it's dead in here, funny how all the so called supporters vanish when things get rough...i still have my 50k..sold about 3k all up....watched my profit go from 200+btc to like 50 but im still here..were is everyone else? oh well i still have faith.
Let's attribute the quietness to the blessed absence of FUD. yeah i bet there saying to themselves "my work here is done" can't believe ppl scoop so low to make money, i have never once spread FUD for gains or to protect my investment. Heh. Yeah, they probably think their work is done. It's fine really. This coin has little to lose from a dip in price, and I have lots to gain at the bottom. |
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it's dead in here, funny how all the so called supporters vanish when things get rough...i still have my 50k..sold about 3k all up....watched my profit go from 200+btc to like 50 but im still here..were is everyone else? oh well i still have faith.
Let's attribute the quietness to the blessed absence of FUD. |
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Guys I've said it before and ill say it again. The slower the crash, the harder a recovery is. Things are starting to look rather bleak.
Man, when you said "slow" you really meant it. I come back from a sleep and the market might as well have gone sideways. Are your buy orders still in or will you wait this out to see when a bull run commences? |
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[snip]
PANIC Buy
[snip] Panic buy. All the coins are getting eaten up And now comes the slow drawn out sell until our next support level @ 0.0011. Gonna go out and get some popcorn. It's gonna be a long day. Yeah. Gonna have my nap now. See you later folks. |
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This slow crash is scary. Usually crashes that recover are allot faster. Slow crashes usually end very very badly with very little recovery.
I'm just hoping this is down to newbies falling into bull trap after bull trap rather than anything else. All this hope for a recovery might be futile, if we continue crashing slowly any recovery will just result in us crashing down again. I know this sound crazy, but without a major dump even if we don't break through 0.001 today, we could quite easily in the next few days and continue to fall.
Kinda wish I didn't go swimming now, someone ate up all the buy orders I was eyeing up.
Well. 65k left. Looks like I'm going down with the ship
Sorry to hear it. I wonder if there are any tricks to encourage a fast crash... Well, I could take all the orders down to around 0.0011 in small stages, but the risk/reward for me then is far to low. Waiting it out for better signals. Got my buy orders in anyways their just not as large as I would have hoped. Would rather make a small profit than a huge loss. Lets see what happens. I think we've still got another couple of hours of this if it continues the way it's going. Damn, nice bull trap. I should've scalped that. Ah well, if you're correct about the continued downward direction then I'm going to have a nap. Getting tired will do me no favours here. |
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This slow crash is scary. Usually crashes that recover are allot faster. Slow crashes usually end very very badly with very little recovery.
I'm just hoping this is down to newbies falling into bull trap after bull trap rather than anything else. All this hope for a recovery might be futile, if we continue crashing slowly any recovery will just result in us crashing down again. I know this sound crazy, but without a major dump even if we don't break through 0.001 today, we could quite easily in the next few days and continue to fall.
Kinda wish I didn't go swimming now, someone ate up all the buy orders I was eyeing up.
Well. 65k left. Looks like I'm going down with the ship
Sorry to hear it. I wonder if there are any tricks to encourage a fast crash... |
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Im out see you at .0010
Cheers fellow. May we all emerge with more XC than we started with. I just tansfered to wallet get some PoS. I cant handle watching this knowing the account balance lol. If there was a way to turn that off I would be much better. So to get rid of the urge of panic, got em out of there... I got some BTC coming in not much , but set some buys a little lower and see what happens but for now its staking. Hah. Pragmatic move there. Well I look at it this way, I am not greedy and I made enough to make my happy. I dont look so much as this as a "get rich quick" thing more so as a hobby. As long as I get some green, and enough to pay off the power bill each month I am happy to get a few hundred extra a month. So far this coin has returned that and then some for me. It all keeps the wife quite as she sees me re investing 30% back into mining equipment. Worse case this tests the waters for now. It might actually spur a buying frenzy. That's a good position to be in. Nice and relaxed. It'll certainly help with the panic in situations like this one. There'll probably be a rebound to at least a 50% Fib retracement after it touches 0.001. That'll be 0.00136 or something. Nice quick ~30% profit for those who are up for it. Just make sure you don't buy at 0.001 to have it head down to 0.00075. Ha ha. |
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Im out see you at .0010
Cheers fellow. May we all emerge with more XC than we started with. I just tansfered to wallet get some PoS. I cant handle watching this knowing the account balance lol. If there was a way to turn that off I would be much better. So to get rid of the urge of panic, got em out of there... I got some BTC coming in not much , but set some buys a little lower and see what happens but for now its staking. Hah. Pragmatic move there. |
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Im out see you at .0010
Cheers fellow. May we all emerge with more XC than we started with. |
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You guys wanna see something fun?
I'm gonna test the strength of a possible recovery and buy up a few thousand after I make this post. Hopefully it'll start a bull run up and a recovery, if it doesn't, were gonna break through 0.00125 without a doubt
Things like this are necessary to test the strength of a market. Lets see what happens
Was that 2977.48 order yours? That and a few others I've been putting in over the last twenty minutes. It's kinda building a bull run. I usually do them as soon as we test key support levels like the 0.00125 we did in the last thirty minutes Ha ha. Great strategy. Lovely to have the capital to do it. Good timing too. The wicks of the previous two candles make a bullish order look plausible. Ahh it's called an elasticity test. When the market looks strained you put a bit of pressure on it one way and see if it pulls back. It's kind of necessary in situations like these, gives me a good indicator on the strength of a recovery and ultimately whether to dump or not, plus I've timed it pretty well to give the charts a sense of recovery, if it fails then there is little strength and the chance of the downward trend continuing is extremely high. I'm gonna pull it a few more times then go for this swim. Pool doesn't open for another ten minutes so might aswell use this time wisely. If the next couple of candles on the 30m chart don't assume a recovery I strongly suggest everybody dumps before I do. Also, to add, most of the other whales out there don't check this forum, they will be sitting either in an office or there homes with four screens running every indicator they have. And I've just thrown them all out of wack. Might cause them to get jumpy and rebuy. Lets see what happens. Good luck people. Fascinating. It must be a lot easier when you don't have to rely purely on chart patterns. Being able to physically test the market is amazing. I discovered a fun strategy during an especially quiet time on Bitfinex. I'd put in a miniscule sell in the first second of a candle to start it low, and then keep it bullish with miniscule buys at opportune times. The chart comes out bullish with minimal expense. Not that the gains were especially meaningful in a market as quiet as that, but it's a nice way to reduce ambiguity on a chart. Yea. Manipulating charts isn't too hard. I do it at times like these throw off other whales and see how they would react to changing circumstances. Things like this occasionally trigger recoveries but I must say its looking like a futile attempt Anyways, That's a nice strategy, shows you can do it with even the smallest of amounts. Hahaha its kinda worrying considering I spent most my time reading charts, people like you make my life a nightmare  Ha ha! Sorry man. If I feel the urge to do it to XC I'll let you know. But I don't think it's doable with tiny amounts unless the market is really quiet. So often it's necessary to push through a bit of resistance to get the candle to look bullish, and that would take more funds. Also it's impossible to do when some stupid bot is selling 0.004 BTC every second. It is possible. I probably shouldn't make this public but if you just do extremely small buy or sell orders every 15 minutes right before the charts update you can really make a huge difference to their outlook in the long term Anyways, for the record, I very rarely do this. Only when we are in the middle of a crash like we are now, or near the top of bubbles. Kinda pointless doing it any other times Yeah, that's a great trick. In fact, we should publicise it on this thread. It'll facilitate a good pump. Ha ha. Thanks for the help. Gotta love a conscientious whale. In the next few months when the bitcoin bubble starts to form I'm gonna take a few months break write up everything I know about trading, exchanges, chart patterns and manipulation, and ill make it all public. Its kind of my way of levelling the playing field. Ill make sure to send you a link once its done Thanks fellow. That would be fantastic. |
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You guys wanna see something fun?
I'm gonna test the strength of a possible recovery and buy up a few thousand after I make this post. Hopefully it'll start a bull run up and a recovery, if it doesn't, were gonna break through 0.00125 without a doubt
Things like this are necessary to test the strength of a market. Lets see what happens
Was that 2977.48 order yours? That and a few others I've been putting in over the last twenty minutes. It's kinda building a bull run. I usually do them as soon as we test key support levels like the 0.00125 we did in the last thirty minutes Ha ha. Great strategy. Lovely to have the capital to do it. Good timing too. The wicks of the previous two candles make a bullish order look plausible. Ahh it's called an elasticity test. When the market looks strained you put a bit of pressure on it one way and see if it pulls back. It's kind of necessary in situations like these, gives me a good indicator on the strength of a recovery and ultimately whether to dump or not, plus I've timed it pretty well to give the charts a sense of recovery, if it fails then there is little strength and the chance of the downward trend continuing is extremely high. I'm gonna pull it a few more times then go for this swim. Pool doesn't open for another ten minutes so might aswell use this time wisely. If the next couple of candles on the 30m chart don't assume a recovery I strongly suggest everybody dumps before I do. Also, to add, most of the other whales out there don't check this forum, they will be sitting either in an office or there homes with four screens running every indicator they have. And I've just thrown them all out of wack. Might cause them to get jumpy and rebuy. Lets see what happens. Good luck people. Fascinating. It must be a lot easier when you don't have to rely purely on chart patterns. Being able to physically test the market is amazing. I discovered a fun strategy during an especially quiet time on Bitfinex. I'd put in a miniscule sell in the first second of a candle to start it low, and then keep it bullish with miniscule buys at opportune times. The chart comes out bullish with minimal expense. Not that the gains were especially meaningful in a market as quiet as that, but it's a nice way to reduce ambiguity on a chart. Yea. Manipulating charts isn't too hard. I do it at times like these throw off other whales and see how they would react to changing circumstances. Things like this occasionally trigger recoveries but I must say its looking like a futile attempt Anyways, That's a nice strategy, shows you can do it with even the smallest of amounts. Hahaha its kinda worrying considering I spent most my time reading charts, people like you make my life a nightmare Ha ha! Sorry man. If I feel the urge to do it to XC I'll let you know. But I don't think it's doable with tiny amounts unless the market is really quiet. So often it's necessary to push through a bit of resistance to get the candle to look bullish, and that would take more funds. Also it's impossible to do when some stupid bot is selling 0.004 BTC every second. It is possible. I probably shouldn't make this public but if you just do extremely small buy or sell orders every 15 minutes right before the charts update you can really make a huge difference to their outlook in the long term Anyways, for the record, I very rarely do this. Only when we are in the middle of a crash like we are now, or near the top of bubbles. Kinda pointless doing it any other times Yeah, that's a great trick. In fact, we should publicise it on this thread. It'll facilitate a good pump. Ha ha. Thanks for the help. Gotta love a conscientious whale. |
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You guys wanna see something fun?
I'm gonna test the strength of a possible recovery and buy up a few thousand after I make this post. Hopefully it'll start a bull run up and a recovery, if it doesn't, were gonna break through 0.00125 without a doubt
Things like this are necessary to test the strength of a market. Lets see what happens
Was that 2977.48 order yours? That and a few others I've been putting in over the last twenty minutes. It's kinda building a bull run. I usually do them as soon as we test key support levels like the 0.00125 we did in the last thirty minutes Ha ha. Great strategy. Lovely to have the capital to do it. Good timing too. The wicks of the previous two candles make a bullish order look plausible. Ahh it's called an elasticity test. When the market looks strained you put a bit of pressure on it one way and see if it pulls back. It's kind of necessary in situations like these, gives me a good indicator on the strength of a recovery and ultimately whether to dump or not, plus I've timed it pretty well to give the charts a sense of recovery, if it fails then there is little strength and the chance of the downward trend continuing is extremely high. I'm gonna pull it a few more times then go for this swim. Pool doesn't open for another ten minutes so might aswell use this time wisely. If the next couple of candles on the 30m chart don't assume a recovery I strongly suggest everybody dumps before I do. Also, to add, most of the other whales out there don't check this forum, they will be sitting either in an office or there homes with four screens running every indicator they have. And I've just thrown them all out of wack. Might cause them to get jumpy and rebuy. Lets see what happens. Good luck people. Fascinating. It must be a lot easier when you don't have to rely purely on chart patterns. Being able to physically test the market is amazing. I discovered a fun strategy during an especially quiet time on Bitfinex. I'd put in a miniscule sell in the first second of a candle to start it low, and then keep it bullish with miniscule buys at opportune times. The chart comes out bullish with minimal expense. Not that the gains were especially meaningful in a market as quiet as that, but it's a nice way to reduce ambiguity on a chart. Yea. Manipulating charts isn't too hard. I do it at times like these throw off other whales and see how they would react to changing circumstances. Things like this occasionally trigger recoveries but I must say its looking like a futile attempt Anyways, That's a nice strategy, shows you can do it with even the smallest of amounts. Hahaha its kinda worrying considering I spent most my time reading charts, people like you make my life a nightmare Ha ha! Sorry man. If I feel the urge to do it to XC I'll let you know. But I don't think it's doable with tiny amounts unless the market is really quiet. So often it's necessary to push through a bit of resistance to get the candle to look bullish, and that would take more funds. Also it's impossible to do when some stupid bot is selling 0.004 BTC every second. Edit: would my strategy change things for you though? I mean, if it's on the chart, it's real, and so everyone responds accordingly. So your chart-reading would remain on course. |
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You guys wanna see something fun?
I'm gonna test the strength of a possible recovery and buy up a few thousand after I make this post. Hopefully it'll start a bull run up and a recovery, if it doesn't, were gonna break through 0.00125 without a doubt
Things like this are necessary to test the strength of a market. Lets see what happens
Was that 2977.48 order yours? That and a few others I've been putting in over the last twenty minutes. It's kinda building a bull run. I usually do them as soon as we test key support levels like the 0.00125 we did in the last thirty minutes Ha ha. Great strategy. Lovely to have the capital to do it. Good timing too. The wicks of the previous two candles make a bullish order look plausible. Ahh it's called an elasticity test. When the market looks strained you put a bit of pressure on it one way and see if it pulls back. It's kind of necessary in situations like these, gives me a good indicator on the strength of a recovery and ultimately whether to dump or not, plus I've timed it pretty well to give the charts a sense of recovery, if it fails then there is little strength and the chance of the downward trend continuing is extremely high. I'm gonna pull it a few more times then go for this swim. Pool doesn't open for another ten minutes so might aswell use this time wisely. If the next couple of candles on the 30m chart don't assume a recovery I strongly suggest everybody dumps before I do. Good luck people. Fascinating. It must be a lot easier when you don't have to rely purely on chart patterns. Being able to physically test the market is amazing. I discovered a fun strategy during an especially quiet time on Bitfinex. I'd put in a miniscule sell in the first second of a candle to start it low, and then keep it bullish with miniscule buys at opportune times. The chart comes out bullish with minimal expense. Not that the gains were especially meaningful in a market as quiet as that, but it's a nice way to reduce ambiguity on a chart. |
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You guys wanna see something fun?
I'm gonna test the strength of a possible recovery and buy up a few thousand after I make this post. Hopefully it'll start a bull run up and a recovery, if it doesn't, were gonna break through 0.00125 without a doubt
Things like this are necessary to test the strength of a market. Lets see what happens
Was that 2977.48 order yours? That and a few others I've been putting in over the last twenty minutes. It's kinda building a bull run. I usually do them as soon as we test key support levels like the 0.00125 we did in the last thirty minutes Ha ha. Great strategy. Lovely to have the capital to do it. Good timing too. The wicks of the previous two candles make a bullish order look plausible. Ahh it's called an elasticity test. When the market looks strained you put a bit of pressure on it one way and see if it pulls back. It's kind of necessary in situations like these, gives me a good indicator on the strength of a recovery and ultimately whether to dump or not, plus I've timed it pretty well to give the charts a sense of recovery, if it fails then there is little strength and the chance of the downward trend continuing is extremely high. I'm gonna pull it a few more times then go for this swim. Pool doesn't open for another ten minutes so might aswell use this time wisely. If the next couple of candles on the 30m chart don't assume a recovery I strongly suggest everybody dumps before I do. Good luck people. Fascinating. It must be a lot easier when you don't have to rely purely on chart patterns. Being able to physically test the market is amazing. |
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You guys wanna see something fun?
I'm gonna test the strength of a possible recovery and buy up a few thousand after I make this post. Hopefully it'll start a bull run up and a recovery, if it doesn't, were gonna break through 0.00125 without a doubt
Things like this are necessary to test the strength of a market. Lets see what happens
Was that 2977.48 order yours? That and a few others I've been putting in over the last twenty minutes. It's kinda building a bull run. I usually do them as soon as we test key support levels like the 0.00125 we did in the last thirty minutes Ha ha. Great strategy. Lovely to have the capital to do it. Good timing too. The wicks of the previous two candles make a bullish order look plausible. |
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You guys wanna see something fun?
I'm gonna test the strength of a possible recovery and buy up a few thousand after I make this post. Hopefully it'll start a bull run up and a recovery, if it doesn't, were gonna break through 0.00125 without a doubt
Things like this are necessary to test the strength of a market. Lets see what happens
Was that 2977.48 order yours? |
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We'd need to get Alpharisc to state it for the scenario he foresees for XC. But the problem in general concerns two "rationally self-interested" prisoners who (a) get out of jail if one betrays the other prisoner, (b) get a longer sentence if both prisoners betray each other, or (c) get a shorter sentence if neither of them betray the other.
Edit: the idea is that it's rational to betray the other prisoner. However things get more complicated in the iterative version of the dilemma: prisoners get to repeatedly choose to betray or not betray one another. Alpharisc, to my mind this plays into the hands of a WOT model as long as it's combined with a means of punishment. What's your view?
Ok I think I see. The node holders need to decide whether they betray (and take coins)?? Yup, I presume Alpharisc anticipates something like that. But I wouldn't want to put words in his mouth. He would need to state the scenario - if not with rigour then we'd have to build up a rigorous account of the problem (if it is a problem) through conversation - after which we'd be able to present it to the dev and improve the coin. THIS is what these forums are for. How I wish they were employed appropriately. |
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We'd need to get Alpharisc to state it for the scenario he foresees for XC. But the problem in general concerns two "rationally self-interested" prisoners who (a) get out of jail if one betrays the other prisoner, (b) get a longer sentence if both prisoners betray each other, or (c) get a shorter sentence if neither of them betray the other.
Edit: the idea is that it's rational to betray the other prisoner. However things get more complicated in the iterative version of the dilemma: prisoners get to repeatedly choose to betray or not betray one another. Alpharisc, to my mind this plays into the hands of a WOT model as long as it's combined with a means of punishment. What's your view?
Ok I think I see. The node holders need to decide whether they betray (and take coins)?? Yup, I presume Alpharisc anticipates something like that. But I wouldn't want to put words in his mouth. He would need to state the scenario - if not with rigour then we'd have to build up a rigorous account of the problem (if it is a problem) through conversation - after which we'd be able to present it to the dev and improve the coin. |
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Any such 'dynamic trust system' seems vulnerable to the iterated prisoners dilemma by design. The goal of any blockchain based currency is fully trustless transactions. That's the entire killer app of bitcoin and bitcoin like systems. 'Dynamic trust models' represent a clear problem that has been *long* known about in the literature. People should not keep deferring to somebodies resume to assume infallibility. Just because someone is obviously very smart does not mean they are not prone to attempting to 're-invent the wheel' without reference to fields they are not perhaps as familiar with. http://en.wikipedia.org/wiki/Prisoner's_dilemma#The_iterated_prisoners.27_dilemmaGreat to see some argumentation given. Nothing more refreshing after the trollriver. I'm very keen to hear you out. For clarity in conversation, can you state exactly how the prisoners' dilemma plays out here? I'm aware of the nature of the scenario, but it's seldom applied in the purely standard way. We'd need to get Alpharisc to state it for the scenario he foresees for XC. But the problem in general concerns two "rationally self-interested" prisoners who (a) get out of jail if one betrays the other prisoner, (b) get a longer sentence if both prisoners betray each other, or (c) get a shorter sentence if neither of them betray the other. Edit: the idea is that it's rational to betray the other prisoner. However things get more complicated in the iterative version of the dilemma: prisoners get to repeatedly choose to betray or not betray one another. Alpharisc, to my mind this plays into the hands of a WOT model as long as it's combined with a means of punishment. What's your view? Alpharisc, you still there? Damn, there I was getting excited for a real live intellectual conversation. |
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Wow. Glad I woke up. Looks like we're going to test 0.001225 again, probably rebound @ 0.001. If we fall through 0.001 then I suggest everyone gets their buy orders in above 0.00075, anything lower than that is crazy.
I agree that it's trying to retest. At first glance there is about 100btc of buy support between 12 and 125. Yea. Problem is I don't think even if we rebound off of 0.0012 range we will last that long, I think we will keep retesting it until we break through. And It is only 100BTC. I've got 80k coins left that might have to go, will prob then rebuy @ 0.001. Lets wait for this bull trap to finish then ill decide Thanks for the advance warning. Hanging out here with the trolls has some benefits. Lol no worries. I feel kinda sorry for all the small holders who get caught up in whale games, always good to give them a headsup, makes me feel a little bit better at the end of the day. Thanks man. Keep going and a few of us might learn to anticipate the odd whale. (But alas, I think emotion will prevail on the whole.) Ahhh best thing to do is just take a break. Step back for a while. Like I'm gonna go for a quick swim, take a breather, clear my head and come back in a bit, this is going to go on for another few hours anyways. Indeed. I learnt that one the horrible way. Trading fatigued or stressed is idiocy. |
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