Did you entered a bitcoin position again ?
Not yet. But I have to say that, depending on your time frame, buying now at ~365 could turn out to be nice. I just closed my short from ~440. I trade this quite conservative so I am waiting for more of a buy signal before I enter.
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Yep, absolutely brutal: (BITCOIN PRICE INDEX $367.21)
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I suggest to do absolutely nothing if you are not too experienced. There is plenty of room to the downside. You do not want to catch a falling knife. And there actually is a reason for this big move down. Some traders have been anticipating it for weeks. But per usual, use your own discretion to guide your decisions.
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Welcome tschukki! Good that you join us. We all love to play chess and you can always learn about bitcoin. We also play over here: https://bitcointalk.org/index.php?topic=1190988I am with you on going for Kf8, this is also my next move. Kf8: 2 votes (tschukki, Morecoin Freeman)
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I think we are in for some January-volatility. Leaving the 400's this weekend is a possibility.
(BITCOIN PRICE INDEX $423.48)
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Thank you! I like your work.
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Draw me some chess pieces.
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1 vote h3 (Morecoin Freeman)
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I think we are doing pretty good here bitcointalk.
Bb7: 4 votes (mathgal23, tifozi, boolberry, Morecoin Freeman)
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It's very impressive.
It really is. The discussion in this thread actually inspired me to read a lot about artificial neural networks last night. This is not my subject but I am amazed. The learning part is very interesting and something I did not know too much about. Very interesting project you have here and I am looking forward to see how it performs.
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Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region.
Same here mate.
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So what now? Nf6 and then move our King to the center?
Nf6: 1 vote (Morecoin Freeman)
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1 vote e4 (tifozi) 1 vote Bg5 (Morecoin Freeman)
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$400 Will definitely break, but probably not today.
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This makes me feel sorry I didn't max my short, maybe I'll get another chance on the rebound tomorrow morning... Do you remember Jan.14.2015? January 2015 was absolutely brutal. The price went from $310 to $160, and back to $310.
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As the new move down unfolds it becomes clear that the simple moving average never really turned into support this time: (BITCOIN PRICE INDEX $437.15)
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Ok, this does seem like a good move:
Be6: 1 vote (btcusury) h3: 1 vote (Hueristic) hxg3+: 6 votes (languagehasmeaning, XMRpromotions, marcus1986, jjacob, mathgal23, Morecoin Freeman)
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Kg7 : 1 vote (jjacob) h4 : 4 votes (XMRpromotions, languagehasmeaning, marcus1986, boolberry) Kf8 : 1 vote (Morecoin Freeman)
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2 votes: 4.g3 (tifozi, Morecoin Freeman) 3 votes: 4.Nc3 (languagehasmeaning, mammut, boolberry)
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2. Nf3 (tifozi, Morecoin Freeman)
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