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zakalwe
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October 09, 2014, 02:13:25 PM |
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It's going to fast... not good, not good....
and this is why regular people won't touch this market. the market could go up say a few % a week, slow and steady, but instead we continue to get 30%+ swings over the course of a few days. so that momentum traders can make a living This is what makes good btc trading; you can make money trading and also holding (I prefer the second one, it's the safer and you can make ALOT of money. Trust me) dude i have been following btc since it hit $1... i know Yes I know. But there are good chances they will be in gain in a few months. but the people that bought at $1000... well.... |
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conspirosphere.tk
Legendary
 Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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October 09, 2014, 02:15:48 PM |
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1 year ago (pre pump)
now it's pre-re-pump |
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wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
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October 09, 2014, 02:16:35 PM |
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It's going to fast... not good, not good....
and this is why regular people won't touch this market. the market could go up say a few % a week, slow and steady, but instead we continue to get 30%+ swings over the course of a few days. so that momentum traders can make a living This is what makes good btc trading; you can make money trading and also holding (I prefer the second one, it's the safer and you can make ALOT of money. Trust me) dude i have been following btc since it hit $1... i know but the people that bought at $1000... well.... They need to have a little patience. If they cannot .... well .... hahaha.... unfortunately for us those people talk to other people, and hence why if you bother going to any BTC meet ups these days you will see less people than even 1 year ago (pre pump) Well their loss if their hands are weak. The strong shall inherit the Earth. |
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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October 09, 2014, 02:17:29 PM |
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I overlaid the google trends info (red) over bitcoin price. Google trends has been slowly creeping upward for the last 3 months  |
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octaft
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October 09, 2014, 02:25:51 PM |
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Well their loss if their hands are weak. The strong shall inherit the Earth.
By the strong, do you mean the people who were screaming BUY BUY BUY all the way up until the plummet, most based on nothing but greed and looking for a greater fool to increase the value of their own holdings? |
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STT
Legendary
Offline
Activity: 4088
Merit: 1452
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October 09, 2014, 02:27:46 PM |
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I follow a few mainstream traders, just noticed this comment on BTC recent move. I dont think he is bearish going forward exactly but as a trader he is forced to secure profits. My own view is 400 is a general border BTC has to reestablish shorter term but also shows over the last year is fairly significant. Since dollar itself is not a fixed value it might just be psychological point but there it is, we'll see how it goes  http://stocktwits.com/message/27743352 |
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brg444
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October 09, 2014, 02:30:12 PM |
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FNG
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October 09, 2014, 02:32:23 PM |
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1545 btc takes us over $400
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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October 09, 2014, 02:37:16 PM |
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Watching the price write now  |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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October 09, 2014, 02:38:19 PM |
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lol
this is getting ridiculous again but I am ok with it as long as I am making money.
we go up like 25 % in 3 days after a 6 months downtrend.
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dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
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October 09, 2014, 02:40:04 PM |
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Instead of 1000 BTC marketdumps we're now seeing 1000 BTC marketbuys?  |
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nakaone
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October 09, 2014, 02:40:13 PM |
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when do bears get burned? *g*
do not fully understand their shorting games played on bitfinex
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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October 09, 2014, 02:40:13 PM |
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This was the spike I was looking for
Now gonna look to exit at 440 and re-enter at 340
Gonna be cautious though...
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Flatulenters
Member
Offline
Activity: 71
Merit: 16
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October 09, 2014, 02:41:43 PM |
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What is the opposite of a slow bleed? That is what it is looking like right now. Much better than slowly downward though!
Was thinking the exact same thing. |
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KFR
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October 09, 2014, 02:42:41 PM |
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LTC struggling to keep up atm - if that decoupling continues it should be interpreted as very, very bullish.  |
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karolina
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October 09, 2014, 02:45:48 PM |
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LTC struggling to keep up atm - if that decoupling continues it should be interpreted as very, very bullish. At least someone gets it... |
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FNG
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October 09, 2014, 02:48:52 PM |
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LTC struggling to keep up atm - if that decoupling continues it should be interpreted as very, very bullish. I dropped out at .0108. Was in the trade too long anyhow. |
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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October 09, 2014, 02:49:19 PM |
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No retracement allowed, the bears that try it get instant-burned.
380 broken
Burn, baby, BUUUURN!!!
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pinky
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October 09, 2014, 02:51:23 PM |
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Fiat is pouring to Bitstamp.
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ShroomsKit
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October 09, 2014, 02:51:54 PM |
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Wall added at 400.
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