BITCON... WHY its totally FLAWED

Discussion in 'Digital Currencies' started by 1for1, Aug 6, 2012.

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  1. pro$pector

    pro$pector New Member

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    I get to buy BTC-E USD for AUD rate on the day with no fees (have a contact who is slowly cashing out via BTC-E and just does a U2U transfer)...I love that!
     
    pro$pector, Oct 23, 2013
    #1861
  2. Phiber

    Phiber Well-Known Member Silver Stacker

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    That's a decent rate - have you tried withdrawal yet?
     
    Phiber, Oct 23, 2013
    #1862
  3. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Coinjar are doing sell orders again by the looks.
     
    RetardedMonkey, Oct 23, 2013
    #1863
  4. goldpelican

    goldpelican Administrator Staff Member

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    Just sold a bunch at $211 AUD on ANX (equivalent) - $20 profit per BTC in 1 day, kept as BTC. Profit taken, waiting for a buy-in opportunity now :)

    Kept enough should it keep going up.
     
    goldpelican, Oct 23, 2013
    #1864
  5. pro$pector

    pro$pector New Member

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    How funny the Pelican is a BTC fan now.

    Banned me from selling them in normal sales threads and refused to let me donate BTC to become a paid member not that many months back. :lol:
     
    pro$pector, Oct 23, 2013
    #1865
  6. goldpelican

    goldpelican Administrator Staff Member

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    I've done my due diligence on them now.

    At the time I was being inundated with complaints about BTC on the forum.
     
    goldpelican, Oct 23, 2013
    #1866
  7. pro$pector

    pro$pector New Member

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    Hahaha no hard feelings here, just couldn't help not posting it!
     
    pro$pector, Oct 23, 2013
    #1867
  8. goldpelican

    goldpelican Administrator Staff Member

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    Notice you haven't taken up the BTC membership option on the membership page :p
     
    goldpelican, Oct 23, 2013
    #1868
  9. pro$pector

    pro$pector New Member

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    Haha I knew that was coming! As soon as I get back into gold and silver buying/selling I will do so.

    0.25 BTC will probably be $100 by then! :lol:
     
    pro$pector, Oct 23, 2013
    #1869
  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Already have, leave it to the computer programs.

    Willrocks or one of the other computer savvy types may be able to explain better, or even one of the trader types but basically forex is the most traded commodity in the world. It is traded 25 hours a day and involves the use of high speed supercomputers dumping and buying huge amounts based on a few percentiles of movement. A typical forex trade by one of these computers is that quick it will make your worst performance in bed give you the reputation of Rasputin.

    Not a good scene to try old fashioned analysis on, particularly seeing as you sleep on average 8 hours per day and are at work for a similar time.
     
    mmm....shiney!, Oct 23, 2013
    #1870
  11. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    ^^^ That is why he is the man!!!!!! :lol:
     
    mmm....shiney!, Oct 23, 2013
    #1871
  12. goldpelican

    goldpelican Administrator Staff Member

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    $224 USD on MTGox
     
    goldpelican, Oct 23, 2013
    #1872
  13. goldpelican

    goldpelican Administrator Staff Member

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    Looking awfully parabolic.

    Nice to have a year's worth of silver volatility equivalent compressed into a week though :)
     
    goldpelican, Oct 23, 2013
    #1873
  14. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Price is shooting up massively... can't help but feel history could repeat itself with a massive pullback?
     
    RetardedMonkey, Oct 23, 2013
    #1874
  15. goldpelican

    goldpelican Administrator Staff Member

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    Max Keiser is calling $350 USD as his short term target - wonder how much that will influence people who hold out for that price.
     
    goldpelican, Oct 24, 2013
    #1875
  16. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Getting close to breaking the highest high
     
    RetardedMonkey, Oct 24, 2013
    #1876
  17. Phiber

    Phiber Well-Known Member Silver Stacker

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    Yes it is shooting up!
    There will probably be a pull back, question is how high will it go and where will it pull back to? I am selling a bit here and there as it goes up to get back in after the drop.
    I wonder if the previous high will have any psychological impact as we are nearing this level.
     
    Phiber, Oct 24, 2013
    #1877
  18. Phiber

    Phiber Well-Known Member Silver Stacker

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    Greed is a tricky thing isn't it!
     
    Phiber, Oct 24, 2013
    #1878
  19. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Very much so. It's tempting to just get out now.

    I'm a bit of a gambler, but that's why I hold so much silver :lol:
     
    RetardedMonkey, Oct 24, 2013
    #1879
  20. pro$pector

    pro$pector New Member

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    I'm slowly selling, watch both CNY and USD price carefully though.
     
    pro$pector, Oct 24, 2013
    #1880
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