so what is the word?
what is actually going on now?
I am taking over the site, I have finished transferring the files over to my server and I am will be in the process of performing an audit this weekend. I will keep people updated on my progress. It is going to be slow and painful. So when are you going to start accepting deposits and start the bot? Hopefully when the audit is gone and done.  So what time frame a couple of days, a couple of weeks or over a month  I am the not owner of the site... just commenting that there shouldnt be a hard time frame... it should be dependent on when its ready. |
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so what is the word?
what is actually going on now?
I am taking over the site, I have finished transferring the files over to my server and I am will be in the process of performing an audit this weekend. I will keep people updated on my progress. It is going to be slow and painful. So when are you going to start accepting deposits and start the bot? Hopefully when the audit is gone and done. |
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Thanks for your great perspective. I agree with you that fighting the trend is not often warranted. But it is exactly because of that that I went short. All key markets remain WAY BELOW their all time highs and most markets remain below the 2007 highs and also most are even still below the 2011 highs. The decade long trend is down and hence this short is with the trend long term.
But you are right on the mid and short term. The trend is up unless proven otherwise. The next 5 trading days will likely tell more. Probably even tomorrow is a big turn day.
Its very hard for me to think in that long of a time frame... In BTC time long is anything over 1 year... In the stock market a long time frame can be decades. It is especially difficult because I had no knowledge of, or interest in, major market indices before ~6 months ago. What key markets still below the 2011 highs? |
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this will definitely be interesting. nice intraday reversal on high volume.  You sure its not profit taking after 5 up days and a new all time 600 high? |
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so what is the word?
what is actually going on now?
It is going to be slow and painful. Understatement. Good on you for being open and honest with the situation... the first step to a problem is to admit it's size and scope. I look forward to actually considering using bitscalper in the future.  |
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No worries. I have nothing to hide.
As you can see , I outlined two options. The market decided for the second option, but I still favor the bearish resolution from current levels up to 1353 DOWN. And this option remains valid as long at 1370 holds.
I am 90% convinced that we will see at least a strong top pattern this week.
Net a tradable scenario can be to short 1340-1352 with a stop above 1370.
EDIT: Above 1370 is bullish with some more upside, before eventually the crash arrives. This will not invalidate it, just delay the crash. Target remains below 500 for the S&P500
SaP kissed 1399 today. Have you gotten out of your shorts? Have you gone long?
Thanks for keep tracking those trades, keeps me alert. My stop is 1447. Target below 500. Im honestly just curious... I am just starting out watching markets, BTC is actually the first market I ever watched. To my inexperienced eyes the bears lost control when the DJI closed strongly above 13000 this week. If the S&P can finish strong this week... I would go long for the next few months. Edit: BTW I think your short is a good idea... the stock market is WAY over pumped... but what little I have learned in BTC tells me to not fight against the market. The market doesnt care what you think. Your short position will have its day in the sun someday soon though. |
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Im addicted to the daily updates... I NEED MY FIX  |
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a phone tablet combo.
I have been asking for this for YEARS. Sounds like the perfect device to me. But, everyone tells me a tablet sized device would be to big and awkward to hold to your face... I dont think I'd mind. Im talking about ~7" BTW |
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How low do you think we will go between now and Monday next week?
Im hoping it doesnt go any lower so Ill probably be the first one to be wrong...
Low target for rest of the week = $5.25
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Sorry I haven't been on latley. I was having some trouble with shipping the xbox 360's but now there all shipped. Who ever wants to buy PM me!  You just got another PM from me. |
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Guys just send me all your Bitcoins and Ill arbitrate the hell out of them for you...
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Next target $5.58 then the MOON I wonder how that daily RSI is doing... |
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You talk about the hourly 200 sma being at $5.20... when I chart the hourly 200 sma I see ~$4.95... am I doing it wrong or was there a typo?
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uh ok.. I don't see it..
the M1,M2,M3(if they still reported it), the National debt are all rising.. The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..
Consumable commodity neccessities are all rising in price..
Where is the evidence of this emminent deflation?
This is relevant to my interests as well. |
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No worries. I have nothing to hide.
As you can see , I outlined two options. The market decided for the second option, but I still favor the bearish resolution from current levels up to 1353 DOWN. And this option remains valid as long at 1370 holds.
I am 90% convinced that we will see at least a strong top pattern this week.
Net a tradable scenario can be to short 1340-1352 with a stop above 1370.
EDIT: Above 1370 is bullish with some more upside, before eventually the crash arrives. This will not invalidate it, just delay the crash. Target remains below 500 for the S&P500
SaP kissed 1399 today. Have you gotten out of your shorts? Have you gone long? |
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Can someone be a third party escrow for me too?
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In case you didn't notice, we have already sent out compensations of $0.80 per BTC for all liquidated short positions. You can check your ledger for that.
My short of 4.xx BTC leveraged up to -35 BTC was liquidated and I do not see any deposits into my account. Settlement @ 4.3854 20.4198 -2.6243 13 Mar 11:30 Position #10824 swap 0.0971 -23.0441 13 Mar 11:30 Position #10824 liquidated @ 5.4703 (Forced) 23.3368 -23.1412 13 Mar 11:30 Is that what the settlement is? Im confused??? |
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Shit happens sometimes. And yes, i deleted the table accidentally.
LOL |
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New feature - recent sales: - range from 1 to 60 minutes since last trade - to change time range use "sales range" slider - bold line will show you where oldest sales end - to see sales in specific time range just drag'n'drop as usual on trades line And little info about MtGox live api status. Today just after big up all connection was gone. Then all back to life after hour. And to this time number of connections is getting lower. Currently 30% peoples got mtgox live connection, all other use my socket "echo" service. I hope this don't drop to 0 Also after big up Mr. Power-of-two was messing today with orderbook (this time ask side). BTCCharts is still refreshing from http api every minute so his effort is quite useless MtGox is still is saying there's no problem. edit: ok, and mtgox live api connection is back for everyone So good... you combined all the best parts of the other charting services I used to use |
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