Bought in the first time at $4....$4!!!  Ignorantly used up all of those and bought in again when it was rising at about $90.  Cashed out and bought in again at $220.*Doh!*
  
Had to cash out one final time to protect the capital(and teh queen).  made a 10% profit riding the waves after that, but in the long run. it was too stressful so I am just sitting on my cash right now until I learn more, we hit the $20 mark, or I have to pay for something online.  Would love to see more small businesses accepting BTC, but with this volatile market, it isn't happening.

Still bullish for the long run!  


Had an issue with that during the big fall; the price would not only run away from me, but would also run right over and past me without my coin selling!  It was horrifying.   

Great analysis!  This thread(and a few others) really helped me today,  I almost made a huge mistake buying in at 70 b/c from what I could see we had hit bottom and were on our way back up and I was missing my chance to buy in cheap.    

Thanks.   I will be studying more of this EMAs MACD, Slow Stochasic, and StochRSI thing until I actually know a bit.


I would be very interested in that. There is so much to learn and it's very exciting.

So did anyone else find it odd that a day or two after the crash they were all over bitcoin news and even obscure youtube videos?
Figured it was just my paranoia bells acting up again.
Haven't read much up on those guys; they look feckin evil.

This is what my uneducated gut is telling me, but my mind is second guessing it.  Last time I allowed my brain to supersede my gut I lost out on the big sell-off and barely broke even, selling what I didn't need for services.  I tried to hang on to a few, but to no avail.
After reading all the experienced bitcoiners' posts saying it will drop again shortly, it really makes it a tough call.  Most of the press I have read since yesterday has been positive(which is shocking and confusing).

Buying in at 69-70 sounds great if it's not going down any further. -.-
Speculating: Once a sideline hobby, now taking the place of eating, sleeping and all things holy.

 

Not before I buy back in!!  >o< 

Glad I listened to you guys.  Price is down somewhat from earlier.  It's mostly bots putting in tiny bids to drive it down, right?  Someone may hate me for asking, but is there any way for exchanges like bitfloor/Mt Gox to stop the manipulation? I understand the need for bots to an extent, but they're being abused. 

The few financially minded people I have spoken to about bitcoin say they love the concept, but price manipulation is just too easy and it will never be effective as a currency or way to trade until this can be stopped.

Otherwise, they said they would be all for it.
They also questioned, "What is bitcoin's true value?" which I don't think there is an answer to, yet.  I heard the number $3,333 thrown out there once, but can't find the thread to see who said it and what their background is to determine if it was a legitimate guess or not.

One of the main things I have learned in this forum is not to listen to that guy.  

Of course, he could pick up on that and start giving advice that's the opposite of what he really thinks.

Then the manipulation will be in full effect. :}

Haha, I was watching it like a hawk when it hit >50 and spiked back up suddenly. I think I went into shock and had no clue what to do, so I fell asleep with the live graphs running and woke up to what I considered "a pretty steady rise".  lol

Been speculating heavily since before the drop and it didn't do me a bit of good b/c I didn't go with my gut. But in the long run, I don't want to be a speculator.
I do believe in the principle and am trying my best to get behind it.  Guess I'm sort of weak, but with these daily excercises maybe I can have strong hands before long.

Still not sure if the price will drop significantly again before the steady climb we are all hoping for, guess no one knows.  With the info I have gathered today, there is a good chance it will drop at least a bit before it stabalizes. 
Think I will wait for a slight drop, then buy in with all the fiat in my account and hold.  If it goes down, I just won't use the coin until it meets my original price again. But I like to think it will go up when the next rally hits and continue a steady climb.

Meanwhile, I guess it's time to study terms and acronyms so that I can at least talk the talk and impress....some idiot.  Thanks again.

Thanks for the advice, guys.  
I was trying to save money and buy on the cheap end, but this is ridiculous; you're right.  I'm just going to wait.

I really enjoy this forum and all the different opinions and voices of experience.
Still trying to figure out who is who, but it's nice having it to sift through and even the perceived idiots here aren't half as bad as main stream media's goons.

Bitcoin tabs are down and I am going to go eat, finally. lol

Take it easy, guys.

So who's doing it and when will it drop again?

This is the toughest learning experience since puberty.

I know nothing and need to pay attention is what I have learned so far.

Still don't know if it's a good idea to buy right now or not.  I need to use a few coins within a few days but obviously don't want to buy right now if this is a trap.
Seems to me, atm, the price won't fall while people are buying, so I am just chasing it, waiting for a small dip to buy in and finding none.  
Ask wall coming up on the floor @79.98. 222 coins.  Does that count as a wall?
Just how easy is it to manipulate the price at several different exchanges at once?
Right now I am just chasing the price.
Where is my fairy Godmother?
They just blew right through the 'wall' like it was nothing....Holy shite.
Do I buy in now!?
Think I'll just go hyperventilate in a corner somewhere.....  

I know Ilol'd.  Thanks. 

As a teacher once told me:  bears eat and bulls eat, but pigs get slaughtered. 

me too
[/quote]
I hope you guys aren't serious.

I was being sarcastic(hence the eyeroll) and partially throwing back to my statement. I sold in the middle of a panic sell even though I wasn't panicking, so.... No one to hate on, but myself and the bankers.   But the panic sellers do frustrate me.
I am still wondering if what I did was a good thing or a bad thing.  On one hand, I stuck to my original plan and sold before I had to sacrifice all my coin.  On the other hand, I didn't sell when it was high, but rather, when it was low and contributed to a panic sel.
I guess next time I will sell when it jumps, even if I want to stay in and buy when it drops even if I have no clue whats going on.
Like my sig says, I'm here to learn; earning and learning.

I want to apologize for being part of the sell-off.  180 was my limit.  It wasn't a panic sell, but calculated to cover my initial investment without having to lose all my coin.  You know, I had a feeling that what was mentioned in this article was the case when it happened earlier.  Don't know why, but just thought that the market was small enough that the banks could manipulate it so easily by buying and selling.  My gut feelings have proven true in the past, I should listen to them more often. The past two days there has been this nagging and negative feeling about btc, but I didn't pay any attention to it, chalking it up to the bad press planting seeds(even though I had laughed at it when reading).  Oh, well.   Bet they wet themselves.  And it's climbing again.  Guess my negative feelings were just about my idiot self selling and not btc. But at least I stuck to my plan. (?)  Guess I'm not a spartan, after all. 

Now that I have insured my initial investment has been safely covered and the other half of my btc are just profit to let ride till the end, I can say:

Panic sellers SUCK.  Stay the fuck out of bitcoin!!    

Mmmmmmmmmmm, Roman.  

Had a make-believe issue with depositing my btc this morning.  Still not sure what happened, but even with their increase in volume and dealing with so many various things this week, they still got back to me **within an hour** of my email and everything was resolved immediately.  It could have been a problem on my end. Either way, the short email Roman sent was more than enough.  Now I am sorry for unnecessarily filling their time/inbox. Will gladly donate btc to his cause, as soon as I find his wallet address--my next mission.

They keep this up and I will NEVER have to use any other site(P2p once in a very blue moon).  
Thanks, Roman!  

*Young, untouched and innocent face* Nah, I never scheme. What's a botnet?  

Ah, hell, while I'm at it:

http://www.yalibnan.com/2013/04/05/bitcoin-the-future-currency-or-cyber-bubble/


Discovery:

http://news.discovery.com/tech/bitcoin-currency-attacked-130405.htm

Hope this hasn't already been posted.

http://rt.com/news/bitcoin-currency-cyber-attack-394/

Some bodies are scheming.