BITCON... WHY its totally FLAWED

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!
 
goldpelican said:
btcmarkets.net is another local exchange I am trialling - no problems getting funds in using POLI (which is an endorsement that they have been given a POLI integration approval), however BTC withdrawals can take a few hours as they appear to be manually processed. Hoovered some up on there yesterday $10-20 under MtGox rates.
Click to expand...

That's a decent rate - have you tried withdrawal yet?
 
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.
 
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 said:
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:
Click to expand...

I've done my due diligence on them now.

At the time I was being inundated with complaints about BTC on the forum.
 
goldpelican said:
Notice you haven't taken up the BTC membership option on the membership page :P
Click to expand...

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:
 
Recon said:
Absolutely every choice I make is for a deliberate reason. Its just how I roll. If I should not do Forex, like you say, please give me a rational logical reason as to why. Thx.
Click to expand...

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.
 
Looking awfully parabolic.

Nice to have a year's worth of silver volatility equivalent compressed into a week though :)
 
Max Keiser is calling $350 USD as his short term target - wonder how much that will influence people who hold out for that price.
 
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.
 
You must log in or register to reply here.
Back
Top