Bitcoin Forum

Economy => Speculation => Topic started by: 50ouncebrew on January 17, 2015, 05:01:49 AM



Title: Bitcoin dropping
Post by: 50ouncebrew on January 17, 2015, 05:01:49 AM
Are you still saving your bitcoins or you selling them?


Title: Re: Bitcoin dropping
Post by: jacktheking on January 17, 2015, 05:04:42 AM
Saving. It gonna worth more than the current price (or early 2014) very soon..


Title: Re: Bitcoin dropping
Post by: Chef Ramsay on January 17, 2015, 05:22:42 AM
Saving obviously. Adjust your portfolio accordingly to gain more but at this point, there's a change a coming. When the flip happens, it'll happen before you can get your motivations and fiat changed accordingly. Just be ahead of the game.


Title: Re: Bitcoin dropping
Post by: Q7 on January 17, 2015, 05:25:43 AM
Still putting my trust into bitcoin here. Even though the situation currently looks bad, but I believe it will become better some day. There is still hope in it.


Title: Re: Bitcoin dropping
Post by: 50ouncebrew on January 17, 2015, 05:29:36 AM
yeah , idk i dont really trust it right now


Title: Re: Bitcoin dropping
Post by: Madness on January 17, 2015, 05:36:30 AM
Are you still saving your bitcoins or you selling them?

I'am saving personally (selling only small amounts when I need something for paypal) , most of us is saving ... I mean who in the world would sell his bitcoin with such a low price unless he is a very early adopters of course . Also it is time to buy ~200$ is a very good price comparing to what it was before (last year ) .

~ Madness.


Title: Re: Bitcoin dropping
Post by: Chef Ramsay on January 17, 2015, 05:46:54 AM
All I know is that there's plenty of BTC conferences happening soon and the unveiling thereof of new things will be epic.
We haven't had these sort of things in recent times in the downtrend, so the flip in this new year will be epic. The possibility of the ETF popping in due time via the heavyweight attorney that the Voss's have acquired is news changing. You don't want to be on the other side of this and that.


Title: Re: Bitcoin dropping
Post by: g27wr on January 17, 2015, 06:12:33 AM
All I know is that there's plenty of BTC conferences happening soon and the unveiling thereof of new things will be epic.
We haven't had these sort of things in recent times in the downtrend, so the flip in this new year will be epic. The possibility of the ETF popping in due time via the heavyweight attorney that the Voss's have acquired is news changing. You don't want to be on the other side of this and that.

^ this. 2015 is going to be a very important year for BTC. I'm sitting on my pile and waiting to see how this community grows.


Title: Re: Bitcoin dropping
Post by: grendel25 on January 17, 2015, 06:26:36 AM
I just bout 3 more btc.  I'm hoping for some success in accumulating more btc.  This show is far from over.


Title: Re: Bitcoin dropping
Post by: mkc on January 17, 2015, 06:38:12 AM
Holding for them. In 5 to 10 years, either going to be big or completely gone ...


Title: Re: Bitcoin dropping
Post by: QuestionAuthority on January 17, 2015, 07:31:23 AM
Are you still saving your bitcoins or you selling them?

No, I'm not selling them yet. I like to wait until my investments fall as far down the drain pipe as they can go before I sell. If they go under $50 I'll sell for sure. lol


Title: Re: Bitcoin dropping
Post by: PrinceKun on January 17, 2015, 07:45:30 AM
i'd buy 2 btc when the price was 625$, i will be fool if i sell btc now :) Holding for a very very long time :)


Title: Re: Bitcoin dropping
Post by: amaclin on January 17, 2015, 07:59:19 AM
i'd buy 2 btc when the price was 625$, i will be fool if i sell btc now :) Holding for a very very long time :)
You will be fool is you hodl it now also.


Title: Re: Bitcoin dropping
Post by: LiteCoinGuy on January 17, 2015, 08:10:14 AM
Are you still saving your bitcoins or you selling them?

actually you can save and spent BTC at the same time - and you should to that  ;)

use the time to learn more about BTC ! otherwise you will always listen to other people that may scam you.


Title: Re: Bitcoin dropping
Post by: PrinceKun on January 17, 2015, 08:11:26 AM
i'd buy 2 btc when the price was 625$, i will be fool if i sell btc now :) Holding for a very very long time :)
You will be fool is you hodl it now also.
Why u think so? Now Bitcoin on falling global trend, and it can't be forever, the price will rise, but the question is when  :)


Title: Re: Bitcoin dropping
Post by: amaclin on January 17, 2015, 08:39:36 AM
Quote
Why u think so?
Because I know math
Quote
Now Bitcoin on falling global trend, and it can't be forever
It can
Quote
the price will rise
Will not.
Quote
but the question is when  :)
This is not a question.


Title: Re: Bitcoin dropping
Post by: Tyke on January 17, 2015, 08:50:16 AM
In my opinion, it is far better to hold Reddcoin.  At a price of 11 Satoshi, it is a bargain :D


Title: Re: Bitcoin dropping
Post by: rz20 on January 17, 2015, 11:46:08 AM
I sold my bitcoins at 300$ and I have already rebought.


Title: Re: Bitcoin dropping
Post by: AGD on January 17, 2015, 11:54:49 AM
BUY!!!


Title: Re: Bitcoin dropping
Post by: gkv9 on January 17, 2015, 12:01:16 PM
I'm hodling... As I believe this ain't the price BTC deserves being such an optimistic technology...


Title: Re: Bitcoin dropping
Post by: Diver6691 on January 17, 2015, 12:01:59 PM
As the capitalization is reduced, the chances to be abandoned for something else unfortunately growing .


Title: Re: Bitcoin dropping
Post by: BitmoreCoin on January 17, 2015, 03:19:02 PM
I mine, save and use bitcoin in the same time.


Title: Re: Bitcoin dropping
Post by: Daniel91 on January 17, 2015, 03:28:28 PM
Are you still saving your bitcoins or you selling them?

In my opinion, when price is low, it's perfect time for buying.
When price is up, it's the best time for selling :)
If anyone selling now btc in panic, it will loose a lot.


Title: Re: Bitcoin dropping
Post by: randyshan on January 17, 2015, 03:43:02 PM
saving. i really think it is stupid to sell at this low price.


Title: Re: Bitcoin dropping
Post by: Velkro on January 17, 2015, 03:57:14 PM
Holding for them. In 5 to 10 years, either going to be big or completely gone ...
Agree, im thinking exactly the same


Title: Re: Bitcoin dropping
Post by: dmugetsu on January 17, 2015, 05:15:57 PM
Saving

Im in for longterm investment


Title: Re: Bitcoin dropping
Post by: ronald98 on January 17, 2015, 05:19:19 PM
Saving

Im in for longterm investment

I'm at trading so I decided to save for longterm investment too.


Title: Re: Bitcoin dropping
Post by: NotLambchop on January 17, 2015, 05:31:40 PM
Saving

Im in for longterm investment

Whenever a get-rich-quick scheme fails, rename it "long-term investment."  You'll prob'ly lose more, but won't have to admit it to yourself for years to come.


Title: Re: Bitcoin dropping
Post by: mlferro on January 17, 2015, 10:08:44 PM
Are you still saving your bitcoins or you selling them?
I was with intent to sell a certain amount I bought this week ($ 180) but, I thought best not. As soon I will keep them.


Title: Re: Bitcoin dropping
Post by: tvbcof on January 17, 2015, 11:07:56 PM
Saving

Im in for longterm investment

Whenever a get-rich-quick scheme fails, rename it "long-term investment."  You'll prob'ly lose more, but won't have to admit it to yourself for years to come.

Well, it _is_ a way to turn a certain loss into a possible gain.  Ask me how I know.

(In reality in my case, I always did consider my long-shot bet on Bitcoin to be fairly long-term, and from day one I had in my mind converted from the time domain into the...well...profit/loss domain I guess on would say.  And I was always comfortable to lose everything I have in Bitcoin in a split second.  Would not be exactly overjoyed to do so, of course, but it would't be the end of the world either.)



Title: Re: Bitcoin dropping
Post by: zeroday on January 17, 2015, 11:42:05 PM
I use bitcoin in my business and everyday's life and I see that its adoption is being continuously progressed. Back in to 2012/13 I couldn't even imagine that Dell and Microsoft start accepting it or that I can easily book hotel or buy airtickets.
Now just leave those shorting BTC kids alone till they get squeezed. They are mostly the same get-rich-quick greedy dumbs like those who were buying at the top of previous bubbles and then exited in panic with huge losses.

BTW, I won't surprise if we touch $150s or even lower levels in near future, but it also won't be a miracle if we reach $5K in coming years. Bitcoin is not dead and it works ever better than before.


Title: Re: Bitcoin dropping
Post by: Superhitech on January 18, 2015, 12:16:33 AM
HODL! Don't worry about the price. Bitcoin is getting more and more attention, it is going to be big. If we buy at this price, we can be early adopters!  ;D



Title: Re: Bitcoin dropping
Post by: samatin on January 18, 2015, 12:25:36 AM
Price went down fast was strange for a while to see it happen, someone must've dropped a lot of their coin on the market.  I wasn't sure what to make of it.


Title: Re: Bitcoin dropping
Post by: kwukduck on January 18, 2015, 01:57:45 AM
Just cashed out 500btc bought at 170 for 200 :)
Will buy again around $100 which will be rather sooner than later.


Title: Re: Bitcoin dropping
Post by: inca on January 18, 2015, 01:58:51 AM
Just cashed out 500btc bought at 170 for 200 :)
Will buy again around $100 which will be rather sooner than later.


You no longer exert an influence on the market. One less person to sell.


Title: Re: Bitcoin dropping
Post by: Chef Ramsay on January 18, 2015, 04:12:11 AM
Just cashed out 500btc bought at 170 for 200 :)
Will buy again around $100 which will be rather sooner than later.


You no longer exert an influence on the market. One less person to sell.
Perhaps but one more mega-order to help the bounce if it were to go so low. Most of the realistic bears I've seen are ready to buy in big at $130 if the price should entertain such a target. If it were to go so low, you and everyone else will have the ability to grab extra cheap coins and lock in a bottom and send the market in another direction big time and put a nail in the bear coffin once and for all this time around. :)


Title: Re: Bitcoin dropping
Post by: Chef Ramsay on January 18, 2015, 04:14:37 AM
Just cashed out 500btc bought at 170 for 200 :)
Will buy again around $100 which will be rather sooner than later.

Congrats on your execution of that move. I'm sure many are very envious of that kind of profiting, I know I am. Not gonna hate tho.


Title: Re: Bitcoin dropping
Post by: kwukduck on January 18, 2015, 05:02:10 AM
I just did some more analysis of the market and chart indicators. We may slowly be working on a trend reversal it seems. If that's the case we should see strong support during the entire next week.
This is thinking of a natural market, not a heavily manipulated market with hundreds of thousands btc ready to be dumped at an instant.
So it really depends on what the manipulators and hackers will do next, i assume they are just involved in bitcoin for the fiat so my expectation is quite skeptical even though i can see indicators of trend reversal.


Title: Re: Bitcoin dropping
Post by: Edward50 on January 18, 2015, 05:08:47 AM
LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.


Title: Re: Bitcoin dropping
Post by: kwukduck on January 18, 2015, 05:35:53 AM
LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.


Apparently you're clueless about market mechanics, psychology and interpreting chart indicators.
I guess i remember why you were on the ignore list now.


Title: Re: Bitcoin dropping
Post by: sgk on January 18, 2015, 05:49:10 AM
Are you still saving your bitcoins or you selling them?

Even if I bought my Bitcoins at much higher price, it doesn't make to sell them now. I would just make loss if I sell them now - confirmed.

If I HODL, there is a slightest chance that the price would recover so that I do not make loss, or can even profit.

Choice is clear - sell now to make confirmed loss or HODL for potential loss or profit.


Title: Re: Bitcoin dropping
Post by: tvbcof on January 18, 2015, 05:50:55 AM
LOL, charts. If charts had predictive value then everybody would be rich.

Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.

Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.

When I was taking a position I was not either bullish or bearish exactly.  I just noticed you are Edward50 who I remember from back in those days.  Hiya!  How did you make out?

Anyway, although I changed my numbers on occasion, I mostly picked an amount of USD I planned to put in.  I'd buy, say, 25% of that number then pick a lower target for the next tranche.  Yes, I missed my last target ($1.65-ish as I recall), but I ended up with many many more BTC in the long run considering I started at about $15.

Times are a little different now.  The details of development and ecosystem are different, but they are just as important to keep an eye on.  If I had no BTC now and some money I could afford to lose, I very possibly would be a buyer at this point to sit on just in case there is a big win.  No different than when I started out though I ended up buying a lot more than I had initially planned.  And I'd be employing the same buying strategy that I did back in the day.



Title: Re: Bitcoin dropping
Post by: bornil267645 on January 18, 2015, 01:30:19 PM
I am still saving it and buying some in low price, it will pick up at some point. But making rash decisions won't help the situation.