Bitcoin Forum

Economy => Speculation => Topic started by: /dev/null on November 18, 2013, 09:28:38 AM



Title: aand it's gone..
Post by: /dev/null on November 18, 2013, 09:28:38 AM
It was a good ride, but looks like someone sold his big stack at highest rate, now prices are going down and probably will go back to 440$ till night..and once chinese started selling it will go below 300$.

So sell your bitcoins and buy them back at low prices..


Title: Re: aand it's gone..
Post by: Jrock on November 18, 2013, 09:33:44 AM
Did you take your own advice?


Title: Re: aand it's gone..
Post by: Birdy on November 18, 2013, 09:37:19 AM
What are you talking about? The price is still way higher than it was when I went to sleep.


Title: Re: aand it's gone..
Post by: windjc on November 18, 2013, 09:51:07 AM
...and it's back again.


Title: Re: aand it's gone..
Post by: bitcon on November 18, 2013, 09:53:19 AM
but did he take his own advice?


Title: Re: aand it's gone..
Post by: Wilhelm on November 18, 2013, 10:25:12 AM
but did he take his own advice?

$440 where  ??? I want more coins!!!! :D


Title: Re: aand it's gone..
Post by: safeminer on November 18, 2013, 10:26:05 AM
if anything ill just buy more coins if it where to crash, i aint selling :D


Title: Re: aand it's gone..
Post by: Beta-coiner1 on November 18, 2013, 10:35:31 AM
Can't tell you the amount of times I've seen.....'it's gone' and 'I had to sell".The price is still waaay higher than before. :P


Title: Re: aand it's gone..
Post by: john_doe on November 18, 2013, 10:41:07 AM
lol


Title: Re: aand it's gone..
Post by: bitcon on November 18, 2013, 11:17:27 AM
aaaannddd he's gone.


Title: Re: aand it's gone..
Post by: Buffer Overflow on November 18, 2013, 11:23:57 AM
OP, so how many coins did you lose?  ;D


Title: Re: aand it's gone..
Post by: /dev/null on November 18, 2013, 11:46:03 AM
OP, so how many coins did you lose?  ;D

Sold at 618, bought back at 550


Title: Re: aand it's gone..
Post by: Shak on November 18, 2013, 12:29:15 PM
to sum it up: without any indication you decided to sell and happily there was a price correction <5 minutes after you sold

horse races have similar win-rates, but anyway, congratulations ;)


Title: Re: aand it's gone..
Post by: crazy_rabbit on November 18, 2013, 12:41:17 PM
OP, so how many coins did you lose?  ;D

Sold at 618, bought back at 550

Unless you had a huge amount of coins, I can't imagine that was really worth the risk of not being able ot buy back.


Title: Re: aand it's gone..
Post by: Birdy on November 18, 2013, 12:41:41 PM
OP, so how many coins did you lose?  ;D

Sold at 618, bought back at 550

So you advice us all to sell, because it will go sub $300 and then you buy back at $550?


Title: Re: aand it's gone..
Post by: AlgoSwan on November 18, 2013, 12:42:29 PM
OP, so how many coins did you lose?  ;D

Sold at 618, bought back at 550

Nice one. 618 is a major fibo level. It looks like BTC will have to work hard to break this resistance. I'm not talking about mtgox prices, by the way. Median price of mtgox+BTC-e.
I'm expecting some correction (38.2% first), but in the long run I'm quite sure BTC will pass the four digits easily, five digits are quite possible within 5 years time-frame.


Title: Re: aand it's gone..
Post by: BitchicksHusband on November 18, 2013, 12:44:49 PM
How many coins did you sell and how many did you buy?

If you sold 50 and bought back 5 on your ladder, I'm not impressed.


Title: Re: aand it's gone..
Post by: piramida on November 18, 2013, 02:06:47 PM
OP, so how many coins did you lose?  ;D

Sold at 618, bought back at 550

Nice one. 618 is a major fibo level.

You actually believe him? Lol :) He just posted two numbers that he saw as the top and bottom of the flash crash. I call this the after-the-fact trader :) While in reality, most probably he panic-sold at $550 and went on to create this thread.


Title: Re: aand it's gone..
Post by: insuranceguy on November 18, 2013, 02:10:02 PM
The minute I want to sell and panic, it always roars back and I miss the Choo Choo.


Title: Re: aand it's gone..
Post by: mvidetto on November 18, 2013, 03:27:20 PM
And its at $620 shit is eventually going to collapse though.  Nothing exponential lasts forever, and it will most likely crash at some point.


Title: Re: aand it's gone..
Post by: BittBurger on November 18, 2013, 03:32:19 PM
And its at $620 shit is eventually going to collapse though.  Nothing exponential lasts forever, and it will most likely crash at some point.
Once again, you're making the error of comparing Bitcoin to stocks.

Bitcoin is not a stock.

It doesn't follow the same rules.


Title: Re: aand it's gone..
Post by: Buffer Overflow on November 18, 2013, 05:08:55 PM
And its at $620 shit is eventually going to collapse though.  Nothing exponential lasts forever, and it will most likely crash at some point.

We are in price discovery at moment. Could take years to stabilise.