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JorgeStolfi
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March 28, 2014, 01:32:02 AM |
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Since when did you have to be Chinese to trade in China or @Huobi..
AFAIK, since the Dec/2013 edicts you basically needed a Chinese bank account to move money (Yuan) in and out of the exchanges. (IAnd maybe you needed that in order to get an account on the exchange at all?) From their trade volume pattern, Huobi's clientele seems to be almost entirely Chinese. OKCoin may have a significant part of the clientele in other time zones. |
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Zapffe
Newbie
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Activity: 28
Merit: 0
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March 28, 2014, 01:33:33 AM |
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I sound like this because I have been telling all of this since January, but nobody listened and they called me names  I want to play bitcoin, but the other boys are breaking the game because they don't know how to play  Please, tell them that causing slow downtrends isn't how it's done :''( WTF? Are you even invested in BTC? If so, what's your strategy, just play it by ear and get pissed off at charts? I keep saying who cares about charts, unless you rely on something that you do NOT understand. If someone else is relying on something that is less accurate than your method, then more power to you, no? Of course I'm not invested in BTC. I held BTC more then 24h last time during December 2013. To me, it's madness or stupidity, to be holding coins with this market. My point is that these graphs that are presented are fugazi. They are presented by people who are either incompetent or their goal is to spread false information. This in turn is creating an ugly market and I really wanted for BTC to be pretty. You lose quite a bit of credibility by NOT being invested in BTC and then to be making suggestions concerning which investment tools a guy should use or NOT use. I have found that generally the posters providing graphs are putting in a certain level of skin to make their points and projections about the direction of BTC. Yes, on an anonymous forum, we need to take all information with a grain of salt, and I will take your information with even more grains of salt, once I get to know more about your philosophy regarding BTC - and it does NOT match with mine. I have been investing and I have quite a bit in the BTC game. That fact does NOT necessarily make me biased, but gives me various incentives to learn and to take from various sources in order to attempt to maximize my investment possibilities.... And, BTC is NOT my only investment or area of knowledge, so I get what I can out of the various charts, and I find them interesting that posters can attempt to explain various past performance or even to attempt to make predictions based in part on information in the charts.... NO matter what some people are going to have bad motives... and yours seem questionable in my mind at this point - especially given your seeming proclivity to attack people and to denigrate and to assume bad motives where the bad motives have NOT been proven. Don't waste your energy on telling me that I'm cruel, I know already that I can be cruel. Try to use your energy on thinking about the fact that we are on a slow long downtrend, that is hurting most of the people involved with bitcoin, and there is a reason for all of this happening. |
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MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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March 28, 2014, 01:33:50 AM |
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BTC back up over 18 bucks now since my last post in here an hour and half ago... imagine that lol,,,, I said we saw bottom then at 474 ish BTC isn't going to crash. I just don't see it. Screw China.  |
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JayJuanGee
Legendary
 Online
Activity: 3892
Merit: 11103
Self-Custody is a right. Say no to"Non-custodial"
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March 28, 2014, 01:35:57 AM |
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Its 2 AM. I got my popcorn with me, but I must say, I am experiencing a certain level of fear.
Sadly, I can't buy moar, my fiat is running out.
Same here.... that's what I keep saying when guys say that they would buy a shitload of BTC if the price went to $100 per BTC... the problem is I would NOT have any money left by the time it got that low. That's why it is good to day trade during downtrends. If you catch some bounces, you have similar amount of the money all the way down. I manage to do that so far since ATH and actually gained 300-400% but lot of that were some very profitable non btc vs usd trades though. So far I have NOT been good enough at predicting direction... so sometimes I think we are gonna stay in a range for a while, and I get left in the dust.. accordingly, I have been erring on the side of HODL. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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March 28, 2014, 01:37:04 AM |
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bitcoinvest
Legendary
Offline
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
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March 28, 2014, 01:37:19 AM |
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omg just woke up and i see panic sell....
i'm very sorry for the people who sell so low price....
they will regret it within next couple of hours ....
a good day for the wall street bitcoin boys.
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BubbaGumpShrimpinBoatCapn
Newbie
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Activity: 32
Merit: 0
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March 28, 2014, 01:37:22 AM |
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BTC back up over 18 bucks now since my last post in here an hour and half ago... imagine that lol,,,, I said we saw bottom then at 474 ish BTC isn't going to crash. I just don't see it. Screw China. Dead. Cat. Stew. Stew the dead cats China. Stew China. |
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Dr. LY
Member
Offline
Activity: 90
Merit: 10
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March 28, 2014, 01:38:29 AM |
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And time for a retrace. Hopefully a long one.
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MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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March 28, 2014, 01:38:47 AM |
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omg just woke up and i see panic sell....
i'm very sorry for the people who sell so low price....
they will regret it with some hours ....
a good day for the wall street bitcoin boys.
I agree |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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March 28, 2014, 01:38:58 AM |
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Now, I'm usually bad in selling at these bounces, I might just keep what I bought for myself  |
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fonzie
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March 28, 2014, 01:39:01 AM |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 28, 2014, 01:39:27 AM |
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SHORT SQUEEZE FTW lol.
LOve my max leveraged long position @ 475
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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March 28, 2014, 01:41:37 AM |
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I'm really angry that wall street is probably buying cheap coins right now (not much, but any is enough)... they should pay much higher price.
Not likely, haven't spoted any large buys. If they did, they were $540 and $500 walls, otherwise they didn't get much coins. True... but I think they are playing smart here. Buying more like 100 coin in a time and not going big, at least not yet. I think the going theory is that if they're smart, they're not buying on an exchange. True, but how many off-exchange coins are now in the hands of hodlers? There's no ask walls, so anyone wanting to buy has to build bid walls, which may buy me enough time to sell my motorcycle or rob a liquor store so I can post margin. I'm on my third pack of cigarettes today. Hope my kids like community college. |
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fonzie
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March 28, 2014, 01:42:09 AM |
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SHORT SQUEEZE FTW lol.
LOve my max leveraged long position @ 475
@ Chessnut , congratulations, it seems to be an awesome trading day with lots of opportunities that many in here enjoy  |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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March 28, 2014, 01:43:50 AM |
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that is one seriously fast moving price
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boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
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March 28, 2014, 01:44:52 AM |
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I'm really angry that wall street is probably buying cheap coins right now (not much, but any is enough)... they should pay much higher price.
Not likely, haven't spoted any large buys. If they did, they were $540 and $500 walls, otherwise they didn't get much coins. True... but I think they are playing smart here. Buying more like 100 coin in a time and not going big, at least not yet. I think the going theory is that if they're smart, they're not buying on an exchange. True, but how many off-exchange coins are now in the hands of hodlers? There's no ask walls, so anyone wanting to buy has to build bid walls, which may buy me enough time to sell my motorcycle or rob a liquor store so I can post margin. I'm on my third pack of cigarettes today. Hope my kids like community college. Haha, don't panic Now, I'm usually bad in selling at these bounces, I might just keep what I bought for myself You are thinking it will go higher and then it goes down again |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 28, 2014, 01:46:28 AM |
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feels like we have unleashed some kind of half bear half bull bitcoin beast!
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
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March 28, 2014, 01:49:43 AM |
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The older a coin is, and the longer it's stayed put at the same address, the higher the day destroyed number is when it moves.
If it was a recently created coin that was sold back and forth all over the place it wouldn't cause much of a blip in comparison.
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uhoh
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March 28, 2014, 01:49:52 AM |
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I understand more than your average human about bitcoin, however:
What does it mean to "destroy a bitcoin day" please? What is a "bitcoin day?"
Okay how are days destroyed?
"...you multiply the amount of each transaction by the number of days since those coins were last spent. So, 1 bitcoin that hasn't been spent in 100 days (1 bitcoin * 100 days) counts as much as 100 bitcoins that were just spent yesterday (100 bitcoins * 1 day). Because you can think of these "bitcoin days" as building up over time until a transaction actually occurs, the actual measure is called "bitcoin days destroyed". This is believed to give a better indication of how much real economic activity is occurring on the bitcoin network." http://bitcoin.stackexchange.com/a/847 |
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