Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: qikaifu on July 11, 2011, 01:53:13 PM



Title: Well I've told you not to push the price up
Post by: qikaifu on July 11, 2011, 01:53:13 PM
3 hours ago, someone is even as excited as willing to buy beyond 15$.
 
Not all the doubters have sold their coins yet. If you push the price up beyond 15, you're only make yourselves in a dangerous situation. I suggest we remain the price at this low level for a while, and let the price crash several times, and make doubters sell all their coins around 10-12$. Then we can move on to the next phase of rally. So don't buy at too high price, and always reserve some money for picking up the cheap coins.


Title: Re: Well I've told you not to push the price up
Post by: AtlasONo on July 11, 2011, 02:29:33 PM
Solid advice


Title: Re: Well I've told you not to push the price up
Post by: RogerR on July 11, 2011, 03:20:50 PM
I buy when the exchange opens.


Title: Re: Well I've told you not to push the price up
Post by: chiropteran on July 11, 2011, 03:34:07 PM
I am waiting until the price reaches $16 before I buy.


Title: Re: Well I've told you not to push the price up
Post by: imperi on July 11, 2011, 03:35:30 PM
I'll buy when it hits $20 because that means the currency is going somewhere. If it drops to $10, I'll sell everything because it is evidence of a collapse.


Title: Re: Well I've told you not to push the price up
Post by: cypherdoc on July 11, 2011, 03:41:05 PM
3 hours ago, someone is even as excited as willing to buy beyond 15$.
 
Not all the doubters have sold their coins yet. If you push the price up beyond 15, you're only make yourselves in a dangerous situation. I suggest we remain the price at this low level for a while, and let the price crash several times, and make doubters sell all their coins around 10-12$. Then we can move on to the next phase of rally. So don't buy at too high price, and always reserve some money for picking up the cheap coins.

based on the quality and frequency of your posts, i think you're trolling.

i'd like to bet you 100 BTC, to be held in escrow, that the price of BTC in USD will be higher than it is today one year from now.


Title: Re: Well I've told you not to push the price up
Post by: imperi on July 11, 2011, 03:43:03 PM
3 hours ago, someone is even as excited as willing to buy beyond 15$.
 
Not all the doubters have sold their coins yet. If you push the price up beyond 15, you're only make yourselves in a dangerous situation. I suggest we remain the price at this low level for a while, and let the price crash several times, and make doubters sell all their coins around 10-12$. Then we can move on to the next phase of rally. So don't buy at too high price, and always reserve some money for picking up the cheap coins.

based on the quality and frequency of your posts, i think you're trolling.

i'd like to bet you 100 BTC, to be held in escrow, that the price of BTC in USD will be higher than it is today one year from now.

That's not a fair bet. If you win, you get $1000. If you lose, you lose $10. (example numbers)


Title: Re: Well I've told you not to push the price up
Post by: qikaifu on July 11, 2011, 03:44:01 PM
I am waiting until the price reaches $16 before I buy.

This is just some kind of panic buyers' expectation of the future. A sophisticated trader will just know that upon the volatility and the weak belief of some early adopters, and the media coverage peak being past, the surge in price is a sign of danger but not a beginning of rally. The more speedy the price surges, the more it falls.

My suggestion is:

just hold the bitcoin you already have. Don't buy it when everybody is pushing the price up. Just be patient, wait the price fall and buy it at a discounted price. If you buy it when the price surges from 13.8 to 14.5 in 15 mins, you're of course the one who will be regret in less than 3 hours.


Title: Re: Well I've told you not to push the price up
Post by: qikaifu on July 11, 2011, 03:47:16 PM
3 hours ago, someone is even as excited as willing to buy beyond 15$.
 
Not all the doubters have sold their coins yet. If you push the price up beyond 15, you're only make yourselves in a dangerous situation. I suggest we remain the price at this low level for a while, and let the price crash several times, and make doubters sell all their coins around 10-12$. Then we can move on to the next phase of rally. So don't buy at too high price, and always reserve some money for picking up the cheap coins.
that the price of BTC in USD will be higher than it is today one year from now.

I'm 100% agree with you in the long-term.
However, in the short term, I think it's more likely hold some USD as well as bitcoin is the best strategy, but not all-in at once.

I post a lot, but not trolling.