deliberate speed
$19 in 10 hours. And here I am bored out of my mind... dude, the 8 hours prior to the immediate past 2 hrs is a totally different story, just look at the past 2 hrs LOL. I would go insane watching the market like that. |
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I still don't understand why this is perceived as bad news.  |
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deliberate speed
$19 in 10 hours. And here I am bored out of my mind... |
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You still can use 4x margin so even if it is not true, you can make 10k wall with 2.5k btc.
Nothing wrong with that -- could end with massive short squeeze.  Only those who were grandfathered in can do 4x. Some get 2.5x, new users get 2x. You'd have to be insane to full leverage at 4x in this market.... |
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Bitfinex allow poeple to post walls without the funds to back them, when poeple buy into them they crumble insently do not pay any attention Bitfinex's order book. 59.99%Is this true? I heard this problem was fixed some time ago. Not saying they're real, though... they're not. |
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I'm uneasy about those ask walls on BFX totaling like 10k+ btc from $693-705...
LOL Bitfinex. Almost 14k to 705. Just shorts trying to scare the market down and keep BFX from driving Stamp up. What I'd like to know is if the 700 walls are real on Stamp. Short 690-695 / Stop 703 looks pretty tasty right now. But it might just get yanked and lose me a quick $1k (+ slippage when all the BFX walls get yanked)... Either way, starting to feel like we need to push up a bit before any break to the downside. No one selling into support at these levels. But on a failed retest to the upside? $13 million in BFX longs and all the bagholders from $700+ on the 3/3 spike may start feeling the squeeze then. It's a roller coaster!  |
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But aside from that, yep, I am generally bullish. I have staggered buy-ins between $580 - $630. If these orders drop, then depending on how things shape up, I may just consider holding onto those through thick n thin, perhaps only dropping them at clear parabolic blow-offs as and when they come along. It seems that I am good at gauging trends, but tend to cut my own throat when it comes to trading. i.e. a big pile of coin bought at $480 BTC that I sold at $550 (2 minutes before 6K of buying pushed Bitcoin to $570), followed by a mixed bag of good n shit trades (but mostly shit). Had I just held, then I would have a great big cheesey grin on my face just now and have endured none of the headaches and 5 times the profits....of course, all very well saying that with hindsight.
In short, I have no plans or strategies but unlike the whole of Dec, Jan, and Feb, I just no longer feel any great fear towards Bitcoin. At this point in time, I feel from here out Bitcoin is generally a good bet, give or take the odd $100 negative/positive swing or two. I don't buy any of the persisting scare stories of macro down trends still being in place and lower lows being just around the corner for Bitcoin. For me, the bottom has happened (for now) and the reversal is in the process of defining itself.
Exactly.  But I can respect that position. To each his own. |
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Let's see if this dumping on Huobi leads anywhere....  |
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It's not my fault Slovenia is small and unimportant. What worries me is that it's an economic basket case, which makes funds there vulnerable. I live in Cajun Louisiana and I've lived in Mexico. It still shocks me how inept Catholics are at balancing a checkbook. There is a cultural tolerance for corruption rarely found in Protestant countries. I assume Orthodox countries are even worse.
You are like the biggest assclown in the world. |
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I think we see one more push towards $700. It won't break. Then we realize some of this downside pressure...
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WTF everybody [...] hail Stamp... And now its bullshit code?
Yes, and it has been like this for quite some time. This is how coins go "missing". If they cannot even get a trading engine working correctly (even gox was able to do this, their engine was slow but at least it was correct and deterministic) then I would not trust them with any significant amount of money. Yep. I left Stamp a while ago because of their shit trade engine. Get fucked hard on a perfect entry once or twice and BTC-E starts looking pretty fucking good. |
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Never saw 5-wave decline. More and more leaning towards something like this:  Bounce and close above momental channel ~ 620-630 and I lean towards trend reversal. But the bull case is on shaky footing as is. Edit: Divergences.  |
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What is the best candle chart out there right now aside from BitcoinWisdom (which won't load for me these days)?
bitcoinity is frustrating the hell out of me.
When Wisdom is down, I have to depend on TradingView, which has its shortcomings. Bitcoinity is unbearable and does nothing for me. |
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Two trends to break:  |
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Won't lie, this shit caught me off guard. Fortunately I stopped shorting the down trend ~ a week ago. Unfortunately only loaded up 60% from $450-520 and sold half near $600. Now I'm just in shock... At the end of the day, I start "losing coins" > $1600 -- let's slow down a bit..... Lot of us were caught off guard here. That's why I don't feel comfortable yet though I'm like 90% BTC now. Not many people bought lot of coins early today and if that whale(s) decide to dump, there's going to be blood. Agreed, cautious here. Watched this all unfold overnight and to be honest, the bidwall-driven movement from $550s gives this rise an inorganic feel... Time for another short?
Tempted.... we did pull back as we approached the next two down trend lines, may be time to find that long-awaited correction from the $400 bottom.... |
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Won't lie, this shit caught me off guard. Fortunately I stopped shorting the down trend ~ a week ago. Unfortunately only loaded up 60% from $450-520 and sold half near $600. Now I'm just in shock... At the end of the day, I start "losing coins" > $1600 -- let's slow down a bit..... |
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I see 16.5 mil bid depth on stamp. Wasn't there nearly 21 mil less than an hour ago?
That means that the 12.5 million ask depth is down to 8 million now? Given the change from 25/42 to 16/33 means that 5:8 excess bid has become 1:2 excess bid, roundly, price should rise now, about 12% LOL, dude that is fucking hilarious. |
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I see 16.5 mil bid depth on stamp. Wasn't there nearly 21 mil less than an hour ago?
That means that the 12.5 million ask depth is down to 8 million now?  |
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1500 bid wall at $563. Hmmm.
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