Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28251. (Read 26708745 times)
April 12, 2014, 04:00:25 PM
April 12, 2014, 03:59:33 PM
@jonoiv
Ain't no bull who's afraid
Only bears are
That should tell you alot
Ain't no bull who's afraid
Only bears are
That should tell you alot
April 12, 2014, 03:54:52 PM
some people are worried of being a 450 bag holder.
Okay, let's give it 100 days!
(Anyone who bought at 450 is not worried of anything. Some who entered at 1000 and doubled down at 600-800 may be, but they have already shed a lot of coins so after 100 days we should be at about 4000)
Haha, bulls feel the need to refute such accusations. When they don't refute, just ridicule, it's time to sell
But be honest, you have so many coins i'm guessing you could probably crash the market if you wanted. You have a vested interest in not doing this, but you must be very concerned.
Bitcoin is great invention, it has great support but it's no where near main stream yet. I have been a miner since Nov 2011, and I work in a very geek orientated environment, there are over 100 working in my team. They are all tech geeks and out of these people only maybe 3 or 4 have mined bitcoin. It's very very niche outside of our little world.
I have made some money from BTC but I could never recommend it to a friend or relative, because I couldn't live with myself if they lost a lot of cash as a result of my advice.
Also in the April 2014 crash bitcoin lost 75% without any fundamental reason for the crash. We're not at 75% yet and we have been plastered with negative reports on mainstream media. The only bitcoin stories I have seen recently on mainstream TV in the UK have been about gox and the crash. That sticks in peoples minds.
450 remains in my mind to high imho.
April 12, 2014, 03:33:49 PM
Most obvious prediction is down to 2500 on huobi
Bears are washed out, the current selling is mainly profit taking.
We aren't going below 400 unless fresh Fud news from china comes in.
The bulls seem more washed out to me, I don't see many people buying at the moment.
some people are worried of being a 450 bag holder.
I am more worried about the bag being on the train, while I am standing at the railway station platform trying to figure out how to get to the next train station so I can get on the train.
And there are plenty of people like you that feel the same.
I think when we finally hit the bottom we will level out for a while. I don't see a big bounce, followed by choo choo. So for me at least there is a lot less risk in dollars or yuan.
All the gox, China, Australia news, does not go away overnight, and it's new investors that are needed. More bad news could be just around the corner. Many personal investors with serious cash are older, and don't understand bitcoin, and are naturally more conservative. Corporations, wouldn't touch bitcoin with a shitty stick right now, as it looks risky on price and it looks even riskier on regulation. Lets face it, there is no good news for new investment.
April 12, 2014, 03:28:37 PM
I guess this doesn't looks too bad. I was expecting exciting weekend but still this is better than worse.
Well Bitcoin performed very well for a falling-friday and is still holding strong on a sell-of-saturday. Let's see what happens tomorrow and on monday. Everything can happen, but I'm quite optimistic. It somehow feels a lot better than the whole last month!
China bitcoin crisis is no more treating me.
April 12, 2014, 03:24:29 PM
some people are worried of being a 450 bag holder.
Okay, let's give it 100 days!
(Anyone who bought at 450 is not worried of anything. Some who entered at 1000 and doubled down at 600-800 may be, but they have already shed a lot of coins so after 100 days we should be at about 4000)
Haha, bulls feel the need to refute such accusations. When they don't refute, just ridicule, it's time to sell
April 12, 2014, 03:23:23 PM
1min on huobi is scary
On that volume? Almost meaningless. Many if not post panic sellers sold in the crash to $340. When and if The China Syndrome plays out, we know the likely support is $340. Big players aren't selling right now. They're holding and looking for an opportunity to buy more. A second test pf $340 on high volume is a double bottom and an end to the bear market.
Some people define a bull or bear market as a change of more than 20%. In that case, we're already in a bull market.
April 12, 2014, 03:22:02 PM
Most obvious prediction is down to 2500 on huobi
Bears are washed out, the current selling is mainly profit taking.
We aren't going below 400 unless fresh Fud news from china comes in.
The bulls seem more washed out to me, I don't see many people buying at the moment.
some people are worried of being a 450 bag holder.
You think? funny, cause my bet is that they want some bears to retest the 400 barrier.
Some people are worried they will be squeezed.
April 12, 2014, 03:18:23 PM
Most obvious prediction is down to 2500 on huobi
Bears are washed out, the current selling is mainly profit taking.
We aren't going below 400 unless fresh Fud news from china comes in.
The bulls seem more washed out to me, I don't see many people buying at the moment.
some people are worried of being a 450 bag holder.
I am more worried about the bag being on the train, while I am standing at the railway station platform trying to figure out how to get to the next train station so I can get on the train.
April 12, 2014, 03:12:27 PM
Most obvious prediction is down to 2500 on huobi
Bears are washed out, the current selling is mainly profit taking.
We aren't going below 400 unless fresh Fud news from china comes in.
The bulls seem more washed out to me, I don't see many people buying at the moment.
some people are worried of being a 450 bag holder.
April 12, 2014, 03:11:49 PM
It seems as if huobi, btcchina and BTC-e have detached themselves from the rest. Stamp and Bitfinex are doing just fine!
April 12, 2014, 03:09:59 PM
I guess this doesn't looks too bad. I was expecting exciting weekend but still this is better than worse.
Well Bitcoin performed very well for a falling-friday and is still holding strong on a sell-of-saturday. Let's see what happens tomorrow and on monday. Everything can happen, but I'm quite optimistic. It somehow feels a lot better than the whole last month!
April 12, 2014, 03:06:47 PM
I guess this doesn't looks too bad. I was expecting exciting weekend but still this is better than worse.
April 12, 2014, 03:05:27 PM
Most obvious prediction is down to 2500 on huobi
Huobi is dying, if I read this right.
http://bitcoinblog.de/2014/04/12/its-not-a-survivors-game-its-a-losers-game/
April 12, 2014, 03:05:09 PM
1min on huobi is scary
April 12, 2014, 03:00:36 PM
April 12, 2014, 02:59:41 PM
Most obvious prediction is down to 2500 on huobi
Bears are washed out, the current selling is mainly profit taking.
We aren't going below 400 unless fresh Fud news from china comes in.
The idiots are washed out. The people who sold low and bought high. Smart bulls and bears BOTH made money
April 12, 2014, 02:52:46 PM
Most obvious prediction is down to 2500 on huobi
Bears are washed out, the current selling is mainly profit taking.
We aren't going below 400 unless fresh Fud news from china comes in.
April 12, 2014, 02:45:09 PM
Most obvious prediction is down to 2500 on huobi
April 12, 2014, 02:37:22 PM
Precisely. And the block reward is due to halve again in just a couple of years. So then there's only 1800 new coins per day entering the system. 
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