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Author Topic: Will we ever see double digits again?  (Read 4012 times)
zkay
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April 03, 2013, 02:21:17 AM
 #21

I'm thinking the correction / swing this week will be pretty big. I got out at $113.50. Have I lost some opportunity? Yeah. On the other hand, I made six times my initial investment in less than 2 months.

Sure beats the hell out of the.25 percent I'd get if it were in a bank!
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blksith0
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April 03, 2013, 02:23:18 AM
 #22

Yeah, I got out too a little too early. Oh well, maybe it will crash really low... just maybe.
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April 03, 2013, 02:29:52 AM
 #23

I'm thinking the correction / swing this week will be pretty big. I got out at $113.50. Have I lost some opportunity? Yeah. On the other hand, I made six times my initial investment in less than 2 months.

Sure beats the hell out of the.25 percent I'd get if it were in a bank!
I got out at $113.89 with 1/3 rd of my stash. We will get back in by Saturday under $110. Just might make a run up to $150 tomorrow first. BTC China just hit $145.

- aka The "DigiMan"
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April 03, 2013, 02:40:05 AM
 #24

I'm thinking the correction / swing this week will be pretty big. I got out at $113.50. Have I lost some opportunity? Yeah. On the other hand, I made six times my initial investment in less than 2 months.

Sure beats the hell out of the.25 percent I'd get if it were in a bank!
I got out at $113.89 with 1/3 rd of my stash. We will get back in by Saturday under $110. Just might make a run up to $150 tomorrow first. BTC China just hit $145.
If there is that much of a spread, why not use LR for arbitrage?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
BitcoinTate
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April 03, 2013, 02:41:20 AM
 #25

I'm thinking the correction / swing this week will be pretty big. I got out at $113.50. Have I lost some opportunity? Yeah. On the other hand, I made six times my initial investment in less than 2 months.

Sure beats the hell out of the.25 percent I'd get if it were in a bank!
I got out at $113.89 with 1/3 rd of my stash. We will get back in by Saturday under $110. Just might make a run up to $150 tomorrow first. BTC China just hit $145.
If there is that much of a spread, why not use LR for arbitrage?
Good point!

- aka The "DigiMan"
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April 03, 2013, 02:42:12 AM
 #26

I'm thinking the correction / swing this week will be pretty big. I got out at $113.50. Have I lost some opportunity? Yeah. On the other hand, I made six times my initial investment in less than 2 months.

Sure beats the hell out of the.25 percent I'd get if it were in a bank!
I got out at $113.89 with 1/3 rd of my stash. We will get back in by Saturday under $110. Just might make a run up to $150 tomorrow first. BTC China just hit $145.
If there is that much of a spread, why not use LR for arbitrage?
Even after I translate the site half of it is still in Chinese Sad

- aka The "DigiMan"
yucca
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April 03, 2013, 02:42:48 AM
 #27

Doubtful, MtGox just recently had to employ 3 more fulltime staff (ontop of existing 4) to verify new trading accounts, the verification queue is still large.

You see the perception of bitcoin is polarised, people are either really bullish for it or really bearish, people signing up for a trading account tend to be bullish.

This means a whole new wave of optimistic traders are entering now, their expectations driving price.

Some will only be signing up to hold and speculate, thus reducing availability and further driving price.

And so we have just entered the third exponential phase, this will take us up to the high hundreds.

I would love it to drop <100 so I can buy more, but I really think the fuse is lit.

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April 03, 2013, 02:45:40 AM
 #28

Doubtful, MtGox just recently had to employ 3 more fulltime staff (ontop of existing 4) to verify new trading accounts, the verification queue is still large.

You see the perception of bitcoin is polarised, people are either really bullish for it or really bearish, people signing up for a trading account tend to be bullish.

This means a whole new wave of optimistic traders are entering now, their expectations driving price.

Some will only be signing up to hold and speculate, thus reducing availability and further driving price.

And so we have just entered the third exponential phase, this will take us up to the high hundreds.

I would love it to drop <100 so I can buy more, but I really think the fuse is lit.
I'm thinking you are correct!

- aka The "DigiMan"
yucca
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April 03, 2013, 02:51:15 AM
 #29

...I would love it to drop <100 so I can buy more, but I really think the fuse is lit.
I'm thinking you are correct!

I wish it would drop lower for a while, my wife is just about to get an account verified with MtGox (hopefully).

She'd like to dabble in daytrading BTC and obviously I'd like her to buy in as low as possible.

But it's crazy, all signs point to UP! Mainstream news coverage has driven the massive interest in the last week.


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April 03, 2013, 04:02:15 AM
 #30

We will see double digits again.

Yep

Great, now on the fast way to 1000 $   Cheesy Cheesy Cheesy
piramida
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April 03, 2013, 11:25:04 AM
 #31

We will see double digits again.

Yep

Great, now on the fast way to 1000 $   Cheesy Cheesy Cheesy

Yes, it's finally official - no more double digits. Thanks proudhon. Please never turn bullish.

i am satoshi
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April 03, 2013, 12:11:13 PM
 #32

EUR dropped to 97.26 briefly today.
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April 03, 2013, 12:13:39 PM
 #33

We will see double digits again.

Yep

Great, now on the fast way to 1000 $   Cheesy Cheesy Cheesy

Yes, it's finally official - no more double digits. Thanks proudhon. Please never turn bullish.

Proudhon is a contrarian indicator - or was, back when he put some effort into it.

But chodpaba is a horse of a different color...

Dankedan: price seems low, time to sell I think...
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April 03, 2013, 12:28:41 PM
 #34

You'll see double digits when you're counting mBTCs Smiley
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April 03, 2013, 01:02:04 PM
 #35

You'll see double digits when you're counting mBTCs Smiley
+1

- aka The "DigiMan"
muyuu
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April 03, 2013, 10:11:57 PM
 #36

It's looking unlikely after this failed dip.

BUY BUY BUY!

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wopwop
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April 03, 2013, 10:12:30 PM
 #37

returning to normal!
ineededausername
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April 04, 2013, 03:23:32 PM
 #38

We will see double digits again.

Yep

LOL

Proudhon has abandoned single digits and is now hoping for double digits Grin

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April 04, 2013, 03:24:46 PM
 #39

We will see double digits again.

Yep

LOL

Proudhon has abandoned single digits and is now hoping for double digits Grin

Proudhon's predictions are indistinguishable from his wishful thinking.

M4v3R
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April 12, 2013, 04:13:13 AM
 #40

No, we won't see double digits again. Bitcoin is still unbelievable underpriced. The price should be AT LEAST 1000 $/BTC.

Unbelievable underpriced. Right.
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