Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32116.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Quote from: pera on November 10, 2013, 11:30:27 AM

Quote from: crazy_rabbit on November 10, 2013, 11:26:43 AM

[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ?

Funny the herd mentality. At ~$400 (Gox), we were "going to 1k!" before a correction back to $500, etc. Now, at a 25% discount (and no devastating news, etc.), everyone is too scared to buy. "Going to zero!!!" "Get out get out!!" lol!

What's changed in 48 hrs to make a 25% discount such an obviously bad opportunity?

Feri22

hero member

Activity: 748

Merit: 500

Quote from: samson on November 10, 2013, 11:04:36 AM

Quote from: Feri22 on November 10, 2013, 10:58:50 AM

I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?

You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?

crazy_rabbit

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Activity: 1204

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: pera on November 10, 2013, 11:30:27 AM

Quote from: crazy_rabbit on November 10, 2013, 11:26:43 AM

[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ?

true, true. However, I still doubt it. Too much slippage at this moment.

gandhibt

full member

Activity: 238

Merit: 100

tzupy, pera and samson, buy fast cheap coins, or you will be sry tomorrow! =)

chriswilmer

legendary

Activity: 1008

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I think the bears are having their picnic a little too early this year.

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: adamstgBit on November 10, 2013, 11:28:09 AM

Quote from: pera on November 10, 2013, 11:27:11 AM

Quote from: ?? on ??

[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago

lol

its nice to see some bears in here finally.

Adam, take your uber-bull hat off, before it's too late!

Coinseeker

sr. member

Activity: 252

Merit: 250

I find it increasingly difficult to be bearish. Sure there are bearish "moments" but it's really tough to deny the fact that Bitcoin is itself an ultrabull. I was wrong. Cry

pera

sr. member

Activity: 532

Merit: 261

バカ

Quote from: crazy_rabbit on November 10, 2013, 11:26:43 AM

[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ?

Kj1

sr. member

Activity: 434

Merit: 250

Quote from: pera on November 10, 2013, 11:21:40 AM

ouch!

Code:

Number?	Hash?		Time?		Transactions?	Total BTC?	Size (kB)?
268861 	45cfd7571a... 	2013-11-10 16:08:57 	469 	19461.57057709 	247.521
268860 	5ca67e7f15... 	2013-11-10 15:57:23 	371 	12132.8603931 	187.936
268859 	db9fcddda9... 	2013-11-10 15:49:20 	102 	4549.8214365 	65.753

19461 BTC
get ready!

what is this? Incoming transactions to gox?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: pera on November 10, 2013, 11:27:11 AM

Quote from: ?? on ??

[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago

lol

its nice to see some bears in here finally.

pera

sr. member

Activity: 532

Merit: 261

バカ

Quote from: ?? on ??

[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: Tzupy on November 10, 2013, 11:23:13 AM

Quote from: pera on November 10, 2013, 11:21:40 AM

ouch!

Code:

Number?	Hash?		Time?		Transactions?	Total BTC?	Size (kB)?
268861 	45cfd7571a... 	2013-11-10 16:08:57 	469 	19461.57057709 	247.521
268860 	5ca67e7f15... 	2013-11-10 15:57:23 	371 	12132.8603931 	187.936
268859 	db9fcddda9... 	2013-11-10 15:49:20 	102 	4549.8214365 	65.753

19461 BTC
get ready!

Do you mean 20k extra coins will get dumped on Gox very soon?

No. No one is selling 20K on a sunday when the price is low.

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

I thought we might settle back at ~$350 on Gox today, setting up for Monday (in case another bullish week ensues following this). Plenty of volume now though. Certainly plenty of capitulation this weekend from those taking down profits..

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: pera on November 10, 2013, 11:21:40 AM

ouch!

Code:

Number?	Hash?		Time?		Transactions?	Total BTC?	Size (kB)?
268861 	45cfd7571a... 	2013-11-10 16:08:57 	469 	19461.57057709 	247.521
268860 	5ca67e7f15... 	2013-11-10 15:57:23 	371 	12132.8603931 	187.936
268859 	db9fcddda9... 	2013-11-10 15:49:20 	102 	4549.8214365 	65.753

19461 BTC
get ready!

Do you mean 20k extra coins will get dumped on Gox very soon?

SheHadMANHands

legendary

Activity: 1168

Merit: 1000

Quote from: masisty on November 10, 2013, 11:17:13 AM

Quote from: gandhibt on November 10, 2013, 11:15:25 AM

pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?

think its not a good time to short isnt it ?

I've just been taking some long positions in the dips.. mostly for fun.

pera

sr. member

Activity: 532

Merit: 261

バカ

ouch!

Code:

Number?	Hash?		Time?		Transactions?	Total BTC?	Size (kB)?
268861 	45cfd7571a... 	2013-11-10 16:08:57 	469 	19461.57057709 	247.521
268860 	5ca67e7f15... 	2013-11-10 15:57:23 	371 	12132.8603931 	187.936
268859 	db9fcddda9... 	2013-11-10 15:49:20 	102 	4549.8214365 	65.753

19461 BTC
get ready!

gandhibt

full member

Activity: 238

Merit: 100

Quote from: masisty on November 10, 2013, 11:17:13 AM

Quote from: gandhibt on November 10, 2013, 11:15:25 AM

pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?

think its not a good time to short isnt it ?

i meant that they shorted perhaps at higher price. if it's going to break 265 then it would maybe be wise to wait for bounce and sell some. i believe our triple bot holds, how strong can a support be? well strong it is =)

masisty

newbie

Activity: 10

Merit: 0

Quote from: gandhibt on November 10, 2013, 11:15:25 AM

pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?

think its not a good time to short isnt it ?

gandhibt

full member

Activity: 238

Merit: 100

pietilä and rontus are buying cheap coins at the support mark at stamp and bears sell to straight to theirs wallet? did you guys short too?

AmazonStuff

hero member

Activity: 628

Merit: 500

This could be called dead cat bounce marathon Cheesy

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32116. (Read 26610682 times)