thetopham
Newbie
 Offline
Activity: 56
Merit: 0
|
 |
November 05, 2013, 12:34:14 AM |
|
wow this shit is crazy!
|
|
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
mah87
Donator
Hero Member
Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
|
|
November 05, 2013, 12:40:45 AM |
|
CRASH INCOMING !
|
|
|
|
|
|
|
|
ag@th0s
|
|
November 05, 2013, 12:46:09 AM |
|
Sorry, forget my classic, its was obv too soon I'll try to find old footage like 19xx so no one little heart / sensibility will be hurt Idiot, your gif didn't even get the speed right "Judicial authorities earlier said the train was travelling at 192km/h (119mph) on the bend where it derailed." http://www.bbc.co.uk/news/world-europe-2398256679 dead - 170 injured, lets have a laugh. |
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
November 05, 2013, 12:46:53 AM |
|
Did anybody not see this coming? This is the first time I have actually traded BTC. I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k. Bought positions on Saturday night. I rarely see a more obvious time to buy.
I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.
But this last push was about as obvious as they come.
|
|
|
|
|
SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
|
|
November 05, 2013, 12:47:18 AM |
|
THIS IS CRASHING !!!
CRASH INCOMING !
195!!
Ready for the big crash ?
|
|
|
|
|
|
BarkinTree
|
|
November 05, 2013, 12:47:42 AM |
|
i was all pumped about the price movement but you guys are really depressing the hell out of me up in here, damn
|
|
|
|
|
SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
|
|
November 05, 2013, 12:53:50 AM |
|
Did anybody not see this coming? This is the first time I have actually traded BTC. I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k. Bought positions on Saturday night. I rarely see a more obvious time to buy.
I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.
But this last push was about as obvious as they come.
Almost went long. Couldn't stomach 60+% APR on Bitfinex.. :/ Funny thing is, I think we're just getting started. |
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
|
|
November 05, 2013, 12:54:47 AM |
|
Remember early this year how we had to endure three months of stopped clocks calling for a crash every day?
It's going to be like that again for a while.
|
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
November 05, 2013, 12:55:12 AM |
|
Did anybody not see this coming? This is the first time I have actually traded BTC. I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k. Bought positions on Saturday night. I rarely see a more obvious time to buy.
I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.
But this last push was about as obvious as they come.
Almost went long. Couldn't stomach 60+% APR on Bitfinex.. :/ It was only 42%. Its been low for over a week. |
|
|
|
|
|
ag@th0s
|
|
November 05, 2013, 12:56:08 AM |
|
So Bitstamp just passed it's all time closing high? $229?
|
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
November 05, 2013, 12:58:16 AM |
|
So Bitstamp just passed it's all time closing high? $229?
Yeah, I figured this would be the first real resistance this week. Didn't think we would be here on Monday, though. If we consolidate here, not much stopping us from going to $250. Except $240, lol. After $250 then its a race to $259, where some real resistance should come in. After that - blue skies. |
|
|
|
|
|
TERA
|
|
November 05, 2013, 01:01:15 AM |
|
Did anybody not see this coming? This is the first time I have actually traded BTC. I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k. Bought positions on Saturday night. I rarely see a more obvious time to buy.
I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.
But this last push was about as obvious as they come.
I went all in but chickened out of using margin, partly because bit stamp was having an issue and bitfinex was trading $3 over. Now I really regret it. Is it still safe? Should I wait until the next dip? |
|
|
|
|
ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
November 05, 2013, 01:01:54 AM |
|
|
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
November 05, 2013, 01:04:45 AM |
|
Did anybody not see this coming? This is the first time I have actually traded BTC. I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k. Bought positions on Saturday night. I rarely see a more obvious time to buy.
I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.
But this last push was about as obvious as they come.
I went all in but chickened out of using margin, partly because bit stamp was having an issue and bitfinex was trading $3 over. Now I really regret it. Is it still safe? Should I wait until the next dip? See my post above. It all depends on how fast the dips last. We are at the first real point of resistance - 229. If we don't dip from here, then its to 250. And then to 259. So we might slow down the momentum, but as long as we have things like Coinbase saying early in the morning that it has reached it "buy" limit, I don't see how we go anywhere but up. I also suspect that not all the funds reached Bitstamp accounts today from incoming latent wires. I think its a foregone conclusion that we test the highs, it just a matter if it's 2-3 days or 2-3 weeks. You pay more margin at 2-3 weeks, but you are still profitable if this happens. |
|
|
|
|
|
ag@th0s
|
|
November 05, 2013, 01:05:34 AM |
|
So Bitstamp just passed it's all time closing high? $229?
Yeah, I figured this would be the first real resistance this week. Didn't think we would be here on Monday, though. If we consolidate here, not much stopping us from going to $250. Except $240, lol. After $250 then its a race to $259, where some real resistance should come in. After that - blue skies. Guess it partly depends on how people just getting there money into Bitstamp behave? I know I bought within 2 days. $260 is the ATH for Bitstamp so I reckon they'll place as soon as they can. |
|
|
|
|
NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
|
|
November 05, 2013, 01:08:36 AM |
|
Agreed, poor taste. Would you show a GIF of the twin towers collapsing a few months after 9/11 to infer that a market crash was incoming? Me thinks not. But moving on...  If you wanted to post something more appropriate (for the day anyway) http://www.youtube.com/watch?v=D9gYhnUKehUTrain and explosions included. |
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
|
|
November 05, 2013, 01:10:43 AM |
|
|
|
|
|
|
SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
|
|
November 05, 2013, 01:20:22 AM |
|
|
|
|
|
|
SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
|
|
November 05, 2013, 01:23:54 AM |
|
Did anybody not see this coming? This is the first time I have actually traded BTC. I have held for a long time. So I decided to go with 2.5 margin at Bitfinex for about $108k. Bought positions on Saturday night. I rarely see a more obvious time to buy.
I guess losing my ass day trading stocks for a couple of years makes this a walk in the park. But the pent up buy pressure from last week and the lag of funds into Bitstamp was crazy bullish. Don't know what happens from here on out. I suspect we test the highs this month. Maybe this week.
But this last push was about as obvious as they come.
To be frank though, if we'd gone down would you have told everyone about your obvious play? I'll bet you would have kept that one to yourself.  |
|
|
|
|
|
Poll
