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ruski (OP)
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August 19, 2012, 11:16:47 AM |
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 I go make a cup of coffee, come back, and it's at $9.40? 
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tbcoin
Legendary
 Offline
Activity: 1022
Merit: 1000
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August 19, 2012, 11:17:33 AM |
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No no... 9.25.... |
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ruski (OP)
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August 19, 2012, 11:30:14 AM |
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Those 30,000 BTC we saw earlier?
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cst
Member
Offline
Activity: 110
Merit: 10
The Cosmos doesn't care about you.
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August 19, 2012, 11:39:08 AM |
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Obviously pirate selling all his bitcoins and running away...
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ruski (OP)
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August 19, 2012, 11:44:21 AM |
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Man, screw that. I'm committing the cardinal sin, buy high, sell low.. but I'm buying back in a few hours. Another 50k BTC being moved into the exchange? I'm not sticking around for that.
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cst
Member
Offline
Activity: 110
Merit: 10
The Cosmos doesn't care about you.
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August 19, 2012, 11:50:33 AM |
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I would LOVE to have that address  Man, screw that. I'm committing the cardinal sin, buy high, sell low.. but I'm buying back in a few hours. Another 50k BTC being moved into the exchange? I'm not sticking around for that.
And I have no cash and no BTC to do any meaningful trades :/ |
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Cluster2k
Legendary
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Activity: 1692
Merit: 1018
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August 19, 2012, 11:52:41 AM |
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Economy / Speculation / Re: WE HIT $14.00!!!!
Cluster2k: "I'm surprised by this rally, but then again, I remember June 2011. Let's hope we're not headed there again."
We're returning to more natural valuations for bitcoin. 50% rally in a few weeks and some people were proclaiming it was inevitable and logical. Unbelievable.
If we stop at $7 it'll be good news. Hopefully people can wait around for the next bout of hubris and profit again.
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Technomage
Legendary
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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August 19, 2012, 11:56:11 AM |
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Now is an extremely good opportunity to buy. I just fear I can't get money into the exchanges fast enough to get in on the really cheap coins.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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420
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August 19, 2012, 01:48:32 PM |
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I go make a cup of coffee, come back, and it's at $9.40? stop going so far to make your coffee or take an iPad next time bouncing around $9 even |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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August 19, 2012, 01:51:21 PM |
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Now is an extremely good opportunity to buy. I just fear I can't get money into the exchanges fast enough to get in on the really cheap coins.
Seriously? If this isn't a clear trend reversal, I don't know what is. Get your money in. Take your time. The price isn't going to go back up. We're headed for $5, and you've got plenty of time to prepare for it. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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klaus
Legendary
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Activity: 1932
Merit: 1004
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August 19, 2012, 01:58:11 PM |
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Seriously? If this isn't a clear trend reversal, I don't know what is. Get your money in. Take your time. The price isn't going to go back up. We're headed for $5, and you've got plenty of time to prepare for it.
i think its to early to say this. 2 more lines to fall, then youre right. |
bitmessage:BM-2D9c1oAbkVo96zDhTZ2jV6RXzQ9VG3A6f1
threema:HXUAMT96
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VelvetLeaf
Member
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Activity: 98
Merit: 10
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August 19, 2012, 02:04:05 PM
Last edit: August 19, 2012, 02:55:14 PM by VelvetLeaf |
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Seriously? If this isn't a clear trend reversal, I don't know what is. Get your money in. Take your time. The price isn't going to go back up. We're headed for $5, and you've got plenty of time to prepare for it.
At least there's someone sane here on bitcointalk. $9 is still higher to $10, so some people still keep believing it'll go back up. There's not much time left for pirate, so pirate willl hit $8 soon to break people's confidence. When we hit $7-$8, people won't be hesitant anymore to dump to cover loses. And back on Monday, people will spend 10-25% of their coins that they receive from pirate to dump. We'll hit $5, whether people will like it or not. |
BTC : 1GN81dxzxyFPQsyAtdocXr5S9Mcg4wcfFG
LTC : LgmYvXsYXc4xdjsMKXJWqtagxVvioK6iaw
FC : 6dpSnKMtttUUYzaRu1EB7Lu18PBRVHU3V7
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DublinBrian
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August 19, 2012, 02:05:35 PM |
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We're headed for $5, and you've got plenty of time to prepare for it. $5? No way! I dont believe it will go below $7. Or if it does it will be very brief. |
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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August 19, 2012, 02:10:54 PM |
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Now is an extremely good opportunity to buy. I just fear I can't get money into the exchanges fast enough to get in on the really cheap coins.
Seriously? If this isn't a clear trend reversal, I don't know what is. Get your money in. Take your time. The price isn't going to go back up. We're headed for $5, and you've got plenty of time to prepare for it. This coming from the guy who predicted 7.2 as the high for the year. All rubbish, of course. The price will go as low as whoever's dumping needs for it to go. Maybe, just maybe, there'll be enough of us ready to buy to make it distinctly not worthwhile for him/her. Nobody is even close to knowing all the variables at play here. On the other hand, with the pitiful amounts being discussed in this forum, it also doesn't really matter one way or another. |
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klaus
Legendary
Offline
Activity: 1932
Merit: 1004
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August 19, 2012, 02:13:03 PM |
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Nobody is even close to knowing all the variables at play here. On the other hand, with the pitiful amounts being discussed in this forum, it also doesn't really matter one way or another.
+1 |
bitmessage:BM-2D9c1oAbkVo96zDhTZ2jV6RXzQ9VG3A6f1
threema:HXUAMT96
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dopamine
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August 19, 2012, 02:24:26 PM |
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sweet I can't wait to buy more bitcoins  |
Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
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AndrewBUD
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August 19, 2012, 02:29:04 PM |
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if the value drops down to $5-7 do you think the difficulty will lower ?
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DublinBrian
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August 19, 2012, 02:39:14 PM |
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That recent buy was just stocking up for the next hit. He gets a boost of cheap coins at every even dollar when folks hit there panic sell point. I'd expect Monday to start at $7 at the highest and there will likely be more dumps during the week. "Stocking up" now at $9, then selling them on Monday for $7 isnt a very bright strategy. |
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trogdorjw73
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August 19, 2012, 02:53:15 PM |
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I'd say if you look back at the "sustained rally based on fundamentals", there's a very strong corelation between the start of the rally and the start of BCST. Pirate has said he was "in control of the entire market" for the past 9 months, and that appears to be proving true. Now he's shutting down, all those that got coins at $15 sold out at a massive 400% profit, and those that got coins at $9 and had bought in at $3 still get a 200% profit. Not a bad investment if you come out on top. Those that bought into the ponzi late get screwed, naturally, but when the price is back down around $3-$4 Pirate would easily be able to buy back enough coins to pay off anyone remaining. At some point I'm going to need to dig up my old "when will we break below $4 again" thread and see who guessed correctly (closest). Whee!
Disclaimer: I mine for BTC, and do a bit of speculating. At this point, I'm all out and watching the price plummet. Damn but it was nice to actually make $12+ per BTC mined -- well over 3X my electricity costs! Only problem now is difficulty has jumped up with all the old miners coming back online; I wonder how long it will take to go back down (if at all, with the ASICs coming online).
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