if stamp breaks into the 3xx - we are screwed
i call bottom at 392...
The bottom is calculated long ago, browse around. It's the price it costs to mine BTC with electricity cost that most miners pay, currently somewhere around $280.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25728. (Read 26610046 times)
September 19, 2014, 04:12:21 AM
i call bottom at 392...
The bottom is calculated long ago, browse around. It's the price it costs to mine BTC with electricity cost that most miners pay, currently somewhere around $280.
September 19, 2014, 04:12:18 AM
I was expecting long stops to be set around 399, but there weren't many. Longs are actually up 700k for the hour.
No cascade, for now.
No cascade, for now.
Well btc is strong i think we will not brake the 380-370 because there is allot of holders there and they will not sell any of BTC
It doesn´t take many sellers if there are not enough buyers!
September 19, 2014, 04:11:04 AM
I closed a part of my short from $500 at $395.
I actually was expecting a larger spike down to $350-380 with the stops/margin calls getting set off.
I think from this area might be a temporarily bounce.
Seems most of the selling was accelerated by LTC/CNY
I actually was expecting a larger spike down to $350-380 with the stops/margin calls getting set off.
I think from this area might be a temporarily bounce.
Seems most of the selling was accelerated by LTC/CNY
September 19, 2014, 04:10:11 AM
I was expecting long stops to be set around 399, but there weren't many. Longs are actually up 700k for the hour.
No cascade, for now.
No cascade, for now.
Well btc is strong i think we will not brake the 380-370 because there is allot of holders there and they will not sell any of BTC
September 19, 2014, 04:07:59 AM
I was expecting long stops to be set around 399, but there weren't many. Longs are actually up 700k for the hour.
No cascade, for now.
No cascade, for now.
September 19, 2014, 04:04:19 AM
The Lowest low since the last bubble is 339.79 (Bitstamp ) if we break that in the next couple of weeks, holders consider your selves fucked big time.
September 19, 2014, 04:00:19 AM
Here comes the rebound
That unbelievable bounce back.
....all the way to 403.
September 19, 2014, 03:57:22 AM
What actually is happening: 
September 19, 2014, 03:56:34 AM
Irrational dumps... check.
More than 50% "This user is currently ignored." posts... check.
New threads with "bagholder" in title... check.
Bankers buttboys detected.
Probable result, replacement of SDR with bitcoin delayed by approximately 2 months.
Suggested action, eat popcorn.
More than 50% "This user is currently ignored." posts... check.
New threads with "bagholder" in title... check.
Bankers buttboys detected.
Probable result, replacement of SDR with bitcoin delayed by approximately 2 months.
Suggested action, eat popcorn.
despair.... check
delusion... check
denial....check
conclusion: no conclusion, just humans being humans.
September 19, 2014, 03:56:03 AM
Here comes the rebound
That unbelievable bounce back.
September 19, 2014, 03:55:13 AM
War on the supply side terrorists! Kill the extremists, before they kill us!
September 19, 2014, 03:54:34 AM
Here comes the rebound
September 19, 2014, 03:53:44 AM
hopefully you guys got some sub-400 coins
September 19, 2014, 03:53:41 AM
The volume of this sell off is still nowhere near of that of the previous major lows.
that tells me that we are far far away from bottoming.
i would expect the volume of this capitulation to be lower than the april one.
Same.. April was genuine panic "China" etc. This time there's no obvious reason, aside from sheep following dumpers.
September 19, 2014, 03:52:28 AM
The volume of this sell off is still nowhere near of that of the previous major lows.
that tells me that we are far far away from bottoming.
i would expect the volume of this capitulation to be lower than the april one.
September 19, 2014, 03:51:32 AM
I want my hard-earned money back! 
September 19, 2014, 03:50:04 AM
The volume of this sell off is still nowhere near that of the previous major lows.
And how much was that?
September 19, 2014, 03:44:07 AM
The volume of this sell off is still nowhere near of that of the previous major lows.
that tells me that we are far far away from bottoming.
September 19, 2014, 03:43:33 AM
if stamp breaks into the 3xx - we are screwed
i call bottom at 392...
September 19, 2014, 03:43:16 AM
The volume of this sell off is still nowhere near that of the previous major lows.
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