BitchImightbe
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Activity: 119
Merit: 10
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April 09, 2014, 07:15:12 PM |
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Post some shit in Chinese Wait for panic and fear PROFIT Repeat
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KFR
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April 09, 2014, 07:17:04 PM |
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There we go. That should make sure no Chinese people get to see this thread for a while.
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fonzie
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April 09, 2014, 07:17:16 PM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 09, 2014, 07:22:03 PM |
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Goodbye China
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magicmexican
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April 09, 2014, 07:23:30 PM |
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As i said, when someone suddenly dumps on huobi, expect the link to some "Chinese news" in 5~ hours or so poping up, works like a clock
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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April 09, 2014, 07:23:43 PM |
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Looking at the volume, it appears to be one of the tremors before the big quake. The recovery to $445 is on no volume at all. I pulled one of my re-buy orders until I find out what the hell is going on. How can there be that many limit buy orders with no market-order buying?
There appears to be much expectation for a major liquidity event in the downward direction. There is a minute chance that this is a head-fake by whales, but I seriously doubt it. If you can't spot the sucker at the poker table, then you are the sucker. I'm folding my hand to conserve chips.
What's that mean, exactly? I thought that you were all in Fiat at $456 or $458 or something like that. So at this point, you could buy some BTC back at a profit, no? and then if we dip lower, buy some more... unless you are saying that you are just going to sit out this roller coaster (a kind of train) in fiat? Personally, I would rather sit it out in BTC, but each of us have our own levels of diversification or hedge. A 6$ profit after a $600 drop from the ATH? Yeah, I'll get right on that. That's just it. Since most of my holdings are in cold storage, I'm using my trading stash as a hedge right now. I've seen bitcoin prices go stupid high and stupid low. They are low now, but they aren't stupid low, considering China AND Gox. I'm a Bitcoin true believer, but I think that works against me as a day trader. I'm trying to zero out my bias, but I may be overdoing it. I don't know what to do. I suspect that these buy walls are not there out of demand for cheap coins, but out of fear of a further drop. There is almost nothing on the other side of $400.
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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April 09, 2014, 07:27:27 PM |
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Post some shit in Chinese Wait for panic and fear PROFIT Repeat you have to use a .jpg otherwise someone will cut and past into Google translate.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 09, 2014, 07:29:42 PM |
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Looking at the volume, it appears to be one of the tremors before the big quake. The recovery to $445 is on no volume at all. I pulled one of my re-buy orders until I find out what the hell is going on. How can there be that many limit buy orders with no market-order buying?
There appears to be much expectation for a major liquidity event in the downward direction. There is a minute chance that this is a head-fake by whales, but I seriously doubt it. If you can't spot the sucker at the poker table, then you are the sucker. I'm folding my hand to conserve chips.
What's that mean, exactly? I thought that you were all in Fiat at $456 or $458 or something like that. So at this point, you could buy some BTC back at a profit, no? and then if we dip lower, buy some more... unless you are saying that you are just going to sit out this roller coaster (a kind of train) in fiat? Personally, I would rather sit it out in BTC, but each of us have our own levels of diversification or hedge. A 6$ profit after a $600 drop from the ATH? Yeah, I'll get right on that. That's just it. Since most of my holdings are in cold storage, I'm using my trading stash as a hedge right now. I've seen bitcoin prices go stupid high and stupid low. They are low now, but they aren't stupid low, considering China AND Gox. I'm a Bitcoin true believer, but I think that works against me as a day trader. I'm trying to zero out my bias, but I may be overdoing it. I don't know what to do. I suspect that these buy walls are not there out of demand for cheap coins, but out of fear of a further drop. There is almost nothing on the other side of $400. dont look at the wall, there's MASSIVE support under 400 its just not shown, i have no bids under 400 but i will buy under 400 if we go there.
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fonzie
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April 09, 2014, 07:32:45 PM |
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igorr
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April 09, 2014, 07:45:37 PM |
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Just shorting, I hope you will make big profits.
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fonzie
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April 09, 2014, 07:48:07 PM |
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Just shorting, I hope you will make big profits. MAX SHORTAGE MAX PROFITIt´s not to late to be an early adopter of BTC shorting We are the new wealty ELITE!
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fonzie
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April 09, 2014, 07:50:31 PM |
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magicmexican
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April 09, 2014, 07:54:06 PM |
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^ i see the attention whore going full retard again
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 09, 2014, 07:54:46 PM |
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the thing is china banning all of bitcoin is not the end of bitcoin, its not even the end of bitcoin in china!
bitcoin will be underground in china big deal
thats all been priced in, if you sell now because china, you can't trade
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jonoiv
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April 09, 2014, 07:56:21 PM |
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Just shorting, I hope you will make big profits. MAX SHORTAGE MAX PROFITIt´s not to late to be an early adopter of BTC shorting We are the new wealty ELITE! What software / exchange do you use to short? can you do it on metatrader via btce?
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fonzie
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April 09, 2014, 07:57:27 PM |
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Just shorting, I hope you will make big profits. MAX SHORTAGE MAX PROFITIt´s not to late to be an early adopter of BTC shorting We are the new wealty ELITE! What software / exchange do you use to short? can you do it on metatrader via btce? Yes via Metatrader on BTC-e or quick and easy with leverage on Bitfinex, they are workin through Bitstamp´s orderbook
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ChartBuddy
Legendary
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 09, 2014, 08:00:28 PM |
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fonzie
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April 09, 2014, 08:04:53 PM |
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Can we expect some solid?
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Hypnoise
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April 09, 2014, 08:07:02 PM |
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the thing is china banning all of bitcoin is not the end of bitcoin, its not even the end of bitcoin in china!
bitcoin will be underground in china big deal
thats all been priced in, if you sell now because china, you can't trade
when something banned, price go up. not bad at all
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