|
1,000 bitcoin buy wall at 272.88 on bitfinex
|
|
|
|
|
It's basically sell or die from here.
|
|
|
|
I do not agree. I call below $270 before we see $300 again.
You can quote me on that.
I am with op the charts are talking to me i see them in my sleep and they tell me now it is time we about to explode this week, can you tell us when you believe the 270 is coming? I have quoted and will be sure to come back and give you a well done or we told you so  ) Possibly by next Wednesday or Saturday? It's really hard to do these kind of predictions. However, I'm confident we will see a continued downtrend. Well, what can I say?  |
|
|
|
I agree the rally was too weak, I've addressed this a couple of times in the past few days also. I'd say we go down $300 was the top. Also most profitable direction for the whales since there will be more margin calls to trigger than in the other direction.
Mmm I have a positive outlook on bitcoin but my interpretation right now is that demand is stalling.
This is nothing like last summer's rally from $420 to $680.
For now I think we will not go past $300 for quite some time. But hey this is bitcoin so anything could happen still...
I'm pretty confident the bear market will continue for some longer. No big deal for the day traders but some long term investors might get disappointed. Hang in there! |
|
|
|
I know I did a bad job updating lately. It will happen, eventually. Sorry for the delays...
Don't worry, you provide us with this fun game for free. We can't come with unreasonable expectations. |
|
|
|
|
By doing just a few trades per month (only trading the larger moves) you could comfortably increase your bitcoin holdings.
For example selling near 300 would have been great. All it takes to increase your holdings is patience and discipline.
Even better idea, and what I have been doing, is trading to increase your USD holdings. This guarantees for more purchasing power in the real world.
Holding your coins forever in the hope that everyone else is going to push the price up for you is not the best idea. You're not in control of the situation at all.
But yea what do I know...
|
|
|
|
FIRST SHITCOIN TRADE I know, I'm not disciplined.  I said the shitcoins plan will start at sub 150$ BTC, but here I am buying shit. Yesterday I bought 0.46 BTC at 217$ rate. The fact is that this month I've recived more money than expected, and the plan has become more "flexible". I still think that 150$ will be penetrated hard, and I'll buy more then. After that, I bought the FIRST SHITCOIN. The elected is FLDC (FoldingCoin), traded on Poloniex. I recognize that I rushed a little bit and bought at a market price of 165, when I could have bought at a lower level. Anyways, 165 is a cheap price. ... So you bought bitcoin at $217, which is really good, then you messed up big time by buying into FoldingCoin (I don't even know what that is?) at 0.00000165. Now it is valuead at 0.00000050. If you want any success I would not gamble any more on altcoins. Start over and learn trading bitcoin instead. |
|
|
|
|
Low amounts is more easy actually. You can move your entire balance for one price. Far less planning ahead needed.
So what RyNinDaCleM said.
|
|
|
|
I do not agree. I call below $270 before we see $300 again.
You can quote me on that.
I am with op the charts are talking to me i see them in my sleep and they tell me now it is time we about to explode this week, can you tell us when you believe the 270 is coming? I have quoted and will be sure to come back and give you a well done or we told you so ) Possibly by next Wednesday or Saturday? It's really hard to do these kind of predictions. However, I'm confident we will see a continued downtrend. |
|
|
|
|
I do not agree. I call below $270 before we see $300 again.
You can quote me on that.
|
|
|
|
|
Help people with problems. Not blatantly spoiling them with money but rather by coaching and assisting so they learn to manage their own.
|
|
|
|
btc-e days: My results from bitcoin and litecoin trading have been really consistent. Quite phenomenal and something I'm proud of. To give you an idea between November 2013 and March 2014 I turned $3,000 into a little over $20,000. Short version: Bought litecoin at $8 and sold at $41. Lost big chunk on bitcoin China ban news. Got really good at day trading bitcoin and grinded my way to 20k in a falling market. mintpal era: Then I got some crazy results from trading alt coins too. Made most on Dark, Asiacoin-scam and Liberty. These were all x1.5 - x2 trades. Only lost a little on Ultra. bittrex saga: Small gains in random coins followed, and my record trade of x2.5 from Vootcoin. I took a break and visited Central and South America (I'm from Europe). bittrex post-sabbatical: During my later alt coin trades however I got overconfident and foolish. I was overall distracted and not dedicated. Therefore I lost about $50,000 within two months!! Yea seriously... I learned a valuable lesson right there. bitfinex present: Since then I only trade bitcoin again, learned about margin trading and got my discipline back.
|
|
|
|
Now, the way I understand it is that bitcoin has scalability problems. 7 transaction per second are not enough right now for a global payment szstem.
Bitcoin is not a global payment system at this point in time so no problem there. |
|
|
|
Good luck breaking trough that wall.  |
|
|
|
...
I completely agree with your analysis. Pretty well done. |
|
|
|
|
Show Posts
