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Question: Is this the last time we see sub-$10K?
Yes - 26 (44.8%)
No - 32 (55.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21528419 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (142 posts by 32 users deleted.)
Chef Ramsay
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March 19, 2015, 02:28:42 AM

I'm particularly interested in how all this affected the litecoin situation as I've had orders placed over the last 4 cents on the way down just because. Nothing big, just some play coinage but I'm just wondering whether the move is down further tonight/morning and then a rebound or is this ship just flat out taking on water in a large manner across the board..
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JimboToronto
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March 19, 2015, 02:54:38 AM

Holy moly. Went out for St. Patty's day and didn't get back until tonight.

Seems the bears were running wild while I was away.

Too bad I have to wait until morning to go and buy what I can afford.

First serious dip we've had in a while.
KSGuy
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March 19, 2015, 02:55:44 AM

I rarely watch the market anymore, I just sit here and collect my coins when I can afford it.
12345mm
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March 19, 2015, 02:57:19 AM

ChartBuddy
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March 19, 2015, 03:01:27 AM

Coin
Explanation
Cconvert2G36
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March 19, 2015, 03:06:33 AM

WeltMaster
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March 19, 2015, 03:12:50 AM

Well, I only lost 15 bitcoin today...

 Cry
Sitarow
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March 19, 2015, 03:16:10 AM

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?
DaRude
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March 19, 2015, 03:16:22 AM

If it was an attempt at squeezing longs think it's safe to say that so far it's a failure (to my surprise as well was expecting more closed longs)
WeltMaster
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March 19, 2015, 03:21:46 AM
Last edit: March 19, 2015, 03:32:31 AM by WeltMaster

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad


https://www.okcoin.com/future/blastingRecord.do

I feel like I was just a drop in the ocean today..
abercrombie
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March 19, 2015, 03:27:30 AM

is crypto done?  Huh

dreamspark
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March 19, 2015, 03:29:05 AM

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad

Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.
Cconvert2G36
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March 19, 2015, 03:34:18 AM

is crypto done?  Huh



Chef Ramsay
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March 19, 2015, 03:36:22 AM

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad
Dude, the margin call is nasty as you've seen. Stop playing that game and trading when the vipers are typically on the other end of the game. Just buy and hold with your expendables and wait til the market comes back up instead of setting yourself up to get crunched. My God... Don't be afraid to take a minimal loss but manually sell when things get too underwater for you on your own. This is the double loss playing the trading game on the long or short that all relaxed players should chill on.

Now, you're gonna see the wrath of the trolls. I've seen this play out before and never would open myself up to this unfolding on my face like that. The vast majority of traders (like 66%+) will get nailed, that's why people should just take their stance and let it ride w/ a short stop loss in a mental fashion.
Sitarow
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March 19, 2015, 03:40:22 AM

DaRude
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March 19, 2015, 03:48:25 AM

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad

Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.

Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed.
WeltMaster
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March 19, 2015, 03:48:48 AM

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad
Dude, the margin call is nasty as you've seen. Stop playing that game and trading when the vipers are typically on the other end of the game. Just buy and hold with your expendables and wait til the market comes back up instead of setting yourself up to get crunched. My God... Don't be afraid to take a minimal loss but manually sell when things get too underwater for you on your own. This is the double loss playing the trading game on the long or short that all relaxed players should chill on.

Now, you're gonna see the wrath of the trolls. I've seen this play out before and never would open myself up to this unfolding on my face like that. The vast majority of traders (like 66%+) will get nailed, that's why people should just take their stance and let it ride w/ a short stop loss in a mental fashion.

Yeah you're right, I'm all out of margin now. Moving to storage and taking a break for a while, good luck and happy trading everyone
dreamspark
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March 19, 2015, 03:53:18 AM

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad

Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.

Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed.

Everyone on okcoin futures will be margin called if the market moves 15% against you. Even at 10x.

Don't you lot understand how bad it is that there are as many longs now as there were when this drop started.
DaRude
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March 19, 2015, 03:59:43 AM

Well, I only lost 15 bitcoin today...

 Cry

Sad that not good. Did you sell to realize those losses?

I had a 5 btc long that got margin called on futures, and lost 10 from taking losses on a long I had open since 286.

Feeling sick, worst loss in my 3 years of trading bitcoin Sad

Sorry about your losses, 2 words though, risk management. Never let yourself get margin called.

Luckily it appears there weren't that many people like you going leveraged longs with really tight margins who get called once position moves 15% against you. Hopefully you learned your lessons. Now can we get same people piling up on shorts, love seeing those getting squeezed.

Everyone on okcoin futures will be margin called if the market moves 15% against you. Even at 10x.

Don't you lot understand how bad it is that there are as many longs now as there were when this drop started.

Not familiar with okcoin was going by finex. Believe they require 30% to open and 15% to margin call minimum. Honestly I am a perplexed why more didn't close. On one side it's good as they have fatter margins hoping for more mature traders who know what they're doing but on the other side there's still potential of them getting squeezed causing a domino effect
ChartBuddy
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March 19, 2015, 04:00:49 AM

Coin
Explanation
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