The Bitcoin Thread

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just watched CEX.io plough through a 28btc sell wall at 7600EUR in about 15 minutes 0_o
 
mic_y said:
just watched CEX.io plough through a 28btc sell wall at 7600EUR in about 15 minutes 0_o
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You need to check out the larger exchanges when the market is really moving. Walls worth hundreds of bitcoins get destroyed in seconds.
 
Knyro said:
You need to check out the larger exchanges when the market is really moving. Walls worth hundreds of bitcoins get destroyed in seconds.
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yeah I have seen captures of some of those... it still boggles the mind...
 
Knyro said:
I hope we bounce off $10k hard and fall through the floor.

Knyro needs some short and cheap coins.
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Buy some Ether in the mean time...pretty sure it's going to have an amazing year next year :p. Smart contracts are boss! :cool:

But yeah, would like to buy some more BTC as well. HODLing for dear life! :p
 
I was sceptical of Bitcoin at first, but I'm so glad I got on this train when it was at R100k.
 
It just keeps going. I buy and sell, then see it keeps breaking down walls so I buy and sell again and again.
 
Whats worrying me is that it is dangerously above the 50 and 100 day moving averages. Conventional trading wisdom is screaming "SELL SELL SELL- CORRECTION COMING!"

But this isn't conventional......
 
Freshy-ZN said:
Whats worrying me is that it is dangerously above the 50 and 100 day moving averages. Conventional trading wisdom is screaming "SELL SELL SELL- CORRECTION COMING!"

But this isn't conventional......
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Far too many people want to see a $10k btc.
It's madness.
But madness that's making a lot of people a lot of money.
 
I want to see a $100 000 BTC so it can be a true store of wealth for the world. Wont need gold or Dollars or diamonds or anything. The other coins can be the daily transaction solutions. BTC can just stay as it is and be the store.
 
Opinion regarding the massive spike this week...

Thanksgiving gave people time to talk around the camp fire so to speak. Loads of people invested that were either on the wall or weren't sure how to.

December comes we can expect another big hike, families coming together, 13th Cheques & bonuses, free time....
 
Tman* said:
Opinion regarding the massive spike this week...

Thanksgiving gave people time to talk around the camp fire so to speak. Loads of people invested that were either on the wall or weren't sure how to.

December comes we can expect another big hike, families coming together, 13th Cheques & bonuses, free time....
Click to expand...

The problem with lots of moms and pops entering the system is also that they're prone to panic sell if there is a small downturn which will trigger more and more people to sell resulting in a correction/crash.
 
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