Shorting in this market on margin =  How so? Just short where you see resistance and buy when you see support. Pattern over the last 2 weeks has followed TA to a tee. Yeah I have been looking at the charts and sp/res lines... I had a good idea of where they have been for a while... I guess if you are strict and have a good enough strategy in terms of stop loss and bank management , and you call it right at least 55% of the time, then using borrowed money to short the BTC market can be a good idea... Day trading is risky (without even considering the counterparty risk element) as it is, risker on margin, and risker still in a market like the BTC market, if you have got good risk management and trading/banking strategy then the risk is more quantified and if that suits your risk profile and you are happy with it and you can achieve consistent results, then hey- who am I to say otherwise... though tight stop loss can give you control over your exposure, you are also more likely to fall foul of the volatility and stop hunters too with a shallow stop... so if you are looking to catch a local top, but think it is going up medium-longer term in my view it is risky... if you are a full on bear then I can see how it would be something one would consider.. unless as stated you are in full control of your shit and you are trading the bounces, all good if you have got the strategy and accept the risk of being hunted or shaken out of your trade and can accept the losses. |
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Shorting in this market on margin = |
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wow great article! I love the presented idea of bank-independent ATMs. At first I thought that it's nice how such a thing might prevent banking troubles such as the NZ company you mentioned is facing but then I realized that a network of these ATMs would indeed represent a superior pricing mechanism to what we have today, both in its robustness and its efficiency. Seriously one of the best ideas in Bitcoin space I've read in a long time. I'd be willing to invest in one of these. New Zealand Bitcoin ATM Operator Shuts Down After Bank Refusals
http://www.coindesk.com/new-zealand-bitcoin-atm-operator-shuts-down-bank-refusals/ |
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BTC Keep calm and Carrion BTC
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There appeared to be no evidence of Fowl play involved.
But Owl let you know if I hear anything more.
Wow *claps hands* Well played, I gotta say  Oh and FYI.. don't do a reverse image search of his avatar, there are even more horrifying creatures awaiting you! Well you know me..... I like to have a crow. I did but my companies fire wall blocks picture share sites, so I can't share it. There isn't any upload functionality here is there? Not as far as I can Teal anybirdy else know? Go to https://coinstackr.com/ and use there interactive chart tool to draw the lines on the Finex chart I laid out. It looks to be following this pattern to a tee as the last two support horizontals were 566 and 573. Today we bounces from 266 and it's been holding steady at 273. I have stop loss on my short set at 276 and a take profit set at 267. I wish I would have jumped online 15 minutes earlier and I would have already taken profit at 267. Well this is Hawkward.. Am I Quacking up or did you mean this for someone else? |
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There appeared to be no evidence of Fowl play involved.
But Owl let you know if I hear anything more.
Wow *claps hands* Well played, I gotta say Oh and FYI.. don't do a reverse image search of his avatar, there are even more horrifying creatures awaiting you! Well you know me..... I like to have a crow. I did but my companies fire wall blocks picture share sites, so I can't share it. There isn't any upload functionality here is there? Not as far as I can Teal anybirdy else know? |
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There appeared to be no evidence of Fowl play involved.
But Owl let you know if I hear anything more.
Wow *claps hands* Well played, I gotta say Oh and FYI.. don't do a reverse image search of his avatar, there are even more horrifying creatures awaiting you! Well you know me..... I like to have a crow. |
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There appeared to be no evidence of Fowl play involved.
But Owl let you know if I hear anything more.
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Now with Dell on board you have to be really dumb to just keep selling. It's clear there is only 1 way to go and that's up.
Then again i love seeing those idiots lose their money. Nothing better than seeing a 200 dump and the price going up 5 minutes later.
I want to have a speaking ShroomsKit cuddle toy. It's so cuuuuuute. <3 Do you mean himself or that creepy Avatar of his? What is this animal supposed to be? Any ideas anyone? It's a bird with the face of a dog. With its tongue hanging out. Obviously. Edit: and it has horns too. Ha, yeah - nothing strange about that, I guess  Where did he get such an animal from? Guess I'll be doing a quick Google reverse-image search... I dunno but:  I think Shroomskit finally killed himself... he has been seeming kinda depressed for a while... |
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Now with Dell on board you have to be really dumb to just keep selling. It's clear there is only 1 way to go and that's up.
Then again i love seeing those idiots lose their money. Nothing better than seeing a 200 dump and the price going up 5 minutes later.
I want to have a speaking ShroomsKit cuddle toy. It's so cuuuuuute. <3 Schizophrenia (Yep ShroomsKit- you are entertaining) |
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Same thing as posted in past 1 million quotes
Talking of reading the same thing over and over and over and over and over and over again... |
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My reaction every morning for the past 6 8 weeks after seeing the price  |
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No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/
why ? what is your logic? Seems to me much the same in the big world of Bitcoin ? I do not get it ... is the price only allowed to go up or "all is doomed" ? what do you view as troubling times ahead? We're not necessarily doomed. I remain mid/long-term bullish. But revisiting the $572 support isn't a good thing. The more often we test this support, the more likely it will break at some point. And we may leave long term uptrend channels that way. I'd be kinda bummed if we really entered a definitive bear market again... This isn't the beginning of a bear market. This is the beginning of the end. The is the getting out before it becomes totally worthless market. Some will realize this now, some will when we go under 100. Which group are you part of? You are funny. |
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Holy fucking shit, this panic is so hilarious. I think it's time to buy a few more coins.
Please do. It will be hilarious to watch as the we go down every day. But i doubt you will. All this talk about buying up cheap coins and all i see is the price going down. Where are all these people buying up those cheap coins? they are saying this at $1000 $800 $700 $600 $572 and will go on... most of them are not going to buy even a single coin, they know bitcoin is going to die The magical "them" & "they" |
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No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/
why ? what is your logic? Seems to me much the same in the big world of Bitcoin ? I do not get it ... is the price only allowed to go up or "all is doomed" ? what do you view as troubling times ahead? His logic is that the price is going down and people stopped buying. Can't be too hard to figure out unless you are in denial. Funny how I asked you for your logic, and you decide to answer for someone elses logic, with more of your own unsubstantiated feelings... The price has gone down- wow - y'know markets/price does actually do that from time to time... I am not sure you have noticed... can't be too hard to see unless you are hard of sight/ short of memory. |
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No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/
why ? what is your logic? Seems to me much the same in the big world of Bitcoin ? I do not get it ... is the price only allowed to go up or "all is doomed" ? what do you view as troubling times ahead? |
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Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?
Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.
There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get it.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.
The price won't bounce back. Feel free to give me one valid reason why it should. You can't.
Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.
Sources? where is the proof for all of this ? just looks like extreme paranoia to me... or fud for fuds sake... does not appear to be any facts in there that are backed by anything in reality apart from your opinion? sources please - or at the very least some sensible reasoning if there is any. |
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talking of pulling on oneself, this price action in past 12 hours has been a load of wank (that is the technical term)
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