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Author Topic: 70k bidwall at $2.65  (Read 3453 times)
bittenbob
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November 29, 2011, 03:10:59 AM
 #41

Ive noticed MtGoxlive seems to be having a lot of trouble keeping up with all the lines. There have been a lot of lines drawn that just dont make sense. Very wild night.
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StewartJ
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November 29, 2011, 03:17:31 AM
 #42

I get the funny feeling that a Smackdown is imminent....
RyNinDaCleM
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November 29, 2011, 03:18:22 AM
 #43

Well at least I've got 100 bucks left.

And I am confident that I'll reach my old balance in another 2 weeks, I know what I was getting into in the future I'll listen not as much to the bears Smiley
I'll wait till the dust settles then lets see if this turns out to be market reversal.

I'm sorry to here that! Good luck recuperating.
This is just madness!

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November 29, 2011, 03:19:27 AM
 #44

Ive noticed MtGoxlive seems to be having a lot of trouble keeping up with all the lines. There have been a lot of lines drawn that just dont make sense. Very wild night.

sometimes the trading price line has gone backwards in time

1FCzN34C1xCLsDaLxfY7yB5CQKN74ruGHV
StewartJ
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November 29, 2011, 03:22:14 AM
 #45

I bought and sold for profit 2-3 times on the way up from $2.50.

Wondering if I should stop for a bit, have we reached the end of the rally?
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November 29, 2011, 03:23:03 AM
 #46

Forced liquidation @ 2.9528948006222637

 Embarrassed

Harshest of tokes, Dude Sad

I was sure I tried to warn somebody of such a thing a few days ago.  Oh, here it is:

"...but were I in your situation, I would be significantly concerned about someone with actual money playing around in the market for shits and giggles.  The entire Bitcoin economy is tiny.  Even if you were well protected with stop loss (vs. being crouched over your keyboard) you may still end up wiped out since orders do not get filled at predictable (or desirable) prices in a run."

https://bitcointalk.org/index.php?topic=52926.msg631552#msg631552


tulkos
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November 29, 2011, 03:25:25 AM
 #47

I bought and sold for profit 2-3 times on the way up from $2.50.

Wondering if I should stop for a bit, have we reached the end of the rally?
That would depend on the timeframe, the rally might have only just started  Cheesy

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November 29, 2011, 03:35:37 AM
 #48

Forced liquidation @ 2.9528948006222637

 Embarrassed

Harshest of tokes, Dude Sad

I was sure I tried to warn somebody of such a thing a few days ago.  Oh, here it is:

"...but were I in your situation, I would be significantly concerned about someone with actual money playing around in the market for shits and giggles.  The entire Bitcoin economy is tiny.  Even if you were well protected with stop loss (vs. being crouched over your keyboard) you may still end up wiped out since orders do not get filled at predictable (or desirable) prices in a run."

https://bitcointalk.org/index.php?topic=52926.msg631552#msg631552




I liquidated that particular position profitable during a dip, but I got the feeling that the steady rise would have a small correction coming and was planning to buy back @1% profit.
The problem was I procrastinated if I would have liquidated as I saw it I would have lost only 200. I just haven't considered such a thing in my trading strategy

But I learned alot, during the time I acquired my balance that it is painful to learn sometimes is just the way it is, I'm not complaining.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
old_engineer
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November 29, 2011, 03:59:32 AM
 #49

Forced liquidation @ 2.9528948006222637

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Sorry to hear.  I think you bought my coins:

Ask(s) (Sell)
   
   Order Filled at: Tue 29 Nov 2011 02:56:32 AM GMT
   Amount: 500.00000000 BTC
   Price: @$2.94000
   Total: $1,470.00000

I did a quick re-buy at 2.78, and am considering myself lucky this evening.
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November 29, 2011, 04:09:30 AM
 #50

Forced liquidation @ 2.9528948006222637

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Sorry to hear.  I think you bought my coins:

Mmm, all is fair in short selling and trading.  Let's face it, you're not really sorry about making that profit at someone else's expense  Cheesy

It's like playing texas holdem poker and giving someone a bad beat on the river.  The winner says something like 'sorry about that' as they rake in the chips  Cheesy

Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
100% solar powered bitcoin generation
bittenbob
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November 29, 2011, 04:17:08 AM
 #51

With that huge sell wall at 2.82 someone is either trying to push the price down or we might be at a new stability point. Its really tough to say but its too bad I can't stick around much longer to find out.
ElectricMucus
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November 29, 2011, 04:23:16 AM
 #52

With that huge sell wall at 2.82 someone is either trying to push the price down or we might be at a new stability point. Its really tough to say but its too bad I can't stick around much longer to find out.
I think all the walls we see right now might even belong to the same person.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
adamstgBit
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November 29, 2011, 04:36:08 AM
 #53

this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked

ineededausername
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November 29, 2011, 04:37:36 AM
 #54

this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked

lulz

I Have A Dream!

(BFL)^2 < 0
Jonathan Ryan Owens
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November 29, 2011, 04:39:21 AM
 #55

this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked

Ok that's it.. I'm going to have to win the lottery now and make predictions about the price of Bitcoin just so that I can make them come true. It'll be totally worth it.

bittenbob
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November 29, 2011, 04:43:27 AM
 #56

this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked

Ok that's it.. I'm going to have to win the lottery now and make predictions about the price of Bitcoin just so that I can make them come true. It'll be totally worth it.

Apparently dreaming of pigs is a sign you are about to come into money. So if you dream of pigs, buy a lot of lotto tickets lol.
trogdorjw73
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November 29, 2011, 05:10:14 AM
 #57

Apparently someone thinks the price is about to go up, but I'll be more than amazed if we can reach "stability" at $3 again (e.g. like last month). Now might be a good time to short on Bitcoinica at $2.75 before the bid wall dissipates.

proudhon
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November 29, 2011, 05:16:34 AM
 #58

Apparently someone thinks the price is about to go up, but I'll be more than amazed if we can reach "stability" at $3 again (e.g. like last month). Now might be a good time to short on Bitcoinica at $2.75 before the bid wall dissipates.

Exactly.  Looks like good shorting time to me.
ArsenShnurkov
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November 29, 2011, 05:26:14 AM
 #59

Apparently someone thinks the price is about to go up

I blame mtgox coundown for the role of instigator
Joseph sterns
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November 29, 2011, 05:45:11 AM
 #60

I still think we are in for more with the fox coverage and the manipulator being the greedy mofo he is I think we are in for a even bigger upswing
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