Do not sell below $600

[MoreFun]

If you don't wanna be one of the slautherd piggs.

Below $600 the reward, risk and possibilities are not on your side.

[vitalemontea]

LOL wut

[Habeler876]

might have a ways to fall from there. shrug.

[jbord39]

Makes me so sad to join the slaughtered herds. 

But I did think China played a huge role in it's 200-1200 increase and expect it to drop to maybe 400 or so.  Might as well sell not and reinsert later.  I just sold 4 parts of my soul

[MoreFun]

Even if it goes to $400 or lower, not a lot of people will buy at the bottom (the ones who sold at the right time)

[pera]

did you bought at 600 op?

[MoreFun]

did you bought at 600 op?

No.

[mufa23]

not a lot of people will buy at the bottom

I will. I'm staying up for it to hit rock bottom. Already sold at ~$900, and hope to buy back at ~$300. Will make nearly triple my coin if I play it right. I'm in it for the long time (~20+ years).

There is only going to be 21 million coins. Better get as much as I possibly can, because they are only going to get more rare to mine.

[MoreFun]

You are right. But watch out, many traders lose, so many will lose this time also.

[pera]

You are right. But watch out, many traders lose, so many will lose this time also.

meh, this is just the begin (consider the "big picture": mid-term downtrend caused by bitcoin volatility), also every crash touch the bottom at least two times

[accord01]

no this is not the bottom... bottom is 400-450... it is just going through some resistance downwards... the 500s show resistance that's all.  But i'm afraid to short right now... even though i should.

[GeniuSxBoY]

Selling at $600 if it bottoms out at $400 is a great idea. That's $200 of extra playroom.

[mufa23]

You are right. But watch out, many traders lose, so many will lose this time also.

In this game: For every loser there is a winner.

[Hfertig]

no this is not the bottom... bottom is 400-450... it is just going through some resistance downwards... the 500s show resistance that's all.  But i'm afraid to short right now... even though i should.

I think we will only have short stop at 450 with a rebound possibility to 650-700 and then down to 120-150...

[MoreFun]

I didn't say $600 is the bottom. Read me second line of first post why it is not smart to sell now.

[MoreFun]

no this is not the bottom... bottom is 400-450... it is just going through some resistance downwards... the 500s show resistance that's all.  But i'm afraid to short right now... even though i should.

I think we will only have short stop at 450 with a rebound possibility to 650-700 and then down to 120-150...

Can't wait for this to happen. Like the scenario.

[SuperHakka]

you guys showing classics signs of investor bias, you all think $600 is a "bargain" and that $400 is a fking criminal gveaway price. i remind you that during a crash from top of a bubble, the price usually does an undershoot way past what would be called recent prices. The price could "easily" go back to what it was 3 months ago, regardless of all the new developments happening cos that what markets do, they overshoot and they undershoot. I am looking for $100. Those who think I'm crazy will be entering the twilight zone feeling in a few weeks time no doubts.

[beaconpcguru]

This guy has been going crazy yelling crash, most of his post count came from this past 6 weeks anyway begging the train to come back for him.  Sorry your so regretful SupaHakkaw

[SuperHakka]

This guy has been going crazy yelling crash, most of his post count came from this past 6 weeks anyway begging the train to come back for him.  Sorry your so regretful SupaHakkaw

don't be sorry bro. there's no time for real emotion in making money, you just got to do what needs must. regardless of what i say and i admit somtimes i overdo it a bit because i get excitable, this train is returning back to the station. btc is not going to rewrite the financial history books by becoming the first market with bubble like characteristics to not pop with massive retraceing. that's not my wish, that just market law. take it easy.

[beaconpcguru]

This guy has been going crazy yelling crash, most of his post count came from this past 6 weeks anyway begging the train to come back for him.  Sorry your so regretful SupaHakkaw

don't be sorry bro. there's no time for real emotion in making money, you just got to do what needs must. regardless of what i say and i admit somtimes i overdo it a bit because i get excitable, this train is returning back to the station. btc is not going to rewrite the financial history books by becoming the first market with bubble like characteristics to not pop with massive retraceing. that's not my wish, that just market law. take it easy.

Each retracement is higher than the last, you should recall that in April there was three items that caused the crash, first MtGox lag and people trading blind, second thing being Bitcoin blockchain being forked causing the real panic, then the moral took it to its low.  You can't say it always retraces as at its lowest point was still 5 times higher (60$) than where it took off from in January(12$).  I have no ill will against your angst, though you should actually study the come downs a little more.  If we were to follow the same pattern you try to use for the basis of your reality then if this all started at a SR crash lows then the new low should be 5xx with some getting excited and lowering the bar perhaps momentarily (though I really don't even a 400$ bid getting filled)