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PachucoBro
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April 08, 2013, 06:31:47 PM
 #41

What is the deviation for selling and buying in order to break even at a .6% fee.

Therefore, if I sold a 100 shares at $190.00000, I would have to buy in at $187.72684 to get my 100 shares back.
Giving a deviation of $2.27316.

Make it easy and stick with percentages... it costs 0.6% on each end of the buy and sell. Your 2.2% is pretty good to break even.

Taking into account the current BTC prices I usually figure in my head that selling and then buying lower doesn't make any sense, due to lag in timing and order processing, unless the price is swinging by more than 3% which is about $5 right now.

So really in the past history there hasn't been much need to sell and then buys since BTC seems to keep going up and up. Only today did I sell and re-buy and made 5% on my money ($78).

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Transisto
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April 08, 2013, 08:49:14 PM
 #42

So, mini flash-crash, or the bubble just popped?

This post was so much worthy of a 3 pages thread, I feel like ignoring you all !
HappyBitCoinUser
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April 08, 2013, 09:41:20 PM
 #43

What happened in Cyprus was not a 'hair cut', it was theft.

What is happening with BitCoin is snowball, not bubble.

Get it right!

Now, after every panic sell, the other half of the crowd takes advantage to buy up everything at low prices. In the end, the price is higher than before the panic sell.

When do theses people learn to stop panic selling. Just ride it out.
ehoffman
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April 10, 2013, 04:54:35 PM
 #44

This thread is still "au goût du jour"...

Well I was 2 day off with my original post.

Like my comments?  Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw
Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc Smiley
im3w1l
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April 10, 2013, 05:12:24 PM
 #45

https://www.youtube.com/watch?v=bw9CALKOvAI
Rampion
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April 10, 2013, 05:14:52 PM
 #46

When it does "pop", you can't stop Cheesy

Glad that I resisted the temptation to immediately buy and left my $$$ hanging around at Gox, nice buying opportunity around the corner Wink

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April 10, 2013, 05:32:58 PM
 #47

don't sell, common, just house money.
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April 10, 2013, 07:52:54 PM
 #48

Come on guys, sell a little bit more Smiley

I never thought I could've bought again BTC under $40... Please bears make that happen

Gotta love weak hands, come on guys... Panic!!!

 Grin Grin Grin Grin Grin

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April 11, 2013, 12:17:50 PM
 #49

Is the pop over?

Coinsecure referral ID: https://coinsecure.in/signup/refamit (use this link to signup)
San1ty
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April 11, 2013, 12:21:33 PM
 #50

No, Sub 100 very plausible.

Found my posts helpful? Consider buying me a beer :-)!:
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nobbynobbynoob
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April 11, 2013, 12:22:06 PM
 #51

Come on guys, sell a little bit more Smiley

I never thought I could've bought again BTC under $40... Please bears make that happen

Yes please, I won't mind a bit of that.

Bears will say "oh look, obvious bubble, pop", and judging by yesterday's crash, they look right. But the dump was needed, really: it's a sign of market sentiment. Bitcoin is fine, and has all the potential and is revolutionary yada yada, but the exchanges and other overlying infrastructure just aren't good enough. As market sentiment reflects that, maybe we need a bit more bearishness for a while. Cheap 'coins to snaffle up and all. Grin

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Frost
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April 11, 2013, 12:23:37 PM
 #52

I believe it is not a good idea to buy now... things get worse soon and then we get sexy cheap coins.

You dick
BitcoinMillionaire
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April 11, 2013, 12:29:52 PM
 #53

I believe it is not a good idea to buy now... things get worse soon and then we get sexy cheap coins.

Yep, wait this one out, we can probably get in at double digits. Single digits, no chance unless something big happens (like authorities shut down mtgox or something big like that).

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Frost
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April 11, 2013, 12:34:51 PM
 #54

I believe it is not a good idea to buy now... things get worse soon and then we get sexy cheap coins.

Yep, wait this one out, we can probably get in at double digits. Single digits, no chance unless something big happens (like authorities shut down mtgox or something big like that).

Yea double digits would be already cool  Smiley

You dick
smoothie
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April 11, 2013, 12:48:42 PM
 #55

I believe it is not a good idea to buy now... things get worse soon and then we get sexy cheap coins.

Yep, wait this one out, we can probably get in at double digits. Single digits, no chance unless something big happens (like authorities shut down mtgox or something big like that).

24 posts and you are acting like an expert on this forum.

Yes guys sell BTC now before we hit double digits!

Then you can buy back higher at $300+

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Frost
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April 11, 2013, 12:51:31 PM
 #56

I believe it is not a good idea to buy now... things get worse soon and then we get sexy cheap coins.

Yep, wait this one out, we can probably get in at double digits. Single digits, no chance unless something big happens (like authorities shut down mtgox or something big like that).

24 posts and you are acting like an expert on this forum.

Yes guys sell BTC now before we hit double digits!

Then you can buy back higher at $300+

But he is right. The ship is sinking for some time.

You dick
QueenElizabeth
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April 11, 2013, 12:52:01 PM
 #57

Bears will say "oh look, obvious bubble, pop", and judging by yesterday's crash, they look right. But the dump was needed, really: it's a sign of market sentiment. Bitcoin is fine, and has all the potential and is revolutionary yada yada, but the exchanges and other overlying infrastructure just aren't good enough. As market sentiment reflects that, maybe we need a bit more bearishness for a while. Cheap 'coins to snaffle up and all. Grin

This.

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