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Topic: Why the pessimism? (Read 4843 times)
This is not "one small drop". We're on a downtrend since 20th January, and have three consecutive days of going down. I'd say there are quite a few reasons for pessimism - especially for people who longed/bought .
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Go starfish go! Reliable as ever. Thanks bitcoinica.
This was a major market force down so I think we are ready to ramp up.
Nope. The only indicator that matters says go short.
you're very wrong. binary indicators are worthless, and your spamming the forums with this kind of post means that the market is likely already corrected for it.
Do you still think that this 'indicator' is worthless and market already corrected for it? It doesn't seem so
fits and starts. still nowhere near the $5.00 lows we saw before the beginning of the Great Bitcoin Comeback. don't be so easily discouraged. this is one small drop after days of steady growth.
03:01:29 > Current trend: -0.08000 USD, Volume:20975.5031 BTC
i woke up to the noise of a growling bear.
03:01:29 > Current trend: -0.08000 USD, Volume:20975.5031 BTC
This was a major market force down so I think we are ready to ramp up.
Nope. The only indicator that matters says go short.
you're very wrong. binary indicators are worthless, and your spamming the forums with this kind of post means that the market is likely already corrected for it.
Do you still think that this 'indicator' is worthless and market already corrected for it? It doesn't seem so
you would think Canada would have more % of different ethnicity, since our government treats migrants much better then US
Its risky right now, but if you can grab short as close to 5.90 on bitcoinica, and ride it down a bit past the spread till your in the green a bit is decent plan..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
ya, i dont see it going low enough to make this worth while, ill just have to wait a few days to short
I would go long in a few days.. fyi, shorting is for weekends..
Also your right, it wont go very low...
ya good plan, me I'm going to try and sell about half, iv been sitting on my trades for about 7 days, [email protected] 5.6 5.2
so it appears to make sense for me to hedge
I wish virtex had more volume, but at times there is massive arbitrage ops...
But a little more volume would be nice..
ya, it makes pushing coins harder
that's part of the problem.
Its risky right now, but if you can grab short as close to 5.90 on bitcoinica, and ride it down a bit past the spread till your in the green a bit is decent plan..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
ya, i dont see it going low enough to make this worth while, ill just have to wait a few days to short
I would go long in a few days.. fyi, shorting is for weekends..
Also your right, it wont go very low...
ya good plan, me I'm going to try and sell about half, iv been sitting on my trades for about 7 days, [email protected] 5.6 5.2
so it appears to make sense for me to hedge
I wish virtex had more volume, but at times there is massive arbitrage ops...
But a little more volume would be nice..
Its risky right now, but if you can grab short as close to 5.90 on bitcoinica, and ride it down a bit past the spread till your in the green a bit is decent plan..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
ya, i dont see it going low enough to make this worth while, ill just have to wait a few days to short
I would go long in a few days.. fyi, shorting is for weekends..
Also your right, it wont go very low...
ya good plan, me I'm going to try and sell about half, iv been sitting on my trades for about 7 days, [email protected] 5.6 5.2
so it appears to make sense for me to hedge
Its risky right now, but if you can grab short as close to 5.90 on bitcoinica, and ride it down a bit past the spread till your in the green a bit is decent plan..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
ya, i dont see it going low enough to make this worth while, ill just have to wait a few days to short
I would go long in a few days.. fyi, shorting is for weekends..
Also your right, it wont go very low...
Its risky right now, but if you can grab short as close to 5.90 on bitcoinica, and ride it down a bit past the spread till your in the green a bit is decent plan..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
ya, i dont see it going low enough to make this worth while, ill just have to wait a few days to short
the weekend thing is intermittent, some weekends people are ready and willing, and i think if anything excessive lows due to people not having money at the right time only leads to recods highs once they do the their money in
Its risky right now, but if you can grab short as close to 5.90 on bitcoinica, and ride it down a bit past the spread till your in the green a bit is decent plan..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
Edit, VERY risky, shit is all over the place right now.. but the weekend decline usually happens..
I've also noticed, dont be greedy, be happy with any profit, there will be lots of time to trade, baby steps..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
ya ... i learnt that lesson yesterday... i should have taken my 10$ profit at 6$.. now the best bid on virtex is 5.7
mind you 5.7 would mean 4$ profit, but i know they are worth more then that MTGox says they are! LOL i love bitcoin
I had a smoke and i thought, bitcoina is bull shit, Z is saying he will lend me money if i play by his rules, F that I have money, i dont need his....
Its safer if you dont over extend yourself.
I also messed up on virtex yesterday, an impulse sell on a false signal, and a stupid rebuy higher as the signal didnt come to fruition..
So lost a small amount, a coin or less..
Do yourself a favour and look at the 30 day MACD, you'll see that its bound to swing up eventually, so keep that in mind mid term..
Theres as ebb and flow to the market, weekends usually bring on the slow decline because of the banks being closed, and wednesdays the cash comes in from your typical deposit from the banks, and we have a nice upswing, have saw this now 5 weeks in a row, since I started watching..
after seeing that big buy, i was thinking the up would come sooner rather then later...
OH 5.93.. 5.94799 here it comes!
ops made a mistake, only 1.65$ profit at 5.7
I'm starting to lose my cool...
...SELL SELL SELL!
I'm starting to lose my cool...
...SELL SELL SELL! More you watch it the more youll trade too.. dont over analyze..over trade..
Going short on bitcoinica with a coin or two, try that for the weekend.. and close sun night, mon morn..
If you get liquidated, Ill chip in half cause your a canuck..
ops made a mistake, only 1.65$ profit at 5.7
I'm starting to lose my cool... ...SELL SELL SELL!
I'm starting to lose my cool...
...SELL SELL SELL! I've also noticed, dont be greedy, be happy with any profit, there will be lots of time to trade, baby steps..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
ya ... i learnt that lesson yesterday... i should have taken my 10$ profit at 6$.. now the best bid on virtex is 5.7
mind you 5.7 would mean 4$ profit, but i know they are worth more then that MTGox says they are! LOL i love bitcoin
I had a smoke and i thought, bitcoina is bull shit, Z is saying he will lend me money if i play by his rules, F that I have money, i dont need his....
Its safer if you dont over extend yourself.
I also messed up on virtex yesterday, an impulse sell on a false signal, and a stupid rebuy higher as the signal didnt come to fruition..
So lost a small amount, a coin or less..
Do yourself a favour and look at the 30 day MACD, you'll see that its bound to swing up eventually, so keep that in mind mid term..
Theres as ebb and flow to the market, weekends usually bring on the slow decline because of the banks being closed, and wednesdays the cash comes in from your typical deposit from the banks, and we have a nice upswing, have saw this now 5 weeks in a row, since I started watching..
I've also noticed, dont be greedy, be happy with any profit, there will be lots of time to trade, baby steps..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
ya ... i learnt that lesson yesterday... i should have taken my 10$ profit at 6$.. now the best bid on virtex is 5.7
mind you 5.7 would mean
I had a smoke and i thought, bitcoina is bull shit, Z is saying he will lend me money if i play by his rules, F that I have money, i dont need his....
I've also noticed, dont be greedy, be happy with any profit, there will be lots of time to trade, baby steps..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
Closing in the green and not waiting for it to go a ridiculous amount more profit is usually the smarter move..
in a nutshell, grab what little profit you can when you can and be sastisfied, and start again..
ok good advice will, will keep that in mind
my first move will be to wait for a good shorting opportunity... say 50$ or so jk..
my first move will be to wait for a good shorting opportunity... say 50$ or so
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