Brewins
Legendary
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Activity: 1120
Merit: 1000
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November 24, 2014, 09:04:54 PM |
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huobi broke 2400!
Huobi crossed $390(no one cares about the chinese coin) and bitstamp about to follow |
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YogoH
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November 24, 2014, 09:07:13 PM |
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dumping posts for btc
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Newbie1022
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November 24, 2014, 09:08:43 PM |
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Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm... I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange.  Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress! |
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Newbie1022
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November 24, 2014, 09:11:11 PM |
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In at 344, out at 389, shorting now (and only for a short while) at 389 with a stop loss at 393... I think we hit a proximate top.
Quickly realized I spoke too soon -- $40 down the drain... no big. Up big on the day and looks like it'll keep moving now that we cleared 390.
Hahahaha.. Gotta love the smart traders who take my advice and short this action. Yea, this is starting to feel manufactured. I'm just sitting out now. Market action at the 2400 crossing was too screwy. Normally you pop above and you get quite a run... here, we popped, stalled, and turned. Seems like a trap of sorts. Just watching numbers move now. |
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janos666
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November 24, 2014, 09:11:22 PM |
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As is custom, price started to decline after a roadblock (2400 CNY wall) got cleared out of the way. Panic-countdown: 10, 9 ...
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YogoH
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November 24, 2014, 09:13:20 PM |
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I think China is just waiting for stamp, they don't wanna float away like last time.
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Pierre11
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November 24, 2014, 09:13:33 PM |
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As is custom, price started to decline after a roadblock (2400 CNY wall) got cleared out of the way. Panic-countdown: 10, 9 ...
Where do people find these cny stats? |
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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November 24, 2014, 09:14:49 PM |
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p. 1066 the battle of BTC vs. Guv paper
History about to be made
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Pierre11
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November 24, 2014, 09:18:16 PM |
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p. 1066 the battle of BTC vs. Guv paper
History about to be made
Please translate into English that can be understood by the average james |
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Brewins
Legendary
Offline
Activity: 1120
Merit: 1000
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November 24, 2014, 09:20:03 PM |
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I think China is just waiting for stamp, they don't wanna float away like last time.
They are waiting to wake up. In 12 hours we are going to test 400 or above |
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JayJuanGee
Legendary
 Online
Activity: 3766
Merit: 10443
Self-Custody is a right. Say no to"Non-custodial"
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November 24, 2014, 09:21:44 PM |
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Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm... I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange. Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress! Progress.. yeah right!!! Who really knows what price is going to do when there are big whale manipulators that can change the direction of the price at any minute. However, it does seem logical that BTC prices are NOT going to experience any major exponential growth until after the auction on December 4... however, even that big event is NOT any guarantee in how exactly it will affect BTC prices. Surely, I do NOT claim to know anything about day trading.. but it does seem that we are soon going to be transitioning from a bear market to a bull market. |
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Newbie1022
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November 24, 2014, 09:23:54 PM |
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Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm... I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange. Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress! Progress.. yeah right!!! Who really knows what price is going to do when there are big whale manipulators that can change the direction of the price at any minute. However, it does seem logical that BTC prices are NOT going to experience any major exponential growth until after the auction on December 4... however, even that big event is NOT any guarantee in how exactly it will affect BTC prices. Surely, I do NOT claim to know anything about day trading.. but it does seem that we are soon going to be transitioning from a bear market to a bull market. I never said anything to the contrary. In fact, I think I may actually be in full agreement with 100% of what you wrote except for the snark. Another part of progress -- setting narrow stop losses at pivot points... so that if I get the wrong direction at least it doesn't hurt much... if I get the right direction then I ride it. |
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virtuexru
Member
Offline
Activity: 75
Merit: 10
litecoin!
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November 24, 2014, 09:25:57 PM |
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Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm... I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange. Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress! Progress.. yeah right!!! Who really knows what price is going to do when there are big whale manipulators that can change the direction of the price at any minute. However, it does seem logical that BTC prices are NOT going to experience any major exponential growth until after the auction on December 4... however, even that big event is NOT any guarantee in how exactly it will affect BTC prices. Surely, I do NOT claim to know anything about day trading.. but it does seem that we are soon going to be transitioning from a bear market to a bull market.That sir, is a very contradictory sentence. Lol. |
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NotLambchop
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November 24, 2014, 09:26:52 PM |
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This communist kindergarten is really turning into a handful.
Regardless, I'll be there for you when this is over. With my [taken for granted] compassion, and clean hankies to dry your tears.
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virtuexru
Member
Offline
Activity: 75
Merit: 10
litecoin!
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November 24, 2014, 09:30:41 PM |
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This communist kindergarten is really turning into a handful.
Regardless, I'll be there for you when this is over. With my [taken for granted] compassion, and clean hankies to dry your tears.
Keep shorting bro, love to watch you squirm. |
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janos666
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November 24, 2014, 09:34:05 PM |
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Meanwhile at Bitstamp HQ:  OKCoin walleater guy:  |
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NotLambchop
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November 24, 2014, 09:35:29 PM |
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@virtuexru: No serious money in play right now, just munchin' on popcorn. |
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NotLambchop
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November 24, 2014, 09:39:04 PM |
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Lol, like a rock   |
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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November 24, 2014, 09:39:10 PM |
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YogoH
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November 24, 2014, 09:39:17 PM |
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big bad bear is back
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Poll
