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waspoza
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August 19, 2012, 12:37:59 PM |
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I dumped. Are you? What price did you get? He carefully picked lowest point to sell. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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bitcon
Legendary
 Offline
Activity: 2212
Merit: 1008
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August 19, 2012, 12:44:09 PM |
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buy high, sell low. If only pitate40 would have named himself "Obama" cons really could blamed everything on Obama and been right about it for once.
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Mr. Coinman
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August 19, 2012, 12:46:30 PM |
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buy high, sell low. If only pitate40 would have named himself "Obama" cons really could blamed everything on Obama and been right about it for once.
Ha. I'm keeping 'em. |
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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August 19, 2012, 12:50:35 PM |
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i dumped at 13. buying later today at $7
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eb3full
VIP
Full Member
Offline
Activity: 198
Merit: 101
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August 19, 2012, 01:21:35 PM |
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Dumped at 15, got some ice cream and came back to chaos.
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"With four parameters I can fit an elephant, and with five I can make him wiggle his trunk." John von Neumann
buy me beer: 1HG9cBBYME4HUVhfAqQvW9Vqwh3PLioHcU
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mjsbuddha
Sr. Member
Offline
Activity: 336
Merit: 250
yung lean
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August 19, 2012, 01:27:34 PM |
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dumped at $15 and bought again at $11.50 so mixed news.
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anu
Legendary
Offline
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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August 19, 2012, 01:29:56 PM |
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dumped at $15 and bought again at $11.50 so mixed news.
Only 20% gain in a single day? You pity me. Can we donate some? |
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salty
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August 19, 2012, 01:36:24 PM |
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I think it will drop to $6.50 then another slow rise for a couple of months ready for a Christmas bubble.
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420
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August 19, 2012, 01:53:42 PM |
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i'd be on the buy right now...but
NO LIQUIDITY, NO LIQUIDITY!
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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tonto
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August 19, 2012, 01:55:52 PM |
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Heh... I didn't even know about the dump until I got an email from MtGox telling me my buy order at 10.5 went through. I was like, "wtf, really?" Prices at that point were above $14 and I was curious. Then I saw the dump. ooooooh.
I didn't have any money left to wait and buy as it dropped (plus I was at work and didn't have time to monitor). Oh well, I'll just have to wait until it climbs back up.
I'm long-term anyway, with some minor "day trading"
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enquirer
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August 19, 2012, 01:56:02 PM |
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Me thinks recent rise from 5 to 15 was due to people buying to invest in pirate 7%/week scheme; now it's going back to 5, and probably could dip into 1-2 range because pirate must sell his earnings (which is 500k bitcoins)
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420
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August 19, 2012, 01:57:16 PM |
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Me thinks recent rise from 5 to 15 was due to people buying to invest in pirate 7%/week scheme; now it's going back to 5, and probably could dip into 1-2 range because pirate must sell his earnings (which is 500k bitcoins)
Me thinks $8 is the floor |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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Mistafreeze
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August 19, 2012, 03:04:00 PM |
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I cashed out at $14.91 on the way up. I just didn't feel like the rally could be supported. I'm going to sit out for a day or two and see what happens now. $$$ is in the exchange though, just waiting to double the amount of coins I had  |
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Definit
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August 19, 2012, 03:08:58 PM |
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hurry, buy now! before it drops!  |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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August 19, 2012, 03:16:52 PM |
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I cashed out at $14.91 on the way up. I just didn't feel like the rally could be supported. I'm going to sit out for a day or two and see what happens now. $$$ is in the exchange though, just waiting to double the amount of coins I had Pics or it didn't happen  |
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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sceeth0
Newbie
Offline
Activity: 23
Merit: 0
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August 19, 2012, 03:18:38 PM |
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If I sell at the wrong time I take a loss and end up with fewer BTC over the long run.
If I sell at the right time, I make a profit and owe taxes to a bloated government that thinks "You didn't sell that."
So no. For me, dumping was never an option. There were other ways for a mostly all-in investor to hedge against stable or falling prices, the simplest assuming mining difficulty will follow price. The exchange rate can do whatever it pleases, and tomorrow I'll be slightly wealthier by most measures that I care about.
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gutschilla
Newbie
Offline
Activity: 17
Merit: 0
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August 19, 2012, 03:23:29 PM |
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I dumped at 14.7 because I got scared. So much heat. And I couldn't resist taking the profit. Then the price rose to 15, then 15.2 and I found myself tempted to panic-buy. Fortunately, my girlfriend was upset about me starring the whole day at may cellphone (she knows what I am doing when the screen is orange [MtGox app]), so I put away the phone. We went for lunch. Price dropped to 13.1 and I was feeling great. Too great, as I bought 25% of the coins sold back, waiting to buy more. Still panicking. Price dropped further and further. Today I bought another 25% back at 9.2. Now, I think I'll wait for what happens. If I just could predict it. I made more than 1K$ profit which decently adds to my holiday pocket but the last two months just felt so good I want to feel it again. If price drops any further, I'll wait for 5$ to buy back in, maybe even lower. If price stabilizes at [9-11] range. I'll buy back in after a couple of weeks, if price rises I'll sell everything at 12. After all, I am a bad trader. All this panicking  |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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August 19, 2012, 03:31:36 PM |
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Me thinks recent rise from 5 to 15 was due to people buying to invest in pirate 7%/week scheme; now it's going back to 5, and probably could dip into 1-2 range because pirate must sell his earnings (which is 500k bitcoins)
This. On the bright side, this, what, the third time people will get z chance to be early investors. Hey, maybe in the end everyone will get to be an early investor!? |
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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humanitee
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August 19, 2012, 03:33:17 PM |
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When is the time for late investors!?
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| Whitepaper
Medium
Reddit
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muyuu
Donator
Legendary
Offline
Activity: 980
Merit: 1000
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August 19, 2012, 03:46:31 PM |
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Don't worry mate, you will find another girlfriend.
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GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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