Bitcoin Forum

Predicted it last night, time to BUY BUY BUY!

looks like we established a bottom of 6.1, from where we can rally

I'm all in. Hopefully I'm doing it right.

are you able to sell back out at a quick profit? this is probably a short term thing, we may see lots of them on the way down.

You guys really need a rude awakening. How much money will you lose before you guys realize that bitcoins have no use / purpose and you are gambling with something that has increasing supply for years to come.

I just wonder how much a beating you guys will get and how far it will go down before you guys get that rude awakening.

However, I can see you saying "its 2.00 right now" we are rallying!

put in a sliding stop-loss in case the rally fizzles

Did you predict $6 ?

Didn't predict a number, just that it would go up once the holiday weekend was over.

But it went down... a lot :-\

Hmm.... one HUGE buy bumped up the price, but if you compare the up/down activity post buy to the up/down activity pre-buy, I don't see a huge difference...

I'm not ready to call rally yet.

There has been no rally, only in your dreams. It has actually been a freaking bitcoin believers NIGHTMARE, slow drop to 6 bux a coin.  I said this a week ago, that here we go again another big drop, its like a stock, a crappy penny stock, when people start seeing it drop, more people sell, more people willing to sell cheaper, and the price just keeps dropping like a rock.

And in reality, its not like bitcoins do anything major for us that we cant do with another method except for maybe online drug purchases being anonymous, but that doesnt really work, and that has to be a very very small percentage.  But really what does bitcoin offer that will make it worth 100 dollars a coin, or rally back to 30 bux a coin.  I love bitcoin, I mine, its a cool nerdy idea, but im not sure its going to make it anywhere past that.

You need a major event to get it back up, new egg, amazon or something to accept bitcoins, but with the value dropping, not likely any real business will take that leap of faith

Wake me up once we are below $4

I guess the deflation people start to loose faith once they see deepbit churning up 50 btc every 0-20 minutes on average....

I hope it falls to a penny so I can get a lot.

ooh, another rally! we went from 6.50 to 6.56!! great!! all in quick!

Haha, that's a funny joke.  You are kidding right?

How much time will you spend posting about something that has no use / purpose?

i've only lost about $1000 so far.

how? u bought 2000 @ 7 ?

Wow. 6.65! Prices might go up?

6.66 now

Haha, price dropped from 8-6.50 and you guys are counting pennies counting on a rally.  How pathetic is that.  I'm sorry for you  :(

Edit: OH MY GOD 6.64 this means something as well right?

you're a dumbass.  better get on board this train.  its leaving.

the gold/silver selloff has begun.  and you know where that money's gonna go?  BITCOIN!!!!

So much for my dream of $2.  Welp maybe this weekend it'll crash again.  I'm back in.

We just broke a long-term trend line. I suspect you will see it go up to at most $8.25 and then we're headed south to $4 to $5 then a bounce of a $1.50 then further descent.

It turned around with a buywall of 3000 coins at 6.66.  This buywall dissapeared but the price kept rising.  Then they stagnated, but they never fell below 6.66 ever despite nearly going down.  Then a miracle happened and a buywall appeared at 7.71 and then the price got surging.
The price is nearly at $8 now

But the most interesting thing is the buywall is back, at 6.66 and it's at 11,000 coins and climbing.
It really seems calling on divine intervention (the devil in this case) worked.

Lesson learned: Satan helps bitcoins.

long term trend line in your head? where's the pic.

Now its closer to $7.00.

So much for a full scale rally.

And then it goes back down, were stuck in the stable nice area of 6 bux again

I so love the enthusiasts that see a rally in a turtle's walk! 7 is nothing. 8 is almost nothing. 8.5 would steal a smile from me. at 9, it's like a 70-year old having sex. again this month. 10 and 11 go hand in hand but I wouldn't jump out of my seat. 12 is what I want. But I won't get too soon.

I'd rather see $30 than $12.

12 to 13 is where it should be, but I dont know if it can recover from this long term slow drop to 6.  If it hits 5 its over for bitcoin