Vycid
Sr. Member
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November 20, 2013, 10:47:33 AM |
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SON OF A BITCH
I put in a sell market order at the 4000 CNY wall.
"Pending" popped up, everything looked good.
Some motherfucker dumped right ahead of me and I filled at 3900...
Ah well.
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jl2012
Legendary
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Merit: 1097
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November 20, 2013, 10:49:21 AM |
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SON OF A BITCH
I put in a sell market order at the 4000 CNY wall.
"Pending" popped up, everything looked good.
Some motherfucker dumped right ahead of me and I filled at 3900...
Ah well.
You shouldn't make a market order, especially during the volatile period
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octaft
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November 20, 2013, 10:49:31 AM |
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at least markets smart enough to ignore stamp-glitch rise there
According to the order book, the bid-ask gap is like $50. Not sure if that's correct, considering the sites current problems, but that's what I saw.
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Vycid
Sr. Member
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November 20, 2013, 10:50:42 AM |
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SON OF A BITCH
I put in a sell market order at the 4000 CNY wall.
"Pending" popped up, everything looked good.
Some motherfucker dumped right ahead of me and I filled at 3900...
Ah well.
You shouldn't make a market order, especially during the volatile period Better to get it filled low than completely get screwed when the wall fell. I'm already up 200 CNY/bitcoin... just would've been 300 CNY each if I'd been 5 seconds faster.
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barbs
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November 20, 2013, 10:52:18 AM |
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this is bad, real bad,
Bitstamp ... f* why did i transfer there last night. I may have lost everything.
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gandhibt
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November 20, 2013, 10:52:25 AM |
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SON OF A BITCH
I put in a sell market order at the 4000 CNY wall.
"Pending" popped up, everything looked good.
Some motherfucker dumped right ahead of me and I filled at 3900...
Ah well.
You shouldn't make a market order, especially during the volatile period Better to learn to never ever do a market order =) That's the button just for big manipulators.
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Vycid
Sr. Member
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November 20, 2013, 10:53:20 AM |
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SON OF A BITCH
I put in a sell market order at the 4000 CNY wall.
"Pending" popped up, everything looked good.
Some motherfucker dumped right ahead of me and I filled at 3900...
Ah well.
You shouldn't make a market order, especially during the volatile period Better to learn to never ever do a market order =) That's the button just for big manipulators. Would've been much worse to do a 4000 CNY limit, somebody dumped about 230 coins right ahead of me I believe
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rpietila
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November 20, 2013, 10:53:59 AM |
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Despite having accounts in all exchanges, havent been able to trade a coin today. Perhaps there would be an opportune moment to fix the root of the problem, since otherwise it will not get better, no matter how big bitcoin becomes.
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barbs
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November 20, 2013, 10:56:39 AM |
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Bitstamp... no btc out.. no money in or out... why did i not read about this last night before xfering
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Vycid
Sr. Member
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November 20, 2013, 10:56:47 AM |
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Despite having accounts in all exchanges, havent been able to trade a coin today. Perhaps there would be an opportune moment to fix the root of the problem, since otherwise it will not get better, no matter how big bitcoin becomes. This is not the correct way about it, sorry. We should encourage established forex companies to adopt Bitcoin pairs. If Oanda, for example, adopts Bitcoin (they already track the exchange rate on their site), we will not have these problems again.
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fluidjax
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November 20, 2013, 10:57:21 AM |
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@To the people who are using BTC-China: As I understand it you can't get money out of china? So is the intention to repeatedly create panic selling and increase your BTC holding? Do you think the panics in China will be greater than on Gox?
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Vycid
Sr. Member
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November 20, 2013, 10:59:05 AM |
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@To the people who are using BTC-China: As I understand it you can't get money out of china? So is the intention to repeatedly create panic selling and increase your BTC holding? Do you think the panics in China will be greater than on Gox?
You can get money out of China with fiat, it's just hard and questionably legal. You can always get money out with Bitcoin, and there's zero exchange fees, so I'm just using it to speculate, and if that doesn't go well, I'll arb and avoid losses.
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lucas.sev
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November 20, 2013, 10:59:19 AM |
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@To the people who are using BTC-China: As I understand it you can't get money out of china? So is the intention to repeatedly create panic selling and increase your BTC holding? Do you think the panics in China will be greater than on Gox?
You can if you have friends/friends' parents in China and they are willing to accept a transfer into their account in return for money in cash in your country.
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ChartBuddy
Legendary
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Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2013, 11:01:42 AM |
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niothor
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November 20, 2013, 11:05:56 AM |
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Time for the old "bear - bull" switcheroo ?
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chrsjrcj
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November 20, 2013, 11:06:48 AM |
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*Reads thread* Yup. Looks like a perfect time to buy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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lucas.sev
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November 20, 2013, 11:08:12 AM |
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*Reads thread* Yup. Looks like a perfect time to buy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we had 7 consecutive days of drops in the april bubble. Now question is whether 'this time it's different'.
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cfrm
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November 20, 2013, 11:08:47 AM |
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be fearful when others are greedy and greedy when others are fearful ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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gandhibt
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2013, 11:09:38 AM |
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*Reads thread* Yup. Looks like a perfect time to buy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we had 7 consecutive days of drops in the april bubble. Now question is whether 'this time it's different'. we need to have bigger drop so that this would qualified as a bubble pop so no use to vs april here.
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niothor
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November 20, 2013, 11:10:58 AM |
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*Reads thread* Yup. Looks like a perfect time to buy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we had 7 consecutive days of drops in the april bubble. Now question is whether 'this time it's different'. we need to have bigger drop so that this would qualified as a bubble pop so no use to vs april here. no we don't need , we could still talk about it theoretically ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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