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Topic: 70k bidwall at $2.65 - page 2. (Read 4027 times)

member
Activity: 81
Merit: 10
November 28, 2011, 10:19:27 PM
#44
Ive noticed MtGoxlive seems to be having a lot of trouble keeping up with all the lines. There have been a lot of lines drawn that just dont make sense. Very wild night.

sometimes the trading price line has gone backwards in time
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
November 28, 2011, 10:18:22 PM
#43
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.

I'm sorry to here that! Good luck recuperating.
This is just madness!
sr. member
Activity: 392
Merit: 250
November 28, 2011, 10:17:31 PM
#42
I get the funny feeling that a Smackdown is imminent....
hero member
Activity: 560
Merit: 500
November 28, 2011, 10:10:59 PM
#41
Ive noticed MtGoxlive seems to be having a lot of trouble keeping up with all the lines. There have been a lot of lines drawn that just dont make sense. Very wild night.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 28, 2011, 10:03:07 PM
#40
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.
hero member
Activity: 560
Merit: 500
November 28, 2011, 10:01:14 PM
#39
It would really be interesting if we could sustain these levels now. Im not too hopeful but you never know. As for the forced liquidation, thats what you get for betting on bitcoin failing  Tongue Its looking less and less like we will see $1.xx bitcoin again
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
November 28, 2011, 10:00:49 PM
#38
ya forced liquidation sucks.. cant get bitcoin in to save it fast enough.. Sad  sorry bro
sr. member
Activity: 336
Merit: 250
November 28, 2011, 09:58:52 PM
#37
Oh my. Sorry to hear that #9.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 28, 2011, 09:57:06 PM
#36
Forced liquidation @ 2.9528948006222637

 Embarrassed
hero member
Activity: 560
Merit: 500
November 28, 2011, 09:55:29 PM
#35
Any minute now by the looks of it
sr. member
Activity: 336
Merit: 250
November 28, 2011, 09:54:57 PM
#34
A little rally, supported by giant bidwalls!
Lets see if anyone tries to take them on.
hero member
Activity: 630
Merit: 500
November 28, 2011, 09:51:02 PM
#33
Cant catch a break on my buy back. Gonna have to take an even bigger loss by the looks of it.
I'm not giving up hope that this is a little rally that will crash back down to 2.50 levels again.  Not gonna take the loss!  I've set up multiple buy back orders on the way down.
hero member
Activity: 560
Merit: 500
November 28, 2011, 09:50:28 PM
#32
Its looking more and more like we are going to hit $3 tonight
member
Activity: 74
Merit: 10
November 28, 2011, 09:48:51 PM
#31
2.8 has just been passed, next stop 4.0
sr. member
Activity: 336
Merit: 250
November 28, 2011, 09:16:47 PM
#30
RSI would have to stay above 70 for the longest time ever in order for that to happen.
Everything else would be just a panic reaction.

By then it would be too late (RSI > 70 for ages), and you would want to be shorting.
You want to try and stay a step ahead of the curve, not be running to catch up with it.

Isn't it incredibly incongruent? When you realize that bigger forces are at play than fundamentals, to succeed you must understand the irrational psychology of the players. To win in an irrational market, you must yourself be able to act rationally on seemingly irrational market directions even if that means you have to sometimes make what would seem at the time to be an irrational decision, based on something with little observable evidence in its favor other than abstract ideas about market psychology.
legendary
Activity: 826
Merit: 1001
rippleFanatic
November 28, 2011, 09:14:08 PM
#29
I learned my lesson by losing a lot of potential gain on the first run up from $1-$10.  No way I will sell into a real rally (that's assuming a reversal, obviously), but others will have to learn their own lessons.  

This time some short squeezes could propel it even faster, and burn some stubborn bears.  Even I was a bit surprised by this new wall!
hero member
Activity: 560
Merit: 500
November 28, 2011, 09:12:25 PM
#28
Cant catch a break on my buy back. Gonna have to take an even bigger loss by the looks of it.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
November 28, 2011, 09:11:29 PM
#27
Up to $2.7!
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
November 28, 2011, 09:03:46 PM
#26
The real question is show those of us who were trading on small margins and just got burned back buy in now before it goes even further?
Fuck it.

Either everything or nothing. This asshole can wipe me out if he wants to but he has to loose as well in order to do it. (Buy them back higher than he sold)

I agree with the sentiment, but am not concerned about the price of Bitcoin. It's cheap right now, so I'm buying what I can.
Gambling with Bitcoin > Gambling on Bitcoin

I might take losses but no way I am doing that now. If I'll decide to that then because I think that price is sustainable and I see the wall standing up to scrutiny against a near sell I might decide to take losses.

RSI would have to stay above 70 for the longest time ever in order for that to happen.
Everything else would be just a panic reaction.

If I could I would short now, and I would be almost certain I would take a profit from it.
member
Activity: 81
Merit: 10
November 28, 2011, 08:58:10 PM
#25
I was having fun riding the waves, I was up about 40% or so but got a little burned by this latest increase. I'm aiming to stay within 25% so i'm still ok i think. I can make more BTC on the way down
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