Latest posts of: chessnut

So easily the table turns

The last two times the price bounced off that floor, it bounced no less than $300

Quote from: magicmexican on April 03, 2014, 09:51:42 AM

Are you on board?

turning bullish?

ya know what they say about wedges......

seems like we will be bouncing from here for another day at least.

Hey fellas, check this out on Huobi.

every time it has touched that line it has put up a bull fight.

Quote from: windjc on April 03, 2014, 04:03:03 AM

Probably. He's one of several reports I follow. Not an intentional rip off though.

Im not a rip off at all. My portfolio has grown 10% this year off swings and 1000% from holding.

a lot of binary people tend to misunderstand my points, and don't value strategy at all.

This is reversal territory. I'd say 50% chance of breaking 400, no more. (today)

Quote from: aminorex on April 03, 2014, 01:45:03 AM

Hey, if I can laugh and troll bearish, we've not seen capitulation yet.

Is that how it works?

No, thats not how it works. But you can keep laughing and trolling if you want.

Quote from: aminorex on April 03, 2014, 01:36:39 AM

hey you can always buy it back cheaper, right? cleverest thing ever. what could go wrong?

you asking me like you are unsure.

this is reversal territory. you are all at risk of being squeezed.

there is no rest for a bunch of back stabbing bears.

Quote from: BBmodBB on April 03, 2014, 01:33:41 AM

how do you go short BTC? =\ tia!

Bitfinex.com

Quote from: aminorex on April 03, 2014, 01:29:24 AM

Quote from: chessnut on April 03, 2014, 01:26:06 AM

Quote from: aminorex on April 03, 2014, 01:23:38 AM

Also, no deflation problem.

deflation is not a problem at all with BTC.

BTC is a problem for you if you don't like deflation.

lol making perfect sense right there. you should short some more BTC you smart cookie Wink

Quote from: aminorex on April 03, 2014, 01:23:38 AM

Also, no deflation problem.

deflation is not a problem at all with BTC.

Quote from: mooncake on April 03, 2014, 01:11:47 AM

This is the end of bitcoin. Take heed - sell whatever you have now to get back whatever you can.

gee Im glad I read this post in time.

Quote from: aminorex on April 03, 2014, 12:48:50 AM

if you already have CNY on the exchange then arbitrage is possible.

Then arbitrage potential must be limited, because the loop is closed.

Quote

Why?

Markets can remain irrational.

Let us break the trend line so the weak can sell and we can move on up.

The sooner the better.

That is a fallacy. Market have irrational traits, but a counter argument to a legit edge is not "but the markets are irrational"

it doesnt have much choice. we need to get a move on and break this trend line or spike up.

this area of support cannot be tolerated for long.

Quote from: nakaone on April 02, 2014, 10:03:05 PM

btw why don't you expect a fast rebound? - if I observe this place properly all guys are playing "who gets the most bitcoins" - and they are wondering where the button is - probably not for selling at the buttom....

we cant be certain because we dont know where the indsiders are buying their bitcoins. these exchanges are not the ideal place for institutional money.

a nice way to escape this volatility would be to short LTCBTC

Quote from: windjc on April 02, 2014, 09:56:08 PM

The price is still fighting in the high 430s. The market is trying hard to put in a bottom, but its just avoiding the inevitable breakdown to new lows.

Its just a matter of time now.

Is Chessnut okay?

thanks for the kind though im doing well thnks.