Wasn't as bad as I first thought.. But yes, trading drunk you get trigger happy..  Well it wasn't that bad of a plan. Saw the drop starting and liquidated my long at 4,25ish on bitcoinica, but wasn't thinking clearly due to being intoxicated and used a market order instead of limit order. It went through for 4,04 total. Wanted to buy back in at 3,90, which was quite a nice call, but of course the spread screwed me over, so I'm still left with USD. Oh well. My own fault. Don't trade when intoxicated, and don't try to profit of these kind of swings with those insane spreads on Bitcoinica when things are moving  Not going to start any positions now, I'll wait till I'm sober again ^^ A couple of months back I came in from a night out, the price was climbing slowly, I decided to buy 100 bitcoins, put in a bid at the same price as the next highest bid, I then drunkenly put in an ask... at the same price, I bought my own bitcoins... and paid commission twice  |
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Today I made $782... Thanks santa Also just realised I bought 100BTC on tradehill at 2.8 at some point  ... fuckin tradehill eh? What do you mean? Do you mean you had an order execute last night on Tradehill for $2.80? Or are you saying you forgot you had an order on Tradhill from a month ago that executed? Either way, rock on! Dec. 16, 2011, 5:12 a.m. Had the order in probably since the 10th (last time it was down that low), but just saw it now, tryna sell it now at 4.35, thats the sell point i made the money off on mtgox today too. Also just lookin at the charts for Dec 16th, i probably even got lucky buying that low.... veeeery bottom of the barrel, probably very few trades executed below that 2.8 on that day. |
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Today I made $782... Thanks santa Also just realised I bought 100BTC on tradehill at 2.8 at some point ... fuckin tradehill eh? |
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4.25 is next target... fyi +1 |
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Just watched it on clark moody  impressive stuff |
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Guys he has made 11 posts, he must be right So, how does this work? Am I three times as right as you when I write something, or are we always right after a certain amount of posts? it was just a joke guys, it doesnt matter how many posts he's made. I just meant that his theory is clearly wrong, all trades up to 12 were not fullfilled, nor up to 15, nor even 10. The price today hasnt gone above 7, until maybe now. anything above 7 was just a stupid mtgox error. and extreemly annoying stupid mtgox error. |
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Guys he has made 11 posts, he must be right |
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Another HUGE spike. Just had an order fill to buy at 4.80
Didn't happen, LIES?!  I have a trade at over 6, exceuted 30 seconds after that, there was deffinetly no drop, I however had a buy order in at 4.89 similtaniously which did not get filled. So gox is up to its old tricks of selectively filling random orders, so the data is correct, trades are being executed at these ridiculous prices randomly, thus defeating the point of the exchange. Mark Karpeles, Take responsibility. |
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Another HUGE spike. Just had an order fill to buy at 4.80
Didn't happen, LIES?! |
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Not exactly a quick response to something that should have halted the market within minutes.
Yup, i was being sarcastic. I agree completely with everything you said. |
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What do you mean?
Yeah trading seemed to completly stop there for about 2 minutes. Thought it might have been Mt.Gox intervening |
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Trading seems to have come to a halt. Quick response by Mt.Gox there.
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WTF? now its showing multiple spikes over 8, the price hasnt gone above 6 in the past few mins, mtgox needs to go down for maintenance now!
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I had a sell order at around 7 when the spike to 15 showed up. Didn't get filled. Bug.
Thank you! |
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Somethings wrong here? It did not spike to 16?
It's bitcoin! The numbers are madeup! I guess we're just being goxed again... also i dont think theres anything to wind back, that high at both 9 and 15 seem like invalid data, theres no volume to show that trades were executed at these prices |
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Somethings wrong here? It did not spike to 16?
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Here is why you need to use the log chart:
(d/dx) log x = dx / x
Now, what is dx / x. Well that is the change in x over x. If we move from continuous time (derivatives) to a discrete time interpretation, then it's analogous to (x2 - x1) / x1 (ie. percentage change). Log charts show percentage change.
Why percentage change?
Well, would you rather have your investment go from 5 to 10 or from 10 to 20? Obviously they are both the same, you double your money. A log chart would show a change from 5 to 10 to 20 as a straight line which is what you'd want. A linear chart would make it look as if they price had grown exponentially.
+1 Its amazing how many people take it on face value that log charts are "better" without understanding why let alone what a log scale is. Thanks BTC Economist |
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People are pussies for not buying... you're not buying... you are a pussy
I think you missed something in my original post Randy. I didnt miss anything buddy, i think you misunderstand supply and demand. haploid23 expanded on my fairly crude statement with his post. You bought alot, and now you want to sell. Nobody is buying because they all want to sell too. You're all in the same boat, if you're calling them pussies, then you're calling yourself a pussy too. |
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People are pussies for not buying... you're not buying... you are a pussy
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From my Mt Gox Trade Page: Your trading volume for the past 30 days is X BTC. If it reaches Y BTC, your trading fee will be Z %. Was there an announcement about this that I missed? I'd like to know what rates will be applied for what trading volumes. Thanks |
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