gewure
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February 09, 2012, 10:45:05 PM |
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myself, y u no sell moar? We need the price to go down and never go up.
yes slowly this will improve my base price Yes, I shorted more. My base price is improved for when the price goes down and never goes up. no good mr proudhon |
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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N12
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February 09, 2012, 10:46:40 PM |
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Proudhon, shut it. The guy made or will likely make a loss, so don’t be cynical with him.
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proudhon
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February 09, 2012, 10:52:48 PM |
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Proudhon, shut it. The guy made or will likely make a loss, so don’t be cynical with him.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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gewure
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February 09, 2012, 10:53:56 PM |
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proudhon also makes a loss, so maybe he may be granted beeing cynical  |
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proudhon
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February 09, 2012, 10:56:57 PM |
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proudhon also makes a loss, so maybe he may be granted beeing cynical |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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N12
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February 09, 2012, 11:05:10 PM |
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I am thrilled. We could be about to finally end this damn consolidation. End it without correcting 94%!
Please, 6.2 and 7.2. Break.
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gewure
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February 09, 2012, 11:10:38 PM |
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proudhon also makes a loss, so maybe he may be granted beeing cynical finally, after 3-4 months reading your posts, you have transformed happy bull beeing  |
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N12
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February 09, 2012, 11:12:05 PM |
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proudhon also makes a loss, so maybe he may be granted beeing cynical finally, after 3-4 months reading your posts, you have transformed happy bull beeing I think he is about as jumpy as me lately. I’ve been kind of a daytrader. Personally, I am always long-term bullish. But long-term is 6 months away at least. My hope is to be able to hold Bitcoins again on a weekly timeframe and essentially ignore the market, like I did from 2 to >6 … |
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bittenbob
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February 09, 2012, 11:14:30 PM |
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Starfish gone on the buy side. The rally may now resume.
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bittenbob
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February 10, 2012, 12:31:20 AM |
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It is back on the buy side only. Your picture shows a single starfish, not a double.
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M4v3R
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February 10, 2012, 07:45:21 AM |
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still not figured out, that zhoutong changed the *?!
i mostly means: the balances on bitcoinica are mostly in BTC right now and not in USD. -> if it ever was a bearish sign , i now consider this bullish, since nobody wants to give up his BTC for dirty USD.
That's only correct to some extent. Zhou indeed changed the behavior of starfish to be more aggressive - its shown earlier than it used to before the big dump. But it does the same thing - blocks people from doing more trades in certain direction. So it's safe to say that it will have the same consequences as it had before - it stops and possibly reverses rallies, and that's what you can see on latest 24-hour chart right now. |
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realnowhereman
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February 10, 2012, 12:14:44 PM |
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But it does the same thing - blocks people from doing more trades in certain direction. So it's safe to say that it will have the same consequences as it had before - it stops and possibly reverses rallies, and that's what you can see on latest 24-hour chart right now.
Seems an odd thing to blame that for stopping rallies. It's like blaming the fact that I've run out of money for stopping rallies. If you don't have the dollars, you can't have the coins. On the other hand, Bitcoinica could be responsible for extending a rally because they were willing to lend dollars to let some carry on playing. Those dollars eventually run out; but that's no different from a bank not extending you a $1 million dollar overdraft. |
1AAZ4xBHbiCr96nsZJ8jtPkSzsg1CqhwDa
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M4v3R
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February 10, 2012, 12:41:18 PM |
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Seems an odd thing to blame that for stopping rallies.
It's like blaming the fact that I've run out of money for stopping rallies. If you don't have the dollars, you can't have the coins.
On the other hand, Bitcoinica could be responsible for extending a rally because they were willing to lend dollars to let some carry on playing. Those dollars eventually run out; but that's no different from a bank not extending you a $1 million dollar overdraft.
I'm not "blaming" them for stopping rallies. I'm just pointing the fact that they are (when starfish is on), based on past records, which show that every single time when starfish appeared the rally stopped. |
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realnowhereman
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February 10, 2012, 03:40:23 PM |
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Seems an odd thing to blame that for stopping rallies.
It's like blaming the fact that I've run out of money for stopping rallies. If you don't have the dollars, you can't have the coins.
On the other hand, Bitcoinica could be responsible for extending a rally because they were willing to lend dollars to let some carry on playing. Those dollars eventually run out; but that's no different from a bank not extending you a $1 million dollar overdraft.
I'm not "blaming" them for stopping rallies. I'm just pointing the fact that they are (when starfish is on), based on past records, which show that every single time when starfish appeared the rally stopped. And I'm saying that the presence of the "*" simply indicates that without Bitcoinica supplying loans the rally would have stopped earlier. |
1AAZ4xBHbiCr96nsZJ8jtPkSzsg1CqhwDa
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Spekulatius
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February 10, 2012, 04:02:50 PM |
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I'm not "blaming" them for stopping rallies. I'm just pointing the fact that they are (when starfish is on), based on past records, which show that every single time when starfish appeared the rally stopped.
Since the mishievious starfish is nearly showing up every day now, you cannot really say that it stops any rallies atm. The only thing it does stop is people putting their money in bitcoinica! In the past, lets say for the first week or so the starfish may have had this power (correctly speaking: have had the "power" to indicate an substantial lack of dollars in bitcoinicas reserves). But after that, i estimate people have migrated their funds back to mtgox, where they can be used at least. The self proclaimed "83%" of volume on mtgox by zhou will have largely shrunk due to the above described problems. I therefore wouldnt give too much on the starfishes prophetic qualities atm, as long as the liquidity probs remain unresolved. |
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alan2here
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February 10, 2012, 04:13:39 PM |
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Is there an alternative leverage excange? Prefrably with higher leverage possible and no spreads.
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BadBear
v2.0
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February 10, 2012, 04:17:11 PM |
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Is there an alternative leverage excange? Prefrably with higher leverage possible and no spreads.
No it's the only one. |
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alan2here
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February 10, 2012, 04:19:05 PM |
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Thanks for the reply :¬)
So, lets make one!
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M4v3R
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February 10, 2012, 06:23:52 PM |
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Seems an odd thing to blame that for stopping rallies.
It's like blaming the fact that I've run out of money for stopping rallies. If you don't have the dollars, you can't have the coins.
On the other hand, Bitcoinica could be responsible for extending a rally because they were willing to lend dollars to let some carry on playing. Those dollars eventually run out; but that's no different from a bank not extending you a $1 million dollar overdraft.
I'm not "blaming" them for stopping rallies. I'm just pointing the fact that they are (when starfish is on), based on past records, which show that every single time when starfish appeared the rally stopped. And I'm saying that the presence of the "*" simply indicates that without Bitcoinica supplying loans the rally would have stopped earlier. Either way it's a good signal for figuring out the end of rally. |
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