Bitcoin Forum

Hey bitcointalk. Last time bitcoin approached its all-time-high, (back when it passed $32ish) the price skyrocketed from there.

Now here we are post $266 crash, and approaching that price again. How nervous are you that it may crash again? Personally I believe it will pass the ATH, and keep going to $300. But as we all have seen bitcoin's price is very volatile, and susceptible to circumstantial factors (SR shutting down).

Long story short: is anyone nervous about a big crash?

Not nervous at all.  Crash or no crash, I will still have the same number of coins as a month ago.  No loss, no gain until I exchange them for fiat money, goods, or services - I am not nervous about numbers on a computer screen.

+1. Everything I have is pure profit. So I don't care really about the current BitCoin price.

Im not nervous at all, I would enjoy a spike up followed by a correction. But another big crash doesn't make me scared, I just look at it as an opportunity to possibly double my coins.   ;D

+2
It doesn't matter in the short term.  

I waiting for a crash!

I love crashes!  Bring it on!

I'm all profit at this point too. But I most definitely care about the current bitcoin price, because if the trend reverses, I want more coins.  :)

+3
I'm quite certain they will be up again later on even if they crash hard, so no need to worry.

You shall not be stressed by bears  ;D

http://s8.postimg.org/7bfvhd4w5/zzz_Relax_Beer_is_Relaxed_o_109702.jpg

not nervous. i have a feeling the market isn't being manipulated like it was in 2011-2012. the coins are more distributed and the few whales left aren't making big dumps.

I love volatility. Going to use it as a trade opportunity to make more BTC

I'm also hoping for a crash, I'm looking to buy big after a price drop.

I'm very nervous that it won't crash

What if no price drop?

I think many BTC users are used to the ups and downs.  It is part of the fun.  ;)  

I would not mind another crash though.  I should have some more cash in January or February to throw into BTC.  But the price might be $500 or more by then!  Of course some people say that we are still such early adopters it will still be a great time to buy even at that price.  It just feels more painful as the price rises.  

I'm very nervous about the possibility of another crash. I.e, the fact that its just a possibility, and NOT a guarantee  :o

I think the exchanges have learnt from history and took necessary precautions to avoid any kind of attacks that would cause a crash..
The rally has started so I believe it will go much higher than 260, as bitcoin community has gained much attention, infrastructure, investors etc. My bet is at least 500$.. (think how much it could have gone last time without DDoS attack of MtGox). mark my words ;d;d

Correction should follow at some stage, but not a crash - unless some exchange gets hacked or something like that..

Then I'm screwed, especially if it keeps rallying like this before the ETF is created.

I don't think it is a bubble yet.

If it crashes, the value may dip as low as $300 from a peak of $3000.

Youre expecting a 20x bubble 6 months after a 20x bubble?

Not scared at all. Going up and down is part of the game  :D

But I'm excited to see what happens!

At some point, people are going to have to stop calling April 2013 a bubble, and start calling it a correction.

It was a deep correction - as to be expected following such a big run up, but the price didn't collapse so much as it bounced along, as you would expect during a correction. Then, as you point out, 6 months later we are back in the same region again.

Looks very much to me like we are just getting back on trend. Only this time we have a floor in the region of $80-100 instead of the ~$5 we had at the start of the previous run up.

Other than some nervous hesitation around the $266 mark, I don't think there is going to much resistance to the upside. 5-10 fold increase likely. 20 not out of the question though.

(Long. If you hadn't guessed)

No, I am expecting a 10x bubble within a year of a 10x bubble.

It has happened before (https://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2010-06-01zeg2011-08-01ztgSzm1g10zm2g25zvzl).

The price rose from ~$0.07 USD to $0.40 USD in October-November 2010. (OK, only a 5x increase, price "crashed" at ~ $0.30)
In June of 2011, the value peaked at about $30 (100x rise) before "crashing" to about $15, then slowly sliding to $5-$3 over the next year (Bitcoin was dead!).

All of September, I was waiting for a dip to $80 USD which never came. A few days before the Silk Road news, I told my dad we would never see $80 coins again. Sure enough, the dip (that I missed because it was so short) stopped just shy of $80USD. This tells me there is some fundamental strength in the price. It also shows that it is not all drug sales propping up the price (though it could still be speculation).

TL:DR: any price in the range of $150-300 is probably a good investment.

It would appear I can predict trends in the BTC price xD

I feared a price drop... the price is headed down... maybe I should develop a phobia of unbelievably huge price increases... :)

My trading robot takes advantage of this situations  ;D

I'm also not nervous at all. I wasn't expecting to be a billionaire in a month. I'm holding my amount of bitcoins and didn't lost anything and i'm sorry for people who sold and lost because of this.

Which bot are you using, if you don't mind me asking?

Looking forward to another crash. I've got some fiat ready. But the problem is that everyone wants the chance to get some $50 btc again, so I'm afraid it just won't get there.

Rebalancing portfolio
from https://cryptotrader.org/

WTF

Just saw an order on bitstamp for about 1200 coins bo buy at 210$. Price was auround 187$.
It rose in 2-3 miutes to 205 and then crashed back to this niveau.

Who does things like this?

Edit:
When you place a buy order far above market price, will then the effective buy price be that high price or the actual market price? This question is about bitstamp.

Will buy anything up to that price.

The orders will be filled starting at the lowest ask order price and continues across the ask orders all the way up to the last coin requested, with a maximum spend of $210 per coin. So the ~2000 coins were probably mostly filled at around $184 to $200.

Maybe we'll see a dump of those coins when they can be sold above $200.

The price crashed already from €150+ to €132

Thx for the answer.

I'm just sitting this out now as the market reacts crazy at the moment. I also tend to buy and hold now, as you can never tell how the price moves. Watching the price all the time is also money consuming.