I sold everything at $158/159 this morning

[bonker]

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]

How do you tell it's overpriced? Value is completely subjective.

[Rampion]

OP: the train is leaving the station.... Can't you see it?

 

[t3xasdolly]

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]

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.  

[wopwop]

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]

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]

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

[Zaih]

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]

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]

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

[Rampion]

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!

[martynw2000]

I sold everything at $158/159 this morning

I think you sold too early 

[bear1981]

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]

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]

how you feeling now op? 

[brenzi]

sure, sell all your bitcoins now. that calms down the rise. And might even reduce the risk for a bubble...

[anarchomedia]

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]

It's going to hit $200 in the next 36 hours. Enjoy your fiat.

[Keimoasd]

Gonna hit $200 in no time.