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Author Topic: Time to buy?  (Read 1463 times)
SAQ (OP)
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May 03, 2013, 04:21:50 PM
 #1

It seems that too much has been sold and some guy needs around 2 million dollars worth of bitcoins to buy that penthouse. Silk Road is sort of up. The selling seems to have eased.

I think it is time to buy. Do you?
Crazy
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May 03, 2013, 04:23:02 PM
 #2

Yes if you feel like paying a $40 or $50 premium on your coins.

Elon Krusky
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May 03, 2013, 04:23:30 PM
 #3

i think the weekend will show lower numbers. Might wanna wait till sunday night
dbanga85
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May 03, 2013, 04:26:03 PM
 #4

the price dropped because it was one group/person that kept dumping and buying coins backs... Is he done? Who knows... Everyone is holding from the looks of it

Buy Low Sell HIGH is the Motto...
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May 03, 2013, 04:29:00 PM
 #5

I don't know; of course. But I am loading up with dollars just in case.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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May 03, 2013, 04:32:40 PM
 #6

Time to buy?
Time to buy!

uMMcQxCWELNzkt
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May 03, 2013, 04:35:27 PM
 #7

I have already bought some however I still have reserves just in case we go down further.
adamstgBit
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May 03, 2013, 04:38:08 PM
 #8

I have already bought some however I still have reserves just in case we go down further.

thats how its done.

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May 03, 2013, 04:39:01 PM
 #9

if you want to lose its time to buy
seleme
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May 03, 2013, 04:40:27 PM
 #10

Not for me, I'll buy at least 20-30% cheaper than this or withdraw my fiat and end the game. This shit is taking my life away from me, I'm not ready to stare at screens for whole days much longer.

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NamelessOne
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May 03, 2013, 04:42:31 PM
 #11

Not for me, I'll buy at least 20-30% cheaper than this or withdraw my fiat and end the game. This shit is taking my life away from me, I'm not ready to stare at screens for whole days much longer.
That has been my life for the last two years. It has made me a very enjoyable amount of money, but it IS insanity inducing at times.
UltimateReaper
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May 03, 2013, 04:43:04 PM
 #12

I'm going to try my hand at day trading. Just want a little bit at a time. But yes, it does really seem like we're on a downward trend.
seleme
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May 03, 2013, 04:45:13 PM
 #13

Not for me, I'll buy at least 20-30% cheaper than this or withdraw my fiat and end the game. This shit is taking my life away from me, I'm not ready to stare at screens for whole days much longer.
That has been my life for the last two years. It has made me a very enjoyable amount of money, but it IS insanity inducing at times.

Yeah, I could probably continue it for some time if I'd be making lot of money. I more than doubled my investment, was as high as 4x more though but it's small investment (and I'm not ready to invest more) so it's not really a big reward for such stressful work.

Next few days I'll definitely consider my future about this. At this point of state of my mind, only some very good trading in next week could make me continue. If I continue to bounce at this level, I'm out and will invest only if some huge, huge crash happens that would make coins very cheap.

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    ██████████████████████▀
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.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
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██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
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█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000      
PROVABLY FAIR
GAMES
   $500,000  
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
SlipperySlope
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May 03, 2013, 04:46:06 PM
 #14

My bid orders at Mt.Gox got filled at $95, $87 and $80. I have more outstanding at even lower prices. Yes I would buy here and have done so. I expect that when this capitulation is over, prices will retrace to maybe $120 - and then time to sell.
zeroday
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May 03, 2013, 04:49:02 PM
 #15

IMHO any price under $120 is good to buy.
Yesterday I've made series of bids in range between $95 and $50. All of them down to $79 are already fulfilled. And I suppose $79 was the lowest point.
UltimateReaper
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May 03, 2013, 04:49:45 PM
 #16

My bid orders at Mt.Gox got filled at $95, $87 and $80. I have more outstanding at even lower prices. Yes I would buy here and have done so. I expect that when this capitulation is over, prices will retrace to maybe $120 - and then time to sell.

I hope so actually. Going more or less straight downward is kind of depressing.
Bjork
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May 03, 2013, 05:11:47 PM
 #17

I think we will see lower prices... I'm holding fiat and waiting to get back in, but I'm in no rush.  I don't think $79 is the bottom.

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May 03, 2013, 06:04:02 PM
 #18

I bought between 115 and 92, and am reserving some USD with a hope of a lower price this weekend.
piramida
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May 03, 2013, 06:36:25 PM
 #19


That has been my life for the last two years. It has made me a very enjoyable amount of money, but it IS insanity inducing at times.

I check the price like once per week. If something radical changes, like now, go and adjust your orders, then forget about it for another week. That's how it's done. Staring at the moving price will only make you lose in the end, because you will start trading on emotions. Only newbies do that.

i am satoshi
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May 03, 2013, 06:38:19 PM
 #20

Not for me, I'll buy at least 20-30% cheaper than this or withdraw my fiat and end the game. This shit is taking my life away from me, I'm not ready to stare at screens for whole days much longer.
That has been my life for the last two years. It has made me a very enjoyable amount of money, but it IS insanity inducing at times.

Insanity? On what time spread do you base your moves?
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