Is that a three headed hippo?


Stopped using them because I always got it wrong.  Instead I chase the price downwards with a scale out of stop losses.  So let the market make the decision.  Its the JJG School of Shorting^TM, gradually sell on the way down and then gradually buy on the way back up.

Have tripled down. Wish me luck.

It will shout it from the roof tops.  This is what we want.

No but details of your trading, drinking and whoring are welcome

Edit:  also favourite recipes

That’s what we like to see.  Fighting words.  And drinking words.

Yesssss finally goddammit !

So we going to start swapping recipes bitches?

Yes I agree.  It is like final capitulation should happen in the next 7 days.  But everyone is way the fuck too cheerful and Bitcoin isn't dying and new ICOs are being planned and its only early December and its just business as usual. Where are the four horse riders?  Is the scythe still in the garden shed? Hmmmm.  

Whole Thai snapper
Beef bourguignon from Larousse
Most Jamie Oliver however 30 minute meals are a lie unless you are an octopus on adderall


Eh I could but not really my thing


FAKE NEWS

Hey how about him cooking?  I’m a fucking awesome cook. 

Sorry thought it was new content - didn’t look closely enough at the charted ‘current’ price level.  

In any event closely aligned with my current thinking and still relevant. Largest concern is a lack of “bitcoin is dead” newspaper headlines at this part of the cycle, and the fact that the price is down a bit further than it should be for early December.

Yeah I eventually gave up and reopened short.  Doesn't look like Badger wants to come out of his nice cosy burrow today.  

Physical meaning not synthetic (eg not options or futures).

Interesting how perceptions vary

I view Bitstamp as the only honest exchange in the ecosystem.  I think a lot of OG whales there.  And they only trade physical so no bullshit about the price being pushed around by leverage (short or long). 

Expect plenty of cash sitting in accounts which are not in open orders. Hence how they can seem to have limitless cash with thin books.  Or maybe iceberg orders I dunno. 

That is hilarious.  And possibly true. 

Hmmm Bitmex trading at a $6 - 12 premium to Bitstamp.  Normally it is under Bitstamp by $8 - 10. Longs must be going nuts.  Poor fools. 

Thanks good point. Link fixed

Have moved my buy orders up.  Capitulation is close. I can smell it.

Anything under $3k is good buying imho.

Please ruffle more feathers.  It’s better than whinging about the price!

I refill my short in the high 4K and worry a bit when it hits $5k. Then hit a lot of physical limit orders on the way down and then scramble to the bank when it drops under my last limit order in the $500s.