Loaded
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Activity: 135
Merit: 113
whale eater
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January 08, 2017, 07:58:59 AM |
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Ya win some, ya lose some, and hope the former is greater than the atter. Ya go from preyin on whales to being chewed on these dats.
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"You Asked For Change, We Gave You Coins" -- casascius
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Sourgummies
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January 08, 2017, 08:03:29 AM |
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I want to open a long so bad. I feel like a rocketship green candle is about to form soon but im afraid.
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Ted E. Bare
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January 08, 2017, 08:10:12 AM |
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You could have bought already, buy the maximum panic: Always buy during maximum panic. Now for over a year the dumps have only lasted a couple of days max. It's not too hard to get a nice entry.
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10155
Self-Custody is a right. Say no to"Non-custodial"
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January 08, 2017, 08:27:15 AM |
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tbh - I sold some at $940-950 on this bounce, I do not believe we will get back up to $1000 before another sizable drop. Too many people seem to be planning on unloading this time when we get to $1k again
Buy back target is in the low $800s, I think we will be in this $800-900 range for the next month or so, perhaps touching some of the support in the high $700s if people panic again for some reason.
Nothing wrong with hedging.. Hopefully you did not sell too many in reliance on that view, but if you end up being correct, then the more power to you. I usually try to hang onto most of my coins, so I do have fiat to buy more on the dips, but I get a bit nervous hedging too much for down when it looks like we may be on the cusp of an actual upwards explosion.. the upwards explosion may or may not happen, but I would feel bad it I had anymore than 15% of my BTC investment holdings hedged towards down.. .. currently, I only have about 6% or 7% or so hedged towards the possibility of down from here, but I can see where someone may want to hedge a bit more than me... and even double is within my concept of reasonable.. but beyond that would make me nervous in these current market conditions.. Yea, I agree. I only sold 20% of my stash. I would be nervous to sell any more than that. This is actually the first time I've sold since the big drop in 2013, been buying ever since and scooped up plenty of coins in the $200-300 range. I had planned to sell some anyway when we got to the 2013 ATH, just to lock in some profits. Should have stuck to that plan but when time came to sell I started hoping that we would zoom right past it and held off. Maybe our views are somewhat similar, yet I do think that it feels a little better to sell in several small chunks rather than attempting to time it, and maybe you will be able to sell all of your allocation and maybe the price will reverse before you sell all of it. |
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SnokkomBTC
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January 08, 2017, 08:45:40 AM |
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next weeks are critical  |
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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January 08, 2017, 09:30:24 AM |
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next weeks 9,986,000 minutes are critical FTFY |
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kurious
Legendary
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Activity: 2590
Merit: 1643
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January 08, 2017, 09:42:59 AM |
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If there was anywhere as much manipulation as I get suspected of, I'd be way richer. It's far harder than you'd think.
That I do believe. Also, I'm hammered.
Ha! And still watching the screens on a Saturday night - join the club In 13 it was fun.
Yep, it was - this time we are a little more hardened and we know how the party can stop and be over very quickly. Good luck out there, nice to see you're still in the game. |
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Lionidas
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January 08, 2017, 09:44:14 AM |
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Best picture that I have seen all year.... so far.  KEK is in control. Prasie it and Bitcon will rain from the dankest shitlord meme factory.
It is said, it is done. |
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yugo23
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January 08, 2017, 11:53:27 AM |
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I want to open a long so bad. I feel like a rocketship green candle is about to form soon but im afraid.
Ahahah yeah I feel you xD I'd say it's not the right moment to open a long. We're at a peak right now so it's not the right moment to open a long, especially when you see the volatility of the price! Wait for a small dump. There will be one, we're not going to go from 840 to 1000 in a straight line! We gonna drop in a little time before going in back. |
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molecular
Donator
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Activity: 2772
Merit: 1019
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January 08, 2017, 11:58:26 AM |
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the bears are mounting an attack. Seems bitstamp is the leader of the pack, already < $900
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molecular
Donator
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Activity: 2772
Merit: 1019
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January 08, 2017, 12:46:56 PM |
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the bears are mounting an attack. Seems bitstamp is the leader of the pack, already < $900
seems $900 is holding for now. makes me happy because it lessens the danger of $780 being broken to the downside. on the other hand: maybe the bears are just reloading... anyway... I could live with another half or full year of consolidation between $500 and $1000, but that'd be fucking boring as hell. |
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kurious
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Activity: 2590
Merit: 1643
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January 08, 2017, 01:05:43 PM
Last edit: January 08, 2017, 01:23:59 PM by kurious |
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the bears are mounting an attack. Seems bitstamp is the leader of the pack, already < $900
seems $900 is holding for now. makes me happy because it lessens the danger of $780 being broken to the downside. on the other hand: maybe the bears are just reloading... anyway... I could live with another half or full year of consolidation between $500 and $1000, but that'd be fucking boring as hell. Stamps books look thin on both sides. 1000 BTC dump takes us down to the mid 800s, the same as a buy is way up in the mid 900s. Which way, I have no idea - but it doesn't look that bullish to me. Am all fiat on Stamp, waiting to see what happens. EDIT: order books fattening up and as it's green all the way back to the daily, we should go up. Just hope there isn't a whale waiting for the moment to go for one more dump into the order book. Volume is still low. |
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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January 08, 2017, 01:21:18 PM |
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Stamps books look thin on both sides. 1000 BTC dump takes us down to the mid 800s, the same as a buy is way up in the mid 900s.
Which way, I have no idea - but it doesn't look that bullish to me. Am all fiat on Stamp, waiting to see what happens.
Are you sure that you've updated your charts? Someone placed a wall at 900 right now:  Bitstamp | There are currently 4213.2586 bitcoins demanded at or over 800.0 USD, worth 3640500.55521 USD in total. | Data vintage: 49.0603 seconds
Bitstamp | There are currently 3327.3893 bitcoins offered at or under 1000.0 USD, worth 3202731.91053 USD in total. | Data vintage: 75.3432 seconds
Update: It was just removed. |
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HI-TEC99
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Activity: 2772
Merit: 2846
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January 08, 2017, 01:23:53 PM |
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the bears are mounting an attack. Seems bitstamp is the leader of the pack, already < $900
seems $900 is holding for now. makes me happy because it lessens the danger of $780 being broken to the downside. on the other hand: maybe the bears are just reloading... anyway... I could live with another half or full year of consolidation between $500 and $1000, but that'd be fucking boring as hell. Stamps books look thin on both sides. 1000 BTC dump takes us down to the mid 800s, the same as a buy is way up in the mid 900s. Which way, I have no idea - but it doesn't look that bullish to me. Am all fiat on Stamp, waiting to see what happens. There's about 135 Bitcoins of bids down to $900, and about 135 Bitcoins of asks up to $927 on stamp. Big walls keep going up and down beyond those limits. It will probably be range bound for a few hours. |
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Tzupy
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Activity: 2128
Merit: 1074
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January 08, 2017, 01:24:59 PM |
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Support broken. Looks like we are in the middle of the second leg down of A.
Critical support broken, confirms we were in the middle. Bottom should be around 5000 CNY. China won't drop right now, so either the last small part of the dump is truncated, or delayed for several hours. 5000 CNY would have been a bear's wet dream. I never margin trade, but this is a moment I would expect some smart types to go long. You still think we have further to go down? I am not criticising - given your recent prescience, I am asking. Quite likely to go further down, but not right now. Go long only for scalping. At last the Chinese dumped (as usually, started at 3.45 am my time, while I was asleep), probably completed the second leg down of A. This took too long and almost made me believe it was truncated. If I am right and the third leg down is to come, resistance moved to about 6300 CNY. I am expecting a small bounce into that resistance, and sideways for two days, then the third leg down. Right when the market was at an inflection point, ready to take the plunge and confirm the third leg down, a LTC pump started and BTC followed soon, so I don't know which way...  |
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kurious
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Activity: 2590
Merit: 1643
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January 08, 2017, 01:27:06 PM |
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Stamps books look thin on both sides. 1000 BTC dump takes us down to the mid 800s, the same as a buy is way up in the mid 900s.
Which way, I have no idea - but it doesn't look that bullish to me. Am all fiat on Stamp, waiting to see what happens.
Are you sure that you've updated your charts? Someone placed a wall at 900 right now: Bitstamp | There are currently 4213.2586 bitcoins demanded at or over 800.0 USD, worth 3640500.55521 USD in total. | Data vintage: 49.0603 seconds
Bitstamp | There are currently 3327.3893 bitcoins offered at or under 1000.0 USD, worth 3202731.91053 USD in total. | Data vintage: 75.3432 seconds
Update: It was just removed. It's just looking uncertain - volume is picking up - but not nearly enough to break out. If the whales refilled from 812-ish up, we still need to be wary of thinking 'it's over'. Not that I don't want it to be! |
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sulfurtank
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January 08, 2017, 01:40:30 PM |
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Oh man I'm heavily sitting on weed so I can bounce off the ground and have a flight in the air, can do this anytime. I weight like 2 pounds and can be conveyed to another place easily by a transporter or other means for carrying things. Why are we trading at lower levels?
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hifzi
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January 08, 2017, 02:11:12 PM |
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i cant stay this rollercoaster,  |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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January 08, 2017, 02:23:21 PM |
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eddie13
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Activity: 2296
Merit: 2262
BTC or BUST
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January 08, 2017, 03:18:36 PM |
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I'm ready for some fiat inflation... Fire up them presses, build us some infrastructure, military, cool stuff for us.. Get it inflated real good then print some more to pay off a good chunk of our debt for pennies on the dollar in actual value.. While I sit on my Bitcoins and other such investments of real value.. Time for an economic shakeup.. |
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