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Author Topic: R-R-R-REBOUND! (23USD/BTC)  (Read 3526 times)
Man From The Future
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June 12, 2011, 12:35:50 PM
 #1

Topic says it all. Grin

edit:23!
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kajoman
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June 12, 2011, 12:40:00 PM
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Sweet... Sustainable? I'd love to start using my BTC to shop for my everyday needs, but there is a lack of supply in terms of BTC businesses where I live.. Anyways, hurray!
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June 12, 2011, 12:49:17 PM
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I'm just waiting for it to hit twenty, so I can make an annoying poster. I've been sure not to mention the b-word, so no comics will turn up, at least!
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June 12, 2011, 12:54:33 PM
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I'm just waiting for it to hit twenty, so I can make an annoying poster. I've been sure not to mention the b-word, so no comics will turn up, at least!

hahaha Grin
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June 12, 2011, 01:00:40 PM
 #5

My post is a negative warning, with a positive message for Bitcoin Health.

Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.

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June 12, 2011, 01:06:28 PM
 #6

My post is a negative warning, with a positive message for Bitcoin Health.

Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.

One can only hope for so much, and that it goes back up... and then back down and back up again!
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June 12, 2011, 01:09:02 PM
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My post is a negative warning, with a positive message for Bitcoin Health.

Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.

Bitcoin is a young project and a small market. Volatility is spected, it should not be a surprise. Only with time and more acceptance will volatility go away.
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June 12, 2011, 01:18:54 PM
 #8

Its $19!! SELL SELL SELL

lol

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w0mbat
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June 12, 2011, 02:08:37 PM
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i personally think that the real value is much, much higher than right now.

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stick_theman
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June 12, 2011, 02:41:59 PM
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I was hoping it could correct more so I can back up my truck and load up...

Atlas, I took a nap.

 Grin
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June 12, 2011, 03:29:41 PM
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Hmmn.  I wonder when the next crash will come?  Certainly within a week.  I'm starting to see a pattern, here.  I really ought to start playing the game - I've been strictly a miner up to this point.
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June 12, 2011, 04:05:06 PM
 #12

maybe there are some investors taking advantage of this.
I mean, it doesn't' take too much $ to run up or down the price at mtgox

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Man From The Future
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June 12, 2011, 04:21:43 PM
 #13

And now we're at 23. Smiley
neptop
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June 12, 2011, 04:24:24 PM
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Damn, it takes to long to move money.  Sad

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June 12, 2011, 04:46:22 PM
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Don't let the guy who lost his retirement money see this thread.  People freak out too easy too fast.

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June 12, 2011, 05:08:17 PM
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Don't let the guy who lost his retirement money see this thread.  People freak out too easy too fast.

Lost his retirement money? I suppose I can see the greed take over and then see people get scared, did someone buy in really high and then decide not to wait it out?

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June 12, 2011, 05:22:11 PM
 #17

anybody who invested over $600 in btc and sold when it crashed deserves to lose all their money, investing while not knowing anything about how markets work is just plain dumb
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June 12, 2011, 06:59:10 PM
 #18

awesome haha  Grin

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finnthecelt
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June 12, 2011, 07:39:19 PM
 #19

My post is a negative warning, with a positive message for Bitcoin Health.

Why can't the market be more "sane", going up so fast is not a good sign since a strong pull-back is more likely. Slow and steady is better for investors and Bitcoin. At this rate it could be back to $10.25 today's low in < 60 minutes.

Bitcoin is a young project and a small market. Volatility is spected, it should not be a surprise. Only with time and more acceptance will volatility go away.

Correct. Volatility will be with us for a looooooooooong time. I think all the coins will need to be mined and then maybe 5+ years after that will need to pass. It's all quite fascinating really.
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June 12, 2011, 08:44:09 PM
 #20

I'm upset I didn't have enough liquid capital to dump at the $10-$11 valuation. I must say I'm surprised there was such an early rebound.
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