Finally some action!  |
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WoWowoWo Just got back home to find a 4k wall  What's going on? Haven't read the last 6 or 7 pages yet.. A wall is trolling bitstamp. Good job wall guy, this is hilarious. edit: You can clearly see he isn't interested in selling it, just making the speculators trip face. Yeah, I'm confused, too. What does *s/he* think is the most beneficial outcome? Testing for some manipulation later maybe. Would be more hilarious if bought coins at $580-$590 and added to the wall. |
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Come on! Someone arbitrage Gox for us! |
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I've had three friends pull their money out and walk away from bit coin over the past few days.
Well done market makers / manipulators!
Really? They didn't know going in that this happens? I am very careful to explain the risks and how these things work to my friends. Not one is less interested now than they were, which is to say most are quite sorry they didn't buy when I told them they should  Did your friends lose money? He lost about 3-4K $... oh well There was a lady who bought at $1000 posting on this forum who had to take out a loan on their house to buy her first BTC. Kept talking about her dad investing 3000 BTC and trying to convince her to make her first buy. I wonder what happened to her.  I'm still here  . Still reading... Still 'hodling'. I paid $1080 for each of my 11.1 bitcoins and have not sold - I rationalise this like so: bitcoin is only worth as much as someone is willing to pay for it right? And I refuse to sell them for less, which means they are still worth at least $1080 . Ergo, I have lost no money  . How's that for a comforting delusion? That's not delusion, an unrealized loss is not a loss. I wish I had that strength-- if you continue your patience, you will be rewarded like so many else who have held. Hopefully, it's not rent money, and you don't need to touch it for several months or a year. Mad props for even finding my post. Money is on loan against the house right? Need to calculate loan interest and compare it to BTC EV - Tough call. Good luck to you!!! |
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Thanks! is there a mtgox for this? click it I see now. Thanks! Good stuff. |
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Thanks! is there a mtgox for this? |
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Gox doesnt care  Gox orderbook looks like someone dropped an A-Bomb into the middle of it. Whoa, didn't notice, only 3915 coins to 530? Would be hilarious if he did market order while moving it around. |
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Gox doesnt care Dammit. Come on Gox, don't let me down!!!! Give us a piece of the action. |
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What site you guys using to see the walls? bitcoincharts.com doesn't refresh that quickly.
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Hloy siht. Is taht wall real? (on stamp)
damn 4.5k wall Wow. Biggest wall I've seen in a long time that's anywhere near the asking price. |
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I've had three friends pull their money out and walk away from bit coin over the past few days.
Well done market makers / manipulators!
Really? They didn't know going in that this happens? I am very careful to explain the risks and how these things work to my friends. Not one is less interested now than they were, which is to say most are quite sorry they didn't buy when I told them they should Did your friends lose money? He lost about 3-4K $... oh well There was a lady who bought at $1000 posting on this forum who had to take out a loan on their house to buy her first BTC. Kept talking about her dad investing 3000 BTC and trying to convince her to make her first buy. I wonder what happened to her. |
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Never go ALL IN/OUT in a single trade. If you are tempting take 2-5% of your stash and make bet. :-) ... you will see. Only gambler goes ALL IN/OUT and sooner or later will lose all in a single bet.
It is always gambling, no matter if full Fiat, full BTC or you split. Trading is a little more complicated than only gambling. (You can win if you are good enough) I think if it more like poker rather then a generic casino table game. |
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BTC where are you going? I just put in my sell order!!! It's just a few BTC come on now!  |
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And what I mean by that... Sure you want to stay up til the wee bit hours of 12-4AM or pull an all-nighter to catch the bottom or sell at top. Here's some advice. Don't do it. Sure it's exciting, but don't let BTC ruin your life and get addicted. When it's time to sleep, put in your buy orders or sell orders. Space them out. And sleep on it. You'll get a good night's rest and maybe make some $$$ (or lose a) in the morning but at least you'll get to sleep on time! (I admit it's hard to clear your mind of BTC when trying to sleep) Ok happy trading and now I will try to follow my own advice. |
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Well I just consulted my trading team and asked them if I should by more bitcoins or wait for a lower price? They have analyzed the information available and said "Buy more bitcoins daddy". When all else fails you listen to the 5 and two year olds. They know what's up!
But did you ask your kids the same thing when BTC was $1200? haha  |
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Were in for another sell off
With which coins? www.blockchained.comFor the first time, ask volume decreased during the crash, proving that the sells were pure panic. By this time after the november, 900-450 crashcorrection, ask volume had doubled and reached eventually triple the magnitude. In april it also skyrocketed to 4-5 times the initial value. Now it shows absolutely no will to even get back to pre-crash levels. Honestly, I'm at a loss for how ask depth is a useful indicator here. We have no idea how many coins are waiting in the wings, off the books. And we don't know the extent of arbitrage being done by Chinese traders. ^This. I still can't believe there's such a huge gap between Gox & BTC China. May not be so easy to arbitrage. But was there always a 100 difference between prices? |
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Next bottom will be in the $250-$300 range. Then rebound up to $500-ish. Finally, crash down to $100-$150 before end of year.
I strongly disagree. Discuss. Do you not see us retesting the low? support was tested 1 hour ago? looks ok Oh yeah? Well wait until you go to sleep as I recall the price dropped in the first few hours. |
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Good morning folks. Last couple of days I spent some time milling, sanding, routing, etc some redwood for a project and got sequoiosis-- fever, chills, massive headache, etc from inhaling moldy spores. YUCK MAJOR PAIN On other news, last night I was full fiat and bought in at $490-- I'm learning.  I had fun posting ugly bear pictures, and hadn't realized how powerful these cliffs are for doubling my count. Hope you guys did OK too. (I am reading that some of you got plowed through-- might I suggest it's time to learn more about the adoption curve and volatility, imo) Remember, big money (w@ll st) is coming in 3-6 months. Congrats ... for now! hehe. How's that gamblers saying go? "Quit while you're up"? Quite while you're up - Google 238,000 results Quit while you're ahead - Google 139,000 results For those who like to gamble, house edge is around 5% in most table games. Here the transaction fee is less than 1%. And it gets even better the more you play. You're not going to get better odds anywhere else. |
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Good morning folks. Last couple of days I spent some time milling, sanding, routing, etc some redwood for a project and got sequoiosis-- fever, chills, massive headache, etc from inhaling moldy spores. YUCK MAJOR PAIN On other news, last night I was full fiat and bought in at $490-- I'm learning. I had fun posting ugly bear pictures, and hadn't realized how powerful these cliffs are for doubling my count. Hope you guys did OK too. (I am reading that some of you got plowed through-- might I suggest it's time to learn more about the adoption curve and volatility, imo) Remember, big money (w@ll st) is coming in 3-6 months. Congrats ... for now! |
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