This is the part where fools by back in thinking they have got a good deal. Let the fireworks commence ;-)
While I hate seeing folks lose .. someone has to and judging by super slow trade, looks like market jitters, or since it happened already .. twice .. prob just smart money waiting it out. I got a BTC just itching for 6000
Yep, I got out for a 5% profit today at 8100. Not buying back in before 6300 and probably lower to be honest. When you're playing with around 10 BTC you can't afford to jump back before it has well and truly hit rock bottom or at least leveled off with reasonably reliable evidence of an uptrend.
you play with btc and i with BC ..that is the differece why you have taked 5% and i 50% and more
I made 5% today. Off one trade (dont do the small trade game). Not sure what you mean however, we both play with BTC and BC unless all you do is buy BC and never sell it in which case you have made a loss today thus far.
EDIT: In response to your added information after posting. Wrong.
i finally see your patterns...
i have been observing your posts for the last few days and let me get this straight, while i can see why someone follows his own agenda and taking profits out of fools is part of the learning process for them, i most certainly dont like to be played.
We have tested a new low at 7500 - we are on the way up to new highs tonight! 12,000 by Monday.
So when you wrote few hours ago that the bottom has been retested and we are likely to go up to 12k soon, you did so to gain a little bit extra from your sells. And just e few hours later you wrote the exact opposite:
...
I agree with you. Only the religiously attached will mine a coin that incurs a net loss if one were to immediately convert that coin into Bitcoin due to electricity. It really is just gambling when people mine a coin and hope like hell that it becomes profitable in the future. Problem is, we are not seeing any real demand for the coin at this point in time if you take out the impact of the multipool buying up coins and whales playing their games. Notice how these dumps are coming in faster and faster today, we will probably hit 7500 in another hour - simply because 90% of the people that buy in this market are not willing to pay the current price. Those who are paying 7700 and above are simply not able to recognize the downward trend here and are paying more than they need. We were around 4000 Satoshi last week before the pumps began again and got us on an trend upwards. Most people will probably put their money back in between 5000 and 6000 considering most pumps generally result in a slightly higher floor after the dump. Until then we will continue to go down - up to the point were the amount people are willing to buy for = the amount people are willing to sell for in equal volume.
An interesting similarity:
Well It looks like the Pool and the whales have taken the foot of the peddle here - Good - I want to see how low this coin will go without any interferemce. How much is Joe Bloggs willing to pay for it unimpacted by pumps.
Try that for once? You know your influencing the masses when posting these analyses. It may be good for you but not for the coin.
