Bitcoin Forum

hey all dont sell, its a bear trap and it gets the newbies to sell and then they swoop in to buy up your cheep coins. hold hold hold dont sell!!!

I bought at 156. Trying to keep my cool because I have fallen for this like 3 times now. :( It seems everytime I buy the price goes down...seriously.

Don't sell, but don't hold either - use your Bitcoins and they will become stronger.

K.

Just gotta stick to your guns and follow your own rules before listening to other people about when to buy and when to sell....personally i am feeling a bull trap at this moment...but if you did buy in now DO NOT PANIC SELL....hold out and it will recover in the long run....so no worries

Me too, 156,2€.

I bought in at $142 before the $260 spike, watched it drop to $50 and now just watching it climb again. Have faith people..... ;D

Patience is probably the best option unless something disastrous happens where BTC becomes unusable.

haha yep thats my break even point too! ment to buy them yesterday morning but got distracted finally made it in today and i bought right at the peak before they tumbled a bit. no worries just ten bucks. it could make that up by the end of the day ;D ;D ;D


but never put of bitcoins cuz i could have bout at 130 instead i bout at 162. DANGIT

Keep holding, it wards the speculators off from all the panic sellers out there.

I bought at 180 and 260  :-\

I feel very pleased with myself for buying at almost the very bottom of the dip... $61 :-)

I'm swapping some of my BTC for gold now. Certainly not because I've lost confidence but for a little diversification.

Just invested in a share of an Asic, cant wait!  ;D

Me too at 260 minutes before i went down  :-X

haha i understand, that feeling is common in a volatile market, most people will suffer from that (price only goes down when you buy and only goes up when you sell no matter how many times you time yourself, it will convince you that you are cursed/unlucky).

I've learnt that it's important not to panic sell or panic buy, those 2 factors will always end you up in loss, patience is key.

the floor has held well above $145 so far, there is alot of new money coming in, i do hope we see new highs way above $260 in the coming week.

don't hold them. use them as currency!

+1

hold strong, this miner selloff will shake the week hands. they just want to see profits every day and one down day and they scurry away like cockroaches! Just hold strong and keep everyone positive. this thing will shoot back up and next month we will break 200. imo.

i need a major sell off so i can buy, prices are too high for me.  ::)

That would be the original intention.. yes

We are currently at the "bull trap" period ...

Im gutted i sold half of mine at 68 euro a piece, they are now worth north of 114 :/ still got some cash out of it which i spent on a rather lovely weekend with the misses :) ;D

same here

Yeah, I think we will consolidate around $150 for a day or so, just like the sell off the happened at $135. Then, up again.

Says the guy with the bears for an icon

Opinions on where the price will be at by the end of the year?

Very low. States will impose that their central bank signature is in the blockchain in order to allow change with fiat currencies. Important changes are ahead.

Well of course the price will fluctuate - that's how it is with all currencies.

I guess it depends on why you have got into bitcoins. Are you drawn to the speculative effects and the chance to make a quick killing? Or are you worried about the mainstream economy and just want to put your money into something that is anonymous and is not gold (which is hard to spend). If Bitcoin develops so that most businesses accept it, you could simply do normal tasks with bitcoins and only occasionally exchange into fiat currencies when you need to deal with fiat stuff eg paying your taxes, mortgages etc. If you are in the second category, the dollar price doesn't really matter at all, it's about long term security and having an alternative in case things go bad as they did in Cyprus.

I think speculation on price at this point is somewhat pointless because Bitcoin should be a much longer term investment then weeks or months, unless something disrupts the cryptocoin ecosystem to significantly displace Bitcoin.  BTC is currently troublesome to acquire, and store. This trouble is similar to gold but the world reserves of gold in the world is 10 trillion dollars and BTC is only 1.5 billion.  If the infrastructure is developed Bitcoin would have much greater usefulness than gold...

Person to person banking. Everbody owes everybody money, its a good idea!
Personaly im looking for new ways to get more coins every day :)

holding, and using, 75btc/25usd

+1.  Correction still has a ways to go before we are bullish again, if we ever are.

I think we are reaching a local maximum, won't break 200 before it goes down again.

bears eating each other  ;D   haha

same!

I only started mining a few weeks ago and looking at the roller-coaster ride. Don't have "real" money invested in this so beside making more or less from one day to another it's all good to me. If it goes up then my BTC worth is climbing, if not then it stays the same.

Only got into this as a tryout when Hexide (http://shop.hexide.com/rgjy60vhi) decided to ditch Paypal in favor of bitcoins anyway.

hey im looking to buy a new computer and was thinking of making my old mack book a mining rig or my two year old dell (good puter) into a mining rig. both are laptops but they dell especialy has brand new hard drive and good graphics card ( is that necessary) or is all about ram and processing speed??   

clearly i know nothing about mining and need to do my research but maybe you could tell me a few things and head me into the right direction.???

I like it when things get cheaper.

A volitle market is a traders dream. Be disciplined! Dont be greedy. Set a goal and stick to it. Also hedge your emotions with trailing stops, if possible. Bitcoin trading is just like any other currency trading.

Bear Trap? Is that what it's called?

FUCK YA!!!! called that. shake the week hands and those that get scared sell out they go and bam right back to 148.00 dip to 120 and back up it goes. sold at 144 and bought at 125, 128, 134. yep feeling good basically free coins.