Crash coming?

[btchaver]

If you have a nice stash of coins now you'd be wise to sell. Take your profits, mine, and wait for the drop. It's coming in a few months max.

Good advice. I always preffer to buy cheaper bitcoins. I like it.

I dont think so!  No money in mining unless you are well set up and have good and expensive equipment and know what you are doing.  and there might never be a drop and you will be left out when btc doubles and triples in value and you have nothing left and have lost everything.  Best things is to invest what you can afford to loose and just hold out as long as you can and dont cry if you loose it all  thats all and it might go back up it might not.  Just speculate thats all.  WHy sell something that is tripling in value that is the worst advice.  COnsidering it is so new and being realized by the public and media.  If  you look at stocks they always do good in the first year of being realized and then level out go lower or higher.  SO this is so new and its not a stock so it might do very good.

[Kluge]

I doubt a crash will happen... seems just people are getting scared...

You know what scared people do?

Panic sell.

[btchaver]

I doubt a crash will happen... seems just people are getting scared...

You know what scared people do?

Panic sell.

Scared people did not found this country people with balls did.

[prdkojistic]

I doubt a crash will happen... seems just people are getting scared...

You know what scared people do?

Panic sell.

Scared people did not found this country people with balls did.

You mean Vikings right?
Sorry, i had to...

[xylop]

I doubt a crash will happen... seems just people are getting scared...

You know what scared people do?

Panic sell.

Scared people did not found this country people with balls did.

All the newcomers want their own bubble too
The veterans can therefore sell all they want - there's lots of hands to take what they drop.

I think it will just bounce.
BTC is just what everyone wanted. Get their money out of the hands of banksters.
Don't see any reason why it would crash unless something serious shit happens.

Western union might start using BTC like they said. Who would want to dump?

[btcminer021]

Just be careful everyone. This is not a normal rise in price. It shows every sign of a bubble. I hate to say it, and I'm here and I believe in BTC, but don't bet your house on it going up more or staying up too long. This is all just speculation. BTC is backed by nothing but faith, same as fiat currencies. Once the price drops significantly and everyone looks to cash out, we'll be back at $5 a piece.

[zendantom]

Just be careful everyone. This is not a normal rise in price. It shows every sign of a bubble. I hate to say it, and I'm here and I believe in BTC, but don't bet your house on it going up more or staying up too long. This is all just speculation. BTC is backed by nothing but faith, same as fiat currencies. Once the price drops significantly and everyone looks to cash out, we'll be back at $5 a piece.

I wish you are right, I would buy thousands at this price. But Im not sure if I have to wait for it and losing oppurtunity to buy at $200

[larrysalibra]

I'd be interested to see the daily transaction value of BTC at Mtgox as a percentage of the rest of the BTC economy.  Wouldn't be surprised if it is more than 50%.  In this case, a lot of the value of BTC as it regards to fiat is exposed to the credit risk of mtgox. If everyone sells, even if you sell early, mtgox withdrawal limits would keep you from getting the cash for a long time.

[Tim0101]

Just be careful everyone. This is not a normal rise in price. It shows every sign of a bubble. I hate to say it, and I'm here and I believe in BTC, but don't bet your house on it going up more or staying up too long. This is all just speculation. BTC is backed by nothing but faith, same as fiat currencies. Once the price drops significantly and everyone looks to cash out, we'll be back at $5 a piece.

I wish you are right, I would buy thousands at this price. But Im not sure if I have to wait for it and losing oppurtunity to buy at $200

I though i had missed the curve at $60 :/

[Kluge]

I doubt a crash will happen... seems just people are getting scared...

You know what scared people do?

Panic sell.

-And God bless them. 

[willinaustin]

Yeah, I think a lot of us are fervently praying it'll tank today or tomorrow.  Buy (mine) and hold at cheap prices like the early adopters did.

[Rolande]

I am hoping BTC drops to something low enough for me to invest again, possibly.