Bitcoin Forum

I think mine is $1000
If 1 BTC gets there I will sell at least 50% of mine.
Whats yours?

mine is around $1k as well. uh oh, i hope not all of us plan to start dumping right then.... :)

What is this "sell"?

Seriously though, my mortgage is about $150k. I will sell one bitcoin when it gets that high since my mortgage company already told me they will not take Bitcoin.

Nop, I dont have much.
I do wanna keep buying tough so a clever sell before crash would be key.

Mine was 400, oops.

Keeping it at  720 USD...Might get there sooner than expected though...

This high/low gap at the gox is killing me ...
High $750 and Low $519
 

They will if it's $150k/BTC.

I will not panic sell. However, 1000$ per bitcoin is a price where I will congratulate myself a bit which requires cashing out a couple of coins.

Around $1000

Im confident many will sell at this price, so I feel big crash comming soon  :)

based on the responses in the thread $999.99.

Did you sell yet?  its hitting your number on gox now :D

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble.  Now is the time to put stops in.  But keep them well below the trend line.  You don't want to get stopped out too soon.

epic

Can you rewrite all of this in normal english, since most of us aren't stock market junkies?

Then when you finish that, reassure me that you're not trying to compare bitcoin to stocks again ... because you're wasting your time.

The rules don't apply.

We're going to have a crash but I feel it's a crash on the way to 10k so I'm not going to panic

Heh. Corporate minds have a way of changing.

You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

Tomorrow?

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

Campbx..

Good lord... look at a Bitcoin chart.  Show me anywhere on that chart that doesn't perfectly match the common stock or commodity cycles.

The only difference is the cycles are far shorter with crypto currencies.

We are in the distribution phase of this cycle.  It cannot keep this momentum much longer without at least doing a 50% correction.  Only question is just how high does China push it.  I suspect we'll all be suprised.

...The rules most definitely apply!

Stop-loss feature is still not enabled on CBX...  :-\

They have, and will always apply, even to bitcoin. I promise you that we will have a big correction any time soon. It always happens. But with the numbers so high right now, we might be tanking over this correction. People tend to get nervous when we're up in these numbers.

i know what happen. the price is going to drop 50% when everyone in Western world is sleeping. they wake up and price is $400, ooh arr?! Then the real dumping begins...

After some calculations, panic sell number is 675 USD/BTC, if LTC price stays below 9 USD/LTC.

As litecoin crashed to 1 USD/LTC and bitcoin crashed to about 75 USD/btc.There has been 9 times increase in LTC price and the same has happened to bitcoin.

Already the highest is achieved that is 676 may be crash may happen any time.

I plan to sell enough to cover my initial investment at 1200
I'll throw 50% of what remains into cavirtex and cbc and hope for some dividends over time while keeping the rest to play this most enjoyable of endeavors.... guessing the trends

I'm expecting the current silliness to peak around $1000 and crash back to about $500.

Rather than preparing to sell, however, I'm just going to hold on, in the expectation that in a year or two there will be a higher peak, and by that time my preparations to cash out without owing taxes will be ready to go.   ;D

It is stunning however, to watch something I picked up for $400 as a "whimsical long-shot entertaining" kind of investment having day-to-day swings the size of my house mortgage.  And you know what, it isn't a cheap house.  :o

Then your investment in Bitcoins isn't small either :)

so you sold at ...   380 ?

good luck, mate

sold 75% , i'm gonna rest in my bear hole tille the storm is over.
(bought at 200-350 dollars)

I learnt something in trading school long time ago and that is: never base a trading decision on tax merits. ooh arr!! good luck.

It was a small investment when I made it.  It isn't a small investment any more.  

You bought at $400 and swings are the size of your mortgage. The biggest swing is what? $400? So you must have invested at least the size of your mortgage.

Bitfinex has this feature. You can put a running stop in.  Place out of range of the price so that your running stop stays below the trend line.

kraken.com

Don't be silly.  I didn't invest $400 per coin.  I invested $400 for many coins.   8)

I sold 250 coins last week at a little under 400. Of course I regret that now as I could have made another 80k by holding, but whatever. I really didn't expect us to hit 500. I'll be surprised if we can make it to $1000 without popping. its just going up too fast right now

I call it top at 4000$

Unfortunately I was sleeping while this happened; so no selling has been done  :P
Did I say 720 USD? I meant 1720 USD... ;D

Did I call it, or did I call it? 

Heh.  Just wish I'd been confident enough to sell at $900 and buy back in at $550.

hahaha

Nervous breakdown at $ 723. Panic sold.

But you told around $1000, not $900.
Or you trading at China exchanges  ???

Heh.  Fair point.

Selling on the china exchange I couldn't have bought back in yet; I'd still be waiting for my money.

Just placed orders in btce to sell at 670 USD.
It's time to sleep ...
(after two hours of thinking on my orders)
 

I sold mine at 250... Im a retard i guess.

It's not how high it goes but how fast it gets there and when the last test of a daily ema was. The crashes only happen after a huge daily gain and usually when a test hasn't been done in a while. 900 the other day was an obvious sell. But if the price built slowly up to 900, with corrections, then it would not be.

You can also look at blockchain.info to see when large amounts of coins are being transferred but you're still left guessing as to exactly when the coins will be sold.

I think we are walking little corrected steps to a stable price on 500/600 range.

What? A usury-based traditional financial service business that doesn't like Bitcoin? Imagine that.

Price just got to 670 USD and my order got sold.
After that price started going down at BTCe.
How cool is to sell at the top of the mountain!