Feri22
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November 08, 2015, 10:53:39 AM |
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For now its stable around 350-400. Maybe this 2 weeks it will pump up again.. hope it will happen soon
I don´t think so... Why?
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 08, 2015, 10:58:14 AM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 08, 2015, 11:03:36 AM |
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Hyperjacked
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It's all mathematics...!
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November 08, 2015, 11:25:54 AM Last edit: November 08, 2015, 12:57:27 PM by Hyperjacked |
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Buy here, sell 10$ higher and wait for bears to push it down again to this level then buy again. Pattern for two days now Shorts on Bitfinex are rising and longs are still really low - sub 20mil$! This will give more fuel to next leg up. How does this shorts vs longs thing work for predicting what the price will do? Does it go up or down when there are more shorts than longs? Doesn't that technique for guessing the future price ever fail? If it's perfect then wouldn't every person who understands it be able to tell what the price will do in advance? When there is big amount in longs/shorts odds for margin calls are much higher? We know what market makers are doing... Forcing margin positions to get margin called. Currently it is hard to do that in each direction. This is why sideways It's sideways because that's how the composite operator trades this beast! I've been following the patterns since Gox and its so predictable it's comical! I could go on and on with all the tools they have but isn't it obvious....
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cbeast
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Let's talk governance, lipstick, and pigs.
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November 08, 2015, 11:50:24 AM |
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It's simple. The Manipulator is back!
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QuestionAuthority
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You lead and I'll watch you walk away.
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November 08, 2015, 11:50:32 AM |
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I need the price to go above 550 before Christmas and stay there long enough to sell. I'm looking at buying a Samsung 88 inch series 9 LED 4K ULTRA HDTV and I'd really like Bitcoin to pay for it. I would appreciate it if one of you guys can work that out for me.
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cbeast
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Let's talk governance, lipstick, and pigs.
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November 08, 2015, 12:00:44 PM |
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I need the price to go above 550 before Christmas and stay there long enough to sell. I'm looking at buying a Samsung 88 inch series 9 LED 4K ULTRA HDTV and I'd really like Bitcoin to pay for it. I would appreciate it if one of you guys can work that out for me.
I wanted that too and I'll need a new Toyota Tundra to carry it. Please ask the awesome core developers to make it happen.
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Hyperjacked
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It's all mathematics...!
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November 08, 2015, 12:00:52 PM Last edit: November 08, 2015, 02:31:21 PM by Hyperjacked |
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I need the price to go above 550 before Christmas and stay there long enough to sell. I'm looking at buying a Samsung 88 inch series 9 LED 4K ULTRA HDTV and I'd really like Bitcoin to pay for it. I would appreciate it if one of you guys can work that out for me.
I'll think about if you buy two and send me one... disclaimer:I live in a simple ADK camp and it would look out of place... Cheers!
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 08, 2015, 12:02:36 PM |
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cbeast
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Let's talk governance, lipstick, and pigs.
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November 08, 2015, 12:09:02 PM |
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I need the price to go above 550 before Christmas and stay there long enough to sell. I'm looking at buying a Samsung 88 inch series 9 LED 4K ULTRA HDTV and I'd really like Bitcoin to pay for it. I would appreciate it if one of you guys can work that out for me.
I'll think about if you buy two and send me one... Cheers! Sadly I can only still afford to use this IBM-XT monochrome monitor. Fortunately is was a huge improvement over the previous Intel core. But I digress.
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QuestionAuthority
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Activity: 2156
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You lead and I'll watch you walk away.
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November 08, 2015, 12:11:10 PM |
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I need the price to go above 550 before Christmas and stay there long enough to sell. I'm looking at buying a Samsung 88 inch series 9 LED 4K ULTRA HDTV and I'd really like Bitcoin to pay for it. I would appreciate it if one of you guys can work that out for me.
I wanted that too and I'll need a new Toyota Tundra to carry it. Please ask the awesome core developers to make it happen. Since we're putting the devs to work anyway and that's a big tv, we should get a slightly larger truck to carry it home.
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600watt
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November 08, 2015, 12:45:28 PM |
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300 gone, 320 gone. 383 looks pretty amazing on a dull post auction, post 15-month-peak day.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 08, 2015, 01:03:17 PM |
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goldsun
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November 08, 2015, 01:24:15 PM |
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Can someone just tell me where will we possible head? Up or down? Based on analysies and some speculations The support is holding us above levels last seen in Dec 2014. We've never been so high before in the entire year of 2015 and we have tested the support and are now slowly making higher highs. The downward movement a couple of days ago was due to climbing too high too fast and people were panicking because everyone kept saying we will reach the moon, but we didn't so people got scared and sold the shit out of it, but we are now gradually moving higher and coming out of this correction. Although you can argue that we are currently correcting a huge downward trend on a yearly scale, I really doubt this is the case because there have been just too many positive news coming out regarding Bitcoin. (gemini, nyse, constant news about the rally, the halving etc.) I personally see no way to go but up and the guys who keep telling you we're through and it's the end are most likely desperate and trying to lower the price so they can get in early because they missed out or even lost a lot in the panic. If you happen to have a decent amount of coins I wouldn't recommend selling them right now. As for opening a long position, still not sure in the short term. Thanks for the suggestioni. I'll try to hold. That's what I've been doing since last year, so finally I am back at +- 0 almost. So it's good. I just want to get it to $1k as soon as possible to make some money out of it just like the rest. I belive that bitcoin can work, but I can't really cut the fiat thing. It's always good to get both.
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jaredboice
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November 08, 2015, 01:42:44 PM |
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That chart analysis talks about leveraged shorting as the reason why this recent rally didn't go up to $1200 and why it's going down from here. Do we not also have leveraged long trades now too lol? I'm not understanding this point at all. I can't predict what direction we go from here. But I will predict that there's not going to be much more time spent under the $300s. If we revisit those levels at all, it will be brief IMHO
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ssmc2
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November 08, 2015, 01:52:44 PM |
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I'll be at the bar. Somebody come get me when the new leads get here. The glengarry leads! You know what it takes to hodl bitcoin? Brass balls.
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ssmc2
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Merit: 1040
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November 08, 2015, 01:53:22 PM |
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Why is the hashrate dropping? Under 400 PH/s...
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BTCtrader71
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November 08, 2015, 01:57:00 PM |
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That chart analysis talks about leveraged shorting as the reason why this recent rally didn't go up to $1200 and why it's going down from here. Do we not also have leveraged long trades now too lol? I'm not understanding this point at all.
With leveraged trading, anyone can go long and anyone can go short. Prior to leveraged trading, anyone could "go long" because going long meant exchanging fiat for bitcoin, and 100% of traders have fiat. Conversely, going short meant selling bitcoin for fiat, and the percentage of traders with bitcoin was way less than 100%. If you did not hold any bitcoin and you wanted to short it, then you'd have to buy some first before you could dump it on the market. Make sense? EDIT: The creation of leveraged trading was therefore necessarily bearish for bitcoin. I wish I had understood that two years ago lol ...
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TReano
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November 08, 2015, 01:59:25 PM |
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That chart analysis talks about leveraged shorting as the reason why this recent rally didn't go up to $1200 and why it's going down from here. Do we not also have leveraged long trades now too lol? I'm not understanding this point at all. I can't predict what direction we go from here. But I will predict that there's not going to be much more time spent under the $300s. If we revisit those levels at all, it will be brief IMHO
I meant back in 2012-2013 Short trading was not available for most people. They Simply bought longs and sold and bought back lower to make money... Leverage was also not really a trading option back then. Now we have all these options that's why I think the recent 500$ is equal to the 1200$ spike back then and that we should slide down from here and make a new low sub 300$ at least. for every high there will be a low. and we have to find a new low from here I guess...
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