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Topic: This might be the end of the correction - page 4. (Read 8092 times)

legendary
Activity: 2198
Merit: 1311
March 08, 2012, 12:16:39 AM
#58
hero member
Activity: 994
Merit: 1000
March 07, 2012, 06:47:54 PM
#57
It's a trap.

That's what I get for doubting myself.
hero member
Activity: 614
Merit: 500
March 07, 2012, 05:20:18 PM
#56
There's only one thing that really matters.

N12
donator
Activity: 1610
Merit: 1010
legendary
Activity: 2198
Merit: 1311
March 07, 2012, 05:16:17 PM
#54
It's a trap.
sr. member
Activity: 387
Merit: 250
March 07, 2012, 04:53:39 PM
#53
you're learning  Cheesy
I just finished reading Reminiscences of a Stock Operator. Smiley The last few chapters were about stock "manipulation", and it was enlightening in many respects.

It is really incredible how little has changed since then, the only new thing is probably bots.

I finished 'Reminiscences" a few weeks ago, great book.  It illustrated to me that there's usually a very good reason behind every regulation, and that regulations are often about making the market as fair as possible for all players.
legendary
Activity: 1904
Merit: 1002
March 07, 2012, 02:16:24 PM
#52
One needs a heck of a swing in price to make some money using bitcoinica.
5-10% swings is ideal. Not to mention perfect timing. Otherwise this all seems pointless.
One would be better off not using leverage and getting a much tighter spread with
a lower cost of entry/exit.

Being able to profit in dollars from a downswing in addition to being able to pick up more bitcoins really adds balance to your perspective.
hero member
Activity: 994
Merit: 1000
March 07, 2012, 02:16:15 PM
#51
One needs a heck of a swing in price to make some money using bitcoinica.
5-10% swings is ideal. Not to mention perfect timing. Otherwise this all seems pointless.
One would be better off not using leverage and getting a much tighter spread with
a lower cost of entry/exit.

Yeah it's a bit of a head scratcher, really. I don't know why I still use the service....when I'm right, I barely make a profit, when I'm wrong, I pay dearly.
legendary
Activity: 2072
Merit: 1001
March 07, 2012, 02:12:49 PM
#50
One needs a heck of a swing in price to make some money using bitcoinica.
5-10% swings is ideal. Not to mention perfect timing. Otherwise this all seems pointless.
One would be better off not using leverage and getting a much tighter spread with
a lower cost of entry/exit.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 07, 2012, 01:53:44 PM
#49
Is everyone having fun?  Grin

I'm having fun.

I'm editing the interview i did yesterday with Matthew N. Wright and Brian

Fun Fun Fun

You guys are in for a treat Wink
legendary
Activity: 1904
Merit: 1002
March 07, 2012, 01:42:20 PM
#48
Is everyone having fun?  Grin

I'm having fun.
N12
donator
Activity: 1610
Merit: 1010
March 07, 2012, 01:38:30 PM
#47
Looking at the buying volumes on the way up … probably very few people are having fun right now.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
March 07, 2012, 01:37:01 PM
#46
Is everyone having fun?  Grin
N12
donator
Activity: 1610
Merit: 1010
March 07, 2012, 12:57:37 PM
#45
Haven't I taught you guys anything   Cry

I'm on the correct side Wink.  Your service has been tremendously educational.
I fully agree and pray he will be able keep up this kind of quality and quantity. Smiley
legendary
Activity: 1904
Merit: 1002
March 07, 2012, 12:56:27 PM
#44
Haven't I taught you guys anything   Cry

Ive been listening Smiley  Im on the right side of this one... and have been for 2-3 days

Gotta love getting paid to hold short Smiley.
legendary
Activity: 2198
Merit: 1311
March 07, 2012, 12:56:09 PM
#43


I'm going down with the ship, gentlemen.
legendary
Activity: 1904
Merit: 1002
March 07, 2012, 12:52:47 PM
#42
Haven't I taught you guys anything   Cry

I'm on the correct side Wink.  Your service has been tremendously educational.
legendary
Activity: 1008
Merit: 1000
March 07, 2012, 12:36:30 PM
#41
Haven't I taught you guys anything   Cry

Ive been listening Smiley  Im on the right side of this one... and have been for 2-3 days
N12
donator
Activity: 1610
Merit: 1010
March 07, 2012, 12:33:23 PM
#40
Combined with the 4k wall that wants to push up the price, I’m inclined to believe we will either see a large ask wall or a huge dump like the 5.3 one soon.

Basically, a manipulator can only achieve so much as the general trend allows.
OK, I was a little off. Not a huge wall, but multiple big walls.
N12
donator
Activity: 1610
Merit: 1010
March 07, 2012, 12:28:01 PM
#39
people that just seek speculation and those hoarding them (ref. "my precious") disrupt that circle, making it harder to pay with bitcoins for the ones actually spending them (because they don't return at the same rate).
BEGONE KEYNESIAN!

I WANT TO BE RICH QUICK! Grin Grin Grin

Proudhon, sorry for your (unrealized) loss, but as I said you out of all people should have known better.
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