The Bitcoin Thread

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satanboy said:
Where did I say he didn't? But someone must have reported him to be banned. I am not saying I agree or disagree....merely that people are trying to bait him and he can't even respond. Seems childish.
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Doesn’t just seem childish, it is childish.
 
Slootvreter said:
At what point will you buy again?
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This is the million rand question is it not :) I think it could still go down a bit more....maybe sub 110K. But the drops have been so short recently, you don't want to miss out....I am watching carefully. You also don't want to buy in too soon and then loose more. Happened a few times to me.

It's a per second game :D
 
iFan said:
This is the million rand question is it not :) I think it could still go down a bit more....maybe sub 110K. But the drops have been so short recently, you don't want to miss out....I am watching carefully. You also don't want to buy in too soon and then loose more. Happened a few times to me.

It's a per second game :D
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*** man now I want to buy again, I set a notification for 80K. There I noticed my previous notifications for R30k /facepalm

Is this the way I will feel in a year's time if I don't buy at R110k? :crylaugh:
 
iFan said:
This is the million rand question is it not :) I think it could still go down a bit more....maybe sub 110K. But the drops have been so short recently, you don't want to miss out....I am watching carefully. You also don't want to buy in too soon and then loose more. Happened a few times to me.

It's a per second game :D
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did this yesreday, saw a drop sold, and then next day another jump bigger than yesterday,
this is proving to be harder to stay on top of than a crocodile trying to eat your leg....

I mean seriously earlier today 120K like seriously WTF
 
Slootvreter said:
*** man now I want to buy again, I set a notification for 80K. There I noticed my previous notifications for R30k /facepalm

Is this the way I will feel in a year's time if I don't buy at R110k? :crylaugh:
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Looks like the time to buy was R111K about 8 minutes ago. I did an EFT from FNB as soon as I noticed the big drop on Bittrex but now that it cleared it's already up R4K on Luno.
 
For the guys trading on the Luno exchange, are you getting charged that 1% every time? i.e. on buys and sells? I thought it should only be on one of them?
 
Slootvreter said:
*** man now I want to buy again, I set a notification for 80K. There I noticed my previous notifications for R30k /facepalm

Is this the way I will feel in a year's time if I don't buy at R110k? :crylaugh:
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Haha trust me...when I see my first transaction of R100 investment @ R53 475 I could kick myself...
 
iFan said:
For the guys trading on the Luno exchange, are you getting charged that 1% every time? i.e. on buys and sells? I thought it should only be on one of them?
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Buying on the spur of the moment will pretty much always charge you 1% taker fee. If you are patient and set a buy/sell order ahead of time to get others to trade on then you won't pay 1% as you are a 'maker'. You could pay anything from 0%- under 1%, depends on if you are making or taking.
 
Sensorei said:
Buying on the spur of the moment will pretty much always charge you 1% taker fee. If you are patient and set a buy/sell order ahead of time to get others to trade on then you won't pay 1% as you are a 'maker'. You could pay anything from 0%- under 1%, depends on if you are making or taking.
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Ahhhh okay, thank you!! I understood the maker being the person buying and taker being the one buying ie. taking cash and thus being charged.

This makes more sense, thanks. Even so, it's cheaper than instant from what I read which is around 2%.

Luno is definitely making money off of me :whistle:
 
iFan said:
Major drop now...get ready to buy again :D
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AKA bit red elevator from hell. I've been holding back greatly from trading just so I could miss that candle when it hit.

I wonder how many people got wiped by that one.
 
iFan said:
For the guys trading on the Luno exchange, are you getting charged that 1% every time? i.e. on buys and sells? I thought it should only be on one of them?
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Check a few pages back, this has been discussed a few times.
 
Knyro said:
AKA bit red elevator from hell. I've been holding back greatly from trading just so I could miss that candle when it hit.

I wonder how many people got wiped by that one.
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That was a big drop on multiple platforms...some serious synchronized profit taking trades .

Wonder who shorted BTC 5 mins before that...
 
so with all the news surrounding bitcoin.

anyone clever enough to set up a sale on a manual typo for someone setting the future buy incorectly?

set to sell at say 110 000 0 (Spaces so you can see where the typo is)

or set up a Buy at 20 000 (again space to show the typo) as I undestand it, if there is someone selling/buying at the price the transaction will happen?


you know, take advantage of people who are not paying enough attention?
 
Baxteen said:
so with all the news surrounding bitcoin.

anyone clever enough to set up a sale on a manual typo for someone setting the future buy incorectly?

set to sell at say 110 000 0 (Spaces so you can see where the typo is)

or set up a Buy at 20 000 (again space to show the typo) as I undestand it, if there is someone selling/buying at the price the transaction will happen?


you know, take advantage of people who are not paying enough attention?
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Those orders will just get buried in the order book. And anybody that accidentally executes orders at those prices will get filled at the market price on most exchanges.
 
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