This might be the end of the correction

[SkRRJyTC]

Haven't I taught you guys anything  

Ive been listening   Im on the right side of this one... and have been for 2-3 days

[notme]

Haven't I taught you guys anything  

I'm on the correct side .  Your service has been tremendously educational.

[proudhon]

I'm going down with the ship, gentlemen.

[notme]

Haven't I taught you guys anything  

Ive been listening   Im on the right side of this one... and have been for 2-3 days

Gotta love getting paid to hold short .

[N12]

Haven't I taught you guys anything  

I'm on the correct side .  Your service has been tremendously educational.

I fully agree and pray he will be able keep up this kind of quality and quantity.

[pirateat40]

Is everyone having fun? 

[N12]

Looking at the buying volumes on the way up … probably very few people are having fun right now.

[notme]

Is everyone having fun? 

I'm having fun.

[adamstgBit]

Is everyone having fun? 

I'm having fun.

I'm editing the interview i did yesterday with Matthew N. Wright and Brian

Fun Fun Fun

You guys are in for a treat

[fcmatt]

One needs a heck of a swing in price to make some money using bitcoinica.
5-10% swings is ideal. Not to mention perfect timing. Otherwise this all seems pointless.
One would be better off not using leverage and getting a much tighter spread with
a lower cost of entry/exit.

[Hunterbunter]

One needs a heck of a swing in price to make some money using bitcoinica.
5-10% swings is ideal. Not to mention perfect timing. Otherwise this all seems pointless.
One would be better off not using leverage and getting a much tighter spread with
a lower cost of entry/exit.

Yeah it's a bit of a head scratcher, really. I don't know why I still use the service....when I'm right, I barely make a profit, when I'm wrong, I pay dearly.

[notme]

One needs a heck of a swing in price to make some money using bitcoinica.
5-10% swings is ideal. Not to mention perfect timing. Otherwise this all seems pointless.
One would be better off not using leverage and getting a much tighter spread with
a lower cost of entry/exit.

Being able to profit in dollars from a downswing in addition to being able to pick up more bitcoins really adds balance to your perspective.

[old_engineer]

you're learning 

I just finished reading Reminiscences of a Stock Operator. The last few chapters were about stock "manipulation", and it was enlightening in many respects.

It is really incredible how little has changed since then, the only new thing is probably bots.

I finished 'Reminiscences" a few weeks ago, great book.  It illustrated to me that there's usually a very good reason behind every regulation, and that regulations are often about making the market as fair as possible for all players.

[proudhon]

It's a trap.

[N12]

It's a trap.

What is?

[damnek]

There's only one thing that really matters.

[Hunterbunter]

It's a trap.

That's what I get for doubting myself.

[proudhon]

[N12]

Why not reveal how much you bought? The sensitive info is the liquidation price.

[Hunterbunter]

I ate my losses ... couldn't take it any more. The "risky" parts of my check list for pre-betting all basically came true and turned it into a 80% short from a 60% long.

Could still change, of course, it's clear there are powerful forces at work, and since I can't read minds I'm just going to stick to the charts. It's kind of a funny duopoly where people want the charts and the charts want the people...and each does each other's bidding.