JimboToronto
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Activity: 4172
Merit: 4816
You're never too old to think young.
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June 30, 2014, 07:40:51 AM |
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Bots had their trigger conditions met?
Golly. D'ya think?
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elebit
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June 30, 2014, 07:41:17 AM |
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you know during a btc bubble phase. do alys fall first during early bubble phase and then shoot up towards the end? what happened last time?
A bubble is not a bubble on a microscopic time scale. It takes months. But to answer your question: There are always bear traps in a bull market. There are always bull traps in a bear market. If you think every little swing is a trend reversal you will lose money on every trade.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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June 30, 2014, 07:43:26 AM |
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STAMP Daily MACD just went
Grrreeeennnnnnnn!
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blatchcorn
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June 30, 2014, 07:43:35 AM |
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you know during a btc bubble phase. do alys fall first during early bubble phase and then shoot up towards the end? what happened last time?
A bubble is not a bubble on a microscoping time scale. It takes months. But to answer your question: There are always bear traps in a bull market. There are always bull traps in a bear market. If you think every little swing is a trend reversal you will lose money on every trade.This is exactly why you should never listen to Terra.
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hmmmstrange
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June 30, 2014, 07:44:38 AM |
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Jorge, I'm trying to figure out how you can have so much free time? You don't believe in Bitcoin, yet you're here ALL day every fkn day writing pure nonsense. What's your motivation? How come you care this much?
Jorge has made a killing off of bitcoin, without ever owning any.
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YipYip
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June 30, 2014, 07:45:23 AM |
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On Bitstamp, BTC-e, and Bitfinex, there was a surge in volume (peaking at 300-700 BTC/min) while the price was shooting up, but when the rally stalled then volume dropped again to the very low levels it had before (10-30 BTC/min).
On Huobi and OKCoin, volume surged to about the same levels (~600 BTC/min) during the rally, but then it remained high (~120 BTC/min) while the price wandered between ~3800 and ~3820.
Need I say that I see that as evidence that the rally happened in China, and the trades in the West were mainly arbitrage?
Why are you so obsessed with the Chinese having to lead the exchanges? Its clear that stamp/finex led this based on how much they moved up (15-20 $) while huobi went up around $10. The volume can easily be explained by the fact that the chinese exchanges have no trading fees. As an example some Chinese traders may be selling during the rally to buy back a few minutes later at a little lower price, which isn't as easy if there are trading fees that will cut into profit. He is obsessed with himself. He picks a subject on a busy forum that will get lots of attention to him. It's all about him. He has no interest in Bitcoin. He uses it to get attention. It would be great if you stopped quoting that idiot. AGreed ..oxygen thief...just ignore the moron he needs help
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beetcoin
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June 30, 2014, 07:45:51 AM |
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oh man, we haven't been this far past the 600 barrier in a few weeks. tomorrow will be the first monday after the firesale..
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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June 30, 2014, 07:46:41 AM |
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you know during a btc bubble phase. do alys fall first during early bubble phase and then shoot up towards the end? what happened last time?
A bubble is not a bubble on a microscoping time scale. It takes months. But to answer your question: There are always bear traps in a bull market. There are always bull traps in a bear market. If you think every little swing is a trend reversal you will lose money on every trade. no thats not what i mean. i know about bull trends bear trends and reversals. i dont day trade but i know when longer term trends are trading etc. i mean on a longer scale. if btc goes up in value enough to cause some alts to be over valued in terms of usd, you would expect a sell off of the alt to equalise the price right? but when btc goes parabolic (november run) theres a shit ton of money that flows in and you would expect some to reach alts causing a rise in alts. so it seems like it would make most sense if there was a slow decline in alts first(for the first few weeks) and then in the last weeks a fast growth as "new money" flows into the alts.? im wondering am i right in saying that? is that what happened in november?
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windjc
Legendary
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Activity: 2156
Merit: 1070
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June 30, 2014, 07:49:37 AM |
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you know during a btc bubble phase. do alys fall first during early bubble phase and then shoot up towards the end? what happened last time?
A bubble is not a bubble on a microscoping time scale. It takes months. But to answer your question: There are always bear traps in a bull market. There are always bull traps in a bear market. If you think every little swing is a trend reversal you will lose money on every trade. no thats not what i mean. i know about bull trends bear trends and reversals. i dont day trade but i know when longer term trends are trading etc. i mean on a longer scale. if btc goes up in value enough to cause some alts to be over valued in terms of usd, you would expect a sell off of the alt to equalise the price right? but when btc goes parabolic (november run) theres a shit ton of money that flows in and you would expect some to reach alts causing a rise in alts. so it seems like it would make most sense if there was a slow decline in alts first(for the first few weeks) and then in the last weeks a fast growth as "new money" flows into the alts.? im wondering am i right in saying that? is that what happened in november? You are right. That is what happened in November. However, the market is smarter now. Alts will go up sooner as people try to front run this phenomena.
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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June 30, 2014, 07:51:01 AM |
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you know during a btc bubble phase. do alys fall first during early bubble phase and then shoot up towards the end? what happened last time?
A bubble is not a bubble on a microscoping time scale. It takes months. But to answer your question: There are always bear traps in a bull market. There are always bull traps in a bear market. If you think every little swing is a trend reversal you will lose money on every trade. no thats not what i mean. i know about bull trends bear trends and reversals. i dont day trade but i know when longer term trends are trading etc. i mean on a longer scale. if btc goes up in value enough to cause some alts to be over valued in terms of usd, you would expect a sell off of the alt to equalise the price right? but when btc goes parabolic (november run) theres a shit ton of money that flows in and you would expect some to reach alts causing a rise in alts. so it seems like it would make most sense if there was a slow decline in alts first(for the first few weeks) and then in the last weeks a fast growth as "new money" flows into the alts.? im wondering am i right in saying that? is that what happened in november? You are right. That is what happened in November. However, the market is smarter now. Alts will go up sooner as people try to front run this phenomena. ok thanks.
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FNG
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June 30, 2014, 07:51:44 AM |
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oh man, we haven't been this far past the 600 barrier in a few weeks. tomorrow will be the first monday after the firesale..
it's monday in most of the world
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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June 30, 2014, 07:53:13 AM |
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It's nice that my alarms actually worked for once, now how to figure when to close open positions...
Should one just close now and take the profits?
Or do you just let it run and continue to let the fees eat away at profits?
Sorry for noob questions.
dear noob. If you're a noob, maybe you shouldn't use leverage. Also: if you take profit in USD you're doing that bitcoin-thing wrong. Please consider the option of closing your leveraged long position and just buying some bitcoin outright. No continiual fees attached. Thanks molecular, sorry I wasn't more clear, I've just started playing with leverage on btc.sx -it's a pure bitcoin play. I'm all out of fiat, and my mining income just isn't cutting it for me anymore, so I figured leverage looked fun. Thanks for the advice anyways tho
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ChartBuddy
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Activity: 2338
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 30, 2014, 08:00:38 AM |
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 30, 2014, 08:01:15 AM Last edit: June 30, 2014, 08:12:56 AM by freedomno1 |
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oh man, we haven't been this far past the 600 barrier in a few weeks. tomorrow will be the first monday after the firesale..
it's monday in most of the world I heard it was not a firesale but a premium sale expect a premium uptick in my opinion Source in Bitlegal http://bitlegal.net/http://www.coindesk.com/barry-silbert-data-secondmarket-us-marshal-auction-syndicate/Silbert also noted that the total value of the bids was 48,013 BTC or roughly $28.4m. At press time, the market value of the 30,000 BTC was roughly 17.7m. Edit In: Reading those comments maybe it was below.
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kryptopojken
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June 30, 2014, 08:02:11 AM |
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Jorge, I'm trying to figure out how you can have so much free time? You don't believe in Bitcoin, yet you're here ALL day every fkn day writing pure nonsense. What's your motivation? How come you care this much?
Jorge has made a killing off of bitcoin, without ever owning any. The only 'killing' Jorge has done, is of his precious time. Life is short prof, stop tweeting and spreading bs on bitcointalk
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mizzle
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Activity: 23
Merit: 0
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June 30, 2014, 08:04:43 AM |
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so if what Silbert is saying is right each coin sold for around = $945 USD
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windjc
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Activity: 2156
Merit: 1070
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June 30, 2014, 08:05:48 AM |
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so if what Silbert is saying is right each coin sold for around = $945 USD
The amount of speculative bad math around here is truly amazing.
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JorgeStolfi
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June 30, 2014, 08:08:21 AM |
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so if what Silbert is saying is right each coin sold for around = $945 USD
Beware, the dollar amounts may have been added by CoinDesk based on the current price. Barry's tweet gave only the num of bidders, num of bids, and the total BTC.
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jl2012
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Activity: 1792
Merit: 1111
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June 30, 2014, 08:09:26 AM |
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Silbert said this and ONLY this: Results of our US Marshals bitcoin syndicate:
Bidders - 42 Bids received - 186 BTC quantity bid - 48,013
Winners notifed by USMS on Mon Anything else is just BS
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mizzle
Newbie
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Activity: 23
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June 30, 2014, 08:12:29 AM |
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ya sorry its 48,013 coin bid. so if what he is saying is the amount of btc bid on the amount for sale. 48013 / 30000 = 1.6 btc per 1 btc sold by the government. someone do the math i can't, how much of an increase by percent ?
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