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myself
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del
April 28, 2012, 04:43:45 AM
Last edit: September 09, 2012, 09:16:06 PM by myself
 #1

del

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 28, 2012, 06:41:02 AM
 #2

You can skip step two. I've tried praying for a price swing and it doesn't work. With this in mind, we can come up with a new plan:

1) Buy or sell
2) ? ? ?
3) Profit!

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April 28, 2012, 10:34:59 AM
 #3

I prefer this :
1. buy low
2. sell higher than the price at (1.) + the fee of the damm greedy Exchange * 2
3. repeat steps (1.) and (2.)
4. PROFIT!!!111ONEONEONE  Tongue

of course, the real Zen of trading is to know the perfect time for buy and sell actions... *sigh*  Huh

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April 28, 2012, 03:05:09 PM
 #4

Did you sell?  Cheesy

I didn't.  And I I just lost.

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April 28, 2012, 06:24:45 PM
 #5

The trading is great. I was disappointed by the recent failure to break out above 5.50 as it left more than half ( in total dollar terms ) of my short orders unfilled on Bitcoinica. On the other hand today's dip was a fine time to take profits from shorting I started above 5.

Long term, short is the place to be, if there wasn't a place to short bitcoin I wouldn't be messing with it at all.
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April 28, 2012, 06:46:41 PM
 #6

I always miss the big dips and rallys by a day.  I get tired of the sideways action, so I pull out of a moderately sized position (for me) and wait to make another move.  Then of course, like clockwork, the market makes a big move.  I've recently decided to try and day trade the 1.5% "noise" that happens all day.  You know, how the bots seem to trade back and forth tiny amounts, just enough to cover the Gox fee for a buy and sell.  Drives me crazy, but if you can't beat em, join em.
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April 28, 2012, 07:55:53 PM
 #7

Long term, short is the place to be

because...?
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