Bitcoin Forum

Economy => Speculation => Topic started by: massivebitman on July 05, 2013, 09:30:32 AM



Title: 70 Will hold
Post by: massivebitman on July 05, 2013, 09:30:32 AM
At least for now... That's my prediction gents.

Don't think we'll even touch it, but please sell down to 71, as I've got a buy order set :)


Title: Re: 70 Will hold
Post by: Jaroslaw on July 05, 2013, 09:31:47 AM
No it will not hold, because i will dump :)


Title: Re: 70 Will hold
Post by: wopwop on July 05, 2013, 09:32:10 AM
No it will not hold, because i will dump :)
Same


Title: Re: 70 Will hold
Post by: Jaroslaw on July 05, 2013, 09:32:54 AM
No it will not hold, because i will dump :)
Same

you are not real Jarosław.


Title: Re: 70 Will hold
Post by: wopwop on July 05, 2013, 09:34:17 AM
No it will not hold, because i will dump :)
Same

you are not real Jarosław.
you are not a real wopwop.


Title: Re: 70 Will hold
Post by: telemaco on July 05, 2013, 09:57:40 AM
Omg, they are clons

https://www.box.com/shared/static/lw6yeeyulv9hdmyl8sa4.gif


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 01:55:46 PM
At least for now... That's my prediction gents.

Don't think we'll even touch it, but please sell down to 71, as I've got a buy order set :)

buy now its at $72 and change. then watch it free fall more.


Title: Re: 70 Will hold
Post by: JahPowerBit on July 05, 2013, 02:01:12 PM
No it will not hold, because i will dump :)

 >:(  >:( do not do that!  >:(


Title: Re: 70 Will hold
Post by: Jaroslaw on July 05, 2013, 02:07:54 PM
No it will not hold, because i will dump :)

 >:(  >:( do not do that!  >:(

Already in progress


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 02:10:06 PM
original poster has a buy order for .000001 at $71 :D


Title: Re: 70 Will hold
Post by: mah87 on July 05, 2013, 02:16:44 PM
60$ is coming soon


Title: Re: 70 Will hold
Post by: JahPowerBit on July 05, 2013, 02:17:49 PM
No it will not hold, because i will dump :)

 >:(  >:( do not do that!  >:(

Already in progress

ok, in this case, do it well as it should, and do drop to 50 let's get down with this!  ;D


Title: Re: 70 Will hold
Post by: naphto on July 05, 2013, 02:26:13 PM
original poster has a buy order for .000001 at $71 :D

Might hold for a couple a seconds


Title: Re: 70 Will hold
Post by: JahPowerBit on July 05, 2013, 02:27:29 PM
No it will not hold, because i will dump :)

 >:(  >:( do not do that!  >:(

Already in progress

72$ now.. it seems that you are facing stronger than you! and we will stay in the 70s a little while .. ::) ::)


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 05, 2013, 03:18:09 PM
hey ,let's be panic ,I got my fiats ready~~~ Considering today's BTC environment is far better than April , why should people sell at this price level with loss, only thing is they believe they can get their coins back later at lower price....

60 is really good .....


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 05, 2013, 03:26:17 PM
hey ,let's be panic ,I got my fiats ready~~~ Considering today's BTC environment is far better than April , why should people sell at this price level with loss, only thing is they believe they can get their coins back later at lower price....

60 is really good .....


subpenny coins are a way safer bet until we figure out this edsca thing NYC;)




http://www.youtube.com/watch?v=GDoO1YCgBHg


Irrelevant song, but it is a good drum bass.
.It is safer bet for sure ,but if price increase you get nothing.. and If BTC become subpenny I wonder it really worth to invest in ??

 



Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 05, 2013, 03:30:39 PM
No it will not hold, because i will dump :)

 >:(  >:( do not do that!  >:(

Already in progress

Only need 300 BTC to bring down the price below 70....I think the value of BTC are not true by determining in this way~~
300 BTC caused entire BTC market crap decrease by 10million USD..... We need another mechanism to determining the value of BTC!!!


Title: Re: 70 Will hold
Post by: mah87 on July 05, 2013, 03:35:23 PM
I'm seeing 5000btc on gox wtf are you talking about ...


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 05, 2013, 03:39:58 PM
Go back check with the buy bid list.... approximately dump another 600 btc, we can reaching below 70....someone just adding buying bid....


Title: Re: 70 Will hold
Post by: derpinheimer on July 05, 2013, 04:19:16 PM
Go back check with the buy bid list.... approximately dump another 600 btc, we can reaching below 70....someone just adding buying bid....

 ::) its 5,200 BTC to <70.



Title: Re: 70 Will hold
Post by: vokain on July 05, 2013, 04:23:06 PM
but how many will sell after the bears run out of ammo! this is like bear city sieged in by the bulls. we have all the time in the world.


Title: Re: 70 Will hold
Post by: derpinheimer on July 05, 2013, 04:27:15 PM
but how many will sell after the bears run out of ammo! this is like bear city sieged in by the bulls. we have all the time in the world.

Fiat can enter and leave the orderbook.

Coins never leave in a speculative market.


Title: Re: 70 Will hold
Post by: cbeast on July 05, 2013, 04:32:07 PM
The pattern for awhile is that during American daytime hours there is fiat profit-taking and during the Eurasian daytime hours there are long-term buyers and holders that raise the price. The cycle will continue until the Eurasian markets hold most of the bitcoins and demand much higher prices. Western short-term vs Eastern long-term mentalities will create the next bubble.


Title: Re: 70 Will hold
Post by: mah87 on July 05, 2013, 04:37:52 PM
The pattern for awhile is that during American daytime hours there is fiat profit-taking and during the Eurasian daytime hours there are long-term buyers and holders that raise the price. The cycle will continue until the Eurasian markets hold most of the bitcoins and demand much higher prices. Western short-term vs Eastern long-term mentalities will create the next bubble.

"Western short-term vs Eastern long-term mentalities" where did you pick that seriously ... money is money. Whatever it's east or west ..


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 05, 2013, 04:42:26 PM
Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 04:53:23 PM
Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....

what is going to make it rise? you are going to need millions upon millions of fiat to be pumped in and no one able to sell, for it to go that high. dream on.


Title: Re: 70 Will hold
Post by: derpinheimer on July 05, 2013, 04:55:02 PM
Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....

what is going to make it rise? you are going to need millions upon millions of fiat to be pumped in and no one able to sell, for it to go that high. dream on.

Yep, if it were so true then no one in their right mind would risk selling high to buy low.. when rest assured, your $70 coins will appreciate 300% in 12 months.

But alas, there are poor souls who bought above 100 in the past few weeks, and these are their cries for reassurance.


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 05, 2013, 05:03:28 PM
Turn of the computer ,then come back one year later, the price will be 300 USD by that time ....

what is going to make it rise? you are going to need millions upon millions of fiat to be pumped in and no one able to sell, for it to go that high. dream on.

Yep, if it were so true then no one in their right mind would risk selling high to buy low.. when rest assured, your $70 coins will appreciate 300% in 12 months.

But alas, there are poor souls who bought above 100 in the past few weeks, and these are their cries for reassurance.

Number of people bought coins above 100, I think this game is like this ,some people buying high ,they will hold on...Some pioneers does not care ,they can selling any time with profit thus they contributing to the volatility.....Speculators is great ,they creating volatility thus stop new investors to jump in...

Finally ,BTC is become a speculator instrument rather than investment , it become meaningless to other purpose... honor must be given to those speculators ,great job.

If you are rational investors and willing to see the bright future of BTC ,become a bitcoiner rather than speculator.


Title: Re: 70 Will hold
Post by: cbeast on July 05, 2013, 05:11:34 PM
The pattern for awhile is that during American daytime hours there is fiat profit-taking and during the Eurasian daytime hours there are long-term buyers and holders that raise the price. The cycle will continue until the Eurasian markets hold most of the bitcoins and demand much higher prices. Western short-term vs Eastern long-term mentalities will create the next bubble.

"Western short-term vs Eastern long-term mentalities" where did you pick that seriously ... money is money. Whatever it's east or west ..
For example: In the East Au is gold. In the West GLD is gold.


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 05, 2013, 05:16:54 PM

For example: In the East Au is gold. In the West GLD is gold.
my dictionary indicated that GLD  mean generalized lymphoproliferative disease.
I think its time for me to get another dictionary....


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 05:25:58 PM
At least for now... That's my prediction gents.

Don't think we'll even touch it, but please sell down to 71, as I've got a buy order set :)

dont quit your day job.


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 05:28:31 PM
massive selling now. down to 68 and change. next stop 60.


Title: Re: 70 Will hold
Post by: Kiaya on July 05, 2013, 05:29:01 PM
$70 just fell.


Title: Re: 70 Will hold
Post by: Jaroslaw on July 05, 2013, 05:29:26 PM
So wheres your 70$ hold ? buhahaha


Title: Re: 70 Will hold
Post by: byronbb on July 05, 2013, 05:29:50 PM

For example: In the East Au is gold. In the West GLD is gold.
my dictionary indicated that GLD  mean generalized lymphoproliferative disease.
I think its time for me to get another dictionary....


He means asians buy hard metal and westerners paper etf gold.


Title: Re: 70 Will hold
Post by: Come-from-Beyond on July 05, 2013, 05:30:36 PM
68.45


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 05:33:54 PM
I love it. big limit orders getting filled on the way down. lol


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 05:36:27 PM
67.9


Title: Re: 70 Will hold
Post by: Jaroslaw on July 05, 2013, 05:38:13 PM
67.7


Title: Re: 70 Will hold
Post by: cbeast on July 05, 2013, 05:39:26 PM
get ready for bounce


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 05:39:35 PM
looks like a mad rush for the exits. people are just selling at market


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 05:40:46 PM
get ready for bounce

you are right it will bounce.


Title: Re: 70 Will hold
Post by: Rampion on July 05, 2013, 05:42:44 PM
get ready for bounce

you are right it will bounce.

It alway do. There's no BTC bubble deflation without juicy bull traps


Title: Re: 70 Will hold
Post by: cbeast on July 05, 2013, 06:06:27 PM
I think we've hit bottom here for awhile at 66.6  ::)


Title: Re: 70 Will hold
Post by: Einewton on July 05, 2013, 06:09:39 PM
In the next few day's, we'll be in the $50's, and watch it keep going... droooooop!


Title: Re: 70 Will hold
Post by: Crypt_Current on July 05, 2013, 06:10:55 PM
I think we've hit bottom here for awhile at 66.6  ::)

 ;D ;)


Title: Re: 70 Will hold
Post by: cbeast on July 05, 2013, 06:14:22 PM
In the next few day's, we'll be in the $50's, and watch it keep going... droooooop!
Nah, we'll see a March-April size spike up before 50. Over 100 soon.


Title: Re: 70 Will hold
Post by: escrow.ms on July 05, 2013, 06:15:53 PM
Buy time starts now.

:D


Title: Re: 70 Will hold
Post by: cbeast on July 05, 2013, 06:29:02 PM
Buy time starts now.

:D
Yeah soon. It will drop more because folks call this the falling knife and they expect it to fall. Their greed may cause them to lose the opportunity of the big correction upward.


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 06:49:49 PM
bye. new lows


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 06:52:43 PM
ouch that 1500 share block sold had to hurt


Title: Re: 70 Will hold
Post by: gizmoh on July 05, 2013, 07:07:39 PM
ouch that 1500 share block sold had to hurt

No it embraced my bid  :P


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 08:52:18 PM
ouch that 1500 share block sold had to hurt

No it embraced my bid  :P

why how many did you buy?


Title: Re: 70 Will hold
Post by: fleabag on July 05, 2013, 09:22:25 PM
i guess OP is somewhat right. pretty decent bounce


Title: Re: 70 Will hold
Post by: tokeweed on July 05, 2013, 11:06:45 PM
At least for now... That's my prediction gents.

Don't think we'll even touch it, but please sell down to 71, as I've got a buy order set :)

nope.


Title: Re: 70 Will hold
Post by: tokeweed on July 05, 2013, 11:07:34 PM
i guess OP is somewhat right. pretty decent bounce

now he's losing money. lol


Title: Re: 70 Will hold
Post by: Jozzaboy on July 05, 2013, 11:08:49 PM
Back to the 70s baby



Title: Re: 70 Will hold
Post by: tokeweed on July 05, 2013, 11:10:50 PM
Back to the 70s baby



still downtrending. even if it goes up a bit we both know it could well go down again.



Title: Re: 70 Will hold
Post by: Jozzaboy on July 05, 2013, 11:11:10 PM
https://i.imgur.com/KU6wlUA.gif


Title: Re: 70 Will hold
Post by: tokeweed on July 05, 2013, 11:13:40 PM

i'm more of a 60's kinda guy. :p


Title: Re: 70 Will hold
Post by: xorglub on July 06, 2013, 12:01:15 AM
Haha, I invite everyone to re-read this awesome post by maged on https://bitcointalk.org/index.php?topic=188829.msg1957003#msg1957003
These echoes from the past have never been more relevant than in the last few days...


Title: Re: 70 Will hold
Post by: cbeast on July 06, 2013, 12:07:02 AM
Haha, I invite everyone to re-read this awesome post by maged on https://bitcointalk.org/index.php?topic=188829.msg1957003#msg1957003
These echoes from the past have never been more relevant than in the last few days...

Yes, and those that bought and held in those days did very well.


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 06, 2013, 02:50:07 AM
if weak hand not get out , if earlier adopters not get out ....we will never seen the future of BTC....
All those weak please get out ....let's our true believers to killing the volatility of BTC, and lead it to be succeed.


Title: Re: 70 Will hold
Post by: tokeweed on July 06, 2013, 03:25:14 AM
At least for now... That's my prediction gents.

Don't think we'll even touch it, but please sell down to 71, as I've got a buy order set :)

did it hold?


Title: Re: 70 Will hold
Post by: massivebitman on July 06, 2013, 03:59:47 AM
Haha...

Well looks like I was wrong.

I was selling to buy cheap.

Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.

The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!


Title: Re: 70 Will hold
Post by: tokeweed on July 06, 2013, 09:18:10 AM
Haha...

Well looks like I was wrong.

I was selling to buy cheap.

Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.

The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!

ok say you average down til it goes to 30. then goes sideways for 2 - 3 years. you lost money.

that is a waste of your time and your money.

but maybe that's fine when you're risking a few hundred i guess.

edit:  if you really want to speculate and are willing buy and hold, i would go for xrp.


Title: Re: 70 Will hold
Post by: cbeast on July 07, 2013, 02:40:55 PM

edit:  if you really want to speculate and are willing buy and hold, i would go for xrp lottery tickets.
FTFY


Title: Re: 70 Will hold
Post by: monkofnothing on July 07, 2013, 03:10:45 PM
It seems right now that it is holding around 70. It's still not as far down as I would like to get on board. Jarowslaw said it should be around the 50s today but I still see 69 70s. I can't buy in on this level yet but I want to be in as close to the early adopters as possible. I believe in the product. I believe in the cause. But being selfish means I want as little sacrifice as possible  :-\


Title: Re: 70 Will hold
Post by: Zendata on July 07, 2013, 06:07:34 PM
Its the weekend, banks are closed in america. This week will be lower than 70.


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 07, 2013, 06:15:33 PM
It seems right now that it is holding around 70. It's still not as far down as I would like to get on board. Jarowslaw said it should be around the 50s today but I still see 69 70s. I can't buy in on this level yet but I want to be in as close to the early adopters as possible. I believe in the product. I believe in the cause. But being selfish means I want as little sacrifice as possible  :-\
If lot of people sharing the same wishing as yours, Then it may be very difficult to convince other holders to selling at your expectation.
You may get disappointing on it.


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 07, 2013, 06:17:06 PM
Haha...

Well looks like I was wrong.

I was selling to buy cheap.

Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.

The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!

Reward is waiting for some brave guys and true believers ...weaker hands is more closer to losing their coins...





Title: Re: 70 Will hold
Post by: mah87 on July 07, 2013, 07:37:24 PM
Haha...

Well looks like I was wrong.

I was selling to buy cheap.

Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.

The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!

Reward is waiting for some brave guys and true believers ...weaker hands is more closer to losing their coins...





it's going to 50$. the brave are gonna miss an occasion to hold more coins ...


Title: Re: 70 Will hold
Post by: Komodorpudel on July 07, 2013, 07:43:04 PM
Its the weekend, banks are closed in america. This week will be lower than 70.

what has this to do with(falling) btc price?


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 07, 2013, 07:46:25 PM
Haha...

Well looks like I was wrong.

I was selling to buy cheap.

Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.

The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!

Reward is waiting for some brave guys and true believers ...weaker hands is more closer to losing their coins...





it's going to 50$. the brave are gonna miss an occasion to hold more coins ...
Make this post here ,back weeks later...or month later...reality is better than any argument.


Title: Re: 70 Will hold
Post by: monkofnothing on July 08, 2013, 03:49:27 AM
It seems right now that it is holding around 70. It's still not as far down as I would like to get on board. Jarowslaw said it should be around the 50s today but I still see 69 70s. I can't buy in on this level yet but I want to be in as close to the early adopters as possible. I believe in the product. I believe in the cause. But being selfish means I want as little sacrifice as possible  :-\
If lot of people sharing the same wishing as yours, Then it may be very difficult to convince other holders to selling at your expectation.
You may get disappointing on it.
I don't expect people to do as I wish I expect, that I use selfdiscipline to bring out my best decisions and my decision is to wait. Until it comes down to where I want it to. It may be a long wait but it it doesn't cost me anything to wait I don't have an investment yet.


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 08, 2013, 04:55:04 AM
It seems right now that it is holding around 70. It's still not as far down as I would like to get on board. Jarowslaw said it should be around the 50s today but I still see 69 70s. I can't buy in on this level yet but I want to be in as close to the early adopters as possible. I believe in the product. I believe in the cause. But being selfish means I want as little sacrifice as possible  :-\
If lot of people sharing the same wishing as yours, Then it may be very difficult to convince other holders to selling at your expectation.
You may get disappointing on it.
I don't expect people to do as I wish I expect, that I use selfdiscipline to bring out my best decisions and my decision is to wait. Until it comes down to where I want it to. It may be a long wait but it it doesn't cost me anything to wait I don't have an investment yet.
This great, but if this a health market, then it must be a long upward trend ,since more people will coming.

If suddenly it decrease at your expectations ,there must be something happen , you should be carry a full research  before you really get it .


Title: Re: 70 Will hold
Post by: monkofnothing on July 08, 2013, 06:11:17 AM

[/quote]
This great, but if this a health market, then it must be a long upward trend ,since more people will coming.

If suddenly it decrease at your expectations ,there must be something happen , you should be carry a full research  before you really get it .
[/quote]

I agree but I'm only getting in on my terms if I miss the train its on me if I nail the right moment then bravo luck and patience wins the day. Till then its a show I can watch for free.


Title: Re: 70 Will hold
Post by: SOSLOVE868 on July 08, 2013, 09:38:12 AM

This great, but if this a health market, then it must be a long upward trend ,since more people will coming.

If suddenly it decrease at your expectations ,there must be something happen , you should be carry a full research  before you really get it .
[/quote]

I agree but I'm only getting in on my terms if I miss the train its on me if I nail the right moment then bravo luck and patience wins the day. Till then its a show I can watch for free.
[/quote]

No worry ,there are one big wall on sell bids ,price should be stay in this level for quiet long time.


Title: Re: 70 Will hold
Post by: massivebitman on July 08, 2013, 09:59:32 AM
Haha...

Well looks like I was wrong.

I was selling to buy cheap.

Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.

The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!

ok say you average down til it goes to 30. then goes sideways for 2 - 3 years. you lost money.

that is a waste of your time and your money.

but maybe that's fine when you're risking a few hundred i guess.

edit:  if you really want to speculate and are willing buy and hold, i would go for xrp.

Well sure I'd lose money in that case, but I've got to treat this as a high risk investment.

I don't think it's going to do that, I think there is a lot of potential in BTC that is on the verge of being realised.

I've just sent some more money to Gox and my BTC holdings will total about 3-4 months salary once all is said and done.

I'm not a good saver or investor but when I look at bitcoin it looks like one of the few things that has potential to make me richer. Sure I could spend that money on a new car but that's never going to make me rich. While the odds aren't great, this just might.