Finally! A sane trend is resumed. I have increased my portfolio 12%, and now I can get sleep at night...  |
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It all started in btcchina. then gox followed. then stamp.
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Just increased my btc 10% (trading).
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Youre expecting a 20x bubble 6 months after a 20x bubble?
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$8,5k BTC to $200 and $250 (Gox).
What is a $btc? |
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Gentlemen, how does it feel to see your BTC double their price in just a few weeks?
Hope you are all holding, if $266 is broken next stop is beyond four digits.
Choo choo, motherfuckers!
I'll think of you when Bubble explodes Bubble already exploded once (2011), somebody would say twice including the April 2013 crash, but if ATH is broken in my book that would be a correction and not a bubble pop. Yet the 2011 high was at least one order of magnitud smaller than the 2013 one. That said, BTC is prone to boom and bust cycles, its designed to skyrocket, and even if long-term parabolic growth is unsustainable and exponencial rises always preceed steep corrections, the real *pop* is nowhere to be seen yet. You have to be blind to not realize that we are still in the early adoption phase, the average joe has still no fucking clue on how to quickly get some BTC... When and if paper BTC is steadily available in mainstream markets then you will see what huge and scary motherfucking BTC bubble is. I have been thinking, what if these are just sub-bubbles, and there is a super-bubble on the log chart. Eventually this super bubble pops and we see a brief "correction" to single digits or below and then recover. This would look perfectly reasonable on the log chart. Of course I don't think this is realistic but just a thought since we love talking about that log chart. |
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Gentlemen, how does it feel to see your BTC double their price in just a few weeks?
Hope you are all holding, if $266 is broken next stop is beyond four digits.
Choo choo, motherfuckers!
If it goes to $1000 will the bid depth fill in? Or will keep the pattern its in now and a 10k dump will take us from $1000 to $180? |
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The Chinese speculators collectively dump 100k. It turns to a full on market panic where 500k are dumped.
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Anyone notice the rally stopped in China? I realize it's early for them, but today they barely rose a few bucks.
Look again. China chart is just starting to break out. |
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The boat is gone but the ship is coming, time for late adopters to bloom when this gets mainstream.
Your itenerary: -Take boat, Deboard at harbor to train station -Take train, Exit at train stop at space station -Board rocket (boat) ]hardor =====<[train][tracks]>===== ((space station)) %%%%%[rocket===> O moon |
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Maybe every who was bidding panic bought to move the coins to btcchina and dump there.
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An observation:
Last March/April, during the media coverage, my friends and family were interested in hearing about bitcoin, but not a single one took the next step and purchased any.
But now, upon hearing about the recent run-up, three people in my network are making small purchases. They are starting to believe there's really something to it.
So, its a bubble? What would make you think that? When people start buying in to something because the price is going up, to me.. that sounds like a bubble scenario. I think people are seeing the value of their fiat going down. I think they are just trying to get rid of that soon to worthless fiat and see BTC as safe. That seems pretty crazy and unlikely to me, considering BTC's volatility and specifically, the bubble and subsequent pop 6 months ago. I also don't think the average person views their fiat as "soon to be worthless". That's a bit extreme. The average person loves their fiat, has a high degree of confidence in 'cold hard cash' as a safe haven, and thinks that anything else is probably a scam. When you tell someone about btc it's like initiating them out of the matrix. |
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An observation:
Last March/April, during the media coverage, my friends and family were interested in hearing about bitcoin, but not a single one took the next step and purchased any.
But now, upon hearing about the recent run-up, three people in my network are making small purchases. They are starting to believe there's really something to it.
I was telling someone to buy btc just a few days ago when it was 150. She was interested and asked me to talk to her about it again later. Now suddenly btc is 210. I don't know what to tell her next I see her now  . "It's gone up 50% in 2 weeks but you should still buy"? I don't know if this is a safe entry point anymore and I don't want her hating me if we dip to 160-. |
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You understand that 10,000% means that for every 1 bitcoin you started out with in the beginning of that two week period, you ended up with the equivalent of 100 BTC (USD equiv)?
I doubt that you did this and I doubt it was possible.
Read again. I only said I made 1,000%, and that it might have been possible for someone else (superman) to make 10,000% |
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I made almost 1000% during the two weeks of the April crash alone. A better trader probably could have made 10,000%.
I'm curious, please elaborate: how could one have traded two weeks within April to gain 10,000 %?  By trading very short-term waves very skillfully. I leave you with this:  And this: http://www.youtube.com/watch?v=onMq0NHEEpoOf course for the 10,000% it would probably have to be a small player starting with 20btc or less to have enough liquidity to make all of the trades. |
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expect single digits crash, then bounce, then negative values
so yes you will have to pay when you want to -sell- your BTC
buy in with all you have when it goes positive again and wait
it's much funnier without irony tags
So when it goes negative, I can get paid to buy? |
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Bit of a Dilemma. Obviously I'm a pretty shit trader - but checking my trading sheet, if I had simply bought BTC at the time I moved money into Stamp since May - I would have bought at 101 - 120 and 125 and right now I would have nearly double the coins that I do having traded for 5 months! 5 months of stress just to break even  So having just gone back in at $190 - what to do? Panic and sell when it crashes to 150? seriously though....I lost 5 btc day trading and decided never to do it again. Long is the way forward. I think the trick is to do it during the huge flash crash and after a bear market begins. Trying to do it during this exponential rise I have found to be futile. The only problem is trying to know when the crash will be... |
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It depends. We're at the mercy of the whales really.
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It took... 30 to 45 hours, lol
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The stampede of buying continues on stamp now without help from 1300+ btcchina this time.
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