Wire transfer finally cleared. I'm in for $5,000.
Tried selling as it dipped but orders aren't executing. Out with $3,085. Good luck bros.
Bitcoin breaks $200
- Thread starter schockergd
- Start date
Tried selling as it dipped but orders aren't executing. Out with $3,085. Good luck bros.
The tallness means there's a drastic difference between the bid and ask prices...which means there's either too much supply or too much demand (supply in this instance, a lot of people are dumping coins).
EDIT: For instance:
People put in their sell order at $150 but the current bid is only $106. I honestly don't know if lag is the culprit or it's just that big of a drop.
I always thought it was the range between the open and close prices for that given time period. The highest and lowest prices are usually the 'wicks' coming out of the candle. I think that's what it is on stocks, FX etc, but I could well be wrong for this graph.
It looks like the lag is almost gone, which might be interesting to see if it changes trading activities at all once it's basically live again:
how are you determining lag? I'm still getting a way lower price then what it actually is based on the other platforms.
EDIT: NM, you image wasn't showing up for me a second ago.
That's what I was trying to say but I wrote a shitty explanation. Yours is more accurate.
bitcoinity.org/markets
Tried selling as it dipped but orders aren't executing. Out with $3,085. Good luck bros.
send me those 19 BTC and i'll send you some shrooms bro
lukep, I can just go back into the mtgox channel and spam my Jesus sell quotes and crash it further, but it's time for lunch.
Starting to looking like we've hit bottom:
Buy time?
Totally, go all in, since you accurately estimated the top, you are probably right about the bottom too.
What was the price when it was predominately miners holding bitcoins before speculators got in? That's where I'm buying in at for round 2.
Stable currencies have 40% up followed by 50 % down days Right? From being in the stock market and watching other bubbles pop, things tend to overshoot to the upside and to the downside. It wouldn't surprise me to see the price of bitcoins fall to $10 or below as people try to salvage what they can.
Starting to looking like we've hit bottom:
Buy time?
What in the hell are you basing that on? There's not one technical analysis method that would have predicted either the peak or the bottoming of this shit show, it's just people panicking.
Starting to looking like we've hit bottom:
Buy time?
No, what you are most likely seeing is resistance around $100. In this case $105. What I can tell you from years of trading is that this market AT THE VERY LEAST will test that resistance again.
If it tests resistance at $100-$105 and goes up from there, then you might have a good opportunity to buy.
Good for him. Took this shit for what it was - an investment opportunity minus all the romanticized "WE WILL TAKE DOWN THE GOVERNMENT WITH BITCOIN ALL HAIL BITCOIN" bullshit. This is a game just like any other exchange.
Obviously by the fact that there is more green volume than red volume now.
Watching it closely, haven't pounced yet...