weekends are for selling. although it doesn't happen every weekend if btc is high on a friday then a lot of people will sell over the weekend and the price will fall. That's natural.
I think there's a small chance of hitting under 300 at one of the exchanges tomorrow but it won't last long as bitcoin under 300 is a bargain
The price has been above $300 for only 3 days, ever. The last three days and you consider it a bargain. LOL, WTF  Is that you rpietila ? If we crash all the way down to our previous ath of 266 I'll still consider anything under 300 a bargain. I said post april crash that anything under 200 was a bargain. But you're the expert. Lap it it. Shall we have a bet? gox to go below 300 tomorrow? I don't think it will I'll 1-up this. If a single Bitcoin trade on gox even touches its previous all time high $266, any time this entire week, I'll double your bet. Appreciate it but I doubt the chattering classes will actually put their money where their mouth is Well samson did put the money where his mouth is at least. He sold everything at $120, then regretted and bought back at a loss somewhere towards 200, then he sold it all again around $200. Now he is all in fiat and not buying back before it crashes below that. Personally I'd say below $200 is pretty long shot at this point, but this is bitcoin, anything could happen. lol what kind of dumb trader is this? LOL sucker That's pure speculation - nobody knows what prices I bought back in at and when I sold, how many times I repeated it and how much profit I made on my trades apart from me. Also Nemesis - I remember your antics in the past as you posted them in this forum. From what I remember Nemesis was bragging about buying his own walls last time around and calling everyone a sucker for beliving the volume as real. I suspect there's a lot of this going on as it's relatively cheap to take out a 1000+ BTC wall which you own - just the fees. Are you pumping and dumping again right now ? Well I can only base it on what you have written here obviously, but unless you once again changed your mind and bought back in at a loss ( sold it all near $200 and won't buy again before the crash after ATH) you would be down almost 50% of your BTC portfolio, at this point. That's assuming you were able to trade yourself back up after selling it all at $120. If you managed to do so then all power to you. It just doesn't seem like your strategy has been very successful from what you have been posting here, feel free to prove me wrong or don't give a fuck. |
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weekends are for selling. although it doesn't happen every weekend if btc is high on a friday then a lot of people will sell over the weekend and the price will fall. That's natural.
I think there's a small chance of hitting under 300 at one of the exchanges tomorrow but it won't last long as bitcoin under 300 is a bargain
The price has been above $300 for only 3 days, ever. The last three days and you consider it a bargain. LOL, WTF Is that you rpietila ? If we crash all the way down to our previous ath of 266 I'll still consider anything under 300 a bargain. I said post april crash that anything under 200 was a bargain. But you're the expert. Lap it it. Shall we have a bet? gox to go below 300 tomorrow? I don't think it will I'll 1-up this. If a single Bitcoin trade on gox even touches its previous all time high $266, any time this entire week, I'll double your bet. Appreciate it but I doubt the chattering classes will actually put their money where their mouth is Well samson did put the money where his mouth is at least. He sold everything at $120, then regretted and bought back at a loss somewhere towards 200, then he sold it all again around $200. Now he is all in fiat and not buying back before it crashes below that. Personally I'd say below $200 is pretty long shot at this point, but this is bitcoin, anything could happen. |
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Bitcoinity right now:  |
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fuck sleep, gonna dawn in a hour anyway. time for a coffee!
Now you know my week... +1  |
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This is insane... I'll have to start selling a few in the 400 range.
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When you have sold all your coins and are ready for a free fall:  |
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How many people plan on buying more Bitcoin with fresh money next week when the banks open again assuming the price stays above $300 ?
I have a feeeling that this is a time when how much you make all depends on how greedy you are.
The most greedy won't necessarily be the ones who end up with the most.
How well has your strategy of 100% fiat, 0% btc worked out so far? I have not bought bitcoin since low double digits (with exception of a few trades), but there are plenty of new people discovering bitcoin, such as CHINA, big investors through second market etc. It's new blood driving prices up. All this time I have held on to my bitcoins. You were 100% out at $120 and presumably had to buy back in later. Now you have been out again since about $200 and will not buy again until the price crashes below that. How is this strategy working for you? Not to gloat over your losses, but you may have forgotten that bitcoin isn't just another stock, but a disruptive technology that will change the world forever. I'm not necessarily saying buy back now and hold forever, but if you keep up this bearish attitude you may be up for a rude awakening. The crash you're looking for may very well never come, and once again you'll have to buy in with massive losses. Perhaps it is you that the greed has gotten the best of, double digits is a closed chapter imo. |
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Jesus, I'm still listening to this song. |
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Just curious Blitz, since you said there would be no more triple digits in 2013. Did you follow your own advice?
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"I made better investment than bitcoin" - Said no one, EVER. |
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Hi guys. I've been trying to avoid the spec forum, but I decided to break down and jump back in to say "hi". I'm pretty optimistic about bitcoin, but this move is surprising.
We missed you  |
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5:56 pm Nov 7, 2013 | REGULATORY Judge Orders CoinLab to Pay Up…in Bitcoin
A well-known bitcoin company has been ordered by a judge to produce and deliver the virtual currency to a New York investment firm that accused it of reneging on their contractual agreement. Judge Robert W. Sweet of U.S. district court for the southern district of New York barred CoinLab Inc. from delivering the virtual currency to any other parties before it meets its obligation to Bitvestment LLC. The dispute underscores the frenzy surrounding bitcoin, a virtual currency that isn’t backed by a central bank. It is produced electronically using computers, and enthusiasts trade it on exchanges and privately. Some merchants are now accepting bitcoin as a method of payment. Bitvestment sued CoinLab last week for breach of contract, contending that the Bainbridge, Wash.-based company isn’t living up to its obligation to provide 8,000 bitcoin under an August arrangement between the two firms. One bitcoin was worth $295 Thursday afternoon on the volatile Tokyo-based Mt. Gox exchange on Thursday, giving the disputed 8,000 bitcoin a value of $2.36 million. The process of generating bicoin is known in the industry as “mining.” CoinLab Chief Executive Peter Vessenes has said that the lawsuit was a contributing factor in last week’s bankruptcy filing of CoinLab’s mining unit, which is called Alydian Inc. Mr. Vessenes is also chairman of the Bitcoin Foundation, a nonprofit trade group that promotes the virtual currency. Mr. Vessenes noted in an email on Thursday that CoinLab itself has no mining operations, but “of course we will comply (with the judge’s order) as well as we’re able.” It isn’t clear if Alydian is still generating bitcoin while it is under bankruptcy protection. He also said that CoinLab was pleased that the judge denied other requests from BitVestment, such as seeking certain financial data from officers of CoinLab and Alydian. “We continue to treat this as a simple contract dispute case, and feel confident on the merits of the case,” Mr. Vessenes said. Bryan Reyhani, a lawyer representing Bitvestment in the case, declined to comment on the judge’s ruling. http://blogs.wsj.com/moneybeat/2013/11/07/judge-orders-coinlab-to-pay-up-in-bitcoin/Thoughts? Good, the quicker we get rid off this vessens asshole the better. |
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anyone have roller coaster memes that are appropriate
Preferably with some bears riding around
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Somebody is trolling... [16:37:47] <chaang-noi> is it true mt gox ran out of both fiat and btc?
[16:38:01] <+SarahCoinBit> mtgox646: We are not having any type of funding issue. The coins are there in limbo
[16:38:20] <+SarahCoinBit> chaang-noi: We have not ran out of anything, nor is this a cold storage issue  Mark and Gox has a special place in my heart. Reporting me to the police for being a "terrorist" is something I will never forget. Why did they do that? what happened? |
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 choo choo |
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I'm happy to see so many small purchases chomping up the wall. Just went all in with the remaining fiat I had on gox, might as well switch it over to another exchange.
And you're getting your funds out exactly how? I'll just sell the coins on another exchange. Same amount of fiat (or maybe slightly more) just another exchange where I can actually cash out within a reasonable time. |
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I'm happy to see so many small purchases chomping up the wall. Just went all in with the remaining fiat I had on gox, might as well switch it over to another exchange.
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I do wonder, if it is a bad sign that someone parts from such an amount of BTC?
What if it's Mt Gox's BTC? just going to say this... maybe gox is trying to get enough fiat to send people.  |
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