We`ve hit the top. Now return to "normal" TA

[Rampion]

Next stop:



Verry low i think

Very low? Very low is below $20 my friend. Anything above $20 is still huge gains compared to where we were just at the end of 2012.

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw

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[arepo]

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw

any time any says this on the forums, they are showing their hand. expect to be undercut by every single lurker. you will never get your coins at $X if you tell people you expect it to bottom out at $X -- because then it won't.

and we're not seeing $50 again, at least for the mid-term, at this point.

[Rampion]

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw

any time any says this on the forums, they are showing their hand. expect to be undercut by every single lurker. you will never get your coins at $X if you tell people you expect it to bottom out at $X -- because then it won't.

and we're not seeing $50 again, at least for the mid-term, at this point.

Well, a man can dream, a man can dream... I've been expecting a big crash to go "all in" since we were at $30ish, I keep dreaming about that.

[dg2010]

Very low? Very low is below $20 my friend. Anything above $20 is still huge gains compared to where we were just at the end of 2012.

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw

You trust holding large amounts of fiat at exchanges? You must be really dumb.

Alternative hypotheses, you are talking shit and the reality is you have a small amount of money available in an exchange.

[Rampion]

Very low? Very low is below $20 my friend. Anything above $20 is still huge gains compared to where we were just at the end of 2012.

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw

You trust holding large amounts of fiat at exchanges? You must be really dumb.

Alternative hypotheses, you are talking shit and the reality is you have a small amount of money available in an exchange.

Really dumb? And how do you think that traders trade? You need both fiat and BTC on the exchange, you knew that?

In fact at this moment there are +$20M sitting on Gox's order book, plus +130KBTC. Lot's of dumb people, right?

Of course there are risks, bitcoin trading is risky for many things, and the poor infrastructure is one of them.

Nevertheless, there was never a single case of hacked account at Gox that used 2FA (youbikey and/or google authenticator). Yes, there can always be a first time... But it's a risk you will have to take if you want to trade intra-day.

[Jaroslaw]

Normal people only selling while bots buying thats mean one thing. We are going down. Also second day red candle says all.

[dg2010]

Really dumb? And how do you think that traders trade? You need both fiat and BTC on the exchange, you knew that?

A trader should keep enough reserve to cover his trades and that's it.

Using MTGOX as a bank account is the most retarded thing I've ever heard.

a) you are losing money. very minute you have fiat sitting in MTGOX you are losing money.
b) you risk losing it all, it's a considerable risk leaving large amounts of FIAT at MTGOX. If their accounts get closed tomorrow will you see any of it back? who knows.

[Rampion]

Really dumb? And how do you think that traders trade? You need both fiat and BTC on the exchange, you knew that?

A trader should keep enough reserve to cover his trades and that's it.

Using MTGOX as a bank account is the most retarded thing I've ever heard.

a) you are losing money. very minute you have fiat sitting in MTGOX you are losing money.
b) you risk losing it all, it's a considerable risk leaving large amounts of FIAT at MTGOX. If their accounts get closed tomorrow will you see any of it back? who knows.

Well, if you trade a consistent volume (lets say 5 figures of fiat and 4 figures of BTC) you will need that amounts, which may be very big for you, on the exchange. That's the reality if you are trading more than just play money.