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bad trader
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March 30, 2015, 02:43:40 AM |
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I think it's risky to trade until GBTC trading begins. I do not know how or if it will affect the market.
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Morecoin Freeman
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March 30, 2015, 02:44:35 AM |
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If you are looking for profit: volatility > stability.
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rolling
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March 30, 2015, 02:46:25 AM |
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I think it's risky to trade until GBTC trading begins. I do not know how or if it will affect the market.
Like risk ever stopped the degenerate gambler day-traders?
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Cconvert2G36
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March 30, 2015, 02:46:31 AM |
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My guess: The desire to be long for monday morning news. The possibility of GBTC doing something. Expect covering and sell off if nothing.
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 30, 2015, 02:47:47 AM |
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this is a clear sign to me that this market is over-leveraged. that on ok coin was just a massive short position closing, then other panicked and closed their positions and you have this ridiculous situation that we are back from when we started this descent. this fucker is going down again. just a matter of time. ridiculous.
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rolling
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March 30, 2015, 02:48:59 AM |
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this is a clear sign to me that this market is over-leveraged. that on ok coin was just a massive short position closing, then other panicked and closed their positions and you have this ridiculous situation that we are back from when we started this descent. this fucker is going down again. just a matter of time. Oh yeah, no doubt about it! Clear downtrend for the last 19 days.
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Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
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March 30, 2015, 02:49:33 AM |
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Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.
It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell). This is true otherwise many more people would've been able to snag something at the last real low. The despair/unknowing period sometimes just makes people stunned and in a bind as to what to do next. Hopefully, people have learned. However, tonight no one knew the bottom would be around 236-7 and the chance passed them by, including me at this point. But I did bag some good swaps.
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coinableS
Legendary
Offline
Activity: 1442
Merit: 1186
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March 30, 2015, 02:49:42 AM |
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My guess: The desire to be long for monday morning news. The possibility of GBTC doing something. Expect covering and sell off if nothing.
Winkies have been pretty quiet lately. Could be gemini news.
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 30, 2015, 02:50:18 AM |
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this is a clear sign to me that this market is over-leveraged. that on ok coin was just a massive short position closing, then other panicked and closed their positions and you have this ridiculous situation that we are back from when we started this descent. this fucker is going down again. just a matter of time. Oh yeah, no doubt about it! go ahead and buy sucker. make my day.
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Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
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March 30, 2015, 02:52:10 AM |
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Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. What if it came from the same non-believers/whales/manipulators/sadists? Ah ha! Oh, how did some get the dream coins at the right time after the bearfart. Back to normal but it'll be interesting to see what happens after the next morning does its thing.
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Cconvert2G36
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March 30, 2015, 02:52:55 AM |
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My guess: The desire to be long for monday morning news. The possibility of GBTC doing something. Expect covering and sell off if nothing.
Winkies have been pretty quiet lately. Could be gemini news. Doubtful, they can't even keep their winkdex api up.
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
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March 30, 2015, 02:53:59 AM |
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My guess: The desire to be long for monday morning news. The possibility of GBTC doing something. Expect covering and sell off if nothing.
Winkies have been pretty quiet lately. Could be gemini news. could be any number of wall st. driven upside surprises at this point ... total minefield for over-leveraged shorts, one wrong step here could be fatal. Seems the atmosphere has become quite expectant, due any day now?
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BitcoinNewbie15
Sr. Member
Offline
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
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March 30, 2015, 02:54:06 AM |
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Hmm.. another dip in the price. What could be causing it?
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Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
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March 30, 2015, 02:54:58 AM |
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Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.
It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell). Well, that sucks. Do we really need Wall Street market makers before we have a stable market? You think this is volatile? Wait til they really do enter and hold on to your hat. So true, cause nobody has seen nothing yet prior to these folks getting down in the market. There will be a whole new layer of market shakers to deal with or be in awe of.
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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March 30, 2015, 02:55:39 AM |
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Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.
It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell). This is true otherwise many more people would've been able to snag something at the last real low. The despair/unknowing period sometimes just makes people stunned and in a bind as to what to do next. Hopefully, people have learned. However, tonight no one knew the bottom would be around 236-7 and the chance passed them by, including me at this point. But I did bag some good swaps. I didn't catch the bottom, but I have been buying steadily today.
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Cconvert2G36
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March 30, 2015, 02:56:39 AM |
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Hmm.. another dip in the price. What could be causing it?
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ChartBuddy
Legendary
Offline
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 30, 2015, 02:58:50 AM |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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March 30, 2015, 02:58:58 AM |
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Mmm bear trap looks like now
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Chef Ramsay
Legendary
Offline
Activity: 1568
Merit: 1001
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March 30, 2015, 03:02:44 AM |
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Where did this bs pump come from? It's a waste. No matter how high the price goes, the non-believers/whales/manipulators/sadists are going to keep pushing it down. Why fight it, just let them get to double digits and then we can finally go up.
It's an illusion to think that once we get to X we can all just happily buy again and go up. If we do get to double digits you will be very scared to buy and the single digit crew will be hard at work convincing you that the price can't go up until we hit $5 or whatever arbitrary number. There is no magical number where buying fills all of us with butterflies and rainbows, the doom is always palpable and looming above our heads. Only once you see through the psychology and can objectively look at it from the outside you can find good entry points to buy (or sell). This is true otherwise many more people would've been able to snag something at the last real low. The despair/unknowing period sometimes just makes people stunned and in a bind as to what to do next. Hopefully, people have learned. However, tonight no one knew the bottom would be around 236-7 and the chance passed them by, including me at this point. But I did bag some good swaps. I didn't catch the bottom, but I have been buying steadily today. I guess I would say you're a lucky man or sheer genius to catch those or make those bids in such a situation. Well done, partner.
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