seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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March 28, 2014, 01:49:54 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 No, I usually buy very close to bottom then sell too early on the bounce. Since I find -500 coins as good price I might just keep them all this time. |
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fonzie
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March 28, 2014, 01:50:22 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?"
An average Bitcoin day usually contains about 16 hours Bitcoinwisdom.com - Bitcoin paranoid app during sleeping. Alcohol, drugs and bad food. I wouldn´t call those days destroyed but others might |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 28, 2014, 01:51:54 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?"
if you move coins that were really old sitting in cold storage for a long time this will make bitcoin days destroyed spike more then coins that move around daily. its measuring the bitcoin transactions but adding weight to older coins |
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chessnut
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Activity: 924
Merit: 1001
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March 28, 2014, 01:52:24 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  How did buying in at 560 yesterday go for you Chessnut? well I dont post my losers, I got out at a bounce to 555, after Huobi went nuts. small loss. Though I did buy at 562, and got out 577 before this fiasco. ps. good job keeping tabs creekbore  |
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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March 28, 2014, 01:52:31 AM |
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puh for a second I thought my short at 474 would get squeezed
I'll see where this goes now from the sidelines
You shorted at $474? Are you fckin nuts? Short at $474 is no good... |
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rocks
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Activity: 1153
Merit: 1000
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March 28, 2014, 01:52:53 AM |
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Stop going back up, I want cheaper coins.
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fonzie
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March 28, 2014, 01:53:23 AM |
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Bitstamp decoupling from Huobi like it did with Gox? 45$ difference now
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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, 01:53:24 AM |
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Don't waste your energy on telling me that I'm cruel, I know already that I can be cruel.
Fair enough. However, I believe that NOT only was I saying that you were cruel, I was also suggesting that there is a certain amount of lack of foundation to your criticisms. You are criticizing something for the sake of criticizing, but you do NOT have anything meaningful to offer as a substitute. And, even your criticism of the contribution is exaggerated to such an extent that the criticism loses its persuasiveness. 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.
You are lacking specifics here in terms of the time line that you are talking about. Are you saying that we are going to zero or $300 or what? And, then are we moving back up? Ok. you are a bear who is NOT invested in BTC, but you want to save us investors from BTC. I think that there is enough information out there that we do NOT necessarily need someone coming to the thread and just criticising and saying sell, sell, sell. That is NOT really helpful. Anyhow, I do NOT have any problems with posters believing that BTC price is bearish.. as long as they can back it up with particulars and reasons.. most of the time, the back up is bullshit... just like you see in the mainstream press.. lack of foundation... some truth, but mostly inaccurate. So if you are making some prediction about a downward trend, you need to be more specific. I generally see upward, if I look from 2011 to present. Went from less than a $1 per BTC to $500-ish per BTC.... that seems upward to me, in a very short period of time... less than 4 years. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 28, 2014, 01:54:33 AM |
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shit i knew i should've gone all in, oh well i got my fair share...
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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March 28, 2014, 01:56:02 AM |
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shit i knew i should've gone all in, oh well i got my fair share...
Yeah, I haven't went all in too. Spent some 65% of fiat I had. |
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spooderman
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Activity: 1652
Merit: 1029
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March 28, 2014, 01:56:17 AM |
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thank you all for telling me what bitcoin days are |
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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March 28, 2014, 01:56:32 AM |
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on sale for 505 yet, going, going..
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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March 28, 2014, 01:57:27 AM |
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first profit taking wall at 515
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rjp55
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March 28, 2014, 01:58:10 AM |
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feels like we have unleashed some kind of half bear half bull bitcoin beast!
Hardest I've ever laughed reading through this thread. |
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TERA
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March 28, 2014, 02:00:26 AM |
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There's always this sharp rebound when the price enters a new area (breaks a support level) and goes down hard due to a thin order book area. It is as if the price is trying to deny that it went there and say that the drop was due to a glitch. Eventually it falls back down.
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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March 28, 2014, 02:00:39 AM |
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after the wall, the next fib is 528
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ChartBuddy
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Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 28, 2014, 02:00:50 AM |
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uhoh
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March 28, 2014, 02:05:03 AM |
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totally unpredictable market... ...see you when the next bubble is in full swing (April 29th).  |
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chessnut
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Activity: 924
Merit: 1001
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March 28, 2014, 02:06:08 AM |
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totally unpredictable market...
...see you when the next bubble is in full swing (April 29th).
I beg to differ. LOVE being an EW analyst now. price action, volume, sentiment.... I can read it like a book. |
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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, 02:07:23 AM |
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Stop going back up, I want cheaper coins.
$10 sucky sucky economist coins? EDIT: hmm... how about suckycoin? Fixed rate of $10 Sometimes, it seems that the chance for the cheap coin comes, and guys may NOT recognize the buy opportunity.. and before you know it, the opportunity IS GONE.... still pretty cheap coins, CURRENTLY at $500, but it was even better at $465... I bought at $485, and I feel pretty good about that.. even though I could have gotten them a little cheaper....and MAYBE just MAYBE the opportunity will come again within the next 24 hours... I think my next buy point will be around $460-ish... depending upon how long it takes to get there.... and if we do get there. |
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