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Hunterbunter
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March 07, 2012, 05:12:16 PM
 #21
Quote from: proudhon on March 07, 2012, 05:02:57 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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March 07, 2012, 05:14:18 PM
 #22
Quote from: Hunterbunter on March 07, 2012, 05:12:16 PM
Quote from: proudhon on March 07, 2012, 05:02:57 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?

YES!
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.
Hunterbunter
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March 07, 2012, 05:16:01 PM
 #23
Quote from: proudhon on March 07, 2012, 05:14:18 PM
Quote from: Hunterbunter on March 07, 2012, 05:12:16 PM
Quote from: proudhon on March 07, 2012, 05:02:57 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?

YES!

Why hasn't there been an ensuing dump?
N12 (OP)
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March 07, 2012, 05:17:23 PM
 #24
Quote from: Hunterbunter on March 07, 2012, 05:16:01 PM
Why hasn't there been an ensuing dump?
To lure you into buying.

(Because the market needs time to breathe and retrace? Grin)
notme
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March 07, 2012, 05:19:56 PM
 #25
Quote from: Blitzboom on March 07, 2012, 05:17:23 PM
Quote from: Hunterbunter on March 07, 2012, 05:16:01 PM
Why hasn't there been an ensuing dump?
To lure you into buying.

(Because the market needs time to breathe and retrace? Grin)

+1

Price is out of hourly bands, RSI is at 30.  Bears are just more patient than bulls.
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March 07, 2012, 05:34:46 PM
 #26
Quote from: Hunterbunter on March 07, 2012, 05:12:16 PM
Quote from: proudhon on March 07, 2012, 05:02:57 PM
I'm tempted to reinforce my long.  Talk me out of it.

I know exactly what you mean...but is that crazy?

Just keep enough margin to survive Zhoutonging down to 3.80, then pump up your long when it bottoms.  You may need to stay tuned in more than you'd like  Undecided
It'd be nice if Bitcoinica provided notifications in general, not just for orders.
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N12 (OP)
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March 13, 2012, 03:44:57 PM
 #27
CALLED IT

 Grin
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