I told you, why didnt you listen ? uhg I guess you cant be blamed, you have not gobd through all my posts and calculated my win rate.
lol
so i tried to look in to them last night, I did notice that some people that dominate the threads were not as bullish. The google trends showed the last drop had 2 news events at the top.
This worrys me a bit as the news of bit-coin has not yet come to the main stream.
i did not look any further then that as I was trying to get the data feeds which is not as easy as I would of liked. (level 2 .time and sales in list format)
From what I was reading I decided that my name, ip address, mac address and computer should not be connected with my bitcoins,
Since it is more speculation, I will not be buying and selling things with them.
So why be connected if there is no benefit ( i will only make 2 transactions)
It is not for tax purposes, it is too small an investment. Also I am not conducting business with it. I am putting taxed money in.
My hesitation comes because it seems like most the bit-coin traffic is from crime. Some of the crimes are just normal things, but other things may be right out gross.
I do not what my name messed up in that. it is not worth the risk for a coin or 2.
Looking at how to do this is a pain in the neck !
there are so many threads I read about how to get bit coin securely. They all are flawed.
Some ideas are better then others. but they all have a flaw. the best was a some one used a wire with pins in it, broke the pins to make sure the communication is one way lol.
But they all fell short on the IP address.
When you use a coffee shop and another pc type device there is no helpfull threads.
So I still do not have any.
Now I was lucky enough to watch the time and sales volume of bit coins (tick data) at some point today.
i noticed that people were selling (red prints) 50 less then the buyers were buying (green)
This confirms that using limit orders is the key. One could of taken an order some one tried to sell at a 50 $ discount and sold at limit for 50$ profit !
I think the attack was about that. a bunch of people who are only using market orders created a gap for savy limit order people to play around in.
I still want the data. It is very important information and very Market maker type on thinking. If there is no system of limit orders then buyers were not buying from sellers which is another story.
So I will wait to buy until I figure that out. I will need to pay some one probably to figure it all out .
anyways as we see the system can be played with but keep in mind that i do not think the news hit the media yet.
The interesting thing was I saw a video on you tube of a guy one of the main sites that give charts.
When he clicked refresh he got some kind of error saying that was a problem.. BEFORE the CRASH. this is a fact.
Also I noticed some negativity from people that it seemed were not negative.
Actually sounded like JH kinda talk. equating bitcoins to poetry in negative way. It did not make sence but if it is from people that are other wise bullish and knowledgeable and post alot then it may of been of some importance.
I will say that this is NOT a fact as I dont follow these people and there are 100 of people that are bullish
100 people bearinsh
and 100 people that change form one to the other
EVERY day.
but I felt that the reaction people had was more then normal level of shock.
so people may have known before hand. exchanges knew as they give errors.
price came back last time i checked more or less.
but news is a bit delayed i feel.
i think a good buying oppertunity may still exist. just need to find a way to get those damn coins.
It is limited by the ease of use. there actually is no 100% way.
once some one figures out a decent way, it will allow people like me to enter. (keep in mind there must be alot of us as I spent more then 8 consecutive hours on this and was not satisified)
I hope some one can help me out or some oen cna comment on the spread that I saw for a bit.
