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Author Topic: Recovery??  (Read 2162 times)
Adrian-x
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April 12, 2013, 06:13:58 PM
Last edit: April 13, 2013, 04:03:38 AM by Adrian-x
 #21

mt gox is ddosed to oblivion again.

the DDos is just new users flooding in, and people refreshing the charts. Wink  

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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massivebitman (OP)
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April 12, 2013, 06:17:17 PM
 #22

Looks to me like the bottom has been hit and we're seeing a lot of support at $70 - $80. It won't go below $50 and it will be back near $100 next week. Check back in a week, a day, whatever you like. I'm willing to bet 3 internet points.

That's what makes me believe. There's a huge amount of buy support underneath it now.

Now that the price is steady and there's a good chance you're on a loss, why would you want to sell?

ruski
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April 12, 2013, 06:28:15 PM
 #23

Looks to me like the bottom has been hit and we're seeing a lot of support at $70 - $80. It won't go below $50 and it will be back near $100 next week. Check back in a week, a day, whatever you like. I'm willing to bet 3 internet points.

That's what makes me believe. There's a huge amount of buy support underneath it now.

Now that the price is steady and there's a good chance you're on a loss, why would you want to sell?

The price is not steady. The price has been trading in a narrow range for less than a day. That is not "steady."

BitSlut69
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April 12, 2013, 06:38:32 PM
 #24

That is as steady as BTC ever gets.

Will it hold in that same range long term? I doubt it.
elux
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April 12, 2013, 07:09:00 PM
 #25

Quote
Btccharts temp/backup site is up:





warpio
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April 12, 2013, 07:12:30 PM
 #26

we're getting into bubble territory again already... this is exciting!

*crosses fingers for massive weekend dip selloff so I can pick up some cheap coins*
glub0x
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April 12, 2013, 07:29:08 PM
 #27

It's not a bubble this time, its a battlefield.
this

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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April 12, 2013, 07:34:02 PM
 #28

$80 is still ridiculously overbought IMHO. I'll start buying coins to hold if we go considerably lower. Until then I just buy them when I want to use them and use them.
massivebitman (OP)
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April 13, 2013, 02:02:24 AM
 #29

we're getting into bubble territory again already... this is exciting!

*crosses fingers for massive weekend dip selloff so I can pick up some cheap coins*

Indeed... I think this is the your last chance for cheap coins!

Come monday this thing will be surging again

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