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haha paypal..
Shitty service IMO
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So might be a bit of a noob question but Im wondering - whats the purpose of placing a buy or sell order in advance? (or a sell order).
For example: the price is at say $14. You place a sell order @ $14.50. But why do this if you think maybe the price is going to jump to $15? This will only mean you have to buy back at a higher price if the price doesnt fall back below $14.50 right? Why not hold your $$ and wait for the price to hit $15, then sell when you get an indicator is going to drop again?? IMO it could go higher = more profit when you sell??
I'm wondering if the reasoning here is that the price may go to $15 but will then fall back to say $14.30 (at least temporarily) so you can then buy back @ $14.30 and watch the price jump back to $15 - is this the logic behind this?
Same with placing a buy order below the current price. Why not buy at the current price if you think the price is going to go up?
Cheers
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Yea looks like the worm turned about 3 hours ago and I missed it  |
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Because the decimal point can be shifted there will always be enough Bitcoins.
And your right, Bitcoins and computers and alcohol dont mix. On this point I'm reminded of the old analogy - 'garbage in, garbage out'.
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Having watched the commercial you obviously have to try and fit in as much info into 30 seconds as you can so this limits you a bit. So perhaps you could continue to run this ad but I suggest you run a 'Part 2' and maybe a 'Part 3' that expands on the first ad for those that have seen it. With the new ads you could elaborate a bit more on the concept. This way your still reaping extra benefits from the 1st ad from those people that have already seen it by exposing them to the 2nd and 3rd ad, as well as garnering new interest by running them in rotation. Maybe you could also add a few URL's to the ad's as well, even if their only flashed up on the screen for a few seconds.
I commend your efforts btw. It's people such as yourself that make Bitcoins what it is today, and what it will become.
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Right now the daily model does not produce an output that is more predictive than the previous day's price.
Human emotion is a difficult thing to predict |
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The charts for Mt. Gox don't seem to be updating  no, been offline for a while |
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300 BTC standing between current price and $13.95...
GeniuSxBoY can you flip us a coin or 2?
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$14 is a challenge at the moment, but with some recent publicity we might have nice little rally somewhere next week
There's about 10k of BTC bids standing between $13 and $14 and only 2K of BTC asks |
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i smell something brewing
mtgox's left side visible orders have +520k dollars put on the table while selling side has coins worth of +480k dollars, doesn't necessary mean anything, but left side has been increasing steady past couple of days
$15 here we come? |
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OP has done this before. He hasn't been here that long, yet his post count and name suggest he's old school and knows what he's talking about. Maybe he is and this is all bullshit to entice a panic. Guy predicted doomsday not too long ago. I almost bought it then. I'm not buying it now. He's hoping you all sell and buy back in. Just hold.
Dude it's a speculation forum. Take a chill pill and go play with your dog or something.. |
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I mined for 2 days @ 640 MHash/s and found nothing. Oh well, hopefully that means my lucks about to change.
Perhaps I should go buy a lotto ticket..
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Yea thats what they call 'solid' trading  |
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Good support at 13.62. The price is not dropping.
Yea just noticed that looking at market depth. Dumpings over ladies and gents. Continue as you were. Btw, has anyone noticed the number of trades going on over the last hour or so? It seems unusually high. Wondering if European transfers to Gox are finally taking effect? |
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Did it drop ten cents?
Yea it did actually then stopped LOL What say you guys? Time to buy back in? |
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Right on cue..
Any wagers as to what the price is going to drop to this weekend?
I'm predicting low $12's...perhaps a tad under $12...
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