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Davyd05
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May 25, 2014, 06:42:06 AM |
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At this point.. I'm amazed that after seeing people buying up large amounts of coins in a shortish period..you'd jump on the first dump to feed the same people buying a cheaper supply coins while they make a small flip profit if they happened to be who started the dump when we have moments of calm  THIS is all opinion not a fact as to what is happening but I can't help but feel this way as it appears to have been happening for a week now. |
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CoinDox
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May 25, 2014, 06:53:38 AM |
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I heard a statistic recently, I think on a Bitcoin Talk episode, that spoke about the overhead costs incurred for miners being around 550 million for last year. Keep in mind that those costs have to be paid in USD/JUAN/EUR... So, while I am happy to see that the recent balance has been broken with the miners constant selling factor being overcome, the question is for how long will it last. Merchant adoption is growing, and we all know the major PSP providers have to openly sell on the market to keep the lights on. The positive news cycle is in full swing though, so that will give this rally some legs. Summer should be interesting!
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blatchcorn
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May 25, 2014, 06:54:02 AM |
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I think $1000 is achievable on Monday. China and Mt Gox are history now
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chessnut
Legendary
 Offline
Activity: 924
Merit: 1001
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May 25, 2014, 06:55:44 AM |
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I think $1000 is achievable on Monday. China and Mt Gox are history now
sounds crazy to me but hey when we hit that 'elbow' who knows what will happen. |
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El Cabron
Gnomo
VIP
Hero Member
Offline
Activity: 840
Merit: 1000
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May 25, 2014, 07:00:00 AM |
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I think $1000 is achievable on Monday. China and Mt Gox are history now
sounds crazy to me but hey when we hit that 'elbow' who knows what will happen. like Risto said, if everyone is done selling who wanted to sell, $1,000 could happen in hours. There are a lot of people sitting with a lot of worthless fiat. |
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ChartBuddy
Legendary
 Online
Activity: 2786
Merit: 2413
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 25, 2014, 07:00:36 AM |
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CEG5952
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May 25, 2014, 07:01:57 AM |
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This consolidation is looking pretttty bullish.... I was planning on waiting for a swing down to 500 or a bit below, but I think I might jump on the train while we are hovering around $560. This is getting crazy!
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blatchcorn
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May 25, 2014, 07:04:18 AM |
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 We are somewhere between 14-15 If we're lucky, yes. Worst case I can see realistically is that we're at 13 (and go back another time to 400s, maybe high 300s, but won't make a new low). Yup worst case is 13. But if you look at 2 year chart, it does appear that 13 was the April 16th rally April was a bloody mess, literally. We are now at 15  |
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Ultros
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May 25, 2014, 07:09:46 AM |
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Argwai96
Legendary
Offline
Activity: 1036
Merit: 1000
Thug for life!
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May 25, 2014, 07:31:33 AM |
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I don't mean to be interrupting all this choo chooing and all -- it's very fun. But I cant help but notice this on the below chart. Anyone think we are due for a correction yet? I think we could be on an overall up trend, but...  |
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blatchcorn
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May 25, 2014, 07:31:38 AM |
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We are looking at a new ATH, with or without a new bubble by the end of the year  I could have even started my trend line from the inception of bitcoin and it would have fit  |
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hyphymikey
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May 25, 2014, 07:32:38 AM |
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Our Chinese friends have crossed 3500
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edwardspitz
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May 25, 2014, 07:36:53 AM |
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Our Chinese friends have crossed 3500
Well, just one of them so far  |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1037
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May 25, 2014, 07:44:33 AM |
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On the bright side, ripple labs has not yet been accused of transporting minor boys across state lines for the purpose of sex.
Everybody should know that terrorism, pedophilia, drugs and money laundering are the crimes that only wrongthinkers are accused of doing. Since Ripple Labs sides with TPTB, they can continue their activities without interruption. |
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hmmmstrange
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May 25, 2014, 07:50:40 AM |
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On the bright side, ripple labs has not yet been accused of transporting minor boys across state lines for the purpose of sex.
Everybody should know that terrorism, pedophilia, drugs and money laundering are the crimes that only wrongthinkers are accused of doing. Since Ripple Labs sides with TPTB, they can continue their activities without interruption. Better watch it, ripple labs' lawyer is looking for a slander suit. |
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Davyd05
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May 25, 2014, 07:51:17 AM |
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Seems like my claim that this was but another phase of tricking weak hands in to giving those hoping in the market cheaper coins @ bigger volume is panning out.
Can't believe were at 580s door step... and I'm generally bullish...
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Azeh
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May 25, 2014, 07:52:13 AM |
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On the bright side, ripple labs has not yet been accused of transporting minor boys across state lines for the purpose of sex.
Everybody should know that terrorism, pedophilia, drugs and money laundering are the crimes that only wrongthinkers are accused of doing. Since Ripple Labs sides with TPTB, they can continue their activities without interruption. +1000 Why anyone believed the ripple hype to begin with is beyond me... It was obvious from the beginning ripple was the status quo's wet dream. Case in point, why the hell did ripple have representatives at the U.S congress hearings when at that time it was just a blip on the radar? |
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freebit13
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May 25, 2014, 07:52:33 AM |
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Good morning Bitcoin!!!!! 3m, 5m, 15m, 30m, 1h, 2h, 4h, 6h, 12h, 1d, 3d MACD ALL IN THE GREEN and the 1wk red, dropping quickly... looks like it's going to be a great week CCMF!!!!1 |
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