Stolen BTC never went into selloff, if I remember correctly.
doesn't matter, if/when this gets to mainstream news if it's true, price will plummet
edit: i think it's just FUD tbh, price went up to quick, someone probably wants cheap coins
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30539. (Read 26710372 times)
January 04, 2014, 04:31:49 PM
doesn't matter, if/when this gets to mainstream news if it's true, price will plummet
edit: i think it's just FUD tbh, price went up to quick, someone probably wants cheap coins
January 04, 2014, 04:31:28 PM
To be honest, and I may be wrong, it looks like it could be bullshit at the moment.
January 04, 2014, 04:30:18 PM
Apparently this is the 80k just stolen from bitpay hack - https://blockchain.info/address/1Facb8QnikfPUoo8WVFnyai3e1Hcov9y8T
January 04, 2014, 04:28:35 PM
Stolen BTC never went into selloff, if I remember correctly.
January 04, 2014, 04:28:09 PM
The story is not clear at all yet. Bide your time to find out the real facts!
January 04, 2014, 04:27:25 PM
so are those the bitcoins of the merchants? i don't understand, do some merchants keep their bitcoins at bitpay? so they have lost their coins if this is true?
January 04, 2014, 04:24:49 PM
Keep hodling folks. This is Bitpay's problem only.
This kind of news could be the thing what could cause the long awaited crash, you only need a small drop and the trollbox and panic will do the rest.
That's why it's best to stay calm.
January 04, 2014, 04:23:45 PM
Keep hodling folks. This is Bitpay's problem only.
This kind of news could be the thing what could cause the long awaited crash, you only need a small drop and the trollbox and panic will do the rest.
January 04, 2014, 04:20:43 PM
Keep hodling folks. This is Bitpay's problem only.
January 04, 2014, 04:19:46 PM
Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?
You know, theoretically-speaking if it ever were to become clear that we really were progressing onto an S-curve, I think every financially-wise person would cash out as little as possible, thus effectively negating the worry of a crash (disasters notwithstanding) for a fair while.
Incidentally I would however feel obliged while on the S-curve to spend plenty of Bitcoin to sustain the Bitcoin economy, which of course must evolve alongside the value of Bitcoin if things are to be sustainable. I don't know about others but personally I don't see Bitcoin working simply as a store of value like gold for example. Working as several things at the same time including as a store of value yes, but just something to be kept in a digital vault? No.
January 04, 2014, 04:17:20 PM
January 04, 2014, 04:09:30 PM
I'm still saying stamp @ 900 by Wednesday. If true, I will be a prophet (in profit). I also made the mistake of believing the (probably) "one last crash" lie. Painful, but I still have enough to enjoy this rally:)
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
Well from our current point to 1240 everyone is going to be looking for a crash.
So if it happens we should all profit. These crashes always give us time to cash out even if we don't catch the top. And a crash will most likely be news related.
If it doesn't crash then we will still have our coins.
The only way to lose at this point is to try to predict the top or predict the crash and sell before.
As traders we have such an advantage. Be measured and you should be ok.
Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?
January 04, 2014, 04:03:11 PM
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
Everyone does have different opinions and mine differs from yours!
I think this is quite the opposite of the "time" for the crash.
Come Monday we have the first full week of business after the New Year. Everyone knows that.
Every day there is a new news article pointing to investment and adoption of Bitcoin in 2014 by important players in important markets (Wall Street, E-commerce, Apps, etc. ) Did you read the Zynga news today?
Of course this doesn't mean that you can buy an APP for Bitcoin on Zynga right now today. But what it does mean is that Bitcoiners, especially those thinking of day trading, can at last take room to breathe once in a while. With price rises like this in the past day traders had to stay glued to the charts 24/7 just to survive; now the pressure is just beginning to ease off, and "Hodling" is just starting to look like the soundest strategy even to a day trader.
Maybe others don't agree, but I think the fact that the stress is starting to ease a little for some of those invested in Bitcoin who might have been feeling nervous as hell previously, has an effect on the market.
I totally agree with all that
But if you go by TA, this is maybe the last point where anyone can believe we are still in "bear market", so if a crash is going to happen, it better happen now.
January 04, 2014, 04:02:34 PM
January 04, 2014, 03:57:40 PM
I'm still saying stamp @ 900 by Wednesday. If true, I will be a prophet (in profit). I also made the mistake of believing the (probably) "one last crash" lie. Painful, but I still have enough to enjoy this rally:)
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
Well from our current point to 1240 everyone is going to be looking for a crash.
So if it happens we should all profit. These crashes always give us time to cash out even if we don't catch the top. And a crash will most likely be news related.
If it doesn't crash then we will still have our coins.
The only way to lose at this point is to try to predict the top or predict the crash and sell before.
As traders we have such an advantage. Be measured and you should be ok.
January 04, 2014, 03:57:10 PM
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
Everyone does have different opinions and mine differs from yours!
I think this is quite the opposite of the "time" for the crash.
Come Monday we have the first full week of business after the New Year. Everyone knows that.
Every day there is a new news article pointing to investment and adoption of Bitcoin in 2014 by important players in important markets (Wall Street, E-commerce, Apps, etc. ) Did you read the Zynga news today?
Of course this doesn't mean that you can buy an APP for Bitcoin on Zynga right now today. But what it does mean is that Bitcoiners, especially those thinking of day trading, can at last take room to breathe once in a while. With price rises like this in the past day traders had to stay glued to the charts 24/7 just to survive; now the pressure is just beginning to ease off, and "Hodling" is just starting to look like the soundest strategy even to a day trader.
Maybe others don't agree, but I think the fact that the stress is starting to ease a little for some of those invested in Bitcoin who might have been feeling nervous as hell previously, has an effect on the market.
January 04, 2014, 03:42:39 PM
I'm still saying stamp @ 900 by Wednesday. If true, I will be a prophet (in profit). I also made the mistake of believing the (probably) "one last crash" lie. Painful, but I still have enough to enjoy this rally:)
I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.
January 04, 2014, 03:39:34 PM
I am bullish, if we break through the 940 level with out much hesitation I think we are well on our way to 1500
We need a breather. Hodl tomorrow before things go wild. January 04, 2014, 03:36:30 PM
I am bullish, if we break through the 940 level with out much hesitation I think we are well on our way to 1500
January 04, 2014, 03:27:48 PM
I'm still saying stamp @ 900 by Wednesday. If true, I will be a prophet (in profit). I also made the mistake of believing the (probably) "one last crash" lie. Painful, but I still have enough to enjoy this rally:)
Jump to: