Don't have an ego. Always question yourself and your ability.
- #4,323
- Edited 7:43am Aug 18, 2014 7:28am | Edited 7:43am
Seeing a potential 3 of 3 down to complete C - wave here... buyer beware! {image}
I cant help but think this is FX market whales (that normally operate on the fiat FX market) making their $ on short selling because of lack of regulation on BTC. Would help to explain why its a bit quieter around FX world. Of course it cant possibly account for all the quiet around fiat FX, but it would just take one or two big FX whales to take an interest in BTC market to push the price around to whatever they want, quite cheaply and quickly. They would only need to spend much % of their usual daily trading allowance to get the price down to 250 / 300 then just flip the switch and buy the heck out of it and watch it rally to who knows what levels!
Of course we wont really know anything about all this until its old news for the insiders.
I bought in again at 475. I will line up another buy order at 300 or 275 I recon. I want to see what kind of reaction Argentina and other markets are going to have in the next months when they dip their toes in, like China did last year. Also while the previous low of $50 remains in tact, Im holding on for life to the bull horns!!!
- #4,329
- Aug 20, 2014 10:03pm Aug 20, 2014 10:03pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
{quote} Hope you got the retrace. By my reckoning the retrace is now over. $3 past the target. Should head on down again but might go sideways for a while.
Hopefully a bottom is established soon so we can see whats next 
Apparently adoption pace is picking up in Argentina, there might be a rally's worth left in 2014!
Hi,
hello again, I haven't visited this thread for a while, but thanks to you I've got interested in BTC. We've seen some turmoil recently, there are some info surfacing as to the nature of the crash, you must have seen the articles on coindesk
http://www.coindesk.com/margin-tradi...price-bitcoin/
http://www.coindesk.com/margin-tradi...price-decline/
I've got one more report from Pantera Capitals, but I don't want to share it here, please PM me if anyone is interested. One great point is that despite the steep fall, there were instant buyers, and some people actually managed to grasp some 3xx ish Bitcoins. This is a sigh of the market being healthy, despite over-leverage; many traders used leverage to open positions that were as big as possible, sth like the concept of "Rags to Riches" http://www.forexfactory.com/showthread.php?t=444377
Good trading to all of us
hello again, I haven't visited this thread for a while, but thanks to you I've got interested in BTC. We've seen some turmoil recently, there are some info surfacing as to the nature of the crash, you must have seen the articles on coindesk
http://www.coindesk.com/margin-tradi...price-bitcoin/
http://www.coindesk.com/margin-tradi...price-decline/
I've got one more report from Pantera Capitals, but I don't want to share it here, please PM me if anyone is interested. One great point is that despite the steep fall, there were instant buyers, and some people actually managed to grasp some 3xx ish Bitcoins. This is a sigh of the market being healthy, despite over-leverage; many traders used leverage to open positions that were as big as possible, sth like the concept of "Rags to Riches" http://www.forexfactory.com/showthread.php?t=444377
Good trading to all of us
- #4,334
- Sep 9, 2014 4:23am Sep 9, 2014 4:23am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #4,335
- Sep 9, 2014 2:43pm Sep 9, 2014 2:43pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #4,336
- Sep 9, 2014 2:48pm Sep 9, 2014 2:48pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} No mate. It's just that although bitcoin is not boring, but trading bitcoin is. Only way to trade it is to hold your trade until it is stopped out... Cheers. {image} {image}
The Chonchy
- #4,337
- Sep 9, 2014 2:49pm Sep 9, 2014 2:49pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #4,338
- Sep 9, 2014 2:59pm Sep 9, 2014 2:59pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #4,339
- Sep 9, 2014 4:20pm Sep 9, 2014 4:20pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #4,340
- Sep 10, 2014 1:59am Sep 10, 2014 1:59am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
I want one of this..... http://us6.campaign-archive1.com/?u=...4&e=f39c419c50 Do you guys have a better deal
Money Makes Money