Price Increasing Faster Than I Refresh

[bonker]

I'm sitting here and every time I click refresh on my browser the price jumps and makes my mouth fall open.

[1715145152]

1715145152

[1715145152]

1715145152

[wopwop]

I'm sitting here with tears in my eyes about how heart breakingly moving your post is

[HappyBitCoinUser]

I'm trying to buy low, sell high, but how can I do that when the price is only going up?

And yes its going up every time I hit refresh too!

[OxSystems]

Buy (Right now is the low... at all times)
then wait 10 minutes (now your at the new low and high)
Sell for profit

[tutkarz]

i just realized something. Look at this example:

person A bought 1 000 bitcoins at exchange.
Price doubled so he wants to sell it but he is not going to just get money back to his account because he would have to pay high income tax.
He is going to sell it face to face.
Now someone bought that bitcoins but he probably wont sell it at exchange too because he also would have to pay tax, especially as the price again increased.
Which brings us to the conclusion that there might be less and less bitcoins for sale at exchange which will increase the price all the time forever?
maybe i forgot about something? or maybe it wont be that "bad"

[Tronlet]

http://bitcoinity.org/markets

Or http://bitcoin.clarkmoody.com/widget/chart/ if you're weird and like/can read candlestick.

[HappyBitCoinUser]

Buy (Right now is the low... at all times)
then wait 10 minutes (now your at the new low and high)
Sell for profit

I can't take the pressure!

Ok ok, I put in $2k worth bid and hope to double my money within a few days.

I have faith!

[smoothie]

i just realized something. Look at this example:

person A bought 1 000 bitcoins at exchange.
Price doubled so he wants to sell it but he is not going to just get money back to his account because he would have to pay high income tax.
He is going to sell it face to face.
Now someone bought that bitcoins but he probably wont sell it at exchange too because he also would have to pay tax, especially as the price again increased.
Which brings us to the conclusion that there might be less and less bitcoins for sale at exchange which will increase the price all the time forever?
maybe i forgot about something? or maybe it wont be that "bad"

This ^

[||bit]

I'm trying to buy low, sell high, but how can I do that when the price is only going up?

And yes its going up every time I hit refresh too!

Jesse Livermore: "A stock is never too high to buy and never too low to short."

He was a stock trader, but that probably applies to currency as well. Also, that guideline probably needs to be balance with all his ideas.

http://www.jesse-livermore.com/trading-rules.html

[IIOII]

I'm sitting here and every time I click refresh on my browser the price jumps and makes my mouth fall open.

At least I know who's responsible for repeatedly bringing down bitcoincharts.com's server.

[MikeH]

person A bought 1 000 bitcoins at exchange.
Price doubled so he wants to sell it but he is not going to just get money back to his account because he would have to pay high income tax.
He is going to sell it face to face.
Now someone bought that bitcoins but he probably wont sell it at exchange too because he also would have to pay tax, especially as the price again increased.
Which brings us to the conclusion that there might be less and less bitcoins for sale at exchange which will increase the price all the time forever?
maybe i forgot about something? or maybe it wont be that "bad"

Yeah, I've been thinking about this, I purchased all my bitcoins but have no proof of purchase. 

If I were to sell my coins through MtGox and send the funds via bank transfer, I might be hit for capital gains - even if I sold at a loss!

So I'm going to have to sell through localbitcoins or something to avoid being ripped off by the tax man.

[01BTC10]

https://chrome.google.com/webstore/detail/auto-refresh-plus/oilipfekkmncanaajkapbpancpelijih?hl=en

[600watt]

I'm sitting here and every time I click refresh on my browser the price jumps and makes my mouth fall open.

shit.i went out to piss and when i came back the price was still not at 200. momentum is getting lost. 

[wopwop]

I'm sitting here and every time I click refresh on my browser the price jumps and makes my mouth fall open.

shit.i went out to piss and when i came back the price was still not at 200. momentum is getting lost. 

need new believers to enter

[HappyBitCoinUser]

I'm sitting here and every time I click refresh on my browser the price jumps and makes my mouth fall open.

shit.i went out to piss and when i came back the price was still not at 200. momentum is getting lost. 

Go to bed for 8 hrs, and I'm sure you'll wake up to see $300

[alexh]

Insane, can't wait for the $200.

[Tronlet]

i just realized something. Look at this example:

person A bought 1 000 bitcoins at exchange.
Price doubled so he wants to sell it but he is not going to just get money back to his account because he would have to pay high income tax.
He is going to sell it face to face.
Now someone bought that bitcoins but he probably wont sell it at exchange too because he also would have to pay tax, especially as the price again increased.
Which brings us to the conclusion that there might be less and less bitcoins for sale at exchange which will increase the price all the time forever?
maybe i forgot about something? or maybe it wont be that "bad"

Tax evasion plays too small a role for that.

And you certainly shouldn't hope for that, because what you're talking about is obviously unsustainable, and a deflationary doom spiral for sure. Deflationary spirals are already a possible problem in Bitcoin's far future, there's no need to ensure any.