Mat take my advice take a position .."this is it " for 2014
The last tickets @ ~ 500 which are the last left for the 2014 move
The trend is your friend
Due to succumbing to an immense level of stress, I have just covered a short position on the very tip of a 35% run up. Under absolutely no fkn circumstances am I about to now go long at the very peak of a 35% run up. I am a fkn terrible trader, but not that bad as to do something as utterly fkn stupid as that. If the rocket is really about to take off then it will do so without me on board, but even if it does, it will come crashing right back down and in more gut wrenching fashion than most Bitcoin cultists will be able to withstand.....especially the bag holders who miss the chance to cover their losses.
I am watching the Bitstamp trades execute on Bitcoinwisdom. It seems very much to me like some whales consortium rolling BTC and fiat about between accounts to give the technical illusion of 'high support' at these price levels. 500 BTC bite out the ask wall at $505, followed by 500 BTC bite out bid wall at same price level. Volume looks impressive but actually very few are changing their positions.
Complete fkn bullshit trading to the very last Satoshi. Still, if it fools/convinces enough fresh capital to take the plunge.....................
