This ain't looking good for now lol.
I'm gonna hold on to the coins though. Guess no point in selling them now anyway.. It was 11% higher about an hour ago
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31125. (Read 26484628 times)
December 06, 2013, 11:49:50 AM
December 06, 2013, 11:48:31 AM
uh oh, mtgox and china is starting to follow stamps free fall
December 06, 2013, 11:48:10 AM
Big dumps everywhere, people reading this forum too much, lol
December 06, 2013, 11:47:45 AM
it worries me that the weekend is just starting and BTC is already crashing, but I am still confident I see a good buy support all the way
December 06, 2013, 11:47:08 AM
December 06, 2013, 11:45:55 AM
Nope. Changed my mind:
My analysis has show we're going down hard. SELL SELL SELL!
Lol
Anyways, I sold around 10% of my cryptos (20% if you count just the BTCs) with the mindset that I am prepared to take any loss.
Lets see. At the very least I should breakeven with the usual weekend decline.
EDIT: Did you get spooked by masterluc's doomsday prediction?
December 06, 2013, 11:43:43 AM
Nope. Changed my mind:
My analysis has show we're going down hard. SELL SELL SELL!
It's happening anyway. But only on Stamp so far.
December 06, 2013, 11:43:01 AM
A few moments until the crash
December 06, 2013, 11:41:03 AM
Nope. Changed my mind:
My analysis has show we're going down hard. SELL SELL SELL!
:P
December 06, 2013, 11:38:39 AM
http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Right move from Baidu at the time, in fairness. Not worth keeping a btc address with an exchange rate that fluctuates a lot for those about 30 people who paid in btc in total, in a month.
On a side note: it seems to me that the sentiment in this forum is quickly moving towards bearish, which conversely means to me that there's hope we don't tank so much.
I don't understand your logic. If people on the forums are bearish, wouldn't that mean there is better chance of tanking, since ppl expect it, then that will bring more sells.
when poeple are openly bearish here, it because they sold already.
Exactly.
December 06, 2013, 11:37:42 AM
when poeple are openly bearish here, it because they sold already.
Excellent observation. I better restrain myself not to pull a rpietila and try to talk price down ^_^
December 06, 2013, 11:35:44 AM
http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Right move from Baidu at the time, in fairness. Not worth keeping a btc address with an exchange rate that fluctuates a lot for those about 30 people who paid in btc in total, in a month.
On a side note: it seems to me that the sentiment in this forum is quickly moving towards bearish, which conversely means to me that there's hope we don't tank so much.
I don't understand your logic. If people on the forums are bearish, wouldn't that mean there is better chance of tanking, since ppl expect it, then that will bring more sells.
when poeple are openly bearish here, it because they sold already.
December 06, 2013, 11:35:28 AM
Guess I'm putting the old adage "...be greedy when others are fearful" to a test.
Wait, doesn't that mean you should be buying while people are panic selling?
Welp. I'm testing it from the other side
What I meant it: the forum is pretty fearful right now, it seems. And I'm not going against that by being greedy.
December 06, 2013, 11:33:42 AM
http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Right move from Baidu at the time, in fairness. Not worth keeping a btc address with an exchange rate that fluctuates a lot for those about 30 people who paid in btc in total, in a month.
On a side note: it seems to me that the sentiment in this forum is quickly moving towards bearish, which conversely means to me that there's hope we don't tank so much.
I don't understand your logic. If people on the forums are bearish, wouldn't that mean there is better chance of tanking, since ppl expect it, then that will bring more sells.
December 06, 2013, 11:33:09 AM
Guess I'm putting the old adage "...be greedy when others are fearful" to a test.
Wait, doesn't that mean you should be buying while people are panic selling?
December 06, 2013, 11:31:27 AM
http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
Right move from Baidu at the time, in fairness. Not worth keeping a btc address with an exchange rate that fluctuates a lot for those about 30 people who paid in btc in total, in a month.
On a side note: it seems to me that the sentiment in this forum is quickly moving towards bearish, which conversely means to me that there's hope we don't tank so much.
December 06, 2013, 11:30:39 AM
Trading is at a stand-still. Not a good sign.
December 06, 2013, 11:29:56 AM
Oh well. We had a good run (since early July, to be precise).
First time in quite a while I reduced my btc position substantially. I'm still in, never go full fiat :D, and I consider consolidation still slightly more likely than a major crash, but I also believe the chance of a sudden breakout upwards is somewhat lower than a similarly powerful breakout downwards, so there you go.
Guess I'm putting the old adage "...be greedy when others are fearful" to a test.
EDIT: not because of Baidu, by the way. Fuck Baidu :P
First time in quite a while I reduced my btc position substantially. I'm still in, never go full fiat :D, and I consider consolidation still slightly more likely than a major crash, but I also believe the chance of a sudden breakout upwards is somewhat lower than a similarly powerful breakout downwards, so there you go.
Guess I'm putting the old adage "...be greedy when others are fearful" to a test.
EDIT: not because of Baidu, by the way. Fuck Baidu :P
December 06, 2013, 11:27:38 AM
Not to stir up the China news again, but for those who attempted to flip off the news as bullish, I fear that may have been a bit optimistic.
From yomofo's post on reddit/bitcoin
China Telecom page from last week. (note the btc logo) http://bitcoinexaminer.org/wp-content/uploads/2013/11/sdgfgh.jpg
China Telecom page from today. (note the btc logo is now gone) http://js.189.cn/w2014
And also Baidu are no longer accepting bitcoin by the looks of it, whom where arguably the start of this Chinese rally.
Although the government statement did not specifically ban companys from utilizing bitcoin, the Chinese people and company CEO's have become very adept at reading between the lines of what their government say.
Still bullish?
From yomofo's post on reddit/bitcoin
China Telecom page from last week. (note the btc logo) http://bitcoinexaminer.org/wp-content/uploads/2013/11/sdgfgh.jpg
China Telecom page from today. (note the btc logo is now gone) http://js.189.cn/w2014
And also Baidu are no longer accepting bitcoin by the looks of it, whom where arguably the start of this Chinese rally.
Although the government statement did not specifically ban companys from utilizing bitcoin, the Chinese people and company CEO's have become very adept at reading between the lines of what their government say.
Still bullish?
It was stated before that the offer wasn't from China Telecom , but from a dealer.
Also , that's not the China Telecom webpage.
Ok thanks for pointing that out and completely ignoring the overall message!
Baidu are no longer accepting bitcoin
please find a solid reference this is pretty major news.
http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
well thats gay.
but the chinese market is still acting bullish, and that says more then 1 piece of news ever could.
December 06, 2013, 11:21:45 AM
Not to stir up the China news again, but for those who attempted to flip off the news as bullish, I fear that may have been a bit optimistic.
From yomofo's post on reddit/bitcoin
China Telecom page from last week. (note the btc logo) http://bitcoinexaminer.org/wp-content/uploads/2013/11/sdgfgh.jpg
China Telecom page from today. (note the btc logo is now gone) http://js.189.cn/w2014
And also Baidu are no longer accepting bitcoin by the looks of it, whom where arguably the start of this Chinese rally.
Although the government statement did not specifically ban companys from utilizing bitcoin, the Chinese people and company CEO's have become very adept at reading between the lines of what their government say.
Still bullish?
From yomofo's post on reddit/bitcoin
China Telecom page from last week. (note the btc logo) http://bitcoinexaminer.org/wp-content/uploads/2013/11/sdgfgh.jpg
China Telecom page from today. (note the btc logo is now gone) http://js.189.cn/w2014
And also Baidu are no longer accepting bitcoin by the looks of it, whom where arguably the start of this Chinese rally.
Although the government statement did not specifically ban companys from utilizing bitcoin, the Chinese people and company CEO's have become very adept at reading between the lines of what their government say.
Still bullish?
It was stated before that the offer wasn't from China Telecom , but from a dealer.
Also , that's not the China Telecom webpage.
Ok thanks for pointing that out and completely ignoring the overall message!
Baidu are no longer accepting bitcoin
please find a solid reference this is pretty major news.
http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/
Dear acceleration music users:
Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.
Baidu acceleration music
Ignore the music part, thats bad translation
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