byronbb
Legendary
 Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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February 14, 2013, 04:47:04 AM |
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sunnankar
Legendary
Offline
Activity: 1031
Merit: 1000
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February 14, 2013, 04:48:20 AM |
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It was a massive, cruel beartrap.
I think it was funny.  |
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SlaveInDebt
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February 14, 2013, 04:48:53 AM |
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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hmmmstrange
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February 14, 2013, 04:49:34 AM |
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did mtgox's 6 confirmations slow down the plunge?
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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February 14, 2013, 04:50:09 AM |
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Way too short for a bear trap. This was just a couple of pigs get slaughtered.
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 14, 2013, 04:50:58 AM |
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did mtgox's 6 confirmations slow down the plunge?
felt like it went down and back up in less the 6 conf. |
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oakpacific
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February 14, 2013, 04:55:38 AM |
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It was a massive, cruel beartrap.
I think it was funny. Not for those in it though. |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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February 14, 2013, 04:59:48 AM |
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It was a massive, cruel beartrap.
I think it was funny. Not for those in it though. Seriously, if one were even slightly bearish/not bullish enough, he would probably fall for it, it was a bloodbath. no  |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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February 14, 2013, 05:03:38 AM |
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It was a massive, cruel beartrap.
That was nothing. The trap at 35 will be blooooddyyyyy. BEAR MEAT ON SALE. |
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 14, 2013, 05:04:45 AM |
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It was a massive, cruel beartrap.
I think it was funny. Not for those in it though. Seriously, if one were even slightly bearish/not bullish enough, he would probably fall for it, it was a bloodbath.
Day trading! a day in the life I see the price fall... i can feel a knife coming. i place a ask at 25.5 on virtex and it fills! Yaye i got out Just In Time Price crashes down! down! Down! Ok watch for bottom... looks like 21's not breaking Quick Quick Place bid at 22 .... out bid Quick Quick Place bid at 22.3 .... out bid Quick Quick Place bid at 23 .... out bid .... out bid .... out bid .... out bid ops i think... i fucked up...  |
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Herodes
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February 14, 2013, 05:06:33 AM |
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is goxlive dead?
just goxxed |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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February 14, 2013, 05:13:15 AM |
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It was a massive, cruel beartrap.
I think it was funny. Not for those in it though. Seriously, if one were even slightly bearish/not bullish enough, he would probably fall for it, it was a bloodbath.
Day trading! a day in the life I see the price fall... i can feel a knife coming. i place a ask at 25.5 on virtex and it fills! Yaye i got out Just In Time Price crashes down! down! Down! Ok watch for bottom... looks like 21's not breaking Quick Quick Place bid at 22 .... out bid Quick Quick Place bid at 22.3 .... out bid Quick Quick Place bid at 23 .... out bid .... out bid .... out bid .... out bid ops i think... i fucked up... You just described my late spring and early summer in 2011. Fuck daytrading this market. This time I'll just ride and continue to dollar cost average. If I find myself with too much money in bitcoins, I'll spend a few like I've done many times. It's really starting to be easier than credit cards for most things I would buy online. Just an address I can copy and paste and an amount instead of typing in a 16 digit number, a date, and a 3 digit number after I go get my physical wallet. It's going to get even easier with the payment protocol and the lack of product availability is quickly evaporating. To me it makes sense to hold my excess funds in bitcoin, even knowing it will go against me at times. Dollar cost averaging will ensure that I stock up when prices are low. |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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February 14, 2013, 05:13:50 AM |
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is goxlive dead?
just goxxed gox is so 2011 |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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February 14, 2013, 05:29:00 AM |
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Wow! We are NOWHERE NEAR the top of this bull run.
I have watched and traded commodities futures markets for several years and have never seen a new high posted straight after such a massive sell-off, let alone one that ripped the price down 15%!
All that has happened today is that several big holders of bitcoin called a top at $26 and took their profits. Turns out that they burned their coins too soon. The main trend is intact.
Yes, I was baffled ! You think you know something about human psychology and the market, and then the market just takes you for a spin... |
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 14, 2013, 05:52:13 AM |
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fuck this i'm going to make all my bitcoin back by playing some poker  |
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GeoRW
Sr. Member
Offline
Activity: 350
Merit: 257
Trust No One
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February 14, 2013, 06:01:04 AM |
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looks like this dump and recovery was orchestrated for people to believe that the buying pressure is high and the price will go to the moon. I feel some people will get burned. BTW, I'm not bear, I'm actually running some bots and this volatility is awesome for me |
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ajk
Donator
Sr. Member
Offline
Activity: 447
Merit: 250
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February 14, 2013, 06:06:54 AM |
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looks like this dump and recovery was orchestrated for people to believe that the buying pressure is high and the price will go to the moon. I feel some people will get burned. BTW, I'm not bear, I'm actually running some bots and this volatility is awesome for me what about the other recent sell offs and moderately quick recoveries someone would need insane amounts of money and BTC in order to single handedly do something like that, id rather keep slowly growing instead of the ups and downs but what can you do other than ride out what comes along, im betting up until we see a real reversal and days/weeks of down til then im happy with Up would be happier with stable |
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creativex
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February 14, 2013, 06:17:55 AM |
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fuck this i'm going to make all my bitcoin back by playing some poker Swell...good luck with that.  Remember...if you cannot spot the fish at the table...you ARE the fish. |
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Nemesis
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February 14, 2013, 06:52:32 AM |
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fuck this i'm going to make all my bitcoin back by playing some poker put order at 25. It will go below 25 by the morning |
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The Fool
Newbie
Offline
Activity: 56
Merit: 0
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February 14, 2013, 07:18:56 AM |
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fuck this i'm going to make all my bitcoin back by playing some poker put order at 25. It will go below 25 by the morning I wouldn't put money on that. |
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