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Topic: shit, shit, shit - page 3. (Read 8159 times)

legendary
Activity: 1022
Merit: 1001
January 27, 2012, 03:21:39 AM
#48

The problem now are bitcoinica cascading forced liquidations - if that happens again it can drive the price down very quickly and at this point is is quite probable because we are close to the recent bottom and the star was on the buy button well into 5.4 prices.

Indeed. I think if we go < $5 the price will tumble.
zby
legendary
Activity: 1594
Merit: 1001
January 27, 2012, 03:14:04 AM
#47
Hey.  Quick idea... Don't short sell!!!

-EP

Better idea, don't panic.  I see this all the time in bitcoin - a small (50%) price movement and people get worried.  Wait until you start doing forwards (futures).
The problem now are bitcoinica cascading forced liquidations - if that happens again it can drive the price down very quickly and at this point is is quite probable because we are close to the recent bottom and the star was on the buy button well into 5.4 prices.
hero member
Activity: 518
Merit: 500
January 27, 2012, 03:07:02 AM
#46
Hey.  Quick idea... Don't short sell!!!

-EP

Better idea, don't panic.  I see this all the time in bitcoin - a small (50%) price movement and people get worried.  Wait until you start doing forwards (futures).
N12
donator
Activity: 1610
Merit: 1010
January 27, 2012, 02:44:34 AM
#45
I'll never get out.  I don't trade.  Everything I have in this is play money Smiley
11k play money? You’ve got too much of it. Grin
legendary
Activity: 1764
Merit: 1015
January 27, 2012, 02:42:29 AM
#44
I've taken on about $2k of paper losses from the top... Sad
How about you?

(by the way, these are paper losses... I got in at $2.  Also, I never trade, because I always manage to screw myself when I do.)
I have seen personally seen much bigger losses than that, just to see them regained 48 hours later.

It's the nature of BTC, and it should not scare of the traders who are currently on board.

BTC (at the moment) is very similar to gold, when it comes to swings.
legendary
Activity: 1904
Merit: 1002
January 27, 2012, 02:34:21 AM
#43
Hey.  Quick idea... Don't short sell!!!

-EP

+1... Stampeding in one direction won't solve the volatility issues everyone seems to be worried about.
legendary
Activity: 800
Merit: 1001
January 27, 2012, 02:23:54 AM
#42
Hey.  Quick idea... Don't short sell!!!

-EP
sr. member
Activity: 322
Merit: 250
We are bees, and we hate you.
January 27, 2012, 02:08:16 AM
#41
i dont get it. like there was a huuuge ask wall at 5.20 and like 0 bid walls till like 4.50 so i panic sold all my coins at 5.19 then right after that happens it jumps up to 5.49 .   THE MANIPULATOR HATES ME!!!!
This. I fucking did this too.
sr. member
Activity: 266
Merit: 250
The king and the pawn go in the same box @ endgame
sr. member
Activity: 406
Merit: 250
January 27, 2012, 01:32:33 AM
#39
BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY

That is all.







BTW sell on 1/24/12.

Weird huh?

Oh manipulator, you can no longer hide in plain sight.
legendary
Activity: 1022
Merit: 1001
January 27, 2012, 12:43:17 AM
#38
Just for fun, went 10:1 short @ 5.30 just now...

... with 1 BTC.   Cheesy

lol
hero member
Activity: 699
Merit: 500
Your Minion
January 27, 2012, 12:41:42 AM
#37
BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY

That is all.







BTW sell on 1/24/12.

Weird huh?
member
Activity: 112
Merit: 10
January 27, 2012, 12:06:45 AM
#36
Sometimes lesser profits are nice because they are still profits.
sr. member
Activity: 387
Merit: 250
January 27, 2012, 12:02:15 AM
#35
Well Im jumping back in...
Yeah, I'm thinking that was the bottom we just hit.  I was sitting at 4.x, but am jumping back in at "close enough".  Someone appears to be putting a lot of support at ~$5.40; I'll take that as an implicit floor.
sr. member
Activity: 392
Merit: 250
January 26, 2012, 11:57:35 PM
#34
i dont get it. like there was a huuuge ask wall at 5.20 and like 0 bid walls till like 4.50 so i panic sold all my coins at 5.19 then right after that happens it jumps up to 5.49 .   THE MANIPULATOR HATES ME!!!!

They just like your money. Listen to more rap I hear they know the game.
k so, smoke dope and listen to rap? gotcha   omw

I picked a bad week to stop sniffing glue.
legendary
Activity: 1400
Merit: 1005
January 26, 2012, 11:57:09 PM
#33
Lol, I short @ 5.30, then it shoots up to 5.50.
hero member
Activity: 1652
Merit: 569
Catalog Websites
January 26, 2012, 11:56:14 PM
#32
i dont get it. like there was a huuuge ask wall at 5.20 and like 0 bid walls till like 4.50 so i panic sold all my coins at 5.19 then right after that happens it jumps up to 5.49 .   THE MANIPULATOR HATES ME!!!!

They just like your money. Listen to more rap I hear they know the game.
k so, smoke dope and listen to rap? gotcha   omw
sr. member
Activity: 392
Merit: 250
January 26, 2012, 11:46:37 PM
#31
Well Im jumping back in...

couple more wait-see upticks and I'll join you.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
January 26, 2012, 11:40:37 PM
#30
Just for fun, went 10:1 short @ 5.30 just now...

... with 1 BTC.   Cheesy

I shorted .33 btc at same..

I have 77 cents in usd left on there Cheesy
legendary
Activity: 1400
Merit: 1005
January 26, 2012, 11:37:13 PM
#29
Just for fun, went 10:1 short @ 5.30 just now...

... with 1 BTC.   Cheesy
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