Virtual losses. Don't panic sell and you'll have a chance to recover your then non existing losses  . Maybe I'm wrong but BTC is too big to fall this early. Nobody is saying it will fall to $0 but if it goes double digits that still is a lot of money to be made shorting this monster! Ask me about 20% per day everyday MIN  This dump to $100 will be the great start to the 2015 pump that will occur 
|
|
|
I have been saying Litecoin is dead since it hit $10... It really shouldn't be more than pennies! No buyers and way too much supply Hopefully you guys have been shorting it down since I made this post, I am sure some people listened and made good money... for others, It isn't too late!! Short it to pennies where it belongs! Everyone is selling this for Bitcoin anyway. If we all don't come together to buy bitcoin and not bullshit alt coins then none of these coins will exist soon 
|
|
|
Geez, good thing I sold short right before the exchange went down... seems like the downtrend will continue but how the hell are they doing it when Bitfinex.com is down??
|
|
|
Oh wait I can't sell lol I mean HOLD USD
|
|
|
I would like to sell @ 279.11
|
|
|
Everyone will probably remove their coins... I know I will be shutting my account down & if most people do that, I could easily see them running into a mt. gox scenario where they really don't have enough funds to recover, and they must shut down 
|
|
|
Below 300 isn't possible guys c'mon now!
|
|
|
^ The dumps aren't causing a huge drop in price... we are very close to finding a near term bottom here  Yep. And hunkerin' down there for a while. Would feel bad for leveraged longs just about now, but my heart's two sizes too small  I am fully leveraged long! Planning to buy a huge amount at 300 if we ever hit (which we probably won't!)
|
|
|
No body is talking about $1K coins... The pump has already started, hopefully you guys picked up more when it hit that 305~ area The 2015 pump will have a very nice run, I'm not saying it's going to $1,000 this soon but to say its going to $200 is a joke. The pump will happen, get in now while you can! 
|
|
|
Actually this is the first year I made a bull call in the beginning of the year... just because I know what the US government has in store for us, it's exciting! I told everyone to sell in 2014 after the pop, no one listened and kept buying, I been telling people to short every pop even the bullshit small paypal & MSFT pops This is the last warning! It's literally the last day I can speak on this 
|
|
|
There's simply too many people who will buy at ~250-280, don't expect a lower drop than that. If somehow we go below, don't expect it to last long and grab your cheap coins.
I think one factor that effects that is how fast the drop happens. I remmeber, when the price was around 450, then people used to say if it would go to 300, then they would buy 50K worth of bitcoins. But the drop was happening really fast, and a lot of them didn't. However the high 200 , and the low 300 does look like a stable bottom for now. Point is as the price gets lower it takes less people to literally buy the entire "sell-able" supply... remember not everyone is selling and not everyone has their coins on exchanges or online at all for that matter. At $200 per coin, I can literally buy all the bitcoins for sale with no issues... Other people who aren't broke (Less than $200K income per year) can join in on the buying and that's what is happening now and preventing BTC from breaking $300. Now the 2015 pump is on the way so good luck to all! 
|
|
|
Facts are we are really close to a bottom... I mean c'mon at $200 even I can afford to buy all the coins that are for sale... This is what is already happening & a lot of people refuse to sell around this 300 - 400 $ level so more and more coins are getting bought up everyday. Here on Broad St. in NYC I have never seen so many new comers buying their first BTC! 2015 should be an amazing year!
|
|
|
This is your final warning for the 2015 pump that is about to occur... I can no longer speak on this past 1/1/2015 Please understand BTC has been bought by many top investors all year as it has been getting crushed (Lost over 70% of it's value in 2014) 2015 is about to start and like all previous years BTC will be pumped up to it's highest level of 2015 then profits will be taken the rest of the year... This happens in every controlled market....... Bitcoin is now under full control. This is your last warning to buy before the 2015 pump, enjoy the new year! 
|
|
|
LMFAO this is just a s-1/A they still don't have all their information straight... you guys were talking like this filing was almost done when they didn't even pay a registration fee or list the amount of shares set to release... 201million shares?! Sounds like a few sathoshi per share LMFAO! Whoever buys this ETF is going to get tossed!
|
|
|
^ The dumps aren't causing a huge drop in price... we are very close to finding a near term bottom here 
|
|
|
Hi fewcoins,
You said that you (and your team) went long with full leverage between 340 and 316. Just wanted to ask at what price you will be margin called? Are you starting to get nervous?
We will get margin called at $220ish~ We are not worried, we cashed out a bunch, but are rebuying at these levels because sub 300 won't be sustainable. We know this can't happen right now, we will be picking up more coins at 303 in anticipation for the 2015 pop 
|
|
|
^ This would never happen since there are already 100s of thousands of people who said they will never sell... They will keep trying to buy the entire way down so logically we really can't break this triple digit level EVER 
|
|
|
After this nice pop & return to the same sub 320 level... I am BUYING 
|
|
|
Hmmm we can't break 300 even with all the repeated dumps again and again... Seems like the best time to buy, especially with this lovely 300-400 range we have had for over 3 months!
|
|
|
|