Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
cAPSLOCK
on 30/03/2014, 21:28:58 UTC
Are you saying you are truly interested in selling 100btc puts?

Yes, it makes sense in my situation. I am not keen on sending lots of money to exchanges to increase the position (lost some on Gox), but would like to increase it (or pocket the premium if it never goes that low).

TL;DR: You are just panicking. Sell all your bitcoins to me.

The reason this is tempting is exactly because of the panicking.  I see it as a possible way that you would help me add to my position without using an exchange. Wink

I think if we do not move up sharply and soon the next support level should be around 325, and I doubt even that holds long.  And I don't see why we would start moving up yet.  Along with bearish sentiment rising we have some sick fundamental issues (china, china, china).