Warning | Bitcointalksearch.org

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: SaintFlow on January 01, 2012, 04:47:33 PM

If you shortsell now you will very likely have your money taken away from you.

It seems that big exchanges are happening now masked as many small transactions
in order to make it look like a run on this good price.

But you will feel like a complete fool once you have seen how long this rally continues
orchestrated by some group or individuals with a much larger bankaccount then you.

And they will continue the rally - carefull not to bubble it too soon so you can still buy
now while it actually is cheep.

The fact that they picked New Year for this big rise was very wise.
Everyone is emotional now so they can take a big jump without fear of bubble.

My best guess is in the next days the rally will continue - but at a much slower pace.

Happy new year on the bitcoin friends

And be warned not to go short now or loose additional profits you can reap later.

Turns out this was a good sell signal. Thanks.

Serge

legendary

Activity: 1050

Merit: 1000

enjoy sub $5 rates while you can, it may not last as long as many think

naima53

hero member

Activity: 616

Merit: 502

Quote from: SaintFlow on January 01, 2012, 04:47:33 PM

If you shortsell now you will very likely have your money taken away from you.

It seems that big exchanges are happening now masked as many small transactions
in order to make it look like a run on this good price.

But you will feel like a complete fool once you have seen how long this rally continues
orchestrated by some group or individuals with a much larger bankaccount then you.

And they will continue the rally - carefull not to bubble it too soon so you can still buy
now while it actually is cheep.

The fact that they picked New Year for this big rise was very wise.
Everyone is emotional now so they can take a big jump without fear of bubble.

My best guess is in the next days the rally will continue - but at a much slower pace.

Happy new year on the bitcoin friends

And be warned not to go short now or loose additional profits you can reap later.

I just was short on bitcoinica and have earned 1000$

. But I won't risk once again to make it now...

mobodick

hero member

Activity: 840

Merit: 1000

Quote from: SaintFlow on January 01, 2012, 04:47:33 PM

If you shortsell now you will very likely have your money taken away from you.

You made me lol..

I have a better theory that actually made me some coins.

Startig at the end of november the christmas spirit came over the community.
Psychological bottom was hit around $2, lots of positive speak on the forum and people generally going from bear to bull.
Some folks with lots of coins thought "let's give the community a christmas gift and a happy newyear by driving the price up a bit".

As you propably realise by now, both christmas and newyear are behind us and so is the gift.
It was bound to come falling down in the first couple of days of this year.

To me it felt almost as an inside joke supported by the community.

SaintFlow

sr. member

Activity: 476

Merit: 250

The first is by definition not flawed.

Hmmm

appearently now it seems like it really was a cool story

while it lasted

Crypt_Current

hero member

Activity: 686

Merit: 500

Shame on everything; regret nothing.

Quote from: GeniuSxBoY on January 01, 2012, 05:23:20 PM

Why do you guys bother with bitcoinica again?

to make a $100 profit off $20 initial investment over a month's time. Doesn't sound like much, but it's groceries.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: GeniuSxBoY on January 01, 2012, 05:23:20 PM

Why do you guys bother with bitcoinica again?

To see when the bull winks his eye.

Quote from: notme on January 01, 2012, 05:35:03 PM

Quote from: cypherdoc on January 01, 2012, 05:19:32 PM

Quote from: mb300sd on January 01, 2012, 05:05:40 PM

Bitcoinica keeps giving me the * when trying to buy... sure sign of a bull market.

****************************************************************************************

When the bull's eye winks:
If MtGox is climbing, hold long
If MtGox has stalled of falling, squeeze is available
When the bear's eye winks:
If MtGox is falling, hold short
If MtGox has stalled or climbing, squeeze is available

I closed my long and posted that right before the drop.

2112

legendary

Activity: 2128

Merit: 1073

Quote from: mb300sd on January 01, 2012, 05:38:52 PM

The quantum exchange... I bought or sold, but I don't know which until I close my position.

Ha ha! This is a very good joke. It may be the most succinct way to describe a modern bucket shop.

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

Quote from: Gabi on January 01, 2012, 05:36:54 PM

Look at this graph, you must clearly BUY/SELL*

*it's a qubit in it's superposition state, it still don't decided if become buy or sell Cheesy

The quantum exchange... I bought or sold, but I don't know which until I close my position.

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Look at this graph, you must clearly BUY/SELL*

*it's a qubit in it's superposition state, it still don't decided if become buy or sell Cheesy

GeniuSxBoY

hero member

Activity: 616

Merit: 500

Quote from: ineededausername on January 01, 2012, 05:32:48 PM

Quote from: GeniuSxBoY on January 01, 2012, 05:23:20 PM

Why do you guys bother with bitcoinica again?

I like to buy high, sell low, and bitcoinica lets me do that with its huge spread.
I like to get fucked no matter if I'm right or wrong, and bitcoinica lets me do that with its inadequate float.
I like to get screwed over 10 times as hard, and bitcoinica lets me do that with margin.
I like to lend my money to other people so that they can cover their shorts, and then not have any left over for myself to trade.

Grin

You hit the nail on the head.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Quote from: GeniuSxBoY on January 01, 2012, 05:23:20 PM

Why do you guys bother with bitcoinica again?

I like to buy high, sell low, and bitcoinica lets me do that with its huge spread.
I like to get fucked no matter if I'm right or wrong, and bitcoinica lets me do that with its inadequate float.
I like to get screwed over 10 times as hard, and bitcoinica lets me do that with margin.
I like to lend my money to other people so that they can cover their shorts, and then not have any left over for myself to trade.

Grin

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

Quote from: GeniuSxBoY on January 01, 2012, 05:23:20 PM

Why do you guys bother with bitcoinica again?

margin.

GeniuSxBoY

hero member

Activity: 616

Merit: 500

Why do you guys bother with bitcoinica again?

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Vandroiy on January 01, 2012, 05:02:23 PM

And if I sell instead of short-selling, will still someone take my money? Huh

Nice crystal ball. I'll stick to a mixed strategy though, we've had "Bitcoin will rise forevaaa" before. Wink

@Bitcoinica they will take your USD and give them to the shorts to cover! don't bother trying to get them out!

Vandroiy

legendary

Activity: 1036

Merit: 1002

And if I sell instead of short-selling, will still someone take my money? Huh

Nice crystal ball. I'll stick to a mixed strategy though, we've had "Bitcoin will rise forevaaa" before. Wink

GeniuSxBoY

hero member

Activity: 616

Merit: 500

SaintFlow

sr. member

Activity: 476

Merit: 250

The first is by definition not flawed.

If you shortsell now you will very likely have your money taken away from you.

It seems that big exchanges are happening now masked as many small transactions
in order to make it look like a run on this good price.

But you will feel like a complete fool once you have seen how long this rally continues
orchestrated by some group or individuals with a much larger bankaccount then you.

And they will continue the rally - carefull not to bubble it too soon so you can still buy
now while it actually is cheep.

The fact that they picked New Year for this big rise was very wise.
Everyone is emotional now so they can take a big jump without fear of bubble.

My best guess is in the next days the rally will continue - but at a much slower pace.

Happy new year on the bitcoin friends

And be warned not to go short now or loose additional profits you can reap later.

Topic: Warning (Read 1997 times)