well it is still early  the next dump will be even harder it will bring us lower than 600, I am still not buying it ... +1 again |
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we may re-bounce back a bit higher, more bids will gather up and another dump will follow, this will keep happening until we come around 550, than we will see what will happen.
+1 |
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btw i sold 30 BTC more, now i have sold 90 BTC at avg with fees at $783.5
Well to be fair with you I think you are doing the right thing. Sry for being a bit harsh np, we will see, im happy buying back at loss as always  well if you wait enough you wont be making any loss, it will be stable for some time here than it will drop again, either ways I am happy that I sold out half of my coins, I am not worried at all, I could buy back now with profit but I think we are still away from the low... Yes but the low of the week or this hour? :-) China is already back up to 4720. So the news wasn't so terrible- yet. China is only up 100 rmb of the low and it's not a convincing low. |
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btw i sold 30 BTC more, now i have sold 90 BTC at avg with fees at $783.5
Well to be fair with you I think you are doing the right thing. Sry for being a bit harsh |
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sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens
You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks. i said we were oversold not very oversold, there's a clear difference Fair enough. RSI is not even close to oversold yet fyi. depends on a timeframe Well, also true. Talking about daily. |
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Technically all exchanges look pretty darn bad, especially China. I think it's far from over.
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sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens
You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks. i said we were oversold not very oversold, there's a clear difference Fair enough. RSI is not even close to oversold yet fyi. |
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sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens
You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks. |
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I think we might visit 650 today, even if this turn out to be only FUD, it may make some early adopters think about collecting some profits, I am starting to think about cashing half of my bitcoins out, better something than nothing....
so you think we're maybe going to 650 and that's the reason to sell 50%? so you're selling 50% because you could have 825/660 = 20% of win in best case scenario? meaning 10% more to your coins and with how big risks? big support is at 800 and market is oversold at the moment, just a good spot to give your coins to the whales who started this dip well I bought my coins between $10-130 so yes I am willing to take that risk, I already sold, if the price gonna crash more I will have the chance to get more coins, and if the price will skyrocket it wont be that disappointing. that been said, I didn't sell at 1200+ I didn't sell at 1000 and I didn't sell at 900, but watching the price dropping slowly makes me think it is good to take some profit now than regret it later . i bought before $20 but that doesnt mean anything, that was past, ahead is the future, in this case the risk is way bigger than the possible gain so im sry for your likely loss loss !!! I cashed only half of my coins, and guess what my buy average is around $70, I still made 10 more than I paid, still think it is a loss ? now I dont care which way the price is heading because it is a win win situation for me likely scenario is that price goes up from here at least a little and that means you're losing with 50% of your stash, its an error to think when you bought, its an error to sell at oversold market Lol you don't seem to know what you are talking about. This market is hardly oversold. |
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Why would the western whales dump?
I say FUCK CHINA. We know btc in Communist countries is a big NO NO. Lets move to India ..... where btc will shine for all the good reasons.
If btc stays in China, its just gonna be speculative trading vehicle.... where they will cause volatility.
At this stage, we dont want volatility.... we need market adoption to utilize BTC technology.
Sure, markets just have to come down first since China was the reason we saw these new highs. |
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What are you guys smoking? If this is true it's absolutely awful. Where were we before China came in? $150?
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If/when we breach this massive support on Gox and Stamp there will be a huge fall.
Discuss
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How are we supposed to crash with all these buyers, damnit.
Those buyers won't be available to provide support at lower price levels. Let the suckers buy high now, that's good for the bears. There will be a lot more buyers in lower levels. Your argument doesn't have any logic whatsoever... Nobody thinks that bitcoin is dying. Everybody wants just to buy cheap coins to get as good seat from the train as possible. This all will change to panic buying after Loaded or some other big whale uses his USD plasma cannons. No worries rpeila will easily take him out with his energy shields and then real action with light sabers begins. |
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I predict we break down trhough support soon on high volume and then fall rather quickly.
Discuss
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Make or break time in china. Under 5k and we are in a bear market for sure
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Sometimes, repetition is the key to being funny. Mostly it's just boring.
Edit: What the, that was directed at fr33d0m1z3r or however he spells his nick - their post is gone, though. Is this thread being moderated after all?
Must have deleted it himself. I don't delete posts in this thread, except maybe malicious stuff. 2011, #bitcoin, those were fun times.
Bitcoin is definitely the most addictive MMO to date. Reptilia is probably having one of his mania phases again. Hope it doesn't last too long. Agreed about rpietila. He deleted like 8 posts of mine in his "OP moderated" threads in the Economics subforum. I just respectfully proved that his "RMB/USD" arbitrage is BS and instead of disputing that proof he went berserk and deleted all my posts. Bad sign. I hope his doctors are not watching. yeah, he is in manic phase, and delusional. he spoke yesterday about bitcoin going to 400. I have a feeling that he is the one who is throwing all those cheap coins away right now. just watch those stacks of coins being eaten at bitstamp. I bet that he will show here later just to talk about his "magic". I for one think he's extremely smart and knows what he's doing. Saying $400 is a possibility after the run up from $150 is far from delusional. As a matter of fact you people who think it's close to impossible seem delusional to me. Reminds me of how the gold bulls were acting in 2012. "Bubble isn't broken. Were going to the moon" despite a bull market of 12 years and pretty clear technical signals that gold had entered a bear market. Edit: as a matter of fact pull up a chart of gold for the last 3 years and see if you think it resembles bitcoins last month or so. I sure see similarities. |
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Thanks, that's what I was afraid of. Seems like a perfect system. It would really suit my needs.
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I'm definitely not a developer. Just a guy with average computer skills.
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I'm very interseted in tis subscription service but i don't get how I subscribe and is the price still 1btc/month? Seems to expensive given the run up in price.
Also what's with all the one words in red n this thread?
Thanks.
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I've heard that bip38 is a secure system since it's hard to brute force. I'd like to have a password connected to my paper wallet so that i have an added security measure in case of a random incident were someone came over my paper wallet. Looking into bip38 it seems like there are very few wallets or programs that support it as of yet. For example armory and Gox don't.
My question is if it's still worth using and is there any chance it will be hard to impossible for me to decrypt my wallet in a few years if bip38 died out?
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