Newbie1022
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November 24, 2014, 10:16:02 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. O.k. Maybe I was a bit snarky with my comment about progress? Yet part of my point was meant to be that I would find it difficult to really play day trading in these kinds of markets when they seem to be manipulated so much... however, there may be strategies and tactics that smaller players can employ, such as what you are suggesting in order to perform better than merely my tactic of buying and holding and attempts at quasi-strategic dollar cost averaging. No hard feelings, man. Holding and averaging is actually a very good tactic especially when you consider slippage and exchange costs. Probably the best is somewhere between you and me -- hold strong, but if the market is really going nuts (a la the past couple months until recently), cut losses occasionally to buy in lower.
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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November 24, 2014, 10:16:13 PM |
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I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore. I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really. I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.
Good luck with your pump and dump coin.
I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.
The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.
We're going up and it's confirmed!
None at the moment. Not sure if i will buy back again. I invest in other things now.
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JimboToronto
Legendary
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Activity: 4088
Merit: 4718
You're never too old to think young.
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November 24, 2014, 10:17:15 PM |
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Time to sell people.
Yep. Sell right after a dump. Then wait for the price to go up before buying back.
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NotLambchop
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November 24, 2014, 10:19:07 PM |
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Alright, Bitcoiners, thought I wouldn't notice you sneaking the price up?! Stop your shenanigans immediately & take it back below 380
I'm going to count to three now One... Two... Two-and-a-half... THREE! Edit: And stay off my lawn!
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octaft
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November 24, 2014, 10:21:34 PM |
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LOL Go out to do some shopping, come back to see the price down by $10 after 3 days of steadily rising prices and the silly little bears are having a picnic again. Better start posting those trainwreck and sinking ship pix. LOL Yeah, because you totally don't stumble in here all smug and shit at every $10 rise.
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YogoH
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November 24, 2014, 10:22:56 PM |
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crazy how 1 dump changes market sentiment so fast
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janos666
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November 24, 2014, 10:24:29 PM |
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crazy how 1 dump changes market sentiment so fast
I rarely say something like this but this does seems like a pre-scripted organized manipulation, executed with surgical precision.
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JimboToronto
Legendary
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Activity: 4088
Merit: 4718
You're never too old to think young.
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November 24, 2014, 10:24:42 PM |
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LOL Go out to do some shopping, come back to see the price down by $10 after 3 days of steadily rising prices and the silly little bears are having a picnic again. Better start posting those trainwreck and sinking ship pix. LOL Yeah, because you totally don't stumble in here all smug and shit at every $10 rise. Actually, I usually caution against posting train and moon pix. https://bitcointalk.org/index.php?topic=178336.msg9642660#msg9642660
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barbs
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November 24, 2014, 10:26:36 PM |
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Bitcoin. Robbing noobs since 2009.
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bobboooiie
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November 24, 2014, 10:27:29 PM |
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same thing happened on stamp like 2-3 times today with smaller dumps.
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Boxman90
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November 24, 2014, 10:27:54 PM |
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Just a heads up;
The walls showing on 376.05 on bitcoinwisdom and 377.21 on Bitstamp's own Tradeview are 100% FAKE.
As in, they dont actually exist. Watch the live data in the "limit order" screen of Bitstamp's trading platform and you'll see.
Especially the fake wall on Tradeview heavily bothers me - Bitstamp itself is giving out false data right now.
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dreamspark
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November 24, 2014, 10:28:17 PM |
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Stamp is officially flipping out. Who knows whats going on over there.
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SkyValeey
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November 24, 2014, 10:28:43 PM |
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SELL ASAP ALERT Time to short again
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lay785
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November 24, 2014, 10:29:30 PM |
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crazy how 1 dump changes market sentiment so fast
I rarely say something like this but this does seems like a pre-scripted organized manipulation, executed with surgical precision. +1
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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November 24, 2014, 10:30:43 PM |
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We actually got past 10k finally? That was the most evil trolling imaginable.
I guess some dumping was inevitable. Let's be around the 450s when Nu years comes, that would make me happy, and wouldn't be an inevitable place to dump.
Slow growth please!
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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November 24, 2014, 10:33:08 PM |
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Where's Shroomsy? It's just not the same without some despondency...
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fonzie
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November 24, 2014, 10:35:53 PM |
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Stamp got hacked by a bear troll. Unlimited non existent ask walls trying discourage the buyers. , or maybe it´s one of their mechanisms to prevent "market manipulation" (huge market dumps) that they integrated a few months ago(can´t find the official statement right now). Could someone please dump 5000 BTC to see if it gets executed immediately? Thanks
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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November 24, 2014, 10:37:01 PM |
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What a silly dump that was, so much slippage.
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JimboToronto
Legendary
Offline
Activity: 4088
Merit: 4718
You're never too old to think young.
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November 24, 2014, 10:39:24 PM |
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What a silly dump that was, so much slippage.
Last ditch attempt to stop the inevitable?
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ShroomsKit
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November 24, 2014, 10:39:57 PM |
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What a silly dump that was, so much slippage.
They don't care. They apparently have shitloads of coins and all the care about is stopping rallies and keeping the price depressed.
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