The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
520$ was broken already on btc-e and stamp...
it was touched. not broken.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29264. (Read 26611148 times)
February 25, 2014, 06:18:07 AM
520$ was broken already on btc-e and stamp...
it was touched. not broken.
February 25, 2014, 06:17:42 AM
This is where all the stolen gox coins are
https://blockchain.info/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew?currency=BC
https://blockchain.info/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew?currency=BC
February 25, 2014, 06:16:22 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
So let's see.
The last 2 weeks since the stop of btc withdrawals of gox the price went down slowly every day. Because of the uncertainty. This is now gone. If Gox really hast lost 750 000btc, this has to directions. 1. People have the fear to lose their btc and sell and get all money out of the exchanges. -> down 2. People only watch the exchanges closly and hey, there are 1/12 less btc, the supply is lower with same demand -> up.
February 25, 2014, 06:12:51 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
We'll be sub $400 within days. We'll be testing $300 before we start meaningful sustained upwards movement again.
I would spread the risk in your place, consider both case scenarios just to be safe.... but lets see how will that work out.
February 25, 2014, 06:10:44 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
We'll be sub $400 within days. We'll be testing $300 before we start meaningful sustained upwards movement again.
February 25, 2014, 06:10:29 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
The market has taken the 'gox is gone' news and NOT capitulated entirely.
If it can't get any worse, and Stamp is over 500 - it's actually pretty reassuring.
Bullish, even.
February 25, 2014, 06:06:49 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
February 25, 2014, 06:06:24 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
520$ was broken already on btc-e and stamp...
February 25, 2014, 06:06:21 AM
Guys
Take the opportunity to pull at least some of the BTC you bought today off the exchanges and into cold storage.
Now.
The exchanges can have my fiat but I'm taking my coins out.
Take the opportunity to pull at least some of the BTC you bought today off the exchanges and into cold storage.
Now.
The exchanges can have my fiat but I'm taking my coins out.
February 25, 2014, 06:06:07 AM
.....
That is fucking brilliant.
You're now officially a worthy successor? sidekick? for TheKoziTwo.
Thank you for the compliment but I could never compare to TheKoziTwo - that guy is genius!
In fact I'd love to watch a musical video made by him about all this shitstorm
February 25, 2014, 06:04:21 AM
^
^
lol there is the infamous cold wallet leak lol
^
lol there is the infamous cold wallet leak lol
February 25, 2014, 05:59:51 AM
That is fucking brilliant.
You're now officially a worthy successor? sidekick? for TheKoziTwo.
February 25, 2014, 05:54:04 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
February 25, 2014, 05:52:16 AM
Why are we going up in the first place? Almost at the same level as before gox shutdown and that is without any good news. Should probably short this but I'm too pussy to sell in this sharp uptrend
the chart say we most go up, and gox shutting down is a good news to me
February 25, 2014, 05:51:52 AM
I think that 400 was your bottom, and in the next couple of days we will start a rally up
Gox is not dying a slowly painful death over weeks. People will not short anymore. Maybe I am wrong but it is possible that we see 600 or 700 until the weekend - at max. But I am no prophet...
February 25, 2014, 05:50:49 AM
Why are we going up in the first place? Almost at the same level as before gox shutdown and that is without any good news. Should probably short this but I'm too pussy to sell in this sharp uptrend
February 25, 2014, 05:49:33 AM
This market seems un naturally strong right now.. the Chinese news in Dec was not as bad IMO.
Are people buying cause they think there is nearly 1/12 th of btc missing from the market possibly spread across hackers or one thief.
I also think current lows we're achieved by people pricing in a failure of gox.
Are people buying cause they think there is nearly 1/12 th of btc missing from the market possibly spread across hackers or one thief.
I also think current lows we're achieved by people pricing in a failure of gox.
panic buying. If you thought you have 100btc on gox and now u think u have nothing and miss the train. Buy buy buy^^
No, I don't know. Maybe it is because the uncertainty is gone? Gox is bankrupt. Maybe the price was falling because some people thought this might be a long, long painful death going on for serveral weeks.
February 25, 2014, 05:48:31 AM
I think that 400 was your bottom, and in the next couple of days we will start a rally up
Fucking two weeks of saying I need to send fiat to the exchange.. ( sorry I am just a fucking HODLER even gox couldn't shake me in to greed plays ) not to mention telling all my friends who wanted in around 400 they needed to the same. Ahhhhh well life's a cabaret my friends.
February 25, 2014, 05:46:22 AM
I am amazed that we didn't set record lows while I slept.
I am also equally amazed that gox is stupid enough to not be the first person to put out the statement related to their own situation. I imagine they have their heads stuck in the sand.
I am also equally amazed that gox is stupid enough to not be the first person to put out the statement related to their own situation. I imagine they have their heads stuck in the sand.
the PR on mtgox has been so horrible for so long, I am never surprised at the idiocy there.
750k coins gone however? That requires a new level of retardation.
That sums it up for me... It is literally dumbfoundingly amazing... I am almost certain my grade 10 business class would've prepared me to manage Gox better than it has been.
February 25, 2014, 05:46:14 AM
I think that 400 was your bottom, and in the next couple of days we will start a rally up
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