but its not the bottom yet
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26346. (Read 26709727 times)
August 16, 2014, 08:55:03 AM
August 16, 2014, 08:54:22 AM
but its not the bottom yet
I think the bottoms are in, we might revisit them but not lower for now IMHO.Just be careful selling near the bottoms that we have already seen.
August 16, 2014, 08:53:54 AM
@Fishies
Try to buy back your 10k+ BTC on exchange now!
Try to buy back your 10k+ BTC on exchange now!
August 16, 2014, 08:53:11 AM
but its not the bottom yet
August 16, 2014, 08:47:18 AM
sell of everything now?
or isnt it the top of the last rebound?
or isnt it the top of the last rebound?
It´s the beginning of a new trend u fool! Sell@ the bottom and u will be left behind!
August 16, 2014, 08:44:42 AM
sell of everything now?
or isnt it the top of the last rebound?
or isnt it the top of the last rebound?
August 16, 2014, 08:41:22 AM
Sentiment update:
I received a message from my brother yesterday(haven´t heard anything from him in the last 3-4 months) where he told me to sell all of his BTC (which of course i didn´t )
I received a message from my brother yesterday(haven´t heard anything from him in the last 3-4 months) where he told me to sell all of his BTC (which of course i didn´t )
August 16, 2014, 08:38:29 AM
Anyone else excited for Syscoin release today? Only few hours away. I had the chance of previewing the code and its def one to watch for!
August 16, 2014, 08:37:55 AM
August 16, 2014, 08:37:39 AM
For me it's the exact opposite, but that's because of things like this: http://www.reddit.com/r/BitcoinMarkets/comments/2dohjg/im_josh_rossi_from_bitfinex_here_to_talk_about/
What I like about them is the BTC transparent audits, but I really dislike their selective meddling in matters. They're overprotective of lenders and won't let them assume any risk which they proved in February when they reversed people's trades who bid low. Now they're speculating with regards to arbitrage @ Bitstamp (What are they going to do if Bitfinex grows even more and there is hardly anyone to arb with?) and deciding whose orders should be slowed when that could cost the trader. This is a slippery slope and I don't want to see where it will end up. When I trade Bitcoin, I don't want to have to predict the actions of the Bitfinex team.
Bitfinex is nice for lenders and for people who like margin; for me personally, not so much.
What I like about them is the BTC transparent audits, but I really dislike their selective meddling in matters. They're overprotective of lenders and won't let them assume any risk which they proved in February when they reversed people's trades who bid low. Now they're speculating with regards to arbitrage @ Bitstamp (What are they going to do if Bitfinex grows even more and there is hardly anyone to arb with?) and deciding whose orders should be slowed when that could cost the trader. This is a slippery slope and I don't want to see where it will end up. When I trade Bitcoin, I don't want to have to predict the actions of the Bitfinex team.
Bitfinex is nice for lenders and for people who like margin; for me personally, not so much.
Mhm. I read that one as well. Part of the reason I said, my opinion's more favorable of them lately.
Here's my take on it: I don't like meddling by the exchange with the market either. In an ideal platonic realm of instantaneous order execution, zero fat fingers, and guaranteed lack of insider knowledge on the position of leveraged positions, there should be zero interference, granted. However, that's not the case. Finex is trying to navigate this situation, and I see their current approach (slowdown, like a selective circuit breaker) as far from ideal, but a huge improvement over what happened last time (when they reversed trades). This market is thinly traded, and offering leverage in that environment is perhaps a mistake to begin with. But seeing that their volume is growing, and the drop of two days ago (whether it was a margin call cascade or not) was comparably contained, I'm concluding they're doing okay.
That said, what I'm planning to put into finex is a fraction of what I'd keep in stamp. The latter is, imo, still the "safest" of the big exchanges, if for no other reason that they don't offer leverage.
August 16, 2014, 08:36:21 AM
Will we get below $500 today?
Any predictions? As mine was always bullish ... but now I just hell don't know
For now I stay calm and quiet and I have some popcorn in the kitchen if any rally will come I am prepared! =]
Play your own hand... if you aren't sure then it is fair to sit on the sidelines. I've gone all in because we broke upwards and broke the negative channel. That said, a new slice of news could pop up and with how shaky the market is it could spell trouble. So entering before a rally has really gotten strong footing is very risky business. I am taking that risk. In a nutshell, others also saw this as the bottom and they are starting to lever up. Bitfinex and its crazy leverage seem to be in the driver seat, now.
August 16, 2014, 08:34:48 AM
August 16, 2014, 08:31:55 AM
Will we get below $500 today?
Any predictions? As mine was always bullish ... but now I just hell don't know
For now I stay calm and quiet and I have some popcorn in the kitchen if any rally will come I am prepared! =]
August 16, 2014, 08:28:17 AM
August 16, 2014, 08:28:10 AM
Did I mention, I think now is really a good time to BUY BUY BUY BUY BUY BUY BUY!!!! We've struck the Ocean floor... time to swim!!!
nah, I think we are still far away from the bottom, not going to buy....just not yet.
August 16, 2014, 08:25:49 AM
I think we already reached the bottom, what y'all think? https://bitcointalksearch.org/topic/and-after-this-profitable-sell-off-741715
August 16, 2014, 08:20:45 AM
Did I mention, I think now is really a good time to BUY BUY BUY BUY BUY BUY BUY!!!! We've struck the Ocean floor... time to swim!!!
August 16, 2014, 08:15:05 AM
Gang... let's make some money. Time to lever it up!!! Even if, on some odd freak chance, we didn't find a bottom... we have a clean approximation of where it is now. Ergo, let's have fun, now.
MARGIN BUY ALL YOU CAN!!!!
August 16, 2014, 08:12:21 AM
Gang... let's make some money. Time to lever it up!!! Even if, on some odd freak chance, we didn't find a bottom... we have a clean approximation of where it is now. Ergo, let's have fun, now.
August 16, 2014, 08:10:10 AM
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