggesting the trend lines won't be broken - but it seems a reasonable guide for the short term.
don't worry, he only sees what he wants to.
I have to have some device to make a buy/sell decision. There is a trend and that's the only information I have - it looks ok so I buy - it looks bad so I sell. What do other people do? Buy when the trend is obviously down?
How nice of you to crop it so you can't see the bear trendline before it.
The long term bear trend line is broken by this bull trend for the first time since July (hence the rally).
Also this just happens to be the current trend - it may fail - at which point I will sell. I'm not suggesting the trend lines won't be broken - but it seems a reasonable guide for the short term.
don't worry, he only sees what he wants to.
How nice of you to crop it so you can't see the bear trendline before it.
The long term bear trend line is broken by this bull trend for the first time since July (hence the rally).
Also this just happens to be the current trend - it may fail - at which point I will sell. I'm not suggesting the trend lines won't be broken - but it seems a reasonable guide for the short term.
How nice of you to crop it so you can't see the bear trendline before it.
$3.25 peak, already down to $2.95. Almost 10% off already. I hope people enjoyed the rush.
10% change in price is totally normal for bitcoin - the current trend still looks promising - $3 didn't break today (so far), which looks to be the bottom of the current trend.
Are we set for another rally after the European Conference?
I certainly think so.
I'd hold onto any coins you can get your grubby little hands on.
-Wolf
http://tattlecoin.com/2011/rumor-bitcoin-set-huge-price-jump/
from your link:I certainly think so.
I'd hold onto any coins you can get your grubby little hands on.
-Wolf
http://tattlecoin.com/2011/rumor-bitcoin-set-huge-price-jump/
"Remember that price bump I predicted back before the NYC Bitcoin Conference? Get ready for that bump’s big brother."
You predicted nothing.
There was no real price bump caused by the NY conference and it went downhill from there.
There was a small rally between 19 and 20 aug. but that price difference doesn't even cover commision.
There was a collapse a few weeks before that conference from $14 to $11 and our market didn't recover from that by the time the conference 'bump' happened.
After that it all went downwards and we are now at around $3.
You , sir , are full of it.
The miners are the speculators that bring the market down. Probably the reason why its at $3 now instead of $20.
Some large pool probably just decided to cash out then bam a wave of straight selling hits eventually driving the price down to peanuts.
Some large pool probably just decided to cash out then bam a wave of straight selling hits eventually driving the price down to peanuts.
Supply is way down.... bitcoin.sipa.be
Actually it's up, if you look at it this way. More coins for individual miners means more overall coins would hit the market since everybody has some imaginary figure in his head of what to keep which isn't likely to change very rapidly. Of course a lagging difficulty adjustment would in fact release less coins over the same time period which you are right decrease supply temporally.I think both effects compensate each other more or less and that said, the coins having the most influence on the market are old coins, cuz they are more.
damn, I need to stop posting on this forum people are way to obsessed with prices it has become everything... all hell would break loose if that aspect of bitcoin would start to become irrelevant.
Supply is way down.... bitcoin.sipa.be
The crash was simply someone cashing out. The rally may or may not continue. For it not to continue, we need actual constant selling pressure.
One of the problems I have with selling (which I could now do at a profit...finally) is that I am not sure I could get back in again if I wanted to.
I could see all manner of hassles cropping up for the exchanges and they having no real alternative but to shutter their doors at any time. Put the right kind of injunction in place, and a little pressure on the right judge or regulator, and we could have a pretty tight lockdown.
I've no idea if this bothers any other potential sellers or not of course.
The crash was simply someone cashing out. The rally may or may not continue. For it not to continue, we need actual constant selling pressure.
I feel really good about this 
.
. 
$3.25 peak, already down to $2.95. Almost 10% off already. I hope people enjoyed the rush.
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