|
TERA
|
 |
April 15, 2014, 08:15:41 AM |
|
We all know why there is a rally right now. It doesn't take a train scientist to figure it out.
Enlighten us, TERA, our Prophet! 4/15 |
|
|
|
|
|
lemonte
|
|
April 15, 2014, 08:17:19 AM |
|
We all know why there is a rally right now. It doesn't take a train scientist to figure it out.
 |
|
|
|
|
|
jonoiv
|
|
April 15, 2014, 08:21:07 AM |
|
|
|
|
|
|
windjc
Legendary
 Offline
Activity: 2156
Merit: 1070
|
|
April 15, 2014, 08:21:50 AM |
|
My question is what good news has come out of China?
That they haven't completely closed down operations? Is that the good news?
I mean, how easy is it for the normal Chinese investor, much less mom or pop, to get money into a bitcoin exchange in China? Not easy.
Right now these markets are like 98% day traders just following each other around in circles. There is no fresh fiat coming in anywhere (and by "no" I mean no substantial bull market fiat).
|
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
April 15, 2014, 08:22:40 AM |
|
Yep. Headed straight for 3200 and the trendline. Wonder whats going to happen then? |
|
|
|
|
|
TERA
|
|
April 15, 2014, 08:23:31 AM |
|
My question is what good news has come out of China?
That they haven't completely closed down operations? Is that the good news?
I mean, how easy is it for the normal Chinese investor, much less mom or pop, to get money into a bitcoin exchange in China? Not easy.
Right now these markets are like 98% day traders just following each other around in circles. There is no fresh fiat coming in anywhere (and by "no" I mean no substantial bull market fiat).
I wouldn't be suprised if Huobi's bank account was closed and nobody noticed because everything there is fake anyway. |
|
|
|
|
chessnut
Legendary
Offline
Activity: 924
Merit: 1001
|
|
April 15, 2014, 08:23:52 AM |
|
My question is what good news has come out of China?
That they haven't completely closed down operations? Is that the good news?
I mean, how easy is it for the normal Chinese investor, much less mom or pop, to get money into a bitcoin exchange in China? Not easy.
Right now these markets are like 98% day traders just following each other around in circles. There is no fresh fiat coming in anywhere (and by "no" I mean no substantial bull market fiat).
evidence please. prove there is no fresh fiat. order books are growing every day. |
|
|
|
|
|
jonoiv
|
|
April 15, 2014, 08:26:07 AM |
|
Yep. Headed straight for 3200 and the trendline. Wonder whats going to happen then? The BTC gods will decide i guess. EDIT: the TA would suggest back down to 2200. |
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
April 15, 2014, 08:26:13 AM |
|
Sorry windjc
But you going bear was a pretty strong buy signal
You were one of my favourite posters before but now you need to realize your losses and move the fuck on
My losses? I've made over 40k in the last 10 days. No losing trades. Im fully fiat right now, ready to move back in. If we go to 600 then I might incur some losses.  |
|
|
|
|
|
octaft
|
|
April 15, 2014, 08:28:16 AM |
|
Sorry windjc
But you going bear was a pretty strong buy signal
You were one of my favourite posters before but now you need to realize your losses and move the fuck on
My losses? I've made over 40k in the last 10 days. No losing trades. Im fully fiat right now, ready to move back in. If we go to 600 then I might incur some losses. You were one of his favorite posters until you disagreed with him. |
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
April 15, 2014, 08:28:50 AM |
|
This is such a weak recovery.
I set my first short at 478 and it hasn't even hit that one yet. I think I may pull the ones above 510, because it doesn't even seem like remotely possible that this rally gets above that. Unless there is some unexpected volume coming in that I don't know about.
I agree with TERA that there just is not enough money on the order books to keep this market afloat at these levels.
I was really hoping I could short all the way up to 525. I hope we can get at least one more leg up. At least a push to 500.
Come on men. Lets get out those train and moon pics! Now is the time.
... bring it on losers, I want to hear those bears squeal. If we break any meaningful trendline and have continuation on high volume then I will gladly become a bull and route for 5k in 2014 But who is going to have the balls to go all in long at $525? Tell us now. |
|
|
|
|
|
dreamspark
|
|
April 15, 2014, 08:29:13 AM |
|
Sorry windjc
But you going bear was a pretty strong buy signal
You were one of my favourite posters before but now you need to realize your losses and move the fuck on
My losses? I've made over 40k in the last 10 days. No losing trades. Im fully fiat right now, ready to move back in. If we go to 600 then I might incur some losses. You were one of his favorite posters until you disagreed with him. Isn't that how it works, story to fit the motive etc  |
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
April 15, 2014, 08:31:26 AM |
|
My question is what good news has come out of China?
That they haven't completely closed down operations? Is that the good news?
I mean, how easy is it for the normal Chinese investor, much less mom or pop, to get money into a bitcoin exchange in China? Not easy.
Right now these markets are like 98% day traders just following each other around in circles. There is no fresh fiat coming in anywhere (and by "no" I mean no substantial bull market fiat).
I wouldn't be suprised if Huobi's bank account was closed and nobody noticed because everything there is fake anyway. I've had that thought more than once. They don't have an incentive to be honest about their volume. They only make money on deposits. So do anything to try and attract deposits. |
|
|
|
|
|
TERA
|
|
April 15, 2014, 08:32:08 AM |
|
It's very difficult to remain rational when the price is moving significantly. Those who can do this will be the most profitable traders.
|
|
|
|
|
Dr. LY
Member
Offline
Activity: 90
Merit: 10
|
|
April 15, 2014, 08:33:08 AM |
|
I don't have any clue wtf to do now.
I bought my first btc at around 680 because there were "cheap coins."
I bought more on the way down to 500 to "cost average"
I put almost my entire savings at 480
Then everyone said if it broke 400 we were screwed and there was NO good news from China at all so I sold at 399.
So wtf do I do now? I've lost thousands and the money hasn't hit my bank account so I can't even buy back in. Wtf do i do?
|
|
|
|
|
cee-euros
Member
Offline
Activity: 88
Merit: 10
|
|
April 15, 2014, 08:33:30 AM |
|
nmc made people rich just now.
|
|
|
|
|
windjc
Legendary
Offline
Activity: 2156
Merit: 1070
|
|
April 15, 2014, 08:36:15 AM |
|
It's very difficult to remain rational when the price is moving significantly. Those who can do this will be the most profitable traders.
... yes you should short, it seems the rational thing to do right now ... put it all on red and go short please. Actually you are about 1000x more right than you realize. |
|
|
|
|
|
Todorius
|
|
April 15, 2014, 08:37:08 AM |
|
nmc made people rich just now.
I wouldn't say only namecoin. The alts in general seem to experience a pretty nice surge now. |
|
|
|
|
|
TERA
|
|
April 15, 2014, 08:37:24 AM |
|
It's very difficult to remain rational when the price is moving significantly. Those who can do this will be the most profitable traders.
... yes you should short, it seems the rational thing to do right now ... put it all on red and go short please. This is not selling time, or buying time. It is do nothing time. |
|
|
|
|
|
jonoiv
|
|
April 15, 2014, 08:38:22 AM |
|
I don't have any clue wtf to do now.
I bought my first btc at around 680 because there were "cheap coins."
I bought more on the way down to 500 to "cost average"
I put almost my entire savings at 480
Then everyone said if it broke 400 we were screwed and there was NO good news from China at all so I sold at 399.
So wtf do I do now? I've lost thousands and the money hasn't hit my bank account so I can't even buy back in. Wtf do i do?
All ideas and opinions here are just that. No one can or shuld pretend to be able to give you the answers. At the moment there are some bulls that think we will be over 700 in a few short days / weeks. Like wise there are bulls that see 300 as coming up soon. |
|
|
|
|
|
Poll
