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flaab (OP)
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March 06, 2013, 11:46:51 PM
Last edit: March 07, 2013, 12:28:21 AM by flaab |
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Bitcoin has its own page in the future, but it is not getting there overnight.
A healthy comeback to the 30-25usd level would be very possible imo.
And even a more healthy comeback would be back to 20usd.
I would re-buy then some for sure ;-)
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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goxed
Legendary
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Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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March 06, 2013, 11:51:20 PM |
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A healthy comeback to the 30-25usd level would be very possible imo.
And even a more healthy comeback would be back to 20usd.
I would re-buy then some for sure ;-)
My buys will be lined up at $1.99, but the odds are too low for it to happen. |
Revewing Bitcoin / Crypto mining Hardware.
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marhjan
Full Member
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Activity: 215
Merit: 105
Poorer than I ought to be
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March 06, 2013, 11:53:15 PM |
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Suspect an initial correction to around $8.50USD, rebounding to $20USD shortly thereafter. That's about the realistic current value of btc
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Donations happily accepted @ 15qxNsc7pBiz5kXpAJykw4etzMbZitm2mk
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Chalkbot
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Activity: 896
Merit: 1001
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March 06, 2013, 11:54:26 PM |
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I'll say it goes to ~ 40, then we resume the climb!
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flaab (OP)
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March 06, 2013, 11:55:54 PM |
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I'll say it goes to ~ 40, then we resume the climb!
The price is vertical already. A correction is due. I am 99% sure I can buy back my bitcoins cheaper. Disclaimer: I sold today! |
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flaab (OP)
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March 06, 2013, 11:56:16 PM |
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Suspect an initial correction to around $8.50USD, rebounding to $20USD shortly thereafter. That's about the realistic current value of btc
I would love to buy at 8! xD |
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🏰 TradeFortress 🏰
Bitcoin Veteran
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Activity: 1316
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👻
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March 06, 2013, 11:57:18 PM |
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It will not hit the single digits again.
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flaab (OP)
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March 06, 2013, 11:59:58 PM |
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41 already!! :-) Can't believe I sold for 48.5!!
Go for 15!! GO GO GO GO!!
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Chalkbot
Legendary
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Activity: 896
Merit: 1001
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March 07, 2013, 12:02:40 AM |
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41 already!!
Hehe, I find this exciting, even while holding my BTC, haha. Wait for it.... |
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flaab (OP)
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March 07, 2013, 12:03:32 AM |
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41 already!!
Hehe, I find this exciting, even while holding my BTC, haha. Wait for it.... As a trader, I like raking profits when something rallies 30% in 36hours... There is an excellent chance to get the stock/whatever back cheaper! 40.5! PANIC!! PANIC!! SELL SELL SELL!! |
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shkiser
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March 07, 2013, 12:05:54 AM |
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under $40.. time to get out
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Chalkbot
Legendary
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Activity: 896
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March 07, 2013, 12:07:31 AM |
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41 already!!
Hehe, I find this exciting, even while holding my BTC, haha. Wait for it.... As a trader, I like raking profits when something rallies 30% in 36hours... There is an excellent chance to get the stock/whatever back cheaper! 40.5! PANIC!! PANIC!! SELL SELL SELL!! Can't blame you for that. Are you looking to get back in? If so, what price? I already said I don't think it will go much lower than 40, but I certainly don't think it's out of the question... |
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flaab (OP)
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March 07, 2013, 12:09:12 AM |
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41 already!!
Hehe, I find this exciting, even while holding my BTC, haha. Wait for it.... As a trader, I like raking profits when something rallies 30% in 36hours... There is an excellent chance to get the stock/whatever back cheaper! 40.5! PANIC!! PANIC!! SELL SELL SELL!! Can't blame you for that. Are you looking to get back in? If so, what price? I already said I don't think it will go much lower than 40, but I certainly don't think it's out of the question... I am getting back in around 20-25, with caution. Bitcoin can reach 15-20usd without losing the uptrend. |
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shkiser
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March 07, 2013, 12:13:52 AM |
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Is this really considered a bubble at this point? Whats up with the huge fluctuation every 10 seconds? Seen it hit 43 -42, dropped to 40.. then back to 42, dropped to a low of 38.5, than back to 42.. This is driving me nuts
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Cyberdyne
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March 07, 2013, 12:23:15 AM |
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41 already!! :-) Can't believe I sold for 48.5!!
Go for 15!! GO GO GO GO!!
I didn't exactly "sell" any but I picked very good timing to load more money into my Namecheap account, that's for sure! |
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flaab (OP)
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March 07, 2013, 12:30:03 AM |
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Is this really considered a bubble at this point? Whats up with the huge fluctuation every 10 seconds? Seen it hit 43 -42, dropped to 40.. then back to 42, dropped to a low of 38.5, than back to 42.. This is driving me nuts
Indeed, there were a LOT of pending buying order at those prices. They get triggered, which triggers more pending selling or market orders from rational bitcoin holders, so price swings its way up or down. Anyone not selling now is not seasoned in financial markets. Bitcoin is headed to the stars but not tomorrow. It shall fall to 15, where it belongs for the moment. |
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TheN33k
Newbie
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March 07, 2013, 12:32:45 AM |
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It's gonna tank, all the people claiming it wasn't a bubble are hilariously naive.
But down to single digits?? I have a reeaally hard time believing that.. With all the new business with bitcoins? I think it could easily settle at $25.
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flaab (OP)
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March 07, 2013, 12:34:33 AM |
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It's gonna tank, all the people claiming it wasn't a bubble are hilariously naive.
But down to single digits?? I have a reeaally hard time believing that.. With all the new business with bitcoins? I think it could easily settle at $25.
From a technical perspective, 20-25 would still be "high". It should touch 15-20 and remain bullish. We can still see more volatility before that happens, perhaps a double top pattern. Bitcoin is extremely volatile and traders are not seasoned, that is why I am starting to love it. |
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evolve
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March 07, 2013, 12:53:04 AM |
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It's gonna tank, all the people claiming it wasn't a bubble are hilariously naive.
This. |
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bitcon
Legendary
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Merit: 1008
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March 07, 2013, 01:27:56 AM |
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wont go below $34
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