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Author Topic: bitcoin crossed 150$, 200$ & soon 500$  (Read 8897 times)
dishwara
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April 07, 2013, 11:58:00 AM
Last edit: April 09, 2013, 12:13:15 PM by dishwara
 #1

Today bitcoin crossed 150 USD.
http://bitcoincharts.com/markets/mtgoxUSD.html

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April 07, 2013, 12:26:34 PM
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It was goin to cross. I am sure we will just count the days before it crosses $200 soon.

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April 07, 2013, 05:28:08 PM
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Amazing gain post Cyprus

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April 07, 2013, 06:36:54 PM
 #4

$ 160

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April 08, 2013, 06:07:56 AM
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Almost at 10K INR for each BTC.

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April 08, 2013, 08:43:05 AM
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Next up: $200!
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April 08, 2013, 09:21:27 AM
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185 now Smiley

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April 08, 2013, 02:58:43 PM
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And we are going to reach 200 soon... 194 now Smiley

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April 08, 2013, 06:59:32 PM
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so  ... what  .. to do  Huh sell or hold

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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April 09, 2013, 05:44:58 AM
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so  ... what  .. to do  Huh sell or hold

Bitcoin is going to touch sky highs in the coming years. But still its very small economy compared to other markets ( around 1 bln ) and will see lot of ups and downs, challenges, market manipulations and what not. So if you are uber long with bitcoin, just hold and do not worry much about price going high or low.

But again we need to pay bills and do business Smiley

So simple advise, book some profit regularly when you find you are making good money. In case you find bitcoin price going low and can afford buy, buy again. But in any case you must have certain % ( it can be anything 10, 20, 50, 90, 99 ) as your long term investment.

One more thing is always try to spend bitcoins rather than selling. For example you want to buy BFL single or planning to buy some property near your town. Sell some coins for INR ( I dont think property owner will take bitcoin at the moment ) and buy whatever you have planned. I dont find a good reason to convert bitcoins to FIAT and hold that. But you can convert it to FIAT as medium of exchange for buying something or investing in something.

Also, Never put all eggs in one basket Smiley. Try to diversify your portfolio with some portion going in Gold, Property, Insurance and pension plans  and what not Smiley

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April 09, 2013, 06:09:17 AM
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so  ... what  .. to do  Huh sell or hold

Create an Ecosystem. Smiley

Trade with it. Do not buy or sell Smiley

Once you have some, that is.

But that's me, limited material requirements.

Everyone needs to get their own speculation on this one as no one has seen trends like what Bitcoin has created.

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April 09, 2013, 10:11:54 AM
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so  ... what  .. to do  Huh sell or hold


One more thing is always try to spend bitcoins rather than selling. For example you want to buy BFL single or planning to buy some property near your town. Sell some coins for INR ( I dont think property owner will take bitcoin at the moment ) and buy whatever you have planned. I dont find a good reason to convert bitcoins to FIAT and hold that. But you can convert it to FIAT as medium of exchange for buying something or investing in something.

Also, Never put all eggs in one basket Smiley. Try to diversify your portfolio with some portion going in Gold, Property, Insurance and pension plans  and what not Smiley

Cheers

thanks for advice, much appreciated.  I already invested to BFL, not much but what I can loose easily, now will wait till it turn into something real. I seriously considering now to buy some ASICminer shares. Sort of bitcions which not only grow but also pays some dividends.

FIAT ? why would you like to buy that car, stay away. If you like the look buy small model and keep it on your table. For guy who trade bitcoins for longer then most members here knew about it, you must be driving Bentley by now.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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April 09, 2013, 10:16:36 AM
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FIAT ? why would you like to buy that car, stay away. If you like the look buy small model and keep it on your table. For guy who trade bitcoins for longer then most members here knew about it, you must be driving Bentley by now.

rofl Tongue

Cheers

Edit : +1 for car analogy Smiley

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April 09, 2013, 10:49:03 AM
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!!!!!200!!!!! Shocked

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April 09, 2013, 10:49:27 AM
 #15

And crossed 200 Smiley

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April 09, 2013, 10:51:49 AM
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!!!!!200!!!!! Shocked

You bit me there Tongue

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April 09, 2013, 11:56:03 AM
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!!!!!200!!!!! Shocked

You bit me there Tongue

Cheers

haha :p
The greatest redistribution of wealth in human history is happening right in front of our eyes. proud to be a part of it ...go bitcoins go keep on rising!!    Smiley

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dishwara
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April 09, 2013, 12:13:48 PM
 #18

next destination will be 500 USD

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April 09, 2013, 12:16:26 PM
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next destination will be 500 USD

ha ha ha Tongue
I see what you did with Title Smiley

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April 09, 2013, 01:39:43 PM
 #20

300$ on or before 15 April.

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