NikolaTesla (OP)
Newbie
Offline
Activity: 28
Merit: 0
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April 10, 2013, 04:07:02 PM |
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Maybe this thread will go down in infamy like all the others and be bumped in a few months maybe not. But it seems like a correction is coming (not necessarily an epic crash, but a correction nonetheless). The media hype has died down, volume is down (even in USD), the price spiked at $266 and I don't think we are going anywhere past that. The millionaires are cashing out (big sells today)... this rocket has reached its apex, now it's time for gravity to kick in. This isn't a bad thing, the price will drop and then stabilize and Bitcoin will finally actually be used for its intended purpose, as a currency at online stores. That will make the Bitcoin protocol as a whole more valuable. Wow... in the time it took me to write this post, the price has already dropped $10. Glad I cashed out when I did. https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/tumblr_lub18mfBV31r665ivo1_1280.jpg
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wopwop
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April 10, 2013, 04:07:33 PM |
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More cheap coins for me
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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April 10, 2013, 04:08:01 PM |
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Maybe this thread will go down in infamy like all the others and be bumped in a few months maybe not. But it seems like a correction is coming (not necessarily an epic crash, but a correction nonetheless). The media hype has died down, volume is down (even in USD), the price spiked at $266 and I don't think we are going anywhere past that. The millionaires are cashing out (big sells today)... this rocket has reached its apex, now it's time for gravity to kick in. This isn't a bad thing, the price will drop and then stabilize and Bitcoin will finally actually be used for its intended purpose, as a currency at online stores. That will make the Bitcoin protocol as a whole more valuable.
Wow... in the time it took me to write this post, the price has already dropped $10. Glad I cashed out when I did.
Have fun with your dollars.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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humanitee
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April 10, 2013, 04:08:04 PM |
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Bye.
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| | | Fast, Secure, and Fully
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| Whitepaper Medium Reddit
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yokosan
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April 10, 2013, 04:09:48 PM |
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Sold just over half of mine. Tidy profits and still in the game
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OnlyGoodVibes
Newbie
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Activity: 41
Merit: 0
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April 10, 2013, 04:12:25 PM |
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Anybody else feeling a sudden discord of unease? Who knows what happens next? Hmm!
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XXthetimeisnowXX
Sr. Member
Offline
Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
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April 10, 2013, 04:13:52 PM |
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ha i read this same post already but dude sold at 75.00 hahaha you can buy back in at 350 but wont and youll kick yourself when its past 500
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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April 10, 2013, 04:14:37 PM |
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Anybody else feeling a sudden discord of unease? Who knows what happens next? Hmm!
Unease of holding Federal Reserve Notes that are backed only by a bunch of bankers? Nope.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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massivebitman
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April 10, 2013, 04:15:05 PM |
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$10 is nothing... It's less than 5% at these prices.
There's still a ton of buy support up past 200. Once the lag clears, think we'll see another breakout.
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vokain
Legendary
Offline
Activity: 1834
Merit: 1019
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April 10, 2013, 04:15:16 PM |
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wait a couple days to sell so my dwolla clears please
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Minor Miner
Legendary
Offline
Activity: 2436
Merit: 1019
Be A Digital Miner
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April 10, 2013, 04:15:35 PM |
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It is good to take profits on a trade and only have regrets at how much more you "could have made". If that is your goal (trading). Personally, if I was trading BTC rather than investing in it, I would not sell until you see some kind of equilibrium on the buying vs. the limited selling. Day trading is adding a lot to this "volume" so the actual amount of the float that is changing hands is very small. As a trade, this is going higher. As an investment this is going up 50 fold.
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Missionary
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April 10, 2013, 04:16:49 PM |
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This is very well timed. I am actually glad to see this speed bump today. Now, if only my SEPA transfer would clear with Bitstamp...
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I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z You can find more information about my plans here: http://btcmission.com
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flaab
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April 10, 2013, 04:17:42 PM |
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I don't know what will happen with this correction. Will it make a huge crash? One thing is for sure, if it does not and the price resumes back up, only very very very (I mean that) strong hands will be holding bitcoins. So who knows?
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massivebitman
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April 10, 2013, 04:30:16 PM |
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I really think the Gox lag is to blame, along with the sudden excitement from last night about hitting $200 causing slight above trend overpricing
I'm going to set a buy order just above $200. There's no way it's breaking back below that right.
The dip is % terms is small
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600watt
Legendary
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Activity: 2338
Merit: 2106
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April 10, 2013, 04:58:02 PM |
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I really think the Gox lag is to blame, along with the sudden excitement from last night about hitting $200 causing slight above trend overpricing
I'm going to set a buy order just above $200. There's no way it's breaking back below that right.
The dip is % terms is small
cant move with mt gox... fkn..
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wopwop
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April 10, 2013, 04:58:19 PM |
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CHEAP COINS BUYING FULL HANDS
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Crazy
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April 10, 2013, 05:02:27 PM |
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Hey wopwop, are you the guy buying at $230 when the bids are at $216? ROFL!
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Elon Krusky
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wtfvanity
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April 10, 2013, 05:04:46 PM |
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Broke below 200 on btc-e.
Holy moly this stuff is crazy.
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WTF! Don't Click Here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Gordonium
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April 10, 2013, 05:05:34 PM |
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You just made a bad mistake. I hope you still have enough brains to buy back as soon as possible.
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Minor Miner
Legendary
Offline
Activity: 2436
Merit: 1019
Be A Digital Miner
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April 10, 2013, 05:06:33 PM |
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Broke below 200 on btc-e.
Holy moly this stuff is crazy.
BUY IT. There is no fundamental reason it is going down other that another DDOS. Use the opportunity to make money just like the people doing the attack are. Do not be a sucker.
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