incraft3817 (OP)
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Activity: 87
Merit: 10
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January 10, 2012, 02:02:47 AM |
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Someone started the falling knife this morning. I wouldn't go long if I were you guys. It's time to short it down to 3 bucks.  |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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sgbett
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Activity: 2576
Merit: 1087
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January 10, 2012, 02:05:47 AM |
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I wonder if that wall at 6 will hold...
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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somestranger
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January 10, 2012, 02:24:01 AM |
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New wall at 6.17. Bid/ask starting to look bullish again.
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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January 10, 2012, 02:28:46 AM |
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The wall at 6.17 is a flasher. I reckon it will disappear with any serious selling into it...
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 10, 2012, 02:32:37 AM |
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The wall at 6.17 is a flasher. I reckon it will disappear with any serious selling into it...
Why don't you try it? |
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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January 10, 2012, 02:34:50 AM |
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I have nothing to sell  |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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worldinacoin
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January 10, 2012, 02:35:31 AM |
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It is now $6.22, bitcoin is holding up well, I am hoping for it to drop more before entering
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notme
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Activity: 1904
Merit: 1002
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January 10, 2012, 02:36:05 AM |
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I have nothing to sell Then the market doesn't care about you opinion until you think it's time to buy. |
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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January 10, 2012, 02:37:47 AM |
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here goes!
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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January 10, 2012, 02:38:59 AM |
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what an anticlimax
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 10, 2012, 02:42:25 AM |
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what an anticlimax
You need a break from the keyboard. |
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Crypt_Current
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January 10, 2012, 02:51:23 AM |
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The wall at 6.17 is a flasher. I reckon it will disappear with any serious selling into it...
Why don't you try it? Am |
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mc_lovin
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Activity: 1190
Merit: 1000
www.bitcointrading.com
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January 10, 2012, 03:52:13 AM |
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The falling knife ain't going to happen. If it falls a dollar, there will be a lot of purchasing to take advantage of the new price, the price hikes will continue.
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gewure
Sr. Member
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Activity: 364
Merit: 250
[#][#][#]
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January 10, 2012, 04:42:45 AM |
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shorting now is risky. very risky. DON'T forget to stop losses; do what zhoutong tells you: don't let the margin call be your stoploss!!im long anyway, aimed at price: 6.5 - 6.8, bought at 6.1something, stoploss 5.87something bad thing: just yesterday i wondered if i should trust my senses/what i see on the charts and try a short. would have payed  good luck. i suggest long. trend looks unbroken. |
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cypherdoc
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Activity: 1764
Merit: 1002
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January 10, 2012, 05:04:52 AM |
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i would get out of the way if you're short.
pay heed to what i've been posting about overnite futures, etc.
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somestranger
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January 10, 2012, 06:06:39 AM |
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Some falling knife there. Whooooooosh  |
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notme
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Activity: 1904
Merit: 1002
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January 10, 2012, 06:07:29 AM |
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Some falling knife there. Whooooooosh Notice the spike to 6.9 first. |
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somestranger
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January 10, 2012, 06:08:44 AM |
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That's what I'm talking about. looks like we're going up from here though that was a weird selloff.
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Cluster2k
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Activity: 1692
Merit: 1018
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January 10, 2012, 06:09:32 AM |
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Delicious MtGox action.
$6.30 to $6.89 instant spike, then to $6, and back to $6.38. Let's hear it for stability!
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