Quote from: doge_speculator on June 06, 2014, 05:39:59 AM

Quote from: nicetry on June 06, 2014, 05:20:37 AM

Quote from: Bit_Happy on June 06, 2014, 05:01:01 AM

There will be a huge % rally (there always is, in an actively traded market, after such a big drop) the only question is where the rally starts from?

38 to 300 of course!

lol

Anyways, you are completely wrong again. In an actively, liquid, and MATURE market with small spread such as doge/usd, it is rather difficult to have a huge rally, because you have so many factors working as resistance, such as selling for profit taking, liquidation from miners, and any kind of rally will be followed by a fast fall.

When you said that doge/usd is a "mature market" with "small spreads" you kinda gave yourself away as not knowing what the fuck you're talking about especially in regards to trading and markets. Last time I checked no cryptocurrency market was even close to being considered mature as far as markets go and it's just laughable to think that the dogecoin market would be considered mature. Where are the options and futures? Where is the margin trading? Where can I borrow doge to short sell? Oh right actually I can still make 2 percent at any given moment just by buying and selling the same amount inter-exchange cause there aren't even sophisticated algos trading the market yet. It's in its infancy. As far as small spreads go... clearly you've never traded forex. the spread on doge is regularly 1500+ basis points on the highest volume exchanges. that's fucking enormous kid. go trade forex or futures or penny stocks or anything else and youll realize that doge has a "large spread".

You should probably stop talking about things you don't understand because it makes you look dumb.

HAHAHAHAH, in the crypto worlds when coins can collapse within a couple of months, a coin that has lasted half a year and has 80% of its 100 billion initial coins mined, I think that is a pretty mature market.

High volume market has 1500+ basis point spread? Huh

HAHAHAHA, do you EVEN KNOW WHAT A BASIS POINT IS? 1500 BASIS POINT is 15%, you are saying a HIGH VOLUME market has 15%+ spread on DOGE (i love that extra plus sign by the way, leaves alot of room for even more exaggeration or fabrication)? LOL.

SHOW ME ONE HIGH VOLUME EXCHANGE FOR DOGE THAT GOT 15% SPREAD, LOL

Man, what an ENORMOUS poser who pretends he knows a thing or two about trading. just because you know the words like margin and forex doesn't mean you can fool anyone around here. LOL

And why the rage and the cussing? Someone is mad that the dogecoin speculation hasn't worked out that well? I'll give it to you though, you sound a lot more in touch with reality than most of the people on this thread, well, except your 1500+ basis points on a high volume market. That's just gold, GOLD.

Good luck with your speculation by the way, and if an exchange lets people short doge on margin someday ( i guess that's when doge market matures in your eyes), let me know cuz i would sure like to short it, even at 10% borrower's fee. LOL

Yea maybe someone really should stop talking about things that he doesn't understand because it makes him look dumb. HAHAHAHHA, why dont you go back to your imaginary forex world, i think this 1500+ basis point doge world might not be so good for you.