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Author Topic: SELL! SELL! SELL!  (Read 3264 times)
evolve (OP)
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April 15, 2013, 10:10:19 PM
 #1

(you should've done this at $200+)

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April 15, 2013, 10:11:08 PM
 #2

(you should've done this at $200+)



If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

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April 15, 2013, 10:14:20 PM
 #3

So much for the "$100 is the new ..." theory.

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April 15, 2013, 10:16:21 PM
 #4

(you should've done this at $200+)



If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

This. People who didn't sell at 200, either just got in at 200 or plan on holding bitcoins for the long term.
evolve (OP)
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April 15, 2013, 10:22:11 PM
 #5


If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

We wont be in the 70s long.  Wink

We may never see a price this high again, or if we do it could be a very long time from now...its best to lock in profits while you can (especially when there is a very good chance you'll be able to buy back in at a lower price.)

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April 15, 2013, 10:23:25 PM
 #6


If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

We wont be in the 70s long.  Wink

We may never see a price this high again, or if we do it could be a very long time from now...its best to lock in profits while you can (especially when there is a very good chance you'll be able to buy back in at a lower price.)



I agree that we're entering a bear market and i've too cashed out waiting for cheaper coins but what makes you think that?
evolve (OP)
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April 15, 2013, 10:29:54 PM
 #7

I agree that we're entering a bear market and i've too cashed out waiting for cheaper coins but what makes you think that?

I'm simply stating that future price is uncertain.

There is no guarantee the prices will ever go back up any significant amount once we hit bottom.  Maybe the prices will rise again naturally or maybe we will see another bubble and crazy high prices, but it is just as likely that the price stagnates or drifts down to fractions of a penny.
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April 15, 2013, 10:32:40 PM
 #8

It is possible that these 2 crashes could seriously hinder BTC, making way for another alt currency a couple years down the road.
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April 15, 2013, 10:39:59 PM
 #9

It is possible that these 2 crashes could seriously hinder BTC, making way for another alt currency a couple years down the road.

Doubt it. BTC's will still gain adoption whatever the price.

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April 15, 2013, 10:46:17 PM
 #10


If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

We wont be in the 70s long.  Wink

We may never see a price this high again, or if we do it could be a very long time from now...its best to lock in profits while you can (especially when there is a very good chance you'll be able to buy back in at a lower price.)


LOL
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April 15, 2013, 10:48:05 PM
 #11

http://bitbet.us/bet/410/mtgox-bitcoin-usd-exchange-rate-250-before/
evolve (OP)
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April 15, 2013, 10:55:44 PM
 #12

If you think I am going to buy back in and tie up my money on some betting site I have never heard of while the price is tanking and in a bear market, you are insane.

If (and when) I won, I could potentially lose more in BTC value than I'd win on the bet. Its a bad bet.

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April 15, 2013, 11:54:14 PM
 #13

If you think I am going to buy back in and tie up my money on some betting site I have never heard of while the price is tanking and in a bear market, you are insane.

If (and when) I won, I could potentially lose more in BTC value than I'd win on the bet. Its a bad bet.



Cmon man, I've got this sell order for $120 that I need filled... err I mean the fundamentals point towards up up up! Buy now or be priced out forever!
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April 16, 2013, 12:31:10 AM
 #14


If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

We wont be in the 70s long.  Wink

We may never see a price this high again, or if we do it could be a very long time from now...its best to lock in profits while you can (especially when there is a very good chance you'll be able to buy back in at a lower price.)



I agree that we're entering a bear market and i've too cashed out waiting for cheaper coins but what makes you think that?

Bear Market? LOL that so cute....this was a bubble plain and simple
evolve (OP)
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April 16, 2013, 12:38:07 AM
 #15

This period of price decline since the bubble hit its peak *is* a bear market.
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April 16, 2013, 01:09:22 AM
 #16

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April 16, 2013, 02:44:53 AM
 #17

This is what a Bear market looks like!

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April 16, 2013, 06:32:14 AM
 #18

Guys, buy fast, I heard it'll never be double digits again.

Elon Krusky
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April 16, 2013, 06:33:16 AM
 #19

sold half, buying back at 20
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April 16, 2013, 06:38:42 AM
 #20

I can't risk sell half and wait a 20 but 30 is good Smiley

For rent
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