Big money being played in this market.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: UltimateReaper on April 25, 2013, 09:06:14 PM

Quote from: Nemesis on April 25, 2013, 08:54:12 PM

Quote from: UltimateReaper on April 25, 2013, 08:17:09 PM

I honestly would like to double my money. Anywhere around $110 a coin would be perfect for me, however at the way things are going, I'll have to settle for getting some more expensive coinage.

I really want to get as low as possible becuase I want to dump everything into an exchange and patiently day trade to increase my bitcoin.

Good luck with that... noob

Omg you're developing and already talking shit.

Wait, what? First of all n00b, it's not "noob" second of all, I've probably got the least fiat out of anyone here. Third of all, I don't really know shit, and I admit that.

Was just answering the bros question.

I'm not sure why so many people here have to be assholes. It seems like all the pros look down on everyone else and don't care about anyone other than themselves. I want to see everyone succeed, or at the very least, lose on their own efforts.

Because they're assholes, simple as that.

UltimateReaper

newbie

Activity: 56

Merit: 0

Quote from: meangreen on April 25, 2013, 09:21:32 PM

Quote from: UltimateReaper on April 25, 2013, 08:17:09 PM

I honestly would like to double my money. Anywhere around $110 a coin would be perfect for me, however at the way things are going, I'll have to settle for getting some more expensive coinage.

I really want to get as low as possible becuase I want to dump everything into an exchange and patiently day trade to increase my bitcoin.

i would dollar cost average on my initial entry just to get your feet wet. that way if the trend goes against you when you go all in you are not fazed by an immediate down swing. plus its very hard to "catch a falling knife".
i used to swing trade in the stock market, I have a full time job and couldnt dedicate a full day to trading. same goes for the coins. the good thing is a 24 hr market.

I'll take your advice. I have a lot to learn after all. At any rate, i have no real fear since I'm already broke. Loosing the money I'm putting in would sting but it wouldn't kill me. Besides, I'm learning more everyday.

meangreen

member

Activity: 70

Merit: 10

Quote from: UltimateReaper on April 25, 2013, 08:17:09 PM

I honestly would like to double my money. Anywhere around $110 a coin would be perfect for me, however at the way things are going, I'll have to settle for getting some more expensive coinage.

I really want to get as low as possible becuase I want to dump everything into an exchange and patiently day trade to increase my bitcoin.

i would dollar cost average on my initial entry just to get your feet wet. that way if the trend goes against you when you go all in you are not fazed by an immediate down swing. plus its very hard to "catch a falling knife".
i used to swing trade in the stock market, I have a full time job and couldnt dedicate a full day to trading. same goes for the coins. the good thing is a 24 hr market.

UltimateReaper

newbie

Activity: 56

Merit: 0

Quote from: Nemesis on April 25, 2013, 08:54:12 PM

Quote from: UltimateReaper on April 25, 2013, 08:17:09 PM

I honestly would like to double my money. Anywhere around $110 a coin would be perfect for me, however at the way things are going, I'll have to settle for getting some more expensive coinage.

I really want to get as low as possible becuase I want to dump everything into an exchange and patiently day trade to increase my bitcoin.

Good luck with that... noob

Omg you're developing and already talking shit.

Wait, what? First of all n00b, it's not "noob" second of all, I've probably got the least fiat out of anyone here. Third of all, I don't really know shit, and I admit that.

Was just answering the bros question.

I'm not sure why so many people here have to be assholes. It seems like all the pros look down on everyone else and don't care about anyone other than themselves. I want to see everyone succeed, or at the very least, lose on their own efforts.

Nemesis

sr. member

Activity: 462

Merit: 250

Quote from: UltimateReaper on April 25, 2013, 08:17:09 PM

I honestly would like to double my money. Anywhere around $110 a coin would be perfect for me, however at the way things are going, I'll have to settle for getting some more expensive coinage.

I really want to get as low as possible becuase I want to dump everything into an exchange and patiently day trade to increase my bitcoin.

Good luck with that... noob

UltimateReaper

newbie

Activity: 56

Merit: 0

I honestly would like to double my money. Anywhere around $110 a coin would be perfect for me, however at the way things are going, I'll have to settle for getting some more expensive coinage.

I really want to get as low as possible becuase I want to dump everything into an exchange and patiently day trade to increase my bitcoin.

meangreen

member

Activity: 70

Merit: 10

Quote from: UltimateReaper on April 25, 2013, 07:10:40 PM

Quote from: meangreen on April 25, 2013, 07:07:00 PM

Quote from: UltimateReaper on April 25, 2013, 07:01:15 PM

Being poor sucks no matter what currency your poor in Grin

logically speaking we can all profit on actions of "manipulation"

its just a matter of timing and good instincts. Both of which I am still developing.

might as well try to make some money. everything is fixed. sporting events , stock markets, politics etc. wherever there is big money there are cheats.

Agreed. Right now I'm just waiting for a good moment. I think I'll see how it plays out in the next 24-48 hours before going all in. The price could still drop, and lord knows what would happen if a serious technical problem were to occur. I've already made gains but learned many lessons. Patience is key.

do you mind me asking what price you are looking for? how much profit per coin do you look for before you sell or are you buying long term?

UltimateReaper

newbie

Activity: 56

Merit: 0

Quote from: meangreen on April 25, 2013, 07:07:00 PM

Quote from: UltimateReaper on April 25, 2013, 07:01:15 PM

Being poor sucks no matter what currency your poor in Grin

logically speaking we can all profit on actions of "manipulation"

its just a matter of timing and good instincts. Both of which I am still developing.

might as well try to make some money. everything is fixed. sporting events , stock markets, politics etc. wherever there is big money there are cheats.

Agreed. Right now I'm just waiting for a good moment. I think I'll see how it plays out in the next 24-48 hours before going all in. The price could still drop, and lord knows what would happen if a serious technical problem were to occur. I've already made gains but learned many lessons. Patience is key.

meangreen

member

Activity: 70

Merit: 10

Quote from: UltimateReaper on April 25, 2013, 07:01:15 PM

Being poor sucks no matter what currency your poor in Grin

logically speaking we can all profit on actions of "manipulation"

its just a matter of timing and good instincts. Both of which I am still developing.

might as well try to make some money. everything is fixed. sporting events , stock markets, politics etc. wherever there is big money there are cheats.

bitarrow

full member

Activity: 184

Merit: 100

Quote from: meangreen on April 25, 2013, 06:58:24 PM

Quote from: seleme on April 25, 2013, 06:54:32 PM

he bought load of coins from 120 to 140s, stabilized price and then slowly sells them all in 140s = profit.

is that how they are doing it? they are making a killing then. I was thinking that they were just selling the larger blocks after the price has risen. seems like it is like clockwork and bounces everytime. so tempted to get in but I dont have the time to dedicate to it.

thats one basic way, but if your doing this, might as well just not sell for another year.

UltimateReaper

newbie

Activity: 56

Merit: 0

Being poor sucks no matter what currency your poor in Grin

logically speaking we can all profit on actions of "manipulation"

its just a matter of timing and good instincts. Both of which I am still developing.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: bitarrow on April 25, 2013, 06:58:02 PM

OR he sold initially which helped cause the panic, then rebought to gain more bitcoins.
Im pretty sure thats what happened Wink

yes, that's the possibility too that doesn't exclude what I wrote, just adds to his profit, lol

meangreen

member

Activity: 70

Merit: 10

Quote from: seleme on April 25, 2013, 06:54:32 PM

he bought load of coins from 120 to 140s, stabilized price and then slowly sells them all in 140s = profit.

is that how they are doing it? they are making a killing then. I was thinking that they were just selling the larger blocks after the price has risen. seems like it is like clockwork and bounces everytime. so tempted to get in but I dont have the time to dedicate to it.

bitarrow

full member

Activity: 184

Merit: 100

OR he sold initially which helped cause the panic, then rebought to gain more bitcoins.
Im pretty sure thats what happened Wink

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

he bought load of coins from 120 to 140s, stabilized price and then slowly sells them all in 140s = profit.

meangreen

member

Activity: 70

Merit: 10

Looks like there are some big traders fighting each other out or its them against the market by themselves. that order that sent the coins up $20 a couple hours ago was a huge trade. Then a second order followed(not sure if it was the same person) its like they are trading on a $10 spread they buy at $120 and their price goes up as the order fills(i think it ended filling the last trades around 143). That is crazy. Just think how long its going to take to unwind that position. There is no volume without big news. Could be a good sign though?

Topic: Big money being played in this market. (Read 1376 times)