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joburgtaxi
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December 21, 2013, 10:48:44 AM |
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Looks like this is going to be a slow burn to the bottom
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Searing
Copper Member
Legendary
 Offline
Activity: 2898
Merit: 1464
Clueless!
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December 21, 2013, 10:51:57 AM |
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daytraders, whats your actual timeframe you speculate on? 2h?
5 minutes for quick in and out movements 15 minutes to denote the local end of a sharp crash for the day 1 hour to predict a nice breakout. 4 hour to go all in 1 day for da cold storage hodling I rarely buy and sell the same day (except when arbing, but that kinda died out with BTC China). Actually made only 3 major moves on our way down from the top: - sell at 925-870 - buy at 670-420 - sell at 610-720 Next I will buy back cheaply. nice  i did buy some @ 550, 480, 460, 440 and will hold until 2015 or longer yeah me too.....if this whole BTC thing does not work out...the virtual BTC coin will take up less room then the Cats would in my retirement anyway! (win/win) |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 21, 2013, 10:57:29 AM |
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good morning guys, so what happened last night ? I see a dump that brought us to 550 and it seems that this appeared only on stamp ....
Hmm yeah what's up with that 2.6k market sell that brought stamp to $550? Is that a glitch cause the market didn't react at all There are no glitches. That was an attempt to trigger the panic prematurely. and I guess it is the same guy who have an open order at 550, one wall of over 2700 BTC |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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December 21, 2013, 10:59:49 AM |
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daytraders, whats your actual timeframe you speculate on? 2h?
5 minutes for quick in and out movements 15 minutes to denote the local end of a sharp crash for the day 1 hour to predict a nice breakout. 4 hour to go all in 1 day for da cold storage hodling I rarely buy and sell the same day (except when arbing, but that kinda died out with BTC China). Actually made only 3 major moves on our way down from the top: - sell at 925-870 - buy at 670-420 - sell at 610-720 Next I will buy back cheaply. Do you see the market testing the old april ATH? In a way, yes. But I would be surprised if we go even near it in actual dollars. The "battle of ATH" in the way up was fought at about $200. Now I think it is fought in 300s. Longer analysis. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 21, 2013, 11:08:53 AM |
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I have a bad feeling about this trend, I am afraid that we will see a new low over the next couple of days  |
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gandhibt
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December 21, 2013, 11:11:20 AM |
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I have a bad feeling about this trend, I am afraid that we will see a new low over the next couple of days how much did you sell?  |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 21, 2013, 11:16:38 AM |
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I have a bad feeling about this trend, I am afraid that we will see a new low over the next couple of days how much did you sell? allot edit: not yet but I am waiting for almost one hour and no confirmation yet, but yes I will sell allot, I am still making profit as I bought at $550 |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 21, 2013, 11:18:34 AM |
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1 hour since the last Block  |
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gandhibt
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December 21, 2013, 11:20:13 AM |
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I have a bad feeling about this trend, I am afraid that we will see a new low over the next couple of days how much did you sell? allot edit: not yet but I am waiting for almost one hour and no confirmation yet, but yes I will sell allot, I am still making profit as I bought at $550 good for you! its a bit risky, but no risk - no gain |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 21, 2013, 11:28:13 AM |
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1 hour and 10 minutes since last block !!!!  |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 21, 2013, 11:33:22 AM |
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1 hour since the last Block Difficulty to the moon! ok there is a block but my transaction wont be even proceeded yet, I am still on queue !!!   |
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FNG
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December 21, 2013, 11:40:56 AM |
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crash created record growth of reddit sub  New blood coming in |
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flynn
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December 21, 2013, 11:46:53 AM |
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I have a bad feeling about this trend, I am afraid that we will see a new low over the next couple of days There is a strong support @ 630 |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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December 21, 2013, 11:59:33 AM |
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1 hour since the last Block Difficulty to the moon! New ATH in difficulty! More than 1 billion! |
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ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 21, 2013, 12:01:51 PM |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 21, 2013, 12:03:29 PM |
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WTF another Block and my transaction still not included !!!!! I didn't pay any fee thought....I missed 610 and 600 and now it is 592.... F#$% the free transaction  |
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Voodah
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December 21, 2013, 12:06:59 PM |
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WTF another Block and my transaction still not included !!!!! I didn't pay any fee thought....I missed 610 and 600 and now it is 592.... F#$% the free transaction Why wouldn't you pay a 0.0001 fee at the least?? |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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December 21, 2013, 12:07:28 PM |
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I have a bad feeling about this trend, I am afraid that we will see a new low over the next couple of days There is a strong support @ 630 It will probably fall, since other exchanges are leading lower. I doubt that the 640 bid wall in Gox wants to get eaten. The market is clearly looking for blood, and my question is whether it will bounce back at 500 or go all the way down to new lows. |
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