He is talking about ex England international footballer, England manager and number one hit wonder Glenn Hoddle

http://www.youtube.com/watch?v=1KEMMfV5-Qg

I am holder as the price is rising and let the others be holders in turn when the price turns.
I will be buyer only when I know I am making money. The loosers will hold BTC when the price drops and they are not in position of adding some more coins as they are all-in already.

Unfortunately you are wrong (with relatively high probability). The price won't be stable at current levels.

The ones who are going to cash out will do obcviously from 500 all the way to current level. The rest selling pressure comes from the paniquers who are afraid of BTC falling all the way to 50 USD/BTC - they will be the ones who opress the price to 300 dollarish-levels.

Long term perspective is generally even more difficult to predict. Based on how peak/correction cycles played out historically, I would be extremely surprised if we've already seen the end of the correction. Late January/Early February is more likely based on how previous corrections played out wrt time. Price targets are difficult because it all depends on whether the December 18 low was really the bottom, or just an intermediate step in a larger more forceful downtrend, or alternatively, a long drawn out decline. I still see the possibility that daily SMA100 was active as support on that crash, and the final capitulation will be higher than the low of December 18, but that's not a strong conviction I hold, at best an informed guess.

Well some of them might have been sold a bit already but for those of them who haven't sold, I am encouraging them to sell in case of price drop like Reptila is declaring here. He has done good job in analyzing and I cannot simply ignore his research as unvalid, of course there is a probability he is wrong but based on his track record and stash of money, he must have been more often right than wrong.
You judge yourself.
As I told, I made my decision and sold 90 % of my BTC holdings and planning rebuy only if the price drops significiantly from this point - if not I do not have stop-loss set and I will cry the opportunity cost of betting agains BitCoin for short/midlong term.

So if people don't panic sell their coins into your lap you'll be pissed off, right?

Anyone gonna sell off for new year?

I think it's that creepy low volume weak/flat trend after the dust settles from a boom/bust, which leads into a final capitulation.

Also, China.

If you send cash today to BitStamp, usually it arrives too late there.
The price will probably crash - there is no serious buying currently. When the coins are sold to buyers on buy-wall, it means the price is dropping despite there is always a buyer for every sale. When there is power in the engine, the buying will eat the selling wall.
Now I see it is dropping slowly and the first seller right now gets the best price out of his/her coins, the second seller the next best price etc.
By being a first mover you max the dollar amount you are going to get out of your coins in case of crash.
I think the crash scenario is serious now and should be considered very carefully by each prudent investor.

China (huobi) leading the price movements is not a good indicator. Either it could be fake, or it could be real and then the chinese government can shut it down. Neither would be good news. I would have much preferred to see a recovery without China.

Who's panic buying on stamp?

okay crash is delayed, sorry for the inconvenience...

... that $1300 figure from BoA is more likely a carefully placed psychological wall than the result of intense number crunching.

When the snowball starts rolling, it will roll and all the air will be pressed from the balloon...

Yup. 

Actually I am so horrified that I withdrew the highest bid away from the markets.

China has been the only exchange dumping today

the rest to follow?

You "coins at 300" people are getting closer and closer to just "hoping." Because this is called consolidation with predictable weekend dips and early week rises.

Yep, I'm hoping to calmly buy back the 10% I sold in the $500s but will likely panic buy in the $900s.  

Consolidation sucks for day trading. A lot of casualties this last week.

How about price by Jan. 6th. As I think the week of the 5th-12th will be the biggest indicator of whether we are in a bull or bear market.

Are we going to bounce off of 830 to 850 again? Not clear at all to me.

Is Bitstamp pulling along, willing to break through 800 this time. Not clear either.

With Jan 31 coming up, I just don't want to overcommit.

Choo?

it better to crash & get back trading the right way than dragging dead horse

Too many bears convinced themselves sub 400 is coming ...

But the holidays don't negate market sentiment and proximity to the recent hype cycle, IMO.

Amazing to see so many naive people (probably young) who think market manipulation does not exist.

Manipulators have existed since the creation of markets, in all markets.

You're being too idealistic. Wake up. You don't live in a happy altruistic candy world.

I wish I was a noob.

I'm actually bearish for two reasons. First is huobi and second is even WITH huobi, this still looks like that weak trend in May that fell into final capitulation. So combine those two and I am extra bearish.

Just another Chinese exchange with fake volume.

Barely worth mentioning.

I recently learned I am one-degree of separation from a great whale manipulator.  Manipulation is happening.  I also learned that the exchanges realize this and are cracking down on it behind the scenes (they obviously don't want to come out and discuss this openly).  And besides, as the market grows, manipulation is becoming more difficult anyways.

But it's important to note that the great whales do not want bitcoin to crash to the point where it truly damages confidence.  They know they cannot quickly cash out 100,000 BTC and nor do they want to because they believe that bitcoin is the future of money.  

In fact, the more I think about "manipulation" and "whales" the less I see it as manipulation in the first place.  What's wrong with putting up a 1,000 BTC sell wall to try to drop the price?  By doing this you are risking a larger whale eating your wall in a single bite--live by the sword and die by the sword it seems.

In conclusion, the great whales--more often than not--are allies of bitcoin.  

if someone buys a Significant amount of bitcoin all within a couple days, will that make the price dip or spike?
I read in another post someone saying that it would cause the price to spike but that doesn't make sense to me. Someone buying a lot would cause the price to spike, that's logical, right?

It would be interesting to see it get dumped through, again. In fact Id get a real laugh if one of the whales just dumped through the whole book all the way to 400. I'll head to the whale temple.

Happy New Year from down under...

Without intending to, I ended up acting as a bit of a Bitcoin advocate tonight while out with friends at a New Years Eve party. I tried to enlighten them (inadvertently came up with a different analogy each time) as to what Bitcoin really was, but in the end the main 'argument' they had against it was "If I can't touch it, it's not real - I don't trust the internet with it". Which is ironic since that is basically what they're doing with their bank accounts.

One guy was a Financial Advisor (capital 'F', capital 'A' - his distinction, not mine) who said he was happy to "argue against Bitcoin all night". I (successfully, I think) countered every roadblock he threw up about Bitcoin and ended up betting him that one Bitcoin would be worth more than $50,000USD in 3 years (perhaps a little bullish, although can you blame me?)*. I confess, I may have been a little inebriated by this point, but I am getting a little fed up with the ramblings of people who have not taken a few minutes out of their day to research what Bitcoin actually is (i.e. a protocol as well as a currency), but instead act as if they're experts who foresee the demise of this 'imaginary money'.

Does anyone else get a little fed up with this sort of attitude?

(Apologies if this post does not belong in this thread... It's just that this is the main thread I read (every morning without fail, I trawl through the 8 or so pages that have been posted overnight... > 8 pages = something big has happened, < 8 pages = price has remained stagnant.) Although, it seems 'stagnant' in Bitcoin vernacular is akin to 'short-term' or 'temporary' in normal trading terms.)

*Bought at $1060 and have been 'hodling' ever since.
 

Thanks hey! There are some very nice guys on this forum .

says the guy advertising sexcoin..

how you doin?

Bitcoin is interesting because it allows one to work towards something they believe in while simultaneously earning a profit (should the price continue to rise).  

 How I rue the warm autumn day in 2009 when my mom emailed me a note on bitcoin from some obscure "New Age" website and I was too arrogant to even read it.  

It's quite sad actually.  She wanted to get $100 worth.  IIRC MtGox wasn't even around at that time, but I think there was some other way to buy some.  I had it in my head that it was just some stupid video game money so I didn't put forth than 20 min of effort it would have taken to help her.   

feel bullish this year eh, I'm feeling 3000.00 usd .. I peg'd breaking 1000.00 usd at june 8th 2014 so were already ahead of my first prediction.

...another major dump can occur at anytime.    

TERA did you make an offering at the Whale Temple? I'll just check the donations box...

The current dump will probably wobble and stabilize around 800-805. Then there will be more recoveries, breakouts, and dumps. If it's like May then this fight can go on for weeks.

In corner 1, you have a 1 day crossover and positive news like Fortress

In corner 2, you have backlogged capitulation, China going down, and people dumping now that tax hodling is over

A 51 on bitcoin would almost certainly result in the dramatic rise of an altcoin. Enormous profits to be made if you buy up a bunch of alts before the attack.

Yes. But others will do. Everything in the top 10 would go way up.

Could it just be that most people are on vacation right now and are not interested in buying any Bitcoin because of that?

Vacations are not what they used to be.

I think some people are just waiting to see what the market is going to do before buying.  They will eventually decide it is not going down any more and then jump in and another rally will begin.  Or someone will dump and they will jump in and then keep the price at about the level it is at now.  I think the fact that we have seen a few dumps already without affecting the price too drastically is really bullish and shows there is some great support in the 750-800 range.  

I wonder if these same arguments about low volume were used in May.

Someone is playing ping-pong on MtGox. Ping is a transaction of a few bitcoins at some price X in the gap between the highest stable bid and lowest stable ask. Pong is a similar teansaction at a price Y some 5-10 USD below X. Each transaction seems to be a small bid immediately follwed by a matching ask, or vice-versa.

There is at least one ping-pong per minute, perhaps more. The average values of X and Y creep up by 1-2 USD every few minutes. Sometimes X stops before hitting a substantial wall, while Y keeps creeping up.

The effect is to make the mean price move up steadily for many minutes. Presumably this convinces other traders to revise their orders upward, so the ping-pong can continue creeping up as the nearest sell barriers move out of the way.

This ping-pong has been going on between dumps since dec/30 at least, with some interruptions.

good morning and happy new year, so what is up ? any news ?

the volume is still very very low though, I am curious for how long this will continue...

Chinese are the best ping pong players.

Whatever they want to do, just that they do it fast. This is boring.

Lol. Keep telling yourself that. History does not repeat itself in Bitcoin.

We are watching the non-Chinese inflated rally we should have had in November. Steady increases across the board. Now that China is handicapped, we can go at the pace we were mean to all along.

Will be funny to see the fear and panic selling after the first big dumps in a few days.  
Beware panic buyers, beware!

Target Price: 1125$ GOX before the final capitulation. Don't forget to sell above 1000$.

There's that final surge to 900 I predicted. Now I'll see u guys at 600-.

bulltrap.

He is just sticking to his trading stance, and I am still holding fiat, it is volume-less exuberance and nothing is certain yet.

We are by a big majority long-term bulls here, contrary opinion based on sound thinking is welcome IMHO.

Be fearful when others become greedy.

Congrats, you nailed the top 

Just get away from the computer, don't sell.

don't think this this pullback has much more room to the downside:

I don't think you are a 'bear' or a 'bull' to point out the volume driving this is very low, nay anaemic ...essentially the market is still in holiday mode.

1/10th the media attention...

Ye it could go sideways like last week...

Just as yesterday, today we're seeing slow and continuous rising starting from early UTC morning. Also just as yesterday, perhaps we'll see a bull run tonight?

This overnight move has legs.   We are in a major resistance zone though price action hasn't indicated it's respecting that yet.  We are also running into upper channel lines so we may have some consolidation in this area before moving higher

Foolish small dump on Stamp.

Hold still - no reason for Gox to move - people buying back up

A lot of 502 Bad Gateway when trying to read bitcointalk. Is it only me ?

I just got some Bitcoin excitement by going to see Toronto's first BTC ATM. It's also the first Canadian-made BTC ATM, made in Ottawa.

Unfortunately it wasn't running. Apparently it was working a couple of nights ago for the grand unveiling but I had something way better to do that night involving good company and good food. Dude said it should be fully operational within 2 weeks.

It was still a little rough, accepting only $5, $10 and $20 bills and was one-way, accepting fiat for bitcoins but not vice-versa. Dude assured me both matters would be rectified.

Like the Robocoin, it will either scan a QR code or print out a newly created paper wallet, but unlike the Robocoin there is no palm scan involved. I wonder how long that will last.

Oddly, dude said the exchange rate is based on Bitstamp, not Virtex. He also said that at the moment the ATM has to be manually loaded with coins until they establish a relationship with an exchange.

Current fees are 5% but dude said they would be reduced as more ATMs are added and as overall volume increases. He stressed that fees were intentionally less that Robocoin and implied active competition.

Still, 5% barely covers the cost of getting fiat over to Bitstamp. Maybe they're large-scale miners with a surplus to be converted to fiat to cover expenses/financing.

Whatever, it was an exciting break from watching the charts obsessively.  

Edit- Here's a picture

http://i.imgur.com/O9MnxYn.jpg

Its coming.......

Damn that sucks. you would be worth close to half a million had you been able to rough it out for 3 years... 3 years for a half million. all you have to do is believe in your idea and stop wasting money...and i was pissed for having sold 18 BTC for 5k... shit

tbh I think we're over ignored right now. I expect ignores to roll back to about 75% of what they are right now.

Keep me coming!!!
Overstock, now Zynga
http://www.coindesk.com/games-giant-zynga-playing-bitcoin/

In the last 40 minutes FiatLeak.org the biggest change was in CNY this would not influence the prices up?

want some bull-talk?

trace has got it:





https://www.youtube.com/watch?v=0dNawEe8M1Y

...avoid panic selling at low prices.  

updated 3 month snapshot:

I am bullish, if we break through the 940 level with out much hesitation I think we are well on our way to 1500

I will agree that the last crash probably will not happen, but be aware that if it happens, now is the time for it. Personally I think the risk of not getting on the train in time is much to high to trade.

Thanks, I will be OK because i'm HODLING until a new top far above last ATH is reached.
Btw, will not everyone be looking for a crash also above 1240?

Bitpay hacked? https://twitter.com/search?q=bitpay%20hacked&src=typd&f=realtime

This kind of news could be the thing what could cause the long awaited crash, you only need a small drop and the trollbox and panic will do the rest.

So we saw a $10 drop on Bitstamp because of an unsubstantiated rumour, the FUD worked a little bit better on btc-e but even there not that many people fell for it. If Bitpay really was hacked we would have probably seen a 50% drop in price within a couple hours.

Sell you morons! Fuck you fake wall.

Feel better now?

Mofo is.   

fuck, the key part of that work is four letters. not something i would were to pick up my 6 year old kid from school here in the usa. it is not illegal but unpolite.

We have a situation now with one or more powerful buyers repeatedly hammering the MtGox asks. People see the solidly rising trend and panic buys from time to time, but we hardly correct, it is sideways for a few hours then upwards again like a marathon runner.

tl;dr extremely bullish situation. New ATH in 24h?

This is the weekend crash. 

McLaren P1 plug-in hybrid. http://cars.mclaren.com/p1.html

Sorry to be a killjoy but for the time being fuck the Lambos!  

Please everyone prepare a small amount of your stash (doesn't have to be anything more than one twentieth perhaps?) in a wallet that is as easy for you to use and as portable as possible.

Then buy small stuff! A hamburger, a Zynga APP, a sex toy... doesn't matter what just do it!

If you want the growth to continue then merchants have got to report sales or it won't work in the long term.

Boring I know, but for most the Lambos will come a bit later!  

Any new news for this sudden explosive bull run? Huobi is going crazy aswell.

Can someone please pull the reigns on this runaway bitcoin donkey?

We need to develop some brakes for this bitcoin train, lol.

You mean a donkey like in poker? You think it's a bulltrap?

[/quote

Very nice 

I think your right. atm it would take 3000 btc to break 1000. This could happen tomorrow, when usually the rally's starts. When we get close to 1000, we will probably break it right away i guess. Alot of confidence building up.

wtf is this? are we rabid dogs? i just made as much as i made in the previous 9-day period in the last hour not efficient in the slightest, guys. prepare for some serious profit-taking at the end of this ride

sometimes i believe the whole bit about speculators enhancing liquidity and such but other times i think it's a load of shit and all of this volatility is greed and fear manifested. good job newbs

not sure what you mean. the bolded statement should have made it clear that i was in proper position for this -- it in no way took me by surprise. i'm quite pleased with the profits, actually however, we are far above the trendline now and we're going to pay for it later.

It's Sunday

I'm still waiting for the weekend dip.  
Not!  

Uh... we just came crashing down from these prices. Now it is supposed to be all good?

there will be some resistance around 950-1100, it will take some time but bids will catch up and the price will continue rising, I think we will go beyond 2000 in few weeks 

edit: I say "real" what I mean is "extra," as plenty of money was lying about from having sold off from before....

I'm guessing the dynamics will be similar to that, but more because of the manipulation of the market. I suspect there are big players that will benefit from running the price up and down for a while, accumulating positions, shaking out weak hands, before allowing the next big jump up. Just a hunch, and I am almost exclusively a long-term holder.

That wall at 1200 looking insurmountable

The lambo was a PR stunt for btc. I buy just about everything i can for life using btc. But the media could care less about my socks!

yes... now i want a Bugatti.

I e-mailed them, asking them if they would take LTC, no reply back

So it's definitely true then ?

Pretty sure I could get LTC to double in a week if the world knew we could use them to buy brand new Bugatti's

Wow BTC is just on a tear.  Charts are in full bull mode:

Hoffentlich steigen nicht zu viele aus, sonst wirds sicher ähnliche Kurseinbrüche geben wie bei den China-News...

Anyone who is NOT german?

I'd really like a vintage, faded look T. This might have to be a custom design job.

Possible secondary tag line: Trains in space!

Not for T, just for amusement:

what

the

fuck

?

The guy in the movie is actually the designer of the Mercedes S-Klasse.

Omg what kind of witchcraft is this? I went on vacation for 4 days with no internet during what was supposed to be the least volatile time in bitcoin and I come back and the price has floated up $200 on no volume. Looks like everyone unanimously decided to pull their sell orders/bots and there are no coins for sale!

OK whoever asked me when I would admit I was wrong, this is it. The May patterning seems clearly broken. Looks like I've been badly burnt on the 40% part of the 60/40 position I left myself in. I give up with TA and bit coin - the exchange system is too decentralized now for that.

Yes, true. So if you're ever at the hiring end of a job interview, you know what to look for.  

Omg what kind of witchcraft is this? I went on vacation for 4 days with no internet during what was supposed to be the least volatile time in bitcoin and I come back and the price has floated up $200 on no volume. Looks like everyone unanimously decided to pull their sell orders/bots and there are no coins for sale!

OK whoever asked me when I would admit I was wrong, this is it. The May patterning seems clearly broken. Looks like I've been badly burnt on the 40% part of the 60/40 position I left myself in. I give up with TA and bit coin - the exchange system is too decentralized now for that.

Well, common logic about trends don't apply on manipulated markets that have highly concentrated wealth distribution and a lot of people who make their decisions based solely on where the price seems to be currently going.
This is gambling, not speculation.

Well will it count if I'm there only with my current position?

I'm not quite comfortable buying right away at the current level after such a fast rise and buying while everything is just peachy Isnt usually my strategy  . There is probably going to be a drop at least back to the current level at some point. Look at the order books now. I suppose there is some small chance I'll still get burnt again, but I'll still at least have the 60% position.

So? rallies in a bear market is not something out of the ordinary. A lot of fools will be trapped in the ATH range.

\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??

Is this for real?

Who is escrow!!!       (not me, i have to travel now but i haz poped corn!)

OMG I seem to have opened a real can of worms by laughing at what I thought was an obvious joke.

Good thing I don't gamble (rule of mine for almost 50 years) or I would have been first to accept OP's foolish bet. Betting in the currency whose price is being bet upon... and taking the short position? LOL

Thanks but no thanks.

Why would anyone trust me anyway? 

I'll do it if you want. Address down there ---v

Suggest coinabul deposits first as he's called the bet. Terms will have to be properly defined (48 hours from when, which exchange and other such things.)

I will take 1 btc bet, i could deposit to a reasonable escrow right after you

Not really, i would need someone reasonable. No offense but you are not the one i would trust, just based on the date registered.

If he still wants to bet vs me, i would take you as an escrow.

It takes 100 positive news article to make BTC rise to 1,000 every time it gets their it only take on half true negative news article to crash in half. Hmm I wonder when a negative news article will come out

snooze you lose... lol

He shook on it. I'm still in. What's the address to send to?

I'm a reasonable guy and this is mostly for fun. If he can't risk 2 btc we can both go .5

I'm in on the bet too if I can? What do you say Coinbull?

Belgium

Yeah the more the better

I'm in as well.   1BTC to Richy_T?

I'm trying to remember. It came up in a beer discussion a while back.

The Belgian was pimping his own country's brews and dissing everybody else's, especially Heineken.

It was me! And actually I said there are plenty of good beers in other countries, but comon, there's no way you can defend Heineken :-D. Oh and I'm not a lover of Pils in the first place.

Will do. TheCoinBull, please note who you are depositing against when you do. Everyone, please let me know which address you are depositing from. Anyone not TheCoinBull, you will be betting against him.

I reserve the right to refund everyone their money and declare the whole thing null-and-void if things look funky (I see no reason they should be, the terms of the bet look straightforward to me).

normally loaded is rather bullish. Didnt find his last post though.

Oh, I remember that one...

I took the position that Belgian beer is akin to raw sewage (with more malty overtones, perhaps).

However, in the meantime I had to revise my position a bit... as part of an accident that I don't want to talk about, I recently ingested a moderately large amount of raw sewage.

That was the exact moment when I realized the grave injustice I did to raw sewage by comparing it to Belgian beer earlier.

So, these days a 800btc trade kills the mtgox api,  but back in april/may on those days with the 200,000btc volume - well then it was just fine?

Hi guys, just came back from holidays, how is 2014 treating you? Is this rally "legit" or a bull trap, what's the consensus in here?

What about  repietila? Is he bull or bear now? Need to know to do the opposite he says

don't worry, I decided to not dump my tiny stash and am listening to pink floyd instead..   http://youtu.be/xVQTKSWULu8?t=20m52s

funny but it seems to work this way. People  want to be on safe side and have a huge gain at the same time. When I argue that it is  rather rare  to accommodate both features in the same investment, they look at me like I'am insane person.

Yeah right. Well let's see how long it lasts. The breaks just seem to give out after a couple of uses on the btc train.

i think we're just going back to the trend, we have gone up too quick. every time we go up too quick, we come back down again.

So we rise on weekends and dip on start of the week. What is this sorcery?

Breaking news.

About 5 minutes ago a major selloff occured, effectively taking out 10% of the market cap. Could this be the moment of a market turn? Will the market get into a prolonged bear stage?

Will we discuss with one of the most prolific technical analyst, Sato Shinaka

Stay tuned for more, on BTCTV, after commercials.

[commercials]

[even more commercials]

Reporter: Mr. Sato Shinaka, we all saw the rapid growth of bitcoin in 2013. Do you think that it will make new highs in 2014 as well?

Mr. Shinka: No.

...

good lord stamp is on fire what the hell is going on over there?

we will pay ?? to hell with that, it is great show, popcorn ready

haha you're obviously not a merchant trying to actually use bitcoin as a currency, or anything like that

like i said, sometimes i believe the crap about speculators being good for a market, but then again this bullshit happens with frightening regularity...

I would call it the bitch-slap pattern.

i'm not sure either. they look bad because what just happened was bad. there was prior warning though.

Needed liquidity?

I strongly suspect that at least 5000 BTC/day of MtGox volume is fake (the ping-pong I mentioned earlier). Then there are spurts of higher volume when the price is changing fast, obviously due to speculation.

The non-speculative (commercial) trade seems to be less than 5000 BTC/day. How much less?

...today is all remarkably predictable with a few trend lines.

I wasnt even watching gox during the peak of the drop. And was kinda surprised that it went down to only 950-960'ish? While btc-e went to 827. So either btc-e overpanicked, or Gox didnt react at all.

Okay speculation then. That's not what I call a strong hand

I really have no idea, the selling presure is big though.
Maybe shorting when 5000 is breached

Either this crash has a slower pace and not "kicked in" yet, or "bad news from China" will start having diminishing returns from now on?

Sorry to all I was not faithful on fulfilling my BTC to escrow. Had a major issue yesterday, where I'm currently at was hit with the biggest snowstorm in over 10+years on top of artic vortex temperatures...

yeah, the newbs need to stop going around finding news to justify price movements. market forces are generally much more powerful on the mid-term scale anyway. what we're seeing is a healthy mid-term correction to a very large bulltrap. this shouldn't be news to anyone, although i know many didn't believe it when it was mentioned on the way up.

--arepo

Hello?

CoinBull's back?

What's all this about the worst blizzard in 10 years Coinbull?

My coins froze???

Getting rid of China is bullish?   

But have you read the latest confirmed bad news, verified in the links I provide.  Read them yourself.  It's over.

China will be waking soon... They will sell because everyone else is... 750

Have a nice one people. Over and out from Greece.

... and don't forget to...


HODL!!!!!!1

I think I've choosed the perfect moment to move on cold storage.
No more panic sell for me...aaaah it feel soooooo good

Well CoinBull i am glad you are still confident that gox will hit 750 in the next 21 hours. I will be expecting 1 BTC from you if by some miracle you will be wrong.

I'm still confident that it won't hit your target, not least of all because you just pulled a number out of your ass.

Right time for bed. Made about 5% extra BTC today, and even though I can see it sliding a little further, I sleep better holding BTC. Enjoy everyone!

I don't remember who first posted this chart, but the trend has held beautifully until now:

https://www.tradingview.com/e/eBL7nAJN/

What is this?

A correction for ants?!



I went to bed on a big bright red 6h candle, expecting I'd wake up to single digits (maybe lower!), and now what do we got here? 940?!

I'm disappointed guys. You can do better. Give it another try, for me.

What goes up must come down , too many green candles at once not good.

Of course, I have nothing against day traders. But we might have a problem with pseudo-hodlers reading this thread and picking up "sentiments" that have absolutely nothing to do with long-term hodling.

You need to stash your BTC away to where you can't readily access them, log out of this forum and do something else for 3 or 5 years.

The fact that it did anything at all shows how stupid traders are.

China doesn't like Bitcoin. We get it. It's old news now. You don't all need to panic sell every time China does something else bad. Factor China into your price and move on.

hard to believe and digest, but seems it is bearish after all, my bots been selling at 889 - 896

everything manipulated, welcome to 21st century, century of BS
every market is manipulated, art auctions manipulated, gas stations manipulated and now climate also got maniplated

haha, there are some bidwalls popping up also now. My guess is that a whale will scoop up that 850 wall.

No, The Netherlands.

Eh, Blitz is alright in my book. "Occasionally insightful, mostly mild troll" would be my characterization of him (or her). Plus, he's a mod, and hell have I seen mods letting their "power" get to their heads, and it seems he doesn't do that. Good guy, good avatar, AAA+++ would do business again.

the dutch are a nation of merchants and traders. amsterdam was one of the very early banking pioneers. it´s in their genes. if bitcoin wouldn´t get traction there it would be strange.
and hey, THEY invented the tulip-mania...

i don't know about you, but i've been able to play this market pretty damn well, and i'm a complete fool

Now , can this be called a typo or not?   

that being said, i'm sure the real experts, that is the ones who have no need to post here at all, are more than fine.

I see it too



 

Meanwhile, we see another dinosaur pattern, ->




We already saw this one before, on Dec 14 ->

Its about 1 hour left, i suggest CoinBull should start dumping his thousands of coins to move the market.

This lack of volatility is pissing me off. When are we going to see a drop below 500?

Is doesn't seem like a smart move to take an unsecured bet with someone that you don't believe will pay. If you lost you would have to pay or be labeled a scammer. He has everything to win and nothing to lose. The most you can hope to do is not lose.

You make the assumption that he cares about that forum account's reputation more than his coins. 

No, I get it. You felt it was a no brainer bet. The payoff for you is watching him destroy his rep. I guess that does have, at least, a sadistic value. Schadenfreude lovers unite! lol

I just tried to use overstock in the UK and bitcoin was not available.

I just paid Overstock.com in bitcoin using @Coinbase! http://www.overstock.com/bitcoin

Pillows, shower rack.
https://bitcointalk.org/index.php?topic=407448.msg4416027#msg4416027

oh wow, i need to buy this one!

Just placed my order for random crap! Easy and so satisfying.

The true spirit of bitcoin.

I suspect some money transmitting issues or fear thereof?

how about making a random-crap-ordering-bot?

no time!

im just going to go to the store and order anything i think i would ever use... my wife will help so im sure it will get up there in $$$ terms

Everyone ready for the weekend rally??

I've surpassed kilomemes the amount of memes i generate cannot be named by any number.

http://www.zdnet.com/cn/chinas-bitcoin-exchanges-aim-to-work-around-rules-7000025010/

"Shanghai-based BTC China, for instance, has focused on stabilizing the currency by thwarting speculation, so the Chinese government will soften its grip."

Aha. I see...

Price hasn't moved all that much in the past couple days.



http://www.youtube.com/watch?v=XF2ayWcJfxo

Does anyone know why a dog licks his own dick?

I quite like this chap

http://www.bloomberg.com/video/overstock-com-now-accepting-bitcoin-M4_Os2maQoSY8ECIZ_gZQA.html

It's because he can!

I put that line there after I came up with the idea of my selling sexual favors for Bitcoin. That concept came crashing down on me when I got out of the shower this morning and caught my reflection in the mirror.

Weekend dip anyone?
Support at 800's looks really strong so im not going to fiat, but not entirely sure.

Not enough power behind this mini surge either. I'm afraid we're going back down again quite soon

If you have fiat income, you purchase more.

once again i sodl when i should've hodl!

Always buy @ tail :

... basically, unless we see some high volume buying pressure soon, these prices are likely not going to last.

--arepo

i'm going to start calling you T "unsubstantiated claims" Stuart. i think its quite becoming

--arepo

a brief overview of your posts in the last three weeks shows that volume is one of your least-discussed data, actually.

--arepo

Oh no we can't hold [insert maximum price here]
We are in for a fall back to [insert lowest price we can get away with here...converging on $500]

Go to sleep fast, because it isnt getting any better now that you are awake

To DA MOON (and beyond)!!! 

this

Re-posted as good news:

"Huobi have now switched to funding using a business account where as previously account funding was being made to the CEO's personal account.
The option to fund to his personal account has been removed. This could be good news because the bank has obviously agreed this is OK.
RMB transfer to Huobi's business bank account with China Construction Bank, also registered in Shangdi, Beijing, account number 1100 1045 3000 5301 4342 (does Not support ATM deposits or third-party transfers)."

http://www.reddit.com/r/Bitcoin/comments/1v0y3m/huobi_account_funding_switched_to_a_bank_business/

Dunno, this bounce is very weak. I'm thinking around 780 will be bottom.

He believes that the bitcoin train is in space and is going to the moon shortly.

Thats why i just went back to btc after this huobi news/dip
Im not saying im already acting on something that might happen, but if it does i will.

Wonder what happened there, somebody clicked buy instead of sell?

Anyone want to guess why the drop stopped just then?

A) All the good PRs and merchant adoption.

B) Support and volume on non-chinese exchanges.

C) China is factored out now and everyone is super bullish about our new market free of China.

D) Someone proved the news is fake.

E) Huobi started buying tens of thousands of coins.

I just think that people have an exaggerated impression about a sudden paradigm shift over a mere 3 months in which the dynamics of bitcoin trading and the amount of volume and depth needed to support the price has completely changed,  when in fact if China is removed from the equation, things could go right back to how they were in early 2013.

Below is the latest Chartbuddy image of MtGox's order book history for 1 hour, sampled every 10 minutes.  Note the changes along my yellow highlight line.  There seems to be a robot that continuously repositions a sell order of 150-200 BTC at exactly 50 USD above the last transaction price.  What could be the purpose of that robot?

Or it's possible that we dip back to 400s or lower because the type of horsepower needed to support these levels simply doesn't exist yet on non-chinese exchanges...

So many bull arguments; so little volume totals.

The volume levels seem like too drastic of a change to have occured over only 4 months. If they had decreased by 25% or maybe even 50% then that might make sense but not 80%.

The volume levels... [etc.]

I understand that many people are optimistic about the future of Bitcoin; fine, but I am not.

this is something that you can speculate on

Testing sub 700 @ huobi first before we go back up.

so now you convinced your self that you are Richard Branson hahahahah what a delusion....

so all that Fiat and Bitcoins and still bother mining ...

Hmmm I feel SMELL Ch00-Ch00 coming...

Much profit. Such curve.

what kind of drugs are those that hope for 100$ COINS TAKING??

Blitz is right. Many here are very badly prepared psychologically for the event of a long term bear market. Do I expect $100 coins? Lower? No. Is it a distinct possibility, outside of a fatal crash to $0? Yes, unquestionably. Dismissing the possibility out of hand, as many here do, is laughable. Queue log chart, etc. that is supposed to show me that trend break is impossible.....

Looking at Huobi trades all i see is Pump & Dump schemes with fearless and fearful walls..

SPACE LIZARD JEWS are controlling the FED via mind control satellite rays that the ILLUMINATI installed eons ago in your ancestors' HEADS!!!

*nervous eye twitch*

I rarely feel as bearish about the future of Bitcoin as when I realize how many batshit crazy rightwingers are attracted to it :/