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It never reached $300 on bitstamp. I thought Bitstamp price is generally accepted one we refer to when we talk about price.
Regardless, even if it did, it didn't prove me wrong since I said it's less than 75% it will be seen, not that it will never be seen. So far it seem like it was a good estimate. Btw how many people did manage to sell at $300 that day?
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I'd say
25% chance $300 will never be seen again
50% chance $400 will never be seen again
90% chance $500 will never be seen again
99% chance $600+ will never be seen again
It is cute that you are still here. No. It's simply not worth the risk. If you buy for $225 and intend to sell for $300 that's 33% profit, but there's more than 25% chance $300 will never be seen again so that's a bad bet.
I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.
There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.
What's your point? $300 was still not seen since i posted that. |
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I'd say
25% chance $300 will never be seen again
50% chance $400 will never be seen again
90% chance $500 will never be seen again
99% chance $600+ will never be seen again
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'Deadcoin' an account registered for the sole purpose of spreading FUD and posting negatively about bitcoin on a bitcoin enthusiast forum. The alt of someone who comes out to bash bitcoin when the price isn't rising. Keep saying nasty things to me - I really value your opinion about what do with my money ha  Oh and when you dig up a post constituting trading advice from me then you can proudly display it here Edit: off out for the weekend..good luck moving the price lower! I didn't say nasty things to you, just quoted you to make people aware whose advice they're taking. Thank you for providing liquidity and injecting your fiat into this naturally occurring ponzi scheme. Bitcoin needs people like you (suckers). |
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We should definitely listen to inca, he's got a good track record Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.
Panic buying!
I think we are now in the final phase where coins can be accumulated relatively cheaply. Who knows how long it will last? I personally think we will move sharply up in the next few weeks or months. Every day there is new positive news. The auction reinforced the friendly US position towards bitcoin. Several giant retailers have publically integrated bitcoin into their payment systems. Today it was the turn of Newegg. Over the coming weeks and months I predict user adoption will start to move upwards sharply again. This will cause the price to rise. It will be front run by whales and big players. It is time to speculate to accumulate! Ignore the bears and traders. Look at the big picture. Every single time in the past my only regret with bitcoin is that I didn't buy more when i had the chance.  Looks like the market is still bearish for some reason. Every good news does nothing to the price, while "bad" news (or would I say "FUD" news) make it drop like a rock.
Well some trader reacted and dumped. The price is only 20$ lower than earlier. Lets see what happens. I wouldn't call this a bearish market. Bulls in Denial   Denial of what? The price is 620. We are a sneeze from 700 then each and every one of you bears will buy back in. Right i am buying another chunk. If we go lower then ive got more Just read the last ten pages or so. Sentiment at rock bottom. Trolls doing their thing.
Bottom must be near. Still less than 30 bucks from a 5xx handle.
Why are you bearish when the market is clearly oversold, is a huge way down from ATH in a sea of good news that only a year ago would have been predicted impossible? Sentiment is a fluid thing, if we bust back up through into the 6xx's then watch it turn on a dime.
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So I started with bitcoin a couple of months ago. In the beginning, I would watch charts and do all the things that someone else would do if they were new to bitcoin. But since 1 month, I have stopped checking the charts and reading threads here and news about bitcoins. I simply care less now than before.
I think it's the depressing price that made me care less now because it's not as fun as before. When bitcoin hit around $420 one day, I thought about buying more, since then it's just gone down and down and a bit up and down etc.
Is there anyone else like me? I think I will start to watch charts once the price goes up to what I would refer to as "normal prices - the $350/btc range". In the end, I just hope it will rise to $1000/btc and more, but that seems to be a dream more than reality.
What makes you think $350 range is normal price? Even at low 200s there is barely any buying pressure, in mid to long term current $250 is absolutely unsustainable, there's still a long way down. |
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Better question, who will lose less?
All of them were in a bubble and still in the process of deflating. I'd go with silver. It'll probably lose only 5-25%. Gold will lose 10-20% even though it could crash to $800s especially after fed raising rates. Bitcoin will be lucky to lose less than 50% by the end of the year.
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Lol, you read Zerohedge. They have a gold pumping agenda, there is 10% good stuff and 90% total doom porn crap. Joke of a site. |
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You guys got opportunity to sell at a higher price, don't waste it hodling.
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Where the trolls at?
**Sub 200**
**double digit coins**
**BTC is dead**
AHAHAHAHAHAHAHAHAHA
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At these prices, I feel more comfortable buying than selling. If prices will fall, I will buy more.
My plan: For every week bitcoin is under $250 I will exchange coins worth $1000.
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The only thing that comes quickly into my mind is Swiss Franc. Which I knew of and I knew it will rise someday.
I didn't know of BTC 2 years ago so it would be unfair to pick it.
Why CHF? Why not USD instead? In 2011 USD/CHF was 0.76, A year ago it was 0.87 Today it's only 0.93 |
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LOL No.... Eastern Standard, Toronto time.
I used to play music in bar bands back in the 1960's, '70s and '80s. Didn't finish work until after 2:00 AM so by the time I relaxed and ate, bedtime was 4:00 or 5:00AM.
After enough time the old biological clock got reset to a noon rising.
Even though the old 6-nights-and-a-matinee business dried up in the mid-1980s (may as well be talking about vaudeville!) my old sleeping habits remain.
I still wake up spontaneously at the crack of noon.
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so you guys what is your opinion? we are going up or down?
Someone should open a poll, and the result with more votes - the opposite will happen |
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Not much price action...  |
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No. It's simply not worth the risk. If you buy for $225 and intend to sell for $300 that's 33% profit, but there's more than 25% chance $300 will never be seen again so that's a bad bet.
I don't know what's your exit point, but you'll most likely never see it and end up holding the bag.
There's more downside potential than upside, so definitely no. And don't listen to bull scammers who tell you to buy, they just want to lure new suckers.
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"Our whole lives is an emotional rollercoaster based off of absolutely nothing. Every time it goes up a few dollars he rubs it in my face how wrong I was. He ignores long term trends and focuses on these specific time frames to show me how stupid I am. Yes, my husband called me STUPID over THINKING I do not understand it"http://www.reddit.com/r/relationships/comments/2uovrl/me_28_f_with_my_husband_31_m_5_years_will_not/I promote this gentlemen to legendary status on bitcointalk even if he doesn't have an account. "I used to consider him a smart guy and I never, ever thought he would succomb to basically being brainwashed by a bunch of clueless idiots on the internet who seem to know absolutely nothing about finance or the real world. I don't know how familiar people are here with bitcoin but if you go to their subreddit, you will see exactly what I'm talking about. I started crying once reading my husband's comments worded slightly differently, repeated 100 times over. It was like I married a parrot." Spot on. |
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I guess there are different definitions of cheap coins. It is. Anything below 1k is cheap. I have been saying that since we dropped below it and am sticking to my story. Additionally, anything below 1500 is a decent buy.
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 Zero very soon. CLASSIC! Well, he guessed the direction right, but timing was a bit off. Price is 70% down since then, so this is more accurate prediction than someone who predicted the price to still be in 800s. |
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