This is why i am not buying now, Below is a google trends graph of the search term 'bitcoin' and ' bitcoins'. As we can see the search term bitcoin always increases during times in which the value of bitcoin has increased. This is a fairly obvious and logical observation. This means that at the moment the inflated price is due to bubble frenzy like buying (caused by baidu) etc. The value in bitcoin is only justified when their isn't a bug peak in interest as this means that their isn;t a bubble phase going on. Therefore i believe it is foolish to buy now.  lol what this is super bullish info, look at the spike in bitcoin interest the past few days.  pretty soon everyone on earth have heard the word bitcoin, yet another mille stone Same thing I said in the other thread you posted the bear stance in. The value of bitcoin is higher with less interest and not due to a economic scare in the EU on bail ins. mmmk the bitcoin learning curve is long and can be painful if you start trying to buy high and sell low. interest is growing, and a buttload of newbies are seeing the light... its almost over boys bitcoin technology reproduces and evolves, their will be no stopping this train, its Alive Muahaha UP!  |
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This is why i am not buying now, Below is a google trends graph of the search term 'bitcoin' and ' bitcoins'. As we can see the search term bitcoin always increases during times in which the value of bitcoin has increased. This is a fairly obvious and logical observation. This means that at the moment the inflated price is due to bubble frenzy like buying (caused by baidu) etc. The value in bitcoin is only justified when their isn't a bug peak in interest as this means that their isn;t a bubble phase going on. Therefore i believe it is foolish to buy now. lol what this is super bullish info, look at the spike in bitcoin interest the past few days. pretty soon everyone on earth have heard the word bitcoin, yet another mille stone |
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just got back home, technicals look pretty good ah, not a bad time to buy  |
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good time to buy right now? opinions? Or is the correction not done?
oh ya its prime time to buy IMHO. we may see lower prices still in the next few weeks, but months out... I honestly think we will be much higher. HOPEFULLY we do not dramicly over shoot and come to a permanly high plateau instead, but over shoot and crazy crash is fun too. |
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You buy when the stochrsi is moving out of oversold territory. This last year, that's had 100% accuracy of predicting at least a short-term bottom.
yup, stochrsi is an important indicator, watch it on many time frames. |
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[...]
let the weak hands feed the strong.
Sure, you will be able to buy bitcoins at the same price as 3 weeks ago  lol its nice to see some bears in here finally. |
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what happened, I just woke up to see this price !!! and the low was 290$, how long did it last ? I have an alert on my phone but it rang only once I couldnt hear it.... I am so angry that I missed the bottom.
do you think it will crush further ?
classic bear trap, everyone here feel for it. no this is pretty much bottom, try and catch the last few panic sellers. |
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Even botnets stopped using Gox  I'm only ~20 days into Bitcoin, not yet trading (now collecting dust here and there) in short. Banks hate them |
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i remember back in the day bitcoin were flying so high and crashing real hard, good times, remember when EVERYONE got ZhouTonged LOL what a spectacular day  |
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In my three years following this market I have never seen such a unimpressive dump, period.
no it was good dump... its cuz you've been here so long your become desensitized to price swings |
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 UP! |
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 its looking good price discovery is doing its thing, poeple are cashing in and out |
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Bitcoin, i love it |
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Maybe I'm crazy but I'm expecting something like this:   w00t i was right?? but but- Bitcoins only crash up! to le moon right? right guys? where are you bulls? ?!bulls are busy buying |
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am i the only bull buying all the bitcoins i've been chasing the top bid every since i got back home, got some good prices! |
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*just got back home.
OMG i want to buy so badly and i place bids but they only show as pending
anyone know whats up with cavirtex?
It is acting up for me too. ya its like that for everyone. pending. hope the fix this like NOW Maybe they're overloaded - reminds me of Gox. Gox may be crappy but the other exchanges will have a lot of catching up to do. cavirtex seems to do good b4 on high volume. not sure what's up... Well whenever it is fixed, it is going to be a shit-show. oh ya baby' i got my dirty fiat ready! |
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*just got back home.
OMG i want to buy so badly and i place bids but they only show as pending
anyone know whats up with cavirtex?
It is acting up for me too. ya its like that for everyone. pending. hope the fix this like NOW Maybe they're overloaded - reminds me of Gox. Gox may be crappy but the other exchanges will have a lot of catching up to do. cavirtex seems to do good b4 on high volume. not sure what's up... |
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*just got back home.
OMG i want to buy so badly and i place bids but they only show as pending
anyone know whats up with cavirtex?
It is acting up for me too. ya its like that for everyone. pending. hope the fix this like NOW |
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