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Topic: ARGHHHHH!!!! Bitcoin going through floor - page 2. (Read 4135 times)

legendary
Activity: 1246
Merit: 1000
January 17, 2014, 07:58:19 PM
#25
So where did you sell at? We're almost at $810 again @ Bitstamp. Tongue
sr. member
Activity: 280
Merit: 250
January 17, 2014, 06:15:52 PM
#24
MatTheCat you remind me of this guy



legendary
Activity: 2268
Merit: 1278
full member
Activity: 196
Merit: 100
January 17, 2014, 06:07:58 PM
#22
we have already bounced back haven't we?
there will to be blood this weekend Tongue
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 17, 2014, 06:02:29 PM
#21
MatTheCat you remind me of this guy

hero member
Activity: 602
Merit: 500
January 17, 2014, 05:38:15 PM
#20
I would wait for the next rally to stall and then short, guaranteed to keep going lower.

I just do not understand why people keep buying at every low when it is obvious that the price is going to go much lower.

These mini rallies will become less and less profitable as people will not be as stupid to fall for them.

hero member
Activity: 840
Merit: 1000
January 17, 2014, 03:27:59 PM
#19
Caught "without your shorts down" in this instance!  Ha ha ... he he.. ho ho ho!!!  Smiley Wink Cheesy LOL!

I lost about $60 in the end and now have my BTC converted to USD on Bitfinex in anticipation of taking a short position.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
January 17, 2014, 03:19:59 PM
#18
don't fucking short bitcoins you idiots.

Don't listen to Mucus, he just wants all the short positions to himself.

"they see him shortin', they hatin'"

turns out I am fucking shorting myself...

a 45 minute wait is no fkn good on something that evaporates value like Bitcoin...

Very very frustrating.....this better not be one of those Bitcoin transactions that goes 25 confirmations before landing, otherwise I will be sweating blood.

Caught "without your shorts down" in this instance!  Ha ha ... he he.. ho ho ho!!!  Smiley Wink Cheesy LOL!
N12
donator
Activity: 1610
Merit: 1010
January 17, 2014, 03:16:48 PM
#17
Bitfinex could be illegal in Hong Kong because interest rates >60% p.a. are forbidden. I considered using them as a dirty fiat savings account, but decided against it for this reason.

Also, I would never short Bitcoin or play it on any sort of leverage.

I don't think HK has any usury laws
http://www.hkma.gov.hk/eng/other-information/pws-faq/banking-stability.shtml

Quote
APRs thus calculated should not exceed the legal limit (currently 60%) as stated in the Money Lenders Ordinance.

I won't bother to look up the exact laws, but I had the homework done on that back when I researched it, so yes, they do have usury laws.
hero member
Activity: 756
Merit: 500
January 17, 2014, 03:09:28 PM
#16
Bitfinex could be illegal in Hong Kong because interest rates >60% p.a. are forbidden. I considered using them as a dirty fiat savings account, but decided against it for this reason.

Also, I would never short Bitcoin or play it on any sort of leverage.

I don't think HK has any usury laws
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
January 17, 2014, 03:03:11 PM
#15
whilst I am awaiting 9 BTC transfer over to Bitfinex in order to turn to usd in order to take short position.

Breaking my fucking balls man.


FUCKING HURRY THE FK UP BITCOIN BLOCKCHAIN PIECE OF SHITE

Lol  Grin
legendary
Activity: 1246
Merit: 1000
January 17, 2014, 03:01:16 PM
#14
whilst I am awaiting 9 BTC transfer over to Bitfinex in order to turn to usd in order to take short position.

Breaking my fucking balls man.


FUCKING HURRY THE FK UP BITCOIN BLOCKCHAIN PIECE OF SHITE

Good please short those btc on big leverage so the whales know to go long and squeeze you out. Wink
hero member
Activity: 840
Merit: 1000
January 17, 2014, 02:58:29 PM
#13
Too late to short now it could bounce then go to 600 . Time to short was $850-900 as I warned 3 days ago

This seem like a bounce to you?
N12
donator
Activity: 1610
Merit: 1010
January 17, 2014, 02:41:27 PM
#12
Bitfinex could be illegal in Hong Kong because interest rates >60% p.a. are forbidden. I considered using them as a dirty fiat savings account, but decided against it for this reason.

Also, I would never short Bitcoin or play it on any sort of leverage.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 17, 2014, 02:37:52 PM
#11
Not really, I only lost 150 or so bitcoins with bitcoinica, but....

lol
legendary
Activity: 2198
Merit: 1311
January 17, 2014, 02:32:51 PM
#10
seriously using any bitcoinica style bitcoin trading platform is a reckless financial decision.

Not really, I only lost 150 or so bitcoins with bitcoinica, but now it doesn't matter anyway since they won't be worth much come the end of 2014 and I wouldn't have had time to manage them anyway.  Anyone paying attention to all the confirmed facts and sources, especially in Chinese and Russian would know the right thing to do - SHOTR!  SHOTR on any platform you can find to do it, and do it at the maximum margin levels.
legendary
Activity: 2268
Merit: 1278
January 17, 2014, 02:31:31 PM
#9
I'm ok with this. More fiat near end of the month.
hero member
Activity: 840
Merit: 1000
January 17, 2014, 02:31:08 PM
#8
don't fucking short bitcoins you idiots.

Don't listen to Mucus, he just wants all the short positions to himself.

"they see him shortin', they hatin'"

turns out I am fucking shorting myself...

a 45 minute wait is no fkn good on something that evaporates value like Bitcoin...

Very very frustrating.....this better not be one of those Bitcoin transactions that goes 25 confirmations before landing, otherwise I will be sweating blood.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 17, 2014, 02:30:09 PM
#7
seriously using any bitcoinica style bitcoin trading platform is a reckless financial decision.
hero member
Activity: 1302
Merit: 502
January 17, 2014, 02:27:31 PM
#6
don't fucking short bitcoins you idiots.

Don't listen to Mucus, he just wants all the short positions to himself.

"they see him shortin', they hatin'"
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