where is Adam BTW ? I didn't seem him around for days now.
Indeed, maybe 340$ was too much for him  I thought he froze himself What were the conditions for unfreezing him again ?  |
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Fuck Bitfinex, seriously.
You open a multiple positions and then it lumps them into one large position and you either have to cancel/claim the whole order. You cant just close each order seperately.
Retarded.
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Here comes the correction folks.
Or the bear trap... |
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Well this is fun, I thought we would have had a deeper correction by now, fine by me but it makes me suspect about how authentic any of this China news is. Either way we're at their mercy ...
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Im scared to even drive home, cant take your eyes of this for a second at the moment!
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There is also a lot less money kept on exchanges after the Gox situation so more trades are dont off exchange or people only tranfer their fiat when they are ready to buy. There is plenty of cash in and around BTC
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I am such a sucker sometimes, lol I shorted 20 NMC from 625 thinking I am shorting 20 BTC of NMC, lol. And I was wondering how the hell my profit was so small  At least 500$ profit missed, I need to get slapped sometimes. lol thats one to learn from  |
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We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.
And black coin had gains of 450% over the last few days... Its immpossible to try and keep up with all the alts let alone be in the right position at the right time ! |
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LTC/BTC can't seem to keep up with this rally anymore.
Its very weird, I know the LTC rally is normally slightly delayed behind BTC but its gone down if anything since BTC started to rally. Worried about sidechains? Or maybe with some of the other innovative alts, the fact that LTC only has a faster confirmation time doesn't really matter? The real differentiator for LTC was always scrypt ASIC resistance. Now that is utterly gone. Possibly the proliferation of scrypt ASICs is damaging LTC. Possibly the blackcoin pool is damaging LTC. After all, BC is catching a lot of GPU miners, and the goal and purpose of the pool is to destroy competitor's value. The true reason imho.. Scrypt coins are as good as dead. Their only reasons of existence was that they were asic resistance. Not true anymore. And there will be more and more multipools like BC to cash out value from scrypt coins. the only reason they were ASIC resistant because it wasn't profitable to develop and tape-out an ASIC for them, today thanks to Litecoin this is possible, and IMO small Scrypt coins will die soon and Litecoin will get all the hashing power. an average mining farm could kill 90% of all existing scam coins. Other than being a litecoin investor what makes you say this? Why would Litecoin get all the hashing power? If anything once asics are out in the wild, other scrypt coins will get all that hashing power for the same reasons litecoin got a lot of miners moving to it once BTC asics were out. |
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Poor old Billyjoel. Hope he wasnt short.
Even though Billy went super bearish im sure he is fine, this may have taken him by suprise and he would have made more money by not closing his long early and trading smaller ranges but he said numerous times that he only sold some as a hedge against his main stash which Im fairly sure is sizable, he will be rather happy that his net worth has rose significantly again. Plus we're not out of the woods yet all it takes is some bad news and we can go shooting down again. |
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LTC/BTC can't seem to keep up with this rally anymore.
Its very weird, I know the LTC rally is normally slightly delayed behind BTC but its gone down if anything since BTC started to rally. Worried about sidechains? Or maybe with some of the other innovative alts, the fact that LTC only has a faster confirmation time doesn't really matter? |
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I thought all the MACD's were pointing down? What happened guys?!? Wrong. The 1D MACD crossed up and I predicted a rally exactly to this level. Time to short yet then TERA? |
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BTC-e price spike was to squeeze the shorts, now we can go down again.
Hope you closed your $445 short before this run... Closed it at 465 and went long, so I am not rly sad about that. Good lad. |
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BTC-e price spike was to squeeze the shorts, now we can go down again.
Hope you closed your $445 short before this run... |
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Theres a while to go before we can call it a bull market, but the last two days rise is certainly a good start.
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Main thing I've learned: the pain of watching it rise while out of it was far, far, far worse than watching it sink while holding.
definitely, which is why you bought back at $500-ish when it's probably more likely to drop to $450 again before launching :] you just can't take the risk of missing the boat.. I'd ignore the charts too, bitcoin is too susceptible to big movements by whales and/or news. While this is true its just as likely to go on an insane run and pull back to where we are now while you wait for $450 |
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It doesn't matter no but he is a she.
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I think I'm going to do my first ever ignore on here and ignore ShroomsKit. It is so annoying every time I make a post he says something about my position. He can't get it through his head that I make posts to be social and it has nothing to do with my position and I don't even believe I have the ability to effect this market at all. I have told him about it several times.
I have to back TERA a bit here. Everyones so quick to jump on her back at everything she says yet is one of the few posters who make real predictions and tell your their moves and positions in real time. I personally want to say thanks for the intersting material as it is far more insightful than just saying 'sheep' to everything. |
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I want to take this chance to show a perfect demonstration of why you must be carful with lagging indicators.
TERA posted a chart a few days ago quite rightly showing that the 1w ema had crossed. If you sold at that point it was just above $400.
Now look at the 1 week ema and see how lagging indicators can really burn you and you should never use just a lagging indicator to make your moves.
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Huobi over $500, rally re engaging!
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