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Title: Buy low, sell high. We have a buyers market right now! Post by: WarrenBuffett on June 12, 2011, 01:10:04 AM Also remember, that price is what you pay, value is what you get.
Title: Re: Buy low, sell high. We have a buyers market right now! Post by: virtualfaqs on June 12, 2011, 01:24:58 AM Buyer's market and yet I still can't buy because my funds are in transit to Dwolla. There's something wrong with the system.
Title: Re: Buy low, sell high. We have a buyers market right now! Post by: Sukrim on June 12, 2011, 01:31:50 AM Compared to earlier levels, mining is still very profitable, so I would either count on the greed of people and buy or do some more calculations and conclude that mining 1 BTC costs ~1-2 USD, so they're still far overpriced.
On a side note, MtGox seems to run dry. With just 200k USD you could run the price up to 24 USD or with ~ the same sum in BTC push it down to 10 USD. Title: Re: Buy low, sell high. We have a buyers market right now! Post by: mcdett on June 12, 2011, 02:24:59 AM Buyer's market and yet I still can't buy because my funds are in transit to Dwolla. There's something wrong with the system. You must diversify your trading methods. Bitcoin is still in it's infancy and some aspects of it are still very technical. Geek out and learn2irc on bitcoin-otc. Title: Re: Buy low, sell high. We have a buyers market right now! Post by: error on June 12, 2011, 05:50:38 AM Buyer's market and yet I still can't buy because my funds are in transit to Dwolla. There's something wrong with the system. There's something wrong with the old system. Which is why Bitcoin was invented. |