Uh why are we sub 90 again? I walked away for about 24 hours now I see high 104 and we are at 90. WTF?
How dare you to walk away from bitcoin? I'm sort of on vacation...
|
|
|
Uh why are we sub 90 again? I walked away for about 24 hours now I see high 104 and we are at 90. WTF?
|
|
|
I do love the atmosphere in a bull market much more than I do the bear we're just so much more agreeable to each other I know, seriously. Plus we get to laugh at the bountiful supply of haters. They will still act like they were "right" until a new ath happens though, so I hope to get the best laugh in like january or sometime. As lomg as its before i graduate i'll be happy. I have a serious gloating deficeit.
|
|
|
Seems to be an ever-so-slight bullish slant to the supply/demand curve, suprisingly, even if you extend your range over the $100 mark.
|
|
|
Price is falling. Thinking of moving my bids up from $60 to $80.
Probably wise unless you are prepared to wait out the next peak/trough which may still not get near $60. IMHO even $65 is unlikely again. One strategy is to ladder orders, say $73 to $82 with 1/10th size at each $1 increment. If the lowest ones don't get hit then repeat the process at the next retrace down. Well I already own some, so I'm not going to be like 'waaaaah, I missed an entire bubble.' So I'm not too rushed. However I've got a crapload of fiat sitting on Gox from selling during the second-crash (after the bounce after hitting $57) and withdrawing it costs an assload due to humongous wire fees, so eventually I'm going to need to buy Bitcoins with it. The real question is when. Which at the moment really isnt a question one can answer without significant BS, so I think i'm going to sit on my hands until I see if any new bitcoin businesses are actually forming after the bubble, or if we are just sitting on the floating businesses that were forming during the bubble but were just a bit late.
|
|
|
?
|
|
|
Price is falling. Thinking of moving my bids up from $60 to $80.
|
|
|
Well, to be fair, the slide was wayyyy too fast. We should be still around $100-ish if you ask me, because we're likely to continue sliding for several more months and there has to be room to fall. Moreover, this might be the bottom. Why? Because I put all my buy orders in at $60, and this bottomed out just high enough to screw me over.
|
|
|
One-hundredth of the way to over 9000. Unless you go in cents.
|
|
|
Im pretty sure everything just went up against the USD. The Bitcoin is essentially an uber-leveraged short USD trade when nothing weird like a bubble is going on.
|
|
|
Parabolic Sar is good a lot of the time, but much of the time its an epic fail.
Personally I'd say it should probably be in most strategies, but the sar in and of itself does not constitute a strategy. Sar will tell you potential direction switch, you need another indicator to confirm the direction switch and ensure that it will move far enough in that direction.
|
|
|
My opinion: Remove any sell orders you currently have. Don't place any new buy orders, until more becomes clear.
|
|
|
And as you can see, most of the dumbass are bullish according to the poll Wow, you really managed to really make yourself look like a dumbass now, didn't you.
|
|
|
5k buy wall for few seconds a minute ago.
at 77.5
It was live for exactly 67 seconds. is there a site that shows a history of previous walls? i didn't recognize that one on bitcoinity, but it's on my second monitor so perhaps i missed it. No... i have my own logs. it would be interesting to have charts that display the current wall situation at every time. market behaviour and patterns/strategies of manipulation could be analyzed very good in that way. as i'm not too gifted at maths (lasts for some basic trading ) i have no clue how one could illustrate such charts though. Not to be a douchebag, but isn't that what chartbuddy is doing already? Note: It looks as if its going to fall to ~$72.5.
|
|
|
Look on the news instead:
Great news from Africa: ... Good news from China: ... Good news for Bitcoin from Argentinia: ... Good news from Germany: ... Good news from UK: ... Promising news from the US: ...
But please refer to some TA to tell it may be a downtrend reversal.
Up we go again :3
TA: The current trend will continue until it stops. At that point a new trend will form. You'd be surprised how many people will get mad at you if you say that.
|
|
|
Nobody cares about news, its all about TA. (No seriously)
|
|
|
I'm pretty sure at least part of that slope up to $77 is owned by the wall guy. Watch, the moment a order completes on that slope, they quickly move a second order and add it to the wall. I have no idea why they'd want to do that, but it sure seems to me like that's whats going on.
EDIT: And now its gone, was fun everybody.
|
|
|
This whole manipulation thing would be much less aggravating if I knew what is the purpose. Idk, I think its some sort of complicated spreadtrading strategy? Not sure. I don't think they are trying to make it move up or down a long ways, I think they are just trying to make it bounce between the top wall and bottom wall while selling on the top and buying at the bottom. Theres 117 BTC in the way of them completing their strategy, though, not sure if that 117 BTC belong to them (its very nicely sloped so I think its serving to eat up the small bids to add to the sell wall) or if that 117 BTC are just random people trying to outbid them.
|
|
|
Three guys, each with $1M, and fast computers, playing around together. Thats chump change for wall st, but would completely screw over Goxxian prices to the point where nobody is even sure what the heck is even going on.
No high speed trading until gox is on top. Gox would lag for hours. The funny part is, that would actually probably help. At least they couldn't go like they do on the NYSE/Forex markets and jump over my bots pricecheck intervals.
|
|
|
Lol it glitched our charts.
|
|
|
|