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1044
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Economy / Speculation / Re: Goomboo's Journal
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on: February 17, 2012, 03:50:45 PM
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I am finding that this "system" is much better at choosing entry points than exit points. Anyone else come to a similar conclusion? Any ideas for a good exit indicator?
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1046
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Economy / Speculation / Re: The fact that bitcoins are $4.25 US is amazing.
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on: February 17, 2012, 12:13:42 AM
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Actual question: How many other open source projects "have" $35 million?
Just off the top of my head... Linux, Android, Firefox, redhat, MySQL, Apache, Open Office, probably dozens or even hundreds more... I wonder what price Bitcoin will be when it has the market penetration that any of those listed already have... |
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1049
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Economy / Speculation / Re: I'm calling a bottom too
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on: February 16, 2012, 11:58:24 PM
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I've got my bitcoins. Let's go.
Weekend, trading back in the mid 5s: "Everything went better than expected."  Mid 5's = Everything went better than expected??? I'd say over 7 = Everything went better than expected! |
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1050
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Economy / Speculation / Re: Investor Cycles & Emotions
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on: February 16, 2012, 07:05:35 PM
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This chart is meaningless if the underlying asset that you're speculating on is an inherently poor investment vehicle, cough bitcoin cough...
? The chart does not describe the asset. The chart describes the group of people. |
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1053
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Bitcoin / Mining speculation / Re: The end is nigh
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on: February 16, 2012, 12:40:00 PM
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lol, i'll keep mining, they'll come back up
I regretted shutting my miners off during the last "crash". Ill be keeping mine on too. |
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1055
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Economy / Speculation / Re: steady selling pressure, should be at $3.00 very soon
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on: February 14, 2012, 10:11:22 PM
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We going to be going down pretty low. (...) Remember, bitcoins were almost at $1 just a month or so ago. ಠ_ಠYea well Ive been saying for a while now that @ $5+ is way over-valued. I suspect that eventually its value will drop to $2 or so (maybe less in the long term) but there will be a LOT of ups & downs in price (and profit to be made) before we get to that level. Oldminer avatar: Want to end the fed? Bitcoin Oldminer posts: $5 is way over-valued ... Go troll elsewhere Aww..mummy throw out your bottle did she? Oldminer's thoughts: I know, I wont respond to my hypocritical behavior I'll just troll more. Brilliant! ... My mommy breast fed me because she loves me. Sorry to hear about your's. |
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1056
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Economy / Speculation / Re: steady selling pressure, should be at $3.00 very soon
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on: February 14, 2012, 10:00:13 PM
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We going to be going down pretty low. (...) Remember, bitcoins were almost at $1 just a month or so ago. ಠ_ಠYea well Ive been saying for a while now that @ $5+ is way over-valued. I suspect that eventually its value will drop to $2 or so (maybe less in the long term) but there will be a LOT of ups & downs in price (and profit to be made) before we get to that level. Oldminer avatar: Want to end the fed? Bitcoin Oldminer posts: $5 is way over-valued ... Go troll elsewhere |
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1058
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Economy / Speculation / Re: Its called a correction
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on: February 14, 2012, 06:56:17 PM
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updated potential subscriber list:
teflone
wobber
Mushoz
notme
thomkaufmann
at the moment I am thinking about daily updates for 2.5 bitcoins/month...anybody else interested?
interested |
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1059
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Economy / Speculation / Re: Starting to sense pessimism...
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on: February 14, 2012, 01:39:56 PM
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Patience is the key. Bitcoinica orders are all filling in nicely. I sense a distinct speculation forum mood change... I wonder how far down we'll go... I wonder if I have orders low enough  Is there any reading material related to this cycle? How often do markets break this cycle? |
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