Quote from: beaconpcguru on December 07, 2013, 06:08:32 PM

Quote from: Davyd05 on December 07, 2013, 05:47:41 PM

Quote from: maz on December 07, 2013, 05:40:30 PM

Quote from: windjc on December 07, 2013, 05:35:16 PM

Anybody find it VERY interesting that BTCChina is more resistant to the downtrend and at a fairly higher price than the other exchanges.

Seems like a disconnect to me. If this rally is predicated on China's bitcoin policies, then why are the chinese less bearish right now?

It's interesting, noticed it earlier.

All I can think of is that the China news gave us the pop that we all wanted, sooner we crashed the sooner we get back to break 2k.

Edit: someone suggested BTChina may have temporarily suspended some transactions until verifications are processed?

What do you guys feel about the volume of buying over sat post 5am-6amest so far.. It's looking healthier for buy support on the north american exchanges as well.

Bearstamp seems most skiddish still

Everyone here is going to tell you that the price is going down until they close their shorts or re-entry positions. When the price is going down, get back to the fundamentals and the actual numbers. Some bears took advantage of the doom and gloom they were able to post all around and got a bunch of inexperienced traders to leave their original positions at far greater losses, there will be some good natured people spreading this doom and gloom now to further their own positions now that they got caught with their shorts down. Someone is dropping ~100 coins every 10 minutes for the past 4 hours now in an attempt to cause a second wave of panic when the only reason the panic started in the first place was because of two well timed 5,000 coin drops that have since re-entered.. their are some very big coin holders in here that would love more people to give in to the illusion of the lower entry greed. The normal uptalkers right now are busy starring at charts while the normal downtalkers are attempting to take advantage of the lack of confidence instilled. Patience in your friend.

How else can we get more coins. Taking advantage of market sentiment is an art.