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I sold everything at $158/159 this morning
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Topic: I sold everything at $158/159 this morning (Read 20716 times)
bonker
Hero Member
Offline
Activity: 784
Merit: 502
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:17:31 AM
#101
Just passed $180 today (i.e the day after OP sold)
$1000 BTC this year? Starting to look more likely than not
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BitSmile
Full Member
Offline
Activity: 126
Merit: 100
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:23:39 AM
#102
How do you tell it's overpriced? Value is completely subjective.
CoinLenders - earn interest and get btc loans!
Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:25:45 AM
#103
OP: the train is leaving the station.... Can't you see it?
PGP KEY
t3xasdolly
Full Member
Offline
Activity: 131
Merit: 100
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:29:53 AM
#104
Quote from: BitSmile on April 08, 2013, 08:23:39 AM
How do you tell it's overpriced? Value is completely subjective.
OP is noob because he sold all, its more likely the price will be only higher than $158 from now, even considering swings.
bonker
Hero Member
Offline
Activity: 784
Merit: 502
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:30:33 AM
#105
Quote from: BitSmile on April 08, 2013, 08:23:39 AM
How do you tell it's overpriced? Value is completely subjective.
Look at the fundamentals and use common sense. Look at the market cap of PayPal, gold, silver. BTC is better than all of them in its own way.... it's super undervalued at $180.
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wopwop
Sr. Member
Offline
Activity: 252
Merit: 250
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:31:31 AM
#106
Quote from: bonker on April 08, 2013, 08:30:33 AM
Quote from: BitSmile on April 08, 2013, 08:23:39 AM
How do you tell it's overpriced? Value is completely subjective.
Look at the fundamentals and use common sense. Look at the market cap of PayPal, gold, silver. BTC is better than all of them in its own way.... it's super undervalued at $180.
I know right
zvs
Legendary
Offline
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:46:01 AM
#107
Quote from: bonker on April 08, 2013, 08:30:33 AM
Quote from: BitSmile on April 08, 2013, 08:23:39 AM
How do you tell it's overpriced? Value is completely subjective.
Look at the fundamentals and use common sense. Look at the market cap of PayPal, gold, silver. BTC is better than all of them in its own way.... it's super undervalued at $180.
Texas exported $471m worth of hides and skins in 2011, BTC market cap is over 4x this amount
panck4beer
Full Member
Offline
Activity: 140
Merit: 100
Re: I sold everything at $158/159 this morning
April 08, 2013, 08:47:04 AM
#108
Quote from: bonker on April 08, 2013, 08:30:33 AM
Quote from: BitSmile on April 08, 2013, 08:23:39 AM
How do you tell it's overpriced? Value is completely subjective.
Look at the fundamentals and use common sense. Look at the market cap of PayPal, gold, silver. BTC is better than all of them in its own way.... it's super undervalued at $180.
+1
Im so happy there are sellers willing to sell so cheap. Thank you OP
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Zaih
Hero Member
Offline
Activity: 504
Merit: 500
Re: I sold everything at $158/159 this morning
April 08, 2013, 09:08:00 AM
#109
I think your experience in trading really differentiates to Bitcoin. It's a different story completely.
I'm willing to eat my own words though.
Only time will tell, huh
The Mafia
Newbie
Offline
Activity: 50
Merit: 0
⇾
Re: I sold everything at $158/159 this morning
April 08, 2013, 09:49:34 AM
#110
I'm considering selling all of mine at the market price of $175, and waiting to see what happens next. Its so hard to decide lol. What if it hits $200? etc.
bonker
Hero Member
Offline
Activity: 784
Merit: 502
Re: I sold everything at $158/159 this morning
April 08, 2013, 09:55:03 AM
#111
Quote from: The Mafia on April 08, 2013, 09:49:34 AM
I'm considering selling all of mine at the market price of $175, and waiting to see what happens next. Its so hard to decide lol. What if it hits $200? etc.
I would be stunned if the market didn't hit $200 in the next week or so
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
Re: I sold everything at $158/159 this morning
April 08, 2013, 10:07:38 AM
#112
Quote from: The Mafia on April 08, 2013, 09:49:34 AM
I'm considering selling all of mine at the market price of $175, and waiting to see what happens next. Its so hard to decide lol. What if it hits $200? etc.
You are in BTC because of fiat profits? SELL SELL SELL
You are in BTC because of freedom? HOLD HOLD HOLD
Every BTC sold goes from weak hands to stronger hands. Just do it!
PGP KEY
martynw2000
Member
Offline
Activity: 117
Merit: 10
Re: I sold everything at $158/159 this morning
April 08, 2013, 10:08:45 AM
#113
Quote
I sold everything at $158/159 this morning
I think you sold too early
bear1981
Newbie
Offline
Activity: 13
Merit: 0
Re: I sold everything at $158/159 this morning
April 08, 2013, 10:35:04 AM
#114
I love how people will have had the exact same conversations as they when they went to $10-$20 - loads cashing out never dreaming of $1000+ per btc.
I personally made a big investment at $70ish and am prepared to go down with bitcoin if it does or rise with it - I'm just happy to be part of history against banks whether it flops or not, this is special!
I don't care what happens but would prefer it to sky rocket :-)
Capitalist
Newbie
Offline
Activity: 5
Merit: 0
Re: I sold everything at $158/159 this morning
April 08, 2013, 11:05:32 AM
#115
OP gave no reason for selling out at $159 other than calling this a "sucker rally".
While it's obvious that BTC can't rise forever, who says it won't top out at $500/BTC or $5000/BTC?
Caesar V
Sr. Member
Offline
Activity: 369
Merit: 250
Re: I sold everything at $158/159 this morning
April 08, 2013, 11:12:22 AM
#116
how you feeling now op?
brenzi
Member
Offline
Activity: 113
Merit: 10
Re: I sold everything at $158/159 this morning
April 08, 2013, 11:33:06 AM
#117
sure, sell all your bitcoins now. that calms down the rise. And might even reduce the risk for a bubble...
Energy consumption will become an issue if bitcoin really breaks through
Encointer: An Ecological, Egalitarian and Private Cryptocurrency and Self-Sovereign Identity System
anarchomedia
Newbie
Offline
Activity: 20
Merit: 0
Re: I sold everything at $158/159 this morning
April 08, 2013, 11:38:33 AM
#118
btc now trading for $184, I guess if the OP knew what he was talking about he should have sold out now or even later.
jamesrom
Newbie
Offline
Activity: 5
Merit: 0
Re: I sold everything at $158/159 this morning
April 08, 2013, 12:19:32 PM
#119
It's going to hit $200 in the next 36 hours. Enjoy your fiat.
Keimoasd
Newbie
Offline
Activity: 30
Merit: 0
Re: I sold everything at $158/159 this morning
April 08, 2013, 12:21:57 PM
#120
Gonna hit $200 in no time.
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