Nights Watch by Afrikoin - page 58. | Bitcointalksearch.org

Majormax

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Quote from: Kramerc on April 30, 2017, 04:57:54 PM

Are you hoping to make it (the loss) back by trading alts?

I would advise caution, alt season is getting close to it's climax.

Yes, thats right.

This is very similar to late 2013, with the whole Altcoin space pumping in relays, and BTC hanging around ath. Huge profits are easy to come by, but they are ephemeral : lots of ppl think they are great investors, but a rising tide is raising all boats.

We know how it will end.

The prime imperative now is to pick the survivors of the future downwave, and to not be invested in the alts which will eventually go to zero (the vast majority will).

There is still a bit of time to select and switch, and some spectacular rises will draw in the unwary. The bear market, when it comes, will be long and brutal.

Kramerc

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Activity: 397

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Quote from: Afrikoin on April 30, 2017, 05:29:58 PM

Quote from: Kramerc on April 30, 2017, 04:57:54 PM

Are you hoping to make it (the loss) back by trading alts?

I would advise caution, alt season is getting close to it's climax.

loss?

What loss?

you only lose if you short an uptrend

"You only lose if you sell."

You sound exactly like bulls during a downtrend. You sold lower, the fact that you're not rebuying doesn't mean you haven't lost. You could have considerably fewer coins if you bought now, but you persist in your mistake, just like bulls did. "It will eventually come back down".

Afrikoin

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Quote from: Ted E. Bare on April 30, 2017, 05:19:53 PM

Quote from: Okurkabinladin on April 30, 2017, 05:47:33 AM

Quote from: BitcoinerXX on April 30, 2017, 01:05:09 AM

Quote from: awds1th on April 29, 2017, 09:16:58 PM

can you still make that case when the recent price rise is based on bitfinex withdrawal issues?

is it though?

Yes, we dont have to speculate about this particular issue. Price on Finex has been 5% to 15% higher than on any other exchange for the very reason of withdrawal problem. In normal market conditions, such difference would prompt traders to arbitage, closing the price gap between exchanges and making profit.

We had exact same situation back in 2013 with Gox. However, apocalypse riders do forget, that Gox didnt bankrupt overnight, thanks to one way money flow it took couple of months before it went definitely under.

The current Finex price is in USDT (Tether) instead of USD, and the bitcoin price was already on the increase before their banking issues commenced.
You're misinformed and shorting a bull trend:

Quote from: Ted E. Bare on April 23, 2017, 08:32:54 PM

Quote from: Okurkabinladin on April 23, 2017, 08:00:23 PM

Quote from: Ted E. Bare on April 23, 2017, 06:54:05 PM

Quote from: Okurkabinladin on April 03, 2017, 12:56:03 AM

I would expect more rational perspective from seasoned member like you, Ted.

Unless we break 1250, 800 is in the play.

We've seen 1250. Are we rich yet?

And did we break it or stay there? While bad news keep mounting up and volume dried up?

Ah, screw it, I am betting meager 50 dollars I have right now on Okcoin, just to prove you, I mean bussiness. Maximum leverage on shorting.

I have rest of the funds off exchanges for the time being.

Okay, short @ 7150 noted for future reference.

Afrikoin

legendary

Activity: 1540

Merit: 1003

alan watts is all you need

Quote from: Kramerc on April 30, 2017, 04:57:54 PM

Are you hoping to make it (the loss) back by trading alts?

I would advise caution, alt season is getting close to it's climax.

loss?

What loss?

you only lose if you short an uptrend

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

Quote from: Okurkabinladin on April 30, 2017, 05:47:33 AM

Quote from: BitcoinerXX on April 30, 2017, 01:05:09 AM

Quote from: awds1th on April 29, 2017, 09:16:58 PM

can you still make that case when the recent price rise is based on bitfinex withdrawal issues?

is it though?

Yes, we dont have to speculate about this particular issue. Price on Finex has been 5% to 15% higher than on any other exchange for the very reason of withdrawal problem. In normal market conditions, such difference would prompt traders to arbitage, closing the price gap between exchanges and making profit.

We had exact same situation back in 2013 with Gox. However, apocalypse riders do forget, that Gox didnt bankrupt overnight, thanks to one way money flow it took couple of months before it went definitely under.

The current Finex price is in USDT (Tether) instead of USD, and the bitcoin price was already on the increase before their banking issues commenced.
You're misinformed and shorting a bull trend:

Quote from: Ted E. Bare on April 23, 2017, 08:32:54 PM

Quote from: Okurkabinladin on April 23, 2017, 08:00:23 PM

Quote from: Ted E. Bare on April 23, 2017, 06:54:05 PM

Quote from: Okurkabinladin on April 03, 2017, 12:56:03 AM

I would expect more rational perspective from seasoned member like you, Ted.

Unless we break 1250, 800 is in the play.

We've seen 1250. Are we rich yet?

And did we break it or stay there? While bad news keep mounting up and volume dried up?

Ah, screw it, I am betting meager 50 dollars I have right now on Okcoin, just to prove you, I mean bussiness. Maximum leverage on shorting.

I have rest of the funds off exchanges for the time being.

Okay, short @ 7150 noted for future reference.

Kramerc

sr. member

Activity: 397

Merit: 250

Are you hoping to make it (the loss) back by trading alts?

I would advise caution, alt season is getting close to it's climax.

Afrikoin

legendary

Activity: 1540

Merit: 1003

alan watts is all you need

Quote from: Kramerc on April 30, 2017, 04:16:57 PM

Quote from: Afrikoin on April 30, 2017, 04:01:01 PM

Bitcoin's Price is Nearing All-Time Highs, But Market Confidence Isn't

http://www.coindesk.com/bitcoins-price-may-riding-high-market-confidence-isnt/?utm_content=buffer93b8d&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Have you bought back yet?

no.

i bought a couple of alts instead

Afrikoin

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alan watts is all you need

Bitstamp new ATH

york780

sr. member

Activity: 392

Merit: 250

Quote from: Kramerc on April 30, 2017, 04:29:55 PM

Why? most decent exchanges have ATHed for a few days already, just the seller's exchange hasn't...

I am looking at the average price. I feel that its finally time for a rally. I have been waiting for 2 fcking months on this. Its time.

Kramerc

sr. member

Activity: 397

Merit: 250

Why? most decent exchanges have ATHed for a few days already, just the seller's exchange hasn't...

york780

sr. member

Activity: 392

Merit: 250

Quote from: Kramerc on April 30, 2017, 04:16:57 PM

Quote from: Afrikoin on April 30, 2017, 04:01:01 PM

Bitcoin's Price is Nearing All-Time Highs, But Market Confidence Isn't

http://www.coindesk.com/bitcoins-price-may-riding-high-market-confidence-isnt/?utm_content=buffer93b8d&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Have you bought back yet?

ATH!

Sorry , I am just happy AF

Kramerc

sr. member

Activity: 397

Merit: 250

Quote from: Afrikoin on April 30, 2017, 04:01:01 PM

Bitcoin's Price is Nearing All-Time Highs, But Market Confidence Isn't

http://www.coindesk.com/bitcoins-price-may-riding-high-market-confidence-isnt/?utm_content=buffer93b8d&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Have you bought back yet?

Afrikoin

legendary

Activity: 1540

Merit: 1003

alan watts is all you need

Bitcoin's Price is Nearing All-Time Highs, But Market Confidence Isn't

http://www.coindesk.com/bitcoins-price-may-riding-high-market-confidence-isnt/?utm_content=buffer93b8d&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Afrikoin

legendary

Activity: 1540

Merit: 1003

alan watts is all you need

Afrikoin

legendary

Activity: 1540

Merit: 1003

alan watts is all you need

179 - Thomas Voegtlin: Blocksize, Bitcoin Unlimited, ASICBoost and Activating SegWit

https://letstalkbitcoin.com/blog/post/epicenter-179-thomas-voegtlin-blocksize-bitcoin-unlimited-asicboost-and-activating-segwit

Years into the great Bitcoin scaling debate no solution is in reach. Neither bigger blocks nor Segregated Witness have anywhere near consensus support. With the conflict escalating, a Bitcoin fork has become a real possibility.

Electrum Developer Thomas Voegtlin joined us to discuss the state of the Bitcoin scaling debate. We discussed Bitcoin Unlimited, ASICBoost, SegWit activation without miner support and how a Bitcoin fork could play out. Possible outcomes include that Bitcoin Unlimited gains a majority of hashing power and starts mining bigger blocks. In the event of a fork, a proof-of-work change could be done to defend the minority chain from miner attacks. And lately a proposal was brought forward to activate SegWit without the support of the hashing power.

Afrikoin

legendary

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alan watts is all you need

4h Follow-Through: BTC, ETH, XRP, DASH, LTC, ETC Ep. 15

https://www.youtube.com/watch?v=Zfunn9P2LZs

Afrikoin

legendary

Activity: 1540

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alan watts is all you need

OKcoin has a different structure forming

Looks wave 4 ish triangle

notably different from other exchanges

Okurkabinladin

hero member

Activity: 574

Merit: 506

Quote from: BitcoinerXX on April 30, 2017, 01:05:09 AM

Quote from: awds1th on April 29, 2017, 09:16:58 PM

can you still make that case when the recent price rise is based on bitfinex withdrawal issues?

is it though?

Yes, we dont have to speculate about this particular issue. Price on Finex has been 5% to 15% higher than on any other exchange for the very reason of withdrawal problem. In normal market conditions, such difference would prompt traders to arbitage, closing the price gap between exchanges and making profit.

We had exact same situation back in 2013 with Gox. However, apocalypse riders do forget, that Gox didnt bankrupt overnight, thanks to one way money flow it took couple of months before it went definitely under.

Afrikoin

legendary

Activity: 1540

Merit: 1003

alan watts is all you need

BitcoinerXX

member

Activity: 94

Merit: 10

Quote from: awds1th on April 29, 2017, 09:16:58 PM

can you still make that case when the recent price rise is based on bitfinex withdrawal issues?

is it though?

Topic: Nights Watch by Afrikoin - page 58. (Read 303329 times)