man this slow-motion crash (up or down) is tense.
maybe it is called "dead cat bounce" because dead cats are indeed kinda slow...
edit: next time it hits 900 i buy back with what i have left.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31176. (Read 26608235 times)
December 10, 2013, 08:11:41 AM
December 10, 2013, 08:05:38 AM
bid sum at $36.135 million @ gox
Lots of money and little activity!!! Everyone is waiting for cheap coins and/or weak hands!!!
Can anyone guess what will happen?
No, buy I bought back in earlier today at 940 because the trend seemed to indicate UP, that turned out to be a local top (no surprise there).
As long as I hold and don't sell at a loss, the prices will go down.
See you at 200, guys.
I am waiting for the day you will come here and post saying your play money has gone to 0
Thank you for the vote of confidence.
In the meantime, be sure to do the exact opposite of what I do, and if it helps you give me a small tip. That should help me remain in business of making crappy trades for a little longer.
PS: I cancelled my sell order at 947. Waiting for the price to rally.
December 10, 2013, 08:04:44 AM
bid sum at $36.135 million @ gox
But at what price level? December 10, 2013, 08:04:22 AM
0!!!
And yes; I'm gonna miss it. I have to drive back home for the next hour...
And yes; I'm gonna miss it. I have to drive back home for the next hour...
Lpg or diesel?
December 10, 2013, 08:02:43 AM
this thread is so bullish. I mean over 70% think $30,000 BTC will happen!
I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed.
anyway, it's heading back to $400 in the next 2 - 3 days. Maybe
People can conduct transactions just fine with only 1 confirm - speed is no issue. I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed.
anyway, it's heading back to $400 in the next 2 - 3 days. Maybe
wow just 1 x 8 min transaction. (potentially a lot longer) Thats really great
That means that my website on needs to hold off 8 mins to avoid a double purchase. 8 mins is a life time for many business models. many other cryptos do it in 1 min or less and even that is too long.
Don't get me wrong, i like BTC but it's not invincible and has flaws! big ones
0 confirmation transactions work fine! The risk of a double spend is extremely low for low value transactions. For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA.
Getting tired of noobs thinking they know anything . . .
the noobs are numerous
we must be patient and teach them how things work in bitcoin land.
been mining since May 2011. not sure that would be considered a noob.
December 10, 2013, 08:02:09 AM
December 10, 2013, 08:01:44 AM
0!!!
And yes; I'm gonna miss it. I have to drive back home for the next hour...
And yes; I'm gonna miss it. I have to drive back home for the next hour...
December 10, 2013, 08:01:24 AM
100499
December 10, 2013, 08:01:05 AM
100500
December 10, 2013, 08:00:02 AM
1
December 10, 2013, 07:59:46 AM
2
December 10, 2013, 07:59:12 AM
3
December 10, 2013, 07:57:50 AM
4
December 10, 2013, 07:55:18 AM
I guess all wait for the marking signal... Where's the count-down man???
5
5
Surely feels like that, doesn't it??
December 10, 2013, 07:53:54 AM
That money is probably there in anticipation of a new visit down towards 600. China news hasn't been completely digested yet and we will have more volatility before stable 900+.
I think after dozens of copycat news saying China caused Bitcoin drop, people are now starting to understand news from China wasn't negative after all.
Long term: not necessarily negative. Short term: most definitely negative. We are still in short term, wouldn't you agree?
It's been over 5 days since the news. I think we've moved past it at this point.
December 10, 2013, 07:51:34 AM
That money is probably there in anticipation of a new visit down towards 600. China news hasn't been completely digested yet and we will have more volatility before stable 900+.
I think after dozens of copycat news saying China caused Bitcoin drop, people are now starting to understand news from China wasn't negative after all.
Long term: not necessarily negative. Short term: most definitely negative. We are still in short term, wouldn't you agree?
December 10, 2013, 07:51:26 AM
I guess all wait for the marking signal... Where's the count-down man???
5
5
December 10, 2013, 07:50:32 AM
bid sum at $36.135 million @ gox
Lots of money and little activity!!! Everyone is waiting for cheap coins and/or weak hands!!!
Can anyone guess what will happen?
No, buy I bought back in earlier today at 940 because the trend seemed to indicate UP, that turned out to be a local top (no surprise there).
As long as I hold and don't sell at a loss, the prices will go down.
See you at 200, guys.
I am waiting for the day you will come here and post saying your play money has gone to 0
December 10, 2013, 07:47:12 AM
That money is probably there in anticipation of a new visit down towards 600. China news hasn't been completely digested yet and we will have more volatility before stable 900+.
I think after dozens of copycat news saying China caused Bitcoin drop, people are now starting to understand news from China wasn't negative after all.
December 10, 2013, 07:44:27 AM
That money is probably there in anticipation of a new visit down towards 600. China news hasn't been completely digested yet and we will have more volatility before stable 900+.
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