Bitcoin Forum

 ;D

My sell everything order was at 250, I missed the top by a bit. However, I'm much better off then all of you still holding coins at this point  :D

Cool story bro

so at what price will you be buying back?

Let me guess...

$2  :D

Good for you Jrock, no one cares.

Nah I don't think it will go under 10-20 without a disaster. I'm gonna wait a bit, this may be the bottom right now, hard to say.

I feel like this crash has scared away a lot of the new people coming in and could slow down things for a while.

Just going ride it out till I see more movement upwards.

I have the same amount of coins from before it started going up and the same amount of coins coming back down (outside of my regular spending).

Feels good.

how does it feel to have sold <$1000???????????????   :P

Good timing...


... And did you buy back in just now, under $60?

The only difference is now you have to spend 4x more coins for the same goods or services.

which means more fiat has to come into exchanges, which means BTC value will rise.....

Meh it hurts but Im not trying to get rich quick, I believe in BTC longterm - not like a lot of the people who were buying recently just to make a quick buck

I don't quite understand your point.  First I don't agree with the correlation that more money into exchanges means more BTC value.  Second this would imply that any drop in Dollars/BTC would be met with an increase in Dollars/BTC.

Ya, but my last 3-4 paychecks have been going toward saving up to pay the IRS.

Now that the IRS is paid I have many more paychecks ahead of me for buying as opposed to the one small(ish) buy I made in early February.

Consistent moving of dollars into bitcoins enables consistent purchasing goods and services with bitcoins. No matter the price.

I guess it would mean more dollars per BTC.

if everyone has to buy 4x as many coins to purchase something, if an influx of people needing to buy something will have to buy 4x as many coins, thus making less coins available to speculators/investors.

Nah I'm waiting for now, as long as I get back in before 250 I win regardless. I don't think were going to break 200 in the short term again.

That was a panic/greed buying situation imo and not a fair/sustainable price at the moment. I'm sure it'll be well over 250 if becomes more adopatable, but that's down the road a bit I think.

This makes no sense at all.

FU all, i still say $300+ by june!

Yes, of course -- the price was rising vertically. But ultimately BTC may be worth way more than that n the medium term (it either will tend to >1000, or 0).

IMO $55, just now... was the bottom. vertical descents are equally unsustainable.

I feel like an idiot, but will be more careful in the future.

+1 except i have doubled my bitcoin count, and for every dollar it drops i buy another.  ;D

Dat long term excuse...

I think I'm gonna use that oen too :D

And yh, sorta painful