RSI already in the high 70s. Just let it hit my ask order, then it can come back to earth with a waiting bid order.

Edit:Darn it, rally ran out of gas just before my ask. 

Hmm, that is a dilemma. Guess I should stop thinking everyone is a minnow hobby miner like myself. I wonder if there are any trusted whales around that you can hook up with and do P2P trades with via an escrow and forgo the exchanges. Too bad atomic swaps are not ready for prime time yet. Then you could just feed the willing whale your BWK and they could send you BTC automatically. No exchange or escrow needed. Just atomic swap smart contract.

Take the amount of fiat that you would be comfortable losing on a junket to Las Vegas, and buy. 

Very interesting read. So the average entry looks like 8000, and the person decided not to close the positions, even though it was all gravy when BTC was in the 6K range. What a stubborn bearwhale. REKT. Glad the person/entity has been vanquished. Only way that I would feel pity for this person/entity is if it is revealed that some kind of technical problem, either on OKEX or the shorter's end, prevented closing the position in a timely manner.

I tried to read the FAQ on how OKEX futures contracts work. It befuddled me. Perhaps I didn't Google well enough.   However, I assume how it works is that the contracts are settled every Friday. So the money/bitcoin is just exchanged between the people who hold the contracts at that time. So the effect on the market is only minimal, like CBOE, CME and Bitmex.

I am like JJG when it comes to margin trading. I have dabbled in Kraken and Poloniex. I think the longest that I ever held a position open was far less than an hour. I find myself getting rather nervous over my satoshis/pennies, and end up just getting out. I definitely would not go to sleep or even move more than 10 yards away from my device with a position open.  

When a short gets liquidated (or even when it gets closed voluntarily by the trader), the person who shorts has to buy bitcoins to pay back the margin. So over 10000 BTC should have some kind of immediate effect. Although how long it lasts is another story. At least that is how it would work at Bitfinex. If it happened at Bitmex, that would not be the case because that is really a derivatives type market, from my understanding. If it was CBOE or CME, those are really cash settled and do not involve the trading of real bitcoins, so the effect would be minimal. I am not sure how OKCOIN, Kraken or the other exchanges that offer margin trading work. What exchange did this happen on?

And how am I part of the problem? I haven't traded any coins in several days. I'm just continuing to mine and waiting for this to resolve. I'm sure my electricity bill won't go unpaid if I am unable to instadump. I only have 1 Nvidia 1070 to mine with anyway.

Good, please do stop mining this coin. That will make the difficulty go down and I will get a few more coins since I am willing to wait. The dev team already came out with a fix to the chain problem a couple of days ago, and now they have to wait for the exchanges to get back on board. What do you want the dev team to do? Fly over to New Zealand and tell the Cryptopia people in person to get the wallet back online immediately?

Wow, this project must have really triggered you.  You created a brand new account just to give it a negative critique.

I had to go to the appdata folder and delete everything except the two .conf files and wallet.dat to get it to sync.

There is something that I find quite perplexing. How come when the support on the order books is higher than the resistance, the price goes down much of the time. In the opposite situation, the price seems to rise. It seems counter intuitive. Anyone have an answer?

I tried to use ignore, but I find that I keep selecting the show option.  I guess that I just can't keep myself from wanting to read something that shocks me or that I find offensive.  

I think he means to backup your wallet.dat.

That's exactly why I reacted so strongly to egyptian magician's "wisdom." "Anemic volume."  What's next? Is he going to pee on us and tell us it's raining?

This ping pong strategy is getting rather exhausting. Perhaps I should just transfer funds out of the exchange and HODL.

Although the cards laid out on the table are very important in Texas Hold'em, it's the cards that are still concealed in everyone's hands that are the most important.

I lived through most of 2015 dancing around $200, so I definitely could live with dancing around 10K for a while.

OK, please tell us then which old account is yours so we can peruse your years of valuable insight?   Hopefully, the post history has a personal BTC or altcoin address that you can sign to prove it is yours. Furthermore, my emotional reaction has to do with what I find as a manipulative post. I absolutely despise someone trying to manipulate me. I highly doubt that your purpose is to come in here and "share years of wisdom." I think you are coming in here, because you or someone that pays you has a big position and are hoping that you can scare someone into dumping.

Volume is "anemic," yet when I check the volume on GDAX, Finex, & Bitstamp, Feb 5th has had the highest volume since Dec 21st. GTFO noob. Perhaps we will retest 6000, soon, but you calling this volume, "anemic" is really "exagerated." Why not post this shit with your normal account rather than an alt account? FUCK OFF! I hope you have a big short and get totally REKT. Like being relegated to homelessness REKT. Then I hope you die of exposure.  




I have buy orders ready all the way down to $4,500, and have some fiat to spare. Bring it on, bears!
https://www.youtube.com/watch?v=x5kisPBwZOM

Quarantine all Cryptokitties now!

Unfortunately, it appears that in all of my views of this web page, https://txhighway.com/, the one lane highway is still being used much more heavily than the 8 lane highway.   It appears the BCH proponents have a long way to go to get anywhere near the adoption BTC enjoys now. This is despite the BTC mempool being at times so clogged that it is "unusable" as BCH supporters have spouted out time and time again. Or the recent narrative seems to be that BTC now has low fees because it is losing adoption. Well, that may be true, that BTC is losing adoption. However, as the web page that I have linked to demonstrates, time and time again, BCH is not gaining adoption by leaps and bounds.