Great New Crashcorrection (fulfilled) - page 3.

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

Quote from: beetcoin on November 10, 2013, 07:33:28 PM

how do you guys buy the bitcoins fast enough when they are low like that? it's impossible.. they crash and stay low for maybe 20-30 minutes, and by the time you have the chance to buy, it's back up to 330. liquidity is an issue for me.

is it possible for a securities exchange?

Divide your assets into groups. Use part of it to set up buy orders with different prices to cover a certain range, eg. if the price is 300$ buy for 298, 295, 290, and so on. It's kind of like fishing, you wake up next day and see what you got. Grin

wobber

legendary

Activity: 1064

Merit: 1001

What is a securities exchange?

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

It is called a limit order. All you need is a single trade at or below your limit price.

beetcoin

sr. member

Activity: 434

Merit: 250

how do you guys buy the bitcoins fast enough when they are low like that? it's impossible.. they crash and stay low for maybe 20-30 minutes, and by the time you have the chance to buy, it's back up to 330. liquidity is an issue for me.

is it possible for a securities exchange?

Wilhelm

legendary

Activity: 1652

Merit: 1265

I still believe we will start a decent towards $330 or lower.

Tazmo

newbie

Activity: 42

Merit: 0

Quote from: Xer0 on November 08, 2013, 05:52:54 PM

Quote from: navigator on November 08, 2013, 05:49:06 PM

There is no rule that says it can't increase exponentially. Bitcoin has proven us all wrong before.

https://i.imgur.com/4NKXJMY.jpg

Bitcoin™

LOL!!~~~

wobber

legendary

Activity: 1064

Merit: 1001

It seems we are due to a larger leg up. Maybe starting this monday or tuesday, after some rest time for our athlete here.

freethink2013

full member

Activity: 224

Merit: 100

best crash ever, we've crashed above the previous ath.

MAbtc

hero member

Activity: 826

Merit: 508

My outlook hasn't changed. It was obvious that we needed a nice correction. I managed to make a couple coins from it, but I've been back all in since several hours ago. We could go lower, sure, but I think we will rally higher in fairly short order.

OracionSeis

hero member

Activity: 756

Merit: 500

I suppose it is the stable price of bitcoin anymore:) There won't be crash i hope and it will keep rising day by day

notung

member

Activity: 67

Merit: 10

I think the tendency has change and obviously it will keep going down the next days. If you are in the trade mood... sell and buy lower. Otherwise hold till the we catch again this prices in a couple of months.

sbryant31

newbie

Activity: 27

Merit: 0

Jesus christ guys, seriously...

Be a little bit more responsible. Your investments increased in value by over 100 percent in a week. Now there's a BABY correction (On a weekend, no less) and you shit your pants

noob2001

jr. member

Activity: 51

Merit: 502

SELL SELL SELL Grin

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

Quote from: Tzupy on November 10, 2013, 11:33:11 AM

Quote from: EvilPanda on November 10, 2013, 09:46:43 AM

Quote from: Tzupy on November 10, 2013, 06:27:25 AM

IF we don't see soon a sustained recovery to 380$ and beyond, then another ~100$ drop will start.

Calm down, the price just went down a bit. The drop would be even smaller if not for all those panic losers. China looks quite stable, looking at their market I wouldn't even call it a crash.

You misunderstood me. I was calm, since I had sold at 350$ before posting.
My point was that the market could have chosen to go up to maybe 500$, but IMO now we are going down again.

Yeah, if you look at last day it seems bad but if you consider weekly or monthly movement it still looks like a boom to me. If the price goes below what we had a week ago (200$) I will consider it a crash. Right now its just a typical correction before another rise. It may happen tomorrow or in a month but it will happen. You don't really lose anything unless you convert to fiat.
People are usually shortsighted and think in simple terms: yesterday it was 300 today 250 - I lost money!.

Quote from: pand70 on November 10, 2013, 11:57:05 AM

I 'm with you with the calm part (up to a point of course) but how exactly China looks stable?The price in China moves in the same way ike gox, stamp etc...

It looked more stable for a few hours but I guess the gox panic made them unsure of the price. Good time to buy IMO.

TERA

hero member

Activity: 728

Merit: 500

Everyone is just dumping into a solid wall now. It's going to be really slow and now worth the risk.

zuckerant

newbie

Activity: 29

Merit: 0

I chickened out @ 280 (bitstamp) and bought in. Thought about rejoining the dropping but after reading your posts it isn't worth it. Looking at the order book someone could flashbuy it into and drive the price much higher. Waiting for tomorrow where I get a little fresh money.

cbeast

donator

Activity: 1736

Merit: 1006

Let's talk governance, lipstick, and pigs.

Now is the time for the Second Mouse rally.

dancingnancy

hero member

Activity: 661

Merit: 500

not really all that impressed with this "crash." If it goes under $200, then yeah, otherwise, I think the trend continues.

pand70

sr. member

Activity: 476

Merit: 250

Quote from: EvilPanda on November 10, 2013, 09:46:43 AM

Quote from: Tzupy on November 10, 2013, 06:27:25 AM

IF we don't see soon a sustained recovery to 380$ and beyond, then another ~100$ drop will start.

Calm down, the price just went down a bit. The drop would be even smaller if not for all those panic losers. China looks quite stable, looking at their market I wouldn't even call it a crash.

I 'm with you with the calm part (up to a point of course) but how exactly China looks stable?The price in China moves in the same way ike gox, stamp etc...

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

It will take a lot of scared sheeple to drop the price further, but if you look at the ask sum of btc china bitstamp and gox youll see there are almost no BTC to buy under 380.
This is all a ruse to get the weak hands to let go of more BTC. I think.

Topic: Great New Crashcorrection (fulfilled) - page 3. (Read 14831 times)