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Topic: Market has peaked, sell off incoming. - page 7. (Read 13740 times)

legendary
Activity: 1834
Merit: 1019
July 29, 2013, 12:11:00 AM
#42
 pleeeease kraken, coinsetter, coinlab, et. al., fill the void before gox goes down!!

in related news, why did mtgox never follow through on their deal with coinlab?
hero member
Activity: 714
Merit: 502
July 28, 2013, 11:37:13 PM
#41
I think bitcoin will drop to around the 50 dollar mark on the gox announcement


FUD

Where is any real information on this? Got a link?

https://www.facebook.com/MtGox
https://bitcointalk.org/index.php?board=85.0
https://bitcointalksearch.org/topic/m.2819309
https://bitcointalksearch.org/topic/mtgox-withdrawal-delays-gathering-179586
https://bitcointalksearch.org/topic/mtgox-sepa-withdraw-delays-189977

Dear Valued comment maker,

Thank you for contacting me regarding your information request.

I've provided some links but due to a change in my artwork department I'm currently experiencing a back-log whilst trying to draw people a fucking picture to spell out the obvious.

I'm working hard to increase the speeds of my artwork, but there is approximately a two-week back-log I need to overcome which has now been going on for four months.

It will take a few weeks to get back to normal, and I thank you for your patience during this time.

Again, I apologize for the delay and will contact you once I've drawn you a fucking picture.

Please don't try and chase up this email when you start to realize you're never going to get the fucking picture, as I will copy and paste this same email by way of reply.

Best regards,
sr. member
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
July 28, 2013, 05:12:42 PM
#40
ya weeeeeks to recover. er i mean it will be over 100 on sunday. bahaha. lame!!!!  i see it going to 105 by tomorrow morning. we usually see a buy late Sunday in the us. so morning in china and japan? thats about right....or maybe morning in Europe.
legendary
Activity: 1904
Merit: 1002
July 28, 2013, 04:10:18 PM
#39
~ $92.50 then we run for $104

Well the bears disappoint slightly, but the correction bottomed at $93 and then wave 1 of 3 of 3 off the $65 bottom is probably finished at $99.9.  Now we have a small corrective wave followed by 3 of 3 of 3.  Students of Elliot Wave know what that means.  Wink
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
July 28, 2013, 03:54:30 PM
#38
I think bitcoin will drop to around the 50 dollar mark on the gox announcement


FUD

Where is any real information on this? Got a link?
legendary
Activity: 2170
Merit: 1094
July 28, 2013, 11:11:42 AM
#37
I had my money in $ when this started because I believed there will be another dump today or early tomorrow morning,
so I had to buy at an average of 98 while the events were unfolding. My 2 hour session had expired, so I had to input password
and press Yubikey before buying. I later sold at 99 into the buy wall that disappeared seconds after.
This time it sucked to be a bear...
legendary
Activity: 1834
Merit: 1019
July 28, 2013, 11:05:20 AM
#36
Wait, tzupy, can you walk me through your thinking when you decided to buy at 98 after selling at 99?
legendary
Activity: 2170
Merit: 1094
July 28, 2013, 11:00:35 AM
#35
This new whale buy confirms that the dump on the 27th was a mistake.
They should have just waited and dumped into the buy wall at 99, like I did.
Unfortunately for me, when this buy started I had only $, courtesy of the dump,
so I had to buy at an average of 98, and made almost no profit.
hero member
Activity: 672
Merit: 500
July 28, 2013, 10:54:09 AM
#34
So far this guy is correct...

You must be in the wrong thread.
full member
Activity: 157
Merit: 100
July 28, 2013, 10:46:39 AM
#33
So far this guy is correct...
legendary
Activity: 1148
Merit: 1001
July 28, 2013, 09:40:33 AM
#32
In the mean time I thought of a possible explanation of this strange looking dump.
The sellers were careful not to cross the bid sum with the ask sum, so they don't trigger a panic sale yet.
But they dumped more than required to make a nice profit at the 96 wall, so maybe they were testing the market.
This means we can expect other such dumps the coming days, but only the last one will trigger a panic sale.
Don't ask me which will be the last one, I simply don't know. For this possible explanation, do I get a cookie?  Grin

As long as there are enough people interested in buying up the coins being "dumped" it should not be a problem and will not affect the price that much.  Personally I think anyone dumping coins is crazy right now.  I think Bitcoin may plateau for a month or two but it is just a matter of time before we have another spike in price, and this time I believe it will be much more than the last spike.  As more and more people are interested in buying and using the demand will just naturally increase.
hero member
Activity: 714
Merit: 502
July 28, 2013, 09:04:01 AM
#31
I think bitcoin will drop to around the 50 dollar mark on the gox announcement
hero member
Activity: 672
Merit: 500
July 28, 2013, 06:15:25 AM
#30
Dude this is the spec board, we're all entitled to our own guesses. Have you extended your reputation out and made any of your own?

So MtGox is servicing withdrawals AND we have 155k BTC to be dispersed in 4 hours?

Goodbye, triple digits. Does anyone remember those?

I'm starting to think you are mentally challenged or something.
You already looked like a complete fool twice over the past 2 weeks and you just go on like nothing happened. Just like that other delusional tool Rampion. What is wrong with you people? Don't you have any shame?
Don't you see you were wrong twice already? Do you just ignore it or what?
I'm just totally amazed by your behaviour. You really don't seem sane.
Stop being so butthurt. It doesn't suit you.  Wink

Anyway, they've both been pretty solid the past couple months and I take their analyses into consideration. You, on the other hand....  Wink

My analysis? I don't analyze shit because unlike some idiots here i don't want to look like a clown all the time.
And butthurt? For what?
Twice that idiot said no more triple digits in 2013 and both times we had triple digits a few days later.
And he seems completely delusional about it.
And so do you btw if you take anything in consideration this moderator says.
But hey, i couldn't care less if you lose your money because of him.
Actually it would kinda amuse me. Just like it amused me to see Rampion burning his coins.

So you have. i'll count your analysis of these fools Smiley I do see your point. Some people make dumb ass or blatantly manipulative "guesses" and I hate that shit.

and granted, I was about to make the same post calling Grabble out too  Cheesy

Nothing wrong with speculating on a speculation forum. I just don't get why these people insist to present everything as a 100% fact. It's just a stupid thing to do. But they don't seem to care. The topic starter will most likely do it again by tomorrow.
sr. member
Activity: 308
Merit: 250
Jack of oh so many trades.
July 28, 2013, 06:10:36 AM
#29
So is $3 considered a huge drop nowadays?
legendary
Activity: 2170
Merit: 1094
July 28, 2013, 05:58:29 AM
#28
The dumps on the 27th July, early morning, about 5 hours 20 minutes (my local time) and then precisely 3 hours later.
For a total of 4,000 - 5,000 BTC, they made most of the volume yesterday.
legendary
Activity: 1834
Merit: 1019
July 28, 2013, 05:43:47 AM
#27
In the mean time I thought of a possible explanation of this strange looking dump.
The sellers were careful not to cross the bid sum with the ask sum, so they don't trigger a panic sale yet.
But they dumped more than required to make a nice profit at the 96 wall, so maybe they were testing the market.
This means we can expect other such dumps the coming days, but only the last one will trigger a panic sale.
Don't ask me which will be the last one, I simply don't know. For this possible explanation, do I get a cookie?  Grin

you piqued my curiosity. do you have a number for the selling volume the past few days? which dumps are you referring to btw?
legendary
Activity: 2170
Merit: 1094
July 28, 2013, 05:34:24 AM
#26
In the mean time I thought of a possible explanation of this strange looking dump.
The sellers were careful not to cross the bid sum with the ask sum, so they don't trigger a panic sale yet.
But they dumped more than required to make a nice profit at the 96 wall, so maybe they were testing the market.
This means we can expect other such dumps the coming days, but only the last one will trigger a panic sale.
Don't ask me which will be the last one, I simply don't know. For this possible explanation, do I get a cookie?  Grin
legendary
Activity: 1834
Merit: 1019
July 28, 2013, 05:26:31 AM
#25
Dude this is the spec board, we're all entitled to our own guesses. Have you extended your reputation out and made any of your own?

So MtGox is servicing withdrawals AND we have 155k BTC to be dispersed in 4 hours?

Goodbye, triple digits. Does anyone remember those?

I'm starting to think you are mentally challenged or something.
You already looked like a complete fool twice over the past 2 weeks and you just go on like nothing happened. Just like that other delusional tool Rampion. What is wrong with you people? Don't you have any shame?
Don't you see you were wrong twice already? Do you just ignore it or what?
I'm just totally amazed by your behaviour. You really don't seem sane.
Stop being so butthurt. It doesn't suit you.  Wink

Anyway, they've both been pretty solid the past couple months and I take their analyses into consideration. You, on the other hand....  Wink

My analysis? I don't analyze shit because unlike some idiots here i don't want to look like a clown all the time.
And butthurt? For what?
Twice that idiot said no more triple digits in 2013 and both times we had triple digits a few days later.
And he seems completely delusional about it.
And so do you btw if you take anything in consideration this moderator says.
But hey, i couldn't care less if you lose your money because of him.
Actually it would kinda amuse me. Just like it amused me to see Rampion burning his coins.

So you have. i'll count your analysis of these fools Smiley I do see your point. Some people make dumb ass or blatantly manipulative "guesses" and I hate that shit.

and granted, I was about to make the same post calling Grabble out too  Cheesy
hero member
Activity: 672
Merit: 500
July 28, 2013, 05:12:47 AM
#24
So Grabble, which saturday were you talking about exactly?
You must feel pretty goddamn stupid right now i assume and in the future you will think twice about postings predictions as a fact, right?

Also since you were so sure about this big sell off i take it you sold all your Bitcoins yesterday to be ahead of the big drop?
Please confirm.
legendary
Activity: 1148
Merit: 1001
July 27, 2013, 06:27:41 PM
#23
averaging 2% fluctuation is - no news - back to being boring! nothing is going to happen. we are  past the "crashing" phase. now we all just sit and wait for news to be the leading cause of movement

Hopefully some more positive news and perhaps another crisis in some country. Wink  I guess boring is better then a huge sell off though.
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