We`ve hit the top. Now return to "normal" TA

Rampion

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Quote from: dg2010 on April 26, 2013, 11:08:32 AM

Quote from: Rampion on April 26, 2013, 04:00:38 AM

Really dumb? And how do you think that traders trade? You need both fiat and BTC on the exchange, you knew that?

A trader should keep enough reserve to cover his trades and that's it.

Using MTGOX as a bank account is the most retarded thing I've ever heard.

a) you are losing money. very minute you have fiat sitting in MTGOX you are losing money.
b) you risk losing it all, it's a considerable risk leaving large amounts of FIAT at MTGOX. If their accounts get closed tomorrow will you see any of it back? who knows.

Well, if you trade a consistent volume (lets say 5 figures of fiat and 4 figures of BTC) you will need that amounts, which may be very big for you, on the exchange. That's the reality if you are trading more than just play money.

dg2010

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Quote from: Rampion on April 26, 2013, 04:00:38 AM

Really dumb? And how do you think that traders trade? You need both fiat and BTC on the exchange, you knew that?

A trader should keep enough reserve to cover his trades and that's it.

Using MTGOX as a bank account is the most retarded thing I've ever heard.

a) you are losing money. very minute you have fiat sitting in MTGOX you are losing money.
b) you risk losing it all, it's a considerable risk leaving large amounts of FIAT at MTGOX. If their accounts get closed tomorrow will you see any of it back? who knows.

Jaroslaw

member

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supernode

Normal people only selling while bots buying thats mean one thing. We are going down. Also second day red candle says all.

Rampion

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Quote from: dg2010 on April 26, 2013, 03:53:14 AM

Quote from: Rampion on April 26, 2013, 03:30:35 AM

Very low? Very low is below $20 my friend. Anything above $20 is still huge gains compared to where we were just at the end of 2012.

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw Cheesy

You trust holding large amounts of fiat at exchanges? You must be really dumb.

Alternative hypotheses, you are talking shit and the reality is you have a small amount of money available in an exchange.

Really dumb? And how do you think that traders trade? You need both fiat and BTC on the exchange, you knew that?

In fact at this moment there are +$20M sitting on Gox's order book, plus +130KBTC. Lot's of dumb people, right?

Of course there are risks, bitcoin trading is risky for many things, and the poor infrastructure is one of them.

Nevertheless, there was never a single case of hacked account at Gox that used 2FA (youbikey and/or google authenticator). Yes, there can always be a first time... But it's a risk you will have to take if you want to trade intra-day.

dg2010

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Quote from: Rampion on April 26, 2013, 03:30:35 AM

Very low? Very low is below $20 my friend. Anything above $20 is still huge gains compared to where we were just at the end of 2012.

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw Cheesy

You trust holding large amounts of fiat at exchanges? You must be really dumb.

Alternative hypotheses, you are talking shit and the reality is you have a small amount of money available in an exchange.

Rampion

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Quote from: arepo on April 26, 2013, 03:34:09 AM

Quote from: Rampion on April 26, 2013, 03:30:35 AM

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw Cheesy

any time any says this on the forums, they are showing their hand. expect to be undercut by every single lurker. you will never get your coins at $X if you tell people you expect it to bottom out at $X -- because then it won't.

and we're not seeing $50 again, at least for the mid-term, at this point.

Well, a man can dream, a man can dream... I've been expecting a big crash to go "all in" since we were at $30ish, I keep dreaming about that.

arepo

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Activity: 448

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this statement is false

Quote from: Rampion on April 26, 2013, 03:30:35 AM

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw Cheesy

any time any says this on the forums, they are showing their hand. expect to be undercut by every single lurker. you will never get your coins at $X if you tell people you expect it to bottom out at $X -- because then it won't.

and we're not seeing $50 again, at least for the mid-term, at this point.

Rampion

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Activity: 1148

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Quote from: Jaroslaw on April 26, 2013, 02:36:47 AM

Next stop:

Verry low i think Cheesy

Very low? Very low is below $20 my friend. Anything above $20 is still huge gains compared to where we were just at the end of 2012.

I'm ready to buy all the coins available at $50, my fiat is waiting for that moment btw Cheesy

Jaroslaw

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supernode

Next stop:

Verry low i think Cheesy

dg2010

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You do realise that there are thousands of people in many different threads EVERY SINGLE DAY. Claiming there is a crash around the corner?

Lets see where we are next week.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Jaroslaw on April 26, 2013, 01:09:14 AM

So whats up guys ? Do you mad that i predict this crash? Just dont worry we will be under 100 soon

Wow... So mad... Really really mad.

I predict that the price will go down, and then it will go up.

And I did not study economics to know that Cheesy

Frozenlock

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Activity: 434

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Quote from: arepo on April 26, 2013, 01:24:31 AM

Quote from: Jaroslaw on April 26, 2013, 01:09:14 AM

So whats up guys ? Do you mad that i predict this crash? Just dont worry we will be under 100 soon

i do so mad..

Angry

so

mad

I see what you did there...

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: Jaroslaw on April 26, 2013, 01:09:14 AM

So whats up guys ? Do you mad that i predict this crash? Just dont worry we will be under 100 soon

i do so mad..

Angry

so

mad

Jaroslaw

member

Activity: 84

Merit: 10

supernode

So whats up guys ? Do you mad that i predict this crash? Just dont worry we will be under 100 soon

ElectricMucus

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Marketing manager - GO MP

Quote from: AmazonStuff on April 25, 2013, 02:07:53 PM

Quote from: AmazonStuff on April 25, 2013, 01:32:39 PM

It seems that this guy doesn't know what he's doing, on the other hand maybe he know exactly what he's doing, we shall see... Cheesy

pic

This guy just dumped everything he bought half an hour ago, so, now we know what will happen...

Don't you think he has learned from the experience?

AmazonStuff

hero member

Activity: 628

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Quote from: AmazonStuff on April 25, 2013, 01:32:39 PM

It seems that this guy doesn't know what he's doing, on the other hand maybe he know exactly what he's doing, we shall see... Cheesy

This guy just dumped everything he bought half an hour ago, so, now we know what will happen...

Jaroslaw

member

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Merit: 10

supernode

146 again... DOH Cheesy

AmazonStuff

hero member

Activity: 628

Merit: 500

This is so exciting, this is what I will watch tonight Cheesy

Green Green Grass Of Home - http://www.youtube.com/watch?v=a5IABqwVO2U

VS

Red Light Zone - http://www.youtube.com/watch?v=Z9Q6Xq1Tco0

Rampion

legendary

Activity: 1148

Merit: 1018

Well guys, if we break $145 we may have some relatively cheap coins ahead. I keep dreaming about $30 coins, but unfortunately I think is only a dream Cheesy

Jaroslaw

member

Activity: 84

Merit: 10

supernode

JUst wait for the LTC on mtgox. People will figured out that they was fullish with overpriced bitcoins while they can buy cheap litecoins

this will be huge

Topic: We`ve hit the top. Now return to "normal" TA (Read 4450 times)