I usually agree but I say for now this is as low as the price can go.
Too many people are willing to buy.
We will probably not see 200 again anytime soon.
you have any data to back that up? imo longs starts to squeeze after 200-215 so if that fails to hold, then we go deep, question is does it brake now or after bounce not so much if  |
|
|
|
I almost placed a 3x leveraged short at 229$, but was too lazy to press the margin sell button.
Thought I had time until tomorrow to reach 229$, but now I'll have to wait a bit and see how this situation develops.
scared No, not scared, this was before the crazy BTC-E pump. I expected a small rise reaching about 230$ today, so at that time I had no reason to be scared. If I wouldn't have been lazy (by delaying placing the short limit order for the next day), yes I would have been scared when seeing the crazy pump. I still don't understand the BTC-E pump, need more time to see the follow-up, and am now waiting for a new low risk entry for my planned short. aah ok  i was a bit scared too during the btc-e pump but shorted still a bit |
|
|
|
|
i would be fine with that, best would be a system where it is not possible to cheat
|
|
|
|
I almost placed a 3x leveraged short at 229$, but was too lazy to press the margin sell button.
Thought I had time until tomorrow to reach 229$, but now I'll have to wait a bit and see how this situation develops.
scared |
|
|
|
There are a lot of player, almost everybody, in red if we accept him back with a little penalty and no dismiss, it will be more convenient for someone to cheat then to play regularly, that could be the end of the game in my opinion
the red you are referring to is not a penalty of some sort (or has anything to do with activity check) it's just how they did in the game. Did they make any profit or not? it is important not make cheating as viable option, imo if not complete kick then at least hefty penalty as something like 50% from your stack or 6 months off the game |
|
|
|
The official spreadsheet is now finally updated!  Please use the original link on the first post of this thread to refer to the current ranking from now on. This is the current podium:  Congrats to h3speros for being #1 with a huge lead on the rest of us. I am going to try my best to kick you off.  This is getting too crazy now, I'm selling.
SELL @ 233.87
good sell, lets see how good you buy |
|
|
|
Oh what the hell, I think capitulation is imminent but not as long as there over 32k BTC sitting in shorts. So I'm buying @ $219.87
If the price capitulate, 32k will be not so much  But price is not going to capitulate with shorts at an all time high, I just don't see sellers giving 32k+ shorts a free ride right now. Gonna scare and squeeze them a bit first. I don't trust shorts that much, there was high amount of shorts before last big long squeeze too (before $166) We could bounce a bit higher still, but the risk that floor vanishes is quite high atm |
|
|
|
Buy @ 225.89
Come on bro, not cool. It's just a silly game. did he delete his post after dumps? if so then i would suggest that he will be kicked from the game, we have to have zero tolerance for cheaters |
|
|
|
ITT people see what they want see...
I'm leaning towards 'more downside' as well (expecting to see sub-200 again, for example), but you'll note that luc didn't say "New lower low incoming", but rather "Further price collapse is possible, but not required".
Also, prices an order of magnitude lower than current price (i.e. ryn's myself chart) are pretty unlikely in my opinion, unless catastrophic protocol failure or "global crypto ban" happens. It took more than a year for price to deflate 75% (as measured by a 20 day average), and we're already showing signs of selling exhaustion, so I wouldn't bet much on pre-2013 prices.
a) 208 not hit (yet?). Keep the salivation reflex in control b) Even then, still missing what luc's main point was. Relevant parts again: 1. Further price collapse is possible, but not required, and 2. Very fucking long "silence phase" (after final collapse) My reply was for the bolded parts of your reply. Imo you read luc posts with a bit too strong bull classes. Luc could comment, but my interpretation from example H&S pattern that luc has showed also, is that luc thinks that new LL <166 is likely. We could see capitulation <100 then upper weekly BB then "very fucking long silent phase" at middle weekly BB. |
|
|
|
ITT people see what they want see...
I'm leaning towards 'more downside' as well (expecting to see sub-200 again, for example), but you'll note that luc didn't say "New lower low incoming", but rather "Further price collapse is possible, but not required".
Also, prices an order of magnitude lower than current price (i.e. ryn's myself chart) are pretty unlikely in my opinion, unless catastrophic protocol failure or "global crypto ban" happens. It took more than a year for price to deflate 75% (as measured by a 20 day average), and we're already showing signs of selling exhaustion, so I wouldn't bet much on pre-2013 prices.
|
|
|
|
No EW whatsoever. Sue me - Price action since last week, while not exactly impulsive, differs from e.g. the December breakdown in that there seems to be less panic. Mildly bullish. - Volume of the latest move on daily (~1 week) supports further downtrend through. - Bid/Ask on BS and BF holding up so far, recovering even. - Strongest case for the bears (imo): mid term momentum (~50 days on regular MA) is broken, which meant further price decline all throughout 2014. - Case for the bulls: daily (bullish) divergence on MACD hist. We'll find out if only "delays the inevitable" (i.e. breakdown), or if we're finding support here (i.e. above 200). I lean towards the former (perhaps brief touch of ~240, then back to 210-220 and lower), but I'm not entirely ruling out a bullish scenario either.  And i would dismiss MACD histograms div, but that is just me. If we close above daily SMA20, MACD goes above zero, RSI goes above 50, then we could continue our correction from 166 bottom a bit more higher, but that doesn't mean that THE bottom/capitulation would be in. EDIT: Otherwise/likely we are bleeding until (maybe final) capitulation. |
|
|
|
|
Hey Miz4r, if you have time and energy would you like to do us another excel with updated scores?
|
|
|
|
its only fair that he gives us a chance. oy, H3speros, wait up! sell 244.15
my last trade is 15 days old (when we see an update?) sell at 244.15, so my balance is 244.15 x 0.48674 = 118.837571 USD |
|
|
|
update is taking a long time again. i'm busy at the moment. Sorry guys. But keep trading. I'll try to update to update tomorrow, if not, it ill probably happen on monday. Sorry again for the delay.
I think here was some poster who was offering help so that if you are unable to update in time? |
|
|
|
|
Show Posts
