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bassclef
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March 18, 2015, 01:41:10 PM |
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All I know is I tried to help people out the last two days by telling them it was gonna drop and they can trade both sides but as per usual nobody listens here in permabull land.
The Wyckoff trading range chart I posted yesterday on reddit had both a bullish and bearish mid-term scenario. Honestly either could have played out depending on the news--I started to see reduced demand over the last few days (but not supply) and closed out my long from $240 figuring the top would round out somehow. That might mean it may not go very low into the range, but we'll see. I'll probably wait until later today to decide whether to play short. With the amount of shenanigans that goes on in this community when it comes to trading, nobody should trust anybody! |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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dreamspark
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March 18, 2015, 01:41:21 PM |
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Yeah and perfectly timed with news of another bunch of coins supposedly stolen. I guess a broken clock is correct at least 2 times a day.
Not really if you read my previous posts I'm not a perma bear, just a bear when its needed and a bull when its needed so your anology doesn't ring true I haven't been sitting here for three weeks saying down. Think what you like, I'm a trader, I make money when it goes up I make money when it goes down, if you cant see how it was plainly obvious it was going to go down then thats not my problem. Bulls were weak, we tried to break and stay above $300 on several occasions it failed and the market was toppy. When everyone is screaming moon its the best time to sell. When most of the rally has been on leverage its time to sell. The long term uptrend line is at $250, there was no reason not to test that at some point. |
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Maximum_Overderp!
Newbie
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Activity: 25
Merit: 0
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March 18, 2015, 01:42:12 PM |
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Was waiting for 355, but will take some profit now and wait for lower prices or a clear direction in the next week to take a clear position.
So far so good. Now what price to buy back in? Is it time? Next support level is around $255, wait till the price goes there. Yeah, I'm going to wait and see which way the wind blows on this one. I don't think we are going down more but I could be wrong. |
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LFC_Bitcoin
Legendary
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Activity: 3528
Merit: 9544
#1 VIP Crypto Casino
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March 18, 2015, 01:43:51 PM |
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Cheap coins people.
Snap them up before we go to 400 on the back of good news in April.
BTCBTCBTCBTCBTC
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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March 18, 2015, 01:48:46 PM |
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Cheap coins people.
Snap them up before we go to 400 on the back of good news in April.
BTCBTCBTCBTCBTC
Don't know if it will be due to good news, really... It seems it is just general speculation and the general trend reversal we *may* be experiencing. That being said, good news help. Yes. |
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bad trader
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March 18, 2015, 01:52:03 PM |
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BTCunches of BTCitcoins are always stolen. Like clockwork. And who needs a clock to trade Bitcoin anyhow? It's always time to sell. I've always been amazed by your ability to always make money by always selling bitcoins and never buying any (to close your shorts). |
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BlackSpidy
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March 18, 2015, 01:58:21 PM |
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Huh, $270. Shit, we were so close to breaking the year long downtrend. No $300 this week, maybe next month.
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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March 18, 2015, 01:58:42 PM |
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BTCunches of BTCitcoins are always stolen. Like clockwork. And who needs a clock to trade Bitcoin anyhow? It's always time to sell. I've always been amazed by your ability to always make money by always selling bitcoins and never buying any (to close your shorts). Ha, well he's more of a troll and is completely against Bitcoin or unregulated assets in general. The high rate of failures and scams (which are bad, but natural given the unregulated nature of BTC) foster his cognitive dissonance what this is concerned even further ^^ |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 18, 2015, 01:59:00 PM |
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Morecoin Freeman
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March 18, 2015, 01:59:54 PM |
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1,000 bitcoin buy wall at 272.88 on bitfinex
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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March 18, 2015, 02:01:05 PM |
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1,000 bitcoin buy wall at 272.88 on bitfinex
dont fall for another bull trap, short the bounce. |
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uhoh
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March 18, 2015, 02:03:54 PM |
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Just got margincalled on btcusd. Luckily I'm making some more BTC on 1broker!  Try it out: http://bit.ly/1Fv5gkjIf you're gonna use referral links, at least show them in plain sight instead of hiding them using bitly |
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Andre#
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March 18, 2015, 02:07:13 PM |
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Huh, $270. Shit, we were so close to breaking the year long downtrend. No $300 this week, maybe next month.
Give it some time to bounce back. |
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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March 18, 2015, 02:09:44 PM |
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I'm not buying. At $250 maybe.
If we continue to break down even more, at some point we might end up in a situation where it is more probable to go down even further, than to rebound form that. The line between 'cheap coins' and 'you should go short now' is a thin one, unfortunately... |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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March 18, 2015, 02:14:36 PM |
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Dump is over gents. We're going back up. Can one with a good eye, add up how much of the stolen coins went down the drain on market orders...?
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bad trader
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March 18, 2015, 02:16:05 PM |
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I've always been amazed by your ability to always make money by always selling bitcoins and never buying any (to close your shorts).
Ha, well he's more of a troll and is completely against Bitcoin or unregulated assets in general. The high rate of failures and scams (which are bad, but natural given the unregulated nature of BTC) foster his cognitive dissonance what this is concerned even further ^^ What I said applies to the bear trolls in general. They always claim the price is going down and disappear during upswings. Either they are pure trolls only interested in annoying people or they are secretly buying when they are trolling he most. |
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ChuckBuck
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March 18, 2015, 02:16:43 PM |
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Come on Whale Club! You're embarrassing yourselves with your $15 dump... Where's my $50 coin!   |
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Silverspoon
Member
Offline
Activity: 112
Merit: 10
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March 18, 2015, 02:21:26 PM |
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BTCunches of BTCitcoins are always stolen. Like clockwork. And who needs a clock to trade Bitcoin anyhow? It's always time to sell. I've always been amazed by your ability to always make money by always selling bitcoins and never buying any (to close your shorts). I used to be amazed by Bitcoiners' ability to make the most idiotic false assumptions, but no more. I simply repeat, for th Nth time, that I haven't done any serious trading for over a year. You already forgot what you just read, didn't you? |
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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March 18, 2015, 02:23:22 PM |
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I've always been amazed by your ability to always make money by always selling bitcoins and never buying any (to close your shorts).
Ha, well he's more of a troll and is completely against Bitcoin or unregulated assets in general. The high rate of failures and scams (which are bad, but natural given the unregulated nature of BTC) foster his cognitive dissonance what this is concerned even further ^^ What I said applies to the bear trolls in general. They always claim the price is going down and disappear during upswings. Either they are pure trolls only interested in annoying people or they are secretly buying when they are trolling he most. Yeah I believe they can be split up into two kinds of people: Those who only denounce Bitcoin and get something out of simply doing that, and those who try to influence the price, go short, and also reassure themselves that they did the right thing shorting. |
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