Plenty of buy orders in the queue, should trade sideways or marginally increase over the next two hours.
Plenty of buy orders in the queue, should trade sideways or marginally increase over the next two hours.
Originally Posted by Sanlmar
dont forget that paypal is going to go live with btc integration soon, which is going to blow shit up.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
There are still a fair number of people who bought this thing over $900.
They are hurtin.
I would have to read Chinese to know for sure, but from the way I read your linked page- that's still completely cool. What the government forbade was the banks themselves from owning bitcoins as reserve holdings, the way they hold Euros or Dollars. I don't think it would make a ton of sense for them to do that anyway, since the amount of money involved just isn't large enough.
maybe youre confusing the physics of economy with the psychology of crypto currency investment. they share a sliver on the vend diagram but really, look what we are talking about here.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
gox is getting its silly shit pushed in.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
It really needs to close below $1000 to ruin what has been a remarkable chart.
Wonder what happens when the US logs in this morning.... I cannot imagine there will be serious buyers here.
The big boys may play games though
Volume has dropped right off, and again the sell orders are double the buy... about to drop again I reckon.
Inverted W guys? Looks ominous
Yup, just broke
Fell off the cliff. Wish you could trade this like a legitimate security on Tradestation
I've been buying and selling most of the day. Just some coins I personally mined.
I'm still pissed off I sold 1/2 my coins right after SR was closed. Have been riding the waves and nearly have them all back.
Ron Paul-Bitcoin could destroy the dollar
http://money.cnn.com/2013/12/04/tech...n-libertarian/
The Chinese don't trust their own government, which is one reason
that this ban by their government will have no effect.
Ron Paul has been predicting hyperinflation for the past 25 years- the period of the lowest inflation in US history.
Now they're up 17%.
things look depressingly stable.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Yup, very healthy inter day pattern. Just broke out to upside.
Much regret that I did not sell below $900. I have had two opportunities recently and decided to let the short run.
I expected even more capitulation given my feeling that this is nothing but a pure speculative bubble. It's recovery both times has caused me to think there actually may be some fundamental basis for these price levels.
I am a pattern trader. I trade what I see. I don't try to be the smart guy with all kinds of fundamental research and opinions. I am not the smartest guy in the room and no trader is privy to all the real information anyway. The truth is revealed in the price.
The price action is more than just bubble speculation inmo.
This is disappointing.
$1100 is new support. It wants to test $1200.
My short is from $1180. 5 BTC left.
I will buy to cover at $1090 if I am lucky. I will also buy to cover at $1190.
This thing is acting pretty strong. I feel like I am getting shaken out of my short but I will live to fight another day.
I'm out at $1083
11/28 Short 10 BTC $1180
12/2 Buy to cover 5 @ $952 +$228 x 5 = $1140
12/5. Buy to cover 5 @ $1083. +$97 x 5. = $485
I'm done with this.
Last edited by Sanlmar; 12-05-2013 at 03:59 PM.
dropping quick
now in the low 900's
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