Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32386. (Read 26712378 times)
October 26, 2013, 10:02:08 PM
October 26, 2013, 09:51:46 PM
I can't decide where this is going, too little volume.
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
If you have to take opinions on a forum for your trading,........................................you're fcked.
I might not be a professional or anything...but I've done well trading stocks the past few years, and since entering the crypto-market I've made over $168,000. Mostly due to LTC... At any rate, public sentiment can often be a better market indicator than any technical analysis.
Disclaimer: I am one of those assholes that lost big the day of the Blackberry announcement this year. Around $30,000, so I am not tooting my own horn.
I am also one of those assholes that clicked a malicious on BTC-e this past April and had their account cleared out. Roughly $40,000 lost.
So yes, I make stupid mistakes. Asking for opinions, and gauging public sentiment, is not one of them.
holy shit wtf!
you lost over 70,000K trusting your money with a third party, and you're asking us what to do???
let me slap some cents into you
*slap*
The 30k loss on Blackberry was my fault. I was going to sell, but by the time I remembered it was after the market was closed. I forgot to call my broker at tdameritrade to sell after-hours, fearing the announcement could be bad. I woke up to a phonecall fom him, telling me I had 10 minutes to liquidate the position or he'd have to himself. It was already liquidated by the time I got downstairs. He actually saved me some money by doing it, it went down more from there.
The 40k loss on BTC-e was due to an arb account that didn't have 2FA enabled. And a malicious link... Ya, I know, retarded...
October 26, 2013, 09:50:19 PM
I think we're busting north, and I'd cut your loses... but that's just me. If you're looking for any remote resemblance of consensus among speculators (r/BitcoinMarkets, Speculation sub-forum, etc), that's it right now. 
Doubtful it's happening tonight or tomorrow with this volume, but once it start moving it could move pretty quick. In my amateur opinion, shorting is very risky right now. Going long after another drop would probably be a real nice spot... if it happened.
EDIT: There's also a lot of people picking up long positions on Bitfinex the last few days. Can't find a USD loan under ~100/200% APR right now (a month ago you could find 30 or 40% easily). This at least says something about sentiment.
Doubtful it's happening tonight or tomorrow with this volume, but once it start moving it could move pretty quick. In my amateur opinion, shorting is very risky right now. Going long after another drop would probably be a real nice spot... if it happened.
EDIT: There's also a lot of people picking up long positions on Bitfinex the last few days. Can't find a USD loan under ~100/200% APR right now (a month ago you could find 30 or 40% easily). This at least says something about sentiment.
October 26, 2013, 09:47:16 PM
I can't decide where this is going, too little volume.
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
If you have to take opinions on a forum for your trading,........................................you're fcked.
I might not be a professional or anything...but I've done well trading stocks the past few years, and since entering the crypto-market I've made over $168,000. Mostly due to LTC... At any rate, public sentiment can often be a better market indicator than any technical analysis.
Disclaimer: I am one of those assholes that lost big the day of the Blackberry announcement this year. Around $30,000, so I am not tooting my own horn.
I am also one of those assholes that clicked a malicious on BTC-e this past April and had their account cleared out. Roughly $40,000 lost.
So yes, I make stupid mistakes. Asking for opinions, and gauging public sentiment, is not one of them.
holy shit wtf!
you lost over 70,000K trusting your money with a third party, and you're asking us what to do???
let me slap some cents into you
*slap*
October 26, 2013, 09:38:23 PM
I can't decide where this is going, too little volume.
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
If you have to take opinions on a forum for your trading,........................................you're fcked.
I might not be a professional or anything...but I've done well trading stocks the past few years, and since entering the crypto-market I've made over $168,000. Mostly due to LTC... At any rate, public sentiment can often be a better market indicator than any technical analysis.
Disclaimer: I am one of those assholes that lost big the day of the Blackberry announcement this year. Around $30,000, so I am not tooting my own horn. I am also one of those assholes that clicked a malicious link on BTC-e this past April and had their account cleared out. Roughly $40,000 lost.
So yes, I make stupid mistakes. Asking for opinions, and gauging public sentiment, is not one of them.
October 26, 2013, 09:33:29 PM
http://www.youtube.com/watch?v=pYqqS7aTBVQ&list=PL3C264C70646796C4
agrrrrrr i'm so mad!!!!!!!!!!!
* opens window *
I'M MAD AS HELL AND I'M NOT GOING TO TAKE IT ANYMORE!!!!!!!!!!!!
agrrrrrr i'm so mad!!!!!!!!!!!
* opens window *
I'M MAD AS HELL AND I'M NOT GOING TO TAKE IT ANYMORE!!!!!!!!!!!!
October 26, 2013, 09:32:04 PM
I can't decide where this is going, too little volume.
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
fuck your wealth its a matter of principles at this point!
BUY BUY BUY
October 26, 2013, 09:29:19 PM
I can't decide where this is going, too little volume.
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
If you have to take opinions on a forum for your trading,........................................you're fcked.
October 26, 2013, 09:27:58 PM
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
Don't Get Zhou Tonged. Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
October 26, 2013, 09:23:15 PM
I can't decide where this is going, too little volume.
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
October 26, 2013, 09:17:34 PM
do i need to paint and arrow for you???
October 26, 2013, 09:17:19 PM
wtf are you people wait for? Xmas!?, fuck this I'm emptying my bank account tonight.
Good idea or best idea?
October 26, 2013, 09:08:45 PM
wtf are you people wait for? Xmas!?, fuck this I'm emptying my bank account tonight.
October 26, 2013, 09:01:58 PM
October 26, 2013, 08:58:13 PM
bitcoin is the only way we are going to stop the evil NWO and put in place a good NWO
everyone must buy!!!
i am drunk and high!
i wish i had more weed
i am one of you i am part of the 99%
we need only believe we have the power and we will!!
its so silly, yet so serious we must buy more!!
how do we get the avg joe to understand what's happening???
wtv BUY BUY BUY!!!
everyone must buy!!!
i am drunk and high!
i wish i had more weed
i am one of you i am part of the 99%
we need only believe we have the power and we will!!
its so silly, yet so serious we must buy more!!
how do we get the avg joe to understand what's happening???
wtv BUY BUY BUY!!!
October 26, 2013, 08:45:15 PM
When was tehre a 10k dump? I dont remember that.
Biggest thing was like a single 4k sell at like $150.
Biggest thing was like a single 4k sell at like $150.
October 26, 2013, 08:36:32 PM
I see lots of BTC entering the books on all markets, continuous selling, and failed recoveries. Perhaps it's all just a panic reaction from market participants but it would make sense if someone decided to capitulate starting near the ATH too.
i feel like the massive 10k dump has shaken the market and its not going to really go up again until we have more confidence. The dump proved that not only can the whales completely manipulate the market with the click of a button, but they are also more than willing to do so
October 26, 2013, 08:02:03 PM
October 26, 2013, 07:13:35 PM
I see lots of BTC entering the books on all markets, continuous selling, and failed recoveries. Perhaps it's all just a panic reaction from market participants but it would make sense if someone decided to capitulate starting near the ATH too.
October 26, 2013, 07:10:36 PM
Looks like someone is needing to capitulate some serious coin but there was no support to do it at higher levels. (the entire rally was actually contingent on nobody selling). So we have entered a multi-phase "btc-rocket" as I would lovingly call it because it increases my btc.
Phase 1: Flashcrash.
Phase 2: Slow and steady dump on low volume.
Phase 3: Slow and steady dump on real volume. You see 5K dumps now.
Possibly a phase 4 of final capitulation at high volume.
It ends when you seea high volume day of consisteny huge blocks/walls/buys of support at one level. It's not just going to creep up into a reversal on low volume like we are all hoping last night. (I must admit it was a moment of truth even for me, with both my buy and sell buttons engaged).
Phase 2: Slow and steady dump on low volume.
Phase 3: Slow and steady dump on real volume. You see 5K dumps now.
Possibly a phase 4 of final capitulation at high volume.
It ends when you seea high volume day of consisteny huge blocks/walls/buys of support at one level. It's not just going to creep up into a reversal on low volume like we are all hoping last night. (I must admit it was a moment of truth even for me, with both my buy and sell buttons engaged).
Huh? I cant understand. You think someone is trying to dump? Why?
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