I don't foresee a situation where I'll be panic buying anytime soon.
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33008. (Read 26466689 times)
June 11, 2013, 02:51:38 PM
+1
June 11, 2013, 02:50:52 PM
I don't foresee a situation where I'll be panic buying anytime soon.
June 11, 2013, 02:50:04 PM
Again today, the market depth is looking better at Gox. As I've said before I just follow basically what the bitcoinchannel.com guys says.
The buy numbers are improving, the sells are decreasing and some key numbers that I follow are slowly improving.
I have my finger on the trigger to sell some just in case we make that next down move, but as of now, it's not looking bad (The low volume as usual scares me a bit.)
Watch that 100day ema. We are so oversold that I don't think we drop yet, but with the volume so low a large sell can probably trigger things like the weekend sell did IF a big buyer doesn't come back in.
The buy numbers are improving, the sells are decreasing and some key numbers that I follow are slowly improving.
I have my finger on the trigger to sell some just in case we make that next down move, but as of now, it's not looking bad (The low volume as usual scares me a bit.)
Watch that 100day ema. We are so oversold that I don't think we drop yet, but with the volume so low a large sell can probably trigger things like the weekend sell did IF a big buyer doesn't come back in.
June 11, 2013, 02:44:04 PM
looks like bitstamp is taking significant volume from gox
Further, consider that Bitpay is 30% or so of MtGox volume.
(Heard that in the recent Ed and Ethan's BTC Podcast - http://edandethan.com/wp-content/uploads/2013/06/Ed-and-Ethans-bitcoin-cast-16-2013-06-09.mp3)
What if Bitpay changes exchanges? I actually hope they have a plan in case something happens with Gox.
what is the timestamp for that factoid? that's very important
June 11, 2013, 02:39:13 PM
Usual trolling apart, let's see if $110 stands another assault.
Come on guys, if it's broken on the upside, who is panic buying in here?
Not me, I'm already all in. Come on guys, if it's broken on the upside, who is panic buying in here?
Adam, do you use some software for setting your entries and stop orders or just normal interface of mtgox? Assuming you use mtgox of course.
I don't use gox, and no bot.
since i don't use gox i often have 30seconds to panic buy b4 my exchange fallows gox price.
Haha, lovely.
June 11, 2013, 02:38:51 PM
Usual trolling apart, let's see if $110 stands another assault.
Come on guys, if it's broken on the upside, who is panic buying in here?
Not me, I'm already all in. Come on guys, if it's broken on the upside, who is panic buying in here?
Adam, do you use some software for setting your entries and stop orders or just normal interface of mtgox? Assuming you use mtgox of course.
I don't use gox, and no bot.
since i don't use gox i often have 30seconds to panic buy b4 my exchange fallows gox price.
June 11, 2013, 02:37:03 PM
Usual trolling apart, let's see if $110 stands another assault.
Come on guys, if it's broken on the upside, who is panic buying in here?
Not me, I'm already all in. Come on guys, if it's broken on the upside, who is panic buying in here?
Adam, do you use some software for setting your entries and stop orders or just normal interface of mtgox? Assuming you use mtgox of course.
June 11, 2013, 02:33:35 PM
Usual trolling apart, let's see if $110 stands another assault.
Come on guys, if it's broken on the upside, who is panic buying in here?
Not me, I'm already all in. Come on guys, if it's broken on the upside, who is panic buying in here?
June 11, 2013, 02:33:05 PM
Usual trolling apart, let's see if $110 stands another assault.
Yeah, it's always trolling when it's not up, up, up...huh? Yeah, genius analysis.
Quote
Come on guys, if it's broken on the upside, who is panic buying in here?
LOL...this is gonna be funny.
June 11, 2013, 02:32:12 PM
Usual trolling apart, let's see if $110 stands another assault.
Come on guys, if it's broken on the upside, who is panic buying in here?
Not me, I'm already all in. Come on guys, if it's broken on the upside, who is panic buying in here?
June 11, 2013, 02:31:05 PM
Usual trolling apart, let's see if $110 stands another assault.
Come on guys, if it's broken on the upside, who is panic buying in here?
Come on guys, if it's broken on the upside, who is panic buying in here?
June 11, 2013, 02:29:27 PM
Well, at least bitcoin was created for us who likes zero regulation.
And ironically, if this continues, that's exactly what's going to kill it.
Yeah.... no.
The biggest threat to Bitcoin right now IS regulation.
Welcome!
June 11, 2013, 02:29:22 PM
You're an idiot. Welcome to my ignore list. Just not going to deal with you ignorant rednecks anymore. I guarantee, you won't be lonely. Stew in your delusions.Perhaps you've seen another have another huge threat to Bitcoin?
Please say so.
June 11, 2013, 02:28:39 PM
At least the money supply should never be regulated, and bitcoin is here to prevent just that from happening. In the words of Amschel Rothchild: "Give me control of a Nation's money supply, and I care not who makes its laws."
Bitcoin: "Fuck you Rothchild, eat this!"
Bitcoin: "Fuck you Rothchild, eat this!"
I'm not talking about the money supply per say, I'm talking about the markets. Rules exist for a reason. The little guy doesn't stand a chance with what's going on.
June 11, 2013, 02:27:05 PM
Well, at least bitcoin was created for us who likes zero regulation.
And ironically, if this continues, that's exactly what's going to kill it.
Yeah.... no.
The biggest threat to Bitcoin right now IS regulation.
Welcome!
June 11, 2013, 02:25:24 PM
At least the money supply should never be regulated, and bitcoin is here to prevent just that from happening. In the words of Amschel Rothchild: "Give me control of a Nation's money supply, and I care not who makes its laws."
Bitcoin: "Fuck you Rothchild, eat this!"
Bitcoin: "Fuck you Rothchild, eat this!"
June 11, 2013, 02:24:12 PM
Well, at least bitcoin was created for us who likes zero regulation.
And ironically, if this continues, that's exactly what's going to kill it.
Yeah.... no.
The biggest threat to Bitcoin right now IS regulation.
You're an idiot. Welcome to my ignore list. Just not going to deal with you ignorant rednecks anymore. I guarantee, you won't be lonely. Stew in your delusions. June 11, 2013, 02:23:39 PM
Well, at least bitcoin was created for us who likes zero regulation.
And ironically, if this continues, that's exactly what's going to kill it.
Yeah.... no.
The biggest threat to Bitcoin right now IS regulation.
June 11, 2013, 02:22:17 PM
Well, at least bitcoin was created for us who likes zero regulation.
And ironically, if this continues, that's exactly what's going to kill it.
Yeah.... no.
The biggest threat to Bitcoin right now IS regulation.
June 11, 2013, 02:21:03 PM
Well, at least bitcoin was created for us who likes zero regulation.
And ironically, if this continues, that's exactly what's going to kill it. How many of the "small guys" are going to be affected when that happens? Hmmm...
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