Some panic buying going on.
Yeeeee haaaa
Hop on the train before it's too late.
Topic: this is insane again - page 4. (Read 7010 times)
This stuff is definiely not good for Bitcoin. It won't be widely accepted as long as it's dancing like this, it'll just be a speculation asset.
I agree however the $266-$105 is much more damaging. However more adoption will bring more stability. This is a chicken and egg problem. Silk road is able to keep trades flowing and last night I researched and learned how. Obviously as the bubble goes up they make huge profits. However, they hedge orders for sellers and pay them out of their own pockets on the falls. The system seems to have worked great during the bubble. This isn't an issue for more buyers as they get coin and make the purchase and the sell price can be set to move up and down with the USD.
For less volatility we need a higher market cap.
Thus, we need higher prices. Weeeeee!
Thus, we need higher prices. Weeeeee!
This stuff is definiely not good for Bitcoin. It won't be widely accepted as long as it's dancing like this, it'll just be a speculation asset.
We were in a downward channel for like a week, no real bulltraps from what I see. Now we are in an upward channel and broke straight through the previous downward channel after what many are thinking was a double bottom in the 50s.
I look at the past 5 days and I see a bulltrap everyday. Based on the selloff that just happened this one might be about to break. We are at 92.9 right now for reference.
We were in a downward channel for like a week, no real bulltraps from what I see. Now we are in an upward channel and broke straight through the previous downward channel after what many are thinking was a double bottom in the 50s.
why so angry?
because swings like these destroy the confidence in bitcoin as a mean of exchange for goods.
Of course I want to get rich, like anyone else. But for the sake of the bitcoin idea itself I'd be way happier with some stability.
96.89 at the moment of this writing. 
Whoever ass-manipulator is behind this, please keep going on with your bull trap setup. I can't care less. Most of my BTCs are in cold storage by now and definitely not for sale any time soon. Feel free to crash the market as many times as you wish. All you can have is a bit of my play money. Yes I bought BTC lower this morning and sold higher right now. 3 grand Euros in 7 hours. Feels good. They'll pay for a hell of a birthday party. Thanks for those.
Whoever ass-manipulator is behind this, please keep going on with your bull trap setup. I can't care less. Most of my BTCs are in cold storage by now and definitely not for sale any time soon. Feel free to crash the market as many times as you wish. All you can have is a bit of my play money. Yes I bought BTC lower this morning and sold higher right now. 3 grand Euros in 7 hours. Feels good. They'll pay for a hell of a birthday party. Thanks for those.
Looking at block chains it isn't a "manipulator" or an intentional bull trap. It is just a bunch of bulls trying to get back on the bandwagon. I do agree it is yet another bull trap though even if only misguided. We have had like ten of them since $55 and every single time people start posting the crash is over. This maybe more hope on the OKCupid announcement yesterday and other news today I saw on Huffington Post.
why so angry?
96.89 at the moment of this writing.
Whoever ass-manipulator is behind this, please keep going on with your bull trap setup. I can't care less. Most of my BTCs are in cold storage by now and definitely not for sale any time soon. Feel free to crash the market as many times as you wish. All you can have is a bit of my play money. Yes I bought BTC lower this morning and sold higher right now. 3 grand Euros in 7 hours. Feels good. They'll pay for a hell of a birthday party. Thanks for those.
Whoever ass-manipulator is behind this, please keep going on with your bull trap setup. I can't care less. Most of my BTCs are in cold storage by now and definitely not for sale any time soon. Feel free to crash the market as many times as you wish. All you can have is a bit of my play money. Yes I bought BTC lower this morning and sold higher right now. 3 grand Euros in 7 hours. Feels good. They'll pay for a hell of a birthday party. Thanks for those.
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