Quote from: Elwar on June 16, 2016, 09:18:51 AM

Quote from: JayJuanGee on June 16, 2016, 09:01:33 AM

Quote from: Elwar on June 16, 2016, 08:56:55 AM

Quote from: spooderman on June 16, 2016, 08:19:59 AM

holy shit what is going on at stamp?

The only "wall" is about 50 BTC at $675. Not much between that and $735.

Fortunately Bitfinex is a bit more solid.

Still takes 1,500 coins before you even get to the 50BTC wall at $675, so the book is not as empty as you seem to be implying.

Also, there remains quite a bit of upwards buying pressure.... Yeah, sure we could get a correction at any time, but the overall trend remains upwards (even if we experience a 5% or more correction).

Furthermore, we all should expect the possibility for a considerable amount of bouncing around in the price, especially after it moves up a lot. It takes a bit of time for the books to fill below, so we frequently will experience some aftershock movements, until the price footing maybe becomes more settled.

Yep, quite active. I am never surprised by a correction after a huge jump. If I was smart I would be part of that correction but I have done well enough sitting back and just letting things happen.

It is very demotivating to do any work when I make more in one day with bitcoins than I do with months at my job.

I'm certainly a relatively newbie when it comes to attempts at trading, and bitcoin has brought a lot of those abilities to directly trade in a way that is more directly interactive as compared to traditional investments, which seem to be more of a 9-5 operation.

But anyhow, I find it a little bit stressful and needing of attention to keep allocations in mind, and figuring out how much to sell at which points, yet I also find it quite a bit less stressful to attempt to accomplish this while the price is going up, rather than down. And, many times, in either direction, I will kind of question my hesitancy, and second guess by saying to myself, "I should have... sold a little more or I should have bought a little more... blah blah blah." There is no real easy way to time the top, so selling small amounts along the way seems to kind of work to allow taking some advantage of corrections, inspite of continuing kind of second-guessing thoughts about I should have.. x, y or z... can be time consuming, too, when the market seems to be 24/7.. especially active times, like now, and several times in recent weeks.