There is a chance sure, thats why i am not shorting this one. Just saying that the path of least resistance is dump to 460-470.
I think next ~4 hours could be a bulltrap and small fake recovery, or just going sideways
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28123. (Read 26710035 times)
April 17, 2014, 07:57:20 AM
April 17, 2014, 07:55:53 AM
480-470 i guess April 17, 2014, 07:53:26 AM
This is what i think will happen, pretty big dump in about 4~ hours, it could bounce of ~460 but there is a chance market will go full retard and maybe even test 400 again
No chance of going up from here then ? Stamp and Fenix look like their trying to rally and its China whos lagging behind.
More selling likely once the 6 hr crosses?
April 17, 2014, 07:52:03 AM
This is what i think will happen, pretty big dump in about 4~ hours, it could bounce of ~460 but there is a chance market will go full retard and maybe even test 400 again
April 17, 2014, 07:47:43 AM
How many loop holes can these Chinese exchanges find to keep operating though? Doesn't it seem inevitable that they will be forced to close down once they run out of lives?
I wish bitfloor had fought this hard when their bank account was closed.
remember who was behind it you will understand
Thats what I thought, someone who keeps their customers assets probably wasnt rushing to fight to stay open...
The money left on the exchange was eventually returned through IAFCU.
I know I know, I was more thinking in terms of the 'hack' where 20000BTC disapeared though.
April 17, 2014, 07:43:11 AM
So 18th another deadline? Even tho on paper it looks like a easy sell, the market could be doing the "sell on rumor, buy on news" again. I think i will wait this one out, even tho sitting on coins when it could test 2900 sucks, i ll rather take that pain than risk being squeezed by another sudden China-pump
Wait , now we have a pushed back deadline , that will drive the price down even more ?
And what the hell happened to that 15th statement and clarifications?
April 17, 2014, 07:38:16 AM
Did everybody forgot that? A Bitcoin ATM opened in China this week. http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416
It allows you to buy BTC with coins and you can not withdraw through it.
Exactly; more ways to buy is bullish, and they'll have to sell off-exchange so less selling pressure on us and less volatility.
This is the perfect ATM.
It's for people that want to buy and use bitcoin , not to buy , hold a few days and cash in the profits.
+1
I just wonder how they set the price. I mean if it's set to the huobi price for example then if buying in a dip the maintainer / owner of the ATM will at risk of serious loss.
April 17, 2014, 07:36:37 AM
How many loop holes can these Chinese exchanges find to keep operating though? Doesn't it seem inevitable that they will be forced to close down once they run out of lives?
I wish bitfloor had fought this hard when their bank account was closed.
remember who was behind it you will understand
Thats what I thought, someone who keeps their customers assets probably wasnt rushing to fight to stay open...
The money left on the exchange was eventually returned through IAFCU.
April 17, 2014, 07:27:28 AM
Did everybody forgot that? A Bitcoin ATM opened in China this week. http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416
It allows you to buy BTC with coins and you can not withdraw through it.
Exactly; more ways to buy is bullish, and they'll have to sell off-exchange so less selling pressure on us and less volatility.
This is the perfect ATM.
It's for people that want to buy and use bitcoin , not to buy , hold a few days and cash in the profits.
+1
April 17, 2014, 07:26:53 AM
How many loop holes can these Chinese exchanges find to keep operating though? Doesn't it seem inevitable that they will be forced to close down once they run out of lives?
I wish bitfloor had fought this hard when their bank account was closed.
remember who was behind it you will understand
Thats what I thought, someone who keeps their customers assets probably wasnt rushing to fight to stay open...
April 17, 2014, 07:26:37 AM
Did everybody forgot that? A Bitcoin ATM opened in China this week. http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416
It allows you to buy BTC with coins and you can not withdraw through it.
This is the perfect ATM.
It's for people that want to buy and use bitcoin , not to buy , hold a few days and cash in the profits.
April 17, 2014, 07:24:55 AM
If the dust ever settled in Bitcoin, we'd just be buying and holding and we wouldn't be here trading. The dust is never settled.
Can we let the dust settle in china for ... let's say forever and have our usual dust . just like it was before October 2013?
Because there is something wrong with their dust , maybe due to pollution that makes a few people really sick of this game.
April 17, 2014, 07:24:51 AM
Did everybody forgot that? A Bitcoin ATM opened in China this week. http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416
It allows you to buy BTC with coins and you can not withdraw through it.
April 17, 2014, 07:22:50 AM
Did everybody forgot that? A Bitcoin ATM opened in China this week. http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416
April 17, 2014, 07:20:28 AM
How many loop holes can these Chinese exchanges find to keep operating though? Doesn't it seem inevitable that they will be forced to close down once they run out of lives?
I wish bitfloor had fought this hard when their bank account was closed.
remember who was behind it you will understand
April 17, 2014, 07:12:09 AM
three times rejected from critical support.
No way it will hold, 6h looking bad, 2900 will be tested most likely
you are probably right, but im not surprised that we are having a reaction at this particular point. It validates my overall game plan. always stick to the game plan.
April 17, 2014, 07:11:37 AM
How many loop holes can these Chinese exchanges find to keep operating though? Doesn't it seem inevitable that they will be forced to close down once they run out of lives?
I wish bitfloor had fought this hard when their bank account was closed.
April 17, 2014, 07:09:16 AM
three times rejected from critical support.
No way it will hold, 6h looking bad, 2900 will be tested most likely
I will save some fiat, if that 2900 happens... but I am NOT selling at this point.
April 17, 2014, 07:04:18 AM
three times rejected from critical support.
Such a short timeframe and we are still hovering at 3050..
you are right, though if this is my target on a larger scale, Ill take a good guess where it's gonna stop.
April 17, 2014, 07:02:30 AM
three times rejected from critical support.
Such a short timeframe and we are still hovering at 3050..
Jump to: