Warning: How many of you Bears have ever been a victim of a Short Squeeze?

[BitMagic]

notice the bid wall sliding to the right closer to the price.  it WANTS to be hit by the shorts.

where's BitMagic when we need him?

Someone posted a great chart comparing troll activity (measured by Nagle's posting volume) vs price.  Every time it goes up they go away, it seems.

I'm still here, I just got tired of trying to teach cypher_doc how not to be an idiot. I decided to take my antics away from meaningless debates, and put my skills into real change for y'all.

[Serge]

notice the bid wall sliding to the right closer to the price.  it WANTS to be hit by the shorts.

where's BitMagic when we need him?

Did you happen to notice those spikes up to and slightly above 3.40?  They're gone now.  Strange.

Edit:  Nevermind they're still there.

i sow them, now they're gone 

[cypherdoc]

notice the bid wall sliding to the right closer to the price.  it WANTS to be hit by the shorts.

where's BitMagic when we need him?

Someone posted a great chart comparing troll activity (measured by Nagle's posting volume) vs price.  Every time it goes up they go away, it seems.

I'm still here, I just got tired of trying to teach cypher_doc how not to be an idiot. I decided to take my antics away from meaningless debates, and put my skills into real change for y'all.

BitMagic:

[cypherdoc]

Bid wall @$3 continues to build.  short into it.

[cypherdoc]

how do u like those big green volume bars whenever there's a dip?  short killers designed for Zhoutawngs.

[BitMagic]

how do u like those big green volume bars whenever there's a dip?  short killers designed for Zhoutawngs.

I love them.

[proudhon]

Bid wall @$3 continues to build.  short into it.

I can't way till a bunch of people do exactly that.  This could be the last chance to get out above $3.

[cypherdoc]

Bid wall @$3 continues to build.  short into it.

I can't way till a bunch of people do exactly that.  This could be the last chance to get out above $3.

i nominate you.

[tvbcof]

Bid wall @$3 continues to build.  short into it.

I can't way till a bunch of people do exactly that.  This could be the last chance to get out above $3.

What I am hoping for is that a HUGE player wants to cash out and is just waiting for some serious coin to be put in up the $3.00 range before making a monster move.

More an more I want to see some sub-$2.00 coin so I can burn off some more of my USD sitting (at risk) in the hands of an exchange.  This is turning out to be a pretty sucky down-leg...we've not even gotten below $3.00    Where's Nagle to cheer up my flagging spirits?

[cypherdoc]

hoping to scoop up coins on the cheap won't work.  you won't be allowed to. 

there can only be a few early adopters (the ones with The Vision).  most people here don't have that.  to them the price will never be low enough.

[cypherdoc]

most of you rookies have no idea whats going on in the real world.

i just got done listening to Bernankes Q&A after the FOMC announcement.  he's fully prepared to support the eCONomy with more liquidity at the drop of a hat.  he revealed, as well, that they have been buying MORE MBS's on the open mkt pumping more USD's into the mortgage mkt.

this has reignited a rally in the stock mkt and commodities which will persist for months.  economic indicators are slowly turning up as well.  the USD has resumed its downtrend and the UST and sovereign bond selloff continues.  all this brings more USD's into the mkt looking for undervalued investments. 

Bitcoin anyone?

[tvbcof]

hoping to scoop up coins on the cheap won't work.  you won't be allowed to. 

there can only be a few early adopters (the ones with The Vision).  most people here don't have that.  to them the price will never be low enough.

It seems quite feasible to obtain a 'days worth', particularly since the number which constitutes a day's production steadily declines.  Amazingly so all things considered (IMHO.)  I'd rather have a day's worth of BTC than a new automobile, but I've got unusual tastes I suppose.

[cypherdoc]

Bid walls continue to build.  Proudhon please take them down.

[proudhon]

Bid walls continue to build.  Proudhon please take them down.

I've already done the right thing and sold out, well above where we are now.

[tvbcof]

Bid walls continue to build.  Proudhon please take them down.

I've already done the right thing and sold out, well above where we are now.

No problem.  Why don't you do the right thing again and short?  Ever heard of Bitcoinica?

[cypherdoc]

Bid walls continue to build.  Proudhon please take them down.

I've already done the right thing and sold out, well above where we are now.

No problem.  Why don't you do the right thing again and short?  Ever heard of Bitcoinica?

I agree.  look at all that free money sitting there @$3.00.  now up to $70K that someone just wants to GIVE away.  you should take it Proudhon.  i'd be Proud of you.

[cypherdoc]

USD down and stock futures UP in after hours.  Qualcomm hit it out of the park on earnings.  Look out:

RISK ON!

[cypherdoc]

Bid walls keep growing as bids shift towards price.  Lotsa ppl want in.

[tvbcof]

Bid walls keep growing as bids shift towards price.  Lotsa ppl want in.

I finally got fed up and sick of missing the Tradehill fat-finger downdrafts and re-set one of my mid-$2.00 bids to North of $3.00.  Part of this is because I am rapidly losing confidence in the bears ability to claw down through even $3.00 again.  I've a few 'Kool-Aid-man' class bulls recently but not many bears of that caliber.

Normally I am rewarded for sitting tight and burnt when I get impatient.  But we've been in a bear market since I've been interested so that makes some sense.

http://www.youtube.com/watch?v=nBeUGqeYsQg

[BadBear]

Watching cypherdoc get more and more frantic every day is pretty hilarious.  At least it would be if it weren't so sad.