tHash
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December 19, 2013, 01:28:52 AM

Will the majority of the sellers buy back in after it's clear the bottom has been hit? That's the real question here.

There's some much bigger questions than that here, not ones for this subforum though ;/
... yes?

Probably better just to wait and see how the whole thing plays out in the long term, reset's aren't a bad thing, who's finger's on the reset buttons matters though. Altcoins ftw, this whole money things overrated.

Is there anywhere you can overlay live charts? Looks like something special might have just happened, gox and stamp are still closely matched but China's doing its own thing.

Do you have a thread where you are discussing the bigger questions?   I don't have time to watch what you were seeing happen, but would like to be able to keep up . . .

It would need extra tinfoil hats, looks mostly harmless though.

For the trading, watch what the bots are doing, their patterns are fairly obvious with various functions such as damping harmonics, lines, curves and more complex patterns. They don't seem to do short term profit so there's stuff like shaping oscillations to move trends cheaply, they've been brutal on the way down but they're not hammering things around now.

I am a bit curious what the endgame of those bots was/is.   Seems expensive if someone is simply trying to force a trend.   I didn't see how much was being burnt in the process, so impossible to speculate on whether it would be beneficial to whoever sold the 10k at the top or not.   Of course the tinfoil hat idea would be that someone is trying to drive bitcoin to $0 and does not care how much it cost.