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Author Topic: BITCOIN CRASHING  (Read 6653 times)
jofus87
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February 26, 2014, 03:12:33 AM
 #81

Ugh, hit 401 and I had my buy order at 400.

Same here, man. Set buy order for 400.01 and went to sleep, woke up and it's back over 500  Angry
tvbcof
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February 26, 2014, 03:24:52 AM
 #82

Ugh, hit 401 and I had my buy order at 400.

Same here, man. Set buy order for 400.01 and went to sleep, woke up and it's back over 500  Angry

I had the same thing happen at $3.22.  Eventually I got my buy in anyway, and quite a few more than I initially anticipated.  Not to toot my own horn to much, but it took fairly big balls to keep doubling down as I did, and not many people seemed to be doing so near the bottom...or at least not many who blather away on this forum.  I was only able to do this because I never put in more than I could comfortably walk away from at 100% loss.

In terms of percentages the volatility is probably about the same as it was back in the mid-to-old days which is interesting.  Now there is a lot more money in terms of fiat sloshing around now though I think.  Whether this supposition is actionable or not I don't know.  It's a fair bet that people who have more money are better at separating money from others so it's always best to be on the lookout for people trying to get a stampede going.  And increasingly, players who are more adept at doing it.


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February 26, 2014, 04:17:01 AM
 #83

I guess I never thought about the psychology of the buy order.  Obviously others had it set at 401.  I guess I'll try 402 next. 

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
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