Author

Topic: Prepare to short like hell in 4 hrs (Read 4269 times)

hero member
Activity: 1022
Merit: 500
January 31, 2015, 07:01:55 AM
#46
Sell the news as they say.... This is no rally, is just delusional upswing. It will die soon, when Coinbase counter ends.

The thing is, price can be 310, 350 or even 370 at that time. So everybody will short like hell, maybe we'll see sub-200s again.

Was the trade successful?
sr. member
Activity: 303
Merit: 250
January 31, 2015, 04:35:27 AM
#45
Not if they lose interest in even trying btc.
legendary
Activity: 2044
Merit: 1005
January 30, 2015, 01:17:32 AM
#44
sweet. noobs getting bearish.. good sign for btc
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
January 29, 2015, 04:19:23 PM
#43
I still don't get why this collapsed like a house of cards. I would have expected a slight or medium correction back into the $280s or $250s, but not into the low $220s... I know daytraders love volatility, but wouldn't a sustainable growth be even more fun?

Collapsed because the runup to the pump was fake already and the pump itself was utter madness. You been whaleraped because you can't read the markets.
The pump-whale took very high risk on this one and likely is glad to have come out alive. What helped the collapse were all the smart people selling the news (of course).

What you see right now on the screen is the market without much manipulation. Since the pumpers won't be brave enough to pump i guess a shortseller-attack is more likely now on this raped market.

Conditions are good for it but needs someone brave who is willing to take the risk and smash the walls. In case the chinese psychos don't want to we'll go sideways until they man up or sothing else happens.

I think market would even decline naturally (the slow death and slow bleeding we have come to love over the past year)
I think odds are good for slow or fast decline.
Not ruling out a random pump here and there which would provide good point to open shorts.

summary: I'm bearish as fuck
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 29, 2015, 09:10:05 AM
#42
That correction was a true pico bubble popping. Much too violent for a mere correction. Highly optimistic bulls will have gone long on leverage and may be completely wiped out already. It really is giving you headaches I guess...
It's actually quite enjoyable seeing your utter confusion.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
January 29, 2015, 08:46:40 AM
#41
That correction was a true pico bubble popping. Much too violent for a mere correction. Highly optimistic bulls will have gone long on leverage and may be completely wiped out already. It really is giving you headaches I guess...
sr. member
Activity: 350
Merit: 250
Honest 80s business!
January 29, 2015, 07:49:18 AM
#40
I still don't get why this collapsed like a house of cards. I would have expected a slight or medium correction back into the $280s or $250s, but not into the low $220s... I know daytraders love volatility, but wouldn't a sustainable growth be even more fun?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 29, 2015, 06:55:29 AM
#39
Formula for speculation forum success. Start two newbie accounts. Make one a bull and the other a bear. The one that wins gloats, the other is deleted.
hero member
Activity: 833
Merit: 1001
January 29, 2015, 05:27:32 AM
#38
Good call.. friendly advice : you should keep this info to yourself next time and let the naive bulls help you carry the bags.. you are not going to get much gratitude from those in denial... makes sense?
newbie
Activity: 22
Merit: 0
January 29, 2015, 02:39:57 AM
#37
Why it's always newbie account that give such great advises?  Grin

Member since Aug 2010.

Lurker maybe, not a noob.

I like it how some people just scratch the surface while others really take time to study. This is the difference between a looser and a winner.

But there's a bigger problem: since we never got past $310 we might see sub $150 again soon. And as much as people say that would be a double bottom, it won't and the price will crash so hard that 235 will seem like a dream.
full member
Activity: 218
Merit: 100
January 28, 2015, 07:44:03 PM
#36
sell while its still up shortly it will fall soon.

The mood seems to have changed from "buy buy buy" to "sell sell sell".  Grin
full member
Activity: 574
Merit: 104
January 27, 2015, 03:51:53 PM
#35
should have dumped it all
legendary
Activity: 1330
Merit: 1000
January 27, 2015, 11:19:19 AM
#34

4 hours from now is like the horizon, always out of reach.
full member
Activity: 134
Merit: 100
January 27, 2015, 10:05:04 AM
#33
well, today arrived the money at the exchanges that has been sent during the weekend. so far it provided the ammo to get us from 250 to 265ish... not really what i expected, wasn't able to make much profit.

guess thats as far as it goes. fresh money is running low, so maybe we will get that downtrend initiated with the announcement-shooting-star. currently mostly in fiat and waiting for further indicators
Q7
sr. member
Activity: 448
Merit: 250
January 27, 2015, 09:51:22 AM
#32
It was back at 250 become some guys decided to make a quick buck by doing a quick sell off and close their position after having hit the 300 sell target. At least for now, the price is already up slightly a bit at 264. Let's see where it goes from here.
hero member
Activity: 602
Merit: 500
January 27, 2015, 07:14:44 AM
#31
its back at $250 again, Now its time to decide whether to sell or not. Please dont expect that btc will go to $500..
legendary
Activity: 2772
Merit: 1127
January 27, 2015, 06:15:02 AM
#30
if it were stock exchange or other things Coinbase would be under market manipulation investigation
full member
Activity: 122
Merit: 100
January 27, 2015, 03:27:33 AM
#29
I have the reason to believe the yesterday price is deliberately speculation, and it may back to $200
member
Activity: 84
Merit: 10
January 26, 2015, 10:38:34 PM
#28
sell while its still up shortly it will fall soon.

closed the long already at break even ... going down more. I'll sleep in fiat. Fuck this.

It has just been pumped and dumped. What shitcoin pumps after it has just been pumped and dumped? Forget it. Doesn't fly away, no worries. Shitcoins are plentiful.
sr. member
Activity: 294
Merit: 250
January 26, 2015, 10:37:26 PM
#27
sell while its still up shortly it will fall soon.
member
Activity: 84
Merit: 10
January 26, 2015, 10:31:30 PM
#26
People tried in the past convincing others not to sell. Let's try the opposite: everyone dump and let's short this to double digits so we can have all a lot of bitchcoin.
legendary
Activity: 2044
Merit: 1005
January 26, 2015, 10:17:04 PM
#25
Best advice open a directional thread typically earish wait for 10+ posters and do the opposite


since everyone flamed him they lost he won rinse repeat
member
Activity: 84
Merit: 10
January 26, 2015, 10:11:22 PM
#24
Sell the news as they say.... This is no rally, is just delusional upswing. It will die soon, when Coinbase counter ends.

The thing is, price can be 310, 350 or even 370 at that time. So everybody will short like hell, maybe we'll see sub-200s again.

Unfortunately, this forum will never take 'sound' financial advice so don't bother trying to help. Which is why majority of these people remain depressed HODLERS instead of making big money short term like the smart guys and actually 'playing' to the market.  

I actually bought and flipped some LTC for epic gains @~$2.2x yesterday.  One of the best 24 hour flips I've had in awhile.

yep, litecoin was epic.

This long and short from the idiots moonpump was epic too.  Tongue

'coinbase news' lmao
sr. member
Activity: 406
Merit: 250
January 26, 2015, 08:34:25 PM
#23
Sell the news as they say.... This is no rally, is just delusional upswing. It will die soon, when Coinbase counter ends.

The thing is, price can be 310, 350 or even 370 at that time. So everybody will short like hell, maybe we'll see sub-200s again.

Unfortunately, this forum will never take 'sound' financial advice so don't bother trying to help. Which is why majority of these people remain depressed HODLERS instead of making big money short term like the smart guys and actually 'playing' to the market.  

I actually bought and flipped some LTC for epic gains @~$2.2x yesterday.  One of the best 24 hour flips I've had in awhile.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
January 26, 2015, 07:51:01 PM
#22
Shit, closed shorts too soon. Dumped again. See you at 120$  Kiss
full member
Activity: 218
Merit: 100
January 26, 2015, 07:49:36 PM
#21
Shorting would have worked.
Price is substantially down now.  Smiley
full member
Activity: 238
Merit: 100
January 26, 2015, 07:37:17 PM
#20
We seem to be in sideways mode in the $275 range.

You guys might be right and it'll retrace back down, but you all know BTC too, the opposite could happen as well  Tongue
legendary
Activity: 1372
Merit: 1000
January 26, 2015, 07:04:55 PM
#19
Why it's always newbie account that give such great advises?  Grin

Member since Aug 2010.

Lurker maybe, not a noob.

Wow you are right .Looks like he got in late on the train, missed out on all the fun.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
January 26, 2015, 06:53:29 PM
#18
Why it's always newbie account that give such great advises?  Grin

Member since Aug 2010.

Lurker maybe, not a noob.
legendary
Activity: 1722
Merit: 1000
January 26, 2015, 06:35:50 PM
#17
Easy with the NSFW

Will the bullwhale strike the shorters? 

Perhaps bearwhale fleet attacks?
full member
Activity: 882
Merit: 102
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sr. member
Activity: 280
Merit: 250
Relax!
January 26, 2015, 10:22:21 AM
#15
Nice peak at 309, we'll see, I think OP might be right, good opportunity to short and buy more cheap coins later.

The opportunity may very well already be over by now! We've gone down about 10% again. This looks like a healthy correction in the Bitcoin world. All this when I thought it couldn't get any more interesting! Man...
hero member
Activity: 770
Merit: 509
January 26, 2015, 10:19:44 AM
#14
Nice peak at 309, we'll see, I think OP might be right, good opportunity to short and buy more cheap coins later.
sr. member
Activity: 280
Merit: 250
Relax!
January 26, 2015, 10:01:39 AM
#13
send your bitcoins to 1PxxYyZNtfRJc5ikYJ5bKr3hHHfMeEmtAu , i promise to do a perfect short for you  Smiley

No one sent you coins. Did you short your own stash? How did it go? Is the dumping/correction already over or are we still in for another leg down, what do you think? I find it interesting to find people who can reliably predict those things!
legendary
Activity: 1722
Merit: 1000
January 26, 2015, 09:51:57 AM
#12
Back to sub $200 we go!! SHORTING TIME BOYS
member
Activity: 84
Merit: 10
January 26, 2015, 09:50:01 AM
#11
OP correct. All super-bulls humiliated again. (what else?)
full member
Activity: 134
Merit: 100
January 26, 2015, 05:37:32 AM
#10
so, the "rumor" and the related buys happened to be on a weekend. the "news" will be out on a monday, and you say a lot of people are gonna sell it.

well, there is some more in it Wink people are sending money to the exchanges right now because moon and stuff. exiting tuesday/wednesday incoming.
sr. member
Activity: 288
Merit: 250
January 26, 2015, 05:34:49 AM
#9
If only there was a way to filter these kinds of topics out.
hero member
Activity: 602
Merit: 500
January 26, 2015, 05:30:06 AM
#8
and here's the dump

OMG! lol
legendary
Activity: 1330
Merit: 1000
January 26, 2015, 05:22:59 AM
#7
Sell the news as they say.... This is no rally, is just delusional upswing. It will die soon, when Coinbase counter ends.

The thing is, price can be 310, 350 or even 370 at that time. So everybody will short like hell, maybe we'll see sub-200s again.

sounds like a bullish signal to me, i'll sit back and wait for the market to catch bears out
sr. member
Activity: 367
Merit: 250
January 26, 2015, 05:21:07 AM
#6
no way to know if it is really going down.

Most people were inactive during the weekend and now might take the decision to buy based on recent news
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
January 26, 2015, 05:08:19 AM
#5
Why it's always newbie account that give such great advises?  Grin
However, I agree with "sell the news" ...
legendary
Activity: 3808
Merit: 1723
January 26, 2015, 04:58:52 AM
#4
Yes I opened a short a while ago also. This coindesk news was in the works for a while. This is nothing but short coverings.
member
Activity: 98
Merit: 10
January 26, 2015, 04:53:07 AM
#3
OP u might end up disappointed if u commit to this strategy
hero member
Activity: 642
Merit: 500
Evolution is the only way to survive
January 26, 2015, 04:40:16 AM
#2
send your bitcoins to 1PxxYyZNtfRJc5ikYJ5bKr3hHHfMeEmtAu , i promise to do a perfect short for you  Smiley
newbie
Activity: 22
Merit: 0
January 26, 2015, 04:29:58 AM
#1
Sell the news as they say.... This is no rally, is just delusional upswing. It will die soon, when Coinbase counter ends.

The thing is, price can be 310, 350 or even 370 at that time. So everybody will short like hell, maybe we'll see sub-200s again.
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