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Topic: It's ping-pong time again - page 2. (Read 2395 times)

sr. member
Activity: 392
Merit: 250
January 17, 2012, 03:20:53 PM
#5
Anyone remember the time when you could buy below $3 and sell above $3 and always make a profit?

It's back... except now it's buy at $6.25 and sell at $7.2.  I wonder how long this will last...

Yep.
zby
legendary
Activity: 1594
Merit: 1001
January 17, 2012, 03:13:33 PM
#4
If I may take a guess: you're late.

Had a look at the order book lately? If those sells were not from Bitcoinica, the instability has just gone from serious to critical.
I've bought at 6.422 and slowly sold most between 6.5 and 6.6 causing it to dip even further.  Unfortunately I did not catch it this time, maybe I'll try to push it lower again with the rest of my BTC.  This ping pong could be profitable.
newbie
Activity: 19
Merit: 0
January 17, 2012, 03:13:14 PM
#3
The Order book is being manipulated from yesterday.
Someone wants to buy cheap.
legendary
Activity: 1036
Merit: 1002
January 17, 2012, 03:08:52 PM
#2
If I may take a guess: you're late.

Had a look at the order book lately? If those sells were not from Bitcoinica, the instability has just gone from serious to critical.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 17, 2012, 03:02:29 PM
#1
Anyone remember the time when you could buy below $3 and sell above $3 and always make a profit?

It's back... except now it's buy at $6.25 and sell at $7.2.  I wonder how long this will last...
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