postponing inevitable crash with some bs stories to buy some time.
Somehow this behavior reminds me about other, very large financial institutions...
There is no "latest news"
Thats no reason not to flash crash. With market participants like this, anything is possible. If tomorrow there were news coming out:
Amazon and Ebay to accept Bitcoin exclusively
I'd expect a flash crash at first.
This whole year Bitcoiners were telling me daily that the dollar is about to collapse. Instead the dollar is getting stronger by the day.
The Dollar is not getting stronger. The Euro is getting weaker faster. The ECB essentially committed to buying up Greek and other junk bonds and convert them into never maturing bonds.
Just to remind you perma-bulls, this picture doesn't look good.
There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380
750000 Bitcoins have been bought and sold during the last 24 hours on exchanges alone and you are telling us that the market depth is only 15 K to near zero?
Just to remind you perma-bulls, this picture doesn't look good.
There is a chance that the new fiat will start panic buying, but I don't think we will be going over $380
750000 Bitcoins have been bought and sold during the last 24 hours on exchanges alone and you are telling us that the market depth is only 15 K to near zero?
I am not telling you that, Bitstamp orderbook is telling you that...
This is not an indicator for anything. This is:
https://bitcoinity.org/markets/list