Cool Story Bro. That's a lot of money.

LOL somebody wants cheap bitcoins. Sell to him, if you prefer him to have them! 

Well due the fact that Bitstamp is down due to an "unscheduled service outage" it's not looking good for their plan is it 

Yes, I trust fiat more at this moment. I've trusted bitcoins more for days before yesterday. I'm not investor, I'm trader and I'm not going to look my coins dipping to be worth 15/20/30 dollars less without selling and trying to buy more and have them more if I feel that's what I should do.

I don't care what anyone thinks about it, as long as volatility is as it is I'm not hoarding my coins, specially as I don't have enough of them to just wait to become rich at some time.

So, you do your stuff, I'll do mine. I'm not here to help your mined or cheaply bought coins being worth more, I know that's what early adopters want from people but I couldn't care less about their coins and what they want , I'm here to make what's best for me If I lose all I've invested in btc, I won't lose a sleep, I've never invested more than I can forget.

Popcorn ready and...

Again.......

Shouldn't you be happy with that?

OK, not actionable advice - just one of many likely instantiated scenarios. Suppose it unfolds sort of like back in August 2011 ...

Stopped by the ask wall at $70 early Monday morning in the USA. Two hour goxlag-blinded drop below $85 to reach the wall and bounce back. Mt. Gox wall-busting volume over 25000 each of those two hours.  Clark Moody ding-ding-O-Meter chatters like a jackhammer with red orders flying past and huge spreads between bid and asked.

He did send me 2.65 Million Baht (about 92,000 USD)

He is new here and has some things to learn about our culture but clearly he has powder.

Edit: He is also super bullish on the price, but he is not wrong "yet". Time will tell.

Not much, really When you start to do something productive, then your actual influence will increase. If you don't, then you are a sleeping giant. Your call.

In February, nobody knew me. Now, everybody knows me. When I have finished the developments I am about to achieve, I will move on to other things.

Then the on-topic part: I think the walls permit bitcoin to rise to $119 in a bold move. Afterwards I go to sleep and not post, and the general bullishness erodes, and the bears push the price back to $106. We will not see 100 ever again.

Goat: it's OK, I understand this is crazy and too soon, but it is also crazy that Mark and Peter fight against each other. I don't have as many bitcoins as you, but I do this for my own bitcoins' sake, and I would appreciate a tip if you think my work is useful to Bitcoin as a whole, thank you!

hes just a driver of some rich guy or just pay some $ to take this photo. hes a scammer.

Will leave here the 30min docu on btc

http://cctv.cntv.cn/lm/jingjibanxiaoshi/

Agree, you'r buying instinct is state of the art. Those 700 bought at 134 day before 40% crash is the move of the Master tactician  

I prefer to think that the strength of the resistance is important, but equally important is the move required to reach it. It is like marching armies to a battle. Sun Tzu writes:


You have a certain buying pressure, but if you want to conquer something that is 100 li (about 25%) away, no matter how weak it is, you will certainly fall. After such a move, sellers smell any sign of blood, and the 61% retracement is sure to happen. (This is pretty much my trading strategy: only sell after this move, because you cannot really lose)

If you need to advance 50 li (12.5%) and then demolish the wall, half of the buying pressure is already relieved, and likely the wall will hold. Even if it falls, the chances are great that the region will be revisited sooner or later.

After 30 li (7.5%) you have a mighty power to attack a wall, but even then, the victory is not sure.

certainly amusing, if we manage to hit the 105 wall, you're going to suddenly see 20k bids disappear into thin air.

That's a huge wall at 100. Not sure what impact it can have on the market given we're still $10 away from it. It's not like ask have has been pushing as of lately. I for one can't see how that wall can manipulate anything.

It could just be a pump move, so people erroneously believe that the buying pressure is huge. As soon as the same person with the wall at $100 decides to dump his coins once there is enough depth above that point, he can just remove his bid wall and there we go down.

EDIT: that huge wall makes people interested in buying to place their bids above that wall to have a chance to buy something, hence the price goes up

i want to test this fake walls so i put my money when my mouth is and spend some $ get ready for the ride guys

The problem is not me or my posts, which are concise and thought-out, the problem is clueless newbs and paid trolls, who are not deleted at the instant that they post personal insults against a senior forum contributor.

Insulting me is off-topic here; and there is a thread dedicated to it. Understand? Now you may go.

I miss the old walls pictures, these 3D are annoying.

This is slightly OT, but while the drama unfolds slowly and some are considering buying back in at a loss, did anyone notice the option to buy XRP with USD on BitStamp?
Yesterday they were selling at 100 XRP per USD; today at 50 XRP per USD.

For 1btc to be worth $300k, it would mean that bitcoins has a market cap of 330 trillion dollars. That is, 330 trillion dollars would need to be spent in buying bitcoins. That is not going to happen. Not this year, not this decade, probably not even this century unless we get an American Zimbabwe.

Okei jätkät, nyt mennään 

Just relax, if you look at the market, its quite obvious that someone wants to bring the price down to buy some more cheap coinz. It will happen soon  

I think now it is inevitable..the pressure is huge....i have been patiently waiting to buy so i am hoping.

We're in total freefall right now.



Poke.

This lag is so getting on my fucking nerves. Fix your shit Mt.Gox 

Volume is going through the roof on this fall. Gunna be a long drop. See yall at the bottom  

38k on the hourly at the beginning of the drop yesterday
16k this last hour

EDIT added a word

I always sell at precisely the wrong time

What you want 70k from the 266 drop? Obviously I am not predicting that kind of movement... At any rate we will see. I'll be happy to be wrong and I'll be happy to be right. I'm win-win at this point.

Not too bad? It's completely unacceptable.

You are wedding limo driver and dont have any money so stop trolling.

Get out of your losers quickly and run the winners as long as you dare IMO
Whatever your intended profit is, the stop loss should be considerably less than that.

Anyone agree with this ?

This might be the stupidest question ever, but if the amount is followed by a green up arrow, it is a purchase I assume?

Can someone explain that to me?

WOw, another big purchase

The selling one is a bit bigger ^^

20kBTC in 5$... won't happen in this market. A retrace to 105 is far more probable...

It's closing on the 11th. isn't it?

I have updated my recent analysis (I can see why you guys have so much fun with this line drawing business)



While the tone is rather playful  , the general gist of the above chart holds some weight in my opinion

I think it is more about the attitude than age. Both here in Haikko Manor and in American Airlines, some of the female staff are over 60 years old, and service is like in heaven. They know what they do, and do not get pissed off no matter how busy you are. I think the balance needs to be there, I would personally not be happy if everyone was younger than me - if nothing else, that reminds me of my mortality.

 

Looking at the past week, not April.

I agree. That was my original (unquoted here) point.




We'll see, but could easily be a false breakout.

Not sure if "false" breakout is the best way to describe it, but yes, I expect price to go up somewhat shortly, oscillators say we're pretty oversold.

Reading many of these comments just reminds me of the blind, ideological and delusional thinking of the Napster cults.  Faith is necessary I get that but some of this stuff is just craziness.  The more I read these forums, the shorter Bitcoins lifespan becomes to me.  I''m currently at 2 years tops.  That's not because Bitcoin is not awesome, it's simply that too many people behind it are irrational and lack common sense and logic.  

I plan to make as much as I can off of it while I can, but my sights are already set on the "iTunes" of crypto.

Mind to explain? In my book we broke upward the main triangle of doom.

Weeeee, down we go!

No volume to confirm, could be a false break. But maybe cheap coins in near future.

that would be some pretty ridiculous people

Bitcoin was trading at about $0.1175/mBTC when I posted my preliminary explanation of what happened in the summit.