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Topic: 70k bidwall at $2.65 (Read 4027 times)

legendary
Activity: 2100
Merit: 1000
November 29, 2011, 03:30:03 AM
#64
How soon is soon?

probably in the next 1-3 weeks if the 2.4 - 2.6 $ zone holds
legendary
Activity: 1652
Merit: 1128
November 29, 2011, 02:39:51 AM
#63
Well at least I've got 100 bucks left.

And I am confident that I'll reach my old balance in another 2 weeks, I know what I was getting into in the future I'll listen not as much to the bears Smiley
I'll wait till the dust settles then lets see if this turns out to be market reversal.

Glad I ditched my short positions a week ago, it's been a profitable ride from 6.  Haven't been watching much this week, but I'll need to keep an eye on it this week and decide what I want to do.  I don't see a reversal coming, just a small rally with a stall, then a bunch of people cashing out before the price drops again.  It's an overcorrection.   
full member
Activity: 168
Merit: 100
November 29, 2011, 02:30:27 AM
#62
This has all the ingredients for a sustainable reversal. If this is the case, 4-5 $ will be reached soon.

Is there a special ingredient ?

 Cool
legendary
Activity: 2100
Merit: 1000
November 29, 2011, 02:25:53 AM
#61
This has all the ingredients for a sustainable reversal. If this is the case, 4-5 $ will be reached soon.
Activity: -
Merit: -
November 29, 2011, 12:45:11 AM
#60
I still think we are in for more with the fox coverage and the manipulator being the greedy mofo he is I think we are in for a even bigger upswing
legendary
Activity: 1386
Merit: 1000
November 29, 2011, 12:26:14 AM
#59
Apparently someone thinks the price is about to go up

I blame mtgox coundown for the role of instigator
legendary
Activity: 2198
Merit: 1311
November 29, 2011, 12:16:34 AM
#58
Apparently someone thinks the price is about to go up, but I'll be more than amazed if we can reach "stability" at $3 again (e.g. like last month). Now might be a good time to short on Bitcoinica at $2.75 before the bid wall dissipates.

Exactly.  Looks like good shorting time to me.
hero member
Activity: 482
Merit: 500
November 29, 2011, 12:10:14 AM
#57
Apparently someone thinks the price is about to go up, but I'll be more than amazed if we can reach "stability" at $3 again (e.g. like last month). Now might be a good time to short on Bitcoinica at $2.75 before the bid wall dissipates.
hero member
Activity: 560
Merit: 500
November 28, 2011, 11:43:27 PM
#56
this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked

Ok that's it.. I'm going to have to win the lottery now and make predictions about the price of Bitcoin just so that I can make them come true. It'll be totally worth it.

Apparently dreaming of pigs is a sign you are about to come into money. So if you dream of pigs, buy a lot of lotto tickets lol.
donator
Activity: 392
Merit: 252
November 28, 2011, 11:39:21 PM
#55
this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked

Ok that's it.. I'm going to have to win the lottery now and make predictions about the price of Bitcoin just so that I can make them come true. It'll be totally worth it.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
November 28, 2011, 11:37:36 PM
#54
this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked

lulz

I Have A Dream!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
November 28, 2011, 11:36:08 PM
#53
this is it!
this is how my dream started!

bitcoin is going to go above and beyond 30$ in the next 3 weeks!

 Shocked Shocked Shocked
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 28, 2011, 11:23:16 PM
#52
With that huge sell wall at 2.82 someone is either trying to push the price down or we might be at a new stability point. Its really tough to say but its too bad I can't stick around much longer to find out.
I think all the walls we see right now might even belong to the same person.
hero member
Activity: 560
Merit: 500
November 28, 2011, 11:17:08 PM
#51
With that huge sell wall at 2.82 someone is either trying to push the price down or we might be at a new stability point. Its really tough to say but its too bad I can't stick around much longer to find out.
legendary
Activity: 1692
Merit: 1018
November 28, 2011, 11:09:30 PM
#50
Forced liquidation @ 2.9528948006222637

 Embarrassed

Sorry to hear.  I think you bought my coins:

Mmm, all is fair in short selling and trading.  Let's face it, you're not really sorry about making that profit at someone else's expense  Cheesy

It's like playing texas holdem poker and giving someone a bad beat on the river.  The winner says something like 'sorry about that' as they rake in the chips  Cheesy
sr. member
Activity: 387
Merit: 250
November 28, 2011, 10:59:32 PM
#49
Forced liquidation @ 2.9528948006222637

 Embarrassed

Sorry to hear.  I think you bought my coins:

Ask(s) (Sell)
   
   Order Filled at: Tue 29 Nov 2011 02:56:32 AM GMT
   Amount: 500.00000000 BTC
   Price: @$2.94000
   Total: $1,470.00000

I did a quick re-buy at 2.78, and am considering myself lucky this evening.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 28, 2011, 10:35:37 PM
#48
Forced liquidation @ 2.9528948006222637

 Embarrassed

Harshest of tokes, Dude Sad

I was sure I tried to warn somebody of such a thing a few days ago.  Oh, here it is:

"...but were I in your situation, I would be significantly concerned about someone with actual money playing around in the market for shits and giggles.  The entire Bitcoin economy is tiny.  Even if you were well protected with stop loss (vs. being crouched over your keyboard) you may still end up wiped out since orders do not get filled at predictable (or desirable) prices in a run."

https://bitcointalksearch.org/topic/m.631552




I liquidated that particular position profitable during a dip, but I got the feeling that the steady rise would have a small correction coming and was planning to buy back @1% profit.
The problem was I procrastinated if I would have liquidated as I saw it I would have lost only 200. I just haven't considered such a thing in my trading strategy

But I learned alot, during the time I acquired my balance that it is painful to learn sometimes is just the way it is, I'm not complaining.
member
Activity: 74
Merit: 10
November 28, 2011, 10:25:25 PM
#47
I bought and sold for profit 2-3 times on the way up from $2.50.

Wondering if I should stop for a bit, have we reached the end of the rally?
That would depend on the timeframe, the rally might have only just started  Cheesy
legendary
Activity: 4690
Merit: 1276
November 28, 2011, 10:23:03 PM
#46
Forced liquidation @ 2.9528948006222637

 Embarrassed

Harshest of tokes, Dude Sad

I was sure I tried to warn somebody of such a thing a few days ago.  Oh, here it is:

"...but were I in your situation, I would be significantly concerned about someone with actual money playing around in the market for shits and giggles.  The entire Bitcoin economy is tiny.  Even if you were well protected with stop loss (vs. being crouched over your keyboard) you may still end up wiped out since orders do not get filled at predictable (or desirable) prices in a run."

https://bitcointalksearch.org/topic/m.631552

sr. member
Activity: 392
Merit: 250
November 28, 2011, 10:22:14 PM
#45
I bought and sold for profit 2-3 times on the way up from $2.50.

Wondering if I should stop for a bit, have we reached the end of the rally?
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