For a currency that can be manipulated so easily, the "sensible valuation" is "everyone's play money only". And so, it will be ....
Then those that are left can play with their pocket money on cheap coins.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33052. (Read 26466318 times)
June 09, 2013, 03:04:52 AM
June 09, 2013, 03:04:23 AM
Yes, they are pretty cheap.
A few of us warned weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
A few of us warned weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
I don't see anyone buying all those cheap coins. Amazing, isn't it?
Not really -- any hopes of recovery up until 2 weeks ago were pretty much ruined by manipulators aiming for "cheaper coins". It removed all steam from the market, and has cheapened the value of bitcoin. Now we're seeing the result -- the cash-out.
They wanted cheaper coins, they got them. It's time now for people to fully reconcile the phrase "cheap coins" with reality.
100 is not cheap. People want 70-30
Sure...
Funny how with every 5 dollar drop the usual CHEAAAPPP COIIINS!!!! posts were all over the place. Now it dropped below 100 and suddenly that isn't cheap anymore.
June 09, 2013, 03:03:07 AM
Yes, they are pretty cheap.
A few of us warned weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
A few of us warned weeks ago that this would happen... people want cheap coins? Well there you go. You have them. Fat lot of good it will do you now.
I don't see anyone buying all those cheap coins. Amazing, isn't it?
Not really -- any hopes of recovery up until 2 weeks ago were pretty much ruined by manipulators aiming for "cheaper coins". It removed all steam from the market, and has cheapened the value of bitcoin. Now we're seeing the result -- the cash-out.
They wanted cheaper coins, they got them. It's time now for people to fully reconcile the phrase "cheap coins" with reality.
They are moving the goalposts already...100 dollars isn't really cheap. That's why they are not buying yet.
June 09, 2013, 03:01:07 AM
Bored traders were tired of the flatlining so started some weekend fun.
June 09, 2013, 03:00:24 AM
This is somewhat exciting, even though the price is going to the wrong way in my book. It has been so boring around here after jan-feb-mar-apr, which was fun watching the wall/price daily
June 09, 2013, 03:00:16 AM
Someone who dumped 60K bitcoins at 101, is not going to buy back in. Moreover, if they have more btc, they're likely to wait for the rebound to lure more fools into the milking barn...
Noone dropped 60k at 101. Maybe you are talking about the eaten 10k wall?My guess for the reentry in in the 50 range. We might see a bull trap there.
June 09, 2013, 02:57:08 AM
The fact that the dumper picked the slowest time of the week for bitcoin, screams manipulation. All the bulls that want to hold up the price, but are still looking for cheap coins, aren't around right now, which is why the slow rebound.
The weekend dip is back, meaning manipulation is overpowering users/speculators.
The weekend dip is back, meaning manipulation is overpowering users/speculators.
June 09, 2013, 02:56:11 AM
They're loading up the bot. Hellfire on the way.
June 09, 2013, 02:55:57 AM
Someone who dumped 60K bitcoins at 101, is not going to buy back in. Moreover, if they have more btc, they're likely to wait for the rebound to lure more fools into the milking barn...
June 09, 2013, 02:54:23 AM
COUNTER-PUNCH!
This is the part where you let your opponent stand up so you can knock him all the way back down...
June 09, 2013, 02:52:53 AM
COUNTER-PUNCH!
June 09, 2013, 02:52:08 AM
The New York timezone people are always unlucky.
June 09, 2013, 02:50:52 AM
And now its lagging..
June 09, 2013, 02:50:45 AM
June 09, 2013, 02:49:53 AM
67,000 coins. 
Well I just bought in at 108. Let's see what happens.
You might take that as a warning as usually this causes a whale dump
I'm sorry
Sold at 104, fuck. It's a beautiful fall, and to think that it is all my fault...
June 09, 2013, 02:49:31 AM
That lack of rebound is disturbing.
Yeah I thought we'd see some support at 100. Wow.
June 09, 2013, 02:48:46 AM
Gox not lagging....
That fact is actually more remarkable than the crash.
June 09, 2013, 02:48:37 AM
Or maybe it will never go up again. Evaaaaar.
Tan tan taaaaan!
Tan tan taaaaan!
June 09, 2013, 02:48:22 AM
67,000 coins.
East Coast wakes up in a few hours. Party time!
East Coast wakes up in a few hours. Party time!
June 09, 2013, 02:47:52 AM
well maybe it should go down.. until we hit bottom.. so we start to go up again.
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