owlbear
Newbie
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Activity: 21
Merit: 0
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December 16, 2013, 03:05:32 PM |
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I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.
To da moon? Anyone? Damn it.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 16, 2013, 03:06:25 PM |
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If there's anything in China rumour, it would be on 3500 yuans til now.
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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December 16, 2013, 03:06:32 PM |
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I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.
To da moon? Anyone? Damn it.
Hey, people on wall street would kill for a few percent profit. You're not getting even a "full" procent at your local bank with your savings account. Be happy! You made a successful trade!
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joburgtaxi
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December 16, 2013, 03:06:59 PM |
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Sorry for my ignorance but what does this chart actually mean?
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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December 16, 2013, 03:08:36 PM |
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Sorry for my ignorance but what does this chart actually mean? From here it looks a massive wall of cash just waiting for the price to get low enough to wash like a tusnami up the charts. Or at least I hope so.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 16, 2013, 03:08:38 PM |
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Sorry for my ignorance but what does this chart actually mean? Asks and bids depth on MtGox portrayed on extremely confusing and stupid artistic way.
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Spaceman_Spiff
Legendary
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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December 16, 2013, 03:09:02 PM |
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Sorry for my ignorance but what does this chart actually mean? Shouldn't we make a sticky out of the answer to this question?
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spooderman
Legendary
Offline
Activity: 1652
Merit: 1029
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December 16, 2013, 03:13:56 PM |
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Sorry for my ignorance but what does this chart actually mean? Shouldn't we make a sticky out of the answer to this question? yes you should
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Vigil
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December 16, 2013, 03:16:27 PM |
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Sorry for my ignorance but what does this chart actually mean? Nothing, which is why I have it ignored.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 03:18:40 PM |
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Sorry for my ignorance but what does this chart actually mean? Nothing, which is why I have it ignored. it means alot. its shows everyones bids and ask. you should not focus solely on the bids and asks to do your trading, but it a useful piece of info.
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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December 16, 2013, 03:19:16 PM |
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Sorry for my ignorance but what does this chart actually mean?
Shouldn't we make a sticky out of the answer to this question? yes you should
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 03:19:26 PM |
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so wow that drop i guess bitmovements really is always right
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 16, 2013, 03:19:28 PM |
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Sorry for my ignorance but what does this chart actually mean? Nothing, which is why I have it ignored. it means alot. its shows everyones bids and ask. you should not focus solely on the bids and asks to do your trading, but it a useful piece of info. You could see it on many other places in some normal, not fancy-confusing way. Ignored for months
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Nemo1024
Legendary
Offline
Activity: 1680
Merit: 1014
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December 16, 2013, 03:19:48 PM |
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1.947 BTC profit after covering my previous losses. Had a couple of near-botched trades on these waves, but managed to recover.
Now I am going to be a disciplined guy and transfer this profit from the exchange and to cold storage.
My current strategy is to trade with a fixed BTC sum. Once I am over it, the excess gets transferred out until both sums are in balance, at which point, I will increase my trading threshold a little.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 03:22:00 PM |
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Sorry for my ignorance but what does this chart actually mean? Nothing, which is why I have it ignored. it means alot. its shows everyones bids and ask. you should not focus solely on the bids and asks to do your trading, but it a useful piece of info. You could see it on many other places in some normal, not fancy-confusing way. Ignored for months this chart is for the pros its not at all confusing when you understand this bid/ask sum, charts.
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owlbear
Newbie
Offline
Activity: 21
Merit: 0
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December 16, 2013, 03:22:06 PM |
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I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.
To da moon? Anyone? Damn it.
Hey, people on wall street would kill for a few percent profit. You're not getting even a "full" procent at your local bank with your savings account. Be happy! You made a successful trade! Thanks, it already feels a little better. Full BTC has been a decent position historically, so let's say I just made a few percent gain on my future millions.
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Vigil
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December 16, 2013, 03:24:32 PM |
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I went full BTC again when I had a chance to buy back at a few percent profit. I'm not good at being bearish.
To da moon? Anyone? Damn it.
Hey, people on wall street would kill for a few percent profit. You're not getting even a "full" procent at your local bank with your savings account. Be happy! You made a successful trade! Thanks, it already feels a little better. Full BTC has been a decent position historically, so let's say I just made a few percent gain on my future millions. Only, if you are trading on Gox you actually lose money even on a few percent gains. I still haven't figured out how that works.
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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December 16, 2013, 03:25:50 PM |
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1.947 BTC profit after covering my previous losses. Had a couple of near-botched trades on these waves, but managed to recover.
Now I am going to be a disciplined guy and transfer this profit from the exchange and to cold storage.
My current strategy is to trade with a fixed BTC sum. Once I am over it, the excess gets transferred out until both sums are in balance, at which point, I will increase my trading threshold a little.
That's actually a good idea for me as well. I do most of my trading on Stamp (My volume there means I have lower fees) but it also means there can be quite a lot of slippage in price when trading. It's not really helpful to keep trading a growing pot as eventually you stop being able to buy/sell all of it at one good price.
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 16, 2013, 03:27:26 PM |
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it is still early for me to buy back, maybe I will wait for 600-650 if this wont happen, than I will withdraw my cash , But I am still not convinced about going up, I think we will be testing the 600 today-tomorrow
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 03:29:08 PM |
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it is still early for me to buy back, maybe I will wait for 600-650 if this wont happen, than I will withdraw my cash , But I am still not convinced about going up, I think we will be testing the 600 today-tomorrow 600$ that way to low, everyone will panic sell into our bids
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