This week(including weekend) i plan to sell about 25k BTC. Dont know wich day, im waiting for high price and counting for nice bid walls and then sell-off.

Welcome back, old friend. I read your Reddit AMA as well.

Exactly. And besides the market was so oversold it's looking for any excuse to go back up. I expect to see a couple green daily candles from now on and after that it mostly depends on how MtGox comes out of all this mess whether we dive back down or not.

^^

google translation also says:  
what about the rest?

That journalist is insane and ruthless.
He just condemned the poor guy to death sentence, whether he is The Nakamoto or not.

899 btc buy wall flashed at $400 and removed and now at $405.

Removed again though, more than likely someone getting their sells filled.

I've told you what happened, OKCOin announced they will invest in ATM production.

https://www.okcoin.com/t-1008365.html

485 would break the descending bound since ATH on the linear chart, 540 on the log chart

Huobi over $500, rally re engaging!

Who woke up karhu.

Of course you do. Any mug can make gains when liquidity is pouring into the market. In a bear market when liquidity is being drained from the market, only those ballsy and disciplined enough to sell and buy the utmost extremities of the trend line will make money, other than that the odds are stacked against you and you are just whale fodder. I made most of my gains from Nov 20th onwards up until mid Dec (I sold high and got very lucky with buy-ins at near base of Dec 5th crash). Since then profits have been low and my recent max leveraged short trade that I opted to finally hold out on, got absolutely fkn slaughtered by the time I tapped out which takes me firmly into net loss territory since 2014.

Lesson learned. Same lesson as is occurring in your head and the same lesson that countless others have been taught. Don't trade a blatant bear market. The result of this is more and more liquidity leaves Bitcoin until the point where the splashes made by greedy whales become less and less pronounced due to less and less liquidity reacting to them. No ultimate bottoming out of any market entailed a 45% swing from bottom within a few days, not even a past Bitcoin bottom.

Have also noticed that Bitstamp are becoming tighter and tighter with allowing deposits to register in peoples accounts. I sent over just $3K the other day and again, they are wanting me to 'prove' where I am getting it from. I told them to fuck off. I am getting my money back, I can't see how I am going to get any amount of money back onto that exchanges cos no way am I giving them any personal details of the description that they are asking for. Bet there are quite as lot of Bitcoiners who are feeling the same. Not exactly conducive to increased adoption is it?

coinffeine.com

Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit. Only savegox or similar proposal and the discovery of what really happened at mtgox can save bitcoin and resume its run to $10K-$100K

gox priced in?? not yet.. wait 1 year and you'll see what damages 7% of stolen coins can cause

Zoom out your chart to W1, 3D, or 1D scale, and maybe you'll see why a drop is due. I think someone forgot to release the 'news' that was supposed to go with the drop but it's happening anyway because of the trend.

Is this the bus to the moon?

oh i'm much more zoomed in...

Oh, this doesn't look good at all.

While a retest of 339.79 is certainly possible, there is one key difference here namely the multiple tests of 380 - 400 in this bear market. This parallel did not occur in 2011. So it is quite possible that 1) We see yet another test of 380 - 400 before an upward breakout or 2) we just see an upward breakout. This bear is starting to look very tried to me. By the way the fall of 2011 is when I started buying Bitcoin so the charts are good for nostalgia. I say hold / long term buy.

Edit: As for China, this is starting to look like the little boy who cried wolf, with the wolf replaced by a bit bull. https://www.youtube.com/watch?v=RmxKWEqBN-8

Outrage lol. The article says there is believed to be about $8000-$13000 worth of BTC on the site, so like 25 coins? Hardly an outrage by many people is it...

I don't know. I was wondering if any experienced traders knew if the 1W ichimoku cloud had any significance.

That was the weirdest 5 mins of action. Simultaneous pumping and dumping, I know its been boring people but make up your mind

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

I thought Stamp was supposed to go to $5 minimum today? So why are all these $1 trades trickling through bitcoinwisdom?

The question is can the fiat trickle cover the proportion of 4000+ BTC mined daily that are sold

Aha indeed.

Will it work this time though?

Expecting Shroomskit in 3..2..1..

Some more bullish news for you then TERA 

http://www.coindesk.com/indias-first-fully-open-bitcoin-exchange-launched/

What does the community think of circle.com?

IN techcrunch today:

http://techcrunch.com/2014/05/15/circle-emerges-from-stealth-to-bring-bitcoin-to-the-masses/

Jorge Im still waiting on your reply to this post https://bitcointalk.org/index.php?topic=178336.msg6748692#msg6748692

Your very quick to be negative spreading your views which your entitled to do but not so quick to retort to valid points that I'm fairly certain you can't answer. I like hearing some of the things you say but you make these points and when someone refutes them you don't seem to reply and just continue saying the same things people have already debunked.

Yep but the difference with this Jorge is he's actually a very intelligent man who you can learn a lot from, but like all academics they don't take kindly to being proven wrong

Nice troll, currently in contention for the best of 2014'

Yup. Good question.
She's gone quiet from the moment we went up.
Considering she lives in a fantasy world she probably just couldn't believe we went up and refused to buy back in as her buy orders at 280 weren't filled and now she finally woke up realizing she has a big problem.
It's quite hilarious how she has dissapeared since.

I don't think you were around last time when I recommended reading this for those who seek to understand Bitcoin

http://principiadiscordia.com/

The man strikes again

So perhaps this rally was people buying bitcoins at Bitstamp in order to take their balance out without going through that KYC (or SYW?*) stuff? 

*SIW = Stall Your Withdrawal

Re the Willy report:  Is this the moment in the animated cartoon when the guy is about to realize that he has stepped off the cliff and has been standing on thin air for a while?   

You may be glad to know that the Willy Report page has just been taken down by Wordpress for "violation of the terms of service".  Does that explain the price recovery? 

Nothing shows on my account. Seems it was a marketing gag to get some action happening on Bitfinex. It worked

Nice surprise right when I woke up, rpietila showing his mansion at the front page of Helsingin Sanomat, Finland's largest news papers:

http://www.hs.fi/ulkomaat/Suomalaismies+osti+kartanon+bitcoinilla/a1401596630456



From the article:
"34-year old Pietilä may be one of the few people who got rich with bitcoin before the virtual currency crashed in value" 

Also my first post here, been lurking tightly since the last bubble when I first learned about bitcoin and bought my first ones. Bought a little more this morning after reading the news. 

I almost hate to say this; however, I cannot resist.

If someone who looks like this guy in this picture has a lot of money, then he needs to put that money to work for his own benefit, health wise.  I am NOT talking about the genetic factors that cannot be changed, and I am sorry if there are unknown genetic factors present.

What I am suggesting is that this person, seemingly admittedly Rpietila, is looking too sickly for a 34 year old in the 21st century.  These days we have longer longevities, but this picture looks like a person who is nearly on his death bed - pale and a kind of skinny fat.

Rpietila, I make this suggestion to you without hate and with your best interest in mind - b/c I would like you to be around in 1 year or 10 years or more, if possible. 

I would prescribe changing some of the health factors that are within your control, and you have additional control over several lifestyle matters b/c you are supposedly well off in the money department (you do NOT have to work, if you do NOT want to).   

Most important is diet.  You need to make sure that you are getting sufficient quantities of meat and fat in your diet.  Red meat, fatty fish would be good to make sure as staples.   Some green vegetables would be good too.  Cut out foods with added sugars, and especially a large number of processed foods, including those with fillers such as wheat, corn and soy.  Try to limit your carbs to less than 35% of your diet.  Actually less than 20% would be o.k. too, but up to 35% is acceptable so long as those carbs are mostly whole foods, and are not dominated by processed foods and sugars.

2nd :  Sleep.  Most people need at least 6 hours per day, but 6-9 hours may be o.k.  More than 9 hours may NOT be good.

3rd:  Exercise.  Of course this can vary based on your total activities, but from the look of the picture, you have NOT been getting too much exercise in recent years.  At minimum you should be getting 2 hours per week over 3 days.  I would recommend more however, such as 4-5 hours of exercise per week.   You do NOT want to over do exercise, b/c you need to control inflammation, especially if you are NOT used to exercise.    Also, most people need to space out their exercise in order to build in rest and recuperation times, especially as we get older. You can combine resistance training such as weights with cardio-vascular.  But since it looks like you may NOT exercise too much, you may want to warm up 5-10 minutes of cardiovascular before partaking in resistance training.  Usually, it is better to save the bulk of the cardio-vascular for the end of your work-out rather than the beginning b/c you do NOT want to wear yourself out with cardio-vascular when it appears that you may need some muscle building.

Me.

Bids are increasing, expect a tsunami 

I am still BTC poor enough that this is fun to watch. 

....
If I were bidding, I would bid well above market, in order to help the cause by fostering optimism. Unless I was bidding with MY money, in which case I would think a bit more carefully about the idea.

Why Bitcoin’s Scoring in Argentina

Now this is the kind of news I like to read.

Not some hyped up merchant thingy that might or might not affect price in 2 years from now. Not some vague promise by the CEO of payebayamazon to, maybe, at some point, if it ever becomes convenient, think about integrating Bitcoin.

This is what I think should drive Bitcoin adoption in the early phase: providing the means to route around a damaged system. Hope it'll be more than just a passing fad for them.

Of course they do.

Should the price go to (1)800$ immediately. Would you consider this as an appropriate reaction?

charts work until they don't

if we have a bubble it will be another event that drives it, cyprus, china, something similar but would have to be bigger.

I just don't see anything that big on the horizon for the next 18 months. Need a catalyst if you want your bubble trends to keep on keeping on.

Hm, price fell a bit again.  What happened? Did someone offend an old prof?  I told you that the Bitcoin Goddess does not like that...

Nah, I have sufficient in the house

>800 next week I guarantee it, not kidding.

Until now, I just assumed this idea was wishful hype.  But after reading JR's article I can see that it is genius, and must be the route forward for all Bitcoin ATMs in the future.

I just sold whatever i had left. It's clear, Bitcoin is dead.
It failed. This year was make or brake. It broke. People lost interest. Everyone is getting out.

You have to be delusional to think the price will go up suddenly again.
Face it, this is the 5th or 6th year already. This is the time where it was supposed to happen and it simply failed.

People aren't gonna be suddenly interested again in 2 months again.
It's over. There is one way this will go and it isn't up.

Well we have hit the support 5 times now. Will be interesting if it breaks.

I'm not a weak hand. I simply know when things are over.

526. Cheap coins people! Is everyone buying?

Dear BagHodler:  Cut Your Loose^Tm

You can so easily hedge against that outcome. Just buy same amount of Monero as you have Bitcoin (same number fo coins). No matter which one survives, you have retained your wealth as percentage of the total.

Btw. 471 is one strong fibo line so it might not make sense to sell around that price where you should be buying.

Yes, bitch please.  The dumpers are gonna bring us right back below $499 very soon.

omg the bottom is in, quad digits incoming?

bulls still don't get it! the bubble has not been "pushed back". it's not going to happen!

people aren't going to magically start investing billions of dollars into bitcoin in November or whenever you'd like to believe just because of some bullshit numerology.

I clearly do since I've been warning you all for weeks about the impending downtrend and nobody listen!

BTW - DRK   (-60%)

My guess is that this is mostly from big boys creating entrance points prior to ETFs.

OK im getting nervous now

btc-e looks like it may be headed for another leg down, waiting on that 15min MACD on stamp and BFX to confirm down

C'mon sheep, panic buy. Super-cheap coins on sale everywhere.  

I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough.  This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.

This is killing me!

Dumpage @ Stamp

Was that 1.1-1.2k a single sell btw? from a single person that is

Ah man... they pulled half the stack.  Bummer.

Market not spooked by this wall at all. This is pretty weird considering how nervous people have been. In an unrelated aside, days destroyed is at a absolute minimum: old coin owners are happy to hodl.

So, about them walls... Is the Bitstamp one at 515 having chunks of 500 BTC added and removed all the time or is the datafeed buggy?

1/2 a million dollars required to move bitcoin a fraction of a percent in either direction, such liquidity, very intense, wow

1500 coins to an avalanche.

Very much to the point. Really appreciate your posts in general in this thread, btw.


There was a discussion in here a while ago if it even makes sense to talk about "bulls" vs. "bears", or whether that's a gross simplification that should be avoided.. I suggested the following distinction:

(a) that as a successful trader or investor, you should strive to fall into neither camp, i.e. stay as objective wrt the market as possible, and

(b) that the only ones actually deserving the label "bull" (or "bear") are those who accuse others loudly of being a "bear" (or "bull", respectively).


(don't complain. it only looks like a paradoxical definition.)

@470.8 wall

Is this fake or real?

https://bitcointalk.org/index.php?topic=774809.msg8730770#msg8730770

Boom! 1024 coin ask wall at 480 on Bfx slams down.
Asks went from 60 to 1360 in 5 seconds.

This means absolutely nothing. It's not a significant news at all, it will not produce buying nor selling pressure, it will just produce a small playground for speculators to play 1-2 day game with a small fluctuation.

Finally we reached 5 digits in shorts on Bitfinex!

Actually most businesses that "accept bitcoin" accept through Coinbase/Bitpay, and they sell the bitoins.  If the Paypal announcement is legit (and is about bitcoin), isn't PayPal simply competing with Coinbase/Bitpay? 

If that is the case, Coinbase/Bitpay will be in trouble.

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

Here's a simple little graph of how many asks there are, on Bitstamp, until $520 |: As the max, within a 24 hour period; rounded to nearest thousand.



So, quite simply, I disagree. Lots of people want to sell.

EDIT: Forgot Sep 06, -- its 6k

Too many people that believe in the theory about more merchant adoption = more selll pressure = lower prices. So they sell before prices drop.

We might see the effect of Paypal integration after the new wave of people that get in touch with BTC because of paypal and stuff really decides to invest in Bitcoin

it's already down 7%

lets see if we can break it this time...

What is this invasion of new trolls? This is something new. If this is not the end of the bear market, I don't know what is. Holy sh*t this is weird! 

LOOK at you... citing this bullish news... You must really feel out of character and kind of boared... 


I keep looking at the current price drops, and I keep wondering at what price I should drop a few more dollars into my BTC pot... $469?   $461?  $453?    Who knows?  I understand that it will NOT make a real big difference when the price starts going up again, yet I still like to buy moar at the lowest possible price... on the other hand, if it is going down today, maybe we are going to have another downward dump manipulation over the weekend...

Surely I do NOT want to get too greedy.. but it just seems strange that prices are going down again and I thought that the bargains in the below $480 range were nearly over...

Whew!!!!!   I thought that I may have been the only one with those kinds of buying thoughts.       Actually, there are a few who participate in this thread that have run out of fiat, so they are NOT contemplating buying... .


So what is the answer?   Did I miss the low buying price-point at $471.50?  if so, fuck........

Is crypto done?? 

About 1.6K dumped on Stamp.

Again, where do the coins come from? Someone ask the exchange owner!

3500 ask wall at Bitfinex 

LMAO

anyone got their circle invite ? I've registered at the early opening but they still didn't send me any invite !

XRP pump!

I guess the fall of the 3.2k wall make some people optimistic, and that's why we see no dump this weekend.

It was a cheap ass production targeted at kids, 10 years ago. With bitch-slapping inducing singers apparently.
But the link is probably a subtle hint at a possible downward market movement.

Apparently Scottland has had some discussion that if they were to become independent to have bitcoin as their national currency.. or some similar talks.  The chances of scottland transitioning into independence seems pretty low and the chances of bitcoin becoming scottland's currency seems pretty low, even if they were to transition into independence.

Scotland has the highest pensioner percentage of any part of the UK, if they adopted bitcoin there'd be 20% of the country with no idea what was going on anymore. lol

Ok, thanks for this information. It is consolidating my opinion: price on exchanges is much lower than it should be. I am very optimist for the value of my bitcoins.

this market is bad shit crazy.

It's going to come from many different places at once.

RPGs will start using them. Kids will want them over anything else. Keep bugging their parents for some. They will grow up loving them more than inconvenient money.

I know someone who used to sell rare runescape items on ebay and he has to wait for cheques to come in the post.

Then there's the traders who will love the ETF.

Then there's the reality of borderless money coming into fruition. This is beyond what many of us can imagine. We've all heard the term "internet of money" but we haven't seen it yet. But it's coming.

The politicised amongst us will always be way ahead of our time and not part of any majority that has yet to join the movement.

Multi-sig will replace ambiguous, trust requiring, huge set-ups to become necessarily reliable. Massive projects will HAVE to happen the way people funding them agreed to.

"Leaders" will ban them, whilst lining their pockets with them.

The network will be reliable become so many of us will continue to fight for them.

In our darkest times it only ever falls to where it was about a year ago.

To the "worryers" here who own, and are losing perspective, sell what you need to to help you see more rationally.

They will be mining worthless tokens if they attempt any such thing (if I'm understanding your post correctly).

I can't wait to sell my forked bitcoins though!

Feels great to see my life savings just dissappear

Can't sell at this huge loss either..



fucking hell

Miners. They make 6 * 24h * 25BTC = 3600BTC/day. They have to sell them to cover the cost of electricity + equipment.

Miners want to make a profit.  If a miner bought their equipment for 1000 BTC in January, mined 1200 BTC with it, and paid 100'000 dollars of electricity, he invested 900'000$ and got back less than 600'000$, so he lost money.    Even if he loves BTC, he would be better off today if he had kept their 900'000$ in the bank; he could buy more than 1800 BTC with it now.  

Miners decide whether to keep, buy, or sell BTC just like any investor or trader.  If there are people selling for 460$ now, why wouldn't they sell too?


EDIT: they --> he

just a quick thought:

it could also be possible that the manipulator is a large mining company that wants to push the price as far down as possible so that other miners get out of business and they get a bigger cut out of the cake

It's going to be fun to watch then support at 440$ will be broken.

https://www.cryptsy.com/coinvotes

Strong demand for Cryptsy to add XRP.

How long until BTC-e also adds it?

I do sense more and more despair. If the price does not rebound soon, expect even more despair.

\

sorry the dumb ass (but lucky) goes to me...bfl 8.5k refunded (by luck more or less) alpha t scrypt (amex refund one of the few) spondoolies refund (they asked me after a post
nice of them..I took it...likely would have ROI'd but still)....Titan NO ROI refund 10.3k first batch will be lucky to get 1/2 back

on the other hand knc jupiter last oct till now 50 coin

anyway I may have to get hit over the head a lot..but me thinks I'm just gonna go to www.coinbase.com and leisurely buy (when  I have NFI) but still .....if all I take
from this is a loss on the Titan it was the miracle I should accept!

also at my 15c/kwh rate home mining for me is dead and hosting from what I can tell from looking is also around 15c/kwh when I work it out...sad to say it seems

yeah I'm dumb no doubt (trying to stay smart but probably hopeless)

p.s. I will hold till BTC is $1 I put in what I can afford and got in last fall 2013 so have some room yet..and then look at all the BTC I would have for that $1 a BTC
(it is a sickness)

on the other hand if I am going to be this crazy I reserve the right to let off some of the pressure by 'squeaking' about it......

lovely hobby all the joys of swimming and taunting sharks...for no particular reason

Hopefully, we can keep learning as long as our eyes and ears are open and we are NOT becoming too arrogant.

I actually had a nightmare tonight bitcoin went on a slide all the way down to 1$ and was somehow unable to get out of my position (with all my savings invested). Then I woke up and was like "goddamn luckily I don't have anything invested". Shit is getting real when you're starting to have dreams of bitcoin.

lol   

And here it is. The dump everyone expected.

There are so many more BTC sold than existing due this shorting orgy. The short squeeze will come for sure.

Melting through 430's like butter against the sun...

No.

wife says " you know what i hate to see on youtube, bitcoin adds they fucking piss me off "

she HATES crypto...

You guys with your "if the price goes below xyz, then Bitcoin is DEAD" are the real weak hands if you truly believe that.

I do have cold storage but all the coins I bought before I started trading were < $100. Something in me won't let myself not hedge my position in a serious downtrend. I'm lucky I never traded on Gox... and I'm aware of the risk of keeping money on these exchanges. BUT this market is so damn juicy. If Huobi/OKcoin/Bitstamp can get down to $270-350 we could rally hard..... that'll be a trade worth taking. Otherwise I'll go back all in on a strong breakout on the daily chart.

I meant hedging in a very general sense. By that I mean, holding dollars waiting for reentry and/or occasionally shorting, as opposed to just holding BTC. I'd consider using futures if only I could understand them (or more to the point, the psychology of that market).

In reality, and I'm sure I'm going against the grain on this forum, but the safest haven right now is the dollar. I'm still waiting for entry into long term gold and silver positions as well, but IMO those are ready to decline significantly over the next year as well.

The bottom is calculated long ago, browse around. It's the price it costs to mine BTC with electricity cost that most miners pay, currently somewhere around $280.

Look at that 350 ask wall in Bitstamp at 405... someone tries hard to drive market down...with success  

Sorry for the dimness but what does this imply?

Big double bottom  





...just like in September last year...

You're so cool and witty dude.

My opinion remains the same: at the very least, we revisit $380... More likely, lower.

Still too much selling pressure and not enough buyers. IMO.

That one guy on Guam is like...

Nice buying on stamp and huobi  
Waiting for finex volume to explode.

this looks sad.

so much dumping and fake recoveries, and even more to come.

not touching this fcker until goes to at least 250 $.

Good morning, I wont remind you about what I said a couple of days ago but I will leave this here...

Cryptos only have one big parabolic. Altcoins taught me that. Monday half of America will despise Bitcoin

and this is what I was saying for 4 months now...

lets not forget that Bitcoin has an annually inflation rate of 14%...which doesn't make it allot better than the dollar when it comes to inflation, now with declining rate of adoption and this high uinflation rate and declining confidence of investors the price going down is the only logical trend... beside the  inflation argument is old and fake, and I consider it an insult to m intelligence.

Inflation rate is currently about 10%

https://en.bitcoin.it/wiki/Controlled_supply

OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature.

why didnt take it when you should ? now coming back sounding as a smart ass.

it all depend on the definition of "Adult", I play with my kids like I am a 5 years old, I run, jump and scream with them, and I sit with my 90 years old grandma to chart over a coffee or tea like I survived both my time and hers, I think I am good at giving everyone a conversation of their level of understanding, this is what I was doing with you.

me me dont care JJG, me me piss you off today ? or everyday ?

So what are we going to see after ASIC era?

the end of the ASIC era means that the race of buying the new ASICs in order to be the first to profit has came to an end...we always discussed that there will be an end to this race when Moree's law is actual, the first ASIC was an avalon 90nm and AM 120nm the second was a BFL 65nm at the time the 28nm technology was available in market but not as a Bitcoin ASIC, so naturally people raced to build an ASIC as efficient as possible, but Moree's law suggest that when we hit the 22nm (the available technology today) the network will stabilize because there will be no technology improvement for some time (2 years) unless the price sky rocket so people bring more hashing power but the same technology online.

I don't get why you keep posting the same pictures ?

0100010001101111001000000111100101101111011101010010000001110111011000010110111 0011101000010000001110100011011110010000001110011011010000110000101110010011001 0100100000011000010010000001101110011010010110001101100101001000000110001101110 1010111000000100000011011110110011000100000011100110110100001110101011101000010 0000011101000110100001100101001000000110011001110101011000110110101100100000011 1010101110000001000000111011101101001011101000110100000100000011011010110010100 111111

Its seems 380 will be a hard long term price for now.

why, you want to pay too much? just wait, this has lots of room to go down

This is good enough price for me.

Damn Bitstamp! Now it's too late  to bottom is in.

Anyway, clearly the adoption is slowing down or the new comers think Bitcoin is overvalued and this is why there is almost no support for the price, my biggest fear is that only we (bears) early adopters who sold before are providing the existing weak support for the current price with our open orders... which is really scary.

WOW, its back...32K @ 300...sheesh this guy is havin fun

Fiat arrives (finally.)

 I hope i'm wrong. But i rarely am. So i'm probably right. I wish i could be delusional like so many here.

https://blockchain.info/address/14fkop53QuyvYMFfuV6GhcQ44dtjoGeHnd

this Bitstamp's cold storage address, they sent 5000 BTC to their hot wallet, seems someone want to withdraw that kind of BTC.

And oh, just look at the larger holders and early adopters shitting their pants @ twitter and in this forum, it is a hell of fun watching fear tearing the shit out of them.

Links

Furthermore:

http://www.google.com/trends/explore#q=%2Fm%2F05p0rrx%2C%20%2Fm%2F02x0dzw&cmpt=q

New ATH ~$7000 before 2015

And another big dump.
You can forget about the trend reversal. The dumpers will stop it for sure. Back to bear market.

Apple is trying to eat our lunch

http://www.coindesk.com/apple-pay-threat-bitcoin/

2k BTC ask wall at 409.

1.5k at 406.

For months all the idiots here were praying for cheap coins. Every crash was amazing news. Best thing ever.
They expected that as soon as they bought a few "cheap coins" the price would move to 1k again.

Now they found out those days are over and the price isn't going anywhere but down.
People are getting out. There are no big players waiting to get in. There is no Wallstreet. There is no secret accumulation. It all turned out complete bs.

Bitcoin is dying. The party is over. The only thing it's good for are daily pump and dumps.

Nobody in real life is interested in Bitcoin. Apple pay did in a short time what Bitcoin couldn't achieve in years.
Unless you want to send money overseas and often there is no reason to use Bitcoin.
Average Joe doesn't give a shit about fees or decentralization and all the other Bitcoin selling points.

It's over.

Keep pushing it down bears... Easy money  
Still think there will be some big news in next days. Second Market buys and those big buys on finex (if I'm remamber right GABI is using finex for buying)... simply fishy   Wondering how much amo this bear group on finex still has  

-2918 XBT yesterday. Seems a mistake, again?

From looking at margins in the OTC market, seems like a lot of major traders loaded up around 330's.

ps: now we have notlambchop and fonzie 

Instead of bawwing and +1s, try to contribute?

yeay finally some pumping going on... remember remember.
happy 5th of november

Not many people shorting on Bitfinex based on the swap rates. That is at least some good news.

400!

Thanks bro

Silver is going up fast again. So happy i moved all my coins into silver. I bought at the very bottom.

At 326$

I want to buy some ripple, is there a exchanger without a verify?

I think that it is still working as the technical experiment that it was meant to be: a test of whether the PoW/reward/majority protocol would indeed motivate miners to mine, and prevent sabotage of a decentralized ledger. 

Bitcoin was not meant to be a replacement or alternative to credit cards, a sound investment, a way to evade law enforcement, to weaken governments, to turn losers into millionaires, etc..  Others appropriated it and have been trying to redefine it as some or all of these things.

The technical experiment has worked for five years in spite of (not because of) its massive "adoption" by half a million people for those purposes.  From the purely technical point of view, the only problem that has surfaced in these 6 years is the centralization of mining, due to use of specialized chips and economies of scale.   That development was not expected, and may be technically its failure.

Bitcoin may be failing only for some of the things it was never meant to be used for.

ripple has gone parabolic. because magic.

Seems there is an organized attack against btc, including but not limited to price manipulation.


Any hint who is behind it?

di YOU guys think we will drop below 250$?

Aha, here is the pump. Take a guess what comes after that.

it will drop again

welcome to my  ignore list

wow, no one followed that stamp dump.

 

The volume on this mini rally is pathetic.

haha
I was waiting for someone to try and spin this further delay and uncertainty surrounding the ETF as good news, but it seems not to be happening. I think they've spotted the snipers in the bushes 

as you know a couple of words mean a lot,crossing the t's etc, i'm sure they want it to proceed but with what limitations

If the SEC had decided they wouldn't approve a math-based assets ETF they would've made it clear to the Winklevoss instead of suggesting corrections to their filings.

Logic would suggest that no amount of countless lawyers hours at a hefty price should be spent further pursuing a hopeless goal. Clearly the Winks have some indications that following due process their project has a chance and will ultimately be approved.

For this favela whore you only need satoshis

man litecoin is so done

What a bunch of overly emotional pussies many bitcoiners are. If you are holding and feeling fear right now, that is the plan. The myriad bears and trolls in here are part of the scam to get your coins cheap. It's time to hold and buy like never before with money you can afford to lose. How do you imagine it felt to buy at 1.99 in 2011? Do you think it was scary back then to buy then when similar sentiment was running high? No one is going to get rich easy, it will take balls of steel (right Jorge? )

< 4B Market cap is peanuts. The concept is being more proven as time goes on and the network is expanding with buying bitcoin being less and less of a risk as time goes on.  We are very close to bitcoin 1.0  

this means SHORT on BTC.

No wonder shorts are high as balls, shit looks like it's trying to break any possible sign of long term uptrend...


BTCChina (the only major exchange left with data from 2011-2012)

I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....

you will see a 50% up from $0.1 to $0.2 very soon

I was listening on TS when these discussions took place (both the original and the following shitstorm) and I don't think there is any real problem with him or his activities at this point.
It's one of those things when everybody can be 99.9% sure about something and doesn't really care (they accept it as a part of "the game") but they want to brutally execute the man on the spot as soon as he admits it.
I for one, appreciate his honesty and I like his style. I am somewhat similar in this regard and I also got into trouble by similar behavior (I refused to deny my obvious activities unlike everybody else did).

The logic:

My bitcoins yesterday < my bitcoins today = richer

All this selling and it's only $7 down? That's bullish!

3d MACD red on finex

edit: Oh and price is lower than it was 2 years ago! Bullish? Ohhh u bet!

A nice read:

Bitcoin -- The Virgin Sacrifice

www.reddit.com/r/BitcoinMarkets/comments/350xon/bitcoins_virginity_benjamins_big_short_the_drw/

Its called bottoming (no one caring anymore). Dont worry, this is actually a good sign.

Big walls on both sides. Battle of bulls and bears?

Someone is clearly pushing the price by placing support. Every time it gets sold into it is put lower though.
Fake support? Four Punch Raiders? Legitimate bull run?

I think this is real for now.

Same as it ever was since June '14, holding it down until all the wall st. insiders have loaded up. Lawsky's delay, delay, delay on the rulebook is keeping the institutions (client money) themselves out until they have "clarity" so same effect. When the insiders are loaded then regulation fog, FUD and downside manipulation all will suddenly disappear and the institutional pump begins.

Considering that daily PSAR is bearish and daily MACD turned negative, while price is hugging the lower daily BB, the likely scenario is bearish.

There is literally no more cash on exchanges and price can go below 100 if someone sells 10k btc and longs get squeezed.

https://twitter.com/Unocoin/status/605776517121974272

Almost 2 years ago we had same twitts about China  

5k BTC to $230, 11k BTC to $240 ... Even if they are fake, it shows just how much BTC there potentially are left for shorting. Not unlike the cold war, I guess

Bid side disappeared just before those walls were erected  

12.5k BTC to $240...

6 chartbuddy posts in a row !!! This thread is dying.

Capital controls on Friday - confirmed...

Insider info. Seriously.

LFC_bitcoin I'd love to have witnessed your excitement if you'd held btc in November/Dec 2013 willybot pump.

Market maker is jumping from one extreme to another... Now we can see that most of the trades on finex is from one guy/entity.

google trends

Greece / Italy / Spain

https://www.google.com/trends/explore#q=bitcoin&geo=GR%2C%20IT%2C%20ES&date=1%2F2011%2055m&cmpt=geo&tz=Etc%2FGMT-3

Into btc?

hmmmm....

XT nodes down to 10%

Lambie is probably paid to do it.

I do wish they'd make up their bleedin' minds.

I started shorting @ $399 and kept shorting the whole way up.  I could have shorted twice as much, but after covering @$380, I know have enough to safely short Three times as much if we come anywhere close to $420 again.  I also transferred in some coins I was using for arbitrage just so I have some extra margin.

Try it again, Bulls. I double dare you.  See if I'm bluffing.   

375 test

Soooo that shows increasing stability over time ?

https://blockchain.info/address/1GVJSUUUfjm9BRQsM25NFtBHJoNfX5icGw

they are moving!

goooood! more dump incoming your way.

http://uk.businessinsider.com/r-eu-clamps-down-on-bitcoin-anonymous-payments-to-curb-terrorism-funding-2015-11?IR=T

i think that could bring an end to hopes for a rally or whatvever

even 150$ and below

That's understood. Coins you never cash out already written off as a loss.