I'm just angry I slept for hour more than I should, lost some 3000$ because of that, some expensive nap  For me it was a lunch that was a little too long. Bitcoin simply does not allow breaks Yeah, it would really be great if we had trading hours and weekends free on top of that like on other markets. Only 9k til 400$ |
|
|
|
I'm just angry I slept for hour more than I should, lost some 3000$ because of that, some expensive nap |
|
|
|
|
We might definitely see another bull trap today up to 480 or so but as I said, no way I'm trading this until China stuff is done for good. I don't care for potential profit, just don't won't to bother and lose my nerves.
|
|
|
|
FXBTC announcement. Guess this one caused the last dump. God helps us when BTCCHina and Huobi do theirs: Today, FXBTC site management as some of its peers, as a number of commercial banks received a phone call asking the bank to cancel the account as soon as possible, in order to strengthen the implementation of the central bank issued the notice bitcoin risk prevention work, and some banks have even asked tomorrow cancel the account, FXBTC clarify that the incident was not a rumor, the central bank issued a notice requiring any real commercial banks and third-party payment institutions may not provide clearing services for Bitcoin business, demanding the closure of funds between accounts all bitcoin related sites, FXBTC While it has been hard for the majority of users, offers a variety of prepaid withdrawals channels, but the requirements for the banks immediately cancel the account, otherwise it will freeze the requirements of the account, can not do anything, the company discussed and decided, at 0:00 on April 3, 2014 before no longer deal with the bank recharge after Sunday, suspend business banking Katy is currently TenPay recharge withdrawals yet to receive any notice, you can continue to use, the inconvenience caused to you we apologize. |
|
|
|
Die China, die |
|
|
|
wtf is this ? highest short-time volume on huobi ever?
50k in last 3 hours |
|
|
|
Jeez  |
|
|
|
If its more than rumours why is there no confirmation after nearly a week? Coins are still worth more than they where two days ago so I'd say we've left the panic phase behind. We've definitely not left panic behind. People are gambling while waiting for full confirmation, just as I gambled but as we saw with both bter and btc38 news, people go to panic mode immediately. Panic would be even bigger if btcchina, huobi and okcoin would confirm. Market is unfortunately under mercy of China and each fart from over there causes panic. |
|
|
|
In fact, I'm just angry because I bought targeting 1000$ profit for today, went sleep when it was like 2pm in China thinking it's too late for any bad news, price went around my selling point while I was sleeping and just like yesterday I woke up hour or two too late  That's why I am angry |
|
|
|
Not hard thing to do when same "rumor" is going on for 4 months. and at one point the central bank of china says the rumors are false..... they lied... They're playing games with us I guess PBOC guys are shorting as mofos  |
|
|
|
Not hard thing to do when same "rumor" is going on for 4 months. |
|
|
|
As soon as I sell again what I can sell, I'm out of trading until we completely get rid off of China. If that means buying at 600$ - fine.
Well, despair is there, I see... (mine too) No, it's not despair in the way of "Bitcoin is dead", my fiat is not going anywhere and it's there to buy when this shit is over, I just don't want to trade waiting for China news to come each day/hour. |
|
|
|
|
As soon as I sell again what I can sell, I'm out of trading until we completely get rid off of China. If that means buying at 600$ - fine.
|
|
|
|
I can't bloody believe that I miss top two days in a row while sleeping Lol I told ya, you missed the surprise confirmation of the official ban confirmation.  you did I added alarm to wake me up if it goes over 500. Was thinking about 490 but decided to give 500 a chance. What a mistake, I could be 1200$ up and watch this in peace. |
|
|
|
I can't bloody believe that I miss top two days in a row while sleeping |
|
|
|
OP, sounds like you recently unload a large sum of bitcoin, do you understand that you were able to do that because you are dead wrong?
congarufuckinglation.
It's Edward mate. He is here since 2011 and I doubt there is more than 1 digit posts of his where he doesn't say bitcoin is overvalued, even when it was in single digits. So when bitcion was well over $15 or $20, I was saying I would buy bitcions when they hit around $2.00's, that is when I said it was a good long term investment.
Now that it hit that point, I do not even want to buy them. It seems that one thing consistant with bitcoin since it hit $30, was that it continues to drop.
Being one of the bigger bears about bitcoin, I am not sure now where the bottom is. Since I missed buying oil when it was $30, I was waiting for it to hit $20, I do not want to miss the bottom here.
Personally, I think I am going to wait this out for a long term stable price. I believe it should bottom out and stay at that price for a long time, like months, then it may gradually go up from there. But with gradual, I am saying, like 3-5% a year. Reason for saying this is that, 7,500 or so new bitcoins are coming to the market every day, this will have a stabalizing effect on bitcoin.
So I am going to sit this one out.
Remember, bitcoin always reaches its new lows, then it has a dead cat bounce. But the fact is that something like 50K-100K of bitcoins were sold to make it fall this low. These people now own these bitcoins. It only takes maybe 5K bitcoins to increase it back up a bit. However, 100,000 or so bitcoins are now sitting in these peoples pockets.
If they dump them they will make bitcoin fall further. They should also be less likely to buy future bitcoins, now that they own many of them. |
|
|
|
I also did the backtesting for the 4h MACD and the 1h MACD, and the conclusion was so obvious ! The 4h chart gave me a small profit (considering going fiat when a bearish crossover occured-and not going short on bitfinex) Whereas the 1h chart gave me huge profit. I did this backtesting from september til january. At that time, I didn't know anything about margin trading. Considering these new options (leverage+possibility of shorting), it was obvious that you could be a winner by just following MACD 1h crossovers. You can ofcourse have a better strategy if you add other indicators and add fundamental analysis to your strategy. I'd like to add that considering the fluctuations of bitcoin, especially during bubbles (like in April or November), using MACD in such big timeframes is quite irrelevant. I didn't try to go in 15m timeframe because I think you will get eaten by fees and swaps. Finally, you will get more often wrong than right, but you winnings will be much more important and erase your losses. Hope I did help  Any indicator/bot under the sun would give you a profit in that period. It was period of huge bubble, then huge crashes. Just go to cryptotrader.com and backtest any bot you find there for that period and it will be big winnings. It's long flat markets where the value of indicators comes to shine. |
|
|
|
DIE Bitcoin DIE
suck my dildo |
|
|
|
Let's beat that 500$ before I go to bed No dont go to bed! you will miss the surprise confirmation of the official chinese ban confirmation! To hell with China |
|
|
|
|
Show Posts
