Bitcoin Forum

HappyBitcoinUser made this poll 3 days ago:

https://bitcointalk.org/index.php?topic=229932.0

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But I think a more interesting question for all us FANS here, is not when we sell when the price drops, but when we will BUY!!!

RIGHT? :)

So, looking at the trends the last few weeks, and the obvious TARGETING of all the exchanges by the PTB... there is a HUGE CRASH on the horizon, or MAYBE NOT! (?)

What do you/we think?

EDIT: SORRY I re-read this, and felt it is better to add a few more options to SEE the BOTTOM end in more fine detail! ;)

EDIT 2: I had to add that last one... just for those not in the BUY/SELL world, but stumble on this little POLL

EDIT 3:  I added 3 more options, due to demand  :)  

NOW IT IS A GOOD POLL.... except that I couldn't re-order the list... oh well...

FINAL EDIT: I closed the poll, this "weekend" is over... the majority WON (were right) the market did not crash!  CONGRATULATIONS! :)

I think this will show what we all think is the "NO WAY ANYONE WILL SELL BELOW THIS POINT" point is... so while waiting for BTC to bottom-out so we can quickly all buy-back-in... regardless of what the FED, FinCen, NSA or whomever does... we will all just play the:

"Hold-it... hold it... hoooold it..... hooooold....  BUY, BUY  BUUUY!!"  - game! :)

Now, of course, this poll will affect the bottom too...

HAPPY SPECULAT'N!! :)

I miss options higher than $80.

That said I will be buying at $100, $90, $80 and all the rest of your options. :P I've already sold a portion of my holdings at 110 so I have enough fiat ready if it goes down.

Thanks for the suggestion, I added it...  initially I figured that a "crash" would mean, something down to about $80, but perhaps you are right, and for some that is just waaay too low!!!  

:)

me too... I sold 10% or so... you?

I guess, for the sake of the poll, though, the question should have been... what is the LOWEST you will expect to be able to BUY!

Buying all the way down, that is a very safe and wise method I guess... but may leave you "stuck" with some fiat, but I guess waiting for the "bottom" would do the same...

TRICKY!!!  :)

To be honest, I think $80 will be the lowest I will be able to buy during the coming weeks/months. So most of my fiat is ready to buy around that price. Will have some orders between 50 and 70 as well, but nothing below that yet. I'm not counting on the price going below 50, I think that chance is really really small and I'm not betting any fiat on that. But if that happens I will get fiat from somewhere I promise you. ;)

I remember when it went up to $30 and people were posting "buy now, you'll never see it this low again".... it made me kinda go: "What the hell are you guys talking about"?!?!

I guess they were right! hahahahahaha!!!

SO AMAZING THIS WHOLE PROJECT!!!  Better than any damn soap or sitcom or movie EVER!

I would likely buy at all those prices. With increasing amounts as price drops.

Yeah, but that would mean you would have had to sell at some point... did you sell? are you selling NOW?

This is the big question for me... how do I get the money to buy when it is down at $30... do I sell at $50

BLOODY CONFUSING FOR ME!  :)

We'll see - $30 could be just a few weeks away.

That low!?!?  What makes you think that?

WOW!!!  NO way it is going to $30!!! Hahahahhahahaha!!!  I am buying back NOW!!


..okay, maybe I'll wait until atleast the end of the "weekend crash" :)

maybe even $20.
I will begin buying at $30.

Did you see that FT article?

What the heck is making everybody think this is going to below $30???  I don't get it... okay, I get it a bit.. all the regulatory hurdles, and the fact that "spontaneous" bitcoin buying has almost completely dried up... but surely there are still great ways for the uninformed, spontaneous buyers to come on board, and then there are a bunch of bitcoin MILLIONAIRES with disposable fiat from when they sold at $260... they must be keeping some ready to buy back when it is low...

but I really doubt that they can hold buying back at a point below $50 or maybe $39...

I think just the sight of the '3' in the '$3x' will make them go.. ooooh, it will NEVER GO BELOW THAT... buy buy BUUUY!!!

No?

Possibly. I'd think people would start buying at 80, if it went that low again. Knowing it will bounce back to 110+ makes it a pretty safe investment at 80, with a decently high profit margin as well.

I would say that it's because of the first bubble. It went to $30 and then slowly dropped to $3. Second bubble was $260 so many people think BTC will slowly fall to $20-$30. Case closed :)

I think it's been getting somewhat steady as of late though. It's been big dumpers causing the fluctuations lately hasn't it?

Unless you believe the price is artificially being held high.

I believe it's the opposite and that it will go up more. We're still at a time where getting BTC by mining is still possible, and we're not even near the BTC cap yet. As we get closer to it, the value should rise because the demand will still be there (and be increasing) but the supply will be decreasing.

Perhaps, there are still a heap of people who "invested" with money they actually thought they would "flip" in the huge bull market rise when it skyrocketed up to $260... and now, they are still waiting to sell at $150 or $160 wherever they bought in... but they can only be so long without their invested cash, and soon, they will have to buy food, and clothing for the kids, and maybe their airconditioner needs to be replaced, and end up selling just to recoup their losses...etc...

I wonder howmany of those there are still left... you know the type that would NEVER READ bt or any other forum, they just did it because everyone was doing it... and now 2-3 months later, they actually need the money back to go on living "the life", albeit a little bit poorer :(

You are assuming people invested cash that they need, as opposed to that they can afford to lose. They will patiently wait.

That's a very good point as well. With how much has been going on in the crypto community as of late, though, I don't think there's a massive problem with getting new money into the system. I'm seeing people buying all the time still.