The bitcoin price - GoFuckYourself.com

Vapid - BANNED FOR LIFE · 04-15-2013, 11:50 AM

It's $92.62. Analysis?

Supz · 04-15-2013, 11:54 AM

There isnt an analysis without anal.

DWB · 04-15-2013, 11:56 AM

Quote:

Originally Posted by Supz

There isnt an analysis without anal.

You had me at "Hello.'

CAHEK · 04-15-2013, 11:56 AM

Dirty F · 04-15-2013, 11:56 AM

I expect a drop to 70 or even a bit lower and then back to 100 and higher.

MikeRoth · 04-15-2013, 11:58 AM

My assets have been converted from bitcoin to litecoin until bitcoin becomes more volatile to turn a profit.

NiXXiN · 04-15-2013, 12:13 PM

http://www.ustream.tv/channel/idg-news-live

NiXXiN · 04-15-2013, 12:15 PM

http://www.ustream.tv/cbsnews

Vapid - BANNED FOR LIFE · 04-15-2013, 12:19 PM

The only advantage to mtgox's negligence has been that people are actually paying for things again with bitcoins.

djroof · 04-15-2013, 12:22 PM

anyone here use it?

ZeroHero · 04-15-2013, 12:27 PM

Quote:

Originally Posted by djroof

anyone here use it?

until you finf out some of them will make milions on cube

Salut'e!

dyna mo · 04-15-2013, 12:37 PM

everybody is waiting to see what happens. the little fish are watching the big fish.......

is there enough fiat in the system on mondays to post a rally? is that an issue anymore???maybe a rally is coming wednesday-ish...........seems the weekend rallys are a thing of the past.....

/brainstorm

Vapid - BANNED FOR LIFE · 04-15-2013, 12:46 PM

It's a 51%/49% scenario at the moment Dyna mo.
The new money bought in at $260 and is scared shitless and trying to salvage.

Meanwhile the smart money is buying on any and every dip in the price.
That equation will shortly reverse and the price will look like before.

seeandsee · 04-15-2013, 12:53 PM

Some people say BC is now stronger than before, lol

dyna mo · 04-15-2013, 12:53 PM

i hear ya, i almost bought back in at $250-ish, then realized i truly think this will all repeat itself in a couple years, so why not sit back and wait for the price to stabilize after this hype cycle. i'm actually not planning on buying back in until 3-4 more weeks+ have passed.

dyna mo · 04-15-2013, 01:19 PM

WarChild · 04-15-2013, 01:55 PM

I just started calculating trading it within it's day range as if it were a stock you were day trading using a divergence momentum trading methodology. Note there is a significant difference in that I can only trade in one direction and not two, but as an experiment I thought I'd give it a try.

On an initial account of $2000, keeping slippage and volume in mind, and accounting for commissions (so far as their highest tier as I would start with no monthly volume) after 3 buys and 3 sales my trading account would now be worth $2229. Just over 10% turn around in about 6 hours.

I am considering funding an actual account in the closer to $5000 range (have to watch volumes as this wouldn't be scalable too much higher) and doing it for real in the next day or so. Just want to play around with it a bit more.

Thoughts anyone?

WarChild · 04-15-2013, 02:00 PM

Worth noting that had I been able to sell short I'd have made a bunch more on this run down too.

dyna mo · 04-15-2013, 02:07 PM

Quote:

Originally Posted by WarChild

Worth noting that had I been able to sell short I'd have made a bunch more on this run down too.

i can't comment to your first post, but you can short btc at a couple of the exchanges,

http://icbit.se/

https://bitfinex.com/

People trade options here - http://bitcoin-otc.com/

http://wiki.bitcoin-otc.com/wiki/Option_orders

is that the sort of thing that you could use? i do not use those myself so i have no experience with them.

Paul · 04-15-2013, 02:09 PM

Quote:

Originally Posted by WarChild

Worth noting that had I been able to sell short I'd have made a bunch more on this run down too.

You might find these links interesting

http://techcrunch.com/2013/04/09/coi...bitcoin-trade/

https://www.bitfinex.com
https://icbit.se

I'm with MikeRoth, I'm bullish on Litecoins. Just my opinion but I think people are waiting to see if Mt Gox announce this week the trading of Litecoins, I think that'll be the next bubble

Paul · 04-15-2013, 02:09 PM

LOL beat me to it by about a minute

dyna mo · 04-15-2013, 02:12 PM

here is another way it's being talked about shorted::::::

Alternately, slide over to BTCjam.com.

To go long on BTC, take a loan and tie it to the BTC/USD exchange rate. Wait for it to rise and pay back the loan. Keep the difference.

To go short on BTC, take a loan and don't tie it to an exchange rate. Transfer it to CampBx and sell it. Buy it back at the lower price, ship it back to BTCjam, and pay back the loan. Keep the difference.

Dirty F · 04-16-2013, 09:48 AM

Quote:

Originally Posted by Dirty F

I expect a drop to 70 or even a bit lower and then back to 100 and higher.

Dirty F · 04-16-2013, 09:50 AM

Damn, crazy amount of trades once it hit $80.

04-15-2013, 11:50 AM	#1
Vapid - BANNED FOR LIFE Barterer Industry Role: Join Date: Aug 2004 Posts: 4,864	The bitcoin price It's $92.62. Analysis?

04-15-2013, 11:56 AM	#4
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 6,809	__________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

04-15-2013, 11:58 AM	#6
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	My assets have been converted from bitcoin to litecoin until bitcoin becomes more volatile to turn a profit. __________________ ICQ: 64995031

04-15-2013, 12:13 PM	#7
NiXXiN Confirmed User Industry Role: Join Date: Apr 2012 Location: Canada Posts: 470	http://www.ustream.tv/channel/idg-news-live __________________ _______________________________________________ Onliance Resident Ginger \| RBC Member \| AppDev. Irc.Rizon.net #GFY

04-15-2013, 12:15 PM	#8
NiXXiN Confirmed User Industry Role: Join Date: Apr 2012 Location: Canada Posts: 470	http://www.ustream.tv/cbsnews __________________ _______________________________________________ Onliance Resident Ginger \| RBC Member \| AppDev. Irc.Rizon.net #GFY

04-15-2013, 11:54 AM	#2
Supz Arthur Flegenheimer Industry Role: Join Date: Jul 2006 Location: New York City Posts: 11,056	There isnt an analysis without anal.

04-15-2013, 11:56 AM	#5
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	I expect a drop to 70 or even a bit lower and then back to 100 and higher.

04-15-2013, 12:19 PM	#9
Vapid - BANNED FOR LIFE Barterer Industry Role: Join Date: Aug 2004 Posts: 4,864	The only advantage to mtgox's negligence has been that people are actually paying for things again with bitcoins.

04-15-2013, 12:22 PM	#10
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,375	anyone here use it?

04-15-2013, 12:37 PM	#12
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,283	everybody is waiting to see what happens. the little fish are watching the big fish....... is there enough fiat in the system on mondays to post a rally? is that an issue anymore???maybe a rally is coming wednesday-ish...........seems the weekend rallys are a thing of the past..... /brainstorm

04-15-2013, 12:46 PM	#13
Vapid - BANNED FOR LIFE Barterer Industry Role: Join Date: Aug 2004 Posts: 4,864	It's a 51%/49% scenario at the moment Dyna mo. The new money bought in at $260 and is scared shitless and trying to salvage. Meanwhile the smart money is buying on any and every dip in the price. That equation will shortly reverse and the price will look like before.

04-15-2013, 12:53 PM	#14
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	Some people say BC is now stronger than before, lol __________________ BUY MY SIG - 50$/Year Contact here

04-15-2013, 01:19 PM	#16
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,283

04-15-2013, 01:55 PM	#17
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	I just started calculating trading it within it's day range as if it were a stock you were day trading using a divergence momentum trading methodology. Note there is a significant difference in that I can only trade in one direction and not two, but as an experiment I thought I'd give it a try. On an initial account of $2000, keeping slippage and volume in mind, and accounting for commissions (so far as their highest tier as I would start with no monthly volume) after 3 buys and 3 sales my trading account would now be worth $2229. Just over 10% turn around in about 6 hours. I am considering funding an actual account in the closer to $5000 range (have to watch volumes as this wouldn't be scalable too much higher) and doing it for real in the next day or so. Just want to play around with it a bit more. Thoughts anyone? __________________ .

04-15-2013, 02:00 PM	#18
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	Worth noting that had I been able to sell short I'd have made a bunch more on this run down too. __________________ .

04-15-2013, 02:09 PM	#21
Paul Confirmed User Industry Role: Join Date: Nov 2002 Posts: 2,637	LOL beat me to it by about a minute

04-15-2013, 02:12 PM	#22
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,283	here is another way it's being talked about shorted:::::: Alternately, slide over to BTCjam.com. To go long on BTC, take a loan and tie it to the BTC/USD exchange rate. Wait for it to rise and pay back the loan. Keep the difference. To go short on BTC, take a loan and don't tie it to an exchange rate. Transfer it to CampBx and sell it. Buy it back at the lower price, ship it back to BTCjam, and pay back the loan. Keep the difference.

04-16-2013, 09:50 AM	#24
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Damn, crazy amount of trades once it hit $80.