I bought in at £330. and now the price is £255-£260. ..... And i thought the price was going up.....  You are going to lose all your money! Now, to make sure you lose everything you own, keep buying BTC in increments as it goes down every 50£. This way you will gather up a huge loss but have the feeling that that last BTC you bought is doing good as it comes back up for air a bit. If it does go up 50£, sell it and you made 50£ though you are still holding the bag on the rest. Have fun, don't stress out too much yo! |
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If the price of BTC is below the cost of 20-30% of miners, then it is the price to buy.
Care to elaborate on this.. I'm interested in what you're getting at. You have to investigate available hardware and then compute their mining ability taking into consideration other costs such as electricity, administrative costs etc. To be quite honest, traders have got into this game since end of last year and the whole thing is messed up now. Its basically a dog eat dog world since traders don't intend to HODL and simply want to ride the wave to make a few bucks. Unless you are smarter than the traders in the game, you won't make money, since they will take your money! |
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EBay and Amazon need to start accepting bitcoin to at least have that edge on Ali baba...
Alibaba does B2B whereas Ebay and Amazon sell underpants for a tiny little commission...Ebay and Amazon are worth jack when it comes to Alibaba! You can open an account and sell stuff on Ebay and Amazon right now without paying anything. Try opening an account to do business on Alibaba and you will see how much they charge you! |
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One reason why BTC is falling is that money is moving into markets now since the economy is starting to do well.
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Bitcoin is crashing again  Is there a reason? Yes, tulips, whales selling and dumb money realising they have been duped. tulips, wtf? Why whales have been duped? 'Dumb money' may mean YOU if you are still hodling your bag! Once again YOU are 'Tulips'~ |
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Here are more accurate figures from the ones I am looking at:
1) On BitFinex: There are 2372 BTCs placed to be sold at $470-$475, so no way up here
2) On BitStamp: There are 2529 BTCs placed to be sold at $482-$485, so no way up here neither
3) On BTC-e: There are 198 BTCs placed to be sold at $441, given the usual volume of BTC-e, no way up here neither.
4) Kraken and BTC-China: Nothing out of the ordinary there
So, from the above, BTC is intentionally being pushed down, and frankly it's not that enjoyable to deal anymore.
I'd still wait for few months hoping this game ends soon.
Regards
Heider
That's going to take a lot of buying power to cut through over it. We may indeed have to wait for a few months or some kind of major good news to break out at this point. |
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OP had an extra 0 tagged to that estimated value.
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Up to 70% trade happens in China...Bitcoin is not going anywhere anytime unless it's favorable to them.
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Don't get left out...train's leavin...
Hope everyone got on board... |
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Now you can check the price daily and freak out about it. Lol!
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Traders are in this game now. And traders love waves so they can buy and sell often. Trades don't about going to the moon and instead get turned on by roller coaster rides.
Be careful and get yourself some good charts with indicators on it. Its a chop-chop world in BTC now.
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Don't get left out...train's leavin...
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This is an opportunity to get into the game and not have to cry like a baby when it takes off into the $1000s.
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seems to me that the issue is bitcoin's market cap isn't big enough to absorb the hits. it's still too volatile, at least to me.
It definitely is but was way more volatile before and it has gotten a lot better recently. I hope as the market cap increases, the volatility decreases with increased volume. |
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Bitlicense issue has pushed the bottom heavy BTC on its ass...worst bottom spike in 6 months but not as bad as the February one.
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Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.
Yeah, it sucks to still be the #2 cryptocurrency.  And is everyone forgetting that Bitcoin fell to a $4B marketcap just 3 months ago, as compared to the $7.5B market cap that it has now? That it has almost doubled in the 3 months since? It's easy to cry the sky is falling in a downtrend. So easy. This is a good point in that market cap should be considered along with other TA. |
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Miners who are hodling their mining results are hoping for a low or relatively no rise BTC at this time. This keeps the difficulty from rising like crazy and better results off of the same hardware. The last 2 difficulty rise have been reasonable thanks to the stable BTC price.
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This is monumental.
Its a monumental failure is what it is. Good lucking trying to buy stuff on here while paying with BTC. Once payment is made, its gone. At least with Ebay/PayPal, we have buyer protection etc. Decentralized and anonymous also means a LOT of fraud! And if you use one of the escrow crap, then you have pay escrow fees. Also, there is a learning curve to using this rather than simply jumping on Ebay.com so I doubt anything will come out of it except crap...nice try though and hope to God that it really works so we can have a real marketplace. |
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just bought in at 420 EUR, now lets ride the trend!
where do you buy in for 420? :O Good luck to you...it's bottom heavy at this time but not too bad. It may pull itself out as it has done several times over the past few months. |
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