Good old times could be back soon

[Wandererfromthenorth]

Bitcoin is a speculation monster still in its early stages.  Since a few billion of total marketcap is still peanuts overall, it doesn't take too much for big players to pump and dump this thing to the stratosphere like in the past.

Given the nature of its market, it has pulled some no-brainer trade setups for long term plays since its inception. If price stays in this current range for a few weeks/months and breaks $315 with convincing volume and price action, this might be another one of them.

[sgbett]

WINTER IS COMING...

...s/WINTER/MOON/ 

[Amph]

yeah i always thought you, that pump come in autumn-winter and stagnation/dump in the other phase of the year, summer isn't a good time for a big pump

for now i prefer to hold, and acquire btc in another way it work good so far

[spazzdla]

Winter is coming to fractional banking.. will you be caught out in the cold naked and afraid?

[Morecoin Freeman]

There will not be enough coins for everyone. Will user kwukduck finally die?

[_ajv_]

WINTER IS COMING...

...s/WINTER/MOON/ 

This? https://www.youtube.com/watch?v=-VBdAY8eA9w

[zoinky]

Slowly but surely.

[galbros]

Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

[pitham1]

PS: BTC is and always was something you were supposed to trade and not blindly HODL IMHO. As in trading = buying and holding when expecting an uptrend, not being afraid to sell if an uptrend is expected. Even if it's only a few trades a year.

You mean not being afraid to sell if a downtrend is expected, don't you?
People who got into Bitcoin on its downtrend from $600 are probably stuck and are holding on to their coins irrespective of the outlook. They would be okay with paper losses, but wouldn't want to actually book a loss.

[Wandererfromthenorth]

PS: BTC is and always was something you were supposed to trade and not blindly HODL IMHO. As in trading = buying and holding when expecting an uptrend, not being afraid to sell if an uptrend is expected. Even if it's only a few trades a year.

You mean not being afraid to sell if a downtrend is expected, don't you?

You're right  

Yes, "not being afraid if a downtrend is expected" of course, fixed it now.

[randy8777]

Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

you're not wrong. it's actually nice to see that there are still realistic people here that look at facts, instead of living in a fantasy world regarding the bitcoin price. we just need patience. that's all. $1000 is a matter of years before we see it again.

[Cconvert2G36]

Wandererfromthenorth, you seemed pretty dang bearish a few weeks back. What was the data/indicator that moved you?

[Karpeles]

Wandererfromthenorth, you seemed pretty dang bearish a few weeks back. What was the data/indicator that moved you?

The "I already bought all the coins I want" indicator, I bet

[r0ach]

$1000 is a matter of years before we see it again.

There's a high enough chance of economic collapse + martial law in same time frame to launch BTC and/or gold to whatever price you can imagine.

[MoreFun]

Rocket starts after last auction announcement (first 10% crash) or gox coins resolution.

[jjacob]

Rocket starts after last auction announcement (first 10% crash) or gox coins resolution.

Gox coins resolution doesn't seem to be happening any time soon.
Bitcoin looks like it is a rocket about to take off.

[pooya87]

PS: BTC is and always was something you were supposed to trade and not blindly HODL IMHO. As in trading = buying and holding when expecting an uptrend, not being afraid to sell if a downtrend is expected. Even if it's only a few trades a year.
A much more efficient strategy than always holding and much safer (it allows you to avoid things like losing 70% of money invested in more than a year).

i like your postscript. this is i always try to do. i believe you either have to use bitcoin as a currency and don't even think about the market and speculations and spend it online or any other ways that are possible.
or when you decided to trade it, you shouldn't just hold your bitcoins and hope the price goes to $10K to sell then.
just look at topic "i will sell my bitcoin if price ...." the responds show that a lot of bitcoin users have this mentality to hold and hope for the break to sell then.

[MahaRamana]

Those are nice charts.  I thought the defeat of the bearwhale at 300 (in Oct?) would set a new bottom, but no luck.  I am still optimistic about bitcoin, but seriously doubt that boom times of the run up to 1000 will be back any time soon.

I hope I'm wrong, and that the title of your thread is right on!

Good Luck!

you're not wrong. it's actually nice to see that there are still realistic people here that look at facts, instead of living in a fantasy world regarding the bitcoin price. we just need patience. that's all. $1000 is a matter of years before we see it again.

The USD will crash this year before september 23. Bitcoin should be well over 1000 by october 2015.

[inca]

I think this thread can be summarised as: I bought in!

[spiderbrain]

I think this thread can be summarised as: I bought in!

And about time too