I've read it, this is not bullish, you cant see your nose because your big dumb horns are in the way. Dude seriously stop talking shit and realize that bitcoin just had a massive blow to one of its largest client bases.
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Preventing financial institutions from using bitcoin is a hit. But you are a perpetual bear!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31375. (Read 26608259 times)
December 05, 2013, 05:52:13 AM
December 05, 2013, 05:51:34 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
You don't. You place a limit order. If you really just want to buy or sell at any price, set your price absurdly high or low. Otherwise, set some sane max or min price and know you won't get shafted due to slippage.
December 05, 2013, 05:50:40 AM
Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.
Ok sheep-boy, this drop hasn't even started yet, the ramifications of this will lower the price for weeks to come. Bitcoin could essentially loose 50% of its customer base if China cracks down on it.
I've read it, this is not bullish, you cant see your nose because your big dumb horns are in the way. Dude seriously stop talking shit and realize that bitcoin just had a massive blow to one of its largest client bases.
December 05, 2013, 05:50:05 AM
How much was dumped?
December 05, 2013, 05:48:33 AM
If that's it, it's extremely bullish. Holding my breath...
Welcome to the new world of BTC trading. About an eighth of what was dumped will take it to an ATH.
December 05, 2013, 05:46:40 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
You don't. You place a limit order. If you really just want to buy or sell at any price, set your price absurdly high or low. Otherwise, set some sane max or min price and know you won't get shafted due to slippage.
December 05, 2013, 05:46:31 AM
Bulltrap closing @ GOX!
SELL NOW
Going under 700 Euros again.
Next target 550 Euros. Last bottom was 650 with little resistance -> dead cat bounce and back down! WOOOOHOO love it.
SELL NOW
Going under 700 Euros again.
Next target 550 Euros. Last bottom was 650 with little resistance -> dead cat bounce and back down! WOOOOHOO love it.
December 05, 2013, 05:46:08 AM
Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.
Ok sheep-boy, this drop hasn't even started yet, the ramifications of this will lower the price for weeks to come. Bitcoin could essentially loose 50% of its customer base if China cracks down on it.
December 05, 2013, 05:45:50 AM
Wheeeeee...
December 05, 2013, 05:45:06 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
You put the amount of BTC and you send the order. IT will fill in a few minutes at whatever the price is by that time. Good luck
Then GOX will only buy as much as your USD allows and keep the rest of the order as pending
December 05, 2013, 05:44:57 AM
Great, it decided to make my purchase at the highest price point and now we are looking at a correction. Gox sucks mangled penis.
December 05, 2013, 05:44:51 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
You put the amount of BTC and you send the order. IT will fill in a few minutes at whatever the price is by that time. Good luck
You'll get whatever it will fill, AFAIK
December 05, 2013, 05:44:46 AM
Interesting to see the LTC/BTC ratio holding on surprisingly well to all this hype.
When BTC gets back to 1200 - 1300 (today ?
), some people will have actually benefited from all this if they just held.
When BTC gets back to 1200 - 1300 (today ?
), some people will have actually benefited from all this if they just held.LTC was appreciating by % more against BTC than the dollar yesterday, been buying more this morning - it did not crash as much as BTC (on BTC-e).
It seems to be getting away with the 'If BTC is gold, LTC is silver' tag.
At 0.035 ish, I think it's a buy. BTC will rally back up and at the very least LTC does not like losing against BTC, so it is no a stupid thing to do.
You really ought to look at the BTC/LTC historical charts.
December 05, 2013, 05:44:34 AM
Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.
Ok sheep-boy, this drop hasn't even started yet, the ramifications of this will lower the price for weeks to come. Bitcoin could essentially loose 50% of its customer base if China cracks down on it.
December 05, 2013, 05:43:48 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
lesson learned the hard way, never sell when a crash appear, the engine will lag so hard that you can do anything, I've learned my lesson the hard way in April and will never do it again, you try to make some profit and you will be left behind then you have to buy at a loss
December 05, 2013, 05:43:18 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
You put the amount of BTC and you send the order. IT will fill in a few minutes at whatever the price is by that time. Good luck
December 05, 2013, 05:43:14 AM
Interesting to see the LTC/BTC ratio holding on surprisingly well to all this hype.
When BTC gets back to 1200 - 1300 (today ? ), some people will have actually benefited from all this if they just held.
When BTC gets back to 1200 - 1300 (today ?
), some people will have actually benefited from all this if they just held.LTC was appreciating by % more against BTC than the dollar yesterday, been buying more this morning - it did not crash as much as BTC (on BTC-e).
It seems to be getting away with the 'If BTC is gold, LTC is silver' tag.
At 0.035 ish, I think it's a buy. BTC will rally back up and at the very least LTC does not like losing against BTC, so it is no a stupid thing to do.
December 05, 2013, 05:42:57 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
Market orders on MtGox during panics are...contraindicated.
December 05, 2013, 05:41:50 AM
My understanding is that now China government clarified their policy towards bitcoin:
1) Bitcoin is a virtual commodity. It's not a currency so it cannot be used as a currency.
2) Bitcoin exchanges have to take some measures to verify users' identities and avoid money laundering.
3) Avoid using 'virtual currency' in the media to avoid misleading investors.
Actually it is not a bad news. Bitcoin has never been used as a currency in China (except two attempts did by a branch of Baidu and China Jiangsu Mobicomm). People buy them mainly for speculation and transferring funds to overseas.
Previously people may worry about the legality of bitcoin exchanges. Now this notice actually almost officially announces that all bitcoin exchanges following the rules will be legal.
1) Bitcoin is a virtual commodity. It's not a currency so it cannot be used as a currency.
2) Bitcoin exchanges have to take some measures to verify users' identities and avoid money laundering.
3) Avoid using 'virtual currency' in the media to avoid misleading investors.
Actually it is not a bad news. Bitcoin has never been used as a currency in China (except two attempts did by a branch of Baidu and China Jiangsu Mobicomm). People buy them mainly for speculation and transferring funds to overseas.
Previously people may worry about the legality of bitcoin exchanges. Now this notice actually almost officially announces that all bitcoin exchanges following the rules will be legal.
This plays right into the Chinese government's long-term dollar divestment scheme. They are encouraging citizens to hold gold, so they will do the same with Bitcoin. They just want to make it more like a store of value, which in my opinion is exactly the right approach. China got strategy.
Exactly. Bulls and bears will make money over this, pigs will be slaughtered and weak hands shaken out.
December 05, 2013, 05:41:50 AM
Please explain to me how I purchase a market order and specify the bitcoin amount if I don't know what the price is going to be.
You put the amount of BTC and you send the order. IT will fill in a few minutes at whatever the price is by that time. Good luck
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