Quote from: polyclef on February 07, 2014, 03:42:58 AM

Take a look at the volume of buys vs sells, this looks like big money trying to pick up cheap coins.

http://www.businessinsider.com/the-richard-wyckoff-stock-trading-method-2013-2?op=1

http://imgur.com/dd06XeE

Thanks Newbie.

Sometimes the Newbies are the smart ones!

Let's say that there is some insider information? For instance, Second Market has had two crazy days of buys (apparently off the exchanges) with over 6000 Bitcoins purchased. This is a bit unusual for them. Maybe they know something? I don't have any insider info. I can only go on what I see happening around me.

I really do believe that the whales are manipulating the market to try to get a nice shake out of weak hands before another skyrocket in price.

I for one am a hodler. I have not regretted it yet and I have a feeling I won't tomorrow either.

At some point I will sell. Then I might play the game a bit and buy back here and there as the market fluctuates but right now I want to keep my coins secure. It is actually a safer thing to do.

Edit: At some point I will sell a coin or two but never all. Wink

I have to hold at least one for the long haul. We really don't know how far this will go do we?