I dumped. Are you?

[anu]

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!?

SatoshiDice has nothing to do with it? And the rising revenue on certain online markets?

[gutschilla]

Don't worry mate, you will find another girlfriend.

Another girlfriend (by simply being a girl) would result in the same "problem" I keep dumping girls coins.

Again, @9.55 I panic sold the coins bought at @9.2 feeling somewhat uncomfortable. Damn, that feeling was right. 8.8, already. Time to buy? Must be a panic buy for me to work out.

PANIC!

[Fluttershy]

Smart money's chilling with their fiat dollars while they wait for a rebound.

[notme]

Smart money's chilling with their fiat dollars while they wait for a rebound.

Smart money's already bought back in so they don't have to fight for the few BTC still for sale against everyone else sitting with fiat in their accounts now.

[mb300sd]

I'm currently taking a dump, however I have no plans to dump my BTC

[ruski]

Good morning!

So I didn't dump at the bottom after all, huh?

[8up]

When markets scare you, it's important to know where you are.  


http://www.bitcoincharts.com/charts/bitstampUSD#rg60zigHourlyzczsg2012-05-01zeg2012-09-30ztgSzm1g10zm2g25zv

[richardsNY]

When markets scare you, it's important to know where you are. 

This just shows that holding Bitcoin for a few years is the best possible option. I will keep holding my coins for plenty of years. How bad markets might look at a certain point, the long term will make you smile.

[Denker]

When markets scare you, it's important to know where you are.  

Haha thanks for bumping that thread.
This just shows me that holding for a few years or even longer can't be that bad.Therefore I will keep my strategy and continue to buy a bit more everytime I have a possibilty to do so, meaning some fiat left.

[ssmc2]

When markets scare you, it's important to know where you are.  


http://www.bitcoincharts.com/charts/bitstampUSD#rg60zigHourlyzczsg2012-05-01zeg2012-09-30ztgSzm1g10zm2g25zv

+1

[n2004al]

Best case - buy back when the dump is over, price rebounds Monday.

Okay case - price continues to fall, I'll take my losses and avoid being a bagholder for six months.

Worst case - I just sold into the daily low and it's about to rebound right now.

It was all quiet in my bitcoin Coinbase wallet during all the last eventful days. I had not any temptation even when the price overpasses the 500 us dollar. My few bitcoins there wait for much more high price. In this way will have meaning even its existence and the amount (few). I don't want to speculate and for more dump those. Maybe to find others yes but to sell those; it is yet early. I am for the long term waiting and profit. Hoping than one day they will arrive the price I have in mind or at least a price near it.

[Hunyadi]

People still underestimate this selloff. We crossed below several trendfollowing exit thresholds so even if we rebound we are still going down....
At least till december imo.

^^that's 2012 

[MissionPhailed]

Hmmm, lemme check my trade history for the last 48 hours ...

Tuesday-evening: sold BTC at $355 and decided to sleep in fiat.
Wednesday-morning: bought back in at around $310 and thus gained an amount of crypto. The minutes before I went to bed that evening, I saw the price plummeting under $300. Decided to sleep in fiat again, convinced I would see $260-270 the next morning.
This morning: saw to my surpise $325 and bought back in quickly (n00b, I know). Eventually managed to get a small profit over these trades, but it shows trading isn't my strong point ... !

[bajing]

hm.. i dont think price will go below $300 and i think now is the time you get bitcoin in the cheap price but if dumping happened again i will buy bitcoin again

[vendetahome]

i did not sell any of my bitcoins as it is like an investment for me i believe that after some time its price will rocket to the new heights

[rocks]

Great bump, I remember this thread from then and thinking of selling after the fall from $15. Glad I didn't.... This latest drop looks so similar to the 2011-2012 charts.

[mirana12345]

Great bump, I remember this thread from then and thinking of selling after the fall from $15. Glad I didn't.... This latest drop looks so similar to the 2011-2012 charts.

The zig-zag'ing around also sounds familiar, i just hope they are real patterns, and not something that we see because it suits us
Patterns are similar , regardless of the price - just look at values in percentages, ignore other values, it makes them easier to read.

[afbitcoins]

haha i read about 2 pages before i realised it was from 2012, was confused about the prices being quoted have to admit.

 


I have also been thinking this last mini bubble is similar to ones in 2012

[Dilla]

I don't think the bubbles will follow the same trends as before. Institutions are here and the charts will show it. Look how choppy the rises have been before, and look at that sweet parabolic uptick we had. Pro's are here, probably to send this shit to the moon. We are very low in price compared to where bitcoin COULD go.

[muyuu]

haha i read about 2 pages before i realised it was from 2012, was confused about the prices being quoted have to admit.

 


I have also been thinking this last mini bubble is similar to ones in 2012

There's nothing "mini" about the first 300% rise you are calling Mini Bubble there. It's the second largest price rise of the period (first being ~12 to ~150).