70k bidwall at $2.65

[bittenbob]

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]

I get the funny feeling that a Smackdown is imminent....

[RyNinDaCleM]

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
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!

[tritium]

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

[StewartJ]

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?

[tvbcof]

Forced liquidation @ 2.9528948006222637

 

Harshest of tokes, Dude

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]

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 

[ElectricMucus]

Forced liquidation @ 2.9528948006222637

 

Harshest of tokes, Dude

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.

[old_engineer]

Forced liquidation @ 2.9528948006222637

 

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.

[Cluster2k]

Forced liquidation @ 2.9528948006222637

 

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 

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 

[bittenbob]

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]

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.

[adamstgBit]

this is it!
this is how my dream started!

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

 

[ineededausername]

this is it!
this is how my dream started!

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

 

lulz

I Have A Dream!

[Jonathan Ryan Owens]

this is it!
this is how my dream started!

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

 

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]

this is it!
this is how my dream started!

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

 

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]

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]

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]

Apparently someone thinks the price is about to go up

I blame mtgox coundown for the role of instigator

[Joseph sterns]

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