I would add that some of us do not care about "investing" in bitcoin.
Then the speculation subforum is a strange place for you/those people to be posting...this subforum is specifically for price talk as it relates to trading/investing. |
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Everyone is loving the idea of buying cheap bitcoins, which means they won't actually fall that cheap. There is always someone else with "low" bid orders $20 above yours.
Until investor confidence gets shaken. If people no longer think they can sell for a higher price, they wont buy in. We are in a declining market now, and less people are going to be willing to buy in the further down this thing goes.  The coins that were "cheap" a week ago are now looking pretty expensive... |
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No, I am a bear because I believe the market is going downwards. The term bear has nothing to do with "want". (don't feel bad, most of the true believers here don't know/understand that either, and frequently misuse the term.) Definition of 'Bear'
An investor who believes that a particular security or market is headed downward. Bears attempt to profit from a decline in prices. Bears are generally pessimistic about the state of a given market. http://www.investopedia.com/terms/b/bear.aspSo many investment terms are misused on this forum.  |
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Personally , i never set bids for future crash. You never know how low it'll go.
That's why you set staggered buy orders all the way down...you don't know how low it will go or where it will settle, but you can lower your cost basis quite a bit and possibly profit on the bounce (or by holding mid to long term depending on your own investment strategy). |
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I have all my current bids set at $40 and below, with my lowest bid set at $5. Wouldn't be surprised to see all of them filled by the end of the month...
Do you have bids set in place for a crash? If so, where at, and when do you believe they will get filled?
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so a bear that wants coins to drop to 10 no to 5 no to 1 no to 25 cents no to .00000001 no even lower.
Is that what I want? Please tell me more about how I feel about things, you obviously know me better than I know myself.  |
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 ...I believe |
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Alex Jones is a CointelPro working for STRATFOR, a private Zionist intelligence agency located in Austin, Texas. They may has well have hired a clown to act like he is a libertarian to troll us all. He teaches us that the best way to handle those in power is by screaming nonsense into a blowhorn. Here he is disrupting a pro second amendment gathering: http://www.youtube.com/watch?v=9uyIVzdvGi4ShareHoly shit, please tell me this is a joke post.... |
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Watch out people, I may post again and knock the price down another 75%...  |
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Your warning is welcome, but keep in mind traders who have sold out, and are now talking the price down can play in the wall observer thread.
The price is doing a pretty damn good job of going down by itself, it certainly doesn't need my help.  Edit: and the post above me shows why... |
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No, its a big deal whether you lost money or not.
BTC will not be taken seriously as a currency with 75% swings in value, much less when those swings occur in a couple of days.
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Hahahahahahaha yeah, 75%+ loss, no big deal... |
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The big difference between now and 2011?...a new group of suckers. Same get rich quick attitude, same "new paradigm" talk, just different people. What's old is new again. |
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Bumping, since (apparently) some of you have forgotten about the last crash already. be careful with your money,people.... |
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Yeah, see, no bubble, no selling here... Arithmetic charts are fo' suckas:  Where's the crash? I can't find it. No? look for the large red candles, or the insanely large red volume bar...... What I find funny about proudhon is that not two weeks ago he lost a bitcoin to me because the price went through $100. So naturally now that the price fell from high level to higher than when he had to send me 1 BTC he claims "crash". lol
Yeah, a 75%+ loss in value is a crash. Period. |
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triple top at @130, then a decline:  (live chart)  |
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