klee
Legendary
 Offline
Activity: 1498
Merit: 1000
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August 31, 2013, 11:35:44 PM |
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Do I smell FEAR again?
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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August 31, 2013, 11:36:56 PM |
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Walsoraj
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August 31, 2013, 11:37:51 PM |
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I am not predicting that we go THAT low. I am not crazy! Probably .67 USD tho. Far more reasonable |
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ardana123
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August 31, 2013, 11:39:04 PM |
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Damn the order book canyon is really thin, the last time at this price is was much deeper.
Yes, im quite worried. Sold at 143.50 and bought back 146 stupidly. And its so easy to nosedive... well, you must be quite mad right now. Not so much mad that its going down, just that I was dumb enough to panic buy at 146. I know the feeling, this is why i've stopped day trading for a while now. I've only suffered two small losses from it (which came out of my original profits), but that was enough to make me ragequit. My theory is there will be a point in time when some extremely bullish news arises. This is the point where everyone will go balls deep, so in the mean time i'll be watching for that point of entry like a hawk. |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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August 31, 2013, 11:43:49 PM |
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Damn the order book canyon is really thin, the last time at this price is was much deeper.
Yes, im quite worried. Sold at 143.50 and bought back 146 stupidly. And its so easy to nosedive... well, you must be quite mad right now. Not so much mad that its going down, just that I was dumb enough to panic buy at 146. I know the feeling, this is why i've stopped day trading for a while now. I've only suffered two small losses from it (which came out of my original profits), but that was enough to make me ragequit. My theory is there will be a point in time when some extremely bullish news arises. This is the point where everyone will go balls deep, so in the mean time i'll be watching for that point of entry like a hawk. Yeah, everything I've got is mined. But I have done pretty poorly trading in the past. Right now I was up 20% and am still up - down a few % compared to buy&hold. Its just really hard to look at the orderbook right now and feel like I made a good decision. Usually after big buys I'm smart enough to find a reasonable entry point... but, I was dumb, kept 1-upping another player's bids, and just settled for a market order.. lol. Then shortly after I could have entered at $143.. or, now, $140. Plus I missed the sells at $148 :/ Just hoping I can get a nice exit in the high $140s and then it tanks, so I can stock up on bitcoin. |
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CMMPro
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August 31, 2013, 11:47:05 PM |
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A little bounce? or seriously going back up?
Edit: It's a trap!
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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August 31, 2013, 11:48:32 PM |
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A little bounce? or seriously going back up?
Schroedinger's cat seems alive while dead... |
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CMMPro
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August 31, 2013, 11:51:54 PM |
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Not enough volume to derive much from this.
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crumbs
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September 01, 2013, 12:01:11 AM |
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If you check the timing of this, you'll see that's when the price started creeping down. Coincidence?  |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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September 01, 2013, 12:10:32 AM |
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Phew, recovery  Or so I hope... come on, hit my ask at 149! |
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CMMPro
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September 01, 2013, 12:18:39 AM |
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Well, I think it earlier today overshot everyone's expectations and this was a small correction....looks like it is sideways bound again.
It was starting to look parabolic and was starting to concern everyone that this was...however welcome...too fast.
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MoreFun
Legendary
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Activity: 1008
Merit: 1003
WePower.red
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September 01, 2013, 12:21:55 AM |
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Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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September 01, 2013, 12:35:10 AM |
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Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot. |
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Ares
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September 01, 2013, 12:52:30 AM |
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Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot. That would work if they all collaborated. It's a whale eat whale world out there. |
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Walsoraj
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September 01, 2013, 01:11:12 AM |
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It's a whale eat whale world out there.
^direct result of all the fiat having left Gox. Happens w/ scammy penny stocks all the time |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 01, 2013, 01:25:09 AM |
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Walsoraj your Ignore button... its glowing!  |
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CMMPro
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September 01, 2013, 01:26:00 AM |
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I have so many people on ignore that sometimes I have to un-ignore them for a second to find out what everyone else is talking about.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 01, 2013, 01:29:47 AM |
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I have so many people on ignore that sometimes I have to un-ignore them for a second to find out what everyone else is talking about.
pro tip don't ignore them just assume they wrote nonsense and don't read it |
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CMMPro
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September 01, 2013, 01:35:20 AM |
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There are some big buyers hiding out there tonight...I saw a few feints in goxtool.
Some big bids were just thrown up and torn down in the blink of an eye....not sure if that was a mistake or not.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 01, 2013, 03:12:42 AM |
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