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Question: Bitcoin Forecast: What do you expect BTC/USD prices to do in the next 4 weeks?
Up
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Same as now
I don't know

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Author Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN?  (Read 504157 times)
Terpie
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May 10, 2011, 04:24:49 AM
 #621

well, fuck my life... 5$? really? I basically lost 150$ right now ,because I sold a few hours too early?

This is what I hate about BTC Sad Someone decides to buy alot and voila, his BTC is already worth over 50% more

My post is looking rather prescient right now. I'd hate to try and trade this market.
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marcus_of_augustus
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May 10, 2011, 04:26:17 AM
 #622

well, fuck my life... 5$? really? I basically lost 150$ right now ,because I sold a few hours too early?

This is what I hate about BTC Sad Someone decides to buy alot and voila, his BTC is already worth over 50% more

Only if you continue to measure things in depreciating fiat currencies .... measured in BTC he has no more or less .... see?

Lesson one, don't sell your BTC unless you are starving, cold or need sex.

nster
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May 10, 2011, 04:26:23 AM
 #623

At least I have 250 BTC left that I can sell... or wait, I'll just stash them in a few wallet.dat, put it in online storage and in USB stick drives and External HDD etc etc in a bank vault, and in a few years I'll dig up up Smiley

167q1CHgVjzLCwQwQvJ3tRMUCrjfqvSznd Donations are welcome Smiley Please be kind if I helped
mewantsbitcoins
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May 10, 2011, 04:26:46 AM
 #624

My post is looking rather prescient right now. I'd hate to try and trade this market.

It's easy - you buy as soon as hear about bitcoins as much as you can and never sell Smiley
proudhon
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May 10, 2011, 04:28:30 AM
 #625

well, fuck my life... 5$? really? I basically lost 150$ right now ,because I sold a few hours too early?

This is what I hate about BTC Sad Someone decides to buy alot and voila, his BTC is already worth over 50% more

If it makes you feel any better we're probably heading for a substantial drop in the near future.
Terpie
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May 10, 2011, 04:28:44 AM
 #626

My post is looking rather prescient right now. I'd hate to try and trade this market.

It's easy - you buy as soon as hear about bitcoins as much as you can and never sell Smiley

I haven't read one post of a person that bought and a week later regretted the decision. Selling, on the other hand...
nster
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May 10, 2011, 04:29:40 AM
 #627

My post is looking rather prescient right now. I'd hate to try and trade this market.

It's easy - you buy as soon as hear about bitcoins as much as you can and never sell Smiley

I haven't read one post of a person that bought and a week later regretted the decision. Selling, on the other hand...

a lot of people who bought at the 1$ ~ 1.10$ high regretted it until the sudden jump to 3$

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Alex Beckenham
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May 10, 2011, 04:51:41 AM
 #628

well, fuck my life... 5$? really? I basically lost 150$ right now ,because I sold a few hours too early?

Haha you must have sold to me, I picked up a bunch a few hours ago at about $3.85.

Alex Beckenham
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May 10, 2011, 04:54:06 AM
 #629

My post is looking rather prescient right now. I'd hate to try and trade this market.

It's easy - you buy as soon as hear about bitcoins as much as you can and never sell Smiley

I haven't read one post of a person that bought and a week later regretted the decision. Selling, on the other hand...

a lot of people who bought at the 1$ ~ 1.10$ high regretted it until the sudden jump to 3$

Yeah, don't worry about it... if you think it'll get to $20 this year like I do, you'd still do well buying at $5.

nster
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May 10, 2011, 05:22:34 AM
 #630

well, fuck my life... 5$? really? I basically lost 150$ right now ,because I sold a few hours too early?

Haha you must have sold to me, I picked up a bunch a few hours ago at about $3.85.


naaa I sell on bitcoin otc

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Current-C
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May 10, 2011, 01:11:56 PM
 #631

Um, how the heck are we supposed to chart this thing when one guy with a fat wallet can wreak havoc on the price?  We need more people trading to level out the influence and psychological factors. 
pjwaffle
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May 10, 2011, 01:13:52 PM
 #632

Bitcoins @ 4.53 vs USD

Ascending triangle spotted. Might reach 6  after breakout past 5
barbarousrelic
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May 10, 2011, 01:20:48 PM
 #633

Is there any way to estimate the 'Bitcoin population' meaning the number of people using Bitcoin? Perhaps a char t of the number of people running the Bitcoin client or the number of addresses holding >5 BTC ? I understand this information would not be perfect but I wonder if spikes in the Bitcoin population would be a good leading indicator of rallies.

Do not waste your time debating whether Bitcoin can work. It does work.

"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.

There is no such thing as "market manipulation." There is only buying and selling.
BitterTea
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May 10, 2011, 01:21:50 PM
 #634

Um, how the heck are we supposed to chart this thing when one guy with a fat wallet can wreak havoc on the price?  We need more people trading to level out the influence and psychological factors. 

It will happen with time. Then again maybe it won't. Smiley

Maybe once GLBSE matures and they offer option contracts.
marcus_of_augustus
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May 10, 2011, 01:26:18 PM
 #635

Um, how the heck are we supposed to chart this thing when one guy with a fat wallet can wreak havoc on the price?  We need more people trading to level out the influence and psychological factors. 

Corollary to that is that the BTC value is too low if one fat wallet can move it around so much ....

The number of bitcoins is not to going to change hugely (well not anytime soon) .... so only thing that can change to smooth out 'fat-wallet' fluctuations is the value .... upwards, get it?

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May 10, 2011, 01:29:13 PM
 #636

We should really donate more to S3052, even a couple of Bitcoin helps heaps...
I know I have.

One off NP-Hard.
eof
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May 10, 2011, 02:23:20 PM
 #637

We should really donate more to S3052, even a couple of Bitcoin helps heaps...
I know I have.

I am not sure what type of donations he is getting; but I would very willingly pay a privilege (1-3 btc a month?) for more frequent updates that were private to his subscribers.
ribuck
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May 10, 2011, 02:35:48 PM
 #638

I am not sure what type of donations he is getting
His current donation address seems to have received 329 BTC (over all time).
S3052
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May 10, 2011, 07:36:23 PM
 #639

Hi Everyone interested in bitcoin trading.

Please see below the latest technical analysis
http://bit.ly/lVNArP

I want to thank all the folks who have donated, particularly those who donated for the inclusion of the Elliott Wave analysis. It was quite some work so it took a bit longer this time.
All who have not donated can thank the donors :-)

Below is the address for donations.
1P8iS7WLx5n4ixThBRCPEPk9A3dR8bV6qt

In the next days, I will also reflect on your input to offer an exclusive subscription of my analysis. Bear with me.

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

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May 10, 2011, 11:33:06 PM
 #640

We'll I bought some more today so that's as good a reason as any to call a top.  Grin
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