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Cryptocurrency Traders Club - Page 12

Poll Results: How do you feel about crypto currencies in general (not any specific coin)?

 
  • 31% (20)
    This is the future of financial transactions and will replace current systems in 5-10 years!
  • 35% (23)
    It's an evolutionary step, but without regulation and standardization will likely be replaced eventually.
  • 20% (13)
    It's likely to go strong for a few years, but long-term will simply be viewed as a fad.
  • 12% (8)
    It's a ridiculous ponzi-scheme, and it could all collapse entirely any second now!
64 Total Votes  
post #111 of 319
Doge bottoms out now or sub 100?
    
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post #112 of 319
Thread Starter 
Quote:
Originally Posted by Willanhanyard View Post

Doge bottoms out now or sub 100?

Hard to say... I bought back in @ 105 last night... then got scared when the run started dying off at ~140.

Just liquidated everything @ 133 - gains locked in... so I'm hoping to wake up with it back in the low 100 range tomorrow. Hard to say for sure.

I may have just guaranteed that I can't profit much at all, but it's simply a little too volatile at the moment for just holding on and hoping for the moon launch to happen tomorrow. biggrin.gif

EDIT: Aaaaaand... the volume's heading back up so I'm partially back in... caught a small drop back (129) but then everything shot away! Guess we'll ride this for a little while... looks like it might be one heck of a pump going on. Although that likely means an even bigger dump coming - as there's basically no news that I can find that would justify a 50% gain in 8 hours. redface.gif
Edited by DiGiCiDAL - 3/12/14 at 5:13am
post #113 of 319
all i know 0LY jumped yesetrday as predicted by the halving
post #114 of 319
Quote:
Originally Posted by DiGiCiDAL View Post

Hard to say... I bought back in @ 105 last night... then got scared when the run started dying off at ~140.

Just liquidated everything @ 133 - gains locked in... so I'm hoping to wake up with it back in the low 100 range tomorrow. Hard to say for sure.

I may have just guaranteed that I can't profit much at all, but it's simply a little too volatile at the moment for just holding on and hoping for the moon launch to happen tomorrow. biggrin.gif

EDIT: Aaaaaand... the volume's heading back up so I'm partially back in... caught a small drop back (129) but then everything shot away! Guess we'll ride this for a little while... looks like it might be one heck of a pump going on. Although that likely means an even bigger dump coming - as there's basically no news that I can find that would justify a 50% gain in 8 hours. redface.gif

Wish my Bitstamp account could be verified already, I would have been all over 103 for a nice 50% profit in a few hours. smile.gif

I guess it will be a slow downhill to 100 again then we will repeat. What chu thing?
    
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post #115 of 319
Thread Starter 
Quote:
Originally Posted by Willanhanyard View Post

Wish my Bitstamp account could be verified already, I would have been all over 103 for a nice 50% profit in a few hours. smile.gif

I guess it will be a slow downhill to 100 again then we will repeat. What chu thing?

I'm thinking it might not be quite so slow in that downhill rush to 100... and we might go below it this time. Seems like there is growing bearish sentiment - although part of that could simply be the increase in BTC value currently, but it's looking like there might be some growth on the sell side and we could see 100 (or close to it) by the weekend actually. Of course, buy-whales might just be sleeping at the moment, but based on that volume and direction I'm thinking it will drop by no less than 20-30 before doing anything positive.



I actually sold off all of my recent DOGE I bought and half my 'reserves' just to take profits. I'll hold ~500K forever and if it gets back down to 100 or so I'll pick up a couple million for speculation again. The last 24 hours were pretty nice, but I still wish I'd just bought another BTC or two of BC back when it was down to 400. I really think the deflation in the PoS coins like BC and MINT (possibly even ZEIT to a much lesser extent) make them much more likely to deliver longer-term incremental gains.

However, like everything else in crypto-land... things could change at a moment's notice - and for almost any reason, real or imaginary. biggrin.gif

It's also good to note that although there is currently decent volume on both sides - there's definitely more volume on the buy side so I think it might level off in the 120's to 130's for awhile before a real move happens again. Who knows for sure. redface.gif
Edited by DiGiCiDAL - 3/13/14 at 6:32am
post #116 of 319
Wow! BC went up another 500 while I was sleeping. I sold at 1430, put some low buy orders in and it's done nothing but go to the moon overnight. I made very good money selling at 1430, but the current price of 1856 seems to be a very risky place to try to jump back in. Does anybody have a crystal ball to tell me which direction the price is going from here? rolleyes.gif
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post #117 of 319
Quote:
Originally Posted by Roulette Run View Post

Wow! BC went up another 500 while I was sleeping. I sold at 1430, put some low buy orders in and it's done nothing but go to the moon overnight. I made very good money selling at 1430, but the current price of 1856 seems to be a very risky place to try to jump back in. Does anybody have a crystal ball to tell me which direction the price is going from here? rolleyes.gif

The US will probably Dump when they wake up due to the prices... We will see though.
post #118 of 319
Quote:
Originally Posted by blkdoutgsxr View Post

The US will probably Dump when they wake up due to the prices... We will see though.

Looks like you were right, then they might spend all day trying to build it back up again. lol Who knows?
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post #119 of 319
Thread Starter 
I sure hope they dump it further... have some trailing buys that aren't likely to hit at the current pace. Volume is tepid (of course) at BTER due to the very short time it's been listed there... but there's a pretty big wall set at 2100 (~5BTC worth) so if nothing else - assuming they don't drop it and move it higher - it looks like the top won't be any higher than that. In other coins, a 5BTC wall is pretty much nothing, but considering the daily volume in BC is only a little over 13BTC... that's the equivalent of a $2M sell order on the BTC market. smile.gif

The average buy/sell seems to fall right around 15K BC (my trades are also usually around this amount) but the sell wall is for ~240K... so I don't see it dropping on pure speculation.

Of course, I was positive that DOGE wouldn't find support at the 140 level and it's proven me wrong... but I can't bring myself to buy in at that level just to wind up holding the bag again. redface.gif I guess I can't be too upset however as that was the price I sold out at, and at least it didn't shoot up to 200 leaving me priced out of DOGE entirely (especially since that would have meant another 2BTC in profits I missed out on)!
post #120 of 319
Kraken added DOGE not too long ago, its symbol is XDG. They have kind of a weird inverted price notation for it, though. They list prices as amount of DOGE per Bitcoin, not Bitcoin per DOGE. People have requested for them to change it to the normal price notation.
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