Bitcoin Forum

Economy => Speculation => Topic started by: sat0pi on January 06, 2012, 07:24:29 AM



Title: Buying more...
Post by: sat0pi on January 06, 2012, 07:24:29 AM
That was a major dump just now, but I'm going to be buying more as I think this was just a minor correction. I don't think we will drop below $6. But then again, this *is* bitcoin we are talking about.


Title: Re: Buying more...
Post by: arepo on January 06, 2012, 07:32:51 AM
did you notice the magic bidwall at $6.50?

now you see it, now you don't :P


Title: Re: Buying more...
Post by: Cluster2k on January 06, 2012, 07:32:57 AM
That was a major dump just now, but I'm going to be buying more as I think this was just a minor correction. I don't think we will drop below $6. But then again, this *is* bitcoin we are talking about.

A significant sell off was overdue.  I'm not too worried about market participants pulling out right now.  Still, the bitcoins I sold at $7.10 to $7.20 make me happy.  Ready to buy when the time is right.


Title: Re: Buying more...
Post by: Crypt_Current on January 06, 2012, 07:33:07 AM
That was a major dump just now, but I'm going to be buying more as I think this was just a minor correction. I don't think we will drop below $6. But then again, this *is* bitcoin we are talking about.

Just buy lower than you sold last time.  This rocket's got tons more fuel.


Title: Re: Buying more...
Post by: piramida on January 06, 2012, 07:33:39 AM
it *is* a minor correction. serious correction is if it breaks below current support at 6-6.20. reversal if it breaks below 6 and will not be able to top that for several days.