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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23141. (Read 26610066 times)

legendary
Activity: 2604
Merit: 1748
My 2 cents:  We have had the bottom.

For me it's a buy now and - since I think the bottom is in - the risk is maximum $75-ish down (at worst) but the upside is way, way higher.

I am buying and have been accumulating since the dip, sub 200 (with a little day-trading the dip down from 310).




Yup - that's me  Grin
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Guys I got an E-mail update from Linkedin, I checked out and it seems like some Bitstamp employees were changing their work to a new company called GateHub Limited., So I then Googled it to try understand the reasons behind it and came to find this

This is what was interesting to me:

Quote from: GateHub link=https://xrptalk.org/topic/5293-opening-gatehub-february-2015/

For me it all started with Bitcoin. While studying architecture and working as a freelance web designer and developer, Nejc Kodrič contacted me one day and asked me to design him a website. He explained what Bitcoin is and how he believes it will change the world. I thought he was nuts. But after a while it became clear that we could make the world a better place. Bitcoin is amazing but it has limitations when it comes to everyday use. That’s where Ripple steps in.

Working for Bitstamp from the very beginning made me very fortunate to be one of the first people to get to know Ripple.

It was hard to grasp on everything it can do. But after using it for a while I realized that the founders of this protocol are up to something. Money right now is boring. There is no Twitter, Instagram or Facebook for money. You can’t have cool apps to visualize your income or spending. The reason for that is simply because we don’t have a protocol through which these apps could communicate with each other. We don’t have an API for money.

Ripple is that protocol, it is that API which we can use right now.

Knowing all that I decided that the only way to make everybody see the future is to bring the future to them. That’s how the idea of a new gateway was born. Me and my colleagues worked very hard for the last year to create something truly useful.

We hope you’ll love it as much as we do!



Enej Pungerčar, CEO and founder of GateHub Ltd.

Investors:

Investors & Advisors

Greg Kidd, CRO Ripple Labs
Chris Larsen, CEO Ripple Labs
Nejc Kodrič, CEO Bitstamp
George Frost, Lawyer



They just shitted all over Bitcoin.
sr. member
Activity: 500
Merit: 250
My 2 cents:  We have had the bottom.

For me it's a buy now and - since I think the bottom is in - the risk is maximum $75-ish down (at worst) but the upside is way, way higher.

I am buying and have been accumulating since the dip, sub 200 (with a little day-trading the dip down from 310).


member
Activity: 63
Merit: 10
New to BTC not new to the Empire of Chaos
My 2 cents:  We have had the bottom.

This the last chance for the whales to crash it and scoop up coins.  World banking and the bond markets are due for a crash, every currency is in a devaluation war, printing money.

2015 will be a volatile year.  Greece was the canary in the coalmine.

For me it's a buy now and - since I think the bottom is in - the risk is maximum $75-ish down (at worst) but the upside is way, way higher.

I am buying and have been accumulating since the dip, sub 200 (with a little day-trading the dip down from 310).

A sub 200 is possible, but I can take a 30/40 dip. 

What I don't want to miss is exchanges running out of coins and a bull run that shifts price upwards dramatically while I sleep.

I hope I am right ;-)




Thats what I want to hear!!! I have VERY little btc compared to long term guys but I BELIEVE and want to increase my holding. Hopefully for cheap (double digits) but I just dont see that happening


legendary
Activity: 1148
Merit: 1001
things you own end up owning you
cornering the market is a real danger for something so small as Bitcoin is right now, these 'dumps' are just theatre to shake coins into fewer and fewer hands ... because generally people are basically stupid and influenced emotionally by price expectations (FUD).

That's why the 'satoshi' stash is needed to thwart any future market cornering attempts, before the next wave gets too big and potentially destructive.


So you think that the growth from $13 to $1200 was completely organic, and today's price really reflect the value of Bitcoin or maybe it is even undervalued ? and you also think that people managing their risk by adjusting their position by selling are just stupid morons, and the people buying/holding are just the smart elites or at least the next to be elites ?

If the above holds as yes, then why don't you sell your house, sell your wife, sell your soul and invest every last penny you have in Bitcoin, because from your posts I understand that either: 1) you are so damn sure about your position this is why your posts sounds so confident and aggressive toward the "week hands" or 2) you are shitting your pants in fear and every post is a cry about your dreams being destroyed... and to be honest I think it is the latter one.
legendary
Activity: 2604
Merit: 1748
My 2 cents:  We have had the bottom.

This the last chance for the whales to crash it and scoop up coins.  World banking and the bond markets are due for a crash, every currency is in a devaluation war, printing money.

2015 will be a volatile year.  Greece was the canary in the coalmine.

For me it's a buy now and - since I think the bottom is in - the risk is maximum $75-ish down (at worst) but the upside is way, way higher.

I am buying and have been accumulating since the dip, sub 200 (with a little day-trading the dip down from 310).

A sub 200 is possible, but I can take a 30/40 dip. 

What I don't want to miss is exchanges running out of coins and a bull run that shifts price upwards dramatically while I sleep.

I hope I am right ;-)




legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
But the amount of BTC someone is dumping is amazing

What's amazing about it? Sell high, buy low, classic bear strategy. Rarely fails since November 2013.

I don't see the avalanche effect needed to rebuy at the bottom. It springs back up right when someone stops dumping 1000s of BTC. It's just someone cashing out thousands of BTC that's all. If this was a manipulation attempt (not sure if it's over) it has failed

You don't get it, there's no cashing out and no "manipulation", just bears increasing their BTC stack. If (when) price goes up in thousands (or 10's of thousands) of US$ the only thing that matters is how much BTC you have at that moment. If the price went <$100 in the meantime, or if that moment will be in 2015 or 2020 is completely irrelevant.

To increase your BTC stack you need to sell high buy low. There was like 2500BTC sold roughly from 230 to 226 (sell high?). But there was no volume or opportunity to rebuy lower or even at same rate. That person either just cashed out or sold low and now rebuying higher. Which i doubt

They are buying now, not selling, that's what is confusing you. Let me try to explain through example of yesterdays and today's traders action: Massively dumping @ 300 yesterday bringing the price down, buying back at $265 yesterday. Again dumping @ $250 today, obviously buying back as we speak. As long as they can dump enough to start the price movement, there are weak hands continuing the trend until there's no force in the dump action, they start to buy back. The cycle is repeated at the next sign of market weakness. Everybody happy, weak hands liberated from the burden of holding BTC. Eventually the market will drive the price to expected high US$ dollar value when usefulness of the coin builds up in the years to come.

So by that logic the 2500BTC sold from 230 to 226 that never had a chance to be rebought are sheep  Huh  i don't buy this theory
legendary
Activity: 1512
Merit: 1000
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
cornering the market is a real danger for something so small as Bitcoin is right now, these 'dumps' are just theatre to shake coins into fewer and fewer hands ... because generally people are basically stupid and influenced emotionally by price expectations (FUD).

That's why the 'satoshi' stash is needed to thwart any future market cornering attempts, before the next wave gets too big and potentially destructive.

Well it's going to move a few people who got bear trapped in the most recent price climb
Earlier holders from the 180 to 200 range will just take profits for now and see what happens or maybe if they cashed out get back in again and hold longer still a fairly decent entry at 230 even with a down shift or upshift of +50 in the next week or so.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1281
Merit: 1046
ok... strange...

google: "mcdonalds bitcoin"



You are a little late. They won't accept no Bitcoin...
legendary
Activity: 1568
Merit: 1002
ok... strange...

google: "mcdonalds bitcoin"

sr. member
Activity: 502
Merit: 251
This roller coaster is hurting my ass... Bought more at 300 expecting more rise.

Listening to the Cult shysters is an iron-clad way of getting your ass handed to you. The only way to come out ahead in this scam is to sell/short whenever you hear moon, 'good news', wall street, 10K around the corner, etc.
hero member
Activity: 910
Merit: 1003
This is looking mighty scary now. A major crash has been building in those limp tops. Question is how it´ll effect Bitcoin



Considering the scale at right, it is not that scary.  Not in bitcoin terms, at least.
legendary
Activity: 1552
Merit: 1047
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
cornering the market is a real danger for something so small as Bitcoin is right now, these 'dumps' are just theatre to shake coins into fewer and fewer hands ... because generally people are basically stupid and influenced emotionally by price expectations (FUD).

That's why the 'satoshi' stash is needed to thwart any future market cornering attempts, before the next wave gets too big and potentially destructive.
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