Bitcoin Forum
December 05, 2016, 06:41:13 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Its going to $454, no Its going to zero, no on second thought its going to $50  (Read 2788 times)
Blueberry408
Member
**
Offline Offline

Activity: 99


One American Sumbitch Which Love 8


View Profile
November 16, 2013, 01:22:01 PM
 #21

Oscillations can be taken advantage of. We dole out Nobels for people who figure out how to cash in on unreasonable market behavior. Someone could easily end up holding a Nobel for bitcoin.
Should be John Nash, IMHO.

this is the most neurotic sentiment Ive seen on an issue possibly in my whole career.  Ive traded commodities for 16+ years, and its easy to see in the price action that the people in this market are emotionally unstable and immature. The greed / fear oscillation is beyond compare.  Match that with tiny float / no liquidity and you get this roller coaster of emotional and financial insanity.

For those having important money in BTC, i.e. college fund, retirement etc, you should be warned that the the lows will be plunged again. Protect yourself, at this stage of development this is a wealth grinder.  Ive seen the effect is some OTC stock issues, but nothing this extreme.

Feel free to send along any spare floating point remainders: 1CVTqVbqHTw35xGKfp4vmxggKdkMVwswtr
1480963273
Hero Member
*
Offline Offline

Posts: 1480963273

View Profile Personal Message (Offline)

Ignore
1480963273
Reply with quote  #2

1480963273
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Undefeatable
Sr. Member
****
Offline Offline

Activity: 293


View Profile
November 16, 2013, 01:25:05 PM
 #22

this is the most neurotic sentiment Ive seen on an issue possibly in my whole career.  Ive traded commodities for 16+ years, and its easy to see in the price action that the people in this market are emotionally unstable and immature. The greed / fear oscillation is beyond compare.  Match that with tiny float / no liquidity and you get this roller coaster of emotional and financial insanity.

For those having important money in BTC, i.e. college fund, retirement etc, you should be warned that the the lows will be plunged again. Protect yourself, at this stage of development this is a wealth grinder.  Ive seen the effect is some OTC stock issues, but nothing this extreme.

Oh, look guys.  Another trader who thinks he can apply his experience to bitcoin...

Good luck with that.  But after losing your shirt 3 or 4 times, you'll start to sound like us.

Buy and hold.  You might try it.  But you won't until you lose a lot of money.

Even those with trading bot might lose out in the long run compare to buy and hold strategy...

whitemage
Full Member
***
Offline Offline

Activity: 219


View Profile
November 16, 2013, 04:37:00 PM
 #23

I just realized that this topic is 2 years old.. anyway, it will not go to zero so up, up and away to $1,000

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!