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Author Topic: Well this has been a goddamn stressful 30 minutes  (Read 2872 times)
bL4nkcode
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June 21, 2016, 01:10:58 AM
 #21

Maybe because many bitcoin holders are selling their coins and bitcoin price becomes lower and lower I hope it would not be woroe. But still I'm holding this coins I will not convert it. But I guess its only temporary lets wait again in 30mins  if this will continue to happen, well rhis will not help. And the current price is $682
ps_jb
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June 21, 2016, 01:11:57 AM
 #22

Well even if Bitcoin goes down another $50, you have still doubled your money.

No shit

But I'm buying gold with BTC - and this dip sucks for me
C0inB1te (OP)
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June 21, 2016, 01:15:21 AM
 #23

Buy more now or wait?
UnDerDoG81
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June 21, 2016, 01:18:05 AM
 #24

congrats to the dip buyers. this will be back at 740 when i wake up in 8 hrs  Smiley
C0inB1te (OP)
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June 21, 2016, 01:21:40 AM
 #25

congrats to the dip buyers. this will be back at 740 when i wake up in 8 hrs  Smiley
My phone has so many notifier warnings going off there is no way I'll be sleeping Cry
calme
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June 21, 2016, 01:22:26 AM
 #26

Yeah no worries here. Sometimes a dip is necessary for the upward momentum. Bullish
BlindMayorBitcorn
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June 21, 2016, 01:25:38 AM
 #27

congrats to the dip buyers. this will be back at 740 when i wake up in 8 hrs  Smiley
My phone has so many notifier warnings going off there is no way I'll be sleeping Cry

That's really no way to live.

Accursed and unquiet wrangling days are these.  Undecided

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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June 21, 2016, 01:39:12 AM
 #28

No need to stress out as the market reacts quite normal. The entire market is filled with speculation around the block halving. It's good that a dump like this happened as it takes a lot selling pressure away from the market. If we can settle above $700 we're perfectly fine.
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June 21, 2016, 01:42:38 AM
 #29

No need to stress out as the market reacts quite normal. The entire market is filled with speculation around the block halving. It's good that a dump like this happened as it takes a lot selling pressure away from the market. If we can settle above $700 we're perfectly fine.

I'm glad Bitfinex decided to shut down their trading & let the market chill out a bit.
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June 21, 2016, 01:51:18 AM
 #30

I'm glad Bitfinex decided to shut down their trading & let the market chill out a bit.

So basically rob all traders on dip

P_Shep
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June 21, 2016, 05:08:17 AM
 #31

Some drama overnight, eh?
Looks like it recovered rather well, considering, only really dropped $30 or so.
UnDerDoG81
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June 21, 2016, 10:12:01 AM
 #32

congrats to the dip buyers. this will be back at 740 when i wake up in 8 hrs  Smiley

Almost  Tongue
CryptoBjorn
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June 21, 2016, 10:16:10 AM
 #33

I need to stop watching this chart. I want to hold. I'm going to hold. But shit if I keep watching the chart right now I'm gonna go gray.

Lol i remembered doing this too when I was new in bitcoin. The price is never a good indicator to hold or sell.
The way i learned is to check historial points of bitcoin and look to date vs expectation.

Suppose the halving was coming up next week,
Short term: Hold
Long term: Hold

Short term traders option would to be selling your coins and buy back cheaper.
bitcoinboy12
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June 21, 2016, 10:28:29 AM
 #34

I need to stop watching this chart. I want to hold. I'm going to hold. But shit if I keep watching the chart right now I'm gonna go gray.

Lol i remembered doing this too when I was new in bitcoin. The price is never a good indicator to hold or sell.
The way i learned is to check historial points of bitcoin and look to date vs expectation.

Suppose the halving was coming up next week,
Short term: Hold
Long term: Hold

Short term traders option would to be selling your coins and buy back cheaper.

I guess the safe thing to do is try to reserve some and never let it out. And the rest would be free for you to play with.

MatTheCat
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June 21, 2016, 12:17:26 PM
 #35

I just bought the dip.  First coin I bought since $450.


Dip isn't in yet, we still have at least 20% to drop.

I love the way that the Stamp chart looks like a little dagger, being dangled off the edge of a very high cliff....will have to come up with a name for that.

'dip buyers' can be rest asssured. If price corrects heavily...and then just kind of hangs around not moving.....chance are there is more to go....lots more.

I know, I can call it, 'The Dangling Danger Dagger of Death!'


Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
CryptoBjorn
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June 21, 2016, 12:24:49 PM
 #36

I need to stop watching this chart. I want to hold. I'm going to hold. But shit if I keep watching the chart right now I'm gonna go gray.

Lol i remembered doing this too when I was new in bitcoin. The price is never a good indicator to hold or sell.
The way i learned is to check historial points of bitcoin and look to date vs expectation.

Suppose the halving was coming up next week,
Short term: Hold
Long term: Hold

Short term traders option would to be selling your coins and buy back cheaper.

I guess the safe thing to do is try to reserve some and never let it out. And the rest would be free for you to play with.

That's correct. I do the same.
I have some bitcoins reserved for trading. Those coin's i won't sell till will get out of bitcoin. The other part of my bitcoin are meant for selling at the right moment.
This will probably be in a few years, because I don't see the price go to 1k anytime soon.
Holdaaja
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June 21, 2016, 12:40:04 PM
 #37

Lol, I have been looking Bitfinex price of 713$ for hours, wondering why it isn't moving much Cheesy
But last 1 hour price is up 34$ (at bitstamp) so looks like we are going back up.

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MatTheCat
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June 21, 2016, 12:49:58 PM
 #38

Lol, I have been looking Bitfinex price of 713$ for hours, wondering why it isn't moving much Cheesy
But last 1 hour price is up 34$ (at bitstamp) so looks like we are going back up.

U do understand that markets don't just get to their final destination, by going direct, A-B?

That was a bounce.

There is more shit to come.

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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June 21, 2016, 01:26:21 PM
 #39

looks like china is finished with the quick dump. up we go and fuck finex for the moment.

Can they get to 650?

The panic is only going to accelerate, always does... You can expect that 650 within 30 mins
Panic panic. price is down to 656$ but im not gonna sell it. im with the op and i think we will see an increase very soon. im having a target of 1000$ then i will sell my coins.
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June 21, 2016, 03:08:16 PM
 #40

Why is everyone stressing, you bought the coins when they were $250 or $275 right?  this is still well above the starting price

Quite a few people will be margin trading. That adds a whole new world of hurt if there are sudden movements out of nowhere. They could be wiped out completely. They're the ones who set the prices, not the ones who bought a coin six months ago.
guess they should have read the markers better, this is not rocket science
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