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Author Topic: How does it feel to have sold < $80 today?  (Read 4257 times)
m3whiteknight
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March 29, 2013, 01:32:30 AM
 #21

I admit I have  a weak hand , sold some at 88 and some at 85 but I was lucky and bought all my coin back in at 77 and some at 84 , so I guess I was lucky. Boy this afternoon was so stressfull and I was scare  Grin Grin
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March 29, 2013, 01:34:54 AM
 #22

I admit I have  a weak hand , sold some at 88 and some at 85 but I was lucky and bought all my coin back in at 77 and some at 84 , so I guess I was lucky. Boy this afternoon was so stressfull and I was scare  Grin Grin


Nice catch.


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Bitobsessed
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March 29, 2013, 01:42:37 AM
 #23



I don't know!  I never sell!


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March 29, 2013, 01:47:15 AM
 #24



I don't know!  I never sell!




I don't know!  I only buy!
m3whiteknight
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March 29, 2013, 02:02:36 AM
 #25

Haha  Grin   I wish I could buy more , stupid Dwolla holding my tranfer
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March 29, 2013, 03:20:12 AM
 #26

I will bump this thread when we cross 100.

Which time?

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March 29, 2013, 03:56:08 AM
 #27

I love these dips.  Shakes the weak hands and strengthens Bitcoin overall.

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March 29, 2013, 09:29:44 AM
 #28



I don't know!  I never sell!




I don't know!  I only buy!

I don't know, I go leveraged long on these dips, then buy bitcoins with my extra fiats.

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March 30, 2013, 04:48:17 AM
 #29

LOL gotta bring it up again....does it feel good selling < $80 just yesterday?  Grin Grin Grin

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Le Happy Merchant
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March 30, 2013, 04:50:47 AM
 #30

I will bump this thread when we cross 100.

Which time?

Both up, and down.

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April 01, 2013, 02:44:34 PM
 #31

I will bump this thread when we cross 100.

As promised!  Grin

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April 01, 2013, 03:01:43 PM
 #32

I sold all my bitcoins except 1 BTC which I am keeping for posterity in an online wallet. The reason I sold was because the price chart has gone exponential if looked at on a weekly or monthly basis. I having 20 years of trading experience on and off. I was trading in the tech stock bubble in the late 90's and even back then there were message forums like The Motley Fool which I was participating in. There were a few "investments" that got me burned, lessons which were worth 10 times the price I paid back then. Pay heed, if after surveying all the price data and the attitude of other market participants, if it looks like a bubble then swallow your emotions, it very most likely is a bubble. Don't get me wrong, I believe BTC will have a long term future, it's just that before then, and very soon, a massive price correction is going to happen and I will be in again.

I stick my neck out, BTC has just broken $100, I believe the price will drop rapidly to $50 by the end of April and will hit $25 some time in May at which point I will be buying again.

Good luck to everybody.

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April 01, 2013, 03:41:12 PM
 #33

I sold all my bitcoins except 1 BTC which I am keeping for posterity in an online wallet. The reason I sold was because the price chart has gone exponential if looked at on a weekly or monthly basis. I having 20 years of trading experience on and off. I was trading in the tech stock bubble in the late 90's and even back then there were message forums like The Motley Fool which I was participating in. There were a few "investments" that got me burned, lessons which were worth 10 times the price I paid back then. Pay heed, if after surveying all the price data and the attitude of other market participants, if it looks like a bubble then swallow your emotions, it very most likely is a bubble. Don't get me wrong, I believe BTC will have a long term future, it's just that before then, and very soon, a massive price correction is going to happen and I will be in again.

I stick my neck out, BTC has just broken $100, I believe the price will drop rapidly to $50 by the end of April and will hit $25 some time in May at which point I will be buying again.

Good luck to everybody.
Doubt that it will be sub $50.
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April 01, 2013, 03:46:27 PM
 #34

There are a lot of reasons why this is not the tech bubble.

What we are seeing here is the adoption curve of a new technology. It will hit saturation eventually, and stabilize, but until then, more people are going to find out about Bitcoin every day, and many of them are going to want in. As long as that's happening, expect the price to rise.

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April 01, 2013, 03:48:28 PM
 #35

I stick my neck out, BTC has just broken $100, I believe the price will drop rapidly to $50 by the end of April and will hit $25 some time in May at which point I will be buying again.

Good luck to everybody.

Why 100? Whats so special about it? Why not 30pi? Its more logical.

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April 01, 2013, 03:50:25 PM
 #36

I sold all my bitcoins except 1 BTC which I am keeping for posterity in an online wallet. The reason I sold was because the price chart has gone exponential if looked at on a weekly or monthly basis. I having 20 years of trading experience on and off. I was trading in the tech stock bubble in the late 90's and even back then there were message forums like The Motley Fool which I was participating in. There were a few "investments" that got me burned, lessons which were worth 10 times the price I paid back then. Pay heed, if after surveying all the price data and the attitude of other market participants, if it looks like a bubble then swallow your emotions, it very most likely is a bubble. Don't get me wrong, I believe BTC will have a long term future, it's just that before then, and very soon, a massive price correction is going to happen and I will be in again.

I stick my neck out, BTC has just broken $100, I believe the price will drop rapidly to $50 by the end of April and will hit $25 some time in May at which point I will be buying again.

Good luck to everybody.

This.  Still a little more optimistic than I am, but generally, I agree.

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April 01, 2013, 04:55:44 PM
 #37

I sold all my bitcoins except 1 BTC which I am keeping for posterity in an online wallet. The reason I sold was because the price chart has gone exponential if looked at on a weekly or monthly basis. I having 20 years of trading experience on and off. I was trading in the tech stock bubble in the late 90's and even back then there were message forums like The Motley Fool which I was participating in. There were a few "investments" that got me burned, lessons which were worth 10 times the price I paid back then. Pay heed, if after surveying all the price data and the attitude of other market participants, if it looks like a bubble then swallow your emotions, it very most likely is a bubble. Don't get me wrong, I believe BTC will have a long term future, it's just that before then, and very soon, a massive price correction is going to happen and I will be in again.

I stick my neck out, BTC has just broken $100, I believe the price will drop rapidly to $50 by the end of April and will hit $25 some time in May at which point I will be buying again.

Good luck to everybody.

This.  Still a little more optimistic than I am, but generally, I agree.
You guys fail to understand that bitcoins ARE NOT STOCKS.
And also these are not tulips.
This is unique in the history of humankind, a digital currency with very specific properties with a very unique history.
It is definitely uncharted waters, so any experience you might have had with securities, commodities and/or forex, it is absolutely irrelevant.
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April 01, 2013, 05:01:05 PM
 #38

I sold all my bitcoins except 1 BTC which I am keeping for posterity in an online wallet. The reason I sold was because the price chart has gone exponential if looked at on a weekly or monthly basis. I having 20 years of trading experience on and off. I was trading in the tech stock bubble in the late 90's and even back then there were message forums like The Motley Fool which I was participating in. There were a few "investments" that got me burned, lessons which were worth 10 times the price I paid back then. Pay heed, if after surveying all the price data and the attitude of other market participants, if it looks like a bubble then swallow your emotions, it very most likely is a bubble. Don't get me wrong, I believe BTC will have a long term future, it's just that before then, and very soon, a massive price correction is going to happen and I will be in again.

I stick my neck out, BTC has just broken $100, I believe the price will drop rapidly to $50 by the end of April and will hit $25 some time in May at which point I will be buying again.

Good luck to everybody.

This.  Still a little more optimistic than I am, but generally, I agree.
You guys fail to understand that bitcoins ARE NOT STOCKS.
And also these are not tulips.
This is unique in the history of humankind, a digital currency with very specific properties with a very unique history.
It is definitely uncharted waters, so any experience you might have had with securities, commodities and/or forex, it is absolutely irrelevant.
+1 Everything happens faster on the internet now days. Just look where Facebook was 5 years ago.

- aka The "DigiMan"
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April 01, 2013, 05:28:29 PM
 #39

I sold all my bitcoins except 1 BTC which I am keeping for posterity in an online wallet. The reason I sold was because the price chart has gone exponential if looked at on a weekly or monthly basis. I having 20 years of trading experience on and off. I was trading in the tech stock bubble in the late 90's and even back then there were message forums like The Motley Fool which I was participating in. There were a few "investments" that got me burned, lessons which were worth 10 times the price I paid back then. Pay heed, if after surveying all the price data and the attitude of other market participants, if it looks like a bubble then swallow your emotions, it very most likely is a bubble. Don't get me wrong, I believe BTC will have a long term future, it's just that before then, and very soon, a massive price correction is going to happen and I will be in again.

I stick my neck out, BTC has just broken $100, I believe the price will drop rapidly to $50 by the end of April and will hit $25 some time in May at which point I will be buying again.

Good luck to everybody.

This.  Still a little more optimistic than I am, but generally, I agree.
You guys fail to understand that bitcoins ARE NOT STOCKS.
And also these are not tulips.
This is unique in the history of humankind, a digital currency with very specific properties with a very unique history.
It is definitely uncharted waters, so any experience you might have had with securities, commodities and/or forex, it is absolutely irrelevant.
+1 Everything happens faster on the internet now days. Just look where Facebook was 5 years ago.

Have a look at the number of computers.
Famous quote:
"'I think there is a world market for about five computers' —Thomas J. Watson
All those bears would say that the exponential raise of computers is a bubble. I am sure proudhon would even say that the actual number of computer will fall to single digits soon...

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April 01, 2013, 05:36:04 PM
 #40

"There is no reason anyone would want a computer in their home."
- Ken Olson, president, chairman and founder of DEC

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