I have no idea what to do. I want to go to bed, but not sure if i should cash into btc now or stay in fiat.
me I have 28 coin..so gonna stick it out for those of you with a lot more...no idea...just saying In case of doubt, hold unless you need the fiat. |
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I don't make trading decisions based on news )) Never, ever. News follow waves, not visa versa.
If you scroll back topic you will see first warning from me was previous higher high overlap from China on 01 Dec. Sold there about 70%. Second confirmation I got when price hit negative BB zone on China 05 Dec. This is outstanding. Sold all other coins on rebounce. Then hourly sma200 was failed on retest from bottom. This insured me completely. And I wrote about bubble end.
No mystery here. TA and observance.
Can you share why do you think the bear market will last till 2016-2017? For the record: I think you are terribly wrong with that. Bear markets have been shorter and shorter - and so have been the run ups. Bubbles are getting shorter and more contained, both in the way up and in the way down. They are also getting closer in time. |
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You have to give it to Luc, he called the top almost perfectly again. Although he got some help from China, without their central bank's interference I think the bull market had some more fuel left. Oh well, it's been a while since we had a decent bear market, let's see how wild this one is. My bet is on $370 in January, and $700 within the next couple of days. Not going to trade this though, I can't handle the stress of missing my precious coins.  I will send in some fresh fiat to try and catch the bottom again.  Help or not help from China, he sold after he spotted the double top - and sold once again at the very top of a bubble. He doesn't have to write "I made a lot of profit trading this or that, we the pros are making money, etc.." as others do. He just writes "I'm buying" and "I'm selling" and everybody can see by themselves that he is actually making very good choices and thus making money. He definitely is. His "end of 3 years bullish market" is bullshit though but he is getting followers and such bold claims can help him a bit to move markets where he wants. Agreed on that being BS, there's no reason for that to happen. |
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You have to give it to Luc, he called the top almost perfectly again. Although he got some help from China, without their central bank's interference I think the bull market had some more fuel left. Oh well, it's been a while since we had a decent bear market, let's see how wild this one is. My bet is on $370 in January, and $700 within the next couple of days. Not going to trade this though, I can't handle the stress of missing my precious coins. I will send in some fresh fiat to try and catch the bottom again. Help or not help from China, he sold after he spotted the double top - and sold once again at the very top of a bubble. He doesn't have to write "I made a lot of profit trading this or that, we the pros are making money, etc.." as others do. He just writes "I'm buying" and "I'm selling" and everybody can see by themselves that he is actually making very good choices and thus making money. |
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Well, if you're not interested in BTC and think it's failure I really don't see a point. I don't go on places I'm not interested in.
I never said I wasn't interested, it just seems that when someone comes up with a very valid argument that one of you bulls can not counter, they are either ignored or shunned. Bitcoin is very interesting from an Anthropological standpoint. I can guarantee you that for all of us who bought in at low double digits or single digits it's very interesting from many other standpoints. Sorry you missed the train and now you feel butthurt, bro. |
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Does anyone else not even concerned, or is it just me? I'm enjoying just watching the chaos on the charts. Haven't sold a single BTC.
When you are content with your position in BTC it must be fantastic to sit and watch the show as entertainment and not emotional nerve wracking. Bingo. It also helps to invest what you can afford to lose. |
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That wall on Bitstamp is aggressive!
Should have gone to bed 3 hours ago, but it's too fun to watch
I now have more bitcoins than when sell-off started, but I have less $-denominated. Tell me I didn't loose.. :/
You didn't. |
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1200 coins about to be dumped on stamp in 3, 2....
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 i'm actually LMAO fuck i should have BOUGHT at 900 3 hours later fuck i should have BOUGHT at 800 3 hours later should I BUY at 700  naaaaa Reminds me of ME on the way up! That explains everything. Be happy, cheap coins on its way for you, just try to cost average, just buy more the lower it goes, that worked wonders for everybody in BTC so far  |
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Lol at the guy with a 1200 BTC ask wall at $756 on stamp I bet he will panic and dump in about ten minutes |
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I am not going to put an order in above USD 200...
Lower than the previous ATH? Yeah, that has happened before.  Yep, in his dreams. |
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I am not going to put an order in above USD 200...
Good luck. I hope you already have a bunch of them at least |
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How many times does Bitstamp need to bounce from 0.800 before people realize it's the new floor? Every bounce (3 so far) adds to the strength of the support, and it is already in the Titanium level, comparable to molecular's left nut. Buying at 0.800 is better EV than buying at 1.000. From 1 it can go either way, but from 0.800 it always goes up, and the 10% probability not included in "always" is only that it will dip to 0.6 for a few hours. Nothing to be scared of. Bad Mojo. This just means we will be below $800 very soon. Please Risto turn bear again. A bit of bearishness from your side could help us, Risto! Seriously: the market is very thin. We can go well below $600 with just a few sell offs, in fact I hope to visit $400. In any case the fundamentals are stronger than ever, and the level of awareness is very high. Bitcoin won't be trading below $1000 for long. If we enter a bear market, it will be shorter than ever before, |
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OK, so you are just desperately trying to talk the price down to be able to catch the BTC train as low as possible.... And probably when you finally buy in you will try to talk the price up in a similar fashion - with shallow retardness.
If you are so sure everything is so bearish why don't you short? Plus500 offers you 1:5 leverage, go ahead, you will make a truck full of money. No? Then you just want cheap coins, as everyone else, but you want them harder because you are full fiat and kinda butthurt cause u missed the run up from $0.05 to $1242.
Just remember to invest only what you can afford to lose.
My first call was $2300, but I guess its an out-of-my-ass kind of figure. It really depends on how it behaves. Its clear to me that the fastest it grows (going double exponential, then parabolic) the sooner it crashes. So guessing a top at this stage is sheer luck, everything depends on price action.
So, it's ok for you to pull figures out your ass and talk the price up? but as soon as some one does the opposite their a retard? Why don't I short? Because I view shorting as gambling and I'm not gambling with my savings. Ok so I want cheap coins, why don't you try and find someone else on the forum who doesn't want cheap coins? I've read most of your posts during the run up, your a typical bull, you have so much shit to say when the price is going up, but now we're looking at it going down your just negative, you don't know what to say actually, your just mumbling. Maybe take a break dude, get away from the computer clear your mind. I don't see how the comment you quoted is "talking the price up". And btw, I don't need to talk the price up because it already went up by +60x in less than or year Plus, I strongly believe that nobody is able to manipulate the price by posting in here, believing otherwise = delusions of grandeur. BTC's infrastructure is fragile and the asset itself is extremely volatile. The market depth is still a joke. Just a big sell off turns a bull market into a bear market, and the opposite its also true. If you enjoy the cheap coins like everybody else you can cheer them, but by trying to spread retarded FUD you are just making a fool of yourself. BTC is a gamble in itself, and a big one - does "experimental software still in beta" ring a bell? The moment it's not a gamble any more, probably is the right moment to sell a big part of your stash. |
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Come on guys, sell. My bid at $400 is waiting for your coins.
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Breaking news: Officials arrest BTCChina founder Bobby Lee!.... not yet I love these times. I knew it was FUD right away, because in China, you don't get arrested. You disappear. You are pushing hard to get the "retard of the year prize" Why don't you put your money where your mouth is? Are you shorting? For the record: I'm not selling a single coin yet. Fresh fiat waiting at $400, but it might be wishful thinking. 2013 is no 2011. lol wtf? retard of the year, money where my mouth is? you get out of the wrong side of the bed? My fiat landed late November, I've ignored this whole run up to 1200+ waiting for the come down on the other side, I'm five figures in fiat watching the price go to the moon and back with the constitution of a lion. Also, I'm not here to prove anything to you. I'm here to invest my limited savings with the highest returns I can, for the benefit of me and my wives future. If you wanna put shit where your mouth is, go find someone else. OK, so you are just desperately trying to talk the price down to be able to catch the BTC train as low as possible.... And probably when you finally buy in you will try to talk the price up in a similar fashion - with shallow retardness. If you are so sure everything is so bearish why don't you short? Plus500 offers you 1:5 leverage, go ahead, you will make a truck full of money. No? Then you just want cheap coins, as everyone else, but you want them harder because you are full fiat and kinda butthurt cause u missed the run up from $0.05 to $1242. Just remember to invest only what you can afford to lose. |
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Moral of the story that Germany learns was: Inflation causes Hitlers. It's why Germany, and the European Central Bank, are so extremely resistant to inflation, and are willing to let countries collapse or do forced seisures, than inflate the Euro.
Congrats, the bolded part is the most shallow oversimplification I've ever read in this forum. FYI: Germany just had a period of huge inflation (because of over-liquidity) at the beginning of the '90s because of the reunification and the assimilation at a fixed rate of the DDR Ostmark. And BTW: Weimars hyperinflation has nothing to do with the the current bundesbank/ecb policy, that's just a stupid and unfounded meme - on the contrary the German experience during the reunification has everything to do with it - current German policies where in fact implemented during and shortly after that reunification. |
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Breaking news: Officials arrest BTCChina founder Bobby Lee!.... not yet I love these times. I knew it was FUD right away, because in China, you don't get arrested. You disappear. You are pushing hard to get the "retard of the year prize" Why don't you put your money where your mouth is? Are you shorting? For the record: I'm not selling a single coin yet. Fresh fiat waiting at $400, but it might be wishful thinking. 2013 is no 2011. |
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so 850 is the new floor imo.
We saw total panic tonight and yet once we approached 850 buyers started perking up.
LOL approached 850? Don't you mean after we got spat out of a gox failsafe loop for an hour which blocked any trading below $829? It's worth noting ever other exchange sat frozen for half an hour waiting for gox to take the lead again before making any moves back up. poeple were trading........ It completely killed the momentum of the dip, who knows where gox would have stopped, it was certainly headed for 700. but the deeper it falls the harder its bounces back. stop thinking of what could have been. How many times does Bitstamp need to bounce from 0.800 before people realize it's the new floor? Every bounce (3 so far) adds to the strength of the support, and it is already in the Titanium level, comparable to molecular's left nut. Buying at 0.800 is better EV than buying at 1.000. From 1 it can go either way, but from 0.800 it always goes up, and the 10% probability not included in "always" is only that it will dip to 0.6 for a few hours. Nothing to be scared of. Bad Mojo. This just means we will be below $800 very soon. Please Risto turn bear again. |
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