Focusing on only one aspect is idiotic in 99% of cases. There is more than just technical analysis, just as there is more than just fundamental analysis.
Holy shit I just got in there within the second to cancel my buys at 200. Right after I hit cancel it hit 199 at coinbase. Dat timing
better put it back up we're at 201.9 now
I'm gonna wait to see what happens overnight/tomorrow morning. This isn't even what I'm buying for short term, but if it drops into the mid-low 100's I would rather buy there than in the 200's.
the more XT is pushed the more the price will fall?
this kinda feels like the SR crash... something first viewed as a negative will actually pave the way to greater adoption
Everyone is scared of change...except if Obama says it, then everyone gets excited LOL.
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Re: $222 PRICE OF BTC
by
xIronCrossx
on 24/08/2015, 07:03:46 UTC
Based on whats been happening this past week, probably further down. Long term though BTC is looking to go up again, since the downtrend is slowing slightly.
I'm surprised the price has been so "high" all day, specifically at coinbase. The highs have been lower and the lows relatively the same, right above $225. But the highs are decreasing by $1-3 every day, so a mini dump/crash was inevitable. The high for today, so far anyways, is right around $233, while yesterday it was $235. Now the question is whether tomorrow is gonna be a huge dump (my guess), rally or just the same as this weekend.
I do think the long term is looking good though, but everyone hates waiting
Over 2x as many sell orders vs buy orders on coinbase exchange
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Re: - Bottom is in at $250 - [bitcoin/USD market observations]
by
xIronCrossx
on 19/08/2015, 04:38:22 UTC
It looks like $200 was an outlier, most of the sells were around the $218ish mark.
I didn't check the exchange during the big drop though, so I could be wrong and there were more sells. But from the chart it looks like just a small blip.
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Re: - Bottom is in at $250 - [bitcoin/USD market observations]
If it jumps up higher (say $250) that would be bullish for me. Until then though, this looks like a short lived rise and real dumping has yet to begin. Not enough volume on this crash to really call it a definitive bottom.
yes but what would be or is driving a dump? Usually something there you can put your finger on... outside of manipulation maybe
Articles crying the end of bitcoin due to the XT situation? The general public probably gets very scared when they hear things like fork
Probably not, but coinbase exchange just went from ~231 to ~238 within a matter of minutes
I do not see any reason why this drop is occurring, stands to reason, others will see no reason, and begin buying back what they sold or see a good time to buy up lol
A lot of people seem to love buying high and selling low. If I buy too high, why would I sell so low? I bought some @265ish a few days ago, a lot of people seem to get all scared and instantly sell. Makes more sense to just hold it in most cases.