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Quote from: Bitsinmyhead on May 06, 2013, 08:54:11 PM

LOL trading Bitcoin on margin sure gets that blood flowing.

Where?

Also, are 99 BTC sells placed to intentionally stay below most users clarkmoody "ding!" sound? I feel like this is probably the case. Seen a few 99 BTC orders today.

Since Friday I've literally allocated a bunch of Bitcoins to the following (super dumb sounding) strategy. Whenever the price drops below a round number (within reason, it has to have been above that number for a "while" and a wall of some reasonable previously must have existed there), I sell immediately. Then, I buy the coins back for $5 cheaper (one time I bailed and bought too early, but it turns out I could have waited anyway). Ridiculously enough this strategy has worked like a charm and not once failed, though one time I was waiting for a while. Lets see how long this keeps up.

Quote from: underground_ on May 06, 2013, 08:55:15 PM

Quote from: samurai1200 on May 06, 2013, 08:54:53 PM

Quote from: Bitsinmyhead on May 06, 2013, 08:54:11 PM

LOL trading Bitcoin on margin sure gets that blood flowing.

Where?

bitfinex

What kind of leverage do they offer? I don't see it on their FAQ...

Quote from: thezerg on May 06, 2013, 08:46:53 PM

Interesting choice... dumping just before the end of the longest bank holiday of the year.

For the Orient to buy cheap coins for breakfast?

Trading on plus500, 4:1 leverage, its a pretty big Euro Forex broker, but not open to US customers unfortunately. See my signature for details.

"Retreat!" -Green leader

Unfortunately I'm in the US...

I feel as though we're a little ahead of where we should be using the exponential growth model. We should be around $90 right now. However I also feel that the news from china will keep us above that for a little bit longer. But since bitcoins inception we have always made it back to the same exponential model over time so feel it is inevitable.

Here we go again.
Weeee!

Quote from: billington.mark on May 06, 2013, 08:19:08 PM

I personally think 112 is the low for the next couple of days. Buying pressure is too high.

Oooops.

Quote from: samurai1200 on May 06, 2013, 09:08:05 PM

Unfortunately I'm in the US...

You can still use Bitfinex. It's a great site if you ask me.

What was that @ $112? Fake wall?

Donk donk donk donk! $110 wall gettin chewed up.

lets see if i manage to insert this picture...

maybe we get to 91?

Im short on Plus500 since 119 this is madness. Any news I've been missing?

Everybody is hoping for cheap coins but this is very bad for Bitcoin with the price moving like this. We'll see if the people in China that downloaded the client are willing to buy in a declining market.

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	Author	Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion (Read 26819330 times)
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