Bubble! I've just sold!!

[flaab]

Dear friends,

This post is to let you know that the the bubble is about to burst, luckly the price will settle down about 15-20usd/btc after the plunge. Don't fool yourselves, the price of something cannot go up forever. I don't know how further is the bubble going to go, but I'm not going to find out.

Since there is no way to short bitcoins, you'll wake up in a no-bid market soon and suffer an horrendous gap.

I've cashed out almost 95% of my bitcoins at 48.5. Now...it should go down to 20 again :-)

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[humanitee]

Dear friends,

This post is to let you know that the the bubble is about to burst, luckly the price will settle down about 15-20usd/btc after the plunge. Don't fool yourselves, the price of something cannot go up forever. I don't know how further is the bubble going to go, but I'm not going to find out.

Since there is no way to short bitcoins, you'll wake up in a no-bid market soon and suffer an horrendous gap.

I've cashed out almost 95% of my bitcoins. Now...it should go down to 20 again :-)

Loaded disagrees with you.

[Piper67]

oh well, if you say so 

[piramida]

you can short bitcoins. icbit.se for example.

[zoinky]

It's a trap.

[phantastisch]

A fool and his Bitcoins will soon be parted.

[Piper67]

A fool and his Bitcoins will soon be parted.

From. My. Cold. Dead. Hands.

[phantastisch]

A fool and his Bitcoins will soon be parted.

From. My. Cold. Dead. Hands.

That is the spirit.

[Qoheleth]

Since there is no way to short bitcoins

Bitfinex. There's plenty of BTC loan depth with which to short. But strangely, nobody seems to be biting...

[usagi]

A fool and his Bitcoins will soon be parted.

From. My. Cold. Dead. Hands.

Yes, but without an exit strategy you will ride the opposite side of the wave all the way down to wherever it's going. Look at the chart; this isn't the first time we've had a parabolic rise.

[blackreplica]

I reckon it's possible it'll go back down to no less than 37-38 in the near term to rejoin the long term exponential growth trend before continuing



If it drops below that we may seek support at a much lower level, probably 32 (our last all time high)

[Piper67]

A fool and his Bitcoins will soon be parted.

From. My. Cold. Dead. Hands.

Yes, but without an exit strategy you will ride the opposite side of the wave all the way down to wherever it's going. Look at the chart; this isn't the first time we've had a parabolic rise.

Heh... it would have to drop below $2 for me to start losing. I buy, I hold, if it drops, I buy more :-)

The thing about Bitcoin is, it's a really, really good idea  

[zby]

This post is like a bait for bulls.

[adamstgBit]

I've been calling bubble ever since 20

hasn't exactly worked out as i thought  

[xxjs]

Dear friends,

This post is to let you know that the the bubble is about to burst, luckly the price will settle down about 15-20usd/btc after the plunge. Don't fool yourselves, the price of something cannot go up forever. I don't know how further is the bubble going to go, but I'm not going to find out.

Since there is no way to short bitcoins, you'll wake up in a no-bid market soon and suffer an horrendous gap.

I've cashed out almost 95% of my bitcoins. Now...it should go down to 20 again :-)

Are you in fiat?
What is your exit strategy?

[notme]

Dear friends,

This post is to let you know that the the bubble is about to burst, luckly the price will settle down about 15-20usd/btc after the plunge. Don't fool yourselves, the price of something cannot go up forever. I don't know how further is the bubble going to go, but I'm not going to find out.

Since there is no way to short bitcoins, you'll wake up in a no-bid market soon and suffer an horrendous gap.

I've cashed out almost 95% of my bitcoins. Now...it should go down to 20 again :-)

Are you in fiat?
What is your exit strategy?

+1. Why would you hold dollars at a time like this?

[shkiser]

Its not over til the fat lady sings.. Ive bought today at $53 thats how much faith I have. I believe $50 is a significant number, and Ive predicted people would begin selling off near this number. Its a psychological thing, I think this is where the volatility, and bounce in value is coming from today.
I honest think the trend will continue upward, but at a much slower pace than we have seen the last couple days. Im in it to win in.

Op how many total btc did u sell today?

[Bitcopia]

While bitcoin is undoubtedly becoming more widely accepted and adopted, this market has grown almost exponentially over the past couple months. I sold at $49. Now I'm waiting for the correction to buy back more than I had before!

[Melbustus]

While bitcoin is undoubtedly becoming more widely accepted and adopted, this market has grown almost exponentially over the past couple months. I sold at $49. Now I'm waiting for the correction to buy back more than I had before!

Yup. Could crash 50% today. Or march straight to $120 and crash to $60. If you believe in bitcoin long-term, and understand that the price discovery process for bootstrapping a new global currency from nothing is going to crazy wild and unpredictable, how can you have the confidence to sell?

If you're not a long-term bull, sure.

[Gatekeeper]

If you sell your bitcoins under $50, you're gonna have a baaaaaad tiiiiiime